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August 26, 2006 Ford Motor Co. recently announced it would cut production of cars and trucks by 21 percent in the fourth quarter and temporarily close 10 assembly plants.
I kinda of agree but when was the last time you bought a nickle bag of chips? In 75 dad about went off the deep end paying $4500 for a new truck....without air conditioning.
I remember when people used to think taking out a 24th month loan to pay for a new car was insane. You could take out a seven or ten year loan to pay for a house. You really could make a phone call from a pay phone for a dime you could also get a coke from a machine for a dime now they both will take credit cards in some cities. The gap between what you make and what goods costs has been spreading wider and wider. It's starting to hit the limit and somethings got to give or the auto industry want be the only one laying off thousands of workers.
i agree. i bought the current house 10 years ago, for less than it will cost to buy a new truck today. and to put it in better words, i paid $48,000 for the house. to replace my superduty, would cost $52,000
A really big problem is that locally diesel fuel costs anywhere from $0.40 - $0.80 more then gas. People used to buy diesels because the fuel was cheaper, but at these prices, it is very hard to justify an extra $8k or whatever a diesel engine costs over a gas engine.
There are an awful lot of people driving diesel trucks that never pull anything to speak of, don't need all that torque and power, and could easily get by with a small fuel efficient car. And with fuel prices being what they are, people aren't going to buy big, expensive trucks just to tool around town and drive back and forth to work unless they really need it to pull something heavy.
A really big problem is that locally diesel fuel costs anywhere from $0.40 - $0.80 more then gas. People used to buy diesels because the fuel was cheaper, but at these prices, it is very hard to justify an extra $8k or whatever a diesel engine costs over a gas engine.
There are an awful lot of people driving diesel trucks that never pull anything to speak of, don't need all that torque and power, and could easily get by with a small fuel efficient car. And with fuel prices being what they are, people aren't going to buy big, expensive trucks just to tool around town and drive back and forth to work unless they really need it to pull something heavy.
I totally agree. Plus the price tag of a new Superduty is out of control for most people. I always figured this day would come.
There are an awful lot of people driving diesel trucks that never pull anything to speak of, don't need all that torque and power, and could easily get by with a small fuel efficient car. And with fuel prices being what they are, people aren't going to buy big, expensive trucks just to tool around town and drive back and forth to work unless they really need it to pull something heavy.
What makes you think that people only buy what they need? Cars (and trucks) are aspirational to many people. A symbol that they have arrived (they can finally afford a new Cadillac).
C'mon. Who needs a 50" plasma TV? 120 cable channels?
To others, it is all about image.
The rise in gas prices was just a little too fast for people to adjust their budgets. If prices stay about the same for 2-3 years, the old habits will start coming back.
Ford's problem with diesels is that they let GM and DCX catch up. Dare I say maybe even pass Ford?
Obviously, people don't only buy what they need, but with diesel fuel prices running higher then gas for the last two years, and with the price spread greatly increasing lately, it makes anyone but the wealthy think about it before they buy it. Only a fool would willingly pay $0.60 to $0.80 more a gallon for fuel if it isn't needed, unless money isn't an object.
Am I saying you are a fool if you are a working man and you drive a diesel truck and never pull anything? No, not if you already had the truck, but yes, if you bought it at today's prices just because you like the macho image, or whatever turns you on. That doesn't mean I'm right, but it is my opinion!
I went from a gas F350 to a diesel F250 because I have handicap kids who have power wheel chairs and they are heavy and from what I see so far the diesel is giving me better mileage. I also have a small ranch so I get my use of the truck.
I got 10-12 city and 14-16 hiway with the gas I hope to do a little better with the diesel will I, only time will tell. I hope so but I see where it is a crap shoot with a few getting good mileage and others only getting 14 or so. Will it make a difference you bet when I fill the tank otherwise no as I have a crew cab now and the family fits in it better than the super cab I had. Did I loose cargo carrying capacity nope so all I did was to get a newer super duty with more room for the family.
From my stand point that is a winning situation.