The latest predictions are that gas will be $3.75 to $4.00 a gallon by the summer traveling season in 6 or 7 months. I think the predictions are fairly accurate and will come to be.

What does this mean to you? Well....

1) It will cost current Excursion owners $176 to fill their tanks.

and

2) Excursion shoppers will find the best deals ever imaginable on nice used Excursions. There will be very few people forking out $18,000 to $25,000 for a vehicle that gets such poor mileage.

As an Excursion owner, how will $4.00 a gallon prices affect yout driving habits and patterns?

 

I hate to say this, but i will never get rid of this truck no matter how much gas is! Even when it is $4.00, i wont change my driving habit's (flooring it to hear her rev) Thats where the v-10 likes to be. Not allowing the v-10 to rev is like takin candy from a kid

In a way that is a good thing cause the price of a ex is going to go down. That means i can have to excursions (a v-10 and a 7.3, the two greatest engines ford created)

But in all honesty ill still drive and take the hit while the prices rise. It will suck though while everyone else is suffering while these ceo's are becoming rich. Didnt they say that fuel prices where sapose to be like this last summer?

What is everyone else going to do on this forum?

 

that's why I'm glad I just dumped my V-10 for a nice 7.3. On the flipside, V-10 prices will continue to plunge, so maybe I can pick up another cheap one next year. Either way, you're going to pay a premium to drive such a large vehucle, but IMO it's worth it regardless of the engine and efficiency.

 

gas is cheap
new trucks are expensive.

 

I don't believe there is as much of a correlation between gas prices and vehicle ownership as you guys seem to think. Do you really think that when gas prices hit $4 per gal you will quit seeing larger trucks/SUV's, etc. I don't think so.

There is a price point (as a sociaty, because it is different for everyone) that we will change our habits. I understand (from numerouse different reports and estimates I have heard/read) that it is about $5 per gal.

Will the gas price changes make me sell my Ex? NO.
Will I change my habits due to the price of gas? Probably.
Have I already changed my habits due to the price of gas? Yes.

Michael

 

Yeah, but the price of diesel is going up also.



I'm driving the X less and my wife and I are car pooling to work (we work w/in 7 miles of each other and we both commute 30+ miles each way), it means we have to leave a bit earlier, but it's saving us.

If gas continues rising - I'll buy some old 4-banger just to drive back and forth to work. We'll probably still take the X on the weekend for out and about stuff just purely for the space and comfort.

And then there will be vacation - even with the higher price of gas, we'll take the TT. In the long run, we save on hotel/condo fees, food and it's just more enjoyable. We've already planned on a 'closer to home trip', which means Myrtle Beach (I hate the place, but it's only ~240 miles). Normally we go to FL (600+ miles eachway).

Finally - we'll just have to wait and see. We've all heard the "prices will hit record highs during [insert time period or holiday here]" and when it actually hits, it's not as bad as predicted. The media and 'financial forecasters' will over hype stuff for the attention (read ratings) because no one holds them accountable for what they say.

 

I saw diesel for $3.48 yesterday......

 

U are right, u will still see suv's driving around, the utimatley, the price of a gas guzzler suv like the ex or the 8.1l burb will go down. How bad do u think the resale value will be? It wont be as bad, if those $4-$5 gass prices dont stay their long.

 

A lot depends on what happens in iran. If that settles downa nd we figure out what the crap were relaly doing over in iraq gas prices should come back down into the mid 2's or lower. If iran turns ugly, hold on for 5-7 a gallon, if we dont start getting limited.

 

Gas prices have fluctuated wildly in the past few years. What annoys me is that gas has just about doubled in price from 5 years ago.

The price of SUVs and such will go down, as they already have. The resale value of cars that get good gas mileage (just look at the Prius) is very high. By comparison, these SUVs have terrible resale value. I have seen prices go up some in the past year, but overall, anything that is a gas guzzler has plummeted in value. When I was looking at cars to buy a bit over a year ago, prices were rock bottom. I got an amazing deal on my '97 Range Rover, and then I also got an amazing deal on my Excursion, but I think that was just luck and being in the right place at the right time. Looking at the higher end gas guzzlers, rock bottom prices were at the end of summer '06, and have since gone up a hair.

As for me: I drive what I drive because I need it, and not because I want it. Ultimately, I paid $6650 for my Excursion when I bought it. For comparison, good luck getting a 2000 Town Car with 91k miles for that price. That is really what you're looking at in terms of trim similarities. Plus, then I have a sedan that, while it gets better gas mileage, doesn't seat 8 people, I can't easily put my dog in, and definitely can't tow large trailers, cars, etc.

I have an "economy" car, my Jag, which gets 25 mpg on the highway. When I don't need the space of the Excursion (and there's no salt on the road), that is what I drive. It does save me money on fuel, but I drive it because it's a lot of fun.

I considered getting a third car - a sedan of some sort that gets good mileage. I haven't because of two reasons. First off, I hate the way most small sedans drive (certainly most in the price range), and large sedans don't get that much better fuel economy (and I don't like the way most of them drive, either). Secondly, the economics simply do not make sense. Let's say I pay $5000 for a used car. Well, then I'm probably paying $500/year for it in insurance since I get full coverage, and another $1000/year in mainteannce. Then it is depreciating as I drive it. Realistically, that means it needs to save me $2000/year in gas costs for me to break even. Even as much as I drive, I doubt I would. On top of that, then that just means I have to spend the time on maintaining another car, I have to clean it, etc. etc.

I keep the Jag because it's a toy. I keep the Excursion because it's a toy/work vehicle. It really doesn't make sense to own any more vehicles than you have to. Consolidating how many vehicles you own will save you a lot more money than gas.

Besides, if you REALLY want to spend a lot of money on gas, buy an airplane.

 

or buy a f-650!

 

Oh and i forgot to metion i have a 99 camaro SS that get 30-32 miles a gallon on the highway with over 300HP through the 6 speed trans. I was driving it all summer to save on gas $ and i wanted a sports car and i love the F-Bodies. Probelm is now im slapping a supercharger on it witha bigger forged motor so im not sure what kind of mileage ill get driving it. The 3 speed automatic with a high stall converter isnt gonna help either! I think the X will be put into storage during the summer and my camaro and 96 Impala SS will go into daily driver mode. I hate to do that as the impala has very low mileage and id like to keep it that way, and the camaro is gonna be downright expensive to maintain and continue to mod.

I have a bad addiction to my toys and these gas prices are not helping me! lol At least my new wifey wants a "small round car possibly a convertible" i think I'm gonna have to hijack that thing as often as possible lol.

 

I'm going to get a smaller car for use as my daily driver. $4 gas is going to have an effect far beyond what it costs to fill up, by the way. This is really bad news, if it comes to pass. The silver lining is that this should accelerate the production of more fuel efficient vehicles.

 

I am keeping both of my Excursions. I will not sell them even thought gas prices are threw the roof. I love them to much,
Nick

 

Hi Guys

Woo Whoo!! I win, I win, I win, I win, gas is $8.20 a gallon here or $360 for a dry tank

Regards

Dereck