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If your car gets 30 miles per gallon, do you mind paying $3 a gallon for gas?
If you car payment is 100 dollars a month, almost paid off, would you mind paying $5 a gallon, to commute to work?
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Yes, I would mind. I was paying nearly that much last year in the Chicago metro area. My car has a high compression engine that requires super unleaded fuel. Last year it hit $4.89 near work. My car gets 19 mpg according to the computer, and has a 17 gallon tank. $70+ fill-ups suck. At one point, I was commuting EXACTLY 40 miles to work one way. $20 to just get to work everyday, 6 days a week=$120. 4 weeks a month=$480. To use your $100 a month car payment - $580 a month just to drive to and from work in a month? No thanks.
Granted, I bought the car when I was making double what I make today and could easily afford the fuel, payments, and insurance. Changes in the income stream made me re-evaluate those decisions.
I'm to the point now I'll NEVER do another payment plan. I have better uses for that money, including saving enough to pay for a decent used vehicle outright.
Granted, I bought the car when I was making double what I make today and could easily afford the fuel, payments, and insurance. Changes in the income stream made me re-evaluate those decisions.
I'm to the point now I'll NEVER do another payment plan. I have better uses for that money, including saving enough to pay for a decent used vehicle outright.
| Asker's rating: |
Do I personally mind? Absolutely-- I live on a tight budget and every dollar counts. However, I also believe that they way we drive is a contributing factor to climate changes, and that rising gas prices can change behavior in fundamental ways...so I think higher gas prices will ultimately be a good thing.
I wouldnt mind paying 3$ a gallon for gas since that is only 10 cents per mile, and i would pay ten cents not to walk a mile. And i dont know how far you commute to get to work but, i think i would pay 5$ if the commute took between 5-40 miles to get to work.
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voted unhelpful: xds
Not as much as if I drove a gas-guzzler!
My husband and I (who have ALWAYS been fuel-conscious) just bought a used Scion XA that gets about 35 MPG, and boy it really takes the sting out of going to the gas pump with the price increases don't hit you so hard. Everyone else at the gas pump looks sweaty and constipated when prices get high, but not us! It actually feels kind of nice - like a pat on the head from Karma, saying "Thank you for thinking of the earth, here - have a little bit of extra money."
With a fuel-efficient car, the gas hikes might just mean I eat out one or two fewer times per month. Maybe I don't buy that extra Green Tea Latte at Borders. And I can feel good about my car decision the whole time.
My husband and I (who have ALWAYS been fuel-conscious) just bought a used Scion XA that gets about 35 MPG, and boy it really takes the sting out of going to the gas pump with the price increases don't hit you so hard. Everyone else at the gas pump looks sweaty and constipated when prices get high, but not us! It actually feels kind of nice - like a pat on the head from Karma, saying "Thank you for thinking of the earth, here - have a little bit of extra money."
With a fuel-efficient car, the gas hikes might just mean I eat out one or two fewer times per month. Maybe I don't buy that extra Green Tea Latte at Borders. And I can feel good about my car decision the whole time.
I don't really think it matters how many MPG your car is capable of; $3/gallon is a relative price based on what you're used to paying. Last year when gas was close to $5/gallon in some places, $3 seemed like a mighty fine bargain. Ask someone a month ago whether they would pay $3/gallon and they would think you're crazy because gas was below $2/gallon. So the answer is, like many answers, 'it depends'.
Yes, I mind. My 1995 Honda Civic gets ~35mpg on average. In bad weeks (stop-and-go traffic) it's closer to 32. On long trips it's a hair under 40.
I remember complaining when all the gas stations where changing their signs to add a dollar sign symbol and a "1".
The petroleum companies do a terrible job of explaining to the consumer why gas prices are rising.
Do we have a better product? No...it stinks in the winter, and my mileage gets worse.
Do we have an environmentally cleaner product? Doubt it...gas is gas.
Safer transport? Less spills? No idea.
Inflation? Sure...but I pay less for internet service now than 20 years ago. Now: $17/mo for 768kbps DSL. Then: $20/month for 14.4kbps dialup. Why does gas need to go higher?
My wife's SUV will get hit harder with the increased cost. But that's not the only reason to care about higher gas prices.
Food prices go up. Delivery (FedEx, UPS, et al.) goes up. Plane fare goes up.
Funny...I never got a price reduction from UPS or FedEx when the gas prices went down again.
I remember complaining when all the gas stations where changing their signs to add a dollar sign symbol and a "1".
The petroleum companies do a terrible job of explaining to the consumer why gas prices are rising.
Do we have a better product? No...it stinks in the winter, and my mileage gets worse.
Do we have an environmentally cleaner product? Doubt it...gas is gas.
Safer transport? Less spills? No idea.
Inflation? Sure...but I pay less for internet service now than 20 years ago. Now: $17/mo for 768kbps DSL. Then: $20/month for 14.4kbps dialup. Why does gas need to go higher?
My wife's SUV will get hit harder with the increased cost. But that's not the only reason to care about higher gas prices.
Food prices go up. Delivery (FedEx, UPS, et al.) goes up. Plane fare goes up.
Funny...I never got a price reduction from UPS or FedEx when the gas prices went down again.
If your paying less for internet now, why shouldn't you also be paying less for a higher quality vehicle?
Yes, why not?
your stil paying more for your Gas. imagine paying 15dollars to fill up then all the sudden you have to pay 25dollars. thats still 10 extra dollars that could have been spend elsewhere.
Besides with Gas going up everything else can go up with it. Imagen a cool 20z drink now costing 2.00dollars to upset the cost of transport! high gas prices affect us all in one way or another. Gas affects our politics, climate, economi and so much more in a way we can fully greasp.
your stil paying more for your Gas. imagine paying 15dollars to fill up then all the sudden you have to pay 25dollars. thats still 10 extra dollars that could have been spend elsewhere.
Besides with Gas going up everything else can go up with it. Imagen a cool 20z drink now costing 2.00dollars to upset the cost of transport! high gas prices affect us all in one way or another. Gas affects our politics, climate, economi and so much more in a way we can fully greasp.
voted helpful: xds
If your vehicle has a 20 gallon tank, paying $3 a gallon verse $5 is significant, 60 verses 100 dollars.
Gas consumption dropped by millions of gallons a day, as consumers reduced driving. Millions of people abandoned their vehicles, unable to pay the high gas and payments of their vehicle. Used car sales rose and repair shops overflowed.
Gas consumption dropped by millions of gallons a day, as consumers reduced driving. Millions of people abandoned their vehicles, unable to pay the high gas and payments of their vehicle. Used car sales rose and repair shops overflowed.
My car gets 30 miles per gallon and it bugs the HECK out of me!
I get 34 and I wish i could still fill up for 15 bucks (10 gallon tank). Now i pay 30, which still is cheaper than when i had my ford explorer. So relatively i dont mind at all.
I am college student, so $3 per gallon is alot even if my car gets 30 gallons per tank.
yes i mind!
"waste not want not"
"waste not want not"
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After I had signed the papers and for the first fuel up, saw the "Premium Unleaded Fuel only" sticker - I wasn't too happy, but was also immediately upside down in equity. I chose to honor what I committed to, and up until the first accident I had with the vehicle, I was confident I made the right decision.
I say first accident, because there were two more. Once you start facing "$500+ deductible" versus "make car payment"...you get a new view on the whole process.
I'd rather drive a fully paid for vehicle, and insure it for what I need...and not "You MUST carry this coverage until the note is fully satisfied...even though the car is now worth $xxxx and we'll only give you Actual Replacement Value now."