In a lot of cases, it appears, people bought more than they could afford, and are now trading in/losing vehicles. Call me unsympathetic, though, but if you bought a $40K SUV and can't handle the relative-to-price small increase in gas payments, you were way over your head anyway.
Yeah, I agree with the experts who've said that this is the way to "ease people into" the idea of oil running out; hopefully, this crunch will force some real progress on the non-fossil fuel front, because we're gonna need it. Things would (I hope not "will") get really ugly if nothing changed and the needle hit "zero" on the supply.
I'm willing to buy new again just to get a hybrid Camry (the car in my icon is ours, 14 months old, regular 4-cyl Camry, 35 mpg).
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Date: 2005-08-31 02:51 pm (UTC)Yeah, I agree with the experts who've said that this is the way to "ease people into" the idea of oil running out; hopefully, this crunch will force some real progress on the non-fossil fuel front, because we're gonna need it. Things would (I hope not "will") get really ugly if nothing changed and the needle hit "zero" on the supply.
I'm willing to buy new again just to get a hybrid Camry (the car in my icon is ours, 14 months old, regular 4-cyl Camry, 35 mpg).