Will You Buy A New Car Now that Gasoline Prices are High?!

Philippines
June 12, 2008 10:06pm CST
I am just curious if people will still be willing or are still thinking of buying a new car despite the rise of Gasoline|Crude Oil Prices. My friends and I were having a talk and we all don't think it's ideal to buy a car nowadays since the gasoline cost will definitely drain your pocket. How about you? Would you buy a car now despite the tremendous rise of gasoline prices?
2 people like this
8 responses
@chechuva (1276)
• Philippines
13 Jun 08
it's been our main topic now about buying car in our family. we're still debating if we're going to buy or not. my mom, since she is the one budgeting our money, opposed in buying a car because of the high price of gasoline/crude. but my father said, it is more economical since we travel together. it will also tantamount to our everyday fare. i actually think, my father have his point!
1 person likes this
• Philippines
13 Jun 08
i think if you travel a lot in groups, you can actually save money if you have your own car as compared to commuting (fares are high now as well.) So i guess, it's a case to case basis. On your part, it really requires a lot of deliberation to weigh the advantages and disadvantages of actually purchasing a new car.
@snoopy88 (452)
• Australia
13 Jun 08
Here in Australia, people suggest car pulling. This means giving people a lift at a price (i think) but yeah that's the concept we are having. Also here the government is encouraging to take public transport to reduce traffic jam and pollution. They encourage this by making 3 bus lanes in a 4 lanes road. This idea is not that good i think because public buses here are so unreliable not always on time. I think it will be quite a while before I get myself a new car. Hopefully by then, most new cars will have engine of some sort that save fuel.
1 person likes this
• Philippines
13 Jun 08
you have nice point here! Public transportation is not always reliable. Thanks for pointing that out! I remember how I got late for a meet up because I preferred to commute! S*cks!
@youdontsay (3503)
• United States
13 Jun 08
Actually, I'm more motivated to get a new car, one with better gas mileage, maybe even a hybrid. So, yes, I'm thinking of buying a new car next year after I've saved a bit more money. I'd appreciate suggestions. I want American made, low mpg, large enough to hold an electric mobility scooter. I've looked at Saturn's Vue. But it seems too big to have good gas mileage, even if I get a hybrid. Surely there is something a bit smaller with better mpg. What do you think?
• Philippines
13 Jun 08
i am not really good when it comes to cars. But if you do buy one, you should do a research first, and am wishing you goodluck on buying the right car!
• Philippines
13 Jun 08
We have a car and we are planning to not use it as often as we used to. It seems that using the car is more expensive than taking a cab or something. As what you have said...it will really drain your pocket. ;)
1 person likes this
• Philippines
13 Jun 08
Thanks for the comment Chubzlife. We don't use our car that often nowadays as well. We prefer to commute. We were thinking of buying a new car but we changed our minds because of the prices of gasoline. Perhaps we will just buy a bicycle instead..lol:)
@sweetlady10 (3619)
• United States
14 Jun 08
Actually we are thinking of buying a good car like Toyota Priyas, which gives a gas millage of 46 mile per gallon and its a hybrid car. But it will take a little time for us. Now we are driving a Toyota Camry. Personally I would like to use more public transport, but the public transport system in our city is not good. Buses don't go through all major rout. So, mostly we have to use our own car.
• Philippines
15 Jun 08
thanks sweetlady! that's really the bad thing about public utility vehicles, they won't get you to all places you want and they are not to be relied upon especially when you have important trips.
@Neo_Knights (1887)
• Indonesia
14 Jun 08
Well, I'm one of the green-guys. I don't really mind buying new car despite the rise of oil prices. But surely I will buy the most fuel-efficient car.. And recently I watched my TV and saw a great news that a local guy has invented a hydrogen fuel from water and some chemical.. Well it will not run 100% normal car machine. We still need oil based fuel, but from the hydrogen the fuel-efficiency is raised to 80%. Nice invention indeed
• Malaysia
14 Jun 08
If i were old enough or got my license, i'll buy a low Fuel Consumption car and convert it into Natural Gas Vehicle which is very cheap and abundant in my country.(about 0.20$) So with that, i'll have no worries about gas ever again. :)
@stephcjh (32328)
• United States
13 Jun 08
I definitely will not be buying a new car. I do not want that car payment every month. We just recently got our car and truck paid off and I don't want anymore debts like that for one. I work at home and my husband now works close to home also. We don't have to spend alot for gas now, thank God. We work seven days per week now just to make it though since he had to take a pay cut when he lost his other job last September.
• United States
13 Jun 08
I probably will buy a new/used car within the next year as mine has 163,000 miles on it and I need to downsize a bit anyway. I will definately be shopping for a hybrid. Earlier this year I was sure the hybrid would be a small suv but now I am rethinking the situation and am considering a small sedan. Gas prices seem to be soaring by the minute. I was in Reno, Nevada this morning and got gas before I headed home and I paid $4.11 per gallon. When I got home (I live about 100 miles away) I see the gas is $4.52 per gallon! Sure glad I filled er up!