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Old 06-28-2005, 02:42 AM   #1 (permalink)
 
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Who here will buy or sell GTO when gas prices get to $3 gallon

Been reading some stuff in the news that gas prices might get to $3 gallon. For those of you on this forum wanting to get a GTO, who is going to wait till they get so high in gas prices that people will sell them low? And, how drastic would it be for GTO prices if gas prices got that high? Also, for any present of future GTO owner, is the future gas prices going to affect whether you keep your car or not? Appreciate any input.

Last edited by h777 : 06-28-2005 at 02:56 AM.
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Old 06-28-2005, 03:07 AM   #2 (permalink)
 
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Well for me the Goat gets better gas mileage than my daily driver. My Sierra gets 14 - 15 mpg, so for me doesn't change much at all. Just means fewer joy rides I guess. I won't be getting rid of either one. Maybe I'll start commuting on my 4 wheeler!!!
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Old 06-28-2005, 07:13 AM   #3 (permalink)
 
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The GTO is in alot better shape than the Mustang and the Charger, even with DOD the Charger only gets around 24mpg and that is with the 5.7. My question is who the hell buy's a muscle car for the gas milage?
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Old 06-28-2005, 08:02 AM   #4 (permalink)
 
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Originally Posted by Braman'sGTO
My question is who the hell buy's a muscle car for the gas milage?
I think that's the key. With Pontiac learning their lesson with the 04, they are not going to put themselves in the position to have excess inventory. Thus, don't count on bigger incentives.

Plus Gray-Goat is right. The GTO gets good gas mileage relative to other vehicles on the road. If you keep your foot out of it and stop playing tunes on the great sounding exhaust, it gets very good gas mileage. I have two Volvos and a Yukon XL. The Yukon gets 19 on the highway, the Volvos 24, and the GTO 26+!
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Old 06-28-2005, 09:38 AM   #5 (permalink)
 
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If gas prices get too high I will just put a lawnmower engine in and get 50mpg.
Be serious this is high performance not economy. Who buys a car with a 6liter engine thinking that it will be economical? This has to be the worst thread ever started.
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Old 06-28-2005, 09:40 AM   #6 (permalink)
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Be serious this is high performance not economy. Who buys a car with a 6liter engine thinking that it will be economical? This has to be the worst thread ever started.
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Old 06-28-2005, 11:25 AM   #7 (permalink)
 
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I just got 25 mpg average in a 400 mile trip in my Z06. The GTO gets about 24+/- mpg for the same trip. You'll never see me in a Prius!
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Old 06-28-2005, 11:32 AM   #8 (permalink)
 
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I just got 25 mpg average in a 400 mile trip in my Z06. The GTO gets about 24+/- mpg for the same trip. You'll never see me in a Prius!

This car rocks on the highway great milage and fun.
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Old 06-28-2005, 11:47 AM   #9 (permalink)
 
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I must admit that gas pricies are starting to be an issue with me. When I bought the GTO, I was working 70 high-speed miles from home, and averaged ~22mpg. This new job, which is 115 miles from home, has a higher climb both in and out of work and some traffic issues in the last 25 miles or so... thus knocking my average mileage to 19.5mpg.

Dropping $31 per day on gas alone (at todays prices) has started to annoy me.

I've analyzed the situation using what fuel costs now......getting only 7-8 more mpg would save me ~$10/day. That's nearly $2400/year-- a not insubstantial chunk of change! My short term "solution" is to break up the commute a bit...later this year I plan on buying a used motorcycle, probably a Triumph Trophy / Sprint ST or possibly a BMW R1100RT. This will help, but let's face it...it's mainly for maintaining sanity and having a bit of fun rather than for reasons of frugality. In the winter it's not even an option.

I have a strong feeling that late next year, (at which time the GTO will have ~120k on the odo) I'll be (sadly) swapping the Holden in for a more frugal bit of freeway fun, like a VW GTI, Honda Civic Si, Acura RSX-S, or MINI Cooper S.
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Old 06-28-2005, 12:32 PM   #10 (permalink)
 
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Filled up last night for 41 bucks. Was thinking what a drag that was -- remembering that when premium was 99 cents the tab would have been 16 -- until realizing that gas over in Australia goes for around a buck and a half a liter -- which is roughly $6 a gallon. In the UK, the price is closer to $2 liter.

That said, gas will be $3 a gallon in California within a month or two. As long as crude's a $60 a barrel. I'm getting around 20 mpg city/hwy combo driving -- and that is mind-blowing for a car of this potential. My friends with their puny 6-banger BMWs and Benzes aren't even getting that.

About the only thing we can do is be smart about consumption. Combine trips. Drive smoothly. And hope the Chinese don't buy Unocal so they can suck Alaska dry.

In reality, though, prices will come back down. Might take a year or two, but the Canadians are able to extract a barrel of oil from the Athabasca sands for around $18 now -- and they have more reserves than the Saudis. There are PLENTY of hydrocarbons around -- the problem is the Wall Street geeks are speculating on everything -- just like Nelson Bunker Hunt was able to drive silver from $5 an ounce to $50 an ounce back in the '70s.

In the meantime, maybe Bush will decide to invade Alberta because Condi Rice has evidence that evil Canadians are working on WMDs based on a combination of empty Molson cans, bacon fat, maple syrup, duct tape, and beavers.
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