Glass's: Falling Fuel Prices Mean Return Of Big Gas Guzzlers
As the price at the pump continues to plummet — diesel not so much — British valuation guide Glass’s predicts big gas guzzlers new and used will return to the motorway.
According to Just-Auto, Glass’s valuation chief Rupert Pontin says that despite such vehicles with 3-liter+ engines falling out of favor in the United Kingdom since austerity took hold five years ago, falling oil prices could soon motivate consumers into ditching their Ford Fiestas for BMW 335i Sedans:
While no-one could call petrol and diesel prices exactly cheap, they are certainly falling to a level where some consumers won’t place fuel economy as high on their list of priorities as we have seen in recent years. Bigger engined cars are suddenly more viable.
Pontin adds that while this makes for a wonderful few years for bigger-engined vehicles, the environment could take a hit for the duration due to increased emissions from said vehicles.
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Finally, now I can go buy that 1977 Lincoln Continental Town Coupe!
By the time they even get a guzzler designed, gas will be back to $4 a gallon. John
Cheap gas doesn't motivate me to buy something thirstier than my 540i, but it does motivate me to drive around for the fun of it. This eventually drives up demand.
I'm loving the low gas prices even though I just bought a 4 cylinder. I'm expecting to save 20% on fuel compared to having my 528i, plus another 45% or so compared to last year (I hope). That is $1300 combined :). With the added reliability, I calculate I may just get a 10% increase in my take home cash this year!