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GasBuddy News Article


Incentives luring buyers back to pickups, SUVs
Wednesday, October 15, 2008
msnbc -- Is history repeating itself in the automobile industry? The latest data on vehicle sales suggest that it might be.

Auto sales hit the skids in September, sinking to their lowest level in more than 15 years, as the faltering economy and credit crunch combined to squeeze the business. But amid the carnage, sales of large pickup trucks and sport utility vehicles held their own, according to Edmunds.com.

Yes, you read that correctly: trucks and SUVs, the very same gas-swigging monsters that Americans have stampeded away from this year as gasoline prices rose to record levels.


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JT
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Message Posted: 10/15/2008 10:57:30 AM  Ignore JT Report Abuse
Wednesday, October 15, 2008
msnbc -- Is history repeating itself in the automobile industry? The latest data on vehicle sales suggest that it might be.

Auto sales hit the skids in September, sinking to their lowest level in more than 15 years, as the faltering economy and credit crunch combined to squeeze the business. But amid the carnage, sales of large pickup trucks and sport utility vehicles held their own, according to Edmunds.com.

Yes, you read that correctly: trucks and SUVs, the very same gas-swigging monsters that Americans have stampeded away from this year as gasoline prices rose to record levels.

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REPLIES (newest first)
RLGL123
Sophomore Author
New York

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Message Posted: 11/11/2008 1:25:52 AM  Ignore RLGL123 Report Abuse
Do you think the George W Oil friends are freaking since he's leaving office and Obama is taking over. Not a cowboy boot kind of guy.
dmina425
Rookie Author
Georgia

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Message Posted: 10/22/2008 7:17:10 PM  Ignore dmina425 Report Abuse
Oil companies want us to think we're doing ok now...watch out for the rope-a-dope...
STEVE853
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Florida

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Message Posted: 10/22/2008 6:29:30 PM  Ignore STEVE853 Report Abuse
Old News!!!!!!!!
ramfreak2003
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Houston

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Message Posted: 10/22/2008 5:17:09 PM  Ignore ramfreak2003 Report Abuse
Id never go back from owning a truck. Cars are worthless. Unless its a Bad Ass Muscle Car.
STEVE853
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Florida

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Message Posted: 10/18/2008 9:10:47 AM  Ignore STEVE853 Report Abuse
Buy American made cars & trucks.
trucker090
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Cleveland

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Message Posted: 10/18/2008 8:16:01 AM  Ignore trucker090 Report Abuse
Its a false sence of security. The prices will rise again and they will be in the same bind they were before.
magnumCA
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Los Angeles

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Message Posted: 10/17/2008 8:27:51 PM  Ignore magnumCA Report Abuse
ok
GeoTheo
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Georgia

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Message Posted: 10/17/2008 7:35:08 PM  Ignore GeoTheo Report Abuse
Pickups meet a specific need incentives alone will not validate the fuel inefficiency especially after the wounds received over the past year.
91Acclaim
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Maryland

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Message Posted: 10/16/2008 12:58:33 PM  Ignore 91Acclaim Report Abuse
Gasoline is a constant expense that grabs our collective attention.
If I considered a pickup or SUV, dealer incentives would be one factor I'd use.
Insurance, routine maintenance, average repairs, resale value are tangible points of comparison.
Comfort, safety, convenience, necessity are intangible points of comparison.
Yes, gasoline price is important (and STILL too high), but not the overriding cost to the exclusion of all other factors.
trucker090
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Cleveland

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Message Posted: 10/16/2008 12:24:45 PM  Ignore trucker090 Report Abuse
They will never get all the drivers back.. Maybe 5% at most. People are to smart.
hank1326
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Los Angeles

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Message Posted: 10/16/2008 12:16:54 PM  Ignore hank1326 Report Abuse
Great point by hawkmom81. Its all about practical and real needs.
HAWKMOM81
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Maryland

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Message Posted: 10/16/2008 12:08:41 PM  Ignore HAWKMOM81 Report Abuse
Amen to ljwp53. If you don't need it don't buy it.
ljwp53
Rookie Author
Boston

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Message Posted: 10/16/2008 11:48:15 AM  Ignore ljwp53 Report Abuse
I totally understand Hawkmom81’s need for the type of vehicle she drives for her family's needs. I had a Jeep Grand Cherokee that was well used for the same purpose until it needed a new transmission that I simply couldn’t afford and I had to let it go, replacing it with a Taurus Sedan. Did I suffer from space shock! There’s not a day that goes by that I don’t long for my Jeep. It was a functional and yes fun car, albeit a gas-guzzler. My present car isn’t much better as far as mpg.

My concern in my previous post was that people may be lulled into a false sense of security as the gas prices at the tanks fall and run right out to buy the bigger vehicles out of “desire” rather than “necessity” with the crisis we’re facing in today’s economy.
hank1326
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Los Angeles

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Message Posted: 10/16/2008 11:26:32 AM  Ignore hank1326 Report Abuse
Great discussions. Hope the automakers are paying attention to this!!
C4U
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Salt Lake City

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Message Posted: 10/16/2008 11:19:53 AM  Ignore C4U Report Abuse
Great for a second vehicle but for an everyday commuter I will stick with my hybrid
MajorSteve
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Oklahoma City

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Message Posted: 10/16/2008 11:10:27 AM  Ignore MajorSteve Report Abuse
Perhaps a balance of efficient vehicles and an SUV/truck when required by the family or business unit.
HAWKMOM81
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Maryland

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Message Posted: 10/16/2008 11:05:35 AM  Ignore HAWKMOM81 Report Abuse
As I will say again my mini van gets almost the same mileage as my truck where is the savings we need to get a safe family vehicle that gets good gas mileage. I need the space to carry my kids and their stuff. Don't be too quick to judge what kind of vehicle other people need just because when you see them speeding down the highway with no one in the vehicle but them maybe they can only afford one vehicle and the SUV / truck /mini van serves multiple uses.

Today my mini-van is loaded down with 3 coolers of gatorade and a dolly to carry them on when I get to the High School for the pasta party for the football team. Couldn't have gotten everything in a small car no way. I would have taken the 4 x 4 truck but I am trying to save some gas. My husband needs it to get the other son and his friends to practice tonight.
ljwp53
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Boston

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Message Posted: 10/16/2008 11:03:22 AM  Ignore ljwp53 Report Abuse
Considering all the other financial burdens facing us, why would we knowingly put ourselves into vehicles that historically require larger amounts of gas? With todays economic climate, it appears the majority of us will have more significant places to put the money that we’d spend on filling the larger tanks of SUV’s and trucks.
mrgots2000
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New York

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Message Posted: 10/16/2008 10:52:53 AM  Ignore mrgots2000 Report Abuse
and now they(auto manufacturers) are asking for handouts(25billion for top 3 auto already) from the Federal government, so you just keep on buying those SUVs, you're paying for those incentives anyway (correction, we are all paying for those incentives)

need an SUV, buy a used one, it's time to tell Detroit we need more fuel efficient vehicles, if they wont build them, let them go the way of the dinosaur.

Don't buy New SUVs, buying new ones will just encourage Detroit to continue to supply us the drugs we're addicted to.

BUY use if you need one.

Toyota has promised to fit their Synergy Hybrid Technology on all their vehicles within 10 years, toyota is a auto manufacturer that knows what the consumer needs. Take heed Detroit, ADAPT or DIE!!!!!



[Edited by: mrgots2000 at 10/16/2008 10:56:19 AM EST]
fairchildd
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Kansas City

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Message Posted: 10/16/2008 10:48:47 AM  Ignore fairchildd Report Abuse
some people never learn
ramshot412
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Riverside

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Message Posted: 10/16/2008 10:48:36 AM  Ignore ramshot412 Report Abuse
"Take heed Detroit, ADAPT or DIE!!!!!"
KrazyDawg
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California

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Message Posted: 10/16/2008 10:47:15 AM  Ignore KrazyDawg Report Abuse
I wouldn't take it if it was free. It's just a paper weight.
Lizzylou
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Stockton

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Message Posted: 10/16/2008 10:46:45 AM  Ignore Lizzylou Report Abuse
I don't know if the "incentives" are even working?? This is the first year in a long time that I have seen so few new autos on the road.
Jacks45
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Michigan

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Message Posted: 10/16/2008 10:46:22 AM  Ignore Jacks45 Report Abuse
people just love them big trucks and cars no matter what it cost.
The_WaTchR
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Georgia

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Message Posted: 10/16/2008 10:44:27 AM  Ignore The_WaTchR Report Abuse
I have the incentive but, I just don't have the money.
gordonfan05
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Illinois

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Message Posted: 10/16/2008 10:42:08 AM  Ignore gordonfan05 Report Abuse
Toyota made huge profits on small cars and small trucks. They just recently got into big trucksto get into bigger margins and got burned.Its their only mistake but they never got away from smaller vehicles. Ditto Honda.
NavyEOD
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Los Angeles

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Message Posted: 10/16/2008 10:37:43 AM  Ignore NavyEOD Report Abuse
Only if it's a Hybrid.
hank1326
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Los Angeles

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Message Posted: 10/16/2008 10:37:32 AM  Ignore hank1326 Report Abuse
We should receive incentives (such as lower registration fees, toll charges)if you buy a car with energy efficient vehicles. I was in Japan for three years, they have a K-Car class for vehicles with less than 500 cc engine displacement. These K-cars pay half of annual registration fees, insurance and toll charges.
hank1326
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Los Angeles

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Message Posted: 10/16/2008 10:32:33 AM  Ignore hank1326 Report Abuse
Ditto to ElCap. We need much more energy efficient vehicles options and Detroit needs to get the message now.
ElCap
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El Paso

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Message Posted: 10/16/2008 10:31:05 AM  Ignore ElCap Report Abuse
Stupid consumers! We will be back in the same dilemma with high prices again. We are all going to end up buying foreign cars again as the big 3 refuse to build economical cars.
AnObserver
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New Jersey

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Message Posted: 10/16/2008 10:29:52 AM  Ignore AnObserver Report Abuse
We must get away from inefficient uses of energy like large pickup trucks and SUVs if we are to achieve energy independentness
w4kh
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Riverside

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Message Posted: 10/16/2008 10:29:28 AM  Ignore w4kh Report Abuse
The ADDICTION to oil persists in making people act against their own long-term benefit... Granted, there are some who need a pickup truck for work, but the 4x4 crew cab guys who blow by me at 80 commuting in a spotless truck that has NEVER seen mud, probably can spell "need" let alone give you solid reasons for owning the monster.

I have seen too much resumption of older habits now that the price is down, and it is guaranteed that these monster gas-guzzler drivers will be the first and loudest howls when the price goes back up, as it surely will if we ALL do not change our habits...
hank1326
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Los Angeles

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Message Posted: 10/16/2008 10:29:26 AM  Ignore hank1326 Report Abuse
Ditto to mrgots2000. SUVs are just a big waste of gas and they are dangerous. Most of SUVs are not carrying passengers nor cargo when they are on the road.
FastAndy
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Indianapolis

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Message Posted: 10/16/2008 10:27:19 AM  Ignore FastAndy Report Abuse
The dumb auto companies that refuse to build the cars we want, hope they can find enough dumb people with short memories to entice into buying their junk.
GaryG7
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New Jersey

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Message Posted: 10/16/2008 10:27:02 AM  Ignore GaryG7 Report Abuse
The buyers will probably be the first people to complain when prices go up.
tigeriz
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Maine

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Message Posted: 10/16/2008 10:26:50 AM  Ignore tigeriz Report Abuse
In this day and age, the only ones who truly need the pickups are indutrial companies for business needs. SUVs are not even a worthwhile option for businesses much less consumers.
mrgots2000
Veteran Author
New York

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Message Posted: 10/16/2008 10:25:05 AM  Ignore mrgots2000 Report Abuse
need an SUV, buy a used one, it's time to tell Detroit we need more fuel efficient vehicles, if they wont build them, let them go the way of the dinosaur.

Don't buy New SUVs, buying new ones will just encourage Detroit to continue to supply us the drugs we're addicted to.

BUY use if you need one.

Toyota has promised to fit their Synergy Hybrid Technology on all their vehicles within 10 years, toyota is a auto manufacturer that knows what the consumer needs. Take heed Detroit, ADAPT or DIE!!!!!
pug07rb
Sophomore Author
Alabama

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Joined:May 2008
Message Posted: 10/16/2008 10:24:47 AM  Ignore pug07rb Report Abuse
For the people who really need them great, for the others yea, it's a great deal for awhile. Why can't people think in the long term anymore?
nstrdnvstr
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Twin Cities

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Message Posted: 10/16/2008 10:23:30 AM  Ignore nstrdnvstr Report Abuse
hank, "Buy trucks only if you really need it. I believe we need to have a new generation of gas efficient and safer SUVs."

Who is going to determine if "you really need one"?
scrounger
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Vancouver

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Message Posted: 10/16/2008 10:23:20 AM  Ignore scrounger Report Abuse
what? no free gas for life incentive?
e_jeepin
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Michigan

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Message Posted: 10/16/2008 10:21:48 AM  Ignore e_jeepin Report Abuse
There are some clueless posters on this thread!

Who dumps steel into a landfill?
There is no "glut" of SUV inventory (GM big trucks about 50 day supply which is nothing)

People don't "need" plasma TV's either but if they want one, go for it!

There will always be SUV buyers, just never like it was before.

A Suburban is a 20 MPG super hauler and loaded up with people / stuff is a bargain to drive. If a Mom wants to drive one, let her buy it without asking the permission of some MPG special interest group.
hank1326
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Los Angeles

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Message Posted: 10/16/2008 10:20:27 AM  Ignore hank1326 Report Abuse
Buy trucks only if you really need it. I believe we need to have a new generation of gas efficient and safer SUVs.
jadeusa
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Dallas

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Message Posted: 10/16/2008 10:19:30 AM  Ignore jadeusa Report Abuse
Hard to believe that some have such a short memory. Of course thinking might be if you make it cheaper than cheap, then high fuel costs take
forever to be offset.
REVLAW
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San Antonio

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Message Posted: 10/16/2008 10:15:23 AM  Ignore REVLAW Report Abuse
My son bought a Dodge Ram 1500 extended cab pickup a couple of months ago for half the MSRP (MSRP of $34K; purchased for $17K) plus lifetime powertrain warranty, lifetime free oil changes, and all the recommended factory maintenance for free for the first seven years or 100K miles.

You can buy a lot of gasoline for $17K below MSRP even at inflated prices.
Egaser
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Atlanta

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Message Posted: 10/16/2008 10:15:04 AM  Ignore Egaser Report Abuse
It is always nice to have a truck around the house,but it does not need to be a full sized one.
SeerLV
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Las Vegas

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Message Posted: 10/16/2008 10:14:22 AM  Ignore SeerLV Report Abuse
Short memories
gasguy555
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Gary

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Message Posted: 10/16/2008 10:13:24 AM  Ignore gasguy555 Report Abuse
BAD IDEA.
china211
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Long Island

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Message Posted: 10/16/2008 10:11:05 AM  Ignore china211 Report Abuse
SAY NO TO SUV'S!!! SAY YES TO OFFSHORE DRILLING AND FINDING BETTER THINGS TO RUN OUR CARS ON!!!!!!
frede2
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Texas

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Message Posted: 10/16/2008 10:09:03 AM  Ignore frede2 Report Abuse
my bicycle does good too
sta135
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New York

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Message Posted: 10/16/2008 10:08:57 AM  Ignore sta135 Report Abuse
Many of my neighbors are snatching up the bargains, trading their trucks earlier than they might have. Can't tow a horse trailer with a Prius. :)
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