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Old 09-05-2005, 01:21   #1 (permalink)
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Rising fuel costs to burst musclecar bubble?

I heard on the news that they forsee fuel prices rising to $1.50 if not $2 a litre in the short future.

Do you think that this will spell the end of the rising prices paid for Australian muscles cars (say xw to xc) because people can simply not afford to run the big V8's.

The bubble has to burst sometime. I mean $190, 000 foir a xy gt ph3 is heavy but for a car you cant afford to run because fuel is through the roof is nuts.

Its not impossible to forsee $4 or $5 a litre in the future. Oil production is at max at the moment and resevers are running low. I think the world is just starting to run out of oil.

Also I think i heard at the last motor show that every manufacture of cars is working on an electric car or hybrid system.

Is this the the beginnnig of the end of the aussie V8 past and future?

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Old 09-05-2005, 01:24   #2 (permalink)
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Re: Rising fuel costs to burst musclecar bubble?

Hopefully they bring out hybrid adaption kits so we can have the best of both worlds!
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Old 09-05-2005, 01:32   #3 (permalink)
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Re: Rising fuel costs to burst musclecar bubble?

Quote:
Originally Posted by Chartoo
I heard on the news that they forsee fuel prices rising to $1.50 if not $2 a litre in the short future.

Do you think that this will spell the end of the rising prices paid for Australian muscles cars (say xw to xc) because people can simply not afford to run the big V8's.

The bubble has to burst sometime. I mean $190, 000 foir a xy gt ph3 is heavy but for a car you cant afford to run because fuel is through the roof is nuts.

Its not impossible to forsee $4 or $5 a litre in the future. Oil production is at max at the moment and resevers are running low. I think the world is just starting to run out of oil.

Also I think i heard at the last motor show that every manufacture of cars is working on an electric car or hybrid system.

Is this the the beginnnig of the end of the aussie V8 past and future?

Comments appreiciated

Chartoo
IMO It wont make the slightest difference.
If anything it might keep prices high and people down size their daily driver from maybe a V8 but buy an old classic musclecar to have something to play with as a form of compensation.
These cars dont get used often enough to make fuel prices an issue, an extra 10 or 20 bucks for a tank of fuel that might last anywhere from 1-6 months isnt an issue, especially at the top end of the market.
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Old 09-05-2005, 02:11   #4 (permalink)
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Re: Rising fuel costs to burst musclecar bubble?

Quote:
Originally Posted by 4Vman
IMO It wont make the slightest difference.
If anything it might keep prices high and people down size their daily driver from maybe a V8 but buy an old classic musclecar to have something to play with as a form of compensation.
These cars dont get used often enough to make fuel prices an issue, an extra 10 or 20 bucks for a tank of fuel that might last anywhere from 1-6 months isnt an issue, especially at the top end of the market.
That's right, petrol is nothing compared to other costs involved in extracting power and breakages.
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Old 09-05-2005, 02:14   #5 (permalink)
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Re: Rising fuel costs to burst musclecar bubble?

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Originally Posted by falcon coupe
That's right, petrol is nothing compared to other costs involved in extracting power and breakages.
haha! Very true! Petrol prices are nothing in the scheme of things!
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Old 09-05-2005, 02:55   #6 (permalink)
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Re: Rising fuel costs to burst musclecar bubble?

I reckon it will hit big time at the lower end of the hobby.Those who can afford to pay 150 grand for a 35 year old Falcon wont be affected but the bloke who has a 10-15 grand toy will be making some tough decisions.Its going to be hard for some blokes to justify having 10-15 large sitting in the garage getting driven less and less because all his petrol money is being used to run his other driver and probably his wife's too.
It will also affect wreckers,mechanics,panel beaters,trimmers etc as guys who keep their cars will be spending more to run them and other spending will decline.Not everyone earns 80 grand a year and the line has to be drawn somewhere.
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Old 09-05-2005, 03:01   #7 (permalink)
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Re: Rising fuel costs to burst musclecar bubble?

Petrol prices don't change a thing when it comes to my pride and joy .
I think people got over the price about 6-8 years ago when petrol left the 60+ cent mark.
The worst thing is paying a bigger rego and hardly using the roads .Cost of the coupe is huge compared to the daily driver but the the cheaper one would see a least 10-15k km a year where the other more expensive would be lucky to 2500 a year .
All in all small price to pay to use something that brings me so much joy
(when running and not breaking anything)
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Old 09-05-2005, 04:41   #8 (permalink)
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Re: Rising fuel costs to burst musclecar bubble?

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Originally Posted by tony xa
Petrol prices don't change a thing when it comes to my pride and joy .
I think people got over the price about 6-8 years ago when petrol left the 60+ cent mark.
The worst thing is paying a bigger rego and hardly using the roads .Cost of the coupe is huge compared to the daily driver but the the cheaper one would see a least 10-15k km a year where the other more expensive would be lucky to 2500 a year .
All in all small price to pay to use something that brings me so much joy
(when running and not breaking anything)
My daily driver is a Falcon SR BA this is the only one Iam thinking of downgrading the others I just like to look at in the shed
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Old 09-05-2005, 04:42   #9 (permalink)
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Re: Rising fuel costs to burst musclecar bubble?

Quote:
Originally Posted by Chartoo
I heard on the news that they forsee fuel prices rising to $1.50 if not $2 a litre in the short future.

Do you think that this will spell the end of the rising prices paid for Australian muscles cars (say xw to xc) because people can simply not afford to run the big V8's.

The bubble has to burst sometime. I mean $190, 000 foir a xy gt ph3 is heavy but for a car you cant afford to run because fuel is through the roof is nuts.

Its not impossible to forsee $4 or $5 a litre in the future. Oil production is at max at the moment and resevers are running low. I think the world is just starting to run out of oil.

Also I think i heard at the last motor show that every manufacture of cars is working on an electric car or hybrid system.

Is this the the beginnnig of the end of the aussie V8 past and future?

Comments appreiciated

Chartoo
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Old 09-05-2005, 04:54   #10 (permalink)
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Re: Rising fuel costs to burst musclecar bubble?

Just out of interest what sort of price is racing fuel eg vp103 and are the racing fuels subjected to the same price rises as normal fuel .
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