by yesplease » Wed 08 Oct 2008, 14:07:33
Yeah, it's one of those posts that I mean to respond to, but totally forgot about. Happened to see it when I was searching for something yesterday.
Anyway, Like I said before, I don't understand why you are focusing on new cars when I'm not talking about them. The turnover rate is only a few percent per year, and the increase in fleet mileage is only a few percent per year, so that's definitely not where the 5% drop we've seen is coming from. That said, there are more cars than drivers in the U.S. and likely way more cars than working adults including those who are unemployed (but not those who are too young to drive or retired). Given a fleet mileage of ~17mpg, and historical sales rates, roughly half of those vehicles are trucks/SUVs and average less than 17mpg, while the other half are cars and average over 17mpg. The drop in terms of what I'm talking about comes when people, since there are more cars than drivers, and way more cars than employed individuals, start driving the more efficient half of the fleet. Of course people also use public transportation more, can bike, etc...
Anyway, the idea that we can't improve average fuel efficiency is fallacious, since we already have a glut of vehicles as well as drivers with disproportionate commutes. So, as illustrated by the increase in econobox prices, sometimes by a thousand percent, the people who have historically used the most gas are the ones who tend to cut back the most since they drive the most, and they are the ones driving up the prices of used fuel efficient vehicles. They don't have to sell their current vehicle because the difference in cost between something at 17mpg and something at 30-50mpg is high enough to pay off the purchase price in a year or two, sometimes less. Essentially, the reduction comes from using what we already have differently. We don't need to all go out and buy a more fuel efficient new car, although given preferences new cars are finally getting more efficient.
$this->bbcode_second_pass_quote('Professor Membrane', ' ')Not now son, I'm making ... TOAST!