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Effect of Fuel Prices on New Fourby Prices

Submitted: Sunday, Sep 04, 2005 at 00:07

ev700

There have been fuel price hikes in the past but not as sudden as those in 2005.

What $ effect do people think the price hikes will have on new Cruiser and Nissan prices?

What discounting can we expect now or in the near future or will dealers add options to counteract any flagging demand?

EV700

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ThreadID: 26108 Replies: 8
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AnswerID: 128177   Submitted: Sunday, Sep 04, 2005 at 00:20

Willem replied:

Nissan are already giving away Free On Road Costs and $1000 Free Fuel with new vehicle purchases.

When I was over in WA a couple of months ago a Dealer in Karratha was selling 3lt Nissan Patrols at $11,000 below Retail !

This is a similar fuel price hike as in the mid 1970's. Hopefully the world will get over it and prices will drop again. If they continue to rise to $2.00 per litre and beyond then inflation will go up and up and the government will have to do something about it.

Am seriously considering buying a bicycle for short town trips....lol
Karoo Jackal
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Willem

There is more than one way to get a rabbit

Reply 1 of 8
FollowupID: 382948   Submitted: Sunday, Sep 04, 2005 at 23:26

Truckster (Vic) posted:

im lookin for a cheap runabout now, something like a Barina, or similar.. costin over a $100 week for diesel now... cut that down by 1/2 in a dunger...
FollowUp 1 of 2
FollowupID: 382971   Submitted: Monday, Sep 05, 2005 at 10:13

Member - Chrispy (NSW) posted:

Willem

According to that Forbes fella (and he's pretty well connected) the current fuel prices are based on .... well... nothing at all. Even with the Gulf of Mexico problems they will burst and the bubble should deflate over the next year or so - returning prices to around the US$35 mark.

I hope he's right!

Cheers
Chris
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AnswerID: 128179   Submitted: Sunday, Sep 04, 2005 at 00:36

Exploder replied:

I don’t think it will have a big impact on price’s at the yards, I think selling them will be a lot harder and some dealers may stop taking them as trade-ins perhaps dealers still need to make a profit.

What people have to do is stop worrying about something that has not happened yet, just because some yahoo say’s petrol is going to hit $2 a litre does not mean it will happen they are talking almost an 80c per litre increase, now that is bleep ing huge jump up for that to happen crude oil would need to go over $100 a barrel by my estimation. The average price of fuel from shell in Perth currently is $1.19.


Reply 2 of 8
FollowupID: 382823   Submitted: Sunday, Sep 04, 2005 at 01:01

Willem posted:

When fuel was $35 barrel some yahoo said it would go to $50 barrel. Nah, said others, it won't happen. Now its around $70 barrel and rising.

Fuel prices in SA and Vic vary from $1.15 to $1.30 In the ouback it is worse where delivery costs have to be recovered
Karoo Jackal
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Willem

There is more than one way to get a rabbit

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FollowupID: 382953   Submitted: Monday, Sep 05, 2005 at 00:42

Cruza Ute posted:

Don't forget that crude oil price is in US$. If the Aussie dollar drops back down to 50 US cents $2/ltr petrol could be a reality way before the US$100/ Barrel mark...
FollowUp 2 of 2
AnswerID: 128182   Submitted: Sunday, Sep 04, 2005 at 01:05

Member - mikeyandmary (NSW) replied:

My wife and I just decided to get a couple of 150cc scooters for commuting and short trips when we don't need to carry much. 2-3 litres/100km is much better than 9-11 litres/100km. We did think of replacing the hilux with a small car but thankfully that thought was laughed off very quickly!!!
Have fun... Stay safe...
Michael and Mary
Reply 3 of 8
AnswerID: 128194   Submitted: Sunday, Sep 04, 2005 at 08:12

Rock Crawler replied:

In 2000 Greece was selling fuel at $1.55 and Italy was around $2.50 and $3.00 a litre. No one complained because they were use to it .

I can easily see petrol between $1:50 and $1:80 by the end of the year.

Well this is what happens when Saddam isnt around to discount oil into Europe under the Euro...

Hmmmm

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Multi air bag Caddy
Reply 4 of 8
FollowupID: 383060   Submitted: Monday, Sep 05, 2005 at 18:58

Willem posted:

Ahhh NOW I know who you are. Ha! Slinking around the forum in another guise. Last night I looked hard at your rig pic but didn't have a magnifying glass to see just WHO was behind the wheel lol I got suspicious when you commented on 'RED' in another thread hahahahaha!

Cheers Bud
Karoo Jackal
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Willem

There is more than one way to get a rabbit

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FollowupID: 383066   Submitted: Monday, Sep 05, 2005 at 19:25

Rock Crawler posted:

took you a while lol

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GO HARD OR GO HOME


Multi air bag Caddy
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AnswerID: 128195   Submitted: Sunday, Sep 04, 2005 at 08:12

Kaz & Dale replied:

Saw figures on the news the other day that said new 4 wheel drive sales have fallen 20% in the last month. If this continues I will expect to see a lot more of "inducements" from dealers to get you into the yards.
Have had my eye on a new diesel Terracan for a few months now and after being told by the dealer that they wont be doing freebies with diesel only the petrol they are now doing free auto and free $2500 accessories - a $4500 saving!
It might pay to wait a bit at the moment if considering a new fourby.
Reply 5 of 8
FollowupID: 382963   Submitted: Monday, Sep 05, 2005 at 09:07

Member - John C (QLD) posted:

Noticed that 2 large 4wds in the suburb (patrol/criuser types) have now got terracans parked in their driveways. Another friend is looking at buying one too.

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John C - aka Oldplodder
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AnswerID: 128200   Submitted: Sunday, Sep 04, 2005 at 09:17

Member - JohnR (Vic)&Moses replied:

had an email from a distant relo a couple of weeks back to say when he returns to Australia in a couple of weeks his Pajero will go on the market. Assuming he isn't the only one who will do that I imagine the price will drop in the market.

Assuming that the market will over correct as is usually the first case I guess some cheaper second hand 4bys coming onto the market. Good if you want to buy one, not so if you have one to sell. It may be good then if you factor in tha marginal increase in the cost of fuel when you are buying.

Not so good for a new 4by in the market, I for one won't be looking to a new ML Merc.
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Who?
John
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Reply 6 of 8
FollowupID: 382885   Submitted: Sunday, Sep 04, 2005 at 15:40

Willem posted:

Fuel is like Scotch.....A necessity at any price lol
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Willem

There is more than one way to get a rabbit

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FollowupID: 382892   Submitted: Sunday, Sep 04, 2005 at 16:24

Member - JohnR (Vic)&Moses posted:

perhaps even the premium type of fuel I use in the car Willie, a premium scotch.......... Heather bough me a pair of smaller glasses for malt for fathers day. I wonder why? I guess the taste still comes through. mmmm
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Cheers,
Who?
John
Multi famam, conscientiam pauci verentur
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AnswerID: 128208   Submitted: Sunday, Sep 04, 2005 at 10:09

Paul - OzRoamer Camper Trailer replied:

We have recently received a heap of enquiries about our lighter Wedge Explorer camper trailer from pepole who are considering changing from their Patrols and L/cruisers down to a vehicle like the Forester or XTrail.

They all stated that fuel costs were the reason.

Seems like quite a few are considering which makes me wonder what a shift like this would do to the value of the used larger models. Would'nt the values drop in value??
Paul - OzRoamer Camper Trailers
Reply 7 of 8
AnswerID: 128293   Submitted: Sunday, Sep 04, 2005 at 22:57

ev700 replied:

The hip pocket should dictate a move to more economical vehicles. After all, in countries where fuel is dear the size and engine capacity of vehicles are smaller.

I suspect that people will want to use their vehicles as much as they presently use them. I notice that fuel price rises do not ease peak hour traffic snarls and nor do people share vehicles for commuting.

I reckon that new larger vehicles will 'stick'more in showrooms and dealers will offer incentives until they can adjust their oders to suit.
Reply 8 of 8
FollowupID: 382964   Submitted: Monday, Sep 05, 2005 at 09:10

Member - John C (QLD) posted:

Son now drives his beetle to the train station and catches the train to work.

Almost even now for him, the cost of fuel and the cost of a train ticket, the train ticket still a little more expensive.

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John C - aka Oldplodder
In touring mode, the way it should be.
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