Effect of Fuel Prices on New Fourby Prices

Submitted: Sunday, Sep 04, 2005 at 00:07
ThreadID: 26108 Views:2209 Replies:8 FollowUps:10
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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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Reply By: Willem - Sunday, Sep 04, 2005 at 00:20

Sunday, Sep 04, 2005 at 00:20
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
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Follow Up By: Truckster (Vic) - Sunday, Sep 04, 2005 at 23:26

Sunday, Sep 04, 2005 at 23:26
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...
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Follow Up By: Member - Chrispy (NSW) - Monday, Sep 05, 2005 at 10:13

Monday, Sep 05, 2005 at 10:13
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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Reply By: Exploder - Sunday, Sep 04, 2005 at 00:36

Sunday, Sep 04, 2005 at 00:36
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.


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Follow Up By: Willem - Sunday, Sep 04, 2005 at 01:01

Sunday, Sep 04, 2005 at 01:01
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
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Follow Up By: Cruza Ute - Monday, Sep 05, 2005 at 00:42

Monday, Sep 05, 2005 at 00:42
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...
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Reply By: Member - mikeyandmary (NSW) - Sunday, Sep 04, 2005 at 01:05

Sunday, Sep 04, 2005 at 01:05
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!!!
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Reply By: Rock Crawler - Sunday, Sep 04, 2005 at 08:12

Sunday, Sep 04, 2005 at 08:12
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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Follow Up By: Willem - Monday, Sep 05, 2005 at 18:58

Monday, Sep 05, 2005 at 18:58
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
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Follow Up By: Rock Crawler - Monday, Sep 05, 2005 at 19:25

Monday, Sep 05, 2005 at 19:25
took you a while lol
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Reply By: Kaz & Dale - Sunday, Sep 04, 2005 at 08:12

Sunday, Sep 04, 2005 at 08:12
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.
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Follow Up By: Member - John C (QLD) - Monday, Sep 05, 2005 at 09:07

Monday, Sep 05, 2005 at 09:07
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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Reply By: Member - JohnR (Vic)&Moses - Sunday, Sep 04, 2005 at 09:17

Sunday, Sep 04, 2005 at 09:17
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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Follow Up By: Willem - Sunday, Sep 04, 2005 at 15:40

Sunday, Sep 04, 2005 at 15:40
Fuel is like Scotch.....A necessity at any price lol
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Follow Up By: Member - JohnR (Vic)&Moses - Sunday, Sep 04, 2005 at 16:24

Sunday, Sep 04, 2005 at 16:24
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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Reply By: Paul - OzRoamer Camper Trailer - Sunday, Sep 04, 2005 at 10:09

Sunday, Sep 04, 2005 at 10:09
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??
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Reply By: ev700 - Sunday, Sep 04, 2005 at 22:57

Sunday, Sep 04, 2005 at 22:57
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.
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Follow Up By: Member - John C (QLD) - Monday, Sep 05, 2005 at 09:10

Monday, Sep 05, 2005 at 09:10
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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