As I mentioned previously, I was hanging off buying a new car for the launch of Skoda in OZ to happen. Pre-launch, Weisner said they'd be priced to "compete with the cheaper Jap & Asian brands" so I was anticipating $20-$30K drive away, not the actual, $30-$40K drive away, as it turned out. Now, I'm having a ...very, very, serious re-think, about spending anything more than $13K for a new Hyundai Getz (with 5 a year warranty & it runs on the smell of an oily rag), since I heard of the ex Iranian Oil Minister's (Dr Ali Samsam Bakhtiari) flying visit to OZ in late 2006, when he (quietly) told little "Honest Johnny" & Co, down in Canberra, that it was ..."quite possible, that we would be paying $6.00 per Litre, at the pumps, for ULP, here in OZ, by ...2010"...!! So far, the strong $OZ has shielded us from the full impact of the $110 US per barrel (and rising) price of crude, but if the bum falls out of the OZ economy, thanks to the US Subprime mortgage meltdown flowing on to the wider world economy, & The $OZ heads back towards 50 cents US (or worse) then we are gonna be ...SCREWED, big time...! by the Arabs & the Oil companies. Have a think about how, that little scenario, would impact upon your ...lifestyle...?? If that does come about, car companies won't even be able to give away ...for free, anything, that even remotely, resembles a gas-guzzler. Even without the worst-case scenario happening, vastly improving their fuel economy is going to be the ...absolute driving force, behind all car manufacturers, in the next 5-10 years, so what's your new $40K++ car purchased today, with its current fuel economy, going to be worth re-sale wise, in even 5 years from now...??? If you want some more scary thoughts, have a look at www.endofsuburbia.com
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