SUVs plunge toward 'endangered list'?

[niker]

http://www.cnn.com/2008/LIVING/wayof...uvs/index.html

Can similar trend happens to Philippines where SUVs are being bought less and people selling their SUV to get a smaller car?

Is there evidence here that SUVs resale value is getting lower in light of soaring fuel prices?

I need to know this before my SUV goes lower in resale value if it would come to the trend that smaller cars would be more practical.

[ghosthunter]

http://www.cnn.com/2008/LIVING/wayof...uvs/index.html

Can similar trend happens to Philippines where SUVs are being bought less and people selling their SUV to get a smaller car?

Is there evidence here that SUVs resale value is getting lower in light of soaring fuel prices?

I need to know this before my SUV goes lower in resale value if it would come to the trend that smaller cars would be more practical.

I think the price sign on the gasoline pump is the biggest trend pointer that cars with smaller engines are the way to go.

Even well-off people are using their big engined vehicles a whole lot less and even selling them for more practical vehicles.

[c_cube]

i think gas guzzler SUV will definitely be lesser in the streets if the oil world market price wont stop hitting a record high every week. but may be im wrong, because people who bought these SUVs have the capacity to buy gas at any price

[ghosthunter]

i think gas guzzler SUV will definitely be lesser in the streets if the oil world market price wont stop hitting a record high every week.
but may be im wrong, because people who bought these SUVs have the capacity to buy gas at any price

Unless you are the owners of the few very large companies/corporations that earn tens of thousands of pesos for your personal account every few minutes even as you snore in your bed at night, the price of gasoline & diesel for your vehicles will still hurt you on a personal level.

[niker]

i think gas guzzler SUV will definitely be lesser in the streets if the oil world market price wont stop hitting a record high every week. but may be im wrong, because people who bought these SUVs have the capacity to buy gas at any price

I wonder if the Rav4, CRVs, Tucson, Crosswinds are considered SUVS in the gass guzzler departments or whether they are the fortuners, etc. People buy SUV not because they are so rich but because there is only 100k to 200k difference to the atlis and civics and SUVs have more safety factor due to the higher passenger cell cage.

[c_cube]

I wonder if the Rav4, CRVs, Tucson, Crosswinds are considered SUVS in the gass guzzler departments or whether they are the fortuners, etc. People buy SUV not because they are so rich but because there is only 100k to 200k difference to the atlis and civics and SUVs have more safety factor due to the higher passenger cell cage.

what i meant was those american gass guzzlers, those trucks disguised as SUVs, which cost millions here

[redorange]

http://www.cnn.com/2008/LIVING/wayof...uvs/index.html

Can similar trend happens to Philippines where SUVs are being bought less and people selling their SUV to get a smaller car?

Is there evidence here that SUVs resale value is getting lower in light of soaring fuel prices?

I need to know this before my SUV goes lower in resale value if it would come to the trend that smaller cars would be more practical.

Any vehicle bought with the intention of it being an investment is a bad move as vehicles lose value the moment you sign the papers and drive it. If you are worried about losing resale value then sell now because the market will just get worst. I have an SUV that gets 6Km/L and we still use it because it fits everyone and we ride in comfort as opposed to stuffing people in a small car. Does it hurt the wallet? Spending $300-$400 a month on gas definitely hurts but we learn to live with it. Is it losing value? Sure, but I never bought it thinking of resale value and I have never bought any vehicle with resale value in the list of things that were important.

[Jun aka Pekto]

Gas guzzler is a relative term. An Alto/Minica-class owner will tend to think anything bigger is a gas guzzler. Me, I'm quite happy with the 3.3L V6 in my car. Everyone draws the line differently.

I don't think SUVs will go out of fashion in the Philippines unless "lubaks" and floods magically disappear.

I do tend to think that if fuel price increases cause a huge hardship for people, they probably shouldn't own a vehicle in the first place. Most vehicle owners will simply suck it up or commute. Here, we don't have a choice but to suck it up. At least in the Philippines, commuting is a very viable option. In fact, I'd commute most of the time if I lived there.

[Monseratto]

Bihira makakita ng diesel powered SUVs sa States. unlike here maraming diesel options. Also, the cost of diesel here is cheaper than gasoline as opposed sa prices sa States. So SUVs are not in the endangered list, except for the American variety.

[legend2destiny]

I think it will least likely to happen sa Pinas, SUV still & would remain to be a practical option in travelling esp. if you have big family. Suggestion, if your buying any vehicle with fuel as the main factor forget it take the public transport cause your paying way way way less than owning one.

[v6dreamer]

If you could afford to buy those expensive gargantuan SUV, why complaining the price of gas?

Go for it, magsasawa din sila sa katataas nila ng presyo.

[CVT]

I am quite certain that the SUV dealers will feel a pinch in their sales, because most of the people who are 'interested' in buying one would always ask its rated Km/L....

Normally, and I overhear their typical conversation with delight, the SA would always quote a number that is 2-3Km/L better than what is the generally-known rate of FC of that vehicle....

Talk about 'lying' just to secure a deal....

6110:pepsi:

[DonT]

I guess this is one of the reasons why the Ford Expeditions and F150 lost a lot of its market value in just a short time.

[ringostarr]

madami na binebenta suv ngaun sa kalye X-trail, RAV4, Escape, CRV. seems that a lot of people can't stand the pressure

ang ganda nun isa X-trail nakita ko, halos bago pa pormado

[ringostarr]

we still own an '05 Ford Explorer EB. my dad doesnt usually use it anymore bec. yun na nga kulang pa yun 250 Liter na allowance nya from the company. yun lang occassional trips nya sa golf course around the provinces

pero pag ayaw na nya, I'll get it even to the extent of switching my SF to his Ford Explorer. i have already ran the numbers if ever I drive his car. and the unseen benefits outweigh the mere computation of expenses.

[ghosthunter]

we still own an '05 Ford Explorer EB. my dad doesnt usually use it anymore bec. yun na nga kulang pa yun 250 Liter na allowance nya from the company. yun lang occassional trips nya sa golf course around the provinces

pero pag ayaw na nya, I'll get it even to the extent of switching my SF to his Ford Explorer. i have already ran the numbers if ever I drive his car. and the unseen benefits outweigh the mere computation of expenses.

Is that so? ... So I guess you will be driving the Ford Explorer daily since you did say the unseen benefits outweighs the expenses of running it.

[scharnhorst]

A relative from the U.S. has this vehicle ownership history:

Ford Explorer > Jaguar (sedan) > Mercedes SUV > Ford v6 Escape.

They're feeling the rising oil pump prices over there. But SUVs are far from endangered.

[Jun aka Pekto]

We never fell for the SUV craze throughout the late 90's and most of this decade because we let needs and practicality dictate what we'll buy. Oh well. It looks like this fad will pass us by too. No regrets.

[ptk675]

Unless you are the owners of the few very large companies/corporations that earn tens of thousands of pesos for your personal account every few minutes even as you snore in your bed at night, the price of gasoline & diesel for your vehicles will still hurt you on a personal level.

yung mga "public servants" lang naman natin ang nakaka afford na gumamit ng mga expeds at suburbans araw araw, at may mga convoy pa na 2 or 3 sasakyan. palibhasa di naman nila pera yung ginagastos nila eh.

but i think yung mga big v8 powered SUVs ang endangered. at least dito satin madami yung mga diesel variants na SUVs na mas matipid sa diesel relative to the american v8 powered SUVs.

[empy]

the falling demand is already here. those explorers and expeditions are actually not status symbols here in their main market - they are well within reach of the lower-middle class, especially if you dip into the used car market. so these are definitely people who will feel a terrible pinch as prices go up. add to that the fact that the average commute for Americans is getting longer and longer (and traffic in places like the RP gets worse and worse).

i keep my SUV because we are homeowners and are very active in our personal life...so we are constantly hauling around supplies, tools, appliances, and sports equipment...i don't know what we would do without it. but we try to drive my bmw into work, and are currently in the market for a more fuel efficient vehicle.