Friday, February 24, 2012

Higher Gas Prices

Here we go again!. Gas prices are shooting up pretty fast. Is it really going to get to $5.00 per gallon? What is it that "they" do - decide what "they" want the ceiling to be and go for it?  Unfortunately we, John Q Public, are the last ones to know what the real truth is. Will fuel reserves be released to help us out and, will we find other ways to get oil?  It could be like the 1970's when we could not even get fuel. I remember the gas lines, stretched around and down the block. You couldn't even get gas if your license plate was wrong. You had the evens and the odds. If your plate ended in an even number you could get gas on certain days and not on the others. You prayed that you didn't run out of gas on an odd day.

What can be done now to prepare for what may come?
Look at the fuel efficiency of your vehicle.
You have to decide what is important to you. Saving money with a more efficient vehicle or paying more to fill up your gas tank. I am sure you have seen all the commercials and information about new vehicles having more Miles Per Gallon ( MPG). Have you thought about what this really means for you? Let me break some of this down for you in numbers. Let us say that your car gets 22 mpg and your fuel tank has a 15 gallon capacity. That means that you can go 330 miles on one tank of gas and at today's prices 15 gallons of gas will cost you $55.50 ( gas prices are at $3.70 today, locally). Now let us say that you purchase a different more fuel efficient vehicle and you get 36 mpg, tank capacity is the same. Now you can go 540 miles on a tank of gas, that is 210 miles more,. That is almost another tank of gas! If you drive 15,000 miles a year ( the national average), that is a savings of about $1000.00 per year, and that is at today's gas prices ($3.70)! What will it be if and when the price hits $5.00 per gallon?

Buick LaCrosse w/eAssist

You would be saving $1326.00 per year. Now if your vehicle's average mpg is lower than 22 mpg, and you move up into a more efficient vehicle, your savings would be even greater.
 Did you know that Biggs Cadillac Buick GMC has more fuel efficient vehicles? Buick makes three models that have better then 30 mpg. The New Verano - 32 mpg, LaCrosse with eAssist - 36 mpg, Regal with eAssist - 36 mpg. GMC has the smaller yet very efficient SUV - the Terrain - 32 mpg.

GMC Terrain

Keep it between the lines,
Happy Motoring
 So while you are calculating your current gas mileage and thinking about getting into a more fuel efficient vehicle, give us a chance to show you how you can save money and time at the gas pumps.