As $100 fill-ups become the norm and resale values for gas-guzzling vehicles plunge, owners of trucks and SUVs are getting a painful lesson in what economists call "demand destruction." In addition to switching from Ford F-150s to Toyota Priuses, rising oil prices may force Americans to follow Europeans with one car per family...

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506 hits Rate me! Share Favorite | Flag 13 years ago by KikiPeepers

Do you think Americans own too many cars?
As $100 fill-ups become the norm and resale values for gas-guzzling vehicles plunge, owners of trucks and SUVs are getting a painful lesson in what economists call "demand destruction." In addition to switching from Ford F-150s to Toyota Priuses, rising oil prices may force Americans to follow Europeans with one car per family...

http://blogs.moneycentral.msn.com/t...


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13 yrs ago, 10 mos ago - Saturday 7/12/08 - 2:50:43 AM EST (GMT-5)
Depends if you desperately need them.

"Americans to follow Europeans with one car per family..."

It's not uncommon for European families to have two cars, though. I don't think every American household has more then one aswell.
13 yrs ago, 10 mos ago - Saturday 7/12/08 - 2:50:52 AM EST (GMT-5)
Nope, most people I know only have one per person - although a few have a "back-up" for when one is in for repairs, or a truck for moving/towing/etc when needed.

Less than that and it's really hard to live/work, etc.
13 yrs ago, 10 mos ago - Saturday 7/12/08 - 5:03:26 PM EST (GMT-5)
No i don't think we own to many cars. Every person that has a license needs a car to drive. Every person i no has 1 car per person. And if you have a mom and a dad and they both work how would they get to their job if it is to far to walk they need a car. So not having a car makes it a lot harder to live and work. I don't think Americans have to many cars. I think they have the right amount but if they have over like 5 cars that might be a little much but it also depends on how many people are in that family so that question is sorta impossible to answer because you need to know how many people are living in one family to judge how many cars they have. My family has 5 people and we only have 3 cars so soon we might have 5 but that just because we have 5 people in my family. For people who only have 2 people in a family to have 5 cars is to much in my opinion. So it all depends.
13 yrs ago, 10 mos ago - Saturday 7/12/08 - 5:10:09 PM EST (GMT-5)
Yes. But our public transportation system pretty much sucks, so there's not a whole lot we can do about it.
13 yrs ago, 10 mos ago - Saturday 7/12/08 - 5:31:26 PM EST (GMT-5)
^^^ Very true.
13 yrs ago, 10 mos ago - Saturday 7/12/08 - 5:46:09 PM EST (GMT-5)
how many cars are in my driveway? 6
how many people can actually drive in my house? 2
13 yrs ago, 10 mos ago - Sunday 7/13/08 - 12:04:31 AM EST (GMT-5)
On Saturday 7/12/08 - 5:46:09 PM juliewillard wrote:
how many cars are in my driveway? 6 how many people can actually drive in my house? 2


That's drating ridiculous!!

My family owns only one vehicle. Me and my sister take public transit, and my mother can't drive because she has the possiblity of suffering panic attacks, so driving for her would be too dangerous. Therefore, only my father uses the van.
13 yrs ago, 10 mos ago - Sunday 7/13/08 - 12:06:56 AM EST (GMT-5)
I have a vehicle and my boyfriend has a vehicle. The public transport blows here, so it really isn't an option right now.
13 yrs ago, 10 mos ago - Sunday 7/13/08 - 5:50:36 AM EST (GMT-5)
some do yes. People should only have how many they need.
13 yrs ago, 10 mos ago - Wednesday 7/16/08 - 6:26:13 PM EST (GMT-5)
Not only do they have too many cars, the cars they own are WAY to inefficent. Sell your damn hummer and buy a VW golf or Toyota Priuses or any other small car or better yet, TAKE THE FREAKIN BUS!
13 yrs ago, 10 mos ago - Tuesday 7/22/08 - 8:55:05 PM EST (GMT-5)
Depends.
13 yrs ago, 3 mos ago - Tuesday 2/17/09 - 12:02:33 AM EST (GMT-5)
So we own too many cars because 10% of the people have gas guzzlers? Big deal, they pay the price.




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