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Originally Posted by cbaber
I don't see the 2012 Civic as a failure and no one should.
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Honda did. That's why they discontinued production while they revamp the car (i.e., so that they can be competitive in their market segment again). On one hand, I was criticizing the fact that you often make "fanboi-esque" posts stating, in a nutshell, everything non-Honda is bad. On the other, it is a very good comparison, since the Volt (albiet a "failure") is still on the market with little to no revamping.
Quote:
Originally Posted by cbaber
Why? If gas hits that price everyone will try to drive less and save money. No one would buy a $40k car to save about half on gas compared to a car like a Civic. I will point you to my previous example. It would take you 24 years to come out ahead on savings if you buy a Volt over a Civic assuming you drive 26000 miles a year (Like I do) and gas costs $3.50 a gallon. You don't save money overall by buying a car with higher MPG if it costs you more money up front.
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People aren't going to drive less. This has been proven over and over again. The emphasis now is finding cars that don't need gas to run. That is why so many people have been moving toward diesel, hybrids, and electrics. And when a car allows an average driver to hit > 1,000 miles on a single, small tank of gas, that's saying something.
I'm also curious about your "24 years" calculations. Does that take into account the $7,500 tax credit? Does it take into account that, depending on the driving, 26,000 miles a year might add up to only a few gallons of gasoline? Also, I'm not sure that $3.50 is a good base to calculate from, since I, currently, can only find a few gas stations selling 87 octane for < $4.00/gal.