How much will s550 prices fall if gas goes up more?

[HoldenSSVandGT350]

While this is true, I don’t think most people expected gas prices to almost double in such a short time span. Layer that on top of what kind of effect it has other the cost of other goods, we’re getting hit from all sides.

Farmers here are having a hard time stomaching the cost of fertilizer (that cost has risen dramatically), so expect food costs to increase this summer as well. In a vacuum, the rise in gas prices alone I think a fair amount of people can handle. It’s the compounding effect that is hitting folks particularly hard. And it’s not going to get better any time soon

Spot on. We’re hitting peak travel season just as gas/oil prices are close to/hitting record highs. Anything transported gets more expensive, so, everything. It won’t affect my consumption any, but I’m lucky. Plus, our other Mustang is a Mach E 4X, so no worries there. I feel bad for people with tight budgets though.

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[Crew4991]

I’m with everyone else on this, high gas prices aren't going to dent Mustang prices much, if at all.

If you want to see where the pain is actually going to hit, look at the full-size SUV and truck markets. Those segments are absolutely flooded with demand, and people actually use them for their daily lives, commutes, and family hauling. When filling up a 26-gallon tank starts costing as much as a weekend getaway, those buyers start sweating. That's where you'll see people trying to unload vehicles, forcing prices down a bit.

A Mustang, or really any muscle/sports car, is a totally different market. For most potential buyers/owners, it’s a second or third vehicle, a fun weekend toy, not the family grocery getter. The average car shopper looking for a sensible commuter isn't accidentally wandering onto a lot and buying a 400+ horsepower V8. The people buying Mustangs are looking for that specific experience. They want the rumble, the performance, and the look. If they've already decided to drop that kind of cash on a sports car, a extra buck or two at the pump isn't going to scare them off.

My Mustang GTCS is my actual daily driver. Do I love paying more at the pump? Obviously not but I don't even look at the total when I'm filling up. You pay the "smiles per gallon" tax because the drive is worth it, and that's exactly why this market holds its ground while practical SUVs start dropping in price.

 

[Strokerswild]

Oddly enough, my Mustang gets the second best gas mileage (highway) of my fleet. I should really daily it more.

 

[Gen 6 Mach1]

In 1972 I was paying 0.32 cents a gallon, when OEPC United and started to choke the US and Europe, it double in price to 65 to 70 cents a gallon . Now that doesn't sound like much today , I was 16 working a min wage job 1.25 an hour . Today it is a different scale with some states higher than others . In Az now it's 15.15 an hour , in Seattle it's 20 to 21 dollars an hour . The cost of living is astronomically high due to many factors in Western Washington where I live til 6 yrs ago . Some of you may remember back then .

 

[SCOOTT]

If you can afford to have the car you want , then people will always figure a way to get the go juice. Gotta go gotta go.

 

[kwpony]

We pay equivalent to 10 Dollars a gallon in the UK for 98 .

Same in Germany for premium unleaded.

 

[overheadmanifoldsprocket]

The S550 5.0's fuel economy really isn't that bad. I remember that the Mondeo 2.0 we used to have in the early 2000s would only do about 37-38 mpg on a long run. My Mustang will return 32-35 mpg on that same journey. And here in the UK at least, relatively speaking, fuel was if anything more expensive then at around £1.10 per litre of 97, IIRC.

 

[sk47]

When filling up a 26-gallon tank starts costing as much as a weekend getaway

Hello; Try 36 gallon fuel tank on my Silverado.

 

[Freeair]

I find it ironic that several auto manufacturers have recently publicly disconnected or gutted their EV programs just as gas prices have soared.

Gas prices near me are very close to being double what they were at the first of the year even though 30 cents of state gas tax has been suspended.

Even so I don't expect vehicle prices on low mpg cars to plummet. Rather I'd expect to see a shift to higher mpg vehicles without a drop in price of more "luxury" vehicles. Besides, in stock form, none of the S550s get terrible fuel economy.
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Perhaps a little perspective is called for. Gas prices before the IRAN conflict were $2/gal. lower than June '22 and are still almost .80 lower than in '22 (https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epmr_pte_nus_dpg&f=m). So even a couple of bucks shouldn't logically affect performance car ownership, although people are not always logical in these scenarios. Just completed 2800 mile trip to 11 states in my '18 GT convertible manual. Averaged 26.6 mpg which included a bunch of stop and go in Florida. Averaged 29+ on highway given the manual's tall gearing resulting in 1900 rpm at 75mph. Average driver at 12,000 miles per year probably uses around 550 gallons of fuel per year. That means approx. $550 per year increased fuel cost for every dollar increase in fuel price. Not the greatest scenario, but way cheaper than buying a newer economy car or EV in a futile effort to save money. And if you drive a performance car, you shouldn't have bought one in the first place if you can't handle that relatively low cost given all the other expenses that come with performance car ownership.

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