Will Gas Prices Affect Mustang Value?

[Cobra Jet]

No, people will do the same thing they did with the Real Estate crash and Vehicle Manufacturer bail outs back in 2006+ days:

They'll panic and sell off their 8-12 year old SUVs. The Dealers will run speifalized ads all over saying how they'll pay up to $5k for their SUVs, then the Dealership will run a ilica through the engines and then junk them... while putting that same owner into a brand new vehicle that they could not afford in the first place... writing out 84mo+ loans @ 6%...

or they will buy econo-shitbox Smart Cars with 3cyl engine, 5-gallon fuel tanks and claims that it gets 30mpg while not being able to crack 50mph but will get flattened if anything bigger than it hits it.

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[Bikeman315]

Disagree. The entire basis of the Mustang II (74-78) and the foxbody Mustang (1979-1993) was for a sporty, fuel-efficient Mustang. The Foxbody had the naturally aspirated 2.3L engine all the way until the very last day of production. In fact, most '93 models you'll come across are 4cyl cars (many have been engine swapped). These cars got great mileage and are still used by enthusiasts as economical commuter cars.

I believe we are talking about the 21st century.

My sister in law has a Toyota RAV4 Hybrid SUV that gets 40mpg on a typical drive. Not sure if Ford has managed the same in the Escape, but probably.

The Escape hybird is very good on mileage.

 

[IronG]

There is a big difference between 2008 and now. In 2008 there was a massive financial crisis that was based within the bank and other financial institutions. It permeated every monetary area except one, inflation. It was also not spurred on by a global pandemic which triggered a tech/chip shortage, a war and country crushing sanctions like we have now. What we were seeing before the Russian war are the aftereffects of the pandemic. People not spending as much disposable money for over a year and a chip shortage artificially jacking up demand. Inflation is the culprit here and is now amplified by the Russian war. As bikeman posted, even if you wanted to dump your SUV for a more efficient vehicle, good luck getting one for a reasonable price. My opinion is that gas prices will level off and most likely come down even before the Russian war is over. Once it is over, gas prices will crash and then go back to where they were prior to the war or maybe even lower. It all depends on curbing inflation. So get ready to buckle in for the next 3-4 years of higher prices on just about everything. Thank Putin for adding 12 to 18 months to how long it will last.

 

[ZeroTX]

I believe we are talking about the 21st century.

No, actually. The post I responded to say "nobody ... ever"... "Ever," believe it or not, includes the other 36 years of Mustang production before the 21st century began.

The Escape hybird is very good on mileage.

Awesome. Thus debunking the idea that manufacturers are upset and/or wrong about their decision to go with SUVS (crossovers) over sedans. The sedan, as a whole, is dead. Frankly, having owned hatchback-style and SUV (upright hatchback style) cars as well as 4-door sedans, I basically never want a 4-door sedan again. The SUVs have more space in basically every dimension, can haul more stuff in them (e.g. luggage for 4 adults and/or a family-sized quantity of stuff), and with modern tech (especially hybrid), they are just as fuel efficient. Right this minute, if we were replacing our Prius (a hatchback, BTW not a sedan), we'd buy a RAV4 Hybrid. All the practicality of the Prius and none of the limitations such as ground clearance concerns.

 

[Bikeman315]

My opinion is that gas prices will level off and most likely come down even before the Russian war is over. Once it is over, gas prices will crash and then go back to where they were prior to the war or maybe even lower. It all depends on curbing inflation.

Good points. The conflict in Ukraine certainly hasn't helped gas prices but the reality is that they were going up before the war started. Pricing continues to rise because of a the false reality of the loss of Russian oil. The small amount of oil we get from Russia shouldn't rise prices more than a few pennies if any. What is raising our the prices in corporate greed and lack of production. The oil companies are limiting production to bring in huge profits. Just wait for the 1st quarter profit numbers to come in.

So the market has to react just as it has in the past. Usage must go down. Once that happens prices will begin to fall. History always repeats itself.

 

[theruleslawyer]

Six Mach-E’s available within 200 miles of my home.

1. We were talking about a s550 v8 which may or may not continue to exist as a non hybrid in the s650
2. A lot of times those listing are customer orders or already have a deposit down and just show up still. Im trying to find my in laws a suv and it happens all the friken time when I call on a car.

 

[Strokerswild]

Meh, I'd rather have a nice sedan than an SUV any day. And I own one SUV. But the majority rules when it comes to the domestic market.

 

[ZeroTX]

Meh, I'd rather have a nice sedan than an SUV any day. And I own one SUV.

Go to IKEA and tell me you feel the same way when you're done. Sedans are basically a terrible design. Always have been. The europeans figured this out decades ago, which is why hatchbacks and even wagons are more prevalent there than sedans. VW actually had to create the Jetta from a Golf in order to meet stupid Americans expectations, because "hatchback" became a derogatory term in the 80's. Hatchbacks and wagons rule. Sedans, not so much. Anyone who ever had a hatch agrees.

Addendum: this includes the Mustang and current Camaro, too. The 80's and 90's hatchback designs were better... hatchback cars are better. There's absolutely no reason the S550 couldn't be a hatchback without even changing the body lines. Just move the hinge up to above the rear glass and ta-da... hatchback.

 

[Strokerswild]

Go to IKEA and tell me you feel the same way when you're done. Sedans are basically a terrible design. Always have been. The europeans figure this out decades ago, which is why hatchbacks and even wagons are more prevalent there than sedans. VW actually had to create the Jetta from a Golf in order to meet stupid Americans expectations, because "hatchback" became a derogatory term in the 80's. Hatchbacks and wagons rule. Sedans, not so much. Anyone who ever had a hatch agrees.

Now, wagons I can get behind. Real wagons. That is, sedan based, with car-like handling. I wanted to buy the AWD VW Golf wagon, but the wife won out and got the higher-sitting Tiguan. Blah.

I have a truck for the occasions I need to haul anything real.

 

[I Bleed Ford Blue]

As others have alluded, doubtful. Nobody in their right minds ever decided to buy a Mustang because of its fuel efficiency.

Ever since the day I bought my mustang I've had people ask me why I bought a V8 powered car that gets low mileage. My response was if I cared about mileage, I would have bought f'n Prius.

With the current market for new and used cars/trucks/SUV's, I don't think the spike in fuel prices will hurt values on them, but increase the price on hybrids/ full EV's at a faster rate

 

[2morrow]

The issue with that is if you aren’t already on a list you might not get a car. Especially if you want something special.

I agree, if you want something special and/or very specific, shit or get off the pot. Especially new.
For example, if your in the market for a M1 or GT500 you should have ordered already.

However if you want a regular mustang and looking for a used one, I think that's a non-issue. I found 770 in a 200 mile radii of my location. However you will note that in my market the values may seem inflated just by looking at the first 3 listings.

 

[Bobn57]

I considered an Ecoboost because they seem a little easier to find brand new and they’re cheaper then a GT. But I would like that v8 sound. I think I would be happy with the power of an Ecoboost though.

I had an 06 GT on the road until the auto trans died in 2020. I was back and forth between getting another V8 or the ecoboost, which has as much HP as my 4.6L V8 GT. Who needs 460HP on the street anyway.....well I do Just couldn't give up that V8 sound. If you're coming from the 4 banger or V6 market, its an easier transition to the ecoboost in my opinion. I've had V8s since 1974 so its a hard habit to break, eventhough the 4 banger tech today is awesome. Get what you can afford. A ecoboost Mustang is plenty quick for the street assuming you're not racing it and the mpg is decent. Good luck with your decision.

 

[2morrow]

Ever since the day I bought my mustang I've had people ask me why I bought a V8 powered car that gets low mileage. My response was if I cared about mileage, I would have bought f'n Prius.

Truth!

 

[v8hgt]

What you need to remember is just because the USA only buys a small quantity of crude oil from Russia, the same is not true of the rest of the world. Some fairly significant economies buy the lion share of their crude and lng from Russia. E.g Germany. Now Germany and these other countries will be looking to source their crude and lng from other markets… the same markets that the USA sources from. This will drive up the wholesale price on those markets that the USA sources from, thus driving up the retail price of all refined fuels in the USA, where I might add they are currently artificially low. You guys are in for percentage increase wise, quite a shock in the coming few yrs. these sanctions will not be lifted swiftly.

 

[I Bleed Ford Blue]

Bingo! It's a simple matter of supply and demand. When western Europe's supply is cut off or limited, they will seek out other suppliers and therefor compete with our suppliers against us, which in turn drives up the price for everyone.

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