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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (8455)1/24/2003 2:50:26 PM
From: MulhollandDriveRead Replies (1) of 306849
 
>>As long as oil is as cheap as it is there is little or no incentive to make a really fuel efficient car. <<

i disagree.

as long as the vehicle is safe, well designed, (i.e...doesn't look like something you would be embarrassed to drive), comfortable inside, i think americans would pay a premium to own highly fuel efficient or renewable power vehicles...

i know that i certainly would.

especially with the geopolitical uncertainties we face and the dependency on foreign oil.

i believe consumers would flock to buy a regular, sedan size vehicle or smaller suv or truck with an innovative power source....the key is making it driver friendly wrt to design, comfort and size.

additionally as other expense rise (insurance, taxes) ANY money saved at the pump is like a pay raise or a tax reduction. most people are smart enough to realize that every time they fill their tank or charge the fuel cell is money in the bank if the only other option is vehicles getting 20mpg or less.

people will always want physical mobility irrespective of their broadband capabilities.
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