There is about to be an absolutely huge demand for fuel efficient cars due to gas really hurting peoples budget. The newer hybrids may very well get better gas mileage ( i would hope so) but the demand for any hybrid will outstrip supply by a whopping margin. The resale values will actually go up relatively speaking,as the newer hybrids are often smaller.

So in your example, lets say that new global hybrid goes for 16,000. And I keep my car for five years ( likely). I bet I could sell it for 14,000 without any trouble, assuming no major accidents. I bought an extended warranty to help with resale actually.

16,000 today will actually probably be 17,500 in the next year or so given the dollars march towards weakness.

20 MPG vehicles no longer make any sense for your average commuter IMO. And I have long said 4.50/gal gas this year. I am more concerned about my car getting stolen than anything else. It actually makes me money strangely enough, due to its low operating expenses.

 

totally my opinion.

even here down south, where regular is about 2.60 US-$ / gallon, the demand for fuel efficent cars is increasing like never before.

daily I receive reasonable offers for the HCH I

best wishes

 

Maybe we should all head to Mexico for our gas! Lowest it is here in the states is $2.95US & highest is $4.49 with the average price being around $3.66.

 

if only the salaries where the same here