Fuel prices 🤑🤑🤑

[Nassau65]

Well , filled up the old daily diesel today, and the £7 a gallon is now a reality. Ouch.
With petrol prices fast approaching same, will this have a knock on affect on American car ownership.? . Yes, the later versions of the more popular models on our shores are considerably more fuel efficient than the equivalent models of old, but will affect cars from the 50’s 60’s 70’s and so forth. Will it stop people using them as much, will they be less wanted, and will it affect prices?

 

[Nassau65]

£7 a gallon of petrol, £10+ for a packet of fags, my grandad would be turning in his grave.

 

[James Vette]

Is it possible that fuel will get cheaper as electric cars become the norm?

 

[Nassau65]

I don’t think it will some how.

 

[Nassau65]

I can remember people saying
“ when it’s goes to a pound a gallon, I’m giving up driving”

 

[Chuffer]

I am gonna drive the C3 and my Hemi Jeep even more and then spend what`s left on bottles of siingle malt . That way I will have no money left when Putin invades the UK . That was my grandfathers phylosophy during WW2 . He had survived being gassed in the trenches of WW1 and apparently said he was going to drink all his money away before Hitler invaded . Only he didn`t drive two V8`s so presumably had more cash to spend on whisky !!

 

[Stingray]

Lest ye forget - there was a time when E-type Jags could barely be given away and Jensen Interceptors couldn't be given away at all.

Make hay while the sun shines. The "cost of living crisis" has barely begun.

 

[Nassau65]

About 1973 as the oil crises hit, dad sold a V12 . E-type convt for £600 and was happy to see it go.

 

[Nassau65]

It does make you wonder if that would ever happen again if the £8 or £9 a gallon ever came about in our country.
Perhaps as a “toy” to use occasionally it wouldn’t .

 

[richie500]

Try looking at it from another perspective
No MOT test £45
No Road Tax say £275 more if you drive a C6 Z06 £600
So thats £320 towards fuel = say £7 a gallon = 46 gallons - 15mpg x 46 = 690 miles of free enjoyment
So keep your fingers and legs crossed we don't get royally shafted in April otherwise I think classic car prices will stall.

 

[Chuffer]

As I have said oft times before , the average price of a gallon of beer in UK is around £28 . So at £7 .00 a gallon for petrol you get 4 times the amount for the same cost which gives 60 miles of fun driving and smiles all round at 15mpg . Plus you don`t get a hang over the next day .

 

[JetJock]

I've seen "the end of oil" countless times in my long years, old git that I am now.

 

[Vetman]

I’m going to start drinking petrol instead of beer then buy more petrol with the money I am saving.

 

[Chuffer]

I’m going to start drinking petrol instead of beer then buy more petrol with the money I am saving.

Sounds like a plan . After all , 99 RON must only be one step up from 95% proof Jamaica Rum ! I poured that on my banana bread for breakfast in the Carribean and set fire to it and called it Napalm Toast !

 

[Roscobbc]

Is it possible that fuel will get cheaper as electric cars become the norm?

The costs of all forms of energy whether domestic gas, electricity, heating oil (plus the respective costs of automotive fuel so petrol, diesel, street and domestic based electric vehicle charging points) will all retain their respective price structures in some form or another........certainly engough to give HMG the tax revenues it wants . Electricity has 'seemed' cheap to use for charging vehicles from domestic charge points but as new ICE vehicles are phased out in a few years you can be sure that our government will start to apply increased taxation to electric vehicle usage to counter the reduced income from fossil fueled vehicles. The very fact that domestic charge points are installed with separate metering for built-in charge points (and that these meters have 'smart' meter technology) means that 'pay per mile' taxation will be easier for HMG to apply in future years.
One can presume that as future use of electric vehicles increases government incentives to encourage ownership will disappear and HMG will start to increase all forms of taxation.
The problem for us petrolheads is the projected reduced future use of fossil fuels in automotive vehicles will increase the likelyhood of fuel companies increasing petrol and derv costs to maximise revenue - this will have a further knock-on effect on pump prices when tax is applied.
The really 'smart money' is (and has been for quite a few years) is having a gas conversion. If you do a higher mileage it can be the cheapest way of fueling your vehicle.........don't all do it all at once though as HMG will increase their 'bit'.

 

[CaptainK]

Fuel prices, of all fuels, is just gonna keep going up. Can't see anyone wanting to lower the price as they want to maintain tax and profit etc.

As for driving my cars - well, thankfully I don't need to drive for work now as I work from home. So I drive for fun (and shopping etc), and when it comes to my C3 and FTO I've never kept an eye on the cost of a fill up, and I don't intend to start now. I'll just drive them as much as I normally do. As someone said above - drive them whilst you can

I also don't understand selling a thirsty car for pittance during a high cost fuel crisis - you do it to save money, BUT if your (values made up) £20k car does rubbish MPG and you sell it for £5k, then you've LOST £15K already, and then you have to buy a £10k car that does 4 times the fuel economy of the old one. Unless you do mega miles then I can't see the saving overall against (in my example) a loss of £25k to start with. Granted my values are a bit worse case to emphasise it, so if it married up a bit better then maybe you could make a saving in the long run if you did mega miles.
The same with electric cars - I considered one when I was doing "highish" miles commuting to an office to save money in the long run, but it'd still be a very long run against my daily diesel when I did my calculations. Now I don't commute I can't be bothered, but yet some people still think I should get rid of my "dirty" diesel and buy a "clean" electric car for it to mostly sit on my driveway doing bugger all. (daily diesel mostly kept for long trip, trips to the tip, and other stuff you can't really use a C3 for).

 

[Nassau65]

The really 'smart money' is (and has been for quite a few years) is having a gas conversion. If you do a higher mileage it can be the cheapest way of fueling your vehicle.........don't all do it all at once though as HMG will increase their 'bit'.

A friend of mine had his old Bentley converted to LPG many years ago, as he does a lot of miles, and wanted to continue to use the old girl. He was/is well pleased with the savings he’s made for god knows how many years.

 

[Nassau65]

When we were in Belgium buying cars (70’s/80’s) I used to wonder what Autogas was at petrol stations. Found out many years later it was LPG .

 

[Roscobbc]

I remember our loccal Hillbillies (so called as they were twins and lived in Hill Crescent - and looked + dressed + lived and behaved like Hillbillies) - always had American cars and generally the 'cast offs' that no one else wanted.......so really scruffy marginal stuff. One of the cars they sourced (can't recall what it was) came over from Belgium or Holland. So lucky to be a 327 V8 and was a poverty spec' with manual steering and 4 speed transmission. The car I'm sure was a mid 60's Impala or Bell Air convertible. This story is from the mid/late 70's. Anyway it had an early gas conversion done, presumably from new in Europe. Seem to remember a toriodal shaped gas tank in the spare wheel area. They didn't ever use the gas conversion or even filled the tank up and tried it. Fortunately neither of them smoked either........this is an important part of the story.
At some point either the tank or valves must have became damaged or deterioated when throwing things in the trunk - and/or rubber feed hose perished or became damaged. Anyway the tank or hosing seeming sprung a leak. They were unaware the tank had any gas in it. The gas (I believe) is heavier than air......so any leak would fill the car interior with gas from the floor upwards. Don't remember if they had the hood up or down. Knowing the state of their cars if it had have been up it was most likely in a poor condition so some of the gas would have escaped I'm guessing. Anyway they smelt the gas before anything untoward happened. Wonder it the story would have been the same it they were smokers?

 

[Nassau65]

Great story, love it.