Pennies Turning Into Dollars

Pennies Turning Into Dollars – The Real Deal Behind Price Shock

The world is changing.

Every time you fill up your vehicle you are painfully reminded that the world as you know it is changing. Gas has doubled in price over the last five years and it is showing no signs of dropping back down. For the average consumer, this means scrimping and saving in other areas.

As prices climb, many consumers have made the commitment to move away from large cars and trucks and instead are beginning to accept the idea of smaller, more efficient vehicles. This shift has created a market for small trucks like the Honda Ridgeline and Chevrolet Colorado, other markets, especially compact cars, have seen a substantial increase in demand too.

Small Cars

Small cars have always been known for being more efficient compared to their larger brethren and the primary formula that most car makers have followed is a small, lightweight car with an efficient engine and a front-wheel drive power train. This keeps the weight down and utilizing a front wheel drive power train minimizes drive train loss in the mechanical system.

Recent additions to the small car segment are micro-compact cars, such as the Honda Fit and the Toyota Yaris. These vehicles exemplify the progress that has been made since the first small cars were introduced, as they are more space efficient, safe and comfortable than ever before. With the massive success in this segment all the major manufacturers are jumping in with offers of their own.

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SUVs, Trucks, and Mini-Vans

Traditionally, these vehicles have been quite large and heavy. Most North American trucks were sold with big bore V8s and SUVs, like the Tahoe and Escalade, showcased North America’s obsession with large over the top vehicles.

However, recent shifts in consumer interest have created many changes in the utility segment and a new type of vehicle has been created as a result. The CUV, or Crossover Utility Vehicle, is a SUV-like vehicle that is based on a car chassis. These vehicles are more efficient than SUVs and they offer more competitive fuel economy.

The Real Deal

Regardless of the type of vehicle that you own, there is only one way to significantly reduce your gas expenditure; reduce the amount that you drive. Start biking and walking to close destinations and leave the keys at home when you can get there via other more efficient means.