$5.00 gas and the 18 mpg city/26mpg Highway 370Z

BanningZ · 11-24-2008, 07:47 AM

So accord to Motorcities.com the Estimated fuel economy is 18 mpg City/26mpg Highway for both the
7-speed automatic and 6-speed manual transmissions – increases of 1 mpg City/2 mpg Highway for the
automatic and 1 mpg Highway for the manual transmission versus the 2008 350Z.

What does this mean for sales of the 370Z in the current world of rising oil prices, and the clambering for Hybrid technology?

If gas hits $5.00/gal will this change your outlook on purchasing a new Z?
OR
Will Nissan join the rest of the pack and, will we see a 25K base 370Z?

They are saying gas prices are likely to be $3.50/gal again by January, and could hit $4.75 by July 2009.

Thoughts?

Slidefox · 11-24-2008, 08:41 AM

Quote:

Originally Posted by BanningZ

So accord to Motorcities.com the Estimated fuel economy is 18 mpg City/26mpg Highway for both the
7-speed automatic and 6-speed manual transmissions – increases of 1 mpg City/2 mpg Highway for the
automatic and 1 mpg Highway for the manual transmission versus the 2008 350Z.

What does this mean for sales of the 370Z in the current world of rising oil prices, and the clambering for Hybrid technology?

If gas hits $5.00/gal will this change your outlook on purchasing a new Z?
OR
Will Nissan join the rest of the pack and, will we see a 25K base 370Z?

They are saying gas prices are likely to be $3.50/gal again by January, and could hit $4.75 by July 2009.

Thoughts?

All I know is I just paid $1.90/gal... I like it where it is.

o0javi0o · 11-24-2008, 09:06 AM

Quote:

Originally Posted by Slidefox

All I know is I just paid $1.90/gal... I like it where it is.

lol, I live in Orlando Fl and I did $1.83 last night and hit the $27

on my tank.
I remember in July I was in Miami and did 4.22 a gallon..... hit my tank and my wallet and my visa, and my everything with $68 on my 350z.... at that time when gas was at those prices I was really thinking in other options for the future.
Right now as the oil barrel prices are dropping everything seems to be Ok for those who don't have an economist thought.

I really don't believe that people buying 370z are going to be concerned about gas prices at the time of purchase 'cause they will be getting it anyway if they are just looking to buy a 370z.
If the gas prices go higher they might reconsider the fact that they bought a non particular fuel efficient car with big 19 gallons tank, and probably we could see an big inventory of them at Carmax.
But the person who gets a 370z is because they like it, in most cases he know what he is getting and what to expect of it and Nissan knows.

But yeah, if oil prices roars again at that magnitude, Nissan could feel, for sure, a hit on 370z sells. IMO.

AK370Z · 11-24-2008, 10:06 AM

Quote:

Originally Posted by BanningZ

So accord to Motorcities.com the Estimated fuel economy is 18 mpg City/26mpg Highway for both the
7-speed automatic and 6-speed manual transmissions – increases of 1 mpg City/2 mpg Highway for the
automatic and 1 mpg Highway for the manual transmission versus the 2008 350Z.

What does this mean for sales of the 370Z in the current world of rising oil prices, and the clambering for Hybrid technology?

If gas hits $5.00/gal will this change your outlook on purchasing a new Z?
OR
Will Nissan join the rest of the pack and, will we see a 25K base 370Z?

They are saying gas prices are likely to be $3.50/gal again by January, and could hit $4.75 by July 2009.

Thoughts?

Gas prices are all time low now. I think I just saw $1.82 for 87 and $2.31 for premium. All the car sales are low right now due to economic imbalance. People are nervous to buy new cars. That could be a reason to get really good deals on the Z.

I also agree with "o0javi0o" that, those people who will buy a 370Z, do not care about gas prices. I have never said a single word about gas prices. That's the last thing on my mind. It's like asking a GTR owner if he is worried about 3000 dollar brake job.

I highly doubt gas prices will hit $3.50 by January but I can see it rising may be starting from April-May (or whenever we get those hurricanes

)

I should also mention that, I WILL NEVER drive a hybrid. I hate hybrids with a passion.

BanningZ · 11-24-2008, 04:16 PM

Quote:

Originally Posted by AK370Z

I also agree with "o0javi0o" that, those people who will buy a 370Z, do not care about gas prices. I have never said a single word about gas prices. That's the last thing on my mind. It's like asking a GTR owner if he is worried about 3000 dollar brake job.

This is how I feel too, but perhaps that means we are in a different economic bracket as well. The majority of Americans haven't been looking to spend 30K-38K for a two seater. I would even be inclined to say that the majority of Americans right now can't afford a 30K-38K vehicle. When you really have the money a 370Z is overlooked and people go straight for the GTR. Hell I would.
I'm looking to buy a Z because I have a piad off house, 3 paid off cars, and no debt. If that wasn't the case I would be looking for something in a lower bracket, with better mpg.

I still worry about fuel economy with my truck though. All of the economists say that we should look for a spike in Gas by December 20th after the "Big three" bailout talks. Just keep in mind that it took 3 months for gas to go from $4.50/gal to 1.89/gal. 3 months is nothing in the scheme of things.

Just my thoughts.

Would any mods or Admin like to change my subject line of this thread? Some how I got a "c" and a "g" in there before the "$5.00" in the subject line.

kacz07 · 11-26-2008, 01:01 PM

Quote:

Originally Posted by AK370Z

Gas prices are all time low now. I think I just saw $1.82 for 87 and $2.31 for premium. All the car sales are low right now due to economic imbalance. People are nervous to buy new cars. That could be a reason to get really good deals on the Z.

I also agree with "o0javi0o" that, those people who will buy a 370Z, do not care about gas prices. I have never said a single word about gas prices. That's the last thing on my mind. It's like asking a GTR owner if he is worried about 3000 dollar brake job.

I highly doubt gas prices will hit $3.50 by January but I can see it rising may be starting from April-May (or whenever we get those hurricanes

)

I should also mention that, I WILL NEVER drive a hybrid. I hate hybrids with a passion.

You need to fill up around Rutgers, man. Gas is 1.99 for 93 at BP

AK370Z · 08-23-2011, 01:13 AM

Quote:

Originally Posted by AK370Z

Gas prices are all time low now. I think I just saw $1.82 for 87 and $2.31 for premium. All the car sales are low right now due to economic imbalance. People are nervous to buy new cars. That could be a reason to get really good deals on the Z.

I also agree with "o0javi0o" that, those people who will buy a 370Z, do not care about gas prices. I have never said a single word about gas prices. That's the last thing on my mind. It's like asking a GTR owner if he is worried about 3000 dollar brake job.

I highly doubt gas prices will hit $3.50 by January but I can see it rising may be starting from April-May

I should also mention that, I WILL NEVER drive a hybrid. I hate hybrids with a passion.

3 years ago, I didn't believe gas prices would go above $3.50. I just paid $4.05 to fill up my car

CrownR426 · 11-24-2008, 10:01 PM

1.68 here for a gallon!

Darkness · 11-24-2008, 10:15 PM

I see the original poster's point. How long will gas prices stay at their current levels? If they markedly approach a higher level how will that affect the health of sales for a car like this? I would think that people spending above $30,000 for a performance oriented car would be willing to make concessions in fuel economy. I personally wouldn't be deterred.

cstr_Cali · 11-24-2008, 10:28 PM

If this thing had a V8 I'd be worried about gas prices, but since it doesn't........................who cares???

I'll tell you one thing; hybrids, battery powered cars.........they're all CRAP. Diesel is the future, diesel is the way to go. I'll never guy an electric car for as long as I'm alive. That is until they make something that convinces me.......completely.

808_370z · 11-25-2008, 04:55 AM

The joys of living in hawaii still about 2.60 ish here

Nissan370z · 11-25-2008, 11:03 AM

I don't think that they're going to rise that much. A couple of reasons-
1. A certain someone is already going bankrupt, raising gas prices will piss them off more
2. People are already traveling less and going more green (carpool, bus, walking, etc)
3. With the financial situation, people aren't buying cars (can't get loans). If gas goes up again, then people won't purchase them at all (except the 370z =) ..but you get what I mean)
4. Etc.
5. Yes, I would still get the new Z

Nissan370z · 11-25-2008, 11:04 AM

Also, in case gas prices do go up, you can use the Z as a weekend car or something and get a v4 for daily driving. But I doubt it'll matter because this car is going to be a blast!!

cstr_Cali · 11-25-2008, 06:12 PM

^ You've made a HUGE point. The energy sector and automobile industry will never be the same from here on out. We're moving towards not only using more alternative energy, but alternative powertrain technology, and its' not so much the consumer but society that demands it. In addition, (as mentioned) people that once did a lot of commuting in their own personal transportation are looking to other alternatives as both a cost effective and environmentally-friendly means. This isn't something that will be a short lived trend, this is long term. With all of that said car makers will be producing products that consume less and use alternative forms of energy and propulsion. Combine that with a continuing decline in demand for oil gas prices will surely drop continuously over the long term, permanently.

AK370Z · 11-25-2008, 10:10 PM

I don't see gas prices rising again unless there are hurricanes. Blackbullet, you did make a good point. People are smarter now because they have seen it. They have filled their gas tank with $4.35/gallon for regular. Automakers also realized that making gas guzzler is NOT the way to get ahead in the game. I am just hoping everything stays the way it is... Filling up my gas tank with $2.19/gallon premium is

11-24-2008, 07:47 AM	#1 (permalink)
BanningZ A True Z Fanatic Join Date: Nov 2008 Location: nowhere Posts: 5,478 Drives: 06' Nismo Frontier Rep Power: 29	$5.00 gas and the 18 mpg city/26mpg Highway 370Z So accord to Motorcities.com the Estimated fuel economy is 18 mpg City/26mpg Highway for both the 7-speed automatic and 6-speed manual transmissions – increases of 1 mpg City/2 mpg Highway for the automatic and 1 mpg Highway for the manual transmission versus the 2008 350Z. What does this mean for sales of the 370Z in the current world of rising oil prices, and the clambering for Hybrid technology? If gas hits $5.00/gal will this change your outlook on purchasing a new Z? OR Will Nissan join the rest of the pack and, will we see a 25K base 370Z? They are saying gas prices are likely to be $3.50/gal again by January, and could hit $4.75 by July 2009. Thoughts?

11-24-2008, 10:01 PM	#8 (permalink)
CrownR426 A True Z Fanatic Join Date: Nov 2008 Location: South Korea Posts: 4,676 Drives: Manual Rep Power: 848	1.68 here for a gallon! __________________ Love + Hardwork + Passion RIP SVTRacer

11-25-2008, 11:03 AM	#12 (permalink)
Nissan370z Base Member Join Date: Nov 2008 Location: Bay Area-CA Posts: 101 Drives: 350z to be sold =( Rep Power: 272	I don't think that they're going to rise that much. A couple of reasons- 1. A certain someone is already going bankrupt, raising gas prices will piss them off more 2. People are already traveling less and going more green (carpool, bus, walking, etc) 3. With the financial situation, people aren't buying cars (can't get loans). If gas goes up again, then people won't purchase them at all (except the 370z =) ..but you get what I mean) 4. Etc. 5. Yes, I would still get the new Z __________________ Enjoying life to the fullest

11-25-2008, 11:04 AM	#13 (permalink)
Nissan370z Base Member Join Date: Nov 2008 Location: Bay Area-CA Posts: 101 Drives: 350z to be sold =( Rep Power: 272	Also, in case gas prices do go up, you can use the Z as a weekend car or something and get a v4 for daily driving. But I doubt it'll matter because this car is going to be a blast!! __________________ Enjoying life to the fullest

11-25-2008, 10:10 PM	#15 (permalink)
AK370Z Administrator Join Date: Sep 2008 Location: NJ Posts: 9,930 Drives: 09 370Z MB Sports M6 Rep Power: 10	I don't see gas prices rising again unless there are hurricanes. Blackbullet, you did make a good point. People are smarter now because they have seen it. They have filled their gas tank with $4.35/gallon for regular. Automakers also realized that making gas guzzler is NOT the way to get ahead in the game. I am just hoping everything stays the way it is... Filling up my gas tank with $2.19/gallon premium is __________________ The370Z Signature Pictures ll Want to rock our forum decals on your car? Then click here! ll How to Embed YouTube Videos In a Post STOP! (Hammertime) ll Become a Premium Member Click HERE ll F.A.Q. Are You a Nissan Dealer? Click Here to Become A "Supporting Dealer" and Start Listing Your 370Zs In Our Inventory Section My Monterey Blue Z ll My Exhaust --> My Intake --> G3 Nissan's Official Response Regarding Oil Temp Issue: CLICK HERE Need a Set of Cheap Winter wheels /Tires? Then Visit The Banner Link Below and Place Your Order. You'll Help Keep The370Z Alive.

11-24-2008, 10:15 PM	#9 (permalink)
Darkness Base Member Join Date: Nov 2008 Location: DC area Posts: 5 Rep Power: 17	I see the original poster's point. How long will gas prices stay at their current levels? If they markedly approach a higher level how will that affect the health of sales for a car like this? I would think that people spending above $30,000 for a performance oriented car would be willing to make concessions in fuel economy. I personally wouldn't be deterred.

11-24-2008, 10:28 PM	#10 (permalink)
cstr_Cali Enthusiast Member Join Date: Nov 2008 Location: SoCal Posts: 347 Drives: smoke grey Rep Power: 573	If this thing had a V8 I'd be worried about gas prices, but since it doesn't........................who cares??? I'll tell you one thing; hybrids, battery powered cars.........they're all CRAP. Diesel is the future, diesel is the way to go. I'll never guy an electric car for as long as I'm alive. That is until they make something that convinces me.......completely.

11-25-2008, 04:55 AM	#11 (permalink)
808_370z Base Member Join Date: Nov 2008 Location: Hawaii Posts: 4 Drives: 2007 Toyota Corolla Rep Power: 17	The joys of living in hawaii still about 2.60 ish here

11-25-2008, 06:12 PM	#14 (permalink)
cstr_Cali Enthusiast Member Join Date: Nov 2008 Location: SoCal Posts: 347 Drives: smoke grey Rep Power: 573	^ You've made a HUGE point. The energy sector and automobile industry will never be the same from here on out. We're moving towards not only using more alternative energy, but alternative powertrain technology, and its' not so much the consumer but society that demands it. In addition, (as mentioned) people that once did a lot of commuting in their own personal transportation are looking to other alternatives as both a cost effective and environmentally-friendly means. This isn't something that will be a short lived trend, this is long term. With all of that said car makers will be producing products that consume less and use alternative forms of energy and propulsion. Combine that with a continuing decline in demand for oil gas prices will surely drop continuously over the long term, permanently.