XK / XKR ( X150 ) 2006 - 2014

will high fuel prices affect XKR resale values?

Old Mar 6, 2022 | 08:24 PM
  #21  
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I just gave up the reigns on mine being a daily however from 2015 to last month it was my daily
 
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Old Mar 7, 2022 | 03:44 AM
  #22  
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Originally Posted by silvertonesx24
Fuel prices don't really affect non daily drivers. You can pick and choose how much you drive them if it's a concern. Who buys a used XKR to daily drive?

XKR values are really the least concerning scenario with a fuel cost hike.
Me 😁 I drive it everyday. Put about 24k mi on it since I bought it late 2020. Fuel price here is about ~4.50US/gal, so bit pricey but not horrible. Had a Ram 2500 that got way worse fuel economy and not near as fun to drive.
 
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Old Mar 7, 2022 | 07:26 AM
  #23  
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Originally Posted by DGL
If you're concerned about the price of gas you should not be driving a luxury car--you can't afford it.
I would rephrase; you don't want to afford it.
My gas price jumped from 3.39gal last week to 4.09 this week. Gas prices raised while the oil is still enroute... nothing new but profit takers should be brought under control.
wj
 
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Old Mar 7, 2022 | 11:20 AM
  #24  
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I'd be more concerned on inventory of cars for sale (supply chain issues) and inflation increased prices. 6 months could be more expensive and less to choose from than now.
 
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Old Mar 7, 2022 | 11:25 AM
  #25  
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Gas for XKR approaching $ 2 bucks a litre a gallon in Canada, about 9-10 bucks a gallon. Not many miles will be going on mine this summer.
 
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Old Mar 7, 2022 | 02:45 PM
  #26  
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Originally Posted by Canadacat
Gas for XKR approaching $ 2 bucks a litre a gallon in Canada, about 9-10 bucks a gallon. Not many miles will be going on mine this summer.
If the world keeps going in this direction you won't have to worry about the price of gas--there won't be a world. World War III may have already started.
 
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Old Mar 7, 2022 | 07:45 PM
  #27  
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I bought an 2015 F Type R two weeks ago knowing that gas prices would go up with the "war" immanent. It was the least of my worries when considering buying an F Type. So, no, I doubt fuel pricings will dissuade anyone making a clearly emotional purchase. LOL
 
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Old Mar 7, 2022 | 10:57 PM
  #28  
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Originally Posted by wymjym
I would rephrase; you don't want to afford it.
My gas price jumped from 3.39gal last week to 4.09 this week. Gas prices raised while the oil is still enroute... nothing new but profit takers should be brought under control.
wj
It has been a while since I took econ, but from what I remember oil refineries and gas stations use a combination of replacement and inventory cost to determine prices. That is why they can fluctuate so quickly.
In April 2020 the demand was so low that price of oil was negative but, of course, gas wasn't free since it still costs money to process, transport, and store.
That said...I'm still cynical enough to think that some profit taking is happening, but I'm fine with it since they are looking at significant risk and volatility for the foreseeable future. Not a business I would want to be in right now.

Edit: Oh, and I have no intention of selling my XKR any time soon. I'll still take it for scenic drives when the weather is nice no matter how much the fuel costs.
 

Last edited by Kizik; Mar 7, 2022 at 11:01 PM.
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Old Mar 8, 2022 | 07:07 AM
  #29  
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The price of gas will and should go alot higher as Russia becomes more isolated from oil and natural gas embargoes. Over 70% of Americans support an oil and natural gas embargo on Russia. The world needs to stop feeding Putin's deranged agression. Paying more for gas is a small cost for world peace and humanity.

The US and Canada have vast resources of oil and gas. They just need a bit of time to start pumping and adjust. Canada holds all the oil America needs with no way to get it to market because of political choices. The Keystone XL pipe line was concelled with only 6 months to complete it. Even Elon Musk who manufactures EVs said we need a buffer infrastructure for energy stability. Politicians think short-term.
 

Last edited by DGL; Mar 8, 2022 at 07:17 AM.
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Old Mar 8, 2022 | 09:03 AM
  #30  
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Premium fuel like we use in our XK/XKRs has now reached $6.00/gallon in Los Angeles. Yesterday, when I filled up my tank and crossed the $100. barrier, I did think about it. And although it won't stop me from driving my XKR everyday, I will probably be pickier about the trips I take, eliminating the more unnecessary ones. Would even higher prices persuade me to sell my XKR? Of course not! I would sell my Pantera and my GTO before I would get rid of the XKR. Someday when I pass, it will still be in my ownership, it's been that enjoyable a car to own and drive.

My advice would be that if you want one, find a good one and buy it now, and then enjoy it. Counting on gas pricing to bring the value down will only mean you'll be making up the lower purchase price (if it happens) with higher operating costs. And during the time that you're waiting to see if prices drop, you'll not be enjoying a truly fantastic automobile. How much is happiness worth?
 
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Old Mar 8, 2022 | 11:20 AM
  #31  
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Of course there will be people who decide to not buy V8 gas guzzlers when the price of petrol increases. This cycle happens every time there is a run up in fuel prices. Will it be enough to affect the price of the XK or XKR, who knows about that when the price is already inflated because of used car demand. It usually does affect new car purchases, people move to buying EV or more fuel efficient vehicles.

I hate all politicians and their decisions are usually self serving, but this run up in gas price is simple to see. I look at the current record profit level of the US oil companies and the huge bonuses paid to their fat-cat executives. Price of gas does not affect me, but I am not poor, as it doesn't for many on here. It is profit taking at the expense of the consumer and it most hurts lower income. The US Gov't doesn't control oil output, private companies do and they are setting the levels to best benefit themselves. Yeah they spout off about pivoting to clean initiatives all the while pumping 16% less than 2019. Add market uncertainty and it gets messy.
 
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Old Mar 8, 2022 | 09:45 PM
  #32  
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Meh....I have twin 502 8.2L motors on my boat and a 297 gallon tank. If it needs to be fed, it needs to eat. IMHO, a car is an extension of you, and I aint no Prius driver. Its expensive to be vain hahaha.
 
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Old Mar 8, 2022 | 10:40 PM
  #33  
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When I fill up my pickup it takes over $175. That gets me about 500 miles. Don't talk crazy about XKRs.
 
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Old Mar 9, 2022 | 02:56 AM
  #34  
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In my view (and experience), the XKRs are remarkably efficient cars when used as GT cars. This changes only when they are abused to compete with 911 Turbo’s on tracks which they were not designed for.

And, btw, yesterday morning Diesel at a German Autobahn gas station at 2.669 Euro/liter.
 
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Old Mar 9, 2022 | 07:28 AM
  #35  
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The XKR gets fair mileage per gallon and I don’t drive a whole lot anymore. An extra $ 20 or more a fill up is no big deal to me given the high fun per mile the car provides (and way beats walking to the market.)
As with lear60man’s boat, filling our 275 US gallon heating oil tank next week will be a chunk of cash as yesterday’s state average was $4.88/gallon. Heat and hot water for the house are not optional though but at least that fill should get us to the Fall.
 
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Old Mar 9, 2022 | 08:43 AM
  #36  
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XKR is pretty efficient for what it is and for how many miles per year I drive it the fuel costs aren't terrible at all.
 
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