Recently by Eric Peters: On Us vs. Them
Getting 50 MPG out of a gallon of gas has gotten a lot more expensive over the past 20-something years.
Back in 1990, it only cost $5,995 $10,614 in corrected-for-2012 Fed Funny Money. That sum would buy you a new Geo Metro XFi hatchback, a car capable of 53 city, 58 highway (43 city/52 highway using the EPAs latest adjusted standards).
See here, if you dont believe me.
Today, the only new car that can match that mileage is a Toyota Prius hybrid the least expensive version of which the 2013 Prius C has a sticker price of $18,950 in current Fed Funny Money. So, youll pay nearly twice as much to go about as far on a gallon of gas. (Actually, more than that, because it takes about three times the quantity of Fed Funny Money to buy a gallon today vs. back in 1990.)
If Uncle really gave a damn about us as opposed to increasing his power over us dont you think hed encourage more cars like the Metro? Wouldnt they reduce our dependence on foreign oil? Wouldnt they contribute less to global warming by dint of converting less gasoline into carbon dioxide?
In fact, Uncle has done everything conceivable to take such cars off the road. To make them an impossibility. He has legislated and regulated them out of existence. There is nothing comparable to the Metro available new today, nor has there been for at least a decade. Why? Did affordable economical cars (as distinct from todays hybrid cars) suddenly become unsaleable? Or did government make them impossible to sell?
For the entire history of the automobile, from the Model T to the modern era, there were always cheap little cars that got great gas mileage (in relative and real terms). In the deco era of the roaring 20s, Blue Light Special Model Ts mingled with Cords and Auburns. In the 50s, Power Pack dual quad 283 Bel Airs and monstrous Cadillacs shared the road with Nash Metropolitans. In the 60s, there were agile little Corvairs among the mighty muscle cars and by the 70s, Beetles (and Datsun B210s and Civic CVCCs) were literally everywhere.
As recently as the 90s, cars like the Metro abounded. There was the Honda Civic CRX capable of 52 MPG on the highway (47 MPG, adjusted by the EPA to reflect current measuring methods). The 43 MPG Ford Festiva. The 45 MPG Mercury Lynx. There were literally dozens of them, all makes and models.
Now, theyre all gone.
And the only way to save money on gas is to spend a lot of it on a new hybrid.