Chevy Volt Resale

According to Kelly Blue Book, the resale value on the new Chevrolet Volt will be around $17,000 after 36 months.   I am not very leary of this forecast.  I think the resale value of a Chevrolet Volt will be highly dependent on the price of gas in three years.   If the price of petrol plummets to $2.00/gallon, then I can see the value of the car declining since people are not interested in high fuel mileage when gas prices are low.  Yes, Americans are that short sighted.  For further proof, look at the sales of trucks and SUV's.  As gas prices swing widely, their sales swing widely with the price of gas.   Anyway, back to the Volt.   There is a positive correlation to the resale value of small cars and hybrids and the price of petrol.  When the price of one rises, sales of the other rise.

Look at this scenario.   Gas is $5.90/gallon.   Which vehicle would be more desireable?  A Chevrolet Volt, that goes an estimated 1,000 miles between fill ups, or a Toyota Prius, a vehicle that goes an estimated 500 miles between fill ups?  For my money, I would want the Volt and I believe many others would as well because it would be more efficient.

Article can be found at Autoblog

Truck guy

My 2009 Silverado LT Z-71 4x4 - Pic taken 11/2009.

I get irritated with people who have knew me as a kid.  They not only treat me the same way but they gasp when they see that I drive a pickup truck.  I hear comments like, "You're not a truck guy." or "That's not you."

Enter my interest in sociology and psychology.  Human behavior is something I'll never fully understand but it's interesting to watch and experience.

My full driveway - Denali, ESV, and Silverado

Because they people knew me as the fat, insecure, selflessly people pleasing person I used to be, they still treat me the same way.  It doesn't occur to them at all that people do evolve over time especially as they become adults.  I'm well into adulthood now.   You would think they'd treat me as a stranger. . as I treat them.  I guess it's just easier for them to treat me the same way they always had; or they fear the fact that someone they once knew is now a stranger.  It happens as people go through life.

As for trucks not being me.  They are!  I love the versatility and practicality of a truck.  I love that I get get it slap covered with mud and clean it up and head to a fancy restaurant in the same day.   One of my vehicles will always be a pickup truck.  They fit my practical side and my fun side.   I make no apologies for it.  In fact, I am proud of it.