Members
Not a member? Join now!

Site navigation


 

Wheel Deal: November

From November 2005

Community Comments

Spark a community dialogue. Be the first to contribute by adding your comments.

Despite Gas Prices... Muscle-Car Sales

Get Pumped Up

By Art Garcia

Stumped at the pump by prices that top off at more than $3 a gallon while the big oil companies turn in quarterly profits of a billion dollars? You can get mad, get a car with a hybrid engine; you can ride a bike or horse to work; or you can just get over it.
     Or do as the wealthy and don’t sweat runaway prices and obscene profits. In economic crunches, there are always some who don’t feel a financial pinch. Miles per gallon? Not a concern for those with hefty pocketbooks.
     Despite rising fuel prices, there isn’t a 2005 Hummer model left on Ken Austin’s Hummer of Sacramento lot at Fulton and El Camino avenues in Sacramento. A year ago, Austin, general sales manager of the Mike Daugherty Chevrolet-owned dealership — the only Hummer outlet between San Francisco and Portland, Ore., averaged monthly sales of 40 to 50 SUVs and SUTs, the latter offering a small truck bed.
     He’s rolling out sales of about 70 Hummers a month. The only nod to higher gas prices is the new ’06 smaller H3, (a bit larger than a Chevy Trailblazer SUV) with a 3.5-liter inline 5-cylinder engine. Mileage depends on the driver but the H3 has the best fuel economy in the Hummer line. Window sticker price is between $29,500 and $42,000, although some Bay Area dealers are marking them up two grand or so. Austin says his shop sticks to the sticker price.
Continued...

1 2 3 Next »

Recommend This

Recommend It:
Average: (0 votes)
  • Currently 0/5 Stars.
Have a story idea? Let us know.

Community Comments

  1. Spark a community dialogue. Be the first to contribute by adding your comments.
Posting a comment is a member benefit. Members . Not a member? Join now!.
 
 
 
 

Prosper Plus +

  • Get Prosper Plus to receive e-mail alerts, special event invites, and content that interests you.

Community

Advertise on this site! Show your support for the Prosper Network and reach influential thought leaders and web users like yourself. Contact us to find out how.


The materials on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Prosper Media, LLC.

Member Sign In

Not a member yet? Join now. It's FREE and only takes a minute.

  Forgot your password?

Remember me (on this computer)

  Cancel