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Question of the Day: How do you normally pay for purchases in stores?
The Fuel Price Hike Thread
- Thread starter LazyLion
- Start date
LazyLion
King of de Jungle
EWN Breaking News: All grades of petrol will increase by 39c/l, while diesel will rise by 24c/l from Wednesday.
OrbitalDawn
Ulysses Everett McGill
ToxicBunny
Oi! Leave me out of this...
Fek me... They like making this living thing a challenge don't they?
Time to look for cheaper transport.
supersunbird
Honorary Master
Indeed, he could get 6.5 to 7l/100km from say a Ford Figo, instead of his current 11.5l/100km.
A VW 1.9TDi can give him 4.5 to 5km/100l or 4.3/100km from a 1.4 Citroen C3.
But yes, one has to do the sums on how long it would take for the fuel economy to be worth spending money on another vehicle and that all depends on how far he drive on average a day.
ToxicBunny
Oi! Leave me out of this...
700 for a tank? I hate you..
I'm knocking on 1000 per tank ATM and this increase will push it over that. Time to contemplate buying a second much smaller car just to so the work run
supersunbird
Honorary Master
Must have a big tank, but one needs to know how much kms you get out of the tank for it to be relevant, but I assume its heavy.
akescpt
Honorary Master
Can someone create a spreadsheet for this calculation? The wife is bothering me now. I like my 1995 316i dammit! I think it will take long time before it's cheaper to create debt!
supersunbird
Honorary Master
Sorry, not good with spreadsheet formula creation.
Basically one has to have the R price difference, then calculate the R cost of the fuel consumption difference (and one can only use the current fuel price, you don't know how it could change) and then use the KMs travelled annually, but I forgot the formula at the moment
Basically one has to have the R price difference, then calculate the R cost of the fuel consumption difference (and one can only use the current fuel price, you don't know how it could change) and then use the KMs travelled annually, but I forgot the formula at the moment
Sinbad
Honorary Master
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I bought a smaller car. It backfired. The consumption is worse than on my ml320 :O
ToxicBunny
Oi! Leave me out of this...
75l tank... Gets 70l most of the time... Get around 650 a tank. The joys of driving a huge ass 2.5l diesel double cab over 60kms per day just to get to and from work
supersunbird
Honorary Master
Yes, of course if one goes and buys, lets say a Golf 3 VR6, is wont save in fuel costs
, even if its smaller.
ToxicBunny
Oi! Leave me out of this...
I've just bought my gf a 2003 Opel corsa 1.4... She should get about 550 on a 45l tank...
So rough Maths at today's petrol price. I'm paying 13 per liter of diesel. I get 650 on a tank and fill up 3 times a month. So round it up to 2800 per month on diesel. With her smaller car I'd fill up 3.5 times a month, at 13.20 per liter, so round that up to 2100.i'd save r700 per month on fuel alone, and be able to pay off the car on the fuel savings in just over 2 and a half years at today's price. Damn this is actually looking more and more like a good idea ATM.
supersunbird
Honorary Master
Ranger is it? I would love an older 4l for holidays. And my commute is 100km per day :/
Anyway, I think the price will go to R15 per litre, demand for oil will increase, and thus its price, as the developed worlds stumbles back into growth.
ToxicBunny
Oi! Leave me out of this...
Mazda drifter... So a rebadged ranger
Agreed would also love one of the old 4l beasts.
R15 a liter is gonna hurt but hey there is not much we can do about it except make plans. I'm already doing a lift club, will just have to expand it I reckon
supersunbird
Honorary Master
Mazda drifter... So a rebadged ranger
Agreed would also love one of the old 4l beasts.
R15 a liter is gonna hurt but hey there is not much we can do about it except make plans. I'm already doing a lift club, will just have to expand it I reckon
It might even hit R16 a liter this year if the rand weakens too much.
My one theory is that the high oil price contributed to the economic crisis in 2008.
I think it's more a contributor to the slow growth, than any crash.
LazyLion
King of de Jungle
Petrol price could reach R16/L : AA
If the rand's depreciation continued unchecked, a petrol price of R16 per litre was possible in the medium-term, the Automobile Association said on Monday.
"On December 27, a dollar cost R10.35. By January 27 it cost R11.20.
"Meanwhile, international petroleum prices have ticked up slightly since our last review of fuel price trends in mid-January, so it's a double whammy for motorists," the AA said in a statement.
Last week, SA Reserve Bank governor Gill Marcus said the weak rand exchange rate affected the petrol price, which in December and January increased by an accumulative 55 cents per litre.
A further increase in the petrol price of 30 cents per litre was expected in February due to the weak exchange rate.
The AA expressed concern that the knock-on inflationary effect of the recent fuel price hikes would send further shocks into the economy.
Last year's credit data showed that almost half of credit-active consumers had an "impaired" credit record.
"We believe it will be very difficult for such people to absorb the effects of ongoing fuel price increases," the AA said.
Source : Sapa /gq/fg/hdw/ar/jk
Date : 03 Feb 2014 12:38
If the rand's depreciation continued unchecked, a petrol price of R16 per litre was possible in the medium-term, the Automobile Association said on Monday.
"On December 27, a dollar cost R10.35. By January 27 it cost R11.20.
"Meanwhile, international petroleum prices have ticked up slightly since our last review of fuel price trends in mid-January, so it's a double whammy for motorists," the AA said in a statement.
Last week, SA Reserve Bank governor Gill Marcus said the weak rand exchange rate affected the petrol price, which in December and January increased by an accumulative 55 cents per litre.
A further increase in the petrol price of 30 cents per litre was expected in February due to the weak exchange rate.
The AA expressed concern that the knock-on inflationary effect of the recent fuel price hikes would send further shocks into the economy.
Last year's credit data showed that almost half of credit-active consumers had an "impaired" credit record.
"We believe it will be very difficult for such people to absorb the effects of ongoing fuel price increases," the AA said.
Source : Sapa /gq/fg/hdw/ar/jk
Date : 03 Feb 2014 12:38