Twinkle, twinkle little lone star
How could Mack Brown go down so far?
In the Big 12 the Sooners faired well
But the Texas Longhorns in clutch games fell
Mack Brown griped and complained to all
But the mountain to climb was way too tall
The Longhorn coach tried to politick the Sooners down
But a neutral computer made Mack Brown frown
So the Longhorns will watch the Big 12 Championship on TV
And will have dreams for a national championship next year---we’ll see.
But for sooner fans, Santa came early as he rode into town and gave Texas fans reason to fight…..
Merry Christmas Oklahoma Sooners-----and you better beat Missouri Saturday night…..
Thursday, December 04, 2008
The Automotive Car Fix---It's the Price Dummy!
Anybody bought a new car lately?
Around Christmas I love seeing those brand new cars with the big red bows on top, thinking that someone went out and purchased a brand new car for a really loved one for a gift.
Never happened to anyone I knew.
And…it won’t happen to me because I don’t spend that much money on a car.
Perhaps that’s what’s wrong with our auto industry---the prices are too high and can’t be justified.
You want to buy a new Cadillac or Lexus, get ready to spend as much as you would for a small home in parts of Oklahoma County. It seems those who spend that much appear unconcerned about debt for something as seemingly insignificant as mere transportation.
Here’s the math, let me know if you agree.
If General Motors produces an electric car at a cost of $40,000 that means a no interest loan for 72 months would be around $555 a month payment.
If I just want a four door vehicle to drive around, I can buy a really good used import for $12,000 that I can pay off in 72 months for $166 a month. At $3 a gallon, I can fill the 12 gallon tank twice and drive more than 700 miles a month for another $100. My monthly costs for transportation would be around $266 and total costs for six years would be $19,152, half the costs for the estimated price of the GM electric car.
It seems to me it would be difficult to justify the cost of a car for more than $15,000, but over the past years we have seen prices for domestic cars increase far beyond what the average citizen can afford.
Around Christmas I love seeing those brand new cars with the big red bows on top, thinking that someone went out and purchased a brand new car for a really loved one for a gift.
Never happened to anyone I knew.
And…it won’t happen to me because I don’t spend that much money on a car.
Perhaps that’s what’s wrong with our auto industry---the prices are too high and can’t be justified.
You want to buy a new Cadillac or Lexus, get ready to spend as much as you would for a small home in parts of Oklahoma County. It seems those who spend that much appear unconcerned about debt for something as seemingly insignificant as mere transportation.
Here’s the math, let me know if you agree.
If General Motors produces an electric car at a cost of $40,000 that means a no interest loan for 72 months would be around $555 a month payment.
If I just want a four door vehicle to drive around, I can buy a really good used import for $12,000 that I can pay off in 72 months for $166 a month. At $3 a gallon, I can fill the 12 gallon tank twice and drive more than 700 miles a month for another $100. My monthly costs for transportation would be around $266 and total costs for six years would be $19,152, half the costs for the estimated price of the GM electric car.
It seems to me it would be difficult to justify the cost of a car for more than $15,000, but over the past years we have seen prices for domestic cars increase far beyond what the average citizen can afford.
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