“Forever is composed of nows”

Emily Dickinson

Honda thinks my new Civic will be worth $12,000 three years from now. I don’t think so. Here’s why.

Gas is inevitably going up up up because of emerging, energy-hungry markets in Asia and the rest of the world.

Higher Demand+ Limited Supply= Higher Prices.

A car that gets ‘only’ 25/36 MPG won’t be in demand.

New car technology, including plug-in hybrids, will be the standard because the demand will be intense and the technology exists now.

As the Car Lady pointed out in a recent comment, leasing is definitely the way to go right now because of these factors. Things are changing so fast that you can’t risk owning an expensive piece of equipment that will become outdated before it is even paid for.

Welcome to the future.