Revelation whilst at Maxfund

29 Apr

Whilst at Maxfund, I was speaking with one of the women whom worked there, and naturally (teehee) the convo drifted to older cars (she wasn’t very young). I learned that a car in the mid 60s would get similar highway fuel economy as a new economy car. I was thinking, “but that was the 60s, they shouldn’t have had that kind of efficiency, a Ford Galaxy was/is a boat and should’ve done like 12mpg on the highway, not 28-29 fully loaded”. She then told me how fuel companies are buying all the patents for newer engines that auto makers invent (not something I’ve never heard my dad say numerous times) before the public or even the auto maker can even think about actually producing anything. It’s hard to imagine what kind of vehicles we could be driving right now if it weren’t for the oil companies keeping us in a fuel consuming automotive technological stone age.

We also discussed how it’s nearly impossible today to tell what kind of modern car the average new car driving down the street is. Many today if not most are a discombobulation of designs from probably 4 different companies. A few prime examples are the Cadillacs from the front which look like a Mercedez, or the new Ford Focus which uses an Astin-Martin designed front grill. Or I swear, whatever kind of car that now looks like a Mazda, and is really not even closed to price the same.

I then asked if people traded their cars in every 7-10 years like today, and she informed me that cars back then were traded in every 3-4 years. I don’t exactly know if the average wage paid was much more in comparison to the car’s cost of $2,400., which is almost exactly what my dad paid for his Ranchero new. I’m like, well a good multiplier would be moving the comma over to the right one position, and adding a zero to the right most zero before the period. 

Oh yeh, the average fuel company is reporting 1,200% quarterly profit. That’s almost twice what the average startup does who has an absolutely fantastic time post IPO. 



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