Great Deals on SUV's ?

[AMISLANDER]

Anyone been following the Wall Street Journal report on this?

LSS: it's about being able to get a great deal on luxury SUV's/trucks...

[Cali]

The reason there are so many deals on SUV's is because no one wants them anymore. I am so ready to get rid of mine. Here are two articles I read today about SUV's.

The Death of the SUV http://buzz.yahoo.com/buzzlog/91472

GM closing 4 truck and SUV plants in North America http://news.yahoo.com/s/ap/20080603/...m_shareholders

[HRx]

Dealerships can't seem to even give away SUVs right now! The poor fuel efficiency, in relation to high gas prices of SUV's are the primary reason. There will be thousands of people upside down on thier SUV/Truck loans because of the rapid depreciation these vehicles. Owners who traded in thier SUV/Trucks for more fuel efficient cars are upside too. The high percentage of car owners upside on thier loans will be another issue that will hurt the finance industry too.

GM is also going to sell thier Hummer line too! lol Anything with a V8 engine is basically going to experience rapid depreciation is price. Great time to buy an SUV if you will not need to drive it very much.

[Summerbreeze]

I have one trying to decide should I keep it or try to get another car, will be filing chapter 7 in Aug. still owe little over 17K. Wonder will credit union make a deal with me, maybe not because I'm not keeping their credit card.

[Cali]

That would be my SUV. Premium V8 sucks gas like water.

Hubby's truck is pretty good on gas.

Dealerships can't seem to even give away SUVs right now! The poor fuel efficiency, in relation to high gas prices of SUV's are the primary reason. There will be thousands of people upside down on thier SUV/Truck loans because of the rapid depreciation these vehicles. Owners who traded in thier SUV/Trucks for more fuel efficient cars are upside too. The high percentage of car owners upside on thier loans will be another issue that will hurt the finance industry too.

GM is also going to sell thier Hummer line too! lol Anything with a V8 engine is basically going to experience rapid depreciation is price. Great time to buy an SUV if you will not need to drive it very much.

[BKOnce]

Now is the time to invest in Car-Estate... yep... buy them, store them, remodel them, protect them,... and wait.. wait... many decades (40 years) later to sell back in their "pristine" shining conditions for much higher prices... as "classic" SUVs at the Texas "antique car" show of a life time...Nah, maybe not a good idea!.. LOL

[momof5]

I have a smaller sized SUV. What a gas hog! We are only keeping it because its bought and paid for.


My husband likes to say " How many gallons to the mile does the SUV get?"

[AMISLANDER]

I have a smaller sized SUV. What a gas hog! We are only keeping it because its bought and paid for.


My husband likes to say " How many gallons to the mile does the SUV get?"

I "so" fought to keep my 4Runner (paid off) during my bankruptcy...should have let the trustee take it off my hands.

I really don't want to trade it at the moment while I have cc debt...( not much, we're talking under $1K)...thought I'd wait till fall & then trade it in on something, or sell it privately...

I do get 20 mpg because if I drive to work (20 mile rt), the fastest I go is 45 on LBK and then I set it to cruise...and since I've decided to take the bus M-TH, the only day I drive to work is Fri...so I can deal with the gas that way....

[jerzey]

I have one trying to decide should I keep it or try to get another car, will be filing chapter 7 in Aug. still owe little over 17K. Wonder will credit union make a deal with me, maybe not because I'm not keeping their credit card.

do the math

[JRScott]

Even if they gave you the SUV for free, in the long run you'd spend more money due to gas .