• Apr 30, 2008

Thinking of trading your gas-guzzling SUV in for something smaller, a bit more fuel efficient? You are not alone. The rocketing cost of gasoline, and diesel fuel, is having a ripple effect on the SUV market. With consumers trading in their behemoths by the thousands in exchange for more frugal transportation, dealers are stuck with a surplus of unwanted sport-utes sitting on their lots with values dissolving.

Diesel-burning trucks aren't immune either. As diesel fuel costs hovering about fifty cents per-gallon above gasoline, some of the bigger oil-burning SUVs and trucks are losing measurable resale by the day. Overall, according to CNW Marketing Research, used SUV sales were down 14% in March alone. With any surplus, come big discounts. It may be a ghastly time to fill a 30-gallon tank on an SUV, but it is the perfect time to negotiate with a dealer for that seven-passenger family truckster you've been fancying. No need to hurry -- there will be an even better selection tomorrow.

Thanks to Jim for the tip!

[Source: U.S. News and World Report]



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  • 124 Comments
      • 6 Years Ago
      Problem here is labelers.

      All SUV haters are "tree huggers"
      All SUV lovers are "tree trashers".

      I think though the problem is the attitude of some of those here that think "If I can afford it I dont care about gas prices or driving big SUVs." Its an irresponsible attitude to have such a selfish thought process in today's world. We just are not that far off from total economic and global destruction due to global warming, food prices, bees dying, etc. Pretty soon, governments, religions, borders are just not going to matter when it comes down to the simple survival of the human race as a species. We are no more immune to extinction than the polar bears. We will all have to sacrifice for our simple continuance in the world, and this means thinking past our own houses' fence lines and into the yard of our neighbour and the neighbours thousands of miles away.
      • 6 Years Ago
      maybe now i will be able to see into the distance instead of the back end of a gas guzzler. good bye gas sucking behemoths.
        • 6 Years Ago
        I hate to say it...but this is hardly goodbye to big SUV's. There are still millions and millions of them on the road.

        No matter the gas prices...some people are going to continue driving their minivans and trucks for utility and or convenience.

        You can't tow a boat with a stupid Prius or a minivan.
          • 6 Years Ago
          I can tow both a boat and my car to track, with my minivan. A modern minivan has the same power specs as a truck from the 80's with a V8...and people towed back then with those.
        • 6 Years Ago
        I enjoy doing things on a spur without a weeks worth of planning, I like the fact that I can load my ATV in the back of my FULL SIZE TRUCK and not have the whole interior smell like tires!. Oh and i like surviving accidents, It's taken two hits already and it's still going strong, I feel sorry for people in small cars. Best bet keep the SUV and get the econobox to burn out on the daily commute.
        • 6 Years Ago
        You can tow a boat with a minivan. Heck, I've see 90hp TDI Golfs in Europe pulling camping trailers that North Americans seem to think require a F-350 dually.

        There's another dirty little secret of towing: unless you're a landscaper, you probably don't need to do it every day. You can (and I have) rented hitch-equipped trucks from U-Haul and Discount when I've towed and, with a little planning, most people can do the same. You buy a car based on what you need it to do every day, on average, not something you might have to do a few times during year.

        The nice thing about buying cars this way is that, instead of spending money on things like four-wheel drive, larger cabin size or bigger engines, you could spend the same amount of money on something with features that you'll use and appreciate daily, like a quality stereo, great handling, comforable seats and a nice interior.

        Seriously, given the choice: a Tahoe, that you'll only need the abilities of twice a year, or a 335i, that you'll love driving every damn day. I know what I'd pick.
          • 6 Years Ago
          There is more to towing that simply strapping a hitch ball to a golf, and towing your camper to the campground, or hauling your 24 foot boat to the local lake.

          Suspension. Don't want that thing dragging on the ground.

          BRAKES. Doesn't do much good if the car can't stop it's total vehicle weight. it causes accidents, and mechanical failures.

          Power is an issue. If it can't pull itself from an uphill standing start, that can be a problem. And even if it can, it may be doing damage to itself, if it isn't robust enough.

          It is called SAFETY, and there is more to it than just hookin' up and drivin' off.
        • 6 Years Ago
        what he said.
        • 6 Years Ago
        Know We get back to market fundamentals when people buy cars based on need. I think gas prices and the economy could send large truck/SUV sales down another 30% for the rest of the year. Boat sales and recreational vehicles will also slow so there will be less to tow.
        • 6 Years Ago
        I agree, a good percentage of SUV drivers are ''stupid'', cocky, whatever you want to call it. But then there are people like myself that need one. Luckily, I could compromise and I got the Magnum R/T. Lots of room for my family, luggage and towing. I only drive it when necessary, otherwise I'm in the Neon!

        I am however looking for a Durango for work. Again, I need big towing, and room for my crew. Just don't hate on me because I need it :p
      • 6 Years Ago
      So, did my little roadster go up in value? Are electric cars worth more now? Or does the recession hurt all cars, with the SUVs getting hit even worse from high gas prices.

      This is like the late 70's all over again. I remember massive Caddys in very good condition going for a song.

      Meanwhile sales of the hybrid Camry are up 40%, now selling more than the V6 version.
        • 6 Years Ago
        If Honda would fix the transmission selector in the Odyssey, so that you can lock out 5th gear, it should tow very well.
        currently Honda has their button lock out 5th & 4th gear. Driving around in 3rd gear just stinks, the gearing is too short.
      • 6 Years Ago
      This goes to show you don't need a bunch of useless government CAFE laws to mandate the fleet. When you hit people in the pocketbook with big gasoline bills, supply and demand will necessitate the need for smaller cars on the road. I read a few years ago $4/gallon was about the tipping point for the move to smaller cars and that's what we see now.
        • 6 Years Ago
        History may well show that the 2007 CAFE increase saved the (two surviving) Detroit automakers from extinction.
      • 6 Years Ago
      Wow, lots of trolls on here today, huh? Is junior high out on holiday this week, or is it just study hall?
      • 6 Years Ago
      Didn't we go through this before? A few years back gas prices spiked, and SUV owners drove less or traded their vehicles for a car. Then gas prices dipped, former SUV owners traded their cars for an SUV again. Lather, rinse, repeat.

      My guess is that auto makers, particularly GM, will be offering massive discounts and rebates to help increase SUV sales and lure former SUV owners back later this year.

      And @tpp nailed it right on the head. I personally love trucks and SUV's. I just hate most of the people that drive them because they do so in an unsafe/careless manner.

      And to all SUV drivers.. please stay out of the left lane! Left lane is for passing.
        • 6 Years Ago
        Agreed, R, except now rather then admit they cant afford it now, they decide to sell that SUV to"go green". Since SUV's were making up half the market, that means half the readers here probably owned, or own and SUV. I love my H2, as long as this is America, I will keep driving it. Too bad that is all still inconcmusive to what works and does not, as shown by the battery argument here.
      • 6 Years Ago
      HAAAAAAAAAAAAAAAAAAAAAA!!!!!!!!!
      HAAAAAAAAAAAAAAAAAAAA!!!!!
      • 6 Years Ago
      at this point, we're screwed. Forget about SUVs and all that jazz, whatever we conserve, the Chinese and Indians will consume.
      • 6 Years Ago
      LOL, good times, this was posted just to get this crap started, which never ends. Have fun arguing over nothing.
      • 6 Years Ago
      The trade in value on SUVs/Trucks has indeed been destroyed. One guy that wanted to trade in the last gen Sequioa in late 07, came back into the dealer and when he saw the new value, he crapped his pants. Toyotas and Hondas arent safe. The value of everything that guzzles gas is down. Even Sporty V6 cars is pretty bad.
      • 6 Years Ago
      I'm in construction, and I can't help but notice that late '80s F-250s did everything we ever need to do, and yet the new ones look twice as large. We're also annoyed by how tall the sides are on the newest models (our newest trucks are still previous-gen).

      Most people - and a lot of companies, too - could stand to go down a size. That's what's going to start happening, not Tahoe owners buying Fits and Yarises. There are more Rav4s and CR-Vs than ever, and more companies are entering that segment. Accords are large enough for full-sized Americans. People are moving towards vehicles with mpg in the 20s and hey, it's a good thing.
      • 6 Years Ago
      Wow!!!
      Why are people so pissed about trucks and suv's ? I happen to love cars,trucks,suv's I just find it strange to pick on large trucks and suv's. It seems small car owners are writing negative remarks because they or it sounds like they are ignorant and I feel they are jealous..they cant afford to buy one new nor a cheaper used one, let alone to pay for the gas.People buy them for comfort,safety,excellent visibility and room and they just look better than 98% of new cars today.I dont like being all cramped when I drive a small even mid size car,or ride around in someones small unsafe Prius (death trap)...usually people take the fuel mileage into consideration when they buy a truck,but the pro's out number the cons.. I have trucks and cars and so according to ignorant,arrogant people up here,when I drive my truck you guys hate me but if I drive a car Im in your so called cool crowd..This absolutely makes my next new vehicle a full size truck,yep cars are gone more trucks for me...because I cant stand the way car people are so stuck up..unbelievable..really... I am ashamed to drive around in a car after reading these juvenile remarks..
        • 6 Years Ago
        That is a thoughtful opinion - I am a brainless moron who's easily manipulated by anonymous trolls on an Internet forum into buying something.
        • 6 Years Ago
        I live in a major metropolitan area where there is NO reason whatsoever for anyone to have an SUV. But that's fine, the wealthy or wannabe wealthy always find the most obscene things to show off their affluence. If not SUVs, then something else. That's not my problem.

        I hate SUVs, because they make my life more dangerous.

        They obstruct my visibility on the highways and intersections. I'm especially fond of them when they are street parked in the corner blocking the view of everyone approaching the intersection. It's dangerous.

        A good percentage of SUV drivers (especially the monster sized ones, like the Escalade) can not drive them. They don't see anything around them, they can't make turns on them (25-point turn anyone?) and they can't park them. Meanwhile they are not the ones suffering from their poor driving, because they're driving the biggest mfing tank on the road, so they always have the right of way, so to speak.

        And while everyone and their dogs spout how "safe" these cars are. Well, yeah, if your inside one, sure. However, when you're the other party in an accident with an SUV and you're in a normal sized car, it's not very safe is it?

        So, yes, driving around in my neighborhood (again, a major metropolitan city with no need for SUVs) I do hate SUVs and their drivers. A lot. They, unnecessarily, make my life more dangerous. I think that's a pretty good reason to hate them.
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