Time to buy an SUV?

It might seem counterintuitive, but Bankrate.com is telling folks to go out and buy big, gas guzzling SUVs— at least the used ones. The reason for this is that with consumers dropping their big SUVs for gas-sipping cars and employee pricing discounts urging everybody and their brother to go buy a new car, late-model SUVs are flooding the market, and nobody wants them. With the law of supply and demand such that it is, Bankrate.com argues that you’ll save a large enough amount of money in purchasing the car that $50 fill-ups aren’t a big deal. At least until gas prices go back up. We’re not so sure that’s a risk we’d be willing to take unless we were already shopping for one of these big guys. Thanks to Ryan for the tip.

By Erin Mays
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It might seem counterintuitive, but
Bankrate.com is telling folks to go
out and buy big, gas guzzling SUVs — at least the used ones. The reason for this is that with consumers dropping their
big SUVs for gas-sipping cars and employee pricing discounts urging everybody and their brother to go buy a new car,
late-model SUVs are flooding the market, and nobody wants them. With the law of supply and demand such that it is,
Bankrate.com argues that you’ll save a large enough amount of money in purchasing the car that $50 fill-ups aren’t a
big deal. At least until gas prices go back up. We’re not so sure that’s a risk we’d be willing to take unless we were
already shopping for one of these big guys.

Thanks to Ryan for the tip.