Used SUVs are dirt cheap!
American automakers are doing horribly in the market these days. The latest report from GM shows that the sale of SUVs, pick-up trucks and mini-vans is down 31 percent. Ford is having the same problem. Pick-up truck sales are down by half. SUV sales are down more than 50 percent, with Explorer falling 57 percent. They were building all these cars because people really wanted them. But the market has shifted and people don’t want cars that guzzle that much gas anymore. GM, Ford and Chrysler simply don’t have those kinds of cars. The upside of this is that the companies are offering great deals on SUVs and bigger cars. If you like driving an SUV and don’t care about the gas cost, you can get a great deal. Used SUVs are literally a steal. Three-year-old SUVs are back on the market at rock-bottom prices because all of the leases are coming back to dealerships and they’re just sitting there.
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