Probably be worth more, to those that can afford them still. I was reading about the price of SUVs going into the dumper lately. People who can't afford to fuel them are trying to sell em off, perhaps to hang onto their homes for one more month's mortgage payment.. Or maybe they simply need a cheaper place to live: It's hard to pay for fuel for your "home" (SUV) when you are already out of the house and living in your auto on the street. I have a friend who lives in an one of those tiny Honda hatchbacks now..Unemployed carpenter...At least he gets good mileage. That's gotta be tough...First your house is foreclosed, so you move into the Escalade, the Yukon, the Tundra, the Excursion, the Tahoe..whatever... you bought on time...but the payments for that are now more than you can swing, if you must also gas it up (at about $150 per couple a hundred miles) and move from Wal Mart to Wal Mart ahead of the cops..And, of course, after already having made a few years of those payments, you still owe much more than the kelly blue book price..not that that has any relevancy in this economy.. Doom and gloom...Glad I have my Vanagon already... Don Hanson |
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