Arizona Discount Travel Blog

Gas-guzzling SUV’s – Dealers won’t accept them as trade-ins now

By Associated Press – April 26, 2008

This is amusing to me, especially since so many women just HAD TO HAVE AN SUV … most of them can’t see over the steering wheel, much less park one CENTERED between 2 white stripes on any parking lot … As gas prices rise, trade-in value of SUVs drop … you’re going to have to drive that thing into the ground …

For used-car dealer Ivan Hoyos, accepting a sport-utility vehicle as a trade-in is no longer good business.

“Nobody is buying used SUVs,” said Hoyos, 35, who stopped accepting them six months ago.

“The truth is more and more dealers are staying away from used SUVs and large trucks … it doesn’t pay; you can’t have a unit sitting on the lot forever.”

Independent used-car dealers and massive chains like AutoNation Inc. are having trouble selling used SUV’s

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April 27, 2008 - Posted by | In the news

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