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Automotive News & Views Are you happy you didn't sell your SUV?
122 messages, Last post on Apr 15, 2009 at 5:57 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Last summer when gas was $4 a gallon in many areas, people were going to extremes to park their SUVs and get into fuel efficient cars. If you sold or parked your SUV because of high gas prices, so you now regret it, since gas is hovering around $2?
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Replying to: steve_ (Jan 03, 2009 9:16 am) When this was proposed in the $4 gas thread. I thought the title should read "Do you feel like a sardine or just stupid for trading in your SUV on an econobox"?
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| I didn't drive it as much after the first of the year in 2008 but I wasn't about to cave in and get rid of it. I sold the Focus and paid it off and dusted off the old Pontiac 4 banger for driving around town and to the mall. Let the 4 banger get the door dings. But when the weather is bad, or if I have to go to home depot, or take friends out to dinner the SUV is waiting there for use. When gas dropped under $1.80 a gallon I drove it more just because I could. Still didn't use a tank of gas in 6 weeks. | |
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...if you're sorry you bought that hybrid at MSRP + $3K ADM after selling your SUV at a $10K loss off of book value? I think it is the combined stupidity of over-paying on one vehicle while getting clubbed like a baby seal on the other that would really fill people with remorse. BTW,not everyone has got the message. I recently saw a Craigslist ad where someone was asking $18,000 for a 2007 Prius with 104,000 miles on it.
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Replying to: oldfarmer50 (Jan 03, 2009 10:14 am) You see that a lot with used Prius. People bought into the high resale myth on hybrids. Truth is you go to trade it in and the dealer will give you ZIPPO in trade. It is no better than any other car with 100k plus miles. It is near worthless. The dealer probably offered about $12k with those miles if it was in real nice condition. They probably still owe near $15k or more.
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Replying to: gagrice (Jan 03, 2009 9:32 am) I'm guessing "no one" did THAT. I bet no one who posts here traded a $30,000 SUV for a $12,000 car. The larger compacts are the cars which got traded into mostly - not the "tiniest econoboxes." |
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Replying to: larsb (Jan 03, 2009 10:44 am) Truth is there is more to life than saving a few pennies on gas.
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Replying to: gagrice (Jan 03, 2009 12:59 pm) But VERY few people who needed the ROOM of a large SUV would have been able to rationalize moving into a car that small. Those sales were mostly people out of other larger cars and pickups, not out of large SUVs. One of my friends at work traded a Civic for a Yaris and they love the Yaris more than they liked the Civic. Just depends on what level of luxury you are accustomed to. |
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Replying to: larsb (Jan 04, 2009 6:24 am) That is absolutely true. When you are used to riding high in a PU truck, down grading to any sedan is not great. I just do not like sedans. I do not like my wife's LS400. It strains my back getting out of it every time. So for me the only upgrade from a PU truck is a large SUV. I have sat in a few small vehicles that I could justify owning. the Old style xB from Scion had a good entry and exit feel with plenty of head room. A Civic to me is no better than a Yaris. My head hits on the headliner of the modern Civics unless I tilt the seat back in a lying position. For me as I get older and can afford it the comfort of a luxury SUV, will continue to be my choice. I can also have the satisfaction of supporting the US worker. Most subcompact cars are not even assembled in the USA. Any SUV I would consider today is assembled somewhere in the USA.
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Replying to: larsb (Jan 03, 2009 10:44 am) The larger compacts are the cars which got traded into mostly - not the "tiniest econoboxes." The only example I can think of is a guy I know who's yo-yo'ed around when he couldn't figure out what he really wanted. He started 2008 with a paid-for 2004 Tundra. Once fuel prices shot up, he traded it on an '09 Corolla S. He kept it about 3 weeks, hated being in something that small, and traded for an '08 Tundra 4wd extended cab 5.7 V-8. Then when gas went over $4.00 per gallon, he traded for an '08 Accord LX. Last time I saw him, he had traded that one in an an '09 Accord EX-L V-6! Back in 2002, my uncle, who had been driving a 1997 Silverado 4.3 V-6, bought an '03 Corolla. While gasoline was still pretty cheap back then, his commute was about to shoot from a 45 or so mile trip to more like 65-70. The truck was also starting to get up there in miles. He uses the Corolla for most of his longer distance driving, and the truck only when he really needs it, or just to give it an occasional run.
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