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Reply #17: i heard TWO reports today before noon, about how people have negative equity in SUVs [View All]

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nashville_brook Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:25 PM
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17. i heard TWO reports today before noon, about how people have negative equity in SUVs
b/c they have fallen dramatically in value. many dealerships aren't taking SUVs on trade -- most people can't afford to trade with the falling value, anyway. the last story i heard on NPR said that "motivated" buyers in the SUV market are getting big 'deals." so, he prolly bought that thing for a song.

he's an idiot and i bet the dealership was amazed when he graced their door. they are laughing all the way to the bank.
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