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Re: A Good Time to Buy SUVs
it's kind of a wash if you're getting rid of an older truck/suv for a new one. the $5000+ in value your used truck has taken on the trade in is what you're seeing off of the new vehicle. you'll do ok, but you're not getting any sort of advantage either.
it's only really if you're trading in a smaller 4 - 6 cylinder car for a bigger truck or suv where you're gaining anything, and 1.who the hell is doing that? and 2.even if you can get $10,000 off the price of a new truck, the second you drive off the lot with it, it's worth a lot less than $10,000 off sticker even if you could get rid of it at all.
if you're in the boat that a lot of people are and you're upside down in a truck/suv and looking to downside, you're kind of screwed. you could probably move from a GMT800 or 900 to a GMT355/360, but since there's been absolutely no investment in those products for years now, you're not seeing much better gas mileage - if any, and you're dealing with 2002-2003 era GM interiors and quality. :/
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