18th
June
2008
For SUVs, the Bad News Only Gets Worse
posted in Car News Articles |
Everyone knows SUVs are in trouble because of high gas prices, but this recent trend also impacts the rate at which they’ll depreciate. This most affects leased vehicles coming back to dealers after the terms expire. Some 800,000 trucks and SUVs are due back at dealers in 2008, and residual values projected when the cars were leased three or four years ago will fall $6,000 short per vehicle, according to CNW Research.
This entry was posted
on Wednesday, June 18th, 2008 at 2:06 pm and is filed under Car News Articles.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.