dmv wrote:
] ] Second, sales of the largest and most profitible SUVs are
] ] slowing. This has a disproportionate impact on GM and
] ] Ford. I'm not sure what the net net is on an individual
] ] (consumer) level; if you own a large SUV, I expect you
] ] will be disappointed at what you can sell it for, as long
] ] as gas stays near $2.50 per/gallon. Now consider all of
] ] the SUVs which have been leased over the past 3 years:
] ] Dealers will soon have a glut of them on their lots, if
] ] they don't already, as lease renewal/extensions and trade
] ] ups slow.

GOOD! FANTASTIC even! Send 'em to the scrap yard where they belong! It's about time people woke up and realized how inefficient these fucking things are. FINALLY the honeymoon is over and people are going to think long and hard about buying an oversized SUV; buying decisions will now be based more and more on how it will impact their expendable cash and not the "doesn't this look cool?" mentality of trying to keep up with the Joneses.

Everyone says they want to reduce dependence on foreign oil. Great! So start at home and stop driving vehicles that get 12 MPG.

Soaring gas prices DO have a silver lining after all. :)

LB

RE: The Big Picture: Gasoline Prices (Adjusted for Inflation)