PSoTD

Got One?

If you don't get rid of it now, you're probably not going to be able to sell it...

Pickup trucks and SUVs are hurting. In May sales numbers, the Ford F-150 was knocked from its perch as the best-selling vehicle in the U.S., and sent reeling all the way to the fifth spot. A glut of SUVs sits on used car lots, almost unsellable in today's market.

The New York Times reports that large trucks and SUVS that were "the first generation of mass-market …to approach the six-figure mark" in price are now selling for "much closer to $50,000."

Brent Robinson, sales manager of a GM dealership in Minnesota, told the Toronto Star "We haven't had anyone crack the door on a Yukon or a Denali in 30 days."

Is the death knell of the gas guzzler here?

Posted by PSoTD on Saturday June 7, 2008 at 6:48am |

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