SUV Owners : Unable To Trade Down
Observations from a conversation with a Saturn car sales guy from Chicago at an airport bar in Newark:
So you buy your large ‘safe’ tank of an SUV a few years back when gas was $2 a gallon and enjoy the open road. Then gas doubles in price and keeps going up. So you want to get a smaller version – maybe not go back to a car but a medium size Saturn SUV because it’s got better mileage – but you can’t buy it because you haven’t the cash because no one wants to buy your old SUV….
Recent Articles By Piers Fawkes 
Piers Fawkes is the founder and editor-in-chief of PSFK, a daily news site that acts as the go-to source of new ideas and inspiration.
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| TOPICS: | Automotive, Finance & Money |
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