The Rising Cost of Fuel Forces Truck and SUV Owners to Sell
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By Anna Finger
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If you haven't heard by now, people are selling their large trucks and Sport Utility Vehicles as quickly as possible because of rapidly rising gas prices. Most owners are reluctant to
see their prized vehicles go, but they are finding that it is just not worth it to keep them. With the average price of regular unleaded gasoline once being at over $4.00 a gallon
across most of the U.S., Americans are rethinking their need for oversized transportation.
In the early 1990's, the SUV began rising in popularity, boasting its high power, off-road capabilities, and larger interior space with more seating. Pickup trucks, which were
historically purchased by blue collar workers and those who live in rural areas, have become trendier in suburban circles, and have also increased in size, adding an extra row of
seating to accommodate families.
The minivan and station wagon, which had reigned supreme as the family vehicles of choice, suddenly became worthless, even an embarrassment to own.
Truck and SUV advertisements promised people that they didn't have to give up being cool just because they had kids. But not everyone jumped wholeheartedly on this bandwagon. There
has been a moderate outcry from environmentalists who have criticized these large vehicles for the unnecessary guzzling of natural resources. They have noted that most Americans truck
and SUV owners live an urban or suburban lifestyle, and have no need for the off-road capability that many claim as a prime reason for buying their vehicle. Despite this criticism,
there has been no change in its sales, while stead, which has been increasing over the past 20 years.
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People are quickly realizing that now is the time to act to sell their large vehicles. They know that the value on their car is going down day by day, as the demand for smaller
compact cars increases. At this point, there are probably still those who would see the opportunity to purchase a used SUV for a reasonable price as a good deal, as the eventual
resurgence of the economy is inevitable. But even an economic turn for the better may be too late. There is an ever-increasing desire to conserve and make our lives more compromising
to our daily routines.
This changing mindset is already having a significant effect on the entire car industry-major car companies are beginning to shut down big truck plants, and new
car dealers are offering incentives to those who purchase their SUVs and trucks, such as providing cheaper gasoline up to a certain mileage. Many Americans are looking toward more
fuel-efficient or hybrid cars. Say the price of oil decreases significantly in the next year, it may already be too late to salvage the popularity of these large vehicles, leaving a
graveyard of valueless SUVs and trucks in its wake. Owners should open their eyes and discover that selling now is probably your best bet, before you it is too late.
