Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I don't think they are going to go quite that low, but keep in mind that KBB tries to adjust their prices according to the market, so you're never going to get one at 30% if they are doing their jobs correctly. This is pretty cheap considering they were over 100k new: eBay Motors: Hummer : H1 (item 120318182272 end time Oct-24-08 07:59:54 PDT)
When I traded in June, the trade in value of Toyota 4Runners was falling as fast as I was making payments on my '04 Sport model. It was either keep losing money or trade and lose it all at once on the new one. I bought the new one, A Toyota Prius.
I was thinking the same thing, only I figured it might take a little longer to filter down to retail prices. Let them SUVs set on the lot a few months and they'll get antsy to get rid of 'em. The consumer spigot got turned off this month. By January, those SUVs will be pretty cheap.
Looks like we're in for an economic pantsing by the banking CEOs.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
