Buy your choice of any used SUV for a nickel a pound. Some dealers are not even taking them as trade-ins because the values are dropping so quickly. There are four on front lawns on my street.
I think it's silly, because if people buy a new "fuel saver" and actually run the numbers and consider newer excise taxes, insurnces, and finance charges, etc., if someone has a short commute, they'd lose on the deal. I saw the same thing in the so-called '70's "Crisis" and actually fell for it myself...I traded a Cadillac in for two Toyotas. I probably left the dealershop with the same tonnage, they were great little cars, and one lasted over 200,000 miles, but really, I lost money on the deal. Gas prices fell back down, and there I was with new tax and insurance bills and two payment books.
But as long as no one expects this to happen, you can get great deals on some of the big vehicles. I may buy one myself for local hardware trips.
I bought a 1992 Jeep Cherokee with the 4.0 six. It needs about $1,000 for it to be where I want it ($280 to just get it running again - computer). Paid cash. Am now trying to sell my 1 year old Elantra.
Funny I didn't put any down on it and it shows that private party value is more than I owe, so, I'm ahead of the game. It gets great mileage, but with payment, insurance, and fuel, it costs me between $445 and $470/month. The jeep will cost me between $190 and $200 for just gas and insurance... I can use the difference for something else, like corn on the cob.