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Car Dealers Seeing More People Trading In SUVs
The Denver Channel ^

Posted on 08/31/2005 9:53:59 AM PDT by Millee

As gas prices continue to rise, Denver area car dealers say they're seeing more drivers trading in their gas-guzzling sport utility vehicles for smaller cars or hybrids.

Honda dealer Ralph Schomp in Littleton said some 20 SUVs were turned in over the weekend, while at least two other dealerships report similar numbers.

Among the popular models -- Honda's Accord and Civic hybrid model, as well as Toyota's Prius, which is also a hybrid.

Some dealerships report that the waiting list for Toyota's hybrid Highlander -- which keeps the SUV body style -- is now 12 to 14 months.

Besides gas prices that are creeping closer to the $3 a gallon mark, new car buyers may be steered to the car sipping vehicles by the new federal Energy Policy Act that includes a tax credit of up to $3,400 for hybrid or diesel vehicles.

The state is also offering a tax incentive of as much as $2,300.


TOPICS: Business/Economy; US: Colorado
KEYWORDS: gasprices; suv
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To: tutstar

Same here tutstar. Big families need big vehicles. It is nice though to have 4wd for the mountains back in CO, and now the snow here in WI. (o:


41 posted on 08/31/2005 10:31:42 AM PDT by LibertyRocks (Praying for those hurt by Hurricane Katrina)
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To: politicket
(assuming that your current car is paid off).

HAHHAHAHAH You're funny... Most american's in their adult lives haver never had a paid off car... foolish, but true.

42 posted on 08/31/2005 10:31:54 AM PDT by HamiltonJay
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To: cripplecreek

"I've switched from driving the SUV to driving the Ranger."



I have a Ranger. I only drive it twice a week. Otherwise I walk everywhere. I save on gas AND get a good chance to lose weight (looking around) you know what, looking at some of my fellow American's sizes, I think walking might be a good thing for lots of us. Maybe these gas prices have a silver lining after all.


43 posted on 08/31/2005 10:34:06 AM PDT by trubluolyguy (Warning: Exposure to the SON may PREVENT burning.)
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To: Jazzman1

"GREAT! I hope this trend continues. I'd LOVE to buy a full-size, gas-guzzling SUV for cheap!"

Me too, maybe I can afford to buy that HUMMER that I want.


44 posted on 08/31/2005 10:36:20 AM PDT by caver (Yes, I did crawl out of a hole in the ground.)
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To: trubluolyguy

I grew up in a small town and live in an even smaller town now. Ive walked those short trips all my life.


45 posted on 08/31/2005 10:36:25 AM PDT by cripplecreek (If you must obey your party, may your chains rest lightly upon your shoulders.)
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To: Alberta's Child
It's good that you can rationalize the purchase that easily.

Dealers have always discounted from MSRP so amortizing your "savings" against fuel cost/mileage is a bit unrealistic.

46 posted on 08/31/2005 10:37:02 AM PDT by TheOracleAtLilac
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To: TheForceOfOne

Efficient, but UGLY.


47 posted on 08/31/2005 10:37:25 AM PDT by Fresh Wind (It is Watergate yet? Is it Watergate yet?)
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To: reagan_fanatic
In upstate South Carolina the price just jumped $0.30 while we ate lunch! My coworker filled up for 2.79, we went next door for lunch, and watched the price go up to 3.09 while we sat there.
48 posted on 08/31/2005 10:38:59 AM PDT by jimmango
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To: TheOracleAtLilac
It's good that you can rationalize the purchase that easily.

How is performing a simple cost benefit analysis rationalizing?

49 posted on 08/31/2005 10:39:24 AM PDT by Behind Liberal Lines
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To: jimmango

I paid $3.09 yesterday in L.A.


50 posted on 08/31/2005 10:39:52 AM PDT by BunnySlippers (Death to Islamo-Fascists ...)
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To: 2banana
The market at work...

Well said. I'm sick and tired of lunatics pushing "conservation." The free market itself is conservation, damnit.

51 posted on 08/31/2005 10:41:09 AM PDT by Extremely Extreme Extremist
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To: TheForceOfOne

"2005 Honda Insight"



Yeah it gets great gas mileage, but it is just...so, damned UGLY.


52 posted on 08/31/2005 10:41:24 AM PDT by trubluolyguy (Warning: Exposure to the SON may PREVENT burning.)
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To: Millee

Trading them in

Who is going to buy them off the used car lot

Surprised they are even being given trade in deals


53 posted on 08/31/2005 10:41:27 AM PDT by uncbob
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To: cripplecreek

Small town myself, It's less than a mile to anywhere I really need to go.


54 posted on 08/31/2005 10:43:04 AM PDT by trubluolyguy (Warning: Exposure to the SON may PREVENT burning.)
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To: Millee

I'm gonna drop a 427 big block in my G20 Cargo van and get rid of that puny 350.


55 posted on 08/31/2005 10:43:23 AM PDT by anton
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To: Behind Liberal Lines
How is performing a simple cost benefit analysis rationalizing

you got that right: SIMPLE

56 posted on 08/31/2005 10:44:31 AM PDT by TheOracleAtLilac
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To: Millee
Honda dealer Ralph Schomp in Littleton said some 20 SUVs were turned in over the weekend, while at least two other dealerships report similar numbers.
Among the popular models -- Honda's Accord and Civic hybrid model, as well as Toyota's Prius, which is also a hybrid.

PREDICTION: Five years from now, certainly within ten, the Japanese car dealerships aren't even going to take American-made SUV's in trade anymore.

There won't be any market for them with gas at $5-6 (or HIGHER) per gallon.

And they won't "lose potential sales" from refusing the tradeins, as folks will be beating down their doors for fuel-efficient and reliable vehicles....

- John

57 posted on 08/31/2005 10:45:29 AM PDT by Fishrrman
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To: Millee

I've got a 2005 Honda Odyssey with a 250hp six cylinder. It shuts down three cylinders when cruising. 22 mpg in the city 28+ on the highway.


58 posted on 08/31/2005 10:48:01 AM PDT by USNBandit (sarcasm engaged at all times)
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To: Fresh Wind

You'll buy it and you'll like it mister!! lol


59 posted on 08/31/2005 10:48:05 AM PDT by TheForceOfOne (The alternative media is our Enigma machine.)
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To: Millee
ROFL!

If you folks think the increased gas prices are expensive, why don't you consider the price of a new car payment?

...that is, unless the car you're buying will have the same or lower payment. For me, gasoline prices would have to get up to $25/gal before it would be cheaper to buy a new car with better fuel economy. Mine are both paid for.

60 posted on 08/31/2005 10:48:22 AM PDT by TChris ("The central issue is America’s credibility and will to prevail" - Goh Chok Tong)
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