With gas prices now averaging $3.50 per gallon across the nation, car buyers across the country increasingly are abandoning SUVs and pickups in favor of smaller crossovers and cars.
This is a problem for used car dealer, Ivan Hoyos. “Nobody is buying used SUVs,” said Hoyos, 35, who stopped accepting them six months ago. “The truth is more and more dealers are staying away from used SUVs and large trucks … It doesn’t pay. You can’t have a unit sitting on the lot forever.”
And if the high price of gas isn’t enough to get you down, imagine paying for gas you don’t get:
Some alert consumers have noticed it over the years: A pump that seems to hesitate a second when the lever is squeezed. Anywhere from 2 to 6 cents tick off before the rush of gasoline starts. That’s what happens with a common, hard to diagnose and mostly ignored problem with the “check valve,” which is supposed to make sure gas flows at the same time the price meter starts.
Are you feeling depressed now? Well, no need to be. President Bush has a message for you:
Bush: ‘We’ll Recover From This Slowdown’
UPDATE:
