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"SUV Graveyards" is a term coined to refer to used car lots, filled with SUV style cars, that cannot be sold, due to consumer concerns over rapidly rising gasoline prices.
Dealerships have reported that many once popular hybrids have lost nearly half their previous resale value, if they can be sold at all.
The large vehicles, including the Cadillac Escalade and Chevrolet Suburban, have, according to reports, been sitting on the dealership's lots since last summer.
Meanwhile, smaller cars have been selling faster than ever, often staying at the dealership for less than a week.
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SUV Graveyards Questions
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What are Mahindra cars/suvs like to drive? (personal experience only please) 1 AnswerOne word: awesome!the Mahindra Scorpio was an extremely comfortable long-distance cruiser, when I was in India.The new Mahindra Scorpio looks beautiful.http://e... read more -
How long do you think it will be until at least 10% of owned home vehicles like cars, motorcycles, SUVs, minivans, etc are mostly non-gas powered? 2 AnswersI give it at least 10 years. There are so many vehicles on the road that even if a few new models come out in the next few years that meet your criteria ther... read more -
What are the advantages and disadvantages of SUVs? 1 AnswerThe first advantage to driving an SUV is the room that an automobile of this type provides. With its spacious seating capacity as well as extra luggage and carr... read more -
What are GM key services and product offerings? 1 AnswerActive brands (as of 2008) - The following GM brands were being produced in July 2008: * Buick * Cadillac * Chevrolet * Daewoo * GMC ... read more
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