Prices of Large Used Pickup Trucks and SUVs Surge Over 20%
Why the huge surge in prices? Last year, when gas prices started hitting record highs, sales of gas-guzzlers plunged. Nobody wanted them (which is exactly when you should buy them).
Now that gas prices have come down, people are again flocking to trucks and SUVs.
If you're looking to buy one of these large trucks or SUVs, you missed your best opportunity last summer.
Many analyts expect gas prices to level off this summer, but if they do shoot up like last year, we can expect the prices of these vehicles to come back down.
That's when you want to make your move! Remember, car prices are all about supply and demand. You want to buy when demand is low and hold off when demand is high. As much as everyone hates high gas prices, if you want to buy a large truck, you should be hoping for higher gas prices to save thousands on a new or used truck.
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
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- The Best & Worst Time to Buy a Car
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About The Author
Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.Latest Weekly Car Buying Tips
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