Originally Posted By: bepperb
Originally Posted By: exranger06
The fact that sales of these vehicles go way up when gas prices go down, and the exact opposite when gas prices go up, show that most people DO have gasoline cost as one of the top priorities.
Is that a fact? Where did that come from? I'd be interested since the reality is the exact opposite. Here's something you might read that really is a fact (you know, ones you can reference back to a reliable source):
As gas crept from around 1 dollar to 2.50 during the late 90's early 00's the sales actually increased as did the stock market:
Yukon/Tahoe sales per year
1998[ 182,590
1999 175,493
2000 206,131
2001 279,573
2002 286,255
2003 285,303
2004 272,732
2005 225,765
2006 232,967
2007 209,687
2008 130,642
2009 102,665
2010 104,456
2011 114,777
2012 96,722
2013 111,804
In the cheapest year of gas prices in the last 10 years (2009) sales of the BOF GM vehicles were the lowest they had ever been. If you wanted to make a fact about this one might say the sales of these vehicles rises as gas prices rise, both a result of the economy as a whole.
Sorry if my facts of vehicle sales and gas prices get in the way of anyone's made up ideas about this topic.
Not only that, but check out resale values on land yachts:
Durango
Envoy XL
Expedition
Trailblazer LTZ
Excursion
Hummer (*discontinued.. hmm, wonder why.)
Suburban
Tahoe
Denali
Yukon
Yukon XL
Sequoia
Land Cruiser
GX470
LX470
GL450
Q7
Etc.
Some large SUV have value so abysmal, you might as well keep it.