Trade-in Value of SUVs is Crashing

April 30th, 2008

Last week, we told you that a glut of SUVs on used car lots had led to low prices, making this a great time to buy a recent used sport utility or truck, if you have the need. Throughout the weekend, media reports have focused on the other side of that coin.

If you own an SUV, it’s probably losing value.

Gas prices rising steadily toward $4 a gallon have driven million of consumers to buy smaller cars this year. When they buy that small or midsize sedan, a tremendous number have used an SUV as a trade-in — leading to a glut of SUVs sitting on used car dealer lots this spring.

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Hummer H2 To Die By 2011

March 12th, 2008

It seems the death knell of the Hummer H2 has been sound. Yes, that’s correct, we’ve just received word a decision came down within the last few weeks at the General to end production of the H2. But if you’ve been holding off on buying that H2 with the 28 inch DUBs and sound system with enough power to make you sterile, don’t freak out just yet. Instead of getting the axe right away, we believe the H2 will be allowed to live out its current product life cycle. This probably means the 2011 model year will be the H2’s swan song. Full death-filled conclusion to every environmentalist’s favorite target after the jump.

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Feds Probe Fire Hazard in Chrysler Pacifica

February 27th, 2008

 Investigators for the National Highway Traffic safety Administration are taking a closer look at 2007 Chrysler Pacificas equipped with the 4.0-liter V6. There is a concern that the vehicles could be prone to engine bay fires. A cross-threaded power steering fitting that prevents proper sealing of the hydraulic system could be the root cause. Chrysler has received 166 warranty claims and 25 complaints reporting smoke and fire breaking out. NHTSA has also received three complaints, and the fires seem to be localized to the front of the vehicle, indicating that a power steering leak could indeed be to blame.

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The SUV Scooter

February 20th, 2008

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SUV Driving in London = $50/day!

February 1st, 2008

London already charges a tax, known as a congestion charge, on almost all vehicles that enter central and parts of west London. Certain vehicles, such as those hybrids or eco-friendly fuel cars are exempt. Livingstone’s most recent announcement, however, vastly increases the charge for the highest polluting vehicles.

Vehicles in band G, those that emit more than 225 grams of CO2 per kilometre, will pay a whopping £25($50) every day to enter the congestion zone. This will mostly affect heavy 4×4 vehicles. Most other vehicles will continue to pay the daily charge of £8($16).

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Dogbert on SUVs

November 2nd, 2007

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Extreme SUV Parking

November 2nd, 2007

 Who needs parking spaces when you have an SUV? Not this genius, that’s who…

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Priceless SUV

November 2nd, 2007

Luxury SUV… $50,000.00

Custom Wheels… $5,000.00

Custom Stereo… $3,000.00

Seizing it from a drug dealer… Priceless

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Blog updated

October 30th, 2007

You may have noticed some changes around here. First, with a move over to another host, I tried to change the entire site over to Wordpress, which would have worked out well enough, but just wasn’t necessary. So, I changed the site back over to the former and installed Wordpress for just the blog. I just finished adding in all the posts from the other blog script and now we’re back in business, though you may notice some bugs here and there. Thank you for your patience.

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Cars Still Beat SUVs In Safety

April 19th, 2007

(CBS News) WASHINGTON When comparing the death rates in passenger vehicles with similar weight, cars are still safer than SUVs and pickup trucks because of their lower center of gravity.

But new technology is helping to level the playing field, reports CBS News transportation correspondent Nancy Cordes.

“SUVs haven’t always been the best choice for safety, and they still have a higher risk of rollover than cars, but our study shows that SUVs are becoming safer,” said Anne McCartt, senior vice president for research of the Insurance Institute for Highway Safety.

The overall death rate has gone down 30 percent in the past 10 years. One reason has been the addition of electronic stability control, now standard on many vehicles. It helps steer on slippery or tricky roads.

“ESC does save lives,” McCartt said.

General Motors Corp. vehicles had the highest and lowest driver death rates from 2002 through 2005, according to the study by the insurance industry.

Two-door, two-wheel drive Chevrolet Blazers built from 2001 to 2004 had the highest rate of 232 driver deaths per million registered vehicles during the four-year span, the IIHS found.

By contrast, the Chevrolet Astro minivan had the lowest rate with only seven deaths per million registered vehicles. It was followed by the Infiniti G35, BMW 7 Series and the Toyota 4Runner.

“You do see that the bigger, heavier vehicles tend to be safer,” said McCartt.

The two-door Acura RSX had the second-highest rate with 202 driver deaths followed by the Nissan 350Z, which registered 193 deaths.

“Among the vehicles with the highest death rates, many are older designs. And older designs are not as crashworthy,” said McCartt.

Automakers said the study was limited in its scope because it did not include factors which could play a major role in the fatalities.

“The study doesn’t really take into account driver behavior or how the vehicles are used so it’s difficult to really draw much significance,” said GM spokesman Alan Adler.

The Astro and Blazer went out of production in 2005. GM currently sells the Chevy TrailBlazer midsize SUV.

Nissan said all of its vehicles “are engineered to meet or exceed government safety regulations as well as our own rigorous internal safety requirements, and the 350Z is no exception.”

The automaker said it urges “everyone driving a Nissan or Infiniti vehicle to do so safely.”

Chris Naughton, a Honda Motor Co. spokesman, said the company, which makes the Acura RSX, has “long striven to build very safe vehicles with a long list of safety features.” He noted the sports coupe typically had younger buyers, which could have contributed to its ranking.

The study also reaffirmed past research which found that heavier vehicles in categories such as cars, SUVs and pickups generally had lower death rates.

The study of 202 passenger vehicle models included rates of driver deaths in all crashes plus rates in multiple-vehicle, single-vehicle, and single-vehicle rollover crashes.

The rate represented the reported number of driver deaths divided by the model’s number of registered years, according to data from the federal government’s Fatality Analysis Reporting System and registration counts from The Polk Company, a Michigan-based provider of automotive information.

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