SUV prices slashed as sales tumble

by Darla Hernandez (darlah@wsbt.com)

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Dealers slashing prices on SUVs

High gas prices have led to a glut of SUV trade-ins and low sales on car lots, and that has dealers slashing prices. (WSBT photo)

MISHAWAKA — The pain at the pump has drivers trading in their SUVs for smaller cars and hybrids. But for those that are in the market for an SUV, there are some steals and deals out there.

It’s all about gas savings. Chrysler is featuring a gas guarantee — they will lock in your gas at a certain price if you buy one of their vehicles. Other local dealerships are giving gas cards away.

But the real deal is the discounted prices on SUVs.

Glennard Dare of Mishawaka says he and his wife have no choice but to drive an SUV.

"We'll have to keep the SUV because we are handicapped and we have a lift in it for our handicapped scooters,” he explained.

For whatever reason you may want an SUV, Chip Basney with Basney Honda says it's a buyer's market right now. He says pain at the pump has buyers getting more bang for their buck.

"Prices on SUVs — you normally spend $20,000 last year; now you can buy that same truck for in the $13,000-range,” he said.

A 2005 Honda Pilot is selling for about $3,000 less than Kelley Blue Book value.

These gas guzzlers have salespeople eager to roll them off their lots.

“We are doing everything to get rid of them right now basically,” one salesperson told WSBT News.

Regardless of what vehicle you buy, we're told you always want to get a CARFAX report on any used vehicle to make sure it hasn't been in an accident, and always take the vehicle to your local mechanic to have it inspected.

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