used cars – News Stories About used cars - Page 2

Aug 17, 2008 10:04 AM CDT

SUV Apocalypse Nears

Sales fall off as Americans opt for leaner, greener cars

(Newser) - America’s obsession with super-size cars seems to be running out of gas. The Daily Green reports on the seven signs of the SUV apocalypse:

The numbers: Sales of small cars were up 11% in the first half of the year, while SUV and truck sales were down by 14%

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GM, Ford Join Chrysler in Retreat From Leasing

Jul 30, 2008 8:00 AM CDT

GM, Ford Join Chrysler in Retreat From Leasing

As resale values plummet and credit tightens, automakers leave market

(Newser) - Ford and GM are joining Chrysler in moving away from auto leasing, the Wall Street Journal reports, signalling the end of an era in which leases allowed many Americans to drive more expensive cars than they could afford to buy. The move is prompted by falling prices for used SUVs...

Sinking SUV Values Slap Drivers

Jul 2, 2008 10:19 AM CDT

Sinking SUV Values Slap Drivers

Resale values plummet as gas price goes up

(Newser) - The end of America's love affair with the SUV is turning into an expensive divorce, the Washington Post reports. Drivers wanting to get rid of the gas-guzzlers as pump prices hit $4 a gallon are losing a lot of money on the sales—if they can even find buyers. Some...

SUV Credit Crunch
Rolls Over Ford

May 30, 2008 10:18 AM CDT

SUV Credit Crunch Rolls Over Ford

Sinking value of big vehicles crashes auto firm's credit wing

(Newser) - Ford's plans to get back in the black are being forced off the road by woes at its lending arm, the Wall Street Journal reports. The auto giant made a lot of cut-rate loans on trucks and SUVs in recent years and has been unable to recoup losses on bad...

Mexico Bans All Car Imports— Except '98s

Mar 3, 2008 9:00 AM CST

Mexico Bans All Car Imports— Except '98s

New law allows only 10-year-old jalopies across the border

(Newser) - For used-car shoppers in Mexico, 1998 is about to become a very popular year. Starting today, only 10-year-old cars—nothing newer, nothing older—can be imported in Mexico, a move designed to curtail the flood of “vehiculos chatarra,” or jalopies, clogging the streets. Before the change, imports needed...