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Well, one reason to trade in your old SUV on a new smaller car will occur when the price of gas gets back up to 4 or 5 dollars per gallon or more. People will then stop thinking of that as a "downgrade".
Jun 01 16:35 pm
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All Comments by henarl »Whither New Car Sales? [View article]
This will probably happen at about the same time that they realize they can no longer afford that suburban 3500 sq.ft. mcmansion and have to settle for a 1500 sq.ft. condo or apartment. Lifestyles are going to change!