You Can Sell Your Gas-guzzling SUV – Fast!
With average national gas prices now above $ 4 a gallon, and on the rise, many SUV owners are experiencing a lot of pain at the pump. So much so that many SUV owners want to sell their gas-guzzling SUVs fast in favor of cheaper vehicles.
After all, large SUVs like the GMC Yukon Denali have gas tanks of 30 gallons or more, while maintaining less-than-stellar fuel economy. This can translate to frequent refills of $ 100 +.
If emptying your wallet just to fill up your tank is no longer your cup of tea, you surely want to sell your gas-guzzling SUV. But before you decide to privately list your car, in hopes of a quick sale, remember that it can be incredibly difficult to sell an SUV in today’s market, due to high gas prices and negative consumer sentiment with regarding inefficient vehicles. Today, very few people are interested in large SUVs, and those who are are demanding absolute bargain prices.
To sell your gas-guzzling SUV in today’s market, you’ll need to price it very competitively to attract buyers. You may need to set a starting price several hundred or thousands of dollars below the blue book value to have any chance of generating interest.
And you can forget about changing your SUV at the dealership. Expect very, very little to be offered for your SUV, as dealers are certainly not very keen on SUVs these days as they must anticipate the difficulty of reselling the vehicles themselves. In most cases, expect surprisingly low trade offers.
All of this may lead you to believe that it would be better to stick with your SUV and hope that gas prices will start to drop again in the near future.
But before you stop selling or decide to take an incredibly low offer, consider getting a free quote from a used car buyer.
It’s definitely something worth considering if you’re looking to sell your gas-guzzling SUV quickly, and without taking too much of a “beating” in the final sale price.
