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Subject:Subject: Re: Will be worth less or more?
From:Don Hanson
Date:Wed, 4 Jun 2008 12:09:56 -0700

Probably be worth more, to those that can afford them still.

  I was reading about the price of SUVs going into the dumper lately.
People who can't afford to fuel them are trying to sell em off, perhaps to
hang onto their homes for one more month's mortgage payment..  Or maybe they
simply need a cheaper place to live:  It's hard to pay for fuel for your
"home" (SUV) when you are already out of the house and living in your auto
on the street.  I have a friend who lives in an one of those tiny Honda
hatchbacks now..Unemployed carpenter...At least he gets good mileage.

  That's gotta be tough...First your house is foreclosed, so you move into
the Escalade, the Yukon, the Tundra, the Excursion, the Tahoe..whatever...
you bought on time...but the payments for that are now more than you can
swing, if you must also gas it up (at about $150 per couple a hundred miles)
and move from Wal Mart to Wal Mart ahead of the cops..And, of course, after
already having made a few years of those payments, you still owe much more
than the kelly blue book price..not that that has any relevancy in this
economy..

  Doom and gloom...Glad I have my Vanagon already...
  Don Hanson

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