Originally Posted by
ChipSeal
As gas prices rise, will that extra car be more valuable on the market this year or next year?
I would expect a glut on the used car market.
Just one of the reasons I got rid of my truck before it was too late. I have a feeling it won't be long before it gets extremely difficult to sell a vehicle that only gets 15mpg!
A lot of the problems people are having now are things they brought upon themselves. If a person is borrowing money for a huge plasma television, well that's his business but I'd say he has his priorities severly mixed up. One of my coworkers pays $130 a month for cable TV, drives an SUV, lives 18 miles from work, and has a wife and two children. If that were me I'd be making some major lifestyle changes as quickly as possible.