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	<title>Michael Gracie &#187; realtors</title>
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	<pubDate>Wed, 08 Oct 2008 21:52:46 +0000</pubDate>
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		<title>From the &#8220;Live In Your SUV&#8221; Dept.</title>
		<link>http://michaelgracie.com/2008/05/09/from-the-live-in-your-suv-dept/</link>
		<comments>http://michaelgracie.com/2008/05/09/from-the-live-in-your-suv-dept/#comments</comments>
		<pubDate>Fri, 09 May 2008 13:53:58 +0000</pubDate>
		<dc:creator>Michael Gracie</dc:creator>
		
		<category><![CDATA[Office]]></category>

		<category><![CDATA[realtors]]></category>

		<category><![CDATA[SUV]]></category>

		<category><![CDATA[trade-in value]]></category>

		<guid isPermaLink="false">http://michaelgracie.com/2008/05/09/from-the-live-in-your-suv-dept/</guid>
		<description><![CDATA[With rising gas prices, SUVs suddenly have piss poor trade-in value:
According to a dealer&#8230;
&#8220;It&#8217;s a challenge,&#8221; says Adam Lee, president of the Lee Auto Malls dealerships in Maine. &#8220;How do you tell a good customer, &#8216;You paid $32,000 and now it&#8217;s only worth $17,000?&#8217; &#8220;
According to the snarky&#8230;
Why, you should just hire some newly-under-employed Realtors®. [...]]]></description>
			<content:encoded><![CDATA[<!-- sphereit start --><p>With rising gas prices, <a href="http://calculatedrisk.blogspot.com/2008/05/severely-underwater-vehicles.html">SUVs suddenly have piss poor trade-in value</a>:</p>
<p>According to a dealer&#8230;</p>
<blockquote><p>&#8220;It&#8217;s a challenge,&#8221; says Adam Lee, president of the Lee Auto Malls dealerships in Maine. &#8220;How do you tell a good customer, &#8216;You paid $32,000 and now it&#8217;s only worth $17,000?&#8217; &#8220;</p></blockquote>
<p>According to the snarky&#8230;</p>
<blockquote><p>Why, you should just hire some newly-under-employed Realtors®. They&#8217;ve had some practice at that kind of thing lately.</p></blockquote>
<p>And I&#8217;ll bet people buying anything but a Prius will wind up scooting around with the pedal to the metal, and fare little better mileage wise.</p>
<p>UPDATE: More on driving habits <a href="http://www.washingtonmonthly.com/archives/individual/2008_05/013696.php">here</a> and <a href="http://paul.kedrosky.com/archives/2008/05/06/nothing_but_flo.html">here</a>.</p>
<p>UPDATE 2: Sadly, more are choosing to <a href="http://calculatedrisk.blogspot.com/2008/05/housing-bust-and-self-storage-units.html">live in their storage units</a>.</p>
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