When it seems that everyone wants to trade in their SUV for a more fuel efficient car, it might come as a surprise that I just purchased a SUV to replace my fuel efficient car. Although I have been told that I’m stupid for doing so, I often find that it makes financial sense to go against the crowd. After running the numbers, that is exactly the conclusion I came to.
While people seem to be focusing exclusively on gas prices, gas is only one factor in the equation for the overall value of a car. This is why it made sense for me to trade in my Honda Accord in for a SUV
SUVs are dirt cheap
Used SUVs are dirt cheap right now. When I was making calls to ask about SUVs that were for sale on...