Posted on September 15, 2008 at 10:30am
Dwindling demand for sport-utility vehicles has depressed auction prices. These gas guzzlers have lost value at about twice the normal rate, said Craig Carrow, vice president of automotive solutions at Fiserv Lending Solutions.
Though vehicle values are largely down nationwide, SUVs continue to fetch the highest prices in California. Still, "there is not as strong a difference as there used to be," Carrow said. "Prices used to be $1,000 to $1,200 better, and now they are half as… Continue