Thursday, September 01, 2005
The Crescent City
So if reports coming out of New Orleans are true, where do we Americans go to turn in our High Horse saddles?
AJC: People Not So Stupid
The AJC has a great article on how hard it is for suburban dopes who bought huge, gas-guzzling SUVs to unload these days. Pre-Katrina, gas prices had been rising to more realistic (read: market) levels despite additional governmental subsidies for oil producers and the SUV subsidy was on the wane. Post-Katrina, gas prices have just gone through the roof here in the Peach State.
Pardon my schadenfreude but these people are simply getting their just desserts.
In Suwanee, John Kim posted his family vehicle — a 2003 GMC Yukon Denali XL — for sale at Autotrader.com, owned by Cox Enterprises, parent company of The Atlanta Journal-Constitution.
"I've been trying to sell it for a couple of months," Kim said, "but I'm not getting any calls. I thought it'd be faster."
He first priced the vehicle at $35,900. He dropped to $31,900. With no one calling, he may go lower yet.
Fuel costs are eating him up. There might as well be piranhas in his 32-gallon tank.
"I'm going with a smaller, more gas efficient car," Kim said.
Pardon my schadenfreude but these people are simply getting their just desserts.
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