Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

6 of 11
BACK NEXT
Dump your gas-guzzler...
Dump your gas-guzzler...
Looking to unload that Sequoia? Wait until summer's over, when demand for SUVs is likelier to increase.
Q. Help! I want to get rid of my SUV.

A. With thousands of dollars in rebates lying on the hoods of new SUVs, it's hard to get a good price selling a used one. "You could get 45% on a three-year-old Toyota Sequoia two years ago, but now it's worth 30%," says Spinella.

Before you sell, check the "Is It Worth Trading in Your Gas Guzzler?" calculator at Edmunds.com. Depending on the answer, you may want to sit on your ute at least until fall, when four-wheel-drive vehicles will be in greater demand and pump shock may have ebbed.

If you must sell, do it on your own rather than trade it in. Dealers don't need another SUV collecting dust on their lot. So if they agree to take yours, they'll pay you well under market.

More than half of used-car buyers shop online, reports J.D. Power, so post your ad on sites like AutoTrader.com or Cars.com. To sell fast, advertise it for a few hundred less than the lowest listing.

NEXT: ...or buy a new one.

Last updated August 12 2008: 6:04 AM ET
More Galleries
11 tasty treats to bring back from a business trip Nothing is as crowd-pleasing or pragmatic as edible souvenirs. We've found foodie gifts that are both delicious and distinguished in 11 popular business destinations. More
15 women who founded $1 billion startups Meet 15 women behind some of the world's hottest startups. More
Here are 27 ads Russian trolls bought on Facebook and Instagram The House Intelligence Committee on Wednesday released some of the ads a Russian troll farm purchased on Facebook and Instagram during and after the U.S. presidential election. More

Special Offer