used cars

07.24.08

Big-Ticket Beaters

With gas prices going through the roof, yesterday's jalopy could be today's blue-chip used ride

By Mike Spinelli Posted 05.16.2008 at 5:08 pm 6 Comments

A rust-dappled Hyundai for $3,000, a clapped-out Geo Metro for $5,000, and a censurable Ford Festiva for six grand? Welcome to upside-down world. The rising price of dinosaur champagne has already decimated the large-SUV business, and now the realities of gasoline economics are elevating what was once the lowliest segment of the used-car market into Croesus' territory.

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READ MORE ABOUT > ebay, fuel economy, gas prices, gasoline, Mike Spinelli, used cars

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