SUVs have been the darlings of the auto industry since the early 1990s, but now their popularity is coming back to haunt them. They’re actually becoming the problem children of the used car business. More and more SUVs are flooding the used car market every year, causing a glut that’s driving down prices and residual values. According to Ward’s Dealer Business, our sister publication, automakers sold about a million SUVs a year in the U.S.in 1991, and they were only 7% of the nation's ...
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