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The run-up in gas prices past $3 a gallon has been running down the value of used SUVs, causing prices to plummet below levels listed in well-known buying guides. And it is forcing dealers to tread carefully with customers when they offer less than expected for their SUV trade-in.

The average used SUV was selling for nearly 20% below the price listed last month in used car pricing publications such as Kelley Blue Book, CNW Marketing reports.


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Well Duh! SUV Resale Prices Nosedive As Gas Prices Keep Rising

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