GM Defies the Odds and Sells Plenty of Tahoes, Yukons, and Suburbans

2017 Chevrolet Tahoe LT Midnight Edition

Perhaps the last third of 2016 will be remembered for the theme, “Expect the Unexpected.”

Tuesday night’s election results shocked the world as President-elect Trump overcame astronomical odds to secure the nation’s highest office. That’s as far as our political commentary will go on this blog, but rest assured the significance of the election isn’t lost on us. We’ll be sure to keep a close eye on the election’s effects on the auto industry.

Slightly less significant, October’s car sales report had a few unexpected twists too. In a time of slowing sales, when we might expect passenger cars and full-size trucks to maintain the status quo, something else has happened.

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GM Easily Wins Battle of the Big SUVs

2015 Chevrolet Tahoe Suburban

Take a guess on how much money General Motors makes every time it sells a Tahoe. I’m not going to tell you yet, but I will say that knowing might change how you negotiate for the biggest of the big SUVs.

You probably won’t score much of a discount, though, because it’s those profits that help keep GM afloat and allow it to field entries in other, less profitable, markets.

The Suburban, Yukon, Escalade, and Tahoe make up about half of the full-size SUV market in the United States. There is some competition in the market, and prices can be incredibly high, which makes me wonder: Are GM’s SUVs selling because they’re great or because the competition is too expensive?

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Gas Crises? If You Have One of These Cars, Sell Now!

Though our friends in England, Germany and Australia won’t take pity, word has it that gas prices in Los Angeles are quickly approaching $5 per gallon. That may not have put a dent in many celebs’ plans to drive their supercars to the Academy Awards last weekend, but that price is a huge budget-killer for most of us. (And a reason for some companies to ramp up their free gas campaigns!)

With no immediate signs of a retreat in prices through summer, it’s probably time to re-think your decision to buy that Suburban you thought was a good idea in 2009. Yes, that’s the last time gas dropped below $2 per gallon. If you took the bait and bought a new car back then thinking we were safe from high fuel prices, guess again. You should consider placing your fuel-chugging ride in the CarGurus used listings and sell before prices really explode. Especially if you drive one of these:

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