Frustrated owners try to sell their gas guzzlers

As gas tank fill ups hit the $75 level, many frustrated owners will try to unload their gas guzzlers.

Some desperate car dealers and consumers are willing to lose thousands of dollars just to get rid of their SUVs.

The following sad story will be typical for people who drive gas guzzling SUV’s and pickups especially, if the vehicle has a loan with a high pay-off balance.

Last July, 20-year-old Sannan Nizami bought a 2007 Toyota 4Runner SUV for $32,000 when it cost about $65 to fill the tank.



Six months later, as a gallon of gas soared to $3.50 and more, and tank refills climbed over $80, Nizami put the vehicle up for sale. He posted it online for $27,000 but received no responses for months.

Frustrated and unable to afford prices at the pump, Nizami last month turned over the Toyota to a dealer who only sells vehicles from private owners.

Nizami is still paying the $450 loan but now is bumming rides to work with a cousin and worrying about making enough from the sale to cover the car loan.

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