SUV Glut

SUV and pickup truck owners — already stung by rising gasoline prices — are paying another penalty when it comes time to trade in or sell: falling resale values for the gas-thirsty vehicles.

The resale value of large SUVs and pickup trucks is slumping in response to a supply glut, lower demand, higher gasoline prices and lower sales of new SUVs and pickup trucks, analysts say.

Automakers now have to boost discounts on new SUVs, hurting prices for new and used models.