A generation ago, a classic advertisement for the VW Beetle had a simple headline: Think Small. A good idea then, and considering current economic conditions, an even better one today.
A generation ago, a classic advertisement for the VW Beetle had a simple headline: Think Small. Today, even if a small vehicle like the Beetle doesnâ€™t fit your needs and life style, it may still pay to think smaller, say consumer advisers. Even ownsizing from a humongous SUV to a full-size car can save you not only on the purchase price, but also on fuel costs and insurance.
Todayâ€™s vehicles may surprise you, too. You might be able to trade in the one youâ€™re driving for a smaller oneâ€“a supersize SUV for a midsize model, for exampleâ€“without giving up much in the way of cargo room. If youâ€™re looking to buy new, the same thing applies. A midsize model SUV wonâ€™t cost you much in terms of size compared the big ones, but it will save you big both in the dealerâ€™s showroom and at the gas pump.
And if your family is downsizing, you may be able to get away with an smaller SUV that doesnâ€™t carry as many passengers, which could put you in the compact SUV class, where prices are even lower and gas mileage even better.
If youâ€™re in the market for a midsize sedan, try looking at compact models. Many midsize cars have put on weight in the past few model years. If you can fit into a smaller car, youâ€™ll pay a lot less to own it and also to maintain it. For a look at specific swaps you can make, take a look at this article at Edmunds.com.