2008-06-02wallstreetexaminer.com

Disgruntled purchasers whose luxury SUV’s have declined in value are walking away by the thousands, refusing to make their loan payments.

Before walking away, many former SUV owners are stripping their vehicles of headlights, air filters, hubcaps, seat covers, cup holders and more. Some take the tires with them, drain the oil and siphon out the gas. In extreme cases, the engines have been removed, leaving just a shell for the repo man to load onto his truck and haul away.



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