Used-car prices for the most part are set up by new-car prices.

They're simply postponing the acquisition of a full-size sport/utility until they see what happens with gas prices,

Toyota wound up with this paradox. They're selling a car meant for young people to older people. It's not where they wanted to be.

That is a true concern. If the (property) values were to be affected, sure, I would be opposed to it, too.

People are willing to spend money on things that make their lives easier.

If it's priced right, even if the quality is somewhat less than other makes, they'd consider buying (Chinese cars) because Americans love a bargain.