The 2009's are already out, so not sure what the benefit of waiting is. All dealers are trying to get rid of the larger cars - seems to be better incentives on those right now, while there is minimal available on the smaller cars.
We just bought a 2005 Hyundai Tuscon with only 20k miles on it (car fax shows only one owner and it being shuffled around in the dealership) for $14k. So far we are very happy with it (except the sound system really does stink). It is getting 18-20 in the city.
I think it depends on how much you want to pay NOW for a car. I think buying a car just because it has good resale value is not economical. With a new small SUV going for $20k+ - that is alot of money to drop up front just to get a few grand back when you trade it in. In Virginia we pay property tax, so a new car nails us with tax a bill of hundreds of dollars once a year. In these economic times, I am trying to make good financial decisions and dropping $600 a month for a car pmt was a total negative for me.
Enough of my little finance speech

(CB is really making much more money conscience than I used to be) - lol. I do believe in Consumer Reports, and that is how I ended up with the Hyundai - good car for a fair price. Oh, and it is a nice color too