A 2000 Ford Mustang GT is not exactly a car that I would like to call a second home.
It’s a tad claustrophobic. The plastics are borderline industrial grade. And the Ford 4.6 Liter Modular V8 is not especially known for offering the level of fuel efficency needed to make this car a long-term money saver.
Thankfully, this vehicle was quickly disqualified thanks to a Carfax that showed it only had 123k miles back in 2010.
300k a year? Two years in a row? I think not!
Therefore I am awarding this week’s award to a far distant runner up. A 1999 Chevy Suburban that offered all of 414,268 miles before finally being sent to the trade-in world we affectionately call at the auctions ’wholesale heaven’.
A loaded Suburban was once seen as an example of wealth and opulence. Stop laughing!
This particular Suburban offered all the niceties of the Clinton Era. Thick leather seats that could fit 98% of American posteriors. A premium sound system with a cassette AND a CD player. Running boards. Tow hitch. Plastic buttons galore that all seemed to be derived from Tonka surplus.
Everything but all wheel drive and a minority interest in a nearby oil well.
These models were absolute marvels to own back when gas was hovering between $10 to $30 a barrel. Millions of Americans wanted to give themselves the infinite luxury and bloat of an SUV. Although the Suburban offered all the sophistication of a ballpienhammer, it regularly outsold every full-sized SUV in the marketplace.
The world that once was is, of course, no more. The late 1990′s were a unique time when trucks and minivans collectively outsold cars and little cars were produced mainly to susbsidize CAFE requirements and the real profit makers.
As crazy as it sounds, these large vehicles also helped out the average small car buyer back then. Strong demand for SUV’s at the auctions resulted in cheap retail prices for those smaller late model cars. In 1999 I could buy a two year old mid-level Ford Escort at the auctions for less than $6,000. Retail was only around $7500 to $8000 at best. We’re talking about a near 50% drop in price within a two year period.
Small cars were to resale value then, what Suzukis and Saabs are to resale value now. A towering financial cliff worthy of a cheapskates consideration!
On the far lower end of the market. you could have found plenty of perfectly fine $500 to $1500 cars at the auctions that needed only minor mechanical or detail work. Transportation was cheap thanks to the low price of gas and the anti-small orientation of American car buyers.
By the way folks, this particular car had no announcements on the auction block. No engine issues. No transmission lurches. Not even a scuff on the body on frame. Nothing but wholesome old-school Americana. Everything was up to snuff. Even the odometer!
I’ve always thought that Suburbans were the ultimate hoarder rides.
Want to buy some Yoohoos and never throw them away? Or a go on a neverending shopping trip?
The Suburban was nowhere near as good for that purpose as the creaky old full-sized vans that get plenty of steel storage shelves and a lipstick refresh every 10 years or so.
Too bad they drove like ox carts. On the road those full-sized vans were as appealing to the fairer sex, as scooters are to Hell’s Angels. Even dozens of conversion van outfits couldn’t stop the SUV from becoming the undisputed kings of profit; with the Suburban and Ford Explorer raking in billions for GM and Ford respectively.
With a Suburban a mom could pull a trailer along with a brood of childlike creatures and feel right at home. Except this happened to be a home where you could visit hundreds of drive through windows. Talk on a cell phone. Cut off the poor schmoe driving the Ford Escort, and enjoy a gas bill that would rarely go above forty dollars.
They sold well back in the day because they filled a need… along with a neverending list of wants.
Today despite CUV’s, crossovers, and glorified mini-wagons eating away at the Suburban’s market segment, there is still a healthy demand and profit to be had with these models.
I would even be willing to bet that if gas ever goes back to the party that was 1999, SUV sales would once again rock n’ roll.
In big countries like ours, small doesn’t sell unless big costs too much.
In the future I will miss these Suburbans… so long as I don’t see so many of them. Too much time driving a lowly Escort made me averse to all things SUV.
But how about you? Has there been a Suburban that helped you become a mobile entrepreneur? Or perhaps a LeMons hauler? What pleasent valley 1990′s styled Suburban has ever graced your driveway? Or your neighbors?
Do you think the Suburban will become the Murilee Martin hooptie of the future? Or a lurid hangover of the past?