Hard to believe someone like me would need a rich fantasy life, isn’t it?

If you haven’t guessed it by now, I love cars and like a lot of people I spend a lot of time thinking about the ones I might like to own. My daydreams live in an odd place, they don’t run towards the higher plane of pure fantasy where the Ferrari and Lamborghini live, and, despite the fact I expect to be buying a new minivan or SUV in the next couple of years, they don’t run to the purely practical, either. No, my fantasies live in that middle place. A place where the cars are interesting and, as unlikely as a purchase may be, still attainable.

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The good old days of late summer 2009.

It was a great time to buy a new car. Monthly new car sales in North America had plummeted to under 10 million units.  Access to financing seemed to be near impossible for a lot of consumers. Brands were orphaned. Leasing collapsed. Banks were picky. The future was uncertain and… raw materials were cheap.

It was a good time to buy new at a deep, deep discount.  Has that time passed?

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Carleton writes:

Sajeev,

I have two essentially unrelated questions but both seemingly require something that I greatly lack: money.  I’m a 22 year old engineering student in New Hampshire and have been around cars my whole life.  Over the past few years, I’ve purchased several older motorcycles on craigslist very inexpensively, sorted the mechanical issues, cleaned them up and sold each on for a solid profit ($500 to $1000 profit per bike).  While this has been fun, cars have always been my real passion.  Working on motorcycles has given me the confidence to tackle a project of a larger scale, so I am seeking advice to realize two long awaited desires.  I am currently working and making around $1000 per month and can play with about $200-$300 every month.  Furthermore, I have access to my grandfather’s a large garage with pretty much every tool needed to do any automotive work. (Read More…)

TTAC Commentator PartsUnknown writes:

Sajeev,

Long story short, a family friend has an ’86 944 non-turbo sitting in her driveway in suburban Massachusetts. It belongs to her son who lives in Manhattan. Although he loves the car, it simply does not fit his current lifestyle. He wants to sell it, but is not actively pursuing it. His mother is constantly suggesting that I buy it (she knows my predilection for cars). Here’s the deal: it’s been sitting for a few years, driven sparingly. It appears to be in good cosmetic condition and it apparently runs. I know these cars are expensive to maintain.

I’m a busy man, with a wife and two young kids, a demanding career and a Saab 9-5 that I like to tinker with to satisfy my inner mechanic. I value time with my family above all, and while focusing on saving for retirement and college tuition, probably couldn’t afford to dump massive amounts of money into this car. The only reason I’m even considering it is that this guy’s mother has hinted that he just wants to get rid of it, and she said laughing, “he’d probably take $1,000 for it”. Question is, should I even entertain the idea? What, at minimum, would it cost to get this thing roadworthy as a weekend ride considering its relative lack of use (keeping in mind I’m a middling DIYer)? I’m leaning no, but $1,000 for a decent 944 seems like a no-brainer. Almost. I previously owned a 1986 911 Carrera Coupe, which was a fantastic car, but I sold it for precisely the reasons stated above – to prioritize time with my family over spending a Saturday replacing blower motors and ball joints.

Talk me off the ledge. (Read More…)

My wife has requested that I get a jeep type vehicle that we can use to do some light off road driving, i.e. she wants to drive on the beach.  I see this as an opportunity to buy a fun 4×4.  I would like to take it off road a bit and try to get it stuck.  My requirements are that it be a 4×4, cost $15000 or less and can support a winch.  It does not need to be a daily driver, and manual is OK, but automatic is slightly preferred.  Finally, I am not looking to buy myself a job as a mechanic. (Read More…)

Why that car? My cousin was slightly amused at the sight of my 2004 Ford Taurus SES. A rental car seemingly loaded with penny-pinching mediocrity and cut corners. An unusual choice for the holidays. It had made the long journey from Northwest Georgia to Jewish Florida in a day’s time. The leather was cheap, but functional. The buttons were cheap, but functional. The price bought it for was very cheap…

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