What Is Your Used Car Sweet Spot?

One of my good friends and long-time TTAC commenters asked me this question.

Hey Steve,

If you have a moment, what are the high and low values right now at auction for the following:

2000 Chevy Monte Carlo SS 40K miles gold/tan

2006 Mustang GT premium 27K maroon/tan

2006 G6 GTP folding hardtop 53k black/black

I could only give him one response and it wasn’t, “Go play darts and put some numbers together!”

The answer came in three simple words.

Condition, condition, condition.

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Piston Slap: The Fallacy of Engine Hour Meters?

Ryan writes:

Sajeev Mehta

It appears that you have picked up where Steve Lang left off. That is answering general automotive questions that puzzle automotive enthusiast.

My question, what average speed would be good or bad for a used vehicle? I am in the market for a used truck (3-6yrs old), and have noticed that these newer trucks have mileage and hours tracked in the dash display screen. It is easy math to calculate the average speed for the life of the vehicle. What should I look for?

Or run from?

Best and brightest?

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  • Ltcmgm78 Just what we need to do: add more EVs that require a charging station! We own a Volt. We charge at home. We bought the Volt off-lease. We're retired and can do all our daily errands without burning any gasoline. For us this works, but we no longer have a work commute.
  • Michael S6 Given the choice between the Hornet R/T and the Alfa, I'd pick an Uber.
  • Michael S6 Nissan seems to be doing well at the low end of the market with their small cars and cuv. Competitiveness evaporates as you move up to larger size cars and suvs.
  • Cprescott As long as they infest their products with CVT's, there is no reason to buy their products. Nissan's execution of CVT's is lackluster on a good day - not dependable and bad in experience of use. The brand has become like Mitsubishi - will sell to anyone with a pulse to get financed.
  • Lorenzo I'd like to believe, I want to believe, having had good FoMoCo vehicles - my aunt's old 1956 Fairlane, 1963 Falcon, 1968 Montego - but if Jim Farley is saying it, I can't believe it. It's been said that he goes with whatever the last person he talked to suggested. That's not the kind of guy you want running a $180 billion dollar company.