By on August 31, 2015

1

“Honey? I just got into an accident!” she said.

My body experienced an instant adrenaline rush as my mind wandered through the worst “what if?” possibility of that moment, something like the image above.

My wife… Hospital… Pain… Medical bills… The other driver…

“Is everyone okay?” I asked in reply.

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By on August 25, 2015

4 a.m.

The alarms clocks ring. Both of them. Just in case I get any funny ideas.

I go through the semi-conscious motions. Clothes… suitcase… glasses… coffee… breakfast. By 4:15 a.m, I’m out the door and driving to the airport in a 21-year-old Geo Prizm. I figured that a 5-speed and a stark lack of noise insulation will keep me alert. Thanks to Atlanta’s penchant for using steel plates to cover up every possible pothole on the road, I am not disappointed.

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By on August 17, 2015

You may have noticed that car dealers get bashed by the mainstream media on a regular basis.

There are a few good reasons for that.

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By on August 12, 2015

geo1

Imagine if you will.

The world’s largest and most consistently successful automaker is in deep trouble. Not because of profits, but because of products.

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By on August 3, 2015

opening

Hi folks. My name is Daryl Horton and I run an auto recovery company out of Tallapoosa, Georgia. It’s a nice little place on the very tip of southern Appalachia that I always like to call a “big small town.”

We happen to have about 3,000 people in the city limits and about 30,000 more in Haralson County. The county pretty much stretches like an angry copperhead from the border of Alabama to the outskirts of Atlanta, thanks to the South’s unique killer combo of old liquor laws and modern day politicians. I always tell folks that we may someday run out of jobs in Tallapoosa, but we most definitely will keep on having snakes whether they’re in the bottle or out walking around!

Anyhow, life has always been a bit interesting out here. I grew up in Tallapoosa and my mom, who worked as a secretary at the nearby elementary school, made sure that my two sisters and I would become straight arrows. She loved us, but cars brought on an entirely different range of emotions in my mom.

Hate at best, and extreme rage at worse.

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By on June 23, 2015

is7

I usually have more fun with $5,000 cars than with $55,000 cars.

It’s not because I’m cheap. Well, let me rephrase that. I love investing in a quality vehicle, but in the world that is wholesale auctions, I rarely get to see them. You can find nearly anything at the auctions that has been traded-in, repossessed or not picked up at the end of it’s lease. What you can’t find are the keepers.

Toyota imported only a bit over 5,000 of these IS F sports sedans from 2008 thru 2014. The number brought to auction so far in 2015? 35. Annualized, that’s less than a 1.5% turnover rate in a business where anywhere from 20% to 60% of late model vehicles will revisit ‘wholesale heaven’ before getting shucked back into a retail dealership.

After a week and change behind the wheel of this 2014 Lexus IS F, I finally figured out why you see so few of these vehicles at the auctions. It’s the one missing ingredient that nearly every enthusiast publication glosses over when they review any high-end sports car.

The real world ownership experience.

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By on June 27, 2014

civic1

My brother-in-law’s 1997 Honda Civic took a vacation recently, and it only cost me about $700.

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By on June 26, 2014

squidoo

If there is a hell, you will probably find it on Craigslist.

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By on June 18, 2014

govcar

There a few things I can’t wrap my mind around these days.

Take for example, Zipcar.  The car sharing firm that supposedly offers the Millenial vibe, is actually run by the old GM dumping ground for unpopular vehicles established rental company Avis.

That’s not a bad thing at all. Long story short, the opportunity for Zipcar to buy and manage vehicles at Avis procurement levels makes what was once a pipe dream, financially realistic. Avis gets to expand their fleet with minimal overhead costs (the two companies share the same vehicle fleet), and Zipcar gets to focus on expanding the idea of car sharing.

The problem for me is that the economics of car sharing under a corporate umbrella is still a bad idea for 99% of the folks out there.

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By on June 13, 2014
YouTube Preview Image

I am pacing back and forth in a 200 square foot wooden building that I had exchanged for a 1996 Volvo 850 sedan back in 2008.

“What the hell am I going to write about? I know nothing about racing! Zip!”

“Well Steve, maybe we can arrange for a few interviews.”

“Would they be racers?”

“Aaahhh, no.”

“Owners? Hookers? How about the guy who fires the gun?”

“What gun?”

(Read More…)

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