By on September 18, 2015

Monte Carlo SS

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.

(Read More…)

By on September 10, 2015

94Viper2

Monday morning. Auction time. I have 116 vehicles in front of me and a 21-year-old supercar that’s making me think back to the days when truck engines in car bodies were still all the rage.

(Read More…)

By on September 9, 2015

meme

I guarantee that every brand loyalist will have a reason to hate me after reading this article.

Every manufacturer sells a shitty car or two and then hides those defects behind a not-so-small army of lawyers, dealers, and corporate employees.

Why?

It’s the corporate American way. In our legal world, the power of denial can save you billions of dollars if you have the right army to fight your battles.

Every manufacturer plays this game. Every… single… one…

(Read More…)

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.

(Read More…)

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.

(Read More…)

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.

(Read More…)

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