TTAC commentator Gannett writes:

This has now become an important question around our house: what’s the best/cheapest (not necessarily the same thing) way to drive 25,000 miles a year?

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Take a look at this piece of…

272,522 miles. No fooling. This 1996 Volkswagen Passat 5-speed sedan has traveled a distance nearly equal to 11 times the circumference of planet Earth.

It also visited the dealership well over 50 times during that time period as well. Which is just barely good enough for…

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Some things in life are just plain goofy when you start thinking about them a good bit.

Consider the lyrics to the Lynyrd Skynyrd anthem”Sweet Home Alabama”, coupled with Forrest Gump dancing with his childhood love.

Or Born In The USA as a song frequently used to further political candidates. When the lyrics point straight at the constant screwing of the common man by the powers that be.

Finally we have the Honda Accord. A car renowned for quality, and yet, enthusiasts bitch about it more and more with every succeeding generation.

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I haven’t recommended a new Lincoln in well over 20 years now.

With rare exception, the brand never lives up to the hype of whatever a Lincoln was supposed to represent at various times in recent history. The ultimate luxury coupe that was the Mark VIII. The import fighting LS. The Lexus/Mercedes wanna-be that was the Lincoln Zephyr.  All of them were flops in the new car marketplace for a long list of good reasons.

Even the Lincoln SUV’s, then and now, seem to be little more than overpriced Fords with razor thin chrome accents. While the current alphabet soup of names makes it nearly impossible to recommend any new Lincoln without delving into a smartphone for confirmation that the MK-whatever is indeed an MK-whatever.

There is only one Lincoln truly worth it. The Town Car.  An old one. A well used one. But maybe not as used as this one. (Read More…)

True Miles Unknown. For some folks these three words conjure up the fear of a car with more miles on it than the Grateful Dead. Others simply head on off to Carfax and try to approximate the mileage figure.

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755,507 miles.

This Ford F250 has truly lived up to all the rigors of what a long lasting truck represents. Mileage beyond the moon. Scuffs aplenty. Vinyl seats.  Not to mention an engine and powertrain that truly stood the test of time.

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The first generation Insight was a commercial failure. Eight years yielded fewer than 20,000 unit sold and a lingering doubt about the genuine interest in two seat commuter cars.

Honda tried again with the CR-Z, and apparently George Orwell’s early Animal Farm analogy about ‘four being better than two’ may be all too true for the American automotive marketplace.

Nobody wants an uber-frugal commuter car with two seats. It’s either four or no sale.

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Dave writes:

Sajeev,
I’m a sales rep for a corporate auto supplier in the Detroit area. I currently drive a 2008 Dodge Magnum SXT that I put around 5000 kms per month and currently has 165000kms. Bought it as a lease back with 30000kms in 2009 and it’s completely paid off.

My question is – Do I drive the Magnum for another year, putting the mileage up over 200000 and far reduce the residual value or do I trade it in on a low mileage Explorer, Flex, or Durango and start the process over again getting more cash value for the Mag. There’s no real reason to dump the Magnum – It’s in fantastic shape and aside from regular maintenance and some front end suspension work, hasn’t emptied my pockets.

Just looking for another point of view and some insight into what the residual value over time and mileage looks like for the situation.

Thanks,
Dave (Read More…)