By on February 25, 2014
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6:30 P.M. and three more cars just pulled up to my place… on a Monday…

Have I just bought a McDonald’s franchise? Not quite. This is the start of what we call “tax season” in the used car business.

A time when tens of millions of Americans who live paycheck to paycheck get a nice four figure lump sum from Uncle Sam and his favorite sub-prime debt dealers.

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By on February 19, 2014
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We want to go on a road trip this summer.

There are four of us. Myself, my wife, a teen and a tween. The wife and kids are thin and I’m about average sized.

Why do I mention this?

We are looking at getting a normal-sized vehicle that can potentially sleep four.  A minivan, crossover, or even a large SUV would be perfectly fine for us. We think that there will be times when we can’t use a tent, and I would rather get away from the overpriced state parks if it’s at all possible.

Our budget is $10,000. We don’t want anything funky to maintain. For us that means no VW vans. We will consider most anything else.  All domestics and imports are on the radar so long as they allow us reasonable sleeping quarters for our family.

Any ideas?

Steve Says:

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By on February 18, 2014
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Georgia is now seriously weighing in House Bill 907 which opponents have dubbed the, “Taxi Monopoly Protection Act.”

It would effectively outlaw ride sharing services like Uber and Lyft. While also making cab companies victims of the usurious fees that they are required to pay to remain in business.

My solution to all this would be politically tone deaf and probably DOA in GA. My special interest is simply a personal one. I want to see better ideas work for the general public.

So here’s my deep dive into the rabbit hole that is government balancing one man’s freedom with another man’s fears.

 

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By on February 12, 2014

littlebangtheory.wordpress

 

When I peruse the websites of some of my local yards, it seems like some of these cars have very little damage but some insurance adjuster has written them off based on whatever metric the company uses.

I’m an experienced shadetree mechanic and it seems like getting a 3-4 year old car for 30% of its original MSRP would be a screaming deal, and since warranty coverage is no longer an issue, it comes down to diminished value on the salvage title. I tend to keep my cars for 8-10 years so who cares.

Here’s where my doubts creep in.

If it was such a great idea, I would have surely read more about it. In the case of this one nearby yard,  they have a huge collision repair facility. So why aren’t they repairing and flipping these cars? Googling doesn’t provide a whole lot on the pros and cons, just on the procedural aspects.

Any experience or stories ?

Steve Says:

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By on February 10, 2014

car.mitula.us

A reader sent me these parameters for picking his next vehicle
I’m at a crossroads. I’m looking for a cheap – laughably cheap – like less-than-$3,000 cheap – car for my next daily driver. It’s got to be economical (near 30 mpg hwy) and fun to drive, with decent aftermarket support (so I can throw a couple mods at it – I’m a gearhead). Oh, and since I’m 6’1″ and have a 1-year old daughter, it needs a back seat.
We can skip the DSM/Mitsubishi reliability warning.
By on February 3, 2014

vwvortex

It would take an immense amount of effort to prove that VW was not telling the truth in their latest Super Bowl commercial.

First you would have to pool registration data from dozens of different countries within the US, EU, Japan, China, Southeast Asia, Africa, and the Middle East.

That’s one tall order. To even make that remotely possible, you would have to get the data from the various states within those countries. Quite a few of them would likely have a hard time even coming up with data that is easily downloadable.

As for verification of mileage? Good luck with that! Even in the U.S. of A., not all states require emission and registration checks that verify the mileage.

So let’s remove probability altogether from VW’s Superbowl proclamation, and deal with the cold hard facts related to the wholesale side of this business.

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By on January 31, 2014

exp1

By the time you read this, I will have bought the last $100 car sold at a public auction… that actually runs!

This 1994 Ford Explorer XL has just under 94,000 miles and has been sitting at a local water department for a couple of years now. The exterior is nothing special, but the interior is surprisingly intact and well kept.

Which begs the question, what the hell should I do with this thing?

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By on January 30, 2014

Ford_vs._Chevy_cover

There are some things that I am too damn old and open-minded to understand.

Like hating a car brand. Especially in those common cases where folks haven’t been exposed to any level of vehicle derived hardships.

Toyotas are boring. BMW’s are Yuppie-mobiles. Mercedes-Benzes are for snobs. On an on, through the lexicon of cliche and generalizations comes the silliest of stereotypes. As much as I hate to see it, hear it, and read it, I’m resigned to the fact that there is always going to be some version of this nuttiness in our world.

But what if there was an easier means to defeat it? In fact, as many of you know, there already is. A force of human good that can outdo any scam artist or snake oil salesman.

The enthusiast forum.

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By on January 29, 2014

amazon

Life is sometimes about extremes, and with the extreme life of buying and selling cars comes two cars, recently purchased by me, which easily represent the polar opposites of all things automotive.

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By on January 24, 2014
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I have three choices for a “New or Used?” column today.

#1 Is a real estate agent from San Francisco who is looking at spending $13,000 on her next ride. She needs something ‘nice’ to shepherd around her clients.

#2 Is the owner of an Acura RSX Type-S that has 108,000 miles. He is looking at whether to spend about $1500 in new tires and suspensions components. Or whether to blow the budget and spend $40,000 on something new.

#3 Is Baba Booey

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By on January 22, 2014

07dts1

98 dealers are busy looking at 89 vehicles. Check engine lights are being scanned. The hoods are opened, engines are revved, and Bluetooth is the technology of the moment. Wholesalers, along with professional car buyers like me, are busy making arrangements with those dealers and individuals who want to buy an auction vehicle on the cheap.

There’s only one problem with all this. We’re on the eve of tax season. A time where everyone short on dough files a tax return on the expectation of a nice four-figured refund in early February. Millions of those refunds will eventually be used towards one of three purposes: paying down debt, purchasing electronics, or putting a down payment towards a nice used car that will likely be financed to the hilt.

The prices at this specific auction are always high. But today, they were in outer space.

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By on January 16, 2014

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“You can have any car you want. So long as it’s a Toyota or Honda.”

My parents had offered to split the costs of a new car with me back in 1994. That matching policy eventually included an awful lot of disclaimers and exclusions.

“No V8! No V6! No turbo! No stick! No convertible! No small car! No! Nein! Nyet!”

I eventually settled on a red Toyota Camry Coupe that served me well for 12 years and nearly 240k miles. It’s still on the road, which is funny because my brother, who had an equal bent on the Toyonda reliability supremacy, did something unusual recently.

He bought an Audi. Then he did something even stranger than that… he bought another.

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By on January 10, 2014

123rf

 

I just got a job that involves a fair amount of driving and I am looking to spend about 11-13k on a car that is fun to drive but at the same time practical and reliable.

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By on January 9, 2014

Phony

In the world of auto journalism, there are a laundry list of used car buyer’s guides that end up molderizing on shelves and stagnating on servers.

These self anointed guides will offer the typical consumer nothing of value except puffed up prose designed solely, and soullessly, to make you feel better about your own car buying biases.

Let me take that back. Did I say nothing of value? My mistake. I meant negative value. As in you’re probably going to get royally screwed if you ever take their advice. Here’s why…

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By on January 8, 2014
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I live in a small, genteel, Southern colonial home that comes with all the local goodies.

An over-sized ceiling fan in every room. A little front porch that offers a palatial view of the rolling prairies of Deliverance country.

Throw in a mint julep, homemade lemonade, and the belting baritone of Paul Robeson, and the world becomes my oyster.

Except not right now. It’s too damn cold outside. Which got me to thinking…

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