One of my good friends and long-time TTAC commenters asked me this question.
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.
A few weeks ago, on this very collection of ones and zeroes, I asked the question, “Why Does The Public Accept Car Reviews From People Who Can’t Drive?” I got several responses from you, the B&B, that seemed to indicate that a car’s top-end performance abilities don’t really matter to you when buying a car and that you can determine everything that you need to know about a car’s performance on a test-drive loop. Therefore, many of you suggested that whether or not a person is a good driver should not be a qualifying characteristic of an automotive journalist, because you aren’t particularly interested in ever driving your car in a way that would test its limits.
Okay. Hey, it’s your opinion, and I respect you for it. I couldn’t agree with it less, but I still respect it.
However, if the public really believes that the pointy end of a car’s limits on track or a curvy road don’t matter, then why the heck do so many people buy the performance variants of cars?
Why are old Corvettes so cheap ? .
I always tell folks that they should try to hit em’ where they ain’t.
Want a Camry? Look at a Mazda 6 first.
A Prius C? One of my personal favorites. But I still have a soft spot for far cheaper closeout models like the Mazda 2 and Ford Fiesta. You may also wind up enjoying them a lot more in the long run.
That final year of a model’s run can sometimes provide that unique, one-time steal of a deal that would put today’s popular car to shame. There is a unique value quotient that frequently can’t be replicated with the brand new stuff, once rebates and slacking consumer demand start chipping away at the true cost of purchase.
So speaking of new cars…
My wife wants me to sell our pristine, time-capsule 90 Cressida for a 4Runner (or similar) because we live in winter-world. I am looking at used 4Runners and the prices are crazy. Typically a rusted 1996-98 with 350-390,000KM will be asking $5,000 – $6,000CDN. I have seen Lexus LS with half the mileage, far better condition and all services done for that price.
What gives? Are 4Runners that good? (Read More…)
TTAC commentator AMC_CJ writes:
My retired mother has come to the conclusion that she needs a 2nd car. Currently she has a 06′ Trailblazer that she keeps in mint condition, and despite having issues with the headlights going out automatically, and a lengthy dealing with GM, it’s been a good vehicle (and to GM’s credit, we think they finally found and fixed the problem with little expense to her). She loves her Trailblazer and it’s perfect for running up to our homestead in WV. But it’s the only car she has, and when it was in the shop recently it left her with a sub-par loaner she couldn’t drive very far. When I lived at home, I lent my parents a vehicle out of my own fleet when they needed. (Read More…)
TTAC commentator BeyondxB writes:
Long term lurker here.. been seeing a lot of Turbo products lately and I wonder is turbo truly making its way to the mainstream? Will we see Corollas with 1.8 turbo engines go on sale anytime soon, and being well received by the automatic-driving masses? I still hold the idea that some Subaru turbos will explode after 3 years (some things you learn in highschool are hard to forget) , is that still true these days?
TTAC commentator zamoti writes:
I have successfully nursed along my aging Maxima without replacing the transmission, but now sans muffler, balding tires and growing rust, I feel it may finally be time to part ways. Though it is fun to offer my fellow motorists a dose of the sound and the fury of the delightful 3.0 VQ, I have decided that it is time to grow up and select a more dignified form of transportation. Plus my wife calls me a hillbilly. (Read More…)
Get any group of car enthusiasts together and they’ll eventually start arguing about which recent models will increase in value over the next twenty years. I don’t think it’s actually possible for assembled gearheads not to discuss this topic, usually somewhere in between stories about past speeding tickets and bashing the Toyota Corolla.
As a result, “investment” cars have been covered quite a bit. But here’s an interesting variation: which cars won’t increase in value? Of course, the easy answer is “most of them.” But more specifically, which recent cars are people holding on to, hoping for a value increase that just won’t come?
TTAC Commentator Halftruth writes:
While watching the Mecum auto auctions recently, a beautiful Plymouth GTX came thru on the auction block. It got me thinking about the rash of brand-icide we’ve seen these past ten or so years. As they pass, others come in. (Read More…)