Piston Slap: But How Much Debt Makes the World Go 'round?

Sajeev Mehta
by Sajeev Mehta

Sajeev writes:

Writing this Piston Slap during “the Big Game” is especially sweet for me, thanks to all of you. Last week’s plea for more content generated about 75 emails for your reading pleasure, which at the rate of 2 a week, means you will continue to enrich the lives of everyone who reads Piston Slap. Which makes me more proud than I can possibly convey in a short period of time. So let’s do this thing!

Mark writes:

I drive a 06 Civic sedan with about 138K on the clock. I only drive about 18 miles a day, and the car is in decent shape.

Some exterior flaws; scrape on the rear passenger wheelwell from my wife, a fist sized dent on the recently replaced hood from where I hit a deer. The struts seem to be going (ride is getting rough, I am assuming its the struts not something more sinister), the AC compressor died last summer, and the stereo is working on 3 speakers only for some reason not related to the connection at the speaker. Being a repressed, mid life crisis car guy I want to dump the thing and get something new with more bells and whistles. The wife thinks this is the dumbest idea I have ever had, and that the last thing we need is another car payment. All that said: what do you think? Should I bite the bullet and dump a few bucks into this car, or is it throwing good money after bad?

Sajeev answers:

I like your wife…no, not that way! Anyone who likes to limit their exposure to debt is a person after my own heart. That said, from investing in a college education to liar loans, debt does make the world go around. Question is, can you find a happy medium?

The answer is obvious: light up the credit card to Pimp ‘yo Ride, son!

You need new struts for sure: Koni, Bilstein, KYB (or whatever) performance dampers will make life more interesting. Or just get a complete spring/strut assembly, as they are (usually?) less labor to install and your coil springs are certainly not performing as they did when new. Find a set of Civic Si sway bars, they are significantly bigger and more hoon-worthy. Oh, and a strut tower brace and X-brace will help make an old car feel new and tighter than ever before. New (all season or summer) performance tires, maybe new wheels too. I’d go with those retro-70s concept car rims from the Hybrid model…so cool!

And obviously a replacement aftermarket stereo: four channel amp, decent drivers, and maybe the latest Navi-Sat-Traffic-iPod laden head unit. Fun!

I say this because I did just that; slapping on Fox 5.0 Mustang performance parts onto my Fox Mercury Cougar XR-7. That was almost 13 years ago. Now in need of more updating, I drove it into the ground once again. With a smile on my face, I might add. The Cougar kept me mobile while waiting for my custom-ordered Ford Ranger, leaky header gaskets, wandering steering, worn tires, flaky dashboard grounds (my bad) and something awfully stiff in the suspension didn’t hold me back. What’s my point?

I love my new vehicle, and you would too. But I’d never sell my RestoMod Cougar: it shall be fixed up once again to continue the journey…this time as just a weekend toy. And, believe it or not, I’d say the same darn thing about your future-modded Civic.

Send your queries to sajeev@thetruthaboutcars.com. Spare no details and ask for a speedy resolution if you’re in a hurry.

Sajeev Mehta
Sajeev Mehta

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3 of 19 comments
  • Bumpy ii Bumpy ii on Feb 06, 2012

    18 miles a day? Fix up the Civic and trade it in on a Leaf (or maybe a Volt if you know you don't have to drive through the Lincoln Tunnel).

    • CJinSD CJinSD on Feb 06, 2012

      So he should trade $80 a month gasoline bills for a $349 a month Leaf Lease payment plus a 20 to 50 dollar bump on his electric bill?

  • Golden2husky Golden2husky on Feb 06, 2012

    You know what? The tone of his letter to SM is clear. He wants a new ride. In this case, a new car is the answer. He got a good life out of it and a cash strapped Hondaphile will easily snap up his present ride. Sometimes if you want it, and can comfortably afford to pay for it, you have to go for it. After the recent burials of two family members, I am inclined to quote my late mom: This is not a dress rehearsal; be responsible but know when it is time to live...buy a new car.

  • Master Baiter I told my wife that rather than buying my 13YO son a car when he turns 16, we'd be better off just having him take Lyft everywhere he needs to go. She laughed off the idea, but between the cost of insurance and an extra vehicle, I'd wager that Lyft would be a cheaper option, and safer for the kid as well.
  • Master Baiter Toyota and Honda have sufficient brand equity and manufacturing expertise that they could switch to producing EVs if and when they determine it's necessary based on market realities. If you know how to build cars, then designing one around an EV drive train is trivial for a company the size of Toyota or Honda. By waiting it out, these companies can take advantage of supply chains being developed around batteries and electric motors, while avoiding short term losses like Ford is experiencing. Regarding hybrids, personally I don't do enough city driving to warrant the expense and complexity of a system essentially designed to recover braking energy.
  • Urlik You missed the point. The Feds haven’t changed child labor laws so it is still illegal under Federal law. No state has changed their law so that it goes against a Federal child labor hazardous order like working in a slaughter house either.
  • Plaincraig 1975 Mercury Cougar with the 460 four barrel. My dad bought it new and removed all the pollution control stuff and did a lot of upgrades to the engine (450hp). I got to use it from 1986 to 1991 when I got my Eclipse GSX. The payments and insurance for a 3000GT were going to be too much. No tickets no accidents so far in my many years and miles.My sister learned on a 76 LTD with the 350 two barrel then a Ford Escort but she has tickets (speeding but she has contacts so they get dismissed or fine and no points) and accidents (none her fault)
  • Namesakeone If I were the parent of a teenage daughter, I would want her in an H1 Hummer. It would be big enough to protect her in a crash, too big for her to afford the fuel (and thus keep her home), big enough to intimidate her in a parallel-parking situation (and thus keep her home), and the transmission tunnel would prevent backseat sex.If I were the parent of a teenage son, I would want him to have, for his first wheeled transportation...a ride-on lawnmower. For obvious reasons.
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