Category: New Or Used?

By on October 21, 2021

With automobile prices ballooning to egregiously high levels, one might assume that the industry would be in rough shape. But they’d be dead wrong. Supply chain disruptions have actually created a captive market where consumers are desperate to lay their hands on whatever products are available. In the automotive realm, this has allowed retailers to set ludicrous prices and rake in larger profits per transaction. While inflation may eventually catch up to these entities, the gravy train is currently parked at the station and dousing big business with its warm, brown effluence.

Nobody knows this better than the folks at AutoNation. Because the company just released a quarterly profit report that blew its rosiest projections out of the water. Net income its ongoing operations was $361.7 million for Q3 2021, double the $182.6 million witnessed in Q3 of 2020, while revenue rose 18 percent to $6.4 billion.  Read More >

By on May 13, 2021

fastest-selling

April’s fastest-selling used vehicles were led by the BMW 2 Series, according to iSeeCars. The 20 fastest-selling used vehicles averaged 28.7 days, 1.2-1.7 times faster than it took to sell an ordinary used vehicle. The fastest-selling used vehicles included a mix of sports cars, luxury vehicles, hybrids, and minivans.

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By on April 30, 2021

vehicle miles traveled VMT

In March, vehicle miles traveled (VMT) rebounded to pre-pandemic levels. According to the Auto Care Association, this was the first month since August 2019 that VMT topped 300 million miles. To give you some perspective, the distance between the earth and the moon is only 238,856 miles, according to Wikipedia.

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By on April 30, 2021

color

Color counts when selling or buying a car. But which colors help or hurt? iSeeCars.com, a car search engine, performed exhaustive research on this topic, recently publishing the results.

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By on April 7, 2021


pandemic

The pandemic has changed car buying plans for nearly three out of four shoppers who intended to buy in the next six months. New research from Comscore Automotive Data Mart, cited in a story today by Auto Remarketing, indicated the pandemic tops the concerns of four out of ten who had intended to buy.

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By on April 2, 2021

QOTD Question of the day

Jan, Toyota’s innocuous ad spokesperson, poses our question of the day (QOTD)  to picture yourself in a new Toyota. We’re asking, what new vehicle of any make would you picture yourself in? Assuming, of course, dealers still exist.

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By on March 6, 2018

Honda Urban EV Concept unveiled at the Frankfurt Motor Show - Image: Honda UK

Electric vehicles. Yawn, right? It’s easy to be cynical about the high-flying production promises tossed about by practically every automaker, but if the real-life version of Honda’s Urban EV Concept looks half as quirky as the show car, the big H might have a bonafide green hit on its hands.

As the Geneva Motor Show opens to journalists, Honda has announced a production version of the retro-styled hatchback. It turns out CEO Takahiro Hachigo wasn’t lying when he said the Urban EV wasn’t just auto show eye candy. Read More >

By on March 3, 2016

subprime-lenders-car-get-you-guaranteed-approval-on-bad-credit-auto-loans

Good times have clearly arrived, because Americans are flinging money at cars like it’s going out of style.

Leasing has never been more popular for American car buyers, reports the Detroit Free Press, and the size of their auto loans have also reached record territory.

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By on March 1, 2016

2015 BMW X4, Image: BMW

Amsterdam’s port facility is more crowded than a Walmart on Black Friday and it’s all China’s fault.

That, BMW wonders how it all went wrong, Millennials bare their souls to a salesman, Toyota walks down memory lane, and a safety regulator has some explaining to do … after the break!

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By on January 15, 2016

1968 Comparison Test (2 of 26)

Hi folks,

I have a ’15 Subaru WRX and a ’68 Ford Mustang. I pick my daughter up from daycare everyday. When the weather is nice, I drive the Mustang.

My wife and I are thinking of having a second kid, which would render my Mustang unusable since there’s no middle seat and zero space behind the driver. I’ve been lurking on a bunch of model-specific sites and on The H.A.M.B., but I can’t find much info on classics that will fit two car seats comfortably, at least one of which would be rear-facing.

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By on November 24, 2015

BMW 318is

TTAC commentator tedward writes:

Hey Steejeev,

I thought I’d finally throw my hat into the ring as my wife and I are on the hunt for a second family car.

We currently own a ’91 BMW 318is and a ’13 Volkswagen Jetta Sportwagen 2.5 — both manual, of course. In our previous lives as NYC residents, this was an extravagant stable that required personal sacrifice and demanded constant justification in casual conversation.

On one hand, we find ourselves with one real life car that fits us all; on the other, a relatively unsafe car that shouldn’t be relied upon (at 200,000+ miles) for day-to-day duties.

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By on October 26, 2015

Hi Sajeev and Steve,

I’ve always enjoyed this column, and several years ago I took a piece of the advice you provided: I bought a used Ford Taurus for a teen driver.

Anyway, I’m curious for your thoughts on what we should drive now. My wife and I have long commutes as well as 3 children. It’ll be a year before the oldest can sit up front and, at that point, the youngest can go from a massive car seat to a booster.

I log about 18,000 miles per year in an E39 M5. I have little time for it to be down, though I can borrow a relative’s extra car in a pinch. As expected, the car costs a few thousand to maintain per year, plus fuel is about $3,000 per year at today’s prices.

Read More >

By on September 28, 2015

 

grad dad

Riddle me this, GradDad…(photo courtesy: Honda)

TTAC Commentator Silent Ricochet writes:

After almost 6 years and 55,000 mostly reliable miles, the Cavalier must go.

I knew the car was aging and I thought it could make it another year. I recently graduated with my Bachelor’s Degree back in May and since then my Cavalier has been on a steep decline in terms of safety and reliability.

Within the last month alone, I’ve blown three brake lines, the first of which almost resulted in my death. Today, I got the car on a lift for the first time since perhaps last summer in an attempt to fix my third blown brake line (for the rear brakes) and what my two mechanic friends and I saw was horrifying.

The amount of frame rot was staggering. The two of them, with their eyes wide and mouths agape, looked at each other and then looked at me. “Why the f**k are you driving this thing?” One asked. The other said “You shouldn’t be. I’m surprised your parents let you, to be honest.” I thought they were exaggerating. They weren’t. The rust is unbelievably bad.

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By on September 4, 2015

2012_Toyota_Prius. Photo courtesy wikipedia.org

Steve (not Lang) writes:

My wife has a 2013 Prius with a total of 36,000 allowable miles over the 36 month lease through June 2016. The problem is she now drives more and is already at 37,500+ miles! At 0.25 cents per mile, it will add up quickly.

Should we just plan on buying the Prius from Toyota for 16,400 at the end of the lease term? Or should we take a negative equity hit today, cash out and buy a 2015/2016 Honda Accord Sport/EX? We could be looking at $4,000 in lease payment to roll into a new deal to get out of Prius. We kind of learned our lesson to not do a lease since now she drives a lot. Read More >

By on August 7, 2015

Tim writes:

Tim from Hooniverse here, looking to see what you and the B&B have to suggest.

I’m writing for recommendations to replace my ’69 Wagoneer as the Family Dirtwagon. The Wagoneer’s great as a 46-year-old classic, but it’s a 46-year-old classic, and is a little too old, project-y and fragile for what I need. We’re talking about the fourth car in the fleet, aside my wife’s Mazda5 (6MT FTW!), my ’64 Falcon and the ’62 Ranchero LeMons racer.

What’s it need to do?

Read More >

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