#Cars

There it stood, right next to the Michael Jordan Wheaties display.

A brand-new 1992 yellow Geo Metro convertible.

Price Chopper, a local New York supermarket chain (think Pathmark or Albertson’s on crack) was opening up a brand new location in Saratoga Springs.

The Metro would be the perfect vehicle for upstate New York’s salty roads and wickedly cold weather for one irrefutable reason. It was free… after tax, tag and title. The only thing I had to do was figure out how to win it.

So I got busy. 150 entries a day for 3 full months. 13,000 in all. The day came for the drawing, and I won!

In roughly 50 words, author Nassim Taleb neatly summarizes the answer to every essay ever penned about how “Car Company X Has Lost Its Way”.

While our own Ronnie Schreiber may have taken Zero Hedge to task for its inaccurate story on unsold cars, Australia is facing a situation where rising inventories have created a buyers market, just as local production of automobiles is winding down.

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:

“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.

Video contains offensive language — JB

“Sweetie, please don’t tell them I’m a car dealer.”

“They already know Steve. Oh, before I forget, Jeff will be asking you where to find a cheap transmission for his Dodge Caliber.”

“Hmmm… you know what? I think maybe I should change my name to Siri. I could have the guys pull my finger and the women…”

“No you won’t! And don’t go on about fixing Johnson Valves and torquing your nuts. And please, don’t brag about your John Holmes drill either.”

“Sigh!”

Photo courtesy of curbsideclassic.com

My 1974 Nova was as utilitarian as they come. It was a low optioned base model with a 250 CID inline six mounting a one barrel carb and backed by a three speed manual with a column mounted shift lever. It had so few options that on the inside it had a rubber floors, vinyl seats and a pegboard for a headliner. Outside there was no decoration, nary a pinstripe nor so much as a strip of trim to protect the car’s flanks from door dings. It was a plain, gutless, spiritless little car that inspired no passion or love from anyone other than the 17 year old boy who owned it. To me it was, and still is, one of the greatest cars ever built.

Well, folks, I’m sure you’ve heard the news: Nissan is cancelling the Altima Coupe. This, I believe, will affect many of us. You, for instance, might read my opening line and think: I MUST GET ONE BEFORE IT’S TOO LATE. If that’s the case, I strongly suggest visiting a Nissan dealer before supplies dry up, likely sometime in early 2015.

In my rant about the Holden Ute, I qualified my cynicism with a caveat; my tastes are not representative of the broader market, or what makes good business sense for an auto maker. Some of you suggested that I should start injecting more of my own opinions/enthusiasm into these sorts of articles. I am reluctant to mix business with my own automotive fantasyland (after all, everyone with access to a keyboard does just that that), but this post isn’t supposed to be informative or insightful, just pure fun. I am limiting myself to new cars on sale outside the United States and Canada, as there are far too many used cars out there that I’d love to own.

Something I’ve long maintained (and that has been backed up by many of the B&B) is that young people still like cars and do care about them. The issue of falling car ownership among young people is largely an economic one. The cost of living is going up while wages are stagnating. Gasoline is expensive. Student debt, smartphones and rent are more important obligations than car payments, insurance and fuel. All of that can be quantified with data.

What hasn’t been so easily demonstrable was that young people still like cars, despite the wishful thinking of many who cheer for the end to the automobile era. Now we finally have some good research that backs up my gut feeling.

This week, the idea of Brazil’s cars being “unsafe” due to inferior construction has been gaining a lot of currency on the blogosphere after the Associated Press published a report on this topic. Very few outlets have anyone posted in Brazil to do any deeper digging, but TTAC does. Unfortunately, our man Marcelo de Vasconcellos is currently in exams right now (good luck, Senhor!) and was unable to write up an article refuting these claims. Still, Marcelo took the time out to talk to TTAC about the problems behind the article.

Coffee. Old magazines. Quiet murmurs of conversations. I am stuck in an old office with two dozen other people who are awaiting instructions from a young tattooed lady with a clipboard and a shrill nasal voice.

“Follow me!”, I hear six inches from my ear. It seems like the perfect moment to have a rendezvous with the doctor, the dentist, or the job interview. Or at least someone who doesn’t instantly give me an instant flashback to my New Jersey upbringing.

Not this time. I’m in…

There are a lot of unappealing cars that most of us would never buy, and wish that automakers had never built. If you’re like me, you’re probably thinking of the Pontiac G5 right now. Or the G3. Or really any Pontiac made since about 1976. Except, of course, for the G8, which is automotive perfection according to their owners, who show them off in large numbers at cars and coffee events and do burnouts as they leave.

But how about a variation on the theme? What about cars that you’d never buy, but you’re glad were built? This question was inspired by a post on my blog where someone described the Buick Reatta this way. I don’t agree. To me, the Reatta belongs in the former category, somewhere between the Pontiac G6 and that awful Daewoo-based LeMans hatchback.

Instead, here are a few of my picks.