#German

I know that European vehicle snobbism is often frowned upon here, but I do love the look and feel of German cars better than any other. The downside seems to be maintenance costs, that they are simply not affordable to own.

I’m going to be looking for a car in about the $20-25k range, so my choice is between pretty dull new Japanese cars and a circa 2008 BMW 328i or Mercedes C300. Both of them seems to be really attractive cars, but of course the enthusiast crown always goes to the BMW.

What I’m wondering is if the Certified Pre-Owned (CPO) program might be the answer. I’m sure most of you already know this, but the general idea is that they inspect and recondition low mileage used cars, give them a comprehensive warranty and basically treat them like almost new vehicles. The Mercedes program is the best known, but BMW appears to be coming on strong with an offer of five years free maintenance. On paper that should mean nearly cost-free ownership save brakes and other wear items.

Volkswagen was all grins when litigating hedgies lost the first round in court in the U.S. (it’s on appeal) and when the public prosecutor in Stuttgart dropped some of the investigation into former Porsche CEO Wendelin Wiedeking and former CFO Holger Härter (only to add new angles.) Until the matters are cleared, Volkswagen and Porsche officially are not married, unofficially, they share all available beds.

Now, a new lawsuit causes frozen faces and acid reflux at the very top of Volkswagen: German investment funds intend to involve prominent supervisory board members of Volkswagen AG in a billion dollar court case.