New or Used: "Ja-nee" on Short Term Rentals?

Cody writes:

Dear Sajeev and Steve,

I work as a research scientist, and currently we have a visiting scientist from South Africa working with us for six months. Normally visitors stay in university housing and are able to take the shuttle bus to our lab, but our current visitor is bringing her husband with her and staying in a house they found themselves. She should have about a 30 minute 20 mile drive to the lab and just looking for reliable transportation around a medium sized city, and maybe the occasional weekend sightseeing trip. She does already have a rental scheduled at the airport for the first week (probably an Impala), but for more long-term what type of newer car should she be looking for that will retain its value when she goes to sell it at the end of her stay, or would it be more reasonable to rent for six months? I will mention she drives a Land Cruiser most of the time in South Africa and seems to like it a lot.

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New or Used: Eliminate Debt, Eliminate Subie?

Ryan writes:

Sajeev and Steve,

I find myself perplexed by a vehicular conundrum. A year ago I purchased my first new car, a 2010 Subaru WRX STI SE. It is a great car. Previously I daily drove a 1997 Toyota Land Cruiser. Another great car. I drive about 20,000 miles a year, mostly on the highway.

My wife and I both work. We contribute heavily to our 401K’s and IRA’s. About a month after I purchased the car my wife decided to go back to school, for an MBA. No problem. She now has a year left. For the year we will be setting aside just shy of $1000 per month to pay for her schooling. This leaves us saving very little over the next year. We have emergency funds to last a few months should the need arise. I want to eliminate debt as soon as possible (currently 2 car loans and a mortgage, nothing more).

My inner cheapskate has become uncomfortable with the nearly $1100 a month operating costs of my beloved STI. My inner car guy misses the Land Cruiser terribly. I’m without a truck. Replacing the STI with another 80 series Land Cruiser or Land Rover Discovery I do not save much money because of the fuel costs.

I am contemplating selling the STI, and picking up a truck and a commuter. The commuter would need to be somewhere around $10,000 or less. Cash for one vehicle, maybe a loan for the other. The ideal commuter would be more comfortable than the STI, get around 30 MPG, have four doors and possibly be all wheel drive (for ski trips). Cadillac CTS? Lexus something? Nothing soulless, please. I can turn a wrench and can maintain both vehicles no problem.

What say you? Do I keep the STI and buy a truck when I can? Sell the STI, buy the truck and commuter? If so, what kind do you suggest?

See the attached spreadsheet. ( Ryan’s Car choices)

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Junkyard Find: 1989 Toyota Land Cruiser

Well, here’s a truck you almost never see in junkyards. In Colorado, FJ60/62s have been considered sufficiently desirable that even beat ones mostly get snapped up at pre-Crusher auctions. Perhaps that’s all changing now, what with gas prices knocking down the prices of newer, more modern/less “truck-y” SUVs.

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Snorkel-ized, RHD Diesel Land Cruiser Laughs At Denver Winter

In my first Denver winter after a driving lifetime in coastal California, I’m now experiencing my first real taste of driving in snow. My ’92 Civic is doing pretty well (i.e., I haven’t crashed or become stuck yet), but I’m starting to eyeball Craigslist listings for IHC Scouts and FJ40 Land Cruisers. After spotting this Toyota in my neighborhood, I may have to forget about the Scouts.

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Curbside Classic: 1965 Toyota FJ 40 Land Cruiser

References to the “DNA of a brand” is a long overused cliche, and perhaps finally on the way out. But it can be a valid consideration, depending…In thinking about Toyota and its early genetic roots, one might well conjure up images of the first Corona, or the Corolla, whose modern descendants (Camry/Corolla) still reflect the basic mission of their ancestors. But isn’t the true Urquelle of Toyota’s reputation its legendary reliability and durability? Well, the following historical tidbit may cement the idea of where I’m going: in 1965, the year this FJ40 Land Cruiser was built, it was Toyota’s best selling vehicle in the USA as well as the rest of the world outside Japan. This is the car that Toyota sent out to conquer the world. And this well-worn original example typifies it better than any other I’ve ever seen: it’s literally exuding ruggedness through the pores of its patina. How many folks has it sold on the brand over its long life? Hang on for a longish bumpy ride as I recount the history of the FJ and my own initiation into the cults of off-roading, hitchhiking, and Toyota.

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