#StevenLang

Hammer Time: Buying Ugly, Selling Happy

Today I bought an Astro with a garbage bag for a driver’s window. Three very ugly Cavaliers. A Dodge Ram with a vinyl interior. A brown Chrysler Concorde with a deformed trunk lid. A Ford F150 with plexiglass rear glass. A Tahoe with 235k. A Suburban with a rebuilt title, and a Maxima that doesn’t run… yet. Total cost was about $8500. Why would I buy all this drek? Well, truth be told none of these will be keepers. I won’t be financing them. They won’t be used as rentals. In fact I have absolutely no clue about their long-term durability. I bought them because I needed to fatten up my dealer auction for next Tuesday. Will it work? You bet.

Steven Lang Feb 28, 2010

Hammer Time: The Toyonda Premium

Go to any auto auction. Chances are you’ll see 2001 Accords and Camrys go for higher prices than 2003 Tauruses and Grand Prixs. Is that premium justified? Well, I’ll put it to you this way.

Steven Lang Sep 22, 2009

Recent Comments

SCE to AUX Introduce a modern V-16 and put it into a Celestiq-like vehicle instead of electric.
DungBeetle62 For where we're at in the product cycle, I think there are bigger changes afoot. With this generation debuting in 2018, and the Avalon gone, is the next ES to be Crown based? That'll be an interesting aesthetic leap.
Philip Precht When Cadillac stopped building luxury cars, with luxury looks, that is when they started their downward spiral. Now, they just look like Chevrolet knock-offs, not much luxury, no luxurious looks. Interiors are just generic. Nothing what they used to look like. Why should someone spend $80,000 on a Cadillac when they can spend a LOT less and get a comparable looking Chevrolet????
Ajla A time machine.
28-Cars-Later This question has been posed many times and we discussed it in depth around the time of the ATS and JdN. Then GM had 933 dealers left over from its glory days and ATS was intended to be volume lease fodder for all of those dealer customers. But of course the problem there is channel stuffed junk worked against the image they ostensibly were trying to create when they threatened products like Escala (and the image they thought they were creating with ELR). Cadillac had two choices in my view at the time, either drop 2/3rds of the dealers and focus on truly bespoke low volume product or abandon the pretense of exclusive/bespoke and build high volume models as they had essentially been doing since the last 1960s. Ten years on the choice they made was obvious, hence XT everything... XT an acronym for Xerox This when pointing at Chevrolets and Buicks.There's no "saving" a marque which doesn't wish to be saved. In the next major financial crisis Buick may be folded or consolidated into Chevrolet but Cadiwrack will just become a wrapper over whatever Chinesium infused junk the new openly owner/controlled SAIC GM wants it to be. Cadillac been gone for a long, long time.

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Hammer Time: Buying Ugly, Selling Happy

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