#Value

TTAC commentator BeyondxB writes:

Hi Sajeev!

Long term lurker here.. been seeing a lot of Turbo products lately and I wonder is turbo truly making its way to the mainstream? Will we see Corollas with 1.8 turbo engines go on sale anytime soon, and being well received by the automatic-driving masses? I still hold the idea that some Subaru turbos will explode after 3 years (some things you learn in highschool are hard to forget) , is that still true these days?

TTAC commentator zamoti writes:

Sajeev,

I have successfully nursed along my aging Maxima without replacing the transmission, but now sans muffler, balding tires and growing rust, I feel it may finally be time to part ways. Though it is fun to offer my fellow motorists a dose of the sound and the fury of the delightful 3.0 VQ, I have decided that it is time to grow up and select a more dignified form of transportation. Plus my wife calls me a hillbilly.

Get any group of car enthusiasts together and they’ll eventually start arguing about which recent models will increase in value over the next twenty years. I don’t think it’s actually possible for assembled gearheads not to discuss this topic, usually somewhere in between stories about past speeding tickets and bashing the Toyota Corolla.

As a result, “investment” cars have been covered quite a bit. But here’s an interesting variation: which cars won’t increase in value? Of course, the easy answer is “most of them.” But more specifically, which recent cars are people holding on to, hoping for a value increase that just won’t come?

Hey Sajeev,

While watching the Mecum auto auctions recently, a beautiful Plymouth GTX came thru on the auction block. It got me thinking about the rash of brand-icide we’ve seen these past ten or so years. As they pass, others come in.

Not too long ago (but in a galaxy far, far away) I wrote about the deals you can get on unpopular new cars that have brand new replacements waiting in the wings.

Today we’ll examine what happens when those vehicles fall off the depreciation cliff. Again.

The best deal.

Most consumers use this phrase interchangeably with what they really want. The best car.

The question is whether they can find both at the same place.

Aaron writes:

Sajeev,

I currently own a 2007 WRX Wagon with a little over 100,000 miles on it. I love this car, even enough to overlook getting merely 21mpg. Anyways.

As is true with many import car owners who love too much, I started modifying the car almost as soon as I got it. It currently has a 3″ exhaust, a tune, and some miscellaneous other engine bits, with suspension components on order. The car is my current project, and I plan on keeping it for some time. There’s a slight problem though.

Luke writes:

Hi Sajeev:

Unlike a lot of those seeking your sage advice, I’m not going to ask you whether or not I should buy a different car. I know I am buying a different car. My mind is made up, so don’t take any of my words as a question about soldiering on with what I have. My summer car is a mint, nicely upgraded 1994 Chevrolet Camaro Z28 (full Spohn/Strano suspension, hopped up LT1, Corvette brakes, etc) with 60K miles and it is not going anywhere. What I need is a new winter/utility vehicle…

Once again Detroit finds itself atop Edmunds’ True Cost of Incentive ranking of the top seven automakers [via earthtimes], as the domestic OEMs spent about $1.7b (or, about 60 percent) of the $2.8b paid out by the entire industry on incentives last month. Trucks were the most heavily discounted segment, with average incentives running around $4,650, or nearly 13 percent of the average segment sticker price. Saab spent the most by brand, slapping an average of $6,813 on its vehicles, with Lincoln coming in second at $4,987 per vehicle sold. Saab’s incentives equaled 17.1 percent of its average vehicle price, while Chrysler gave away about 12.2 percent of its average vehicle price last month.

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.