Two jobs. »Well at first, it was... damn good. See a car to me meant freedom. Not only to emancipate myself to the south and get rid of my hideous 'Joisey' accent, but to also become financially independent.
Twenty-five years ago, a book called, The Machine That Changed The World, offered a roundhouse dope slap to those automakers who were just preaching the quality gospel. »
This is in a way sweet, and bittersweet, because I grew up in Bergen County and moved to Atlanta (Emory and later Powder Springs), a bit over 20 years ago. »
No, this is not a NASCAR version of a Dodge Caravan. »This was a repo, and not just any old repo. This van of constant sorrow represented the absolute worst vehicle I had to repossess in all of 2014.
Honda has recently announced that their brand new, "A Pulse And A Paycheck" financing program will offer the most liberal terms in the marketplace for all remaining 2011, 2012, 2013 and 2014 Honda Inisghts. »
When you have over 120 pairs of eyeballs looking at the same exact vehicle at an auto auction, you know the price of whatever sells is going to be high. »$22,000?
My body experienced an instant adrenalin rush as my mind wandered through the "What ifs?" of that moment. »"Yeah, everyone's fine. We moved the cars and we're now on the side of the road."
Americans are not only saddled with the financial debts of their ancestors, but also the almost unkillable parasites of old school crony capitalism. »
Back in 1999 I could have invested in Apple stock for a mere $10 a share. Or, I could take my piddling sub-$1000 savings at the time, and pour it straight into an eight year old Peugeot 405. A car that I found at an auto auction in the thick of Georgia's Deliverance country. »
Wall Street may be the biggest auction on the planet. But when it comes to assets instead of equities, wholesale auto auctions are America's largest trillion dollar free market. »
Imagine a car with 300+ horsepower, all-wheel-drive, nice comfy Volvo-esque leather seats, and can quickly go from 0% to 50% depreciation in less than two years. »
A great article. One small thing to keep in mind is the role revenuing has in making citizens a target for local police forces. I'm sure you can right plenty about that topic, so I'll just stop there and give you the mic. »
Once GM went bankrupt, the prior generation suffered the worst levels of depreciation I have ever seen in the pickup market. You could have a decent two year old stripper model at the dealer auctions for less than $8,000. »
The hand-pumped Mityvac pictured above is best used for transmission fluid, brake fluid, and power steering fluid drain and fills. »