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EVs Are Great, Just Don’t Buy The Battery Part Two: 50 Percent Depreciation...
With the Mitsubishi i-miev electric car about to hit the British market, the BBC decided to break down the Pounds and tuppence behind the EV hype. And though it found that the i-miev comes out looking...
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Lose 185 Pounds A Day!
When you buy a car new, depreciation is a risk you have to take. So like with any risk, one tries to minimize it. That’s why Toyota and Honda are such perennial favourites. low depreciation. But what...
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Piston Slap: Starting the Game All Over Again?
Dave writes: Sajeev, I’m a sales rep for a corporate auto supplier in the Detroit area. I currently drive a 2008 Dodge Magnum SXT that I put around 5000 kms per month and currently has 165000kms....
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QOTD: How Can You Minimize The Cost Of Keeping A Car?
Whether you drive a $30,000 or a $1,500 a car, one variable in life stays constant. You want to minimize your costs. The average owner in North America now spends well over $8,000 a year covering all...
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New or Used? : The Blasphemy Of Accountancy Edition
TTAC commentator Gannett writes: This has now become an important question around our house: what’s the best/cheapest (not necessarily the same thing) way to drive 25,000 miles a year? My wife...
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Tales From The Cooler: Instant Karma Depreciation
During all the turmoil facing hybrid automaker Fisker Automotive recently, from closing its doors to a possible resuscitation led by Bob Lutz, one thing has remained constant: the rapidly collapsing...
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Piston Slap: Self Worth vs. The $8000 Flagship
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...
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Piston Slap: Bad Vibes from The “Value” Timeline
James writes: Sajeev, My question is – when should I sell my current car? Our family runs a 2004 Pontiac Vibe with 109k miles. It is our only car and it seems to run better since it broke the 100k...
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Bark’s Bites: A Moment of Appreciation for Depreciation
Everybody on the internet knows that buying new cars is just plain stupid. New cars, after all, are just “depreciating hunks of metal.” New cars depreciate an average of 20% immediately, and then go...
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Toyota Prius Best, Nissan Armada Worst in Consumer Reports’ Cost Per Mile...
The Toyota Prius was ranked at the top of Consumer Reports’ Best New Car Value scoring for the second year in a row. CR’s analysis ranked over 200 vehicles on performance, reliability and costs and...
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Piston Slap: The Luxury Sedan Fanboi Fallacy
Earl writes: Hi Sajeev, My wife wants me to sell our pristine, time-capsule 90 Cressida for a 4Runner (or similar) because we live in winter-world. I am looking at used 4Runners and the prices are...
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Piston Slap: The Looooooong Cult of Panther Love?
Because SedanLimo. (photo courtesy: forums.vwvortex.com) TTAC Commentator Nick 2012 writes: Archangel of the Panther Platform – A nice looking 2005 LWB Lincoln Town Car with only 107,000mi popped up...
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Piston Slap: When to Drop Full Coverage Insurance?
Nice intake. (photo courtesy: finance.zacks.com) N.C. writes: Sajeev, We have 5 cars and 4 drivers. My wife and I drive the three oldest vehicles: 2003 LS430, 2005 Z4, and 2000 Frontier. My question...
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Junkyard Find: 1998 Audi A8
I see so many stunningly depreciated German luxury cars in pretty nice condition at the cheap self-service wrecking yards that they don’t register in my consciousness much more than your typical...
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Hammer Time: Flying Is The Devil’s Work
4 a.m. The alarms clocks ring. Both of them. Just in case I get any funny ideas. I go through the semi-conscious motions. Clothes… suitcase… glasses… coffee… breakfast. By 4:15 a.m, I’m out the door...
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Junkyard Find: 2000 Volvo S80 T6
I promised more 21st-century Junkyard Finds recently, so here’s a high-end Volvo with turbo boost rivaled only by its turbocharged depreciation levels. Yes, it’s the Volvo S80, complete with...
View ArticleDoug Drives: No, Your ‘Rare’ Car Isn’t Going To Shoot Up In Value
I wish I had $100 for every time someone told me their rare car was going to shoot up in value. If I did, I would invest it in the stock market, which is something that actually might shoot up in...
View ArticlePiston Slap: Time To Pounce on a Jetta TDI?
Stephen writes: Hi Sajeev, I’ve toyed with the idea of turbocharging a 2.sl0w just for giggles and TORQUE, but the quest has to make some sense economically, or else the finance minister will not...
View ArticleA Plug-in Hybrid and Two Electrics are America’s Fastest-Selling Used Cars
Electrified transportation isn’t catching fire in the new vehicle market, but sales are positively scorching at used car lots. The top three fastest-selling one- to three-year-old vehicles in the U.S....
View ArticleIt’s Not Easy Being Beige: Vehicle Color Affects Depreciation, Study Shows
Owners of orange or yellow cars should consider themselves blessed, especially if they’re planning on selling. A study of 1.6 million three-year-old vehicles by iSeeCars.com reveals that a vehicle’s...
View ArticleOff-Lease Vehicles Are Flooding Lots, so Where’s the Drop in Used Car Prices?
One- to three-year-old-vehicles are pouring back onto dealer lots, but the predicted drop in used vehicle prices hasn’t happened yet. Consumer choices (meaning: trucks, trucks, trucks) and the high...
View ArticleNew or Used? If Price Is the Only Thing That Matters, These Depreciation...
Autumn is here, leaves are falling, and dealers are marking down remaining 2016 inventory to free up room for models that won’t sound old in three months. It’s a good time to hunt for that smoking deal...
View ArticleLeasing a Wrangler? If You’re Really Cheap, You Might Want to Choose the...
Unlike other vehicles in the Fiat Chrysler lineup, and we could list off a number of them, Jeep’s Wrangler line has a near supernatural ability to hold on to its value. Does worrying about depreciation...
View ArticleAAA Study: Depreciation Costs Rising Among Smaller Vehicles; Your Beautiful...
Not to hammer too obvious a point here, but the decreasing popularity of a certain car model, combined with increasing incentivization, can seriously influence that model’s depreciation. Ask Cadillac...
View ArticleJunkyard Find: 1992 Jaguar XJ6 Vanden Plas Majestic
Jaguar XJ40s are so plentiful in U-Wrench-It yards that I don’t even notice them as I wander around searching for the elusive Suzuki Equator (no luck there, yet). In fact, none of the Jags I’ve...
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