Car Buying Advice
Why Good People Buy Bad Cars
“What are you going to do about this?” I was in my mid-30s and staring straight into the eyes of a young woman who could play linebacker for the Minnesota Vikings. No joke. She was a professional bodybuilder who could have easily lifted me over her head while performing the Y-M-C-A cheer for a live… Read This Article
How Buying A Great Car Is Exactly Like Buying A Great Stock
If you’ve ever worked with growth stocks uk or shares then you will know that the way you make money in the stock market is almost a mirror image of how you avoid losing money in the car market. When entering the stock market, you definitely don’t want to be losing money. So, that’s why… Read This Article
Are Old Trucks Better Than New Trucks?
One Toyota truck. 22 years old. 325,000 miles. Is anyone surprised by those numbers? This 1996 Toyota Tacoma has been my neighbor’s daily driver since our home city of Atlanta hosted the Summer Olympics. Bob bought it for $13,500, roughly $20,400 in today’s money, and not much has really changed in all that time. The… Read This Article
How To Buy Cars From Strangers
Sounds crazy. But that’s what it boils down to when you’re searching for a used car. You don’t know them and you don’t know ‘it’. The car could be a rolling masterpiece with a maintenance history a mile long and an owner who worshiped that hunk of metal. Or, it could be a rolling deathtrap… Read This Article
Better Than New – 2010 Ford Escape Hybrid
“Dear God. Please Don’t let anyone else buy this thing.” I had been at an auto auction way out in Georgia’s Deliverance country. The accents were thick, the bidding action was surprisingly thin, and a 2010 Ford Escape Hybrid stood in all of its squarish two-ton glory on the auction block. Nobody was biting. $6,000… Read This Article
If Your Car Was The President, Would You Vote For It?
It always amuses me whenever I hear someone espouse an economic theory as a means for humanity to be saved. Libertarianism, socialism, capitalism… all ISMs MISS the details. Capitalism without checks and balances often leads to corruption and price gouging by the limited few who hold the pricing power in the marketplace. Socialism leads to… Read This Article
How Trust Influences The Cars We Buy
Trust is critical to everything you buy; from a dollar can of Coke to a $68,000 Tesla. In the used car market though, that trust can make you completely blind to a long list of vehicles that are unpopular, but reliable. Let me give you two examples of how trust can either lead to your… Read This Article
BEATERNOMICS : How To Commute On 60 Cents A Day
Here’s how you can commute on 60 cents a day. 1) Take a $100 car like this 1995 Ford Taurus SE I just bought at a local auction. 2) Find four co-workers you can easily blackmail or extort with little effort. Threaten them with some extreme form of punishment such as being forced to write… Read This Article
The Inner Beauty Of Boring Old Used Cars
I was walking to my car when I heard a stranger’s voice ask me about my daily driver. “How old is that thing?” “Umm… you remember Beanie Babies?” “Oh my God! Really? It’s older than that?” “Older than even you buddy!”