One dollar of depreciation in four years.

Fifty-five miles per gallon.

Forty-eight thousand miles.

I may have very well owned the cheapest car in America a few years ago. Back in 2009, I bought a 2001 Honda Insight with 145,000 miles for all of $4001 at an auction. After four years and with 193,000 miles, I sold it last year for exactly $4000.

That’s all well and good, but let’s face it folks. I’m in the car business. Plus, a first generation Honda Insight is pretty much a cheat when it comes to cheap cars. It was designed with stingy bastards like me in mind who use the edge of the technological envelope instead of individual ingenuity and improvisation.

That Insight was a cheap car… but definitely not a beater. Why? Too much money and too few stories about personal travels and other unique mayhem. To me, a beater is a concept that has far more to do with the owners than the actual car.

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Detroit’s free-fall from perhaps the wealthiest city in the United States to a lawless hellhole most reminiscent of post-colonial Africa has been documented to the point that the phrase “ruin porn” now sits comfortably in the driver’s seat of our national discourse. But it isn’t just Michigan Central Station that has rapidly decayed into pathos.
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TTAC’s post by J. Emerson on how so-called Millennials’ automotive tastes have been shaped by their coming of automotive age in an era when their parents embraced body on frame sport utility vehicles brought forth a lot of thoughtful comment. One comment that caught my eye, though, had little to do with the topic of the post but rather was a complaint about the use of the acronym BOF. To most of us that means “body on frame” but to manga or Korean sitcom fans it might mean Boys Over Flowers and when you’re using abbreviations you have to be sure your audience recognizes them. In an earlier life I did IT support and we would make a recursive joke about the proliferation of TLA’s, three letter acronyms. Such acronyms, abbreviations, and jargon serve a useful purpose to those in the know, but can also function as a mark of group identification, a shibboleth, if you will. Sometimes the use of jargon can function as a barrier to others, which can be contrary to how inclusive we want TTAC to be.

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Full gallery here

A couple of my recent posts on the Lotus Cortina and Ford GT40 covered cars that were part of Henry Ford II’s effort to dominate motorsports in the 1960s. Ford Motor Company’s racing history in fact predates the company. Founder Henry Ford’s “Sweepstakes” car’s 1901 victory, with Ford at the wheel, made it possible for him to stay in the automobile business after the failure of the Detroit Automobile Co. Though racing helped create the foundation for the Ford company, Henry Ford II’s racing efforts in the 1960 actually represented a return to motorsports decades after his grandfather, embarrassed by a very public racing failure, withdrew FoMoCo’s official support for racing. Since that failure took place at the Indianapolis 500 race, and since “the greatest spectacle in racing” is taking place this weekend, it’s an appropriate time to take a look at the front wheel drive Miller flathead Fords of 1935. The cars’ creation involves three of the 20th century’s most fascinating automotive personages and I also happen to think they’re some of the most beautiful cars that ever raced. (Read More…)

(Sorry for the stock photo — had some camera issues during this trip — jb) Moby Dick. Beethoven’s Ninth. Led Zep’s debut album. As much as we’d like to think that greatness is immediately recognized when it appears, the truth is that most of the time it’s widely pilloried. Such was the case with the […]

Standing on the sidewalk in front of his house, a young boy watches his neighbor across the street back out of her driveway. Her moss green Expedition starts to roll backwards. Suddenly, a blue beach ball blows into the SUV’s path. She hits it with one of her rear tires, and the truck rises up on top of it for just a moment. The ball bursts with an enormous bang, and the truck crashes back to the pavement with an equally loud noise. The top-heavy rig sways back and forth as the boy laughs.

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When the fire department assigned to BMW’s plant in South Carolina spotted a 55-gallon drum behind a vehicle in Lot D, they did what everybody does nowadays: they assumed it was a “chloride granulated bomb”. The area was cleared and BMW temporarily suspended production of the X3, X4, X5, and X6, an action that was immediately applauded by Roundel magazine, the BMWCCA E30 M3 Special Interest Group, and possibly Satch Carlson.
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Though Toyota will soon end its battery program with Tesla for its RAV4 EV crossovers, the automaker aims to remain R&D partners on battery technology. Meanwhile, Panasonic wants to be the only producer involved in Tesla’s Gigafactory production.

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Poor Suzuki. Even as it tries to make a graceful exit from the U.S. market, they get mired in the latest round of General Motors recalls.

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I feel fortunate enough that the first manual transmission car I ever drove was a 1986 Toyota Corolla GT-S. Yes, that Corolla. Although I am barely in my twenties, I learned how to drive a stickshift at a time when you could still pick up a ratty AE86 for a few hundred bucks.

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A report by Ward’s Auto claims that Cadillac is scrapping plans to build a large, three-row crossover, similar to the Buick Enclave or GMC Acadia. Fear of competing with the two Lambda stablemates is being cited as a possible motive, along with a saturation in the large crossover market. They should do it anyways.

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Notably absent from FCA’s 5-year plan was Lancia. The Italian brand known for iconic models like the Aurelia, Fulvia and Delta Integrale will be pared down to one model that will be sold in Italy only.

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Back in 2004, perfectionist homemaker and well known TV personality Martha Stewart was charged with insider trading. As presented, the facts in the case were simple. Martha owned stock in a medical research company called ImClone and, like a lot of people who invest in tech firms, she was hoping for a big payout when their product, a promising new cancer treatment, went on the market. Unfortunately, the FDA chose not to approve the drug and the value of the stock looked set to take a beating once the decision was announced. According to the charges initially brought against her, Martha and many of the company’s top executives learned of the FDA’s decision though their inside connections the day before it was publicly announced and were able to sell their shares before they crashed. That’s against the law and many of the people caught up in the scandal, including Martha who was convicted on the charge of making false claims to a federal investigator, ended up going to jail. (Read More…)

The Federal Trade Commission is launching an investigation into biweekly payments sold as a product by dealership finance departments on the basis that consumers may not be getting their money’s worth with such payments.

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Reader Davefromcalgary discusses what it’s like to buy the car that everybody asks for, but nobody ever seems to actually purchase: the manual variant of a mainstream sedan. As the calendar turned from 2013 to 2014, my trusty 2002 Oldsmobile Alero with 296,000 kms (or roughly 184,000 miles) on the clock, took what would turn […]