Posts By: Steven Lang

By on November 8, 2012

 

Six years ago I managed to make a $2000 profit on a car without it ever leaving the auction.

A few winks to the auctioneer. A few clicks on a digital camera. A few paragraphs on Ebay. Done. I had managed to purchase and remarket a 2001 Toyota Prius in mint condition with 113k miles. It was near factory clean inside and out. A spanking new hybrid battery. Brand new Michelin low resistance tires, and a maintenance history that showed it had been dealer maintained since day one.

In the car business we refer to these opportunities as an automatic slam dunk.

(Read More…)

By on November 6, 2012

11,285 miles. Or maybe not?

This 12 year old minivan graced a fairly large audience of dealers that were long dog tired of all the minivans that were passing through. There were green ones that were as unloved as they were large. Purple ones that dated back all the way back to the Y2K era and the peak of minivan mania. A red one that came in an unsellable three door version.

Then there was this one.

 

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By on November 2, 2012

As collateral damage of Super-Sandy, stories are making the rounds of water-logged cars dumped on unsuspecting buyers by criminal dealers. Like many fake pictures posted on Twitter and Facebook, these stories are mostly made up, or pushed by new car interests. The dangers lurk elsewhere: In your neighbor’s driveway, on eBay, in the classifieds. Read this story if you don’t want to become a belated victim of Sandy. (Read More…)

By on October 31, 2012

Tauruses are the kudzu of cars here in the South.

You find them everywhere to the point that you never ever notice em’. At the Waffle House. At the Coke Museum. At Braves games, and most definitely at the heavily suburbanized neighborhoods of metro-Atlanta.

To be perfectly frank about it, Atlanta has always seemed to be a Taurus-tee type of place. Popular, affordable, a little bland, and just plain functional. Tough to hate. Tough to love. Such is the case of the Taurus.

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By on October 31, 2012

What percentage of new cars sold this year in the United States have European badges?

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By on October 29, 2012

Wrestling fans and auto enthusiasts have a lot in common.

They can be sickeningly loyal to their favorites. Even when it’s obvious their one and only favorite is well past their prime.

They also have a bit of a dopamine problem.

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By on October 25, 2012

Every time you see them, a big smile shines across your face.

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By on October 21, 2012

Every once in a very blue moon, I’ll go to a mini-warehouse auction.

The realities of this low-down clearance process is completely unlike the miracles and glories that come with episodes of Storage Wars.  You want junky third world quality furniture? Or memoirs of the 1980’s and 1990’s left behind by your neighbors from their very last estate sale before they finally moved to a condominium? The local storage auctions are the place to go. 80% to 90% pure junk.

This is where I recently found this wrecked 2002 Toyota Solara SE with 140k miles. For $375, it was all mine.

Should I…

(Read More…)

By on October 16, 2012

Imagine you are driving down on a well traveled interstate on a family vacation.

Everything is good in your life. Traffic is minimal. The road is a never ending horizon of the straight and narrow. Just you and your family. When all of a sudden…

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By on October 14, 2012

Six hours to showtime.

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By on October 10, 2012

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.

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By on October 6, 2012

Does retail always give you the best return when it comes to cars?

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By on October 3, 2012

I stole it.

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By on October 2, 2012

A broken clock is always right twice a day. But how about the last generation of Intrepids?

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By on September 26, 2012

 

The 1st generation Honda Insight seems tiny compared to anything short of a Fiat 500.

Yet I do a lot of driving with it. Commuting. Shopping. A whole lot of errands and an occasional light haul are all par for the daily course.

As for the hatch… I only use it for the really big stuff.

(Read More…)

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