The Volvo 740 was a rolling pile of boredom for most folks. A typical midsized sedan that was a bit heavy, a bit underpowered, very safe, and downright spartan in base form. Where’s the fun in all that? Well it depends on where you drive it. Take this video and marvel in a car that could drift like a 240SX given the right combination of snow, skinny snow tires, and a driver that could have easily passed for the stig’s Swedish sister . If there is anything that can get me into my 1993 Volvo 940 (the 740’s twin brother), it would be a video like this. How about you? Any video flights of fancy that remind you of the greatness that is your daily driver?
Posts By: Steven Lang
The girlfriend had become a wife. A beautiful wedding that would forever change two lives took place on a sunny Georgia afternoon, June 12th, 1999. My wife was the oldest of six and would be the first in her family to marry. I, the youngest of four, would be the last. Both families were conservative and traditional in that all too regional way. My cut-throat New Jersey mentality was tempered with a determination to do what I wanted to do in life. Damn the shackles of the corporate world and the pointless long hours. I would find a way to beat the system and enjoy free time instead of paperwork and fluorescent lights. ‘She’ wanted to be a mom. But that was years down the road… or so I thought. (Read More…)
You know a car is in trouble when it’s owned by cats. This once proud luxury car had fallen into a rancid feline funk. Cats sunbathing on the roof. Scratch marks on the outside vinyl that had gone from small rivlets to rippling rapids. Even a few dozen tears in the seats from my girlfriends five siblings. The headliner could have easily turned into a canopy plaything for the cats. But thankfully the doors were kept closed at all times. No pee smells in here! In sum, it was redneck car-chitecture that had been forgotten in a rural Georgia driveway somewhere between civilization and Deliverance. The ‘extra’ family car that would prove to be my girlfrined’s future transportation for the next three years.
Back in 2008 I saw some of the weirdest optioned vehicles to have ever gone through any auto auction. Vehicles that were given power everything including cruise, ABS and traction control… but manual windows. Long wheel base minivans that offered captain’s chairs and premium sound… but no rear air. Even midsized sedans that had all the features a family would want. Except side airbags which the rental car company decided would cost too much to repair in the event of an accident. Fast forward two years later. Used car inventories are at their lowest point in 35 years and used car prices are up over a thousand bucks from last year. Have the manufacturers finally found some pearls of wisdom? Or are there still too many penny wise, pound foolish practices running amuck in the industry. Well???
Some folks will blow five grand on a cruise. Others will take it to Vegas. The adventurous among us may even decide go to Central America during the off season and find that the country they’re visiting is now under martial law. Some freak out. Others buy a nice drink at a cafe and people watch. We all have risk tolerances when it comes to life’s pleasures, and cars are no different. The question with buying any car though is not whether you want to get some bang for the buck. But whether you’re willing to get the ‘education’ that comes with it.
Today Hammer Time brings you its guide to commonly-used auto auction phrases and their translations.
Car Dealer – “You can have it if you want it.”
Translation – “I know you’re going to run the bid up anyhow. So go ahead and *%&#$&! take it.”
Car Dealer – “This car is a bad boy.”
Translation – It drinks. It smokes. Some day soon it will be hanging out with the other bad boys at the neighborhood junkyard.
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. Adrenalin, excitement, the thrill of seeing ‘their guy’ win the battles. It’s all there. Even for the boring ones. Whether it’s a Camry climbing up the sales chart. Or a 1988 Toyota MR2 carving up a modern day competitor over a mountain overpass. It’s a rush to see ‘your choice’ be the best choice. But then there’s the Piper Principle.
I went to a public sale this past Thursday. Dozens of vehicles were sold for four figure premiums, but unfortunately virtually all of them were complete and utter trash. A repo’d 2008 Dodge Avenger SXT was riddled with 89,000 torturous miles of abuse and neglect. It shaked, rattled, and barely rolled through the block. Thanks to an owner who considered the numerous warning lights to be mere suggestions.. But it still went for $8800. How? Why? We’re talking clean book value for a rough car in every sense of the word.
0%. Sounds good doesn’t it? The title pawn billboard clearly showed that big beautiful numerical goose egg with some illegible lettering underneath a mini-asterisk. “Interesting?” I thought. Since I was stuck in Atlanta with my 17th traffic jam of the week, I decided to give the place a call and see how good the deal really was.
Well the 0% was good for balances over $2500… for 30 days. Then there were fees. Then a recalculation of the smaller balance. Finally I just got ticked off after over a minute’s worth of recalculations and doubletalk, “Let’s say I come by and get a $1000 loan. How much interest would I pay the first month?”. The answer came out to 17.6%.
I have three junk cars at the moment. The first is the world renowned 1997 Oldsmobile Achieva with a front end uglier than Mike Tyson after his last ‘comeback’ fight.. It came standard with 300 pounds of GM parts bin plastic in it’s heyday, and an oil burning 2.4 Liter engine that rarely ever sees 200k. Like most cars conceived during the Smith and Stempel era, along with the Cavalier and Lumina that now accompany it near a shady tree, the car was well past it’s prime before it ever left the factory floor.
Saturn? Civic? Neon? A diesel owned by Chuck Goolsbee? For the longest time I’ve been trying to figure out what penny pinching prodigy earns the most keep. I’ve spent years pondering this question. Well, more like a few dull moments at the auctions. I finally figured out the answer this evening. The cheapest car to own is the one you like so much… that you’re willing to buy another one just like it so that you can keep yours on the road for years to come. I’ll give you a recent example of two ‘cheap’ cars with two very divergent destinies.
The dogs days of July have been anything but. 83 dealers visited a well-established independent sale this Monday that offered only 93 vehicles. They came to buy and let me tell ya… the dealers paid all the money in the world for some very slim pickings. They had no choice because inventory now is getting near famine levels in the wholesale markets.
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Wholesale heaven used to be a crowded place at the dealer auctions. There were Taurae aplenty. Neons, Stratuses, Sables, Sebrings, Optimas, Milans, the names were as endless as the need to keep all the factories humming. Even in the ‘somewhat’ good old days of 2004, the average vehicle that sold for $5,000 at a sale usually had only about 70 to 75k on it. But now it’s a different auction world.
Frank Pajares was an amazing professor at Emory University. He changed lives… and in my specific case he would routinely kick me out of my philosophical foundations at will. “It takes a meaning to catch a meaning.” he would tell me along with the rest of his class during one of our many heated debates. The ‘act’ of putting yourself in someone elses shoes is always a difficult thing for any of us to do. Especially in academia where strong opinions and cultural isolation are the reality of the day. The same is true for the corporate world as well. Speaking of which…
I remember when a 15 year old car was as wore out as an old mop. Rust. Electric gremlins. Dark oils and brownish fluids spewing out of nearly every seal and gasket. When the auctions had a car that was nearly old enough to drive itself, it was usually already smoking (out of the tailpipe)… and drinking (it’s own oil and coolant). The jalopies that came from the bad old days of the 1980’s almost always left a puddle of ‘remembrance’ which you had to be careful not to step on when looking at the next elderly statesman. A run of old cars would result in a nice white cloud above everyone’s head and a post-auction headache for yours truly. It was a nasty smelly world not too long ago.. but now…














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