Hammer Time: Buying Ugly, Selling Happy

Today I bought an Astro with a garbage bag for a driver’s window. Three very ugly Cavaliers. A Dodge Ram with a vinyl interior. A brown Chrysler Concorde with a deformed trunk lid. A Ford F150 with plexiglass rear glass. A Tahoe with 235k. A Suburban with a rebuilt title, and a Maxima that doesn’t run… yet. Total cost was about $8500. Why would I buy all this drek? Well, truth be told none of these will be keepers. I won’t be financing them. They won’t be used as rentals. In fact I have absolutely no clue about their long-term durability. I bought them because I needed to fatten up my dealer auction for next Tuesday. Will it work? You bet.

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Hammer Time: The Toyonda Premium

Go to any auto auction. Chances are you’ll see 2001 Accords and Camrys go for higher prices than 2003 Tauruses and Grand Prixs. Is that premium justified? Well, I’ll put it to you this way.

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  • 9Musicman Iโ€™ve been watching the Jaguar XF a while; I have the 1997xk8 coupe,XKr convertible, two 2004 XJRโ€™s -now a 2009 XF Black / beautiful Brown interior,supercharged CAT๐Ÿ‘, ,., with all the talk from so-called Experts,. The XF 2009 is Magic Blend of Aston Martin and Jaguar Soul,:,itโ€™A Time Machine in Soul ,: I do not need the Show-Boat look to Enjoy its gift of Elegant Automotive Pleasure: 420 HP is fine :,, if you Need 600 Hp :,, in your Heart,, there are โ€œ other Problemsโ€ a car will not help you with :and yes๐Ÿ™๐Ÿ‘James Bond could use two of these as well,, find the good ones and put them in your collection ,, watch what happens ๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ™,,๐Ÿ™๐ŸŽ๏ธ
  • Tassos Hey Tim, should candy and gum and icecream and pizza be free too?
  • Jeff I might buy a new bicycle in the next year but a new vehicle no.
  • Lou_BC This article is meaningless without reporting the facts around each incident. 16 incidents versus an average of 10. Is it because Rivian is new to the game?
  • Lou_BC It would encourage indebtedness. Start a business if you want more write-offs.