May 03, 2014
— Open Blogger Yeah. I know. I'm overdue for posting a Home Improvement/DIY thread but have hit a run of good car bits that beg to be posted. I'm sure you won't mind.
New-car sales are doing well with Jeep, Nissan, and Subaru making big gains for April (YOY), up 52%, 18.3%, and 21.7% respectively. Jeep credits their gains to the new Cherokee and Patriot. As appalled as I was the first time I saw the Cherokee and the Grand Cherokee, I have to admit that the Grand Cherokee has since grown on me. The Cherokee? Well, I no longer curl up in a ball and weep like a baby when I see it, but it still has a ways to go before I can say that it isn't just plain ugly.

Yep. Still ugly.
One thing about the sales stats that surprises me is Mitsubishi. Although sales are way up at +46.6%, they still sold only 6.5k units in April. This perplexes me. From my experience, the quality of Mitsubishi cars is on par with Toyota and Honda but they sell tens of thousands fewer cars every month. I purchased a 2003 Galant ES with 13k miles on it, a former rental, in 2005. I drove it until the end of 2008 and my daughter still drives it today. All this time there hasn't been a single problem with it (Knock on wood). If I were ever again in the market for a new car I'd give serious consideration to purchasing another.

2015 Mitsubishi Galant
Also revealed in that article, one-third of buyers are now financing their new car purchase for 72-mos or longer with that percentage dropping as the age of the buyer increases. That's an awful long time to pay for a car: It's well past the expiration of a standard warranty. It's waaaay past the honeymoon period.
There must be an awful lot of people out there who are buying cars they really cannot afford.
Havana Motor Club documentary revs up Cuban street racing scene:
From the 1959 Cuban Revolution until just recently, it was illegal to buy or sell cars in Cuba without government approval. There were also very few new cars brought into the country. At the same time, racing was also banned on the island nation because it was considered an elitist sport. Of course, a government can do its best to prohibit whatever it wants, but that's not always going to stop passionate people from pursuing what they want to do. And that's exactly what has happened with racing in Cuba – it never really disappeared, it just went underground.A new documentary titled Havana Motor Club aims to tell the story of Cuba's illegal drag racing scene, along with an attempt to organize the first legal race in the country in decades. However, the film isn't quite done yet, and its creators are raising money on Kickstarter to complete it. The fundraiser has already met its goal of $52,250 to finish editing, license music and generally improve the sound mixing. The filmmakers plan to release the documentary in 2014 or early 2015, but backers can get it early.
Below is a clip about the funding/making of the movie but due to sizing issues I can't embed the actual clip from the documentary. You must, Must, MUST click on the link above and watch it. From the snappy background beats, to the incredible American iron, to the defiant attitude of the Cubans featured, it captures you from the get-go.
Speaking of Cuba, were you aware that the ban on new-car sales had been lifted in Cuba? I was not. Of course, they are still Communists, so that little luxury purchase will also come with a 100% sales tax. Luxury? Why yes! At 100x's the average annual wages for a Cuban, only the favored-few can afford them.
U.S. government says it lost $11.2 billion on GM bailout:
The U.S. government lost $11.2 billion on its bailout of General Motors, more than the $10.3 billion the Treasury Department estimated when it sold its remaining GM shares in December, according to a government report released on Wednesday.The $11.2 billion loss includes a write-off in March of the government's remaining $826 million investment in "old" GM, the quarterly report by a Treasury watchdog said.
The U.S. government spent about $50 billion to bail out GM. As a result of the company's 2009 bankruptcy, the government's investment was converted to a 61 percent equity stake in automaker, plus preferred shares and a loan.
The U.S. Treasury whittled down its GM stake through a series of stock sales starting in November 2010, with the remaining shares sold on Dec. 9, 2013.
Oh! But we're not done yet. GM is being sued over loss-of-value to their vehicles due to the ignition-switch issue. GM argues, Hey! That was the old GM.
Here's a suggestion I'd like to pass along to any media-types that might be reading this: Substitute "taxpayers" for every use of "U.S. government". In this context, the U.S. government does not exist. The U.S. government doesn't lose or payout a damn thing. WE DO! It's the taxpayers who are taking the hit for this. The only application of the words "U.S. government" that is appropriate is this: The U.S. government has, with GM, cost taxpayers $11.2B and counting.
Car making mysterious noises? There's an app for that:
When first I saw this lead about a custom car, from Moron Paul Carter, I failed to scroll down to get the full picture. I hope you won't make the same mistake:

And this beauty is courtesy of another Moron, Roger Smith. He says, "In HS, Eric Martin rebuilt one in his basement, couldn't drive it to school in the rain ":

This week's 'Out and About' photos will make grown men want to cry:


Why, oh why?
Now, for some scenery:


BTW, if you aren't following these folks on Twitter, you really should be: Mecum Auctions and Automotive News.
Please feel free to send any complaints or commendations to me at Twitter: Nied's Dead Horse.
Posted by: Open Blogger at
12:58 PM
| Comments (142)
Post contains 1023 words, total size 8 kb.
Posted by: Mirror-Universe Mitt Romney at May 03, 2014 01:03 PM (9W+0f)
Posted by: Niedermeyer's Dead Horse at May 03, 2014 01:05 PM (DmNpO)
Ding ding ding!
Except that in many cases they're being forced into buying new cars that they can't afford, rather than good quality used cars that they could afford, because of... the pernicious market-distorting effect of Cash For Clunkers.
Posted by: torquewrench at May 03, 2014 01:05 PM (noWW6)
Posted by: Peaches at May 03, 2014 01:05 PM (8lmkt)
Posted by: JoeyBagels at May 03, 2014 01:06 PM (9UZjt)
*Pats self on back*
Posted by: Vendette at May 03, 2014 01:06 PM (MpP9p)
Posted by: Niedermeyer's Dead Horse at May 03, 2014 01:07 PM (DmNpO)
Posted by: Used Car Dealer at May 03, 2014 01:07 PM (9UZjt)
Posted by: JEM at May 03, 2014 01:08 PM (o+SC1)
Posted by: torquewrench at May 03, 2014 05:05 PM (noWW6)
The last two times I've visited a dealership for scheduled maintenance on my car I've been asked if I'd like to upgrade to a newer version since my car is in demand (it's a an 08 sedan). Heck, I've been gotten mail from dealerships 50 miles away about it. My response is always no.
Posted by: Vendette at May 03, 2014 01:09 PM (MpP9p)
Posted by: Niedermeyer's Dead Horse at May 03, 2014 01:11 PM (DmNpO)
Posted by: Peaches at May 03, 2014 01:11 PM (8lmkt)
In the last year, if you look at new consumer credit origination, more than 95% of it is in only two categories, those being:
-- Student loans
-- Car loans
Not by coincidence, these are the two categories where lenders are still willing to write big paper for people who can barely fog a mirror creditwise.
Government Motors in particular are still going nuts with the NINJA loans for car buyers. Have to move all that inventory off the lots one way or another!
If we get another recession in the next eighteen months, and last quarter's employment and GDP are surely inclining in that direction, there will be an absolute bloodbath of excess capacity in the auto sector. And a tsunami of auto loans gone sour. So many cars to be repoed, with such low resale prospects once repoed, that the lenders may just abandon the vehicle in the borrower's hands and write off the loan.
Posted by: torquewrench at May 03, 2014 01:12 PM (noWW6)
Posted by: JEM at May 03, 2014 01:13 PM (o+SC1)
Posted by: grammie winger at May 03, 2014 01:14 PM (oMKp3)
One dealership's letter said it would match or beat my current percentage rate. I paid the car off early so I was tempted to ask how they could beat a 0 percent interest rate.
Posted by: Vendette at May 03, 2014 01:14 PM (MpP9p)
Posted by: Niedermeyer's Dead Horse at May 03, 2014 01:14 PM (DmNpO)
Posted by: Synova at May 03, 2014 01:15 PM (7/PU+)
Posted by: Prez'nit 404 at May 03, 2014 01:16 PM (Dwehj)
Posted by: JEM at May 03, 2014 01:17 PM (o+SC1)
http://bit.ly/MP7F25
Posted by: Niedermeyer's Dead Horse at May 03, 2014 05:14 PM (DmNpO)
Wow, Niedermeyer, that is epic! Had goose bumps all the way through and then teared up about halfway. Dang, that girl could sing. Thanks!
Posted by: Peaches at May 03, 2014 01:19 PM (8lmkt)
Posted by: The Barrel at May 03, 2014 01:21 PM (0AKks)
Posted by: Niedermeyer's Dead Horse at May 03, 2014 01:21 PM (DmNpO)
Posted by: Prez'nit 404 at May 03, 2014 01:21 PM (Dwehj)
Posted by: alexthechick - Oh save us mighty SMOD at May 03, 2014 01:22 PM (dMSj2)
Posted by: JEM at May 03, 2014 01:24 PM (o+SC1)
Posted by: Prez'nit 404 at May 03, 2014 01:25 PM (Dwehj)
To me it's UN-FREAKIN'-BELIEVABLE how rude some guests on this blog are to each other.
Are you this rude to other guests at people's HOUSES as well??? Same principle...
Posters on this blog answer to Ace and his representatives and everybody else can suck it
It's not about respect it's about courtesy
Posted by: MAx at May 03, 2014 01:25 PM (b7yum)
Posted by: JEM at May 03, 2014 01:26 PM (o+SC1)
Posted by: Anna Puma (+SmuD) at May 03, 2014 01:26 PM (L+hnr)
Mitsu's problem is mindshare deficit.
People will say, "Nice car! Um, what is it?"
And then after they find out, they'll privately muse to themselves that while they like the car, there is the fear that service and parts support is going to be a whole lot harder than with a Toyota or a Honda. People don't drive past Mitsubishi dealers all that frequently.
Posted by: torquewrench at May 03, 2014 01:27 PM (noWW6)
Posted by: alexthechick - Oh save us mighty SMOD at May 03, 2014 05:22 PM (dMSj2)
AtC, I paid my 60-month loan off 9 months early by paying $125 more than the minimum payment every month and then adding an extra payment once or twice a year.
I'd pay to see you bargain with a car salesman.
Posted by: Vendette at May 03, 2014 01:27 PM (MpP9p)
Posted by: ManWithNoParty at May 03, 2014 01:27 PM (ojnk6)
Posted by: torquewrench at May 03, 2014 05:27 PM (noWW6)
Yup. Can't think of any in my immediate area.
Posted by: Vendette at May 03, 2014 01:28 PM (MpP9p)
Posted by: Niedermeyer's Dead Horse at May 03, 2014 01:28 PM (DmNpO)
Posted by: Blanco Basura at May 03, 2014 01:29 PM (0AKks)
There really doesn't seem to be much of an "entry level" new car out there, anymore. Even the cheapest is so loaded up with multitudes of airbags, electronic suites, comfort features and such, that they're all essentially small luxury cars.
And, I don't think that a cheap-ish new car, with just AM-FM-CD and a USB port, simple 4 speaker audio, roll-up windows, manual tranny....... would even sell, these days.
I'm beginning to think of finding a mid-80s Mercedes 300 TD, in the smaller 123 series body. No electronics to speak of, and the aftermarket does offer electro-mechanical replacements for the wonky vacuum climate control & door lock system.
Five cylinder turbo diesel, mechanical fuel injection. Reliable as an anvil, and nearly as simple to maintain. What's not to love?
Jim
Sunk New Dawn
Galveston, TX
Posted by: Jim at May 03, 2014 01:30 PM (vvk2F)
Posted by: ManWithNoParty at May 03, 2014 01:30 PM (ojnk6)
I should ask how much they would give me in cash and I skip the new car.
Posted by: Anna Puma (+SmuD) at May 03, 2014 01:30 PM (L+hnr)
Posted by: Niedermeyer's Dead Horse at May 03, 2014 01:31 PM (DmNpO)
Posted by: Jim at May 03, 2014 05:30 PM (vvk2F)
Can you even get roll-up windows these days???
Posted by: Vendette at May 03, 2014 01:31 PM (MpP9p)
Posted by: eman at May 03, 2014 01:32 PM (MQEz6)
Posted by: alexthechick - Oh save us mighty SMOD at May 03, 2014 01:32 PM (dMSj2)
Posted by: HR at May 03, 2014 01:34 PM (hO8IJ)
http://news.yahoo.com/bus-size-asteroid-buzzes-earth-comes-closer-moon-124925373.html
Posted by: Anna Puma (+SmuD) at May 03, 2014 01:35 PM (L+hnr)
Posted by: alexthechick - Oh save us mighty SMOD at May 03, 2014 05:32 PM (dMSj2)
I bet that if you had a flat tire anywhere in America and posted your location to AoS, there would be someone at your side changing that tire and thanking you for the privilege in no more than an hour.
Posted by: Vendette at May 03, 2014 01:35 PM (MpP9p)
Posted by: Niedermeyer's Dead Horse at May 03, 2014 01:36 PM (DmNpO)
Posted by: Anna Puma (+SmuD) at May 03, 2014 01:37 PM (L+hnr)
Posted by: Golfman in NC at May 03, 2014 01:39 PM (T8H6k)
Posted by: Colorado Alex at May 03, 2014 01:40 PM (lr3d7)
Posted by: Niedermeyer's Dead Horse at May 03, 2014 01:40 PM (DmNpO)
Posted by: Golfman in NC at May 03, 2014 01:40 PM (T8H6k)
Posted by: Low Information Voters at May 03, 2014 01:41 PM (Dwehj)
Posted by: Costanza Defense at May 03, 2014 01:42 PM (ZPrif)
Posted by: Jinx the Cat at May 03, 2014 01:42 PM (Xuseh)
Posted by: ManWithNoParty at May 03, 2014 05:30 PM (ojnk6)
Yesh, I was typing while you were posting. Found several pics of the car online. It's gorgeous, although I am really partial to the GTO. zoom zoom!
Posted by: Peaches at May 03, 2014 01:43 PM (8lmkt)
Posted by: bergerbilder at May 03, 2014 01:44 PM (8MjqI)
Posted by: Aviator at May 03, 2014 01:45 PM (3rrMW)
Posted by: alexthechick - Oh save us mighty SMOD at May 03, 2014 01:47 PM (dMSj2)
Ooooo, here comes the Derby walk-up!!!
Posted by: Peaches at May 03, 2014 01:47 PM (8lmkt)
Also *blushes* You are far too kind.
Posted by: alexthechick - Oh save us mighty SMOD at May 03, 2014 05:47 PM (dMSj2)
I took the SO when I bought my car. He was invaluable. If he wasn't available I would have called a minister I know. Great guy, but also lethal at the dealership.
Posted by: Vendette at May 03, 2014 01:50 PM (MpP9p)
Posted by: Costanza Defense at May 03, 2014 01:51 PM (ZPrif)
Posted by: Dorcus Blimline at May 03, 2014 01:53 PM (hP/Mt)
Posted by: Golfman in NC at May 03, 2014 01:53 PM (/djtm)
Posted by: Costanza Defense at May 03, 2014 01:54 PM (ZPrif)
-Posted by: Niedermeyer's Dead Horse at May 03, 2014 05:05 PM (DmNpO)
There's something "off" about that guy. I'd let him in my yard, but he'd be jiggling handles and checking locks soon after.
He's like Rain Man with More Screaming and fewer Cards Counted.
Posted by: Slapweasel at May 03, 2014 01:55 PM (lq3Ak)
Posted by: Golfman in NC at May 03, 2014 01:56 PM (/djtm)
Posted by: Ashley Judd's Puffy Scamper, formerly MrCaniac at May 03, 2014 02:00 PM (HxSXm)
Posted by: Peaches at May 03, 2014 02:01 PM (8lmkt)
Posted by: grammie winger at May 03, 2014 02:02 PM (oMKp3)
Posted by: grammie winger at May 03, 2014 02:03 PM (oMKp3)
Posted by: Peaches at May 03, 2014 02:04 PM (8lmkt)
Posted by: Golfman in NC at May 03, 2014 02:05 PM (/djtm)
I drive a 27 year old SUV.
It's a Ramcharger, so you know styling isn't a consideration.
There's NO rust, and I can fix any mechanical issue, so there'll be no newer vehicle in my future, unless the body suddenly dies.
We have a Camry as the transportation module, and I can't stress enough what a great car they are even though I dislike it to drive--much too small for me.
Posted by: irongrampa at May 03, 2014 02:06 PM (SAMxH)
Posted by: @ParisParamus at May 03, 2014 02:08 PM (dAHyr)
Posted by: Dorcus Blimline at May 03, 2014 02:08 PM (hP/Mt)
Posted by: Peaches at May 03, 2014 02:08 PM (8lmkt)
Posted by: Misanthropic Humanitarian at May 03, 2014 02:09 PM (h4qhp)
Posted by: grammie winger at May 03, 2014 02:09 PM (oMKp3)
Posted by: Truck Monkey, Infused with Leftist Logic at May 03, 2014 02:12 PM (jucos)
Posted by: grammie winger at May 03, 2014 06:09 PM (oMKp3)
Pretty sure, grammie! He's an outsider and, just like that horse they drove up from Texas in the back of a pickup a couple years back, I want him to win. Love the upsets!
Posted by: Peaches at May 03, 2014 02:13 PM (8lmkt)
Posted by: Misanthropic Humanitarian at May 03, 2014 02:14 PM (h4qhp)
Posted by: Truck Monkey, Infused with Leftist Logic at May 03, 2014 02:15 PM (jucos)
Posted by: Misanthropic Humanitarian at May 03, 2014 02:17 PM (h4qhp)
Posted by: kbdabear at May 03, 2014 02:18 PM (aTXUx)
Posted by: Peaches at May 03, 2014 02:18 PM (8lmkt)
Now back on topic: Mitsubishi's are excellent reliable vehicles - so were Oldsmobiles. Neither sold very well; go first class or go third class - never go second class.
Posted by: [/i] [/s] [/u] [/b] An Observation at May 03, 2014 02:19 PM (ylhEn)
Posted by: kbdabear at May 03, 2014 02:21 PM (aTXUx)
Posted by: kbdabear at May 03, 2014 02:22 PM (aTXUx)
Posted by: kbdabear at May 03, 2014 02:23 PM (aTXUx)
Posted by: Sandra Fluke's Solid Gold Diaphragm at May 03, 2014 02:24 PM (bHnlE)
Posted by: Pilot141 at May 03, 2014 02:25 PM (Uytaa)
Posted by: Pilot141 at May 03, 2014 06:25 PM (Uytaa)
lol, we live and learn, don't we? bummer, though.
Posted by: Peaches at May 03, 2014 02:27 PM (8lmkt)
Posted by: Peaches at May 03, 2014 02:27 PM (8lmkt)
Check Hyundai too.
Posted by: Vendette at May 03, 2014 02:28 PM (MpP9p)
Posted by: Barb the Evil Genius at May 03, 2014 02:28 PM (yE8uc)
Posted by: IllTemperedCur at May 03, 2014 02:29 PM (AHzA7)
-Posted by: Peaches at May 03, 2014 06:27 PM (8lmkt)
*HAH!* That happens, sometimes. I haven't been able to figure it out, at times.
Some days are better than others, and I don't know how it goes until it goes.
-I simply play defense.
Posted by: Slapweasel at May 03, 2014 02:30 PM (lq3Ak)
Posted by: Pilot141 at May 03, 2014 02:31 PM (Uytaa)
Here are the Caveats: you have to have a spare $65,000 in cash to play that game - since no bank will loan you that kind of money for a 12 year old car, and if you get a poorly maintained lemon the repairs can eat up your profits and maybe even your capital. (Risk Reward - remember?)
Posted by: [/i] [/s] [/u] [/b] An Observation at May 03, 2014 02:31 PM (ylhEn)
Posted by: Sandra Fluke's Solid Gold Diaphragm at May 03, 2014 02:43 PM (bHnlE)
Posted by: Sandra Fluke's Solid Gold Diaphragm at May 03, 2014 06:43 PM (bHnlE)
I own one. It has some quirks but has been very reliable.
Posted by: Vendette at May 03, 2014 02:47 PM (MpP9p)
Posted by: Charlotte at May 03, 2014 02:47 PM (n6s0m)
Posted by: Niedermeyer's Dead Horse at May 03, 2014 02:48 PM (DmNpO)
Posted by: Spun and Murky at May 03, 2014 02:48 PM (4DCSq)
Posted by: Niedermeyer's Dead Horse at May 03, 2014 02:50 PM (DmNpO)
Posted by: ManWithNoParty at May 03, 2014 02:52 PM (ojnk6)
Posted by: Niedermeyer's Dead Horse at May 03, 2014 02:54 PM (DmNpO)
Posted by: ManWithNoParty at May 03, 2014 02:56 PM (ojnk6)
The Corvette has always been an exception, but I've never liked the style after the '67.
The Cosworth Twin-Cam was a decent engine in search of a manufacturer. Offer me a Vega and I'll offer you MY DIRTY ASS.
...I'm just a guy with a keyboard, however. My knowledge is admittedly limited.
I got some great mileage out of a '73 Plymouth Scamp. NO performance.
I got performance out of my '84 Monte Carlo SS. NO mileage.
The Saturn SL was "The Late Nineties".
I'm fine with my '08 Saturn Vue. I no longer jump railroad tracks, nor do I "put the pedal to the metal", minus the short "On-Ramp".
Posted by: Slapweasel at May 03, 2014 03:00 PM (lq3Ak)
Posted by: Spun and Murky at May 03, 2014 03:02 PM (4DCSq)
Posted by: rickl at May 03, 2014 03:23 PM (sdi6R)
Posted by: phoenixgirl @phxazgrl at May 03, 2014 03:33 PM (u8GsB)
Posted by: Tesla Motors at May 03, 2014 03:36 PM (bHnlE)
Posted by: Paul Carter at May 03, 2014 03:40 PM (cQiu8)
Posted by: Jethro at May 03, 2014 04:19 PM (xhnvX)
Posted by: azjaeger at May 03, 2014 05:59 PM (niWgN)
Posted by: firsttimemoron at May 03, 2014 08:17 PM (3BnIZ)
Posted by: MarkD at May 04, 2014 05:43 AM (06gsL)
Hide Comments | Add Comment | Refresh | Top
64 queries taking 0.2821 seconds, 270 records returned.
Powered by Minx 1.1.6c-pink.








Posted by: Mirror-Universe Mitt Romney at May 03, 2014 01:01 PM (9W+0f)