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Archive for the ‘Exotic Cars’ Category

Ultra Long-Term Car Loans: A Great Idea!

March 25th, 2014

2014-Aston-Martin-DB9-coupe

Financing a depreciating asset is rarely a good idea. How does it make sense to purchase a $40,000 vehicle, finance it over many years, and then end up with a money pit that costs more to keep maintained than it’s worth? On top of that, not only do you have a car worth a fraction of what you paid, you’ve handed a bank many thousands of dollars for the privilege.

Very few people can afford to pay cash for a car, so financing for a few years makes sense logically, if not financially. There’s not a financial advisor on the planet who will say financing a car over 60 months is a good idea.

Unless, of course, you’re the bank or a very specific kind of buyer.

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Mercedes-Benz Starts Car Shopping, Looks at Aston Martin

March 18th, 2014

Aston_martin

We all want more. Whatever it is, we’re never content with what we have. We need more money, a bigger home, more ice cream and a better car.

This is as true for corporations as it is for individuals.

The guy with a BMW eventually grows tired of his ol’ Beemer and wants a Rolls-Royce. The Porsche driver might tire of his sports car and want to upgrade to a Lamborghini. It’s the nature of humans to strive for the next attainable goal.

Since humans own corporations, they too never stop making purchases to expand.

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New Fisker Owner Alienates Existing Owners

March 14th, 2014

Fisker Karma

Let’s say you bought a Chevrolet. Not just any Chevrolet, but a really nice expensive one. In fact, let’s say you went crazy and checked all the boxes on a 2014 Corvette Stingray 3LT with the ZL5 performance package, carbon fiber roof, racing stripes—the whole shebang.

The purchase set you back about $75,000, but you love the car.

Now fast-forward two years. Let’s say General Motors had some serious trouble, went bankrupt (again), but this time was purchased by a foreign company. That company vowed to put products, like your Corvette, back into production but stop supporting, warranting or servicing models produced before bankruptcy.

How would you react?

For the answer, please speak with your nearest Fisker Karma owner.

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Car Industry News, Car Minded, Car Shopping, Domestic Cars, Electric Vehicles, Exotic Cars, Foreign Cars, General Chat , , , , , , ,

Chrysler Wants Original Vipers Destroyed

March 10th, 2014
1992 Dodge Viper Coupe prototype

Heading to the crusher

I checked my phone after the familiar buzz in my pocket. With the swipe of my thumb, the sexy rear end of an SRT Viper popped up in my text messages.

My lovely girlfriend, on her way home from work, sent the text along with a brief message asking about the car. That quick text led to a lengthy conversation about the Viper, why it’s no longer called a Dodge, and the history of the devastatingly powerful car.

Being a Porsche purist, she was only mildly impressed, but left our talk with a healthy dose of respect for the brute. Enough respect, anyway, to shed a tiny tear when we read last night that Chrysler has ordered the destruction of up to 93 vintage Vipers.

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The Would You Rather Game: Karma Edition

February 19th, 2014

VL Destino

Have you ever played the “Would You Rather” game? It’s a wonderful way to get to know someone or discuss topics that might not otherwise come up in conversation.

There are thousands of possible questions, including scenarios like: Would you rather have a million dollars right now or get $40,000 per year for the rest of your life?

Of course the questions can get a lot more serious, funny or downright inappropriate. Today we’re going to play one round of “Would You Rather,” but first I’m going to give you some details so you can make an informed decision.

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Car Industry News, Car Minded, Domestic Cars, Electric Vehicles, Exotic Cars, Foreign Cars, General Chat , , , , ,

The First Ferrari Turbo Since 1992!

February 14th, 2014

ferrari_california_t

For 22 years Ferrari has made do without a turbo. Not that it’s needed one, considering the Prancing Horse has had no trouble delivering ample amounts of horsepower and thrilling performance on levels rarely challenged by the competition.

To find a turbo Ferrari you’ll have to search your local listings for one of the 1,315 F40 supercars made between 1987 and 1992. The F40 was powered by a 2.9-liter twin-turbocharged V8 developing 471 hp with 16 psi of extra boost. Zero-to-60 came as quickly as 3.8 seconds, which is impressive for the era!

Top Gear‘s Jeremy Clarkson believes the F40 is the best supercar the world has ever seen. Can Ferrari’s new turbo match it?

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Car Industry News, Car Minded, Classic & Vintage Cars, Exotic Cars, Foreign Cars, General Chat , , , ,

Koenigsegg One:1 Could Be the Perfect Balance

February 11th, 2014

koenigsegg_one1

Typically we like to keep the conversation here focused on cars and advice that apply to the vast majority of car owners. Shopping for used cars, updates on popular new models and inquisitive pondering on the state of the auto industry are common fodder among these pages.

Every once in a while, though, we have to let our inner teenager out and marvel at the latest happenings in the supercar industry.

The odds of any of us acquiring one of the world’s most powerful supercars aren’t particularly good, but when a brand new car shows up on the scene to challenge everything we’ve known about powerful cars, we definitely take notice.

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Our Favorites from Boston

January 18th, 2014

IMG_0328

Thursday was by all accounts an awesome day. The sun was shining, the temperature was above freezing and, oh, the New England International Auto Show started! We were lucky enough to get to check out the annual show (which runs until January 20 at the Boston Convention and Exhibition Center), and boy oh boy did we see some amazing cars. For anyone interested in checking out the show, 35 automakers are showing off their newest creations this year and have loads of manufacturer representatives on hand to answer questions.

While we had a great time checking out 2014′s latest and greatest (and believe us, the show has tons of really great cars to see), there were a few we saw for the very first time that really caught our attention. We’ve covered many of these cars in the past, but never had we actually seen one in the flesh. We’re extremely grateful that changed yesterday, and if you haven’t had a chance to see these cars yet, get down to Boston’s Seaport District and check them out.

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Car Lists, Car Minded, Car Shows, Domestic Cars, Exotic Cars, Foreign Cars, General Chat

Buying Cars with Bitcoins?

January 17th, 2014

2013 Tesla Model S and bitcoins

Perhaps this is a sign that I’ve officially become out of touch with advances in technology. I thought I’d been doing pretty well keeping up, as I’m well-versed in things like The Google and The Facebook.

But when a friend mentioned bitcoins to me yesterday, my response was nothing more than a blank stare.

“What kind of coins?”

“Bitcoins,” he answered.

“I have no idea what you’re talking about.”

“How can you not know about bitcoins? Someone just bought a Tesla with them!”

That caught my attention. “Someone bought a car with Monopoly money?”

“It’s not Monopoly money,” he replied. “It’s actual worldwide digital currency.”

“So someone strolled into a dealer, paid in these bitcoins, and drove away in a $100,000 car?”

“Yes.”

Naturally, I had some research to do.

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Two Stunners Debut in Detroit

January 14th, 2014

Toyota FT-1 concept

Didn’t. See. It. Coming.

Unless you happen to work for Toyota’s R&D department, I’m willing to assume that you didn’t either. The Toyota FT-1 concept has already received ungodly amounts of coverage and even more doses of praise, without even being on the radar of cars to expect at the Detroit Auto Show.

No one knows very much about the car yet, but it follows on the heels of many rumors of Toyota producing a midsize sports coupe collaboratively with BMW.

The new concept also gives us a glimpse into an exciting new direction in terms of Toyota exterior design. It’s hard not to see the FT-1 as potential successor to the legendary Toyota Supra, and it harkens back to Toyota’s past of production sports cars such as the infamous 2000GT, Celica and MR2. If this is any indication, we are in store for the resurrection of Toyota fun.

Of course, Toyota isn’t the only automaker making hearts pound in Detroit.

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