Which is why labeling a people who were born in a certain era is idiotic since anyone is subject to this sort of thing, just change the product.
Car buying advice for Millennials - get a $600 Volvo and forget about car payments.
Fixating on a monthly payment as the “hurdle” for affordability is nothing new. Baby boomers with 15 or 30 year notes on RVs are a prime example.
My wife was looking at the Merc and goes “that looks like something familiar but I can’t put my finger on it...” Now I am going to tell her I put my finger on it all the time.
The teams are just marketing arms of the automotive companies. Nobody drives a V-10 or V-12 in anything anymore but you do see some high horsepower turbo engines with small displacements. Mercedes, Renault and Honda all want something they can market in their road cars.
Maybe the copied Mercedes, or maybe they were just winging it.
So it’s basically like a miniature Matrix XRS - hatchback with the same motor as it’s contemporary Elise.
PS: It’s going to be supercharged! What other car in its segment has that?
So I was thinking, “wait, did they seriously just slap a supercharger on the 2ZR-FE? Will that even work reliably?”
Have you heard of the lord and savior Fiesta ST?
You misunderstand the AE-86 purpose. Forced induction is the last it needs.
Shut up and take my money! No seriously!
I’m going to have to ask you to leave now, please. Don’t make a scene.
exactly what I was thinking, but didn’t want to start a new thread so I was checking if anyone else mentioned it... ANY CAR that was used as a RENTAL has a lower resale .... I feel bad that the car is totalled, and owners are understandibly upsrt, BUT this is the risk and depreciation it was expected to take...IRS…
This. Also a (former) insurance guy. The adjuster isn’t out to screw anybody. Exotic owners were either the best or the worst.
It is on the low end of the market range, but I assume he also took depreciation as a business asset. IRS guidelines is 5 years for a commerical car, so that’s $15k per year. Even with 6 months of depreciation, $62k market price is pretty close to the owner’s book value.
Auto insurance guy here. Turo should not and would not be involved in the valuation process outside of possibly verifying the value. The adjuster will assess the car “conservatively” and will view the terms of the policy to see if coverage is in place.