So, we’re on the same page. I know damage to a borrower’s credit doesn’t bring back a penny. But I think you missed the bigger thought here. Some repos aren’t driven by an actual financial benefit.

My example explained a fictional example that represents many repos.

I may just put on a few episodes of All Girls Garage and see if she follows along better than if it were any old car show.

100% correct, not only did the New Edge have rear discs, the SN95 did as well, if Google sources are correct.

I’ve got nothing against SN95 or New Edge, but to a point I made earlier. They never really cemented their place in pop culture, and teenage interests moved to imports.

They have a place in the history of the…

Interesting, points. You have something there.

Differences in safety and design enable motorcycle manufacturers to maintain legacy design and engineering.

Automakers have to evolve to meet stringent standards for efficiency and safety. They can get some longevity out of platforms, but eventually they’re not viable,…

So, it isn’t lost on me that we own our decisions and mistakes. The preamble was to state that some loans simply aren’t fair, despite being legal. But, that is a subject for another time.

But the key point, and you did get it is that repos, as I understand them are done primarily to stop financial losses and recoup…

To the end of your reply you referenced “letting it go”, do they actually do that? I’m curious if that’s the case. It seems that repos are done regardless of any type of financial benefit to the lender, but maybe I’m wrong? 

When the concepts rolled out in the aughts I was captivated. I couldn’t wait for the day that these hit the showroom floors. I ended up in a place where I couldn’t buy one. At the time it made me sad.

To me, they were retro done right. Unlike the 2005 Mustang, this pulled the right elements of historical brand design…

As the father of a daughter, I hope that she can share in my affinity for automobiles. I want her to see other women enjoying the hobby and craft as much men do.

My thought is that with a few special editions as the exception that the SN95s and New Edge won’t rise to see the same love that the fox body cars are getting. I base this on the shift in teenage automotive tastes that started in the mid-90s that pushed domestic dinosaurs to the periphery. Through the 80s and into the…

While I agree with all of those qualitative traits and flaws, I still love them. However, my love for them grows from a love of Mustangs in general.

The chassis for the SN95 and New Edge are not significantly different enough from the fox chassis on which they’re based. Some improvements, yes. But it is easy enough to…

I’m not against the SN95 or New Edge Mustangs. They’re cool in a certain way. I particularly like the 94 and 95s before they swapped in the 4.6.

While this may be true, I am not aligned.

That said, I really do like SN95 cars, particularly year 1 and 2 before they went to the 4.6. They’re a part of my youth, but even then, the fox body over its 14 model year run was a through line of 80s pop culture. 

A few special examples may command some attention, but on the…

I’m no expert, and I don’t have a crystal ball, but that’s my opinion. My view on this isn’t meant to offend, but sometimes it does. 

At least the Mustang II is a good conversation piece. I’d roll up to a gas station in a King Cobra, with the hood decal and not feel bad about it. The doughy exterior and the asthmatic powertrain are at least so bad, they’re comical. 

On BaT $43k? No way.

Other similar examples are in the low $20s. Even with the silly inflation on used cars over the last two years, this isn’t going to get there. $25k for a very motivated buyer, but likely in the $18k to $22k.

The SN95 and New Edge run on a chassis that is a derivative of the fox chassis that dates…

I have zero reservations about giving this a ND all day, every day.

Even if this were a wrapper car, I just don’t see that price, I feel both SN95 and New Edge will age out similarly to the Mustang II. Right now the market is on the fox body Mustangs. Even then, only the low mile 1993 SVT Cobra is pushing into this…

I’ve often thought about the economics of repossession. I get that in some cases, it is the only way for a bank to stop the bleeding and recoup some lost investment, but it isn’t a fix-all approach. Many loans are unfair. I had a whole long rant written about that, but that’s a topic for another day. Simply put, I…

Clearly the parents aren’t at fault. How can our systems result in this type of a logic? 

On the 1-6 rating scale, a 3 or 4 is where most of us want to be if driving the vehicle is a key experience.  

Sadly, many owners of collectible cars tend to overrate their own vehicles, or become ignorant to its flaws, as if no one else will see them.

Value too is a combination of objective and subjective measures,…

It seems that range is the leading talking point on EVs. With vehicles, we’re more used to talking about efficiency. All things equal, a larger fuel tank, be it a battery, or some type of fossil fuel is makes for a larger range. This is probably a dumb question, but are EVs using electricity as efficiently as…