Quote:
Originally Posted by R.I.D.E.
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When I was 16 my Father and I went to the Newport News abandoned car auction and bought a 57 Chevy for $52. I had to learn to work on that car to keep it on the road.
Now I am in a position to buy and the previous owner is in a position that forced him to sell.
I paid 16% of the original sales price for a car with 89k miles. Compare that to what a Civic VX would sell for in very good condition with the same mileage, even though it would have to be 5 years older.
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Wow that's an amazing price. I mean I guess it's 10 years old, but sounds pretty well taken care of. When I read the first post I thought you were talking about one of the big luxurious models, silly me, when I looked up the code and sticker price (curiosity, you know), I found this:
http://www.theautochannel.com/vehicl...lig040301.html
So you have a retractable hardtop and a supercharged engine? That's awesome. I didn't know any of the Germans had OEM super chargers. It says 30MPG highway, so that should be doable, in fact I'd aim for 35 if I were you, though the supercharge probably robs some efficiency. Doesn't seem like a bad price for a '98 either, a bit cheaper than my Lexus, I guess it is only a 2 seater though. Still nice find, stupid Lexus we got 3 y/o from a dealer with 66k (lease return) for about 35% the sticker... Still not bad though NEVER had an issue with it for 40k. Just oil and go. She usually has bad luck with cars so she's been very happy.
As for the first car, $52 sounds like a good amount of money whenever 'back then' was. My father and I just did sealed bid auctions on old police cars, my first car was an '88 Caprice 9C1 for $262 (there were only 2 bidders, heh) and I had to learn to keep that going (though when the wheel hub inexplicably exploded and the wheel drove away I had to use a shop...).