The Car We Bought At An Auction

162721051 123rf.com Stock Photo

I am wary of purchasing a vehicle at an auction, primarily because of the experience I had back in early 2002, when I was married. My husband approached me, insisting on attending a car auction. His contention was that it would be good to have a third car which we could use if either of our primary rides ever ran into mechanical issues. I didn’t have a problem with the logic, but I feared that we would get stuck with a car which would only add to our expenses and also collect dust.

We attended a car auction on a very hot Saturday, set our budget, and settled in for the experience. A BMW was the first auto up, and I was stunned when my husband Pete placed a bid on it. I tapped him on the arm and told him that the BMW wasn’t even in our budget, but he told me that he didn’t think he’d win the auction anyway, which actually turned out to be the case. A succession of halfway decent cars followed the BMW in the auction lineup, but we sat back and just observed the activity.

Then a green Ford Fiesta was driven to the auction block. Pete leaned towards me and said, “Babe, I wanna bid on this car, it’s definitely in our price range”, and seemed not to notice how old and dingy it was, with dulled paint and mismatched tires. My gut was telling me that bidding on the Fiesta was a bad idea, so I told him that. He brushed me off, and said he was bidding anyway. Long story short, he won the auction, and we had this crappy, ugly Ford Fiesta in our possession.

Since we had taken Pete’s car over to the auction, he suggested that I drive the Fiesta back to our residence. I will never forget how miserable the experience was, of driving that car home, because the engine had very little power, and the interior was filthy. Once we arrived home, I told Pete that I would never willingly drive the Fiesta, upon which he went ballistic and started yelling at me about how I had to use the car. In order to keep the peace, I drove the car to work twice, then never did it again.

Pete and I separated in May of 2002, and he found another place to live. What he failed to do was to take the Fiesta, so the car sat in a parking spot at our apartment complex. He told me that it was my responsibility to move the car every few days so as not to upset the apartment manager, but I refused to do so. I kept pleading with him to take the car to his place, but he stubbornly ignored my requests.

A couple of months later, I received a call from the Upland Police Department, asking me if my husband was available to verify ownership of a Ford Fiesta. When I replied that my husband was not available at the residence, the police officer informed me that the vehicle had been stolen, then recovered in a parking lot at a local park. I hadn’t even noticed that the car was missing! The officer stated that I needed to come to the park to pick up the vehicle, so I complied.

When I saw the car in the parking lot, I noticed that there were a bunch of deep gouges along the front hood and roof. I asked the officer what the gouges were from, and he told me that they were from skateboard wheels. Evidently, some skateboarders thought it would be cool to launch off the hood, causing considerable cosmetic damage to a vehicle I hated. I drove the heap back to the apartment complex, called Pete, and said, “Get your car. I’m not babysitting this thing any longer.”

Pete picked up the Fiesta and ended up giving it to his parents as an extra car. I felt so bad for my in-laws!

Why Car Leasing Is A Bad Idea

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Are you currently leasing a vehicle, or are thinking about leasing one? If so, please think through the option thoroughly before committing to it. Generally speaking, leasing a vehicle is a terrible financial decision, with the main exception being that the lease serves as a tax write off for your business. Otherwise, why saddle yourself with a car note, only to be forced to return the car at the end of the lease term? Chances are that you will need to lease another vehicle to replace the previous one, which means you will be locked into another loan, for yet another set of wheels you never build equity on and will never own (not unless you purchase that car at lease end, which I ended up doing in 2017…more on this later).

I fully realize that there are some tempting aspects of car leasing, the first of which is the fact that you get to drive a new car every 2 or 3 years once the current vehicle lease comes to an end. The down payment and monthly payments are also lower than if you were to purchase the vehicle. However, there are numerous other negative aspects of leasing, one of which is the fact that you will be limited to a certain number of driven miles during the lease term. You also cannot make modifications to a leased set of wheels that are permanent, since you are borrowing the car.

I don’t plan on ever renting a car again, because then I’d be paying for the first portion of the vehicle’s depreciation, which is not a sound financial decision. The first mistake I made was when I was lured into a 2- year prepaid lease back in 2009. I had actually allowed a car salesman convince me that keeping the brand-new wheels I had bought outright in 2007 was not the best idea, and that I could easily roll into a prepaid lease. By lease end in 2011, I didn’t have enough saved up to purchase a car, so I rolled into not one, but two consecutive, 2-year leases.

When I realized how much I had been fleeced by the first 3 car leases, (a term which Dave Ramsey loves to use when referring to car leases), I made a promise to myself to save up enough money to purchase the 2015 new leased vehicle outright, and I kept that promise. Once that was accomplished, I set out to save up enough money to eventually purchase my next vehicle without taking out a car loan. I now have a chunk of change set aside (over $50K) for my next vehicle, and I have the peace of mind of knowing that I won’t be kept on the financial hook ever again for a car.

Why Street Kart Racing in Japan is a Must-Do

I recently visited Japan in April and May, and even included a little hop over to South Korea, which was lovely. The cadence of my second trip to Japan was quite different than my first trip in 2020, partially due to the fact that we were concentrating two main areas (Tokyo and Kyoto), rather than scanning the entire country like I did on my first visit. I also made sure to see different areas in Tokyo and Kyoto than I had in 2020, including areas like Harajuku.

Perhaps the biggest highlight of our stay in Tokyo in particular was the two-hour Street Kart Racing event we took part in one evening in the Akihabara district of Tokyo. We donned more sedate haori jackets in preparation for our outing, while the other two participants decided to go full bore with Hopeful Heart Care Bear and Stitch onesies, both of which were hilarious. After a brief lesson on how to operate the karts, we were on our way, a single-line procession of gas-powered street karts on an adventure in Tokyo!

Here is a video I found on YouTube from RCBtrips which shows part of the route we took. It was far more fun and interesting for us to begin our drive at 6 pm, shortly before sunset, then continue our crawl at night, because we were able to see the transition to the display of lights throughout the city.

https://youtu.be/MGbw61MakcU?si=QYecG0FDgiMZJXra

Perhaps the best aspect of driving for two hours on the streets of Tokyo, other than the absolute thrill of driving with the wind in your face, is the fact that this is one of the best ways to see Tokyo. You get to see the lay of the land, and while driving, you are bound to see areas which you want to visit later. I would absolutely recommend this adventure to anyone who is willing to get behind the wheel in a foreign country. It certainly was a lot more fun than the 23-hour stress bomb that characterized my driving experience on Koh Samui, Thailand in 2022. As long as you are willing to obtain an international driver’s permit from AAA (if you reside in the U.S.), you can experience an awesome driving adventure in Japan!

I used Klook to book my driving adventure. Click here to book yours!

Establishing A Car Fund

Copyright: myndziakvideo

Since getting a car, whether new or used, is a major purchase, it makes sense to anticipate the financial outlay well in advance by setting funds aside. If you have a plan of attack, you can either put away enough money for a down payment on a vehicle, or even amass enough cash to purchase a car outright with no financing. I was so determined to pay cash for my next set of wheels that when I purchased my current car in April of 2017 after the 24-month lease ended, I began saving up for the next car by earmarking contributions in a specially designated car fund. I now have enough set aside to purchase a moderately priced new or gently used vehicle when the time comes. Granted, I was extremely aggressive and determined when I began saving up, but I now know that it is indeed possible to self-finance a car purchase.

Copyright: 3rus

Even if you can’t save up enough money for a cash purchase, a chunk of change could nicely cover a down payment, thus lowering the total amount which ends up being financed. I ended up intuitively setting up a high yield savings account and have been making monthly investments for the past five years, a technique which is actually recommended by financial experts. The other thing I kept in mind when figuring out how much to set aside each month was the value of the vehicle which I would most likely purchase in the future. When I got any additional small windfalls, I would add those monies to the fund. Lastly, another thing which I made sure to do was to set up a car repairs fund in high yield savings so that I would be prepared if I ran into any unexpected repair bills on my current ride.

For more detailed information on whether to buy new or used, or to buy versus lease (though I NEVER advise anyone to lease a vehicle), you can check out this article:

https://www.investopedia.com/how-to-save-for-a-car-5184740

Hold Onto Your Car!

Copyright: stanciuc

The pandemic has created many shortages and supply chain issues, among them toilet paper, disinfecting supplies, and workout equipment. But did you know that there is also a shortage of used automobiles? Two major factors which have caused so many people to turn towards used cars are decreased new automobile production, and budget concerns which have resulted from decreases in income. If you have an extra used car sitting around that’s not being used, it may be a small gold mine for you if you sell it right now, because the demand is so high. But if your used vehicle is one you actually need in order to get around, and it’s in good mechanical shape, you’re better off holding onto it until the surge in demand simmers down.

Even my car, which is a 6 year old economy car, is now worth about $1,400 more this year than it was at the beginning of 2020. Strange, but it’s true. Prior to the pandemic, I had actually considered selling my car and getting a newer model, but I am definitely pushing my plans back by about 3 years or more. I truly hope that when I am ready to get a different car, the supply chain issues with new automobile production will not be an issue like they are right now.

If you are in the market to buy a used car, you already know how difficult it is to actually locate one. It took one of my dear friends four months before she was able to find a used car to purchase. She looked everywhere, and kept responding to listings which turned out to be sleazy dealers instead of the private parties they claimed to be. The vehicles were not in good mechanical condition, so they never passed mechanical inspection. The only reason why she was finally able to find a decent car to buy was because a friend of hers whose mother was going to buy one from a family member changed her mind, and offered to sell the car to my friend. Had that not occurred, my friend would likely still be on the hunt for a set of wheels.

If you can purchase a new car instead of struggling to find a used one, be prepared to pay about 5% more than before March of 2020.

A Spoonful of Laughter

Copyright : Jacek Dudzinski (courtesy of 123RF.com

The curative effects of laughter are now widely known, and many people (myself included) thrive on humorous social media posts. From the time I was a small child, I gravitated towards comedy, watching Carol Burnett, Monty Python’s Flying Circus, Dave Allen (does anyone remember this fella?) and Benny Hill faithfully, all the while leaving my mother puzzled by my intense interest in the funny television variety shows which were the order of the day back in the 1960’s and 1970’s. She became even more concerned when I picked up a copy of Eddie Murphy: Comedian in 1982 and laughed my ass off while listening to the album repeatedly. Eddie’s stand-up style was so off-color for my mother that she bitched and moaned about me listening to him, but I found him hilarious and kept on listening. I have the record album (yes, a vinyl LP) in my collection to this day.

My love of comedy has never waned, and though I don’t watch enough television to get drawn into current sitcoms or other comedic shows, I am in my car often enough that I have developed a habit of listening to comedy while I drive. I find it much more enjoyable to listen to comedy than music while I am in the car, and since SiriusXM has a number of comedy stations, I have them loaded as presets on my radio and rotate through them. I would much rather listen to a comedy bit by a talented stand-up comedian than to toggle through radio stations which often play the same tunes over and over. The fact that I can laugh while driving, especially in Los Angeles, is a godsend. It’s a great way to arrive at my destination in a relatively good mood, even if I have to sit through hellish traffic.

Even if you don’t have SiriusXM, you can catch some pretty amusing morning radio shows. In L.A., I like listening to Frosty, Heidi and Frank. Most large metropolitan areas host morning radio shows which are worth a listen.

Copyright : yuriz (courtesy of 123RF.com)

ATS Mobile Bumper Repair Yelp Review

http://www.yelp.com/biz/ats-mobile-bumper-repair-woodland-hills-25?hrid=cOmEJvesdhQsNixTry2k6w

Please check out my Yelp review of ATS Mobile Bumper Repair. I had such an outstanding experience that I want to make sure everyone in the Los Angeles area who is in need of body work on their vehicles turns to this great company!

Below is a description of all the services which ATS Mobile Bumper Repair offers (copied and pasted from their official site):

PAINT REPAIR

We offer many touch up options, from spot repair to full panel paint with the latest PPG Envirobase waterborne paint. It’s the convenient way to keep your car in top condition.

BUMPER REPAIR

From bumper restoration to panel replacement we’ve got you covered. We know what we’re doing, and we’re dedicated to keeping your car looking beautiful.

HEADLIGHT RESTORATION

We have extensive experience and are trained to renew your headlights to near factory condition. Trust us as your experts in headlight restoration at a fraction of the cost of replacement.

Additional Services:
SCRAPES

CUTS

BUFFING

HOLES

KEY SCRATCHES

CRACKS

CHIP REPAIR

LEASE RETURNS

PANEL REPLACEMENT

SCUFFS

DENTS

COLOR SAND

CLEAR COAT

DINGS