Ask Bark: There’s a Big Bubble Coming, and a Man Asks About a Mustang

When I started doing Ask Bark columns, I feared that every week would turn into “What’s the best sporty car I can get for under $10,000?” Since I no longer work there, I’m sure it’s completely fine that I tell you that the most popular search on that big, orange auto classifieds site is “Any make, under $10,000.”

Why? Well, anybody who’s anybody knows that used car prices are skyrocketing (yes, there was a dip in February, but that was an aberration). But why? After all, if used cars are lasting longer than they ever have before (and they are—the average age of the car on American roads is 11.4 years, and that’s after Obama paid $2.8B to take nearly 700,000 working vehicles off the roads), then why do prices keep going up? Shouldn’t there be more cheap cars on the road now?

You can thank the lease bubble. There are going to be 7 million lease returns flooding the marketplace this year. All of these cars were dumped on the market to keep the SAAR climbing and climbing to numbers that were completely unsustainable. Well, those cars are alllllll coming back now, and the residuals are too damn high. So all the lease returns going through the franchise-only auctions are being sold with insane reserves, but if the dealers want to have late-model, low mileage inventory, what choice do they have but to pay? And you know that they’re passing those savings right along to you, the people.

As a result, used car prices now average 60% of new car prices, the highest in history. Thanks a lot, you douchenozzles who leased $99 Cruzes with zero down—you’ve killed us!

There’s a whole article on this to be written, but since this is my blog and not something I have to write for a deadline, I’ll do it another time. Now, to the man with the Mustang question!

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Ask Bark LIVE with the Boost Brothers!

I’m thrilled to bring you the first of two Ask Bark LIVE installments with our good friends, the Boost Brothers. Today’s installment features a letter from a gentleman who’s looking to get a new car for his growing family (and he also has a RAV4 project car!). Somehow we manage to discuss the Crazy/Hot index, Craigslist personals, breast pumps, and Obamacare along the way. Check it out!

Ask Bark: Where Should My Boys and I Go For “Guys’ Weekend?”

surfcomber-hotel

In what should become a really awesome regular feature on this here blog, I am taking a question from a reader. Here it is:

Dear Bark,

Long time reader, first time writer here. Im looking to go spend the weekend with some friends of mine somewhere fun. We are all about your age (mid-30’s) and some of us are single and some are not but have been given a “hall pass” for a weekend. They’re all thinking Vegas but I think that’s kind of cliché. Where would you go if you could pick somewhere in the US to go for a guy’s weekend and do it relatively cheap?

Thanks,

(redacted)

Oh, dear Redacted, I have just the answer for you. But you’ll have to click the jump (or look at the above picture) to find out.

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