Bargain Bullitt – 1 of 1,400 and Will Be Gone By The Weekend

New Bullitt

Old BullittThe 2008 Ford Mustang Bullitt unicorn below popped up today in Georgia.  Too new to have photos on the web yet so added a file photo.  The attraction of this car is the stupid low miles, not to mention it is one of 1,400 made in 2008 and pretty damned cool.  Here’s the last one that I covered from CarMax that was quite high-mileage, and a few more I found here with low miles and price tags north of $20,000.   Saw one with 4,000 go for $22,998 at CarMax.  However……check out the disclaimer below on the CarMax vehicle history page.   I have no idea what that means but maybe that’s why this Bullitt is a bargain?    Here’s a pretty favorable review from Road and Track back in the day.  Maybe you already bought a 2019 model – add an older one to your collection!  Add a cheap five year, 125,000 mile MaxCare bumper to bumper warranty and drive the snot out of the car.  Find this Bullitt here in Norcross, Georgia.  If the link is broken it’s sold, on hold, or being transferred.  Will add photos when they pop.2008 Ford Bullitt

Bullitt Disclaimer

$109k Porsche 911 Carrera 4S…and The Five Cars I’d Buy Instead With $109k – By Chuck Banks and Mustafa Gardezi

2017 PORSCHE CARRERA 4S – $108,998

911 SideThis is only the third $100,000+ car I’ve covered in the year+ that I’ve been blogging about CarMax unicorns.  That’s a lot of money.  (Keep reading and I’ll share the five cars I would buy with that same wad of cash and have almost as much fun.)   This 2017 911 Carrera 4S is a nice enough one-owner California car with a seven speed manual transmission and 420hp good for 3.5 second 0-60mph and 190mph top speed.  Not a big fan of the bordello red interior but maybe I’d get over it.  Speed does that.  I’m loving Etta, the base Carrera unicorn I bought last year, but have my eyes on a 4S (not this 2017….this 2011!) to get me all wheel drive, more horsepower, and more options.

The Carrera 4S is considered an all-weather 911.  I want one.  This 911 4S is fairly well optioned with the convenience package, sport package, and driver assist package, and while I have no idea what it cost new, the base price was $110,000 and assorted reviews, like this one in Car and Driver, suggests the options push these cars well over $150,000 just as fast as its 0-60!  For what it’s worth, the car dropped $1,000 already in the few days it’s been online.  Find the car here in Roseville (Sacramento), California – if the link is dead it’s sold, on hold, or being transferred.

2017 Carrera $108998 13k

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FIVE CARS I’D BUY INSTEAD

(ALL OF THEM, NOT ONE OF THEM!)

So if I had $109,000 to spend on wheels, what other options would I have?  How about five cars totalling the same amount, and giving me most of what the 2017 911 Carrera 4S does….and more?  This was the best all around package I could assemble….had to adjust here and there as cars sold and others came on the market while I was mulling it over.  Would be interested in what others would pick.  Add comments or email me with your selections – five cars totaling not more than $109,000.  Let’s go.

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#1 DRIVE FAST

Clearly, a 911 has to be at the front of the pack.  Been watching these race since I first went to Le Mans in 1981, and now that I own one I’m in love.  Not $109,000 in love, so I’m including the most decent, cheapest 911 on the CarMax lot at this time.  This $43,000 2008 911 Carrera S is almost Etta’s twin, the only difference being the S has 30 more hp, adjustable suspension, and bluetooth – and it’s $8,000 more expensive.   But it’s 10 years old, low mileage, and nearly new inside.  Yes, it’s an automatic, but trust me, you get over that.  Nailing the perfect used Porsche seems to plus up the price by $10,000 with every must have feature.  Here;s a thorough review from 2008 that notes a 4.5 second 0-60.  This clean little 911 is currently here in Los Angeles.  Earlier this week it was in San Diego.  Next it will move to your driveway? ($66,000 left to spend!)

2008 911 S $42k 37k LA NOW

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#2 DRIVE RICH

I have a blog reader who bought the Mercedes S600 after I almost did called the notion of driving deeply depreciated unicorns “driving rich”.  Loved it.  So for the second car in the stable I went looking for the most luxurious sedan, with the most features, that I could affordably include.  Had to pass on the Alpina B7 and BMW 760 V-12 – both were in the $40,000 range and had fewer creature comforts than this bargain 2011 Audi A8.  When I plugged in the essentials – a V-8 engine, auto cruise control (who wants to do their own braking anymore?), heated steering wheel, adjustable suspension, air-conditioned seats, blind spot monitor, lane departure warning, and seat massagers – all for under $30,000.

I was surprised to find them all in this Audi A8 at only $27,000.  And wasn’t a must have, but the A8 has all wheel drive as a bonus.  And a trunk that easily holds four bodies.  I also dig the tan seats – usually the silver cars have the scorching in the summer black seats.  The drawback?  Only 372hp.  A bit of a weakling in the luxo-barge category after being spoiled by Guenther, my Mercedes S55 AMG with 493hp.  But for comfortable commuting or highway cruising it would be hard to beat this Audi A8 in this price category.  Car and Driver reviewed the car and ripped an impressive 4.8 second 0-60mph run, and also noted 27 mpg on the highway.  This four-owner car split its time between California and Ohio and is now available here in Cincinnati. ($39,000 left to spend.)

Audi A8

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#3 DRIVE BIG

An SUV is a must have for anybody’s fleet, and the bigger the better, since we all think we need to “haul stuff”.  Needs to be four-wheel drive and powered by a V-8 to leave no doubt cold weather will lose in a bare knuckle brawl.  Doesn’t hurt to have luxury features.  The tough guy image will only take you so far.  But if that tough guy is Eddie Bauer, all the better.  For the record, I had no idea who Eddie Bauer was, or even if there was an Eddie Bauer, until I started writing this.  Eddie was an early 20th century outdoorsman from Washington who started his own cold weather gear business, outfitting World War II pilots and Himalayan mountain climbers with life saving equipment.  (Thinking there’s a future blog coming on car models named after people.  Stay tuned.)

This 2007 Ford Expedition EL Eddie Bauer is a bit old, and a bit worn at 80,000 miles (a good candidate for MaxCare that will take this truck repair free to 150,000 miles until it is a whopping 16 years old!), but seems to be a pretty good value.  It’s a one owner Colorado truck with a recorded accident to the right rear – could be it got rear ended, but my guess is with no rear view camera the owner backed this behemoth into another car in an Orvis parking lot.  Eddie Bauer probably never imagined his name attached to such a beautiful truck interior, with two color panels, air-conditioned and heated seats – survival essentials in 2018.  Third row seating and a rear seat entertainment system will keep everyone happy on the climb to Everest.  My buds at Car and Driver reviewed the truck here, writing “Big as a spacecraft, and tends to drive like one too“.  There are better SUV’s for the fleet I guess, but none at $17,998.  It’s here in Colorado Springs.  ($21,000 left!)

2007 Eddie Bauer $17,998 80k Coloroda

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#4 DRIVE TOPLESS

Volvo SIde

Pretty sure it’s written somewhere that everyone should own a convertible at some point in their life.  Too lazy to look it up, but I think it’s in the Bill of Rights or a Beatitude or on the Dark Web, and yet after driving my old Fiat today on a brisk Virginia day, it’s clearly a fact.  Convertible is Latin for “car you don’t need that the wife probably won’t like”.  Get one anyway.  Just never, ever, ever drive with the top down and the side windows up.  Nothing says “I made a mistake buying a convertible but I’m trying to deny it” like windows up and top down.  Sorted through some Miatas and Sebrings and BMW 1-series and decided to go with this high-mileage 2008 Volvo C70 T5 for a number of reasons.  Seat heaters for one.  Pretty blue color and nice Pininfarina lines.   Seats made of “Vulcaflex” (not to be confused with the erectile dysfunction drug by the same name). A center console that had to be made by Ikea.  A great Dynaudio sound system to drown out the dump trucks that try to ruin my top down commute.  Swedish safety features that guarantee you could drive off a cliff into the Baltic Sea and survive (not covered by MaxCare).

The retractable hard top is nice.  Most convertibles looks like shit with the top up.  Or at least the top ruins the lines, like they do on the Jaguar XK.  Whole different topic on why people buy landau roof cars – looks ugly like a convertible but the top don’t go down!  And, by the way, CarMax has 804 convertibles for sale today, and not one with top down photo.  I know I have at least one reader who is a CarMax employee – please pass on the word that top up photos are lame.  Anyway, I blew a big part of my $109,000 budget on the 911 and the A8 and this was the most unusual convertible left for under $11,000. Top Speed did a decent review from back in the day.  Satisfy your Stockholm syndrome with this Fresno Volvo. (Only $10,000 for the fifth car.)

Volvo

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#5 GO FAR

Saudis killing journalists.  Iranians eyeballing the straights of Hormuz.  Gas was once under a buck (at least in my driving lifetime) and now straddles $3 a gallon.  I worry the day is comin’ when we see European gas prices here in the USA, and thinking why not throw in a cool car that gets over 40mpg?  So with two German cars, and American SUV, and a Swedish convertible in the fleet, why not an Italian car? (Let’s ignore it’s made in Mexico and Poland – it’s a sensual little Italian coupe at heart.)   And I absolutely loved the Fiat 500 from the day it hit the cobblestones streets of Europe in 2007.  Keep in mind I only have $10,000 left.   The feisty Fiat 500 Abarth blows my budget, so had to make do with this 2015 Fiat 500 Sport.  At least it’s still under manufacturer warranty for another year – should keep the MaxCare cost down.

This little guy has a 101hp 1.4 liter engine that putts to 60mph in 10.5 seconds – almost identical to the 1.6 liter in my 1971 Fiat Spider – and a manual 6 speed transmission.  Bluetooth, leatherette interior, cool wheels and a rear spoiler – what else do you need?  Here’s the Top Speed review.  As a bonus, here’s the clever and award-winning Fiat 500 commercial “Liberation”. Look for this one owner car here in Kansas City.

2015 Fiat 500 Sport

Perhaps I dig the car so much because I accidentally rented one in 2009 while living in Europe, two years before they were introduced in the US.  I was in Oslo, planning to check off a bucket list item and drive north to the Arctic Circle.  Was offered this Fiat 500 and I declined – too small.  For 50 Euro a day more I could “upgrade” to a VW Polo.  I’m 6’4″.  Both cars looked to be disappointingly small, so I pocketed the 50 Euro and took the Fiat.  I loved it.  North of Oslo the highway disappears into a two lane, winding mountain road.  And it was raining.  And there were so many logging trucks.  And curves.  But I was able to flog that little Fiat 500 and work the gears and pass when I could.

One of the top 10 drives in my life.  Took 16 hours to cover the 600 miles, with only one stop halfway in Trondheim to buy gas, coffee, and food.  And not once, not once, was I uncomfortable in those upright seats!   Got 39 mpg and I drove the car hard.  Arrived at 2 am – in broad daylight – and checked off the The Arctic Circle Centre in Saltfjellveien the next morning.  Raced back to Oslo the day after with an equally exhilarating run.  Take your shots at this goofy car, but I’d own one (an Abarth) regardless of the budget.

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So there you have it.  Five cars from all walks of life for $109,000.  No single car was the best in its field, and perhaps you’d rather spend more on an SUV and less on a sports car, or choose a lesser sports car than the 911, but this was the best all around menu for me.  Again, would be a hoot to know what readers might pick – warn you – it’s far more work than I had planned on to mix and match and stay under budget.  Add comments or email me at chuckbanks@thecarmaxunicornblog.com if you’d like.  And if you made it all the way to here, one of my longest blogs ever, you have my eternal gratitude.

 

 

 

New Old Stock (NOS) – Damn Near New 10 Year Old Unicorns

Still fascinated when CarMax scarfs up and offers for resale cars that have unbelievably low miles, such as these two 10-year old cars driven about 100 miles PER YEAR!  Most of us drive more than that a week, and some every day.  The first one here, a 2008 Mustang GT500, is a decent enthusiast unicorn that would be a hoot to own and drive.  It deserves to be here.  The Hyundai….not so much.  But there’s something kinda cool about a 10 year old SUV that has only 1,200 miles on it.  Even a Hyundai.  Both are time capsules.  And to think with MaxCare you can drive them another 100,000 miles, maybe 150,000 – until they are almost 15 years old, and never have a major repair bill.  Check them out.

The 2008 Ford Mustang Shelby GT500 is a supercharged 5.4 liter V-8 with 500 hp, a six speed manual transmission, and pulls a 4.3 second 0-60.  Here’s a review from Motor Trend back in 2008.  On one hand, the car sold for just under $50,000 new back in the day, and hasn’t depreciated hardly at all.  On the other, with 1,300 miles on the odometer it’s hardly been driven – damn near in showroom condition.  I defer to Mustang fans on whether the ultra low mileage warrants the not so low price.  I also think the MaxCare warranty will be cheap, and could get you another 150,000 miles and five years of no cost repairs.  But will the next owner drive it or also mothball it?  This is a one owner car out of Carrollton, Texas found here in Dallas; if the link is broken it’s sold, on hold, or being transferred.  It’s been around for over a week – wondering why no interest?  

2008 Mustang GT500 $37,998 1310 Miles Irving TX

THE HYUNDAI SANTA FE

I’d be real surprised if blog readers are still reading at this point, but what the hell.  Like I said, there’s something interesting about a car driven 2-3 miles A WEEK.  Decent little SUV that got decent reviews.  Car and Driver wrote, “The Santa Fe’s strengths are value, a comfortable ride, and a high-quality interior that is better than most of its Japanese rivals.”  It sold in the low $20’s and is sold here for only a few thousand less.  I wouldn’t even get the MaxCare warranty – just buy it and load up the miles for the next 10 years.  It’s got an under-powered six cylinder and it’s only two wheel drive, but it will hold a dog and groceries and is XM ready and has a USB port and cruise control and…..no miles.  This one owner car spent it’s whole life in Kernersville, North Carolina and is offered here in Greensboro, just down the road.  Somebody take it in?

2009 Hyundai Santa Fe $15,998 2k Greensboro

Three Stupid Low Mile Muscle Cars From The Noughties

2009 CorvetteI’m fascinated with CarMax’s ability to scarf up ridiculously low mileage cars, especially unicorns for enthusiasts.  Here are three horsepower-heavy beasts that have been driven not more than hundreds of miles per year, and because of the MaxCare strategy of offering bumper-to-bumper warranties on everything on the lot, you could guarantee no major repair bills for another 5 years and 125,000 miles for not a lot of money.  But as with most old-school V-8’s, do you really need a long-term warranty?  Links are added below the photos – if dead the cars are sold, on hold, or being transferred.

2009 Corvette $35,998 4k LA

Hot Yellow Corvette in LA

2007 Ford Mustang Shelby GT500 $33,998 9k Baton Rouge

2007 Ford Mustang GT500

2009 Ford Mustang Shelby GT500 $36,998 3k

2009 GT500 with 3,000 miles!

 

Three Patriotic Low Mile GT500 Unicorns

3 GT500God blessed America with muscle cars.  A couple of three nice Mustang GT500’s in Las Vegas, Tuscon and Baltimore.  Cars are 8-11 years old and while not cheap, they meet my unicorn threshold and would easily qualify for the five-year/up to 150,000 mile Maxcare warranty.  Cars have less than 3,000 miles a year on ’em.   The 2007 is 475hp, the 2008 500hp, and the 2009 540hp.  Here’s the link to the red 2007 , the link to the white 2008, and the link to the blue 2010. If the links are dead cars are being transferred, on hold/sold.

2007 GT500 $29,998 29k Las Vegas2008 Shelby GT500 $30,998 22k Tuscon

2010 GT500 $35,998 12k Baltimore

 

1 of 1400 – 2008 Mustang Bullitt. The streets of San Francisco are calling

Bullitt PhotoMore than just an appearance package, the 2008 recreation of Lt. Frank Bullitt’s car is fast and raw.  I tracked several that CarMax offered last fall and chickened out every time.  Most were $17-22,000 and were all low mileage – one with only 4,000 miles.  And as always, you can still get a 100,000 mile MaxCare on these 10 years old cars.  This one is high-mileage but pretty cheap.  And although over 5,000 were made in the more authentic green, the black ones are more rare.  Here’s the Motor Trend review from back in the day, and the CarMax link is here.  If the link is dead, the car is sold, on hold, or being transferred.  By the way, the 50th anniversary 2019 Bullitt will be out soon.  Wondering how true to the original it will be?2008 Bullitt $12998 106k

Prices Dropping? Unusual Number of Unicorn Alerts

Over the past 24 hours I’ve gotten emails alerting me to price reductions on five of the 43 cars* I have saved in my CarMax profile.  Not a lot – $601 per car, but in the year I’ve been tracking unicorns I’ve never gotten this many.  Curious….New Year’s sale (CarMax doesn’t do sales) or is this related to the massive increase in inventory I blogged about last month ( The $577 Million Car Loan and Other Fascinating CarMax “Analytics” ) .

*I have 110 cars in my profile but many are listed as “No Longer Available”.  I keep them because more than a few resurface in another city, or even a few have been sold back to CarMax and show up back on the market.  That’s how I knew the 2010 Jaguar XKR I declined in January 2017 sold in Maryland, and was traded in and offered again in Virginia in December for $1,000 more than last year!

Here’s the unicorns I’ve been alerted to today:

Mustang GT Price Drop

$17,998 – Stupid Low Mileage 2006 Mustang GT

 Link – If Dead Car Sold/Hold/Transferred

VW EOS Price Drop

$12,599 – Rare 250hp V6 VW EOS

CarMax Link – If Dead Car Sold/Hold/Transfer

PT Price Drop

$10,599 Low Mileage Retro Cruiser 

CarMax Link – If Dead Car Is Sold/Hold/Transferred

Continue reading “Prices Dropping? Unusual Number of Unicorn Alerts”

Five Obscure Unicorns for $10-$24k……. or Beauty Is In The Eye Of The Beholder?

Writing this post for my new friends at the Facebook page “Obscure Cars For Sale 2.0” who think like me.  There are unusual cars out there that somebody loves.  Here’s my first five CarMax “unicorns” aka Obscure Cars for Sale.  I hope you enjoy them.

2006 Ford Mustang GT 7k $18599 Cincy
How do you drive this car only 600 miles a year?

The only think obscure about this 2006 Mustang GT is the crazy low miles – 7,000!  It’s brand new inside and out, and priced the same as a Honda Civic and way more fun. Throw in a MaxCare warranty for about $2,000 and you can drive this car until 2023 – when it’s 17 years old – and another 143,000 miles without a repair bill.  It’s a 300hp V-8 in Cincinnati.  Love it. Here’s the link to the CarMax ad.  If it’s dead the car is either sold, on hold, or in transit to another dealer.  I’ll keep tracking it.

2008 VW Eos VR6 $12,998 58k
Do NOT call this a chick car!

 

 

It’s cute as a button, German, cheap, and has a convertible hard top.  But this little guy has the underappreciated VW-Audi 3.2 liter six-cylinder pumping out 250 hp.  It also has a DSG transmission.  What’s that you ask?  It’s a Direct Shift Gearbox, an electronically controlled dual clutch automatic designed by Porsche that snap shifts stupid fast.

This is a sleeper version of a Golf-R32.  Find this one-owner VW in Naperville, Ill and the CarMax page here.

Continue reading “Five Obscure Unicorns for $10-$24k……. or Beauty Is In The Eye Of The Beholder?”

Be Careful What You Ask For – Surprise V10 Unicorns

One of my CarMax boilerplate searches I saved is for any V10’s that surface.  I get alerts occasionally for BMW M5’s and M6’s, but no longer Audi S6’s.  Not sure why CarMax no longer carries them but one can hope.  Today I got alerts for a pair of ten-year old V10’s.   Both are bargains.  One is for a ten-year old, 9,000 mile vehicle for $18,998.   Sounded like a bargain.  Maybe it is.  The second is a little more pricey at $28,998 with 45,000 miles.  Here you go.

 

 

The $577 Million Car Loan and Other Fascinating CarMax “Analytics”

Small 73000
The total cars on the lot around noon, November 18th 2017.  The numbers fluctuated by hundreds between the beginning and completion of this blog, rendering all my calculations estimates.

The CarMax nationwide inventory jumped from just over 40,000 cars in the summer of 2017 to over 73,000 today.  That’s the highest it’s been since I started tracking CarMax unicorns a year ago and it got me pondering on all things cosmic CarMax.  For example, that 33,000 plus-up in stock equals a staggering $577 million* investment in cars in just a few months.  I’m thinking like you and me, CarMax didn’t pay cash and owed somebody a helluva lot of money.  You think they get dealer financing? I’m thinking CarMax needs to move some cars and hoping there are more unicorns and lower prices!

*The average CarMax vehicle sells for $19,677 with a gross profit of $2,178, indicating a rough guess each car costing CarMax $17,489.  See “CarMax Reports Second Quarter Results, September 22, 2017″.

So I decided to do my own homemade “analytics” and dive deeper on what makes up an inventory of 73,000 cars.  CarMax knows what they’re doing, and I suspect their inventory largely reflects what America wants in a car.  So here’s what I learned. Continue reading “The $577 Million Car Loan and Other Fascinating CarMax “Analytics””