Ten Quick Hits – Ten More Convertible Unicorns!

Had a bunch of convertible unicorns saved in my CarMax profile in addition to the 2016 Mercedes E550 from earlier this week – under $45,000 and 60,000 miles, and thought I would do a dump here so I can move on to other cars next week. Trying to keep this to more limited models, so while they may be great cars, no Mustangs, Camaros, or Miata convertibles since they are just too plentiful. See what you think of these. Cheapest to most expensive.

Okay, right off the bat, I’m vulnerable to getting my chops busted for a Mini. CarMax has 448 of these little German impressions of a British icon. But only 38 John Cooper Works models. And only three with a manual transmission. The John Cooper Works is a different animal entirely — BMW’s performance division, 228 turbocharged horses, a chassis tuned at the Nürburgring, and a 6-speed manual gearbox in a convertible. 

Yeah, a six-second 0-60 mph time, but Car and Driver called the JCW “the most fun Mini ever built.” Black on black with 28,000 miles and a $21,998 price tag on a car that stickered at $35,000 makes this one of the best performance bargain on the list. Amused CarMax has an “imperfection” sticker on the shifter. This 2017 Mini Cooper JCW is a one-owner, LA car currently reserved here in Clermont, Florida. How it went coast to coast to be sold, I don’t know.

Stock No. 28740784 VIN WMWWH9C51H3A78568

2018 Buick Cascada Sport Touring. Four thousand miles. On an eight-year-old car. Someone bought this, drove it to the vineyard twice, and turned it in. The Cascada is a German Opel in a Buick costume — built in Poland, sold in the US only 2016–2019, and now extinct. Heated seats, heated steering wheel, a soft top that folds in seconds, and a red-over-black color combination on an essentially new example. When it launched in 2016, buyers balked at the price for a Buick. At $24,998 – $10,000 less than when new – with virtually no miles, that argument is long gone.

The Opel Buick has a 1.6-liter turbo four good for 200 horsepower and a middling 7-second 0-60 mph “sprint”. Not a performance convertible by any means. Consumer Reports summed it up well: “The car isn’t particularly quick or fuel-efficient… but if you don’t mind those compromises, you’ll have the wind in your hair without breaking the bank.” Reminds me of the VW EOS, without the hardtop. It’s a one-owner, accident-free Illinois car that’s now reserved here in Rivergate, Tennessee.

Stock No. 28625372 VIN W04WJ3N5XJG083436

Still in the category of “Cute Red German Convertibles for $25,000, Alex”, here’s another hardly driven, totally adorable little drop top. Tan over red outside, pretty much the same scheme inside, and among the most cheerful pairings in the CarMax inventory, consisting of mostly black, white, and silver cars. Fifteen thousand miles in twelve years. Roughly 1,400 miles a year — a Sunday driver’s Sunday driver. The A5-generation Beetle convertible was discontinued after 2019 and won’t return, making low-mileage examples increasingly collectible. The 1.8T is no muscle car at almost eight seconds to 60, but the Golf platform underneath it is sound, and the car simply hasn’t been used.

Oddly, this car is selling for only $4,000 less than when new a dozen years ago. Didn’t know Volkswagens that weren’t Golf R’s held their value like this. It’s also on the cusp of CarMax extinction as 2014 models of European cars are phased out – of the 1,500 cars from 2014 in the CarMax inventory, only 37 are European. It’s a one-owner, one-accident VW also reserved here in Indianapolis, Indiana.

Stock No. 28763216 VIN 3VW517AT4EM819566

Sticking with the red unicorn theme for a bit. I actually saved this in my profile as a possible and unlikely replacement for my M3. Here’s why. Manual transmission. Oddly, adaptive cruise control, heated seats and steering wheel, automatic headlights…many of the things I’d like in a modern car, and didn’t know they were available in the Jeep Wrangler. Pleasantly surprised. And legit 4×4 offroading credentials to get me into trouble. Here is a Wrangler that can’t decide what it wants to be — and that’s exactly what makes it interesting. The Wrangler is the only car on this list where you can drop the top, remove the doors, engage 4-Low, and ford an actual creek. Most convertible buyers will never do that. But knowing you could is half the appeal. “The most capable off-road vehicle that also happens to be a legitimate convertible.”— Car and Driver.

The Jeep is powered by a 3.6-liter six cylinder making 285 horsepower. Not bad. It does 0-60 mph in 7.4 seconds, quicker than the Beetle, but not why you buy a Wrangler. I abandoned the idea of this as a replacement for the M3, as much as I want a manual transmission convertible, for one reason only – I want a manual drop top to handle well, sprinting around country roads, and a Wrangler ain’t that. Otherwise, it’s a very well-equipped daily driver. It sold new for about $38,000 and is now $27k with 29,000 miles. Accident-free. Two owners. Find it here in Smithtown, New York.

Stock No. 27795027 VIN 1C4GJXAGXMW534240

Needed to include a hard top convertible and elected to add this sleek SLK300 rather than an M4, since I already have two BMW’s on this list. A 2016 Mercedes SLK300, that, like some of the others, has hardly been driven – 7,000 miles in a decade. The 2016 SLK300 was a genuine refresh: a new 2.0-liter, 241-hp turbocharged four-cylinder replaced the old, anemic 1.8, and a 9-speed automatic replaced the previous gearbox. It surprises me with a 0-60 mph time of 5.1 seconds. The folding hardtop means you get a proper coupe in winter and a roadster in summer, with no wind buffeting, although a slightly compromised trunk. The Mercedes hard top convertibles also have the built-in skylight – a bit unusual. Red over cream is a striking, classic pairing on a car this small and this tidy. The VW Beetle’s prettier twin? AutoGuide noted the SLK “builds speed in an effortless, assuming way” — which is another way of saying it’s faster than it feels. 

This is a one-owner, accident-free car from the southeast, and sold originally for nearly $50,000. At the moment it’s here in Palmdale, California, north of Los Angeles.

Stock No. 70003630 VIN WDDPK3JA7GF123017

I promise this is the last red convertible. It’s maybe as unwelcome in the enthusiast car community as Tim McGraw’s hit, “Red Rag Top”, was in country music radio back in the day. IYKYK. Here’s a historical footnote most buyers will miss: 2018 was the final year Nissan offered the 370Z Roadster with a manual transmission. After this, you could only get the automatic in the drop-top Z. That makes this the last of a lineage stretching back to the 1969 Datsun 240Z. Sadly, this example is an automatic, but the context matters — the 370Z Roadster in any guise is an adequate sports car, increasingly hard to find. The naturally aspirated 332 hp, 3.7-liter V6 revs to 7,500 rpm, sounds genuinely good, and pulls a very strong 5.1-second 0-60. Touring trim means Bose audio, leather, and navigation. Red on black. 19k miles. An almost future collectible at a practical-car price.

The 2018 Nissan 370Z sold for over $40,000 new and is now a reasonable $29k. Ultra low miles. It’s a two-owner car from the south that’s now here up in Albany, New York. The 370Z has not gotten much love from car enthusiasts, but it’s for the Z purist who wants an analog sports car at an analog price.

Stock No. 28000973 VIN JN1AZ4FH4JM520035

Here’s a 2017 BMW 650i Convertible. Grand Tourer. The 2017 is the last model year of the F13 6 Series — BMW discontinued the body before the 8 Series replaced it. One of the newest examples you’ll find, 27,000 miles, original sticker close to $96,000. The twin-turbo 4.4-liter V8 makes 445 horsepower and covers 60 mph in 4.5 seconds. Massaging heated and cooled seats. Bang & Olufsen audio, Apple CarPlay. A heads-up display. White over black is clean, fast-looking, and anonymous — nobody knows it was a near-six-figure car until you accelerate. Careful when turning – it’s a big one, though.

This is my second-favorite unicorn from a value/depreciation perspective. It’s selling for almost a third of its MSRP. Perhaps some reliability issues can be addressed with Maxcare. The BMW also gets around – five owners up and down the East Coast, but no accidents. It’s here at the moment in Columbus Sawmill, Ohio.

Stock No. 28795814 VIN WBA6F5C58HD996808

Now going with a red, white, and blue theme? No apologies on this one. A legit driver’s car. 2017 BMW M240i. “The M240i is the best-driving BMW you can buy for the money — perhaps the best-driving BMW, full stop.”— Car and Driver. A turbocharged inline-six convertible, 6-speed manual, 10,000 miles, in blue over red — which is to say, the only color combination with any conviction — at $35,998. The M240i was the spiritual successor to the beloved M235i: smaller, lighter, more analog than the M4, with almost as much performance and considerably more soul. BMW discontinued the 2 Series convertible after 2021. This configuration — manual gearbox, soft top, barely driven — is a bit rare.

When new, the 2017 BMW M240i sold for perhaps $51,000. It’s held its value at $36k, and the ultra-low miles mean you can drive it another 115,000 miles under MaxCare. It’s a two-owner California car available here in Pleasant Hill, California, between Oakland and Sacramento.

Stock No. 28586314 VIN WBA2L1C33HV668771

And now my favorite from a depreciation point of view, a 2017 Jaguar F-Type R AWD – $108,000 new. A supercharged 5.0-liter V8, 550 horsepower, all-wheel drive, a 186 mph top speed — for $40,998. The F-Type R was Jaguar’s attempt to prove it could build a streetable supercar; it succeeded. White over red is a dramatic pairing that suits a dramatic car. The AWD variant is the rare configuration — most F-Types were rear-drive — and provides genuine all-weather usability that the rear-drive R doesn’t. The exhaust note at startup is legitimately startling. A $108,000 car for the price of a loaded Accord. MaxCare is not optional. Budget for tires.

The 2017 Jaguar F-Type R rips to 60 mph in 3.9 seconds. “Not a sports car that compromises. Simply the most exciting Jaguar since the E-Type.”— Car and Driver on the F-Type R. Unlike the Jaguar XK, which had a pseudo-rear seat that allowed me to recline the driver’s seatback and generate a little more hip room, the F-Type is a true two-seater – meaning I don’t fit. (And I haven’t seen an XK on the CarMax page in months – wonder if they’re no longer carrying them?) This is a two-owner, accident-free car that spent its time in Virginia and Florida, and is now here in Albuquerque, New Mexico.

Stock No. 28753705 VIN SAJWJ6HL0HMK38378

Having just driven the Mother Road, I thought I should end with an American V8. The C7 Stingray is a complete sports car argument in one package: 460 naturally aspirated horses, 3.8-second 0–60, magnetic ride control that reads the road 1,000 times per second, and a Bose audio system audible at speeds no one should admit to. Black on black is the Corvette’s most serious look. At 20,000 miles and $43,998, this hits the unicorn threshold nearly to the dollar and mile. The soft top power-folds behind the seats in seconds. This is the American sports car at a practical price. 

This 20,000-mile, 2015 Corvette Stingray got its start in Muscle Shoals, Alabama, no less, and had four owners in the Midwest before returning home for sale here in Louisville, Kentucky, not far from where every Corvette has been built for the last 45 years. It sold new for perhaps $60,000 and has retained its value quite well.

Stock No. 28268814 VIN 1G1YF3D75F5120892

Ten convertibles, ten completely different answers to the same question: what does open-air driving mean to you? The JCW says it means a clutch pedal and a grin. The Cascada says it means a Tuesday afternoon with nowhere to be. The Wrangler says remove the doors entirely. The F-Type R says 550 horsepower and an exhaust note that sets off car alarms. None of them are wrong. The unicorn threshold isn’t just about price and mileage — it’s about finding the car that fits the specific kind of freedom you’re after. Probably one of these ten does exactly that for a car and CarMax enthusiast?

Quick Hit – Four NOS SUV’s for Snow? (And Inventory Coming – Maybe More Unicorns?)

New old stock (NOS), or old stock for short, refers to aged stock of merchandise that was never sold to a customer and still new in original packaging. Such merchandise may not be manufactured anymore, and the new old stock may represent the only current source of a particular item.[1] There is no consensus on how old a product must be to be NOS, and some people reserve an NOS label only for products that are actually discontinued. – Wiki

Not to be confused with nitrous oxide engine offerings, also known as NOS in the automotive hot rodding world, the handful of SUV’s below are what I could find of older vehicles with almost no miles on them – or damned near new in unicorn terms. They’re not terribly special otherwise, but I was sitting in my home office watching the snow fall and the plows at the ready, and thought why not?

Interestingly, I started writing this on January 19th when CarMax inventory was maybe 50,000 cars. On January 21st we are up to 65,319 vehicles! Pre-Covid CarMax held maybe 50,000 cars in inventory year round, and beefed up to 70,000 around the end of their financial year (spring). I’m already seeing some fascinating cars, unfortunately most are higher than my unicorn cap of $35,000. Think I’m going to have to up that. There was a time when CarMax offered lots of cars in the $5,000-8,000 range, and rarely one over $100,000. (Here’s the link to the first one I ever saw in 2017 – a Mercedes AMG GT S). Now the cheapest cars (3) are $9,000 and there are 36 cars on their lots that are over $100,000. The market has gone mad. Anyway, let’s get to the SUV’s. It’s still 19 degrees in Leesburg. Maybe when it warms up I’ll find us a real unicorn?

This 2014 GMC Terrain Denali is eight years old, and has only a couple of hundred miles on it. Adequately, but not opulently equipped, no third row, and a decent 301 hp six cylinder driving the front wheels, it’s mostly interesting as a bit of a time capsule. GMC sold about 100,000 units of these first generation Terrains yearly.

Find this single owner, accident free 2014 GMC Terrain Denali here in Las Vegas.

Stock # 21719671  VIN # 2GKFLUE36E6346763

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Apologies From a Selfish Blogger on September Absence (Hint – Instead of Writing I Bought Another CarMax Car)

THE SHORT VERSION: I haven’t blogged for a few weeks because I’ve been frantically searching the CarMax app for my next car, ignoring the unicorns that have come and gone. Also preparing to sell my remaining two cars and working too much. Pathetic excuses. I bought a car and will be back to blogging shortly! What follows are my three test drives and one purchase.

My latest ride – 2018 Jeep Grand Cherokee Limited

THE LONG VERSION: Not what you were expecting? Me neither. A couple of months ago I zeroed my SUV search down to the BMW X3 M40i and the Mercedes GLC43 AMG. And if you’ve been here before you know I tend to change my mind as more information becomes available. Or my whims change. Well, I really, really don’t want to get pinned down to only an SUV and a business car (my Mercedes S600) and headed in a different direction. It’s complicated. I’m selling my vintage 1971 Fiat 124 Spider after some minor repairs shortly (will post here soon) after taking first place in the annual Fiat gathering in July. Right after the Fiat goes I’m selling the S600 as it approaches 95,000 miles. The big Merc still has over two years and 30,000 miles of MaxCare coverage. Both cars are as marketable as they’re going to be. That leaves me, the CarMax guy, without a car. So for the past three weeks I’ve been going nuts on how to manage my replacement strategy and not get boxed in to cars I don’t want. Been searching night and day at the expense of blogging about cars for you. Don’t get me started on the unicorns that got away this month. Maybe they’ll be back? So this past week I went on the road and looked at not one, not two, but three CarMax unicorns.

In short, this is why I bought this SUV – fully loaded with every modern feature, reasonably priced, only a few years old, and nearby. It also had a V-8. There were lesser equipped Jeep’s out there but savings were minimal. And all similarly equipped Jeeps were thousands more. And while I knew it was a compromise for a Euro-luxury guy, when I loaded all these features into the CarMax website and asked it t spit out a BMW, Audi, or Mercedes, they were all $15-20,000 more than this Jeep. It started to feel like a bargain. It’s also just a stopgap car until my wife gets around to replacing her SUV, and I find successors for my Fiat, the 911 I sold earlier this year, and my S600. So as a short term vehicle it’s not bad.

A most comfortable interior for a Jeep.

Rolled the dice and took the train from Washington DC up to Newark, Delaware to look at the Jeep. The risk was there might be something wrong with the car that would interfere with the sale and I’d have to hitchhike back. But the purchase went off almost without a hitch. The auto cruise control isn’t working and will be fixed if we keep the Jeep. MaxCare was $3,800 for the $50 deductible up to 150,000 miles. Driving home was pleasant with Apple CarPlay going, air conditioned seats, and the V-8 adequate at best with only 360 hp. I got 23 mpg at a steady 70-75 mph. Interestingly, the trip odometer / fuel economy info had not been reset for the past 9,000 miles, and it looks like the previous owner enjoyed a whopping 11.9 mpg. Had to be all city driving. But I didn’t drive straight home. There was another unicorn I had to see that same day!

Continue reading “Apologies From a Selfish Blogger on September Absence (Hint – Instead of Writing I Bought Another CarMax Car)”

A Really Good Deal on a Jeep SRT-8 (and why I haven’t blogged in weeks)

Oh I so wish this 2012 Jeep Grand Cherokee SRT-8 fit the bill for my next family SUV. It’s a damned good unicorn. Over the years I’ve been surprised how much these hot Jeeps retain their value, often costing much more than this one and having far more miles. As of this writing CarMax has seven other Jeep SRT-8’s available or coming soon, ranging from $49,000 for a 2014 model with 56,000 miles to $64,000 for a low miles 2019 model. This hot rod is $38,998 and has only 40,000 miles. That’s a deal.

For 2012 the Jeep Grand Cherokee SRT-8 was redesigned with a bigger motor, now 6.4 liters and 470hp, and good for a 4.6 second 0-60 mph run. The Jeep got great marks for handling with AWD and adaptive dampers. Here’s what Motor Trend had to say (I could hardly understand it myself but maybe you will) “The rear-mounted electronic differential also uses clutch packs to send power side to side. The torque vectoring keeps the Jeep turning even when the front end is losing grip. It felt much more natural on the racetrack than it did on our figure-eight. In big sweepers, it is tough to keep a steady speed as small inputs in throttle will cause torque vectoring, but as soon as neutral throttle is needed, the added turning force goes away.” Remarkably, the Grand Cherokee SRT-8 handled as well in the slalom and on the track as the Charger and 300 SRT-8 sedans. The Brembo brakes stopped the 2 1/2 ton Jeep from 60 mph in 106 feet – less than comparable Porsche Cayennes and BMW X5’s. What was unimpressive in the reviews was the outdated five speed automatic transmission with no rev matching on downshifts.

As impressive as all the oomph and performance and raucous V-8, the interior features surprised me at this price point. Auto cruise control. Air conditioned and heated seats. Heated steering wheel. Panoramic sunroof. Carbon fiber trim as standard. This Jeep sold new for just under $60,000. While $38,998 may not seem like much depreciation for a nine year old Jeep, given the prices of all the others on the lots it’s damned good. And with 40,000 miles, add on MaxCare and this thing is good for 85,000 more worry free miles. And yes I checked – accident free and only two owners! Find this 2012 Jeep Grand Cherokee SRT-8 here in Torrance, California.

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400hp Low Price Porsche Cayenne GTS Work Truck (And a Better BMW X5!)

2009 Porsche Cayenne GTS $24,998 52k LAThis 2009 Porsche Cayenne GTS listed here in Los Angeles got my attention at a price point of only $24,998, and with 57,000 miles it fits nicely in my made up unicorn world ($35,000/60,000 miles or less).

Thinking not bad for a 10 year old SUV (former Porsche CPO), and with a 400hp naturally aspirated V-8, 4WD, a tow hitch, front and rear seat heaters, Bluetooth and Bose, it has the minimum I would need in a work “truck”.  Throw in the MaxCare warranty and tax and probably out the door for $30,000.  Not bad for a Porsche Cayenne GTS that once sold for over $70,000.

But this Motor Trend review clocked it as a six-second 0-60mph, and while I’m sure it handles well, it’s kind of…slow.  It’s a three owner one accident SUV and also lacking a number of features – third row seat, rear view camera, air conditioned seats – so I kept looking.2012 BMW X5 $22,998 53k FresnoWhat I found was this 2012 BMW X5 XDrive50i for $2,000 less and about the same mileage, and also with a 400hp (twin-turbo V-8), 4WD, and a tow hitch (pictured, but not listed as a feature!). But it also has the Cold Weather Package (front and rear seat heaters AND heated steering wheel), Premium Package, Technology Package, rear view camera,

third row seats, and air conditioned seats.  Does everything the Cayenne does and more, for less money, and per this Auto Guide review was faster than the Cayenne GTS.  And no accidents.  Unclear to me how the BMW X5 compares handling-wise, and if it matters, it’s a little less panache than the Porsche.  But that’s all.  Find it here in Fresno. It’s a bargain.

Continue reading “400hp Low Price Porsche Cayenne GTS Work Truck (And a Better BMW X5!)”

Quick Hit – 2008 Jeep Wrangler X Driven 10 Miles PER WEEK!

Jeep SideI’ve driven a Jeep off road (tons of fun) and on the highway (lotta noise) and not really for me.  But for a brand that has survived being owned by American Motors, Chrysler, Daimlier, Fiat, and maybe Renault next, and a World War, it must have something going for it.  Was surprised to find this 11 year old, lovely yellow, 2008 Jeep Wrangler X unicorn sporting less than 6,000 miles on the CarMax website today.  That’s 10 miles per week of driving!! But here’s the downside; per this Car and Driver review from 2008, it looks like this car is actually listing at CarMax for the same price as when it was new!

It’s a manual transmission, six cylinder legit Jeep.  With a bad ass subwoofer.  Surprised this little box weighs in at 4,200 pounds.  But it’s a real Jeep.  And with these miles, you could buy the MaxCare warranty for up to 150,000 miles.  Think about it – you could drive five more years, almost 30,000 miles a year, worry free with a bumper-to-bumper warranty.  That would be a rough 30,000 miles of highway driving annually!   Find it here in Los Angeles. 2008 Jeep Wrangler X $21,998 6k LA