Irieman.com | Last One Out…

Today Forbes.com discusses the increase in used car values for older, fuel-efficient vehicles. I about lost it when I read:

“…This year’s Mini Cooper buyers expecting to find a lower-priced used 2007 Mini were in for a big surprise. They paid, on average, $2300 more for a used Mini in mid-June, a 12% increase over the average transaction price on Jan. 1 of this year...”

Twelve percent? Twelve percent?! Since January?! Well, you know how I am– I immediately got distracted from the article and had to get an update on the ol’ “Kelly Blue Book vs. Payoff“ challenge for my own MINI. The results? Wait for it…


Kelly Blue Book, Private Party, Excellent Condition: $21,945*
Current payoff (after 3 years of payments): $15,662.73*

That’s right folks by these numbers, not only have I only lost about $6,000 in value after three years of ownership- if I sold it today, I’d make it all back! Yeah, I know I probably missed something in the math there somewhere. Feel free to correct me. Meanwhile, excuse me while I laugh my a** off for a second and do a little dance…

Forbes continues:

“Dominating the list of 15 fuel-efficient used cars making a comeback is the Mini Cooper with four model years, including 2005 ($1,900 average transaction price increase, or 11%); 2006 ($1,600 average transaction price increase, or 10%); and 2004 ($1,050 average transaction price increase, or 7.4%)…”

Yeah, I had to include that part in there too. But in all fairness, its not all about the MINI. Check out the entire article for some jaw-dropping, cork-popping numbers! Well, I guess that depends on what you drive.

*(Figures are for comparison and commentary purposes only.)

Related Links:

• Forbes.com
• KBB.com
• MINIUSA.COM

It’s New Music Tuesday, Episode 31, “Chinese Apple!“

A few articles I ran across today question if the Dodge Hornet (concept) is specifically aimed at taking a piece of the MINI Cooper market.

When the eBay auction closed on June 15th, some lucky Austrian fella (or fraulein) became the proud owner of the one-of-a-kind Life Ball MINI 2008 by Agent Provocateur.

Closing at 45,000 Euros (equiv. $69,700 USD), that’s a pretty good deal for a custom MINI Cooper Clubman! In addition to the hand-stitched leather interior, custom graphics and paint and of course, bragging rights- proceeds from this auction go toward international AIDS charities, which is a pretty cool statement right there!

The winning bidder will also receive two VIP tickets, including overnight accommodation, for the MINI Challenge Finale on 27 September 2008 at the Salzburgring race track.

Not a bad deal for 70 grand! I would certainly take it over a 7-Series any day!

Related Links:

• LifeBall MINI
• LifeBall.org
• Agent Provocateur

Found on NorthAmericanMotoring.com…

“I get good comments like ‘that can’t be stock!’ ‘what do you have in that thing?’ I’m pretty sure most of those guys think I’m a liar. My answer always is ‘look at the ride height, if It wasn’t stock would I have it riding so high’ …”

filed under “you could see it coming a mile away”…

Auto-blog site, Cars.com reports that 900,000 people went to miniusa.com in May 2008?!

“Maybe it was the recent introduction of the Clubman, but MINI is saying, nope, it’s high fuel prices that have driven traffic to its website to increase nearly 90%. Last month, more than 900,000 people went to miniusa.com to check out the Cooper lineup. Searches for new Mini Coopers were also up on Cars.com, nearly 40% in May compared to April 2008.”

The article continues on to cite mileage estimates in comparison to other cars in the same class. Friends of “Bushfinger MINI” will recall more realistic, real-world mileage statistics conducted by yours truly!

Read the full article at cars.com

It’s New Music Tuesday, Episode 30, and you’re in the friend zone, baby!

Oh noes! Not the “Friend Zone”!

Definition:
A state of being where a male inadvertently becomes a ‘platonic friend’ of an attractive female who he was trying to intitate a romantic relationship.
[source: UrbanDictionary.com]