This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Auto Recall of Long-Gone Jalopies

Ah, the memories those old cars stir. Yes, and fond memories of gasoline at less than a quarter a gallon. Joy rides, day trips, traffic jams in snowstorms and bringing the baby home from the hospital and later to the college dorm.

I got my first warning ticket while driving Mom's Pontiac Tempest (GM). That little car had an overhead cam engine and was so light that it, without notice, flew past the 65 MPH speed limit through the off ramp from the interstate near Erie, or so the trooper told me. I got the warning (rather than a ticket), as the officer had pity on a young kid driving his Mom home from a visit in Ashtabula, Ohio.

I had learned to drive on an azure aqua '64 Chevelle station wagon earlier that summer. The gas gauge never worked. We never ran out of gas, but it wasn't exactly a chick magnet either.

Chevelle, the name sounds like some kind of animal. Gazelle, Jezebel? Oh, well. We had cool brand names in those days, Comet, Javelin, Vega, Pinto, Caravan, Voyager, Ram, not like car brands these days. It seems like the auto industry hired some pharma copywriters to come up with weird car names, Sportage, Optima, Scion, Hyundai, Avalon, Prius, Fusion, Volt, Sonata? Well, I see Impala is back. You'll know we've gone truly retro when Ford revives the Edsel.

So, the way it works now is, my wife gets a new car when she's ready. I get my wife's used car. You remember those problems Toyota was having with floor mats. Well, in spite of that, I bought a Rav4. For my wife. She loves it. And if she ever gets another new car, she says she wants a VW Bug to tool around in.

I'd get the low-mileage Rav and if we had to go anywhere in the snow, that's what the AWD is for.

I sure hope they've adjusted the Bug architecture by the time I need to ride in one. I'm not as flexible as I was at 17. The new models look lower and squatter, maybe it is designed for me? But I bet $250 won't cover the monthly nut on that new puppy. It may be enough for a tank of gas by then.

-- Written by Anthony Buccino in New York.

At the time of publication, the author drives a 2002 Kia Sportage.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs