All car enthusiasts secretly (or perhaps openly) would love to count on a car collection. The problem – this is an expensive hobby. Unless you’re earning more than $1 million per year odds are you don’t have a spare $350,000 laying around to invest in a car. But celebrities and athletes do, and here are some of the more impressive collections. David Beckham Beckham made his bones on the soccer field, blasting them from every which way and racking up tens of millions along the way. So, it should come as no surprise to find the father of four in absolute car heaven with the likes of a McLaren MP4-12C Spider and a Bentley Bentayga (both black). He is frequently seen with the family in another black, Rolls-Royce Phantom Drophead Coupe, and if he’s not driving, then being chauffeured in a Bentley Mulsanne is also an option. Floyd Mayweather Money Mayweather, [...]
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A debate that continues to fester today is whether the recovery from the 2008 financial crisis had anything to do with the decision to bail out GM and Chrysler or whether the economy was recovering on its own and a bailout was never necessary in the first place. Most economists agree, among them Austan D. Goolsbee and Alan B. Kruger, both top Obama administration economists, that they did not know if the bailout would work going into it. Automakers did get back on their feet and the domino-effect that could have resulted from GM and Chrysler going down might have been fatal. However, digging a bit deeper into the numbers, while both automakers were poorly managed leading up to the bailout, by 2009 improvements were beginning to take shape. The Big 3 were on the road to recovery prior to the bailout which has fueled the anti-bailout contingent. Bailouts in general produce what economists [...]
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Ever wondered what would have become of you had you chose to go to medical school instead of business school? Or what if you had concentrated more on sketching and drawing as a kid? Heck, you could have become a famous illustrator! Choices, they’re everywhere, ever-plentiful and make life a whole lot more interesting. While choices are fantastic, one always remains with the “what if” sensation. You can’t choose two things simultaneously that both depend on the same action. One by default always needs to remain in that “what if” void. Ten years after the U.S. auto industry (GM and Chrysler) were bailed out by the government (taxpayers) the “what if” folks are back at it asking the question many at the time argued so vehemently: “What will happen if we decide not to bail them out?” Economists have a range of models to arrive at predictions to this question. But even [...]
Cars for the most part come and go. When we say come and go, yes, models stick around for some time, sell obviously, but for the most part are simply part of the overall supply. Folks choose based on an array of factors and like food in many respects, purchase accordingly. There are however a handful of iconic models, with most manufacturers being able to claim one of more. In the case of Volkswagen, that icon is undisputedly the VW Beetle. Jumping on the scene in 1938, the Beetle was designed in large part by the Nazi party, seeking a cheap and simple car that was practical and could be mass produced. Ferdinand Porsche was the lead designer and the Beetle’s influence on what would later become many Porsche models is evident. Despite being initially produced in the late 30s, it wasn’t until 1945 that the Beetle really took off. Post-war the VW [...]
Every year AAA puts out a wonderful report on the hidden costs of car ownership. The authors factor in a giant list of variables to arrive at the price per mile one would pay in a given year, plus the costs of things that hit every car owner such as routine maintenance fees, depreciation, etc. The average cost for example of an average 2018 car that logs 15,000 miles per year is 59 cents per mile. The report then dove into some personal stories (with the names changed to protect their identities). Here is where it gets up, close and personal. Let’s take a look … Jenny lives in Rockville, Maryland and commutes 40 miles to work every day. This equates to over 10,000 miles per year. Jenny owns a Ford Focus and if one only considers the average costs of repairs, tires, maintenance and fuel, Jenny is looking at a bill of [...]
Over the years there have been some iconic Hollywood stars who hitched their fame to the auto industry. Everyone from David Hasselhoff and Knight Rider to the highly popular Fast and the Furious franchise. Hollywood and car culture have always been deeply ingrained, and today we pay homage to a titan of his time – Burt Reynolds. Born in 1936, Reynolds entered acting during college after suffering a football injury while playing collegiately at Florida State University. By the time the 70s rolled around Reynolds exploded with car-centric blockbusters like “Cannonball Run,” “Smokey and the Bandit,” and “Hooper.” When “Cannonball Run” came out the entire country was suffering from sky-high gas prices and a boring 55-mph speed limit. Reynolds played the role of JR McClure, and coupled with his trusty sidekick, Victor Prinzi (Dom DeLuise), the two set off on a cross-country adventure that was initially dreamed up by Brock Yates, a famed automotive [...]
Although tough to believe, in 2018 electric vehicles (EVs) are still science projects. Therefore, Tesla in many ways is light years ahead of the game. Elon Musk, for all his rants and odd behavior, is the most brilliant of the EV scientists out there. Or least the most vocal and seen. It’s not as if Tesla buyers are shopping across a range of EVs and arriving to Tesla. That’s what the competition would have you believe. While there are hot EV sellers out there, make no mistake, Tesla does well because there are simply a lot of folks with resources who want a Tesla, period. If you measure the company by pure market capitalization, Tesla either stands side-by-side with the Detroit Big Three (General Motors, Fiat Chrysler and Ford) or flat out beats them depending on the time of year. Jim Chanos, a revered stock analyst and famed short seller of Tesla, maintains however [...]
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If you thought those SUVs in the previous post were otherworldly, you’ll flip your lid off these to follow … Porsche Cayenne Turbo S This keeps getting crazier. The Turbo S not only breaks the 4 second mark, it does so not with 3.9, but rather 3.8 seconds – 3.8 seconds, 0 to 60 mph. This is honestly ridiculous, shouldn’t be legal, but we’re pleased (speaking for you as well) this is real and legal at that. A massively powerful SUV, the Cayenne Turbo S is not for weekend novices. Buyer beware! Alfa Romeo Stelvio Quadrifoglio Another mouthful but owning and communicating you own this car will make you refined, sophisticated, the envy of all and great cocktail content will follow. The Stelvio is a bit smaller than the other folks on this list, but with that said, 0 to 60 mph in 3.9 seconds is nothing to sneeze at. It’s [...]
Careers in the auto industry are abundant. Maybe not from a supply perspective necessarily, but abundant in that there are a variety and depending on your state some more plentiful than others. Here are a handful to consider … Auto body technician Starting salary is in the $38,000 range and what you’ll typically need for this position is what’s known as an Automotive Service Excellence (ASE) certification. There are no bachelor’s degree programs so think of an auto mechanic type of position, but likely less paid. This is a position for folks who want to get down and dirty under the hood, car, or anywhere else in and around the vehicle. Good body technicians move up through the various makes and models, and high-paid ones are typically working on very high-end cars. Automotive instructor Now, this is not the driving instructor. This is more aligned to something akin to instructing [...]
We’re keeping the carry-on bag hauling party going here. Wait til you get to the Top 3 … 11. 2018 GMC Acadia The Acadia brings forth some impressive numbers but suffers from a tight cargo area. Behind the third row Car and Driver could only manage two carry-on bags. With that said however, 28 in total can be jammed into the Acadia. Not too shabby. 10. 2018 Nissan Pathfinder Like the Durango, the Pathfinder breaks the 80 cubic feet of cargo volume mark, and sports 28 carry-on capability, two more than the Durango. The Pathfinder is a big car from the outside looking in, so this might seem small to those expecting a large interior. 9. 2018 Jeep Wrangler JL If you’re thinking of hauling anything in the Wrangler, don’t opt for the two-door version. The four-door Unlimited model is the way to go, as the difference in cubic [...]
*A Vehicle Service Contract (VSC) is often referred to as an "extended auto warranty," "used car warranty," or “service program,” but is not a warranty. A VSC does, however, provide repair coverage for your vehicle after the manufacturer's warranty expires. A VSC is a contract between you and a VSC provider or administrator that states what is a covered repair and what is not. Delta Auto Protect is an administrator of VSCs and does not sell warranties.
Delta Auto Protect uses the terms “Warranty,” “Extended Warranty,” “Program,” and “Extended Service Program,” with “Vehicle Service Contract” and “Extended Service Contract” for marketing purposes only.