We’re certainly not financial experts here at Mama’s Used Cars, but we do know a little something about finding ways to save for a car. If you know you’ll need to buy a car pretty soon, here are a few tips to maneuver your budget and make that purchase seem a little more realistic.
Last year at an RM Auctions event in Monterey, California, the very last Shelby GT350 ever made (serial number-wise) sold at auction for $189,750. For those of you who might not know, the 1970 Shelby GT350 was and is an absolute monster driven by a Windsor 351 cubic-inch V8 that doled out a beastly 290 horsepower. That’s enough power to make that souped-up hoopty your neighbor calls a sports car weep in the corner alone. Sure, it’s powerful and legendary, and the ’70 Shelby GT350 that sold at auction was definitely what you might call “cherry,” but why did it command a six-figure price? It may have been because that particular model came in a rare Grabber Yellow hue, or perhaps because it was the last one out of the gate. Maybe it’s got a lot to do with the fact that there were only 789 1970 Mustang Shelbys (GT500 and GT350 combined) ever made, and to find one in such good shape is certainly a momentous occasion.
From our food preparations to our mobile devices, everything is automatic and aggressively efficient. But now, we are able to take our ingenuity for autonomous devices and harness that intellect into the automotive industry. We have GPS to tell us where we’re going and how to get there, now we can have someone else drive.
The fuel economy race is on across the automotive industry; partially because of stricter federal emission guidelines and partially because it’s a good way to sell cars. Luckily for the buyer who doesn’t want to spend the money to buy a brand-new car, the mpg race has been going one for few years now, which means there are a ton of fuel-efficient used cars.