From Deseret News archives:
Nerdy economy cars are making comeback
Early-1990s econoboxes such as Ford Festiva, Hyundai Excel and Geo Metro once the punch line of jokes have seen their used car prices climb from giveaway levels as low as $1,100 a few months ago to upward of $6,000 today, Kelley Blue Book says.
"Remember that nerds will rule the world someday," says Phil Skinner, collector-car market editor for KBB, the popular used car price-tracking service.
He says prices have risen up to 30 percent for the low-end 15-year-old jalopies.
With AAA pegging gas prices Wednesday at a record $3.758 a gallon nationwide, some of those old tin cans get gas mileage equal to today's best and pricey hybrids.
A 1993 Geo Metro XFI, a subcompact imported by General Motors, is EPA-rated at a 46 miles per gallon average. That's the same as a 2008 Toyota Prius gas-electric hybrid, which starts at $21,500.
Festiva, Excel and the others get mid-30s mpg or better on the highway. Enviable gas mileage was made possible by smaller engines: The Metro had three cylinders.
The cars were also lighter than today's models, sometimes lacking air bags and other safety features that add weight.
Experts advise taking the safety trade-off into consideration.
"What is your life worth for that extra 10 miles per gallon?" asks Jon Linkov, managing editor for autos for "Consumer Reports."
At the bottom rung of the auto industry, the little cars were usually hawked to college students and seniors.
Hyundai Excel's reliability was so spotty, for instance, that the South Korean automaker though widely lauded by reviewers for quality in recent models is still trying to live down its past reputation.
"They were made as disposable cars," Skinner says. "The vast majority have been sent away to the crusher."
Nick Skouteris, an Atlanta auto restorer, says he has fixed up and sold about 10 Geo Metros but is having trouble finding more at reasonable prices. He says he had his sights set on a Metro convertible on eBay a couple of weeks ago with rust holes and 175,000 miles on the odometer that went for $3,000.
"They are hot cars right now," Skouteris says. "You can't find one cheap enough."
In Los Angeles, John Chris is selling his salvaged 1988 Hyundai Excel with 115,000 miles a great car, he insists, except for that little mishap on the 101 freeway for $750.
"I wouldn't know about the nerdiness," Chris says. "It looks good."
Comments
- Soccer MVPs know how to win 1:56 a.m.
- Alta's Ohai is Ms. Soccer 2009 1:56 a.m.
- High school soccer: Past MVPs 1:37 a.m.
- Senators want food tax restored 1:27 a.m.
- Utah women lag in higher education 1:16 a.m.
- Hatch empathizes with Muslims 1:14 a.m.
- Matheson gets no thanks from GOP 1:13 a.m.
- Mitchell seeks to block witnesses 1:12 a.m.
- Party insiders may take on Bennett 1:11 a.m.
- Input sought on nondiscrimination 1:11 a.m.
- TCU showdown has big implications
- Seniors helped BYU regroup
- Lambert surprisingly tops news
- Hope for single moms
- Bystanders framed for child porn
- Korver and Miles to be evaluated
- Soccer MVPs know how to win
- Utah Jazz Extra: Whose hot/not
- Matheson gets no thanks from GOP
- Newhouse Hotel, an explosive end
- House passes health care bill
228 - TCU showdown has big implications
183 - Lobo suspended
182 - Cougars crush hapless Cowboys
154 - Utah Jazz fall apart against Kings
131 - TCU 4th in AP poll; U. 16th, Y. 22nd
118 - Thousands protest health bill
114 - RSL rallies to advance
103 - No 'backlash' for pioneers, gays analogy
97 - Utes pound winless Lobos
89
Why do so many people live so close to refineries in Utah and elsewhere?
Sounds like a good option if you can't or won't switch to AT&T for the...
I worked with and around Bill Sederburg for 5 years while he was at...
hand. He needs to work on his moves to the basket and rebounding. Lateral...
play Fez or Koufos tonight. He went with a smaller line up and Boozer, Okur...
I've met Bennett before and he is a nice man. He also knows the Constitution...
That's never been a secret. Everyone will pay for it except those that don't...
I agree with NonMormon. I am active LDS, and I enjoy Ash's articles, and I...
I kept saying don't resign Milsap, especially after Portland offered that...
BYU is the slowest team that has ever been in the top 25. Utah will put up a...
i think u have the cowboys ranked too low! at least an A- LOL nice work!


You can be the first to comment on this story.