Whether you’re a seasoned car enthusiast or new to the automotive scene, this episode offers something for every listener. Discover the excitement of car shows, and learn about the meticulous process of car appraisals. We also provide practical advice for buying or selling classic cars, emphasizing the importance of knowing your vehicle’s true market value. Don’t miss this comprehensive discussion that highlights the pulse of the car market and uncovers the trends shaping the future of automotive treasures.
SPEAKER 13 :
Being an expert on general automotive knowledge, what would the correct ignition timing be on a 1955 Bel Air Chevrolet with a 327 cubic inch engine and a four-barrel carburetor?
SPEAKER 15 :
It is a trick question. Watch this. A Chevy didn’t make a 327 in 55. The 327 didn’t come out till 62. And it wasn’t offered in the Bel Air with a four-barrel carb till 64. However, in 1964, the correct ignition timing would be four degrees before top dead center.
SPEAKER 09 :
Get ready for another hour of Drive Radio, brought to you by Colorado Select Auto Care Centers. Got a question for the experts? Then give them a call, 303-477-5600. Now it’s time to pop the hood and get our hands dirty. Drive Radio on KLZ 560 The Source.
SPEAKER 11 :
It’s Josh and Justin with Drive Radio and KLZ 560 with Legacy Automotive and Ridgeland Auto Brokers. Before we go to the phones, I wanted to bring up that VFW 9644 is having a car show today. So go out there and see some nice classic cars. Looks like they’re out on Hampton Road, so head on out there.
SPEAKER 20 :
Yeah, that sounds like a fun time.
SPEAKER 11 :
Yeah. And we got Burke Payne with BP Appraisals. Can you hear us?
SPEAKER 08 :
How are we doing today, Josh?
SPEAKER 11 :
Good. How are you doing today?
SPEAKER 08 :
Can you hear me all right? Yeah, we can hear you. I’m doing excellent.
SPEAKER 11 :
Where are you at today?
SPEAKER 08 :
Doing excellent. We’re up here at the Good Guys car show up in Loveland at the event center. I’m overlooking a sea of just absolutely gorgeous cars parked on grass, and there’s something about a car show on the grass that just gets you going for the day.
SPEAKER 11 :
That it does. Yeah, nothing better looking than that. Better than the hot asphalt, that’s for sure.
SPEAKER 20 :
You know, Burke, I almost feel like I could just get you on the phone with Mike, and you guys could just talk about the values of cars and just run with the rest of the show.
SPEAKER 08 :
Absolutely, man. The market’s been crazy the past couple weeks. Hagerty’s auction has just been really killing it out there.
SPEAKER 20 :
The price is going up. The price is going down. What are you seeing?
SPEAKER 08 :
It really depends on the make and model and what’s been done to the car. We’re seeing restomods that are pulling more money across the auction block than even numbers matching cars right now.
SPEAKER 04 :
Oh, wow. No, really? Okay.
SPEAKER 08 :
I think people really want the drivability. I think that’s what you’re seeing. You’re seeing the guys that want cars that they can hop in on Saturday and take the wife out to dinner or go to a car show and not have to set the points in the car and that before they take off. And they want to be able to drive and stop on the highway.
SPEAKER 11 :
Right. And have AC, too, especially if you’re taking the wife out on a hot day.
SPEAKER 20 :
Is there anything that seems to be a good buy right now? Maybe prices a little lower?
SPEAKER 08 :
You know, the thing I tell everybody is buy the best that you can afford. So, you know, buy the best example that you can afford and then do what you need to do to it and get it where you want it. You know, I talk to guys all the time, you know, oh, I bought this car for, you know, 500 bucks and I want to get it, you know, showroom condition. Well, you’re going to spend, you know, $150,000 on it, you know.
SPEAKER 20 :
So buy something that’s more ready to go versus buying something that’s a hunk of junk.
SPEAKER 08 :
Yeah, absolutely. Because you never know what you’re getting into. You buy that hunk of junk and before you know it, you’re underneath it and you notice the frames cracked or something like that. And that’s why it’s important to put those eyes on it, get someone else to look at it, get a pre-purchase inspection done on it. Something like that, just so you know what you’re getting into.
SPEAKER 20 :
Yeah, I think that’s great advice.
SPEAKER 11 :
Yeah, and I bet you see that all day where, you know, people spent $100,000 on a car, but it’s still only going to sell for $50,000.
SPEAKER 08 :
Absolutely. I’ve seen some people put some outrageous amount of money into cars, and you’re just like, why would you do that? But it’s their love, you know, and… You can’t fault them for it. If that’s the car you had in high school and you want it back, I kind of get it. If you’ve got the money, spend it. Enjoy yourself.
SPEAKER 11 :
Right, but there’s a chance for the buyer there to spend $50,000 on a car that would have cost them $100,000 to get in that kind of shape. And it’s probably ready to drive and go out and have fun with instead of just sitting in your garage all that time.
SPEAKER 08 :
Absolutely. Absolutely. And that’s it. You have to look at how much time and effort do you want to put into it? What kind of bandwidth do you have to work on a car? Or do you want something that you can just hop in and go?
SPEAKER 11 :
Yeah, and I think that’s the kind of guys out there. Some guys, it’s just the love of working on the car itself, and some of it, it’s the guys just want to go out and have fun with the car. Yeah, I just want to drive the car. You don’t want to spend every weekend out there working on that thing.
SPEAKER 20 :
Well, Burke, you’re down at one of the biggest car shows out there. Is there something out there that puts a twinkle in your eye?
SPEAKER 08 :
You know, I… Funny enough, I saw an 86 Datsun pickup here that just blew me away, the work this guy had done to it. That’s cool. Just absolutely, I mean, he spent a fortune on it, but every nut and bolt was taken off, re-zinked. I talked to him for probably 20, 25 minutes about it. It’s a unique, you know, you don’t see those at car shows, and that’s always kind of been my drag, is I enjoy the Orphan Hot Rod, you know, and it’s probably from my dad, you know, because he’s got that 64 Barracuda, which was, you know, brought out. They came out right before the Mustang did, and the Mustang blew them away, and the Barracudas are kind of an orphan when it comes to the Hot Rod community. So I kind of always kind of cherish those rarer, you know, orphan hot rod. I love that.
SPEAKER 11 :
And kind of run us through the process. I mean, how do you evaluate making an appraisal on a car like that? You know, the Datsun.
SPEAKER 08 :
Well, with that one, yeah, I’m talking to him about that. And, you know, we’re probably going to hook up and do it. But we’re going to have to do a build appraisal is the way it’s going to have to be done. And that’s basically where we start off with the bare bones Datsun and work our way, basically itemize every, Everything he’s done to it. And then he’ll take that to his insurance company. Of course, the insurance company makes their own decisions on exactly what they want to do, you know, what they’ll insure it for. But at least he knows where it’s at and the insurance company knows where it’s at. We just did a 33 Ford Roadster pickup that there wasn’t a piece of metal on this vehicle that wasn’t hand massaged properly. They 3D-printed and hand-casted parts that they needed for it, and that’s an absolutely gorgeous vehicle. You know, that one, we’re still working on the appraisal on that one. That one’s going to take us a little bit of time to get that one worked out, but just absolutely gorgeous.
SPEAKER 11 :
Nice. And do you find that, I mean, you brought up the insurance companies. Do they come pretty close to your appraisal? Will they insure it for that value with certain insurance companies, or is it still a fight?
SPEAKER 08 :
Normally… No, normally once they see my appraisal, you know, our appraisals are 60 to 80 pages long with just an immense amount of documentation. And 99% of the time they write that number right away. And so we’ve really been blessed that way. And working with some of the higher end vehicles and that is really, you know, They see my appraisal come across the desk, and they’re like, okay, this guy knows what he’s doing.
SPEAKER 1 :
Right.
SPEAKER 08 :
You know, we have the same thing with our total losses. You know, the people that lose, you know, wreck their car, and the insurance company offers them, you know, next, or not next to nothing, but quite a bit less than what they’re for. I’ll send over my appraisal to the insurance company, and they’ll just go ahead and agree and write the check at that point, because I just way over-documented that.
SPEAKER 20 :
So if Josh and I or one of our listeners want to get a hold of you, do we email? Do we call? What’s the best way to set up a time to talk to you about one of our cars?
SPEAKER 08 :
The best way to get a hold of me is just give me a phone call at 720-295-0108. That’s my cell phone. It’s on me practically 24 hours a day. And, yeah, give me a call. We’ll talk it over, you know, whether it’s a classic that you’re bringing out here to the Good Guys show. And, by the way, there’s still plenty of time we’ve got tomorrow, too. Or, you know, you’ve been in an accident and you don’t feel the insurance company is offering you a good value on your vehicle.
SPEAKER 20 :
Is that something you can help with more late model stuff if you feel like your insurance company is not giving you the value of your 2018 Camry? Is that something that you can help get that number up for someone?
SPEAKER 08 :
Oh, absolutely. We’ve had some really great success lately. We just did a 2023 Nissan, I can’t remember the name of it, electric vehicle. You know, the insurance company offered him $20,000 for it. We got him $26,000. That’s right. So, you know, six grand more. You know, it’s a phone call to me. I’ll look. You send me the information from the insurance company. I’ll look at those numbers. I’ll call you back and say, hey, you know, that’s a fair offer. Go ahead and take it. Or, hey, I think we can get you more. And kind of give you the how to go about invoking your appraisal clause and taking care of those steps. And then I take over the fight for you so you don’t have to worry about it anymore.
SPEAKER 20 :
So I’m just guessing. I’m assuming the insurance company is usually on the low side.
SPEAKER 08 :
Yeah. Yeah, they are. So most insurance companies use what’s called the CCC-1 evaluation, and it’s notoriously low. I mean, as soon as I see that, I’m figuring $5,000 to $6,000 below the actual market out there. And that’s what they have to pay you back at. They have to pay you back at what the market is demanding. So, you know, that’s just, and they use, you’d be surprised some of the stuff they try to pass off as marketplace examples. They’ll use, you know, vehicles with title problems. You’ll have a one-owner vehicle that got wrecked, and they’ll use a rental car as a marketplace example. I don’t know about you, but I don’t want to buy a rental car. Absolutely not. If I can buy one owner, then that’s the way I’m going to go.
SPEAKER 11 :
We’ve got to go on break for a little bit, and we’ll come back to you as soon as we get off break.
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SPEAKER 11 :
And we’re back on KLZ 650. It’s Burke Payne and Josh and Justin from Ridgeland Umbra Rookers. Burke, are you still there? I still am. So I got a question me and Justin were talking about when we were off the air. It seems like, well, we have a bunch of loaner cars, and I lose a few each year because people get in wrecks, as we all know. And I haven’t had to fight the insurance companies too much on those cars, but they’re all that $5,000 to $7,000 range.
SPEAKER 20 :
I get a quick check on those ones.
SPEAKER 11 :
Yeah, you do. But it seems like the cars over $10,000, $15,000 in the $20,000 range, it seems like… they’re a little bit harder to have the insurance company just write you a check that she feels the right value for that. Are you seeing that? Is that true?
SPEAKER 08 :
Or just kind of, you know, I’ve seen it, I’ve seen it both ways. You know, I’ve seen, you know, I had a client call us up last week and the insurance company lost his BMW and they actually, they weren’t far off. They were, they were like six, $700 lower than the market and, And I told him, I said, hey, listen, you know, it’s not worth your investment to invest, you know, to pay me to do this appraisal. Just tell the insurance company you’re not settling for a dollar under this amount. And he called me back and said, thanks. You know, they wrote me the check for the extra 500 bucks, you know. So, but yeah, I mean, we’ve done, we did a 2013 VW Passat the other day. Insurance company offered her seven and we got her 12th. Not a bad turnaround for 15 days that she spent with me. And the $750 she spent cash-wise. But in 15 days, we got her that extra money. And she’s super happy. She was a return client. I got her son’s truck. He had a 7.3 liter diesel. And the insurance company tried to really take advantage of him. And we got him quite a bit more for that. Yeah.
SPEAKER 20 :
Yeah, that’s definitely worth the investment. For $750?
SPEAKER 11 :
Yeah, that’s more than worth it. Definitely more than worth it. Just to make a phone call?
SPEAKER 08 :
Yeah, I tell everybody, you know, if you would give me $2,000 a week, if I gave you $750 a week, I’d do it every day, all day long. Right. You know? Exactly.
SPEAKER 20 :
Yeah, that’s easy. Remind everyone your phone number again. 720-
SPEAKER 08 :
295-0108, and it’s first thing with BP Appraisal. Once again, if you’re out and about, come up to the Good Guys Show. They do have a swap meet. I forgot to mention that. I was out there earlier yesterday actually looking for those one-op parts I can’t ever find, but they’ve got lots of them out there. So come on up and enjoy the beautiful weather and the music and the cars and the swap meet and the autocross.
SPEAKER 20 :
So it sounds like you’re having a fun time down there. We’re having a fun time too, though.
SPEAKER 08 :
Oh, I, I am definitely having, this is one of the funner shows that I, I really enjoy the show mainly because it’s on the grass. I just love a show on the grass.
SPEAKER 11 :
That’s great. Makes it a lot nicer. Do you have a booth set up up there too?
SPEAKER 08 :
Yeah, we do. We’re, we’re in the indoor vendor booth, um, section. Um, and yeah, if you come by, stop by, see, you heard us on drive radio and, uh, have a little chat. We’ll talk about the market and all that. And you get some information.
SPEAKER 11 :
Sounds good. And what, uh, so what do you think are, where do you think cars are going? Cause we were talking earlier with Mike and he was wondering, where do you think the next classic is?
SPEAKER 08 :
Uh, you know, the, I, I really liked the, uh, I just lost the name of it. The two-door Cadillac that they stopped in, what, 88? The Avantes.
SPEAKER 11 :
The Avantes, yeah.
SPEAKER 08 :
I like those. Yeah, I like those cars. I like the looks of them. I think that that’s kind of like the sleeper out there right now. I haven’t seen many of them at the car shows yet, but I think that that might be something to look at. These Porsches have just gone wild. crazy. 911s and that lately in the market, you’re seeing even newer models fetching more than almost double what they came off the showroom at.
SPEAKER 11 :
Yeah, it seems like Porsches are going to the roof right now.
SPEAKER 08 :
Yeah, and trucks are always hot. I mean, I’m looking out here and probably 40% of the vehicles out here are trucks. And they’re growing a commodity. Everybody wants a truck right now. I’ve seen fewer T-Buckets, a lot of Roadsters, a lot of El Caminos out here today.
SPEAKER 11 :
And I’m sure the square bodies or Chevys are going to the roof, at least the ones I’ve seen. Yeah, I never thought that truck would ever be worth that much again.
SPEAKER 08 :
No, I don’t think any of us did, you know. And, yeah, the square bodies are just, you know, I think a lot of it had to do with Texas shows and the Texas truck shows and that that have just really pushed those prices up. And, you know, some of the popular culture, you know, I mean, it seems like that drives the car market a lot is what’s going on in the movie industry, the culture, you know. look at the Ford Broncos a couple of years ago when they skyrocketed, you know, cause they were featured in the movie and you know, it’s just one of those things that it depends on what, what car gets put in what movie next, you know?
SPEAKER 11 :
It’s always the hottest car out there.
SPEAKER 20 :
Well, Hey, we can let you get back to the show. We appreciate your time. Appreciate you calling in and talking about car values with us.
SPEAKER 08 :
Absolutely. Anytime guys and enjoy yourself today. And it, For the people out there, if you’ve got a chance to get out, come on up to this show. It’s absolutely amazing. Hundreds and hundreds of cars, music, food, all kinds of good stuff.
SPEAKER 11 :
And give us your phone number one more time.
SPEAKER 08 :
One more time for BP Appraisals, 720-295-0108. That’s going to get a hold of me. I’m the owner. I’m the one that’s going to do all the work. And we’ll get you taken care of. I appreciate you guys.
SPEAKER 11 :
Thank you very much.
SPEAKER 20 :
Thanks, Burke. Have a great day.
SPEAKER 08 :
You too, guys. Talk to you soon.
SPEAKER 11 :
And remember, you can always go to the Drive Radio website for any of our sponsors around there. So if you get home and you can’t remember his phone number, it’s right there on the site.
SPEAKER 20 :
That’s great.
SPEAKER 11 :
So we’ve got a few minutes. Let’s go to Bob in Thornton.
SPEAKER 05 :
Hi, guys. How are you doing? Thanks for holding, Bob. I can’t even remember. I listened to this last guy so long, I lost my track. Oh, I know what I was going to talk about that day. Somebody was talking about three quarts of transmission fluid. I don’t know what the heck he’s driving. I just did it on my six-year-old Cadillac, and it took eight quarts of transmission fluid. And then people forget on an all-wheel drive car, you’ve got a front axle, a rear axle, and a mid-trans axle, and all of those take about either about .75, roughly .8 quarts. of limited slip 75 90 gear oil and they forget that that’s important too they do or they always forget to put the limited slip additive in there yeah they a lot of them come with it already but if they don’t you can get a slip limited slip uh additive to put in there uh actually valvoline makes one that’s already in there and it’s a lot less than the gm product um Okay. Oh, let’s talk about, oh, I think Mike also was talking about what are newer classic cars. And I’ll tell you the one that is, and it’s fairly affordable. You can buy one for less than $150,000. If you get the top-of-the-line 1,000 horsepower, maybe it’s $180,000. But it’s not like in the millions, and it’s a Cadillac CT5-V Blackwing. Oh, nice. Very, very limited production, especially in the 1,000-horsepower model. That’s going to be a collectible. I can tell you it will never be a collectible.
SPEAKER 04 :
What’s that?
SPEAKER 05 :
Any EV.
SPEAKER 04 :
Yeah.
SPEAKER 05 :
Never. Never. So anyway, on the auctions and stuff, my first car 60 years ago, 1965, so you can tell how old I am, was a 57 Chevy that I paid a two-door hardtop. I paid $200 for it. So I saw one come up on Mecham at St. Louis about four months ago, and I registered to bid on it. And they estimated that it would… They estimated it to be about $45,000, $46,000. Wow. Bidding on it. When it got to $50,000, I thought, I’ll give it a couple more dollars. And then after a while, I went, uh-uh. And it went for $59,000. Now, this car, whoever built it, probably put $100,000 in it. I mean, it didn’t even have its original chassis and frame. That was started. And then all the suspension, they had an LS3 with a six-speed automatic, all new interior. The paint and the bodywork had to be $25,000 right there. And people don’t realize they’ll buy one of those at an auction. Then you pay 10% buyer’s premium on top of that. And then I looked into it, and to get it shipped from St. Louis back to Denver is $2,500. Then you get it here. Then you pay ownership tax and sales tax on it. All of a sudden, you’ve got $80,000 in this thing.
SPEAKER 20 :
Yeah, we talk about it all the time. The auction never loses.
SPEAKER 11 :
No, they don’t.
SPEAKER 20 :
They get the buy fee. They get the sell fee. They just have to exist and have the business. They don’t lose.
SPEAKER 05 :
And the other one is, you know, at my age and – I grew up through the 60s and stuff. Now everybody, I watch these auctions and these guys that are my age, maybe a little bit older, you know, they probably put on 100 pounds in their lifetime. And they’ll bid on Camaros, Mustangs, Corvettes. And I think, you can’t even get in and out of them if you’re that age.
SPEAKER 11 :
No, you’ve got to crawl into them.
SPEAKER 05 :
Even this 57 Chevy that I was looking at, it was… It was virtually a brand-new car with a 57 Chevy body on it. They replaced everything, but it was at least comfortable enough. Now, my old 57 Chevy, if I could wave a magic wand and get that back, I would never want to drive it. It’s a lot of work to drive it. But look at those Cadillacs. I think maybe last year was the last year they made them. They’re showing up on the used market, not very many. It’s called a CT5-V Blackwing.
SPEAKER 04 :
Perfect.
SPEAKER 05 :
But, again, no EV will ever be a collectible.
SPEAKER 20 :
No. We agree with you. Yeah, we do. Even those older CT, CTVs, they were all good cars.
SPEAKER 11 :
They were. They were fast.
SPEAKER 20 :
Fast cars.
SPEAKER 11 :
Well, we need to go on break, and we’ll be right back.
SPEAKER 17 :
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SPEAKER 11 :
And we’re back. It’s Justin and Josh with Legacy Automotive and Ridgeline Auto Brokers. And we’re going to go straight to Charles. He’s been on the hold for forever. Sorry about that, Charles.
SPEAKER 06 :
Good morning. Good morning. I was just watching the YouTube channel, and I wanted to ask a question. I think it’s too good to be true, but on this Tesla, like Model 2, they say, It’s around $10,000. Is that true? Does anybody know?
SPEAKER 20 :
What is a Model 3? They are heavier. I mean, the battery packs are extremely heavy.
SPEAKER 06 :
I don’t know if it’s a Model 2 or a Model 3. They were saying it’s $10,000. That’s kind of low.
SPEAKER 11 :
They’re kind of getting into that range, I think, on the 3s, but that’s the problem with the EVs. I mean, we see this every day. We just saw it this week. They’re so volatile right now, pricing-wise, that it’s hard to know where they’re at all the time.
SPEAKER 06 :
Yeah. Okay, so… It’s possible then, right?
SPEAKER 11 :
It is possible. I have a friend who got a pretty good deal on one. Not quite that. I think he paid about $15,000 for it. But it was the dual motor. And, you know, like the $10,000 is like the single motor and kind of the bare bones version. But, you know, they’ve gotten cheap enough now that that $10,000 to $15,000 range you can get into. And when, you know, two years ago they were new, they were around the $50,000 mark on the 3s. Yeah. They’ve just been up and down on EVs a lot recently. And I think it’s, you know, now, I mean, we can go into this, too, but now is kind of the time to probably get an EV before the end of the month.
SPEAKER 06 :
Yeah. Yeah.
SPEAKER 11 :
Yeah, you could get two.
SPEAKER 20 :
What you’ve got to watch for on that, on those, Charles, is the Model 3, that’s their base model. But if you’re starting to get into an old one, a battery pack could cost as much or more than the cost of that car. So just a used, let’s talk about a used battery pack, for instance. You don’t know what you’re getting. A used battery pack on that car is probably about $5,000. and you don’t know how long that one’s going to go. If you want to get a brand-new battery pack from Tesla, I mean, you could be in that $10,000 to $20,000 range to replace that high-voltage battery in that car. That’s why the price of those cars has dropped so significantly is the risk of having to replace that or other components. I mean, they do have drive motors that go out.
SPEAKER 11 :
Subframe issues.
SPEAKER 20 :
Subframe issues. It sounds like they’re eating control arms.
SPEAKER 11 :
They do on the 3s, yeah.
SPEAKER 20 :
So there’s a lot of risk involved with those cars right now, and I think that’s why they’re so cheap.
SPEAKER 06 :
And they’re so heavy with the batteries.
SPEAKER 20 :
Tires, we’re all fast.
SPEAKER 11 :
Oh, yeah. You’ll be putting tires on it all the time.
SPEAKER 20 :
And you’re talking about weight. It looks like a Model 3 isn’t too heavy. I mean, you’re 3,500, 4,000 pounds, depending on whether it’s got the base battery or whether it’s got the upgraded battery. But the big thing on those is they’ve got so much torque, it’s hard to keep your foot out of them, and they will eat tires and eat control arms.
SPEAKER 06 :
Okay. I appreciate everything. Thanks. Yeah, thanks for the call. Bye.
SPEAKER 11 :
Bye. And let’s go to Jerry and Greeley.
SPEAKER 12 :
Morning, gentlemen.
SPEAKER 11 :
Morning.
SPEAKER 12 :
Morning, Jerry. I’ve got a 2017 F-150 with a 10-speed transmission, and I recently replaced the transmission fluid filter. And I was very meticulous about draining the fluid and… measuring what I caught. I sucked out the pan so I wouldn’t dump a big mess as I dropped the pan. And then I let it actually drain for about 24 hours. I got like an extra quart and a half out just letting it sit and drip for that long, you know, with the pan off. Anyway, I got about nine quarts out of it. And that’s how much I put back in. And then To check the level while it was running, according to the instructions, they want, Ford says, to get the tranny fluid up to at least 206 degrees, which I couldn’t do. I tried power breaking it a little. I tried revving it up. I really didn’t want to block off the airflow to the radiator. So I could only get it up to 195 degrees. So the fluid wasn’t expanded fully. But anyway, I got it where I think it should be good. And I don’t know. Is there a trick to force it up to the actual hot range that they want?
SPEAKER 11 :
A lot of times, yeah, we have to power break them out there to get them up to that temp.
SPEAKER 20 :
What temperature does that thermostat open to?
SPEAKER 11 :
It’s open by then, but we bypass the thermostat when we do a flush. Okay.
SPEAKER 20 :
You bypass it to get that temperature, or else there’s no way you’re ever getting up there, especially in a parking lot.
SPEAKER 11 :
No. I remember one of the first ones we did was a GreenRide bus, the big bus, and it still took forever to get that thing up to the right temp. And I have to usually power break it a lot longer than I want to in order to get some friction in that transmission. Yeah. And I take it on a long test drive, too. You know, we usually know that we have enough in there. But, yeah, it’s hard to get them up to that temp to actually do the measurement correctly on them.
SPEAKER 12 :
Okay. Well, then, I just was curious because my little mini dipstick, it’s got some markings well above what they say is full. And I was wondering what the purpose of that is. It’s got to be some sort of diagnostic aid. But, I mean, if you’re full… you’re full, do you know what those extra markings up higher on the stick are for?
SPEAKER 11 :
I haven’t, unless it’s the lines, the one we have just has pretty much a full line, because I have one that’s a special one that screws in, and mine doesn’t have the extra, it just has the full and the below full line on it. So I don’t know why they have those, unless it’s to check if it’s over full, but you’re going to know once you’re past the other line, so…
SPEAKER 01 :
Right.
SPEAKER 11 :
Or yours might, somehow maybe somebody has, you know, cold lines. So when it’s not running, you know, you can check it.
SPEAKER 12 :
Yeah, no, I mean, on mine, if it’s not running, it’s going to come out when I remove the dipstick. You know, it’s got to be sucking some up in there. Right. Well, okay. Well, the other thing I was curious about is when I was younger, I used to do a lot of four-wheeling out in southeast Utah, and we’d go out on some trails where we’d be driving severely off-camber roads for many miles and steep grades. So, I mean, the fluid in the pan was nowhere near level, but You know, there were never any problems. So my assumption is that on most transmissions, that that’s not an issue at all, that it’s designed so that when the pan is full, you’ve got fluid in the sump being pumped up into the valve body and through the torque converter and everything. So I guess my question is… Why is there so much emphasis on getting exactly the right fluid level in the pan when the vehicle’s leveled?
SPEAKER 11 :
Yeah, I think they just want to always know how much they have in it to help with cooling and some of the sloshing around on it because it doesn’t always flow back, it seems like, as much. But most manufacturers, they do. The pickup for the transmission is pretty much resting on the pan, it seems like, because we’ve seen, especially with vehicles being four-wheel driven, a little dent in the pan all of a sudden starts starving the transmission for fluid. So I guess they just also want, you know, a lot of volume because sometimes, you know, it depends on the gears too, how much fluid needs to be actually up in the transmission being used. You know, you always have the same amount in the torque converter, but during different gears you have maybe two solenoids on instead of one or two bands being applied instead of one. So, you know, it’s not always the same amount of fluid being used by the transmission at the same time.
SPEAKER 12 :
On… On the older automatic transmissions, my understanding was that if you overfill them, they’d just blow it out the vent. There’s no real harm. Is that still pretty much the same deal? That’s still the same deal, yeah.
SPEAKER 11 :
Okay. You can pretty much overfill them all. The problem is if you really overfilled it, like somebody lost their mind on overfilling it… you took the air void out and, you know, the vent at the top was kind of plugged, then, you know, you can have issues because there’s no circulation, because there’s no air actually in there, you know. But most of the time, it just blows it all out the vent at the top and makes a mess.
SPEAKER 12 :
Okay. All right. Well, that’s all I wanted to bother you with, gentlemen. I appreciate the information.
SPEAKER 11 :
Well, thank you.
SPEAKER 12 :
Thanks, Sherry. Thanks. Thanks.
SPEAKER 11 :
Yeah, but flushes, I believe, is the way to do it on coolant and the transmission, too.
SPEAKER 20 :
You know, I’ve never heard of a starvation issue on a transmission. I’m assuming that the pan is all the way full at least, right? And that you got your, you know, your pickup is down in that. I mean, we used to hear about that like with oil, you know, like in a race car where you’ve got enough G-force that the oil pushes all the way to one side of the pan or the lower block. And then it’s not pulling up. But I don’t think I’ve ever heard of that in a transmission before.
SPEAKER 11 :
We haven’t seen it that often. I mean, there was always rumors with, you know, when they went to transverse transmissions, you know, a lot of old-time mechanics used to overfill the Fords and stuff like that because that was one of their theories is that, you know, under hard acceleration, it would start to starve it. I’ve never proven it or seen it proven, but, you know, that’s one of them. But usually with transmissions, it’s always been a dent in the pan or the filter was plugged up. It was the only time we find starvation in it.
SPEAKER 20 :
Then you’re losing flow.
SPEAKER 11 :
Yeah, you’re losing flow because you literally can’t pull it. And with that, let’s go on a break.
SPEAKER 10 :
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SPEAKER 11 :
And we’re back. It’s Josh and Justin with Ridgeline Auto Brokers and Legacy Automotive. So we’ve been talking off air quite a bit today about at the end of the month, the EV tax credit is gone.
SPEAKER 20 :
the ev tax credit’s going away and before we bring this up i want to just to give out our phone number because i think we’re going to get people a little riled up okay yeah so if you want to call in we’d love to hear your opinion about the evs the call number is 303-477-5600 if you feel more comfortable sending us a text please send us a text we’d love to you know read it on the air and and go over it, 307-200-8222, if you’d like to text in. Okay, EV tax credit is going away at the end of this month. Whether you love it or hate it, if you’re looking in that EV market, you better jump on it real quick, because there’s a lot of savings that are going away. So you can get a massive amount of money off of a new EV, Um, the used EVs have good tax credits. So on a new one, you can get up to $7,500 off. A lot of these are taken right at the dealership. So you get it right off the bat. You don’t have to file your taxes. If the dealership signed up, they can take it right off on a used one. You’ve got up to 4,000. The state’s given some money back on that too. If you’re trading in an older car that the state’s trying to get off of the road, they’re giving you a good credit there too. Um, And there are some limitations there, too. There’s some income limitations that you’ve got to look at. There’s pricing limitations that you’ve got to look at. But what’s your opinion? I mean, if you want an EV, do you think these credits are going to come back at some point? Do you think now’s the time to jump? I mean, this has kind of been a weird thing for a number of years.
SPEAKER 11 :
I don’t think they’re coming back unless there’s a change in who’s in the White House and Congress. Yeah, an administration change. An administration change.
SPEAKER 20 :
That’s the only way that’s going to probably do something. Yeah. But what we’re seeing is it’s changing prices already. So on these EV vehicles, plug-in hybrid vehicles, if they’re in that $20,000, $30,000, $40,000 range, those are tanking. Mm-hmm. I mean, those are coming down real quick. Now, on the other side, because these credits are starting to go away, the cheaper end of that, whether you’re looking at plug-in Prius, some of the early model Leafs, and these cars didn’t have the greatest range, but they still work great for getting around town. I was able to buy three leafs prior to us fixing them, but I was able to buy three leafs for $2,700 from the auction. This was 45 days ago.
SPEAKER 11 :
What was yesterday like?
SPEAKER 20 :
We fixed them. We sold them. We actually made decent money on those cars. Yeah, I undersold those cars. I’m kicking myself now because I went to go replace those Leafs, and let’s not even talk about a plug-in hybrid Prius because I can’t even touch one of those cars. They’re so expensive. But those Priuses or the Leafs now are $4,000, $5,000, $6,000 at the auction, and I sold these things to customers for $2,000, $3,000, $4,000. Yeah. So the market on these things is getting crazy. So I am curious of what our listeners think about them, whether you’re into the EVs, whether you’re not. I think if you’ve never driven one before, don’t knock it till you try it. There’s a lot of good to these vehicles. They’re wicked fast. Maintenance is low on them. They come with all the bells and whistles right off the bat.
SPEAKER 11 :
And as a commuter car, I mean, if you can afford to have more than one car, it is the perfect commuter car to go back and forth to work on a boring road in rush hour traffic. It’s perfect because you can plug it in maybe at work and plug it in at home, and you go back and forth. You don’t have to go to the gas station or any of that. It just makes it so much easier. I mean, you and me, we both tend to grab the EVs when we want to go home.
SPEAKER 20 :
Yeah, it’s nice. I mean, we both live about 20, 25 miles from work. It’s nice to be able to jump in that car, take it home. A lot of times, it’s not even far enough that we even need to plug them in at the house. I think the thing that irks me about the whole EV situation is we took a whole bunch of tax money.
SPEAKER 11 :
Right.
SPEAKER 20 :
You know, we took in taxes, and we gave this to people that already had money so that they could buy… A very expensive car with all the bells and whistles on it. These are the only people that could afford to put a charger at their house. For anyone that’s middle income, lower to middle income, they tried to get all these people to be able to buy those cars, but where do you charge it?
SPEAKER 11 :
Yeah, if you live in an apartment or you have parking on the street, you don’t have a garage, where do you charge this car?
SPEAKER 20 :
You can’t afford to hire an electrician to come out and give you a level 2 charger.
SPEAKER 11 :
And it’s expensive to have your house wired for a level 2 charger.
SPEAKER 20 :
And how long does it take to charge a car on a 110? Yeah.
SPEAKER 11 :
Well, even, you know, the little Leafs, that is, I can’t get it done at home. So if I run the car down and I’m home maybe 12 hours, it’s not full. It’s 15 hours.
SPEAKER 20 :
12 hours on a 110. On a 110. And that car is still not charged.
SPEAKER 11 :
Still not charged. It takes 15 full hours. So, you know, if I would have driven one home, then it would have been like that.
SPEAKER 20 :
So let’s give everybody the tax money.
SPEAKER 11 :
Right.
SPEAKER 20 :
That has money.
SPEAKER 11 :
Let’s go to Gary. Good morning, Gary.
SPEAKER 07 :
Good morning. You almost just answered my question. You know, I drive a regular gas car, and I would not consider an all-electric vehicle until the amount of time it takes to fill up an electric vehicle is the same as the amount of time it takes to fill up a gas vehicle. I mean, that’s just the plain truth. I mean, I just can’t imagine people If you don’t have one at home, I mean, you’re sitting at a gas station for like an hour. I mean, that’s kind of ridiculous.
SPEAKER 11 :
Yeah, and they’re almost impossible to road trip with. If you’re going to go on a long road trip with an EV, you’ve got to schedule it and plan on it taking forever. So, I mean, a little example, a few years ago I went up to Leadville. I had a plug-in hybrid that I drove up there. And on the main strip of Leadville, there’s only a few chargers. Well, all the Tesla people and the Mach-E people were fighting for that charger. because they all want to go to lunch or you know go shopping and let the thing charge but there’s not enough infrastructure to do it luckily i had a plug-in hybrid and i just went to the gas station instead of fighting for that ev but that’s the thing it’s you know you got to really plan where you’re going to charge and a lot of times where you want to charge the charger’s not working or there’s an issue with it so yeah and i was reading an article in the new york times yesterday and
SPEAKER 07 :
It was talking about how all the car companies are cranking out EVs because, you know, the credits are going to expire and they plan on, you know, pretty much shutting down production of EVs once those credits expire because it just won’t be the demand.
SPEAKER 11 :
Yeah, I could see that. Because, I mean, look at the price. If you want to lease an EV, you can almost get it for next to nothing a month. What was that when you were looking at that LEAF?
SPEAKER 20 :
Oh, yeah, you could lease a LEAF for $99 a month. So Volkswagen, Volkswagen’s got a lot of them out there right now that are cheap leases.
SPEAKER 11 :
But once the credits are gone, they’re going to go through the roof.
SPEAKER 07 :
Yeah, I’ve heard if you lease an EV, the leasing company… can transfer the credits to you?
SPEAKER 20 :
On a lease, they usually keep the credit so that they can keep the payment down. Whereas if you were to purchase an EV, they take it off of the cost of the car to bring the overall cost down, typically.
SPEAKER 07 :
Oh, okay.
SPEAKER 20 :
All right, I’ll let you go. It’s the top of the hour. Thanks.
SPEAKER 07 :
No, thank you.
SPEAKER 20 :
Awesome. Thanks, Gary. Oh, yeah, the EV thing. This is going to be a nightmare. It is. Come October 1st. I’m curious to see what our conversation is going to be like next time we’re on the air talking about EVs. I don’t know how these dealers are going to be able to sell them.
SPEAKER 11 :
I don’t either.
SPEAKER 20 :
If they can’t lease them cheap, they can’t sell them cheap, who’s going to pay $40,000, $50,000, $60,000 for a car that… like you said, you can’t road trip with.
SPEAKER 11 :
Right.
SPEAKER 20 :
It’s a commuter car. It is. That’s what it is. We were talking off the air about the Leaf. What is the Leaf? The Leaf is a modern-day Corolla or Civic.
SPEAKER 11 :
The Yaris even below the Corolla.
SPEAKER 20 :
It’s a cheap commuter car at the end of the day, and if that’s what you’re buying it for, it’s great for that. But for any other purpose, they’re just not there. And the infrastructure thing, that’s a problem too. I took one to the airport. I ended up with a headwind all the way out there, ended up with a headwind all the way back, and colder temperatures. It brought that battery down. I did everything I could going from DIA to my house in Frederick to try to find a charger, and either the charger that was listed to be there wasn’t there, or if I found one, it was full. I couldn’t get a charger.
SPEAKER 11 :
Right, and that’s the problem with them. It’s hard to derange anxiety you have all the time. So with that, we’re going to go on a little break, and we’ll come back.
SPEAKER 19 :
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