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Wednesday
03Feb2010

$2k Cars - Another Cheap Wagon

1993-1996 Toyota Corolla Wagon

by Harvey Xiao

Well, it’s better than the Escort. In every way. But it’s not really worth writing much about.

Nothing about this car is particularly interesting. However, the market for this car is VERY interesting, so let’s talk about it.

I considered buying one of these recently, and studied this market quite a bit. This is a very desirable car that people are NOT willing to really pay a premium for. It’s pretty hilarious, really.

See, if a ‘95 Corolla sedan comes on Craigslist for $3k, it may or may not sell. ‘95 wagon for $3k…gone on the first day-dented, scratched, and all. However, if that ‘95 wagon is listed for $4k, it’ll stay for sale for weeks.  Conclusion: people who buy these are very practical, not big on appearance, boring, patient, and cheap as all hell.

I didn’t buy one.

photo courtesy of wikipedia

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