If you find yourself with a time machine that can only transport you back to the early '90s, make sure you buy a Geo Metro. That may sound like a stupid idea, but fuel-efficient disposable cars from the first George Bush era are making a comeback as gas prices skyrocket, These cars are commanding top prices on the used-car market.
Cars like the Metro, Ford Festiva and Hyundai Excel are suddenly hot commodities, rising 30% in value over the past few months, according to a story in USA Today. Where some of these babies would have fetched barely $1,000 last year, some are now selling for as much as $6,000 because of their fuel economy. A '93 Metro, for example, is EPA-rated at 46 mpg, which is the same as a Prius, which sells for 20 grand.
We took a look at Cars.com's Used Car Index and indeed found an Excel going for just under $3,000, several Metros with asking prices of $5,000, and a 1991 GM jalopy with 180,000 miles on it indeed selling for six grand. We tell you this not to try to sell you these cars, but simply because it surprises the hell out of us, too.
Keep in mind, however, that the reason these cars get such great mileage is because they lack a lot of safety features, allowing them to weigh less (including airbags, which are kind of important). The Excel is notorious for its unassailable record as a lousy car. The bottom line: Is saving a few bucks when you fill up worth driving an unsafe vehicle?
Nerdy, Fuel-Stingy Cars are Hot Wheels (USA Today)
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