Welcome to Must Read, where we single out the best stories from around the automotive universe and beyond. Today we've got reports from Wired: Autopia, Yahoo! Autos and Autoblog.
Hopefully, we can give this project a little juice.
This year, the team put an electric drivetrain in a 1967 Karmann Ghia. Next week, they’re driving it from Kansas City to Washington, D.C. for a chance to meet elected officials and raise awareness about education. To make sure their voices are heard, they’ve attached an Arduino to the electric drivetrain and programmed it to let the car move forward only when there’s social media buzz about the project. Minddrive calls it “social fuel,” and it provides an important lesson for students: If you want people to care about what you’re doing, you have to make sure they know about it.
A great get from our dear friend Justin Hyde about a high-end pawn shop that gives short-term loans backed by the types of high quality assets that rich people tend to acquire (Porsches) to cover the sudden needs that rich people have (not paying taxes).
The average Borro customer takes a six-month loan averaging about $17,000 — compared to the $150 average of an everyday pawnbroker — although repeat clients tend to borrow even more. And Aitken has to use his costs to pay for appraising, storing and caring for the valuables his clients hand over, from cars to paintings to a few well-known Hollywood award statues and even Olympic gold medals. Most of the 150 or so vehicles Borro stores at any given time run to the upscale modern exotic — "quite a lot of Ferraris," along with Bentleys and Porsches — but Aitken says the company often lends against rare classic cars if it feels certain about a vehicle's true value, like the Formula 1 car it once took in Britain.
Project Ugly Horse: Part VIII – Autoblog
Zach Bowman's "Project Ugly Horse" may be my favorite ongoing AutoBlog feature ever, due in no small part to it also being a very Jalopnik pursuit. Of course, I've decided to keep the 2.3 in my '80s era turbo Ford BECAUSE I'M TOUGH LIKE THAT. And also much slower and less mechanically inclined.