Collector Car Lending, Insurance, and Storage are More Important Than Ever
As interest in owning classic cars grows and the realization that these investments must be preserved and protected, collector car lending, insurance, and storage are more important than ever. The beginner on a tight budget can overlook financing, insuring, and storing valuable assets. And experienced investors and collectors with plenty of funds might overlook simple…
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The Seminal Aston Martin DB3
The Aston Martin DB3 was a British sports car built in the early 1950s designed specifically for speed on the racetrack. Not only did the engineering team at Aston Martin make a huge impression on the racing world with the DB3 car that could compete with just about anyone, but they also created a foundation…
How Much is Jay Leno’s Car Collection Worth
At last count, Jay owns 286 vehicles in his collection worth over $50 million. Some of the world’s rarest and unique vehicles are included in his “Garage,” which is actually multiple airplane hangers at a nearby airport in Burbank, California. Jay’s Garage became so well-known for his car collection that he decided to start producing…
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Unleashing the Lamborghini Countach in 1974
Riding the success of the Lamborghini Miura of the late 60s, Ferruccio Lamborghini faced a growing concern. The competition was fierce, and it was time to raise the stakes. He knew it was not a time to be timid; a bold new model was essential. Ferruccio unleashed his dream team of designers and engineers to…
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1955 Porsche 550 Spyder, the Iconic Speedster
In 1953, the newly designed Porsche 550 Spyder won the first race it entered. After getting introduced at the 1953 Paris Auto Show, the Porsche 550 Spyder was the first to cross the finish line at the Nurburgring Eifel Race just a few months later. The machine was built with auto racing in mind, and…
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The Magnum PI Ferrari Might be the Most Iconic Ferrari of All Time
The Magnum PI Ferrari is possibly one of the coolest Ferrari models ever made. It’s not the most expensive. It’s not the fastest. But it was driven by one of the coolest characters to ever star in a T.V. series. For nearly eight years, Tom Selleck, as the private investigator Thomas Magnum, sped through Hawaii,…
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Car of the Week – 1963 Lamborghini 350 GTV
An engine designed by Giotto Bizzarini, a body designed by Franco Scaglione, and the entire process of design and development overseen by chief engineer Gianpaolo Dallara. The 1963 Lamborghini 350 GTV was the prototype from a brand that would take supercars to the next level. The 1963 Lamborghini 350 GTV was introduced to the public…
Hagerty Market Rating Continues Cooling
The Hagerty Market Rating has been on a consistent slide for the last few years, and the pandemic hasn’t helped. Initially, the virus shuttered live auctions and sales activity dropped from levels of the previous year. Over the summer, online auctions have slowly began to come back and show some activity. Nonetheless, auction activity has…
A Closer Look At The 1984 Toyota Land Cruiser
When Toyota sold it’s ten-millionth Land Cruiser sometime in late 2019, it cemented its legacy as one of the most popular SUVs of all time. Whether you’re looking for a classic SUV to collect or a dependable daily driver, for almost 70 years, the Land Cruiser has been a steady and reliable performer. Development The…
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Car of the Week – 1972 Ferrari 365 GTC4
Perhaps one of the most underappreciated Ferrari’s of the last 50 years is the 1971 – 1972 Ferrari 365 GTC4. Created by famed Ferrari designer Sergio Pininfarina, it marked a balance between conservative form and stunning performance. Sotheby’s recently sold a 1972 Ferrari 365 GTC4 for nearly $200,000. The auction house described the car by…
The Collecting Cars Podcast on the State of the Market
The Collecting Cars Podcast hosted by Chris Harris with Edward Lovett discusses the current state of the collector car market. After the last few months of Covid-19 related events, the collector car market is expected to take a hit. They begin to explain why the industry may be facing an oncoming “tsunami” with the global…
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Car of The Week – 1987 Aston Martin V8 Vantage
The 1987 Aston Martin V8 Vantage is one of my personal favorites among the 1980’s era of luxury car designs. Production was limited, and the Vantage was never sold in the U.S. because of emissions regulations. It featured 432 horsepower and 200 mph top speed. The Vantage was a true supercar. In 1986, chairman of…
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What’s Great About the Vintage Porsche 911 Carrera
Vintage Porsche values have cooled off over the last year or so. According to Hagerty, a prominent car valuation research firm, values have drifted lower on the high, middle, and low end of the Porsche spectrum. An investment worth watching is the 1976 Porsche Turbo Carrera on Rally Road. If you’re not familiar with Rally…
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Car of the Week – Jaguar Low Drag
Jaguar has designed some of the most iconic vehicles of all time. When the Jaguar E-Type burst onto the scene in the early 1960’s Enzo Ferrari was quoted as saying it was one of the most beautiful cars ever made. Sports Car International magazine awarded the E-Type number one on their list of Top Sports…
10 Most Expensive Cars Ever Sold
Ferrari dominates the list, but Mercedes, Aston Martin, Jaguar, and Alfa Romeo are also included to make up the current list of auto manufactures to produce the 10 most expensive cars ever sold. 1962 Ferrari 250 GTO $70 Million Ferrari produced just 36 250 GTOs between 1962 and 1964. Originally sold for a retail price…
Rally Road Latest Offerings
Fractional investment company Rally Road rolled out a handful of new and exciting offerings recently. An Albert Einstein autographed 1st edition book, a 1988 Lamborghini “Rambo Lambo” and a 1972 Gerald Genta designed Audemars Piguet Royal Oak watch. The company has been stepping up its eclectic variety of offerings lately and has no indications of…
Hagerty Market Rating Gains Slightly
The Hagerty Market Rating gains slightly from the previous month, where the collector car index registered it’s the lowest reading since May of 2012. That’s a nearly seven-year low for the index, which tracks the current status of the collector car market. Hagerty says even though the index is positive for the month, most of…
1962 Ferrari 250 GTO
The 1962 Ferrari 250 GTO is the most expensive car to ever sell at an auction. In August of 2019, the 1962 Ferrari 250 GTO by Scaglietti sold at a Sotheby’s auction in Monterey, California, for over $48 million. GTO’s of this kind are rarely made available publicly. The record-breaking sale was the first time…
Ferrari Dino 246 GTS Found Buried
Would you be surprised if I told you there was a 1974 Ferrari buried in your backyard? I’m guessing you would simply ignore the possibility. There was a day in early 1978 when news broke of a Ferrari Dino 246 GTS found buried in a suburban Los Angeles backyard. The story has been unfolding for…
19 Amazing Treasures Discovered
There are many reasons people search for lost treasure. Some seek fortune and fame; others seek answers to histories unanswered questions. The quest for uncovered treasures continues just as it has for thousands of years. Here are some of my favorite stories behind 19 amazing treasures discovered. The Caesarea Sunken Treasure Divers in the Eastern…
1963 Jaguar E-Type featured on Jay Leno’s Garage
Jay Leno’s Garage is a video series featuring the extensive car collection of Jay Leno. In this episode, Jay talks with Dan Mooney, who restored the 1963 Jaguar E-Type. It’s one of the most amazing designs of all time. In my opinion, the 1963 Jaguar E-Type is genuinely a fantastic collector car. Forward to the…
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Hagerty Collector Car Market Index Drops in October
One of the interesting data points I like to watch in the collector car market is the Hagerty Market Rating. The rating uses a weighted algorithm to calculate the strength of the collector car market in North America. This month saw the market rating lose an entire point to 61.94. This marks the lowest reading…
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Hagerty Collector Car Index Continues Fall in September
The Hagerty Index tracking collector car prices and activity fell in September to the lowest reading since May of 2012. Every component of the rating decreased, and private sales activity fell to the lowest point since June of 2014. For over a year, the number of mainstream high-end collector car owners who think values are…
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Car of the Week – 1984 De Tomaso Pantera
The Pantera was designed by Italian Tom Tjaarda and produced by auto manufacturer De Tomaso from 1971 to 1993. Alejandro de Tomaso founded the car company in Modena in 1959. Initially, the carmaker focused on various types of racing cars, including Formula One. The car logo included a T-shaped symbol that was the brand used…
Car of the Week – 1955 Mercedes 300 SL Gullwing Coupe
The 1955 Mercedes 300 SL Gullwing Coupe was produced from 1954 to 1963 first as a coupe with gullwing doors and then later as a roadster. They introduced the car in 1954 at the International Motor Sports Show in New York City. In 1999 the car was voted “sports car of the century.” The SL…
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Car of the Week – 1962 Chevrolet Corvette Fuelie
This 1962 Chevrolet Corvette is the first generation of the now classic Corvette sports car introduced late in the 1953 model year and produced through 1962.
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Car of the Week – 1962 Jaguar XKE Roadster
The Jaguar E-Type was introduced in 1961 at the Geneva Motor Show and was an instant hit among attendees. It would go on to become one of the most iconic car designs in history, combining sleek lines with powerful performance.
Hagerty Collector Car Index Rises Slightly in August
The collector car price index over at Hagerty had a small increase in August, which was the first rise in the last four months. The median sale price during the month decreased, but what drove the index higher was the increase in the number of cars sold. The Hagerty report for August also indicates owners…
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Hagerty Collector Car Index Drops in June
The Hagerty Market Rating uses an algorithm that is weighted to calculate the strength or weakness in the collector car market in North America. The index fell in June after auction activity saw its biggest drop in nearly two years in May. If you’re interested in collector autos, I will encourage you to visit the…
Car of the Week – 1966 Ferrari 275 GTB/6C Alloy Berlinetta
From the first unveiling in 1964, the Ferrari 275 GTB was an instant classic. This particular model shown in the photos here is one of the most desirable produced. Originally purchased and sent to Florance, then to Naples, Los Angeles, and back to Treviso, Italy, where it remained for over 40 years. The car has…
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Rally Road’s Chris Bruno Interview
Rally Rd.’s Chris Bruno turns collectible cars into stocks, makes high value assets accessible. This is an excellent interview with Chris Bruno discussing Rally Road. The podcast includes a brief history of the company and plans to expand beyond collector cars. Toward the end of the conversation, he mentions ‘Watches, Wine and Whiskey’ as the…
Invest in Collector Cars With Rally Road
‘The investments of the rich, now available to all, on Rally Rd. A platform where blue-chip collector cars are turned into stocks.’ Rally Rd. is one of the freshest ideas I’ve seen in a long time. Not only is it a cool idea, but it’s an entirely built-out working app you can use right now.…
1961 Jagaur E-Type Sells Out in 33 Minutes on Rally Road
If you missed your chance to scoop up a few shares of the latest Rally Rd, offering you’re not alone. Shares flew off the shelves where a 1961 Jaguar sold 3,000 shares to 407 investors for $82 per share. The offering was set for 9 am and was closed by just after 9:30 eastern. The…
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Vintage Porsche Values Continue to Rise
The values on vintage Porsche autos continue to increase in the last few years for a few key reasons. The 911 has been one of the most attractive collector cars for many different classes of car investors and collectors. You can find high-end models for huge price tags but also still reach a modest sum…
1st Ever 1965 Ford Mustang Up for Auction in January
The first 1965 Ford Mustang will come up for auction in January. This past summer, the ten-millionth ford mustang rolled off the assembly line, and now here’s a chance to land the very first pre-production ford mustang from 1965. The car was hand-assembled and has been completely restored to its original condition. The car will…
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Behind the Lamborghini and Ferrari Feud
A skilled mechanic decides to critique the maker of his luxury sports car and ignites a rivalry that would produce some of the most beautiful and high performing automobiles in history. The tale of two Italian super-sports car makers is a testament to the determination of hard-working, dedicated, and proud pioneers. Here’s a look behind…
Hagerty Collector Car Market Rating for October Rises Slightly
The Hagerty Market Rating for October rose modestly from September to remain on a steady uptrend for the year. Factors that influenced the rating this month are the following bullet points from the Hagerty website The Hagerty Market Rating saw its second consecutive increase, rising 0.14 points to 65.41 and continuing the general upward trend seen…
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Jay Leno’s Garage – 1963 Porsche 356 Carrera
This Porsche 356 Carrera featured on an episode of Jay Leno’s Garage is pretty amazing. Jay managed to track down the original owner while purchasing the vehicle and invited him on the show for an interview.
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Buy Shares of Classic Cars With Rally Road
If you’ve ever dreamed of owning a collector car but never had an extra hundred grand lying around, now is your chance. Buy shares of classic cars with Rally Road and start your collection today. Launched in 2017, Rally Road has purchased dozens of premium cars, many of which have already been offered as equity…
Best and Worst Car Investments of 2017
According to the Hagerty Price Guide for used vehicle sales, there were many winners and losers in 2017. Top performers include the 1992 GMC Typhoon with an average price gain of 37%. Other top performers were the Toyota MR2 from 1984 – 1989 with an average gain of 36% and the 1968- 73 Datsun 51,0…