A Soft Market and Hard Tax Choices


By now, everyone knows the collector car market has softened. The harder question is what will happen next.

If you liken the collector car market to the stock market, you should be bullish. Every time the stock market has lost substantial value, as it recently did after the Brexit vote, it has quietly bounced back to regain the lost value — and then some. To you, today’s collector car market is a buying opportunity.

If you see the collector car Read More

John Draneas

SCM Columnist

John practices law in the Portland, OR, suburb of Lake Oswego, where he focuses on tax and estate planning, business organizations and transactions, and representation of collector-car owners. He is a past president of the Oregon region of the Porsche Club of America and served as the chairman of the PCA’s 2006 parade. His collection includes two Porsches, a Ferrari, an Alfa, a Lotus, a BMW daily driver, a John Deere tractor — and one increasingly famous Jaguar E-type. This month’s “You Write, We Read” on p. 20 is full of SCMer advice on whether Draneas should restore his Jag.

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