Duemila Ruote: From Scandal to Windfall

Luigi Compiano is an Italian businessman who inherited a substantial security company from his father, Arnaldo.

Based in Treviso in the northeastern corner of Italy, North East Services was founded in 1929 by Mr. Compiano’s grandfather.

Arnaldo Compiano developed this small business into one of the market leaders in the secure handling and movement of cash and valuables by armored trucks. He died at age 79 in 2010, by which time he was known not only as a successful businessman Read More

When is a Bentley Speed Six Not a Speed Six?

The High Court in London has recently given judgment in the case of Brewer vs. Stanley Mann, Fortis Lease UK Limited and Stanley Mann Racing Limited. The judgment emphasizes the importance of accuracy when giving sale descriptions of collector cars.

The judge’s finding, heavily in favor of the private buyer and against the seller, raises some interesting issues for dealers, auction houses and buyers. This judgment has caused some waves in the U.K. trade, and is already subject to Read More

Dual-Identity Cars

Continuous History Car vs. Original Component Car? You decide

In a perfect world, every historic car would boast a spotless provenance and a documented list of distinguished owners, none of whom ever “abused” the car by changing a major component, let alone by crashing it. The real world is different. Witness competition cars, which in their heyday were used very hard and crashed frequently. The urgency then was to get it to Read More

How to Buy a Car in Europe

There’s no uniform code of ownership within the EEC, but each country has documents that will protect you in your transaction

After John Draneas’s learned article (April, p. 34) on the title pitfalls of buying a collector car in the U.S., here’s a European perspective. Or, as the exam question might have read: “How is your answer different if you were buying the car of your dreams in the U.K., France, Germany, Read More