Who Pays for Short-Lived Cars?

We’ve all been here before. You’ve just bought a new collector car — one you’ve wanted for some time.

You write the check, sign the paperwork, shake the seller’s hand, jump in the car and take off for some immediate fun.

Unfortunately, most of us don’t stop to think that we might be in a risky situation.

$4,800 per minute

At the end of July, a British enthusiast took delivery of a new Ferrari F430 Scuderia and gleefully left the Read More

John Draneas

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.

Posted in Legal Files