Buy, Sell or Bubble?

Drew Shipley ©2014, courtesy of RM Auctions

The collector car market is steamrolling along with the largest price increases we’ve ever seen.

From 2009 to 2013, combined sales of all the auctions in Monterey jumped from $120m to $308m. That $188m increase in four years represents a 157% change, and a return of 26.6% per year.

For Scottsdale, from 2010 to 2014, combined sales went from $126m to $253m. That’s a 101% increase, and an annualized return of 19%.

The Dow Jones Index, which has reached record Read More

Keith Martin

Keith Martin has been involved with the collector car hobby for more than 30 years. As a writer, publisher, television commentator and enthusiast, he is constantly on the go, meeting collectors and getting involved in their activities throughout the world. He is the founder and publisher of the monthly Sports Car Market, now in its 33rd year. Keith has written for the New York Times, Automobile, AutoWeek, Road & Track and other publications, is an emcee for numerous concours, and had his own show, “What’s My Car Worth,” shown on Velocity. He has received many honors, including the Lee Iacocca Award, the Edward Herrman Award, was inducted into the Concorso Italiano Hall of Fame and more. He is on the boards of directors of The LeMay Museum and Oregon Ballet Theater, and was formerly the chair of the board of the Meguiar's Award.

Posted in Shifting Gears