Shifting Gears

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,…

  Many years ago, I was considering buying a Mercedes 230SL and called Mercedes guru, SCM contributor and collector Alex Dearborn to ask for his advice. I told him the car was straight enough, a little scruffy in and out, would need a torn swing-axle boot replaced, had a 4-speed and both tops. At that…

  I love the way the collector-car year launches. Arizona in January is like Mardi Gras, with cars to be auctioned replacing floats. The procession of delectable automobiles is non-stop, with the six big auctions pulling out all the stops. For me, the action started earlier this year than usual. It included a quick trip…

At times, the SCM offices resemble an automotive confessional. Emails, texts, Facebook postings, faxes and sometimes even old-school, hand-written letters flood in — each missive asking for collector-car absolution or permission. “Dear SCM, please forgive me as I have sinned and bought a car over the Internet without seeing it in person… again.” “Keith, I…

 There’s no question that America’s love affair with the car has changed dramatically. The New York Times and Wall Street Journal regularly report on the decline of numbers of driver’s licenses among young people, of fewer miles being driven and declining sales figures of new cars. This lack of interest in driving is even more…

Concours d’Elegance is just a fancy name for a fancy car show with fancy awards. Whether it’s the weekly Beaches Cruisin’, which draws 1,500 vintage cars and thousands of gearheads every Wednesday all summer long in Portland, or the rarified air that surrounds the multi-million-dollar cars at the Pebble Beach Concours d’Elegance — car shows…

The invitation came on a Monday, from Luigi Orlandini of Canossa Events Srl. “Would you like to spend two days in Modena, learning about the restoration program Modena Classic Works, tour both Ferrari museums and drive some classic Ferraris on the Modena Circuit? The event starts this Friday, so you would have to leave from…

We just put 1,611 delightful miles on our 1965 Giulia Spider Veloce. It was our first real road trip in years, and it brought home the reasons we fool around with these old cars. The occasion was the Alfa Romeo National Convention, held in Rohnert Park, CA, south of Santa Rosa. Good friend Doug Hartman…

I’ve never counted the number of cars that have passed through my garage over the past four decades, but they’ve numbered in the hundreds. They’ve ranged from mundane 1965 MGBs to exquisite Maserati 3500 GTs. Sometimes there have been 20 cars at my place, other times just one. Fishing for my acquisitions (I hesitate to…

If the collector-car market were a cappuccino, its frothy foam would spill over the sides of the cup and cascade to the tabletop like a miniature Niagara Falls. Is there a major auction that doesn’t set a few world records? Even Toyotas are now worth more than a million dollars. Well, not all Toyotas. As…