If you’ve been dabbling in collector cars for a decade or more, you’ve been through the meteoric highs and the dismal, depressing lows. Eight years ago, carbureted Ferrari 308s sold for over $70,000, and Boxers passed $250,000. Porsche Speedsters were bringing $100,000, and flat-floor Jaguar E-type convertibles even more. If you were selling, those were pretty good days.
Buyers have been in the cat-bird seat since 1992, snapping up those same 308s for $25,000, Boxers at $60,000, Speedsters for Read More
Until the late 1950s, it was not uncommon for production sports cars like Alfa Giuliettas and Porsche Speedsters to be driven to the track, raced and driven home. Competition preparation consisted of criss-crossing their headlights with pieces of black tape to keep the lens from shattering into a thousand pieces if a rock hit it, and removing the spare tire, jack and tools from the car. A hard-core competitor might even unbolt the windshield. At the end of the Read More
Fifty years from now, this period will be looked upon as the golden age of vintage car motoring. We are fortunate to live at a time when our classics, the cars just now becoming 30 years old, are very proficient machines, capable of satisfying back-road velocity along with high-speed autoroute transits.
Consider this. Our newly acquired 1968 Porsche 911 was built three decades ago, but apart from safety and convenience factors, is nearly as competent as cars being built Read More
We are frequently reminded that there are no constants in the car market. No price is absolutely too high or too low, no deal completely good or bad. A 1966 Triumph TR4 that may only bring $8,000 when dragged out of a garage in Arkansas may fetch $18,000 when fully detailed and offered under the shining lights of the Barrett-Jackson stage. Both prices are correct, and both deals can be called fair.
Private buyers looking for dream fulfillment may Read More
While most of the collector car market percolates along, with prices for sound cars appreciating gradually, one segment has ignited with the fury of a Saturn V booster rocket. During the last month, John McCaw of Bellevue, Washington, who made his fortune in the cellular phone business, has spent over $40 million enhancing his already formidable Ferrari collection, and at the same time redefined the values of an entire echelon of Ferraris.
Here are what our informed sources tell Read More
What constitutes an original car? Decipher the following advertisement: “Completely original except for new paint, fresh interior and redone engine.” Exactly what is original about this car? Is the new paint enamel when the original was lacquer? Have the seats been upgraded from vinyl to leather? Has a higher-performance camshaft been fitted when the engine was redone?
It is SCM’s position that originality falls into two categories. The first is “true originality,” which indicates that a car is wearing Read More