<![CDATA[The Collector Car Podcast 2020(c) - Blog]]>Thu, 10 Sep 2020 15:35:29 -0400Weebly<![CDATA[Win prizes every thursday!]]>Thu, 20 Feb 2020 01:02:12 GMThttp://autosausage.com/blog/win-prizes-every-thursdayWith every new podcast you have a chance to win a fun prize!  Starbucks gift card, Concours tickets and car swag!  All you have to do is answer an EASY question by listening to that week's podcast episode.

How do you do it?  Follow The Collector Car Podcast on Instagram or Facebook to get the question and DM me with your answer.  The first correct response wins!  Super easy right?:)
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<![CDATA[054: La Bestioni Creator Gary Wales]]>Thu, 13 Feb 2020 05:00:00 GMThttp://autosausage.com/blog/054-la-bestioni-creator-gary-wales
Gary is quite a character.  You only have to check out one of his videos to see that.  His love for American firetrucks and the wild creations he bases them on is truly amazing.  Check out the podcast to learn more.
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<![CDATA[053: Does SIZE Matter?]]>Thu, 06 Feb 2020 16:17:20 GMThttp://autosausage.com/blog/053-does-size-matter​Before I get to today’s podcast, I thought I’d give a few updates on what’s been going on in my car world.  Be sure to stay tuned as I have some really cool new coming soon.  One of the coolest things that has happened recently is that this podcast ranked #11 for Automotive podcast on iTunes.  This is really amazing as I’m close to my favorite podcasts.  Car Talk is #1, The Smoking Tire #3, CarCast is #4 and Spike’s Car Radio is #8.  And I’m one ahead of The Collecting Cars Podcast with Chris freaking Harris!  That is one I am going to subscribe to right now.
 
If you’ve check out my Instagram feed lately, you see I came across a true barn find…a 1965 Galaxie 500 convertible. 
 
Today, I am going to analyze Hagerty’s Muscle Car index and see if size really does matter when looking at cars.  I came up with this idea while I was conducting the research for last week’s podcast: 15 Cars to Buy, Sell and Hold in 2020.  I noticed that the valuation trend of numerous, small-block or base model muscle cars was on the upswing after a few years of either static or declining growth.  So what do I mean by size?  Engine size.  Small-blocks verses big-blocks.  Hi-Po verses the base model.  GTOs verses Le Mans, 426s verses 318s, Boss 429s verses Boss 302s, Yenkos verses SSs.  More on this in a minute.  First, let’s talk about the collector car market as a whole and see how it is doing.  If you go to Hagerty.com, you can check out their Market Trends which is a subset of their valuation tools.
 
These trends are based on a ton of info including values from the Hagerty Price Guide, Auction Activity, Expert Sentiment, Private Sales Activity, Insured Values, etc.  You might ask, like I did, how do you quantify expert sentiment?  Well, from Hagerty, this is to “account for market factors that cannot be quantified through transactional data, a subjective opinion of the market is provided by a carefully curated list of experts. This panel is comprised of subject matter experts from all categories of collectible vehicles.”  It is done through a market survey where they calculate the average score of the responses which a poll of expert on a 1-100 level of confidence in the market.  All of the links to this information is on my blog at www.TheCollectorCarPodcast.com.  
 
So how is the market doing?  In a word, so-so.  The December 2019 score is 61.91 which is a five-year low.  The all time high was May of 2015 at 71.95.  The good news is that it is declining at a slower rate which will hopefully lead to a turn around soon.  Let’s keep this in mind as we look at our muscle cars.  Expert commentator, Andrew Newton, states that “This time last year, Hagerty’s Muscle Car Index was at an all-time high, but over the past four months it recorded the largest drop of any index for the second time in a row, falling 7 percent to a five-year low. While more than three-quarters of the index’s component cars recorded no change at all, another large drop for the 1970 Hemi Cuda convertible (among the most valuable muscle cars of all) and a 4 percent decrease for the 1964 Impala SS were more than enough to pull the overall score down.”
 
It is interesting that he called out the Impala as there were two other cars that declined sharper in the latest 52 weeks.  It probably has to do with the timing of the data windows.
 
Hagerty’s Muscle Car Index is comprised of 15 cars:
  • 1970 Plymouth Road Runner Superbird
  • 1965 Pontiac GTO
  • 1968 Mercury Cougar GT-E
  • 1968 Chevrolet Camaro Yenko
  • 1969 American Motors AMX SS
  • 1965 Shelby GT350
  • 1970 Plymouth Cuda AAR
  • 1968 Shelby GT500 KR
  • 1970 Chevrolet Chevelle SS 454
  • 1970 Plymouth Cuda
  • 1970 Buick GS 455
  • 1970 Oldsmobile 4-4-2 W-30
  • 1969 Dodge Charger 500
  • 1964 Chevrolet Impala SS
  • 1969 Ford Mustang Boss 429
 
What do you notice about this list?  All but two of them have big-block engines.  The two exceptions are the 1965 Shelby GT350 with it 289 and the 1970 Plymouth Cuda AAR with it’s 340.  This made me wonder, what would the results look like if I substituted these cars with their small-block or base car for comparison?  So that is what I did!  Let review each and I will summarize my findings at the end of this podcast.
Picture
Take this information with a grain of salt.  The big-blocks are more desirable and have been appreciating for years.  As those prices go up, the small-block and base cars follow.  I think what we are seeing here is more buyers are opting for less expensive but still fun, muscle cars that they can drive and enjoy.  Speaking of which, I need to get out there any enjoy this cold, wet and rainy day here in Cincy.

All data is sourced from Sports Car Market’s Platinum database, Hagerty’s Valuation Tools and the commodity website links in my blog which you can find at www.TheCollectorCarPodcast.com.

Until then, keep your tires straight, your foot on the gas and eyes on the road!
​Greg Stanley

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<![CDATA[052: 15 cars to Buy, Sell and Hold for 2020]]>Thu, 30 Jan 2020 05:00:00 GMThttp://autosausage.com/blog/052-15-cars-to-buy-sell-and-hold-for-2020​A quick update.  I’ve just redone the website so making it easier for you to hear the podcasts that are about the cars you care about.  I broke it up into 15 categories:  Market Trends, The Collectors, The Experts, The Auctions, The Dealers, The Museums, Muscle Cars, Porsches, Exotics, European Cars, Youngtimer, JDM/Asian, American, Pre-War Classic and Just For Fun.  Some podcasts will fall into multiple categories such as the latest one, Ron Barnaba.  He’s a dealer, expert, collector and he is focused on Porsches having had a 50-year career with them.
And if you like what I’m doing, please share with your friends!  Subscribe to this podcast and on Instagram at TheCollectorCarPodcast.  I’ve started sharing pictures from my visits to some of these locations and I’m timing it with the podcast’s release date.  So you can see the Porsche RSRs from Ron Barnaba’s personal collection from last week’s podcast.
This episode was prompted by a recent article I read.  It was called “Hagerty’s 2020 Bull Market List: 10 collector cars (and one bike) on the rise this year”.  This is my list and I tried not to have any duplicates but there are two.  Instead of only cars to buy that will be appreciating, I chose 15.  Five to buy, five to hold and five to sell now. 
Buy are cars that have investment potential
Hold are cars where their value trend has flattened out, softened or have declined slightly (all Air-Cooled Porsches…Hagerty recently had an article about the decline of 993 prices)
Sell are cars that have increased declining value trend with no change in sight.  May be related to generational shifts in the collector car market.
I’m going to start with the boring one first…Hold.
  • Hold
    • Porsche 996 base and Turbo
      • Porsche 996s are up 0.8% in the latest year and 5.9% in the latest three years
      • The Turbo model mirrors the base Carrera trends
      • 1999 model has the most growth as the introductory year of the 996 and fewer issues with the IMS bearing
      • 2004 model is flat latest year and three years but should start appreciating soon
      • The GT2s and GT3s are the ones to buy as a long-term collectible
    • Ford GT
      • Up 10.6% latest three years but down 4.1% latest year
      • The new Ford GT is now open to all buyers, so some will be selling this generation to upgrade
      • Heritage editions with low miles will continue to hold their value
    • Pontiac Firebird Formula SLP Firehawk
      • Ran up in value latest three years23.4% but declined latest year 6.0
      • Big run up has adjusted itself and I feel these will continue to slowly appreciate because of their low production numbers
    • Gen 2 Dodge Viper GTS (1996-2002)
      • Buy introductory year in Viper GTS Blue but hold onto the others (1 Yr 15.1%/3 Yr 27.2%)
      • Data set of non-intro year down 10.9% latest year and 7.2% latest three years
      • This generation is not as raw and undriver-friendly than the original generation
      • As the ’96 GTS becomes to pricey, other years will appreciate in value
      • Hagerty comments
      • “Vipers are fast, easy to live with, their looks still stop folks in their tracks, and let’s not forget the bonus Shelby connection.  That’s a lot of boxes checked for not a lot of money.  For now.”
      • “Generation Xers and millennials are now 64 percent of the quotes on this car.
    • JDM cars
      • As more and more come into the US as they have hit the 25-year mark, there will be more interest from enthusiast
      • Not clear how this will affect current values but non-high performance versions will probably decline in value (GTRs will be ok)
  • Sell
    • Toyota FJs (1975)
      • Down 12.0% latest year and down 16.8% latest three years
      • People realized these are slow, cramped and laborious to drive
    • 1978 Pontiac Trans Ams
      • Flat most recent and last three years
      • The Bandit has passed away
      • It was one of the less expensive movie cars
      • There are too many out there
      • No Smoky and the Bandit revivals on the horizon
    • 1955-1957 Chevrolet Bel Airs
      • Across all three years trends are down about 3% for the latest year and 6.0% latest three years
      • One example of buyers preferences changing/generation shift
    • 1958 Town & Country
      • Down 12.5 latest year and 22.9% latest three years
    • 2015 Hyper Cars

  • Buy
    • Late 1980s Broncos
      • 1989 Ford Bronco up 2.1% latest year and 4.3% latest three years
      • GenXers will be looking for cars from their high school years
    • 1970s International Scout IIs 4x4
      • Average of ’71, ’74 and ’78 4x4 up 15.2% latest year and 28.9% latest three years
      • Reasoning
      • New Bronco will keep vintage Bronco prices high
      • More folks will seek out a cheaper alternative
      • Resto-modders will turn to these once they run out of FJs and Broncos
      • Hagerty quotes
      • “The Scout is the last of the affordable classic sport-utes.  American rivals such as the Ford Bronco and Chevy Blazer have out-appreciated the Scout, but its values are on a steady climb, the result of enthusiasts realizing they can have the same amount of fun and curb appeal for a fraction of the Bronco price.  Low buy-in, high ceiling.”
    • 1960s Ford Mustangs with a small block
      • Been flat for 3-4 years and recently showing increase in value
      • Generational shift to cars of the 1970s and 1980s recently and buyers have realized these are not great cars
      • Easy to work on, parts available everywhere, cheap to keep running, classic looks, they can keep up with today’s traffic
      • Reference – 1970 Pontiac Firebird Formula 400 up 5.0% latest year
      • Not all are up…see AAR Cuda☹
      • Average of a ’66 GT convertible, ’68 GT convertible and a ’69 Mach 1 up 4.1% latest year and flat prior for all three
    • 1970 Plymouth Cuda AAR
      • Was down 28.0% latest year and 32.5% latest three years
      • Other Plymouth performance cars such as the Road Runner, GTX and Barracuda have fluctuated over the last three to five years but not to this extent
    • Early 2000s BMW non-M cars
      • The M cars have been very hot and started to flatten out but they will continue to increase in the long term
      • These high prices will draw attention to the non-M cars
      • 2003 BMW M Coupe, also know as the clownshoe, is up 37.9% latest year and 50.0% latest three years
      • 2003 BMW M3 E34 is up 5.3% latest year and 66.0% latest three years
      • 2003 BMW M5 E39 is up 5.2% latest year and 66.7% latest three years
      • All three are up 15.8% driven by the clownshoe
Thanks again for joining me this week.  I will review these 15 cars when I identify which cars to Buy, Sell and Hold next year.  As always, keep your tires straight, foot on the gas and have a great week!
 
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<![CDATA[Changes keep coming...for the positive!]]>Fri, 24 Jan 2020 16:01:27 GMThttp://autosausage.com/blog/changes-keep-comingfor-the-positiveAs always, thanks for checking out my website.  You can see I'm passionate about cars and this passion is manifesting itself in a new way.  This hobby is gaining a new dimension as I've accepted a consultant role as a Car Specialist for RM Sotheby's which is the global leader in the collector car industry.  This move totally aligns with everything I have been attempting to do.  You can follow my auto-centric adventures at my Instagram feed.

Other changes involve this website.  Now you can see the categorys and podcast episodes on the home page.  Just click to find what you want and then click to learn more about the episode and listen to the podcast.  Each episode will have its own webpage.  Google doesn't recognize my awesome podcast artwork so this will help drive traffic to the site.

If you or someone you know, would be a great guest or wants assistance at an RM Sotheby's auction, please contact me directly here.  Thanks, Greg]]>
<![CDATA[050: What Cars are Worth Their Weight in GOLD?]]>Thu, 16 Jan 2020 05:00:00 GMThttp://autosausage.com/blog/050-what-cars-are-worth-their-weight-in-gold]]><![CDATA[048: Will Steve McQueen's Bullitt Mustang sell for $4,000,000?]]>Thu, 02 Jan 2020 17:26:21 GMThttp://autosausage.com/blog/048-will-steve-mcqueens-bullitt-mustang-sell-for-4000000Picture
Happy New Year to all of you!  In preparation for the sale of Steve McQueen’s Bullitt Mustang at Mecum’s Kissimmee sale next week, I thought I would do a deep, deep dive into the data to ballpark what I think it will sell for.  I will calculate the “Steve McQueen Multiplier”, I’ll review the highest selling Mustangs, Shelbys and famous movie cars of all time AND other ICONIC items of note.  All data is sourced from Sports Car Market’s Platinum database, Hagerty’s Valuation Tools and the website links in my blog which you can find at www.TheCollectorCarPodcast.com.
 
Steve McQueen famously drove this Dark Highland Green GT 390 fastback in the most famous car chase scene ever in a movie.  It has been called the greatest car chase by BBCAmerica, Popular Mechanics, Fandango, NAPA, CNN, and Reader’s Digest.  Two Mustangs were used and it has long been thought that one was crushed after filming that the hero car was hidden in a barn in Kentucky.  About ten years ago, I made a half-hearted attempt to find it with no luck.  It turns out that both survived and the “crushed” car was discovered in Mexico as it was being restored into an Elenore Shelby clone and it is currently being restored.  The Mecum car is the “Hero Car” and unrestored and it came out of hiding a few years ago and has been making a world tour.  It was the 21st car listed on the History Vehicle Register.  For reference, the other movie cars on the Register include the Tucker and the fake Ferrari from Ferris Bueller’s Day Off.
 
Hot Rod article, The Long-Lost “Crushed” Bullitt Stunt Car was Found in Mexico
 
To put into perspective how epic of a car this is, I’m going to quote a few folks.  The first is a Bloomberg article by Hannah Elliot.
 
“Bullitt is effectively a one-of-one example touched with the golden blessing of car culture’s most important god; it has transcended into pop culture with few direct comparisons from which to predict a sale price. Which means that how much it actually sells for next month is anyone’s guess. Dana Mecum has said Bullitt will sell for at least $3 million; a recent Hagerty magazine article said it will be at least $4 million; Klinger himself said he expects it could take nearer to $5 million.”
 
The article continues with a quote from Sam Murtaugh who is Mecum’s vice president of marketing.
 
“A movie car always has a multiple applied to it,” says Murtaugh. “When you add the Steve McQueen factor, that multiple effect goes up exponentially. It varies depending on the item whether it’s a motorcycle or a car he used to own, but with Bullitt being in a movie and driven by McQueen, you’ve got a double-multiple going on, and with McQueen it has always been a multiplier of 10x or 15x.”
 
We will see in a moment if Steve McQueen cars truly sell 10 to 15 times their value.  The Mustang is not being sold at one of the high-end auctions which is interesting.  I would have chosen to sell it during Monterey Car Week hoping two billionaires get into a bidding war.  But, anyone who has interest in this car will be paying attention no matter where or when it is being sold.  And it is being sold at no reserve because the current owner, Sean Kiernan, does not want to go through this process again.
 
Hagerty also had some interesting quotes about the Mustang.
 
“Estimating the value of an iconic car like the Bullitt Mustang can be difficult since it’s impossible to know just how much someone is willing to pay for a car that is so ingrained in American pop culture and has never been at auction before—particularly one that was driven by “The King of Cool” in arguably the greatest car chase in movie history. Certainly that number will be in the millions.
 
“There really is no other car to which it can be compared,” says automotive expert and author Colin Comer.  (Who is author of one of my favorite boos, The Complete Book of Shelby Automobiles)  “When you put everything together—a cultural icon, connected to a movie legend, and it’s a Mustang—it really stands alone. Then you consider that most people thought it was long gone, destroyed, it was amazing enough when it came out of hiding 18 months ago in near-original condition. Now, for someone to actually have an opportunity to own it for themselves—a car that McQueen couldn't even buy—this is an unprecedented historic event.”
 
Steve McQueen famously tried to get this Mustang back in 1977 by sending a letter to the owner.  This is a great example of how not to endear yourself with someone who has something you want.  It read,
 
“Dear Mr. Kiernan,
Again, (horrible way to start a letter) I would like to appeal to you to get back my ’68 Mustang.  I would like very much to keep it in the family in its original condition as it was used in the film, rather than have it restored; which is simply personal with me. (he’s doing ok…)
 
I would be happy to try (no guarantees, I will at least make a phone call) to find you another Mustang similar to the one you have, if there is not too much monies involved in it (this should have never been written!).  Otherwise, we had better forget it. (you closed the deal but in the wrong way!)
 
With kindest regards, I remain very truly yours, Steve McQueen”
 
I am going to do the impossible and make a very educated guess on what the Bullitt Mustang will sell for by analyzing six data sets: current Muscle Car trends, valuation of a “non-Bullitt” 1968 390 GT Mustang, the top selling Mustangs and Shelbys of all time, recent sales results of movie cars, calculating and applying the Steve McQueen Multiplier and reviewing a few Iconic items that have sold recently.  I’ll then throw all of this data into my algonkculator to come up with my estimated hammer price…also know as my best guess.
 
Current Muscle Car Market Trends and Valuation for a 1969 Ford Mustang GT 390 Fastback
Andres Newton, author of the Hagerty Price Guide Index of America Muscle Cars stated that, “Of Hagerty’s seven primary collector car indices, the Muscle Car Index experienced by far the largest drop in the latest update with an 8 percent fall. In fact, it was the only index to move more than 2 percent in either direction. No component cars recorded a gain and nearly half of them fell in value.
 
While all of the Chevrolets in the Muscle Car Index saw drops, the Mopars saw bigger ones. The 1970 Cuda AAR dropped 18 percent and the 1970 Hemi Cuda convertible, among the most valuable of all muscle cars, fell 13 percent. None of this is cause for panic, however, as most of the significant decreases in the muscle car market both inside and outside of this index are for the most expensive cars. Most prices in the broader muscle car market are firm, and the most popular models’ popularity among younger enthusiasts should at least keep them that way.”
 
- Andrew Newton, September 2019
 
Of the 15 cars represented the biggest depreciator was the 1970 Hemi Cuda convertible took a $700k hit (#1).
It peaked at $3M in January 2016 and now is $2.3M which is a 23.3% decline.  From May to Sept it was down $150,000…-10.3%.  If you look at just the Mustangs represented in the Index (’65 GT350, ’68 GT500KR, ’69 Boss 429), they were only down 0.5% for the same timeframe.
 
The real Bullitt Mustang is unrestored and shows surface rust, dents dings and other flaws from being thrown around the San Francisco street in the movie and additional 50 years of time.  Hagerty describes “#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. "Fair" is the one word that describes a #4 vehicle”  The Bullitt Mustang falls off of the Hagerty chart and is a #5 car.  Currently, the average value for an everyday 1968 390 GT Mustang fastback with a factory four speed is…
  • #1 - $95,590
  • #2 - $79,310
  • #3 - $61,270
  • #4 - $43,120
 
I place the value of the Bullitt Mustang without its movie provenance or Steve McQueen ownership at $35,000.  Keep this in mind for when I factor in the McQueen Multiplier in a minute.  A bit of good news, 1968 Mustangs are up 5.0% from January to September of 2019 which goes against overall muscle car trends.
 
Top Selling Mustangs and Shelbys of All Time
 
Now it is time to review the top selling Mustangs and Shelbys of all time.  The top selling Mustangs are:
  • 1969 Ford Mustang Boss 302 Trans-Am racer sold for $750,000 in 2016
  • 1969 Ford Mustang Boss 429 sold for $588,500 in 2013
  • Two 1969 Ford Mustang Boss 429 sold for $550,000 in 2015 and 2016
  • 1964 Ford Mustang Short prototype sold for $511,500 in 2015
 
1969 Boss 429s are down 12% from their May 2017 peak.  The top selling Shelbys are:
  • 1967 Shelby GT500 Super Snake sold for $1,300,000 in 2013 and then $2,200,000 in 2019 which was an increase of 69% in six years.
  • 1967 Elanor Shelby GT500 from Gone in 60 Second for for $1,000,000
  • 1966 Mustang Shelby GT 350 convertible sold for $742,500 in 2017
 
This is interesting information but not much that will help us on evaluating the price of the Bullitt Mustang.  The closest would be the Super Snake as it is one-of-one with strong provenance and unrestored.  But it is a factory car, in much better shape and the best looking Shelby of the 1960s in my opinion. The fact that it almost doubled in price in six years speaks to the desire of collectors wanting automotive unicorns as the centerpiece of their collection.  The Bullitt Mustang would be one of these.
 
 
Recent Movie Cars
 
Now I will review some movie cars that have recently sold and compare them to their non-celebrity counterparts.  We will call this the “movie star factor”.  I’m only going to pick eight cars that I feel are most applicable to the Bullitt Mustang which is a great car in a mediocre movie.
 
1968 Ford Gulf GT40 From Le Mans - $11 Million
1961 Ferrari 250 GT California Spider From Ferris Bueller's Day Off - $10.9 Million
1965 Shelby Cobra Daytona Coupe From Red Line 7000 - $7.6 Million
1956 Ferrari 250 GT LWB Berlinetta From The Love Bug - $6.7 Million
1966 Batmobile From Batman The Movie - $4.6 Million
  • Pop culture show and a fantastic car
  • Based multiplier on $100,000 replicar
  • Movie Multiplier is 46x
1954 Ferrari 375 MM Berlinetta From La Fortuna Di Essere Donna - $4.6 Million
1964 Aston Martin DB5 From Goldfinger & Thunderball - $4.6 Million
  • Iconic car in good movies that are still going
  • Based multiplier on DB5 in #1 condition is worth $1.45M
  • Movie Multiplier is 3.2x
1928 Mercedes-Benz S 26/180 Boattail Speedster From Sylvia Scarlett - $3.7 Million
1969 Porsche 908.02 ‘Flunder’ Langheck Group 6 Prototype From Le Mans - $2.7 Million
1955 Ferrari 750 Monza Spider From On The Beach - $2.5 Million
1929 Duesenberg Model J Disappearing-Top Convertible Coupe From The Gay Divorcee - $2.3 Million
1970 Porsche 911 S From Le Mans - $1.3 Million
  • Great car in an average movie
  • Based multiplier on 911 S in #1 condition is worth $72k
  • Movie Multiplier is 19.1x
1929 Duesenberg Model J From Spinout - $1.2 Million
1965 Shelby Mustang GT500 From Gone In 60 Seconds - $1 Million
  • Great car in ok movie
  • Spawned an entire industry of Elanor clones
  • Based multiplier on 1967 Shelby GT500 in #1 condition is worth $274k
  • Movie Multiplier is 3.6x
1976 Lotus Espirit S1 From The Spy Who Loved Me - $997,000
1969 Dodge Charger Daytona From Joe Dirt - $900,000
  • Great car in a really bad movie (IMBd rank of 20 out of 100)
  • Based multiplier on 1969 Charger in #1 condition is worth $236k
  • Movie Multiplier is 3.8x
Chitty Chitty Car From Chitty Chitty Bang Bang - $805,000
DeLorean DMC-12 From Back To The Future - $541,000
  • Great looking car that was under powered and under developed in a great movie
  • Spawned an entire industry of Elanor clones
  • Based multiplier on 1983 DeLorean in #1 condition is worth $43.3k
  • Movie Multiplier is 12.5x
1978 Pontiac Firebird Trans AM From Smokey And The Bandit - $450,000
  • Iconic and under powered car in a decent movie
  • Based multiplier on 1978 Trans Am in #1 condition is worth $35.8k
  • Movie Multiplier is 12.6x
1986 Ferrari Testarossa From Miami Vice - $151,800
1970 Plymouth Barracuda From Nash Bridges - $151,200
1986 Pontiac Firebird Trans Am From Knight Rider - $150,000
1963 Volkswagen Beetle From The Love Bug (Herbie) - $126,500
1959 Cadillac Miller-Meteor ECTO-1 From Ghostbusters - $88,000
1972 Oldsmobile 442 From Sopranos - $61,000
 
The Movie Multiplier for all of these cars is only 4.9x.  If we based the Bullitt Mustang on this multiplier it would sell for  $172,710.39.  This is not going to happen!
 
The Steve McQueen Multipler
Now let’s review the Steve McQueen Multiplier.  Over his career McQueen owned many collector cars and I’ve tracked down 25 of them.  Some of these were cars in the movies he was filming and he liked them so much purchased them once filming was complete.  He also owned a lot of motorcycles but this is called The Collector Car Podcast, I will not review those.  To calculate the McQueen Multiplier, I will only use the cars that were sold at a public auction and calculate the hammer price against the value of the car at the time of the auction.  I will use Hagerty’s Valuation Guide and condition rating.  The first 13  cars I will list are ones from his collection that are not a part of the multiplier as they have either never sold at auction or there are no comps for comparison.  These 13 cars are:
  • Custom 1904 Winton Flyer
    • Built by Von Dutch for The Reivers
  • 1956 Jaguar XKSS
    • Nickname was the “Green Rat”
    • Changed it from off-white with red interior to British Racing Green with black interior
    • Never sold at public auction and owned by the Peterson Museum
    • Jay Leno drives Steve McQueen’s Jaguar XKSS
    • “Every Day XKSS are worth $14-$15M and McQueen’s is estimated around $30M
  • 1958 Porsche 1600 Super Speedster
    • Spike’s Car Radio co-host The Real Zuckerman owns the twin of this one with consecutive serial numbers, identical colors and options…but he wrecked his.
    • Currently owned by Steve’s son, Chad.
  • 1959 Lotus Eleven
    • No record of it ever being sold at auction or its current location
  • 1961 Cooper T-56 Mark II
    • Raced successfully by Steve McQueen in California in 1962
    • Currently a part of the Canepa Museum and it is for sale
  • 1962 Austin Healey "Sebring Sprite"
    • Destroyed while parked by a racetrack
  • 1963 Shelby 289 AC Cobra
    • It is thought that he never owned the car and that it was borrowed from Shelby
    • Via Ian Allison and the Cobra Registry, “An amusing but true fact is that Steve McQueen never actually owned a Cobra. Carroll Shelby did lend him one for a period of time, and that car was CSX 2174. Unfortunately that particular car has a somewhat checkered history, having been damaged/ rebuilt/ replicated, etc and now there are two cars running around with that VIN (vehicle identification number), neither of which has its original VIN-stamping in the chassis any more. So yes we do know what happened to the one car we know McQueen drove, but that's about all we can say about it.”
  • 1967ish Baja Boot
    • In the lead up to the race Steve told the media - "I've lined me up a sweet machine for this one. Called the 'Baja Boot.' Chevy powered. Four hundred and fifty horses under the bonnet. Space frame construction. Four-wheel drive. Independant suspension. And 'smooth'! I can notch close to a hundred over a sand wash and you better believe that's moving."
    • Jame Glickenhaus’ Steve McQueen-Style Baja Boot
    • Sold in 2008 for $199,500
  • 1967 Mini Cooper S 1275
    • MIA
    • Ugly…brown with a tan top.
  • 1967 Ferrari 275 GTB/4*S NART Spider
    • from Chinetti by way of California agent Hollywood Sportscars, chassis 10453 in Blu Sera with black trim.
    • $30M today
  • 1967/68 Con-Ferr Meyers Manx Dune Buggy
  • 1969 Porsche 908/2 Flunder Spyder
  • 1971 Porsche 911T
    • Failed to sell at Christie’s 2015 auction
    • The car apparently didn’t attract any buyers interested in bidding on its $275,375–$385,525 estimated price.
  • 1970 Porsche 917
    • R&T, “This 1970 Gulf-liveried 917K was used as a test car for Le Mans before becoming the star car in Steve McQueen's legendary racing movie legendary racing movie Le Mans film. After being sold and left to sit in a barn for over two decades, it emerged in 2001, and now after a full restoration, it's been sold for $14 million, making it the most expensive Porsche ever.”
 
Now for the 12 cars that have sold at auction that were used to calculate the McQueen Mulitplier
  • 1950 Hudson Commodore Six convertible
    • One of just 700 built and showing only 22,647 miles, a figure believed to be authentic
    • Bonham’s write up, “Once the property of Lt. Frank Bullit, aka The King of Cool, aka Steve McQueen. Worn and marked-up paint; poor tape lines, especially between white upper body and gold lowers. Canvas top looks quite sound; tan cover so old it looks brown from staining. Seats with three different colors of red vinyl. Chrome terrible; most rubber seals perished. Art Deco gauges yellowed; painted woodgrain dash/door uppers actually pretty good. Seriously, I was thinking about a test drive because it is perfect. Seriously.”
    • Chose 1949 as no 1950s were in the database
    • Auction – Bonhams in 2015
    • Condition – 4
    • Hagerty Value – $32,800
    • Hammer Price – $98,000
    • McQueen Multiplier – 3.0
  • 1951 Chevrolet Styline Deluxe convertible
    • Car from The Hunter which was the last movie of this career
    • Sold in 1984, 2013 at Auctions America ($84k) and 2018 by Barrett Jackson
    • Barrett Jackson’s write up, “The pale yellow Chevrolet it is today is an older restoration with primarily original factory specifications.”
    • Purchased and sold in two episodes of the “Pawn Stars” TV Show
    • Auction – Barrett Jackson in 2018
    • Condition – 3
    • Hagerty Value – $33,100
    • Hammer Price – $126,500
    • McQueen Multiplier – 3.8
  • 1952 Hudson Wasp 2-Door Sedan
    • Sold for $61k in 2012 by RM Sothebys
    • Sold for $165k in 2019 by RM Sothebys
    • Auction – RM Sothebys in 2019
    • Condition – 3
    • Hagerty Value – $25,600
    • Hammer Price – $165,000
    • McQueen Multiplier – 6.4
    • This is the second of four Hudsons McQueen owned but I could not find any information on the other two.
  • 1952 Chevy 3800 Pickup with Camper
    • Known as “Dust Tite”
    • Per Barrett Jackson’s description, “This truck's significance takes on greater historical importance as it was the last vehicle to take McQueen from his Santa Paula home to the Ventura County Airport on Nov. 3, 1980, to embark on his journey to Mexico for what would be his final cancer surgery. Accompanying him in the camper was the Reverend Billy Graham.”
    • Auction – Barrett Jackson in 2016
    • Condition – 4
    • Hagerty Value – $11,100
    • Hammer Price – $60,500
    • McQueen Multiplier – 5.5
  • 1958 GMC Pickup Truck
    • Was one of his favorites
    • Auction – Bonhams in 2012
    • Condition – 4
    • Hagerty Value – $3,600
    • Hammer Price – $92,000
    • McQueen Multiplier – 25.6
  • 1964 Ferrari 250GT Lusso
    • Auction – Christie’s in 2007
    • Condition – 2
    • Hagerty Value – $450,000
    • Hammer Price – $2,310,000
    • McQueen Multiplier – 5.1
  • 1967 Ferrari 275 GTB/4 by Scaglietti
    • Per SCM, “Delivered new to "King of Cool" Steve McQueen on the set of "Bullitt," which puts this 275 in a class of its own. Impressive subsequent ownership. Restored to McQueen's original specifications with no real flaws noted. Borrani wheels added by McQueen. One of the more collect-ible Ferrari road cars.”
    • Changed from Hazelnut to Crimsom Red
    • Auction – RM Sotheby’s in 2014
    • Condition – 1
    • Hagerty Value – $2,250,000
    • Hammer Price – $10,175,000
    • McQueen Multiplier – 4.5
  • 1967 Rolls Royce Silver Shadow
    • From The Thomas Crown Affair
    • Auction – Bonhams in 2006
    • Condition – 2
    • Hagerty Value – $22,500
    • Hammer Price – $70,200
    • McQueen Multiplier – 3.1
  • 1968 Ford GT40 Gulf/Mirage
    • The first win for the famed Gulf/Wyer Partnership
    • Only Gulf team car to win both as a Mirage (’67 Spa) and a GT40 (’68 Monza)
    • First of three lightweight production GT40s; one of two surviving
    • Early use of carbon fiber-reinforced bodywork
    • Famous Gulf camera car used in the epic Steve McQueen film, Le Mans
    • Auction – RM Sothebys in 2012
    • Condition – 1
    • Hagerty Value – $2,550,000
    • Hammer Price – $11,000,000
    • McQueen Multiplier – 4.3
  • 1970 Porsche 911S
    • Per SCM, “Delivered new to Steve McQueen on the set of "Le Mans" for his personal use. Featured in first three minutes of film. Highly optioned, including air, Comfort Group, muffler apron, front fog lamps and Blaupunkt radio. Has a respray and reupholstered front seats. Original drivetrain. Fully documented.  Possibly the best-known non-racing 911S.”
    • Auction – RM Sothebys in 2011
    • Condition – 2
    • Hagerty Value – $72,000
    • Hammer Price – $1,375,000
    • McQueen Multiplier – 19.1
  • 1972 Mercedes-Benz 300SEL 6.3
    • Hagerty database only had 1971
    • Per SCM, “My brief survey revealed many young attendees not familiar with the McQueen legacy. I suspect that number is growing. A staid car not consistent with McQueen's adventurous spirit. Thus the McQueen multiple was not achieved.”
    • Auction – Keno Brothers in 2015
    • Condition – 2-
    • Hagerty Value – $39,700
    • Hammer Price – $375,000 no sale
    • McQueen Multiplier – 9.4
  • 1976 Porsche 930 Turbo
    • Per SCM, “The simple math: good early Porsche 930=$145k, bought new by Steve McQueen=two million bucks. It may not be the right answer for a lot of folks, but it was the truth here, although “a portion of the proceeds” went to Steve’s reform school alma mater.”
    • Auction – Mecum in 2015
    • Condition – 2
    • Hagerty Value – $138,000
    • Hammer Price – $2,145,000
    • McQueen Multiplier – 15.5
 
I’ve always heard that the McQueen Multiplier was 10 to 15 times the fair market value.  But that is not correct.  Based on these 12 cars, the McQueen Multiplier is 4.97.  Based on this, we can do some quick math and multiply this by the average value of a #5 condition 1968 GT390 Mustang Fastback.  That would equal… $174,068.47.  Again, that is not going to happen!  It is really interesting that both the McQueen and Movie Multipliers were almost the same.  Why are these multipliers not applicable for the Bullitt Mustang?  This is an easy answer, none of these cars have the “Bullitt Effect”.
 
Items from the movie have a track record for selling for astronomical amounts.  McQueen’s original script sold for $44,000.  His, at the time $25, Persol sunglass sold for over $70k and his brown tweed sportscoat from the movie sold for $120,000!
 
I realized I needed to look elsewhere for comps to help me come up with a realistic number.  I decided to look at a few Iconic Items that have sold recently.
  • Batmobile
  • The 1935 Duesenberg SSJ
    • formerly owned by actor Gary Cooper sold for $22 million at the Gooding & Company Pebble Beach sale, setting a record for the most expensive pre-war car at auction. It also became the most expensive American car sold at auction.
    • Most sell $1.3M-$1.6M with the highest price of $3.6M in 2015.
    • Base SJ is $1.3M so the multiplier is 16.9
  • Paul Newman’s Rolex sold for $17M.  A non-Newman watch is worth $10k so the multiplier is 1,780x
  • Jack Nicklaus sold for $1.2M.  A non-Nicklaus watch is worth $12k so the multiplier is 101.7x
  • Marlon Brando’s Rolex sold for $1.95M.  The non-Brando watch is workth $4.5k so the multiplier is 433.8
 
The Iconic Multiplier is 33.3x so the Bullitt Mustang would sell for $1,167,206.45.
 
What do all of this data not factor?  The disposable income of prospective buyers.  There is a big generation shift occurring right now in the collector car marketplace.  Read any magazine or blog article and you will see many articles written about this.  Including my own reviews which you can find on my website or anywhere podcast are found.  While the shift is away from cars from the 1940s, 50s and 60s and to the 80s and the 90s, I believe this car will buck the trend.
 
The Bullitt movie was release in 1968 and this Mustang become the icon of every teen and pre-teen.  Today, those kids are in the prime of their disposable income lives.  They are retired, empty nesters who are enjoying their post career lifestyle and want to have fun.  This is their moment to get the jewel for their collection and they will bid up for it.  Because of this, I am going to call the final hammer price for the Bullitt Mustang at $5.6M.  This is a 160x multiplier that will break all of the records.  It will be the most expensive Mustang ever sold at auction and have the highest McQueen or Movie Multiplier ever.
 
It is an unrepeatable event and you can join me in two weeks to my thoughts on the results and how close or how far off I was in my guess.  Until then, keep your tires straight, your foot on the gas and eyes on the road!

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<![CDATA[046: The 12 Days of a Car Christmas]]>Thu, 19 Dec 2019 14:33:03 GMThttp://autosausage.com/blog/046-the-12-days-of-a-car-christmas
What 12 cars would you have on your 12 Days of a Car Christmas wish list?  Listen into our special version and hear why Greg picked these particular cars.  A special thanks to Porschephile John Nelson for the vocals.  Dinos, Panoz and no Porsches?  Oh my!  A special thanks to our music provider - www.singing-bell.com

Here are my reasons for each of the Days of Christmas.  Some are good reasons, others are just plain lazy.
  • 12 Dinos Darting
    • Dinos are iconic and true Ferraris.  I’ve been told the title says Ferrari Dino but I have not been able to verify this.
    • They should not have a Ferrari badge anywhere on the car.  It looks good but it is not correct.

  • ​With the frame being made of a light-weight, aluminum body and with full independent suspension and all round disc brakes, this Ferrari could dart!
  • ​11 Panoz Pacing
    • This is a deep cut for auto enthusiast.  I go way back with Panoz to around 1992 when I was the Nabisco sales rep in Lawrenceville and Winder, GA.  If you look those up on a map, Panoz is just a little north.
    • MCA factory tour just before they launched their racing endeavors.
    • I was able to see the LMP prototype racecar which had the Mystic paint job found on period Mustang Cobras at the time.
    • I tried to win one of the AIV Roadsters through a Kroger giveaway…I didn't...a lady won it and parked it outside in the rain:(
  • 10 Lambos Leaping
    • What would these ten Lambos be?  In chronological order: 1966 Lamborghini 350GT, Lamborghini Miura SVJ Spider, Lamborghini Faena which was a one off four-door Espada, I’m skipping the Islero, Jarama and Urraco, then it’s the 1986 Lamborghini Countach (white and red or red with gold wheels), skipping the Silhouette as it is a precursor to the Jalpa and a rarer car, Lamborghini Jalpa (found one while I was a kid, $13.5k), the Rambo Lambo LM002, Lamborghini Diablo VT Roadster, Lamborghini Aventador LP 720-4 50th Anniversario, Lamborghini Huracan LP 640-4 Performante Spyder, Lamborghini Sian (2020) is their first hybrid and the name means a flash of lightning in the Bolognese dialect.
  • 9 McLarens moving…I’m still waiting to see if Leno buys a Speedtail.
  • 8 Shelbys shifting
    • 1964 Rack and Pinion 289 AC Cobra
    • 1966 427 S/C “Semi-Competition” AC Cobra
    • 1965 Mustang Shelby GT350
    • 1966 Mustang Shelby GT350 Convertible (only four made)
    • 1967 GT500
    • 1968 GT500KR convertible
    • 1970 GT500 convertible (SCJ?)
    • Ford GT40 MKIII road going and one of seven
  • 7 Lotus 7s
  • 6 Bimmers beaming…I’d love to have a 2002, an M2 or a E34 M5
  • 5 times around Nurburgring
  • 4 Audi Quattros
  • 3 Mercedes Benz
  • 2 Driver’s gloves
  • Datson two-four-ty-Z...I love the original!
So that is why I picked what I picked!  I’m planning on reviewing movie cars for the next episode in preparation for the Bullitt Mustang coming up for sale at the Mecum auction in January. Thanks for listening, Merry Christmas and Happy Holidays to everyone.  I will talk you to next week.
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<![CDATA[Are Air-Cooled Porsche Prices Declining?]]>Thu, 12 Dec 2019 19:52:43 GMThttp://autosausage.com/blog/are-air-cooled-porsche-prices-declining
​Hello Auto Enthusiast!  Welcome to The Collector Car Podcast.  Today, I am going to give an overview of the market trends for Air-Cooled Porsches.  This is a REALLY big swag since there are so many models and submodels to choose from.  To keep it semi-simple, I am using the latest 3-year market trends using Hagerty’s Valuation Tools and I’m focusing on the base, air-cooled Porsche for each generation and model year.  More specifics here in a second.  I attempted to include recent auction results using Sports Car Market’s Platinum database but it included Speedster replica results which would have impacted results significantly.  Once I figure out how to exclude those datapoints, I will use them going forward.  
Some of you may be wondering about the yellow/beige color for this episode’s cover art.  This is the first time I’ve had an engine on the cover, which makes sense, and the background color is from the engine decals on the 356. 
I plan on doing a Market Trend analysis at least once a month and more as time permits.  These are very time intense.  A special shout out to Jim Moore and the Air Brigade who recent posted an article on Facebook titled “Are Air-Cooled Porsche Prices Softening?”  That article is what put this high on my to-do list for the podcast.  You will have to continue listening to find out if they are or not.
Also of note, if you missed it, our first ad was in the December issue of Sports Car Market.  Stay tuned as I recently had a conversation with Keith Martin about a podcast project…hopefully more will come soon.
Be sure to check out the January issue of Classic Motorsports as our second ad will be appearing in that issue.  Tim Suddard was a guest recently so if you have not listened to his interview, be sure to check it out on iTunes and wherever podcasts are found.  As always you can find it at www.TheCollectorCarPodcast.com.  You can also see all of the charts, graphs and data from this episode on my blog.  I hope to incorporate these market trend reviews into video soon.  Not much happens on my YouTube page but these would be worth a visit.
So onto Air-Cooled Porsche market trends.  From a top level perspective, for the latest three years:
  • Air-Cooled Porsches are up 8.6%.  This includes all base model air-cooled Porsches from 1948 to 1998.
    • The 1948-1965 365s are up 53.2%.  But this is inflated somewhat so stay tuned for the details.
    • The 1964-1973 911s are up 11.1%.
    • The 1974-1989 911 Gs are up 22.2%.
    • The 1990-1994 964s are up 61.5%
    • And the 1995-1998 993s are down 7.0% which really shocked me.
    • A nice little shout out for my 1999 996 first year water-cooled Prosche, it is outpacing the 993 and grew 5.3% the latest three years.  Buy them now…they are not going to get cheaper!
Now let’s dig into each of the different generations:
  • For the 356s, we have many sub-models who’s trends are significantly different.  The base models were named everything from the introductory Gmund model, to the 1100 and 1500.  Engine power increased from 40 – 75 horsepower over 18 years.  As I mentioned, 356s grew 53.2% over the last three years.

  • ​Gmund (1948-1950)
    • As I mentioned before, the % Chg for the entire generation of 356s is 53.2%.  If you take out the Gmund cars, it drops way down to 26.8%.  The recent rise in Gmund prices is responsible for over half of the 356 appreciation.
    • The 3-Yr Increase is 66.1% with an average value of $1M.
    • The 356 Pre-A (1951-1955) Porsches are our second strongest growing model.
      • The 3-Yr Increase is 49.0% with an average value of $102k.
      • Increase is driven significantly by the first year, 1951 model which went from $200k to $629k over three years.  This is a 214.5% increase.
      • Not factoring in this model year, Pre-A would be up only 2.1% with an average value of $67,700.
    • 356A (1956-1959)
      • The 3-Yr Increase is 14.1% with an average value of $82,300.
      • Interestingly enough, all models were up double digits except for the 1958 model which was flat over the three-year time frame.
    • 356B (1960-1963)
      • The 3-Yr Increase is 6.2% with an average value of $59,475.
      • 1960/61 had the most growth around 12% while 1962/63 grew under 3%.
    • 356C (1964 & 1965)
      • The 3-Yr Increase is 15.1% with an average value of $74,000.
  • For the early 911s, we have basically two sub-categories: 1964-1968 and 1969-1973.  The base models were named either base or I used the 911 T.  Engine power stayed at 130HP for the base engines.  As I mentioned earlier, early 911s grew 11.1% over the last three years.
    • 1964-1968
      • The 3-Yr Increase is 14.8% with an average value of $124,600.
      • This was largely driven by the super rare 1964 911 which was up 25% and had an average value of $258,000.
      • Without this factored in, the growth on the early cars would be 11.1% with an average value of $66,778…a big difference!
      • The 1968 model year is the first one we see with a negative 3-year trend declining 2.4%.
    • 1969-1973
      • The 3-Yr Increase is 3.2% with an average value of $47,200.
      • The negative 3-year trend continues into 1969 and 1970 with both years showing a decline of 3.6%.
  • For the 911 G Series, we have three sub-categories driven by emission standards, engine changes and technological updates: 1974-1977, 1978-1983 and 1984-1989.  The base models were named everything from the Carrera 2.7 to the SC 3.0 in 1978 and back to the Carrera in 1984.  Engine power increased from 150 – 217 horsepower over 16 years.  G Series 911 grew 22.2% over the last three years.  The biggest gainer for this generation is the 1974 model which increased $24k which was a 59.5% increase.  Ironically, the slowest gainer was the 1975 model at only 5.8%.
    • 1974-1977
      • The 3-Yr Increase is 25.2% with an average value of $29k.
    • 1978-1983
      • The 3-Yr Increase is 23.0% with an average value of $39k.
    • 1984-1989
      • The 3-Yr Increase is 20.3% with an average value of $45k.
  • For the 964s and 993, there were not any significant changes to designate a sub-model.  Over the last three years, 964s grew 61.5% with an average price of $42,000.  Maybe the growth is due to the “Singer-Effect”?  For those of you not familiar with Singer, they redesign factory Porsches, specifically 964 Carrera 2s without a sunroof, into the ultimate, and expensive Porsche.  They’ve redesigned over 300 cars which cost upwards of $1M each and there are many other outfits out there trying to replicate the “Singer-Effect”.  So much demand increases the price for all 964 model years.  The base model is called the Carrera 2 and power increased from 247 to 270 horsepower.
  • For our last generation, the 993, they have surprisingly declined 7.0% over the latest three years with an average value of $46k.  The base model went back to being called just a Carrera and power increase from 270 to 282 horsepower.
  • Now, to answer the questions, are air-cooled Porsche prices declining?  Wording is key here as Jim from the Air Brigade, his article asked if they were softening.  The short answer is yes, they are softening and overall, they are not declining with the exception of the 993s.
  • For the latest three years Air-Cooled Porsches are up 8.6% but they are up only 6.5% latest 52 weeks.
    • The 1948-1965 365s went from 53.2% to 8.9%.
    • The 1964-1973 911s went from 11.1% to 5.0%.
    • The 1974-1989 911 Gs went from 22.2% to 2.6%.
    • The 1990-1994 964s went from 61.5% to 10.7%...our biggest decrease in appreciation.
    • And the 1995-1998 993s went from being down 7.0% to being down only 3.4% so this is the best news of the bunch.  Their value is still going down but it has slowed.  This is another one we should keep our eyes on.
  • What does this all mean?  That if you buy it because you love it, you will never be wrong.  Do you agree, disagree or have a comment?  What did I miss?  I will have some real Porsche experts on soon to discuss.  Until then, keep your tires straight, your foot on the gas and I will talk to all of you next week.  See you then!
    About The Collector Car Podcast
    The Collector Car Podcast is an automotive podcast where Greg Stanley interviews the experts, reviews recent auto auction trends and talks about cool car places he visits while traveling across the US.  Greg reviews antique cars, classic cars, muscle cars, exotic cars, hyper cars, JDM cars, Porsches, vintage SUVs and anything else with four wheels and that makes noise.  If you like the Smoking Tire, Spike’s Car Radio or Car Cast, this is for you!  This automotive podcast is available on iTunes, Stitcher, Google Play and wherever podcasts are found.
    Greg uses the Sports Car Market and Hagerty Valuation Guide for sourcing automotive insights, trends and data points.  
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<![CDATA[Mercedes 3-Year Market Trends]]>Wed, 04 Dec 2019 21:59:57 GMThttp://autosausage.com/blog/mercedes-3-year-market-trends
Click to listen to the podcast and be sure to listen to Pierre's episode as well.  More to come soon and I welcome your comments!  Greg
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<![CDATA[043: Mercedes Benz Market Trends]]>Thu, 28 Nov 2019 05:00:00 GMThttp://autosausage.com/blog/043-mercedes-benz-market-trends
This is a follow up to Pierre Hedary's interview. Find out which Mercedes are depreciating in today's market and which ones to watch out for. Greg Stanley gives an overview of the top investment grade Mercs. Listen to past episodes at www.TheCollectorCarPodcast.com.

About The Collector Car Podcast
The Collector Car Podcast is an automotive podcast where Greg Stanley interviews the experts, reviews recent auto auction trends and talks about cool car places he visits while traveling across the US. Greg reviews antique cars, classic cars, muscle cars, exotic cars, hyper cars, JDM cars, Porsches, vintage SUVs and anything else with four wheels and that makes noise. If you like the Smoking Tire, Spike’s Car Radio or Car Cast, this is for you! This automotive podcast is available on iTunes, Stitcher, Google Play and wherever podcasts are found.

Greg uses the Sports Car Market and Hagerty Valuation Guide for sourcing automotive insights, trends and data points.
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<![CDATA[042: Classic Motorsports' Tim Suddard]]>Thu, 21 Nov 2019 05:00:00 GMThttp://autosausage.com/blog/042-classic-motorsports-tim-suddard
Tim Suddard is the Publisher, Co-Owner and Co-Founder of the Classic Motorsports and Grassroots Motorsports magazines. Tune in to find out what event ignited his passion and decades long career in the automotive industry. Also find out which car he decides to Keep, Cash and Crush. Only on The Collector Car Podcast.

www.ClassicMotorsports.com
www.GrassrootsMotorsports.com
www.TheCollectorCarPodcast.com

The Collector Car Podcast is an automotive podcast where Greg Stanley interviews the experts, reviews recent auto auction trends and talks about cool car places he visits while traveling across the US. Greg reviews antique cars, classic cars, muscle cars, exotic cars, hyper cars, JDM cars, Porsches, vintage SUVs and anything else with four wheels and that makes noise. If you like the Smoking Tire, Spike's Car Radio or Car Cast, this is for you! This automotive podcast is available on iTunes, Stitcher, Google Play and wherever podcasts are found.

Greg uses the Sports Car Market and Hagerty Valuation Guide for sourcing automotive insights, trends and data points.
]]>
<![CDATA[041: Ray Shaffer's Keep, Cash and Crush!]]>Thu, 14 Nov 2019 05:00:00 GMThttp://autosausage.com/blog/041-ray-shaffers-keep-cash-and-crush
Revisit Ray Shaffer's answers for Keep, Cash and Crush. What cars did Greg pick for him? How about a Porsche 959 updated by Bruce Canepa, a 2015 Porsche 918 and the only "road going" Porsche 935? Which one would you Keep, Cash and Crush? Tune in to hear what Ray picks for each.

www.TheCollectorCarPodcast.com

The Collector Car Podcast is an automotive podcast where Greg Stanley interviews the experts, reviews recent auto auction trends and talks about cool car places he visits while traveling across the US. Greg reviews antique cars, classic cars, muscle cars, exotic cars, hyper cars, JDM cars, Porsches, vintage SUVs and anything else with four wheels and that makes noise. If you like the Smoking Tire, Spike's Car Radio or Car Cast, this is for you! This automotive podcast is available on iTunes, Stitcher, Google Play and wherever podcasts are found.

Greg uses the Sports Car Market and Hagerty Valuation Guide for sourcing automotive insights, trends and data points.
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<![CDATA[040: Mercedes Expert Pierre Hedary]]>Thu, 07 Nov 2019 05:00:00 GMThttp://autosausage.com/blog/040-mercedes-expert-pierre-hedary
​What was the last great Mercedes?  Which ones are appreciating in today's market?  Which ones should you avoid?  Mercedes Expert and Sports Car Market Contributor Pierre Hedary answers all and find out which Mercedes he Keeps, Cashes and Crushes!  Only on The Collector Car Podcast.  Listen weekly wherever you find your favorite podcast.
"The Collector Car Podcast is an automotive podcast where Greg Stanley interviews the experts, reviews recent auto auction trends and talks about cool car places he visits while traveling across the US.  Greg reviews antique cars, classic cars, muscle cars, exotic cars, hyper cars, JDM cars, Porsches, vintage SUVs and anything else with four wheels and that makes noise.  If you like the Smoking Tire, Spike's Car Radio or Car Cast, this is for you!  This automotive podcast is available on iTunes, Stitcher, Google Play and wherever podcasts are found.

Greg uses the Sports Car Market and Hagerty Valuation Guide for sourcing automotive insights, trends and data points.  "
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<![CDATA[039: Sports Car Preservation Ltd's Kurt Niemeyer]]>Thu, 31 Oct 2019 20:07:42 GMThttp://autosausage.com/blog/039-sports-car-preservation-ltds-kurt-niemeyer
​Kurt Niemeyer is all about preserving the authenticity of original classics including Jaguars, Ferraris, Alfas and Morgans to name just a few. His goal is to preserve the cars, the culture and the character of our automotive pass. Learn more about his collection, which cars he would Keep, Cash, Crush and more on The Collector Car Podcast!

​The Collector Car Podcast is an automotive podcast where Greg Stanley interviews the experts, reviews recent auto auction trends and talks about cool car places he visits while traveling across the US.  Greg reviews antique cars, classic cars, muscle cars, exotic cars, hyper cars, JDM cars, Porsches, vintage SUVs and anything else with four wheels and that makes noise.  If you like the Smoking Tire, Spike’s Car Radio or Car Cast, this is for you!  This automotive podcast is available on iTunes, Stitcher, Google Play and wherever podcasts are found.
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<![CDATA[038: Ray Shaffer is the Market Development Manager for Porsche Classic]]>Thu, 24 Oct 2019 04:00:00 GMThttp://autosausage.com/blog/038-ray-shaffer-is-the-market-development-manager-for-porsche-classic
​Who wouldn't love working on ultra-rare works of rolling art on a daily basis? Ray's love for rear-engined autos goes back to his very first car which was a Chevy Corvair. Today, after a few stops that included a cherished Fiero, Ray is the Market Development Manager for Porsche Classic. Join The Collector Car Podcast to hear more about Ray's love of all things automotive.

​The Collector Car Podcast is an automotive podcast where Greg Stanley interviews the experts, reviews recent auto auction trends and talks about cool car places he visits while traveling across the US.  Greg reviews antique cars, classic cars, muscle cars, exotic cars, hyper cars, JDM cars, Porsches, vintage SUVs and anything else with four wheels and that makes noise.  If you like the Smoking Tire, Spike’s Car Radio or Car Cast, this is for you!  This automotive podcast is available on iTunes, Stitcher, Google Play and wherever podcasts are found.
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<![CDATA[037: Kids Say the Darndest Things...about CARS!]]>Thu, 17 Oct 2019 04:00:00 GMThttp://autosausage.com/blog/037-kids-say-the-darndest-thingsabout-cars
​Join Greg Stanley as he reads letter from kids about their first experience in a classic car. Provided by the Lane Motor Museum, these letters were written as a part of their Then & Now exhibit.

Greg will also review a few fun automotive facts from this day in history including the longest tow and the longest skid marks. Hint, they were not made by anything you could buy at the local car lot. Past episodes are available wherever podcasts are found.

​The Collector Car Podcast is an automotive podcast where Greg Stanley interviews the experts, reviews recent auto auction trends and talks about cool car places he visits while traveling across the US.  Greg reviews antique cars, classic cars, muscle cars, exotic cars, hyper cars, JDM cars, Porsches, vintage SUVs and anything else with four wheels and that makes noise.  If you like the Smoking Tire, Spike’s Car Radio or Car Cast, this is for you!  This automotive podcast is available on iTunes, Stitcher, Google Play and wherever podcasts are found.
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<![CDATA[Fox Body Mustang Market Trends]]>Fri, 11 Oct 2019 04:00:00 GMThttp://autosausage.com/blog/fox-body-mustang-market-trends
Thanks for checking out my blog.  I've had a few great comments and I apologize if I haven't responded to a few of them.  My website builder, Weebly, makes it about impossible to respond if not done as soon as it is posted.  I will do my best to stay on top of this.

If you are a Fox body Mustang Expert, please let me know and tell me where you agree, disagree or have additional comments around this podcast!
​Welcome to The Collector Car Podcast.  Today I am going to review the market trends of Fox Body Mustangs, see which ones have appreciated the most in the last three years, review the Dennis Collin’s collection and see if it was a better investment than the stock market.  And I will recommend which ones you should buy now.

If you are more of a visual person, be sure to check out this podcast on our YouTube channel where you will see all of the charts, graphs and data I talk about during this Fox Body Mustang Market Moment.  First off I’d like to thank Sports Car Market for providing a Platinum Database subscription.  This gives me even more data to dig into which you will see momentarily.  I will have our first ad for the podcast in SCM’s December issue so be sure to keep an eye out for it.  As always, you can see all of the cool car places I visit while traveling across the US on Instagram at The CollectorCarPodcast.  Be sure to click on the Instagram Stories as I have been posting more videos there and they are only available for 24 hours. 
A transcript of this episode will be posted as a blog on www.TheCollectorCarPodcast.com with all of the hyperlinks activated so you can explore and read the websites and articles I mention.  So now onto some cars! 
I have a love for all things Mustang.  You can see my taproot car by watching the Simpler Times Petrolicous video which features my 1966 Mustang I sold a little over a year ago.  My taproot car is the 1966 fake GT convertible you can see in one of the pictures and next to it is a pic of me with my first car…a 1968 Mustang coupe.
While I was falling in love with the First Gen Mustangs, two buddies received new GTs when they graduated in 1989.  One white and one black.  Bret and Jason…I hated those guys😊  Just kidding…Bret still has his last I heard.
A 1986 Fox Body Mustang GT was the first Mustang and the first 5.0 Mustang I ever drove.  This one is my taproot Fox Body Mustang.  It was during college…Ken Rinaldi, RA at Cash Hall in Tallahassee Florida owned it.  I drove it in the underground garage so the stock exhaust sounded more menacing that it really was…and I loved it.  I don’t recall ever driving it again but it made an impression.
The Fox body Mustangs have two distinct sub-classes.  The 1979-1986 quad headlight and the 1987-1993 square headlight mustangs.  There are more differences to mention as well.
The Quad-Headlight cars had carburetors except for 1986 where fuel injection was introduced.  They were powered by a variety of 4, 6 and 8 cylinder engines which were all low on power.  These cars are more difficult to restore as there is not a strong aftermarket parts supplier.
The square, or single headlight, Mustangs from 1987-1993 had less variation over the years and improvements were focused around increasing the horsepower of the 5.0 litre V8.  These were hot-rodded like crazy and it is difficult to find an unmolested, original one today.
For the purposes of this evaluation, I am not including Capris, Roushes, McLarens, SSP, or other non-factory cars with the exception of Saleens.  Why Saleens?  Because enough of them are sold that we have data available to review them and their trends in the market are pretty strong so I wanted to be sure to review them.
Fox Body Mustangs are finally getting their due in the marketplace.  Recent and very visible results include the collection of Fast and Loud’s Dennis Collin’s that were recently sold off at two different auctions.  Dennis auctioned off five Fox Body cars in 2017 which averaged $54,340 and 18 cars in 2018 which averaged $29,752.  These results were record breaking and made national headlines at the time.  Expecially the 7-Up convertible that sold for over $80,000.
https://www.fordmuscle.com/news/collins-foxbody-collection-sells-solid-numbers-arizona/
2018 Collection
1.1993 Mustang LX Convertible with 340 miles sold for $53,900
  1. 1993 Mustang LX Triple-White Feature Car sold for $45,100
  2. 1993 Mustang GT Convertible with 1,334 miles sold for $44,000
  3. 1992 Mustang GT Convertible sold for $44,000
  4. 1984 Mustang GT350 sold for $37,800
  5. 1983 Mustang GT hatchback sold for $33,000
  6. 1986 Mustang SVO sold for $33,000
  7. 1990 Mustang LX coupe sold for $33,000
  8. 1987 Mustang GT convertible sold for $27,500
  9. 1988 McLaren Mustang sold for $27,500
  10. 1989 Mustang GT Hatchback sold for $27,500
  11. 1979 Cobra with 16k miles sold for $19,800
  12. 1982 Mustang GT with T-Tops and 12k miles sold for $22,000
  13. 1983 Mustang GT with 6,303 miles sold for $33,000
  14. 1983 Mustang GT with 14,682 miles sold for $19,800
  15. 1983 Mustang GT with 8,138 miles sold for $22,000
  16. 1984 Mustang GT with 16,537 miles sold for $18,700
  17. 1984 Mustang GT350 with 1,404 miles sold for $30,800
2017 Collection
1.1989 Mustang 5.0 LX Hatchback with 640 miles and never dealer prep sold for $71,500
  1. 1990 Mustang 7-Up Convertible with very rare 7-Up bottles sold for $82,500
  2. 1993 Triple-white Mustang convertible with only 165 miles sold for $44,000
  3. 1985 Mustang SVO with only 7 miles sold for $63,800
  4. 1983 Four-Eye Mustang convertible six cylinder with under 9,000 miles sold for $9,900
https://www.fordmuscle.com/news/six-mustangs-shatter-world-records-at-barrett-jackson-2017/
I will review these more in depth in a moment.  It may look like these have sold for a lot of money, and they did, but I’m going to dive into the numbers and see which one really was a good investment.  To do this, let’s look at the market as a whole first. 
My data is from Sports Car Market’s Platinum database.  For the entire run of Fox Bodies, the Average Price by Auction Year went up 268.1% which sounds really amazing.  However, the first year of record was 1993 and the average price was under $5,000.  By 2019, the average price was $18,000.  There are a lot of factors in this including more cars coming to auction, inflation and the growth of the auction industry.
If you break out the 1979-1986, quad car, Mustangs you see where most of this growth is coming from.  The average went from less that $4,000 to around $14,000 which represented a 241.8% increase.
For the later cars, the growth is only 40% but that is against a much higher auction result price of $13,000 and it ended around $18,000.  That means they depreciated less after the initial purchase so the gains were not has significant.
When we look at the values for particular models, the data gets even more interesting.  Over its entire run, the base GT has increased it’s auction price from just over $10,000 to around $26,000 which is a 120.4% change.
The value of a base GT for quad cars is $16,000 and for square stangs it is $20,000.  The Cobras are another story.  The quad Cobras average value is $22,000 while for the square Cobras it is just over $50,000.  The 1993 Cobra R is a real standout with its value for #1 condition being around $95,000.  Cobra R #73 with only 589 miles sold for $132,000 in April of 2019.
Now let’s look at what has appreciated in the last three years.  I am going to review these from the lowest to the highest increase in value.  For a baseline, I picked my taproot car, a 1986 GT, which has not appreciated much at all at only 0.6%.
The 1984 MUSTANG G.T. 350 grew 4.5%
Celebrating 20 years of the Mustang brought about another limited edition that payed tribute to the classic Mustang G.T. 350 of 1964. These cars, which were all based off of a standard 1984 Mustang (Hatchback or Convertible), were built in just 35 days and featured an Oxford White exterior with red trim and a red interior. Of the 5,260 anniversary Mustangs made available, only 104 Turbo GT350 convertible models were created, each featuring the 2.3L turbocharged engine option. In all, it’s been reported that only 350 of the cars, both hatchback and convertible, featured the turbo engine.
The 1979 INDIANAPOLIS 500 PACE CAR grew 10.3%
For the first time since 1964, the Mustang had been selected to pace the Indianapolis 500 and it did it wearing a special themed livery and an assortment of exclusive parts. The popularity of the car sparked the creation of a limited run of replicas that mimicked the three original examples.Available with exclusive options like Recaro buckets and the metric sized TRX wheels this rare fox was highly desirable and saw a total production of 10,478 examples in the 1979 model year
The 1986 SVO grew 16.3%
Of most interest to collectors is the SVO (Special Vehicle Operations) version of the turbocharged four-cylinder, which squeezed 175–205 horsepower out of the 2.3-liter mill from 1985–86. The Mustang SVO also came with a more aggressive suspension setup, a limited-slip rear differential, four-wheel disc brakes, and unique rims, a special hood, and a blocked-off grille..
The 1985 GT Convertible grew 19.5%...last of the carburetor cars.
The 1992 5.0 Convertible grew 23.9% which I put in here because of two special edition variants.
  • 1990 7-UP MUSTANG CONVERTIBLE
    • After a failed Marketing contest idea by 7-Up Bottling Company, Ford was left with a concept, a car, and nothing special to do for the Mustang’s 25th Anniversary which in turn birthed the 1990 Special Edition Convertible! Dubbed the 7-Up Edition by enthusiasts, this LX convertible featured GT Turbine Wheels, White top/interior, and coated in a beautiful shade of Emerald Green Paint. Ford only produced 4,103 “7-Up” models in 1990, but it was enough to stimulate sales and carry the Mustang through the Anniversary year with ease!
  • 1992 MUSTANG "SUMMERTIME"
    • Another Ford “Feature Car” (the Vibrant Red 1992 “Summer Special”) was produced with the same purpose of the “7-Up” and was released during a time of struggling sales to boost sales numbers. Offered with a special appearance package, this car featured body color trim, white top, white pony wheels, sport style spoiler, and a white/black interior combo to attract young buyers and bring customers into Ford Showrooms. Only 2,193 units were produced in 1992 which only adds value to it’s tasteful appearance and makes it highly sought after!
The 1993 Saleen SC Hatchback grew 24.2%
The 1993 Saleen SC Convertible grew 28.7%...only five made…two convertibles and three coupes.
The 1993 Cobra grew 29.8%.
The 1993 Cobra R grew 30.5%.  This is a souped up Cobra with a stronger suspension, bigger wheels and tires and brake upgrades.  With just a little more horsepower. It had no fog lights as these were removed so more air could funnel into the engine and only 107 were built.  They also lack creature comforts as the A/C was deleted as well as the rear seat and all power options which saved over 400 pounds.
Additional ones to watch out for…
1985-86 SAGE GREEN SVO "4E"
There were only 47 SVO Mustangs with Sage Green paint, between 1985 and 86, and of those 20 were made and marketed as Hertz rental cars.
1980-81 MUSTANG COBRA because it had an optional 2.3 Turbo in 1980 this car made 132 hp and 142 lb-ft of torque all while sporting a wild graphics package complete with a blazing Cobra on the hood. This car was a part of Ford’s push to try and make their smaller displacement engines a driving force in the industry, but the 302 inevitably returned in 1982.
Now let’s talk about Dennis’ collection.  When you crunch the numbers, the record-breaking prices were a losing proposition.  Let me preface this by saying, I don’t know how or when he bought them.  The data I’m about to review, compares investing money in a new Mustang verse putting it in the stock market.  For example, if you invested $1 in the stock market in 1983 it would be worth $8.74.  The original list price for a 1983 Mustang GT was $9,328.  So if instead of buying a new 1983 Mustang and squirreling it away as an investment hoping to sell it one day at a huge profit, you invested the $9,328 in the stock market, in 2019, it would have grown to $81,489.13.  In this example, Dennis’ Mustang sold for $33,000 which seems like a win until you realize that you would have $48,000 more if you invested in the stock market.  And this doesn’t factor in car insurance or the cost to store it for so many years.
So how did Dennis fair?  If he bought all of these new, he invested $310,789.  After the dust settled from both auctions, he netted out $834,200 not counting auction fees which we are not going to worry about for this example.  That means his initial investment had a 168.4% return which sounds great right?  Wrong!  If he had invested the same amount of money in the stock market, he would have netted out $1,708,521.47 which would have been a 449.7% return!  The only car that came close to making a better return was the record-breaking-unrepeatable 7-UP convertible that sold for $82,900.  Even in this example, the stock market would have given you $101.33.
What’s the message here?  Don’t be a speculator!  Buy what you love and drive the heck out of it!!
So what would I recommend to buy now?  Buy the Turbos!  As more and more of today’s cars become turbo powered, enthusiast will want the original turbos for their collection.  It will be about the technology and not the power.  Buy up the SVOs, ’84 GT350s and Cobra Turbos wherever you can find them.  And this is not limited to Mustangs.  Check out the trend on the turbo models of the BMW 2002, Toyota Supra and Porsche 944 and you will see where the Mustang trends will be going.
The Cobra Rs and Saleen SCs will always be worth a lot so do not expect them to decline.  Even as the currently market is declining, I think these will hold their value as the generation that love these is aging and acquiring more disposable income.  And buy your Tap Root Mustang!  I will always be on the look out for a red 1986 GT.
That is all for this week’s market moment!  Agree, disagree or need to correct me on an errant fact?  Respond to my blog, comment on Instagram or DM me directly…I will respond!  As always, keep your foot on the gas and the tires pointed straight.  I’ll talk to all of you next week.
Reference articles
https://www.hagerty.com/articles-videos/articles/2017/04/20/fox-body-collector-car
https://lmr.com/products/rare-fox-body-mustangs
http://www.mustangandfords.com/news/mump-0812-best-fox-mustang-buys
https://www.hagerty.com/articles-videos/articles/2018/11/27/fox-body-buyers-guide
https://www.barrett-jackson.com/Events/Event/Details/1990-FORD-MUSTANG-CONVERTIBLE-202151
The Hagerty valuation team has been predicting it for years. So when a 1990 7Up Edition Mustang 5.0 LX (albeit one with 15 miles on it) sold for $82,500 at Barrett-Jackson in Scottsdale this past January, it was pretty clear that the car had arrived as a genuine collectible.
https://www.fordmuscle.com/news/dennis-collins-to-auction-18-pristine-fox-mustangs/
 
https://www.americancarcollector.com/profile/1993-ford-mustang-cobra-r

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<![CDATA[The automotive adventure continues...]]>Tue, 10 Sep 2019 01:11:30 GMThttp://autosausage.com/blog/the-automotive-adventure-continuesBeing such an enthusiast, I’m always keeping an eye out for new and interesting cars. Not to buy...I wish, but to enjoy. This was a banner week for a few reasons. The car that really sticks in my mind is a 2002ish BMW M5 that followed me out of Kroger a few days ago. It immediately almost got into an accident...no fault of the owner. He then passed me and pulled into a local restaurant. Of course, I pulled into say hi! It turns out his dad bought it new and it only has 38,000 miles. Knowing I could not afford it I asked him if it was for sale...you know, for a friend. It was not as he bought if from his dad for one dollar and was going to keep it forever. He was scheduled for some spruce up work at Enthusiast Auto Group so I had to text Eric, the owner, that I was drooling on one of his customers’ cars. Check out my Instagram feed for the pics.

I was back at Opie’s for his Cars & Coffee Saturday with a bunch of guys from my church. I’m the “car ministry” guy who coordinates visits to cool places. This time I had four newbies and a caravan of five nice cars: VW R32, 1956 Thunderbird, 996 911, Subaru STI and a M4...a nice and diverse group! Opie hosted the Concours Dinner I recently posted about and I got a closer look at his “new to him” 1968 Shelby GT 500 KR. I have dream cars and then I have DREAM cars and that is one of them. The only way it could have been better if it was a convertible four speed:). I’ve owned three Mustangs and they all have been manual so I have to keep the tradition alive right?

Another weird car that caught my eye recently was a truck. I was in Chicago and checked out the Iron Horse Motor Condos outside of Naperville, IL. That place is insane and more to come on that one. Picture lofts with the bottom floor being your six car garage. Outside was these weird, glitter enhance, 1970s decorated, convertible Blazer with side pipes. I had no idea what was going on with it but I loved it! Totally nuts. See pics here. I'm posting a lot more using the Instagram Stories function so check that out if you want to see live videos.

I’ve recently become a Selling Agent for collectible cars. This happened organically yet I find myself representing three cars within a few weeks. The first is live on www.Bringatrailer.com now. It is an amazing 1965 Corvette convertible I’ve been chasing for four years. I ran across it while going for a walk and it wasn’t for sale. It is awesome because the same folks have owned it since April of 1965. They are great and I’ve come to know them very well. I tried to buy it last year and we agreed on a price yet they couldn’t let go of it yet. I get it. After owning it for 54 years, I get not being able to let it go. Well, they called me this Spring ready to sell but I already bought the Porsche...happy and sad moment all at the same time. I’m out but I offered to sell it for them. If you are in the market, this is a fabulously original Corvette that is a great buy.

Since then, I’ve agreed to help sell a preservation class, NCRS judged 1969 Corvette with a 427 and the earlier mentioned 1956 Thunderbird from the cruise to Opie’s. This is incredibly fun and I will do my best for these folks. Truly great cars that will be going on to new customers soon. Stay tuned for updates and keep your wheels straight on those burn outs!]]>
<![CDATA[Ferrari finds I can't unsee...]]>Tue, 27 Aug 2019 20:38:01 GMThttp://autosausage.com/blog/ferrari-finds-i-cant-unsee​I’m new to this whole blogging so consistency is something I will be struggling with so please bear with me. When we last spoke, I was visiting a few cool car places in Providence, RI. Next was Boston...well, western Bostonish. I visited a friend who will remain nameless for soon-to-be apparent reasons. He is active in the Ferrari world and shared a few mind-blowing pictures with me. The first was requests for an approximate value of a Ferrari just outside of Boston. It was a little red convertible in a one-car garage that was partially covered by a car cover. IT WAS A FREAKING 1958ish FERRARI 250 GT CALIFORNIA! From the pic, neither one of us could tell if it was a long or short wheelbase car but who cares right? We had just discussed the disappointing results on two California cars that were up for sale at RM Sotheby’s in Monterey last week. Now granted, the disappointing results were still in the $8M-$9M range. Estimates were $11M-$13M so that was a significant drop in valuation.

He quickly followed that image up with a barrage of pristine, 1960s, NOS Ferrari accessories. These were from someone else. They included a set of NEW-IN-THE-BOX 1967 Ferrari Borrani wheels, two Ferrari tool kits and 1967 Ferrari literature. For reference, the tool kits can bring as much as $25k each. These might be on the market soon as he is trying broker a deal to sell them.

If you’ve followed my Instagram for a while, your know that I come across some really cool stuff on my travels: a 427 SOHC Ford racing engine in the box, a Boss 429 engine, a new 1966 Paxton supercharger, wrecked AC Cobras...yet, these pics eclipsed them all! Stay tuned to see what happenings.

One of my favorite stops while in Boston is to Copley Motorcars. They always have amazing cars and are welcoming to paparazzi such as myself. The best car there on this visit was a 1995 Ferrari F50 in the back that was the second one produced. I never though these were great looking cars but they are aging well. I remember the first time I saw on GA 400 north of Atlanta. It was back when the toll booths were still up and this F50 floored it as it exited. It was amazing.

Back in Ohio, I went to the Bellefontaine Hill Climb this past Saturday. I wasn’t sure what to expect and it was pretty cool. I took my dad and there wasn’t a lot of spectator parking so we had to hike out way a bit to get to the beginning of the hill climb. I was there to say hi to Dick Weiss who won it in 1962 in his Porsche Carrera Speedster which he still owns! He will be a guest on The Collector Car Podcast soon. He was the Grand Marshall this year and we got there just in time to see him launch up the hill. Check it out here.

With my 1999 996 back to 100%, I took it out for a proper thrashing on the local roundabouts Sunday. Sure, it is not the fastest Porsche out there but for my first one, it is awesome. I miss the ‘66 Mustang frequently but going for a blast down Cin-Day makes me miss it a little less.

I attended a Concours Dinner at Horsepower Farm Saturday afternoon and drove the Toyota FJ...a new one, not old even though I’d love to have matching FJs! The host, Opie, has a great collection of 1960s big blocks and just acquired a 1968 Shelby GT 500KR...my dream car. He said it was his but he has been known to joke around a bit so I told him he was lying. I had to go to his wife to get the real deal and she confirmed it was theirs. They bought it from a woman who owned it for over 50 years.  It’s in a great home as Opie is fastidious about his collection and never sells anything.
The last note, if you listen to this week’s podcast, you will hear about a barn-find Speedster somewhere near Indianapolis.  I am hot on its trail and I will keep you updated.
Keep it straight and keep it safe,
Greg Stanley]]>
<![CDATA[I'm beat!]]>Thu, 22 Aug 2019 01:01:55 GMThttp://autosausage.com/blog/im-beatWow, hosting two podcasts is exhausting!  My career podcast for kids, Learn From Others, is doing well and kind of on cruise control except for editing.  I'm so tired of deleting "ums", "likes" and moments of silence but I gotta do what I gotta do.  This auto podcast is so much fun!  But I'm stumbling on great opportunities for content...there is SO MUCH I WANT TO COVER!  Just over the last two days I stopped in on a repair/restoration shop for mostly British cars called Kane Motorcars.  A cool Stag and Healey 3000 was outside and a Porsche 912 and Sunbeam Tiger inside!  That is just the tip of the iceberg and pics are on Instagram.  They will be a guest one day.

Then I stopped by a legit restoration shop that was working on such high-end cars I was not allowed to take any pictures...except for this one.
The stuff in the back was crazy and I told the owner I needed a bib for my drool.  Hopefully he will be a guest soon.

Today I stopped by Copley Motorcars on my way to my hotel and it is one of my favorite spots to visit in the Boston area.  A lot of 993s, Ferraris and Defenders.  Pics coming to Instagram and Facebook soon so stay tuned.

I also talked to the folks at J. White who specialize in restoring Land Rovers.  Great folks and I may visit tomorrow if time permits...another possible guest.

Who do you want me to talk too? If you know of someone, shoot me a note and I will follow up.  So much fun stuff to do!  Thanks again, Greg
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<![CDATA[026:  The Ugliest Cars @ Monterey]]>Mon, 12 Aug 2019 04:00:00 GMThttp://autosausage.com/blog/026-the-ugliest-cars-monterey
Hey folks, today I’m going to review the ugliest cars at Monterey Car Week.  There are some REALLY interesting cars coming up for auction that…make my eyes hurt.  These are ugly cars that still somehow end up being awesome.  So in no particular order…here we go.
1927 FORD "CALIFORNIA STAR" (Mecum)
One of the few fully-custom, completely hand-built cars in the Blackie Gejeian collection, the California Star stands out from any crowd it finds itself in for a long list of reasons ending with a well-documented controversy surrounding its entry into the 1984 America’s Most Beautiful Roadster competition at the famed Oakland Roadster Show.
  • GREG’S DESCRIPTION – picture a red doorstop with wheels and a Remington electric razor grill
  • ESTIMATE - $100,000 - $150,000
  • HIGHLIGHTS
    • Designed by Don Verner and built by Ron Covell
    • 1984 America's Most Beautiful Roadster award winner
    • 2 1/2 year collaboration and custom design from a clean slate
    • The fabrication of the body, tube chassis and suspension took 2,400 hours to complete
    • One of the first mid-engine street rods
    • Hand-formed aluminum body
    • True racing car suspension geometry and space frame chassis
    • Ferrari Red paintwork by Bob Acosta
    • Tan Connolly leather interior by Dave Putnam
    • Turbocharged Chevrolet V-6 engine
    • Automatic transmission
    • Rotors from Strange Engineering
    • Wilwood calipers, Spax shocks
    • Porsche 911 rack and pinion steering
    • Custom radiator and support
    • Custom front tilt hood
    • Stainless steel exhaust
https://www.mecum.com/lots/CA0819-381072/1927-ford-california-star/
 
1951 STUDEBAKER MANTA RAY (Mecum)
Featured in the February 1954 Issue of Rod and Custom
  • GREG’S DESCRIPTION – Cross-eyed Narwhale with an extra flipper.  Captain Nemo design theme that went pointy.
  • ESTIMATE - $200,000 - $300,000
  • HIGHLIGHTS
    • The famous Manta Ray custom built by Glen Hire and Vernon Antoine
    • Design inspired by Harley Earl's 1951 XP-8 Le Sabre
    • Featured in the February 1954 issue of Rod and Custom magazine
    • Displayed at the 2016 Amelia Island Concours as part of the Concepts Beyond Detroit Class
    • Featured in an episode of Chasing Classic Cars with Wayne Carini
    • Custom fiberglass body molded into 14 sections
    • 1951 Studebaker chassis chopped 3 inches in length from frame rails
    • Scratch-built nose cone
    • Triple tail lamps from a 1952 Lincoln
    • Originally equipped with a 232 CI Studebaker
    • Currently outfitted with Dual Quad Cadillac V-8 with a 3-speed manual transmission
    • Stewart Warner instruments and Plymouth speedometer
    • Cone-shaped steering housing with 1953 Lincoln wheel
    • Originally finished in Gold, refinished in a shade of Light Pink
    • The one-of-a-kind 1951 Studebaker Manta Ray went from vision to road-going reality at the hands of two North American Aviation Company employees from the guided missile and jet aircraft divisions. Inspired by Harley Earl's 1951 XP-8 Le Sabre and jet aircraft of the era, Glen Hire and Vernon Antoine poured more than 4,000 hours of sweat and tears into the project before the Manta Ray emerged from their home garage in Whittier, California, as a testament to their evolved design and engineering skills.
https://www.mecum.com/lots/CA0819-381149/1951-studebaker-manta-ray/
 
1933 CHEVROLET ALEX TREMULIS DESIGN CAR (Mecum)
Displayed at the 1933-34 Chicago World's Fair
  • GREG’S DESCRIPTION – A single-seat World War I airplane with the wings ripped off.  Propeller replaced with a manscaping razor and the whole thing has been underwater for 20 years
  • HIGHLIGHTS
    • Designed by Alex Tremulis
    • Displayed at the 1933-34 Chicago World's Fair
    • Documented with vintage photos of Tremulis in the car with Auburn-Cord-Duesenberg Chief Designer Gordon Buehrig
    • After Buehrig moved on from ACD, Tremulis became their new chief designer
    • Tremulis made an impact at ACD by adding the iconic chromed exhaust pipes that distinguished the supercharged Cord 812 from its naturally aspirated brethren
    • After ACD collapsed, Tremulis worked for General Motors and Briggs Manufacturing, which built bodies for Chrysler, Ford and Packard
    • Tremulis is best known for designing the 1948 Tucker
https://www.mecum.com/lots/CA0819-388751/1933-chevrolet-alex-tremulis-design-car/
 
2016 Ariel Atom 3S Roadster
  • GREG’S DESCRIPTION – A macho hummingbird that mated with a shrimp…exoskeleton visible
  • DESCRIPTION
    • Silver chassis, red / black body panels, carbon fiber wings.
    • Only 845 miles of gentle driving to break in the motor.
    • 365 Turbocharged horsepower and weighs just 1350 lbs.
    • Same power to weight ratio as La Ferrari or McLaren P1!
    • One owner, never tracked, fully street legal.
    • 2.4L i-VTEC Honda motor with turbocharger. 365HP/310 lb/ft.
    • 3.7 lbs./HP. 0-60 MPH under 2.8 seconds.
    • Alcon brakes, JRI adjustable dampers, Toyo R888 tires.
    • 6-speed synchro-mesh trans with limited slip differential.
    • Adjustable traction control and brake bias.
    • Full glass windscreen, Lexan clear side panels.
    • Carbon fiber adjustable front and rear wings.
    • F/R towing hooks, integrated fire extinguisher system.
    • Custom seat padding, floor mats, CF instrument panel.
    • MSRP $98,650.
https://russoandsteele.com/vehicle-details/?show_vehicle=174593&current_index=0&total_results=93&tsauction_id=203&=&caryear=&caryearto=&search_text=&page=featured&showpage=10
 
1953 Allard J2X Le Mans
  • Greg’s Description – Pug nosed, long-hood, asymmetric with a goiter profile.  Everything other than the hood is perfect!
  • Estimate: $450,000 - $600,000
  • Description
    • Extraordinarily Rare J2X Le Mans, One of as Many as 13 Built
    • Offered from Single Family Ownership of More than 60 Years
    • Extensive Period Racing History, Including the Pebble Beach Road Races
    • Restored in the 1970s by Racing Dynamics West and Raced at the Monterey Historics
    • An Important Car Eligible for Exclusive Vintage Racing Events and Tours Worldwide
    • 331 CID Chrysler OHV Hemi V-8 Engine
    • Twin 2-Barrel Carburetors
    • Estimated 350 BHP
https://www.goodingco.com/vehicle/1953-allard-j2x-le-mans/
 
1952 Siata 208 CS 2+2 Berlinetta with Coachwork by Carrozzeria Bertone
  • Bonhams at the Quail Lodge
  • GREG’S DESCRIPTION – This is a Siata Butterface.  Gorgeous car that was hit with the ugly stick in the grill.  Picture Sony’s nose on Cher’s face.
  • ESTIMATE - US$ 850,000 - 950,000
  • DESCRIPTION
    • 1,996cc OHV All-Alloy V-8 Engine
    • Twin Weber DCF/3 Carburetors
    • 125bhp at 6,000rpm
    • 4-Speed Manual Gearbox
    • 4-Whee Independent Coil Spring Suspension
    • 4-Wheel Finned Alloy Drum Brakes
    • *A unique one-off creation
    • *Shown at the New York and Paris Motor Shows
    • *High quality restoration
    • *Italian V8 power
https://www.bonhams.com/auctions/25221/lot/141/?category=list&length=224&page=1
 
Runner-Ups
1948 Willys Jeepster Pro-Street Roadster
https://russoandsteele.com/vehicle-details/?show_vehicle=174404&current_index=2&total_results=93&tsauction_id=203&=&caryear=&caryearto=&search_text=&page=featured&showpage=9
2019 McLaren Senna
$1,350,000 - $1,650,000
https://rmsothebys.com/en/auctions/mo19/monterey/lots/r0134-2019-mclaren-senna/790242
1947 DELAHAYE 135MS FIGONI ET FALASCHI NARVAL CABRIOLET
https://www.mecum.com/lots/CA0819-381093/1947-delahaye-135ms-figoni-et-falaschi-narval-cabriolet/
 
Thanks for joining us again this week!  I’ll talk to you again next week!
About The Collector Car Podcast
The Collector Car Podcast is an automotive podcast where Greg Stanley reviews recent auto auction trends, provides updates on who is leading The Collector Car Contest and talks about cool car places he visits while traveling across the US.  Greg reviews antique cars, classic cars, muscle cars, exotic cars, hyper cars, JDM cars, Porsches, vintage SUVs and anything else with four wheels and that makes noise.  If you like the Smoking Tire, Spike’s Car Radio or Car Cast, this is for you!  This automotive podcast is available on iTunes, Stitcher, Google Play and wherever podcasts are found.
Greg uses the Sports Car Market and Hagerty Valuation Guide for sourcing automotive insights, trends and data points. 
Best Car Podcast, Best Automotive Podcast, Podcastone Automotive, iTunes Automotive Podcasts
 
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<![CDATA[025:  Ferrari Brand Ambassador Adam Jaklitsch]]>Thu, 08 Aug 2019 04:00:00 GMThttp://autosausage.com/blog/025-ferrari-brand-ambassador-adam-jaklitsch
Click image to play podcast

​​About The Collector Car Podcast
The Collector Car Podcast is an automotive podcast where Greg Stanley reviews recent auto auction trends, provides updates on who is leading The Collector Car Contest and talks about cool car places he visits while traveling across the US.  Greg reviews antique cars, classic cars, muscle cars, exotic cars, hyper cars, JDM cars, Porsches, vintage SUVs and anything else with four wheels and that makes noise.  If you like the Smoking Tire, Spike’s Car Radio or Car Cast, this is for you!  This automotive podcast is available on iTunes, Stitcher, Google Play and wherever podcasts are found.
Greg uses the Sports Car Market and Hagerty Valuation Guide for sourcing automotive insights, trends and data points. 
Best Car Podcast, Best Automotive Podcast, Podcastone Automotive, iTunes Automotive Podcasts

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<![CDATA[024:  The Best Car at each Auction House @ Monterey]]>Thu, 01 Aug 2019 04:00:00 GMThttp://autosausage.com/blog/024-the-best-car-at-each-auction-house-monterey
Hello Auto Enthusiast!  Welcome to the newly renamed Collector Car Podcast.  I’m digging deep into Monterey Car Week and on today’s podcast I review the best car at each of the different auction houses.  I’ll review the cars coming up for sale at RM Sotheby’s, Gooding, Mecum, Worldwide and Russo & Steele.
I will be posting new podcasts every three or four days leading up to the big weekend.  The next podcast is “The Ugliest Cars @ Monterey That are still Awesome”.  Before anyone gets upset, be sure to hear that…that are still awesome…they just hurt my eyes.  If you’ve been on The Collector Car Podcast website, you know the cover art for this episode includes a McLaren Senna.  Be sure to listen to see where that one falls.
For this episode, the six cars I’ve picked from each of the auction houses are also the cars for The Collector Car Contest that is open now.  If you guess the closest total bid price, you win about $200 worth of Star Wars autographs.  Go to thecollectorcarpodcast.com for more details.  A quick reminder on how this contest works.  You enter what you think they will sell for on the Contest tab and watch the auctions!  The winner will be announced on this podcast the following week.  To play, you will have to enter your email address, but I will not spam you!  If a car doesn’t sell, I will use the highest bid that is nd published by the auction house.  Whoever has the lowest total difference from the total price for all six cars wins!  A quick congratulations to “Crutz” for winning Contest #6.  He won $240 worth of beef jerky, dog treats and car care items.  A special thanks to our sponsors for that contest…Tillamooka, Black Magic and Cosmo Snak Shack!
Here are the top cars for Monterey with my analysis for the contest.  I’m launching the YouTube channel now so if you are more of a visual person, you can see what I’m talking about there.  All of the links will be on my blog at TCCP.com.
 
The Best Car from RM Sothebys and the ENTIRE AUCTION!
How much will the 1939 Porsche Type 64 (Lot F83) sell for?
  • Greg’s Estimate Range: $25M-$35M
    • Condition #4
    • Comments – The only one and unrepeatable
    • Official Guess – $27.8M
    • Top Bid/Final Hammer Price – $
    • Post Auction Comments –                          
  • Valuation
    • Hagerty Condition #1 - NA
    • Hagerty Condition #3 - NA
    • Hagerty 3 Year Sales Trend – NA
  • Auction Link – https://rmsothebys.com/en/auctions/mo19/monterey/lots/r0031-1939-porsche-type-64/776606
  • Description
    • The antecedent of Porsche’s historical evolution
    • The first and sole remainder of the three examples believed completed
    • Personal car driven by both Prof. Dr. h.c. Ferdinand Porsche and his son Ferry Porsche
    • The oldest car to ever wear Porsche’s iconic wide-font script badge
    • Owned for 46 years by the successful private racing driver Otto Mathé
    • Raced in Austria from 1949 to 1953; class win at the 1951 Austrian Alpenfahrt
    • 70-year documented chain of three private owners since the Porsche family
    • Sympathetically freshened to highlight its extreme originality
    • Recently and thoroughly inspected by Porsche specialist Andy Prill
    • The most historically important Porsche ever publicly offered
 
The Best Car from Mecum
How much will the 1954/1959 FERRARI 0432M (Lot F113) sell for?  This is Dana’s car!
  • Greg’s Estimate Range: $5.5M - $7.2M
    • Condition #2
    • Comments – Big Ferrari with convoluted past will still sell for big money!
    • Official Guess – $
    • Top Bid/Final Hammer Price – $
    • Post Auction Comments –
  • Valuation
    • Hagerty Condition #1 - $10.8M for ’59 250 GT SWB, ’54 Europa $2M
    • Hagerty Condition #3 - $9.4M, $1.75M
    • Hagerty 3 Year Sales Trend – down
  • Auction Link – https://www.mecum.com/lots/CA0819-380992/19541959-ferrari-0432m/
  • Description
    • Chassis type 504
    • Engine type 11/ (engine described on assembly sheets as ”Prototipo 250/GT”)
    • Gearbox type 50 1/279 internal #6/MD
    • Pinin Farina Job #12594
    • The Prototipo 3.0L short-block Colombo V-12 engine in 0432M was the prototype for the 250/GT, thus the basis for the 250 GT Tour de France, 250 Testa Rossa, 250 SWB and 250 GTO. This is a very important engine in Ferrari’s history. This new engine helped usher in a romantic golden era of touring/racing success that has helped make Ferrari the world’s most powerful brand to this day.
    • Ferrari 250 Monza PF Spyder
    • 1959 Reconfigured by Ferrari with pontoon fenders
 
The Best Car from Russo & Steele
How much will the 1965 Shelby Cobra Roadster 289 (Lot 8120) sell for?
  • Greg’s Estimate Range: $
    • Condition #1
    • Comments – Great car with great colors will bring a strong price
    • Official Guess – $950k
    • Top Bid/Final Hammer Price – $
    • Post Auction Comments –
  • Valuation
    • Hagerty Condition #1 - $1.35M
    • Hagerty Condition #3 - $925k
    • Hagerty 3 Year Sales Trend – Slight down
  • Auction Link – https://russoandsteele.com/vehicle-details/?show_vehicle=174499&current_index=0&total_results=93&tsauction_id=203&=&caryear=&caryearto=&search_text=&page=featured&showpage=1
  • Description
    • Desirable late-production model w/ rack-and-pinion steering
    • Original colors of red with black leather interior
    • Recent, comprehensive restoration to factory specifications
    • Complete and extensive ownership history since new
    • A “clean” documented history in the Shelby American Registry
    • 2017 Hilton Head Island Concours d’Elegance – Palmetto Award
    • Accepted and shown on the field at Amelia Island in 2018
    • Retains ORIGINAL tag from AC CARS Ltd. w/ proper stampings
    • Extensive and exceedingly rare Factory Documentation:
    • Photo of car brand new w/ original owner in the summer 1965
    • Original Shelby American order sheet specific to CSX 2328
    • Original customer copy of the bill of sale & canceled check
    • Factory brochure, factory invoices, & photos of restoration
    • Factory side vents, Ford electrics w/ Stewart Warner gauges
    • Fitted w/ BRAND NEW chrome wire wheels & Michelin XWX tires
 
The Best Car from Gooding
How much will the 1958 Ferrari 250 GT LWB California Spider (Lot 044) sell for?
  • Greg’s Estimate Range: $11.5 - $13.5
    • Condition #1
    • Comments – Not the best color but will bring big money
    • Official Guess – $
    • Top Bid/Final Hammer Price – $
    • Post Auction Comments –
  • Valuation
    • Hagerty Condition #1 - $15.3M
    • Hagerty Condition #3 - $12.4M
    • Hagerty 3 Year Sales Trend – Flat, slight down
    • Goodings Estimate Range: $11M - $13M
  • Auction Link – https://www.goodingco.com/vehicle/1958-ferrari-250-gt-lwb-california-spider-3/
  • Description
    • An Elegant Early Production LWB California Spider
    • Desirable Covered-Headlight Example with Period SCCA Racing History
    • Provenance Includes Noted Ferrari Collectors Gerald Roush and Tony Wang
    • No-Expense-Spared, Platinum Award-Winning Restoration by Motion Products Inc.
    • Matching Numbers, Ferrari Classiche Certified, and Documented by Marcel Massini
    • Offered with Books, Tool Roll, Restoration Records, and More
The Best Car from Bonhams
How much will the 1959 Porsche 718 RSK Center-Seat Spyder with Coachwork by Wendler (Lot 144) sell for?
  • Greg’s Estimate Range: $2.5M-$3.4M
    • Condition #2
    • Comments – Single seater will hurt and big ticket Porsches are declining slightly
    • Official Guess – $2.9M
    • Top Bid/Final Hammer Price – $
    • Post Auction Comments –
  • Valuation
    • Hagerty Condition #1 - NA
    • Hagerty Condition #3 - NA
    • Hagerty 3 Year Sales Trend – NA
    • Recent sales $2.8M-$3.8M
  • Auction Link – https://www.bonhams.com/auctions/25221/lot/144/?category=list&length=224&page=1
  • Description
  • Chassis no. 718-028
  • Engine no. 90220
  • 1,587cc DOHC Flat 4-Cylinder Engine
  • Dual Weber 46 IDM1 Carburetors
  • 150+bhp at 7,200rpm
  • 5-Speed Manual Transaxle
  • 4-Wheel Independent Suspension
  • 4-Wheel Hydraulic Drum Brakes
  • *OA Winner GP of Leopoldville and 1000 KN Buenos Aires
  • *One of just a handful Center-seat RSKs produced
  • *Highly original example retaining original engine, gearbox and bodywork
  • *Eligible for the most exclusive driving and concours events globally
 
The Best Car from Worldwide
How much will the 1955 ALFA ROMEO 1900C SS (Lot 26) sell for?
  • Greg’s Estimate Range: $320k-$390k
    • Condition #1
    • Comments – Single seater will hurt and big ticket Porsches are declining slightly
    • Official Guess – $345k
    • Top Bid/Final Hammer Price – $
    • Post Auction Comments –
  • Valuation
    • Hagerty Condition #1 - $418k
    • Hagerty Condition #3 - $202k
    • Hagerty 3 Year Sales Trend – Flat/slight down
  • Auction Link – https://worldwide-auctioneers.com/auctions/car-details/index.php?id=67&rid=2
  • Description
    • Highly desirable third Series 1900
    • Lightweight aluminum coachwork
    • Superb restoration, stunning design
    • Desirably optioned and road ready
    • Eligible for a plethora of rallies and events including the Mille Miglia
 
Thanks for joining us again this week!  I’ll talk to you again next week!
About Auto Sausage
Auto Sausage is an automotive podcast where Greg Stanley reviews recent auto auction trends, provides updates on who is leading the Auto Auction Guessing Game and talks about cool car places he visits while traveling across the US.  Greg reviews antique cars, classic cars, muscle cars, exotic cars, hyper cars, JDM cars, Porsches, vintage SUVs and anything else with four wheels and that makes noise.  If you like the Smoking Tire, Spike’s Car Radio or Car Cast, this is for you!  This automotive podcast is available on iTunes, Stitcher, Google Play and wherever podcasts are found.
Greg uses the Sports Car Market and Hagerty Valuation Guide for sourcing automotive insights, trends and data points. 
Best Car Podcast, Best Automotive Podcast, Podcastone Automotive, iTunes Automotive Podcasts
 
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<![CDATA[023:  Five Awesome Cars at Monterey that are not Ferraris or Porsches!]]>Thu, 25 Jul 2019 04:00:00 GMThttp://autosausage.com/blog/023-five-awesome-cars-at-monterey-that-are-not-ferraris-or-porsches
Hello gearhead, this is Greg Stanley and welcome to the newly renamed Collector Car Podcast.  My goal is to help you buy your dream car…wisely.  How do you do this?  Know the market trends so you do not get burned.
Today, I’m going to review the results of Game #7 and tee up the big Monterey Auction Game.
  • But first, I have to talk about Paul Newman’s Porsche…again.
  • Found 1963 IMSA racer
  • The Taj Garaj auction…I will be there.
  • In preparation for the Monterey Auction, I’m going to post multiple podcasts highlighting some of the awesome cars that will be sold in August.  Future episodes include:
    • Five Best Porsches, Exotic Cars, Ferraris and the Best Car from Each Auction House
    • Five Cars that will break records
    • Five Cars that will disappoint
1953 Alfa Romeo 6C 3000 CM Superflow IV
  • Coachwork by Pinin Farina
  • Estimate: $6,000,000 - $8,000,000
  • Chassis: AR1361.00128/Engine: AR1311.00508
  • *Please note that this vehicle is titled AR300000128
  • One of the Most Significant Postwar Alfa Romeos Extant
  • Exotic Competition Chassis Clothed in Spectacular Pinin Farina Coachwork
  • An Important Show Car Featured in Numerous Books on the Marque and Model
  • Displayed at the Paris, Torino, and Geneva Motor Shows from 1956 to 1960
  • Well-Documented Provenance; Owned by Noted Collectors for the Past 40 Years
  • First in Class at Pebble Beach Concours d’Elegance® and Best of Show at Salon Privé
  • 3,495 CC DOHC Inline 6-Cylinder Engine
  • Six Weber 48DOM Carburetors
  • 275 BHP at 6,500 RPM
  • 5-Speed Manual Gearbox
  • 4-Wheel Hydraulic Finned Aluminum Drum Brakes, Inboa
  • https://www.goodingco.com/vehicle/1953-alfa-romeo-6c-3000-cm-superflow-iv/
 
1939 Alfa Romeo Tipo 256 Coupe
  • Multiple Award Winner at the 2015 Pebble Beach Concours d’Elegance® | Raced in the 1940 Mille Miglia as a Tipo 256 Spider Siluro
  • One-Off Coachwork by Touring
  • Estimate: $2,750,000 - $3,500,000
  • Chassis: 915014
  • Engine: 923810
  • Rare Prewar Competition Alfa Romeo Developed by Scuderia Ferrari
  • Competed in Eight Races During 1939 and in the 1940 Mille Miglia
  • Fitted in 1941 with Elegant One-Off Coupe Coachwork by Carrozzeria Touring
  • Formerly Owned by Acclaimed Automotive Historian Angelo Tito Anselmi
  • Exquisite Restoration; First in Class, Mille Miglia Trophy, and Bulgari Award Winner at the 2015 Pebble Beach Concours d’Elegance®
  • Presented with Exhaustive History File, Owner’s Manual, Literature, and Tool Kit
  • 2,443 CC DOHC Inline 6-Cylinder Engine
  • Three Weber 36 DO2 Carburetors
  • 125 HP at 4,800 RPM
  • 4-Speed Manual Gearbox (Original)
  • 4-Wheel Hydraulic Finned Aluminum Drum Brakes
  • Front Independent Racing Suspension with Coil Springs and Hydraulic Shock Absorbers
  • Rear Swing-Arm Racing Suspension with Longitudinal Torsion Bars and Dampers
  • https://www.goodingco.com/vehicle/1939-alfa-romeo-tipo-256-coupe/
 
The Most Celebrated Modern Supercar: McLaren F1 'LM-Specification'
 
1984 Lancia Rally 037 Stradale
 
1967 Ford Mustang TransAm Car
  • Built by Kar Kraft in Detroit 1967 to win the SCCA Trans Am
  • Driven by Bob Johnson 1967 Trans Am race green Valley Texas
  • Driven by Don Sessler & Fred Van Buren at Mid Ohio 1967
  • This is 1 of 26 Notchbacks Kar kraft builtre to race in 1967
  • Has been a racecar since 1967 never titled or street driven
  • Complete restoration 2017-2018 2 hours race time on the car
  • Competes in the Historic Trans Am Series, gold medallion car
  • 289 cu in 2 Holley four barrels, Ford Race intake manifold
  • 3 sets of wheels (one set magnesium, one set alum and steel)
  • Documentation with Race log books and complete history
  • Spares include new set of race tires, original drivers seat
  • Car is race ready, legal SCCA, HMSA, HTA, SVRA vintage races
  • Competed in Rolex Monterey Historics for 5 years in Trans Am
  • 289 with 430 HP on engine dyno 2 hours run time on motor
  • Car is exactly the same livery and FIA homologation specs
 
Now onto the Collector Car Contest.  A quick reminder on how this contest works.  I pick five cool cars from an upcoming auction. You enter what you think they will sell for on the Contest tab at www.AutoSausage.com.  You will have to enter your email address, but I will not spam you!  If a car doesn’t sell, I will use the highest bid that is realized and published by the auction house.  Whoever has the lowest total difference from the total price for all five cars wins!
Here are the results of the Collector Car Contest #7 which focused on the Mecum Denver Auction
 
How much will the 1998 CHEVROLET CORVETTE PACE CAR EDITION (Lot F83) sell for?
  • Greg’s Estimate Range: $35,000-$45,000
    • Condition #1
    • Comments – Low mileage, perfect yet still gaudy pace car will get close to top estimate
    • Official Guess – $43,200
    • Top Bid/Final Hammer Price – $26,950
    • Post Auction Comments – Desperate seller takes a huge hit                        
  • Valuation
    • Hagerty Condition #1 - $44,100
    • Hagerty Condition #3 - $26,300
    • Hagerty 3 Year Sales Trend – Flat
  • Auction Link – https://www.mecum.com/lots/DN0719-377611/1998-chevrolet-corvette-pace-car-edition/
  • Description
    • Bloomington Gold Certified
    • NCRS Top Flight
    • Believed to be 4,200 miles
    • 6 speed
How much will the 1972 CHEVROLET K5 BLAZER CST (Lot F177) sell for?
  • Greg’s Estimate Range: $36,500-$45,500
    • Condition #3
    • Comments – Desirable K5 but in weird color will cool sales trend
    • Official Guess – $43,900
    • Top Bid/Final Hammer Price –  $41,800
    • Post Auction Comments – Sold as expected
  • Valuation
    • Hagerty Condition #1 - $78,600
    • Hagerty Condition #3 - $27,400
    • Hagerty 3 Year Sales Trend – Up hard last 12 months…almost doubled in price
  • Auction Link – https://www.mecum.com/lots/DN0719-377705/1972-chevrolet-k5-blazer-cst/
  • Description
    • 350 CI engine
    • New tires, no rust & new interior
    • Redone fiberglass top
    • Upgraded air conditioning & rebuilt transmission
    • New brakes, new front bushings & new paint
    • Believed to be 84,764 miles
    • Odd yellow color
How much will the 1964 VOLKSWAGEN 21-WINDOW DELUXE BUS (Lot S78) sell for?
  • Greg’s Estimate Range: $47,500-$62,000
    • Condition #1
    • Comments – Everything German and air-cooled is hot including slow vans and this one will hit close to the top valuation.
    • Official Guess – $58,750
    • Top Bid/Final Hammer Price – $100,000
    • Post Auction Comments – I missed the estimate on this one but it should have sold at the high bid                        
  • Valuation
    • Hagerty Condition #1 - $65,900
    • Hagerty Condition #3 - $21,700
    • Hagerty 3 Year Sales Trend – Flat
  • Auction Link – https://www.mecum.com/lots/DN0719-377936/1964-volkswagen-21-window-deluxe-bus/
  • Description
    • Professional restoration performed less than 100 miles ago
    • Received numerous best of show awards
    • Rebuilt 1500cc engine
    • 12-volt conversion
    • 4-speed manual transmission
    • Turquoise and Sea Blue with Turquoise interior
    • Correct interior piping and door panels
    • Filmed in a documentary featuring an Olympic Gold medalist
 
How much will the 1967 SHELBY GT500 FASTBACK LOT (Lot S100) sell for?
  • Greg’s Estimate Range: $220,000-$250,000
    • Condition #1
    • Comments – Hits almost all of the boxes but declining muscle car prices and an automatic will keep this one in check.
    • Official Guess – $239,000
    • Top Bid/Final Hammer Price – $150,000
    • Post Auction Comments – No one in the audience for this great car
  • Valuation
    • Hagerty Condition #1 - $272,000
    • Hagerty Condition #3 - $153,000
    • Hagerty 3 Year Sales Trend – Great cars are up significantly the last two years
  • Auction Link – https://www.mecum.com/lots/DN0719-386082/1967-shelby-gt500-fastback/
  • Description
    • Shelby no. 00410
    • 1 of 118 Nightmist Blue GT500s produced with automatic transmission in 1967
    • Cared for and maintained by a single collector family since the 1990s
    • 24,000 original miles with a recently completed concours rotisserie restoration
    • Original sheet metal and fiberglass
    • Proper paint daubs, overspray and Red oxide primer
    • Original Shelby tag and all VIN stamps present on inner aprons
    • Matching numbers 428 CI Police interceptor engine, balanced and blueprinted
    • Restored original Holley 600 CFM BJ/BK 4-barrel carburetors
    • Matching numbers Select-O-Matic transmission
    • Power steering, Power brakes with front discs
    • Black Decor interior, Fold-down rear seat, Extra cooling package & Factory stripe car
    • Inboard lamps, Tachometer and trip odometer, Restored original glass
    • Restored original Magstar wheels with Reproduction E70-15 Polyglas tires
    • Elite Marti Report, Delivery checklist, Original keys & Original owner's manual
 
How much will the 1989 FERRARI 328 GTS (Lot S133) sell for?
  • Greg’s Estimate Range: $65,000-$88,000
    • Condition #2
    • Comments – The petals are off of this rose.  Buyer is probably not realistic and it will not sell.
    • Official Guess – $65,000
    • Top Bid/Final Hammer Price – $57,200
    • Post Auction Comments – Turns out the seller was realistic and took a hit to unload this Ferrari
  • Valuation
    • Hagerty Condition #1 - $104,000
    • Hagerty Condition #3 - $47,300
    • Hagerty 3 Year Sales Trend – Down about 17%
  • Auction Link – https://www.mecum.com/lots/DN0719-377991/1989-ferrari-328-gts/
  • Description
    • Rosso Red
    • Cream leather interior
    • Service records and book
    • 3.2L engine
    • Euro-spec Ferrari
    • Removable targa top
    • Original glass
    • Bolt service, rollers, water pump, tensioners and clutch at 50,386 KM
 
Thanks for joining us again this week!  I’ll talk to you again next week!

About Auto Sausage
Auto Sausage is an automotive podcast where Greg Stanley reviews recent auto auction trends, provides updates on who is leading the Auto Auction Guessing Game and talks about cool car places he visits while traveling across the US.  Greg reviews antique cars, classic cars, muscle cars, exotic cars, hyper cars, JDM cars, Porsches, vintage SUVs and anything else with four wheels and that makes noise.  If you like the Smoking Tire, Spike’s Car Radio or Car Cast, this is for you!  This automotive podcast is available on iTunes, Stitcher, Google Play and wherever podcasts are found.
Greg uses the Sports Car Market and Hagerty Valuation Guide for sourcing automotive insights, trends and data points. 
Best Car Podcast, Best Automotive Podcast, Podcastone Automotive, iTunes Automotive Podcasts
 
 
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