Making Lemonade: Concours d’LeMons is Monterey’s most refreshing event
October 11, 2016
By Stefan Lombard / Originally Published August 22, 2016 / Hagerty / Concours d’LeMons takes place on the heavily goose-pooped grass at Laguna Grande Park in Monterey, fitting for an event honoring so many turds. The free show is a celebration of “the oddball, mundane and truly awful of the automotive world,” is the perfect lighthearted ...
Top cars sell well for Gooding, RM Sotheby’s on Day Three in Monterey
September 20, 2016
By Hagerty / Originally Published August 21, 2016 / Hagerty / Gooding & Company joined the fray on day three in Monterey, while Mecum, Russo and Steele, and RM Sotheby’s closed out their events. So far, sales have amounted to $288M, which is $45M less than last year, and the sell-through rate is three points ...
The Magic Mustang
September 14, 2016
By Ronald Ahrens / Originally Published August 5, 2016 / Hagerty / In late July, Gary Schweitzer set out for Buffalo as a bundle of nerves with a trailer in tow. The 55-year-old school teacher from Traverse City, Mich., was on his way to the Mustang Club of America’s national show, Mustangs on the Niagara, to ...
Double your money in five years?
July 2, 2016
By Hagerty / Originally Published May 3, 2016 / Hagerty / Speculation has never been the best reason to buy a collector car. More often than not, the buyer loses money on a car that he or she didn’t want in the first place. On the other hand, there’s no shame in buying something that you ...
This Is How Values Moved Last Quarter
May 15, 2016
By Brian Rabold / Originally Published April 27, 2016 / Hagerty / 2016 Q1 Valuation Recap As the year began, the collector car world held its breath. The foot was off the accelerator for all but a few market segments and people were openly wondering if the bottom was ready to drop out. Momentum has certainly ...
10 Late Model Cars That Are “Modern Collectibles”
May 11, 2016
By Andrew Newton / Originally Published December 30, 2015 / Hagerty / In terms of values, the cars we generally think of as classics today tended to follow a certain pattern. Their value would depreciate significantly after a few years or after the next better, faster car came along, then they would be out in the world ...
Beauty’s Got Muscle: A true love story between woman and car
March 9, 2016
By Tara Hurlin / Originally Published December 16, 2015 / Hagerty / When Katie Poletti was growing up in Long Island, N.Y., she immersed herself in the best of both worlds by playing with Hot Wheels and Barbie dolls; she loved to wear flowing dresses but was commonly seen in dirty overalls. Her father had a ...
Five classics you’d never guess were great investments
February 10, 2016
By Hagerty / Originally Published December 22, 2015 / Hagerty / The classic car market has been doing quite well since recovering in 2011 from its Great Recession-induced correction. So, it’s not surprising that certain cars have increased in value in the last year. But the identity of some of the cars that did especially well can ...
Five classics that saw huge price increases in 2015
January 28, 2016
By Hagerty / Originally Published December 30, 2015 / Hagerty / The Dow closed out 2014 at just under 18,000 points. As of this writing, it’s above 17,000 points. Not terribly impressive. Our five cars positively smoked the Dow and are all a heck of a lot more fun to own than a few hundred shares of ...
Muscle Cars With a Twist: America’s Car Museum Presents ‘Modified Madness’
December 16, 2015
Classic car enthusiasts around the world love good ol’ American muscle. Although most experts acknowledge that the Oldsmobile Rocket 88 was the first American muscle car, the classic Muscle Car era truly began in 1964, with John DeLorean’s infamous Pontiac GTO. American muscle cars are reminiscent of a time when V8 engines and horsepower ruled the streets, and ...
Top Holiday Gifts for Auto Enthusiasts
December 14, 2015
By Nick Palermo / Originally Published November 25, 2015 / National Automotive Parts Association / You know them: the people young and old, with gasoline in their veins and minds for all things mechanical. Call them automotive enthusiasts, hot-rodders, car nuts, truck fanatics or just gearheads. Whatever the name, they love their cars and trucks, and everything ...
Classic Classified: 1970 Chevrolet Chevelle SS 454 LS6
November 30, 2015
By Greg Ingold / Originally Published October 27, 2015 / Hagerty / From: Hemmings Motor News Date: March 1989 Price then: $30,000 ($57,700 adjusted for inflation, about the cost of a new 2015 Chevrolet Camaro ZL1 today) Price now: $61,300 – $172,000 Approximate dollar difference: $114,300 (assuming No. 1 condition) Annual rate of return: 4.3% Chevelle: 1970, ...