D.L. from Florida says:

FANTASTIC! 

I highly recommend Jim with Classic-Car Store to help you find your next classic vehicle. Jim was instrumental in helping me find my 1966 Ford Mustang GT. The experience was so successful that I asked him to help me find my next "forever" car. Jim is very responsive, follows up and has excellent communication skills.   

THANK YOU very much.... 5 STAR GOOGLE RATING by Dennis Lareau, FL

 

Classic and Collectable Cars - Bursting Bubble or a Market Correction?

10/13/2017
Richard N Hawken
We think not, markets [even cars] move in cycles of on average 4 to 6 years. The start of the last cycle can be traced back to August 2009 when you could have picked up a good low-mileage Ferrari F50 for around £400k. Today the same car will set you back around £2m, evidence the top of the market remains robust, away from the casual observer. 

The major classic car indexes recorded their peaks during auctions of Q3/Q4 2015, since then, cumulatively prices have been easing. The differentiator is good cars are falling in value, but great cars have decoupled, increasing in both demand and value. Rising prices over the last few years has brought a number of “average” cars to the market, non-matching, non-original colours, modified etc. which are then being sold at completely new auctions. This nouveaux lack of experience and quality is obscuring the data downwards as true collectors/investors are simply “passing” patiently awaiting superior metal.

Publicized sales such as the 993 GT2 which RM sold for £1.8m in late 2016 only serves to compound the issue as average cars hit auctions with increasing low reserves – which then don’t sell lowering average sell-through rates, causing concern and whispers of bursting bubbles. It’s also worth bearing in mind we have seen recent weakness in other luxury goods asset classes such as London real-estate and fine art for example.

Collectively the data points suggest middle of the road collectable cars will continue to underperform for the next 12 to 18 months or at least until “value” is once again perceived in them.
 
 
CONTINENTAL SERIES PROTOTYPE MCDONALDS CAR READY TO GO
INDY CAR SHADOW NUMBER 17
1965 Mustang Road Racing, SCCA, Pirelli Challenge
Jim Lowrey Racing Photography
Indy Car Graham Rahal #15 One Cure
LET US HAND PICK YOUR NEXT REGULAR CAR OR CLASSIC, SPECIAL INTEREST CAR
ORANGE SWING FORMULA VINTAGE DRIVEN BY BOBBY RAHAL
Jim Lowrey Racing Photography
HOT HOT SMOKING BRAKES ON PORSCHE GT
Porsche GT
Porsche GT3 Barber Motorsports
Indy Car Pit Stop Controlled Frenzy
FUEL FULL AND READY
Winners Porsche GT3 Podium Barber Motorsports Park Birmingham Alabama
ENGINEER DISCUSSING STRATEGY WITH DRIVER
BRUNOS PORSCHE 914 ON TRACK
PARNELLI JONES VINTAGE INDY CAR
#12 Will Power Indy Car Race Barber Motorsports Park
Porsche GT2 Racing Classic Car Store
2015 MOMO Grand Prix Pirelli World Challenge
Jim Lowrey Racing Photography
1980 Chevrolet Nova Road Racing, SCCA, Pirelli Challenge
HELMET GLOVES STEERING WHEEL READY TO RACE
Scott Dixon #28 Indy Car Racing Barber Motorsports Park