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

 

HAPPY CLIENT

"I've known Jim Lowrey for almost 30 years and have always respected him as the most knowledgeable and experienced person I knew when it came to cars. Buying cars through Jim has made the process literally a breeze!  Even more important to me than his expertise is his honesty and integrity. I would recommend Jim to anyone wanting to buy or sell a car!"  MG, AL

HAPPY CLIENT

Hello Mr. Lowrey:  I wanted to tell you the ’77 Corvette made it home safely.  I know you were a little concerned about driving it this far, but I had no problems at all.  It turned heads all the way home.  My buddies are “jealous”.  Thank you again for being honest about the car and I know I will enjoy it for a long time.  RT, MS

HAPPY CLIENT

I have been a hot rod guy since a kid. One car I have always wanted was a 1936 Chevrolet 5 Window Coupe that was ready to go. I found one that was close to my dream car on Classic Car Store’s website. All steel body built from the ground up as a Pro-Touring car and built right. Jim was very helpful, specific and told me the good and bad about the car. I decided to buy it, bought a one-way ticket from Oklahoma to Birmingham, AL. I hoped the car was what it was supposed to be. Jim picked me up at the Airport and took me to the Owner, an elderly gentleman in a small country town. The car was everything represented, much nicer than I expected. After getting the banking handled I made a road trip back home to Oklahoma stopping and seeing a couple of friends on the way back. Not one problem with the car. Overall it was an excellent experience, especially when you are buying a car from photos and getting information from someone you don’t know. If you want a straight shooter when buying a Classic Car, Jim is the man. Thank you, DF-OK

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.
 
 
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