Spring is here, and it's the perfect time to discover fresh feelings of adventure.If you are willing to explore your need for speed, then RepoKar is the right place for you! RepoKar is a fun, high-octane online Public Auto Auction where you'r...
Hong Kong Classic showcased 100 different rare and classic cars. This weekend they wanted to catch a glimse of the world's most prized automobiles. "We spent a lot of time researching international collections to display in Hong Kong," says co-creator of the event, Melanie Riach, of the show's collection of 100 classic cars and motorcycles."The star of the show, The Napier Railton from Brooklands Museum in England, was this year's iconic centerpiece. When it's 24-liter Napier aircraft engine roared to life, the crowds became so excited! It was amazing for us...
The TV and radio star, Chris Evans, was disappointed in selling only a half of his classic car collection. The collection was of 12 models and he expected to fetch £8 million.The most expensive models didn't reach their reserve prices - a Ferrari 275 GTB/C valued at £2.6 million and a £2.3 million Ferrari 365 Daytona Spyder. He also failed to sell his famous Chitty Chitty Bang Bang replica, which had an estimate of £250,000. A Ferrari 250 GT Lusso, valued at £1.4 million, also went unsold.However, Evans managed to raise more than £50,000 for C...
With a much lower gain than that of previous recent years, the Classic Auto Auction world seems to have hit a wall, and it will not be able to climb it for a while.For example, the prestigious Auctions held on the Monterey Peninsula last week were down a total of $20 million from their high of 2014.From all angles, we get the same advice: The market is stabilizing and the value of unsold inventory has doubled that of 2013. Perhaps, now we can deduct, in hindsight, that 2013 was the peak for this specific market. In fact, Blue Chip items such as automobiles from the 50’s to the 70&r...
Here are some helpful tips for those who would like to sell their cars. Know the Market. Is your car going to be easy to sell? Is it a hot commodity? Make sure to check on-line classified ads to see how much other sellers are asking for your type of car. Price your car competitively. Be sure to leavea little wiggle room in your askingprice. Ask for slightly more than you are actually willing to accept. That way, when a person makes you a lower offer, it will be closer to your actual price, rather than below it. Give the car a make-over. People will ask to come take a look a...
We know, we know. The whole “cars-as-rolling-sculpture” thing is a bit of a cliché, but it’s still a good reminder that cars are best appreciated in motion -- which is why the annual Pebble Beach Tour d’Elegance, held the Thursday before the Concours d’Elegance and free to watch from nearly anywhere along its route, is a Monterey car week must-see. The format is simple: car participating in the concours cruise around the Monterey peninsula, take in the jaw-dropping vistas of Big Sur and then head back to Carmel-by-the-Sea for a champagne receptio...
