“Tulip bulbs once sold for more than houses. But not for long.” —pauljnolan1000, Bring a Trailer subscriber There are some very peculiar price actions occurring within the collector vehicle market. There are similar strange valuations happening in the art market, the wine market, and the real estate market. Prices are surging for collectibles and real […]
Archive | Markets
Driving to Wall Street: Hagerty Trading on the NYSE
“Today is just the beginning of an exciting road ahead. We know this was an important step in Hagerty’s evolution as we continue to dedicate ourselves to you and our purpose to save driving for future generations.” —McKeel Hagerty, CEO Last week Hagerty began trading on the NYSE under the ticker HGTY. This is yet […]
The Future of Mercedes-Benz: Strategy Update
“The essence of strategy is choosing what not to do.” —Michael Porter “Our strategy is designed to avoid non-core activities to focus on winning where it matters: dedicated electric vehicles and proprietary car software. We will take action on structural costs, target strong and sustained profitability. With this new strategy we are announcing our clear […]
SCM Double Take With Somer Hooker
“A change will do you good.” —Sheryl Crow Sports Car Market is the premier source for enthusiasts to gather reliable collector car information. The magazine has proactively evolved over the years and is now the friendly, fun, but authoritative voice on industry trends. Content is predominately provided by key industry insiders, giving the publication an accurate, unique, […]
State of the Market: Safe, Steady, or Slipping?
“The current market is at dizzying heights, and one must have the financial strength to buy the best, the patience to hold what is outstanding, and the discipline to sell what lacks je ne sais quoi.” —Philip Richter In the November issue of Sports Car Market, Turtle Garage shares opinions regarding the status of the […]
Analysis & Expert Perspective: Passion of a Lifetime Auction
Turtle Garage is proud to publish the following exclusive piece authored by friend and pre-war classics expert Jonathan Sierakowski. I first met Jonathan back in 2011 while he was at RM Auctions. Following the death of Malcolm S. Pray, Jr. in 2013, Jonathan was a crucial member of the team that helped us evaluate, value, […]
SCM Live Has Arrived!
We want to be sure that avid readers of Sports Car Market know about Keith Martin’s new video series. For several years, Keith was the host of the highly successful Velocity TV show “What’s My Car Worth?” Now he is back on the screen with SCM Live. Keith’s new series produces episodes on a variety […]
Hearst and Bring a Trailer: Perfect Together?
“I’m very excited to continue to lead Bring a Trailer as we partner with Hearst Autos. We can now keep all of the best parts of the business intact while enhancing our capabilities to address our huge product demand and user traffic growth.” —Randy Nonnenberg, BaT Co-Founder and CEO “Bring a Trailer has set the bar […]
Ford vs. Ferrari vs. GM vs. Tesla
“Price is what you pay; value is what you get.” —Ben Graham “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold.” —Warren Buffett The world has been turned upside down by the Covid19 pandemic and the financial markets do not seem to care. The stock market is […]
BMW E39 M5: The Ultimate Driving Machine
In the June issue of Sports Car Market, we review the sale of a 2002 BMW E39 M5 at Gooding’s Amelia Island Auction. The E39 M5 is perhaps the ultimate German super sedan. This is the the last M5 with a conventional key and a oil dip stick. Still modern to drive, its a wonderful […]
Collector Cars in a Time of Coronavirus: An Industry in Transition
The Coronavirus is upending our lives like nothing else in modern history. Out of nowhere, this black swan pandemic has turned all of our lives upside down. Coronavirus has become the sudden equalizer because we all are feeling the impact in one way or another. From billionaires to small business owners to retirees, we are […]