Well, the Monterey Car Week is over and by the time you read this you will have probably had your fill of reviews, comments and price-analytics. Suffice to say that after sales totaling about $350,000,000 from five different auction companies, we learned one thing for sure: great cars sell for great prices, moderate cars sell for moderate prices and lousy cars don’t sell. You can take that to the bank!
The problem is: how to tell the difference and spend good money on good investments, or keep your money when a car “is not quite right”. Answer: Study. Today’s marketplace is full (in fact overflowing) with information. There are plenty of websites and print resources packed with information and there are plenty of “maybe” experts to help you sort through it all. Then there is the question of “market timing” which can never be properly executed, but knowing the market is as easy as buying a subscription to this magazine and accessing the duPont REGISTRY.com website. Current values are there as a research source and as a market buy/sell opportunity. Don’t miss out on a single month! Sign up now!
Speaking of buying/selling, you are looking at the alternative to the auction frenzy that was so prevalent last month. If you want to avoid the transportation, entry fee, sale fee, hotel rate, rental car, time zone change (sometimes) and the myriad of other annoyances and expenses associated with auctions, just advertise and market your automobile(s) right here. Make no mistake about it, we love auctions and we buy/sell at their sales. But we also work the same marketplace without the hassle and cost. Try it, you’ll like it.
Auctions are known for their “special” cars and “special” opportunities. So is the duPont REGISTRYTM. Our “Uncovered” feature shows four unusual, rare, exotic, historic, unique Ferrari’s for sale by Velocity Motorcars. They are located in Nashville (easy to get to). Their phone number is located on page 57. The 288 GTO, F40, F50 and Enzo are all red and all certified Ferrari Classiche. Dubbed the “halo collection”, this is a rare opportunity to complete your collection of the very best exotics on the market. Great cars sell for great prices because they are worth it. Act Now!
As noted on the cover, this is our annual “Watch Guide” issue. Exotic time pieces are part of almost every auto-enthusiast’s collection. Watches do take up less space than the average collector car and are subject to “fads”. Herein, we are a good bit more serious about the timepieces in our guide -- unusual, collectible and refined. These are all highly desirable and perfect for your personal tastes. Call now before the holidays have an impact on supplies, and be on time.
Upcoming activities in the marketplace include: duPont REGISTRYTM Cars & Coffee (every third Saturday of the month), Barrett-Jackson/Las Vegas (October 13-15), the Lake Mirror Classic and Concours d’Elegance (October 15), the Atlanta Concours d’Elegance (October 8-9), The Hilton Head Island Motoring Festival and Concours d’Elegance (October 28 - November 6) and Auctions America Auction (November 5) … and many more opportunities to see, buy, sell rolling works of automotive art. Enjoy!
Thomas L. duPont
P.S. I had the opportunity to drive the Lexus 450h “sport utility” while in Monterey, provided by PageOne Automotive. What a way to travel -- user friendly, fuel friendly, and able to maneuver through crowded streets, mulch-covered parking lots and muddy off-road access lanes. Even the drive to/from the San Jose airport was comfortable and uneventful. I highly recommend this “ride” for all of the above reasons, plus the ability to handle people and freight (magazines).
P.S.S. Sometimes it is important to know what is going on in other collectible marketplaces. Often we comment on the art markets, but today it is rare coins. Two extremely rare and collectible 1-cent coins sold at collective value of $870,000. That is a lot of pennies for two pretty pennies. Suddenly, a $13-million Cobra and $23-million Jaguar doesn’t seem too far out of line.