Wayne Carini has a lifetime of experience in automobile restoration, and has worked on rare car collections owned by Letterman, Lendl and DuPont. He’s been featured in the New York Times and automobile magazines. For the past decade, Wayne has hosted the highly acclaimed Chasing Classic Cars on the Velocity Channel.
As a dedicated auto enthusiast, our CEO, Mitch Katz, has for many years been a member of the Checkered Flag 200 Club, which consists of supporters of the Petersen Automotive Museum in Los Angeles. Mitch was recently profiled in Finish Line, Peterson’s flagship publication.
In this issue of Residual Values — our series of interviews with automotive industry leaders — we feature automotive publisher Keith Martin, who has built a reputation over the past 30 years as one of the most knowledgeable and respected voices in the foreign and domestic sports car market.
In his interview with the Jacksonville Business Journal, PFS Southeast Sales Manager Chris Warren points out that, for wealthy individuals, having the ability to write a check for the full amount of a vintage or exotic car is not always the best financing option.
In this Private Wealth magazine article, our CEO Mitch Katz explains why leasing should not be overlooked as a viable financing option for exotic and vintage cars, either by wealthy individuals or their financial advisors.
McKeel Hagerty is CEO of Hagerty, the world’s largest membership, financial services and media organization for collectible vehicles and owners, and an in-demand speaker on business success, leadership, and personal growth.
According to Hagerty’s tally, the sales total of $247.8 million in Scottsdale was down 5 percent from 2017. The highest sale of the week was $8,085,000 for a one-of-a-kind 1965 Ferrari 275 GTB built by Pininfarina. Premier previewed five of the Scottsdale 2018 auction cars in depth before the auctions. Here’s a look at the results.
A week of auctions in Scottsdale, Arizona tallied $230+ million for more than 2,600 cars covering the entire automotive spectrum. The top 10 sales accounted for nearly $36.3m. Four of the top 10 sales were Ferraris.
Auto Finance News reports on overall demand and average price for luxury and exotic vehicles have continued to increase since 2012. Over that five-year period, Ferraris, Porsches, McLarens, Aston Martins, and Lamborghinis have continued as the most popular exotic marques.
