The first mid-engine Corvette is finally going into production in February. The $59,995 base price seems almost unbelievable until you remember that Chevrolet will make it up in volume.
Over the course of his long, successful career in the automotive industry, including 16 years at PFS, Juan Garcia has collected more car stories than he has time to tell them. A few of his best stories can be heard in this entertaining YouTube VinWIKI interview. Including one that involves selling a car to a world heavyweight boxing champion.
This VINwiki video features real-life war stories from PFS Founder and CEO Mitch Katz that illustrate why exotic car lease takeovers and rental schemes often do not end well.
Porsche finally unveiled its first electric model, the Taycan Turbo and Turbo S. The world’s preeminent sports car maker has gone electric, an in a uniquely Porsche way. Taycan’s 93.4-kWh battery pack lasts on average over 250 miles per charge.
Gooding & Company is offering one of Vignale’s finest designs from that time, a 1952 Ferrari 212 Inter, one of only 80. At the time, this meant Ferrari has produced 180 cars. Total. This 212 Inter pre-sale estimate is $1.7m-$2m.
Forbes magazine automobile columnist Jim Gorzelany, provided great advice for vintage car buyers, including some of CEO Mitch Katz’s tips on car auction etiquette.
This interview of Mitch Katz by VinWiki founder Ed Bolian provides a detailed perspective on how PFS makes leasing decisions and how collectors use leasing to build their collections & profits. It’s a “must view” if you’re thinking of leasing for the first time.
The 1965 Maserati Sebring offered by Bonhams was built in July 1965 and delivered to a customer in Rome. Although the car’s history after the first owner is not well known, its equipment and Azzuro Vincennes color with Senape interior have been verified by the Maserati Classiche program.
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.
