The high-end collector car market resurged in 2021, with the top ten cars going for no less than $6 million, while the top two were sold for eight figures. Conversely, only three cars exceeded $6 million in 2020. This resurgence was largely driven by the Monterey RM Sotheby’s Portola Hotel & Spa auction. Six of […]
If you’re a classic car owner, you should consider getting classic insurance. Unfortunately, standard auto insurance policies typically provide insufficient coverage for classic autos. In addition, unlike standard vehicles whose value depreciates with time, classic cars usually become more valuable over time. Here’s more detailed information on this topic. The Basics of Classic Car Per […]
When Dr.No, the premier James Bond movie, was shot on the island of Jamaica in 1962, the production budget was just 1 million pounds. Because of this somewhat limited budget, the production crew had to depend on the generosity of Jamaicans for cars. In the franchise’s first-ever chase scene, Sean Connery is cruising in a […]
Today, the collector car market is replete with iconic models from different eras of classic/vintage automobiles. Driving these cars can be pure fun, regardless of your preference for style or age of the vehicle. A great deal of time has passed since the prewar automobile era, with classics from the 1960s or even 1990s attracting […]
The annual Amelia Island classic car auction is arguably the biggest event of its kind in the world. Traditionally held in the first week of March at the Golf Club of Amelia Island, it offers potential buyers hundreds of rare automobiles from all over the world. However, due to the COVID-19 vaccine rollout, this year’s […]
The RM Sotheby’s 2021 Ameilia Island live auction was nothing but a success. RM reported $42, 174, 340 in sales, and 95% of the lots offered found new homes. Moreover, of the 99 cars on offer, only four cars sold below their reserved price. The 1929 Duesenberg Model J ‘Disappearing Top’ Torpedo Convertible Coupe The […]
In recent years, cars built starting from the 1980s to the 2000s have increasingly drawn the interest of collectors. They appeal to the new generation of classic car collectors who are streaming into the market. However, while recent media reports suggest that the modern classic market is red hot, analysis of data from the last two […]
Reasons to Work with Your Local Insurer There are so many ways to shop for car insurance, home insurance, and business insurance today. With the advancement of technology, not only do you have more ways to shop, but you can do it on your own time. However, insurance remains a complicated product. It […]