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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: I'm Matt Miller and I'm Hannah Elliott, and this is

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Speaker 2: Hot Pursuit.

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Speaker 1: All right, Hannah, we have a lot of stories to

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Speaker 1: talk about. You've been incredibly productive on the terminal. You've

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Speaker 1: got a ton of stories there at BusinessWeek at all

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Speaker 1: the Bloomberg properties. But you also have a guest for us.

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Speaker 1: I'm here with me in the New York studio. Who

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Speaker 1: is it?

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Speaker 2: Yeah, this is Steve Serio, who I wrote about in

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Speaker 2: twenty twenty in an article with the headline looking for

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Speaker 2: a rare classic car. This is the guy billionaire's trust.

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Speaker 2: And Steve is a very trusted source of mine that

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Speaker 2: I've used for many years, and I think probably his

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Speaker 2: most famous client is Jerry Seinfeld. So I just have

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Speaker 2: to say, you know, this is somebody who I know

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Speaker 2: has listened to our podcast I think each one, and

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Speaker 2: sometimes I can hear his voice in my head when

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Speaker 2: we go down these rabbit trails talking about old Bentley's

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Speaker 2: and Rolls, Royces and Aston Martin's. Steve who owned the

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Speaker 2: Aston Martin dealership in Boston for many years and now

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Speaker 2: trades in Uber exclusive vehicles. I can hear his voice.

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Speaker 2: He's correcting everything I say. So, Steve, you're really happy.

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Speaker 3: To have direct everything.

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Speaker 2: Yes, we're very happy to have you in the studio.

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Speaker 1: I will say that Hannah told me you also used

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Speaker 1: to sell spikers, and my neighbor heard about this and

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Speaker 1: he wants a spiker, so he said, Hey, ask Steve

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Speaker 1: about the spiker. So we're going to ask about that

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Speaker 1: as well.

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Speaker 2: And the other sell them is different than hold them.

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Speaker 1: And the other brands that you've worked with us. We're

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Speaker 1: also going to talk about a couple of the stories

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Speaker 1: I mentioned you have on terminal. A cyber Beast is

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Speaker 1: going on sale. What is this like a super cyber truck.

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Speaker 2: Yeah, not to be confused with just the cyber truck.

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Speaker 2: The cyber Beast has more horse power. It's eight hundred

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Speaker 2: and forty five horse power. It's more expensive, it's about

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Speaker 2: one hundred thousand. This will be the first cyber Beast

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Speaker 2: offered at auction.

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Speaker 1: Okay, well we'll we'll get to that. Also, you're McLaren

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Speaker 1: seven to fifty s Spider review. I think a lot

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Speaker 1: of people have been waiting for that one to hit

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Speaker 1: the terminal for a while because this car is more

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Speaker 1: highly anticipated than I expected, and I'll be interested to

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Speaker 1: hear what you have to say about it. And then

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Speaker 1: BMW's new concept for its electric suv.

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Speaker 2: We could go fans of BMW if you have to

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Speaker 2: have an EV. Yeah, MW's making.

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Speaker 1: I'm actually driving right now a BMW the new five

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Speaker 1: series with an inline four and typically when I hear that,

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Speaker 1: I don't want to drive the car anymore four cylinders.

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Speaker 1: For the first few days i had it my driveway,

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Speaker 1: I took my Challenger instead. But I'm really impressed with it.

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Speaker 1: It's I don't really think you need much more in

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Speaker 1: like an executive limousine.

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Speaker 2: Anyway, I can't believe you said that.

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Speaker 1: No, I know, I can't believe. It's just a pretty

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Speaker 1: it's pretty peppy little more. Let's let's kick it off

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Speaker 1: with the cyber Beast and Steve, I want to ask you,

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Speaker 1: what's your take on the cyber truck. Everybody seems to

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Speaker 1: have a lover hated opinion, but it's also like a

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Speaker 1: it's a whole thing.

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Speaker 2: YEA.

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Speaker 3: If an automobile could be the bubonic plague, it would

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Speaker 3: be the cyber truck in my view. I just I'm

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Speaker 3: not a fan. I know you guys have where Hannah

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Speaker 3: has driven it. I I equate this to somebody who

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Speaker 3: needs so much attention and they just don't want to

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Speaker 3: light themselves on fire and run down the street. It

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Speaker 3: is a screamingly awful thing in my view. Yeah, no,

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Speaker 3: I I just it's It's why Musk must be so polarizing,

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Speaker 3: because I lived through him failing with the roadster when

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Speaker 3: he was getting those cars from Lotus at the time,

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Speaker 3: or the chassis and cyber truck is there's no to me.

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Speaker 3: I like things that are cutting edge. I like things

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Speaker 3: that are new. I like things with fantastic technology in them.

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Speaker 3: I've grown to a appreciate more modern cars. I was

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Speaker 3: always an old car guy, and I'm not anymore. But

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Speaker 3: you know, this needs to go over a cliff and

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Speaker 3: just be buried in the desert. I hope all the

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Speaker 3: wheels fall off at the first hundred miles. Well it

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Speaker 3: does look no opinion, Hanna.

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Speaker 1: I'm looking at your story and the pictures of this

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Speaker 1: cyberbeast look like the stainless steel has somehow rusted already.

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Speaker 2: Stainless doesn't mean no rust, it just means less rust.

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Speaker 2: So I have read some threads that people claim they're

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Speaker 2: seeing some wear and tear on the truck already. But

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Speaker 2: this one is interesting because we're actually already seeing resale

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Speaker 2: prices of the cyber truck dropping. Bring a trailer just

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Speaker 2: sold one earlier this week for one hundred and sixty thousand,

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Speaker 2: which was less than the two hundred thousand or so

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Speaker 2: we were seeing for some auctions and Facebook sales previously. Obviously,

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Speaker 2: the Cyberbeast is slightly different than the cyber truck versions,

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Speaker 2: but it's the same truck.

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Speaker 1: But just because more horsepower. That's the only difference.

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Speaker 2: Yeah, Visually it looks the same, except for it has

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Speaker 2: a little badge on the side that says it looks

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Speaker 2: like a dog.

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Speaker 1: So suspension is the same, the interior is the same.

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Speaker 1: Doesn't have like a better stereo, No, I don't think so.

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Speaker 2: Yeah, range is a little bit like.

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Speaker 1: I feel like Dolourians have aged better than this and

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Speaker 1: it's only been out for like half a year.

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Speaker 3: A great I mean, I think that is this what

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Speaker 3: Pete putagedg imagines us all driving since he's now jumped

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Speaker 3: on the If you have to have an internal combustion

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Speaker 3: car after twenty thirty two, you're effectively a non you know,

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Speaker 3: good American So okay, Pete, we'll all be driving these.

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Speaker 2: Well. You know what's interesting our automotive analyst Kevin Tynan

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Speaker 2: that we have here at Bloomberg Intelligence. I was just

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Speaker 2: on the phone with him yesterday and he has covered OEMs,

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Speaker 2: especially the Big three in Detroit, and trucks for so long,

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Speaker 2: and he has a really interesting perspective, you know, on

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Speaker 2: cyber truck and basically said, sales like this are just

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Speaker 2: a result of scarcity more than actual demand. You know,

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Speaker 2: there's one for sale, so someone's gonna want to buy it.

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Speaker 1: Yeah, yeah, I mean I thought it was really cool

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Speaker 1: at first, you know, four years ago when they showed

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Speaker 1: the prototype, just because it was different and edgy. But

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Speaker 1: it now looks not good.

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Speaker 2: Can I tell you I see them in Beverly Hills

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Speaker 2: all the time. They're like, this is not a rare

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Speaker 2: thing anymore. It's really interesting. I mean, they're at least

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Speaker 2: in LA they're kind of ubiquitous.

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Speaker 1: Steve, what do you think about EV's in general, Because

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Speaker 1: Hannah and I think I think we agree that there

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Speaker 1: are a lot of good products already out there. Maybe

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Speaker 1: they're expensive, but the Bmwix is one that I think

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Speaker 1: we both like I love the key at EV nine,

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Speaker 1: Hannah was just in a an EV supercar with super Blondie,

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Speaker 1: right the Hyperion. What do you think about EV's in general.

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Speaker 3: Well, I don't want to say that I'm out of

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Speaker 3: my element. I'm such a non fan that I don't

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Speaker 3: follow a lot of them, because I really think when

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Speaker 3: you travel through Europe as much as I do, you

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Speaker 3: hear about how EV's don't work. And I only work

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Speaker 3: in the United States, in my small, humble opinion on

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Speaker 3: the coasts, So you've got people who EV's make a

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Speaker 3: lot of sense for a lot of people who are

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Speaker 3: driving in urban environments and have short commutes every day,

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Speaker 3: and it's easy for them to plug them in. I

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Speaker 3: don't see them. I will go out in a lim

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Speaker 3: and say I think it's a hiccup in automotive history.

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Speaker 3: I think there'll be a better way to do this.

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Speaker 3: I think hybrid is a better way to do it.

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Speaker 3: I think there's too much of the country that fails

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Speaker 3: at setting up networks to charge these cars. And again

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Speaker 3: reading Biden's you know we're going to put up five

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Speaker 3: hundred thousand evs, you know stations, and he's done. I

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Speaker 3: think the count last week was seven or twelve under

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Speaker 3: the government watch. So I'm too much of a car

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Speaker 3: guy not to find ninety five percent of them utterly soulless.

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Speaker 3: And having just had a tight can in the shop

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Speaker 3: to sell on one of our bring of trailer auctions,

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Speaker 3: I drove it around the block and thought, why would

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Speaker 3: anybody want one of these? And it was a perfectly adequate,

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Speaker 3: fine quick car. But it's soulless, and it's like driving

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Speaker 3: an iPad. And that's not where I've come from in

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Speaker 3: the last thirty five almost forty years of doing this.

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Speaker 1: It's it's some people want to drive iPads, Yeah, just

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Speaker 1: not you and me.

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Speaker 3: Yeah. No, there's lots of folks who really have an

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Speaker 3: utter disdain for anything that they have to get in

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Speaker 3: and drive because they hate driving, and this makes it

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Speaker 3: easy for them. And if you can go home and

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Speaker 3: you know, plug it in and not put gas in

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Speaker 3: your car. And the false narrative to me has always

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Speaker 3: been the people that feel better about the environment when

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Speaker 3: they're driving one. And we could sit here and talk

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Speaker 3: for the next five hours of why it isn't, because

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Speaker 3: I guess, you know, as we say in Massachusetts, you

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Speaker 3: know sort of white women from Wellesley feel good about

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Speaker 3: driving these things because they don't care about all the

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Speaker 3: people dying in Africa mining the lithium, because if you

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Speaker 3: go down that path with them, you get shut down.

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Speaker 3: Or is that too edgy a coon, let's not let's

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Speaker 3: not even go there.

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Speaker 1: I've dated a few women from Wellesley. Now, wow, I

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Speaker 1: totally get what you're saying, and I feel pretty much

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Speaker 1: the same way. On the other hand, being kind of

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Speaker 1: a new father, I need a little bit more utility

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Speaker 1: out of vehicles than I have in the past. So

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Speaker 1: when I test drove the BMW I X, I was

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Speaker 1: really impressed at what a great family haller it was.

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Speaker 3: When I test.

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Speaker 1: Drove the EV nine, the Kia EV nine, I was

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Speaker 1: blown away because it's a Kia and it's like so

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Speaker 1: such great quality, and like you know, it's not for

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Speaker 1: going up to Bear Mountain and ripping up around the corners.

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Speaker 1: It's it's great though, for like rear facing car seats

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Speaker 1: and taking the kids to an Easter egg hunt. So

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Speaker 1: I think there's a place. And speaking of that, BMW

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Speaker 1: has just come out with a new concept. Hannah, you

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Speaker 1: wrote about it, tell us about it.

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Speaker 2: Yeah, this is another one of their Noya class concepts

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Speaker 2: that they're sort of unveiling to show where the company

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Speaker 2: is going in the future. It's an suv. It will

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Speaker 2: go up against Mercedes Electric SUVs. And the thing that

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Speaker 2: I really actually like about it is that the kidney

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Speaker 2: girl is now small again. We're seeing like quite a

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Speaker 2: lot of fluctuation with this girl. It's it's a little

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Speaker 2: bit of a schizophrenic BMW. They don't not quite sure

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Speaker 2: what they're doing, but I actually like the small one.

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Speaker 2: They're saying by the end of twenty twenty five, we'll

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Speaker 2: see the production of this. So it's just another basically

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Speaker 2: notch in the cog that BMW is moving forward with

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Speaker 2: their EV program. You know, it's interesting. They were toying

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Speaker 2: around with hydrogen for a moment too. I haven't heard

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Speaker 2: we haven't heard much about the hydrogen program, but they're

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Speaker 2: definitely going forward with you.

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Speaker 1: I remember them doing that back in two thousands.

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Speaker 2: Yeah, yeah, they were some of the first.

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Speaker 1: I feel like BMW is doing just a better job

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Speaker 1: at building evs now. Nothing to do the concept now, right,

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Speaker 1: the I four, the I five, the IX then everyone

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Speaker 1: else in that they aren't striving to make them something

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Speaker 1: better or different or weird.

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Speaker 2: This is very interesting to me because remember the I

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Speaker 2: eight and how advanced that was, and they kind of

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Speaker 2: beat everyone in terms of making a very cool, well

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Speaker 2: driving hybrid.

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Speaker 1: Yah it had a range extender.

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Speaker 2: Yeah, and I actually thought that was a really great car.

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Speaker 2: And then they it just felt like they kind of

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Speaker 2: plateaued for a while and everyone else caught up. But

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Speaker 2: I do think BMW has it in them to make

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Speaker 2: really interesting, compelling, fun driving machines. And maybe they're hybrids. Mett,

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Speaker 2: I know you love a hybrid, so Steve. So yeah.

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Speaker 2: So it will be interesting to see where they go

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Speaker 2: from here because I think they've got the potential to

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Speaker 2: really capitalize and shoot forward in a way that they

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Speaker 2: haven't been at the Forefeest.

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Speaker 3: What's on. I've always liked BMW's The last new BMWi

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Speaker 3: owned was a nineteen eighty eight M five, So I

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Speaker 3: came close to buying an X five again when kids

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Speaker 3: twins came into our life sixteen years ago, sixteen and

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Speaker 3: a half years ago, went in a different direction. Was

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Speaker 3: always a land Rover person at that time. I always

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Speaker 3: I think that's there the company out of Germany that

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Speaker 3: can be the most innovative for consumer automobiles. Again, I

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Speaker 3: wonder in this hedge with BMW going towards EV, with

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Speaker 3: Volvo going all EV, right, and then you've got Lotus

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Speaker 3: going all EV what happens if this thing does a

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Speaker 3: one to eighty and people just go, I'm not going

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Speaker 3: to be forced to buy one of these. I'm not.

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Speaker 3: It's still as oil is coming out of the ground,

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Speaker 3: is all this fossil fuel is still available. I'm comfortable

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Speaker 3: with an internal combustion engine and the masses don't get swayed.

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Speaker 3: I mean, I know, and I know in Germany having

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Speaker 3: been there, there is a backlash against some of the

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Speaker 3: green effort there now because there's a lot of right

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Speaker 3: wing policies coming into German politics and some of them

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Speaker 3: is now sort of pushing down some of the green

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Speaker 3: advances that Germany has made over the years. But I

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Speaker 3: don't know, it's a great company again, I'm.

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Speaker 1: I have the backlash, I think everywhere, right.

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Speaker 2: I'm very curious to hear you say that BMW is

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Speaker 2: the most innovative company coming out of Germany, or could

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Speaker 2: be because you deal so much in Porsche as well.

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Speaker 2: It's a surprising statement.

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Speaker 3: Well, I think looking at as them as car companies.

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Speaker 3: BMW is such a broader company that appeals to so

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Speaker 3: many people economically, they and I think they also cross

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Speaker 3: over more into genders. I know there are women who

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Speaker 3: buy Porsches. I know there are a lot of women

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Speaker 3: who buy BMW's. I mean, it is a numbers game,

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Speaker 3: but I think there's more. I always get a kick

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Speaker 3: out of the fact that BMW dealers can't carry all

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Speaker 3: of their cars because there's too many variants and too

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Speaker 3: many derivatives of their cars, so very confusing. Yeah if

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Speaker 3: you if you went to their their website and said, oh,

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Speaker 3: I want to buy the fill in the blank, and

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Speaker 3: you go to the dealer and it's like, yeah, well

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Speaker 3: we'd have to order you one because we haven't had

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Speaker 3: one in three months, and we might get one next

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Speaker 3: month of what you're looking for. I think that's where

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Speaker 3: BMW gets confusing, and it kind of falls on its

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Speaker 3: face a little bit as a manufacturer. But I think

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Speaker 3: they're very innovative. I don't. I mean, you lost me

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Speaker 3: after Chris Bangle.

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Speaker 2: I mean, yeah, Chris threw me as well, Yeah, bring

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Speaker 2: back the Bengal buts.

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Speaker 1: But I love the you know, the styling is still controversial.

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Speaker 1: Hannah mentioned the grills, right, I like the big grills.

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Speaker 1: I know a lot of people don't though. I love

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Speaker 1: the new M two. Yeah, and a lot of people

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Speaker 1: don't like that. I'm I'm lust after that that thing.

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Speaker 1: And I have a a friend who's a big collector

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Speaker 1: in Bedford. I'm sure you know him. I won't say

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Speaker 1: his name, but the two is the first new car

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Speaker 1: that he's bought in like twenty years.

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Speaker 3: That's interesting.

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Speaker 1: So they you know, they have they make progress in

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Speaker 1: places that you may may not expect.

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Speaker 2: One thing I noticed on this concept speaking of sort

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Speaker 2: of the design element is you know the Hoffmeister kink, the.

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Speaker 3: Element back to the three point.

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Speaker 2: Exactly, which which you know people who go really nuts

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Speaker 2: for this type of thing notice and love. They've sort

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Speaker 2: of done away with that and added like a reflective

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Speaker 2: strip instead of a chrome detail on this concept, which

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Speaker 2: is another thing that shows there. It's since they're experimenting there,

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Speaker 2: seems like they're trying to find their footing a little bit,

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Speaker 2: and maybe they're they put that out as a to

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Speaker 2: test the waters a bit.

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Speaker 1: It's sometimes cool when carmakers break with tradition. Yeah, that's

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Speaker 1: that's a big deal, like, well, it's not a car maker.

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Speaker 1: But when Ducati started making the V fours and everybody

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Speaker 1: knew them for their twins, for the purists, it was

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Speaker 1: like sacrilege.

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Speaker 3: Well, it's what saved BMW. When they were building. They

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Speaker 3: were going in the wrong direction in the fifties with

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Speaker 3: the five oh one to five h three five oh seven,

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Speaker 3: and as they were approaching the precipice of massive failure,

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Speaker 3: they finally realized, well, we've got the Ista, which was innovative,

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Speaker 3: We've got the small seven hundred series cars, and then

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Speaker 3: they broke into what was what saved them, which was

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Speaker 3: the sixteen hundred going into the two thousand and two.

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Speaker 3: So they've always been innovative to save their own skin.

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Speaker 3: I mean, maybe that's looking back and kind of coloring

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Speaker 3: it the way I want to for the argument, but

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Speaker 3: I think they've always done that. I mean, they have

324
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Speaker 3: threatened to fail many times, and the two thousand and

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Speaker 3: two is absolutely still one of my favorite classic cars.

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Speaker 3: I mean, having owned Hannah, do you know this is embarrassing.

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Speaker 3: I've had thirteen of them.

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Speaker 1: Wow, Wow, I'm shocked.

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Speaker 3: Owned every derivative of that car except the turbo, which

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Speaker 3: I never liked the look of but I wow.

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Speaker 2: I've never heard you talk about those ever.

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Speaker 3: Yeah, and Amanda would would, my wife, Amanda to the audience,

333
00:17:10,800 --> 00:17:13,440
Speaker 3: would look at me and go, that's not the same

334
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Speaker 3: colored one that was in the garage a year ago.

335
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Speaker 3: Did you get another one? It was like, yeah, another

336
00:17:17,680 --> 00:17:19,159
Speaker 3: one to get rid of the last one? Is this

337
00:17:19,240 --> 00:17:21,520
Speaker 3: the last one? Yes, this is going to be the

338
00:17:21,600 --> 00:17:24,520
Speaker 3: last one, And then inevitably there was never a last

339
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Speaker 3: one until about four years ago, and then I finally

340
00:17:27,040 --> 00:17:30,119
Speaker 3: just said I've wrung this out as far as I

341
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Speaker 3: can take it. With the Alpina two thousand TII Touring,

342
00:17:38,240 --> 00:17:41,119
Speaker 3: which was a magnificently driving car, but it was just

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Speaker 3: this weird little thing, you know. I just always had

344
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Speaker 3: a fondness for them.

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Speaker 2: Steve, This brings up a question that I've never asked you.

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Speaker 2: What and maybe Matt you have a take on this too.

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Speaker 2: What is the agreement with the significant other about buying

348
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Speaker 2: new vehicles? Do you have to ask for permission or

349
00:17:58,960 --> 00:18:01,239
Speaker 2: run it by her or do you kind of just

350
00:18:01,400 --> 00:18:04,399
Speaker 2: switch them out in the garage and maybe she notices.

351
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Speaker 3: Well a later. Yeah, it's a little bit of a

352
00:18:07,280 --> 00:18:09,200
Speaker 3: cheat for me, having been.

353
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Speaker 2: In the business business.

354
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Speaker 3: Sure, so there are a great many things that would

355
00:18:13,000 --> 00:18:16,000
Speaker 3: come and go that I had no intention of keeping.

356
00:18:16,040 --> 00:18:21,199
Speaker 3: So I think there's always that have I been in

357
00:18:21,240 --> 00:18:28,400
Speaker 3: this before she's saying that, or where did this come from?

358
00:18:28,560 --> 00:18:32,560
Speaker 3: And I have a mental log of dollars that I

359
00:18:32,640 --> 00:18:36,880
Speaker 3: will tie up in cars, and if I'm buying something,

360
00:18:36,960 --> 00:18:40,760
Speaker 3: I've got to get rid of something. So I know

361
00:18:40,920 --> 00:18:45,200
Speaker 3: she gives me. Amanda has given me massive latitude over

362
00:18:45,200 --> 00:18:49,600
Speaker 3: the years to go, this is interesting. I like this.

363
00:18:49,680 --> 00:18:52,280
Speaker 3: I don't like this. The car that she likes the most,

364
00:18:52,320 --> 00:18:55,919
Speaker 3: I think you'll appreciate, Hannah is the Bentley GT so

365
00:18:56,440 --> 00:18:58,440
Speaker 3: one of the few cars she's ever gotten into this.

366
00:18:58,520 --> 00:18:59,680
Speaker 3: I really like this car.

367
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Speaker 2: Yes, so it's such an adult it's a car for adults.

368
00:19:03,359 --> 00:19:04,080
Speaker 1: Continental GT.

369
00:19:04,280 --> 00:19:07,560
Speaker 3: Yeah. The W twelve big nine on the grill of

370
00:19:07,600 --> 00:19:10,840
Speaker 3: the Lamar version. It's completely obnoxious and wonderful.

371
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Speaker 1: I love the number on grill. It's so nice that

372
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Speaker 1: they do that.

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Speaker 2: It's so interesting too, just to see your sort of

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Speaker 2: embrace of modern cars too, because as someone who really

375
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Speaker 2: deals with classics, Steve, you do also buy modern cars.

376
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Speaker 2: It's not one or the other for you. It seems

377
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Speaker 2: that you really enjoy both.

378
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Speaker 3: It was a slow burn, and I think the car

379
00:19:34,880 --> 00:19:40,160
Speaker 3: that did it for me. Amanda has a fiftieth anniversary

380
00:19:40,440 --> 00:19:43,520
Speaker 3: nine to eleven that we got new, and it's her car,

381
00:19:43,720 --> 00:19:47,200
Speaker 3: and I didn't really even I hadn't spent much time

382
00:19:47,240 --> 00:19:50,440
Speaker 3: in modern nine to elevens that I wanted to ever keep

383
00:19:50,640 --> 00:19:53,320
Speaker 3: or thought about ordering, and that car bit me and

384
00:19:53,320 --> 00:19:56,320
Speaker 3: I always referred to it as a sweet spot car.

385
00:19:56,440 --> 00:19:59,560
Speaker 3: They just portion nailed it with the exterior, the amount

386
00:19:59,560 --> 00:20:01,440
Speaker 3: of performer. It's the PDK box in it.

387
00:20:01,760 --> 00:20:05,359
Speaker 1: The interior too, you could get the seats.

388
00:20:05,440 --> 00:20:08,119
Speaker 3: Yeah, so that led me down the rabbit hole. I

389
00:20:08,200 --> 00:20:10,960
Speaker 3: mean again, Matt, we were talking earlier about what I've

390
00:20:11,000 --> 00:20:14,080
Speaker 3: sold new Aston Martin. I was a Lotus dealer first,

391
00:20:14,119 --> 00:20:18,800
Speaker 3: then Aston Martin, then Bugatti, then Selene, then Spiker Vespa.

392
00:20:19,200 --> 00:20:23,240
Speaker 3: I think that's it. I can't remember. So, yeah, everybody

393
00:20:23,240 --> 00:20:26,320
Speaker 3: tried something for a while and none of those things.

394
00:20:27,000 --> 00:20:31,560
Speaker 3: I never fit well in the modern Astens until the

395
00:20:31,600 --> 00:20:33,399
Speaker 3: shooting break that I ended up keeping. I've got a

396
00:20:33,440 --> 00:20:37,480
Speaker 3: vanquished shooting break at home. So that's that's a comfortable

397
00:20:37,480 --> 00:20:41,360
Speaker 3: car for me. That generation vanquish from deeps from sort

398
00:20:41,359 --> 00:20:45,000
Speaker 3: of two thousand and nine DBS forward. I thought, yeah,

399
00:20:45,000 --> 00:20:46,399
Speaker 3: I could keep one of these cars.

400
00:20:47,000 --> 00:20:50,320
Speaker 1: I've never seen a vanquished shooting break in real life.

401
00:20:50,480 --> 00:20:53,359
Speaker 3: Well, there's only fourteen of them in North America, eleven

402
00:20:53,440 --> 00:20:57,560
Speaker 3: in the United States, three in Canada, and I had

403
00:20:57,560 --> 00:21:00,719
Speaker 3: no intention of keeping it. It was a fire sale

404
00:21:01,080 --> 00:21:02,719
Speaker 3: in the sense that Aston Martin I had to get

405
00:21:02,760 --> 00:21:05,320
Speaker 3: it off their books. On New Year's Eve twenty nineteen,

406
00:21:05,359 --> 00:21:07,679
Speaker 3: they wanted it gone out of their inventory, and I

407
00:21:07,720 --> 00:21:10,680
Speaker 3: got a call East Coast time, I think at about

408
00:21:10,760 --> 00:21:13,560
Speaker 3: nine o'clock and they were still working in California, and said,

409
00:21:13,760 --> 00:21:15,520
Speaker 3: do you have anybody that want this car? Would you

410
00:21:15,560 --> 00:21:18,119
Speaker 3: take an inventory? And we negotiated a price on it,

411
00:21:18,160 --> 00:21:20,439
Speaker 3: and it came in. It was the last one in

412
00:21:20,480 --> 00:21:22,479
Speaker 3: the United States that they had to do something with

413
00:21:23,160 --> 00:21:27,440
Speaker 3: and it showed up and I thought, this is unbelievable.

414
00:21:27,440 --> 00:21:30,320
Speaker 1: The color black, it's all black. They are gorgeous.

415
00:21:30,400 --> 00:21:33,679
Speaker 3: So, yeah, it's it's an utterly in many ways, an

416
00:21:33,720 --> 00:21:37,520
Speaker 3: utterly useless car because it's two doors. The back area

417
00:21:37,840 --> 00:21:40,600
Speaker 3: is you know, there's sort of this hollow space. You

418
00:21:40,600 --> 00:21:43,600
Speaker 3: can't really put anything behind you because it'll come flying

419
00:21:43,640 --> 00:21:46,000
Speaker 3: forward when you stop, you know, so there's no divider

420
00:21:46,160 --> 00:21:50,040
Speaker 3: really except a bar and out of all the automobiles

421
00:21:50,040 --> 00:21:53,440
Speaker 3: I've ever had, that is the best sounding car because

422
00:21:53,480 --> 00:21:58,040
Speaker 3: we're all a carbon fiber in it. The exhaust resonates

423
00:21:58,080 --> 00:22:00,920
Speaker 3: through the car like nobody's business. Every time I'm in it.

424
00:22:01,240 --> 00:22:03,840
Speaker 3: If I'm talking to a colleague or a friend, they'll say,

425
00:22:03,840 --> 00:22:05,439
Speaker 3: you're in the aston Martin, aren't you? Because if you

426
00:22:05,480 --> 00:22:08,320
Speaker 3: step on it, it just goes right through the phone. So

427
00:22:08,400 --> 00:22:08,919
Speaker 3: that's cool.

428
00:22:09,119 --> 00:22:10,719
Speaker 1: Did you sell it or do you have it?

429
00:22:10,800 --> 00:22:10,840
Speaker 2: No?

430
00:22:10,920 --> 00:22:11,360
Speaker 3: I have it?

431
00:22:11,440 --> 00:22:11,880
Speaker 1: Oh nice?

432
00:22:11,920 --> 00:22:14,359
Speaker 3: And I threatened I could keep well, Hannah. This this

433
00:22:14,400 --> 00:22:19,160
Speaker 3: goes back to conversation earlier. You can't keep everything, so

434
00:22:19,240 --> 00:22:22,479
Speaker 3: this one, this one may be on the bubble.

435
00:22:22,800 --> 00:22:25,359
Speaker 1: How does it work at your house, Hannah? Because you

436
00:22:26,720 --> 00:22:30,760
Speaker 1: are a buyer of classic cars and your partner Magnus Walker, obviously,

437
00:22:30,800 --> 00:22:33,760
Speaker 1: as a collector of classic cars, do you have to

438
00:22:33,840 --> 00:22:36,800
Speaker 1: tell each other when you're gonna buy one or you're

439
00:22:36,840 --> 00:22:38,200
Speaker 1: always with each other? Hows that work?

440
00:22:38,520 --> 00:22:41,760
Speaker 2: That's a really good question. There's there certainly has never

441
00:22:41,800 --> 00:22:44,280
Speaker 2: been a discussion about you need to tell me before

442
00:22:44,320 --> 00:22:47,199
Speaker 2: you do anything. Obviously, he has his own money, He

443
00:22:47,240 --> 00:22:49,080
Speaker 2: does what he wants. I have my own money. I

444
00:22:49,240 --> 00:22:52,240
Speaker 2: do what I want. Although, but the thing is, it

445
00:22:52,400 --> 00:22:56,320
Speaker 2: just naturally comes up in conversation. You know, we're together

446
00:22:56,880 --> 00:22:59,840
Speaker 2: all the time, We're constantly looking at cars, We're constantly

447
00:23:00,280 --> 00:23:02,720
Speaker 2: each other links on bring a trailer. If it involves

448
00:23:02,720 --> 00:23:05,000
Speaker 2: a Rolls Royce, we're sending it to Steve. Sirio two

449
00:23:05,560 --> 00:23:09,399
Speaker 2: invariably tells us do not buy that, So you know,

450
00:23:09,600 --> 00:23:12,560
Speaker 2: it's never He's kind of like I can kind of

451
00:23:12,560 --> 00:23:16,280
Speaker 2: tell if he's interested in something. I certainly would never

452
00:23:16,320 --> 00:23:18,760
Speaker 2: get upset with him if he he doesn't have to

453
00:23:18,800 --> 00:23:20,760
Speaker 2: ask my permission, you know. And I don't think you

454
00:23:20,800 --> 00:23:24,040
Speaker 2: would get upset with me for bringing home anything. Now

455
00:23:24,080 --> 00:23:25,959
Speaker 2: I'm kind of wanting to bring home a puppy. We'll

456
00:23:25,960 --> 00:23:29,080
Speaker 2: see how that goes over. But no, I you know,

457
00:23:29,119 --> 00:23:30,159
Speaker 2: it's very free flowing.

458
00:23:30,240 --> 00:23:32,679
Speaker 1: What about new cars? Like, does either one of you

459
00:23:32,800 --> 00:23:35,679
Speaker 1: have any interest in buying a new car or a

460
00:23:35,720 --> 00:23:37,480
Speaker 1: modern car that's not a nine to eleven.

461
00:23:38,119 --> 00:23:40,760
Speaker 2: The cars I like that are modern I cannot afford,

462
00:23:41,520 --> 00:23:45,359
Speaker 2: so that that's it. I have expensive taste for modern cars,

463
00:23:45,359 --> 00:23:48,200
Speaker 2: and I'm very spoiled. So I think that's another reason

464
00:23:48,200 --> 00:23:51,159
Speaker 2: why I just I only buy old things for my

465
00:23:51,200 --> 00:23:54,119
Speaker 2: own self. I want something that is really interesting to

466
00:23:54,200 --> 00:23:57,040
Speaker 2: me and fun to drive and has a personality. And

467
00:23:57,080 --> 00:24:00,280
Speaker 2: typically those kinds of cars, if they're modern, him to

468
00:24:00,280 --> 00:24:02,520
Speaker 2: be expensive. So those are out of my price.

469
00:24:02,520 --> 00:24:05,560
Speaker 1: And that's why I started buying motorcycles. And I've always

470
00:24:05,680 --> 00:24:08,720
Speaker 1: had I've never had the issue of buying a car

471
00:24:08,760 --> 00:24:12,280
Speaker 1: without telling my wife, but I have showed up with

472
00:24:12,480 --> 00:24:16,560
Speaker 1: new Ducats, and she made a rule a while back,

473
00:24:16,720 --> 00:24:19,280
Speaker 1: if you buy another motorcycle without telling me, I'm going

474
00:24:19,320 --> 00:24:21,800
Speaker 1: to get a cat. And then all of a sudden

475
00:24:21,800 --> 00:24:24,600
Speaker 1: we had two cats, and I realized, yes, don't make

476
00:24:24,600 --> 00:24:25,440
Speaker 1: that mistake again.

477
00:24:25,680 --> 00:24:28,000
Speaker 2: See you know that I kind of was thinking that

478
00:24:28,040 --> 00:24:30,880
Speaker 2: the last Corvette we bought, obviously he bought it because

479
00:24:30,880 --> 00:24:34,440
Speaker 2: he liked the one that I drive so much, and

480
00:24:34,680 --> 00:24:36,920
Speaker 2: I thought, well, if he's going to get another Corvette,

481
00:24:36,920 --> 00:24:38,399
Speaker 2: maybe I'll get another dog. You know.

482
00:24:39,280 --> 00:24:41,520
Speaker 1: Would you have a McLaren. Would you have a McLaren

483
00:24:41,600 --> 00:24:43,560
Speaker 1: seven fifty s Spider Hannah.

484
00:24:43,800 --> 00:24:47,320
Speaker 2: No, that's a great question, Matt Miller, and no, I

485
00:24:47,359 --> 00:24:52,600
Speaker 2: would not because the McClaren is a ode to robotic

486
00:24:53,000 --> 00:24:57,280
Speaker 2: clinical precision, and I'm actually not somebody who wants or

487
00:24:57,359 --> 00:25:00,320
Speaker 2: needs clinical precision in my life. I know. Oh, there

488
00:25:00,320 --> 00:25:03,919
Speaker 2: are great swaths of people who really love McLaren for

489
00:25:03,960 --> 00:25:07,119
Speaker 2: that reason. And I would say the seven fifty s

490
00:25:07,320 --> 00:25:11,439
Speaker 2: is a very fun and fast car to drive, but

491
00:25:11,600 --> 00:25:17,120
Speaker 2: it is really clinical. The interior is minimal. Of course,

492
00:25:17,280 --> 00:25:20,800
Speaker 2: the center console screen is still really frustrating to use,

493
00:25:20,840 --> 00:25:23,120
Speaker 2: and that's sort of been a thing with McLaren. It's

494
00:25:23,160 --> 00:25:25,840
Speaker 2: really narrow and vertical, and there are lots of layers

495
00:25:25,880 --> 00:25:27,760
Speaker 2: you have to go through to you know, do simple

496
00:25:28,080 --> 00:25:31,639
Speaker 2: tasks like get to the navigation or the audio. But

497
00:25:31,800 --> 00:25:34,439
Speaker 2: you know, in terms of a car that it is

498
00:25:34,480 --> 00:25:35,000
Speaker 2: weird looking.

499
00:25:35,040 --> 00:25:36,879
Speaker 1: I'm looking in your I'm looking at your story on

500
00:25:36,880 --> 00:25:40,000
Speaker 1: Bloomberg dot com, and yes, I did not expect that.

501
00:25:40,400 --> 00:25:41,959
Speaker 2: It's like, if you want to get a car that

502
00:25:42,000 --> 00:25:45,080
Speaker 2: really screams, I've got a supercar, it's a It's perfect

503
00:25:45,119 --> 00:25:48,320
Speaker 2: because it will let everybody know you are in a

504
00:25:48,800 --> 00:25:52,280
Speaker 2: expensive supercar. And if that's what you want.

505
00:25:52,280 --> 00:25:54,160
Speaker 1: No, But I mean the screen. I love the look

506
00:25:54,160 --> 00:25:56,680
Speaker 1: of the car, and I love the color. And I've

507
00:25:56,720 --> 00:25:59,200
Speaker 1: had this discussion before. It's like a slate blue. I

508
00:25:59,240 --> 00:26:00,120
Speaker 1: don't know what it is.

509
00:26:00,080 --> 00:26:02,680
Speaker 2: Yeah, you know what. It kind of looked almost periwinkle

510
00:26:02,760 --> 00:26:04,879
Speaker 2: in real life, and I was kind of cringing at it,

511
00:26:04,920 --> 00:26:08,000
Speaker 2: but then in photographs, as I was looking back at photographs,

512
00:26:08,000 --> 00:26:10,560
Speaker 2: I thought it kind of looks amazing, especially against the

513
00:26:10,640 --> 00:26:17,720
Speaker 2: red rocks out with the Yeah, it's just so odd.

514
00:26:18,760 --> 00:26:20,600
Speaker 2: This has been a thing with McLaren, and I have

515
00:26:20,640 --> 00:26:22,920
Speaker 2: to say the interior of the car really has improved

516
00:26:22,960 --> 00:26:25,520
Speaker 2: in terms of fit and finish and quality. That has

517
00:26:25,600 --> 00:26:27,800
Speaker 2: really been an issue with McLaren and they really have

518
00:26:27,880 --> 00:26:30,760
Speaker 2: worked hard to improve that. So no dings for that

519
00:26:30,880 --> 00:26:33,879
Speaker 2: at all. I would say obviously, if you're a bigger

520
00:26:33,920 --> 00:26:37,760
Speaker 2: guy or someone who's not incredibly flexible or agile, you

521
00:26:37,840 --> 00:26:39,840
Speaker 2: might look a little awkward getting in and out of

522
00:26:39,840 --> 00:26:43,480
Speaker 2: this car because it's so low and the doors open

523
00:26:43,680 --> 00:26:47,320
Speaker 2: and they open up of course they have that dihedral

524
00:26:47,480 --> 00:26:52,920
Speaker 2: opening system, and I saw a lot of guys looking

525
00:26:52,960 --> 00:26:54,960
Speaker 2: a little awkward getting in and out. To be honest,

526
00:26:55,200 --> 00:26:55,639
Speaker 2: see what do.

527
00:26:55,600 --> 00:26:58,240
Speaker 1: You think claren about the brand?

528
00:26:58,760 --> 00:27:03,080
Speaker 3: It's the architecture has never resonated with me. I know

529
00:27:03,160 --> 00:27:09,000
Speaker 3: too much about the manufacturing to care. I've had this

530
00:27:09,080 --> 00:27:11,920
Speaker 3: conversation with Hannah before about you know who fails first

531
00:27:12,000 --> 00:27:16,639
Speaker 3: aston Martina McLaren. I think we've had that discussion, but

532
00:27:16,880 --> 00:27:21,000
Speaker 3: it's I. I appreciated the F one and have sold

533
00:27:21,000 --> 00:27:24,720
Speaker 3: a couple of them over the years. I understand why

534
00:27:24,760 --> 00:27:28,320
Speaker 3: that was the ultimate car for a generation of people,

535
00:27:28,359 --> 00:27:31,000
Speaker 3: and why they command the dollars they command and a

536
00:27:31,080 --> 00:27:35,760
Speaker 3: successful racing program that nothing does nothing for me. And

537
00:27:35,840 --> 00:27:41,760
Speaker 3: going back to the crossover from old cars to new cars,

538
00:27:42,320 --> 00:27:46,159
Speaker 3: I think that's why I have really been a just

539
00:27:46,320 --> 00:27:49,520
Speaker 3: lover of modern Porsches nine to eleven, because in a

540
00:27:49,560 --> 00:27:53,520
Speaker 3: great many ways it's still the old car. It's not filled.

541
00:27:53,560 --> 00:27:55,439
Speaker 3: And we used to say this about Aston Martins. If

542
00:27:55,480 --> 00:27:57,119
Speaker 3: you want, if you want a lot of tech, go

543
00:27:57,160 --> 00:27:59,720
Speaker 3: buy a Mercedes Bens, go buy a BMW. Aston was

544
00:27:59,760 --> 00:28:04,760
Speaker 3: all is very low tech and purposely done up until

545
00:28:04,760 --> 00:28:06,560
Speaker 3: a point where they couldn't afford new tech. But there

546
00:28:06,560 --> 00:28:09,639
Speaker 3: were the ethos of the company was the driving experience.

547
00:28:09,680 --> 00:28:13,320
Speaker 3: And when they were making manual transmission cars, you didn't

548
00:28:13,359 --> 00:28:14,960
Speaker 3: buy one because it had you know, you bought a

549
00:28:15,040 --> 00:28:17,280
Speaker 3: Lexus if you wanted all the Widgets in the early

550
00:28:17,320 --> 00:28:24,280
Speaker 3: two thousands. Yeah, and getting in my wife's nine twelve,

551
00:28:24,400 --> 00:28:29,359
Speaker 3: getting in the fiftieth anniversary car, or getting in you know,

552
00:28:29,600 --> 00:28:32,320
Speaker 3: I've got a GTS Target and I've also got the

553
00:28:32,400 --> 00:28:35,000
Speaker 3: pair of sport classics, the old one and the new one.

554
00:28:35,440 --> 00:28:38,320
Speaker 3: They all fit in it, and you kind of go, ah,

555
00:28:38,480 --> 00:28:41,080
Speaker 3: this is why I love this because of simplicity. It's

556
00:28:41,280 --> 00:28:45,280
Speaker 3: just it's it's home, and I love the simplicity of it.

557
00:28:45,440 --> 00:28:48,440
Speaker 3: Every time I look at a new car and the

558
00:28:48,520 --> 00:28:53,080
Speaker 3: hypercars really have zero appeal to me. I mean for

559
00:28:53,840 --> 00:28:56,760
Speaker 3: either expensive b that you can't use them, all of

560
00:28:56,800 --> 00:29:01,320
Speaker 3: them given doesn't do anything for me. Now, I appreciate it,

561
00:29:01,360 --> 00:29:03,680
Speaker 3: But when when that came out in its first form

562
00:29:03,960 --> 00:29:07,520
Speaker 3: in the vey run, I mean, this just don't.

563
00:29:07,560 --> 00:29:10,440
Speaker 1: I don't have the life your own. I think is

564
00:29:10,560 --> 00:29:12,200
Speaker 1: just beautiful way to.

565
00:29:12,200 --> 00:29:14,080
Speaker 2: See the successor coming out in June.

566
00:29:14,280 --> 00:29:18,440
Speaker 3: Get beautiful to look at and in the hand it

567
00:29:18,560 --> 00:29:21,400
Speaker 3: to your point, even if I could afford them, I

568
00:29:21,440 --> 00:29:24,080
Speaker 3: can nowhere you're afford them. I wouldn't have one because

569
00:29:24,120 --> 00:29:26,280
Speaker 3: I would I don't know what to do with it

570
00:29:26,640 --> 00:29:30,160
Speaker 3: and if I can't do something with it, It's that

571
00:29:30,400 --> 00:29:33,640
Speaker 3: well overused phrase, I'd rather drive a slow car fast

572
00:29:33,680 --> 00:29:35,600
Speaker 3: than a fast car slow, for sure.

573
00:29:36,400 --> 00:29:38,880
Speaker 1: That's what I love about this BMW I'm driving right now.

574
00:29:38,920 --> 00:29:41,400
Speaker 1: It's got this I four, but it's the engine is

575
00:29:41,440 --> 00:29:44,920
Speaker 1: responsive and it's it's fun to move the pedal around

576
00:29:44,920 --> 00:29:46,120
Speaker 1: and play with the acceleration.

577
00:29:46,320 --> 00:29:48,080
Speaker 2: You're engaged, Yeah, you're engaged.

578
00:29:48,120 --> 00:29:50,160
Speaker 1: And it's only I think two hundred and fifty horse

579
00:29:50,160 --> 00:29:53,040
Speaker 1: power or something, but it's perfect. I would like the

580
00:29:53,080 --> 00:29:55,239
Speaker 1: car to be smaller now. I want to try that

581
00:29:55,280 --> 00:29:57,040
Speaker 1: in like a three or a two.

582
00:29:57,480 --> 00:30:01,160
Speaker 3: The horse barer wars always make me giggle because it's like, Okay,

583
00:30:01,480 --> 00:30:05,240
Speaker 3: do you have your own private highway where you're going

584
00:30:05,280 --> 00:30:08,120
Speaker 3: with a thousand horsepower or twelve hundred horsepar six.

585
00:30:08,360 --> 00:30:11,800
Speaker 1: Yeah, but it's not going right, Hannah. You drive and

586
00:30:11,840 --> 00:30:13,480
Speaker 1: test out these hyper cars all the time, and you

587
00:30:13,520 --> 00:30:15,840
Speaker 1: were just talking to supercar Blondie, who also does it

588
00:30:15,880 --> 00:30:19,280
Speaker 1: as well. I imagine the people who buy these buy them

589
00:30:19,280 --> 00:30:20,760
Speaker 1: the same way they would buy like a Rothco.

590
00:30:21,160 --> 00:30:21,320
Speaker 3: Right.

591
00:30:21,560 --> 00:30:24,360
Speaker 2: Yeah, that's a really interesting thing I've noticed, and obviously

592
00:30:24,400 --> 00:30:26,920
Speaker 2: Steve can talk about this too, but especially with the

593
00:30:27,000 --> 00:30:32,400
Speaker 2: decommissioned Formula cars, I'm really fascinated by the people buying

594
00:30:32,400 --> 00:30:36,560
Speaker 2: those because obviously you can't drive them, and they are

595
00:30:36,600 --> 00:30:40,560
Speaker 2: being purchased like pieces of art. And I wanted to

596
00:30:40,600 --> 00:30:43,320
Speaker 2: ask Steve too, you know, I'm very curious about we're

597
00:30:43,360 --> 00:30:47,480
Speaker 2: talking about hypercars. What about electric hypercars like the Nevara

598
00:30:47,800 --> 00:30:52,920
Speaker 2: from Remac or the Peninfarina Batista. You know, people, I think,

599
00:30:52,960 --> 00:30:57,000
Speaker 2: to your point, Matt, are purchasing those because they think

600
00:30:57,000 --> 00:31:03,000
Speaker 2: they're significant and historic important. But I don't get the

601
00:31:03,000 --> 00:31:05,239
Speaker 2: sense that they're buying them to drive them. Is that

602
00:31:05,280 --> 00:31:07,040
Speaker 2: what you're seeing Steve as well.

603
00:31:07,080 --> 00:31:10,640
Speaker 3: Yeah, I don't. The folks that I know that have

604
00:31:10,880 --> 00:31:13,320
Speaker 3: put deposits on a great many of those things that

605
00:31:13,720 --> 00:31:16,320
Speaker 3: you wonder if they're ever going to get delivered. It

606
00:31:16,360 --> 00:31:19,680
Speaker 3: almost seems like a worldwide vanity project with the manufacturers,

607
00:31:19,720 --> 00:31:24,320
Speaker 3: those small car guys. I applaud Konozegg for going down

608
00:31:24,360 --> 00:31:26,960
Speaker 3: the road they did and became a real company. Pegani

609
00:31:27,480 --> 00:31:30,120
Speaker 3: became a real company, neither of which appealed to me

610
00:31:30,160 --> 00:31:34,560
Speaker 3: on any level. But the electric cars, if you go

611
00:31:34,600 --> 00:31:36,800
Speaker 3: to the factory. I've never been to the factory. I've

612
00:31:36,800 --> 00:31:38,400
Speaker 3: had a few of them in trade, and I.

613
00:31:38,360 --> 00:31:40,560
Speaker 1: Highly recommend a tour of the factory if you're ever

614
00:31:40,640 --> 00:31:42,120
Speaker 1: in the motor Valley.

615
00:31:42,200 --> 00:31:44,000
Speaker 3: I would like to do that. I would like to

616
00:31:44,000 --> 00:31:45,400
Speaker 3: see how those things come together.

617
00:31:46,400 --> 00:31:48,160
Speaker 2: But I that sounds a little shady.

618
00:31:49,880 --> 00:31:55,800
Speaker 3: Well, I know, the engines, Yeah, yeah, I don't. I

619
00:31:55,840 --> 00:31:59,240
Speaker 3: don't get like the Batista is the classic thing. I mean,

620
00:31:59,400 --> 00:32:01,320
Speaker 3: it came out all this fanfare. When are you going

621
00:32:01,400 --> 00:32:03,120
Speaker 3: to see it? I mean we laugh about this, Hannah,

622
00:32:03,120 --> 00:32:06,480
Speaker 3: when we talk about things like the Radford or these

623
00:32:06,520 --> 00:32:11,520
Speaker 3: little vanity project companies. When when you have to pencil

624
00:32:11,560 --> 00:32:13,080
Speaker 3: it out and it doesn't pencil out, That's why I

625
00:32:13,080 --> 00:32:15,560
Speaker 3: lose interest in it if it's not a real thing.

626
00:32:16,280 --> 00:32:17,920
Speaker 3: Singer became a real lit.

627
00:32:17,840 --> 00:32:20,560
Speaker 2: Just going to ask you when did Singer cross over for.

628
00:32:20,520 --> 00:32:25,160
Speaker 3: You private equity? When they got in when they morphed

629
00:32:25,160 --> 00:32:27,640
Speaker 3: into one big space and they got big money behind them,

630
00:32:27,640 --> 00:32:30,600
Speaker 3: and they came out with their dls and you know

631
00:32:30,680 --> 00:32:33,800
Speaker 3: that that's become a real car company. I'd still love

632
00:32:33,840 --> 00:32:36,120
Speaker 3: to look at the numbers just for my own curiosity.

633
00:32:36,160 --> 00:32:37,640
Speaker 3: I mean, I've got no stake in it. And the

634
00:32:37,680 --> 00:32:42,240
Speaker 3: private equity guys are that team of people are widely successful,

635
00:32:42,560 --> 00:32:44,840
Speaker 3: and I don't think they bought it as a pet project.

636
00:32:44,880 --> 00:32:46,000
Speaker 3: They want to make money with it.

637
00:32:46,240 --> 00:32:49,760
Speaker 1: I just had dinner with the one of the principles.

638
00:32:49,200 --> 00:32:51,280
Speaker 3: Wagner of Nighthead. Interesting.

639
00:32:51,560 --> 00:32:54,480
Speaker 1: They do a number of other things also besides cars.

640
00:32:54,480 --> 00:32:56,000
Speaker 1: Hannah and I've been talking about it they own some

641
00:32:56,200 --> 00:32:58,880
Speaker 1: WC racing teams, they own the British Football Club.

642
00:32:59,480 --> 00:33:02,320
Speaker 3: Well, I mean the guys in the in this city.

643
00:33:02,400 --> 00:33:05,000
Speaker 3: When they bought Hurtz, that was a big turnaround for them.

644
00:33:05,360 --> 00:33:09,760
Speaker 3: And they sponsor Mike Pal's Jodah team Jodah that.

645
00:33:09,800 --> 00:33:10,760
Speaker 1: Runs again exactly.

646
00:33:10,960 --> 00:33:14,600
Speaker 3: So that's that's, my dear friend. Is there's the principle

647
00:33:14,600 --> 00:33:18,720
Speaker 3: of that team. So I get it. So I think Singer,

648
00:33:19,040 --> 00:33:23,040
Speaker 3: you know, properly jumped into a real car company and.

649
00:33:23,720 --> 00:33:28,000
Speaker 2: Is Gunther works there no nowhere near.

650
00:33:28,440 --> 00:33:30,240
Speaker 3: I know just enough about that to be dangerous. I

651
00:33:30,240 --> 00:33:33,239
Speaker 3: mean there's a real company behind them. We'll see how

652
00:33:33,280 --> 00:33:35,000
Speaker 3: they survive the whoopsie.

653
00:33:36,240 --> 00:33:36,520
Speaker 2: Yeah.

654
00:33:36,560 --> 00:33:39,400
Speaker 1: I just watched the the the theon design video on

655
00:33:39,480 --> 00:33:42,360
Speaker 1: Harry's garage. Have you seen that. It's like the British singer.

656
00:33:42,440 --> 00:33:43,320
Speaker 3: I don't know what that is.

657
00:33:43,400 --> 00:33:45,520
Speaker 1: It's like the British singer and they haven't made too

658
00:33:45,520 --> 00:33:49,440
Speaker 1: many but it looks amazing. And Harry Metcalf made the

659
00:33:49,480 --> 00:33:53,160
Speaker 1: same comment that well I've heard Hannah make before about

660
00:33:53,200 --> 00:33:55,320
Speaker 1: like I don't really want to get into these kind

661
00:33:55,360 --> 00:34:00,760
Speaker 1: of these kind of resto mode companies because you never

662
00:34:00,840 --> 00:34:02,920
Speaker 1: know what you're getting and it could be just kind

663
00:34:02,920 --> 00:34:06,120
Speaker 1: of a big scam. But he said this car is legit,

664
00:34:06,760 --> 00:34:08,600
Speaker 1: and that's a guy whose opinion I trust.

665
00:34:08,719 --> 00:34:11,360
Speaker 3: Well, Tutthill makes a great nine to eleven, you know

666
00:34:11,880 --> 00:34:14,600
Speaker 3: sort of version. You know that they make great stuff,

667
00:34:15,080 --> 00:34:17,520
Speaker 3: they don't make it. They'ren't make any money doing it right,

668
00:34:17,880 --> 00:34:20,120
Speaker 3: It's just kind of an arm of their business for marketing.

669
00:34:20,160 --> 00:34:22,200
Speaker 3: I think, I know he'd like to make more of them,

670
00:34:22,520 --> 00:34:25,840
Speaker 3: but I don't think that's something that is cost effective.

671
00:34:27,480 --> 00:34:28,600
Speaker 3: The volume isn't there.

672
00:34:36,239 --> 00:34:39,880
Speaker 1: Why don't we get onto the main event, which is

673
00:34:40,080 --> 00:34:42,120
Speaker 1: I don't know exactly what you took from our brief

674
00:34:42,160 --> 00:34:46,399
Speaker 1: Because Hannah and Steve and I are on a message change.

675
00:34:46,440 --> 00:34:48,080
Speaker 1: I was like, hey, what are the five cars you

676
00:34:48,080 --> 00:34:49,680
Speaker 1: would take to a desert island if there was a

677
00:34:49,760 --> 00:34:51,719
Speaker 1: racetrack but no mechanic. And then Hannah was like, no,

678
00:34:51,800 --> 00:34:53,520
Speaker 1: that's not a good idea, Let's do something else.

679
00:34:53,640 --> 00:34:56,239
Speaker 2: So what I was like, I want a mechanic, no racetrack.

680
00:34:56,480 --> 00:34:59,320
Speaker 1: Yes, I mean my idea was that you know cars

681
00:34:59,360 --> 00:35:01,919
Speaker 1: that The reason I thought of it was because we're

682
00:35:01,920 --> 00:35:04,360
Speaker 1: always talking about she has these Rolls Royces and I

683
00:35:04,400 --> 00:35:06,480
Speaker 1: really want to a Bentley Turbo R.

684
00:35:06,680 --> 00:35:09,759
Speaker 2: Or maybe yes, I need to say a pinpoint here.

685
00:35:09,880 --> 00:35:13,480
Speaker 2: This is what really got me to get Steve on

686
00:35:13,480 --> 00:35:16,360
Speaker 2: on the podcast, because we had this long discussion about

687
00:35:16,880 --> 00:35:19,879
Speaker 2: possibly Matt getting into some Bentley's and the whole time

688
00:35:19,920 --> 00:35:23,240
Speaker 2: I was like, we need Steve Syriar to set us straight.

689
00:35:23,320 --> 00:35:26,200
Speaker 3: I was listening to you on the treadmill that day

690
00:35:26,280 --> 00:35:29,759
Speaker 3: and my head was I was doing an exorcism. My

691
00:35:29,840 --> 00:35:30,800
Speaker 3: head was spinning.

692
00:35:31,040 --> 00:35:34,000
Speaker 1: Well, the viewing concern is, my concern is, then you

693
00:35:34,040 --> 00:35:36,279
Speaker 1: buy a Bentley for I don't know, you can get

694
00:35:36,360 --> 00:35:38,200
Speaker 1: him for twenty, you can get him for sixty, right,

695
00:35:38,239 --> 00:35:41,400
Speaker 1: but around that, around that space, and then you end

696
00:35:41,480 --> 00:35:44,040
Speaker 1: up putting double or triple the amount of them in repairs.

697
00:35:44,040 --> 00:35:47,400
Speaker 3: Well exactly because the cars you're buying for twenty or

698
00:35:47,440 --> 00:35:52,640
Speaker 3: sixty have depreciated to that point because they were never

699
00:35:53,000 --> 00:35:56,120
Speaker 3: very good cars to begin with. They were woefully expensive

700
00:35:56,160 --> 00:35:59,560
Speaker 3: to fix from new, and now that there's there ten

701
00:35:59,600 --> 00:36:05,480
Speaker 3: to fifty Dean twenty thirty years old, they're orphans again,

702
00:36:05,560 --> 00:36:09,560
Speaker 3: not all of them, but it's it's a period where

703
00:36:09,640 --> 00:36:12,239
Speaker 3: and I talk about this when I get calls from

704
00:36:12,239 --> 00:36:14,800
Speaker 3: people and they say I want to buy a Lagonda.

705
00:36:14,840 --> 00:36:17,200
Speaker 3: I went and I went through this list with Hannah.

706
00:36:17,640 --> 00:36:21,360
Speaker 3: They are like the four horsemen of the apocalypse in

707
00:36:21,400 --> 00:36:26,759
Speaker 3: the car world, the Lagonda, the Aston Martin, Varrage and

708
00:36:26,840 --> 00:36:30,880
Speaker 3: in Bentley fill in the blank, probably early gen turbo

709
00:36:31,080 --> 00:36:36,120
Speaker 3: r in a Maserati Quatraporte. They're all there's a period

710
00:36:36,120 --> 00:36:39,560
Speaker 3: of time when all that manufacturing was so awful, and

711
00:36:39,600 --> 00:36:43,360
Speaker 3: the technology, whether it was a wiring harness, whether it

712
00:36:43,360 --> 00:36:45,440
Speaker 3: was a water pump, whether it was the weight of

713
00:36:45,480 --> 00:36:47,440
Speaker 3: the car against the systems that were in it.

714
00:36:47,840 --> 00:36:50,920
Speaker 1: They were all transmission shifting actuator, the all.

715
00:36:51,120 --> 00:36:55,239
Speaker 3: They're all under engineered and now they're old things. And

716
00:36:55,440 --> 00:36:57,960
Speaker 3: this is the again an adage from an old mechanic

717
00:36:58,000 --> 00:36:59,839
Speaker 3: of mine. A lot of these cars haven't been used

718
00:36:59,840 --> 00:37:03,719
Speaker 3: over the years, which means you're still aging when you sleep, right,

719
00:37:04,200 --> 00:37:07,000
Speaker 3: So these cars are all aging as they sleep, and

720
00:37:07,080 --> 00:37:10,640
Speaker 3: if people aren't using them, every system is falling apart

721
00:37:10,719 --> 00:37:13,319
Speaker 3: in the car while it's sitting there. And they were

722
00:37:13,360 --> 00:37:17,720
Speaker 3: so overly complex at the time because Bentley was still independent,

723
00:37:17,800 --> 00:37:21,440
Speaker 3: roles were still independent, Aston Martin was still independent, Maserati

724
00:37:21,560 --> 00:37:23,919
Speaker 3: was kind of not really getting looked at by Ferrari yet.

725
00:37:24,360 --> 00:37:29,279
Speaker 3: And it's like the engineers went Okay, I'm gonna draw

726
00:37:29,320 --> 00:37:32,359
Speaker 3: this beautiful shape. Oh now we have to make it go,

727
00:37:32,800 --> 00:37:34,360
Speaker 3: and we have to make it stop, and we have

728
00:37:34,440 --> 00:37:36,440
Speaker 3: to have things in it like windows that go up

729
00:37:36,440 --> 00:37:39,799
Speaker 3: and down. And you take any of those cars and

730
00:37:39,840 --> 00:37:42,279
Speaker 3: you go, oh, absolutely not. And how old are you?

731
00:37:42,600 --> 00:37:43,200
Speaker 1: I'm fifty?

732
00:37:43,360 --> 00:37:46,000
Speaker 3: Okay, see I would I would have said you were forty,

733
00:37:46,080 --> 00:37:47,160
Speaker 3: So I appreciate that.

734
00:37:47,520 --> 00:37:49,840
Speaker 2: Well, yeah, so he's very youthful.

735
00:37:49,960 --> 00:37:53,359
Speaker 3: I think the people who are now getting interested in

736
00:37:53,440 --> 00:37:57,719
Speaker 3: these era cars that were just I know this is

737
00:37:57,760 --> 00:38:00,480
Speaker 3: a PG show, so I can't use the language they

738
00:38:00,480 --> 00:38:01,000
Speaker 3: want to use, but.

739
00:38:01,000 --> 00:38:02,759
Speaker 1: They were like the most expensive cars in the world

740
00:38:02,760 --> 00:38:03,240
Speaker 1: at the time.

741
00:38:03,440 --> 00:38:06,480
Speaker 3: Yeah, okay. The people that own them originally suffered for

742
00:38:06,600 --> 00:38:09,880
Speaker 3: all of us. They're all up on a cross somewhere,

743
00:38:10,320 --> 00:38:14,520
Speaker 3: and now a whole generation of people are interested in

744
00:38:14,560 --> 00:38:16,360
Speaker 3: these cars that had no idea what they were like

745
00:38:16,400 --> 00:38:18,279
Speaker 3: when they were new. So they see these things and

746
00:38:18,320 --> 00:38:21,239
Speaker 3: go ooh, I could own a Rolls Royce or a

747
00:38:21,239 --> 00:38:23,600
Speaker 3: Bentley or an Aston Martin. And I get the calls

748
00:38:23,640 --> 00:38:25,600
Speaker 3: because I used to, you know, my history in the

749
00:38:25,640 --> 00:38:29,160
Speaker 3: Aston world, of well how bad can it be? And

750
00:38:29,200 --> 00:38:32,080
Speaker 3: it's like, you can't imagine how bad it could be

751
00:38:32,080 --> 00:38:34,560
Speaker 3: because it was so bad when the cars were new.

752
00:38:35,040 --> 00:38:36,160
Speaker 3: We were dumbfounded.

753
00:38:38,320 --> 00:38:41,759
Speaker 1: But I see, I look at Hannah. You know she

754
00:38:42,000 --> 00:38:46,880
Speaker 1: bought a Rolls Royce from the seventies. I think Magnus

755
00:38:46,880 --> 00:38:48,120
Speaker 1: bought one from a Yeah.

756
00:38:47,960 --> 00:38:50,239
Speaker 2: He got one when he saw how much I liked Man.

757
00:38:50,320 --> 00:38:52,760
Speaker 1: And those two drive their Rolls Royces all the time

758
00:38:52,840 --> 00:38:53,920
Speaker 1: and they never break down.

759
00:38:54,160 --> 00:38:55,839
Speaker 2: And Steve definitely told us, don't do that.

760
00:38:55,920 --> 00:38:58,200
Speaker 3: Well, Noe. That's that's when I learned Magnets does not

761
00:38:58,239 --> 00:39:01,719
Speaker 3: want anybody's opinion. That's why I stopped. That's when I

762
00:39:01,719 --> 00:39:06,080
Speaker 3: stopped giving him my opinion about anything. Well again, yeah,

763
00:39:06,200 --> 00:39:10,960
Speaker 3: they now you're older. See now you're into older tech

764
00:39:11,000 --> 00:39:13,680
Speaker 3: for the older generation. Yeah, fiftees, sixties and seventies. There's

765
00:39:13,719 --> 00:39:15,120
Speaker 3: only so many things that could go well.

766
00:39:15,239 --> 00:39:17,160
Speaker 1: They made the smart move and they didn't buy like

767
00:39:17,200 --> 00:39:19,320
Speaker 1: the Arnage or the Continental Tea or whatever.

768
00:39:19,880 --> 00:39:22,120
Speaker 3: I will tell you. Well, Hannah, you know my Shadows story.

769
00:39:22,200 --> 00:39:24,080
Speaker 2: I was going to say you you always said there

770
00:39:24,120 --> 00:39:25,239
Speaker 2: was one car that broke you.

771
00:39:25,920 --> 00:39:30,000
Speaker 3: Oh, that was Turboar. That was my Bentley Turboar at

772
00:39:30,000 --> 00:39:32,520
Speaker 3: the times of the Sopranos was on. The car was black.

773
00:39:32,640 --> 00:39:36,200
Speaker 3: It was very it was very northern New Jersey. I

774
00:39:36,239 --> 00:39:38,759
Speaker 3: love the way it looks so much, and it's the

775
00:39:38,800 --> 00:39:41,760
Speaker 3: only car every time I brought it in for service

776
00:39:41,760 --> 00:39:44,760
Speaker 3: because my shop couldn't work on it. It was between

777
00:39:44,800 --> 00:39:47,920
Speaker 3: four and six thousand dollars and I bought them with

778
00:39:47,960 --> 00:39:51,759
Speaker 3: thirty thousand miles on it. I loved driving it it.

779
00:39:52,239 --> 00:39:54,080
Speaker 3: I think I had it for two and a half

780
00:39:54,120 --> 00:39:58,000
Speaker 3: maybe three years, and I easily doubled the money of

781
00:39:58,200 --> 00:40:00,640
Speaker 3: the original price I think was about thirty thousand dollars

782
00:40:00,719 --> 00:40:03,640
Speaker 3: thirty two thousand dollars. I put another thirty five in

783
00:40:03,680 --> 00:40:07,040
Speaker 3: it and probably sold it for twenty five And that

784
00:40:07,120 --> 00:40:10,719
Speaker 3: was That was my own personal lesson. And I know

785
00:40:10,760 --> 00:40:13,439
Speaker 3: you talked about Matt Farrah, and I know Matt. I've

786
00:40:13,480 --> 00:40:16,319
Speaker 3: talked to him about buying that car he bought.

787
00:40:16,440 --> 00:40:17,240
Speaker 1: He bought a Turboar.

788
00:40:17,360 --> 00:40:19,400
Speaker 3: Also, he bought a Unicorn that was a one owner

789
00:40:19,400 --> 00:40:21,400
Speaker 3: car with twenty thousand miles on it that had always

790
00:40:21,440 --> 00:40:23,080
Speaker 3: been serviced. If he starts.

791
00:40:22,880 --> 00:40:26,120
Speaker 1: Driving but sitting but sitting, Steve, Yeah, well he's.

792
00:40:25,920 --> 00:40:29,160
Speaker 3: Now started to. Now he's going to use it, and

793
00:40:29,200 --> 00:40:32,440
Speaker 3: I hope it doesn't give him the fits and starts

794
00:40:32,440 --> 00:40:37,040
Speaker 3: it gave me. But My better Roles story is I

795
00:40:37,080 --> 00:40:39,520
Speaker 3: did a transaction in Switzerland a couple of years ago

796
00:40:39,840 --> 00:40:42,440
Speaker 3: and there was a nineteen eighty Shadow two in the

797
00:40:42,480 --> 00:40:45,319
Speaker 3: deal and it was a thirteen thousand mile car and

798
00:40:45,360 --> 00:40:48,640
Speaker 3: it had been sitting for about three years. And in

799
00:40:48,680 --> 00:40:52,520
Speaker 3: the transaction it was multiple Portia transaction and a couple

800
00:40:52,520 --> 00:40:56,160
Speaker 3: of other cars. We valued the roles at zero. We

801
00:40:56,320 --> 00:40:58,560
Speaker 3: put like no money on the car and said, okay,

802
00:40:58,560 --> 00:41:04,040
Speaker 3: well whatever whatever we can sell this for will be profit.

803
00:41:05,080 --> 00:41:09,200
Speaker 3: So there was a road rally. Cam Ingram and I

804
00:41:09,320 --> 00:41:12,000
Speaker 3: were doing the cam put together with a bunch of

805
00:41:12,000 --> 00:41:17,160
Speaker 3: aluminum Porsches five fifties and a Barths and going Schulars

806
00:41:17,200 --> 00:41:21,879
Speaker 3: in Durham and we were going from Villadesta to send

807
00:41:21,920 --> 00:41:24,840
Speaker 3: Meritz to the Porsche factory through the Black Forest, and

808
00:41:24,880 --> 00:41:28,319
Speaker 3: I thought, what a great chase car this would be

809
00:41:28,560 --> 00:41:31,120
Speaker 3: to take on the rally because everybody's driving a five

810
00:41:31,120 --> 00:41:33,880
Speaker 3: point fifty or an RSK or an a Barth. We

811
00:41:34,000 --> 00:41:37,719
Speaker 3: thought this would be if this inclement weathersof it's a roof, yeah,

812
00:41:37,719 --> 00:41:39,680
Speaker 3: people can get in it and you can stretch out.

813
00:41:40,080 --> 00:41:42,760
Speaker 3: So I gave it to one of the premier shops

814
00:41:42,800 --> 00:41:45,120
Speaker 3: in London and said go through the car, and I said,

815
00:41:45,160 --> 00:41:46,799
Speaker 3: I need the car to be brand new. I needed

816
00:41:46,840 --> 00:41:50,400
Speaker 3: to start every single system in the car to work

817
00:41:50,480 --> 00:41:53,359
Speaker 3: properly now again. I started with a thirteen thousand mile

818
00:41:53,440 --> 00:41:54,960
Speaker 3: car that had been sitting for a couple of years.

819
00:41:55,000 --> 00:41:57,960
Speaker 3: It was a one owner car. Forty eight thousand dollars

820
00:41:58,040 --> 00:42:01,360
Speaker 3: later it was ready and and ready to go on

821
00:42:01,360 --> 00:42:04,080
Speaker 3: the road trip, and it performed like it did in

822
00:42:04,160 --> 00:42:07,960
Speaker 3: nineteen eighty. It was perfect. But for forty eight thousand dollars,

823
00:42:08,080 --> 00:42:10,360
Speaker 3: none of it was internal to the engine, none of

824
00:42:10,360 --> 00:42:14,040
Speaker 3: it was internal to the transmission. It was breaks suspension,

825
00:42:14,440 --> 00:42:20,200
Speaker 3: air conditioning, electrical, story, electrical, couple of window, motors, just stuff.

826
00:42:20,840 --> 00:42:22,680
Speaker 3: And when we were done with it, I had a

827
00:42:22,719 --> 00:42:25,319
Speaker 3: great experience with it, and I thought, I'll never use

828
00:42:25,360 --> 00:42:27,360
Speaker 3: this car like I just used it. So we're going

829
00:42:27,400 --> 00:42:29,839
Speaker 3: to find another home for it. And for forty eight

830
00:42:29,840 --> 00:42:33,640
Speaker 3: thousand and one dollar, it now lives in New Jersey

831
00:42:33,800 --> 00:42:34,879
Speaker 3: with a guy who loves it.

832
00:42:35,040 --> 00:42:37,920
Speaker 2: Didn't you have people on that rally joining you in

833
00:42:38,000 --> 00:42:41,160
Speaker 2: the rules Royce because sure it was rainy and cold

834
00:42:41,200 --> 00:42:43,560
Speaker 2: and everyone wanted to ride, and.

835
00:42:43,239 --> 00:42:47,279
Speaker 3: Mister Ingram came in, Jeff's wife came in. Yeah, Matt

836
00:42:47,360 --> 00:42:49,920
Speaker 3: kats came in and took a nap. I mean, and

837
00:42:49,960 --> 00:42:53,279
Speaker 3: if somebody got in the back seat you haven't experienced

838
00:42:53,880 --> 00:42:57,120
Speaker 3: on your motorcycle. Imagine this going up and down one

839
00:42:57,160 --> 00:43:00,800
Speaker 3: of the passes going into San marisim Italy. Switchbacks. I

840
00:43:00,800 --> 00:43:02,320
Speaker 3: think you're one hundred and thirteen.

841
00:43:02,560 --> 00:43:03,279
Speaker 1: I know them well.

842
00:43:03,560 --> 00:43:07,120
Speaker 3: And oh and tried doing that at speed in a

843
00:43:07,200 --> 00:43:10,160
Speaker 3: rolls roy shadow. I mean, the guys behind me were

844
00:43:10,160 --> 00:43:13,880
Speaker 3: always videotaping the car, listing from side to side to side,

845
00:43:13,920 --> 00:43:15,880
Speaker 3: and you'd scrape the interfender with the tuckers.

846
00:43:15,920 --> 00:43:18,400
Speaker 2: I'm shocked you could make that turn with that chat

847
00:43:18,480 --> 00:43:21,239
Speaker 2: with that wheelbase. Yeah, around some of those switchbags. I'm

848
00:43:21,280 --> 00:43:22,680
Speaker 2: surprised you didn't have to do a cup like a

849
00:43:22,680 --> 00:43:24,960
Speaker 2: three point turn around every switchback.

850
00:43:25,160 --> 00:43:27,239
Speaker 3: It was. It was an experience, but that you know,

851
00:43:27,360 --> 00:43:30,399
Speaker 3: I loved the car I had. If if the car

852
00:43:30,560 --> 00:43:32,600
Speaker 3: was you know, I've had an extra space in the

853
00:43:32,600 --> 00:43:34,520
Speaker 3: garage where I have it, I'd have that car, but

854
00:43:35,400 --> 00:43:36,719
Speaker 3: you know, it doesn't fit in my life. I have

855
00:43:36,719 --> 00:43:39,480
Speaker 3: a five hundred E that's a that's a proper four door.

856
00:43:39,880 --> 00:43:42,040
Speaker 1: So that's what I'm talking and that's the kind of

857
00:43:42,040 --> 00:43:44,960
Speaker 1: car that I mean you'll have issues like any other car,

858
00:43:45,000 --> 00:43:46,520
Speaker 1: and you got to service it. But it's not going

859
00:43:46,600 --> 00:43:50,880
Speaker 1: to break. No, that's a bulletproof motor. What are so

860
00:43:50,920 --> 00:43:51,839
Speaker 1: what are the five cars?

861
00:43:51,920 --> 00:43:53,919
Speaker 2: Let's get to the list. Get to Sario's list.

862
00:43:54,080 --> 00:43:56,920
Speaker 3: So the list of things on an island that you

863
00:43:56,960 --> 00:43:59,560
Speaker 3: could use and park and they would start the next

864
00:43:59,640 --> 00:44:01,719
Speaker 3: day with that. Any aggravation, you get right to the

865
00:44:01,719 --> 00:44:03,520
Speaker 3: top of the food chain in a three hundred sl

866
00:44:03,560 --> 00:44:06,480
Speaker 3: of gulling. So gulloing or roads are depending on your preference.

867
00:44:06,560 --> 00:44:09,440
Speaker 3: I've always preferred the gallowing. I owned one for three years,

868
00:44:09,440 --> 00:44:13,200
Speaker 3: four years. I think that is such an engineering marvel.

869
00:44:13,560 --> 00:44:16,440
Speaker 3: You cannot you cannot fault that car if you're starting

870
00:44:16,440 --> 00:44:19,839
Speaker 3: with the baseline of a good one, beautiful, beautiful car.

871
00:44:19,840 --> 00:44:20,200
Speaker 1: Obviously.

872
00:44:20,280 --> 00:44:22,040
Speaker 2: Yeah, And I did the mill and Milla in that

873
00:44:22,200 --> 00:44:26,239
Speaker 2: car and thrashed it. I was with a Magnus who

874
00:44:26,520 --> 00:44:30,359
Speaker 2: thrashed it and did not miss a beat, never broke down,

875
00:44:30,440 --> 00:44:32,240
Speaker 2: never left us out.

876
00:44:32,120 --> 00:44:35,280
Speaker 1: The going or the roadster going. And do you prefer

877
00:44:35,360 --> 00:44:36,560
Speaker 1: that one too, Hannah.

878
00:44:36,280 --> 00:44:39,919
Speaker 2: Yeah, yeah, I don't do well in the sun.

879
00:44:41,760 --> 00:44:43,080
Speaker 3: Then you go to the other extreme.

880
00:44:43,600 --> 00:44:45,839
Speaker 1: And by the way, that's a million dollar car now, right.

881
00:44:45,760 --> 00:44:49,040
Speaker 3: Oh, it's more it's yeah, depending on the car. Interesting

882
00:44:49,080 --> 00:44:50,919
Speaker 3: thing about the Gallowing is it was the first car

883
00:44:51,040 --> 00:44:55,840
Speaker 3: made in volume over one thousand units that consistently brought

884
00:44:55,880 --> 00:44:59,239
Speaker 3: a million dollars. I forget when this was. It was

885
00:44:59,280 --> 00:45:01,279
Speaker 3: a year, it was year yars ago now, but that

886
00:45:01,480 --> 00:45:04,040
Speaker 3: was the car that was the benchmark of oh, these

887
00:45:04,080 --> 00:45:05,840
Speaker 3: are all a million bucks now, and they made a

888
00:45:05,880 --> 00:45:08,040
Speaker 3: lot of them, made fourteen hundred of them.

889
00:45:08,360 --> 00:45:10,840
Speaker 2: Can you say that was the first supercar.

890
00:45:11,800 --> 00:45:14,040
Speaker 3: I consider it to be the first supercar. A lot

891
00:45:14,040 --> 00:45:16,200
Speaker 3: of people think the Mirror was the first supercar, but

892
00:45:16,600 --> 00:45:19,239
Speaker 3: that's a sports car. That's a sports car versus a

893
00:45:19,239 --> 00:45:22,920
Speaker 3: GT car thing. I think going had better. Well it

894
00:45:23,000 --> 00:45:26,680
Speaker 3: has racing provenance, with a Miura has none. So yeah,

895
00:45:26,719 --> 00:45:29,160
Speaker 3: I would call that the first wow car. And if

896
00:45:29,200 --> 00:45:33,319
Speaker 3: I could have one car back so long ago, Matt,

897
00:45:33,800 --> 00:45:35,960
Speaker 3: I'll put the measure on it that it was two

898
00:45:36,040 --> 00:45:38,560
Speaker 3: hundred and seventy two thousand and five hundred dollars when

899
00:45:38,600 --> 00:45:39,080
Speaker 3: I bought my.

900
00:45:39,080 --> 00:45:41,000
Speaker 1: Car, when I bought Amazing.

901
00:45:41,160 --> 00:45:43,480
Speaker 3: So that's that was back in the day, and I

902
00:45:43,520 --> 00:45:47,360
Speaker 3: loved it. So the other extreme, not to be sound like,

903
00:45:47,400 --> 00:45:48,719
Speaker 3: you know, sort of like, oh, I'm only going to

904
00:45:48,960 --> 00:45:52,040
Speaker 3: pick expensive cars. You get a Volvo P eighteen hundred

905
00:45:52,360 --> 00:45:54,799
Speaker 3: and a car the car that you can do three

906
00:45:54,880 --> 00:45:58,560
Speaker 3: million miles in like the Yeah, so that is I

907
00:45:58,600 --> 00:46:02,040
Speaker 3: had a sixty four eighteen hundred for a handful of years.

908
00:46:02,719 --> 00:46:06,000
Speaker 3: Loved it, loved looking at it. That's a car you look.

909
00:46:05,840 --> 00:46:08,240
Speaker 1: At it made a huge comeback Frank, Oh.

910
00:46:08,160 --> 00:46:12,440
Speaker 3: Yeah, they have. So that would be car number two three.

911
00:46:12,640 --> 00:46:13,520
Speaker 3: You go back into the.

912
00:46:13,440 --> 00:46:15,480
Speaker 1: Wait, what wait, what's what's the motor in the go wing?

913
00:46:15,760 --> 00:46:17,400
Speaker 1: Is that a in line six?

914
00:46:17,640 --> 00:46:17,920
Speaker 3: Yes?

915
00:46:18,239 --> 00:46:20,760
Speaker 1: And then I wonder what is in the P eighteen hundred.

916
00:46:20,880 --> 00:46:21,319
Speaker 3: It's a four.

917
00:46:21,440 --> 00:46:22,240
Speaker 1: That was that.

918
00:46:22,160 --> 00:46:28,280
Speaker 2: School teacher IRV Gordon, IRV Gordon, Yes, who drove his millions.

919
00:46:27,880 --> 00:46:29,399
Speaker 3: Of like three million miles.

920
00:46:29,440 --> 00:46:30,680
Speaker 1: There you go, yeah, and you're right, it's an in

921
00:46:30,680 --> 00:46:31,840
Speaker 1: line four eighteen.

922
00:46:31,840 --> 00:46:35,000
Speaker 3: And that was a sixty six or so sixty his

923
00:46:35,200 --> 00:46:37,680
Speaker 3: was His was a straight bumpered car. I think it

924
00:46:37,719 --> 00:46:39,600
Speaker 3: wasn't the horn bumpered car, so it had to be

925
00:46:39,680 --> 00:46:43,279
Speaker 3: sixty six sixty seven. But I had an early one

926
00:46:43,280 --> 00:46:46,120
Speaker 3: with the with the horn bumpers and it was black

927
00:46:46,160 --> 00:46:50,040
Speaker 3: with a red interior. Again, I like trying different things.

928
00:46:50,360 --> 00:46:52,680
Speaker 3: I didn't that's a Gensen. That's a very early one.

929
00:46:52,920 --> 00:46:55,279
Speaker 3: So that's I'm just clicking through. Yeah, yeah, that's that's

930
00:46:55,320 --> 00:46:58,480
Speaker 3: that's really cool. So that that would be a thing

931
00:46:58,520 --> 00:47:01,480
Speaker 3: you could drive and you part and it starts and

932
00:47:01,520 --> 00:47:02,280
Speaker 3: everything works.

933
00:47:02,960 --> 00:47:05,879
Speaker 1: Any problems that you've got a toolbox, you're good, right, you.

934
00:47:05,880 --> 00:47:10,239
Speaker 3: Got a pliers and a spark plug, wrench and a

935
00:47:10,320 --> 00:47:14,520
Speaker 3: couple of fuses. Performance Wise, you go back into the

936
00:47:14,600 --> 00:47:17,600
Speaker 3: sixties and one of my favorite cars is TOO eighty

937
00:47:17,680 --> 00:47:25,760
Speaker 3: nine Cobra, and again you're getting that iconic Cobra. It's simple.

938
00:47:25,880 --> 00:47:28,439
Speaker 3: If you've got spark and you've got fuel, your fuel

939
00:47:28,440 --> 00:47:31,520
Speaker 3: pump's working, and that that's nothing there. There's nothing to

940
00:47:31,560 --> 00:47:34,920
Speaker 3: the car and any any any Cobra that has been

941
00:47:34,960 --> 00:47:37,680
Speaker 3: set up you you know, and you can you can be.

942
00:47:37,880 --> 00:47:41,279
Speaker 1: For an original. Again we're talking about a million dollarillion, right,

943
00:47:41,800 --> 00:47:45,560
Speaker 1: even the replicas, even the like kit cars I see

944
00:47:45,600 --> 00:47:48,480
Speaker 1: going on bat for like you know, one hundred grand.

945
00:47:48,560 --> 00:47:50,680
Speaker 3: Well you can spend two fifty on a on a copy,

946
00:47:50,760 --> 00:47:54,080
Speaker 3: which which isn't mind numbing to me, but yeah, I'd

947
00:47:54,120 --> 00:47:56,160
Speaker 3: go there, and I'd also I'd also say the sister

948
00:47:56,280 --> 00:47:58,680
Speaker 3: that is the GT. Three fifty Mustang, that the Shelby

949
00:47:58,760 --> 00:48:01,719
Speaker 3: Mustang because and again the car that I've had, and

950
00:48:01,800 --> 00:48:06,000
Speaker 3: it never failed to start. It just never ever ever

951
00:48:06,080 --> 00:48:10,160
Speaker 3: failed to start, always proceeded forward, you know, just just

952
00:48:10,320 --> 00:48:12,799
Speaker 3: always a great thing. So I put the the you know,

953
00:48:12,880 --> 00:48:15,120
Speaker 3: two eighty nine anything with a two eighty nine engine.

954
00:48:15,200 --> 00:48:16,960
Speaker 1: Yeah, I was gonna say, isn't it the same motor?

955
00:48:17,200 --> 00:48:21,000
Speaker 3: Save? Yeah? So uh, and then I then I'd go

956
00:48:21,160 --> 00:48:22,080
Speaker 3: to the car previously.

957
00:48:22,080 --> 00:48:24,120
Speaker 1: Wait, so far we have let's keep track. We've got

958
00:48:24,120 --> 00:48:27,920
Speaker 1: the goal Wing. That's a three million dollar car, the

959
00:48:28,040 --> 00:48:30,040
Speaker 1: Malvo P eighteen hundred. You could probably pick one up

960
00:48:30,040 --> 00:48:31,240
Speaker 1: for twenty or thirty grand.

961
00:48:31,040 --> 00:48:33,279
Speaker 3: Yeah, but you really want a great one. So now

962
00:48:33,280 --> 00:48:35,120
Speaker 3: those are those are fifty sixties.

963
00:48:34,760 --> 00:48:39,000
Speaker 1: Okay, okay, that's the Cobra. If you want an original.

964
00:48:38,560 --> 00:48:40,600
Speaker 3: It's gonna be a million plus. Yeah.

965
00:48:40,800 --> 00:48:42,759
Speaker 1: But are you good with are you good with like

966
00:48:42,800 --> 00:48:44,880
Speaker 1: a nice replica?

967
00:48:45,680 --> 00:48:48,920
Speaker 3: I've owned replica things, so I can't cast any shade

968
00:48:48,960 --> 00:48:49,520
Speaker 3: on a replica.

969
00:48:49,600 --> 00:48:51,520
Speaker 1: Somebody must make a really good one, right yeah.

970
00:48:51,440 --> 00:48:52,560
Speaker 3: Yeah, a handful of people.

971
00:48:52,640 --> 00:48:55,560
Speaker 1: Yeah, So that's all right. So we've got the or

972
00:48:55,600 --> 00:48:59,759
Speaker 1: the three fifty is the sister, So we've got four those. Well,

973
00:48:59,760 --> 00:49:01,320
Speaker 1: it's because the sisters.

974
00:49:01,560 --> 00:49:04,360
Speaker 3: Well yeah, the sisters. Yeah, then I'm going back to

975
00:49:04,440 --> 00:49:06,399
Speaker 3: the car I talked about previously, which is the two

976
00:49:06,400 --> 00:49:10,239
Speaker 3: thousand and two BMW Again, so nothing not everything has

977
00:49:10,320 --> 00:49:14,640
Speaker 3: to be expensive, you know, proper fuel injected seventy two

978
00:49:14,719 --> 00:49:18,480
Speaker 3: or seventy three TII in a great color sunroof. I

979
00:49:18,480 --> 00:49:22,040
Speaker 3: mean I've driven one across the country. They are again,

980
00:49:22,360 --> 00:49:25,200
Speaker 3: park it. You don't have to worry about it. You

981
00:49:25,239 --> 00:49:28,239
Speaker 3: don't have to have any issues with it, you.

982
00:49:28,200 --> 00:49:29,919
Speaker 1: Know, and you could easily fix I have a friend

983
00:49:29,960 --> 00:49:32,319
Speaker 1: who fixed his own in high school, you know, didn't

984
00:49:32,360 --> 00:49:33,640
Speaker 1: need to bring it to Yeah.

985
00:49:33,719 --> 00:49:36,560
Speaker 3: It's Yeah, when you can go across the country and

986
00:49:36,640 --> 00:49:39,960
Speaker 3: all you need to be safe, you always bring sort

987
00:49:40,000 --> 00:49:43,120
Speaker 3: of hoses. You bring a break you bring a flexible

988
00:49:43,120 --> 00:49:46,480
Speaker 3: break line, you bring all your all your engine hoses,

989
00:49:46,719 --> 00:49:49,400
Speaker 3: you know, so something could clamp, could go or something.

990
00:49:49,600 --> 00:49:51,799
Speaker 3: So anything that can be fixed like that and you're

991
00:49:51,840 --> 00:49:56,160
Speaker 3: comfortable going across the country. That's that's to me is perfect.

992
00:49:56,200 --> 00:49:58,600
Speaker 3: And then Hannah, I I'm gonna be surprised if you

993
00:49:58,640 --> 00:50:04,920
Speaker 3: couldn't guess my fifth car g Wagon. Well, that's that's modern.

994
00:50:05,000 --> 00:50:09,239
Speaker 2: So I was seventy nine. I mean that's classic to me.

995
00:50:09,520 --> 00:50:10,840
Speaker 2: Yet a classic.

996
00:50:10,880 --> 00:50:11,439
Speaker 3: Let's be care.

997
00:50:11,560 --> 00:50:14,400
Speaker 1: You can't be clear because they haven't made since nineteen

998
00:50:14,400 --> 00:50:15,920
Speaker 1: seventy nine. But I think you and I are on

999
00:50:15,960 --> 00:50:18,560
Speaker 1: the same page. I will only drive the new like

1000
00:50:18,760 --> 00:50:20,120
Speaker 1: twenty nineteen and new.

1001
00:50:20,120 --> 00:50:22,080
Speaker 3: Sure, right, I don't want to drive.

1002
00:50:21,960 --> 00:50:22,560
Speaker 1: The older ones.

1003
00:50:22,840 --> 00:50:28,960
Speaker 2: Taken old poop Speedster. Oh that's very sweet.

1004
00:50:29,080 --> 00:50:31,279
Speaker 1: Yeah, yeah, that's six. It's easy to work on and.

1005
00:50:31,640 --> 00:50:35,120
Speaker 3: No four the box are full the old carne.

1006
00:50:36,440 --> 00:50:38,880
Speaker 1: Okay, I thought you're talking about like a newer Oh.

1007
00:50:38,800 --> 00:50:42,640
Speaker 3: No, no, no, so again, I've had a Speedster since

1008
00:50:42,719 --> 00:50:47,560
Speaker 3: nineteen ninety seven. I've driven them across the country. And

1009
00:50:47,600 --> 00:50:49,279
Speaker 3: if you can do six hundred miles a day and

1010
00:50:49,320 --> 00:50:51,239
Speaker 3: a speedster comfortably.

1011
00:50:50,920 --> 00:50:52,400
Speaker 2: You are braving that car season.

1012
00:50:52,400 --> 00:50:55,520
Speaker 3: So yeah, that's more brave in LA than I probably

1013
00:50:55,560 --> 00:50:58,719
Speaker 3: want to be driving it around. It's great, but it's

1014
00:50:58,880 --> 00:51:02,800
Speaker 3: I've got a speed sir. It's on eleven rallies, thousand

1015
00:51:02,840 --> 00:51:05,440
Speaker 3: mile rallies. It's got a cheater hot rod engine in

1016
00:51:05,480 --> 00:51:08,280
Speaker 3: it by made by John Wilhoyt. Instead of making sixty

1017
00:51:08,280 --> 00:51:12,080
Speaker 3: horse power, it makes one hundred and sixty four. So

1018
00:51:12,120 --> 00:51:14,919
Speaker 3: it's got disc brakes now. But I've got to drive

1019
00:51:14,960 --> 00:51:15,560
Speaker 3: it everywhere.

1020
00:51:15,640 --> 00:51:16,920
Speaker 2: Yeah, it's great.

1021
00:51:17,440 --> 00:51:19,480
Speaker 3: So that would be if I had to have one car,

1022
00:51:19,640 --> 00:51:21,400
Speaker 3: it would be a toss up between the Gulling and

1023
00:51:21,440 --> 00:51:24,000
Speaker 3: the Speedster, because the Speedster in many ways is more

1024
00:51:24,080 --> 00:51:28,239
Speaker 3: usable and it's just easier to drive everywhere. But those

1025
00:51:28,280 --> 00:51:31,120
Speaker 3: would be the five cars, so old old cars, that

1026
00:51:31,160 --> 00:51:32,920
Speaker 3: would be the sort.

1027
00:51:32,680 --> 00:51:37,040
Speaker 2: Of what are speedster prices like these days? Running driving?

1028
00:51:37,120 --> 00:51:38,640
Speaker 2: Not a concore level.

1029
00:51:38,640 --> 00:51:41,120
Speaker 3: But yeah, you can spend three hundred thousand dollars and

1030
00:51:41,200 --> 00:51:43,680
Speaker 3: get a perfectly fine car that you have is a

1031
00:51:43,680 --> 00:51:45,720
Speaker 3: good five footer, you know, don't look at the gaps.

1032
00:51:45,760 --> 00:51:47,880
Speaker 3: It might not have the original engine, could be a color.

1033
00:51:47,719 --> 00:51:50,279
Speaker 2: Challenge, just kind of squint.

1034
00:51:50,000 --> 00:51:52,920
Speaker 3: Yeah, squint a little bit. And the world's best one

1035
00:51:53,040 --> 00:51:56,520
Speaker 3: is probably seven Well, a push rod car is seven fifty,

1036
00:51:56,640 --> 00:51:59,080
Speaker 3: and then the Carrera engine cars are a million to

1037
00:51:59,120 --> 00:52:02,200
Speaker 3: three million, depending on which derivative they are. I've always said,

1038
00:52:02,239 --> 00:52:04,640
Speaker 3: if I had to have one car, it would be

1039
00:52:04,680 --> 00:52:05,959
Speaker 3: a speedster, an old car.

1040
00:52:06,120 --> 00:52:08,239
Speaker 2: It's interesting because when you were going through your list,

1041
00:52:08,239 --> 00:52:10,600
Speaker 2: I was actually thinking about the VW Beetle.

1042
00:52:10,920 --> 00:52:13,120
Speaker 3: Yeah, same sign, too far off.

1043
00:52:12,880 --> 00:52:15,480
Speaker 2: From the Speedster, and I was thinking, if if Steve

1044
00:52:15,520 --> 00:52:17,920
Speaker 2: doesn't say Beetle, I should bring it up because that's

1045
00:52:17,960 --> 00:52:20,400
Speaker 2: another one that I think you can just kind of

1046
00:52:20,440 --> 00:52:21,920
Speaker 2: tweak and it'll run forever.

1047
00:52:22,160 --> 00:52:24,439
Speaker 3: If you have a baseline of a good Beetle, it's

1048
00:52:24,480 --> 00:52:26,759
Speaker 3: a million mile car. I mean, if you keep the

1049
00:52:26,800 --> 00:52:28,960
Speaker 3: rust off of it, everything's fine. And if you went

1050
00:52:29,080 --> 00:52:32,680
Speaker 3: new cars Matt, Yeah, g Wagon, Bentley GT, which I've

1051
00:52:32,719 --> 00:52:34,839
Speaker 3: all I've done is change the oil on I mean

1052
00:52:34,880 --> 00:52:35,760
Speaker 3: most new cars.

1053
00:52:35,880 --> 00:52:36,160
Speaker 1: Sure.

1054
00:52:36,239 --> 00:52:37,480
Speaker 3: I mean a lot of new cars are going to

1055
00:52:37,520 --> 00:52:39,160
Speaker 3: be like that. They're going to be Yeah, but you can't.

1056
00:52:39,360 --> 00:52:40,960
Speaker 3: You open up the engine bay and you look and

1057
00:52:41,000 --> 00:52:43,360
Speaker 3: you go, there's an engine in there saying, can't do

1058
00:52:43,360 --> 00:52:43,920
Speaker 3: anything about it.

1059
00:52:44,120 --> 00:52:47,720
Speaker 1: Right, My New nine to eleven was like or twenty fourteen.

1060
00:52:48,000 --> 00:52:48,280
Speaker 3: Yep.

1061
00:52:48,480 --> 00:52:51,120
Speaker 1: I never had any problem with it in ten years.

1062
00:52:51,160 --> 00:52:53,920
Speaker 3: It just people have problems with new cars. I mean,

1063
00:52:53,920 --> 00:52:56,560
Speaker 3: they do make bad new cars. But when you were

1064
00:52:56,560 --> 00:53:00,720
Speaker 3: talking about, you know, Kia as a brand, I've plenty

1065
00:53:00,760 --> 00:53:02,040
Speaker 3: of my friends I've said to it, I need this,

1066
00:53:02,080 --> 00:53:03,040
Speaker 3: So I need what should I buy?

1067
00:53:03,040 --> 00:53:03,080
Speaker 1: Go?

1068
00:53:03,160 --> 00:53:06,440
Speaker 3: Buy a Kia will last you till you have grandchildren,

1069
00:53:06,600 --> 00:53:11,000
Speaker 3: and they're beautifully put together, and they're relatively inexpensive. So

1070
00:53:11,160 --> 00:53:15,160
Speaker 3: anything from Kia forward, it's tough to buy a lemon

1071
00:53:15,239 --> 00:53:17,960
Speaker 3: these days, and if somebody's manufacturing in the time, there's

1072
00:53:18,080 --> 00:53:21,880
Speaker 3: soul that, well, that's that's a different animal. Yeah, So

1073
00:53:22,040 --> 00:53:24,040
Speaker 3: I think a G Wagon has plenty of soul. I mean,

1074
00:53:24,080 --> 00:53:27,440
Speaker 3: I think that's you just did the G sixty three again.

1075
00:53:27,840 --> 00:53:30,920
Speaker 2: So yes, I mean, it's an icon for a reason.

1076
00:53:30,920 --> 00:53:33,719
Speaker 2: I say it all the time, and I'm often made

1077
00:53:33,719 --> 00:53:37,359
Speaker 2: fun of my loyalty to it. But it's just one

1078
00:53:37,360 --> 00:53:40,040
Speaker 2: of those cars that it hasn't It's like the nine

1079
00:53:40,080 --> 00:53:42,319
Speaker 2: to eleven. It hasn't changed all that much since it

1080
00:53:42,400 --> 00:53:46,120
Speaker 2: was first produced. It was produced for a specific reason,

1081
00:53:46,160 --> 00:53:50,120
Speaker 2: for a specific purpose, with a specific point of view

1082
00:53:50,280 --> 00:53:53,400
Speaker 2: and philosophy, and I love I love it, you know.

1083
00:53:53,640 --> 00:53:57,439
Speaker 2: And you know it's unfair to judge a vehicle by

1084
00:53:57,440 --> 00:54:00,520
Speaker 2: the people who drive it. And I say that because

1085
00:54:00,760 --> 00:54:03,360
Speaker 2: I lived in Hollywood and I go to work in

1086
00:54:03,400 --> 00:54:06,880
Speaker 2: Beverly Hills and there is a G Wagon on every corner,

1087
00:54:07,560 --> 00:54:10,879
Speaker 2: and it's not fair to judge the poor car by

1088
00:54:10,920 --> 00:54:11,680
Speaker 2: who drives it.

1089
00:54:12,040 --> 00:54:14,120
Speaker 1: Before we get too far past G Wagon, we got

1090
00:54:14,120 --> 00:54:15,960
Speaker 1: an email from a listener.

1091
00:54:16,440 --> 00:54:16,719
Speaker 3: Was it me?

1092
00:54:17,040 --> 00:54:20,640
Speaker 1: Uh No, I won't give his full name. His name

1093
00:54:20,680 --> 00:54:24,480
Speaker 1: is Peter. He was writing with us about Bentley's He said,

1094
00:54:25,160 --> 00:54:27,480
Speaker 1: I was in desert storm riding in a humby. I'm

1095
00:54:27,800 --> 00:54:30,400
Speaker 1: quoting his email. Riding in a humvey. We used to

1096
00:54:30,480 --> 00:54:32,840
Speaker 1: have to pull over and wait for the Coalition units

1097
00:54:32,920 --> 00:54:35,640
Speaker 1: driving them the g wagons to catch up, which I

1098
00:54:35,640 --> 00:54:36,800
Speaker 1: thought was really interesting.

1099
00:54:37,080 --> 00:54:40,800
Speaker 3: It's funny, well a military yeah, a military humvy versus

1100
00:54:40,840 --> 00:54:45,240
Speaker 3: a wagon. I mean, we see the military humvies. They'll

1101
00:54:45,280 --> 00:54:47,919
Speaker 3: have government sales and you can buy one for next

1102
00:54:47,920 --> 00:54:50,680
Speaker 3: to nothing, and technically they're not road legal. But if

1103
00:54:50,719 --> 00:54:52,719
Speaker 3: you come to Martha's vineyards in the summertime, there's a

1104
00:54:52,719 --> 00:54:54,560
Speaker 3: half a dozen on of them on the beach, half

1105
00:54:54,600 --> 00:54:59,240
Speaker 3: to tid one and they they look like there's nothing

1106
00:54:59,320 --> 00:55:01,080
Speaker 3: to them, and they look like they could drive through

1107
00:55:01,120 --> 00:55:03,680
Speaker 3: a fortress. Did you ever drive an H one?

1108
00:55:04,120 --> 00:55:05,080
Speaker 1: No, I never drove.

1109
00:55:05,520 --> 00:55:07,600
Speaker 3: I had a couple of h ones in trade back

1110
00:55:07,640 --> 00:55:08,080
Speaker 3: in the day.

1111
00:55:08,160 --> 00:55:09,839
Speaker 1: And so did the H one have a different motor?

1112
00:55:09,880 --> 00:55:12,520
Speaker 1: They all had the big like a six point.

1113
00:55:14,480 --> 00:55:16,919
Speaker 3: Yeah, it's the same diesel motor that's in the military car,

1114
00:55:17,040 --> 00:55:21,279
Speaker 3: I believe, and they were it's the biggest thing with

1115
00:55:21,320 --> 00:55:24,600
Speaker 3: no space in it because of the transmission. And you know,

1116
00:55:24,640 --> 00:55:29,440
Speaker 3: we had one with the tires lying you could put

1117
00:55:29,480 --> 00:55:32,040
Speaker 3: four people in one of the h one station wagons

1118
00:55:32,120 --> 00:55:34,840
Speaker 3: and that's about it. I mean, you could throw some

1119
00:55:34,840 --> 00:55:37,719
Speaker 3: stuff in the back, but try going, try parking one

1120
00:55:37,760 --> 00:55:39,239
Speaker 3: and driving one. When they came out, it was like,

1121
00:55:39,280 --> 00:55:42,680
Speaker 3: this is the most absurd thing. And then they've caught on.

1122
00:55:43,040 --> 00:55:45,719
Speaker 1: Well, that's an awesome list, dude. I really think it's

1123
00:55:45,760 --> 00:55:47,680
Speaker 1: cool to get that kind of knowledge from somebody who

1124
00:55:47,719 --> 00:55:49,200
Speaker 1: has as much experience as you do.

1125
00:55:49,760 --> 00:55:50,000
Speaker 3: Uh.

1126
00:55:50,040 --> 00:55:52,200
Speaker 1: And I think it's cool that there was kind of

1127
00:55:52,239 --> 00:55:54,919
Speaker 1: they weren't all, you know, three million dollar cars. There's

1128
00:55:54,960 --> 00:55:58,480
Speaker 1: something to choose for everybody, right because I would love

1129
00:55:58,520 --> 00:56:00,840
Speaker 1: to buy classic cars and get into the kind of

1130
00:56:00,840 --> 00:56:03,719
Speaker 1: fun that Hannah and Magnus are having, but I don't

1131
00:56:03,719 --> 00:56:05,760
Speaker 1: want the mechanics bills.

1132
00:56:06,000 --> 00:56:08,359
Speaker 2: You know, what would you tell him, Steve, someone who

1133
00:56:08,520 --> 00:56:11,319
Speaker 2: is fascinated by it but scared.

1134
00:56:11,239 --> 00:56:14,439
Speaker 3: Well, I mean I would. It's not because I have one,

1135
00:56:14,719 --> 00:56:17,279
Speaker 3: but it's partially because I have one. But I knew

1136
00:56:17,320 --> 00:56:19,960
Speaker 3: they were good cars. E five hundred, I mean that

1137
00:56:20,160 --> 00:56:25,160
Speaker 3: is to me, it's a benchmark car before Mercedes Benz

1138
00:56:25,200 --> 00:56:29,920
Speaker 3: started decontenting their cars. So every time I get in it,

1139
00:56:30,000 --> 00:56:32,520
Speaker 3: I marvel at the fact. No, no mind you it

1140
00:56:32,560 --> 00:56:35,040
Speaker 3: was lucky enough to get one with very low mileage.

1141
00:56:35,280 --> 00:56:38,360
Speaker 3: But I just sold one last week on Bring a Trailer.

1142
00:56:38,360 --> 00:56:41,000
Speaker 3: It was actually a E five hundred. It was a

1143
00:56:41,080 --> 00:56:44,319
Speaker 3: ninety four, and that market's gone a little soft, like

1144
00:56:44,360 --> 00:56:47,880
Speaker 3: a lot of markets have gone soft. And it was

1145
00:56:48,000 --> 00:56:52,160
Speaker 3: thirty six thousand dollars. It was ninety one thousand miles

1146
00:56:52,480 --> 00:56:56,560
Speaker 3: and detailed with new tires. It looked like a thirty

1147
00:56:56,560 --> 00:56:59,959
Speaker 3: five thousand mile car. And it was black, which is rare.

1148
00:57:00,120 --> 00:57:03,759
Speaker 3: I mean, just flat black with a black interior, So

1149
00:57:03,840 --> 00:57:07,640
Speaker 3: you can you can get into that. I would probably

1150
00:57:07,800 --> 00:57:09,800
Speaker 3: in your case, you really don't want to fix anything

1151
00:57:10,040 --> 00:57:12,080
Speaker 3: forty five fifty thousand dollars.

1152
00:57:12,160 --> 00:57:14,560
Speaker 1: Mad, I'm on the same page, but I'm thinking more

1153
00:57:14,680 --> 00:57:17,520
Speaker 1: like a five sixty sel.

1154
00:57:17,120 --> 00:57:20,440
Speaker 3: Or also great cars, great cars.

1155
00:57:20,520 --> 00:57:23,040
Speaker 2: I'm curious, Steven. I know we're a little bit riding

1156
00:57:23,080 --> 00:57:25,080
Speaker 2: short on time, but can you just give us a

1157
00:57:25,120 --> 00:57:28,160
Speaker 2: look at you know, you mentioned the market market softening

1158
00:57:28,200 --> 00:57:31,920
Speaker 2: a little bit. Is there anything that's really holding its

1159
00:57:32,000 --> 00:57:33,720
Speaker 2: value or even going up?

1160
00:57:35,240 --> 00:57:38,640
Speaker 3: Oh sure, quick, thirty seconds on the market. Everything goes

1161
00:57:38,640 --> 00:57:42,240
Speaker 3: through a cycle, and I think the looking at the

1162
00:57:42,360 --> 00:57:46,000
Speaker 3: last fifteen years, the market peaked and fourteen it peaked

1163
00:57:46,000 --> 00:57:50,160
Speaker 3: again in twenty two. Everything has kind of now corrected

1164
00:57:50,200 --> 00:57:52,800
Speaker 3: to pre COVID pricing, as they say, because we had

1165
00:57:52,800 --> 00:57:56,920
Speaker 3: that bump in twenty twenty one where everybody lost their mind. Natural, yes,

1166
00:57:57,120 --> 00:58:01,320
Speaker 3: and now everything's gone behind that. I people always say,

1167
00:58:01,360 --> 00:58:03,160
Speaker 3: you know, jeez, a lot of things are going down

1168
00:58:03,200 --> 00:58:05,680
Speaker 3: in price, and that's true. A lot of things from

1169
00:58:05,720 --> 00:58:09,960
Speaker 3: the fifties and sixties, guys are aging out of what's

1170
00:58:10,560 --> 00:58:15,640
Speaker 3: going up is the newer stuff and the eighties and nine,

1171
00:58:15,960 --> 00:58:19,240
Speaker 3: I know, even the two thousands and later. So there

1172
00:58:19,480 --> 00:58:22,560
Speaker 3: are people, and Hannah knows this firsthand, there are people

1173
00:58:22,600 --> 00:58:27,800
Speaker 3: that collect every derivative of Portia made from twenty ten onwards.

1174
00:58:27,840 --> 00:58:28,840
Speaker 1: They've got a lot work to do.

1175
00:58:29,000 --> 00:58:31,360
Speaker 3: They've they got to pick a painted sample color and

1176
00:58:31,360 --> 00:58:33,080
Speaker 3: they want the lowest mileage and they're going to collect

1177
00:58:33,120 --> 00:58:34,840
Speaker 3: them like skittles and jelly beans, and they can have

1178
00:58:34,920 --> 00:58:37,600
Speaker 3: a full garage of things that look identical except they're

1179
00:58:37,680 --> 00:58:40,720
Speaker 3: not driven. Yeah, so those cars, that market is still

1180
00:58:41,000 --> 00:58:44,200
Speaker 3: really hot. But you know, there are people that There's

1181
00:58:44,240 --> 00:58:47,920
Speaker 3: another collector from Massachusetts who is a very you know,

1182
00:58:48,200 --> 00:58:51,520
Speaker 3: well paid executive in Massachusetts for a handful of years,

1183
00:58:52,080 --> 00:58:54,840
Speaker 3: and he collected a wide variety of cars, had great

1184
00:58:54,880 --> 00:58:58,360
Speaker 3: taste in cars, painted them all the same shade of red.

1185
00:58:58,560 --> 00:59:00,680
Speaker 3: I don't know why people collect thing and do the

1186
00:59:00,840 --> 00:59:02,840
Speaker 3: you know I and again I just look at it

1187
00:59:02,840 --> 00:59:06,680
Speaker 3: and go, whatever makes you happy, that's fine. Collect what

1188
00:59:06,720 --> 00:59:10,200
Speaker 3: you want, Collect what makes you happy. There's this again,

1189
00:59:10,240 --> 00:59:12,600
Speaker 3: a thing I've said in the past where if you

1190
00:59:12,640 --> 00:59:14,360
Speaker 3: walk into your garage and you look at your car

1191
00:59:14,440 --> 00:59:17,760
Speaker 3: and it lowers your blood pressure, you've succeeded. And if

1192
00:59:17,800 --> 00:59:20,440
Speaker 3: you get in it and it raises your blood pressure,

1193
00:59:20,720 --> 00:59:21,880
Speaker 3: you've just gone two for two.

1194
00:59:22,240 --> 00:59:22,479
Speaker 1: Nice.

1195
00:59:22,640 --> 00:59:27,320
Speaker 3: So there's that's that's that's what's all about for me anyway. Yeah,

1196
00:59:27,360 --> 00:59:30,200
Speaker 3: and you know, handa to the market. There's always things

1197
00:59:31,040 --> 00:59:33,240
Speaker 3: that go up and there's always things that go down

1198
00:59:33,600 --> 00:59:37,400
Speaker 3: as long as people are still trading, you know. I

1199
00:59:37,440 --> 00:59:39,600
Speaker 3: think the bubble has burst a little bit and now

1200
00:59:39,640 --> 00:59:42,240
Speaker 3: we're in a flat period and we're waiting for the

1201
00:59:42,280 --> 00:59:45,120
Speaker 3: next ramp up should it come. There's no guarantee that

1202
00:59:45,160 --> 00:59:48,560
Speaker 3: it will, but it has three times over the last

1203
00:59:48,600 --> 00:59:52,280
Speaker 3: seven or eight year periods where things all of a

1204
00:59:52,280 --> 00:59:54,960
Speaker 3: sudden go up. And if I knew what was going

1205
00:59:55,000 --> 00:59:56,480
Speaker 3: to go, because people say, well, what would you put

1206
00:59:56,480 --> 01:00:00,000
Speaker 3: your money in and I would say nut cars because

1207
01:00:00,160 --> 01:00:05,480
Speaker 3: it's unpredictable and when something falls off, it goes off overnight.

1208
01:00:06,080 --> 01:00:10,320
Speaker 3: If you can buy something and enjoy it and sell

1209
01:00:10,360 --> 01:00:13,080
Speaker 3: it for what you have into it, you've just beat

1210
01:00:13,120 --> 01:00:13,680
Speaker 3: the odds.

1211
01:00:13,800 --> 01:00:18,560
Speaker 1: But don't you think as we make this transition to evs,

1212
01:00:18,680 --> 01:00:21,080
Speaker 1: which if you're a fan or not, you've got to

1213
01:00:21,080 --> 01:00:23,600
Speaker 1: recognize that the car makers have put so many billions

1214
01:00:23,600 --> 01:00:26,200
Speaker 1: of dollars into this, and governments have mandated so much

1215
01:00:26,320 --> 01:00:29,720
Speaker 1: that there's no turning back, at least not in the

1216
01:00:29,760 --> 01:00:32,360
Speaker 1: next few decades. Right, as we make this shift away

1217
01:00:32,360 --> 01:00:36,120
Speaker 1: from ice cars, how does that affect the market, Like

1218
01:00:36,240 --> 01:00:38,360
Speaker 1: all of a sudden, now you're not going to be

1219
01:00:38,400 --> 01:00:41,400
Speaker 1: able to get a big V eight. You're not going

1220
01:00:41,480 --> 01:00:44,360
Speaker 1: to be car makers aren't making V twelves anymore.

1221
01:00:44,600 --> 01:00:47,760
Speaker 3: It'd be like owning a horse. Yeah, horses were made

1222
01:00:47,760 --> 01:00:50,920
Speaker 3: redundant when Henry Ford came along, right, I mean you

1223
01:00:50,960 --> 01:00:52,720
Speaker 3: didn't have to clean up poop in the street anymore,

1224
01:00:52,720 --> 01:00:55,959
Speaker 3: and the horses were put to pasture. Doesn't mean people

1225
01:00:56,000 --> 01:01:01,600
Speaker 3: stop riding horses, So I think the cars. Yeah, an

1226
01:01:01,640 --> 01:01:05,640
Speaker 3: internal combustion engine car will be coveted by a select

1227
01:01:05,720 --> 01:01:08,880
Speaker 3: group of people and it'll it'll be rare. It'll be

1228
01:01:09,000 --> 01:01:10,760
Speaker 3: like going to a horse show. I mean, I don't

1229
01:01:10,760 --> 01:01:14,120
Speaker 3: think that'll happen in my generation. I think we're talking

1230
01:01:14,720 --> 01:01:19,080
Speaker 3: fifty years out when it becomes that rare. But I

1231
01:01:19,120 --> 01:01:23,880
Speaker 3: think there. I think kids are into ice cars more

1232
01:01:23,960 --> 01:01:27,640
Speaker 3: than we give them credit for. And I think there's

1233
01:01:28,240 --> 01:01:31,880
Speaker 3: ten year olds, twelve year olds, boys and girls all

1234
01:01:31,920 --> 01:01:35,680
Speaker 3: the way through, you know, college kids who still look

1235
01:01:35,720 --> 01:01:38,320
Speaker 3: at cars and go, I want to do that. That's

1236
01:01:38,360 --> 01:01:41,160
Speaker 3: fun to me, you know. And whether they have you know,

1237
01:01:41,960 --> 01:01:44,600
Speaker 3: a two hundred thousand miles Subaru that they're fixing, or

1238
01:01:44,640 --> 01:01:47,560
Speaker 3: whether you know they've got something that dad has let

1239
01:01:47,640 --> 01:01:51,040
Speaker 3: them drive, there's still that passion in younger people, which

1240
01:01:51,120 --> 01:01:53,240
Speaker 3: I ten years ago I would have said dying off.

1241
01:01:53,280 --> 01:01:56,200
Speaker 3: I think it's skipped a generation. And a friend of

1242
01:01:56,240 --> 01:02:02,000
Speaker 3: mine said, my sons had no interest in collecting cars.

1243
01:02:02,440 --> 01:02:07,400
Speaker 3: Their kids do. So it's somehow hiccuped, I think a

1244
01:02:07,440 --> 01:02:09,040
Speaker 3: little bit. But there's still people there.

1245
01:02:09,680 --> 01:02:12,680
Speaker 1: So well, it's been great having in the studio.

1246
01:02:13,000 --> 01:02:15,320
Speaker 3: Thank you, Thank you for the invitation, you guys. I mean,

1247
01:02:15,320 --> 01:02:17,600
Speaker 3: this has been a blast. We'll have to do it again. Yeah,

1248
01:02:17,760 --> 01:02:22,600
Speaker 3: I mean, could be regular sign me up for whenever

1249
01:02:22,640 --> 01:02:24,000
Speaker 3: you need me to come to New York, you know.

1250
01:02:24,120 --> 01:02:27,040
Speaker 2: And once we get him on some monkey for then

1251
01:02:27,120 --> 01:02:29,720
Speaker 2: we'll get all the names of the people that he

1252
01:02:29,800 --> 01:02:35,160
Speaker 2: refuses to say. Now, yeah, we'll really get him going.

1253
01:02:37,840 --> 01:02:40,360
Speaker 1: All right, that's all we have time for today. Next

1254
01:02:40,360 --> 01:02:43,920
Speaker 1: week we have my friend and the CEO of Ducatti,

1255
01:02:43,960 --> 01:02:45,360
Speaker 1: Claudio Domenic Holli coming in.

1256
01:02:45,800 --> 01:02:49,160
Speaker 2: I can't wait. Email us at hot Pursuit at Bloomberg

1257
01:02:49,200 --> 01:02:52,120
Speaker 2: dot net. We love all of your emails and we

1258
01:02:52,320 --> 01:02:55,000
Speaker 2: do respond to them. Give us a day or two,

1259
01:02:55,000 --> 01:02:57,880
Speaker 2: but we promised we will respond. Thank you for all

1260
01:02:57,880 --> 01:03:00,640
Speaker 2: of your comments in feedback. I'm Matt Miller and I'm

1261
01:03:00,680 --> 01:03:02,720
Speaker 2: Hannah Elliott and this is Bloomberg.

1262
01:03:04,520 --> 01:03:04,760
Speaker 3: Yeah.

1263
01:03:10,560 --> 01:03:10,880
Speaker 2: M hm