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

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Speaker 2: I'm Matt Miller and.

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Speaker 1: I'm Hannah Elliott, and this is Hot Pursuit.

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Speaker 2: And we're in the same studio. Is really great.

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Speaker 1: It's so easy and fun.

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Speaker 2: I'm very excited to see you. I'm so glad you're here.

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Speaker 2: I'm super pumped. There's an event at the Classic Car

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Speaker 2: Club TWR, which is kind of like the AMG of

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Speaker 2: Jaguar from back in the day. Not current Jaguar, but

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Speaker 2: old Jaguar is putting out a car that your husband, Magnus,

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Speaker 2: also advised them on. So it's like an event that

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Speaker 2: I've been looking forward to all week long.

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Speaker 1: It's going to be fun.

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Speaker 2: Magnets put out a really cool, like night driving video,

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Speaker 2: and I watched it a few times and then I

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Speaker 2: just started leaving it on the background because it's a

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Speaker 2: supercharged V twelve engine and it's just a sound I

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Speaker 2: want to hear in my life, you know.

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Speaker 1: Yeah, I can relate to it.

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Speaker 2: So I'm excited about that. And there's also a ton

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Speaker 2: to talk about because you've had an incredible week.

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Speaker 1: Yeah, I just got well, I'm technically on vacation this week,

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Speaker 1: but I did just go to Phoenix to drive this

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Speaker 1: new Dodge Charger EV, which, judging from my social media,

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Speaker 1: everybody hates. But I'm here to tell you it's not

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Speaker 1: that bad. And I did drag racing for the first

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Speaker 1: time in my life on a real drag strip.

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Speaker 2: Oh I saw the video. It's like all, oh yeah, prepared.

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Speaker 1: And oh yeah, it's like the real thing with the

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Speaker 1: Christmas tree lights that you know, go from like state

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Speaker 1: pre stage is stage to go. It was really fun.

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Speaker 1: I might have a new hobby.

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Speaker 2: But wait, it's not that bad. Isn't exactly a ringing endorsement?

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Speaker 2: So first tell us about this car, because is it

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Speaker 2: It's called a charger right, but it has two doors

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Speaker 2: like the Challenger.

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Speaker 1: And yes, this is the Dodge Charger Daytona and it

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Speaker 1: is a pure electric vehicle. This is the two door version.

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Speaker 1: They will also be releasing a four door version and

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Speaker 1: an internal combustion version over the next few years. So

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Speaker 1: this is the first of a completely new lineup there

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Speaker 1: releasing it in two variants. There's the Daytona RT and

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Speaker 1: then the higher level, the more powerful version, which I

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Speaker 1: really recommend you get if you're going to get one,

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Speaker 1: which is the SCAT Pack. The scat pack is almost

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Speaker 1: seven hundred horsepower and a lot more torque and just

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Speaker 1: a lot rowdier to drive. I did drive both both

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Speaker 1: on the track and we had a road course and

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Speaker 1: then we did some sort of dragstrip things, not really racing,

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Speaker 1: but just for time.

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Speaker 2: So, oh wait, what was your time?

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Speaker 1: Well in the elevens. That's eleven. I will tell you

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Speaker 1: one thing, and I have the receipts. I'll have to

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Speaker 1: show them to you. But it's so counterintoitive to have

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Speaker 1: both your feet pushed hard down as far as you

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Speaker 1: can and then lift off the brake. And there was

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Speaker 1: at one point I lift it off the gas and

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Speaker 1: I was like, nothing's happening. I was like, oh, I

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Speaker 1: looked at the wrong foot. But so have you ever

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Speaker 1: done that?

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Speaker 2: I've never drag raced. I would love to. I have

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Speaker 2: to say, just watching your video made me feel nervous

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Speaker 2: because I feel like I would screw up.

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Speaker 1: And it's not as easy as it was.

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Speaker 2: It would hurt my ego. It doesn't seem like it's easy.

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Speaker 1: I mean it's well, they kind of just throw you in.

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Speaker 1: There wasn't a lot of prep and so you kind

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Speaker 1: of just have to learn as you go. And I

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Speaker 1: did three passes, and I think, you know, my best

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Speaker 1: time was like eleven seven or something. But I know

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Speaker 1: if I had three more passes, I could get it,

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Speaker 1: I bet. And if I got the guy out of

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Speaker 1: the passenger seat, who probably weighed over two hundred pounds,

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Speaker 1: if I got him out, I got a lighter car,

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Speaker 1: I could probably hit eleven five. But it is counterintuitive,

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Speaker 1: and you really do have to creep the car forward,

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Speaker 1: and by the time the green light you're already feeling

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Speaker 1: like you're trying to catch up. So it's kind of

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Speaker 1: like you have to get the hang of it for sure.

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Speaker 2: What was the fastest time achieved, like by a factory driver, Oh.

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Speaker 1: By a factory driver. I don't know that day. It

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Speaker 1: was a media day. I heard someone got an eleven four,

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Speaker 1: but I did not personally witness it, so I don't know.

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Speaker 2: All right, So there's so much hate for this car

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Speaker 2: because it's an Eva's sacrilegio. You've driven I imagine a

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Speaker 2: normal challenger or charger, so you know that they're like

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Speaker 2: big American V eight And but did this not have

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Speaker 2: a similar feeling? Did it feel like a muscle car?

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Speaker 1: The scat pack, the scat pack actually felt tactile. And

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Speaker 1: I'm not going to say that it felt like an

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Speaker 1: internal combustion car. It just it doesn't. But it still

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Speaker 1: feels tactile. There is a noise and a vibration that

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Speaker 1: it does ignite your senses. It's not the.

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Speaker 2: Noise comes from the frasonic chamber.

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Speaker 1: Yeah, now the noise, it does sound a little like

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Speaker 1: a movie recording. But from a distance maybe it would

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Speaker 1: sound real. Quote, but what.

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Speaker 2: About from the driver's seat. Is it a pleasing noise?

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Speaker 2: Did it make you want to push the on.

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Speaker 1: The on the drag strip? It was cool on the highway,

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Speaker 1: you know. Driving on the highway out to the National

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Speaker 1: Park where we drove, it was annoying and I wanted

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Speaker 1: to turn it off. And you can turn it off.

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Speaker 2: You can turn it off.

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Speaker 1: I made sure to ask, so, you know. I think

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Speaker 1: the question is not whether all the core Charger and

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Speaker 1: Challenger people will buy this car. I don't think they will.

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Speaker 1: But I did hear some interesting ideas that this car

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Speaker 1: could appeal to a Tesla buyer who is sort of

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Speaker 1: fed up with Elon's antics and whatever and are looking

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Speaker 1: for another two door or for obviously, Tesla doesn't make

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Speaker 1: two doors, but looking for a sporty two door electric vehicle.

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Speaker 1: There's nothing that's sporty with two doors, right, that's electric Now. Obviously,

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Speaker 1: Portia has seven eighteen coming, but it's not for sale yet,

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Speaker 1: so if you you could kind of say there is

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Speaker 1: a space in the market for a two door muscle car.

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Speaker 2: Also, the Tesla is so spartan, you know. I never

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Speaker 2: appreciated the interior, and one of the things I love

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Speaker 2: about my Challenger is the interior. It's big, yes, it's roomy,

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Speaker 2: but it's laid out very well. Yes for as a

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Speaker 2: driver's car.

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Speaker 1: I really like the interior. In the charger, the rear

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Speaker 1: seat is really spacious and roomy. It has a really

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Speaker 1: nice feeling where you feel intimate inside it but not

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Speaker 1: cramped at all. The dash is great, it's they It

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Speaker 1: feels like you're in a mo par car. It doesn't

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Speaker 1: feel retro necessarily, but they did a good job with

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Speaker 1: I'm a big fan of the interior. They still have

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Speaker 1: sort of the pistol grip shifter in it, yeah, which

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Speaker 1: is cool. Honestly, it's not bad, and I it looks

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Speaker 1: cooler in real life than in photos. I don't think

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Speaker 1: it photo graphs well, but in real life, I love

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Speaker 1: the white ones. I thought they were very cool.

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Speaker 2: So not all bad, all right. I still need to

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Speaker 2: get more info on the frat Sonic Chamber because I

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Speaker 2: actually like a lot of fake sounds. Yeah, I know

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Speaker 2: you do, but I feel like it's it's it's more

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Speaker 2: okay for me to like fake sounds if they're sort

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Speaker 2: of created naturally in some device rather than synthesized and

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Speaker 2: push through speakers.

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Speaker 1: This was synthesized. I mean it sounds sort of like

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Speaker 1: you're in a movie theater where the sound, you know,

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Speaker 1: comes up around Yeah, exactly, exactly exactly, you know, there

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Speaker 1: is an element of that. But honestly, we were at

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Speaker 1: Radwood Raceway. It's the old Bob Bon Durant track, I

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Speaker 1: think it's called Radwood Wood now and Phoenix, and from

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Speaker 1: a distance across the track, you know, we were doing

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Speaker 1: hot laps. It sounded almost real. So not all bad.

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Speaker 2: I'm glad you brought up Radwood because we are going

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Speaker 2: to talk to mkhil Hagger today and Radwood isn't that

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Speaker 2: a term sort of generally used for nineties and early

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Speaker 2: two thousands cars that is.

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Speaker 1: A quirky car show that Haggardy.

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Speaker 2: Okay, yes, Well, the thing is I looked at his list,

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Speaker 2: and we'll talk about this with him as well. But half,

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Speaker 2: literally half of the cars on his list, and this

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Speaker 2: is the you know, every year now Hagerty comes out

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Speaker 2: with the Bowl Market list, which is the cars that

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Speaker 2: they think are good to buy now and will appreciate.

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Speaker 2: More than half of the list is from the nineties

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Speaker 2: or the two thousands. In fact, half is from this century,

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Speaker 2: which I thought was really weird. The average age of

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Speaker 2: the cars on his list is two thousand and one,

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Speaker 2: and previously it had been like eighty seven or eighty nine.

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Speaker 2: In the last couple of years.

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Speaker 1: This is but I do remember every year the age

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Speaker 1: has come inched closer to us. So like this is

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Speaker 1: a continuation of that trend. And it has to be

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Speaker 1: the thirty year cycle where whatever you grow up idolizing,

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Speaker 1: by the time you can finally afford it, thirty years

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Speaker 1: have passed ish, right, So doesn't it stand to reason

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Speaker 1: that it's now twenty twenty five that twenty five years ago,

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Speaker 1: you know, around the year two thousand, the people who

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Speaker 1: whatever you're idolizing then like late nineties Michael Jordan era

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Speaker 1: into two thousand is now what we want, and I

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Speaker 1: have to imagine it's just more more of that.

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Speaker 2: Yeah, it totally makes sense when you put it that way.

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Speaker 2: It's just that, no matter what year it is, the

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Speaker 2: golden age of cars is always going to have been

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Speaker 2: the fifties and sixties.

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Speaker 1: You think, yes, I mean, I don't you know what

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Speaker 1: I really think, like those cars from the fifties and

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Speaker 1: sixties are becoming like how we think of pre war cars,

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Speaker 1: like completely.

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Speaker 2: Maybe you're right. I mean I always think, for example,

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Speaker 2: classic rock, right, You're never going to get music that's

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Speaker 2: better than it was in the sixties and seventies. But

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Speaker 2: maybe that's because I'm fifty years old. Yes, maybe kids

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Speaker 2: today are like, man, the nineties is where it's at,

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Speaker 2: Like Third Eye Blind is the best?

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Speaker 1: Nineties is classic?

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Speaker 2: Now well, all right, let's get into our interview with

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Speaker 2: Mikhil Haggerty. He's the CEO of Haggarty Insurance, which also

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Speaker 2: now obviously does media events and auctions. I have been

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Speaker 2: so excited to have you on for so long because

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Speaker 2: I've been watching you know, your company grow, I've been

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Speaker 2: reading Hanah Hannah's written a few stories about it, and

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Speaker 2: I just think it's so fascinating that you have gone

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Speaker 2: from an insurance company to this media and events and

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Speaker 2: auctions conglomerate, and just explain to our listeners about your

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Speaker 2: business if you can.

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Speaker 3: Yeah, well, it all starts with this kind of core

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Speaker 3: love of the automobile, and we you know, we have

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Speaker 3: this kind of human connection with cars and objects and

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Speaker 3: things in our lives. And it was a family business

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Speaker 3: that started in the basement of the house I grew

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Speaker 3: up in, and my mom and dad just said, you know, look,

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Speaker 3: if people really care about things and really care about cars,

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Speaker 3: then from a pure insurance standpoint, which was the business

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Speaker 3: they were in, then that means there's there's better risk.

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Speaker 3: But you know, insurance is kind of a boring topic

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Speaker 3: and mostly because it's I was talking about negative things

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Speaker 3: that happen. And what we love about the car world

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Speaker 3: is it's it's about the fun. It's about the passion,

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Speaker 3: it's about competition, it's about style and design and all

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Speaker 3: those things, and we get to play with the fun

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Speaker 3: parts of it. And the core business was insurance, and

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Speaker 3: it grew and grew and grew, and we were, you know,

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Speaker 3: really getting traction in the US and around the world

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Speaker 3: and I realized that, you know, if we really wanted

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Speaker 3: to spin the flywheel faster to use the you know,

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Speaker 3: pun fully intended was that we needed to we needed

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Speaker 3: to be a little bit more in the entertainment side

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Speaker 3: of the business. We needed to be more in the

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Speaker 3: buy sell side of the business. We needed to be

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Speaker 3: in the event space around the business. And so it

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Speaker 3: all kind of works together. It's like this ecosystem and

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Speaker 3: it's fun. So we ensure you know, millions of cars,

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Speaker 3: but we also, you know, we we have events. We

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Speaker 3: have this auction business that we acquired after we went

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Speaker 3: public a couple of years ago, and which is really

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Speaker 3: cool and we think it will be an important part

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Speaker 3: of what we do over time. And you know, we're

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Speaker 3: just having a blast because we get we get to

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Speaker 3: play with cars and honor other people's cars and cool

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Speaker 3: cars and people in the car world.

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Speaker 1: Mkil I'm so curious you mentioned going public. That was

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Speaker 1: twenty twenty one. How has your life changed since then?

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Speaker 1: I mean that was a radical I mean the going

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Speaker 1: public was probably the end or maybe the beginning of

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Speaker 1: this transformation. But you guys have really gone through such

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Speaker 1: a transformation.

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Speaker 3: Well, I had hair three years ago that was I

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Speaker 3: missed my hair now it was you know, ultimately, you know,

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Speaker 3: there's just this presumption I think when businesses are really

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Speaker 3: growing that everybody just assumes you're going to sell it.

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Speaker 3: And I think, you know, what, are you going to

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Speaker 3: sell it? You're going to build this thing and flip it.

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Speaker 3: And my view was, I believe so much in the

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Speaker 3: mission of what we're doing about, and we have this

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Speaker 3: kind of mission we write, write down and talk about,

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Speaker 3: which is to save driving for future generations. And I

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Speaker 3: knew that I could never do that if I if

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Speaker 3: the company was sold, and of course, you know, we're

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Speaker 3: the type of business that lots of companies would love

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Speaker 3: to acquire. And I just said, look, I think the

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Speaker 3: best way to set it up for the long haul

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Speaker 3: is we go public. Because it's a you know, it's

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Speaker 3: got a lot of paperwork going public, I can tell

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Speaker 3: you that much, but it kind of sets itself up

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Speaker 3: to perpetuate itself long haul, and you know, would give

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Speaker 3: us capital to do kind of other cool things, and

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Speaker 3: it would put the disciplines in place that you kind

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Speaker 3: of need when you're running a bigger business. So yeah,

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Speaker 3: the going public part was it was pretty cool, you know,

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Speaker 3: like ringing the bell in the New York Stock Exchange.

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Speaker 3: And there's all this, like I said, lots of paperwork

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Speaker 3: and lots of you know, corporty stuff. But I focus

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Speaker 3: on as much of the external peace and the and

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Speaker 3: you know, our brand and our events and interfacing with

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Speaker 3: customers and partners as I can.

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Speaker 4: And it's fun. It's a really cool business.

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Speaker 2: What have you found is the most successful because you

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Speaker 2: know some of the stuff you do. I consume so

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Speaker 2: much media. I'm watching this stuff that you're producing, listening

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Speaker 2: to the podcast that you are making. But it can't

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Speaker 2: be very profitable, right. That's why you see roadent track

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Speaker 2: and motorcyclists, you know, disintegrating into nothing. So on the

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Speaker 2: other hand, you have the auctions business at Hannah follow

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Speaker 2: so closely. You made a big acquisition there with broad Arrow.

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Speaker 2: The events are iconic with Vildesta, you know, coming up,

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Speaker 2: what have been the successes and what have been the

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Speaker 2: parts where you see, oh this is not working out. Yeah.

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Speaker 3: You know, when when I started growing up in this business,

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Speaker 3: like I loved automotive media. I loved the magazines and

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Speaker 3: I loved you know, some of the early television shows

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Speaker 3: when they came on and so many of the online properties,

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Speaker 3: and and it's you're actually other than like big time

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Speaker 3: kind of sports. You're hard pressed to think of a

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Speaker 3: hobby or a pastime that had so much great media

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Speaker 3: around it than the automotive world. And it's definitely been trinking.

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Speaker 3: It's it's you know, there are so many fewer magazines.

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Speaker 3: The businesses are tough. You know, even some of the

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Speaker 3: event efforts television I think are really challenged financially. So

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Speaker 3: you know, there's that phrase in business like is it

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Speaker 3: an iceberg or is it an ice cube? And my

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Speaker 3: view was, Okay, look, we've got a great underlying business,

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Speaker 3: why not really invest in things like media and some

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Speaker 3: of the things that are hard to do they may

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Speaker 3: not make as much financial sense, but they're also they're

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Speaker 3: not completely horrible.

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Speaker 4: And so we've actually been really pleased.

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Speaker 3: With our media efforts, I mean, the reach of what

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Speaker 3: the team is doing both online and we're still really

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Speaker 3: committed to print and now by audited circulation, we have

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Speaker 3: the highest circulation car magazine in the world.

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Speaker 4: And we're just going to keep doing it.

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Speaker 3: Like great photography, great writers, just do good stories because

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Speaker 3: it's what a little bit of it is like it's

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Speaker 3: what I want to read, and I want to I

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Speaker 3: think it creates that kind of high ground in the

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Speaker 3: car world that we still need, rather than it just

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Speaker 3: kind of evolving into you know, cell phone videos and

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Speaker 3: things like this. Nothing wrong with some of that, but

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Speaker 3: we just we think there's room for higher quality stuff.

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Speaker 3: Now back to the first part of the question, though,

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Speaker 3: you know, there's no doubt about it that, you know,

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Speaker 3: events and media are not the biggest businesses. We think

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Speaker 3: the marketplace business will be important for us over time.

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Speaker 3: And part of it is, you know, just like in

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Speaker 3: the last twelve months, our customers members bought and sold

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Speaker 3: about three hundred thousand vehicles and that was about fourteen

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Speaker 3: and a half billion dollars worth of transactions. And so

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Speaker 3: we see that kind of from a data standpoint. And

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Speaker 3: when everybody talks about, you know, some of the great

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Speaker 3: online auction sites like you know, Bring a Trailer or

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Speaker 3: Cars and Bids, or you think of the big other

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Speaker 3: live auction houses all together, they both total on an

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Speaker 3: annual basis about four billion dollars worth of transaction. So

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Speaker 3: for us, it was like, okay, look, I'm not sure

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Speaker 3: you know anybody just naturally needed another auction business, but

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Speaker 3: we felt like they needed a better option when it

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Speaker 3: came to kind of trust and the way we could

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Speaker 3: invest in things that others may not be able to.

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Speaker 3: So it's we think that's going to be a fun

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Speaker 3: part of what we do. We think it's a great

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Speaker 3: way to tell stories about cool cars, like you know,

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Speaker 3: we were, you know, talking before about you know, it's

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Speaker 3: fun to talk about great cars coming up for sale.

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Speaker 3: It's a lot more fun to talk about them coming

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Speaker 3: up for sale than it is insuring them. And nothing

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Speaker 3: wrong with insurance. I get pays for me to be here,

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Speaker 3: but it's fun to.

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Speaker 4: Talk about what people are shopping for.

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Speaker 1: So well, I was going to ask, I was, you know,

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Speaker 1: how much of the core business is still the insurance business?

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Speaker 1: And also, you know, I know the auction market this

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Speaker 1: year has been kind of weird. Can you just give

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Speaker 1: us sort of a like a review on the year

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Speaker 1: about auctions and does that affect the insurance business side

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Speaker 1: of things too? Yeah?

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Speaker 3: Yeah, So, I mean right now we're ninety two percent

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Speaker 3: of the revenues insurance and part of this we're just

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Speaker 3: growing so much. I mean this this year will add

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Speaker 3: about two hundred and seventy five thousand new members to

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Speaker 3: our our membership and insurance world, which is a cool

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Speaker 3: number given that like the biggest car club in the

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Speaker 3: world is like a little over one hundred thousand. So

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Speaker 3: it's just a big group of car people coming together.

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Speaker 3: But we on the the car market space, there's no

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Speaker 3: doubt about it that you know kind of posts. There

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Speaker 3: was a real high post COVID. You know, people just

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Speaker 3: like RVs and boats and camping and everything else in

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Speaker 3: the car world right right, and the car world saw

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Speaker 3: big boom. It peaked somewhere around like December of twenty

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Speaker 3: twenty two, and it's okay. You know, just because something

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Speaker 3: is off a peak doesn't mean it's bad.

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Speaker 1: It's not a disaster.

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Speaker 3: It's not a disaster. But definitely, you know, we've seen

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Speaker 3: this these kind of dips before. We saw it like

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Speaker 3: financial post financial crisis. I remember it after the dot

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Speaker 3: com bus twenty five years ago, when you know, it

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Speaker 3: got really hot and then it feels like it's pulling back,

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Speaker 3: but it's just it's more rationality. So you know, yeah,

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Speaker 3: the live auctions were off about twelve percent and twenty

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Speaker 3: twenty four digital auctions and those kind of mechanisms.

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Speaker 4: Were down about five.

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Speaker 3: So not a disaster, because when you say they're off,

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Speaker 3: they're off against like huge highs, and so maybe it's

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Speaker 3: just a little bit of kind of rebalancing in there. Definitely,

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Speaker 3: we saw it even like the summer, that some segments

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Speaker 3: of kind of older vintage cars didn't seem to.

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Speaker 4: Have the kind of demand.

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Speaker 3: But then we see new kinds of vehicles that have

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Speaker 3: more demand, and there's some clear trends that this kind

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Speaker 3: of I don't want to call them the next generation.

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Speaker 3: I call them like the rising generation of collectors. They're

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Speaker 3: the ones that are rising and they get to do

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Speaker 3: cool stuff, and they have different tastes, and someday, you know,

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Speaker 3: we hope is that as their taste mature, as all

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Speaker 3: of our tastes have matured when it comes to cars,

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Speaker 3: that they'll want to buy more of that cool old

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Speaker 3: stuff too.

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Speaker 1: I was going to feel like we need to discuss

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Speaker 1: what you mean by different tastes, because.

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Speaker 4: When you're young, you buy.

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Speaker 3: You know, you may have a poster of the fastest

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Speaker 3: car that is available on a wall on your wall,

399
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Speaker 3: but you can't afford it, and see buy you know

400
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Speaker 3: what you like, and you know the trends that are

401
00:19:51,320 --> 00:19:53,439
Speaker 3: definitely different than what we saw in the past with

402
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Speaker 3: these rising generations are well, clearly, you know, Japanese cars

403
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Speaker 3: are not just kind of an accidental thing. They're a

404
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Speaker 3: big part of the car world that was where, but

405
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Speaker 3: they're big part of collecting.

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Speaker 1: Clear I'll see that continuing.

407
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Speaker 4: Oh my gosh. Yeah.

408
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Speaker 3: And you see kind of less even less performance oriented variants.

409
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Speaker 4: Now becoming hot.

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Speaker 1: Interesting.

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Speaker 3: So that's kind of interesting because everybody wants the best

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Speaker 3: of the bass. But if you can't afford the best

413
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Speaker 3: of the best, or there's just so few of them,

414
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Speaker 3: then you go for the next bat.

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Speaker 2: Wait, what are we talking about? I know the dots

416
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Speaker 2: in two eighties. Ex's on your list.

417
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Speaker 4: I'm in a prelude.

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Speaker 2: Oh yes, Oh by the way, Oh dude, my my

419
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Speaker 2: best friend in the high school had a Honda Prelude

420
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Speaker 2: with a stick. It was like nineteen ninety I think,

421
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Speaker 2: and that car was the sickest. I mean, I've been

422
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Speaker 2: thinking about that ever since, but I've never really seen

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Speaker 2: it brought up until you put it.

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Speaker 4: Out on your list. Their manual.

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Speaker 3: You know, they were super reliable. They they're just a

426
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Speaker 3: great car, and they built a lot of them. They

427
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Speaker 3: were sold mostly on the coasts in the US, and

428
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Speaker 3: you know that kind of that those markets were much

429
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Speaker 3: more comfortable with them. They weren't a muscle car crowd.

430
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Speaker 3: It wasn't that they weren't hot rodders, and so it

431
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Speaker 3: makes sense that, you know, it's.

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Speaker 4: An affordable entry point.

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Speaker 3: I keep waiting for someday the Ford Probe is going

434
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Speaker 3: to make it on our list, but it's not quite

435
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Speaker 3: there yet. So no offense to all the Ford Probe

436
00:21:14,560 --> 00:21:15,640
Speaker 3: owners out there.

437
00:21:22,840 --> 00:21:24,440
Speaker 1: Do we want to dive into the bull list?

438
00:21:24,560 --> 00:21:28,919
Speaker 2: I know, I know, before we get there, I want

439
00:21:28,960 --> 00:21:31,880
Speaker 2: to ask about a car, Hannah, you probably care more about.

440
00:21:31,920 --> 00:21:34,840
Speaker 2: Which is the Ferrari Oh yeah, yeah, yeah, it's what.

441
00:21:34,880 --> 00:21:39,880
Speaker 5: Fifty nine GT two fifty California wheelbase California. So it's

442
00:21:39,920 --> 00:21:43,800
Speaker 5: not Spider, It's not exactly the one that Cameron's dad

443
00:21:44,040 --> 00:21:45,479
Speaker 5: had in there's Bueler.

444
00:21:45,600 --> 00:21:47,320
Speaker 4: This is the one he dreamed about adding.

445
00:21:47,720 --> 00:21:50,520
Speaker 2: But so this, I mean, when we talk about a

446
00:21:50,600 --> 00:21:55,479
Speaker 2: down market for the collector car world, that doesn't include

447
00:21:55,520 --> 00:21:57,399
Speaker 2: cars like this, right, it's still going to go for

448
00:21:57,440 --> 00:21:59,400
Speaker 2: top and you're selling it at Emelia Island for sure.

449
00:21:59,440 --> 00:22:02,800
Speaker 3: Yeah, this will go at the Amelia sale in March

450
00:22:02,840 --> 00:22:04,960
Speaker 3: March seventh and eighth, and so this will be kind

451
00:22:04,960 --> 00:22:06,639
Speaker 3: of one of the star cars there. And this is

452
00:22:06,680 --> 00:22:09,560
Speaker 3: you know, this is a twelve fourteen million dollar car,

453
00:22:10,160 --> 00:22:12,000
Speaker 3: but it's one it's so rare because it's an aluminum

454
00:22:12,040 --> 00:22:16,440
Speaker 3: bodied one of eight. You know, Lamar raced great provenance,

455
00:22:16,520 --> 00:22:19,560
Speaker 3: the whole thing owned by great collectors, which in the past,

456
00:22:19,560 --> 00:22:21,800
Speaker 3: which really helps because they kind of did the work

457
00:22:21,840 --> 00:22:24,159
Speaker 3: to make sure they bought good stuff. So this is,

458
00:22:24,280 --> 00:22:27,520
Speaker 3: you know, somebody's chance to buy a Mona Lisa kind

459
00:22:27,560 --> 00:22:31,000
Speaker 3: of car. And plus it's just super cool. I mean,

460
00:22:31,000 --> 00:22:34,280
Speaker 3: the thing, these things are just amazing and nose these

461
00:22:34,320 --> 00:22:37,520
Speaker 3: cars well, look they too can have cycles price wise.

462
00:22:37,560 --> 00:22:39,879
Speaker 3: But a big part of the car world that you

463
00:22:39,920 --> 00:22:42,280
Speaker 3: know we don't talk about or no one talks about

464
00:22:42,280 --> 00:22:45,960
Speaker 3: when it comes to say auction results and everything else,

465
00:22:46,040 --> 00:22:49,240
Speaker 3: is despite all of this stuff, there's lots of private

466
00:22:49,320 --> 00:22:52,359
Speaker 3: sales that happen in the multimillion dollar category.

467
00:22:52,520 --> 00:22:55,120
Speaker 1: And so like this sense that's a big chunk of revenue.

468
00:22:55,240 --> 00:22:57,800
Speaker 4: It's huge. It was a huge part for us this year.

469
00:22:57,920 --> 00:23:00,960
Speaker 3: Like those teams, you know, the auction specials, and you

470
00:23:00,960 --> 00:23:04,040
Speaker 3: know they're constantly they're not waiting for an auction to

471
00:23:04,080 --> 00:23:05,560
Speaker 3: sell something if somebody wants to buy.

472
00:23:05,640 --> 00:23:07,720
Speaker 1: And this is also because a lot of people want

473
00:23:07,760 --> 00:23:10,040
Speaker 1: to be more discreet. It's what they buy and sell.

474
00:23:10,080 --> 00:23:12,119
Speaker 1: This is this is nothing like back door. This is

475
00:23:12,240 --> 00:23:15,359
Speaker 1: just private sales right and other public auctions.

476
00:23:15,440 --> 00:23:17,080
Speaker 3: Yeah, because I mean, you know, I think it's that,

477
00:23:17,240 --> 00:23:19,119
Speaker 3: you know, people want to have a little discretion and

478
00:23:19,119 --> 00:23:19,600
Speaker 3: they want.

479
00:23:19,480 --> 00:23:19,920
Speaker 4: To be private.

480
00:23:20,000 --> 00:23:23,520
Speaker 1: The issue, it's a security issue. It's also tone. I mean,

481
00:23:23,920 --> 00:23:25,480
Speaker 1: it's been a rough year for a lot of people.

482
00:23:25,520 --> 00:23:27,719
Speaker 1: Does it look great if you're spending fifteen million on

483
00:23:27,760 --> 00:23:31,040
Speaker 1: a Ferrari and you're the boss of the shop, you know.

484
00:23:31,080 --> 00:23:33,640
Speaker 3: Yeah, or you had to light lay a bunch of people,

485
00:23:34,200 --> 00:23:39,040
Speaker 3: you know. So, but these cars come up so infrequently

486
00:23:39,600 --> 00:23:42,000
Speaker 3: that when they do come up, you know, it's amazing

487
00:23:42,040 --> 00:23:45,080
Speaker 3: how people clamor for them to just say no, that's

488
00:23:45,080 --> 00:23:46,720
Speaker 3: the one. I've been waiting for it and here it

489
00:23:46,800 --> 00:23:47,359
Speaker 3: is got to go.

490
00:23:47,520 --> 00:23:49,800
Speaker 1: I'm curious, and this is just from my own background,

491
00:23:50,200 --> 00:23:52,920
Speaker 1: what is the thought process with this Ferrari? This nineteen

492
00:23:53,000 --> 00:23:58,879
Speaker 1: fifty nine Ferrari to fifty GT between having it sold

493
00:23:58,920 --> 00:24:02,640
Speaker 1: privately or publicly, Like, do you advise the person who

494
00:24:02,680 --> 00:24:04,360
Speaker 1: comes to you and says I want to sell this car.

495
00:24:04,520 --> 00:24:06,400
Speaker 1: Do you say, actually, we think it would do better

496
00:24:06,680 --> 00:24:08,560
Speaker 1: on the public market versus privately.

497
00:24:09,040 --> 00:24:11,240
Speaker 3: Yeah, that's a that's a big part of it. So

498
00:24:11,359 --> 00:24:16,360
Speaker 3: these you know, these this this mythical role of auction specialists,

499
00:24:16,359 --> 00:24:20,640
Speaker 3: like they're they're actively working with collectors constantly to say,

500
00:24:20,760 --> 00:24:23,240
Speaker 3: you know, are you are we upsizing? Are you downsizing?

501
00:24:23,280 --> 00:24:25,640
Speaker 3: Are you shifting from one era or type of car

502
00:24:25,680 --> 00:24:28,199
Speaker 3: to another? And that's the whole thing. You know, everybody

503
00:24:28,200 --> 00:24:30,679
Speaker 3: wants to get the most money for a car that

504
00:24:30,720 --> 00:24:33,719
Speaker 3: they can, but it's it's all like again being careful

505
00:24:33,720 --> 00:24:36,959
Speaker 3: of the market or making sure you're not selling introtion

506
00:24:37,160 --> 00:24:38,080
Speaker 3: you're well.

507
00:24:38,280 --> 00:24:39,240
Speaker 4: I think interest rates.

508
00:24:39,119 --> 00:24:42,280
Speaker 3: Probably were as much driving this kind of softness in

509
00:24:42,320 --> 00:24:46,159
Speaker 3: the market as anything, because when everybody's feeling flush and

510
00:24:46,200 --> 00:24:49,359
Speaker 3: everybody's buying everything they want it practically zero percent interest.

511
00:24:50,320 --> 00:24:53,880
Speaker 3: That affects very very wealthy people as well, like because

512
00:24:53,880 --> 00:24:56,080
Speaker 3: they're you know, they're feeling really great about what they

513
00:24:56,119 --> 00:25:00,000
Speaker 3: can buy, and when interest rates are at a different level,

514
00:25:00,200 --> 00:25:02,200
Speaker 3: it changes confidence, I.

515
00:25:02,080 --> 00:25:04,679
Speaker 1: Guess, and that applies to people who are spending a

516
00:25:04,720 --> 00:25:07,080
Speaker 1: lot of money on blue chip cars. It doesn't just

517
00:25:07,119 --> 00:25:10,320
Speaker 1: affect those of us on more of a budget.

518
00:25:10,280 --> 00:25:13,040
Speaker 3: Right, Yeah, I mean because they they're affected by all

519
00:25:13,200 --> 00:25:16,400
Speaker 3: the same issues, they just have more more zeros in

520
00:25:16,480 --> 00:25:18,520
Speaker 3: some cases. So you know what we see though, is

521
00:25:18,600 --> 00:25:21,800
Speaker 3: there is there was an age cohort that you know

522
00:25:21,920 --> 00:25:23,760
Speaker 3: are often referred to as the Baby Boomers, and they

523
00:25:23,800 --> 00:25:27,840
Speaker 3: were the biggest car collecting generation ever, and they bought

524
00:25:28,119 --> 00:25:31,800
Speaker 3: many of them great stuff when they were at lower prices,

525
00:25:31,920 --> 00:25:36,440
Speaker 3: and the cars are probably mostly fully valued, and some

526
00:25:36,480 --> 00:25:37,120
Speaker 3: of them want to.

527
00:25:37,040 --> 00:25:38,960
Speaker 4: Downsize or they want to simplify their life.

528
00:25:39,000 --> 00:25:43,160
Speaker 3: One of the interesting characteristics of that Baby Boomer generation,

529
00:25:43,880 --> 00:25:45,960
Speaker 3: if you look at it outside of money, is that

530
00:25:46,000 --> 00:25:49,080
Speaker 3: they tend to try to simplify things later in life.

531
00:25:49,480 --> 00:25:51,080
Speaker 3: And it's just like, Okay, I have a great, big

532
00:25:51,119 --> 00:25:53,080
Speaker 3: life and I have homes, or I do a lot

533
00:25:53,119 --> 00:25:53,440
Speaker 3: of stuff.

534
00:25:53,480 --> 00:25:55,560
Speaker 1: I want less any more problems.

535
00:25:55,680 --> 00:25:55,880
Speaker 4: Yeah.

536
00:25:55,920 --> 00:25:57,360
Speaker 3: Well, but even if it's just I want to clean

537
00:25:57,440 --> 00:25:59,439
Speaker 3: out my closets or I want to get rid of

538
00:25:59,440 --> 00:26:01,040
Speaker 3: some of the books in my library, they just don't

539
00:26:01,080 --> 00:26:03,679
Speaker 3: want all the clutter. And so, you know, they kind

540
00:26:03,680 --> 00:26:06,280
Speaker 3: of have this they kind of the Baby Boomer kind

541
00:26:06,280 --> 00:26:10,920
Speaker 3: of started as the flower Child generation, became incredibly incredibly consumerist,

542
00:26:11,840 --> 00:26:12,720
Speaker 3: consumer driven.

543
00:26:12,800 --> 00:26:14,320
Speaker 2: They have seventy five trillion dollars.

544
00:26:14,600 --> 00:26:17,160
Speaker 3: Yes, and but then as they get older, they simplify

545
00:26:17,680 --> 00:26:21,080
Speaker 3: and so and that's so what we'd expect is and

546
00:26:21,320 --> 00:26:23,560
Speaker 3: then there's this other interesting trend related to it, which

547
00:26:23,600 --> 00:26:27,000
Speaker 3: is we find more of the larger collectors wanting to

548
00:26:27,040 --> 00:26:27,840
Speaker 3: liquidate their.

549
00:26:27,680 --> 00:26:28,760
Speaker 4: Cars while they're alive.

550
00:26:29,600 --> 00:26:32,280
Speaker 3: And whereas like my dad's generation, he passed away, he

551
00:26:32,280 --> 00:26:35,840
Speaker 3: would have been ninety or whatever this last year, those

552
00:26:36,160 --> 00:26:38,679
Speaker 3: those big collectors they just kind of died with their

553
00:26:38,720 --> 00:26:41,680
Speaker 3: boots on and let their families deal with the mess after,

554
00:26:41,960 --> 00:26:44,119
Speaker 3: you know, hey, go ahead, sell these forty cars or

555
00:26:44,160 --> 00:26:47,640
Speaker 3: whatever I have. And the new generation it's like, I think,

556
00:26:47,720 --> 00:26:50,879
Speaker 3: just a little I don't know, maybe more of a

557
00:26:51,760 --> 00:26:55,480
Speaker 3: you know, reality around mortality or something like this, which is.

558
00:26:55,560 --> 00:26:57,760
Speaker 2: Financial planning for sure.

559
00:26:57,840 --> 00:26:58,280
Speaker 4: I think so.

560
00:26:58,440 --> 00:27:01,280
Speaker 2: By the way, speaking of your dad before we get

561
00:27:01,280 --> 00:27:02,800
Speaker 2: into the list, and I want to get to it

562
00:27:02,800 --> 00:27:06,679
Speaker 2: because we're not all rich baby boers, and certainly I

563
00:27:06,760 --> 00:27:09,680
Speaker 2: was thinking about so, my dad had some cars. They're

564
00:27:09,720 --> 00:27:12,880
Speaker 2: not amazing, but they're like part of a family lore.

565
00:27:13,040 --> 00:27:15,520
Speaker 2: And I think in Hannah's family the same is true too.

566
00:27:15,520 --> 00:27:18,159
Speaker 2: So what were the what were the haggardy cars that

567
00:27:18,600 --> 00:27:21,919
Speaker 2: really mean something to you and your life growing up.

568
00:27:22,040 --> 00:27:23,919
Speaker 3: No thanks for asking, because you know, in the end,

569
00:27:23,960 --> 00:27:25,800
Speaker 3: like we can talk about dollars and cents all you want.

570
00:27:26,600 --> 00:27:29,560
Speaker 3: These cars are important to me and for most people,

571
00:27:29,640 --> 00:27:31,280
Speaker 3: most of the millions of people who are into it

572
00:27:31,320 --> 00:27:33,159
Speaker 3: because of what the cars mean to them, not what

573
00:27:33,200 --> 00:27:36,040
Speaker 3: they're worth. And you know I did not, We did

574
00:27:36,040 --> 00:27:37,760
Speaker 3: not grow up with Ferraris in the garage. You know,

575
00:27:37,800 --> 00:27:39,879
Speaker 3: those were not cars that we had. We were a

576
00:27:39,920 --> 00:27:44,000
Speaker 3: Ford family, and ironically a Ford family and a Porsche family.

577
00:27:44,600 --> 00:27:47,960
Speaker 3: So my great grandfather worked for Fords. There's that was

578
00:27:47,960 --> 00:27:48,640
Speaker 3: a lot of Fords.

579
00:27:48,640 --> 00:27:50,720
Speaker 4: My dad was. I was restoring cars in the garage.

580
00:27:51,280 --> 00:27:53,440
Speaker 3: Each of my sisters and I got to restore cars

581
00:27:53,440 --> 00:27:56,719
Speaker 3: with him, but we got to you buy something out

582
00:27:56,760 --> 00:27:59,399
Speaker 3: of the newspaper and work on it. My my next oldest,

583
00:27:59,440 --> 00:28:01,959
Speaker 3: my oldest is sure, restored with him a corve Air

584
00:28:02,080 --> 00:28:06,679
Speaker 3: Lakewood station Wagon, which we sadly sold at some point.

585
00:28:07,040 --> 00:28:09,800
Speaker 3: And then my middle sister had a and still has

586
00:28:09,960 --> 00:28:14,240
Speaker 3: a nineteen sixty three fifty six B Roadster Porsche, which

587
00:28:14,400 --> 00:28:16,040
Speaker 3: is her baby. She drives it every single night. In

588
00:28:16,080 --> 00:28:19,359
Speaker 3: the end, mine that I bought for five hundred dollars

589
00:28:19,480 --> 00:28:22,280
Speaker 3: was a nineteen sixty seven portion nine to eleven s

590
00:28:23,080 --> 00:28:25,360
Speaker 3: and so I always say, like five hundred bucks, Well,

591
00:28:25,359 --> 00:28:27,200
Speaker 3: that was by far the best car deal I've ever

592
00:28:27,240 --> 00:28:28,960
Speaker 3: made in my life. But I also say, look, it's

593
00:28:29,040 --> 00:28:31,480
Speaker 3: it's priceless to me. I would never get rid of that.

594
00:28:32,000 --> 00:28:34,080
Speaker 3: And you know, it's the first car I drive every spring,

595
00:28:34,119 --> 00:28:35,639
Speaker 3: and it's the last car I put away when the

596
00:28:35,680 --> 00:28:36,480
Speaker 3: snow starts.

597
00:28:36,240 --> 00:28:37,920
Speaker 2: To f You worked on it at home with your dad.

598
00:28:38,040 --> 00:28:40,560
Speaker 3: Yeah, no, I did the whole thing, and just that

599
00:28:40,920 --> 00:28:44,440
Speaker 3: pride and of restoring it, owning it, driving it. That

600
00:28:44,440 --> 00:28:46,760
Speaker 3: will always be the most important car to me. And

601
00:28:46,800 --> 00:28:48,960
Speaker 3: then there were a bunch of cars my dad had

602
00:28:48,960 --> 00:28:53,720
Speaker 3: that I was able to kind of bring into into

603
00:28:53,760 --> 00:28:56,760
Speaker 3: the you know kind of collection that are both employees

604
00:28:56,800 --> 00:28:58,680
Speaker 3: and team members and nobody gets to see and that's

605
00:28:58,720 --> 00:29:01,360
Speaker 3: really fun. So, you know, for me driving one of

606
00:29:01,360 --> 00:29:03,000
Speaker 3: the cars that was important to my dad was just

607
00:29:03,040 --> 00:29:04,960
Speaker 3: it's like communing with.

608
00:29:04,720 --> 00:29:07,000
Speaker 4: Him, and it's just been Yeah, it's been a great thing.

609
00:29:07,240 --> 00:29:09,960
Speaker 4: It's really I don't care what they're worth, it's just

610
00:29:10,120 --> 00:29:10,680
Speaker 4: being with dad.

611
00:29:11,080 --> 00:29:11,800
Speaker 2: Yeah, that's awesome.

612
00:29:11,800 --> 00:29:13,760
Speaker 1: Do you take that nine to eleven us? On rallies?

613
00:29:14,000 --> 00:29:15,960
Speaker 1: I've had one of the cars that yeah drive well.

614
00:29:16,040 --> 00:29:17,280
Speaker 3: Funny thing, you know, I me. I grew up in

615
00:29:17,320 --> 00:29:19,640
Speaker 3: northern Michigan. I still live there. One of the cool

616
00:29:19,680 --> 00:29:22,920
Speaker 3: things I started doing, probably about ten years ago, is realizing, like,

617
00:29:22,920 --> 00:29:24,760
Speaker 3: there are all these great roads out there. I've got

618
00:29:24,760 --> 00:29:29,400
Speaker 3: this cool car I've had for forty years almost. I

619
00:29:29,520 --> 00:29:32,000
Speaker 3: started shipping it around and driving on roads I always

620
00:29:32,040 --> 00:29:33,760
Speaker 3: wanted to drive on with it. I mean, I went

621
00:29:33,800 --> 00:29:36,000
Speaker 3: to I went to college in southern California, but my

622
00:29:36,120 --> 00:29:38,480
Speaker 3: dad wouldn't let me bring the Porsche to drive up

623
00:29:38,560 --> 00:29:39,080
Speaker 3: Highway one.

624
00:29:39,600 --> 00:29:40,960
Speaker 4: He just said, now you don't want you don't want

625
00:29:40,960 --> 00:29:45,920
Speaker 4: an old car. It's college. I'm like, yeah, I do, so, yes,

626
00:29:45,960 --> 00:29:46,160
Speaker 4: I do.

627
00:29:46,320 --> 00:29:46,440
Speaker 1: So.

628
00:29:46,560 --> 00:29:48,600
Speaker 3: It wasn't until just a few years ago that I

629
00:29:48,600 --> 00:29:50,920
Speaker 3: finally like, darn it, I need to ship this thing

630
00:29:50,960 --> 00:29:54,080
Speaker 3: to LA and drive it up to Big Sar, which

631
00:29:54,160 --> 00:29:56,840
Speaker 3: I did, and it was just, you know, it was awesome.

632
00:29:57,160 --> 00:30:00,640
Speaker 1: So did you ever consider living in California by the away.

633
00:30:00,480 --> 00:30:01,800
Speaker 2: Or someplace other than Michigan.

634
00:30:01,960 --> 00:30:04,080
Speaker 1: I know, you where you went to college, you live

635
00:30:04,120 --> 00:30:08,040
Speaker 1: there during school, but you California is such a big

636
00:30:08,120 --> 00:30:09,640
Speaker 1: car hub too well, and.

637
00:30:09,560 --> 00:30:13,080
Speaker 3: It's kind of like culturally, I mean, I every Strangely

638
00:30:13,120 --> 00:30:15,360
Speaker 3: in the car world, everybody thinks I'm from California.

639
00:30:15,440 --> 00:30:17,560
Speaker 4: I don't know why. It's maybe my it's not the

640
00:30:17,600 --> 00:30:20,040
Speaker 4: way today. It's the tan and my bad.

641
00:30:20,240 --> 00:30:23,080
Speaker 1: You have the mentality of it though. Driving up Highway One,

642
00:30:23,240 --> 00:30:23,719
Speaker 1: I think so.

643
00:30:23,880 --> 00:30:26,280
Speaker 3: And my wife was from there, so you know, we

644
00:30:26,360 --> 00:30:28,800
Speaker 3: met there and we had California. LA will always be

645
00:30:29,040 --> 00:30:31,360
Speaker 3: a big part of our life, and I've been involved

646
00:30:31,360 --> 00:30:33,440
Speaker 3: with the Peterson Museum forever, and you know.

647
00:30:33,400 --> 00:30:36,080
Speaker 4: I love LA. The whole LA car culture is awesome.

648
00:30:36,880 --> 00:30:39,360
Speaker 2: All right, let's get to this list because there's a

649
00:30:39,360 --> 00:30:45,120
Speaker 2: couple I have questions about some of these vehicles. Let's

650
00:30:45,120 --> 00:30:48,640
Speaker 2: start with another Ferrari that's not going to go for

651
00:30:49,160 --> 00:30:52,560
Speaker 2: fourteen million, and that is the one that Tom Cruise

652
00:30:52,640 --> 00:30:55,680
Speaker 2: drove at the beginning of rain Man, right the four

653
00:30:55,760 --> 00:30:57,400
Speaker 2: hundred what is it? Four twelve?

654
00:30:57,520 --> 00:30:58,800
Speaker 4: Yeah, for twelve?

655
00:30:59,440 --> 00:31:02,000
Speaker 2: Is this just on the list because you think it's

656
00:31:02,000 --> 00:31:04,520
Speaker 2: affordable and it's hit the bottom.

657
00:31:05,560 --> 00:31:08,800
Speaker 3: Of where it was probably more bottomed out before. I

658
00:31:08,880 --> 00:31:12,280
Speaker 3: just think it's definitely again, you know, if you other

659
00:31:12,360 --> 00:31:14,680
Speaker 3: than Porsche, and you know I love Porscha's, like the

660
00:31:14,720 --> 00:31:18,160
Speaker 3: Ferrari brand has been the strongest brand at the top

661
00:31:18,240 --> 00:31:22,520
Speaker 3: end of the collecting world forever and the you know,

662
00:31:22,600 --> 00:31:25,240
Speaker 3: these four hundreds or these they didn't make a lot

663
00:31:25,240 --> 00:31:28,640
Speaker 3: of two plus two's, and some of them were like

664
00:31:29,400 --> 00:31:33,160
Speaker 3: much maligned by the car world. But this is kind

665
00:31:33,160 --> 00:31:35,880
Speaker 3: of one of the latest versions where we've started seeing

666
00:31:36,120 --> 00:31:39,560
Speaker 3: increasing values in them, more people liking them, people not

667
00:31:39,720 --> 00:31:41,120
Speaker 3: being feeling.

668
00:31:40,840 --> 00:31:42,640
Speaker 4: Embarrassed at all to own them. They just think they're

669
00:31:42,680 --> 00:31:43,120
Speaker 4: kind of cool.

670
00:31:43,200 --> 00:31:45,000
Speaker 1: Was that a thing like embarrassment?

671
00:31:45,560 --> 00:31:48,320
Speaker 3: Yeah, well there was you know, the there was the

672
00:31:48,600 --> 00:31:52,800
Speaker 3: famous the predecessor to this, the three six five, I believe,

673
00:31:52,920 --> 00:31:56,600
Speaker 3: was often referred to as the Queen Mother or Queen Mary,

674
00:31:56,680 --> 00:31:58,920
Speaker 3: Queen Mother, either one, and it was just because it

675
00:31:59,000 --> 00:32:01,440
Speaker 3: was like big, ponderous, flicking Ferrari for the time. But

676
00:32:01,480 --> 00:32:05,720
Speaker 3: I'm like, this is a V twelve, seriously cool car.

677
00:32:06,200 --> 00:32:10,000
Speaker 3: It just doesn't have maybe the same it's the looks

678
00:32:10,000 --> 00:32:11,080
Speaker 3: are a little underloved.

679
00:32:11,360 --> 00:32:14,800
Speaker 4: Underloved, Yeah, yes, and so it's cool car. They're they're

680
00:32:14,840 --> 00:32:15,920
Speaker 4: they're interesting to see.

681
00:32:16,040 --> 00:32:19,000
Speaker 1: I have to ask about the E type. Obviously, this

682
00:32:19,120 --> 00:32:22,960
Speaker 1: is an iconic model. You guys have said, the nineteen

683
00:32:23,000 --> 00:32:26,760
Speaker 1: sixty one to nineteen sixty four era E Type. I

684
00:32:26,800 --> 00:32:28,880
Speaker 1: want to talk about that but I also want to

685
00:32:28,920 --> 00:32:32,960
Speaker 1: hear your thoughts on the new Jaguar branding because this

686
00:32:33,120 --> 00:32:35,960
Speaker 1: is such an iconic car, and what do you think

687
00:32:36,000 --> 00:32:37,160
Speaker 1: about the rebrand.

688
00:32:37,240 --> 00:32:39,880
Speaker 2: Yeah, it's interesting, right, which, by the way, they say

689
00:32:40,360 --> 00:32:44,520
Speaker 2: that the concept car somehow harkens back to the type,

690
00:32:44,640 --> 00:32:48,200
Speaker 2: the type which is you know, Enzo Ferrari may have said,

691
00:32:48,240 --> 00:32:50,760
Speaker 2: it's the most beautiful car that was ever made.

692
00:32:51,320 --> 00:32:53,120
Speaker 4: Long hood. It has long hood.

693
00:32:53,280 --> 00:32:55,440
Speaker 3: That's all I can think of, right, Okay, I'm starting,

694
00:32:55,520 --> 00:32:56,560
Speaker 3: all right, So a couple thoughts.

695
00:32:56,560 --> 00:32:57,920
Speaker 4: Well, first, you know, e types.

696
00:32:58,360 --> 00:33:00,400
Speaker 3: You know, if you think about no, if I talked

697
00:33:00,400 --> 00:33:02,760
Speaker 3: about Ferrari being like at the top of the game

698
00:33:03,000 --> 00:33:07,640
Speaker 3: in the collecting world, no brand has risen faster than.

699
00:33:07,560 --> 00:33:09,760
Speaker 4: Porsche in the last decade.

700
00:33:10,120 --> 00:33:13,240
Speaker 3: It's just been amazing to see and both you know,

701
00:33:13,360 --> 00:33:17,680
Speaker 3: coupled with you know, all these you know, influencers building

702
00:33:17,680 --> 00:33:22,040
Speaker 3: really super cool cars and then just the amazing, you know,

703
00:33:22,080 --> 00:33:24,520
Speaker 3: weapons grade machines that Porsche keeps making. So they've been

704
00:33:24,520 --> 00:33:26,680
Speaker 3: really on the rise. Jaguar has kind of been left

705
00:33:26,840 --> 00:33:28,440
Speaker 3: in the dust a little bit. That was like the

706
00:33:28,480 --> 00:33:31,200
Speaker 3: opposite of it really is, Yeah, the exact opposite, Like

707
00:33:31,280 --> 00:33:33,520
Speaker 3: you know, Yeah, I loved some of the Ian Callum

708
00:33:33,560 --> 00:33:37,920
Speaker 3: designs when when he was leading the shop there, and

709
00:33:38,040 --> 00:33:39,920
Speaker 3: because they were kind of cool, they were kind of muscular,

710
00:33:39,920 --> 00:33:41,960
Speaker 3: but they just they just aren't thought of in the

711
00:33:42,000 --> 00:33:45,520
Speaker 3: same way today as well.

712
00:33:46,000 --> 00:33:48,320
Speaker 2: The same quality, Like you have a Porsche and never

713
00:33:48,360 --> 00:33:49,240
Speaker 2: take it to your mechanic.

714
00:33:49,400 --> 00:33:51,440
Speaker 3: Well, that's right, And so there's all that stuff. There's

715
00:33:51,480 --> 00:33:54,760
Speaker 3: quality stuff, and there's you know, they're just maybe uninspired

716
00:33:54,800 --> 00:33:58,760
Speaker 3: performance or whatever. But the E type was undeniably beautiful looking.

717
00:33:58,920 --> 00:34:00,960
Speaker 3: And you know, if ends Ferrari said that it was

718
00:34:00,960 --> 00:34:02,400
Speaker 3: the most beautiful card the world, we're just going to

719
00:34:02,480 --> 00:34:05,360
Speaker 3: go with it. I think he probably did. And so

720
00:34:05,760 --> 00:34:08,200
Speaker 3: the series one, which was the you know, first series,

721
00:34:08,239 --> 00:34:10,200
Speaker 3: and they made him in a few and the last ones,

722
00:34:10,560 --> 00:34:14,480
Speaker 3: you know, weren't weren't necessarily the basket until the mid seventies. Yeah,

723
00:34:14,520 --> 00:34:16,319
Speaker 3: and the and the V twelve ones right there at

724
00:34:16,320 --> 00:34:18,440
Speaker 3: the end, we're kind of they were more challenged, but

725
00:34:18,520 --> 00:34:19,880
Speaker 3: these early ones were really pure.

726
00:34:20,840 --> 00:34:22,000
Speaker 4: They really are beautiful.

727
00:34:22,160 --> 00:34:23,719
Speaker 3: And I think what we've what we've seen in this

728
00:34:23,800 --> 00:34:25,920
Speaker 3: kind of emerging list, like this list that we put

729
00:34:25,920 --> 00:34:28,520
Speaker 3: together every here is like it's a it's a change.

730
00:34:28,200 --> 00:34:29,760
Speaker 4: In somebody's interest in things.

731
00:34:30,160 --> 00:34:33,000
Speaker 3: And I think this is maybe okay, this is a

732
00:34:33,040 --> 00:34:35,319
Speaker 3: new group of collectors saying like, okay, maybe these have

733
00:34:35,360 --> 00:34:38,000
Speaker 3: been overlooked. Maybe they're kind of on the rise.

734
00:34:38,239 --> 00:34:40,720
Speaker 1: And were at rock bottom? Are you saying it's.

735
00:34:42,640 --> 00:34:45,640
Speaker 3: I think it's like people, look, cars are always about signaling, right,

736
00:34:45,680 --> 00:34:46,160
Speaker 3: so it's there.

737
00:34:46,239 --> 00:34:47,359
Speaker 4: This is an identity thing.

738
00:34:47,520 --> 00:34:51,000
Speaker 3: And I think, you know, an nothing says I'm you know,

739
00:34:51,200 --> 00:34:54,560
Speaker 3: mad men more than you know, or I'm cool than

740
00:34:54,719 --> 00:34:56,960
Speaker 3: any type. It really, I think it really does. So

741
00:34:57,320 --> 00:34:58,520
Speaker 3: I think that's maybe why.

742
00:34:58,400 --> 00:34:59,400
Speaker 2: It goes well with tweed.

743
00:34:59,680 --> 00:35:03,000
Speaker 3: Yeah, I mean, and you know, and what do we

744
00:35:03,120 --> 00:35:04,280
Speaker 3: fancy coffee drinks?

745
00:35:04,320 --> 00:35:06,520
Speaker 2: What do you think the price? I mean, we didn't

746
00:35:06,520 --> 00:35:08,800
Speaker 2: talk about that with the Ferrari, the Ferrari four hundred

747
00:35:08,920 --> 00:35:10,920
Speaker 2: four to twelve. What do you pay for a decent

748
00:35:10,960 --> 00:35:12,360
Speaker 2: one like fifty forty?

749
00:35:12,480 --> 00:35:14,040
Speaker 4: Yeah, at the bottom end, and then and you know,

750
00:35:14,040 --> 00:35:15,080
Speaker 4: eighty ninety and the.

751
00:35:15,000 --> 00:35:17,560
Speaker 2: E type for a decent one in running order. I'm

752
00:35:17,560 --> 00:35:20,120
Speaker 2: not talking about a concoor example, but what do you

753
00:35:20,120 --> 00:35:22,720
Speaker 2: pay for an early E type and decent shape?

754
00:35:22,920 --> 00:35:25,040
Speaker 3: Yeah, I mean you can pay as little as seventy

755
00:35:25,040 --> 00:35:27,640
Speaker 3: five thousand and as much as two hundred, So they're definitely.

756
00:35:27,680 --> 00:35:30,359
Speaker 3: These are not, you know, bargain basement cars, and it's

757
00:35:30,360 --> 00:35:32,080
Speaker 3: one of the most expensive cars on the list, but

758
00:35:32,080 --> 00:35:35,360
Speaker 3: it was it's just surprising that it's seeing new interest.

759
00:35:35,719 --> 00:35:38,239
Speaker 3: And I don't know again, like because I've always felt

760
00:35:38,280 --> 00:35:39,799
Speaker 3: that if you look in the car world, it's not

761
00:35:39,840 --> 00:35:42,479
Speaker 3: what people want now, it's what what the alternatives are.

762
00:35:42,960 --> 00:35:45,160
Speaker 3: And we re realized a few years ago when Mercedes,

763
00:35:45,280 --> 00:35:49,120
Speaker 3: especially really valuable Mercedes were up, like fully valued, and

764
00:35:49,120 --> 00:35:51,480
Speaker 3: people were selling them the very next car like a

765
00:35:51,520 --> 00:35:53,799
Speaker 3: gull wing owner or something. The very next car they

766
00:35:53,800 --> 00:35:56,520
Speaker 3: bought was a vintage nine to eleven, And I kind

767
00:35:56,560 --> 00:35:59,200
Speaker 3: of want that was It's an indicator, and so I

768
00:35:59,280 --> 00:36:01,600
Speaker 3: kind of think that this is this is signaling something.

769
00:36:01,680 --> 00:36:03,520
Speaker 3: We're just gonna have to watch it. But by the way,

770
00:36:03,520 --> 00:36:05,960
Speaker 3: all the E type owners they're I mean, they're awesome.

771
00:36:06,000 --> 00:36:09,200
Speaker 3: It's I have a sixty six and it's it's my

772
00:36:09,239 --> 00:36:12,520
Speaker 3: wife's favorite car we own. I just wish it'd had

773
00:36:12,520 --> 00:36:14,239
Speaker 3: another gear in a little bit more power, is it?

774
00:36:14,400 --> 00:36:16,640
Speaker 2: I mean, is it the kind of thing? Is it

775
00:36:16,640 --> 00:36:18,000
Speaker 2: the kind of thing where you have to be do

776
00:36:18,040 --> 00:36:19,560
Speaker 2: you have to have a mechanic as well? When you

777
00:36:19,640 --> 00:36:20,960
Speaker 2: buy the E type now.

778
00:36:20,960 --> 00:36:22,839
Speaker 3: No, I mean it's you know, like they I mean,

779
00:36:22,880 --> 00:36:26,040
Speaker 3: the only challenge with e types I find is they

780
00:36:26,680 --> 00:36:28,719
Speaker 3: can run a little hot, and so they're tough if

781
00:36:28,719 --> 00:36:29,160
Speaker 3: you live.

782
00:36:29,000 --> 00:36:30,600
Speaker 4: In a place with a lot of traffic.

783
00:36:31,080 --> 00:36:33,319
Speaker 3: You know, these those cars were born in an era

784
00:36:33,480 --> 00:36:36,160
Speaker 3: when in the UK when everything was around about there

785
00:36:36,200 --> 00:36:38,200
Speaker 3: were no traffic lights and there was a fraction of

786
00:36:38,239 --> 00:36:40,440
Speaker 3: the amount of cars on the road. So it was

787
00:36:40,440 --> 00:36:45,000
Speaker 3: probably great in a you know, drafty cool UK back

788
00:36:45,000 --> 00:36:47,680
Speaker 3: when the thing was designed. But like, you know, truly

789
00:36:47,800 --> 00:36:50,799
Speaker 3: not to but sitting in traffic in Miami, it's just

790
00:36:50,800 --> 00:36:53,000
Speaker 3: gonna it's gonna melt down.

791
00:36:53,520 --> 00:36:55,520
Speaker 1: Okay, Matt, I can't believe you have been asked about

792
00:36:55,560 --> 00:36:55,960
Speaker 1: the Dodge.

793
00:36:56,480 --> 00:36:57,520
Speaker 4: Am I gonna have to bring it up?

794
00:36:57,560 --> 00:36:57,719
Speaker 1: No?

795
00:36:57,800 --> 00:37:01,279
Speaker 2: I think so, Okay, you have on the list a

796
00:37:01,360 --> 00:37:06,840
Speaker 2: Dodge Magnum SRT eight, and I have a Dodge Challenger

797
00:37:06,960 --> 00:37:08,040
Speaker 2: SCAT packwise and I.

798
00:37:08,040 --> 00:37:11,400
Speaker 1: Just drove the charger ev Oh yep, Okay, that's a

799
00:37:11,480 --> 00:37:12,919
Speaker 1: very different thing I'm thinking about.

800
00:37:13,200 --> 00:37:16,520
Speaker 2: Maybe not so the Magnum and and the Challenger and

801
00:37:16,560 --> 00:37:19,120
Speaker 2: the charger. These are like you can get big inch

802
00:37:19,200 --> 00:37:21,480
Speaker 2: motors like six point one or six point four Leader

803
00:37:21,600 --> 00:37:25,360
Speaker 2: V eights and they're like they've gone extinct. We've watched

804
00:37:25,600 --> 00:37:28,399
Speaker 2: as they've died and they'll never be made again. Sure,

805
00:37:29,840 --> 00:37:31,000
Speaker 2: is that why it's on the list?

806
00:37:31,520 --> 00:37:34,200
Speaker 4: Well, I have Dodge Demon number thirty five.

807
00:37:35,440 --> 00:37:40,320
Speaker 3: I suspected so we helped Dodge get that that model

808
00:37:40,400 --> 00:37:43,080
Speaker 3: launched because they were struggling to get anybody crazy enough

809
00:37:43,120 --> 00:37:44,840
Speaker 3: to ensure Dodge Demons.

810
00:37:44,840 --> 00:37:46,319
Speaker 4: So I guess I stuck my hand up.

811
00:37:46,320 --> 00:37:48,680
Speaker 3: And by the way, I told Tim Kiniskus at the

812
00:37:48,680 --> 00:37:51,600
Speaker 3: time when he was saying, would you ensure Dodge Demons?

813
00:37:52,160 --> 00:37:53,680
Speaker 3: And when he explained to me what the car was

814
00:37:53,719 --> 00:37:55,120
Speaker 3: going to be, I said, I will tell you what

815
00:37:55,160 --> 00:37:57,280
Speaker 3: you go tell your board. I will ensure every Dodge

816
00:37:57,320 --> 00:37:59,799
Speaker 3: Demon you can make, but I won't ensure every Dodge

817
00:37:59,840 --> 00:38:00,640
Speaker 3: Dan driver.

818
00:38:01,480 --> 00:38:02,040
Speaker 4: How about that?

819
00:38:02,200 --> 00:38:04,480
Speaker 3: And he's like, he's remember, I'm going to give it,

820
00:38:04,520 --> 00:38:06,480
Speaker 3: and he's like, I think I think I can make

821
00:38:06,480 --> 00:38:06,799
Speaker 3: that work.

822
00:38:06,840 --> 00:38:09,239
Speaker 4: I'm like, well, then go to town, let's build these things.

823
00:38:09,239 --> 00:38:10,759
Speaker 3: So yeah, so I have and I have a and

824
00:38:10,800 --> 00:38:14,479
Speaker 3: we have a help we have a manual hel cat too.

825
00:38:14,960 --> 00:38:16,880
Speaker 2: How much do you love it? I mean, I think

826
00:38:17,400 --> 00:38:20,680
Speaker 2: there's such amazing cars because they're big and with roomy

827
00:38:21,160 --> 00:38:23,160
Speaker 2: and you got all the torque that you want and

828
00:38:23,200 --> 00:38:25,600
Speaker 2: it's just a fun boat to drive around the roads.

829
00:38:25,640 --> 00:38:27,880
Speaker 3: Well, you talk about our friends at the sec A,

830
00:38:28,160 --> 00:38:30,120
Speaker 3: you know as sports Car Club of America, which is

831
00:38:30,160 --> 00:38:33,839
Speaker 3: you know, always been a sports car club, and they

832
00:38:33,880 --> 00:38:36,839
Speaker 3: have people bringing they have a program they call track

833
00:38:36,960 --> 00:38:38,399
Speaker 3: Night in America and they said, you just don't even

834
00:38:38,400 --> 00:38:42,040
Speaker 3: believe how many people bring in Hellcats and challengers to Track.

835
00:38:41,960 --> 00:38:42,560
Speaker 4: Night in America.

836
00:38:42,640 --> 00:38:44,880
Speaker 3: And they say it was just not what the SECA

837
00:38:45,000 --> 00:38:46,719
Speaker 3: was about. But it's like people come to the track

838
00:38:46,800 --> 00:38:49,080
Speaker 3: to have fun. And my view is I don't care

839
00:38:49,080 --> 00:38:51,480
Speaker 3: about his people coming to the track and having fun. Yeah,

840
00:38:51,520 --> 00:38:53,600
Speaker 3: And so it's great, they're cool. The Magnum is a

841
00:38:53,600 --> 00:38:54,320
Speaker 3: station wagon.

842
00:38:54,360 --> 00:38:55,320
Speaker 4: It is a station wagon.

843
00:38:55,520 --> 00:38:57,480
Speaker 3: Well, which, by the way, back to the Jaguar rebrand,

844
00:38:57,560 --> 00:39:00,160
Speaker 3: I also think that's part of that design is not

845
00:39:00,280 --> 00:39:02,520
Speaker 3: at the brand. I don't know, but if you look

846
00:39:02,560 --> 00:39:05,080
Speaker 3: at that design from the side, Longhood, kind of like

847
00:39:05,080 --> 00:39:06,360
Speaker 3: the E type but kind.

848
00:39:06,120 --> 00:39:07,760
Speaker 4: Of shooting break.

849
00:39:08,600 --> 00:39:12,000
Speaker 3: Look, Bradley, and I think, you know, like the Cadillac Celestic,

850
00:39:12,200 --> 00:39:14,279
Speaker 3: it's kind of shooting break and so I think it's

851
00:39:14,320 --> 00:39:17,160
Speaker 3: a new shape and so we call it station wagon

852
00:39:17,200 --> 00:39:21,720
Speaker 3: the dodge, Yeah, right a hurst, right, Yeah, that's funky,

853
00:39:21,840 --> 00:39:22,239
Speaker 3: that's funk.

854
00:39:22,280 --> 00:39:24,640
Speaker 1: Yeah, shooting break isn't polite is a nice way.

855
00:39:24,520 --> 00:39:26,520
Speaker 4: To say it's a shooting break. I don't have the right.

856
00:39:26,680 --> 00:39:29,239
Speaker 2: The Volvo P eighteen hundred is kind of a little

857
00:39:29,280 --> 00:39:30,239
Speaker 2: bit that shape.

858
00:39:30,000 --> 00:39:33,160
Speaker 4: As well, ye, right, another one of those, like I think.

859
00:39:33,040 --> 00:39:35,120
Speaker 2: It's on your list, the sixty one to seventy two

860
00:39:35,120 --> 00:39:35,960
Speaker 2: of all they.

861
00:39:35,880 --> 00:39:38,480
Speaker 3: Were made and for a long period of time, and

862
00:39:38,680 --> 00:39:41,879
Speaker 3: you know, they were again kind of not the best performers.

863
00:39:42,080 --> 00:39:46,399
Speaker 3: There were some really hilarious early uh reviews of these

864
00:39:46,440 --> 00:39:48,160
Speaker 3: cars back in the day of like one of the

865
00:39:48,160 --> 00:39:51,560
Speaker 3: most under stressed motors, you know, you know, all of

866
00:39:51,600 --> 00:39:52,320
Speaker 3: this kind of stuff.

867
00:39:52,600 --> 00:39:55,719
Speaker 4: But yeah, I've always thought they looked cool. I've seen

868
00:39:55,760 --> 00:39:56,759
Speaker 4: them done in.

869
00:39:57,280 --> 00:39:59,799
Speaker 3: I've seen some pretty cool kind of resto model ones too,

870
00:40:00,080 --> 00:40:02,640
Speaker 3: where they're kind of set up kind of track looking,

871
00:40:02,719 --> 00:40:04,919
Speaker 3: and I just their a good looking car.

872
00:40:05,040 --> 00:40:08,280
Speaker 1: And we can't forget the Volvo with the most miles

873
00:40:08,640 --> 00:40:12,480
Speaker 1: on it ever. IRV Gordon drove that what three million

874
00:40:12,200 --> 00:40:15,000
Speaker 1: million miles? The school teacher who owned the same car

875
00:40:15,080 --> 00:40:16,920
Speaker 1: and drove it for like I don't know, twenty or

876
00:40:16,920 --> 00:40:17,399
Speaker 1: thirty four.

877
00:40:17,440 --> 00:40:19,800
Speaker 2: Was that a P eighteen hundred or eighteen hundred. Wow.

878
00:40:20,000 --> 00:40:22,240
Speaker 4: I tried to buy it, Oh.

879
00:40:21,920 --> 00:40:24,000
Speaker 3: Because we want I wanted to get it five million.

880
00:40:25,360 --> 00:40:26,759
Speaker 3: I thought I wanted to get to five million, and

881
00:40:26,840 --> 00:40:28,880
Speaker 3: I got outbid by by Volvo.

882
00:40:29,480 --> 00:40:30,440
Speaker 4: So this happens.

883
00:40:30,560 --> 00:40:33,040
Speaker 1: That's like going up against the house. Yeah, you're losing

884
00:40:33,520 --> 00:40:33,719
Speaker 1: the way.

885
00:40:33,719 --> 00:40:35,360
Speaker 2: It's not the only car on your list with the

886
00:40:35,440 --> 00:40:36,160
Speaker 2: Volvo motor.

887
00:40:36,400 --> 00:40:37,040
Speaker 4: Now, Oh, that's true.

888
00:40:37,080 --> 00:40:40,600
Speaker 2: There we got. Well, they're the DeLorean DMC twelve. I

889
00:40:40,640 --> 00:40:44,520
Speaker 2: went back and read some original reviews of the DeLorean

890
00:40:44,640 --> 00:40:47,000
Speaker 2: and they weren't as bad as I expected them to be.

891
00:40:47,800 --> 00:40:50,719
Speaker 2: Later people realized it was such a dog, I mean,

892
00:40:50,760 --> 00:40:52,680
Speaker 2: one hundred and thirty horse power with the Volvo V

893
00:40:52,840 --> 00:40:54,880
Speaker 2: six in it. I don't know why was some of

894
00:40:54,920 --> 00:40:59,080
Speaker 2: the critique at the critique at the time said, listen,

895
00:40:59,440 --> 00:41:03,160
Speaker 2: this car is comfortable and it handles reasonably well. It

896
00:41:03,200 --> 00:41:05,120
Speaker 2: should be thought of as more of a GT than

897
00:41:05,160 --> 00:41:05,879
Speaker 2: a sports car.

898
00:41:06,320 --> 00:41:06,640
Speaker 1: Wow.

899
00:41:06,920 --> 00:41:09,919
Speaker 2: And I to me, the biggest mystery is why didn't

900
00:41:09,960 --> 00:41:13,520
Speaker 2: John DeLorean put a real power motor in here?

901
00:41:14,560 --> 00:41:18,320
Speaker 3: Oh, I'm sure there was some that that's a fascinating

902
00:41:18,320 --> 00:41:19,959
Speaker 3: part of the story. And I know our like media

903
00:41:20,000 --> 00:41:22,160
Speaker 3: teams have written a bunch of things. And in fact,

904
00:41:22,160 --> 00:41:25,759
Speaker 3: one time, when let's just say, one of our celebrity

905
00:41:27,000 --> 00:41:30,920
Speaker 3: writers for the magazine kind of disc kind of dished

906
00:41:31,000 --> 00:41:35,839
Speaker 3: on on the DeLorean. We like, we got a lot

907
00:41:35,840 --> 00:41:36,440
Speaker 3: of criticisms.

908
00:41:36,440 --> 00:41:37,719
Speaker 2: Who was that celebrity writer.

909
00:41:37,920 --> 00:41:38,719
Speaker 4: Well, we'll just.

910
00:41:38,719 --> 00:41:41,000
Speaker 3: We'll just remain I'm sure you can look it all

911
00:41:41,080 --> 00:41:44,520
Speaker 3: up online. But it was it was interesting because people

912
00:41:44,680 --> 00:41:47,840
Speaker 3: ran to its defense. And you know, I've learned, we

913
00:41:47,920 --> 00:41:49,960
Speaker 3: learned our lesson in the media world because so much

914
00:41:49,960 --> 00:41:53,040
Speaker 3: of automotive media was I was about kind of ripping

915
00:41:53,120 --> 00:41:54,960
Speaker 3: on one car or another, and that was like the

916
00:41:55,000 --> 00:41:57,240
Speaker 3: tone it had to be kind of biting, her cynical,

917
00:41:57,960 --> 00:42:00,759
Speaker 3: and you know, I've really challenged to that team to

918
00:42:00,800 --> 00:42:03,719
Speaker 3: just say, look, there's a there's somebody who loves every

919
00:42:03,719 --> 00:42:04,799
Speaker 3: one of these things.

920
00:42:04,560 --> 00:42:06,080
Speaker 1: And we're just very personal.

921
00:42:06,200 --> 00:42:07,080
Speaker 4: Yeah, it's personal.

922
00:42:07,200 --> 00:42:09,560
Speaker 3: Yeah, I mean really we got into it with the

923
00:42:09,760 --> 00:42:12,400
Speaker 3: with the my sister had a corvet, but somehow an

924
00:42:12,520 --> 00:42:15,239
Speaker 3: article was written negatively about a corvet, and I just

925
00:42:15,280 --> 00:42:19,120
Speaker 3: got eviscerated and I was just like, I literally I

926
00:42:19,120 --> 00:42:21,680
Speaker 3: can't tell you the number of apology letters and you know,

927
00:42:21,800 --> 00:42:25,040
Speaker 3: flowers to people like because I'm like it wasn't meant

928
00:42:25,040 --> 00:42:25,400
Speaker 3: to be mean.

929
00:42:25,800 --> 00:42:29,120
Speaker 1: Trap isn't, but it becomes part of someone's identity and

930
00:42:29,160 --> 00:42:35,840
Speaker 1: it's in their memory, it's ingrained, it's I totally get it. Yes, yeah, yeah, well.

931
00:42:35,760 --> 00:42:38,480
Speaker 3: It's been fun putting these things together and fun seeing

932
00:42:38,480 --> 00:42:39,120
Speaker 3: the entry points.

933
00:42:39,200 --> 00:42:40,640
Speaker 1: Thanks for coming to talk to us.

934
00:42:40,760 --> 00:42:43,720
Speaker 3: Yeah, we're just I'm thrilled you'd give it some attention

935
00:42:43,880 --> 00:42:45,440
Speaker 3: and I love what you guys are doing.

936
00:42:45,600 --> 00:42:48,000
Speaker 1: I also want to say big news that broad Arrow

937
00:42:48,280 --> 00:42:50,839
Speaker 1: is now going to be the official auction house at Villadeste,

938
00:42:51,160 --> 00:42:54,319
Speaker 1: which is I mean basically the highest in car show.

939
00:42:54,920 --> 00:42:57,320
Speaker 3: It's where the it's where the best of show cars

940
00:42:57,320 --> 00:42:59,640
Speaker 3: go to be judged against each other. And it's you

941
00:42:59,680 --> 00:43:03,440
Speaker 3: know Philidestane like Como, and you know, we're we're thrilled.

942
00:43:03,440 --> 00:43:06,160
Speaker 3: The you know BMW, who owns that event, you know,

943
00:43:06,239 --> 00:43:08,400
Speaker 3: ran a big process and we were glad we landed

944
00:43:08,400 --> 00:43:11,239
Speaker 3: they you know, for them, it was all about the

945
00:43:11,239 --> 00:43:13,760
Speaker 3: style of how we do business and you know, character

946
00:43:13,800 --> 00:43:15,360
Speaker 3: and ethics and that sort of thing, and that's what

947
00:43:15,400 --> 00:43:17,520
Speaker 3: the who they wanted to put in front of their guests.

948
00:43:17,520 --> 00:43:19,160
Speaker 3: And I'm like, great, we're gonna we're going to go

949
00:43:19,200 --> 00:43:20,520
Speaker 3: to town. We're gonna We're going to put on a

950
00:43:20,520 --> 00:43:24,040
Speaker 3: great show. And so the auction business is is a

951
00:43:24,320 --> 00:43:26,080
Speaker 3: is a fun one, but it's one we're just going

952
00:43:26,120 --> 00:43:27,319
Speaker 3: to keep doing it really well.

953
00:43:27,440 --> 00:43:29,520
Speaker 4: You're going to focus on quality and well.

954
00:43:29,400 --> 00:43:30,799
Speaker 1: I was going to ask, and I know you need

955
00:43:30,880 --> 00:43:33,319
Speaker 1: to go, but I'm imagining that that sale might be

956
00:43:33,320 --> 00:43:36,600
Speaker 1: a very small, curated sale rather than more of a

957
00:43:36,640 --> 00:43:37,440
Speaker 1: big volume.

958
00:43:37,760 --> 00:43:40,640
Speaker 3: Yeah, it would be you know, eighty cars kind of thing,

959
00:43:40,719 --> 00:43:42,799
Speaker 3: which is, you know, over over a couple of days.

960
00:43:42,800 --> 00:43:45,120
Speaker 3: That's kind of what that market can absorb between all

961
00:43:45,160 --> 00:43:47,799
Speaker 3: the apparall sprits is and everything that everybody has.

962
00:43:47,680 --> 00:43:51,160
Speaker 1: Too much, because that'll get really upset.

963
00:43:51,200 --> 00:43:52,120
Speaker 4: Yeah, well you got to count.

964
00:43:52,160 --> 00:43:55,480
Speaker 2: You have to come, and then we'll send Hannah.

965
00:43:55,480 --> 00:43:55,920
Speaker 4: There we go.

966
00:43:56,120 --> 00:43:57,160
Speaker 1: He's like gritting his teeth.

967
00:43:57,440 --> 00:44:00,560
Speaker 3: But whereas like you know, like the Amelia type sales,

968
00:44:00,560 --> 00:44:02,160
Speaker 3: those will be one hundred and fifty cars, so a

969
00:44:02,200 --> 00:44:05,480
Speaker 3: couple of days, long, long days and and you know,

970
00:44:05,800 --> 00:44:06,959
Speaker 3: some big cars being sold.

971
00:44:07,040 --> 00:44:09,080
Speaker 2: Well, thank you so much, dude for coming in. It's

972
00:44:09,080 --> 00:44:11,640
Speaker 2: been a real pleasure, my pleasure, my honor, and hopefully

973
00:44:11,640 --> 00:44:12,359
Speaker 2: we see you again too.

974
00:44:12,480 --> 00:44:12,839
Speaker 1: Come back.

975
00:44:12,960 --> 00:44:15,839
Speaker 2: I will I'll just read off his list so that

976
00:44:15,880 --> 00:44:19,880
Speaker 2: people know everything that was on it. The nineteen seventy

977
00:44:19,920 --> 00:44:22,160
Speaker 2: eight to nineteen eighty three Dots in two eighty z.

978
00:44:22,520 --> 00:44:25,279
Speaker 1: X is that your personal favorite? No this list?

979
00:44:25,400 --> 00:44:27,640
Speaker 2: No, okay, I don't think they're in any particular order

980
00:44:27,680 --> 00:44:30,040
Speaker 2: as what as I was going to say, Okay, I

981
00:44:30,120 --> 00:44:34,479
Speaker 2: do kind of have a soft spot. My my uncle

982
00:44:34,520 --> 00:44:37,480
Speaker 2: had one at one point. Next is the nineteen eighty

983
00:44:37,480 --> 00:44:41,560
Speaker 2: one to nineteen eighty three DeLorean DMC twelve, which, m.

984
00:44:41,640 --> 00:44:44,600
Speaker 1: Hm, cool. I've driven one. It doesn't drive great.

985
00:44:44,960 --> 00:44:47,400
Speaker 2: I have not driven one, but I can't imagine it's

986
00:44:47,440 --> 00:44:48,040
Speaker 2: a good experience.

987
00:44:48,080 --> 00:44:50,560
Speaker 1: Now it's so slow, so it's just the way it

988
00:44:50,600 --> 00:44:52,920
Speaker 1: looks that people. But now we have the cyber truck,

989
00:44:52,960 --> 00:44:54,680
Speaker 1: which kind of looks like the truck version of the

990
00:44:54,680 --> 00:44:55,400
Speaker 1: Dolorean to me.

991
00:44:55,560 --> 00:44:58,080
Speaker 2: Good point. We talked about the E type nineteen sixty

992
00:44:58,120 --> 00:44:59,759
Speaker 2: one and nineteen sixty four Jaguar E.

993
00:45:00,320 --> 00:45:03,040
Speaker 1: Can I say something about that. I'm actually curious. I'm

994
00:45:03,120 --> 00:45:07,000
Speaker 1: surprised that it wasn't the Jaguar XJS that is actually

995
00:45:07,400 --> 00:45:10,920
Speaker 1: oh that list, because that's nineties era. That's sort of

996
00:45:10,960 --> 00:45:13,120
Speaker 1: more in keeping with the rest of this list, Like

997
00:45:13,400 --> 00:45:16,880
Speaker 1: they're saying the early sixties era E type. Yeah, Like

998
00:45:17,160 --> 00:45:19,680
Speaker 1: the rest of these dates are like nineties and two thousands,

999
00:45:19,680 --> 00:45:21,560
Speaker 1: so I'm very surprised I should have asked him about it.

1000
00:45:21,560 --> 00:45:23,160
Speaker 2: I thought it was odd too. I mean, my friend's

1001
00:45:23,320 --> 00:45:26,080
Speaker 2: dad got one of these when I was in high

1002
00:45:26,080 --> 00:45:27,880
Speaker 2: school and we thought it was awesome, but that was

1003
00:45:27,960 --> 00:45:29,480
Speaker 2: obviously five years.

1004
00:45:29,480 --> 00:45:32,080
Speaker 1: Yeah, so I feel like it should be the XGS.

1005
00:45:32,280 --> 00:45:35,200
Speaker 2: I don't disagree with you, and I love the XGS.

1006
00:45:35,920 --> 00:45:37,560
Speaker 2: The next one on the list is the two thousand

1007
00:45:37,560 --> 00:45:41,480
Speaker 2: and three to twenty thirteen Lamborghini Guaiardo six speed. And

1008
00:45:41,600 --> 00:45:44,440
Speaker 2: by the way, this reminds me that I totally forgot

1009
00:45:44,480 --> 00:45:47,719
Speaker 2: to ask him one of the most important questions to me,

1010
00:45:47,800 --> 00:45:53,720
Speaker 2: which is how big is the chasm in valuations between

1011
00:45:54,000 --> 00:45:56,799
Speaker 2: a manual and an auto box on a car that

1012
00:45:56,840 --> 00:45:58,560
Speaker 2: offered both as an option from factory.

1013
00:45:58,960 --> 00:46:01,719
Speaker 1: He's definitely gonna say the manual is worth more, of course,

1014
00:46:01,760 --> 00:46:04,000
Speaker 1: but the question is how big? How much more? What's

1015
00:46:04,040 --> 00:46:04,719
Speaker 1: the premium?

1016
00:46:04,960 --> 00:46:07,879
Speaker 2: Like that a Ferrari. Yeah, let's say like a three

1017
00:46:08,040 --> 00:46:11,960
Speaker 2: fifty five, right, the manual which I got to drive Again,

1018
00:46:12,000 --> 00:46:14,160
Speaker 2: should we discuss well, did we not talk about it

1019
00:46:14,200 --> 00:46:14,480
Speaker 2: at all?

1020
00:46:14,520 --> 00:46:14,640
Speaker 1: All?

1021
00:46:14,680 --> 00:46:18,000
Speaker 2: Right, we'll talk about it after. But the manual must

1022
00:46:18,040 --> 00:46:20,680
Speaker 2: be worth far more than the autobox.

1023
00:46:20,080 --> 00:46:22,200
Speaker 1: Right, We got to email them about that, Okay.

1024
00:46:22,560 --> 00:46:24,120
Speaker 2: The next on the list is the two thousand and

1025
00:46:24,160 --> 00:46:27,279
Speaker 2: five to two thousand and eight Dodge Magnum SRT eight.

1026
00:46:27,520 --> 00:46:29,759
Speaker 1: Talk about an ugly car to be honest.

1027
00:46:29,560 --> 00:46:33,320
Speaker 2: Yeah, I it's a hearse even as a Mopar fan,

1028
00:46:35,320 --> 00:46:39,440
Speaker 2: even if you appreciate this vehicle, how are you going

1029
00:46:39,520 --> 00:46:42,160
Speaker 2: to find one that hasn't been like wrecked six times

1030
00:46:42,239 --> 00:46:44,759
Speaker 2: with two hundred thousand miles on it. The next car

1031
00:46:44,800 --> 00:46:46,600
Speaker 2: on the list is the nineteen sixty one to nineteen

1032
00:46:46,680 --> 00:46:49,319
Speaker 2: seventy two Volvo P. Eighteen hundred.

1033
00:46:49,760 --> 00:46:52,560
Speaker 1: This is also the Saint era Volvo. Isn't it the

1034
00:46:52,600 --> 00:46:54,680
Speaker 1: one from that the original movie of the Saint.

1035
00:46:54,760 --> 00:46:55,960
Speaker 2: Yeah, and I feel like it should have been on

1036
00:46:56,000 --> 00:46:58,400
Speaker 2: the bull market list, like yeah, last year or five.

1037
00:46:58,320 --> 00:46:59,960
Speaker 1: Years also weirdly old?

1038
00:47:00,080 --> 00:47:01,000
Speaker 4: Yeah yeah.

1039
00:47:01,040 --> 00:47:03,240
Speaker 2: The next one is in nineteen seventy six to nineteen

1040
00:47:03,320 --> 00:47:06,280
Speaker 2: eighty nine. Wow, they made it for thirteen years. Ferrari

1041
00:47:06,440 --> 00:47:09,319
Speaker 2: four hundred slash four twelve, which we talked about.

1042
00:47:09,440 --> 00:47:11,879
Speaker 1: We talked about and like, it's so weird to hear

1043
00:47:11,920 --> 00:47:15,160
Speaker 1: anyone say like this was quote unquote an embarrassing Ferrari.

1044
00:47:15,600 --> 00:47:17,719
Speaker 1: I mean it's like this is so niche, because like,

1045
00:47:17,760 --> 00:47:19,600
Speaker 1: how could any Ferrari be embarrassing?

1046
00:47:19,640 --> 00:47:22,120
Speaker 2: But yeah, but it is. I remember watching rain Man

1047
00:47:22,200 --> 00:47:24,839
Speaker 2: and thinking, I know what they're trying to do. They're

1048
00:47:24,840 --> 00:47:27,759
Speaker 2: trying to make Tom Cruise look like a total ball

1049
00:47:27,840 --> 00:47:29,759
Speaker 2: or wheeler dealer. But they should have put him in

1050
00:47:29,800 --> 00:47:34,719
Speaker 2: a better Ferrari anyway, great movie. Two thousand and two

1051
00:47:34,840 --> 00:47:38,160
Speaker 2: to two thousand and six, Mini Cooper s cute.

1052
00:47:38,520 --> 00:47:41,080
Speaker 1: I mean I feel like you could get that from You.

1053
00:47:41,000 --> 00:47:44,239
Speaker 2: Can get it cheat like it's a driver's car. Yeah,

1054
00:47:44,280 --> 00:47:45,240
Speaker 2: you can get it with a stick.

1055
00:47:45,680 --> 00:47:46,720
Speaker 1: Yeah cool, Okay.

1056
00:47:46,960 --> 00:47:49,399
Speaker 2: Nineteen ninety seven to two thousand and one hundred Prayer Lude.

1057
00:47:49,440 --> 00:47:50,000
Speaker 4: We talked about this.

1058
00:47:50,880 --> 00:47:53,799
Speaker 2: Oh my god, I'll never forget driving out to the

1059
00:47:53,840 --> 00:47:57,000
Speaker 2: bat Cave, which is what we called some random deserted

1060
00:47:57,440 --> 00:48:01,000
Speaker 2: driveway with my buddy John Lucier listening to the New

1061
00:48:01,080 --> 00:48:06,120
Speaker 2: Ministry record and smoking cigarettes, which yeah, yeah, okay. The

1062
00:48:06,120 --> 00:48:07,920
Speaker 2: next one is the two thousand and two to two

1063
00:48:07,960 --> 00:48:10,120
Speaker 2: thousand and eight Mercedes Benz G five hundred.

1064
00:48:10,400 --> 00:48:14,040
Speaker 1: That's the one I want. That is classic, and I

1065
00:48:14,040 --> 00:48:15,920
Speaker 1: don't want to hear it about how much do they

1066
00:48:15,960 --> 00:48:20,120
Speaker 1: cost their repair yeah, yeah, yeah, YadA, YadA, YadA, it's awesome.

1067
00:48:20,440 --> 00:48:24,680
Speaker 2: I just think if you're going to get a g Wagon, well,

1068
00:48:24,760 --> 00:48:26,439
Speaker 2: if I'm going to get a g Wagon, I would

1069
00:48:26,440 --> 00:48:30,600
Speaker 2: want one post twenty eighteen because there's so much better

1070
00:48:30,640 --> 00:48:34,680
Speaker 2: to actually drive on the street. But they're not classic.

1071
00:48:35,480 --> 00:48:38,400
Speaker 1: Yeah, I don't know. Do you like the modern g Wagon?

1072
00:48:38,400 --> 00:48:41,000
Speaker 1: The current the current generation? You have no problem with it.

1073
00:48:41,080 --> 00:48:43,480
Speaker 2: I like it much better than the old generation because

1074
00:48:43,760 --> 00:48:46,640
Speaker 2: it has the same look, the door has the same sound,

1075
00:48:46,719 --> 00:48:48,919
Speaker 2: which is the main reason you're buying it, right, and

1076
00:48:49,239 --> 00:48:49,839
Speaker 2: it works better.

1077
00:48:49,880 --> 00:48:52,280
Speaker 1: Okay, So all right, Yeah, I don't have a strong

1078
00:48:52,280 --> 00:48:54,040
Speaker 1: feel like I'm fine with the modern one two, But

1079
00:48:54,200 --> 00:48:56,040
Speaker 1: I mean the originals are cool, and I think they're

1080
00:48:56,080 --> 00:48:58,440
Speaker 1: going to continue to just get cooler and cooler.

1081
00:48:58,920 --> 00:49:01,040
Speaker 2: The last one on the list is nineteen eighty four

1082
00:49:01,520 --> 00:49:06,799
Speaker 2: to nineteen ninety Ford Bronco two. We didn't talk about

1083
00:49:06,960 --> 00:49:08,239
Speaker 2: this one.

1084
00:49:08,600 --> 00:49:11,319
Speaker 1: Yeah, I mean, if you're listening and you or you're

1085
00:49:11,400 --> 00:49:14,200
Speaker 1: googling the Haggerty list, I love the livery on this

1086
00:49:14,320 --> 00:49:16,799
Speaker 1: Ford Bronco. It's like an off white with sort of

1087
00:49:16,840 --> 00:49:20,760
Speaker 1: a burnt orange stripe on it with the word Bronco.

1088
00:49:20,840 --> 00:49:24,680
Speaker 1: It's very eighties. It's cool. I mean, at this point,

1089
00:49:24,840 --> 00:49:30,000
Speaker 1: every wealthy Guy and silver Lake and montalk own one.

1090
00:49:30,160 --> 00:49:33,359
Speaker 1: So it's I'm sort of bored with the Broncos now,

1091
00:49:33,400 --> 00:49:36,000
Speaker 1: but I do really like the livery of this one,

1092
00:49:36,040 --> 00:49:37,759
Speaker 1: and I like that it's not a restomat.

1093
00:49:37,840 --> 00:49:39,960
Speaker 2: I like that it's and I imagine this is the

1094
00:49:40,040 --> 00:49:43,400
Speaker 2: last of the Broncos to be collectible because every Bronco,

1095
00:49:44,200 --> 00:49:47,080
Speaker 2: every era has been collectible. Yeah. I think every era

1096
00:49:47,200 --> 00:49:50,480
Speaker 2: has been on the list pretty much so because I

1097
00:49:50,520 --> 00:49:53,440
Speaker 2: remember when people started talking about getting OJ's Bronco, which

1098
00:49:53,480 --> 00:49:54,000
Speaker 2: is the one that was.

1099
00:49:54,000 --> 00:49:59,080
Speaker 1: Absolutely which also Peter Brandt had. Did you ever go

1100
00:49:59,160 --> 00:50:02,360
Speaker 1: to his house for like art parties and stuff. He

1101
00:50:02,600 --> 00:50:05,720
Speaker 1: had OJ's White Bronco and park it on the lawn

1102
00:50:06,280 --> 00:50:09,200
Speaker 1: out at his house and just like throw parties around.

1103
00:50:09,239 --> 00:50:11,640
Speaker 1: It was kind of cool. Possibly morbid, but cool.

1104
00:50:11,719 --> 00:50:15,279
Speaker 2: That is morbid, and I'll say interesting. Yeah, Okay, so

1105
00:50:15,360 --> 00:50:19,279
Speaker 2: that's the whole list, And I mean we talked about it.

1106
00:50:20,440 --> 00:50:21,880
Speaker 2: You could write to us and tell us what you

1107
00:50:21,920 --> 00:50:24,080
Speaker 2: think they left out. Let us know what do you

1108
00:50:24,080 --> 00:50:27,279
Speaker 2: think is more collectible, and right now is the time

1109
00:50:27,320 --> 00:50:31,640
Speaker 2: to buy. I always say the BMW six series from

1110
00:50:31,680 --> 00:50:32,400
Speaker 2: the late eighties.

1111
00:50:33,239 --> 00:50:35,719
Speaker 1: Fine, I thought you would say a clown jew BMW.

1112
00:50:35,840 --> 00:50:38,640
Speaker 2: But oh, that's more in keeping with today's generation.

1113
00:50:38,760 --> 00:50:42,840
Speaker 1: Possibly, And I do think it's very interesting. No Porschas

1114
00:50:42,880 --> 00:50:45,880
Speaker 1: on this list. Oh, they've kind of topped. I feel

1115
00:50:45,960 --> 00:50:49,200
Speaker 1: like they've probably even if you're talking nine twenty four,

1116
00:50:49,320 --> 00:50:53,080
Speaker 1: nine eight ninety four, some of sort of the off models,

1117
00:50:53,840 --> 00:50:57,560
Speaker 1: they're not gonna appreciate as much as these. I mean,

1118
00:50:57,560 --> 00:50:59,400
Speaker 1: it seems to be like this is what we're seeing.

1119
00:50:59,640 --> 00:51:02,239
Speaker 2: I guess with nine to elevens, there's no nine to

1120
00:51:02,239 --> 00:51:04,560
Speaker 2: elevens anymore, right, No matter what.

1121
00:51:06,200 --> 00:51:09,719
Speaker 1: Nine ninety seven, the fis nine eleven s that mikil Bot, yeah,

1122
00:51:09,760 --> 00:51:10,839
Speaker 1: does not exist.

1123
00:51:10,560 --> 00:51:15,320
Speaker 2: So you'd have to go nine twenty four, nine four.

1124
00:51:15,360 --> 00:51:18,279
Speaker 1: Sir, those are still really exposed now, all.

1125
00:51:18,239 --> 00:51:22,279
Speaker 2: Right, so let me just talk for a moment about

1126
00:51:22,320 --> 00:51:23,680
Speaker 2: the Ferrari that I got to drive.

1127
00:51:24,000 --> 00:51:24,400
Speaker 1: Please.

1128
00:51:26,040 --> 00:51:29,520
Speaker 2: A listener of the podcast wrote to me, you know,

1129
00:51:29,800 --> 00:51:31,719
Speaker 2: months ago, and was like, Hey, I have a three

1130
00:51:31,880 --> 00:51:34,759
Speaker 2: fifty five and you're welcome to drive it. And I

1131
00:51:34,840 --> 00:51:37,279
Speaker 2: was like, yes, but we're both dads, and we had

1132
00:51:37,280 --> 00:51:40,960
Speaker 2: trouble making our schedule of work. Finally we did. Thank you,

1133
00:51:41,040 --> 00:51:46,160
Speaker 2: thank you, thank you. It was hair raising, you know,

1134
00:51:46,400 --> 00:51:51,719
Speaker 2: goose bump driving experience. I absolutely loved it. He had

1135
00:51:51,760 --> 00:51:56,440
Speaker 2: the gated shifter amazing, and I will say that when

1136
00:51:56,480 --> 00:51:59,000
Speaker 2: I was driving and I thought, I need more hours

1137
00:51:59,000 --> 00:52:01,480
Speaker 2: of practice on this because I feel like if you

1138
00:52:01,520 --> 00:52:03,920
Speaker 2: get into the groove with that, you can really make

1139
00:52:03,960 --> 00:52:07,479
Speaker 2: it sing. Yeah. I mean I was able to drive

1140
00:52:07,520 --> 00:52:11,080
Speaker 2: it and had a great time, but I just wanted

1141
00:52:11,160 --> 00:52:13,279
Speaker 2: more like the sound.

1142
00:52:13,040 --> 00:52:14,520
Speaker 1: Like where did you drive it?

1143
00:52:14,640 --> 00:52:18,399
Speaker 2: So he came over to my house on I want

1144
00:52:18,400 --> 00:52:21,160
Speaker 2: to say a Saturday morning or no, it was Friday

1145
00:52:21,160 --> 00:52:27,560
Speaker 2: morning after Thanksgiving, and it's like a midnight blue, same

1146
00:52:27,640 --> 00:52:30,120
Speaker 2: color as my nine to eleven and with the same

1147
00:52:30,280 --> 00:52:35,400
Speaker 2: interior beige kind of tan interior, really beautiful and I

1148
00:52:35,400 --> 00:52:37,479
Speaker 2: immediately thought, Okay, when I get a Ferrari, I'm gonna

1149
00:52:37,480 --> 00:52:41,560
Speaker 2: get midnight blue too. And very cool guy. He keeps

1150
00:52:41,600 --> 00:52:44,120
Speaker 2: it in storage at a place a little bit north

1151
00:52:44,120 --> 00:52:46,960
Speaker 2: of where I live, and so we drove up to

1152
00:52:47,000 --> 00:52:49,680
Speaker 2: the storage place because he had also blocked the driveway

1153
00:52:49,680 --> 00:52:51,640
Speaker 2: when he was getting out, so we had to move anyway.

1154
00:52:51,840 --> 00:52:55,239
Speaker 2: It was great roads driving up there, and I just

1155
00:52:55,520 --> 00:52:58,560
Speaker 2: loved it. I drove it right away and it's not

1156
00:52:58,920 --> 00:53:02,480
Speaker 2: like it's not obvi a race car anymore. And the

1157
00:53:02,560 --> 00:53:07,960
Speaker 2: acceleration isn't by modern standards impressive, but you don't think

1158
00:53:08,000 --> 00:53:11,000
Speaker 2: about that. You're just like on the gas and you're

1159
00:53:11,040 --> 00:53:14,000
Speaker 2: feeling so fast and the sound is coming from obviously

1160
00:53:14,040 --> 00:53:15,239
Speaker 2: behind you, and.

1161
00:53:15,239 --> 00:53:17,160
Speaker 1: It's just it's full body experience.

1162
00:53:17,160 --> 00:53:18,799
Speaker 2: You need, you want it. You He was like, listen,

1163
00:53:18,840 --> 00:53:21,880
Speaker 2: you got to get it above seven thousand rpm to

1164
00:53:22,000 --> 00:53:25,080
Speaker 2: really hear the right tone. And when I did, I

1165
00:53:25,160 --> 00:53:26,719
Speaker 2: knew exactly what was talking about. And then the rest

1166
00:53:26,719 --> 00:53:28,600
Speaker 2: of the time I was only trying to keep the

1167
00:53:28,600 --> 00:53:32,359
Speaker 2: revs up, yeah, just to hear that screaming. It was.

1168
00:53:32,520 --> 00:53:34,520
Speaker 2: I'm getting goosebumps now just thinking about how did you

1169
00:53:34,600 --> 00:53:37,239
Speaker 2: fit in it? Like when you got it perfectly? I

1170
00:53:37,360 --> 00:53:39,560
Speaker 2: was worried like that I would be too tall, or

1171
00:53:39,600 --> 00:53:41,680
Speaker 2: that the pedal box would be too small, and it

1172
00:53:41,760 --> 00:53:46,440
Speaker 2: is the toe box a little bit constricted, and but

1173
00:53:46,840 --> 00:53:49,240
Speaker 2: it was not a problem at all, Like I wouldn't

1174
00:53:49,280 --> 00:53:53,280
Speaker 2: have qualms about buying one myself because I fit fine

1175
00:53:53,320 --> 00:53:56,680
Speaker 2: and I'm six three, two hundred, you know, so with

1176
00:53:56,760 --> 00:54:00,880
Speaker 2: big feet. But the other cool thing was so I

1177
00:54:00,880 --> 00:54:02,840
Speaker 2: got to drive it. Also, the guy was very cool

1178
00:54:03,000 --> 00:54:05,680
Speaker 2: and we're yeah, I hope.

1179
00:54:05,680 --> 00:54:07,000
Speaker 1: So, I hope I can meet him.

1180
00:54:07,080 --> 00:54:09,440
Speaker 2: Yeah, you'll, You'll probably meet him. He is also a

1181
00:54:09,440 --> 00:54:10,480
Speaker 2: member of the Classic.

1182
00:54:10,200 --> 00:54:11,120
Speaker 1: Car Clubs amazing so.

1183
00:54:11,760 --> 00:54:14,400
Speaker 2: And the other cool thing is we drove up to

1184
00:54:14,440 --> 00:54:16,800
Speaker 2: his warehouse where he keeps the car, and there was

1185
00:54:16,960 --> 00:54:18,839
Speaker 2: this dude there that I really want to introduce you

1186
00:54:19,480 --> 00:54:24,359
Speaker 2: to who runs a company called HK Motors and they

1187
00:54:25,239 --> 00:54:30,239
Speaker 2: sell Jim Glickenhouse's cars, so like the Boot, And they

1188
00:54:30,280 --> 00:54:36,279
Speaker 2: also sell these Kimara Lancias, which I had sort of

1189
00:54:36,360 --> 00:54:38,759
Speaker 2: peripherally heard of but had never seen.

1190
00:54:38,880 --> 00:54:41,399
Speaker 1: I don't think I was familiar. I googled them after

1191
00:54:41,440 --> 00:54:42,040
Speaker 1: you mentioned them.

1192
00:54:42,440 --> 00:54:42,839
Speaker 2: So hot.

1193
00:54:42,960 --> 00:54:45,960
Speaker 1: They look really cool? Yeah, really cool.

1194
00:54:45,960 --> 00:54:47,120
Speaker 2: I mean insane.

1195
00:54:47,200 --> 00:54:48,800
Speaker 1: Are they actually selling these cars?

1196
00:54:48,960 --> 00:54:49,160
Speaker 2: Yes?

1197
00:54:49,560 --> 00:54:50,800
Speaker 1: They are in the US.

1198
00:54:51,200 --> 00:54:53,840
Speaker 2: Are they in the US? And what? The main reason

1199
00:54:53,880 --> 00:54:55,640
Speaker 2: I thought I got to introduce Hannah to this guy

1200
00:54:55,719 --> 00:54:58,919
Speaker 2: is because he has some sweet data about where they're going.

1201
00:54:59,640 --> 00:55:02,480
Speaker 2: So they don't put New York plates on them because

1202
00:55:02,520 --> 00:55:05,160
Speaker 2: people from New York don't buy them, he said, much

1203
00:55:05,200 --> 00:55:09,440
Speaker 2: more often people from Connecticut or New Jersey. Yeah, but

1204
00:55:09,480 --> 00:55:12,680
Speaker 2: not in New York for some reason. And they're also

1205
00:55:12,719 --> 00:55:16,480
Speaker 2: I thought interesting, it's an inline four, a two point

1206
00:55:16,480 --> 00:55:19,160
Speaker 2: one leader in line four, but apparently they scream and

1207
00:55:19,280 --> 00:55:22,120
Speaker 2: one of the one of the top models that they sell,

1208
00:55:22,360 --> 00:55:24,319
Speaker 2: which is less than a million dollars. He thought that

1209
00:55:24,400 --> 00:55:24,719
Speaker 2: was great.

1210
00:55:24,760 --> 00:55:27,440
Speaker 1: I was like, still wed a weird time.

1211
00:55:27,640 --> 00:55:30,840
Speaker 2: Puts out almost seven hundred horse power with an inline four.

1212
00:55:31,000 --> 00:55:32,000
Speaker 1: How much is the car away?

1213
00:55:32,960 --> 00:55:36,640
Speaker 2: It must weigh close to nothing. I mean these are

1214
00:55:37,200 --> 00:55:40,320
Speaker 2: twelve hundred and thirteen hundred kilograms and their manual.

1215
00:55:40,160 --> 00:55:42,760
Speaker 1: On a thousand horse power, which weighed basically.

1216
00:55:42,560 --> 00:55:45,359
Speaker 2: The seven seven hundred horse power because there's a twin

1217
00:55:45,400 --> 00:55:46,920
Speaker 2: turbo charged in line fast.

1218
00:55:47,160 --> 00:55:48,760
Speaker 1: Oh that's a lot to that's.

1219
00:55:48,880 --> 00:55:49,600
Speaker 2: It's a lot to handle.

1220
00:55:49,920 --> 00:55:50,360
Speaker 1: Yeah.

1221
00:55:50,360 --> 00:55:54,040
Speaker 2: In fact, they sell for less money a street version

1222
00:55:54,120 --> 00:55:56,320
Speaker 2: that I would have chosen. I put some Instagram pictures

1223
00:55:56,400 --> 00:55:58,800
Speaker 2: up and the red one is like the hot version,

1224
00:55:58,840 --> 00:56:00,680
Speaker 2: and the green one is the street version. I would

1225
00:56:00,719 --> 00:56:01,279
Speaker 2: opt for this stow.

1226
00:56:01,360 --> 00:56:04,560
Speaker 1: So these are Do you have to give them a

1227
00:56:04,600 --> 00:56:05,200
Speaker 1: donor car?

1228
00:56:05,840 --> 00:56:08,319
Speaker 2: I think they no. Well, I mean maybe they can

1229
00:56:08,360 --> 00:56:10,880
Speaker 2: pick it up for you because they also are wheelers

1230
00:56:10,880 --> 00:56:13,960
Speaker 2: and dealers. But yes, you bring a donor car and

1231
00:56:14,000 --> 00:56:17,000
Speaker 2: then they send it to Italy and then Kamara makes

1232
00:56:17,040 --> 00:56:18,560
Speaker 2: it and they bring it back.

1233
00:56:19,000 --> 00:56:21,000
Speaker 1: Wow, I got to meet this guy.

1234
00:56:21,080 --> 00:56:21,960
Speaker 2: Yeah, you really should.

1235
00:56:22,560 --> 00:56:23,440
Speaker 1: I love how they look.

1236
00:56:23,800 --> 00:56:24,319
Speaker 2: You have a.

1237
00:56:24,320 --> 00:56:26,919
Speaker 1: List, I do have a list, but we can save

1238
00:56:27,040 --> 00:56:27,680
Speaker 1: We could save that.

1239
00:56:27,760 --> 00:56:30,600
Speaker 2: Let's save that for next week, because next week we'll

1240
00:56:30,640 --> 00:56:36,359
Speaker 2: have Benedetto Vinya, the CEO of Ferrari. Yeah, yes, and

1241
00:56:36,719 --> 00:56:39,600
Speaker 2: I feel like you've driven some Ferrari and.

1242
00:56:39,560 --> 00:56:41,720
Speaker 1: So of you. Now, so did you had you driven?

1243
00:56:41,840 --> 00:56:45,080
Speaker 1: You driven the car before you spoke with him the

1244
00:56:45,760 --> 00:56:46,520
Speaker 1: three fifty five.

1245
00:56:46,960 --> 00:56:50,959
Speaker 2: I drove the car before before I spoke with Benedetto Vina.

1246
00:56:51,280 --> 00:56:52,239
Speaker 1: Yes, did it come up?

1247
00:56:53,520 --> 00:56:53,759
Speaker 4: Okay?

1248
00:56:54,320 --> 00:56:54,560
Speaker 1: Good?

1249
00:56:55,200 --> 00:56:58,279
Speaker 2: But this is is it now the second Ferrari? Because

1250
00:56:58,280 --> 00:57:02,279
Speaker 2: I drove the ff for week and I loved it. Yeah,

1251
00:57:03,160 --> 00:57:05,400
Speaker 2: but yeah, I think this is only the second Ferrari

1252
00:57:05,480 --> 00:57:06,520
Speaker 2: that I've ever driven.

1253
00:57:07,360 --> 00:57:09,759
Speaker 1: I predict there are more Ferraris in your future for

1254
00:57:09,880 --> 00:57:10,759
Speaker 1: twenty twenty five.

1255
00:57:11,000 --> 00:57:13,759
Speaker 2: I sure hope you're right. And on that note, Oh,

1256
00:57:13,760 --> 00:57:15,640
Speaker 2: by the way, our email address we should tell people

1257
00:57:16,480 --> 00:57:18,520
Speaker 2: is Hot Pursuit at Bloomberg dot net.

1258
00:57:19,000 --> 00:57:21,600
Speaker 1: Yeah, and please feel free to email us. We read

1259
00:57:21,640 --> 00:57:24,360
Speaker 1: every email where, we respond to all of them.

1260
00:57:24,400 --> 00:57:27,400
Speaker 2: I think I got some pretty amazing emails, or we

1261
00:57:27,440 --> 00:57:28,760
Speaker 2: got some pretty amazing.

1262
00:57:28,480 --> 00:57:30,680
Speaker 1: Give us a minute to respond, because you know, sometimes

1263
00:57:30,840 --> 00:57:34,480
Speaker 1: We don't respond right away, but we really love reading

1264
00:57:34,480 --> 00:57:37,080
Speaker 1: your feedback and your thoughts and comments, and thank you

1265
00:57:37,120 --> 00:57:40,280
Speaker 1: for listening too. Yes, yeah, I mean we have fun

1266
00:57:40,320 --> 00:57:40,720
Speaker 1: doing this.

1267
00:57:40,760 --> 00:57:43,320
Speaker 2: Right, It's pretty fun.

1268
00:57:43,400 --> 00:57:44,560
Speaker 1: We have the fun job here.

1269
00:57:45,320 --> 00:57:47,880
Speaker 2: All right. That's it for this week. We'll see you

1270
00:57:47,920 --> 00:57:48,280
Speaker 2: next week.

1271
00:57:48,280 --> 00:57:50,720
Speaker 1: I'm Matt Miller and I'm Hannah Elliott, and this is

1272
00:57:50,720 --> 00:57:51,240
Speaker 1: Bloomberg