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Speaker 1: I'm Matt Miller and I'm Hannah Elliott, and this is

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Speaker 1: Hot Pursuit.

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Speaker 2: You may have noticed that we sound a little bit different.

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Speaker 3: I'm in my basement in Scarsdale today and Hannah is

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Speaker 3: in a boutique hotel in Paris. We're going to talk

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Speaker 3: about that, but obviously it affects the audio quality.

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Speaker 2: It's different than when we're both in the studio.

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Speaker 3: Also a reminder that you can send us an email

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Speaker 3: and give us any suggestions or ask us any questions.

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Speaker 2: We've had some really good back and forth.

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Speaker 3: With a couple of listeners over the past couple of weeks,

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Speaker 3: and we want to keep that going.

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Speaker 2: Our email address.

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Speaker 1: Hannah Hot Pursuit at Bloomberg dot net, not dot com

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Speaker 1: dot net dot net.

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Speaker 2: That's very important, Okay.

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Speaker 3: In terms of what we're going to talk about today,

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Speaker 3: I want to focus mainly on Paris, just Paris in general,

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Speaker 3: but also on the classic car show that Hannah is

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Speaker 3: attending Retromobile.

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Speaker 2: As well as the r M. Sotheby's auction.

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Speaker 3: And I also want to talk about a conundrum that

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Speaker 3: I have, which is finding a family vehicle that is

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Speaker 3: not a mini van and isn't powered by.

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Speaker 2: A v six.

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Speaker 3: It's very difficult actually, especially if you're on a constrained budget,

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Speaker 3: so it'll be helpful to talk about those things. Let's

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Speaker 3: kick it off with the obviously, the Retromobile and Hannah,

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Speaker 3: just first off, you're there, tell us what it is,

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Speaker 3: because a lot of people maybe haven't heard of Retromobile.

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Speaker 1: It's quintessentially Parisian experience to be at Retromobile, which it's

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Speaker 1: kind of like the Sema Show, but for classic cars.

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Speaker 1: So if you know the Sema Show, you know that

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Speaker 1: it's an aftermarket show. It's a for off roading vehicles

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Speaker 1: and for big trucks, and for suppliers and for brokers.

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Speaker 1: That's kind of what Retromobile is. It's a big classic

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Speaker 1: car show in Paris at the Port of Versailles, and

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Speaker 1: it's for a lot of aftermarket sellers and dealers, people

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Speaker 1: who make parts and components for classic cars, people who

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Speaker 1: do restorations and modifications. It's not for obviously the big

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Speaker 1: OEM type brands, although we're starting to see a few

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Speaker 1: come here, which is an interesting thing that's a bit new.

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Speaker 1: It's for the aftermarket guys, it's for the real enthusiasts.

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Speaker 1: It's for the collector and the real passionate classic car enthusiasts,

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Speaker 1: and it's incredible. It's three and a half days in

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Speaker 1: Paris and then there are auctions as well, so it's

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Speaker 1: pretty incredible. And what I love as an American coming

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Speaker 1: here is I see a lot of cars that we

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Speaker 1: never see in the United States. You know, French brands

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Speaker 1: of course, which it's incredible. I really recommend going if

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Speaker 1: you can.

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Speaker 3: I would love to be there and check it out.

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Speaker 3: I'm not sure about French brands, and a lot of

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Speaker 3: European cars that we don't see in the States. I'm

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Speaker 3: pretty happy about. I'll get a lot of hate for that.

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Speaker 3: But the whole kind of Gelopnik crew and their obsession

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Speaker 3: with citroyent, I never got that. I can't get into

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Speaker 3: these vehicles that are I think less about performance and

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Speaker 3: more about French design. But tell us a few that

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Speaker 3: you think have been really interesting.

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Speaker 1: Okay, so that's a fair point. But I would say

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Speaker 1: the old Citrons from the seventies are they're like so ugly,

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Speaker 1: they're beautiful. Sil Toledano said this French phrase. If you

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Speaker 1: know him, he's mister enthusiasts, He's a car and a

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Speaker 1: watch guy. He said. The French have a phrase which

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Speaker 1: is called beautiful ugly. I don't know the French version,

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Speaker 1: but that's kind of how they see a citron. As

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Speaker 1: my mom would say, it's so ugly it's cute. So yeah,

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Speaker 1: you've got the centrons, of course, but then you also

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Speaker 1: have it. I think you might be a little bit

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Speaker 1: more interested in these, Matt. You've got the rally cars

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Speaker 1: from Group B that sort of never made it to

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Speaker 1: the States, and you've got rally cars, got like one

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Speaker 1: de Car, or you got rally cars from uh, you know,

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Speaker 1: I don't know, other obscure European rallies. And Dick could

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Speaker 1: be the Audi's, they could be Porsche's. We've got the

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Speaker 1: Rothman Porsche here, the actual original one. They could be

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Speaker 1: weird toyotas. They're really cool off road stuff that we

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Speaker 1: just don't see in the US because they're from really

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Speaker 1: obscure European rallies. So that's cool. And then you get

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Speaker 1: really rare things like last night Simon Kitson, who's a

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Speaker 1: really well known dealer here, he sold the Uldhu Mercedes,

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Speaker 1: the most expensive car ever sold that came from Simon Kitson.

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Speaker 1: He's got a booth here, and he had a white

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Speaker 1: fraorri gto, which I've never seen a white one. So

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Speaker 1: it's very obscure, unique, rare oddities that might have originated

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Speaker 1: in Europe and never actually made it to the United States.

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Speaker 1: So you feel as an American that you're seeing really interesting,

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Speaker 1: cool things. And of course the car you mentioned, the

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Speaker 1: Rolls Royce camarg which I'm starting to like it. I

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Speaker 1: didn't like them at first. It's this very square Rolls Royce.

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Speaker 1: This one was from eighty one. But the thing is

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Speaker 1: it's Pininfarina design, so it comes by it looks very

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Speaker 1: honestly and I don't know what's kind of growing on me? H.

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Speaker 2: How do you spell that? And what is it? Exactly

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Speaker 2: a camargue?

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Speaker 3: I mean, because I thought Rolls Royce only made, you know,

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Speaker 3: especially in the eighties their standard you know, like the.

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Speaker 1: Car that you have or yes, the silver Shadow.

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Speaker 3: They're like the bigest stage I think. I think the

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Speaker 3: SZ body cars are from the eighties, right, So what

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Speaker 3: is the camar Yeah.

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Speaker 1: So the camarg you spell it C A M A

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Speaker 1: R g U E. And it is a two door.

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Speaker 1: It's a big sand but it's two doors and it's square.

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Speaker 1: It kind of reminds me of an acid Martin Lagonda

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Speaker 1: from the same era. It's completely squared off and like

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Speaker 1: I said, designed my Peninferina. This one had some really

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Speaker 1: cool details like brushes on the headlamps to literally rush

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Speaker 1: off the headlamps or horsehair brushes, which I thought was

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Speaker 1: really interesting. It's a it's it's a It's got two

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Speaker 1: bench seats. The interior of this one was basically pure white.

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Speaker 1: And this was kind of the unloved, unloved, underloved, undervalued

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Speaker 1: Rolls Royce the one I saw last night. The estimate

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Speaker 1: was like sixty five to eighty five thousand. It's sold

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Speaker 1: for just over fifty thousand dollars, and that probably was

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Speaker 1: a good deal. I think that's about where the market is.

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Speaker 1: So they're more expensive, for instance, than the Silver Shadow

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Speaker 1: that I bought and own that was like twenty thousand dollars,

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Speaker 1: So they're more expensive than that. But I do think,

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Speaker 1: and from what I hear, that there's some room to

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Speaker 1: grow because they're they're very pole arising. Some people hate them.

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Speaker 1: They are it's a harsh thing to look at, yeah,

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Speaker 1: but fun.

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Speaker 2: Well, I like it a lot.

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Speaker 3: This is kind of in the ugly beautiful camp.

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Speaker 2: I mean not really.

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Speaker 3: I think it's more more beautiful, but it definitely is

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Speaker 3: squared off and looks like it's got kind of an

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Speaker 3: oldsmobiuic look, you know. I mean, yes, like the American

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Speaker 3: big American car from from the eighties. But the horse

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Speaker 3: hide brush horse hair brushes on the headlights are interesting touch.

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Speaker 3: And the one that sold had like a gold spirit

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Speaker 3: of ecstasy.

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Speaker 1: Ecstasy right now, completely, yes, completely, yeah, I mean it's

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Speaker 1: it's an acquired taste you kind of have for me.

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Speaker 1: It's like you just want to have fun with it,

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Speaker 1: and that's what it is. But yeah, it's it's not

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Speaker 1: for everyone. Oh and another car just reminded me. I

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Speaker 1: was going to say, you might have trouble finding someone

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Speaker 1: who can work on it for you. In the States,

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Speaker 1: I saw this cool Maserati Mistral that still had the

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Speaker 1: dust on it. It was a bar and fine, again,

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Speaker 1: you know, very rare Maserati I of course, and I

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Speaker 1: think the estimanon was like fifty thousand dollars, so these

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Speaker 1: aren't crazy expensive. But then I start to think, well,

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Speaker 1: who's gonna work on this for me? And that's that's

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Speaker 1: where the challenge comes in.

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Speaker 3: For sure, that's kind of a weird car. That's a

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Speaker 3: great example of these European cars that you don't see

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Speaker 3: too much in the US. And I don't think it's

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Speaker 3: a horrible thing, because yeah, not really a beauty.

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Speaker 2: I mean Maserati did.

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Speaker 3: Those big rear windshields, and I mean it's an interesting car. Yes,

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Speaker 3: with an inline six, which is I always love an

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Speaker 3: inline six.

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Speaker 4: But by the way, the the the aftermarket part of Retromobile,

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Speaker 4: is it a show that's aimed at restoring everything to

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Speaker 4: original or is it kind of increasingly resto mode because

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Speaker 4: that's getting so big here?

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Speaker 2: Is it big?

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Speaker 3: There?

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Speaker 1: Well, it's big and it's getting bigger, bigger. It's both

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Speaker 1: to answer your question, and that reminded me. You know,

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Speaker 1: Bizzerini had a booth there, and Bizzerini is kind of

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Speaker 1: like the thinking Man's Ferrari. It's similar designed, similar engine

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Speaker 1: from the same era race cars that look like Ferraris.

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Speaker 1: Bizzerini is actually doing a full on continuation cars that

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Speaker 1: they were selling at Retromobile, So I don't know what

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Speaker 1: the pricing will be. But their big thing, I was

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Speaker 1: talking to their pr guy, is that they're doing continuation

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Speaker 1: Bizzerinis that are a little bit bigger inside to fit

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Speaker 1: men of your stature, for instance, Magnus, I mean basically

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Speaker 1: anyone who's over five eight and who isn't an actual

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Speaker 1: race car driver size. So yeah, to your point, I mean,

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Speaker 1: it's continuation cars from some of these old European brands

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Speaker 1: that are really obscure, like Bitzerini, and then yeah, it's

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Speaker 1: it's restoration components, parts, and then it's it is also

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Speaker 1: sort of new old things too. There are tons of Mini's,

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Speaker 1: tons of Fiats, you know that sort of thing too. Yeah,

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Speaker 1: really really interesting.

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Speaker 3: I love the Bizzerini and those are very expensive.

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Speaker 2: The continuation cars.

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Speaker 1: It's like Ferrari prices. Yeah, yeah, they're very very and

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Speaker 1: it's like, honestly, I think part of the reason why

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Speaker 1: you might get a continuation the Zerini is if you

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Speaker 1: own an original one and you don't want to drive,

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Speaker 1: you don't want to put the biles on the actual

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Speaker 1: real one that you own, you might actually buy a

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Speaker 1: continuation car to drive and enjoy that. And I know

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Speaker 1: that sounds insane, but in this echelon of buyer it

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Speaker 1: actually makes sense because they don't want to devalue the

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Speaker 1: original car that they own. Well, so there's a market

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Speaker 1: for that.

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Speaker 3: I feel like that might be one of the coolest

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Speaker 3: a reason to go to retromobile because I love the

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Speaker 3: continuation cars that are made in Europe VERSUS American kit cars,

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Speaker 3: and they do continuation versions of like a Bentley eight.

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Speaker 3: They do a continuation version of the Maserati Diaguars.

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Speaker 1: Yf Yeah, some of the race cars, Yeah, I think

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Speaker 1: it's fun, you know, and some of those guys race

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Speaker 1: those cars too, which is even more fun. Yeah.

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Speaker 3: I would just like to obviously drive around in one.

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Speaker 3: And I love the idea of making older cars that

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Speaker 3: are classic and beautiful. Just to tick bigger, I was

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Speaker 3: looking at some sixties Camaros and I always, you know,

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Speaker 3: they look so cool in the shape the silhouette you

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Speaker 3: see them in like cartoons. Always there's a ripoff of

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Speaker 3: basically an old Camaro look for the bad guy.

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Speaker 2: But they're too small for a modern person.

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Speaker 3: And I always think it would be cool for someone

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Speaker 3: to make a recreation of a late sixties Camaro in

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Speaker 3: like one and a half time scale, because yeah, that

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Speaker 3: would be sweet.

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Speaker 1: Yeah. Well, the guys from Bitzerini are totally on that wavelength.

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Speaker 1: And they said, look, the car is going to obviously

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Speaker 1: look the same as the original, but they are going

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Speaker 1: to make it a little more livable for like the

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Speaker 1: modern the modern driver who's had enough nutrition so that

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Speaker 1: you can, you know, get a little bit bigger.

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Speaker 3: Speaking of more livable and cars that you can drive around,

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Speaker 3: we were talking recently about the Ferrari FF and how

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Speaker 3: it might be a good, you know, buy in the future.

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Speaker 2: They're selling.

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Speaker 3: They were panned widely panned when they first came out

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Speaker 3: for being I guess ugly beautiful or more just ugly.

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Speaker 3: And I think they came out in twenty ten or

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Speaker 3: twenty eleven, and now they're going for one hundred thousand.

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Speaker 3: I saw one recently win at auction for over three

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Speaker 3: hundred thousand dollars, so it's already starting what why why?

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Speaker 1: Well, what did it have like ten miles on it?

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Speaker 1: Why was that so expensive?

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Speaker 3: No, it was white and it had a red interior.

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Speaker 2: And I don't think I like white FF.

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Speaker 3: But I think people are just starting to realize, you know,

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Speaker 3: gen X, sorry not gen X millennials and maybe Gen

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Speaker 3: Z buyers especially are wanting less of the sort of

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Speaker 3: classic sixties and seventies cars and more into the eighties

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Speaker 3: and nineties, and now I guess obviously the twos and

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Speaker 3: twenty tens, and they want more livable vehicles, so that

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Speaker 3: ff Obviously with the back seats and the all wheel drive,

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Speaker 3: it's always an automatic transmission.

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Speaker 2: I believe it's just easier to deal with.

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Speaker 1: Yeah, I think it really feels this year already that

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Speaker 1: the car sales and the auctions are going that direction.

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Speaker 1: For instance, at this RM Sotheby's auction, which was really

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Speaker 1: great by the way, it was in the basement of

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Speaker 1: the Loop, which I didn't realize you could have a

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Speaker 1: car auction in the basement of the Loop, but you can.

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Speaker 1: Most of the cars that sold yesterday at this ARM

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Speaker 1: Sotheby's auction were modern, modern, collectible, modern classic cars, I

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Speaker 1: mean made from the nineties forward and really from the

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Speaker 1: two thousands forward. And I think to your point, Matt,

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Speaker 1: people want something you can drive and it's not annoying

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Speaker 1: or just a heavy lift. You just want to drive

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Speaker 1: and enjoy it, right.

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Speaker 3: And I mean my thing obviously, because I'm you know,

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Speaker 3: six ' four and a big person. I want to

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Speaker 3: be able to fit in the car, and I also

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Speaker 3: want it to be able to absorb a side impact

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Speaker 3: if it happens. Yeah, that's I look at these classics

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Speaker 3: from the sixties and I obviously I want a Mopar

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Speaker 3: from back then, or you know, lead sixties Mustang or

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Speaker 3: a mock Wan or something. But I feel like I

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Speaker 3: would be toast if I got hit in an intersection,

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Speaker 3: and that's why the newer ones draw me to them.

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Speaker 3: The safety aspect is a big one for me as well.

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Speaker 3: But so so the auction basement of the love and

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Speaker 3: what were some of the cool sales other than the Camark?

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Speaker 2: What what else did you see there?

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Speaker 1: Okay, so this was really interesting because I noticed I

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Speaker 1: went to the preview yesterday, and I noticed that a

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Speaker 1: lot of these cars were offered without reserve, which is

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Speaker 1: great for us because it means that stuff's gonna sell.

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Speaker 1: I think in the end they were, you know, eighty

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Speaker 1: two eighty four sell through rate if I if I

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Speaker 1: did my math, generally they're over eighty percent. So so

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Speaker 1: that was good. It was very interesting to see. There

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Speaker 1: was most notably the car that did not sell that

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Speaker 1: I think people thought might was this nine to eleven

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Speaker 1: GT two that is the first GT two and the

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Speaker 1: only naturally aspirated GT two and that car got bit up. Yes,

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Speaker 1: so extremely rare, but that car had over one hundred

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Speaker 1: and thirty thousand miles on it and it had been repainted.

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Speaker 1: So that car got bid up to one point nine

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Speaker 1: million and did not sell, which was really interesting to

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Speaker 1: me because on the yeah, on the one hand, that's

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Speaker 1: a lot of money, and I'm really surprised that that

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Speaker 1: it didn't even meet reserve. But on the other hand, okay,

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Speaker 1: I guess it had been repainted and it had a

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Speaker 1: lot of miles, so that was just a surprise. I

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Speaker 1: don't know if that's really a commentary on the whole

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Speaker 1: market for GT two's I think this is a really interesting,

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Speaker 1: unique case. But that was, Yeah, ninety six nine to

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Speaker 1: eleven g T two, really cool looking car, black black

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Speaker 1: on black, didn't sell. That is that was interesting.

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Speaker 3: I have to say that I've sort of I loved

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Speaker 3: nine to nine threes when they came out, or sort

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Speaker 3: of right after when they came out, was when I

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Speaker 3: was starting to get old enough to buy a car

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Speaker 3: and could afford could afford one, and I think at

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Speaker 3: the time that I was looking the nine nine six

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Speaker 3: was the current generation and people, you know, nobody liked

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Speaker 3: those broken egg headlights, so people were looking at the

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Speaker 3: used market and nine nine threes were already getting more expensive.

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Speaker 3: And then later, of course people would say, oh, it's

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Speaker 3: the last air cooled motor, so everybody was bidding them

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Speaker 3: up like crazy. And I didn't love the way the

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Speaker 3: headlights were so angled on eight headlights.

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Speaker 2: I prefer the nine.

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Speaker 3: Six y four, the kind of frog eye headlights, you know.

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Speaker 3: So I was never that into them. But I saw

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Speaker 3: a picture of this one, I think on Magnus's Instagram

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Speaker 3: and one hundred thirty thousand I think it was kilometers, right,

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Speaker 3: not miles.

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Speaker 2: One hundred and thirty.

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Speaker 1: Yeah, that's probably it's not that high.

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Speaker 3: Mileage, but still for such a for such a high end,

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Speaker 3: you know, supercar at the time, it was definitely a supercar.

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Speaker 3: That's a lot of miles. Somebody was clearly daily driving this.

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Speaker 1: Thing, and which is cool.

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Speaker 2: Yeah, for sure, I love that.

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Speaker 3: And what you guys always say is that, you know,

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Speaker 3: if you drive them more often, you're probably gonna have

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Speaker 3: less problems, fewer problems than you would if it's a

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Speaker 3: garage queen. Right, yes, what what what's the Was it

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Speaker 3: really a GT two or did they. They didn't use

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Speaker 3: that nomenclature, did they.

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Speaker 2: At the time.

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Speaker 1: My understanding is they changed it. This was the one

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Speaker 1: that they made under that nomenclature, and then they completely

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Speaker 1: changed it, so it kind of snuck in and was

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Speaker 1: basically a one of one before they swapped it over

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Speaker 1: to GT three. That's my understanding. So that, yeah, so

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Speaker 1: that makes it very rare. The other one that was

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Speaker 1: really interesting that did sell, while we're on the topic,

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Speaker 1: is this two thousand and four nine to eleven GT two.

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Speaker 1: But it's a club sport and that was listed as

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Speaker 1: at an estimate up to five hundred thousand rows and

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Speaker 1: it sold for about half that, almost three well less

341
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Speaker 1: more than half, but almost three hundred thousand euros. So

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Speaker 1: that one did end up selling for a lot less. Right,

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Speaker 1: it was for a lot less than the high estimate. Again,

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Speaker 1: I don't I don't know what this means other than

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Speaker 1: I think a lot of things worth selling, And it's

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Speaker 1: just interesting to note that the right things will sell,

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Speaker 1: but the right person's got to be in the room,

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Speaker 1: and if there's no one who happens to be in

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Speaker 1: the room who wants, you know, extremely rare GT two,

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Speaker 1: it's not going to sell so fascinating.

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Speaker 2: It really is fascinating.

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Speaker 3: I mean, I can't believe that the nine to nine

353
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Speaker 3: to three uh didn't sell at one point nine million

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Speaker 3: with thirty thousand kilometers on it, and then the two

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Speaker 3: thousand and four Club Sport goes for three hundred and

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Speaker 3: obviously in ten years that's going to be the one

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Speaker 3: that people won't believe did sell for like three point

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Speaker 3: nine million.

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Speaker 2: That's crazy, I know.

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Speaker 1: Yeah, so it kind of makes me think. And I

361
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Speaker 1: did look at some of the you know, the Scottsdale

362
00:20:02,000 --> 00:20:04,800
Speaker 1: auctions were recently like a week and a half ago,

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Speaker 1: and I think they were down a little bit. But

364
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Speaker 1: you know, going into this year, it's still really too

365
00:20:10,560 --> 00:20:13,919
Speaker 1: early to tell what everything is going to shake out to,

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Speaker 1: but it seems like there are deals to be had,

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Speaker 1: but there's no guarantee, and it's worth just looking at

368
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Speaker 1: stuff because who knows, who knows what's going to happen.

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Speaker 1: You know, we've been talking about Jaguars and there was

370
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Speaker 1: an Xjar there that I saw that was listed for

371
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Speaker 1: like fty years and I need to actually check and

372
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Speaker 1: see if it I forgot to check and see if

373
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Speaker 1: it's sold.

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Speaker 2: But it just makes me euros.

375
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Speaker 1: Did I say fifty yuros fifty thousand?

376
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Speaker 3: Okay, because fifty I would bid on that for sure, Oh.

377
00:20:43,040 --> 00:20:45,320
Speaker 1: Yeah, so would I. So I think the estimate was

378
00:20:45,359 --> 00:20:48,040
Speaker 1: fifty thousand. I'm just now seeing I'm looking at results.

379
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Speaker 1: It went for forty thousand euros, you know, for an

380
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Speaker 1: next jar. I think that's probably market value. It's the XJRS.

381
00:20:54,680 --> 00:20:59,119
Speaker 1: But again, I don't know there's stuff to be had,

382
00:20:59,440 --> 00:21:03,080
Speaker 1: but your earlier point, it seems like the modern collectible,

383
00:21:03,160 --> 00:21:07,199
Speaker 1: modern classic young timer type stuff is really going to

384
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Speaker 1: be strong and popular.

385
00:21:09,680 --> 00:21:11,880
Speaker 2: Yeah, for sure. I mean I was recently looking at

386
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Speaker 2: xjrs because I know you mentioned that.

387
00:21:15,480 --> 00:21:19,600
Speaker 3: Yeah, because not only are they I think, you know,

388
00:21:19,640 --> 00:21:24,879
Speaker 3: they're so classy looking and you can probably fit a

389
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Speaker 3: couple of car seats in the back, which is very

390
00:21:26,760 --> 00:21:30,600
Speaker 3: important to me right now. But they seem like pretty solid.

391
00:21:30,960 --> 00:21:34,360
Speaker 3: I mean, the XJR has the the four liter V eight,

392
00:21:34,600 --> 00:21:37,880
Speaker 3: which is apparently the perfect size, right if you want

393
00:21:37,920 --> 00:21:42,440
Speaker 3: a perfect engine. I guess five hundred ccs per cylinder

394
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Speaker 3: is what they've arrived at now.

395
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Speaker 2: But the S is a V twelve.

396
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Speaker 1: Fancy, yeah, very fancy.

397
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Speaker 3: And I'm loving the look of those especially with the

398
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Speaker 3: flying buttresses in the back. By the way, I looked

399
00:21:55,520 --> 00:21:58,760
Speaker 3: up the Ferrari and that you mentioned the auctions, This

400
00:21:59,040 --> 00:22:03,639
Speaker 3: Scottsdale auctions and that's where the Ferrari ff sould. It

401
00:22:03,680 --> 00:22:07,879
Speaker 3: was three hundred and twenty four thousand dollars.

402
00:22:08,280 --> 00:22:11,200
Speaker 1: What that's insane, that's crazy.

403
00:22:11,760 --> 00:22:14,480
Speaker 3: Well, you said this is going to be one of

404
00:22:14,520 --> 00:22:17,040
Speaker 3: those cars, and I think Hagardy also had it listed

405
00:22:17,080 --> 00:22:19,520
Speaker 3: as one of those cars that was poised to take off,

406
00:22:20,000 --> 00:22:28,480
Speaker 3: And it looks like maybe it's happening already. I want

407
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Speaker 3: to just talk about Paris itself for a second.

408
00:22:31,400 --> 00:22:33,479
Speaker 2: Yes, what a lovely city.

409
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Speaker 3: And you have lived in New York and you now

410
00:22:36,160 --> 00:22:39,600
Speaker 3: live in Los Angeles and now you're in Paris, So

411
00:22:39,880 --> 00:22:42,360
Speaker 3: tell me about, you know, just being there. What kind

412
00:22:42,400 --> 00:22:44,600
Speaker 3: of cars are you seeing, what kind of people are

413
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Speaker 3: you meeting?

414
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Speaker 2: What are you doing?

415
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Speaker 1: I love Paris so much. I love it because the

416
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Speaker 1: French have a certain amount of dignity and strong appreciation

417
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Speaker 1: for beauty. It feels like the French love beauty for

418
00:22:57,800 --> 00:23:01,240
Speaker 1: beauty's sake and they value it, and I really love that.

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Speaker 1: So I'm here a half four retromobile. But then also

420
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Speaker 1: I'm trying to take a few days off and burn

421
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Speaker 1: vacation days while I can at the start of the year.

422
00:23:10,880 --> 00:23:13,040
Speaker 1: We'll see how that goes. But you know, I've gone

423
00:23:13,040 --> 00:23:17,159
Speaker 1: to the Rothko exhibit out at the Louis Bhutan Foundation,

424
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Speaker 1: which is really excellent. I really recommend it. They've got

425
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Speaker 1: I didn't actually realize that Rothko had tried to do

426
00:23:24,160 --> 00:23:28,199
Speaker 1: figure painting early in his career, which I had no idea,

427
00:23:28,240 --> 00:23:30,600
Speaker 1: and it's not great and that's why he gave it up.

428
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Speaker 1: They also had his only self portrait that he ever produced,

429
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Speaker 1: so that was really great to see. I fill a

430
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Speaker 1: connection with Rothkoe because I'm from Oregon originally and he

431
00:23:42,040 --> 00:23:45,679
Speaker 1: of course immigrated to Portland, so I like that about him,

432
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Speaker 1: among other things. But that was great. You know, of

433
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Speaker 1: course there are dinners and that sort of thing. I'm

434
00:23:50,560 --> 00:23:52,560
Speaker 1: going to go to Maxims on Saturday, you know that

435
00:23:52,720 --> 00:23:56,000
Speaker 1: old there's I know, I'm very excited about that. Apparently

436
00:23:56,040 --> 00:24:01,800
Speaker 1: it's yes, yes, so that'll be great. Oh, speaking of

437
00:24:01,840 --> 00:24:05,720
Speaker 1: flying buttresses, I walk past Notre Dame and they are

438
00:24:05,800 --> 00:24:08,640
Speaker 1: it's heavily under construction, but they are saying that by

439
00:24:08,680 --> 00:24:13,000
Speaker 1: twenty twenty five, all the repairs from that fire that

440
00:24:13,080 --> 00:24:15,720
Speaker 1: took it down will be done, so I guess not

441
00:24:15,880 --> 00:24:18,600
Speaker 1: in time for the Olympics this summer, but by next

442
00:24:18,720 --> 00:24:22,400
Speaker 1: year all of the repairs from that terrible fire will

443
00:24:22,440 --> 00:24:23,560
Speaker 1: be done. So that's exciting.

444
00:24:23,840 --> 00:24:27,159
Speaker 3: Where I always find Pairs interesting because they have so

445
00:24:27,200 --> 00:24:31,680
Speaker 3: many cool boutique hotels that really are fun and are

446
00:24:31,760 --> 00:24:32,720
Speaker 3: actually affordable.

447
00:24:33,200 --> 00:24:36,280
Speaker 1: Yes, I have to say I love a brand hotel

448
00:24:36,600 --> 00:24:39,440
Speaker 1: when I'm not paying for it, but when I am

449
00:24:39,480 --> 00:24:41,520
Speaker 1: paying for it, it's really lovely to stay in a

450
00:24:41,560 --> 00:24:45,120
Speaker 1: boutique hotel. And I'm staying at Hotel Amoor, which if

451
00:24:45,119 --> 00:24:48,000
Speaker 1: you know Andre Sariva, the graffiti artist who does those

452
00:24:48,240 --> 00:24:52,520
Speaker 1: stick figure graffiti guys, it's his hotel. It's in the Pigal,

453
00:24:53,000 --> 00:24:56,359
Speaker 1: very close to Mulin Rouge. It's such a lovely Someone

454
00:24:56,400 --> 00:25:00,680
Speaker 1: described it as a bohemian hotel, but it is really lovely.

455
00:25:01,240 --> 00:25:05,840
Speaker 1: I'm in this sort of loft room with black mirrored walls,

456
00:25:05,880 --> 00:25:09,199
Speaker 1: and it's a loft with skylights from the ceiling and

457
00:25:09,560 --> 00:25:12,920
Speaker 1: sort of this eaves climb blue on a couple walls,

458
00:25:13,040 --> 00:25:16,880
Speaker 1: so it feels very Parisian and it's really affordable. They're

459
00:25:17,000 --> 00:25:20,880
Speaker 1: very friendly. I've stayed here many times, so I'm really

460
00:25:20,960 --> 00:25:24,760
Speaker 1: liking it. It feels comfortable and charming and very French,

461
00:25:25,040 --> 00:25:25,680
Speaker 1: which we love.

462
00:25:26,160 --> 00:25:26,680
Speaker 2: Very cool.

463
00:25:26,760 --> 00:25:29,760
Speaker 3: It makes me nostalgic. Yeah, Paris, I would love to

464
00:25:30,240 --> 00:25:33,639
Speaker 3: be there. I'm stuck in the suburbs here, you know it.

465
00:25:33,840 --> 00:25:36,960
Speaker 3: Just had my second kid, so I'm in full dad

466
00:25:37,040 --> 00:25:42,399
Speaker 3: mode and I'm looking for a family vehicle right now

467
00:25:42,760 --> 00:25:46,120
Speaker 3: that isn't a mini van. And I've got a few constraints,

468
00:25:46,119 --> 00:25:48,040
Speaker 3: so my wife has said I'm not allowed to spend

469
00:25:48,600 --> 00:25:50,120
Speaker 3: more than fifty thousand dollars.

470
00:25:50,480 --> 00:25:52,359
Speaker 2: I feel like I could push you a little.

471
00:25:52,080 --> 00:25:55,399
Speaker 3: Bit, but I don't want, you know, like, for example,

472
00:25:55,400 --> 00:25:57,760
Speaker 3: to tell your ride is a great vehicle, but it's

473
00:25:57,800 --> 00:26:00,720
Speaker 3: a naturally aspirated V six and it's just like such

474
00:26:00,720 --> 00:26:04,240
Speaker 3: a boring motor, and so many of them are, so

475
00:26:04,280 --> 00:26:06,640
Speaker 3: i want something a little bit more special. And I've

476
00:26:06,680 --> 00:26:08,760
Speaker 3: also got to be able to fit two rear facing

477
00:26:08,800 --> 00:26:14,159
Speaker 3: car seats, which is a huge constraint. I've narrowed it

478
00:26:14,240 --> 00:26:19,800
Speaker 3: down essentially to twenty twenty Mercedes GLS four fifty. They're

479
00:26:19,840 --> 00:26:22,879
Speaker 3: gigantic and frankly they might as well be minivans, but

480
00:26:23,000 --> 00:26:26,120
Speaker 3: they have a really cool inline six that's supposedly very

481
00:26:26,160 --> 00:26:28,440
Speaker 3: smooth and I haven't test driven one yet, right two

482
00:26:29,280 --> 00:26:34,000
Speaker 3: or twenty nineteen brace yourself range rover, long wheelbase.

483
00:26:35,040 --> 00:26:35,920
Speaker 1: Oh that's cool.

484
00:26:36,200 --> 00:26:38,679
Speaker 3: It's it's got a ton of room for rear facing

485
00:26:38,720 --> 00:26:42,720
Speaker 3: car seats, and it's got the supercharged five liters V eight.

486
00:26:42,760 --> 00:26:45,840
Speaker 3: I wouldn't go for the V six, but you know,

487
00:26:45,880 --> 00:26:48,240
Speaker 3: there are problems with reliability, Like even if I get

488
00:26:48,280 --> 00:26:50,679
Speaker 3: one for fifty grand, I'm gonna am I Am I

489
00:26:50,720 --> 00:26:53,160
Speaker 3: going to be facing like ten or twenty thousand dollars

490
00:26:53,160 --> 00:26:54,320
Speaker 3: repair bills every year.

491
00:26:54,400 --> 00:26:55,439
Speaker 2: That's my concern.

492
00:26:55,600 --> 00:26:59,120
Speaker 3: So I wonder what your take is on those two vehicles,

493
00:26:59,280 --> 00:27:01,080
Speaker 3: or if you can think of anything else that might

494
00:27:01,440 --> 00:27:02,320
Speaker 3: be in the range.

495
00:27:02,600 --> 00:27:08,160
Speaker 1: Okay, well, obviously Mercedes seems like a solid but yes, great,

496
00:27:08,200 --> 00:27:11,520
Speaker 1: I don't I don't know if that you said GLS right.

497
00:27:11,520 --> 00:27:13,680
Speaker 2: The GLS. It's just the big hot Yeah.

498
00:27:13,520 --> 00:27:15,760
Speaker 1: Yeah, yeah, it's the big one. I mean, do you

499
00:27:15,920 --> 00:27:16,760
Speaker 1: like how that looks?

500
00:27:17,119 --> 00:27:19,479
Speaker 3: I don't hate how it looks. Like I said, it

501
00:27:19,560 --> 00:27:22,640
Speaker 3: almost might as well be a minivan. Everyone talks about

502
00:27:22,680 --> 00:27:25,560
Speaker 3: it as a bus. But the thing is, my problem

503
00:27:25,680 --> 00:27:28,280
Speaker 3: is in the We have an XC nine D right now,

504
00:27:28,600 --> 00:27:31,800
Speaker 3: and I just got out of an SQ seven out

505
00:27:31,800 --> 00:27:32,520
Speaker 3: of SQ seven.

506
00:27:32,560 --> 00:27:33,600
Speaker 2: I was test driving for a.

507
00:27:33,560 --> 00:27:37,919
Speaker 3: Week, which I absolutely loved, and with the rear facing

508
00:27:37,960 --> 00:27:40,760
Speaker 3: car seat. And my wife has chosen the biggest ones

509
00:27:40,840 --> 00:27:43,720
Speaker 3: possible because she wants our kids to be so safe.

510
00:27:43,760 --> 00:27:44,560
Speaker 2: I don't know how.

511
00:27:44,400 --> 00:27:46,800
Speaker 1: Necessary that it means that.

512
00:27:46,760 --> 00:27:50,800
Speaker 3: I have to push my seat forward or the passenger

513
00:27:50,880 --> 00:27:52,919
Speaker 3: and now we have two kids, so both seats are

514
00:27:52,960 --> 00:27:55,320
Speaker 3: going to be forward, and I just don't drive very

515
00:27:55,359 --> 00:27:56,200
Speaker 3: well in that position.

516
00:27:56,320 --> 00:27:59,040
Speaker 2: I need a lot of space. You know, I'm American

517
00:27:59,200 --> 00:28:00,320
Speaker 2: and huge, so.

518
00:28:01,240 --> 00:28:04,560
Speaker 3: There are very few cars that fit those rear facing

519
00:28:04,600 --> 00:28:05,200
Speaker 3: car seats.

520
00:28:05,400 --> 00:28:05,600
Speaker 1: You know.

521
00:28:05,760 --> 00:28:08,960
Speaker 3: I was trying to get the BMW M seven sixty

522
00:28:09,600 --> 00:28:15,480
Speaker 3: and frankly a seven series, a Mercedes S Class or

523
00:28:15,520 --> 00:28:18,960
Speaker 3: an Audi A eight. All of those, especially the long version,

524
00:28:18,960 --> 00:28:21,760
Speaker 3: would fit the bill. But my wife refuses to get

525
00:28:21,760 --> 00:28:25,960
Speaker 3: a sedan. So I've I've been pushed into the suv territory.

526
00:28:26,359 --> 00:28:29,359
Speaker 1: I understand, what have you looked at any Cadillacs.

527
00:28:29,560 --> 00:28:35,040
Speaker 3: So the thing about the Cadillac Escalade, even the GMC

528
00:28:35,160 --> 00:28:39,640
Speaker 3: Yukon and even the Chevy Tahoe, the most recent generations

529
00:28:39,640 --> 00:28:42,040
Speaker 3: of these, if you look at them with say fifty

530
00:28:42,120 --> 00:28:47,480
Speaker 3: thousand miles, sixty thousand miles or less. They cost more

531
00:28:48,080 --> 00:28:50,000
Speaker 3: than the range Rover or the Mercedes.

532
00:28:50,240 --> 00:28:51,000
Speaker 1: Serious that I'm.

533
00:28:50,840 --> 00:28:51,360
Speaker 2: Comparing them to.

534
00:28:51,520 --> 00:28:53,280
Speaker 3: Yeah, I mean, part of the problem is that the

535
00:28:53,320 --> 00:28:56,040
Speaker 3: moasing generation of those was I think twenty twenty one,

536
00:28:56,640 --> 00:29:00,560
Speaker 3: so they're newer vehicles. But I I think the other

537
00:29:00,600 --> 00:29:02,960
Speaker 3: part of the problem is that, you know, here in America,

538
00:29:03,040 --> 00:29:06,800
Speaker 3: those are highly valued vehicles. So you know, I looked

539
00:29:06,800 --> 00:29:09,800
Speaker 3: at for example, I was looking at a suburban. I

540
00:29:09,840 --> 00:29:13,120
Speaker 3: wanted the diesel motor or even.

541
00:29:12,960 --> 00:29:14,320
Speaker 2: Those are more expensive.

542
00:29:14,640 --> 00:29:18,760
Speaker 3: So I'm kind of limited to these two vehicles as

543
00:29:18,760 --> 00:29:20,240
Speaker 3: far as I can tell. And this is where, by

544
00:29:20,280 --> 00:29:23,200
Speaker 3: the way, our email is really helpful. If any listeners

545
00:29:24,040 --> 00:29:27,160
Speaker 3: can think of something, please shoot us a message, because

546
00:29:27,200 --> 00:29:29,600
Speaker 3: I have about a month before I've got to make

547
00:29:29,640 --> 00:29:30,600
Speaker 3: this purchase.

548
00:29:30,440 --> 00:29:34,200
Speaker 1: And it's hot pursuit. Hot pursuit at Bloomberg, got net

549
00:29:34,520 --> 00:29:35,400
Speaker 1: at Bloomberg, got nets.

550
00:29:36,560 --> 00:29:40,560
Speaker 3: Those big, you know, body on frame trucks would be awesome,

551
00:29:40,760 --> 00:29:42,560
Speaker 3: and I've actually gotten permission.

552
00:29:42,680 --> 00:29:45,280
Speaker 2: My wife said, oh, I like to look at that Tahoe, you.

553
00:29:45,240 --> 00:29:49,240
Speaker 3: Know, but they're frankly more expensive than a slightly older

554
00:29:49,360 --> 00:29:51,560
Speaker 3: used Mercedes or range Rover.

555
00:29:52,040 --> 00:29:55,240
Speaker 1: How about the Jeep Grand Cherokee they make a V

556
00:29:55,320 --> 00:29:55,800
Speaker 1: eight right.

557
00:29:56,200 --> 00:30:00,680
Speaker 3: In fact, I love the Jeep Grand Cherokee L long version.

558
00:30:00,840 --> 00:30:03,200
Speaker 3: I think it's the first time they've made those. Would

559
00:30:03,400 --> 00:30:07,479
Speaker 3: powerz fit just barely these giant rear facing car seats,

560
00:30:07,520 --> 00:30:10,120
Speaker 3: and they have the five point seven liter HEMI I'm

561
00:30:10,160 --> 00:30:12,640
Speaker 3: a huge fan. You know, I got a six point

562
00:30:12,680 --> 00:30:15,600
Speaker 3: four Leader Hemy in my Challenger, but my wife has

563
00:30:15,640 --> 00:30:18,520
Speaker 3: ruled that out. She just doesn't like a Jeep brand.

564
00:30:19,120 --> 00:30:23,120
Speaker 1: Oh interesting, I mean that's like such an iconic brand. Interesting.

565
00:30:23,560 --> 00:30:26,000
Speaker 3: And also I think it's a beautiful redesign of the

566
00:30:26,000 --> 00:30:29,760
Speaker 3: Grand Cherokee. I love the the new grill.

567
00:30:30,880 --> 00:30:35,320
Speaker 2: It's kind of angled in like the like the Jeeps

568
00:30:35,320 --> 00:30:35,720
Speaker 2: of old.

569
00:30:35,880 --> 00:30:40,760
Speaker 3: And the technology inside is amazing, Like they have interior

570
00:30:41,960 --> 00:30:44,920
Speaker 3: cameras so you can look at the kids on the

571
00:30:44,960 --> 00:30:49,280
Speaker 3: front screen, and they've got the Macintosh stereo system, which

572
00:30:49,880 --> 00:30:53,240
Speaker 3: I think sounds pretty good. But yeah, no, I've those

573
00:30:53,280 --> 00:30:54,160
Speaker 3: have been ruled out.

574
00:30:54,360 --> 00:30:57,360
Speaker 1: Okay, let me just this is my last and final suggestion.

575
00:30:57,560 --> 00:30:59,640
Speaker 1: And I know it's gonna probably be a bit of

576
00:30:59,640 --> 00:31:02,200
Speaker 1: a pain point, but does the g Wagon not have

577
00:31:02,360 --> 00:31:03,200
Speaker 1: enough room in the back?

578
00:31:03,920 --> 00:31:05,080
Speaker 2: So we had the g Wagon.

579
00:31:05,200 --> 00:31:08,640
Speaker 1: I know, I know you liked it, you love it right.

580
00:31:08,880 --> 00:31:11,600
Speaker 3: We both love it, and especially you know, my wife

581
00:31:11,680 --> 00:31:15,080
Speaker 3: loved it dearly, which I was kind of surprised by.

582
00:31:15,080 --> 00:31:18,040
Speaker 3: It's interesting that she doesn't like the Jeep brand because

583
00:31:18,040 --> 00:31:20,959
Speaker 3: she some of my favorite or her favorite cars that

584
00:31:21,000 --> 00:31:24,840
Speaker 3: I have had. She loved the Raptor and she loved

585
00:31:24,880 --> 00:31:29,320
Speaker 3: the g Wagon. But the g Wagon is I don't

586
00:31:29,360 --> 00:31:31,600
Speaker 3: know how I was able to afford it five years ago,

587
00:31:31,680 --> 00:31:36,080
Speaker 3: but it's now. It's so expensive even used, it's ridiculous.

588
00:31:36,280 --> 00:31:39,960
Speaker 3: And it's a little too tight still for a rear

589
00:31:39,960 --> 00:31:41,880
Speaker 3: facing car seat. We were able to make it work

590
00:31:41,920 --> 00:31:44,880
Speaker 3: with the infant car seat, but once they get to

591
00:31:44,880 --> 00:31:49,240
Speaker 3: toddler size, it's just small. So I'm I think these

592
00:31:49,240 --> 00:31:52,800
Speaker 3: are my only two choices, the older long wheelbase range Rover.

593
00:31:53,000 --> 00:31:56,760
Speaker 3: And I'm terribly concerned about the reliability. Yeah, that's a

594
00:31:57,600 --> 00:32:01,480
Speaker 3: valid it's valid, right, Is it still valid with the with.

595
00:32:01,480 --> 00:32:02,560
Speaker 2: The L four five?

596
00:32:02,600 --> 00:32:06,040
Speaker 3: Because I know the I think so the previous version

597
00:32:06,160 --> 00:32:10,480
Speaker 3: was was bad, and I just yeah, they're just so

598
00:32:10,560 --> 00:32:12,800
Speaker 3: expensive to fix. And then I wonder is the Mercedes

599
00:32:12,840 --> 00:32:13,640
Speaker 3: going to be any better?

600
00:32:14,280 --> 00:32:17,320
Speaker 1: Mercedes has to be better. All I know is anecdotal

601
00:32:17,320 --> 00:32:19,480
Speaker 1: evidence evidence just off the top of my head. But

602
00:32:19,560 --> 00:32:22,680
Speaker 1: I hear people complaining about their land Rovers, often in

603
00:32:22,680 --> 00:32:25,880
Speaker 1: in whatever form, and I just don't have this. I don't.

604
00:32:25,960 --> 00:32:29,280
Speaker 1: I don't ever hear people bringing their Mercedes in for

605
00:32:29,640 --> 00:32:33,400
Speaker 1: like stupid little repairs. That's anecdotal, but yeah, I know.

606
00:32:33,560 --> 00:32:36,160
Speaker 3: I just feel like they have the air suspension too,

607
00:32:36,240 --> 00:32:38,080
Speaker 3: and that seems to be one of the most expensive

608
00:32:38,080 --> 00:32:39,480
Speaker 3: things to fix or one of the things.

609
00:32:39,360 --> 00:32:40,480
Speaker 2: That goes wrong all the time.

610
00:32:41,120 --> 00:32:44,280
Speaker 3: I guess I'll have to be test driving these two

611
00:32:44,320 --> 00:32:50,080
Speaker 3: and possibly invest in aftermarket extended warranty. But that's where

612
00:32:50,080 --> 00:32:52,840
Speaker 3: I am, and say, anyone can think of something something better.

613
00:32:55,040 --> 00:32:55,280
Speaker 2: Cool.

614
00:32:55,320 --> 00:32:58,280
Speaker 3: I guess that's all we have time for this week. Again,

615
00:32:58,400 --> 00:33:02,400
Speaker 3: please shoot us an email Hot Pursuit at Bloomberg dot net,

616
00:33:02,920 --> 00:33:05,440
Speaker 3: and obviously we will be back, same time, same place

617
00:33:05,520 --> 00:33:05,920
Speaker 3: next week.

618
00:33:06,040 --> 00:33:06,600
Speaker 2: I will be.

619
00:33:06,600 --> 00:33:11,880
Speaker 3: Driving next week the Ford F two fifty Tremor for

620
00:33:11,960 --> 00:33:14,880
Speaker 3: the six point seven liter powerstroke es are.

621
00:33:15,520 --> 00:33:19,520
Speaker 1: This is gonna be here we go. I already know

622
00:33:19,560 --> 00:33:21,000
Speaker 1: I'm gonna getting texts about this.

623
00:33:21,680 --> 00:33:22,080
Speaker 2: All right.

624
00:33:22,200 --> 00:33:25,160
Speaker 1: I'm Matt Briller, and I'm Hanna Elliott, and this is

625
00:33:25,200 --> 00:33:25,680
Speaker 1: Bloomberg