Should Auto Makers Remake Classics?

Posted by Steve White on Jun 25, 2015

As classic car collectors, we know that the cars in our collections are unique. They are classic for a reason! What happens when an automaker decides to remake one of your favorite classics?

An article on Autos Cheat Sheet talks about some of these…. failed attempts. You shouldn’t mess with a classic, and the author of the article gives his top six classic cars that should have never been remade. Read on and see if you agree.

1. 2002- 2005 Ford Thunderbird: Who can forget the ’55-’57 Thunderbird roadster, an icon of American design and one of the most gorgeous classics? Ford turned the Thunderbird into a four seat coupe from ’58 through ’97, but attempted a retro reboot of the roadster in 2002. However, with a high price-tag and slow performance, only die hard Ford fans bought into this one.

2. 2003-2006 Chevrolet SSR: Chevy attempted to modernize their Advance Design truck from the 40’s and 50’s with this retro… car. Oddly designed and super expensive, this did have the same power as the C6 Corvette, but, not the same following.

3. 2004-2006 Pontiac GTO: This car makes the list because it wasn’t retro enough. With a high price tag, buyers didn’t want a boring car, in spite of the power that came with it.

For the complete list, see the article on Autos Cheat Sheet. For more on classic cars, come visit our website today!

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Restoring Classic Cars is His Passion

Posted by Steve White on Jun 18, 2015

When you find something you’re really passionate about doing, it shows. Everyone can tell, not only that you’re good at what you do, but that you love to do it. And when your passion is restoring classic cars, then some are going to call you an artist.

This is what Glenn Wengerd, of Winesburg, Ohio had once been called by a wealthy collector. Working with an older man in the restoration business during high school, Glenn saw something that most would call junk turned into something beautiful. That was when he realized his passion. He has restored over 100 cars and trucks, including ones that Clark Gable and Tyrone Power had owned in the past, and had his work exhibited in museums and auto shows.

His passion for restoration has led him to restore other things. He’s restored bicycles, stoves, tractors, toys and even his house, built in 1897. He worked with the historical society to restore an 1837 log cabin and an 1876 one-room schoolhouse, both of which are now a source of pride in Winesburg. Active in the small Amish community transporting children to and from school, Glenn always has a couple people at his workshop watching or wanting to help him restore his latest project.

There may be nothing that Glenn can’t fix. At least that’s what some of his friends believe.

For more information on classic cars, visit our website today!

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What Makes Your List of Most Striking Classic Cars?

Posted by Steve White on Jun 11, 2015

When talking about classic cars, everyone has their own opinion of what qualifies as the “best” car, whether it’s esthetics, performance or a combination of both with a little of this and that thrown in there, too. It will be a topic of conversation among collectors as long as people collect them.

An article on Fox News has put together a list of what they think are the five most striking classic cars. Check out what they have listed and see what you think.

1. 1935-36 Cord 810/812: Front wheel drive with an optional supercharger, the Cord was short lived because it was produced during the Great Depression era, a time with 25% unemployment.

2. 1961-67 Jaguar E-Type: Just $5600 in 1961, the E-Type reportedly made Enzo Ferrari weep and claim it was the most beautiful car he’d ever seen.

3. 1966-1967 Oldsmobile Tornado: Taking many styling cues from the Cord, the Tornado had hidden headlamps, front wheel drive, and wheel and grille designs.

4. 1974-1989 Lamborghini Countach: With desinger Macello Gandini, Lamborgini created the Countach exactly ten years after the E-Type, gaining the attention of… well, everyone.

5. 1963 Chevrolet Corvette Sting Ray Coupe: Hidden headlamps and alloy wheels come optional, but the split rear window made this car a standout, which was only made and sold for one year.

Do you agree with their list? What’s on your list of most striking cars?

For more classic cars news and information, visit our website.

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Tips for Storing Your Classic Car

Posted by Steve White on Jun 04, 2015

Having and investing in a classic car is more than just putting money into it. There’s a lot of work to care for that car, to keep it looking clean and nice. There are often times you have to store it, perhaps for vacation, for the winter, or just to help preserve it. Whether you need to store your car for three months, a year or indefinitely, you should know how best to take care of your car while it’s not in use.

An article on Hagerty.com has an extensive list for three different stages of storing your vehicle. While each list is detailed, we have included a few points for each stage right here.

1. Stage I (up to three months): Top off the gas tank, put air in the tires, change the oil and filter, cover the car

2. Stage II (as long as a year): Applicable Stage I tips, plus: clean and detail, disconnect the battery, apply a fresh coat      of wax

3. Stage III (indefinitely): Applicable Stage I and II tips, plus: remove the battery, deflate the tires and cover them,          remove the spark plugs

No matter what stage, make a record of what’s been done and place that on the dash of the vehicle so the car can be restored back to operating condition. Be sure to read the complete lists in the article!

For more classic car tips, visit our website today!

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Classic and Vintage Cars: A Class All Their Own

Posted by Steve White on May 28, 2015

Whatever type of classic car you have, three things are probably true: You’ve invested time, money and resources into it. You’ve either bought or made the car the way you want it to be. Whether it’s the first or the tenth, it is part of your collection. Just like any other collection, it is worth something. This is starting to be more widely recognized.

Live Trading News reports that classic and vintage cars are increasingly being seen as stand alone assets. Classic cars have beaten other collectibles over the past several years, according to The Knight Frank Luxury Investment Index, making them a viable investment asset class. This focus is on the investment more than the collection, with those seeking financial gain as the primary goal. Not to say don’t buy the cars and drive them, but rather, buy them, drive them, and invest in them.

A graph in the article shows the percentage of a return on a classic or vintage car over one, five and ten years and compares it with other collectibles. After one year, a car has the potential for a 25% return. After five years, there is the potential for a 111% return on the car. After ten years, there could potentially be a 469% return on the invested car. Don’t just do it for the money, though!

For more information on your favorite classic cars, visit our website today!

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