Unlike many investments, classic cars continue to appreciate in value. The bad news is that tax rates might diminish or eliminate the benefit of selling any of your current collection. However, vintage, classic, exotic cars which are owned* as investments or for use in a trade or business are eligible for tax deferral through a 1031 exchange. Learn more here.
Premier Financial Services hopes to see you and your car at the over 50 events and venues for the Monterey Auto Week 2014. In attendance will be Premier’s CEO Mitch Katz, Vice President of Sales Doug Ewing, Southwest Sales Manager Michelle Yancey, and West Coast Sales Manager Juan Garcia. Following are a few of the week’s featured events.
A great way to spend Saturday morning would be to attend the 13th annual Sports Car Market Monterey Insider’s Seminar. The event will take place at the Gooding & Company Auction Pavilion at Pebble Beach at 9 a.m. The theme for this year’s seminar is “A Value Driven Road Map of the Market.” Industry experts will share their opinion on the market today and future expectations for the coming year.
When the unmistakable design and engineering expertise of Porsche come together with state-of-the-art hybrid technology, you know it’s going to be something special. The Porsche 918 represents the German car company’s first race car designed entry into the hybrid market and they’ve done it in style.
One of the east coasts’ finest motorcar events celebrates its 13th year running with great classic cars, yachts and motorcycles. The Greenwich Concours d’Elegance is unique, in that it is actually two concours, back-to-back. Saturday’s Concours Americana is exclusively for American makes, while Sunday’s Concours International is exclusively for imported marques.