January kicked off collector-car auction season with a big bang and big dollars. Following Mecum’s $275M haul in Kissimmee, Florida mid-month, the traditional Arizona auctions added about $245M more to the tally, with $200M of that from Barrett-Jackson’s no-reserve sale in Scottsdale. Bonhams, though, had the highest-priced auction sale in Arizona, with $5.175M buying a Bugatti Chiron Super Sport 300+ (as in 300+ mph test-track capability) for a car with just Bugatti’s test and delivery miles.
Just 10 supercar connoisseurs were able to buy a McLaren 570 MSO-X, a special track-oriented model, in 2018. Each was decked out in livery inspired by McLaren F1 GTR racecars, and each is unique. At Barrett-Jackson’s Scottsdale auction in January, the #8 MSO-X will go to a new owner thanks to this auction company’s all no-reserve policy. McLaren built these cars as dual-purpose road and track machines, ready pile on the miles in either setting.
While EVs may grab headlines with their acceleration performance, the latest gas/electric hybrid supercars throw down the gauntlet with some track-burning speed and excitement. The early tests of the Ferrari 296 GTB and Lamborghini Revuelto show that, with a little help from electrons, cars with roaring engines can still melt the asphalt … and blow their drivers’ minds. Though far apart from each other in price, the Ferrari and Lambo make the same emphatic point about the still-thrilling potential available from cars with pistons and pipes.
Get geared up to bid at Gooding’s “Geared Online” stellar line-up of dream cars at its 2022 Scottsdale Auction. Premier’s professionals have selected some of their favorites, include two classic Porsches and a rare 1962 VW Transporter (a/k/a “microbus”) with 23 windows. Contact us to pre-qualify to finance any Gooding’s 54 motorcars.
Before you pay cash, borrow or lease to acquire your next dream car, you need to invest 11 minutes and 59 seconds to hear real estate superstar, serious car enthusiast, and YouTuber Brad Pearson share his (unsolicited) story on how and why he worked with Premier to finance his 2005 Lamborghini Gallardo.
We’ve learned a few things over the past 20 years about how to buy exotic, vintage and luxury cars, whether they’re new or previously owned. So we’ve created a 5-part series to pass that information along to serious car enthusiasts like you.
LaFerrari was Ferrari’s first hybrid, and sold for $1.4 million in 2013. Today, these beautiful cars sells for $3 million at auctions. And it’s not “Ferrari LaFerrari,” just LaFerrari.
Learn firsthand how and why Premier Financial Services exists, in this CarsYeah podcast interview with Mitch Katz, the firm’s founder and CEO, who started the company over 20 years ago.
This interview of Mitch Katz by VinWiki founder Ed Bolian provides a detailed perspective on how PFS makes leasing decisions and how collectors use leasing to build their collections & profits. It’s a “must view” if you’re thinking of leasing for the first time.
