When citing mid-engine heritage, Porsche tends to skip over its 914, of which 119,000 were built from 1969-1976. That oversight might seem understandable, considering that Porschephiles had themselves long snubbed the 914. Today, though, they’ve widely accepted the 914, and collector interest is rising.
This weekend, a cavalcade of over 150 pre-1974 classic cars will assemble in Beverly Hills to be judged on their originality, beauty, and historical import. Held at the private estate of the eponymous Greystone Mansion, the Concours d’Elegance boasts entrants from all around the world, with equally diverse vehicles from marques as exotic as their coachwork.
Located at the La Torretta Resort on Lake Conroe, the Texas Concours d’Elegance subscribes to the ideal of showcasing the world’s finest examples of automotive art and engineering. Besides over 200 classic automobiles lining the manicured fairway, the concours weekend promises picturesque scenery and fine dining featuring Texas hospitality.
When customers love a particular car model, what else is a carmaker to do but keep building it, and building it, and building it? The formula worked well on the low end with the original Volkswagen Beetle. At the zenith of automotive luxury, meanwhile, Rolls-Royce perfected the tactic with the original Corniche.
Usually, we hold our Texas event in November, when it’s still warm and sunny but there’s not much going on in the rest of the U.S. vintage car world. This year, knowing that the famous Hill Country spring wild flowers would be especially brilliant thanks to El Nino winter rains, we scheduled our Texas Bluebonnets for April 3 through April 8.
The Scottsdale and Amelia auctions have piqued your interest in adding to your car collection, but what if you need to sell one of your current cars to make the new acquisition possible? Vintage, classic, and exotic cars which are owned as investments or for use in a trade or business are eligible for tax deferral through a 1031 exchange.