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Beverly Hills Car Club Founder Alex Manos on Classic Cars

Beverly Hills Car Club Founder Alex Manos on Classic Cars

Bloomberg Hot Pursuit! Mar 27, 2026 67 min
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About this episode

Alex Manos, founder of Beverly Hills Car Club, breaks down why classic cars create real emotion—and how his operation sources, inspects, and sells hundreds of them. The chat ranges from his own “triple black” Lincoln Continental story to celebrity buying habits, transparency on condition, and the logistics of moving 650 cars with a 60-person team. They also debate whether elite riders can overcome weaker bikes in MotoGP, rant about EV “V” badges, and discuss how online sales and tariffs are pushing more buyers toward older, analog experiences.

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Company

Beverly Hills Car Club

"Coming up on today's podcast, we have the one-the-only Alex Manos from Beverly Hills Car Club with us. He shares all of his secrets. Like, I care a lot about the Beverly Hills Car Club."

The Beverly Hills Car Club is referenced as the organization Alex Manos is associated with, and it’s framed as a hub for notable car collecting and buying. For listeners, this sets expectations that the episode will cover how classic-car deals and relationships work in the collector world.

Concept

MotoGP

"I'm going to the MotoGP at the circuit of the Americas. ... Ducatis were dominant for the last few years of MotoGP, like the last four years of MotoGP."

MotoGP is the highest level of motorcycle racing. It’s where big bike brands compete, and the winners help show which bikes are fastest that season.

Brand

Ducati

"And it's, I think, a really important weekend for me as a Ducati fan, especially as a Marc Marquez fan. ... So first of all, the Aprilias are doing better than the Ducatis right now."

Ducati is a motorcycle brand. Here they’re talking about how well Ducati bikes are doing in MotoGP races compared to other brands.

Brand

Marc Marquez

"And it's, I think, a really important weekend for me as a Ducati fan, especially as a Marc Marquez fan. ... since Marc is so much better than all of the other pilots, he could still win on the Ducati versus a better bike."

Marc Marquez is a top motorcycle racer. Here they’re saying even if he’s a great rider, the bike still has to be competitive to win.

Concept

podium

"Yes. And he didn't podium last weekend in Brazil. So first of all, the Aprilias are doing better than the Ducatis right now."

A “podium” finish means you place in the top three. It’s a big deal because it shows the rider and bike were among the fastest that weekend.

Term

titanium

"Well, it's going to be all titanium. Titanium? You could cut that whole thing out of a block of titanium and it wouldn't cost that much."

Titanium is a strong, lightweight metal that doesn’t rust easily. It can make a bike lighter and tougher, but it costs a lot to make and shape.

Concept

bespoke

"[396.7s] And are they fit to size for the person buying them [398.6s] so they're like bespoke? [400.1s] I wish. [400.3s] They're not even bespoke to your exact measurements"

“Bespoke” means custom-made for you. In cars, it would mean the car is tailored to your body or preferences, but that’s usually very hard and very costly.

Car

Ferrari 308

"Car Club. I want to sit in a Ferrari 308 and see if my legs pass. I honestly think so man..."

The Ferrari 308 GTS is a classic Ferrari sports car. People like it because it’s a famous older model and is considered collectible. The podcast mentions it because someone wants to see if they fit comfortably inside.

Concept

fit

"you realize, oh, no, I don't like how this fits me. And sometimes it just has to do with the seats... Even though my legs aren't changing."

“Fit” means whether the car’s seating position works for your body. If you can’t sit comfortably, it can make the car feel wrong even if it’s otherwise great.

Concept

original parts

"That's actually because you want the original parts. If you want original parts, that's the beauty of older Porsches."

Original parts are the same kind of parts the car had when it was new. People want them because they fit right and keep the car looking authentic.

Brand

Polestar

"So Polestar, I expected so much from them after the Polestar 1. ... They were good."

Polestar is a car brand that’s connected to Volvo. When you see Polestar on a Volvo, it usually means Polestar helped make it feel more performance-focused.

Car

Polestar 1

"[665.4s] I mean, the other ones are okay, but they're not special. [670.5s] The Polestar 1 is special. [672.1s] Now you say V60, that makes me feel better because it's like, I'm so happy that Volvo is still"

Polestar 1 is a special kind of performance car from Polestar. It’s not just a normal commuter—it’s built to feel more unique and exciting.

Concept

station wagon

"You don't see, you're not seeing a station wagon? [723.9s] I'm not getting wagon vibes. [725.4s] I'm getting SUV."

A station wagon is a car with extra space behind the back seats. The roof and rear area stretch farther back so you can carry more stuff than a normal sedan.

Brand

Alfa Romeo

"You have, I mean, some crazy cars and brands that I wouldn't think are big sellers, a lot of Austin Healey's, a lot of Alfa Romeo's."

Alfa Romeo is an Italian car brand known for stylish, characterful classic cars. Collectors often love them for how they look and feel.

Concept

word of mouth

"And so when things are professional and efficient, people, you know, refer people and come back. [1222.4s] Word of mouth is huge in, in any business."

Word of mouth means people tell other people about a good (or bad) experience. For car buying, that trust is a big deal because you want to feel confident you’ll be treated fairly.

Term

suicide doors

"And it was black with parchment interior. And of course they had the suicide doors. And I would just drive that car around."

“Suicide doors” are doors that open from the back-hinge side (instead of the usual front-hinge). They’re a classic design detail you’ll see on some older cars.

Concept

EVs

"It's all talk about emissions, EVs and where we're going with autonomous driving."

EVs are cars that run on electricity instead of gasoline. Automakers are shifting what they build because of rules about pollution and because more people are buying electric cars.

Concept

tariffs

"The regulations, the hoops they had to jump through, the moving target of tariffs, globalization and the reversal of that. [2171.5s] It just makes it more difficult for them to make good product at a good price and things are getting so much more expensive."

Tariffs are taxes a government places on imported goods. In the classic-car and parts world, tariffs can raise the cost of importing vehicles, components, or materials, which then affects pricing and availability.

Concept

Where's the smell?

"However, where's the emotion? Where's the power? Where's the smell? Get in the car. A friend of mine visited me that I went to high school with."

They’re talking about how older cars have a unique smell you don’t really get in newer cars. It’s one of the reasons people feel like classics are special.

Concept

Pebble Beach

"I saw his taking that to Pebble Beach too. So good for him. Is he?"

Pebble Beach is a very prestigious classic-car event in California. If someone takes a car there, it usually means the car is special and the owner is part of the serious collector scene.

Car

57 T-Bird

"The classic car community is, you don't need, you know, you don't have to have a 57 T-Bird. I mean, you don't have to have it."

“57 T-Bird” means a 1957 Ford Thunderbird. The message is that you don’t have to buy the most famous, expensive classic to enjoy the hobby—you can start with something more affordable.

Concept

do a little bit at a time

"They might think like I did with that Lincoln and you do a little bit at a time. You know, you can do this when you can afford this or you can change the bumper at that point"

This means you fix up the car gradually. You might start by getting it running, then do the looks and interior later when you have the money.

Term

non-running car

"or, you know, if you're buying a non-running car, now you first you get it running. If that's what you want to do, you get it running first."

A “non-running car” is a vehicle that won’t start or operate under its own power. In classic-car circles, it often means you’re buying a project: first you diagnose and get it running, then you move on to cosmetic and interior work.

Concept

slippery slope

"It's a very slippery slope. It's fun. It's a slippery slope, but it's fun along the way."

They mean that once you start working on a classic car, it usually turns into more work. You fix one thing, then you see another thing that needs attention, and it keeps growing.

Concept

back lot

"I've been in the back lot of Beverly Hills Car Club and it always seems to be swarming with guys working out there."

A “back lot” is the area behind the main showroom. It’s where cars sit and where staff may work on them before they’re brought out for customers.

Concept

service records

"So we try and, we, we're very diligent in getting all the history and service records before we've owned the cars. So we share them on the website also to show the history of what's happened with the car."

Service records are paperwork showing what repairs and maintenance the car has had. They help you trust the car’s condition and avoid surprises.

Car

1983 Ferrari 308

"So this is 1983 Ferrari 308."

They’re using a real example: a 1983 Ferrari 308. The point is that buyers want to know what maintenance the car has had and whether it’s ready to drive.

Term

test drive

"[3485.5s] Yeah, it didn't pay out. [3487.6s] So do you let people test drive these cars too? [3490.2s] So I'm going to answer that."

A test drive is when you actually drive the car before deciding you like it. It helps you figure out if it feels good to drive, not just if it looks good.

Concept

classic car

"I started this with passion with love with, you know, the chase of the next classic car. And now we've got 650 of them come and look at them and experience them."

A “classic car” is an older car people collect and enjoy. People often hunt for the ones they really want, especially if they’re rare or in great shape.

Concept

deposit

"It's like, if you're serious, serious about buying a car, put a deposit down and let's go from there."

A “deposit” is money put down to reserve a car and signal serious intent. In high-end classic-car sales, deposits help protect the inventory and ensure test drives are tied to genuine purchase plans.

Company

BAT

"There's none of the flipper cars that people who don't care about driving by and sell on BAT all the time."

“BAT” is commonly used in classic-car circles to mean Bring a Trailer, an online auction platform. The speaker is criticizing sellers who use BAT to quickly trade cars without caring about driving or long-term ownership.

Concept

trade

"[4038.6s] Why not a trade? [4040.5s] Why not a trade for something else? [4043.4s] You know, this is used car dealing. [4046.3s] There's, you always should make an offer."

A “trade” means swapping items instead of paying all cash. For example, you might give a motorcycle plus some money to get a car.

Term

pay what they ask

"[4048.6s] Wow. [4049.0s] I don't think you should ever pay what they ask. [4052.3s] I wonder if he'll take a couple of Ducati monsters and trade for, oh yeah, get him into"

“Pay what they ask” is the opposite of negotiation—it's the idea of not accepting the seller’s asking price as-is. The speaker suggests classic/used-car buyers should negotiate down from the initial list price.

Company

Cincinnati Insurance

"When that happens, what matters isn't just what you planned, it's who shows up. [4212.1s] That's where Cincinnati Insurance comes in. [4214.5s] For more than 75 years, they've helped individuals and businesses navigate life's toughest moments"

This is an insurance company sponsoring the podcast. They’re being described as helpful when something bad happens and you need help quickly.

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