01:40
Here we have the Limo Imo in its natural habitat, helping people customize their car insurance
01:47
and save hundreds with Liberty Mutual.
01:52
It's accompanied by his natural ally, Doug.
01:55
Uh, Limo, is that guy with the binoculars watching us?
01:59
Only pay for what you need at libertymutual.com.
02:02
Liberty, liberty, liberty, liberty.
02:05
Saving's very underwritten by Liberty Mutual Insurance Company and Affiliates
02:06
Excludes Massachusetts.
02:08
Drinking and driving will change your whole world.
02:11
The next time you're out with friends, consider what would happen if you got pulled
02:15
over after drinking, like the legal fees or the time in court or a DUI on your record.
02:21
Your decision to drink and drive could change someone else's world, too, if you hurt
02:27
or even kill them in a crash.
02:29
Instead, what if a decision to call a sober ride changed your world for the better?
02:33
Drive sober or get pulled over, paid for by NHTSA.
02:39
Something amazing is happening.
02:41
This agency is experiencing a cyber attack, but no one is panicking.
02:44
That's because CDW government secured, optimized, and future-proofed their data
02:49
with the Dell Technologies Power Store solution.
02:52
It increases cyber resiliency and improves end-to-end performance.
02:55
For a secure, scalable solution that doesn't require more physical space,
02:59
Dell Technologies and CDW government make amazing happen.
03:03
Find out more at cdwg.com slash Dell Federal.
03:15
Hello, welcome to CarCast.
03:16
I'm Matt, the moderator, D'Andrea.
03:18
Got a very special show today.
03:19
We've got Larry Webster, he's the editor-in-chief at Hagerty Media.
03:24
It's been a while, but welcome.
03:26
Welcome to the show.
03:28
Thank you for having me.
03:31
Let's talk a little bit about Hagerty for a minute here,
03:33
because Hagerty, my gosh, has really kind of changed and evolved
03:36
and grew into this big, impressive monster of a company over the last decade.
03:43
It went from just insurance, although you still maintain
03:46
one of my favorite online tools ever.
03:48
It is the price evaluation tool.
03:50
Evaluation tools, yeah, yeah, yeah.
03:52
Yeah, I mean, I've been there decades.
03:54
So thank you, Matt.
03:55
It's all thanks to me, obviously, in the last decade.
03:57
That's what they told me.
03:58
That's how they set it up.
04:00
Your team reached out and they're like, yeah, thanks to Larry.
04:03
It's not it at all, because it's a really fun company.
04:06
It's a company of enthusiasts built for enthusiasts.
04:10
And it's all about helping folks, especially now,
04:13
ensure, buy, sell, enjoy their cars.
04:16
And it's totally evolved from just a company that
04:21
insured your special vehicles, the stuff you didn't drive every day.
04:25
And they figured out that they could, the main thing
04:30
was that people took care of their cars.
04:32
And therefore, when something happened,
04:33
Hagerty could jump in and they could get it fixed.
04:36
And whatever it was, great service.
04:39
And that just really took off.
04:41
And that was really the bedrock of the company.
04:44
And then it's sort of evolved into other things.
04:46
Like now there's a great marketplace.
04:47
There's obviously the media arm that I run.
04:53
We're on social, on our website.
04:56
And now there's events and concours and a live auction
05:00
thing with Broad Arrow.
05:02
So it's just sort of encompassed the whole car world.
05:07
So I like to just serve the whole car world.
05:10
That's the better way to say it.
05:11
Talking a bit about that evolution,
05:13
I know this isn't under your watch.
05:16
But the marketplace, I mean, that's
05:22
just that just seemed to grow and grow.
05:26
Like it seems to be doing really doing well.
05:28
And also just some really cool, interesting cars and stuff
05:31
as well if you guys scroll around through it.
05:34
It's been really great, one of the scenes,
05:35
because with the ecosystem that we work in,
05:38
we know what cars are out there.
05:40
And the real idea is to offer our members something,
05:42
a way to connect and transact cars between themselves.
05:47
Because that's what you do is when
05:48
you're a member of an organization.
05:50
So there's classifieds out in there
05:52
that are free for AgriDrivers, co-members.
05:55
And then there's also auctions and things like that.
05:57
And it's been growing really fast.
05:58
I don't know if you saw this thing.
06:00
Did you hear about the generous collection?
06:03
Yeah, there was a guy in Alabama that had,
06:05
I think he's got like 900 cars.
06:08
And he owns a company, a business in Alabama.
06:11
And he would employ a lot of the people.
06:13
And so he's a big person in the community.
06:16
And when they needed extra money, they would come to him.
06:19
And it turned into like he would just buy their cars as a way
06:24
And he collected hundreds and hundreds of cars.
06:26
And now he just wants to get rid of them.
06:28
So they just had like a, I don't know,
06:30
it was hundreds of cars were sold all no reserve.
06:34
And there's another batch going up next spring.
06:38
And in the meantime, there's a huge collection that just
06:41
closed up the David Glenn Porsche collection.
06:43
He was the engine builder that built the Yellowbird 911
06:48
And so he had a bunch of stuff.
06:50
So yeah, there's all these connections
06:52
that are finding this great stuff
06:53
that they're able to offer on the marketplace.
06:55
So it's worthwhile to check it out
06:57
and at least sign up for the newsletter.
06:59
You know, so this guy was just buying up everyone's cars
07:03
that needed money, but with no real plan for a resale.
07:06
He wasn't a wholesaler.
07:07
He wasn't going to auction.
07:08
He wasn't doing, there wasn't doing any of that, huh?
07:12
And we did, there was a barn find hunter video
07:14
that Tom Cotter did of the thing.
07:16
So you can go and meet the guy.
07:17
And you can see the warehouses on warehouses
07:20
on warehouses in Alabama.
07:22
He's got all this stuff.
07:26
Taking a quick look at Marketplace.
07:28
You guys can go up there as well.
07:29
It's the Hagerty.com slash Marketplace.
07:32
And you can see all of the cool cars and stuff
07:34
up there that are for sale.
07:37
There's classifies and there's an auction format, right?
07:40
Yeah, there's classifies as well.
07:42
And if you're a Hagerty Drivers Club member,
07:44
you can list for free.
07:45
And then there's also the auction.
07:48
Yeah, I see this Triumph TR6.
07:53
Over at Adam Crowley's collection,
07:55
we've got the Paul Newman and TR6 in that collection.
07:59
Was that a Tullius car?
08:02
Yeah, it was a Bob Tullius car as well.
08:06
The same car was both of their championship cars.
08:09
But if you see that car, it's black and silver.
08:12
So for just a handful of seasons,
08:17
Newman didn't run like with Bob Sharp and whatever.
08:20
And so the black and silver cars
08:22
are his personal livery cars.
08:24
And it's one of his championship cars.
08:26
So we bought that car from Bill Warner, who
08:30
is an amazing guy, I love Bill.
08:33
And he was just looking to make a change in the collection.
08:37
And we always said we just wanted that car.
08:39
And I think he loved it more as the Bob Tullius car.
08:44
But for us and for Adam in that collection,
08:47
it needed to be back to the Paul Newman car
08:49
because of Adam's Paul Newman collection.
08:54
Where can you see the movie you guys did,
08:56
the documentary on that stuff, the way?
08:58
So the documentary, by the way.
09:01
The documentary, I believe, is streaming online
09:05
in a number of places.
09:07
And our own website is Chassis Media, I believe.
09:16
It should be so much.
09:17
Chassis.com, it's C-H-A-S-S-Y.
09:22
And you can still go and buy and watch all the movies there.
09:26
All the documentaries, right?
09:28
All of our, you know, the Willie T. Ribb stories
09:33
Oh yeah, I love that one.
09:35
Willie's great, so you can get them all there.
09:37
But yeah, thanks for mentioning that.
09:40
But the cars are all, almost all the cars.
09:43
I think 12 or 13, I think 13 of the Paul Newman cars
09:50
are in the Reno Automotive Museum, right?
09:55
Along with some memorabilia, some racing suits and helmets
09:57
and stuff like that.
09:58
You know, when we were picking up those cars,
10:01
there was just things like a lot of the cars
10:03
were just like kind of in pieces and in boxes.
10:06
It was like before the movie, we just
10:08
wanted to get a handful of these things.
10:10
And I remember one of the cars coming
10:12
with like a giant rolling toolbox, like a track box.
10:15
And I think just on the bottom drawer,
10:18
because it was just all junk and tools and stuff scattered.
10:22
The bottom drawer down there was just kind of folded up
10:25
was this blue racing suit.
10:28
And it happened to be a Paul Newman racing suit.
10:30
So it's just kind of a bonus, I guess,
10:33
back in the day when you could trade that kind of stuff.
10:37
I've been racing for 30 years, and I noticed I'm slowing
10:40
a little bit, a couple of tenths.
10:42
And Newman racely, competitively, he was like 72.
10:46
Yeah, so I think he was in the car up until 82.
10:52
82, that's what I was.
10:53
Yeah, 82 years old.
10:55
And what you'll notice is up in his later years,
10:59
he thought it would be fun to run his car
11:02
with the number that was his age.
11:06
And then one of the races he was in, the number was taken.
11:11
I don't know if it was 80 or 79 or 81.
11:15
But somebody was out there with car number 80.
11:20
And they're like, you can't have car number 80.
11:23
Normally, you've got to tape it off.
11:24
You've got to make it 88 or something, like something
11:26
you can make it into.
11:28
And I guess they were just like, it's Paul Newman.
11:30
We didn't really care.
11:32
And then in tape, he wrote a little plus one
11:35
on the bottom of it in the side of the door.
11:38
So he's like, yeah, it couldn't get 81.
11:40
So I got 80 plus one to be his year.
11:46
So you never know what's out there.
11:47
And that's why it's fun.
11:48
We have people out in the car world all the time.
11:50
That's why we hear of these things,
11:52
like the generous collection and other things.
11:55
And that's why we have a whole series dedicated.
11:57
It's called the Barn Find Hunter.
11:58
You never know what's out there.
12:00
By the way, that series is 10 years old still.
12:03
You still find it's incredible stuff.
12:05
So I wanted to talk about that.
12:06
So Haggerty now, this isn't new.
12:10
We're a decade into this with you.
12:14
Haggerty is actually 40 years old.
12:16
Yeah, but with you running on the content side,
12:18
the media side of it, I'm going to bring up some of it.
12:23
But let's talk about it.
12:25
What's going on on the Haggerty media side?
12:28
Yeah, the big stuff right now this month
12:30
is every month is something we call the bull market list.
12:34
And this is something that we talk about once a year,
12:39
where we, you talked about it before,
12:41
we have this great valuation team.
12:42
So you can get all these car values on Haggerty.com.
12:47
Historical values, what cars are worth.
12:49
And one day I called the guy who runs it and asked him,
12:51
hey, you think we can figure out
12:53
like what cars might be worth in the future?
12:55
And so my great surprise, Matt, he's like,
12:57
yeah, I think we do that.
12:59
And so that's how we started the bull market.
13:01
The idea was always like, hey, how can you buy one of these cars,
13:05
own them for a short amount of time,
13:07
and then sell them without really losing that much.
13:09
It's almost like having the car for free.
13:12
And it was really successful.
13:13
This was sort of an out group of what you call group tests
13:16
in the car magazine world, right?
13:18
And it did really well online.
13:19
We get a lot of other people pick it up.
13:21
And so we've been doing it nine years.
13:23
There's actually also a video.
13:25
So that's our big news for December, for sure.
13:29
This will take up a lot of the things
13:30
because there's just a lot of interest in what to buy
13:33
and car values, as you know.
13:35
So it's worked really well.
13:37
Do you want to go through it?
13:38
Let's go through the list.
13:39
Let's go through the list.
13:40
I'm going to bring it up as well for you guys up on YouTube.
13:42
So we'll take a look.
13:43
Yeah, it's on the website on the Haggerty.com slash media.
13:48
And it's also, you know, we cover a lot
13:49
on the social channels.
13:50
And it's also we got an episode on our Haggerty YouTube.
13:54
But these could be future collectors,
13:56
things that you guys think are either going up in value.
13:59
Or maybe there was a dip in value
14:01
should now is the right time to buy.
14:04
You know, so and it's going to be an interesting mix of cars
14:07
from inexpensive to actually very expensive.
14:10
So I'm glad you said that because we really
14:12
try and make sure there's something for everybody.
14:14
You notice there's a lot of different eras.
14:16
You know, it's kind of easy to, you know,
14:18
you could just say, well, any really interesting car
14:20
that's 30 years old is probably going to go up,
14:23
Because it reaches the bottom of the appreciation curve.
14:25
What we do is look at those anomalies throughout the market.
14:28
So there's different stuff and different eras
14:30
and different price points.
14:32
You know, Adam and I would talk about this all the time
14:35
in that a good kind of rule of thumb
14:38
would be look at what's going off at big money at the auctions.
14:44
And is there a little brother?
14:46
Is there a goal wing Mercedes?
14:49
And then is there a 190?
14:52
You know, and go, oh, maybe that's the one.
14:54
Maybe, you know, it's hard because we just put an article.
14:59
We also, we do a lot of, we have a special section
15:02
of our site called The Insider.
15:03
And that's all of our valuation and sort of market
15:07
research and things like that.
15:08
And we were just looking at the Honda S2000 CR, right?
15:13
And the CR is worth way, way more than a regular S2000.
15:18
And so the little brother analogy is kind of tough,
15:24
Maybe a better way to say like, OK, how old people,
15:27
like right now or in the middle of the greatest wealth
15:31
You know, the boomers are passing their dollars
15:33
to the next generation.
15:35
A lot of it's like my generation, Gen X.
15:37
And that generation is hitting 55 and 60.
15:40
So what did they covet?
15:41
They covet cars in high school.
15:43
And that's the 80s, the rapper.
15:44
Yeah, our 80s and 90s cars.
15:47
And that's what we see a lot of for sure.
15:50
You know, when you look at the aftermarket as well,
15:53
you go to the SEMA show and you think
15:55
about all of the cars, like every Gen 1, Gen 2 Mustang,
16:00
Camaros, all of those things that were getting built.
16:03
And then, yes, like the kids, the high school kids
16:08
from the 80s and 90s were going, well, what was I driving?
16:11
And now that I'm a real life adult
16:16
and maybe made some money in my career.
16:21
So when I reach out to some hot rod builders
16:24
and then you start seeing guys like Troy Trapanier
16:29
and stuff going, we're going to do a Camaro.
16:31
We're going to do an 89 or 90 Camaro.
16:34
We're going to do the IROC or something.
16:36
Like instead of a T-bucket or something like that.
16:38
Yeah, yeah, or just like another 65 Mustang or whatever.
16:43
You know, going, sure, everybody loves a 69 Camaro,
16:47
but that's not what I grew up with.
16:49
My first car was an 87 Camaro.
16:55
Yeah, that's a good point.
16:56
I mean, remember, Seema used to be filled with,
17:00
remember the Sport Compact craze?
17:02
That kind of came and went.
17:04
It's coming back now, right?
17:06
Because that was when they were new and now a lot
17:08
of those CRXs and things that just disappeared
17:12
are back and pretty valuable.
17:14
Yeah, it goes in cycles.
17:16
You were talking about marketplace.
17:18
It's like every once in a while, something will pop up.
17:21
And it'll be like the best of the best, the low-mile mint
17:25
condition, you know, and you're like, oh my God,
17:28
somebody took an Integra Type R and got, you know,
17:34
And then over the next six weeks,
17:35
you see like 30 Integra Type R's pop up on.
17:39
And it's like, oh my gosh, maybe I should sell mine.
17:43
Yeah, I got to ride that wave.
17:45
And you know, it's not.
17:47
But that's kind of what we're talking about with your list,
17:49
with the bull list, right?
17:50
Yeah, I mean, one of the things that they do
17:52
is they're not just tracking the price data and sale data,
17:57
but they're also looking at like, OK,
18:00
how many people are calling in to get an insurance quote
18:03
on a particular car?
18:04
Did it grow year over year?
18:06
How many people are calling in and asking
18:08
to have their agreed value raised on a particular car?
18:12
And what does that mean?
18:12
So there's a whole big suite of data
18:14
that they use for the like, I don't know,
18:16
2 million plus phone calls that we get every year
18:19
to try and color this.
18:20
And then there's like a whole team of folks
18:22
who have been doing this for decades.
18:23
So there is data, and then there's interpreting the data,
18:27
and then there's making some decisions.
18:28
And then by the way, every year we go back
18:30
and look at our report card.
18:32
Yeah, I was going to ask about that next.
18:34
But we'll get that toward the end here.
18:36
All right, let's take a look at the list.
18:38
Let's take a look at the list and go through.
18:40
We'll just cruise through some of these cars.
18:42
You can figure out how much time
18:43
you spend on what was the most exciting thing on the list to you?
18:48
Is there anything that jumped out like, damn,
18:52
I should jump on that.
18:54
Well, I don't know if it's that or as much as just sort
19:00
Like certainly, I was waiting for like the 454SS, the truck
19:08
to show up on like an official list.
19:11
I have a 95 Ford Lightning and I have some Foxbody Mustangs
19:18
So that one, like Cyclone and Typhoon, excuse me,
19:25
that's probably, I don't know, maybe that's already
19:27
been on the list because those were starting to really
19:30
get some pretty decent money.
19:34
And the rest of us are going, yeah, but what
19:36
about the Lightning?
19:37
What about the 454SS?
19:39
Like what about those trucks?
19:41
We had the V10 RAM on there.
19:44
The V10 RAM, it's cool.
19:46
Yeah, I mean, what's the average value of the 454?
19:50
It's somewhere in the 30s, right?
19:54
But it wasn't that long ago.
19:57
It was probably eight.
20:01
Yeah, so how much room is there left?
20:04
That's a great question.
20:05
But it was never like, we try to make sure to say, look,
20:08
if you're in this to invest in it,
20:10
it's not what we're about.
20:11
We're about, we want to show you how much fun you can have
20:14
for how little money.
20:15
And there's not a lot of risk in it.
20:16
It's a store of value.
20:18
Let's talk about this first one on the list, the Dodge
20:20
Charger, the 68 to 70 Dodge Charger.
20:23
This one I bring up specifically that catches my attention
20:26
because this is a car that went up in value
20:30
and is seeing a dip in the market, I believe.
20:33
And that's what makes this thing a very interesting buy
20:38
One of the things that our valuation people point out
20:41
was that 52% of the owners right now, at least the ones
20:44
we know, they're Gen X and younger.
20:47
So that means the fastest growing segment in sort of like
20:51
who's getting into the car market are buying these things.
20:55
So we think that's a real positive nudge
20:57
for them being more valuable.
21:01
And I mean, there are, you know, these cars I think
21:07
they demand a little bit of research.
21:09
When you're getting into the 60s and 70s muscle car era,
21:12
especially the 60s size,
21:14
like there's just so many small little variations
21:17
and it's, you could see something like a charger
21:20
and go, oh man, this seems expensive.
21:22
But, you know, is it numbers matching?
21:25
Was there an engine swap?
21:26
What was the spec on it?
21:27
And something about the American muscle cars especially,
21:31
like the auction companies, all of them included,
21:36
by the way, the auction companies,
21:37
if you're selling muscle cars,
21:39
they love to go as to the finite details.
21:43
So like, this is, you know, this is the charger
21:45
and it's a manual, but this is the only one, you know,
21:49
that had, you know, a 411 gear in it.
21:52
And people like, okay, so now we're really just
21:55
getting to the build sheet and just figuring out
21:57
exactly like, you know, this is one of, you know,
22:00
one of seven that had this certain gear ratio
22:02
or this, you know, or like,
22:04
it could be something really silly.
22:05
Like this one had the, you know,
22:07
the factory replacement fuel pump because there was an issue
22:10
and they only made, you know, a hundred of these.
22:12
Like, so muscle cars especially, excuse me,
22:17
I find if you're getting into that area for the first time,
22:22
it helps to talk to somebody
22:23
that is a specialist with those cars.
22:25
If you're not talking to, you know,
22:28
one of the car specialists at the auction company,
22:30
you need to talk to somebody that knows about these cars.
22:33
I think that is a great piece of advice
22:35
because I agree a thousand percent.
22:37
Like you don't want this trim package,
22:39
you want that trim package.
22:42
And it's hard to keep them all straight
22:45
because they change them so often, right?
22:47
Keep them fresh here over here.
22:49
So yeah, that's a really good point.
22:50
The one thing that I will point out though,
22:52
they list the valuation tools,
22:55
lift different values at different conditions
22:58
because it's all about the condition of the car.
22:59
Okay, so top of the market's, you know, a hundred grand,
23:02
but then you get something with not original parts
23:06
or it's had some work done on it
23:08
and that's a 40 or $50,000 car.
23:11
And you really get that experience
23:13
without spending all the crazy money.
23:16
You know, if you're at least not a stickler
23:18
for that originality, which I'm not,
23:20
I'm always out to the experience.
23:21
I mean, I don't show cars, I just like drive them.
23:23
So I'm kind of a bottom feeder in that regard.
23:26
And that's what's cool about these
23:28
is can you think of a better looking
23:32
60s muscle car than the Charter?
23:35
And I mean, as cool as it was,
23:38
it was kind of on the big side, you know?
23:41
Like you park it next to a, you know,
23:43
a Gen 1 Camaro or Mustang, you're like,
23:46
gosh, this thing's huge.
23:48
Yeah, you know what's fun about this, Matt?
23:49
That the woman who owned it,
23:51
and her name was Sherry and she had bought it.
23:54
It was two years old.
23:55
She made her dad buy it as her first car.
23:58
Loves it, loves it, loves it.
24:01
You know, barely get it out of sight.
24:01
So that's one of the fun parts
24:03
about doing this exercise
24:04
is you get to meet a lot of the owners
24:05
and, you know, so many car people out there.
24:12
Okay, so moving down the list,
24:13
we've got the next one on the list is Mazda.
24:19
We're looking at 1999 through 2005,
24:22
Mazda MX-5, the Miata.
24:25
I mean, it's a personal favorite.
24:27
I have three and a Miata is the first gen.
24:30
In terms of dollar per smiles and everything,
24:32
there's nothing better.
24:33
This is the second gen.
24:34
We're finally seeing these start to catch up.
24:37
They're still like,
24:38
I mean, you've driven these cars, right?
24:45
I had one for like, yeah, for like a year or something.
24:47
It was like a friend had it
24:48
and was like moving out of town.
24:50
I didn't know what to do with the car.
24:51
And they're like, here, just take it for a while.
24:53
You know, it needed a little work,
24:54
but it was, excuse me, it was super fun to drive.
24:58
They're super durable.
25:00
I mean, these are the Miata is Mazda's moonshot.
25:03
It's like Toyota's Prius.
25:05
Like they engineered every freaking millimeter of that thing
25:08
just as, you know, as well as they could.
25:11
And it just shows they're so intuitive.
25:14
You get a real feel for what it's like
25:15
to be what's happening to contact patch.
25:18
And I like these cars because it's like,
25:20
it's a lot of times it's more fun to drive a slow car
25:23
fast and the drive a fast car slow.
25:26
And, you know, especially these roads,
25:28
what's happening in traffic and you're,
25:29
these cars, you can take them to red line
25:31
and you're not going to be risking a ticket.
25:34
And they're still like crazy cheap.
25:36
I mean, they're well under 20 grand for a really nice one.
25:38
So I can't say enough about Miata's.
25:41
I think they're killer.
25:44
If you, if you ever get into any sort of racing,
25:47
the Mazda Miata is a great place to start.
25:49
And there's so much support from the dealers
25:52
and the manufacturer in that regard on this.
25:57
Like you want to, you want to hit, like you're in California,
26:01
you want to hit like Angeles Crest or something
26:03
and you don't want to die, but you want to have fun.
26:07
Like this is a great, a great car to do it.
26:11
And, you know, there's so many parts for it.
26:12
My favorite recipe for these is the suspension.
26:17
They're a little bit soft from the factory,
26:20
but they're nice because the ride quality is good.
26:21
So one thing I do to all my Miata's
26:24
is I don't change the spring rate,
26:26
but I changed the shock absorbers.
26:28
I just put straight up Coney yellows on them.
26:31
And I've done that on a couple of cars.
26:32
It just tightens it up just enough,
26:34
but it still keeps that compliance in there.
26:36
And they're just sharp and fun and fluid.
26:40
And you feel like you're wearing a dancing shoe.
26:43
You know, and changing the shocks, that's a good point.
26:45
There's so much support in the aftermarket
26:49
Like there really is anything you could ever need
26:53
for that car you can get for that car.
26:55
And as a lot of people that get them
26:59
as they are fixing things that need to be,
27:02
that need attention over time
27:04
is a chance to do an upgrade to it, right?
27:07
There's usually like a slightly more interesting
27:11
or better performing version of that part.
27:14
Yeah. And then, you know, they are durable,
27:17
but of course every car needs maintenance.
27:18
I have not found a car that's easier to work on than Miata's.
27:21
Yeah. And everything bolts together.
27:24
It's not like you're fitting stuff.
27:25
And then there's so many used stuff out there.
27:29
By chance, you screw something up.
27:30
The worst case is a motor.
27:32
You can get one for like an almost new one
27:34
for two grand all day.
27:36
So like there's a kind of no risk.
27:38
And so it's a great way to learn the DIY skills
27:40
and all that stuff.
27:41
And then like I said, you can upgrade if you want.
27:44
All right. So moving on to the list,
27:46
this is kind of interesting.
27:47
So now you've got the 1956 to 1957,
27:51
the Continental Mark II.
27:53
And this is interesting because I just
27:57
talked to Chip Fuss about the car he built at SEMA.
28:00
And I believe he did a 56 Continental.
28:04
Did he really? Yeah.
28:06
And he turned it into a Roadster.
28:08
So there's no top on it.
28:10
I mean, yeah, look at that shot, right?
28:12
We tried to make it like this car invoked this kind
28:14
of JFK era to us, even though it was before it.
28:17
But it still had that kind of madman feel, right?
28:19
Remember, 56, 57, everybody was tail-friend crazy.
28:24
And here comes out this Lincoln that's not that.
28:26
It's really a little bit understated in lines.
28:29
But this car was supposed to be the American Rolls-Royce.
28:32
It wasn't called the Lincoln.
28:33
It was called the Continental.
28:34
And they were $10,000 new in 1956, which is kind of crazy.
28:39
Expensive back then, right?
28:42
Yeah, as you guys pointed out, that's $120,000 today.
28:48
But we think this is one of those rare special cars
28:52
And we're seeing some signs that there's a great interest
28:55
or more appreciation for how unique a machine it is.
29:02
I think it's a cool car.
29:04
I think it's a very kind of classic looking.
29:08
I think it would be fun to drive.
29:10
Definitely not winning any races.
29:12
But this is just meant to be, like you said,
29:14
the American Rolls-Royce.
29:15
So it's meant to be very luxurious.
29:18
The funny thing about this car from Russ,
29:20
37% of the owners, no surprise, are over 70 years old.
29:25
Yeah, not surprise.
29:27
But the under 50-year-old share is up from 11% to 60%.
29:32
So the folks under share, they're growing.
29:34
So they're passing the cars around.
29:36
So we think there was a fairly good drop from 2020
29:41
to 2022, like a 25% drop in value.
29:43
But we think it's flattened out.
29:45
And it's sort of starting a little bit of a slower race.
29:47
Again, you're not going to get rich buying this car.
29:49
But you can buy it and own it, especially
29:51
if it's a good one, and just move on.
29:53
It's a very interesting car.
29:56
Next on the list, of course, is the Chevrolet, the 454 SS,
30:00
the truck, the 1990, 1993, the big block truck.
30:03
I mean, everybody's got to have a big block, right?
30:06
Yeah, I mean, it's the two-door standard
30:09
cab, short bed, big block in it.
30:15
Have you ever driven one of these?
30:17
I'm trying to think if I've driven the 454.
30:20
If I had, it was probably back when they were newish,
30:25
probably a few years old.
30:26
It would have been late 90s I drove it.
30:27
But I don't recall now.
30:31
So it's like the muscle car formula.
30:32
It's the lightest, smallest body with the biggest motor.
30:36
And you know, you've driven late 60s muscle cars.
30:40
They drive like trucks anyway.
30:42
Yeah, might as well have a truck.
30:43
Might as well get the truck version, right?
30:45
The one that could actually haul and tow stuff.
30:47
Listen, even my Lightning in 95, you buy that truck.
30:52
And they're not rack and pinion steering or anything.
30:55
So I mean, it's just so sloppy.
30:57
You can move that steering wheel back and forth six inches
31:01
before the car even turns.
31:03
Yeah, you know, and that's on the S10, right?
31:08
Yeah, the cycle is on the small put on the small.
31:10
Yeah, that's the cycle.
31:11
The Lightning was the Ford.
31:12
That's the F1 Ford.
31:14
Yeah, yeah, that's the F1 50.
31:15
So I think all of these, the 454 SSes, they were all black.
31:21
They all had like the red interior.
31:27
You could see Dale Earnhardt driving one for sure,
31:29
Absolutely you could.
31:30
Yeah, absolutely you could.
31:35
So this is your favorite on your list.
31:37
Let's go to the next one.
31:43
This is my favorite.
31:46
This is the 2006 through 2013 Corvette Z06.
31:53
This is such a great car.
31:55
Talk about another car like the Miata
31:56
where there's just so many parts, so many modifications,
32:00
so many things you can do this car.
32:02
You could get in this thing and have
32:04
an absolute performance home run right out of the box
32:07
or modify it to your heart's desire.
32:11
I mean, this car, I remember I was on the launch,
32:15
the sixth generation Z06.
32:17
And I couldn't ask the engineers enough questions.
32:21
It's basically an LS kind of style block, seven liters.
32:28
And it rests, I want to say, 7,000-ish RPM
32:32
as titanium connecting rods.
32:35
And no turbos, no nothing, 505 horsepower.
32:39
The throttle response on these things
32:41
is like you're in a Tesla.
32:43
I can't believe I'm comparing it to that,
32:45
but I mean the immediacy of it.
32:47
It's just it's like it's such a live wire car.
32:53
I was just a car and driver when this thing came out.
32:55
And I drove these things all over the place.
32:57
And I just couldn't believe this is a production car now.
33:00
And now, I mean, you can get one of these for 40, 50 grand.
33:05
What do you get a touch for that?
33:06
I mean, the average price of a new car is $48,000.
33:09
You want to get a cannery for $34,000 or $38,000
33:12
or Z06 Corvette, I mean.
33:17
You'd be hard pressed to find something as great a performer
33:21
and as much fun to drive for that price range.
33:23
Oh, and they sound insane.
33:25
In their manual gearboxes, they upgraded the interior
33:28
from the C5 to the C6.
33:30
So it's a little bit nicer.
33:31
The other thing is they shrunk this car.
33:34
This is actually smaller dimensions than the C5
33:38
that it replaced because they wanted to sell it in Europe.
33:41
And so a lot of the ills of the C5 they address
33:46
And what I love about the Corvette
33:47
is you've talked to those guys who work on the Corvette
33:50
and they stay with that program.
33:53
Every generation, this car does something you just never
33:57
expected, and they always make it better.
34:00
As much as I love the C7, that's my favorite,
34:02
but the C6 is just crazy, especially for the money.
34:07
So I think that engine was in the Camaro,
34:11
I think, for a short bit.
34:12
It was in the Corvette, but then it went away.
34:14
So that's why I think one of these cars
34:16
is going to be something to hold on to for sure.
34:19
And in this car, it was dry sump?
34:21
It had dry sump oil in it?
34:23
And then I think when you, I think you could buy,
34:26
at the time, you could buy the engine
34:29
in the Chevy Performance Catalog.
34:33
Maybe it was wet sump in the Performance Catalog.
34:43
All right, let's do this.
34:43
Before we jump to the next car,
34:45
let's take a quick break and we'll be right back.
34:49
As we enter into 2026, you may have set some goals
34:53
like finishing that car project.
34:55
However, it could be hard to find people
34:57
who are good at what they do.
34:58
If you're hiring, how can you find the best people
35:01
for all the different roles on your team?
35:04
Well, there's an easy way with ZipRecruiter.
35:06
And right now, you can try it for free
35:08
at ziprecruiter.com slash audio.
35:11
ZipRecruiter's matching technology works fast
35:14
to find top talent so you don't waste time or money.
35:18
You can find out right away how many job seekers
35:21
in your area are qualified for your role.
35:24
Let ZipRecruiter help you find the best people
35:27
for all your roles.
35:29
Four out of five employers who post on ZipRecruiter
35:32
get a quality candidate within the first day.
35:36
Try ZipRecruiter for free at ziprecruiter.com slash audio.
35:40
Again, that's ziprecruiter.com slash audio.
35:45
It's ZipRecruiter, the smartest way to hire.
35:49
Hey guys, it's Matt again.
35:50
I just wanted to give a big shout out
35:52
to everyone who's been coming out
35:53
to our Bravago Hard Seltzer tasting events
35:56
and ordering online.
35:58
If you haven't tried it yet, here's what you're missing.
36:00
Bravago is lightly carbonated, stevia free
36:03
and bursting with flavor.
36:05
It's not just great on its own.
36:07
It's a perfect mixer too.
36:09
Throw in a splash of gin or vodka
36:11
and you've got yourself a next level cocktail.
36:13
Find it online at drinkbravago.com
36:16
or at our next event.
36:18
That's drinkbravago.com.
36:21
All right everyone, let's talk about drinking and driving.
36:23
A decision that will change your whole world.
36:26
Things will never be the same once you get a DUI
36:28
because legal fees, time and court are just the beginning.
36:31
Getting into a crash is another way your world
36:34
could be irreversibly changed after drinking and driving.
36:37
Your vehicle may not be the only thing
36:39
that gets damaged in that crash.
36:40
You could face a life altering injury or even death,
36:44
but you're not the only one who could face those consequences.
36:47
Your decision to drink and drive
36:48
could permanently change someone else's world.
36:51
Whether you injure them or leave their loved ones grieving.
36:54
The next time you're out drinking, call a rideshare,
36:57
a taxi, a sober friend or a designated sober driver.
37:01
Always plan for a safe ride home.
37:04
The only decision that will change your world
37:05
for the better is the decision to call for a sober ride.
37:08
It's never worth it to drive drunk.
37:11
Drive sober or get pulled over, paid for by NHTSA.
37:18
Something amazing is happening.
37:19
This agency is experiencing a cyber attack,
37:22
but no one is panicking.
37:23
That's because CDW government secured, optimized
37:26
and future-proofed their data
37:28
with the Dell Technologies Power Store solution.
37:30
It increases cyber resiliency
37:31
and improves end-to-end performance.
37:34
For a secure, scalable solution
37:36
that doesn't require more physical space,
37:38
Dell Technologies and CDW government,
37:40
make amazing happen.
37:42
Find out more at cdwg.com slash dellfederal.
37:46
The LL Bean Flannel has been part of holiday traditions
37:49
for over a century.
37:50
It's the shirt you wear to go pick out your tree,
37:53
the shirt you wear when you're enjoying
37:54
a warm cup of cocoa by the fire.
37:56
And of course, it's the shirt that you,
37:58
and everyone else, wears in the family photo.
38:02
Cozy, effortless and made to last.
38:05
The LL Bean Flannel,
38:06
invited to the holidays since 1912.
38:09
Mariette Bonvoy is the official hotel partner of US Soccer.
38:13
Join Mariette Bonvoy today to get closer to the game
38:16
with exclusive perks, unforgettable experiences
38:20
and benefits that go beyond the pitch.
38:22
Spring Hill Suites, part of Mariette Bonvoy,
38:25
offers complimentary hot breakfast
38:27
and spacious all-sweet accommodations,
38:29
perfect for the whole team,
38:31
with room for up to six guests.
38:33
Make your next getaway a win.
38:35
Learn more at springhillsuites.mariette.com.
38:42
And going through this Hagerty Bowl list that I think is-
38:46
We call it the Bowl Market.
38:48
There you go, the Bowl Market.
38:50
So next one on this list,
38:51
this one's an interesting car to me.
38:53
This is an Alfa Romeo.
38:55
Now, I'm a bit of an Alfa Romeo fan.
38:58
I've had Alfa Romeo spiders like 91, 92.
39:02
And growing up, my dad had some early ones,
39:06
like a graduate and stuff.
39:07
And so I always kind of liked them.
39:10
Slow, but fun and sharp looking
39:13
and just a fun little convertible.
39:15
But this is a 69 to 72 Alfa Romeo, the GTB.
39:19
Honestly, I don't know a lot about the streetcar versions,
39:22
but this is a great little race car and race trim.
39:27
And Adam Kroll has raced against these many times
39:31
in some of his smaller Datsuns, like his Datsun Roadster.
39:35
And just a cool all-around car.
39:39
Yeah, I mean, there are a lot of things
39:41
that are attractive about this car.
39:42
The two ones are, to me,
39:44
they wanted a practical car with a rear seat
39:47
and they has your Giorgio draw it.
39:49
And they're gorgeous.
39:50
I mean, they are freaking gorgeous.
39:51
It's like, you wanted a little Italian sedan.
39:54
This is what you picture in my view.
39:56
I mean, they're just beautiful,
39:58
little well-proportioned things.
40:00
And then the second thing is,
40:01
by the 70s and 80s, of course,
40:04
Alfa Romeo started getting a reputation
40:06
for poor reliability,
40:08
but in the early days, they were crazy durable.
40:11
And this twin cam motor had been around for a while.
40:14
And this is a brilliant engine.
40:16
It's a aluminum engine, five-speed gearbox.
40:21
Revs like crazy, loves revving.
40:23
It's got enough power and torque.
40:25
It's really smooth.
40:26
Again, one of those things simple to work on,
40:28
you want to learn how to tune carbs.
40:30
This is a good car to get.
40:33
I mean, the only weird thing is,
40:34
if you've ever been to one of these,
40:35
the driving position is a little weird.
40:37
Like the early Italian cars,
40:39
is the steering wheels are pretty far away.
40:42
And the pedals are up,
40:43
so it is a little bit awkward,
40:44
but you can fix all that.
40:45
And again, there's huge aftermarket support for these.
40:48
You can tune them and modify them.
40:50
And they made almost 50,000 of them,
40:52
like around 45,000.
40:53
So just a lot to be said for just the overall goodness
41:00
They just offer a lot.
41:01
The big thing that really woke up
41:04
a lot of us to these cars,
41:05
I think it's a forgotten car in a lot of respects.
41:09
And 9-12s, you know, Porsche 9-12s,
41:11
the four-cylinder 9-11,
41:12
they're worth like tens of thousands of dollars more.
41:16
Which just is like, wait, what?
41:18
And we know there's like Porsche fetish
41:20
out the wing, I love Porsches,
41:21
but that just didn't seem to make sense to us.
41:24
And then we thought, okay,
41:25
some of the other things that we were seeing
41:26
suggested the GT-V is finally getting its due.
41:30
Now, did they do an aluminum body version, GTA?
41:35
I think that was before.
41:35
That's when they also had like a step nose,
41:37
which was even earlier or a step down.
41:40
So yeah, they did a lot of things.
41:41
Of course, you know,
41:42
these cars were pretty successful
41:43
in the under two and a half liter Trans Am series
41:49
I mean, they're just great, great cars.
41:50
And you're right, that Twin Cam engine,
41:53
that engine has been the same
41:55
up into the nineties.
41:56
It got a little more displacement over the years,
41:59
but and it got a fuel injection, you know, eventually,
42:03
but yeah, just so the engine's been around forever,
42:09
you know, like again, slight variations of the engine,
42:12
but also a good looking engine.
42:15
It's a good looking little engine
42:17
with the cam cover and stuff on it.
42:19
So it's a cool piece.
42:21
I'm glad to see this car on the list.
42:25
All right, now, this is an interesting one.
42:27
The next one on the list,
42:28
we're looking at the 2006 to 2007 BMW M5.
42:35
I love the V10 in it,
42:37
but also I'm very aware of its maintenance issues.
42:41
Like it sounds great.
42:44
And if you do an exhaust on it,
42:45
a little aftermarket exhaust,
42:47
it sounds almost like an F1 car.
42:49
Like it just winds, it's good,
42:51
but be prepared to turn some wrenches.
42:57
Well, I mean, I think you're gonna be prepared
42:59
to pay somebody else to turn some wrenches
43:01
because I wouldn't touch the thing for nothing.
43:05
I mean, you wanna go to the specialist,
43:07
because I think it's the cam phasers
43:09
and even main bearings, main crankshaft bearings
43:13
that go bad, but you got a 500 horsepower V10
43:16
that revs to almost 7,800 RPM.
43:19
I mean, what do you think that's gonna be free?
43:22
I mean, it's just, it's a crazy high performance engine.
43:26
This is when BMW was in F1
43:29
and you know, it's considered a power train company,
43:32
one of the best engine companies around.
43:34
And for all the reasons you said,
43:36
these are just very,
43:41
it's a very exciting experience to drive one.
43:48
you're looking at the valuations
43:50
based on different conditions of the car.
43:53
This is the one on the list where I say,
43:55
get the best one you can afford.
43:57
Absolutely get the best one that you can afford.
44:00
You know, like if you were gonna get into the Miata
44:02
and you were gonna turn it into a race car
44:04
or you wanted to do a little restoration project
44:08
and parts are fairly inexpensive,
44:11
you know, you could have some fun with that
44:13
because you know you're gonna be modifying it.
44:15
This one, I think you just get the cleanest one
44:17
you can afford and spend the money on it.
44:19
Yeah, what's interesting is you could get
44:21
it's one of the rare cars with a sedan with a V10,
44:23
you could get a stick shift in.
44:26
They didn't make a lot in them.
44:27
The SMG, you know, it's an automated single clutch manual.
44:30
It's not that bad in this car as in some of the others.
44:33
It's not so clumsy.
44:34
And so that sometimes the SMG
44:38
and the computer-controlled shifting prevents the owner
44:40
from doing something dumb, you know,
44:42
like downshifting totally and things like that.
44:44
There's a little bit more insurance,
44:45
but I couldn't agree more.
44:47
You wanna see all the records.
44:50
You wanna make sure this thing is vetted
44:53
and anything that's been done could,
44:54
you know, the funny thing is 10% of the 8,800 M5s
44:58
that BMW sold in the US have since been exported out.
45:03
Yeah, it's like a worldwide car.
45:05
This is some of the things that people are waking up
45:06
to just how special it is.
45:09
I would say just for the fun factor
45:11
and the reliability factor, if you had an opportunity,
45:14
you spend the extra money,
45:15
you get the manual transmission.
45:18
I don't think the SMG,
45:19
I don't think that's the way to go on this car.
45:23
Probably not, but not a bad substitute
45:25
just because the manuals are hard to find.
45:27
And a lot more expensive.
45:28
Yeah, you'd be paying for it for sure.
45:30
Okay, so next on the list, 81 through 93 Dodge Ram Charger.
45:36
This one surprised you, didn't it?
45:40
You know, I was surprised to see it on the list,
45:42
but now that I see it on the list, I get it.
45:46
And I had one of these moments where
45:50
in the 80s, my brother and I went with my dad
45:55
and he's like, I don't know, it's like maybe we get a truck
45:57
and there's a guy in the neighborhood that's selling one
46:01
and we test drove one of these from just like a neighbor
46:10
I was maybe 10 or something like that, mid-80s
46:15
and going, let's go for a ride in this thing.
46:17
And I remember that.
46:18
And I remember just giant hood ornament as a kid,
46:26
but yeah, tell me why you guys like this.
46:32
I mean, you've seen just vintage SUVs in general
46:35
or going up, right?
46:37
You know, the Cherokees, the square body blazers,
46:41
the OJ Broncos, things like that.
46:43
And this car hasn't really followed,
46:45
but some of the things that we've noticed is that
46:48
the share of people under 50 that are owners of these things
46:52
is double the average of all our Hagerty clients.
46:56
So we're seeing a much younger generation
46:58
get interested in these things.
47:00
And of course, they have that kind of two-tone look.
47:03
You don't see them everywhere.
47:04
So there's that sort of like unique factor
47:07
that we think is playing into this.
47:08
So it was one of those great,
47:10
I think you were talking about this at the beginning
47:12
of the show, where you see the top model go crazy.
47:16
It does tend to, the rising tide does kind of
47:18
lift all boats in a way.
47:20
And that's really the story of the Ram Charger.
47:23
I think this is also one of those trucks that,
47:25
you know, we're seeing the blazers
47:29
and we're seeing, you know, Broncos pop up
47:31
and we're starting to see them get modified at SEMA.
47:34
We're starting to see the aftermarket companies
47:36
like a velocity restorations going,
47:38
oh, you know, we'll sell you a turnkey version.
47:40
It's nostalgic, but if you can get it with working air
47:43
and rack and pain and steering and a custom chassis
47:45
and, you know, give us 250 grand
47:47
and, you know, we'll make a turnkey for you, which-
47:52
Isn't that crazy, 250 grand?
47:54
Crazy is the wrong word, but I mean-
47:56
Wow, that's a lot of money.
47:58
It is, it's a lot of money.
48:01
But I think this will give this a few years
48:05
and I think this will end up on that list.
48:07
I think those companies-
48:07
So you agree with this, you agree with this choice?
48:10
Yeah, I think this is gonna do it.
48:12
Here's the, where's the hood ornament?
48:17
I know, it's down there on the right.
48:21
I'd buy just for that.
48:23
I just remember seeing it again, I'm like, God, it's huge.
48:26
Yeah, no pedestrian impact safety worries there.
48:32
Okay, so then we're gonna go, all right.
48:36
So the next one on the list,
48:37
this one doesn't surprise me
48:38
just how hot this market is right now.
48:41
You know, I mean, you got the Miata
48:42
but talking about where Japanese cars have gone.
48:47
You guys have the 95 and 98 Skyline GT-R.
48:54
Which we think the R34 went pretty crazy.
48:57
There's enough of these out there
48:59
now that they're over 25 years old.
49:01
You can bring them in and so people are doing it.
49:04
So this is one of the ones we think
49:06
that's in between generations of the Skyline.
49:08
You know, the Skyline's been around for decades.
49:11
And I don't know if you can,
49:12
I can't keep all the R34, R32, R33.
49:14
I can't really keep them all that straight
49:16
because a lot of them look the same.
49:18
But this thing's still quite powerful.
49:20
Still four-wheel drive.
49:22
It has a lot of the technology and the whiz bank stuff
49:25
that I think people like.
49:26
And so that's what we think there's, you know,
49:29
growing interest in this actual generation.
49:31
It's one of those that we think undervalued
49:34
and that's about to change.
49:36
Have you driven one of these?
49:39
You have because I, you know,
49:42
people love them so much certainly for what they represent
49:45
and just kind of how cool they are and they look good.
49:48
I just, I just can't really get like a good straight answer
49:52
from, you know, an objective answer on how do they drive?
49:55
Is it, is it, does it drive like that ram charger?
49:58
Oh, no, they're, these are one of those cars
50:01
that they're smooth and they're composed.
50:05
You have this really exhilarating turbo hit,
50:08
but the car feels really like an extension of you.
50:10
Like you can drive it right up to the limit
50:13
with a lot of confidence.
50:14
And you can tell the best and the brightest at Nissan
50:18
spent their time perfecting this car.
50:20
I mean, this was their halo car and it feels like it.
50:23
So I wish they were left-hand drive, by the way.
50:27
I mean, that'd be a lot of these here.
50:28
I mean, I can drive the right-hand car cars
50:30
and a lot of people don't, it doesn't bother them.
50:31
But for me, if I was really going to own one,
50:34
if they made this left-hand drive,
50:35
I would own one for sure, 1,000%.
50:42
It's a good looking car.
50:43
I mean, certainly ahead of its time, way ahead of its time.
50:47
Well, the looks are kind of weird
50:48
because, you know, the Skyline was like Nissan's sport coupe
50:52
and then they added all this stuff onto it
50:54
to make it the GT-R.
50:58
So it doesn't really, you know,
51:00
it has still a reasonable backseat and a good trunk
51:03
and all these things that you don't really expect.
51:05
But it's a super car all day.
51:09
It really is, yeah.
51:11
You probably see it's one of them by you and LA, don't you?
51:15
You know, we do see a few.
51:17
There's, I mean, there's a handful of people
51:21
that have them in collections now.
51:22
Like you said, they're starting to notice them.
51:24
You can bring them here now
51:27
because of whatever the rule of the 25-year rule.
51:29
So you can bring them here.
51:30
And people are getting them dialed in.
51:34
I just, just a couple of months ago
51:36
was visiting a friend in the area.
51:40
And that was one of the cars
51:42
that he just picked up for his collection in black.
51:47
So 95 to 98 Volkswagen Golf GTI, the VR6.
51:51
Yeah, specifically the VR6 engine one.
51:54
And I mean, the VR6 engine,
51:56
this was the first application of it and the GTI,
51:59
which is of course,
52:01
they offset the cylinders 15 degrees.
52:04
So it's a V engine, but it's only 15 degrees
52:07
So you could, you could mount the engine transversely
52:11
because it's about the same length as the 4-cylinder,
52:13
but it has twice the cylinders
52:15
and therefore about a third more displacement.
52:18
And so that was a big deal.
52:19
And these things sound terrific.
52:20
You know, have you ever heard what they say
52:22
They say they sound like the Wookiees.
52:24
Call them Wookiees or something like that.
52:27
I had never heard that
52:28
you would tell me about it.
52:31
I used to have a neighbor that had one of these,
52:33
did a lot of work on it.
52:36
The interesting thing when these came out,
52:39
I remember I was so excited for these.
52:42
I couldn't, because I had many GTIs.
52:45
They're probably one of my favorite cars.
52:47
And then I drove it.
52:48
I was so like let down.
52:50
I mean, engine was great.
52:52
The transmission is really fun,
52:54
but the car just rolled
52:55
and had none of the sharpness
52:57
that I expected out of a GTI.
52:59
And what happened was the American product planners,
53:02
they were afraid that the European suspension tuning
53:04
of the GTI was too stiff for our crummy roads.
53:08
So what we got here in America
53:10
was basically the luxury spec suspension,
53:13
which is of course a lot softer and it was too soft.
53:16
So this guy who owned this car,
53:17
first thing he did was, you know,
53:18
he changed the suspension.
53:19
He put the right coil over it.
53:20
So he sort of restored that back in it.
53:22
But that's something I always tell people
53:23
I would do before I buy one of these cars.
53:25
But the fascinating thing about these cars
53:28
is since 2020, the number two value
53:31
that's like super nice car is up 100%.
53:34
So it's doubled in price in five years.
53:37
But another example of just,
53:39
any of these cars on the list,
53:40
if you're just getting into something like this
53:42
for the first time, it-
53:45
It always helps to talk to somebody first, right?
53:47
Talk to people that own them,
53:49
get on a couple of the groups
53:52
or the forums or whatever, you know,
53:54
and talk to some people about it.
53:56
You know, the engine's really fun.
53:58
It sounds really great.
53:59
You could also get it in the Passat, the GLX,
54:02
which was this really weird one
54:03
that didn't make for very long.
54:04
Those are like, they all melted.
54:07
But, you know, 20 to 30 grand
54:09
gets you the nicest one of these in the world.
54:11
And that would be a great buy.
54:13
A great buy, fantastic buy, really entertaining.
54:17
Okay. And then this is the last one on our list.
54:20
This is the 2004 to 2007 Porsche Carrera GT.
54:24
Obviously not $20,000, but...
54:30
Yeah, a little bit more.
54:32
But a very cool car, a very interesting car.
54:37
So you remember, right?
54:38
That when the Carrera GT came out,
54:40
it was Porsche's like really first super car,
54:42
you know, before that it was a version of the 911.
54:45
And I think they made about 1,500 of these
54:48
and they didn't sell.
54:50
Do you remember that part?
54:53
I remember when it came out and Adam Krull and I
54:56
were doing a podcast at the studio
54:59
and somebody, you know, we were having the cars coming over
55:02
or doing featured cars and stuff
55:03
and somebody brought one of these on.
55:06
And, you know, it was a little tough
55:10
to get it into the driveway.
55:12
It doesn't have like the front axle nose lift
55:14
that a lot of the super cars have
55:17
and, you know, great sound and 10 cylinder
55:20
and excuse me, not the wooden shift knob
55:24
and it had some cool things into it.
55:26
But you were like, wow,
55:27
I can't believe this is a Porsche.
55:31
I mean, there's different stories about
55:33
where the V10 came out.
55:34
It was a Stillborn F1 engine
55:37
or it was a version of the eight cylinder they ran out.
55:40
I can't remember the exact spec
55:41
but the fun thing about this car
55:44
or one of the things that's really well known for
55:46
is the clutch is really tricky.
55:48
And that's because they wanted them out.
55:49
The engine is low as possible.
55:51
So they used a multi-disk clutch
55:54
that I think is about six inches in diameter.
55:56
You know, most clutches are anywhere
55:57
from 12 to 15 inches.
55:59
So that's why they can move the,
56:01
mount the engine lower to dry sump, you know,
56:03
and they are tricky to get going
56:05
but once they go, there's a fluidity
56:07
and speed and ease to these things
56:10
that they just belize what you hear on the internet.
56:14
You know, there's another one of those widow maker cars.
56:16
Everybody says it'll kill you.
56:18
I tested these things like all over the place.
56:21
They did lane changes, skid pad, everything.
56:24
They're mid-engine car.
56:25
Like, yeah, once they go NSX is the same way.
56:28
You know, if you get the tail going back and forth
56:30
at some point, it could snap.
56:32
So you have to stay on top of it
56:33
but I never found them to be like that evil.
56:38
But they're super exciting.
56:39
You know, the sound, you can go to the YouTube,
56:41
how good a YouTube channel
56:42
and you can watch the video, you can hear it.
56:44
It's one of the best sounding cars ever made.
56:46
And I find it funny, Matt,
56:49
like this car, the LFA, the 918,
56:53
like when they were new, they did not sell that well.
56:57
And actually the original 4GT, right?
57:00
The 04, same thing.
57:03
They went down to like 110 grand.
57:04
And then something happens,
57:05
five years, 10 years goes by
57:06
and everybody's like,
57:07
whoa, where is this thing that all my life?
57:11
And now they're worth, you know,
57:12
like our GTs are worth a million and a half bucks.
57:15
Yeah, for, it wasn't that long ago
57:21
where cars were still like,
57:22
they were expensive when they came out
57:24
and then they would drop down
57:26
to like used car prices as we would consider it.
57:30
And then eventually start creeping its way back up.
57:33
And sometimes that process took 30 years, you know?
57:37
But nowadays it's like car, the, you know,
57:41
a lot of car manufacturers,
57:43
not even just the highest end brands,
57:45
but car manufacturers are going,
57:47
no, no, no, we're going after some residual value.
57:51
We're going after some limited edition versions
57:54
And we want these cars to be worth some money.
57:57
You know, a company like Aston Martin,
58:01
which those cars usually tank in value.
58:04
But Aston Martin is really just going after like,
58:08
oh, we need to do a limited version of this
58:11
and a limited version of this.
58:12
And it just can't be like a trim level.
58:15
Like we need to make nine of these roadsters
58:17
and we need to make, you know,
58:18
and even if you, they're not big in the press
58:22
and even if they're not trading hands a lot,
58:25
like they are keeping their value up there.
58:29
And I think a car like this, like we're done with it.
58:33
You know, so like a Porsche comes out
58:35
with another super car, you know,
58:37
like the Mustang GTD, I think is a good example.
58:39
People are like, oh, this is interesting.
58:41
It's not a four GT, where's it going to go?
58:43
I go up, that's where it's going to go.
58:45
Like I think that thing is going to go up.
58:47
People are going, oh, should I spend $600,000,
58:50
$400,000 or whatever, you know,
58:53
it's like 325 or something with options.
58:55
Maybe it's 400, 400 changes.
58:57
They spend $400,000 on the Mustang.
58:59
Now, if you have the money, yes, you should
59:02
because it's going to go up.
59:04
And by the way, that car is fun as shit to drive.
59:07
Yeah, it's, I heard, I don't know if this
59:09
I'm sure I'm fact-tracking it, but I heard
59:11
that Porsche sells more special editions than 911
59:14
than they do the 911.
59:16
Yeah, because I think we might be
59:19
under special edition fatigue.
59:21
We might be, we might be for sure.
59:24
And look, and not all of them will be great.
59:27
Not everybody's like limited special edition car
59:31
will be great, but I think there's,
59:33
I think there's some interesting things there for sure.
59:36
But the Carrera GT, it's still what they call analog car.
59:39
It's a stick shift in an automatic world.
59:42
It has that very unique special V10 engine
59:45
that's not muffled by twin turbos
59:47
like so much of it is today.
59:49
It went over 200 miles an hour.
59:52
60 and 300, no stability control.
59:55
You know, it's all about driver feel.
59:57
I mean, this is a exciting car
00:00
that gets your heart rate up.
00:04
And it was only 400, 450,000 new
00:06
and now they're worth about a million and a half.
00:08
But there's nothing for sale like it anymore.
00:12
That's anywhere near the cost of this thing.
00:14
So that's why we think it's just gonna keep going up.
00:17
And you'll never get anything that analog again,
00:22
unless you're going to one of the,
00:24
like you're going to like a singer or something like that.
00:27
You know, like, yeah.
00:28
Or like maybe a GMA car or something like that.
00:32
I mean, I was thinking,
00:34
and thanks for going through the whole bull market list.
00:36
I hope your listeners appreciate it
00:38
and they go check it out.
00:39
And maybe through previous years
00:41
they can find something they like.
00:43
You know, it's a significant,
00:46
It's a significant chunk of money
00:48
that you're putting in something.
00:50
So we're trying to help people make sure
00:51
they're doing it or making smart decisions.
00:54
So that's really what we're after.
00:55
So I appreciate you giving us the voice to do it.
00:57
The one thing I was wondering about that came to mind
01:00
was I kind of think the scrapping of CAFE regulations.
01:05
I'm sort of excited to see what might come next.
01:08
You know, if you unshackle the engineers
01:10
and the product planners
01:11
and they don't have all these weird little
01:14
unintended consequences to fill.
01:17
You know, maybe the analog stuff will come back
01:18
because you know, there's still the Miata,
01:20
there's the GR Corolla,
01:21
there's the BRZ, Subaru,
01:25
still some fun cars out.
01:27
I don't know if you've driven the Mustang,
01:28
Dark Horse, that car's fantastic.
01:30
I've driven the Dark Horse, it's great.
01:32
I've driven the GTD, it's great.
01:36
I think maybe we'll start to see some of that.
01:41
I mean, there's also just been sort of a correction.
01:45
I don't want to say correction in the market,
01:47
but just sort of a correction
01:50
in the anticipated demand for EV
01:54
on behalf of the manufacturers.
01:56
So manufacturers are going, there's a place for EV,
01:59
but it may not be 100% of the future.
02:02
So now we need to start looking at, what does that mean?
02:06
Now, for a lot of car companies,
02:08
this is a multi-billion dollar mistake, if you will,
02:13
or just sort of a...
02:15
Or an investment that's not gonna pay off.
02:17
Right, it was just sort of a...
02:22
You're right, it was a vision for the future
02:26
that might not quite be there yet.
02:29
Yeah, I've been seeing signs that, on one hand,
02:33
we've been told, not we've been told,
02:35
but it suggests the trend lines that
02:38
we're not gonna be driving anymore
02:40
because autonomous cars are gonna take you over.
02:42
I remember six, seven, eight years ago,
02:43
even Bob Lutz was saying, say goodbye.
02:46
By 2030 ain't driving.
02:48
Well, okay, we think that's gone.
02:49
And then I look at what the automotive passion,
02:54
what's happening to it, it's only growing.
02:56
And the only thing I have to really say that
02:59
is if you think about the number of real enthusiasts
03:02
running car companies, and then the number
03:04
of factory involvement in IMSA sports car racing,
03:08
it's over a dozen factory teams in different levels.
03:11
Five years ago, those of us who loved road racing
03:14
never would even have dared hope for this outcome.
03:18
And now they're all there at the Daytona 24 hours.
03:21
It's amazing, so they must be getting something out of it.
03:23
And to your point, it's not slowing down.
03:27
Ford's investment in racing in all forms of racing.
03:31
Genesis moving into racing.
03:33
Genesis is like, we need to do,
03:36
they're kind of like emulating what Audi was doing.
03:39
It was like, we're gonna make some very interesting cars.
03:41
We're gonna make some high performance versions.
03:42
Now we're gonna make some racing cars
03:44
and have that education trickle down
03:48
to our new magma line of performance cars.
03:52
I mean, AMG, BMW, M's, you know, cars.
03:56
Hyundai N's, which I love about that.
03:59
Why not go after that?
04:01
Why not try to emulate it?
04:03
And especially for them, for the Hyundai, Genesis,
04:07
Kia family, they're selling cars.
04:10
They're doing well.
04:11
They're making money.
04:12
So that was the time for them to go,
04:15
maybe we invest some of that money
04:16
into like racing programs and high performance vehicles
04:19
and some new halo cars.
04:21
And now that we sort of made those brands cool, you know,
04:26
you would go, do I want a Hyundai?
04:27
Like, I don't know.
04:28
They're like, do you want a Hyundai, Ionic 5N?
04:34
I'm just hoping that there's more of a business case
04:36
to serve enthusiasts.
04:39
Because the charger's gonna come back
04:41
Maybe the Camaro come back.
04:44
I haven't heard anything, but boy, it'd be great.
04:46
You know, we have a Corvette ZR1
04:49
that's like 1,064 horsepower.
04:52
I mean, we're in this golden age.
04:54
We just needed to trickle down
04:55
to sort of more affordable cars for the rest of us.
05:00
And you know, I was just doing the podcast earlier
05:03
about I just spent a week driving a Hyundai Palisade.
05:08
Oh, that's a really terrific SUV.
05:09
And I'm like, this thing is gorgeous.
05:12
It exudes Range Rover goodness
05:15
and the hybrid version, good gas mileage
05:21
And it's, you know, the calligraphy version
05:23
with all the options, 60 grand.
05:25
I'm like, oh my God, for a three-row SUV
05:29
with that gorgeous interior,
05:30
it's like, you get a lot of car for the money
05:32
and you don't need to spend 60 grand on it.
05:34
That's their nicest version.
05:36
So there is some interesting stuff there.
05:38
The car that, the new car surprised me the most
05:41
And it was, I rented a new Toyota Camry.
05:43
It had like 500 miles on it.
05:44
I was like, wow, this thing is quiet.
05:48
And I checked the sticker.
05:50
I was like, I think I got 40 miles of the gallon
05:55
You know, it's interesting you said that
05:57
because I've got like an Arizona road trip planned
06:03
And listen, I love the car manufacturers.
06:05
They've been great to us over the last decade and a half.
06:09
We could pretty much call and go,
06:12
You know what we haven't driven yet?
06:13
Let's drive that and get pretty much anything out there.
06:17
I asked for a Honda Civic Hybrid.
06:22
Because you talk about a car, bang for the buck,
06:25
great gas mileage, $30,000-ish range.
06:31
And I was just like, I want to road trip that car.
06:35
Like I'm driving a, I'm going to get a Land Rover Defender
06:41
But for the trip, I was like, no, no, no.
06:43
I want, like the Civic Sedan, I think it'll do 47 miles
06:47
to the gallon, the Civic hybrid version.
06:51
Anyway, there's a lot of good stuff out there.
06:54
And you don't, I mean, that's why I'm surprised
06:57
how expensive the average new car is, $48,000.
07:00
Because I know it's insane.
07:01
We think of the car from the Maverick to the Civic
07:04
to the Camry to there's probably more even the Corolla
07:07
that we're missing.
07:08
And oh, the Chevy Trax is pretty nice little car too.
07:12
And so you don't have to spend crazy amounts of money
07:17
Even on the EV side, Chevy Equinox,
07:19
you can get for less than that $50,000 mark.
07:22
That's, you can get that in the 30s.
07:23
But Larry, thanks so much.
07:26
Before we wrap up, what's next on the docket
07:28
for Hagerty for you guys?
07:31
I mean, as we go into the new year,
07:32
we always think about, OK, what do we think is the big thing?
07:35
A big thing for us is we love history.
07:39
We love special cars.
07:40
So the 250th anniversary of the United States,
07:44
which is happening next summer, is a big kind of focus for us.
07:46
We're trying to figure out how to tell our stories
07:49
around that milestone.
07:51
And you know, there's so many characters
07:53
that are so interesting in the automotive space,
07:56
from James Packard to Louis Chevrolet to Durant to Henry
08:02
Ford and just trying to figure out how to tell him Shelby.
08:06
I mean, it's just a million.
08:07
And so what we try to do is find the stories that
08:09
haven't been told yet and, you know, bring that stuff to light.
08:13
So that's kind of what one of our focuses is for sure.
08:16
And it's been super fun.
08:19
Well, definitely keep in touch.
08:21
We'll have to have you back on maybe
08:22
with a little less time in between.
08:24
Yeah, any time, Matt.
08:26
Thanks for having us.
08:28
And everybody have a great holiday as well.
08:30
And until next time, keep the air and the spare
08:32
in the bag and the wheel.
08:35
Marriott Bonvoy is the official hotel partner of US Soccer.
08:39
Join Marriott Bonvoy today to get closer to the game
08:42
with exclusive perks, unforgettable experiences,
08:46
and benefits that go beyond the pitch.
08:48
Spring Hill Suites, part of Marriott Bonvoy,
08:51
offers complimentary hot breakfast
08:53
and spacious all-sweet accommodations,
08:55
perfect for the whole team, with room for up to six guests.
08:59
Make your next getaway a win.
09:01
Learn more at springhillsuites.marriott.com.
09:05
This isn't just a game.
09:07
It's a once-in-a-generation event.
09:09
The Harlem Globetrotters 100-year tour.
09:12
Celebrate 100 years of high-flying dunks,
09:15
100 years of showstopping moves,
09:17
and 100 years of changing the game.
09:20
Bring the whole family and be part of the legacy.
09:23
This game is once in a century.
09:26
Be there at MotorCenter on January 24th.
09:29
Go to HarlemGlobetrotters.com for your tickets
09:32
to the 100-year tour.
09:36
The idea of buying a car is exciting,
09:38
but actually doing it, not so much.
09:40
Dealers calling you, asking you when can you come in,
09:42
bait and switch sales tactics, yuck,
09:44
and you definitely don't want to spend an hour
09:46
listening to a guy named Rick check with his manager.
09:48
That's why CarEdge's AI Negotiator is a game changer.
09:52
It contacts the dealer and does the haggling for you,
09:54
and it costs less than taking gas.
09:56
It's powered by real-time market data
09:58
and trained to spot dealer tactics
09:59
and pricing patterns,
10:00
so it knows exactly what to push back on
10:02
to get you the best deal.
10:03
Here's how it works.
10:04
You pick the car you want,
10:05
CarEdge creates an anonymous email and phone number for you,
10:08
and then your AI agent reaches out to the dealer
10:10
on your behalf and handles the entire negotiation.
10:13
No weird phone calls, no pressure sales tactics,
10:15
and no, quote, I can knock $200 off the price
10:18
if you buy it today, nonsense.
10:20
The AI goes back and forth with dealers
10:22
until it hits the best price.
10:23
You get the full chat history,
10:24
full transparency, and zero headaches.
10:26
It's like sending in a car buying assistant
10:28
with zero patience for sales tactics.
10:30
You can try it today back at CarEdge.com slash AI.
10:33
That's CarEdge.com slash AI.
10:41
If you liked the show,
10:42
please take a moment to rate, review, and subscribe.
10:46
It really does help the show to grow.
10:48
Thank you for listening.
10:57
Want to give your host a gift?
10:59
Consider subscribing, rating,
11:01
and reviewing the show this holiday season.
11:03
It really helps the show grow.
11:05
From all of us at Believe,
11:07
have a merry Christmas everyone, and a happy holiday.