No-Reserve Ferrari 250 GT SWB Berlinetta at RM Sotheby’s Monterey
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The world’s most expensive car is at the center of a High Court battle between a dealer and an American collector, as a judge must decide who is entitled to the $48 million vehicle’s gearbox. Gregor Fisken, 55, a London classic supercar trader, bought the 1962 Ferrari 250 GTO in October 2017 on the understanding that its missing original gearbox would be sourced. However, when the seller, Bernard Carl, a Washington lawyer, failed to hand over the part, Mr Fisken sued for breach of contract.
Daily driver (Stated Value) insurance is well suited for your daily driver car that is depreciating in value, but your custom or restored collector car that is going up in value, needs different (Agreed Value) insurance coverage. Do NOT lump your daily drivers and collector cars on the same policy! In the event of a claim for your collector car, you could be greatly disappointed!
This one owner from new 1963 Chevrolet Impala was stolen from a car show in California! Reminder that all classic, collector and antique vehicles should have an up-to-date replacement value appraisal for their agreed value insurance policy. For auto appraisals in South Florida call/text: 786-853-0711
A very original 1969 Lamborghini Miura P400 S brought $1.6 million and was high sale at RM Sotheby’s 13th Annual London Auction on October 24. Is your collector car adequately insured? Get it appraised!
Motorcycle appraisals in South Florida for Pre-Purchase, Financing, Insurance Replacement Value, Total Loss or Diminished Value purposes. Whatever your motorcycle appraisal needs are in South Florida, John or Tom can help. Text/call: 786-853-0711
This stunning 1954 Buick Century Convertible is now on its way to a new owner is California! Need a collector car inspected? https://southfloridacarappraisers.com/pre-purchase-inspection-miami-fl.html
Bring A Trailer is increasingly becoming the GO-TO on-line site to buy or sell a collector car. This No-Reserve 1967 Austin Healey 3000 almost complete project is going to a new owner in about 24 hours!
Monterey Car Week 2019 is over, with sales totaling $246 million — down from 2018’s $375 million total. These auction houses have released preliminary totals.
A 1931 Bentley 8 Litre Gurney Nutting Sports Tourer won Best of Show at the Pebble Beach Concours d’Elegance. The Hon. Sir Michael Kadoorie owns and showed the Bentley.
Has your vehicle been damaged in an accident? Total Loss, or repaired now with Diminished Value?