This car auction generally offers around 120 rare, exotic, and/or historically significant cars each year at their event in Scottsdale. Among the lots this year were several Ferrari's from the Tony Shooshani collection, a lot of vintage Porsche that sold for less than usual, and some things from Jerry Seinfeld's garage that I may or may not have touched. So, as you can imagine the population at this shin-dig is mainly comprised of an unreasonable amount of people wearing salmon pants who seem to have more money than sense and then there's me. I'm just there for the fun of it (and austensible to do "market research" [happy to report that the market for Jags is still good but prices for Land Cruisers look a bit soft]). Usually there are one or two vintage Volkswagens that go for an eye-popping amount, but this year there wasn't.
At any rate, one thing I have noticed about the cars at this particular auction is that by-in-large these cars are "restored" and traded like commodities or pieces of art. They aren't really expected to do anything, just sit there and appreciate. I'm not really an expert in any sense regarding most of the types of cars they sell, but I do fell like I know my around a vintage VW or Porsche. And as prices for those cars has skyrocketed over the past few years I've noticed a troubling trend (not on the level of world hunger or anything, just at the level of a personal annoyance so get ready). Let's take an early Porsche 911, say like this one:
On a happier note, due to the horrific storm that was raging back in Nevada, rather than come home on Sunday I took a nap on a lounge chair in the 70 degree sunshine and proceeded to nap until Tuesday when the roads and skies were finally clear enough to make the trip. I did eventually have to come home to this though:
Still digging things out, but at least the sun is shining! Thanks winter......