Mondial QV owner. Considered a Testerossa, 456, 348, 355. TR is too sedate a driver and the differential likes to take out the trans, 512TR was out of budget and at its price I'd have bought other cars. 355 outside early euro models have power steering which was not great. The engine has some prices ways it can blow up. 348 didn't seem like it was worth having to pull the engine for, parts are more, transmission is a weak point if memory serves. 456 is needy even by ferrari standards. Mondial is easier to service besides the T. Parts are cheaper. No power steering. Engine and transmission are robust. I like how it looks, but not as much as a the others I listed above. As a driver it is not fast, but none of them are anymore. It is engaging and fun which is what I wanted.

Thank you for this smart and eloquent content. Will never own any of these cars but fun to listen along.

Rationality? I think classic car _ownership,_ is quite different to classic car _investment._ Desiring to own and drive a particular classic car/s, and then buying it? The context is *you have the thing you desire, or you don't you.* In and of itself, this is rational. However, hoping to make money from owning a classic car/s? The context is the *range of investment strategies, more likely or less likely to be profitable than classic car market speculation.* This particular strategy is indeed, irrational.

Only car I can think of that is worth 2x more with a rare color might be the terminator in mystichrome. Assuming everything was the same as say an Oxford white termi

Cars are very seldom an investment. Even if they appreciate, the holding costs are high. The economy is collapsing hard, and the “collectors” are aging out. Today’s 30 year olds aren’t likely to covet ancient mustangs and cameros.

Rode mixer was star of the show.

Was he talking about " Joy and Pain" by Frankie Beverly and Maze?

Jason’s rationale is why I bought a Miata. There are faster cars, but I’ve never driven something with more “clarity of purpose.”

In the Uk the prices are on the way down

Here's a novel idea, don't live in a communist state if you are a car person. If you choose to stay there then you loose the ability to complain about in my opinion.

Lol at the Toyota

Interesting take on 2 vs 3 pedal cars. I'm 67 and grew up driving manuals. My wife is 47 and cannot/will not drive a manual. At this point in my life I don't want a manual for my daily driver.

It feels surreal to be watching this and glancing at a low mileage Laguna Seca Blue E46 M3 with slick top and blue interior down from my balcony. One of my neighbours dailies it because... why not?

STOP TELLING PEOPLE ABOUT ALL THESE HIDDEN GEMS, PEOPLE WILL MAKE THEM EXPENSIVE TOO. STOP IT STOP IT STOP IT STOP IT STOP IT STOP IT STOP IT

Jake from State farm is the unsung hero of this podcast! Also "Allah" just came out of nowhere in this conversation haha

For what it's worth to anyone considering, I actually ended up picking up a Hagerty policy for my weekend car & joined the Driver's club while I was at it. It took less than a hour from quote submission to underwriting, and Hagerty offered the best terms for my multi-decade old car. The magazine is incredibly cool, although I'm clearly much too poor to be part of the target audience. Either way, the incessant reminders worked on me.

An Imola Orange S2000 sold for $101k on BaT. That’s the only other example of color bringing in close to double on a car.

One important thing to understand when hearing someone's review of cars made in the 21st century is; almost all of them have adaptations that they need to go through in order for them to drive the way they were designed to, and the reviewer or vehicle owner may or may not have been aware of them. The car may in fact have multiple systems that need this done. The example I use to illustrate this is early traction/stability control systems. Nearly all reviewers in the early years for these systems complained about how abruptly they cut power, and the delay to power returning. This was caused by people forgetting to turn it off before trying to do a burnout, with those systems on, and the system not being reset. They can be very smooth. I assume the same is true for a single clutch auto. If it's not properly "trained" then it probably works pretty badly and wears the clutch quickly. It's definitely true for Automatics, and engine ecus, that they have adaptations and won't drive properly if not "trained" properly. A good example for ECUs is 2000s Hondas. Most of them required the "Idle Learn Procedure to be done, or the driveability would be poor, and mpg would suffer, it has to be done any time power is lost to the ecu. Like disconnecting the battery.

The slowest car I have driven is my E-golf in Eco+ mode, where it only makes 74 HP. It's still faster than most other cars accelerating in traffic though.

Amazing how people come on here and claim market is rational now. Guess he doesnt actually look at transactions

Buyers market? Prices are above two years ago for enthusiast cars

31:50 Holy moment was enjoyed. May God bless you brothers

OTS ? is this a joke right slow tonight

😅😅😮😮😅😮om..mm.m.m....mm.....m.....mmm....m.....m M. .....m.m..m.m..m...mmm..mm....l . Ll😅😅😅

what jason said about it getting harder to find classic cars as they age into being collectible applies heavily to germany. with an oldtimer no matter the engine size the road tax is a flat 200€. for example i pay 300€ for my 2003 diesel golf wagon. as soon as e39 and e46 that get heavy penalties and cost up to 1500€ per year in taxes reach the oldtimer threshold they will ramp up in price because they are much more affordable to own.

Dude . . . One sided conversation. Ramble on . . . Breathe . . . Jeez . . .

My shirts shipped but they're not here yet, was hoping to wear one for this pod!

Was great meeting you at Radwood!

Doug Demuro and Ed Bolian are the biggest peddlers of market manipulation.

From talking with my grand nephews/nieces I found they were initially drawn to performance cars by playing computer games such as Forza, Gran Turismo etc. and less so motorsports.

I just realized so many parallels exist here with the art world. (i intentionally didn't limit that to the art Market) The Believers, connoisseurs, fad followers, speculators. Thanks for all that you do.

I'm feeling ill...

The intro had the awkward eye contact and table staring you would see at the blind date of two horny, socially awkward teenagers.

i am already seeing a new group of car enthusiasts who arent obsessed with manual (muself included) and only buys single clutch or dual clutch supercars. Many of them are over 40 as well. This group of pple generally came into the car hobby later in life after their career is established, so they only had autos ever since they know how to drive, or had manual cars forever but as they age start to prefer accessible, safe, easy performance (like mclarens or modern porsches) over cars that you have to work hard to enjoy. You dont have to wait 20 years for these cars to become desirable, they already are (just look at early mucies and scuderia)

Derek posing the question to figure out where car enthusiasm comes from with the current younger generation and asking if it was motorsports that develops these lustful feelings for cars, I think the answer is all the racing video games like Gran Turismo or Forza motorsport or similar. The "favorite car from video game" is the new poster on the wall. And kids driving todays sports cars on video games will grow up wanting those cars because they already fetishised them in their young years. They get the sounds from the games, they get to see all the curves of the cars, they get to compete them against each other and argue over which one is better than the other one. It has to be video games! I think it would be great if a younger enthusiast like Derek or even Jason spent some amount of time playing these games just to try and get this reference point and peek into what the younger generations are already doing with their Car Hobby. You know, try to bridge the gap a little bit.

Any car who's price is affected by the "market" is a car I won't bother looking at.

I imagine that Derek's car clubs meet at a speakeasy, uniform includes a hat and tie, and everyone's in black-and-white because Kodachrome hasn't been invented yet. Never change

start collecting early EV'S like perhaps a BMW I3's

Where can I buy the shirt Jason is wearing? I need one.

I never thought I'd own a 2-pedal weekend car, but then I drove a 2015 Vanquish, fell in love, and bought it. Now I'm considering converting it to manual.

Since Allstate bought Hagerty their rates tripled in the last three years. Boycott them until they return to their senses.

Bandwagoning is what's making E36s expensive now IMO which matters to me because I own the basest one, a 316i my dad bought new. I think as older cars get more expensive too so do the priorities of the owners, preserving the car and putting better parts on it but at the same time the cars (especially Euro M3s) have been ragged to hell since they were sub 5k cars for such a long time. I think that's the great... irony? of the market.

Derek wasn’t quite right on the rolling 30 year emissions exemption. Before 1997 or so, there was no emissions exemption. After a lot of car club and enthusiast pressure, SB42 was passed to make it a rolling 30 year exemption. It was originally 25 but to get CARB to sign off it was changed to 30 and that was enacted. And then years later when no one was paying attention, CARB quietly got the exemption eliminated.

The boomer vintage hotrod stuff will stay at least somewhat popular as long as the CA smog exemption stays at 1975 and back. I'm solidly in the radwood generation, but am always looking at older stuff to play with. Spent way to much effort keeping stock early 90s stuff snogged and legal.

I mean, Midnight Purple on a GTR probably pulls a huge premium. IDK that it's double every other color. Admittedly, I haven't checked that this is actually the case.

Give it to me straight guys, how much will my Nissan Altima cost in 5 years? (121K Miles)

Yeah, don’t try the windows-raise-at-100mph feature in your E31, Jason - years ago I did that in mine and because of the outward suction aero effect at that speed, the rising windows sliced into the window rubbers, which then needed replacing - which is a ghastly job in that car, and they were never quite right ever again… looking forward to your E31 content, btw! There is one B12 5.7 coupe in the US, I believe - any chance you might try to track down the owner? Those cars are even more awesome than your CSi!

These guys are a couple off camera… that’s my guess

Laguna seca blue were the dealer demos, which were at dealers before any m3 could be purschased. Funny how the cars that no one wanted at the time are worth more.

"I'd buy a 10 million dollar car." -Farva "Good investment, but I'd still pull you over." -Ramathorn