Low Mileage Market

1982 Chevrolet Corvette coupe
Sold at $35,200
RM Auctions, Fort Lauderdale, FL, March 29, 2019, Lot 1016
VIN: 1G1AY8782C5105503

Why is it that low mileage can double or triple the selling price of any vintage car? Sure, a low-miles Mopar convertible with a manual transmission I understand. But that well-preserved Pinto with 4k miles for $35,000? Not so much.

Vehicles like this belong to, as I call it, the “What the Hell? Club.” The latest addition is Read More

Value Dive of the Tri-Five

1957 Chevrolet Bel Air 2-dr hard top
Sold at $56,000
RM Sotheby’s, Phoenix, AZ, January 18-19, 2018, Lot 219
VIN: VC570163461

One of the more controversial moments of this year’s ACC Insider’s Seminar at Barrett-Jackson came when Carl Bomstead called out Chevrolet’s Tri-Five cars as one of his two “Sell” picks in the current market.

There’s probably no more iconic classic American car than the 1957 Chevrolet, and for years, they’ve been safe bets in terms of Read More

Should You Buy a Cosworth Vega?

1975 Chevrolet Cosworth Vega Coupe
Sold at $13,750
Mecum, Phoenix, AZ, March 15, 2019, Lot F91
VIN: 1V77E5U215244

American car manufacturers applied the “no replacement for displacement” mantra when designing cars up until the 1970s, when the growing demand for fuel efficiency and government-required emission standards all but ended the life big-horsepower, big-displacement V8s.

Chevrolet adapted by releasing the uninspiring 80-ish hp Vega in 1971 — a low point in Chevy history that remained until 1975 with Read More

In Need of Space

I live in a small house with a one-car garage that’s nestled within the confines of a bustling city, but I dream of owning a giant shop someday.

My mechanical wares swamp my existing footprint to the extent that I’ve already overtaken one neighbor’s garage, and I’m working on the other neighbor now. I do the best I can with what I have, but something has to change.

When a friend recently asked me why, I realized the answer is a Read More

Reflecting in the Chrome

This month’s “Readers’ Forum” question is all about project cars. Why is it that gearheads tend to like to restore old cars when the math rarely works in our favor? Making an old car new again can take years of time and thousands of dollars even for a DIYer, so what makes all the work and trouble worth it?

Some of you clearly (and correctly) pointed out that it isn’t worth it. Buying a car that’s already done just makes Read More

Downmarket Fun in Monterey

The 2019 Monterey auctions will go down in the books as a downturn year. Sure, there were a few spectacular sales, but compared with recent years, almost all numbers were down. Yet for some of us who ply in the lower end of the market, all we have to say is, “Welcome back.” As far as the lowest sale for an American car at each auction venue, things actually looked pretty good — especially if you are a fan of Read More

Turbo-Boosted Investment

1982 Pontiac Trans Am KITT
Sold at $66,000
Mecum Auctions, Harrisburg, PA, August 2–4, Lot S139

A few years back, I was reviewing cars at an auction for Sports Car Market with a couple of older friends when we happened upon a Knight Rider KITT conversion. Everyone else in my group laughed at it. I secretly wanted it.

Why? Because I was a kid in the 1980s, when David Hasselhoff was Michael Knight, and his jet-black Read More