Mercedes-Benz Auctions
Recession and Scottsdale
Thursday, January 24th, 2008QUESTION: John, a question on a lot of minds this month: Can we expect collector cars to follow weak real estate and/or a bearish Wall Street? OLSON: Not as much as you might think. While anyone in financial straights may be forced to dispense (temporarily) with their hobby it is also true that:
Cars are […]
Car Auctions, Buyer Beware
Friday, September 21st, 2007Source: SL Market Letter #311 Author: John Olson
I still remember my early auction experience 25 years ago, trying to buy a 300SL at a well publicized annual extravaganza then held in Oklahoma City.The car had a magnificent paint job, but was buttoned up tight with only a number on its windshield announcing its auction […]
The Dark Side of Auctions
Monday, January 8th, 2007Source: SL Market Letter Vol. II, No. 068, January 2007 Author: John Olson
This is THE BIG WEEK in Arizona… the land of annual records in attendance (250,000 expected), in volume of collector cars offered (over 2,000), and in record prices. With new records set for sales every year appeal is strong for sellers. Buyers are […]