A busted car theft ring has turned up a vintage Cadillac once owned by one of the Magnificent Seven. The five-finger-discount drivers out of Colorado, headed by Jeffrey Earle Piper, would steal expensive rental cars, change their VIN numbers and "sell" them. The new "owner", who was in on the whole thing, would then report "his" car stolen and collect on the insurance policy. One of the cars found among the loot: a $133,000 1959 Cadillac – looks like a Series 62 convertible – that once belonged to Steve McQueen. It's other claim to fame: a guest spot on the TV show MacGuyver. The mystery we're still trying to solve is which one of its owners put the Yeti pelt over the driver's seat?
While on a recent trip to San Diego to ride some dirtbikes, we decided to check out some the sights that the city had to offer. Of course, being the car-obsessed nerds individuals that we are, it didn't take too long for us to end up at the San Diego Automobile Museum. Tomorrow, we'll bring you the best of what we saw on two wheels, but today is devoted to the cars. From some of the earliest four-wheelers (and three-wheelers) right on through to some Italian exotics from the '60s, '70s and '90s, there was plenty there to keep our interest. Our favorite has to be the rear-engined Tucker from 1948 -- very cool. We've assembled a gallery of pics below and have captioned them where appropriate.
The Woodward Dream Cruise has been a very professionally run event for most of the past 13 years, but when it came time to check for updates on the Dream Cruise website, it was amateur hour. That has changed, as the rip-roaring event has been given a more modern website with easy to traverse navigation and cleaner graphics. The site also includes a new blog that features the ideas and knowledge of the Dream Cruise leadership team.
Team Dream Cruise also wanted to feature an all-new logo that captures the spirit of an event that hosts a million people and 40,000 vintage hotrods. The team hand-picked former GM Design Director Dick Ruzzin to come up with a classic yet contemporary design that gives props to the classic car, while also providing the event an extra touch of class. Ruzzin chose the classic 1930's roadster as the new face of the Dream Cruise, and we'd say the end result is a job well done. Click on the gallery below for Ruzzin's progression from first sketch to final product, and click the link below to visit the Dream Cruise website. The actual event takes place Saturday, August 16th, and you know we'll be there.
Although most people don't realize it, Southern California does indeed have seasons. Sure the weather may be sunny and 70 all year-long, but there are most definitely seasons. We happen to be in the middle of concours season right now, with classic car shows popping up like, well, like poppies. The classic car fan is completely spoiled for choice out here, with shows occurring in Los Angeles, Long Beach, and in Huntington Beach just this past weekend. We already showed you some of the highlights from Los Angeles, and now we want to share a bit of HB too.
Now in its 23rd year, the Huntington Beach Concours d'Elegance is a much more casual event, with cars sprawled around Huntington's Central Park, in the shadow of the Central Library. It feels much more like a community festival than some of the other concours, but still has some top-notch machinery being judged for awards. Spread over two days, showgoers got to see muscle cars, woodies and hot rods on Saturday, while the motorbikes, European classics and exotics joined the featured Corvettes on Sunday. Celebrities on hand included Kar Kustomizer George Barris, Fireball Tim Lawrence and KABC car expert Dave Kunz. Not quite Pebble Beach, but a lot cheaper and just as fun for the spectators. Check out the gallery below to see everything from a Sport Pack Mini to a Lamborghini 400GT, a '50 Merc to a Fiat Abarth, and everything in between.
John Draxler has loved Ford's personal-luxury coupe for decades, and he's been a tremendous resource for the Thunderbird community for nearly as long with his Thunderbird Ranch operation. Located in Wisconsin, the Ranch could be over-simplified as a yard full of Thunderbirds, and the Badger State thinks it's a lot more complicated than that. Wisconsin has determined that the Thunderbird Ranch is really a salvage operation, and called for all sorts of permits and fees. Rather than deal with the hassle and the expense, Mr. Drexler is razing the ranch. Now would be a good time to get those parts for your '57-'88 'Bird, or possibly even pick up that entire project car. Act fast, or the offer from the scrap metal yard will likely win out.
City of Long Beach police cruisers were movie stars in the original Gone in 60 Seconds film. The 1970's cult classic featured the black and white playing chase with a 1973 Ford Mustang Mach 1. These days, though, the officers use more efficient methods to capture muscle cars; they invite them over for a fundraising car show. Over the weekend, the Long Beach Police Academy held a classic car show to benefit the department's K9 Officers Association. A few dozen impeccable examples of automobile preservation took over the grounds of the Long Beach Police Officers Association Park. Not to be rude hosts, the organization even showed off an old Dodge Cornet and Model T police cruiser amongst the numerous Bel Airs, Mustangs and Vegas.
Browsing through the rows of vintage automobiles wasn't the only event incentive for us to attend. The Orange County German Shepherd rescue showed off dogs available for adoption and the K9 officers put on a training demonstration. As a new GSD owner, I could not resist the combination of sleek cars and furry wet noses. The dual purpose car show/charity event is always a relaxing way to spend a Saturday afternoon. Be sure and check out the event gallery in the link below.
In California, home of the strictest car emissions regulations in the U.S., cars produced before 1976 do not need to undergo smog testing. California State Senator Dean Florez has proposed legislation that would remove that exemption for cars registered in the San Joaquin Valley Unified Air Pollution Control District.
What would that mean if it were passed into law? It would mean that as of January 1, 2009, any car registered in a rather large swathe of central California -- from the 1974 Maverick to the 1929 Model A -- would need to pass every current and future smog test. If it didn't, it couldn't be driven.
It is theorized that the move comes because state authorities have missed their air quality goals and are now looking at targeting a tiny fraction of cars. Living in LA, we can't speak for Central California, but most of the pre-1976 vehicles we see here sound and run better than the glut of 80's Toyotas puttering down the streets. What vintage car owners fear is that if the legislation becomes law in the San Joaquin Valley, then it's only a matter of time before it gets adopted everywhere.
Those who follow the classic car market are probably not surprised to hear that prices of vintage Detroit iron, especially those cars from the muscle-car era of the mid-'60s to early '70s, have shot up in the last several years, outperforming both the Dow Jones Industrial Average and the S&P 500 Index, according to NADA Guides. Classic cars valued at over $125,000 performed the best, on average, by appreciating 47 percent between February 2004 and February 2008. By way of comparison, collectible cars in general increased in value at an average rate of 36 percent. Sounds like a good rate of return to us!
For those interested in the collector car market but who don't have deep enough pockets to afford some of these high prices, NADA Guides' research shows that the market has begun slowing in the last year and that even the lower-priced cars of $25,000 or less are increasing in value at a good clip.
Of course, Autoblog is not making any suggestions on how you should manage your money. If you are truly interested in getting in on the auction action, you may want to contact a professional. We imagine, though, that as time goes by, classic vehicles are only going to become rarer. Although new classics seem to sprout up all the time.
