Beautifully unrestored or complete hunk of junk. While age makes some cars seem majestic, others simply look … old. And that can affect their price on the resale market. On a recent episode of CNBC’s “Jay Leno’s Garage,” world-renowned auto appraiser Donald Osborne and Jay Leno evaluate three untouched classics to see if the effects of aging impact their appreciation value.
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Classic, muscle cars roll out at end of Daytona Turkey Run
While exact numbers weren’t immediately available, she said the crowds this year were on par with last year’s event, which drew about 151,000 people.
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Ralph Lauren’s Classic Car Collection: Art You Can Drive
Ralph Lauren began sewing neckties out of a cramped rental in the Empire State Building in 1967, inspired by European cuts and determined to shake up American menswear. Within five years, his line was retailing at Neiman Marcus and Bloomingdale’s, and his first freestanding Polo boutique opened on Beverly Hill’s ritzy Rodeo Drive in 1971. Before long he began collecting cars. Some of his earliest purchases were his 1971 Mercedes 280SE 4.5 convertible, a 1979 Porsche 930 and a 1955 Mercedes-Benz 300SL Gullwing coupe bought in 1983.
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WHEN CARS RULED THE NIGHT: NEW YORK CITY, 1974-1976
e of the things that used to make America so distinctive was its cars. If you lived there, you would really have to go abroad for a while and then come back to appreciate the difference. In most countries of the world, cars were modest things, little bean-shaped units designed to take two or three people from here to there. In America, cars were real estate. They were enormous boats in which you could eat, sleep, make love, change clothes, throw parties, maintain an office, practice unlicensed dentistry—or take your six best friends out for a spin. They were a testament to America’s unlimited natural resources: oil, steel, rubber, naugahyde, and, above all, space. American cars could be so huge because the nation’s highways were endless, its city streets were wide, and there was abundant free parking everywhere you went. And that included New York City then, since most of its population took the subway.
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