We have covered private collections for years, but this one makes them all look inferior. He knows more about cars than most historians, and his Big Dog Garage is filled with pristine examples from every era. so without further adieu…How Many Cars Are In Jay Leno’s Collection? Located next to the Burbank Airport, Jay Leno’s car collection has 181 cars and 160 motorcycles. The exact number fluctuates around these since he routinely buys and sells to prevent the collection from gathering dust. With your help, we will keep Jay Leno’s cars list up to date. How Much Is Jay Leno’s Collection Worth? Given the current market values, Jay Leno’s car collection is worth over $52 million. This doesn’t take into consideration the future values of his multiple restorations. His staff of master coachbuilders is always up to their neck in restoring classics. Not only for Jay, those who want their projects done perfectly are on the team’s waiting … [Read more...] about Jay Leno’s Car Collection
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Before Bruce Meyer was a founding chairman of the Petersen Automotive Museum, before he made his fortune in Beverly Hills, before he snapped up fabulous machines spanning a century of automotive exoticism, vehicles rich in history and provenance, before that, he was just a freshman at Berkeley trying to hide his motorcycle from his father. "My father hated motorcycles," he explained. "Hated them. I used to race a Matchless in TT Scrambles, which predated motocross. Very casual. There were no safety requirements. You had to wear a helmet. 'Course, I wore a jacket. Most people just had Levis and t-shirts." Meyer managed to keep his motorcycling a secret -- until senior year. "There was a Berkeley/USC football game before one of my races on Sunday. My friends and I, we'd all go to the motorcycle race after the game. A family friend saw me there and said to my parents, 'It was real nice to see Bruce at the race!' I'll never forget that call, when he found out. He couldn't speak, he was so … [Read more...] about The Bruce Meyer Collection: hot rods, hydroplanes, and a drug smuggler’s Testarossa
I have only come here seeking knowledge; things they did not teach me of in college. Indeed, I drove all the way to Palm Springs like a pilgrim on a pilgrimage seeking truth from the master. The master, in this case, was Donald Osborne, founder of Automotive Valuation Services, star of the “Assess and Caress” segment of “Jay Leno’s Garage,” and a highly sought-after consultant for people who are about to buy, sell or trade a car. What did I learn about car values after having lunch with The Master? My takeaways, and I might have been missing the point several times, are:1) No one really knows, precisely at least, what your car is worth at any given moment in every market2) There is no such thing as a “ballpark figure”3) In the end, you should just buy a car that you will like driving, not something you “think” will go up in value and make you rich.It’s more complicated than that, of course. Let’s wade right into some … [Read more...] about Classic car consultant Donald Osborne explains the value of your car
If you want to see where hypercars will be in 20 years, look no further. Our friend Mr. Koenigsegg realized at an early age that automotive technologies were poised for a revolution. We’ve covered the Agera RS and the Regera Ad Nauseum, but here is a quick rundown. The RS is the world’s fastest production car, with an official speed of 277 mph. It makes 1,360 horsepower and has a 7-speed sequential transmission. Find Out How Much Jay Leno’s Car Collection is Worth The other one is something truly unique. You won’t find a transmission anywhere on the Regera. Bolted to the flywheel is a billet torque converter that generates electricity. That voltage is sent to motors on each rear wheels to power the car up to 70 mph. At that speed, the converter locks up to the 2.73 differential for Direct Drive. Without gears or drivetrain loss, it is probably the most efficient car ever built. Click the link below to find your Koenigsegg and stay with us for all your Jay … [Read more...] about Christian von Koenigsegg on Jay Leno’s Garage
If your car isn’t a collectible classic like this one, expect it to depreciate once you drive it off the lot. DarthArt/iStock Editorial/Thinkstock As a general rule, a car should only be considered an investment if it's a collectible classic. Plenty of people try to justify taking out a loan for a new sports car or luxury car by saying it's an investment, but that's not the right way to think about it. It's true that some new cars actually appreciate in value over time, but those are exceptions to the rule, and they're unpredictable. There's really no reliable way to know which new cars will hold their value or gain more value, but it's a safe bet to assume they'll lose value. It's smartest to think of a new car purchase like an appliance. It's going to start depreciating as soon as it's legally yours. It's there to be used, and it might break, and it'll need repair. It's OK to spend money on something that's losing value (that's just the nature of owning a car), but it is … [Read more...] about Is a car really an investment?