Market Intelligence
The three TCCT Virtual Garages grow
This article follows the stories of three car collectors with different budgets and tastes, dubbed "The Wealthy," "The Sober," and "The Cautious." Each collector visits various auctions worldwide and purchases a number of cars for their collections. The article lists the cars that were bought by each collector and explains why they were chosen. It also explores some of the reasons behind their buying decisions, such as market trends, car use, and available events. The article concludes with an editor's choice car that was not bought by any of the collectors but is still worth mentioning.
The Wealthy, the Sober and the Cautious. We could call them the three main characters of our story that we’ve commissioned to create three collections of cars purchased at auctions in 2021 from scratch, each one with a different budget. We mentioned Sergio Leone’s famous film, The Good, the Ugly and the Bad, not because our three characters have to fight each other but, in a market that’s becoming quite robust, hunting down a great deal requires talent. How do we intend to build these collections? Simple, each one of our three characters has a large garage to store the cars in. The style of the three garages is different though: the Cautious one, who is very careful about spending his money and who only chooses cars below the one hundred thousand euro mark, has a beautiful painted wooden garage attached to a country farm. The Sober collector, who directs his purchase choices towards cars that fall within the one- to six- or even seven-hundred thousand euro bracket (once again with tolerances in line with the capital he’s prepared to invest), has found himself an abandoned industrial warehouse from the 40’s out in the suburbs. Our Wealthy collector is in another league, with his large storage space in Gstaad, in the Swiss Alps.
**Our t****hree collectors** **began their collections** at Mecum in Kissimmee, Florida, RM, Bonhams and Gooding in Scottsdale, Arizona. Then they moved to Artcurial’s in Paris, and RM Sotheby’s, the other Parisian auction held in February.
Their “virtual garages” continue to grow after Gooding and RM online, ACA for bargains at low prices, finishing with Bonhams in Paris few days ago.
