TMCP #569: ASK RICK: Best ROI on Auction Cars and How A Presidential Election Affects Restoration Parts Sales
Rick’s Take on the Presidential Election 2024:
Every four years we experience a Leap year and another round of picking a new president. With this event comes another round of presidential ads, throwing of mud, and an substantial amount of finger pointing. I have heard many times in the past from suppliers regarding their outlook on the future around an election cycle and many will stop any unnecessary spending based on the uncertainly of the outcome of an election. Some will even cut out expensive trade shows (SEMA included) that they would normally attend in an attempt to save up for the rainy day they believe is headed their way.
I decided to ask Rick what his experiences were regarding this phenomenon. NPD is run very conservatively and keeps higher than normal reserves for low times and fluctuations in the market so Ricks response was very interesting. He said that he does indeed notice a flattening in sales in relation to a Presidential election. That said, it’s not just at election time, but over the whole election year. It seems like everyone gets nervous and holds back on spending. Once the whole thing is over and the parties have been decided, Rick says that people generally go back to buying for their hobbies and it is back to business as usual.
TMCP #564: 15 Year Anniversary Throwback – The Time I Landed Richard Petty, The King of NASCAR!
It is hard to believe that in May of 2024 it will have been fifteen years since I carved out a hole in my basement and started recording this podcast! Many listeners have tuned in and followed along as I met people from all across the automotive world and simply asked the questions we all wanted to know about business and cars. I had no idea that 15 years later I’d still be in the business, nor did I have a clue what a life defining thing this would become. In a nutshell, this podcast (and you) have changed my life.
I am blessed to have started the show during the pre-podcast boom and have been able to use it to go places and see things that were far above my punching weight. I’ve had backstage passes, met stars, and attended events with all of you listeners along for the ride. I’ve raised a family along with way too, lost a parent, and had the chance to build and drive cars with my best friends. You have given back to me with friendship and support for chasing my dreams while creating a place we all can enjoy, The Muscle Car Place.
Many great and exciting things have happened since that start but one of my most memorable was getting to talk to the King himself, Richard Petty. At the time the “new” Challenger was still fairly new, and who knew it would go on for another twelve years and the most amazing cars that were not even imagined yet. It was pretty exciting to see Daytonas once again on the streets, even if in limited numbers, as Petty Garage made special editions of the Challenger with the iconic nose and wing of the NASCAR heydays. I did get to ask him about his racing career and recorded every glorious second of the conversation in Episode #76 way back in 2011.
In every great sitcom there is the throwback episode where they queue the wobbly lines and memories from previous episodes come back based on a vague story line. This week the throwback episode, is my interview with Richard Petty. Enjoy!
TMCP #563: ASK RICK – 2024 New Years Business Goals; How to Get the Best ROI for Buying and Selling at the BIG January Auctions!
ASK RICK – 2024 New Years Business Goals; How to Get the Best ROI for Buying and Selling at the BIG January Auctions!
TMCP #561 – Muscle Car and Corvette Nationals Show 2023 – The Greatest Muscle Car Show of the All?
Welcome to the first ever show from the streets of Chicago at the Muscle Car and Corvette Nationals show (MCACN). Ryan Brutt, the Auto Archeologist himself, brought out man Scotty Stap into the event to get a deeper look at what has become the premier annual muscle car event in the country! MCACN is a unique show in that both original, unrestored, barn find, and rare/oddball unique muscle cars are curated along with barn finds, specialty restoration parts suppliers, and everything in between! Thanks to Ryan we also secured a significant interview with Bob Ashton, the Managing Member of the show. We last had Bob on in the show in 2015 (Episode 265), so we were definitely overdue for a catchup!
TMCP #558: SEMA Show 2023 Special #1: Roadster Shop and Aeromotive BIG Future Plans – Superformance Celebrates30 Years of Cobras – E-Musclecar Electric Muscle Conversions – TV’s Chris Jacobs and Finale Speed – Jason Engel: Consulting in Shelby Licensing
TMCP #558: SEMA Show 2023 Special #1 – just for car builders!
Roadster Shop and Aeromotive BIG Future Plans – Superformance Celebrates30 Years of Cobras – E-Musclecar Electric Muscle Conversions – TV’s Chris Jacobs and Finale Speed – Jason Engel: Consulting in Shelby Licensing
TMCP #557: Ask Rick – Thanksgiving 2023 – OEM EV Strategy Change – and SEMA 2023 Winners!!
TMCP #557: Ask Rick – Thanksgiving 2023 – EV’s Are Slowing Development – and SEMA 2023 Winners!
TMCP #554: Ask Rick – Whats The Big Deal About SEMA? – UAW Strike, The Real Flaw In The System – Henry Ford “X” Engine – Listener Questions – Cars Picks of the Week
It is now October so be on the lookout for ghosts and ghouls at Halloween. This is time for costume parties, trick or treating, and another riveting Ask Rick segment were I ask him the tough questions that not everyone wants to hear! As always Rick delivers sage advice and wisdom founded in years of buying and selling classic vehicles. In this episode we waded into the topics spanning from “how do I store my classic vehicle” all the way to “how do we fix our broken governmental system.” As always the answers are entertaining, polarizing, and sometimes surprising.
K&F Show #274: Zip Tie Drags and the UAW Strike; Dukes Review S2E8 “Hazzard Connection”
Presented with Holley!
Christmas is just around the corner…..and Santa is making his list and checking it twice. But lets be honest; do you really want to leave this one up to St. Nick? He’s a nice enough guy of course, but at this point he’s trying to help every kid on the planet while simultaneously not having to pay gift tax to the Feds on all of it. The IRS will get everyone, brother!
Do yourself and SC a favor, just visit www.holley.com and signup for a chance to win what you really want; a Sniper 2 EFI Master Kit!! Here’s the link you need, and be sure to tell them that we sent you!
https://www.holley.com/products/fuel_systems/fuel_injection/sniper_efi/sniper_4-barrel_systems/sniper_2/
K&F Show Summary:
Bo and Luke get conned – accidentally – by Cooter – into driving for a bad guy that’s being watched by the stage police, and possibly the feds. What’s he being watched for you ask? Human trafficking? Meth manufacturing and distribution? Ponzi schemes designed to keep little old ladies out of the old folks home and living in the gutter? No….none of those….he’s doing something far worse. This piece of human scum…..is selling…..stolen racing engines! He hides these sweet engines in demo derby cars to transport them out of the county and state, which keeps the feds easily at bay.
Bo and Luke get accused of being a part of it….and they have to drive demo derby cars as a result. And we dear viewers get treated to the sloppy General lee preparation that we love most in this early seasons, including the General Lee I love most – the one they pull up in the race track in. Paul Baxley brings in outstanding camera shots and jumps that would win him an Oscar today, and all is right with the world. 14-inch vectors for everyone!
K& Rating: 9.5 CornDogs.
National Parts Depot Presents: Bernie on the News! https://www.npdlink.com.
Patreon Peeps, the year 2023 will be an important one for Patreon specifically, and if you’d consider jumping up to the $5 level it would sure help. The $10 level will remain and we now have a brand new $20 level as well! All members who join at that level will receive a sticker swag pack in the mail, you’ll be IMMEDIATELY entered in the monthly prize grab, and you’ll receive a phone call from one (or all) of us to chat up whatever you want for 30 minutes! Thank you SO MUCH to those of you who have joined in for the extra content that is only for Patreon supporters. To get in on the action and support the show with a minor financial contribution just click the link below to sign up. http://www.patreon.com/kfshow.
Check out the brand new KF Show Shirt! It’s the CNH 320 Edition: https://teechip.com/themusclecarplace.
TMCP #552: Ask Rick – Is it Wise (or Possible) to Have Collector Cars as Your Retirement Investment?
It is September and football is back!!! It is also time for another riveting Ask Rick segment were I ask him the tough questions that not everyone wants to hear. As always Rick delivers sage advice and wisdom founded in years of buying and selling classic vehicles. When it comes to cars as investment, possibly a with a great ROI, Rick has strong opinions and advice here. Can it be done? Short answer; yes! Should it be done? Long answer……maybe.
As with all things, it depends what you understand and where you can make your gain on the purchase of the car initially. For Rick and his dad, their collection has immense value today of course, but every car in inventory was chosen for it’s specialness to the Schmidt’s not as a hedge on a great investment. They chose high quality low mile original cars and didn’t just stick to muscle cars. Their collection has many examples of unique rare American cars that have less than 1000 miles (think Rivieras, Eldorado’s, and Lincoln’s).. Some have interiors with the delivery plastic still in place! Others are beautifully restored treasures. Today, it’s paid off. Technically, it could payoff if they ever chose to sell….which they almost never do!
K&F Show #267: Dallas Tex-Mex and Boston Slang; Dukes Review S4E11 “Goodbye, General Lee”
Presented with Holley! Holley Holley knows EFI. And Holley knows their EFI. But do you know the EFI that you need from Holley? Chances are you have visited their website to buy a super simple Sniper system, with all the bits and trimmings needed to make your life to simple…and were overwhelmed, called in sick to work, etc. Well no more! Holley has a handy EFI selector, so just click here to take the test (you’ll pass) and figure out what you need!
https://www.holley.com/selectors/sniper_efi_selector/
Just visit Holley.com to peruse and view for yourself and be SURE to tell them that we sent you!
KF Show Summary: If there were ever an episode where I learned the love of a good car, it was this! Luke gets hypnotized into selling the General Lee so that Boss can have it demolished (i.e. murdered) and out of his life, once and for all. And as the smartest and best shot Duke boy….he does what no one else could do; not Boss, Rosco, Uncle Jesse, the President of the United States, or even Bo…..he gets rid of the General. And by doing so unknowingly sentences the General to death. And when it looks like the General is indeed doomed, Cooter without hesitation gambles his life to get the General back – and wins. And then Luke comes to his senses. And then he without hesitation gambles his life to save the General. And wins. All to save the life of a car….that as we know is just an inanimate object, but for some reason seems as alive to us as our dog. We’ve all had a car or a truck that we knew we loved and that loved us back. This episode sends that home.This is also the episode that we see the new look of the General that will last until the show ends. 10 Dogs.
National Parts Depot Presents: Bernie on the News! https://www.npdlink.com/
Patreon Peeps, the year 2023 will be an important one for Patreon specifically, and if you’d consider jumping up to the $5 level it would sure help. The $10 level will remain and we now have a brand new $20 level as well! All members who join at that level will receive a sticker swag pack in the mail, you’ll be IMMEDIATELY entered in the monthly prize grab, and you’ll receive a phone call from one (or all) of us to chat up whatever you want for 30 minutes! Thank you SO MUCH to those of you who have joined in for the extra content that is only for Patreon supporters. To get in on the action and support the show with a minor financial contribution just click the link below to sign up. http://www.patreon.com/kfshow.
Check out the brand new KF Show Shirt! It’s the CNH 320 Edition: https://teechip.com/themusclecarplace