It is an indisputable fact that the world is going digital. 30 years ago, the internet was in its infancy, used mostly by universities and research centres. Of course, there were classic car auctions back then—but they were in-person only, and you often didn’t know what cars were on the block until you received the information booklet in the mail.
Many things have moved forward in the past 30 years, not least of which is how people buy and sell their cars. Several major websites now host thousands upon thousands of cars for sale or auction, and within the online auction community are known as “churn sites.” The problem is that for most of the 21st century, there hasn’t been an alternative—until Collecting Cars, that is.
Collecting Cars: A Solution To An International Problem
Edward Lovett, founder and CEO of Collecting Cars, has been in the car business all his life, as his family owns and runs the Dick Lovett’s Dealership in the UK. Edward has taken note of how classic car auctions have been sticking to the same format they were using back in the 1990s. The only difference these days is that you don’t have to wait for the info packet in the mail, you download it off the auction’s website.
This struck him as odd, as while the rest of the world had raced towards the digital age and embraced the online platform, classic car auctions, especially the big ones like Pebble BeachScottsdale, and Barrett-Jackson are still operating the same as always. It didn’t make sense to him, when there was an entire world of potential buyers and sellers just waiting for the right tool. At that moment, Edward realized that if the tool didn’t exist, he would make it.
Collecting Cars was formed in October 2018, and development of the online classics tool began in earnest. After going live in 2019, the first transaction across the site was a Range Rover Classic LSE for £12,800 (~$17,500 USD) in June.
Things exploded from there, with the first major milestone of £1 million in sales coming in only 3 short months later, in September 2019. The next milestone of the company earning £1 million in revenue was realized only 4 months later, in January 2020 . Since then, neither Edward or Collecting Cars have looked back.
Interview With Edward Lovett, Founder & CEO of Collecting Cars Auctions
Note: Selected portions of the interview have been selected and edited for clarity and conciseness.
Edward Lovett, Founder and CEO of Collecting Cars
Our interviewer for the day was Simon Bertram, a content writer for Sports Car Digest and sister automotive content sites. While he is not your average classic car collector, he does know the collecting lifestyle from other hobbies. He only wishes he could afford to buy the one car that has held his eye from the first day he saw one—and one day, if it comes up on Collecting Cars, he just might.
Simon Bertram (SB):
As always with these interviews, thank you for taking the time out of your schedule to sit down with us here at SportsCarDigest.
Edward Lovett (EL):
(With a small laugh) I literally live, eat, breathe cars, so it’s not really taking a moment out as it is just sharing what I love to do!
We really do like to get a background on the people we interview for our website, to understand first the person behind the business, what drives them, what they’re like, so that it’s not just a “here’s their website, enjoy.” Would you be able to provide us with a quick summary of Edward Lovett, the Founder?
Well, firstly, I am Edward Lovett. My family business is called Dick Lovett’s, and that’s in its 54th year now. I was born and bred in the car business, as Dick Lovett’s is a franchise dealer for PorscheFerrariBMWAston MartinMini, etc., in the southwest of England and employs about 800 people. I’ve been in and out of that business for most of my life, although I’ve been travelling the world for the past ten years buying and selling collectible cars.
Given the fact that I make the pilgrimage to Pebble Beach every August, winding the clock back 5 years, one in ten conversations included talk of an online auction website. The next year, one in five. The year after that, every conversation brought up one of the big
By: Simon Bertram
Title: Collecting Cars: A Global Auction Site Like No Other
Sourced From: sportscardigest.com/collecting-cars-a-global-auction-site-like-no-other/
Published Date: Mon, 01 Nov 2021 21:35:40 +0000
Did you miss our previous article…
BEYOND THE STRIP: Discover the Cultural Gems of Las Vegas
Written by Barbara Toombs
Fremont Street in the heart of downtown Las Vegas.
Millions of visitors are understandably attracted to the glitz and glamour of Las Vegas’ renowned Strip each year, where world-class resorts, casinos, shows and incredible dining options are the name of the game.
What many don’t realize is that there’s another fascinating side to the Entertainment Capital of the World, headlined by two cultural districts known simply as Downtown and Chinatown.
Downtown Las Vegas (also known as DTLV) is really where this unique desert city got its start. In 1931, construction began on what is now known as the Hoover Dam, attracting thousands of workers to a site just east of the city. To capitalize on this growing workforce, savvy businessmen began building casinos and showgirl venues along Las Vegas’ only paved road at the time: Fremont Street.
Today, DTLV is comprised of three distinct districts. Many visitors to the city are already familiar with one of them: the Fremont Street Casino District, which contains museums, restaurants and bars, as well as the original Las Vegas casinos, including El Cortez, Golden Nugget and Golden Gate. Here you’ll also find the renowned Fremont Street Experience, which debuted in 1995. This pedestrian-only thoroughfare is covered by a canopy of more than two million LED lights and a state-of-the-art sound system that comes to life every night for a spectacular sound and light show called “Viva Vision.”
The Arts District
A popular attraction in this district is The Mob Museum (the National Museum of Organized Crime and Law Enforcement), which showcases intriguing tales and the age-old dichotomy of good guys versus bad guys. Explore at your own pace, go on a guided tour or uncover museum surprises as part of a group scavenger hunt. Want a literal “taste” of old-school Las Vegas? Plan to dine at Top of Binion’s Steakhouse, perched on the 24th floor of Binion’s Gambling Hall. The restaurant dates back to 1965 when it was known as Top of the Mint, the signature dining spot at The Mint hotel tower. The interior design (and menu – think steak, prime rib, lobster and even Baked Alaska) is a throwback to an earlier era when the mob ran much of Las Vegas, but the real draw is the spectacular view through dramatic floor-to-ceiling windows.
Built in 2002, the Fremont East Entertainment District (FEED) is a six-block area that stretches from Las Vegas Boulevard East to 8th Street and from Ogden Street South to Carson. FEED is pedestrian-friendly, offering diverse street life and many eateries, cafes, bars and lounges, as well as ample shopping opportunities and lively entertainment. A must-see attraction in this district is the Downtown Container Park – a dining, shopping and live music venue made of 45 colorful repurposed shipping containers, all fronted by a two-story, fire-breathing praying mantis who made its original debut at Burning Man. Nearby is the popular Bin 702 – one of many great dining choices in the area – featuring a great selection of beer and wine, as well as a tantalizing choice of charcuterie and cheese, sandwiches and small plates for sharing.
18b sign in The Arts District.
In recent years, The Arts District – or the 18b as it’s also known (a reference to it occupying 18 blocks of Downtown Las Vegas, loosely outlined by Commerce Street, Colorado Ave, Fourth Street and Hoover Avenue) – has been growing in popularity. Its monthly “First Friday” block party and art walk features food trucks and live music, serving as a backdrop for artists showing their works off at a variety of open-air and indoor galleries. These include The Arts Factory, home to over 30 artists and art galleries, and ArtSquare, a hip establishment that houses design stores, designer’s studios, wellness spots, and food and drink outlets. Behind The Arts Factory sits one of many great dining choices in The Arts District: Taverna Costera, serving up delicious Coastal Mediterranean fusion that draws inspiration from coastal Spanish, French, Italian and Greek cuisines and beyond.
Just a couple of miles east of the Strip, along Spring Mountain Road (roughly between Rainbow Boulevard and Interstate 15), lies the city’s amazing Chinatown, which has grown in leaps and bounds over the past two decades. Here you’ll find the largest collection of Asian businesses in Southern Nevada, including a multitude of authentic Asian restaurants, gift shops, a hair stylist, a reflexologist, home decor, an Asian supermarket and the only Chinese bookstore in Nevada.
At Chinatown’s heart is the enormous and ornate Chinatown Plaza, featuring a colorful, dragon-adorned, Tang Dynasty-inspired gate and gleaming
Title: BEYOND THE STRIP: Discover the Cultural Gems of Las Vegas
Sourced From: www.barrett-jackson.com/Media/Home/Reader/beyond-the-strip-discover-the-cultural-gems-of-las-vegas-2023/
Published Date: Fri, 19 May 2023 18:07:14 +0000
2024 SCOTTSDALE AUCTION: 1967 Chevrolet Corvette Custom Coupe – No Reserve
This red 1967 Corvette custom coupe received a complete custom restoration at Springfield Motorsports in Peachland BC, Canada. The build consists of a completely new jig-mounted tube chassis with C4 corvette front upper and lower control arms riding on coilover shocks and power rack & pinion steering. The rear differential is a custom narrowed 9-inch Ford with aluminum Dale Gerry center section with Wilwood disc brakes on all 4 corners. Filling out the wheel wells are custom offset Fikse wheels.
K&S machine in Kelowna, British Columbia took the 454ci engine and machined it to 496ci it is equipped with Comp Thumper camshaft and 800cfm carburetor and it creates a true hot rod sound through the ceramic-coated exhaust. Lee Baxter upholstery created the one-off hand-stitched red leather interior with a rear storage area. It features Vintage Air, Digital gauges, power windows and a leather-wrapped vintage-style steering wheel.
Title: 2024 SCOTTSDALE AUCTION: 1967 Chevrolet Corvette Custom Coupe – No Reserve
Sourced From: www.barrett-jackson.com/Media/Home/Reader/2024-scottsdale-auction-1967-chevrolet-corvette-custom-coupe-no-reserve/
Published Date: Fri, 27 Oct 2023 15:52:01 +0000
From Hamamatsu to Lisbon: A Honda CBX 1000 restomod by Unik Edition
The Honda CBX 1000 was only in production for four years, but that was enough time for it to leave a lasting impression on the motorcycle industry. First released it in 1978 as a screaming six-cylinder naked superbike, it later faced stiff competition from its stablemate—the equally iconic CB900F. So the Japanese marque redesigned it as a sport tourer, halfway through its tenure.
The updated ‘CBX-B’ had a touring fairing, optional panniers, and Honda’s new-at-the-time Pro-Link mono-shock setup. It was a hair less powerful than before, but that didn’t stop it from becoming a legend in its own right. If you park a CBX and CBX-B next to each other, you could argue that the latter has more presence.
It’s that mystique that prompted the owner of this 1982 Honda CBX 1000 Pro-Link to buy it. Enamored with the fusion of modern technology and ancient traditions found in Japanese cities like Tokyo and Kyoto, he was on the hunt for a classic motorcycle that embodied that philosophy. When he found the CBX, the sheer brutalism of its six-cylinder engine was impossible to ignore.
“In the eyes of this enthusiast, the engine wasn’t just a mechanical marvel; it was the soul of the motorcycle, much like the heart in a human body,” says Tiago Gonçalves, founder of the Portuguese custom shop, Unik Edition. “This revelation laid the foundation for a transformative project, one that would honor the motorcycle’s origins while infusing it with a new identity.”
By: Wesley Reyneke
Title: From Hamamatsu to Lisbon: A Honda CBX 1000 restomod by Unik Edition
Sourced From: www.bikeexif.com/honda-cbx-1000-restomod
Published Date: Sat, 28 Oct 2023 16:34:54 +0000
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