February 2, 2024 • 33 mins
In this episode, Hannah and Matt discuss the glamorous Retromobile 2024 in Paris - it's a classic car show where after-market companies, collectors, enthusiasts, restorers and prestigious brands like Bizzarrini and RUF converge to network and show off their latest projects and finds. Our duo discuss RM Sotheby's auction held this week in Paris, too, under the Louvre, where a yellow Ferrari 250 GTO sold for roughly $11 million - and unique Porsche 911 GT2 failed to sell at all. Then, Matt asks for advice about finding a fun big SUV - but with a V8 engine. He asks, Is it a risk to buy a Land Rover? Is a Mercedes-Benz a safer bet? Time will tell.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
I'm Matt Miller and I'm Hannah Elliott, and this is
Hot Pursuit.
Speaker 2 (00:10):
You may have noticed that we sound a little bit different.
Speaker 3 (00:12):
I'm in my basement in Scarsdale today and Hannah is
in a boutique hotel in Paris. We're going to talk
about that, but obviously it affects the audio quality.
Speaker 2 (00:22):
It's different than when we're both in the studio.
Speaker 3 (00:24):
Also a reminder that you can send us an email
and give us any suggestions or ask us any questions.
Speaker 2 (00:30):
We've had some really good back and forth.
Speaker 3 (00:31):
With a couple of listeners over the past couple of weeks,
and we want to keep that going.
Speaker 2 (00:35):
Our email address.
Speaker 1 (00:35):
Hannah Hot Pursuit at Bloomberg dot net, not dot com
dot net dot net.
Speaker 2 (00:42):
That's very important, Okay.
Speaker 3 (00:44):
In terms of what we're going to talk about today,
I want to focus mainly on Paris, just Paris in general,
but also on the classic car show that Hannah is
attending Retromobile.
Speaker 2 (00:57):
As well as the r M. Sotheby's auction.
Speaker 3 (00:59):
And I also want to talk about a conundrum that
I have, which is finding a family vehicle that is
not a mini van and isn't powered by.
Speaker 2 (01:09):
A v six.
Speaker 3 (01:10):
It's very difficult actually, especially if you're on a constrained budget,
so it'll be helpful to talk about those things. Let's
kick it off with the obviously, the Retromobile and Hannah,
just first off, you're there, tell us what it is,
because a lot of people maybe haven't heard of Retromobile.
Speaker 1 (01:28):
It's quintessentially Parisian experience to be at Retromobile, which it's
kind of like the Sema Show, but for classic cars.
So if you know the Sema Show, you know that
it's an aftermarket show. It's a for off roading vehicles
and for big trucks, and for suppliers and for brokers.
That's kind of what Retromobile is. It's a big classic
(01:50):
car show in Paris at the Port of Versailles, and
it's for a lot of aftermarket sellers and dealers, people
who make parts and components for classic cars, people who
do restorations and modifications. It's not for obviously the big
OEM type brands, although we're starting to see a few
(02:11):
come here, which is an interesting thing that's a bit new.
It's for the aftermarket guys, it's for the real enthusiasts.
It's for the collector and the real passionate classic car enthusiasts,
and it's incredible. It's three and a half days in
Paris and then there are auctions as well, so it's
pretty incredible. And what I love as an American coming
(02:33):
here is I see a lot of cars that we
never see in the United States. You know, French brands
of course, which it's incredible. I really recommend going if
you can.
Speaker 3 (02:43):
I would love to be there and check it out.
I'm not sure about French brands, and a lot of
European cars that we don't see in the States. I'm
pretty happy about. I'll get a lot of hate for that.
But the whole kind of Gelopnik crew and their obsession
with citroyent, I never got that. I can't get into
these vehicles that are I think less about performance and
(03:04):
more about French design. But tell us a few that
you think have been really interesting.
Speaker 1 (03:10):
Okay, so that's a fair point. But I would say
the old Citrons from the seventies are they're like so ugly,
they're beautiful. Sil Toledano said this French phrase. If you
know him, he's mister enthusiasts, He's a car and a
watch guy. He said. The French have a phrase which
is called beautiful ugly. I don't know the French version,
but that's kind of how they see a citron. As
(03:33):
my mom would say, it's so ugly it's cute. So yeah,
you've got the centrons, of course, but then you also
have it. I think you might be a little bit
more interested in these, Matt. You've got the rally cars
from Group B that sort of never made it to
the States, and you've got rally cars, got like one
de Car, or you got rally cars from uh, you know,
(03:55):
I don't know, other obscure European rallies. And Dick could
be the Audi's, they could be Porsche's. We've got the
Rothman Porsche here, the actual original one. They could be
weird toyotas. They're really cool off road stuff that we
just don't see in the US because they're from really
obscure European rallies. So that's cool. And then you get
(04:17):
really rare things like last night Simon Kitson, who's a
really well known dealer here, he sold the Uldhu Mercedes,
the most expensive car ever sold that came from Simon Kitson.
He's got a booth here, and he had a white
fraorri gto, which I've never seen a white one. So
(04:40):
it's very obscure, unique, rare oddities that might have originated
in Europe and never actually made it to the United States.
So you feel as an American that you're seeing really interesting,
cool things. And of course the car you mentioned, the
Rolls Royce camarg which I'm starting to like it. I
didn't like them at first. It's this very square Rolls Royce.
(05:03):
This one was from eighty one. But the thing is
it's Pininfarina design, so it comes by it looks very
honestly and I don't know what's kind of growing on me? H.
Speaker 2 (05:15):
How do you spell that? And what is it? Exactly
a camargue?
Speaker 3 (05:20):
I mean, because I thought Rolls Royce only made, you know,
especially in the eighties their standard you know, like the.
Speaker 1 (05:27):
Car that you have or yes, the silver Shadow.
Speaker 3 (05:31):
They're like the bigest stage I think. I think the
SZ body cars are from the eighties, right, So what
is the camar Yeah.
Speaker 1 (05:38):
So the camarg you spell it C A M A
R g U E. And it is a two door.
It's a big sand but it's two doors and it's square.
It kind of reminds me of an acid Martin Lagonda
from the same era. It's completely squared off and like
I said, designed my Peninferina. This one had some really
(06:01):
cool details like brushes on the headlamps to literally rush
off the headlamps or horsehair brushes, which I thought was
really interesting. It's a it's it's a It's got two
bench seats. The interior of this one was basically pure white.
And this was kind of the unloved, unloved, underloved, undervalued
(06:26):
Rolls Royce the one I saw last night. The estimate
was like sixty five to eighty five thousand. It's sold
for just over fifty thousand dollars, and that probably was
a good deal. I think that's about where the market is.
So they're more expensive, for instance, than the Silver Shadow
(06:46):
that I bought and own that was like twenty thousand dollars,
So they're more expensive than that. But I do think,
and from what I hear, that there's some room to
grow because they're they're very pole arising. Some people hate them.
They are it's a harsh thing to look at, yeah,
but fun.
Speaker 2 (07:06):
Well, I like it a lot.
Speaker 3 (07:08):
This is kind of in the ugly beautiful camp.
Speaker 2 (07:10):
I mean not really.
Speaker 3 (07:11):
I think it's more more beautiful, but it definitely is
squared off and looks like it's got kind of an
oldsmobiuic look, you know. I mean, yes, like the American
big American car from from the eighties. But the horse
hide brush horse hair brushes on the headlights are interesting touch.
And the one that sold had like a gold spirit
(07:31):
of ecstasy.
Speaker 1 (07:32):
Ecstasy right now, completely, yes, completely, yeah, I mean it's
it's an acquired taste you kind of have for me.
It's like you just want to have fun with it,
and that's what it is. But yeah, it's it's not
for everyone. Oh and another car just reminded me. I
was going to say, you might have trouble finding someone
who can work on it for you. In the States,
(07:53):
I saw this cool Maserati Mistral that still had the
dust on it. It was a bar and fine, again,
you know, very rare Maserati I of course, and I
think the estimanon was like fifty thousand dollars, so these
aren't crazy expensive. But then I start to think, well,
who's gonna work on this for me? And that's that's
(08:14):
where the challenge comes in.
Speaker 3 (08:16):
For sure, that's kind of a weird car. That's a
great example of these European cars that you don't see
too much in the US. And I don't think it's
a horrible thing, because yeah, not really a beauty.
Speaker 2 (08:32):
I mean Maserati did.
Speaker 3 (08:33):
Those big rear windshields, and I mean it's an interesting car. Yes,
with an inline six, which is I always love an
inline six.
Speaker 4 (08:43):
But by the way, the the the aftermarket part of Retromobile,
is it a show that's aimed at restoring everything to
original or is it kind of increasingly resto mode because
that's getting so big here?
Speaker 2 (09:00):
Is it big?
Speaker 3 (09:00):
There?
Speaker 1 (09:00):
Well, it's big and it's getting bigger, bigger. It's both
to answer your question, and that reminded me. You know,
Bizzerini had a booth there, and Bizzerini is kind of
like the thinking Man's Ferrari. It's similar designed, similar engine
from the same era race cars that look like Ferraris.
(09:21):
Bizzerini is actually doing a full on continuation cars that
they were selling at Retromobile, So I don't know what
the pricing will be. But their big thing, I was
talking to their pr guy, is that they're doing continuation
Bizzerinis that are a little bit bigger inside to fit
(09:44):
men of your stature, for instance, Magnus, I mean basically
anyone who's over five eight and who isn't an actual
race car driver size. So yeah, to your point, I mean,
it's continuation cars from some of these old European brands
that are really obscure, like Bitzerini, and then yeah, it's
it's restoration components, parts, and then it's it is also
(10:08):
sort of new old things too. There are tons of Mini's,
tons of Fiats, you know that sort of thing too. Yeah,
really really interesting.
Speaker 3 (10:16):
I love the Bizzerini and those are very expensive.
Speaker 2 (10:19):
The continuation cars.
Speaker 1 (10:22):
It's like Ferrari prices. Yeah, yeah, they're very very and
it's like, honestly, I think part of the reason why
you might get a continuation the Zerini is if you
own an original one and you don't want to drive,
you don't want to put the biles on the actual
real one that you own, you might actually buy a
continuation car to drive and enjoy that. And I know
(10:42):
that sounds insane, but in this echelon of buyer it
actually makes sense because they don't want to devalue the
original car that they own. Well, so there's a market
for that.
Speaker 3 (10:52):
I feel like that might be one of the coolest
a reason to go to retromobile because I love the
continuation cars that are made in Europe VERSUS American kit cars,
and they do continuation versions of like a Bentley eight.
They do a continuation version of the Maserati Diaguars.
Speaker 1 (11:13):
Yf Yeah, some of the race cars, Yeah, I think
it's fun, you know, and some of those guys race
those cars too, which is even more fun. Yeah.
Speaker 3 (11:22):
I would just like to obviously drive around in one.
And I love the idea of making older cars that
are classic and beautiful. Just to tick bigger, I was
looking at some sixties Camaros and I always, you know,
they look so cool in the shape the silhouette you
see them in like cartoons. Always there's a ripoff of
(11:44):
basically an old Camaro look for the bad guy.
Speaker 2 (11:47):
But they're too small for a modern person.
Speaker 3 (11:50):
And I always think it would be cool for someone
to make a recreation of a late sixties Camaro in
like one and a half time scale, because yeah, that
would be sweet.
Speaker 1 (12:01):
Yeah. Well, the guys from Bitzerini are totally on that wavelength.
And they said, look, the car is going to obviously
look the same as the original, but they are going
to make it a little more livable for like the
modern the modern driver who's had enough nutrition so that
you can, you know, get a little bit bigger.
Speaker 3 (12:19):
Speaking of more livable and cars that you can drive around,
we were talking recently about the Ferrari FF and how
it might be a good, you know, buy in the future.
Speaker 2 (12:29):
They're selling.
Speaker 3 (12:30):
They were panned widely panned when they first came out
for being I guess ugly beautiful or more just ugly.
And I think they came out in twenty ten or
twenty eleven, and now they're going for one hundred thousand.
I saw one recently win at auction for over three
hundred thousand dollars, so it's already starting what why why?
Speaker 1 (12:53):
Well, what did it have like ten miles on it?
Why was that so expensive?
Speaker 3 (12:58):
No, it was white and it had a red interior.
Speaker 2 (13:02):
And I don't think I like white FF.
Speaker 3 (13:05):
But I think people are just starting to realize, you know,
gen X, sorry not gen X millennials and maybe Gen
Z buyers especially are wanting less of the sort of
classic sixties and seventies cars and more into the eighties
and nineties, and now I guess obviously the twos and
(13:27):
twenty tens, and they want more livable vehicles, so that
ff Obviously with the back seats and the all wheel drive,
it's always an automatic transmission.
Speaker 2 (13:37):
I believe it's just easier to deal with.
Speaker 1 (13:40):
Yeah, I think it really feels this year already that
the car sales and the auctions are going that direction.
For instance, at this RM Sotheby's auction, which was really
great by the way, it was in the basement of
the Loop, which I didn't realize you could have a
car auction in the basement of the Loop, but you can.
(14:01):
Most of the cars that sold yesterday at this ARM
Sotheby's auction were modern, modern, collectible, modern classic cars, I
mean made from the nineties forward and really from the
two thousands forward. And I think to your point, Matt,
people want something you can drive and it's not annoying
or just a heavy lift. You just want to drive
(14:22):
and enjoy it, right.
Speaker 3 (14:23):
And I mean my thing obviously, because I'm you know,
six ' four and a big person. I want to
be able to fit in the car, and I also
want it to be able to absorb a side impact
if it happens. Yeah, that's I look at these classics
from the sixties and I obviously I want a Mopar
from back then, or you know, lead sixties Mustang or
(14:47):
a mock Wan or something. But I feel like I
would be toast if I got hit in an intersection,
and that's why the newer ones draw me to them.
The safety aspect is a big one for me as well.
But so so the auction basement of the love and
what were some of the cool sales other than the Camark?
Speaker 2 (15:06):
What what else did you see there?
Speaker 1 (15:08):
Okay, so this was really interesting because I noticed I
went to the preview yesterday, and I noticed that a
lot of these cars were offered without reserve, which is
great for us because it means that stuff's gonna sell.
I think in the end they were, you know, eighty
two eighty four sell through rate if I if I
did my math, generally they're over eighty percent. So so
(15:31):
that was good. It was very interesting to see. There
was most notably the car that did not sell that
I think people thought might was this nine to eleven
GT two that is the first GT two and the
only naturally aspirated GT two and that car got bit up. Yes,
(15:55):
so extremely rare, but that car had over one hundred
and thirty thousand miles on it and it had been repainted.
So that car got bid up to one point nine
million and did not sell, which was really interesting to
me because on the yeah, on the one hand, that's
(16:16):
a lot of money, and I'm really surprised that that
it didn't even meet reserve. But on the other hand, okay,
I guess it had been repainted and it had a
lot of miles, so that was just a surprise. I
don't know if that's really a commentary on the whole
market for GT two's I think this is a really interesting,
unique case. But that was, Yeah, ninety six nine to
(16:36):
eleven g T two, really cool looking car, black black
on black, didn't sell. That is that was interesting.
Speaker 3 (16:44):
I have to say that I've sort of I loved
nine to nine threes when they came out, or sort
of right after when they came out, was when I
was starting to get old enough to buy a car
and could afford could afford one, and I think at
the time that I was looking the nine nine six
was the current generation and people, you know, nobody liked
(17:05):
those broken egg headlights, so people were looking at the
used market and nine nine threes were already getting more expensive.
And then later, of course people would say, oh, it's
the last air cooled motor, so everybody was bidding them
up like crazy. And I didn't love the way the
headlights were so angled on eight headlights.
Speaker 2 (17:26):
I prefer the nine.
Speaker 3 (17:28):
Six y four, the kind of frog eye headlights, you know.
So I was never that into them. But I saw
a picture of this one, I think on Magnus's Instagram
and one hundred thirty thousand I think it was kilometers, right,
not miles.
Speaker 2 (17:44):
One hundred and thirty.
Speaker 1 (17:45):
Yeah, that's probably it's not that high.
Speaker 3 (17:49):
Mileage, but still for such a for such a high end,
you know, supercar at the time, it was definitely a supercar.
That's a lot of miles. Somebody was clearly daily driving this.
Speaker 1 (18:01):
Thing, and which is cool.
Speaker 2 (18:04):
Yeah, for sure, I love that.
Speaker 3 (18:05):
And what you guys always say is that, you know,
if you drive them more often, you're probably gonna have
less problems, fewer problems than you would if it's a
garage queen. Right, yes, what what what's the Was it
really a GT two or did they. They didn't use
that nomenclature, did they.
Speaker 2 (18:22):
At the time.
Speaker 1 (18:23):
My understanding is they changed it. This was the one
that they made under that nomenclature, and then they completely
changed it, so it kind of snuck in and was
basically a one of one before they swapped it over
to GT three. That's my understanding. So that, yeah, so
that makes it very rare. The other one that was
(18:45):
really interesting that did sell, while we're on the topic,
is this two thousand and four nine to eleven GT two.
But it's a club sport and that was listed as
at an estimate up to five hundred thousand rows and
it sold for about half that, almost three well less
(19:05):
more than half, but almost three hundred thousand euros. So
that one did end up selling for a lot less. Right,
it was for a lot less than the high estimate. Again,
I don't I don't know what this means other than
I think a lot of things worth selling, And it's
just interesting to note that the right things will sell,
but the right person's got to be in the room,
(19:27):
and if there's no one who happens to be in
the room who wants, you know, extremely rare GT two,
it's not going to sell so fascinating.
Speaker 2 (19:35):
It really is fascinating.
Speaker 3 (19:36):
I mean, I can't believe that the nine to nine
to three uh didn't sell at one point nine million
with thirty thousand kilometers on it, and then the two
thousand and four Club Sport goes for three hundred and
obviously in ten years that's going to be the one
that people won't believe did sell for like three point
nine million.
Speaker 2 (19:55):
That's crazy, I know.
Speaker 1 (19:57):
Yeah, so it kind of makes me think. And I
did look at some of the you know, the Scottsdale
auctions were recently like a week and a half ago,
and I think they were down a little bit. But
you know, going into this year, it's still really too
early to tell what everything is going to shake out to,
but it seems like there are deals to be had,
(20:17):
but there's no guarantee, and it's worth just looking at
stuff because who knows, who knows what's going to happen.
You know, we've been talking about Jaguars and there was
an Xjar there that I saw that was listed for
like fty years and I need to actually check and
see if it I forgot to check and see if
it's sold.
Speaker 2 (20:36):
But it just makes me euros.
Speaker 1 (20:37):
Did I say fifty yuros fifty thousand?
Speaker 3 (20:40):
Okay, because fifty I would bid on that for sure, Oh.
Speaker 1 (20:43):
Yeah, so would I. So I think the estimate was
fifty thousand. I'm just now seeing I'm looking at results.
It went for forty thousand euros, you know, for an
next jar. I think that's probably market value. It's the XJRS.
But again, I don't know there's stuff to be had,
but your earlier point, it seems like the modern collectible,
(21:03):
modern classic young timer type stuff is really going to
be strong and popular.
Speaker 2 (21:09):
Yeah, for sure. I mean I was recently looking at
xjrs because I know you mentioned that.
Speaker 3 (21:15):
Yeah, because not only are they I think, you know,
they're so classy looking and you can probably fit a
couple of car seats in the back, which is very
important to me right now. But they seem like pretty solid.
I mean, the XJR has the the four liter V eight,
which is apparently the perfect size, right if you want
(21:37):
a perfect engine. I guess five hundred ccs per cylinder
is what they've arrived at now.
Speaker 2 (21:44):
But the S is a V twelve.
Speaker 1 (21:46):
Fancy, yeah, very fancy.
Speaker 3 (21:49):
And I'm loving the look of those especially with the
flying buttresses in the back. By the way, I looked
up the Ferrari and that you mentioned the auctions, This
Scottsdale auctions and that's where the Ferrari ff sould. It
was three hundred and twenty four thousand dollars.
Speaker 1 (22:08):
What that's insane, that's crazy.
Speaker 3 (22:11):
Well, you said this is going to be one of
those cars, and I think Hagardy also had it listed
as one of those cars that was poised to take off,
And it looks like maybe it's happening already. I want
to just talk about Paris itself for a second.
Speaker 2 (22:31):
Yes, what a lovely city.
Speaker 3 (22:33):
And you have lived in New York and you now
live in Los Angeles and now you're in Paris, So
tell me about, you know, just being there. What kind
of cars are you seeing, what kind of people are
you meeting?
Speaker 2 (22:45):
What are you doing?
Speaker 1 (22:46):
I love Paris so much. I love it because the
French have a certain amount of dignity and strong appreciation
for beauty. It feels like the French love beauty for
beauty's sake and they value it, and I really love that.
So I'm here a half four retromobile. But then also
(23:06):
I'm trying to take a few days off and burn
vacation days while I can at the start of the year.
We'll see how that goes. But you know, I've gone
to the Rothko exhibit out at the Louis Bhutan Foundation,
which is really excellent. I really recommend it. They've got
I didn't actually realize that Rothko had tried to do
figure painting early in his career, which I had no idea,
(23:28):
and it's not great and that's why he gave it up.
They also had his only self portrait that he ever produced,
so that was really great to see. I fill a
connection with Rothkoe because I'm from Oregon originally and he
of course immigrated to Portland, so I like that about him,
among other things. But that was great. You know, of
(23:48):
course there are dinners and that sort of thing. I'm
going to go to Maxims on Saturday, you know that
old there's I know, I'm very excited about that. Apparently
it's yes, yes, so that'll be great. Oh, speaking of
flying buttresses, I walk past Notre Dame and they are
it's heavily under construction, but they are saying that by
(24:08):
twenty twenty five, all the repairs from that fire that
took it down will be done, so I guess not
in time for the Olympics this summer, but by next
year all of the repairs from that terrible fire will
be done. So that's exciting.
Speaker 3 (24:23):
Where I always find Pairs interesting because they have so
many cool boutique hotels that really are fun and are
actually affordable.
Speaker 1 (24:33):
Yes, I have to say I love a brand hotel
when I'm not paying for it, but when I am
paying for it, it's really lovely to stay in a
boutique hotel. And I'm staying at Hotel Amoor, which if
you know Andre Sariva, the graffiti artist who does those
stick figure graffiti guys, it's his hotel. It's in the Pigal,
very close to Mulin Rouge. It's such a lovely Someone
(24:56):
described it as a bohemian hotel, but it is really lovely.
I'm in this sort of loft room with black mirrored walls,
and it's a loft with skylights from the ceiling and
sort of this eaves climb blue on a couple walls,
so it feels very Parisian and it's really affordable. They're
(25:17):
very friendly. I've stayed here many times, so I'm really
liking it. It feels comfortable and charming and very French,
which we love.
Speaker 2 (25:26):
Very cool.
Speaker 3 (25:26):
It makes me nostalgic. Yeah, Paris, I would love to
be there. I'm stuck in the suburbs here, you know it.
Just had my second kid, so I'm in full dad
mode and I'm looking for a family vehicle right now
that isn't a mini van. And I've got a few constraints,
so my wife has said I'm not allowed to spend
(25:48):
more than fifty thousand dollars.
Speaker 2 (25:50):
I feel like I could push you a little.
Speaker 3 (25:52):
Bit, but I don't want, you know, like, for example,
to tell your ride is a great vehicle, but it's
a naturally aspirated V six and it's just like such
a boring motor, and so many of them are, so
i want something a little bit more special. And I've
also got to be able to fit two rear facing
car seats, which is a huge constraint. I've narrowed it
(26:14):
down essentially to twenty twenty Mercedes GLS four fifty. They're
gigantic and frankly they might as well be minivans, but
they have a really cool inline six that's supposedly very
smooth and I haven't test driven one yet, right two
or twenty nineteen brace yourself range rover, long wheelbase.
Speaker 1 (26:35):
Oh that's cool.
Speaker 3 (26:36):
It's it's got a ton of room for rear facing
car seats, and it's got the supercharged five liters V eight.
I wouldn't go for the V six, but you know,
there are problems with reliability, Like even if I get
one for fifty grand, I'm gonna am I Am I
going to be facing like ten or twenty thousand dollars
repair bills every year.
Speaker 2 (26:54):
That's my concern.
Speaker 3 (26:55):
So I wonder what your take is on those two vehicles,
or if you can think of anything else that might
be in the range.
Speaker 1 (27:02):
Okay, well, obviously Mercedes seems like a solid but yes, great,
I don't I don't know if that you said GLS right.
Speaker 2 (27:11):
The GLS. It's just the big hot Yeah.
Speaker 1 (27:13):
Yeah, yeah, it's the big one. I mean, do you
like how that looks?
Speaker 3 (27:17):
I don't hate how it looks. Like I said, it
almost might as well be a minivan. Everyone talks about
it as a bus. But the thing is, my problem
is in the We have an XC nine D right now,
and I just got out of an SQ seven out
of SQ seven.
Speaker 2 (27:32):
I was test driving for a.
Speaker 3 (27:33):
Week, which I absolutely loved, and with the rear facing
car seat. And my wife has chosen the biggest ones
possible because she wants our kids to be so safe.
Speaker 2 (27:43):
I don't know how.
Speaker 1 (27:44):
Necessary that it means that.
Speaker 3 (27:46):
I have to push my seat forward or the passenger
and now we have two kids, so both seats are
going to be forward, and I just don't drive very
well in that position.
Speaker 2 (27:56):
I need a lot of space. You know, I'm American
and huge, so.
Speaker 3 (28:01):
There are very few cars that fit those rear facing
car seats.
Speaker 1 (28:05):
You know.
Speaker 3 (28:05):
I was trying to get the BMW M seven sixty
and frankly a seven series, a Mercedes S Class or
an Audi A eight. All of those, especially the long version,
would fit the bill. But my wife refuses to get
a sedan. So I've I've been pushed into the suv territory.
Speaker 1 (28:26):
I understand, what have you looked at any Cadillacs.
Speaker 3 (28:29):
So the thing about the Cadillac Escalade, even the GMC
Yukon and even the Chevy Tahoe, the most recent generations
of these, if you look at them with say fifty
thousand miles, sixty thousand miles or less. They cost more
than the range Rover or the Mercedes.
Speaker 1 (28:50):
Serious that I'm.
Speaker 2 (28:50):
Comparing them to.
Speaker 3 (28:51):
Yeah, I mean, part of the problem is that the
moasing generation of those was I think twenty twenty one,
so they're newer vehicles. But I I think the other
part of the problem is that, you know, here in America,
those are highly valued vehicles. So you know, I looked
at for example, I was looking at a suburban. I
wanted the diesel motor or even.
Speaker 2 (29:12):
Those are more expensive.
Speaker 3 (29:14):
So I'm kind of limited to these two vehicles as
far as I can tell. And this is where, by
the way, our email is really helpful. If any listeners
can think of something, please shoot us a message, because
I have about a month before I've got to make
this purchase.
Speaker 1 (29:30):
And it's hot pursuit. Hot pursuit at Bloomberg, got net
at Bloomberg, got nets.
Speaker 3 (29:36):
Those big, you know, body on frame trucks would be awesome,
and I've actually gotten permission.
Speaker 2 (29:42):
My wife said, oh, I like to look at that Tahoe, you.
Speaker 3 (29:45):
Know, but they're frankly more expensive than a slightly older
used Mercedes or range Rover.
Speaker 1 (29:52):
How about the Jeep Grand Cherokee they make a V
eight right.
Speaker 3 (29:56):
In fact, I love the Jeep Grand Cherokee L long version.
I think it's the first time they've made those. Would
powerz fit just barely these giant rear facing car seats,
and they have the five point seven liter HEMI I'm
a huge fan. You know, I got a six point
four Leader Hemy in my Challenger, but my wife has
ruled that out. She just doesn't like a Jeep brand.
Speaker 1 (30:19):
Oh interesting, I mean that's like such an iconic brand. Interesting.
Speaker 3 (30:23):
And also I think it's a beautiful redesign of the
Grand Cherokee. I love the the new grill.
Speaker 2 (30:30):
It's kind of angled in like the like the Jeeps
of old.
Speaker 3 (30:35):
And the technology inside is amazing, Like they have interior
cameras so you can look at the kids on the
front screen, and they've got the Macintosh stereo system, which
I think sounds pretty good. But yeah, no, I've those
have been ruled out.
Speaker 1 (30:54):
Okay, let me just this is my last and final suggestion.
And I know it's gonna probably be a bit of
a pain point, but does the g Wagon not have
enough room in the back?
Speaker 2 (31:03):
So we had the g Wagon.
Speaker 1 (31:05):
I know, I know you liked it, you love it right.
Speaker 3 (31:08):
We both love it, and especially you know, my wife
loved it dearly, which I was kind of surprised by.
It's interesting that she doesn't like the Jeep brand because
she some of my favorite or her favorite cars that
I have had. She loved the Raptor and she loved
the g Wagon. But the g Wagon is I don't
(31:29):
know how I was able to afford it five years ago,
but it's now. It's so expensive even used, it's ridiculous.
And it's a little too tight still for a rear
facing car seat. We were able to make it work
with the infant car seat, but once they get to
toddler size, it's just small. So I'm I think these
are my only two choices, the older long wheelbase range Rover.
(31:53):
And I'm terribly concerned about the reliability. Yeah, that's a
valid it's valid, right, Is it still valid with the with.
Speaker 2 (32:01):
The L four five?
Speaker 3 (32:02):
Because I know the I think so the previous version
was was bad, and I just yeah, they're just so
expensive to fix. And then I wonder is the Mercedes
going to be any better?
Speaker 1 (32:14):
Mercedes has to be better. All I know is anecdotal
evidence evidence just off the top of my head. But
I hear people complaining about their land Rovers, often in
in whatever form, and I just don't have this. I don't.
I don't ever hear people bringing their Mercedes in for
like stupid little repairs. That's anecdotal, but yeah, I know.
Speaker 3 (32:33):
I just feel like they have the air suspension too,
and that seems to be one of the most expensive
things to fix or one of the things.
Speaker 2 (32:39):
That goes wrong all the time.
Speaker 3 (32:41):
I guess I'll have to be test driving these two
and possibly invest in aftermarket extended warranty. But that's where
I am, and say, anyone can think of something something better.
Speaker 2 (32:55):
Cool.
Speaker 3 (32:55):
I guess that's all we have time for this week. Again,
please shoot us an email Hot Pursuit at Bloomberg dot net,
and obviously we will be back, same time, same place
next week.
Speaker 2 (33:06):
I will be.
Speaker 3 (33:06):
Driving next week the Ford F two fifty Tremor for
the six point seven liter powerstroke es are.
Speaker 1 (33:15):
This is gonna be here we go. I already know
I'm gonna getting texts about this.
Speaker 2 (33:21):
All right.
Speaker 1 (33:22):
I'm Matt Briller, and I'm Hanna Elliott, and this is
Bloomberg
I'm Matt Miller and I'm Hannah Elliott, and this is
Hot Pursuit.
Speaker 2 (00:10):
You may have noticed that we sound a little bit different.
Speaker 3 (00:12):
I'm in my basement in Scarsdale today and Hannah is
in a boutique hotel in Paris. We're going to talk
about that, but obviously it affects the audio quality.
Speaker 2 (00:22):
It's different than when we're both in the studio.
Speaker 3 (00:24):
Also a reminder that you can send us an email
and give us any suggestions or ask us any questions.
Speaker 2 (00:30):
We've had some really good back and forth.
Speaker 3 (00:31):
With a couple of listeners over the past couple of weeks,
and we want to keep that going.
Speaker 2 (00:35):
Our email address.
Speaker 1 (00:35):
Hannah Hot Pursuit at Bloomberg dot net, not dot com
dot net dot net.
Speaker 2 (00:42):
That's very important, Okay.
Speaker 3 (00:44):
In terms of what we're going to talk about today,
I want to focus mainly on Paris, just Paris in general,
but also on the classic car show that Hannah is
attending Retromobile.
Speaker 2 (00:57):
As well as the r M. Sotheby's auction.
Speaker 3 (00:59):
And I also want to talk about a conundrum that
I have, which is finding a family vehicle that is
not a mini van and isn't powered by.
Speaker 2 (01:09):
A v six.
Speaker 3 (01:10):
It's very difficult actually, especially if you're on a constrained budget,
so it'll be helpful to talk about those things. Let's
kick it off with the obviously, the Retromobile and Hannah,
just first off, you're there, tell us what it is,
because a lot of people maybe haven't heard of Retromobile.
Speaker 1 (01:28):
It's quintessentially Parisian experience to be at Retromobile, which it's
kind of like the Sema Show, but for classic cars.
So if you know the Sema Show, you know that
it's an aftermarket show. It's a for off roading vehicles
and for big trucks, and for suppliers and for brokers.
That's kind of what Retromobile is. It's a big classic
(01:50):
car show in Paris at the Port of Versailles, and
it's for a lot of aftermarket sellers and dealers, people
who make parts and components for classic cars, people who
do restorations and modifications. It's not for obviously the big
OEM type brands, although we're starting to see a few
(02:11):
come here, which is an interesting thing that's a bit new.
It's for the aftermarket guys, it's for the real enthusiasts.
It's for the collector and the real passionate classic car enthusiasts,
and it's incredible. It's three and a half days in
Paris and then there are auctions as well, so it's
pretty incredible. And what I love as an American coming
(02:33):
here is I see a lot of cars that we
never see in the United States. You know, French brands
of course, which it's incredible. I really recommend going if
you can.
Speaker 3 (02:43):
I would love to be there and check it out.
I'm not sure about French brands, and a lot of
European cars that we don't see in the States. I'm
pretty happy about. I'll get a lot of hate for that.
But the whole kind of Gelopnik crew and their obsession
with citroyent, I never got that. I can't get into
these vehicles that are I think less about performance and
(03:04):
more about French design. But tell us a few that
you think have been really interesting.
Speaker 1 (03:10):
Okay, so that's a fair point. But I would say
the old Citrons from the seventies are they're like so ugly,
they're beautiful. Sil Toledano said this French phrase. If you
know him, he's mister enthusiasts, He's a car and a
watch guy. He said. The French have a phrase which
is called beautiful ugly. I don't know the French version,
but that's kind of how they see a citron. As
(03:33):
my mom would say, it's so ugly it's cute. So yeah,
you've got the centrons, of course, but then you also
have it. I think you might be a little bit
more interested in these, Matt. You've got the rally cars
from Group B that sort of never made it to
the States, and you've got rally cars, got like one
de Car, or you got rally cars from uh, you know,
(03:55):
I don't know, other obscure European rallies. And Dick could
be the Audi's, they could be Porsche's. We've got the
Rothman Porsche here, the actual original one. They could be
weird toyotas. They're really cool off road stuff that we
just don't see in the US because they're from really
obscure European rallies. So that's cool. And then you get
(04:17):
really rare things like last night Simon Kitson, who's a
really well known dealer here, he sold the Uldhu Mercedes,
the most expensive car ever sold that came from Simon Kitson.
He's got a booth here, and he had a white
fraorri gto, which I've never seen a white one. So
(04:40):
it's very obscure, unique, rare oddities that might have originated
in Europe and never actually made it to the United States.
So you feel as an American that you're seeing really interesting,
cool things. And of course the car you mentioned, the
Rolls Royce camarg which I'm starting to like it. I
didn't like them at first. It's this very square Rolls Royce.
(05:03):
This one was from eighty one. But the thing is
it's Pininfarina design, so it comes by it looks very
honestly and I don't know what's kind of growing on me? H.
Speaker 2 (05:15):
How do you spell that? And what is it? Exactly
a camargue?
Speaker 3 (05:20):
I mean, because I thought Rolls Royce only made, you know,
especially in the eighties their standard you know, like the.
Speaker 1 (05:27):
Car that you have or yes, the silver Shadow.
Speaker 3 (05:31):
They're like the bigest stage I think. I think the
SZ body cars are from the eighties, right, So what
is the camar Yeah.
Speaker 1 (05:38):
So the camarg you spell it C A M A
R g U E. And it is a two door.
It's a big sand but it's two doors and it's square.
It kind of reminds me of an acid Martin Lagonda
from the same era. It's completely squared off and like
I said, designed my Peninferina. This one had some really
(06:01):
cool details like brushes on the headlamps to literally rush
off the headlamps or horsehair brushes, which I thought was
really interesting. It's a it's it's a It's got two
bench seats. The interior of this one was basically pure white.
And this was kind of the unloved, unloved, underloved, undervalued
(06:26):
Rolls Royce the one I saw last night. The estimate
was like sixty five to eighty five thousand. It's sold
for just over fifty thousand dollars, and that probably was
a good deal. I think that's about where the market is.
So they're more expensive, for instance, than the Silver Shadow
(06:46):
that I bought and own that was like twenty thousand dollars,
So they're more expensive than that. But I do think,
and from what I hear, that there's some room to
grow because they're they're very pole arising. Some people hate them.
They are it's a harsh thing to look at, yeah,
but fun.
Speaker 2 (07:06):
Well, I like it a lot.
Speaker 3 (07:08):
This is kind of in the ugly beautiful camp.
Speaker 2 (07:10):
I mean not really.
Speaker 3 (07:11):
I think it's more more beautiful, but it definitely is
squared off and looks like it's got kind of an
oldsmobiuic look, you know. I mean, yes, like the American
big American car from from the eighties. But the horse
hide brush horse hair brushes on the headlights are interesting touch.
And the one that sold had like a gold spirit
(07:31):
of ecstasy.
Speaker 1 (07:32):
Ecstasy right now, completely, yes, completely, yeah, I mean it's
it's an acquired taste you kind of have for me.
It's like you just want to have fun with it,
and that's what it is. But yeah, it's it's not
for everyone. Oh and another car just reminded me. I
was going to say, you might have trouble finding someone
who can work on it for you. In the States,
(07:53):
I saw this cool Maserati Mistral that still had the
dust on it. It was a bar and fine, again,
you know, very rare Maserati I of course, and I
think the estimanon was like fifty thousand dollars, so these
aren't crazy expensive. But then I start to think, well,
who's gonna work on this for me? And that's that's
(08:14):
where the challenge comes in.
Speaker 3 (08:16):
For sure, that's kind of a weird car. That's a
great example of these European cars that you don't see
too much in the US. And I don't think it's
a horrible thing, because yeah, not really a beauty.
Speaker 2 (08:32):
I mean Maserati did.
Speaker 3 (08:33):
Those big rear windshields, and I mean it's an interesting car. Yes,
with an inline six, which is I always love an
inline six.
Speaker 4 (08:43):
But by the way, the the the aftermarket part of Retromobile,
is it a show that's aimed at restoring everything to
original or is it kind of increasingly resto mode because
that's getting so big here?
Speaker 2 (09:00):
Is it big?
Speaker 3 (09:00):
There?
Speaker 1 (09:00):
Well, it's big and it's getting bigger, bigger. It's both
to answer your question, and that reminded me. You know,
Bizzerini had a booth there, and Bizzerini is kind of
like the thinking Man's Ferrari. It's similar designed, similar engine
from the same era race cars that look like Ferraris.
(09:21):
Bizzerini is actually doing a full on continuation cars that
they were selling at Retromobile, So I don't know what
the pricing will be. But their big thing, I was
talking to their pr guy, is that they're doing continuation
Bizzerinis that are a little bit bigger inside to fit
(09:44):
men of your stature, for instance, Magnus, I mean basically
anyone who's over five eight and who isn't an actual
race car driver size. So yeah, to your point, I mean,
it's continuation cars from some of these old European brands
that are really obscure, like Bitzerini, and then yeah, it's
it's restoration components, parts, and then it's it is also
(10:08):
sort of new old things too. There are tons of Mini's,
tons of Fiats, you know that sort of thing too. Yeah,
really really interesting.
Speaker 3 (10:16):
I love the Bizzerini and those are very expensive.
Speaker 2 (10:19):
The continuation cars.
Speaker 1 (10:22):
It's like Ferrari prices. Yeah, yeah, they're very very and
it's like, honestly, I think part of the reason why
you might get a continuation the Zerini is if you
own an original one and you don't want to drive,
you don't want to put the biles on the actual
real one that you own, you might actually buy a
continuation car to drive and enjoy that. And I know
(10:42):
that sounds insane, but in this echelon of buyer it
actually makes sense because they don't want to devalue the
original car that they own. Well, so there's a market
for that.
Speaker 3 (10:52):
I feel like that might be one of the coolest
a reason to go to retromobile because I love the
continuation cars that are made in Europe VERSUS American kit cars,
and they do continuation versions of like a Bentley eight.
They do a continuation version of the Maserati Diaguars.
Speaker 1 (11:13):
Yf Yeah, some of the race cars, Yeah, I think
it's fun, you know, and some of those guys race
those cars too, which is even more fun. Yeah.
Speaker 3 (11:22):
I would just like to obviously drive around in one.
And I love the idea of making older cars that
are classic and beautiful. Just to tick bigger, I was
looking at some sixties Camaros and I always, you know,
they look so cool in the shape the silhouette you
see them in like cartoons. Always there's a ripoff of
(11:44):
basically an old Camaro look for the bad guy.
Speaker 2 (11:47):
But they're too small for a modern person.
Speaker 3 (11:50):
And I always think it would be cool for someone
to make a recreation of a late sixties Camaro in
like one and a half time scale, because yeah, that
would be sweet.
Speaker 1 (12:01):
Yeah. Well, the guys from Bitzerini are totally on that wavelength.
And they said, look, the car is going to obviously
look the same as the original, but they are going
to make it a little more livable for like the
modern the modern driver who's had enough nutrition so that
you can, you know, get a little bit bigger.
Speaker 3 (12:19):
Speaking of more livable and cars that you can drive around,
we were talking recently about the Ferrari FF and how
it might be a good, you know, buy in the future.
Speaker 2 (12:29):
They're selling.
Speaker 3 (12:30):
They were panned widely panned when they first came out
for being I guess ugly beautiful or more just ugly.
And I think they came out in twenty ten or
twenty eleven, and now they're going for one hundred thousand.
I saw one recently win at auction for over three
hundred thousand dollars, so it's already starting what why why?
Speaker 1 (12:53):
Well, what did it have like ten miles on it?
Why was that so expensive?
Speaker 3 (12:58):
No, it was white and it had a red interior.
Speaker 2 (13:02):
And I don't think I like white FF.
Speaker 3 (13:05):
But I think people are just starting to realize, you know,
gen X, sorry not gen X millennials and maybe Gen
Z buyers especially are wanting less of the sort of
classic sixties and seventies cars and more into the eighties
and nineties, and now I guess obviously the twos and
(13:27):
twenty tens, and they want more livable vehicles, so that
ff Obviously with the back seats and the all wheel drive,
it's always an automatic transmission.
Speaker 2 (13:37):
I believe it's just easier to deal with.
Speaker 1 (13:40):
Yeah, I think it really feels this year already that
the car sales and the auctions are going that direction.
For instance, at this RM Sotheby's auction, which was really
great by the way, it was in the basement of
the Loop, which I didn't realize you could have a
car auction in the basement of the Loop, but you can.
(14:01):
Most of the cars that sold yesterday at this ARM
Sotheby's auction were modern, modern, collectible, modern classic cars, I
mean made from the nineties forward and really from the
two thousands forward. And I think to your point, Matt,
people want something you can drive and it's not annoying
or just a heavy lift. You just want to drive
(14:22):
and enjoy it, right.
Speaker 3 (14:23):
And I mean my thing obviously, because I'm you know,
six ' four and a big person. I want to
be able to fit in the car, and I also
want it to be able to absorb a side impact
if it happens. Yeah, that's I look at these classics
from the sixties and I obviously I want a Mopar
from back then, or you know, lead sixties Mustang or
(14:47):
a mock Wan or something. But I feel like I
would be toast if I got hit in an intersection,
and that's why the newer ones draw me to them.
The safety aspect is a big one for me as well.
But so so the auction basement of the love and
what were some of the cool sales other than the Camark?
Speaker 2 (15:06):
What what else did you see there?
Speaker 1 (15:08):
Okay, so this was really interesting because I noticed I
went to the preview yesterday, and I noticed that a
lot of these cars were offered without reserve, which is
great for us because it means that stuff's gonna sell.
I think in the end they were, you know, eighty
two eighty four sell through rate if I if I
did my math, generally they're over eighty percent. So so
(15:31):
that was good. It was very interesting to see. There
was most notably the car that did not sell that
I think people thought might was this nine to eleven
GT two that is the first GT two and the
only naturally aspirated GT two and that car got bit up. Yes,
(15:55):
so extremely rare, but that car had over one hundred
and thirty thousand miles on it and it had been repainted.
So that car got bid up to one point nine
million and did not sell, which was really interesting to
me because on the yeah, on the one hand, that's
(16:16):
a lot of money, and I'm really surprised that that
it didn't even meet reserve. But on the other hand, okay,
I guess it had been repainted and it had a
lot of miles, so that was just a surprise. I
don't know if that's really a commentary on the whole
market for GT two's I think this is a really interesting,
unique case. But that was, Yeah, ninety six nine to
(16:36):
eleven g T two, really cool looking car, black black
on black, didn't sell. That is that was interesting.
Speaker 3 (16:44):
I have to say that I've sort of I loved
nine to nine threes when they came out, or sort
of right after when they came out, was when I
was starting to get old enough to buy a car
and could afford could afford one, and I think at
the time that I was looking the nine nine six
was the current generation and people, you know, nobody liked
(17:05):
those broken egg headlights, so people were looking at the
used market and nine nine threes were already getting more expensive.
And then later, of course people would say, oh, it's
the last air cooled motor, so everybody was bidding them
up like crazy. And I didn't love the way the
headlights were so angled on eight headlights.
Speaker 2 (17:26):
I prefer the nine.
Speaker 3 (17:28):
Six y four, the kind of frog eye headlights, you know.
So I was never that into them. But I saw
a picture of this one, I think on Magnus's Instagram
and one hundred thirty thousand I think it was kilometers, right,
not miles.
Speaker 2 (17:44):
One hundred and thirty.
Speaker 1 (17:45):
Yeah, that's probably it's not that high.
Speaker 3 (17:49):
Mileage, but still for such a for such a high end,
you know, supercar at the time, it was definitely a supercar.
That's a lot of miles. Somebody was clearly daily driving this.
Speaker 1 (18:01):
Thing, and which is cool.
Speaker 2 (18:04):
Yeah, for sure, I love that.
Speaker 3 (18:05):
And what you guys always say is that, you know,
if you drive them more often, you're probably gonna have
less problems, fewer problems than you would if it's a
garage queen. Right, yes, what what what's the Was it
really a GT two or did they. They didn't use
that nomenclature, did they.
Speaker 2 (18:22):
At the time.
Speaker 1 (18:23):
My understanding is they changed it. This was the one
that they made under that nomenclature, and then they completely
changed it, so it kind of snuck in and was
basically a one of one before they swapped it over
to GT three. That's my understanding. So that, yeah, so
that makes it very rare. The other one that was
(18:45):
really interesting that did sell, while we're on the topic,
is this two thousand and four nine to eleven GT two.
But it's a club sport and that was listed as
at an estimate up to five hundred thousand rows and
it sold for about half that, almost three well less
(19:05):
more than half, but almost three hundred thousand euros. So
that one did end up selling for a lot less. Right,
it was for a lot less than the high estimate. Again,
I don't I don't know what this means other than
I think a lot of things worth selling, And it's
just interesting to note that the right things will sell,
but the right person's got to be in the room,
(19:27):
and if there's no one who happens to be in
the room who wants, you know, extremely rare GT two,
it's not going to sell so fascinating.
Speaker 2 (19:35):
It really is fascinating.
Speaker 3 (19:36):
I mean, I can't believe that the nine to nine
to three uh didn't sell at one point nine million
with thirty thousand kilometers on it, and then the two
thousand and four Club Sport goes for three hundred and
obviously in ten years that's going to be the one
that people won't believe did sell for like three point
nine million.
Speaker 2 (19:55):
That's crazy, I know.
Speaker 1 (19:57):
Yeah, so it kind of makes me think. And I
did look at some of the you know, the Scottsdale
auctions were recently like a week and a half ago,
and I think they were down a little bit. But
you know, going into this year, it's still really too
early to tell what everything is going to shake out to,
but it seems like there are deals to be had,
(20:17):
but there's no guarantee, and it's worth just looking at
stuff because who knows, who knows what's going to happen.
You know, we've been talking about Jaguars and there was
an Xjar there that I saw that was listed for
like fty years and I need to actually check and
see if it I forgot to check and see if
it's sold.
Speaker 2 (20:36):
But it just makes me euros.
Speaker 1 (20:37):
Did I say fifty yuros fifty thousand?
Speaker 3 (20:40):
Okay, because fifty I would bid on that for sure, Oh.
Speaker 1 (20:43):
Yeah, so would I. So I think the estimate was
fifty thousand. I'm just now seeing I'm looking at results.
It went for forty thousand euros, you know, for an
next jar. I think that's probably market value. It's the XJRS.
But again, I don't know there's stuff to be had,
but your earlier point, it seems like the modern collectible,
(21:03):
modern classic young timer type stuff is really going to
be strong and popular.
Speaker 2 (21:09):
Yeah, for sure. I mean I was recently looking at
xjrs because I know you mentioned that.
Speaker 3 (21:15):
Yeah, because not only are they I think, you know,
they're so classy looking and you can probably fit a
couple of car seats in the back, which is very
important to me right now. But they seem like pretty solid.
I mean, the XJR has the the four liter V eight,
which is apparently the perfect size, right if you want
(21:37):
a perfect engine. I guess five hundred ccs per cylinder
is what they've arrived at now.
Speaker 2 (21:44):
But the S is a V twelve.
Speaker 1 (21:46):
Fancy, yeah, very fancy.
Speaker 3 (21:49):
And I'm loving the look of those especially with the
flying buttresses in the back. By the way, I looked
up the Ferrari and that you mentioned the auctions, This
Scottsdale auctions and that's where the Ferrari ff sould. It
was three hundred and twenty four thousand dollars.
Speaker 1 (22:08):
What that's insane, that's crazy.
Speaker 3 (22:11):
Well, you said this is going to be one of
those cars, and I think Hagardy also had it listed
as one of those cars that was poised to take off,
And it looks like maybe it's happening already. I want
to just talk about Paris itself for a second.
Speaker 2 (22:31):
Yes, what a lovely city.
Speaker 3 (22:33):
And you have lived in New York and you now
live in Los Angeles and now you're in Paris, So
tell me about, you know, just being there. What kind
of cars are you seeing, what kind of people are
you meeting?
Speaker 2 (22:45):
What are you doing?
Speaker 1 (22:46):
I love Paris so much. I love it because the
French have a certain amount of dignity and strong appreciation
for beauty. It feels like the French love beauty for
beauty's sake and they value it, and I really love that.
So I'm here a half four retromobile. But then also
(23:06):
I'm trying to take a few days off and burn
vacation days while I can at the start of the year.
We'll see how that goes. But you know, I've gone
to the Rothko exhibit out at the Louis Bhutan Foundation,
which is really excellent. I really recommend it. They've got
I didn't actually realize that Rothko had tried to do
figure painting early in his career, which I had no idea,
(23:28):
and it's not great and that's why he gave it up.
They also had his only self portrait that he ever produced,
so that was really great to see. I fill a
connection with Rothkoe because I'm from Oregon originally and he
of course immigrated to Portland, so I like that about him,
among other things. But that was great. You know, of
(23:48):
course there are dinners and that sort of thing. I'm
going to go to Maxims on Saturday, you know that
old there's I know, I'm very excited about that. Apparently
it's yes, yes, so that'll be great. Oh, speaking of
flying buttresses, I walk past Notre Dame and they are
it's heavily under construction, but they are saying that by
(24:08):
twenty twenty five, all the repairs from that fire that
took it down will be done, so I guess not
in time for the Olympics this summer, but by next
year all of the repairs from that terrible fire will
be done. So that's exciting.
Speaker 3 (24:23):
Where I always find Pairs interesting because they have so
many cool boutique hotels that really are fun and are
actually affordable.
Speaker 1 (24:33):
Yes, I have to say I love a brand hotel
when I'm not paying for it, but when I am
paying for it, it's really lovely to stay in a
boutique hotel. And I'm staying at Hotel Amoor, which if
you know Andre Sariva, the graffiti artist who does those
stick figure graffiti guys, it's his hotel. It's in the Pigal,
very close to Mulin Rouge. It's such a lovely Someone
(24:56):
described it as a bohemian hotel, but it is really lovely.
I'm in this sort of loft room with black mirrored walls,
and it's a loft with skylights from the ceiling and
sort of this eaves climb blue on a couple walls,
so it feels very Parisian and it's really affordable. They're
(25:17):
very friendly. I've stayed here many times, so I'm really
liking it. It feels comfortable and charming and very French,
which we love.
Speaker 2 (25:26):
Very cool.
Speaker 3 (25:26):
It makes me nostalgic. Yeah, Paris, I would love to
be there. I'm stuck in the suburbs here, you know it.
Just had my second kid, so I'm in full dad
mode and I'm looking for a family vehicle right now
that isn't a mini van. And I've got a few constraints,
so my wife has said I'm not allowed to spend
(25:48):
more than fifty thousand dollars.
Speaker 2 (25:50):
I feel like I could push you a little.
Speaker 3 (25:52):
Bit, but I don't want, you know, like, for example,
to tell your ride is a great vehicle, but it's
a naturally aspirated V six and it's just like such
a boring motor, and so many of them are, so
i want something a little bit more special. And I've
also got to be able to fit two rear facing
car seats, which is a huge constraint. I've narrowed it
(26:14):
down essentially to twenty twenty Mercedes GLS four fifty. They're
gigantic and frankly they might as well be minivans, but
they have a really cool inline six that's supposedly very
smooth and I haven't test driven one yet, right two
or twenty nineteen brace yourself range rover, long wheelbase.
Speaker 1 (26:35):
Oh that's cool.
Speaker 3 (26:36):
It's it's got a ton of room for rear facing
car seats, and it's got the supercharged five liters V eight.
I wouldn't go for the V six, but you know,
there are problems with reliability, Like even if I get
one for fifty grand, I'm gonna am I Am I
going to be facing like ten or twenty thousand dollars
repair bills every year.
Speaker 2 (26:54):
That's my concern.
Speaker 3 (26:55):
So I wonder what your take is on those two vehicles,
or if you can think of anything else that might
be in the range.
Speaker 1 (27:02):
Okay, well, obviously Mercedes seems like a solid but yes, great,
I don't I don't know if that you said GLS right.
Speaker 2 (27:11):
The GLS. It's just the big hot Yeah.
Speaker 1 (27:13):
Yeah, yeah, it's the big one. I mean, do you
like how that looks?
Speaker 3 (27:17):
I don't hate how it looks. Like I said, it
almost might as well be a minivan. Everyone talks about
it as a bus. But the thing is, my problem
is in the We have an XC nine D right now,
and I just got out of an SQ seven out
of SQ seven.
Speaker 2 (27:32):
I was test driving for a.
Speaker 3 (27:33):
Week, which I absolutely loved, and with the rear facing
car seat. And my wife has chosen the biggest ones
possible because she wants our kids to be so safe.
Speaker 2 (27:43):
I don't know how.
Speaker 1 (27:44):
Necessary that it means that.
Speaker 3 (27:46):
I have to push my seat forward or the passenger
and now we have two kids, so both seats are
going to be forward, and I just don't drive very
well in that position.
Speaker 2 (27:56):
I need a lot of space. You know, I'm American
and huge, so.
Speaker 3 (28:01):
There are very few cars that fit those rear facing
car seats.
Speaker 1 (28:05):
You know.
Speaker 3 (28:05):
I was trying to get the BMW M seven sixty
and frankly a seven series, a Mercedes S Class or
an Audi A eight. All of those, especially the long version,
would fit the bill. But my wife refuses to get
a sedan. So I've I've been pushed into the suv territory.
Speaker 1 (28:26):
I understand, what have you looked at any Cadillacs.
Speaker 3 (28:29):
So the thing about the Cadillac Escalade, even the GMC
Yukon and even the Chevy Tahoe, the most recent generations
of these, if you look at them with say fifty
thousand miles, sixty thousand miles or less. They cost more
than the range Rover or the Mercedes.
Speaker 1 (28:50):
Serious that I'm.
Speaker 2 (28:50):
Comparing them to.
Speaker 3 (28:51):
Yeah, I mean, part of the problem is that the
moasing generation of those was I think twenty twenty one,
so they're newer vehicles. But I I think the other
part of the problem is that, you know, here in America,
those are highly valued vehicles. So you know, I looked
at for example, I was looking at a suburban. I
wanted the diesel motor or even.
Speaker 2 (29:12):
Those are more expensive.
Speaker 3 (29:14):
So I'm kind of limited to these two vehicles as
far as I can tell. And this is where, by
the way, our email is really helpful. If any listeners
can think of something, please shoot us a message, because
I have about a month before I've got to make
this purchase.
Speaker 1 (29:30):
And it's hot pursuit. Hot pursuit at Bloomberg, got net
at Bloomberg, got nets.
Speaker 3 (29:36):
Those big, you know, body on frame trucks would be awesome,
and I've actually gotten permission.
Speaker 2 (29:42):
My wife said, oh, I like to look at that Tahoe, you.
Speaker 3 (29:45):
Know, but they're frankly more expensive than a slightly older
used Mercedes or range Rover.
Speaker 1 (29:52):
How about the Jeep Grand Cherokee they make a V
eight right.
Speaker 3 (29:56):
In fact, I love the Jeep Grand Cherokee L long version.
I think it's the first time they've made those. Would
powerz fit just barely these giant rear facing car seats,
and they have the five point seven liter HEMI I'm
a huge fan. You know, I got a six point
four Leader Hemy in my Challenger, but my wife has
ruled that out. She just doesn't like a Jeep brand.
Speaker 1 (30:19):
Oh interesting, I mean that's like such an iconic brand. Interesting.
Speaker 3 (30:23):
And also I think it's a beautiful redesign of the
Grand Cherokee. I love the the new grill.
Speaker 2 (30:30):
It's kind of angled in like the like the Jeeps
of old.
Speaker 3 (30:35):
And the technology inside is amazing, Like they have interior
cameras so you can look at the kids on the
front screen, and they've got the Macintosh stereo system, which
I think sounds pretty good. But yeah, no, I've those
have been ruled out.
Speaker 1 (30:54):
Okay, let me just this is my last and final suggestion.
And I know it's gonna probably be a bit of
a pain point, but does the g Wagon not have
enough room in the back?
Speaker 2 (31:03):
So we had the g Wagon.
Speaker 1 (31:05):
I know, I know you liked it, you love it right.
Speaker 3 (31:08):
We both love it, and especially you know, my wife
loved it dearly, which I was kind of surprised by.
It's interesting that she doesn't like the Jeep brand because
she some of my favorite or her favorite cars that
I have had. She loved the Raptor and she loved
the g Wagon. But the g Wagon is I don't
(31:29):
know how I was able to afford it five years ago,
but it's now. It's so expensive even used, it's ridiculous.
And it's a little too tight still for a rear
facing car seat. We were able to make it work
with the infant car seat, but once they get to
toddler size, it's just small. So I'm I think these
are my only two choices, the older long wheelbase range Rover.
(31:53):
And I'm terribly concerned about the reliability. Yeah, that's a
valid it's valid, right, Is it still valid with the with.
Speaker 2 (32:01):
The L four five?
Speaker 3 (32:02):
Because I know the I think so the previous version
was was bad, and I just yeah, they're just so
expensive to fix. And then I wonder is the Mercedes
going to be any better?
Speaker 1 (32:14):
Mercedes has to be better. All I know is anecdotal
evidence evidence just off the top of my head. But
I hear people complaining about their land Rovers, often in
in whatever form, and I just don't have this. I don't.
I don't ever hear people bringing their Mercedes in for
like stupid little repairs. That's anecdotal, but yeah, I know.
Speaker 3 (32:33):
I just feel like they have the air suspension too,
and that seems to be one of the most expensive
things to fix or one of the things.
Speaker 2 (32:39):
That goes wrong all the time.
Speaker 3 (32:41):
I guess I'll have to be test driving these two
and possibly invest in aftermarket extended warranty. But that's where
I am, and say, anyone can think of something something better.
Speaker 2 (32:55):
Cool.
Speaker 3 (32:55):
I guess that's all we have time for this week. Again,
please shoot us an email Hot Pursuit at Bloomberg dot net,
and obviously we will be back, same time, same place
next week.
Speaker 2 (33:06):
I will be.
Speaker 3 (33:06):
Driving next week the Ford F two fifty Tremor for
the six point seven liter powerstroke es are.
Speaker 1 (33:15):
This is gonna be here we go. I already know
I'm gonna getting texts about this.
Speaker 2 (33:21):
All right.
Speaker 1 (33:22):
I'm Matt Briller, and I'm Hanna Elliott, and this is
Bloomberg
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