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Lifestyle & Literature

How to Buy a Classic Car

London |
Speakers include:
Simon Kidston

Simon Kidston

Kidston SA

James Knight

James Knight

Bonhams

Graeme Hunt

Graeme Hunt

Graeme Hunt Ltd

Overview

After the boom and bust years of the late 1980s, classic cars came to be seen as a duff investment – but that’s all changed during the past decade as values for the rarest and most sought-after models from the most coveted marques have broken through the seven-figure barrier and soared, in some cases, into the tens of millions.
 
With the world record price for a classic now standing at almost £20 million (achieved at auction for a Mercedes-Benz W196 Grand Prix car in 2013), the right cars are now regarded as being better investments than property, fine art and even gold. But can values keep on growing, and is an old car still a good place to park your money?
 
In a bid to find out, the FT’s Simon de Burton - who writes about cars for the award-winning How To Spend It magazine – will host an evening discussion between a panel of specialists including collectors, dealers, auctioneers and classic car racers on May 19 at the London Marriott Hotel Grosvenor Square.
 
The event offers an unrivalled opportunity to learn from the experts about the pros and cons of starting, maintaining and enjoying a collection of cars from the turn of the 20th century to the emerging ‘modern classics’ of the 1990s.

18:00 Registration with a drinks and canapés reception
19:00 How to Buy a Classic Car forum commences
21:00 Close

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fallback Add to my Calendar 05/19/2015 18:00:0005/19/2015 21:00:00falseHow to Buy a Classic CarAfter the boom and bust years of the late 1980s, classic cars came to be seen as a duff investment – but that’s all changed during the past decade as values for the rarest and most sought-after models from the most coveted marques have broken through the seven-figure barrier and soared, in some cases, into the tens of millions. With the world record price for a classic now standing at almost £20 million (achieved at auction for a Mercedes-Benz W196 Grand Prix car in 2013), the right cars are now regarded as being better investments than property, fine art and even gold. But can values keep on growing, and is an old car still a good place to park your money? In a bid to find out, the FT’s Simon de Burton - who writes about cars for the award-winning How To Spend It magazine – will host an evening discussion between a panel of specialists including collectors, dealers, auctioneers and classic car racers on May 19 at the London Marriott Hotel Grosvenor Square. The event offers an unrivalled opportunity to learn from the experts about the pros and cons of starting, maintaining and enjoying a collection of cars from the turn of the 20th century to the emerging ‘modern classics’ of the 1990s.18:00 Registration with a drinks and canapés reception19:00 How to Buy a Classic Car forum commences21:00 CloseHow-to-Buy-a-Classic-Cara638bf7a071952814b97b822b6e24da4MM/DD/YYYY

Speakers (6)

Simon Kidston

Simon Kidston

Founder
Kidston SA

Simon Kidston has carved an international reputation in classic cars. He started his career in 1988 in the car auction department at Coys in London, which he found himself running three years later. In 1996 he left to co-found Brooks (now Bonhams) Europe in Geneva and over the next decade was responsible for staging high profile events such as the annual Les Grandes Marques à Monaco Sale in Monte Carlo, also creating the Ferrari auction in Gstaad and the Pur Sang à Longchamp Sale in Paris. Early in 2006 Mr Kidston announced he was branching out on his own to found Kidston SA, still based in Geneva, a consultancy to aspiring and high level collectors which has since become synonymous with Private Treaty sales of the world's rarest and most beautiful motor cars.

Mr Kidston enjoys historic events at the wheel of his Lamborghini Miura SV and Mercedes-Benz 300SL Gullwing and believes cars should be driven. He judges and commentates at the famed Pebble Beach Concoursd'Elegance and since 2000 has been 'the voice' of the Villa d'EsteConcours in Italy and, since 2008, the Mille Miglia. He also writes monthly columns for Sports Car Market and Classic Cars magazines and has presented the 'World's Finest Cars' shows on Smithsonian Networks TV in the USA.

James Knight

James Knight

Group Motoring Director
Bonhams

James Knight is Group Director of the Bonhams Motoring Department. He has handled record-breaking auctions of key collections and individual motor cars. Collections include those of George Daniels and RossoBianco, as well as the landmark British Motor Industry Heritage Trust Sale. Notable motor cars handled include Jaguars D-Type, E2A, and Semi-Lightweight E-Type; a couple of Bugattis, the Lord Raglan Type 51 and the ex-Earl Howe Type 57S Atalante. He was also pleased to auction the earliest surviving Rolls-Royce, a 1904 10hp Two-Seater. He is particularly fond of the Austin-Healey marque and has handled more Works Healeys than any other auction specialist, including 'NOJ 393' the Le Mans/Lance Macklin Special Test Car/100S that established a new world-record price by some distance.

Mr Knight also acts as an adviser to a number of institutions, which include manufacturers, trusts and museums. He is an accomplished auctioneer and was nominated 'Auctioneer of the Year' for the British Antiques and Collectors Association. Mr Knight is a member to a multitude of motoring Clubs and owns a 1954 Austin-Healey 100 Roadster. He also competed in historic motor sports with the 1955 Jaguar D-Type and 1958 Lotus 15 sports racing cars.

Graeme Hunt

Graeme Hunt

Managing Director
Graeme Hunt Ltd

Graeme Hunt has been involved professionally with classic cars for over 30 years, and has been based in the Kensington Showrooms for over 14 years. He worked at Jack Barclay Ltd for 13 years, starting as a Salesman in 1989 and progressing, under the supervision of Victor Barclay, to Managing Director within 7 years. Under his guidance Jack Barclay was bought back from Lonrho PLC and became independently owned again in 1997.

Mr Hunt set up Graeme Hunt Ltd in October 2001 and quite naturally has a bias towards Bentley motor cars, although his passion for all classic makes has resulted in him dealing in cars which interest him, even if they are not mainstream. He is also an enthusiastic owner and driver of old cars as well as a dealer, which helps in his understanding of classic car owners' requirements.

Mr Hunt is also dedicated to fine quality restoration and can list a number of "chassis off" cars completed. AC Cobras, Range Rovers, Rolls-Royces, Bentleys and Ferraris are just some of the regular makes to make their way through the workshops. Many pre-war cars have also been restored including an HJ Mulliner Sedanca de Ville Phantom III. This car was invited to many prestigious Concours Events including Villa d'Este, Louis Vuitton Bagatelle & Pebble Beach, California. Naturally she won not just her Class at the R-REC but the Masters Class too.

Adrian Marshall

Adrian Marshall

Collector

Adrian Marshall is a collector of classic cars, with a particular passion for 1960’s and 70’s Italian sports cars. It is perhaps no surprise that the first car he bought for himself was an Alfa Romeo Alfasud Sprint, quickly followed a year later by a Lancia Monte Carlo.

Mr Marshall's first real classic was a 1961 Ferrari 250 GTE acquired in the early 90’s and since then he has owned several Ferraris and Lamborghinis from the 60’s, 70’s and 80’s. His current collection includes a Ferrari Daytona, a Lamborghini Miura and Countach and an Iso Grifo. Although he thoroughly enjoys tracking market values, the detailed research that goes into acquiring a new classic car and even the process of restoration needed to bring the cars back to their former glory, he is happiest when driving his cars as they were originally intended to be driven. He has competed in numerous events including the Tour Auto, driven around the Le Sarthe circuit ahead of the start of the Le Mans 24 hours race and frequently undertakes road trips with a like-minded group of classic owner friends.

Robert Coucher

Robert Coucher

Co-founder and Editor
Octane Magazine

Robert Coucher grew up with classic cars, and has owned a Lancia Aurelia B20GT, Alfa Romeo Giulietta and a Porsche 356C. He currently uses his properly sorted 1955 Jaguar XK140 as his daily driver, and is founding editor of Octane magazine. Octane captures the exclusivity and excitement of the classic car world. Every issue features the car, the people, the action and excitement of the last 100 years of automotive history. Drives of the most revered classics accompany stunning photography, along with news and event coverage from around the globe.

Aldo Magada

Aldo Magada

President and CEO
Zenith

Aldo Magada was appointed President and CEO of Zenith on 1 July 2014. He began his career in sales with Vifor (a specialty pharmaceutical company) and joined the Swatch Group in 1984, and over the subsequent decade took up increasingly important positions within Piaget and Omega – for which he was to serve as Product Director and Marketing Director between 1994 and 1998, alongside Jean-Claude Biver. In 2000, he was appointed President of Gucci Timepieces, which he left two years later to successively manage Technomarine, Reuge and Badollet.

In 2009, Mr Magada founded a consulting company, thereby further enhancing a well-established reputation by earning the trust and recognition of numerous major watch industry stakeholders. A year later, he joined Breitling as International Director of Sales & Business Development.

Mr Magada graduated from the University of Lausanne in 1981, and the following year from the University of La Jolla, San Diego.

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Chaired by: (1)

 Simon  de Burton

Simon de Burton

Contributor, How To Spend It
Financial Times

Simon de Burton has written for the FT’s multi-award winning How To Spend It magazine since 1999 and, for the past 15 years, has been a principal contributor to the paper’s influential Watches and Jewellery reports. He also writes about watches for a variety of international publications, including Patek Philippe magazine and many other specialist horological titles.

Tickets

Tickets are £35 inc. VAT and include a welcome reception with drinks and canapés.

Eventbrite processing fees apply.

Attendees also receive a souvenir copy of Zenith Watches' 150th Anniversary book, written by passionate watch collector, Joël Duval.

Zenith Watches 150th Anniversary book

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Agenda - 19th May

  • 6:00pm
    Registration and drinks & canapés reception
  • 7:00pm
    Chair's Opening Remarks

    Simon de Burton, Motor Maestro, How To Spend It

  • 7:10pm
    Welcome

    Aldo Magada, President and CEO, Zenith

  • 7:20pm
    Keynote Address

    Simon Kidston, Founder, Kidston SA

  • 7:40pm
    Panel discussion
    • James Knight, Group Motoring Director, Bonhams
    • Graeme Hunt, Managing Director, Graeme Hunt Ltd
    • Robert Coucher, Co-founder and Editor, Octane Magazine
    • Simon Kidston, Founder, Kidston SA
  • 8:35pm
    Interview with a Collector

    Adrian Marshall, Collector

    Simon de Burton, Motor Maestro, How To Spend It

  • 8:55pm
    Chair's Closing Remarks

    Simon de Burton, Motor Maestro, How To Spend It

Venue

Marriott Grosvenor Square
Grosvenor Square
(Entrance on Duke Street)
London W1K 6JP

United Kingdom

Tel: +44 (0) 20 7499 6363

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In association with Zenith Watches (1)

Zenith is celebrating its 150th anniversary at Harrods and during May the luxury Swiss watch brand, which was founded in 1865, will occupy four windows at the famous Brompton Road department store and curate an eye-catching exhibition in Harrods’ world-famous Fine Watch Room.

Zenith will launch a number of limited edition pieces, including the El Primero Chronomaster 1969. This iconic chronograph will be limited to 150 pieces and Harrods will have numbers 1 to 10 available as a worldwide launch exclusive for the duration of the exhibition. A replica of an historic, rally-spec Lancia Stratos will form part of the display, highlighting the series of partnerships announced recently between Zenith and classic rallies, such as the Tour Auto Optic 2ooo.

Lancia Stratos

Lancia Stratos

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