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FBN’s Adam Shapiro on some of the cars attracting collectors to Concours D'Elegance.
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Here at the biggest names in the luxury car industry gather at the -- good Pentagon's.
Sounds good right it's -- up this weekend.
Adam Shapiro is reporting live on site in pebble beach California I'm so jealous it's beautiful there at a.
It is beautiful my a Jerry I feel like I should be asking you to pass the -- -- Paul.
And we have been looking at some of the luxury brands you know this is where.
It's not what you would call perhaps that the car shows that you and -- -- used to and perhaps Manhattan orient -- land or in Los Angeles.
But this is a luxury car show you Larry represented here infinity Cadillac.
Jaguar BMW.
Lexus.
Porsche -- Rolls Royce are all here.
But take a look at the video we said earlier because what -- here to see the people looking at the new cars.
Is a rather old car -- 1936.
Mercedes roadster that will be auctioned by Gooding and company this car belonged to baroness Von Krieger.
The car has a history that is.
Made to the movies she brought it over she escape the Nazis her brother died she kept the car she.
Became a recluse and secluded she died in 1989 the car had been lost.
And then was found it's been restored and will be auctioned for ten to sixteen million dollars over the weekend.
Along with that car take a look at some of the other cars that are up for auction -- Gooding and company is that the other reason the millionaires billionaires in the rest of us come here to Pebble Beach this time a year.
These cars all up for auction anywhere from 30000 dollars for -- convertible Plymouth from the 1940s.
All the way up to the several million dollar cars including Clark gables -- -- in -- That will go for seven million dollars if -- thinking of becoming a car collector who better to give you some advice -- Jay Leno here's what he said.
He shouldn't be for people who.
Really enjoy -- if you like it.
You know if you're fixing up cars some selling for profit you're doing it wrong because this way more effort goes into restoring -- -- together get out of but sometimes they do go up in value so it's again it's one of those deals if you like it it's a nice hedge against inflation because.
It'll probably worth more but if you doing it because you think it'll be worth more -- as a good chance -- lose -- shirt.
So Jerry if you spend a couple million dollars in losers shared at the -- -- -- -- be back to you up up.
Messy -- -- appreciate your time thank you fair that -- not.
