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Top Collector Cars This Summer PDF Print Email
Friday, June 24, 2016 09:23 AM

Top Collector Cars This Summer

TRAVERSE CITY, MI  Hagerty releases list of top collector cars. Hagerty is a leading insurance provider for classic vehicles and host to the largest network of classic car owners. According to the insurer the list includes vehicles with positive value growth and momentum in private sales transactions, quote activity and auction results. What is in your garage?

1986–1989 Mercedes-Benz 560SL – Many buyers remember the 560SL as an aspirational car that signaled early career success for their original owners, and the average sale price in the private market is up 22% over the last 12 months. 1987 560SLs start at $46,300.

1973–1986 Jeep CJ-7 – The CJ-7 remains very popular in 4x4 clubs. The special edition packages such as the "Limited" and "Jamboree Edition" are seeing the most interest, but any flavor can deliver open-air summer fun. Quoting activity has been particularly strong, with an increase of 120% over the past 12 months, indicating rising demand among enthusiasts. 1983 Jeep CJ-7 Laredos start at $12,900.

1973–1987 Chevrolet C/K Series Pickup – Pickups have been one of the fastest growing segments for the past five years. This is the first time this generation of Chevrolet pickup has outpaced the highly-sought-after 1967–1972 models. Ratings for this era of are being driven via the private sector, with a 9.5% increase in the number offered privately, an 11% rise in average sale price, and more than 38% of the cars selling privately doing so for amounts above their insured values. 1973 C10s start at $12,200.

1986–1992 BMW M3 – To many, the E30 M3 is the purest sports car from the 1980s. Values published in Hagerty Price Guide have increased 86% over the last 8 months. 1990 M3s start at $76,100.

1982–1991 Porsche 944 –Expect to see many nice low-mile examples come to market in the near future, with pristine Turbos selling for surprising amounts. Hagerty Price Guide values have increased 8% in value over the last 8 months. 1988 Porsche 944s start at $15,600.

1997–2002 Plymouth/Chrysler Prowler –  Prowlers have been one of the hottest cars at auction over the last 12 months, with a 9% increase in the number offered, a 6% increase in average sale price, and a strong sell-through rate of 72% over the last 12 months. 2000 Plymouth Prowlers start at $32,000.

1966–1977 Ford Bronco –Coupled with excellent reliability and parts availability, the Bronco makes for an excellent first-time collector vehicle. Activity in the private market has been particularly strong for these stylish SUVs. 1966 Ford Broncos start at $24,800. 

1994–1999 Ferrari F355 –  Hagerty Price Guide values have increased 39% over the last 12 months. The cost of ownership on these cars can be high, though. So make sure to scrutinize service records. 1997 F355 Spiders start at $68,900.

1970–1974 Dodge Challenger – Early '70s Mopar muscle cars have had the biggest swings in values going back to 2006. After being impacted by the recession they have recovered nicely, and Dodge fans are back to searching out as many "1 of 1" variations as they can find. Challengers have been performing very well at recent auctions, with cars offered up 17% and average sale price up 41% over the last 12 months. 1970 Challengers start at $36,200. 

1968–1976 BMW 2002 – This iconic BMW remains very popular, especially on both coasts.  Hagerty Price Guide values have been especially strong for 2002s, with an 18% gain over the last 8 months. 1974 2002 tii's start at $26,800.

 

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DPF Sessions Added to HD Conference PDF Print Email
Friday, June 24, 2016 08:57 AM

Sept. HD Conference Adds In-Depth Look at DPF Engineering & Performance

ST. LOUIS – Check out a new addition to the HD Conference for Sept. 23. “Meeting the Growing Need for Emissions Control Filters in Off Road and On Road– Virendra Kumar, officer and GM, ESW Group® and Skyline Emissions Inc., takes an in-depth look into the engineering and performance of heavy duty diesel particulate emissions filters. 

Poorly maintained diesel engines lower fuel economy, shortens engine life, and can cause increase maintenance and repair on over-the-road trucks and off-road machinery. His presentation will cover rigorous development process to meet form, fit and function of a replacement diesel particulate filters.

ESW Group® manufactures and markets a diverse line of proprietary catalytic emission conversion, emission control and emission support products and technologies for the transportation, construction, rail, marine, utility and other markets. These products are primarily designed for diesel engine applications including medium and heavy duty trucks, school buses, delivery vehicles, garbage collection vehicles. In addition to land vehicles, ESW Group technology is used in large marine engines. ESW Group also operates ESW America, an engine emissions testing, certification and verification facility which is recognized by EPA and CARB as capable of performing engine emissions verification and certification test protocols for the OEM supply chain.

ESW Group is present throughout North America, including Pennsylvania, California and Ontario, Canada. ESW Group operates two manufacturing facilities spanning the United States continent, one located in  Montgomeryville, PA and other one in San Diego, CA, that are dedicated to the production and assembly operations of its market leading Level III+ CARB verified diesel emission control devices. In addition, ESW Group operates an emissions testing laboratory with eight test cells ranging from a UTV/ATV and motorcycle chassis dynamometer, to a 1,000HP engine 1065 CFR compliant transient dynamometer. This allows ESW Group a vertically integrated approach to conceptualize, obtain regulatory approvals, manufacture and commercialize new emissions based solutions for an ever changing marketplace.

Presenter Bio

 Virendra Kumar has been working with ESW Group since 2009 in various roles General Manager, Chief Operations Officer, Chief Commercial Officer in last 7 years. Prior to joining ESW Group, Virendra Kumar worked with Cummins as Emissions Operations Leader for more than 5 years and mechanical engineer Escorts JCB. Mr. Kumar has Master’s degree in Mechanical Engineering and was a PhD Candidate at UC Riverside CE-CERT.

 

7th Annual Heavy Duty Heating and Cooling Conference

Join us for the 7th Annual Heavy Duty Heating and Cooling Conference. This year's event will be held at Affton Radiator's brand new facility featuring the new HD skills competition. The schedule of activities will include sessions, reception and table top exhibits at the hotel. The NARSA Heavy Duty (HD) Conference is a unique educational event designed for thermal management professionals in the business of providing services and products for heat exchangers and cooling systems for commercial transportation and industry. 

 
Genuine Parts Company Announces Two Acquisitions PDF Print Email
Friday, June 24, 2016 08:47 AM

Genuine Parts Company Announces Two Acquisitions – Including Canadian Import Part Distributor with 20 Locations

ATLANTA — Genuine Parts Company (NYSE: GPC) announced June 21 that it has entered into two definitive agreements. The company has entered into definitive agreements to acquire Auto-Camping, Ltd. and select assets within the Janitorial and Sanitation ("Jan/San") business of Rochester Midland Corporation

Auto-Camping, with 20 locations across Canada, is a distributor of original equipment import parts in Canada.  Auto-Camping specializes in original equipment automotive parts for European vehicles and sells to foreign repair specialists as well as original equipment dealers. The addition of Auto-Camping is expected to generate annual revenues of approximately $50 million (USD).

The Jan/San business supplies a variety of Janitorial and Sanitation accessories to more than 400 distributors primarily in North America. The Company plans to integrate this business into the Impact Products division of S.P. Richards and its growing Facilities and Breakroom Supplies product offering.  This business is expected to generate incremental annual revenues of approximately $20 million.

 
EPA: $1 Million Available for Tribes to Clean Up Diesel Engines PDF Print Email
Friday, June 24, 2016 08:30 AM

EPA: $1 Million Available for Tribes to Clean Up Diesel Engines

 (Washington) – The U.S. Environmental Protection Agency today announced the availability of $1 million in grant funding for tribal applicants to establish clean diesel projects. Under this grant competition, applicants may request up to $800,000 in federal funding. 

 

 

 

 

 

This competition is part of the Diesel Emission Reduction (DERA) program, which funds projects to clean up the nation’s legacy fleet of diesel engines. Older diesel engines emit air pollutants such as nitrogen oxides and particulate matter.  These pollutants are linked to a range of serious health problems including asthma, lung and heart disease, other respiratory ailments, and premature death. 

The Tribal Clean Diesel Funding Assistance Program gives priority to projects which achieve significant reductions in diesel emissions and exposure in areas designated as having poor air quality and areas which receive a disproportionate quantity of air pollution from diesel fleets.  Further, priority for funding may be given to projects which address the needs and concerns of local communities, those that use partnerships to leverage additional resources and expertise to advance the goals of the project, and those which can demonstrate the ability to promote and continue efforts to reduce emissions after the project has ended.

For more information on the Tribal Request for Proposals and related documents, visit epa.gov/cleandiesel/clean-diesel-tribal-grants

 
Buyer Beware: Used car Market Could Get Flooded with Salvaged Vehicles PDF Print Email
Friday, June 24, 2016 08:07 AM

Buyer Beware: Used car Market Could Get Flooded with Salvaged Vehicles

If you are in the auto repair or parts business people do single you out for advice. Sometimes your loyal customers value your professional opinion so highly, they may bring vehicles to you for evaluation. Other times you might just want to help someone even a stranger make a terrible car or truck buying decision. Keep the following tips from VehicleHistory.com.

Extreme weather this spring has left tens of thousands of vehicles scrapped due to flood damage. In Houston, as many as 40,000 vehicles were reported lost due to flood damage. In early June 11 counties in Texas were declared a disaster area due to flooding. Similar flooding has spanned the country from Virginia to Washington.

Meanwhile, the used car market, which could see as many as a record-breaking 40 million cars sold this year, more than double the new car segment, continues to grow.

"The combination of a growing used car market and the potential of a surge in salvaged vehicles in the hands of unscrupulous sellers could leave consumers ripped off," said Scott Burgess, analyst at VehicleHistory.com. "It's essential that every consumer know their car's history before they buy it, not after."

Vehicles get scrapped for a number of reasons ranging from an accident to vandalism. Most states consider salvaged vehicles roadworthy after it passes a safety inspection and issues a Salvage Rebuilt title. They come with a low price tag compared to similar vehicles. While they can potentially be an inexpensive purchase, many have become notorious for continual problems.

"Flood damaged cars may not show exterior signs of damage but they often come with a plague of problems ranging from electrical issues to parts seizing under stress," Burgess said. "Because consumers can now search the globe for the perfect vehicle, they run a greater risk of being lured into a deal that could devastate them and their family."

VehicleHistory.com offers a free service to examine a car's history and see if a car has ever been issued a salvage title.

Spotting Flood Damage

  • Look for rust in odd places; under the floor mats or in the trunk.
  • If a price for one vehicle is extremely low, ask why?
  • Look for a mildew smell in the interior, under the carpet.
  • Use VehicleHistory.com's free service to check if the vehicle has been salvaged.
  • If buying a salvaged vehicle, have it thoroughly inspected before buying it.

VehicleHistory.com is a data driven website dedicated to helping consumers with free information in the used car market.

 
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