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Author Archive | Philip Richter

The hallowed gates of Pebble Beach

Monterey Car Week 2019: Mild Market Correction or Chernobyl?

This year’s Monterey Auction Week experienced the single biggest decline in year-over-year auction totals since 2001 with a 34 percent fall, so naturally there is a lot to discuss. Words like “massacre” have been lobbed out there, but the big picture is likely more nuanced. Certain segments are indeed bloodied (ultra-expensive cars with anything less than […]

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2003 BMW E46 M3 Coupe: The New Normal

The auction hammer fell at $90,000 for this 2003 BMW E46 M3 Coupe Auction Summary from BAT: This 2003.5 BMW M3 coupe is finished in Laguna Seca Blue over black and shows just over 16k miles. Power is provided by a 3.2-liter inline-six paired with a six-speed manual gearbox, and modifications consist of OEM CSL […]

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A Profile of Perfection

In the upcoming September issue of Sports Car Market, we profiled the timeless Mercedes-Benz R129. Thirty years since its introduction, Bruno Sacco’s beautiful SL is now a rising modern classic. When launched in 1989, the SL was a quantum leap forward and was the safest open car money could buy. The R129 was full of […]

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Where is the Collector Car Market Today?

At the 2017 Revs Institute Symposium, I had the pleasure of meeting JR Amantea of GT Motorcars LLC. Seated next to one another at the opening night of Revs, we instantly became fast friends. JR is smart, aggressive, knowledgeable, and honest. Our friendship has grown over the years and I recently purchased a spectacular one-owner […]

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