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Tag: Mustang

TMCP #572: Tom Scarpello of Revology Cars – Bringing New “OEM” Quality ’65-’68 Mustangs into the 21st Century

This week I spoke to Tom Scarpello, President and founder of Revology in his facility in Orlando Florida! Revology is seemingly doing the impossible; creating a profitable company that survives (and thrives) by bringing a single classic Mustang platform into a 21st Century as a capable daily-driver by modern standards. There are a few other companies doing things like Revology, but to my knowledge this is the only company striving to be good at the “boring” stuff like reducing wind noise, squeaks, rattles, and creating high end comfortable interiors from OEM stock materials. Their door gaps are specifically set for long term use – not just awesome looking floor appeal. They’re building the quality of cars far closer to a new Porsche than a Pro-Touring old Mustang. For all of this, I had to see it in person!

TMCP #565: Rides By Engel – The Yoda to to Building, Marketing, Operating a Profitable Production Car Business!

This week I have the pleasure to talk to long time friend of the show, Jason Engel. At SEMA 2023 I learned that Jason had entered the consulting business and was also he representative to vet licensure requirements for Shelby!

What was he consulting in, specifically? Well….consulting in the entire process of owning, operating, producing, marketing, and leading a production car business where the production car is unique to the business itself. In addition, it might be a car that needs to be licensed by an OEM or other “Hollywood” style entities. Examples include companies like Classic Recreations (which he founded), Revology, Velocity Restorations, Anything Scout, etc. In a nutshell, Jason was taking on clients to teaching them the business of PROFITABLY running such a venture. For this, I needed a full length interview…and this is out! 

TMCP #552: Ask Rick – Is it Wise (or Possible) to Have Collector Cars as Your Retirement Investment?

It is September and football is back!!! It is also time for another riveting Ask Rick segment were I ask him the tough questions that not everyone wants to hear. As always Rick delivers sage advice and wisdom founded in years of buying and selling classic vehicles. When it comes to cars as investment, possibly a with a great ROI, Rick has strong opinions and advice here. Can it be done? Short answer; yes! Should it be done? Long answer……maybe.

As with all things, it depends what you understand and where you can make your gain on the purchase of the car initially. For Rick and his dad, their collection has immense value today of course, but every car in inventory was chosen for it’s specialness to the Schmidt’s not as a hedge on a great investment. They chose high quality low mile original cars and didn’t just stick to muscle cars. Their collection has many examples of unique rare American cars that have less than 1000 miles (think Rivieras, Eldorado’s, and Lincoln’s).. Some have interiors with the delivery plastic still in place! Others are beautifully restored treasures. Today, it’s paid off. Technically, it could payoff if they ever chose to sell….which they almost never do!

TMCP #542: Ask Rick – Mecum ’23 Indy Auction Recap, What Sold, What Did Not, and Why You Need To Check The Paperwork!

It is June and finally the start of summer is upon us (technically it’s June 21st…but who’s counting). The recent Mecum auction ended with some very interesting surprises and apparently some gossip and fallout after the bidding was all done. I Asked Rick what he thought about the prices and investment quality of the offerings this year as well as his take on some cars that I was considering until the prices went up!

TMCP #539: Ask Rick – Good (and Bad) NPD Sponsorships, The End of of the Challenger and Camaro, and Investment Cars!

May is here and car shows are starting up across the nation. Also Cinco de Mayo and Memorial day are around the corner and the official start of summer is near. I hope you have your car out or your project almost done to a point where you can drive it and enjoy the warmer weather. This time I decided to once again Ask Rick about six cars from two different categories.  The first set of cars are of “pedigree”and have either a track record or history that makes them special. The other category is $10k starter cars that are ready to go out and make some summer memories. Ricks take on these is always clear and to the point.

TMCP #503: Ask Rick – All Electric C8 Corvette’s vs Investing In Blue Chip Classic Muscle Cars!

Happy May! Rick Schmidt is back again for an all new Ask Rick segment, this time devoted to the future of new American performance cars …. specifically the Corvette and the Mustang.  Both of those iconic cars have a new “electric” version available along with an amazing gasoline variant….at least for now. American buying habits started changing long before the high gas prices and inflation surges we are experiencing now. As Rick pointed out, in the case of the Mustang (the “Mach-E” SUV, specifically) it’s only crime is bringing many new first-time customers to Ford! At the same time, it would appear that the gasoline powered Camaro’s, Challengers, and Chargers are all on borrowed time. What does the future hold?

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