Tech entrepreneur and automotive insider Juan Diego Calle shares insights on the current market and the models that stand out to him.
Calle, a tech entrepreneur and car enthusiast, was previously responsible for starting up the FJ Company, a Toyota Land Cruiser–restomod shop. He recently shared withhis take on both the market in general and his favorite machines crossing the block at Amelia.Due to continued problems with the supply chain, the car market for both new and used vehicles is booming.
It’s both. On the one hand, we’re seeing a shift in the auto industry in general, with this move towards electric vehicles and autonomous driving. So I do think there’s an additional nostalgia kicking in, this feeling of “Let me get my hands on these ICE [internal combustion engine] cars because they’ll no longer exist at some point soon.” But, then again, one of the hottest
We’re seeing a great deal of interest in anything from the ‘80s and ‘90s, which clearly is a generational shift as people in their 40s and 50s see those vehicles as classics. Cars like the Porsche 993 and, even now, the 996 are seeing a lot of interest. Themarket is very hot, cars that are utilitarian and that you can drive and enjoy with family.
I’ve been in tech since my college years and have created and sold a few companies. In 2012, I started the FJ Company and suddenly I had to learn a lot about buying and selling cars. I saw that it was a big industry, between $30 billion and $50 billion annually, but there was no central place to see all the available inventory for a make and model—you had to search piecemeal. And the pricing of the cars seemed to be an obscure art.
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