How to Shop for a Classic Car with Jay Leno
May.17 -- Jay Leno, Host of Jay Leno's Garage explains how to buy a classic car to Hannah Elliott, Staff Writer at Bloomberg Businessweek.
May.17 -- Jay Leno, Host of Jay Leno's Garage explains how to buy a classic car to Hannah Elliott, Staff Writer at Bloomberg Businessweek.
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I love Jay’s philosophy about cars as kinetic art. He buys what he likes, pays a fair price and never sells. Truly a legend whose car collection is not about horsepower and speed but a deep passion and love for preserving yesterday’s cars. God bless you Jay.
Most important part of the interview @ 8:07, "buy something you like". And it doesn't matter what anybody else thinks because it's your car, it's your money, if you like it that's all that counts.
Good interview, that lady is good, mind you Jay Leno on cars just can’t but be interesting. The guy is the real deal, class act.
@rsprockets7846
3 жыл бұрын
What's her name???
@explorenaked
3 жыл бұрын
100% a class act. I watch his JLG channel and he always is doing wonderful things for us nobody's. He's a very humble guy that truly cares about other people.
Always informative, always entertaining, often funny. Jay Leno continues to be an inspiration to old guys like me.
@user-oe1mb9hu9i
10 ай бұрын
that woman in black needs to learn about food. She's a walking skeleton and its not even nice to look at. Imagine that in a bikini .....
Jay.. the only car guy out there not "selling this to fund another project".
@JP-dw1fp
11 ай бұрын
When you make 30 million a year, put that money in the bank and live off the millions you make from the stand up gig, you never have to sell any of your cars to buy another one. Jay took a 15 million a year cut in pay just to keep his full crew on the job. He's the most un-greediest man in America. God bless him.
@AcmeRacing
10 ай бұрын
@@JP-dw1fp Yet... he seems to have pretty much everything he's ever wanted. He seems so content!
@mrm1885
10 ай бұрын
It's easy to take a pay cut if you never gonna use the money.
THIS video, ....it awesomely has it all. In 8 and a half minutes. Gotta love Jay. Pure car guy.
Love Jay's attitude towards cars and other esoteric machinery - he is a true afficianado with a real love for cars.
Finally some one interviews Jay on his cars . Thank you both.
So cool! My son at 17 got into cars and at 20 has a classic car that he works on and just loves it. Love seeing him go to car shows and having people talk to him. Such a cool hobby.
@NickFortier
10 ай бұрын
What'd he get?
@stevehill5997
10 ай бұрын
1973 Volvo 1800ES. Before that a 1967 Volvo Amazon 4 door.
@NickFortier
10 ай бұрын
@@stevehill5997 sweet lol, that's a crazy lookin car
What a great interview, nailed the asking of the questions and the consumate Leno nailed the answers. Thanks.
"Cheaper then hookers and cocaine", have to use that line next time I want to talk about throwing cash at the toy!
@hannibalb8276
2 жыл бұрын
Lasts longer too
I like that he can walk up to any of them and just start them. I am sure there are many collections where that is not the case.
@caribman10
3 жыл бұрын
Greg, that's the case in almost EVERY other collection. The cars are essentially planters on display. I once heard that Ralph Lipschitz, sorry, Lauren, said the same thing, but I know for a fact that it not only isn't true but he hardly operates his "collection" at all....the only other place I've heard this where I believed it was with the Bardinon collection, where it even extended to his ex-Ford France Ford MK. II.....
@cutl00senc
3 жыл бұрын
Jay doesn’t collect them to hopefully someday cash in....he collects them because he truly loves cars....most collections start out that way, but eventually evolve into something akin to “hoarding”. My grandpa collected and restored old cars for 25 years and seldom drove any of them. It was a hobby rather than a love affair. Most of them wouldn’t run when he finally sold them off before he passed away....sadly.
@caribman10
3 жыл бұрын
@@cutl00senc Know what you mean. I have 9 motorcycles, 1977-1998, and all of them (except the one being restored) run and are ridden regularly. That's the good thing about classic motorcycles...you can afford to have a few and not price yourself into the ground. Any one of the classic cars I'd like to have would cost me more annually than all the bikes...
@jdgreen214
Жыл бұрын
I have 5 cars and have some you can't just start. Mostly because you fall in love with some and neglect others.
@sanfranciscobay
9 ай бұрын
He can afford to have 1 or more Full Time Mechanics to maintain them. Most people can't afford that.
Leno is a national treasure.
@petercrowl9467
3 жыл бұрын
He's doing the Lord's Work
I wish this was longer
@Playsinvain
3 жыл бұрын
Agreed. Go through the whole garage. Everything he has, has a story. American icon, Jay Leno
@myspacebarbroke
3 жыл бұрын
thats what she said
Jay Leno had the most impressive car collection period.👍🇺🇲
Jay is a legend! He is a nice talkshow host,but a brilliant car guy!
Jay is the best thing that has happened for car nuts.
When asked how much space in his garage he has Jay took the path of humility and didn't mention he actually has another 10 storage buildings housing his collection.
I have much more in common with someone who collects cars than someone that collect wine good interview / video
I like Leno more and more all the time, I'll just start this jet motorcycle up so you can hear it!
@Munkenba
3 жыл бұрын
The confidence to walk up to a random vehicle in that crowd and start it up like you know it's not going to give you trouble is mind blowing.
@NickFortier
10 ай бұрын
That was my favourite part too
When you’re worth 400 million collecting classic cars is easy :) Big fan!! Fun video enjoyed watching !very candid insight
It doesn’t hurt to have a couple of hundred million in your bankroll .
@ITILII
2 жыл бұрын
The Jeff Bezos, Elon Musk should have THOUSANDS of cars in their collections !
@Kuhladestkyicky
Жыл бұрын
Just save your money by only wearing cheap blue shirts bought in bulk.
Now that's a collection. And we love hearing his stories about each car. Whether ART or INVESTMENT, these are priceless!
My husband started building when we got married, he got his first car for our wedding, gifted to us by his brother. It cost $50. a 1955 olds hard top. He learned how to work on it by taking it apart and putting it back together. Then became a mechanic for 40 years, working for several dealerships in Milwaukee area. He then bought a 1927 model t bucket kit and made one of those, we had a fun time with it while it was being built. 1970 got a ford van from his brother with all windows around and made it show worthy, won 1st place in Milwaukee’s custom car show, sold it, found it in a field, they were using it as a chicken coupe. He vowed he would never sell another. 1973 he bought a body and all the parts of a 1934 ford, and put that together, 1976 bought a 1936 ford p u and put that together. 2008, our 49 anniversary, looking for a convertible, we bought a 1964 Pontiac Bonneville convertible. We still have those 4 and a 1983 GMC Suburban he fixed up. Bought and sold a lot of cars over the years but those are our babies. Cars are not worth the price you pay for them these days, it’s so great to have a little piece of the past beauty captured in our garage! Next to Johnny Carson, we watched you faithfully, loved your night show! We just celebrated 64 years marriage, feeling blessed✝️🙏♥️ We also belonged to the original car club, “Torque Twisters”, it was family orientated, so much fun.
@Samlol23_drrich
10 ай бұрын
Wonderful post. Thank you and congratulations
I'm glad Jay finally said it on miles. It drives me up a wall when people think a low mileage hunk of junk is better than a higher mileage car with impeccable maintenance and care. I guess it works for me, though, I'll buy the high mileage car and save a fortune and you can have all of the problems with a rustbucket.
Well spoken Jay! A car is still just a car
Well this is how you buy a classic...if you're Jay Leno & price is no object : ) Good for him though -- he's earned it all.
She did exceptionally good interview
“You’re really just a caretaker for the Next guy.” #jayleno
I’ve notice I really like cars from the 90’s and early 2000’s so I started a small collection in my country 🥰
Great to see he has a Panhard 24CT Tigre. Fantastic car. 100 mph from a 2 cylinder engine.
@BradfordtheEclectic
10 ай бұрын
I've wanted a Panhard Dyna ever since I spotted one in San Diego in 1987.
@rogerdavis5053
10 ай бұрын
@@BradfordtheEclectic I saw one in France in 1963 and I just loved the styling. It was interesting that after Citroen bought the ailing Panhard company that they took some of the styling into the SM and the CX. I have owned 2 x DS, 1 x SM and 1 x CX.
Jay is the best thing that has happened for car nuts.. Finally some one interviews Jay on his cars . Thank you both..
"How to shop for a car" the Jay Leno way. If someone has the car he wants he scoops into one of his barrels of cash and pays what they're asking.
@michaelantone7465
3 жыл бұрын
He has another huge warehouse for his money barrels! Seriously, he always lived beneath his means and saved, to be able to have this hobby later in life.
In 1974 my than girlfriend bought a Corvair that needed a tune up badly, it ran very poorly no power. I did a tuneup on it and wow ! Ralph Nader or not that car was impressive. With the turbo it had I could see how it would give Porches of the day competition.
Interviewer did great job. Great communicator.
For a real classic, not only the previous owner but also knowledge of the documents and the known history are of great importance.
An exceptionally awesome video! It would be great to hang around with this guy for a day or two!
Jay and several others have made a good point about "buying what you love". Maybe that car goes up in value, maybe not, but you still like the car.
My wife saw this and demanded a vintage car. I told her to keep driving the one she has for another 30 years, and BINGO.
You don't be have to be a millionaire to buy a vintage car. If that's your passion, ,save by your money and start looking for the type of car that, you like, and can afford.
Feeling even better than usual after spotting a '67 Camaro SS at 3:02 sitting among all that exotica. Hey Jay, we're First Gen Camaro buddies, let's cruise.
I want to be just like Jay Leno - Thank you Jay !
I love listening to you on all your different cars Jay. But you just took my words out of my mouth when you mentioned the little Mazda Miata (MX5) I would certainly have one of those over a super car for practical fun. Because I could throw one of those little things around on the local streets withouf even braking the speed limits. Cruising at high speed in a straight line is boring to me, and when I have to do that I use my two ton comfortable XJ6 Jaguar. I only have four cars but they all have their special purpose and use.
Jay is the ultimate car guy!
Jay is a hero to me.
I wish the collection was open to the public. Maybe Jay can sell chances for a charity. Maybe the ten winners get a private tour, high donation gets to drive their favorite. Just an idea!!!
My neighbor is one of Jay's old racing buddies from early 1960s. We live up in the mountains fading away like a sunset. Never talks about it unless I ask.
I remember picking up a 12 year old Road & Track as a teenager and being FLOORED by how cheap the cars were in the classifieds "way back then". I've been collecting cars and bikes, wrenching on them, and saving them for the new people ever since. It's nice when you can make money doing something you would do anyway.
@austinjunkman2449
3 жыл бұрын
cars were cheap, it was the money that was expensive.
@cratecruncher6687
3 жыл бұрын
@@austinjunkman2449 I should have given examples like a Ferrari Daytona for $12k "needs work" in 1972. By 1984 that car was already close to $100k and today is closing in on $1M. From looking at historical prices I developed a bucket shaped curve that follows the life of a collectable car from new, to used, to ballistic and then started looking for cars in the bottom of the bucket. In 1984 I bought a low miles Ferrari Dino for $25k. In 1984 Dinos weren't really Ferraris and 308's were way faster, haha. I still have my slow little uncool 206 Dino.
@BradfordtheEclectic
10 ай бұрын
@@cratecruncher6687 You have a 206, not a 246?!
@cratecruncher6687
10 ай бұрын
@@BradfordtheEclectic Yes. There was a 2 liter version of the Dino. Pretty rare car.
@mrm1885
10 ай бұрын
If you account for inflation most cars stay the same value or lose value. The cars usually end up costing much if you ad insurance, storage, renovation, repairs etc. If you invest the money it will probably increase more in 10, 20 or 30 years.
Inspirational 👍👍
Good interview.
Jay is so cool.
Jay is the best …❤
To the people who say money can’t buy happiness !
@vika0194
3 жыл бұрын
Only poor people say that. Rich people know that it won’t.
@Playsinvain
3 жыл бұрын
Jay Leno was a happy person when he was schmuck like the rest of us.
@1212sman
3 жыл бұрын
They obviously don't know where to shop.
That 1 million dollar Mclaren is now a 25 million dollar icon.
@fw1421
3 жыл бұрын
Yea,but Jay paid $800,000 for his F1,not a million.
@BubbaSmurft
3 жыл бұрын
@@fw1421 $600,000
@faro1875
11 ай бұрын
@@BubbaSmurft He said in a few videos he paid $800,000. It was used a car when he bought it.
Refreshing to see a girl that's slim. Most girls weigh twice what they should and are very out of shape. How does someone decide to go through life like that? In shape here, so I can talk
@Blakecryderman7244
Жыл бұрын
@TheNextGoogification so? Girls can be attractive no matter if they’re 95 Ibs, 140 Ibs , or even 180 Ibs.
The dangers of investing in any sort of "collectable" art: 1) They are usually non-performing assets (unless you can rent them or charge to show them) 2) You have to house and maintain them at considerable cost. (something hoarders don't grok) 3) Something is only worth what someone else is willing to pay you or it. Value often drops with trends. Buying a collectable car, is like buying a single family home. It is a lifestyle expense, not usually an investment.
J Leno is a very smart man 👍
How to Shop for a Classic Car with Jay Leno... Jay: I get my guys to take care of it.
Thanks Hannah.
Jay wish I just had one cool truck but no way to afford one but I’m glad to wacth and look
It's unfortunate Jay never ventured into car sales or dealerships. Granted, he's an enthusiast but, it would have been great to see him operate on a large-scale selling cars to the public. As a customer, you would know you were getting a good car at a competitive price.
I think I know how to shop for a classic car, have Jay Leno on your birth certificate
Classic car shopping tips with Jay Leno. Step one have a shitton of cash like Jay Leno so as to be able to buy anything worthy of a collection. Step 2 if you haven't achieved step one work and save your money for the next 200 years or so. Good luck.
Jay Leno is 100% commonsense no bull just facts
Jay even has a Corvair rampside !!
Do you love a car first and then buy it or the other way around?
Important to note that Jay doesn't "invest" in cars for the profit purpose or to acquire the most valuable collection. He buys what he likes and finds interesting. This is a car enthusiast collections, not a investment collection. There are many more valuable collections but few so representative of the wide spectrum of automotive history and personal enjoyment. Of course those overlap quite a bit by the fact that interesting cars tend to end up valuable collector items. I like his one piece of advice, "Buy what you like, because it's likely others will too" , implying value comes naturally if you're a real enthusiast
looking for a 1962 starfire convert prefer white on red
of all cars..jay leno has..one car i love i cannt find 1959 buick electra convertable..that i like more than any other cars now makes...if you can find me i truly appreciate it ..thanks jay...
Jay Leno. Very. Intelligent. And. Lucky. Bought. At the. Right. Time. Good for him. Thanks
Jay and I are brothers from a different mother. I buy cars I like, one at a time, trading in the last one to buy the next one, but I have the same passion for cars, just not the money.
Let Jay buy!
A lovely position to be in, knowing you can afford any car to add to your collection. Most of us can only dream about owning a specific classic car, and unless we have a lottery win, we will never achieve that dream How to shop for a classic, Find the right car, transfer the funds to the owners bank account, and take ownership of said vehicle A lovely position to be in.
Helpful àn funny !!! Thanks
Nice interviewer!
@Channel-os4uk
3 жыл бұрын
She could do with eating more..
Is Jay Leno still buying classic cars...we might want to contact him soon.
in 7.48 what was the car ?
there must be a club called " The Accordians"
A guy in my town owns a tatra. Jay wanted to buy it but was turned down
Jay didn’t spend his money trying to look rich he just spent his money investing to become rich. Denim clothes were good enough for Jay. Besides denim lasts longer.
When did "explain" become "talk me through"?
What does he plan to do with these cars should he pass away?
Oh just casually answering questions whilst standing between two Muiras....no big deal!
volume not working here
Is the hobby for pleasure or investment? Because if it’s for an investment, you figure out what cars are currently 20yo. You pay a few thousand for a runner, and enjoy driving it for 5-10 years while restoring whatever you found fault with. But the time the vehicle is 30yo, it’s now worth more than what your paid for it, and hopefully what you put into it.
Step one: Have more dollars than sense. Step two: Get a dealer license if it goes down in value you can write it off ( check with an accountant and state business licensing agency )
I love old cars. I bought and sold 1000. Not eeasy to do. I also didnt look at mileage because it doesnt matter. Check for rust and originality. Like Jay said buy it because you like it, not because you need a investment. I dont like new cars or hypercars etc. Those are no fun. Old cars have charm and history.
A great guy….
I can't see Jay rising that jet bike.
I would say make sure the 🤣 car is running. I wants bought a 1979 Buick Skyhawk with a road.Hawk package . It was a project car I had to put the motor together. Having enduring wiring fixed. My then wife was not happy
Listen to Jay Leno's rant on FERRARI, he refuses to buy one. Great video....
Maybe Bill Gates should have collected cars...
@steveneumeyer681
3 жыл бұрын
no, but he should be on MTV cribs
@steviesevieria1868
3 жыл бұрын
@@steveneumeyer681 good observation
Collecting cars = 'Cheaper then hookers & cocaine" Wise words indeed from Mr Leno.
@Robert-mz9hi
6 ай бұрын
Cheaper than a girlfriend or wife😂🤣
It costs less to own 100 cars than raising 4 kids.
@NoPrivateProperty
3 жыл бұрын
a lot of people use children as a means to extortion and self enrichment, but to truly nurture your offspring with the best instruction is expensive and worth it
@danielbuckner2167
9 ай бұрын
And both are less than sailboat ownership!
And after “the big one” there will be even fewer of these cars available!
If you knew nothing about shopping for a classic car before you watched this video, after watching it, you'd still know nothing; don't get me wrong, I think Jay is a down to earth, regular guy, especially for being a multi- millionaire,,,
Shopping is simple getting the money to go shopping is the hard part.
I would be willing to bet that Jay owns a Borgward Isabella, and a DKW.
Jay is still funny.
Leno needs to get his T2D in check....