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Celebrities and Their Million Dollar Exotic Rides

We all love the sleek, sexy million dollar cars, but what about the elite few who are wealthy enough to actually own them?

Buckle up! We’re going to take a look at some of the priciest celebrity rides and the celebrities how love them.

Koenigsegg CCXR Trevita

Price Tag: $4.8 million

Owner: Floyd Mayweather

Nothing gets by this boxing great. He loves to spend his money. He loves to flash that cash – and the things he buys with it. And truth be told, we’re kinda impressed with this purchase. Gull wings, limited edition, Swedish! This hypercar is definitely worth every penny. What a beauty!

Maybach Exelero

Price Tag: $8 million

Owner: Jay-Z

So, it seems that Beyoncé has a wee bit of competition in the million dollar car department. This $8 mil baby puts her little $1 mil vintage Rolls-Royce Silver Cloud to shame. OK, not really. After all, it’s a Rolls! Still, this long, sleek ride looks like its channeling its inner Batmobile. With top speeds of 218 mph, Jay-Z can get just about anywhere he wants in a hurry!

Bugatti La Voiture Noire

Price Tag: $18.9 million

Owner: Cristiano Ronaldo (so says the grapevine)

This is a story shrouded in mystery. All we really know is that this custom built hypercar really does exist and someone with a very deep wallet bought it. Bugatti is keeping mum, keeping the buyer a secret, rumor has it that the car has joined soccer great Cristiano Ronaldo’s esteemed, high end collection.

Bugatti Type 57SC Atlantic

Price Tag: A cool $40 million

Owner: Ralph Lauren

Fashion mogul by day, daring driver of a powerful, 1930s roadster by night. There are only two known 57SCs in existence and one is in Los Angeles at the Mullin Automotive Museum. Taking into account its rarity and sheer coolness, it isn’t a stretch to see such an impressive price tag. But when you also consider that it is considered the first supercar in the world, well, enough said.

Honorable Mentions

Just a few more to round out our list.

  • $1.4 million – Ferrari LaFerrari – Kylie Jenner
  • $1.7 million – Bugatti Veyron Super Sport – Tom Brady
  • $2 million – 1955 Mercedes 300 SL Gullwing Coupe – Jay Leno (you knew he had to make the list!)
  • $2.4 million – Pagani Huayra – The Rock
  • $3 million – Bugatti Chiron – 50 Cent

Are you looking for your next million dollar ride? Or maybe a sweet exotic with a slightly lower price tag? At Woodside Credit we have the easy terms and low payments that will put you behind the wheel. Fill out an application online and get one step closer to ownership.

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Behind the Scenes at an Online Auto Auction

The COVID-19 pandemic has put a significant strain on businesses anywhere as many are shuttered, never to reopen. The impact has been felt across all industries and the auto industry is no different. The exotic and luxury auto market is holding better than many, it has not escaped unscathed. Many events, auctions, and shows have been cancelled or postponed indefinitely.

But they refuse to be held down.

All over the world, some of the largest, most prestigious auction houses and shows are going virtual. The Concours d’Cancelation backed by Hagerty is one such event that is getting a lot of attention. The event is professionally judged, there will be online classes, and more.

That’s how you do it!

If anything, though, the pandemic has made things, ahem, interesting.

Auction houses like RM Sotheby’s has events all over the world. Each state and country has its own set us requirements in response to COVID-19. Some have restrictions on gatherings and how many people can congregate. There’s social distancing and masks to take into account as well as keeping venues and businesses at just 20% capacity.

In some areas they can effectively juggle all the restrictions and have a live show – well, semi live anyway. The Elkhart Collection in Elkhart, Indiana had a very restricted live attendance that was open to only a select few but online bidding options are available.

Other auctions, like RM Sotheby’s takes London and Open Roads, Fall are online only.

So, what happens at an online auction?

Bidders must register with RM Sotheby’s, providing their photo ID, proof of funds, credit card, and other documentation based on how they are registering. The cosigners work with RM Sotheby’s specialists to get photos of the cars as well as condition reports and catalog descriptions.

The auction typically spans several days or even weeks. During that time the bidders can view the cars online, review the documentation, and access all of the photos of the vehicle.

Some auction houses run their events live, allowing for call in bidders. Others accept bids during certain windows and winners are notified.

It may not be as exciting as actually being there in the thick of the action, but it’s the next best thing. The good news is that most of these auctions are accessible to the general public for free so individuals and families who were not able to attend for whatever reason can still get that rush of viewing some of the most beautiful cars in the world.

Whether you are buying from a world-renowned auto auction online or from a private party across town, Woodside Credit can help you get that exotic luxury car at terms that work for you and payments you can afford. Contact us today to learn more or go to our website and fill out a quick quote to get started.

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Automotive history is a wonderful and weird exploration of technology and design. Over the years we’ve seen designers dream up some odd cars – thinking about the 2020 Polaris Slingshot (is it a car or a motorcycle?) – but these take the cake.

Here are a few of the weirdest classic cars that we’ve ever seen.

1963 Chrysler Turbine

This odd looking little car was way ahead of its time. True to its name, the Turbine did not have the internal combustion engine that is typically found in cars and trucks, but instead, it had a pair of turbines. This gives it considerable flexibility regarding fuel sources. It could run on JP-4 jet fuel, or your mom’s perfume. There were only 200 made and they never saw a showroom floor. Instead, Chrysler lent them to families they hand picked to test the car. Today, only nine still survive and five of those are still drivable.

1976 Aston Martin Lagonda Series 2

Chances are, you’ve never seen an Aston Martin like this before. It is nothing like the sleek, sexy James Bond sports car or any of today’s Aston Martins. Sales began in 1976 but delivery was not made until three years later. While odd looking, this four door sedan was still an attention grabber though with its unique wedge shape. However, its most notable (and unusual) feature was the amount of high tech features like electronic switchgear and digital instrumentation. It would be many years before this type of tech would find its way into any other vehicles on the road. The Lagonda was truly one of a kind.

1959 Cadillac Cyclone XP-74

Looking more like a spaceship than a Caddy, the Cyclone was a very striking car. A glass bubble covered the cabin, giving the driver an almost 360 degree view. No blind spots there. But flip back half of that glass (is stowed in the trunk) and you suddenly had a convertible. Even the doors were different, sliding backward instead of opening like conventional car doors. The windows did not roll down (obviously) so it came equipped with an intercom system that allowed the driver to communicate with people who were outside of the car. Although it never actually made it to production, it still goes down as a futuristic vehicle with cutting edge technology. One of this main features was a radar system that scanned to road and alerted the driver to upcoming obstacles or issues. Today we call that ABS and forward collision warning.

1961 Amphicar

It was a car, but it was also a boat. Go figure. The front tires were the rudders, and it was equipped with a pair of propellers that could move the Amphicar through the water at a breezy seven knots. The German made car had a pretty popular six year run with almost 4,000 cars produced. The downside is the performance. On water and on the road, it was a bit of a dud, not to mention the sizeable price tag. However, US President Lyndon B. Johnson had one. If nothing else it was a novelty.

1973 Volkswagen Thing

Surfer dudes and dolls all know the Thing. Over the years it has accumulated a bit of a cult following. It was first manufactured in 1960 in Europe but made its way to the US in 1973 were it was known as the Volkswagen Thing. The fun little utility vehicle was very similar to a Jeep and had very few features, but people fell in love. They didn’t care that its 55 horsepower engine struggled on even the slightest incline, they just loved the little car with its convertible top and fold down windshield. The bright colors like Pumpkin Orange, Sunshine Yellow, and Blizzard White, helped foster the love affair even more. Even today just mention The Thing and you will see eyes light up for the weird little car from Volkswagen.

Whether you want to purchase one of these weird classic cars or something a little more conventional, Woodside Credit can help make it happen. With our easy terms and low rates, you can easily put that classic in your garage. Call today and get started.

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Most years car dealerships start parading the new models for the year, usually starting in late summer.

Most years.

There isn’t much about 2020 that has been like “most years.” And it has impacted car manufacturers in a very significant way.

While there are no new car models that have canceled their debut, many have put huge delays on release. Some rolled out in fall and others, not until late November. As the pandemic shut down plants and sales slowed in some areas, it became more and more difficult to see many of the new 2021 exotic cars ready to roll.

But they made it. Here are a few of the new cars for what we hope will be a much quieter year than this one was.

2021 Bentley Bentayga Speed

$236,000

Bentley is touting this super sleek SUV as the fastest in the world. While that may be up for debate, we can pretty much all agree on the beauty and ultra-luxuriousness of the interior. Not much has changed from last year regarding exterior and interior, just a few tweaks here and there. But that 0-60 mph in 4 seconds is more than enough.

2021 Maserati MC20

$195,000

So, this is a precursor to a future all-electric version. But the MC20 as it stands now is, in a word, sweet. We’ll take it. With a turbocharged V-6 under the hood pumping out 630 horses, you’ll get wherever you’re going in no time. The highly innovative engine even has a name: Nettuno.

2021 McLaren 765LT

$375,000

McLaren’s new, super-lightweight sports car, the 765LT, is a little longer and a lot faster than earlier models. There will only be around 765 of these cars produced worldwide and somewhere between 30% and 40% of those will be tagged for the United States.

2021 Porsche Taycan Cross Turismo

$150,000 +

As Porsche’s very first all-electric car, the Cross Turismo makes a bold statement. With an electric motor on each axle and a 93.4 kWh lithium-ion battery pack, it gets up to 670 to 750 horsepower. That’s some serious power for a gas-powered car, much less an electric one. However, you won’t be able to get your hands on one until early 2021.

2021 Rolls Royce Ghost

$325,000

The last time the ultimate luxury car had a real facelift was in 2010 – but really, it’s Rolls Royce. It’s in a class of its own. This year though, there will be a few tweaks here and there. The 2021 RR Ghost is a little wider, a little lower, and has a few more curves than the previous year’s model.

Whether you want to get a brand new 2021 exotic car, or one that is new to you, Woodside Credit can help make it happen. Our great rates and low payments make it easy for you to walk away with the sleek, sexy exotic car you want. Call today and see for yourself how easy it can be to own an exotic automobile.

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COVID-19 has turned the world upside down. With business closures, home quarantines, and bare store shelves it would seem that exotic and collector cars would not be at the top of anyone’s list.

But they are.

In fact, many companies’ sales are doing quite well.

Record breaking online only auction sale.

RM Sotheby’s held their annual Palm Beach auction online in March with a 69% sell through rate. In fact, it was an online only. They repeated this again with their Driving into Summer sale and set a new record for the most expensive car sold at an online auction. The 2003 Ferrari Enzo netted $2.64 million.

Other cars sold at the auction include a 1985 Ferrari 288 GTA that sold for $2.31 million as well as a 2017 Ford GT which cold for $836,000.

Can something good come out of this?

There is a silver lining to all this. All the restrictions and inconveniences that were imposed upon us as a result of COVID, have change the way many companies do business. In this case, it acclimated people to doing things more efficiently and faster in a digital world. People learned how to shop, purchase, get funding, even complete paperwork that was electronically signed.

The car market does not show any signs of slowing down. While sales were a little slow at around March 2020, they have picked up and the models are moving.

We are in uncertain times right now, but Woodside Credit is still open, still going strong. We are ready to help you whether you are purchasing a classic or exotic car. Visit our site today and complete a quick quote so you can see just low we can get your payments. You could be behind the wheel of your new car in no time.

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Should you do routine maintenance on your classic car yourself? It depends.

You’re pretty handy under the hood so you’re thinking that doing routine maintenance on your classic car will be fine.

Or will it?

Truth be told, the answer isn’t that easy. There are several variables to consider first. Have you ever worked on a classic car before? Do you have the knowledge and ability to keep the quality of work at a professional level? If you botch something can you take it somewhere to get it fixed?

Classic cars are special. They’ve been around the block a few times and they need a little extra TLC, unlike their newer counterparts.  There are a few areas that you can work on and still keep her showroom ready.

Keep your car clean.

One of the best, most effective maintenance methods out there is to keep your car clean, inside and out. This means keeping it clean inside and out. Clean the interior with the appropriate solution. Leather upholstery requires a very different treatment than vinyl upholstery does. Keep the interior sparkling. Use a Q-tip to clean small areas like grooves and corners so that it is sparkling. Oh, and you should always hand wash your exterior.

Check and change fluids.

You should always keep your fluids topped off and check them regularly. When you are ready to change the fluids, remember to include a zinc additive along with your oil to keep everything well lubricated.

Inspect hoses and belts.

When you change your fluids, you need to go ahead and check your hoses and belts for wear and tear as well. As a rule of thumb, you should be changing your hoses and belts every five years. A single bad belt or hose can cause more problems throughout the car. Don’t risk it.

Should I work on my own classic car?

If you are a mechanic who specializes in classic cars, by all means, go ahead. If you don’t have experience, see if you can shadow someone as they work on your car. You can learn a lot. It also depends on the condition of the car. If there is something serious, it is always a good idea to take it to a mechanic.

If you’ve been looking to buy a classic car, you know how hard it can be to get the funds you need to make the purchase. At Woodside Credit, the only loans we write are for classic, collector, or exotic cars. That’s it. This means that you get the lowest rates and best terms in the industry. Call or visit our website and find out what we can do for you.

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How COVID-19 Changed the Way We Deal with Auto Dealers

Once upon a time shopping for a car meant going to a dealership where you met face to face with a salesperson, walked the lot inspecting cars or maybe even going for a test drive, then sitting in a cramped office while you and said salesperson discussed options then haggled over the price.

Those days are over.

As COVID-19 has touched every aspect of our society, the way we deal with auto dealers has changed. Buying a car doesn’t look anything like it used to.

Consumer behavior has radically changed

As lockdowns have kept entire cities at a standstill and car dealerships have not been deemed “essential,” consumer behavior has undergone some significant changes. More people are making their purchases online, from groceries to electronics to yes, even cars. Granted, there was already a shift to online commerce before the pandemic ever reared its head. The last few Black Fridays have show a shift to online shopping. And why shouldn’t it? It’s more convenient. A person can research the product, ask questions, and make a purchase right on their device whether they are on their living room sofa or a crowded subway. It just makes sense.

Car dealers have been forced to make dramatic changes to how they do business

It has probably been easier for consumers to make the move to online commerce that it has for car dealerships. The restrictions on companies to avoid or reduce face to face contact have seriously impacted not just how dealerships do business, but their bottom line as well. With carmakers facing a financial crisis, the landscape is shaky even for big names like Ford are struggling. This means that car dealers have to do something to pick up sales – but in a different way.

The new “business as usual” post pandemic

Car buying has become a much more sterile process as car dealers shift to a new business as usual which means safely selling vehicles despite shuttered showrooms. For most it means going digital.

Many dealers are moving to online sales, touchless deliveries, and digital financing.

Interestingly, Used car dealer, Carvana was way ahead of the game. The company became touchless delivery pioneers with its vending machine car deliveries. Now other dealerships are taking a page from Carvana’s book and meeting consumers where they are during the pandemic – online.

In this new digital car buying era we’ve never let the pandemic stop us from providing our customers with the best terms and lowest rates in the industry. We were serving customers online long before COVID and we’ll still be doing it long after. When you are ready to buy that exotic, classic, or collector car, choose the lender that is ready for you. Visit Woodside Credit today to get started.

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How the Coronavirus is Impacting the Collector Car Industry

The coronavirus has shaken the country, the world, with widespread lockdowns and restrictions on gatherings which have impacted both consumers and businesses. As the landscape of the auto industry as a whole appears shaky, the more elite segments are being scrutinized to see how they are faring.

The collector car industry in one of them and what we found might surprise you.

The wildly fluctuating stock market has no bearing on the collector market

Since COVID has spread across the country and globe, the DOW and NYSE have taken a real hit and rebounded. The stock market has been all over the place lately and that has some people concerned about the value of their collector cars. Here’s a bit of information to put you at ease. Those fluctuations primarily affect vehicles with values that are less than $100,000.  Your 1953 Willy’s may not fare so well in a bear market, but your mint vintage Aston Martin won’t even bat an eye.

Unemployment can put a damper on collector car sales.

The pandemic has led to a rather large segment of the population being unemployed or with reduced hours. The unemployed and lower incomes tend to purchase vehicles to use. They have their daily driver for transportation and anything more is often not realistic from a budget standpoint. However, unemployment can hit on any rung of the ladder. Unemployment leads to tightening of belts and curbs in spending. When consumers spend less, the businesses feel the pain.

Collector car auctions are going online.

Many people were dismayed to see their favorite collector car events cancelled one after another as the pandemic rolled on through April and May. Business after business closed and it looked like the collector auto industry was going to fold, but popular auction site Bring a Trailer has been booming. In May 2020 the site listed more than 1,200 vehicles to auction and the results were encouraging:

  • 1969 Ferrari Dino 246 GT – $395,000
  • 2019 Porsche 911 GT2 RS Weissach Edition – $321,000
  • 2015 Ferrari 458 Speciale Aperta – $481,000
  • 2006 Ford GT Heritage Edition – $385,000

Collector car shoppers with bigger wallets are obviously still shopping and adding to their collections.

And that’s good news.

Traditional auto auction houses are getting on board with a new normal

Early on auctions were cancelled or postponed, but as the pandemic drags on, the auction houses are making accommodations and finding ways to carry on in spite of the state of the country – lockdown or not.

RM Sotheby’s went digital in late March with a sell through rate of just 69%. Not dismal, but not great. Then they were out of the gate with a record setting sale, a 2003 Ferrari Enzo went for a whopping $2.64 million. That is the most a car has gone for at an online only auction. Barrett-Jackson also took their auction online in May with a disappointing 53% sell through. But what we have to remember is that these were firsts for these auction houses. Things are expected to pick up.

What’s in store for the collector car market post-pandemic?

Whatever it is, we’re ready for it.

When you are ready to buy that sweet collector car, let us help you make it happen. We’ve been open throughout the pandemic and will remain open so there will be nothing keeping you from getting the car you want with the best terms and lowest rates in the industry. Visit Woodside Credit and find out how easy it is add to your collection.

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The Heart of Another: Exotic Cars with Engines from Other Makers

If we’ve learned nothing in this love affair with exotic cars, we’ve learned that exotic carmakers always have one more trick up their sleeve. There’s always another surprise, a tasty bit of trivia that ignites our imagination and never ceases to amaze. And if you like those surprises then be prepared to have your world sufficiently rocked. The name of the maker on the car doesn’t always match the name of the maker on the engine.

Whoa!

Lamborghini and Audi

As most people know by now, Lamborghini is part of the Volkswagen Group which also includes Bugatti, Porsche, and Audi and others. Speaking of Audi, the German automaker dropped its V10 5.2 litre engine in the Lamborghini Huracan giving it a breathtaking top speed of 202 mph.

Pagani and Mercedes-Benz

This Italian supercar maker may be small, but the cars that roll off their production line are anything but inferior. The Huayra is no exception. When drawing up this incredible supercar, Pagani reached out to Mercedes-Benz asking to drop their 6.0 liter V12 engine under its hood. As a side note, rumor has it that Pagani is also eying the development of an electric vehicle toward the middle of this decade.

Aston Martin and Mercedes-AMG

These two carmakers teamed up to give the Vantage a killer V8 engine. Fun fact, the 4.0 litre twin-turbo was also dropped into the DB11. This partnership gives the Vantage an impressive top speed of 195 mph, taking it from of 0 to 60 in 3.6 seconds.

Alfa Romeo and Ferrari (well, sort of)

Talk about your complicated relationships! Parent company, Fiat, houses Alfa Romeo (along with Ferrari) while Fiat is a member of the Chrysler group. Regardless of the interesting lineage, the two Italian brands still have full rein to produce their own cars their way (at this time anyway). Two of Alfa’s cars, the Giulia Quadrafoglio and Stelvio Quadrafoglio have the heart of a Ferrari – part of it, that is. Alfa chose to drop the partial Ferrari 2.9 liter V6 under their hoods. We must say the results are heart-stopping.

At Woodside Credit we are ready to put you behind the wheel of the exotic or supercar of your dreams. Whether it has borrowed the heart of another or is bumper to bumper pure, we have the best terms and payments in the industry. Contact us to find out how we can help you put that sweet exotic in your garage.

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Ride2Revive making sick kids’ dreams come true with exotic car thrills

Siblings Brett and Brooke David had a dream. They wanted to bring their world of exotic cars to others who may never have an opportunity to experience the thrill and speed of riding in a supercar. In 2011 they brought that dream to fruition when they founded Ride2Revive, a non-profit organization that provides children who are being treated with life-threatening illness with an exciting, memorable ride in a Lamborghini, Bugatti, and even a Bat Mobile!

The event is held annually at the Homestead-Miami Speedway, the very same racetrack where NASCAR legends and champions have raced. The kids, who come from several children’s hospitals, converge on the track to enjoy the exciting experience of being driven around a real life racetrack in real life exotic cars.

Exotic car owners donate their time, and wheels, to drive these kids around the track. There are some strict requirements for those participants, the first being that their car be an actual exotic model. Criteria for “exotic” includes limited production, rare, not common on the road, created in an unusual way, and scarce. In other words, this event is likely a once in a lifetime adventure for the children involved.

The children who take part in the Revive2Ride events are each battling a serious illness, some terminal. They come from several children’s hospitals: Holtz Children’s Hospital, Joe DiMaggio Children’s Hospital, Nicklaus Children’s Hospital, Chai Lifeline, and Mystic Force Foundation. Many are accompanied by their families.

What a wonderful way to create memories and make dreams come true.

Do you have exotic car dreams? Woodside Credit can make them come true! Our exotic car loans have low payments and easiest terms – some of the best in the industry. We’re experts when it comes to exotic, collector, and classic cars and we are prepared to help you put that sweet exotic in your garage.

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