The launch of the new CNBC Primetime series ‘Jay Leno’s Garage’ has been a great success. When Jay asked me to be a part of this new project, I had lots of reasons to leap at the opportunity. First, Jay is a fantastic guy and a truly passionate enthusiast. In his vast collection can be found vehicles with a value in the millions of dollars and others that aren’t ‘worth’ much money at all. But their potential price tag isn’t what drives his enthusiasm. Every vehicle in his collection is there because it excites him in some way. It could be the engineering, the design, the history, the provenance or any combination thereof. Nothing is in his Big Dog Garage that he doesn’t care about or know about.
Being on a financial network, my presence as an Accredited Senior Appraiser member of the American Society of Appraisers makes sense. And in my weekly segment, “Assess & Caress with Donald Osborne”, I get to choose three cars, some from his collection, others from other owners, that work into the overall theme of the episode and chat with Jay about the factors that make them interesting to enthusiast collectors and how they’ve performed on the market financially in the past 5 years.
Some may have appreciated a great deal, some slightly, some depreciated a bit. But the point we’ll always make on this show is to identify why people care – or don’t- about a vehicle and why, regardless of the financial picture you should always buy with your heart, soul and mind- not necessarily your wallet.
For those who may have missed it, here’s a link to an excerpt from my segment in Episode 3, ‘No Replacement For Displacement‘. I hope you enjoy it!