Collector Car Insurance: The History of Lotus Part 1

Mention the brand Lotus around any sports car and racing enthusiasts and you will undoubtedly be met by a chorus of oos-and-ahs. Over the last 60 years Lotus has carved out a name for themselves among aficionados on and off the track as exemplary examples of British auto engineering and craftsmanship.

Founded in 1952 by engineer and motorsports enthusiast Anthony Colin Bruce Chapman, better known as Colin Chapman, and his friend Colin Dare, Lotus Engineering Ltd had lofty aspirations from the start. Chapman’s desire to create competitive race cars in the years after WWII drove him to produce his first road vehicles as a way of financing his racing ambitions. In 1954 Chapman emphasized his serious interest in motorsports vehicle production by founding a separated division for racing vehicle production. In 1959 Chapman created the Lotus Group which consisted of three separate entities: Team Lotus, Lotus Cars, and Lotus Components. Team Lotus which was completely designated to motorsports, while the Lotus Cars division would focus their efforts on road vehicle manufacturing, and Lotus Components emphasis was custom vehicle production.

Between 1954 and 1994 Team Lotus engineered and entered vehicles in many series, including Formula One, Formula Two, Indy Car and sports car racing. The team won a number of titles and accolades for speed and design becoming one of the most successful racing teams of all time. Simultaneously, Lotus’s early road cars were produced and purchased only as kit cars, which lasted through the late 1960’s. After which time the auto makers began work on their first fully assembled commercial vehicle. After a collaborating with Ford on the Lotus Cortina, a kit style racer featuring a Ford engine block with Lotus head and valve gear, Lotus released the Lotus Elan Type 2 which became that first Lotus road car not offered in kit form. The Elan Type 2 was modeled after the racing version of the same model. By the mid 1970’s Lotus was producing their renowned Eclat and  Elite  models as fully factory built vehicles.

To learn more about the history of Lotus read on here.

At Condon Skelly, we understand the importance of protecting your collectible, antique, classic, muscle and exotic cars is. That’s why we specialize in offering complete collector car insurance. We’re a group of collectors, enthusiasts, and professionals who specialize in insuring all types of collector vehicles. Our team is as passionate about protecting your vehicles as you are about collecting them. We can help you secure affordable, industry-leading specialty car insurance coverage to protect your classic, antique, or exotic vehicles. For more information, contact our collector car insurance specialists today at (866) 291-5694.

Packard: The History of an American Luxury Classic

The story of the Packard automobile starts in the early 1900s, founded by James Ward Packard, his brother William Doud Packard and their partner, George Lewis Weiss in the city of Warren, Ohio. 400 Packard automobiles were built at their Packard factory from 1899 to 1903. Being a mechanical engineer, James Ward Packard believed that they could build a better horseless carriage than the Winton cars owned by Weiss, an important Winton stockholder.

From its beginning, Packard-build vehicles were perceived as highly competitive among high-priced luxury American automobiles. The company was often referred to as being one of the “Three P’s” of American motordom royalty, along with Pierce-Arrow of Buffalo, New York and Peerless of Cleveland, Ohio.

For most of its existence, Packard was guided by its President and General Manager James Alvan Macauley, who also served as President of the National Automobile Manufacturers Association.  Macauley made Packard the number one designer and producer of luxury automobiles in America, and was inducted into the Automobile Hall of Fame.

The Packard legacy stayed strong through the 30s and 40s, but by the end of World War II, even though they were in excellent financial condition, several management mistakes became visible. Postwar Packards sold well, but they had become virtually alike in styling by this time, and management had decided to direct the company more to volume middle-class models, thus concentrating on selling lower priced cars.

Management also tried to enter the taxi cab and fleet car market. These actions eventually diluted Packard’s image as a luxury brand, and they lost many buyers. Sales continued to dwindle until June 25^th, 1956 when the last Packard rolled off the production line at Packard’s plant in Detroit, Michigan.

Whether you own a classic Packard or any other type of classic or antique car, it’s important to protect it financially with the right type of Classic Car Insurance Coverage. At Condon Skelly, we know how exciting it can be to start a classic car collection. We’ve been helping our customers protect their classics with affordable, industry-leading insurance coverage since 1967. We’re a group of collectors, enthusiasts, and professionals who specialize in insuring all types of collector vehicles. For more information, please contact us today at (866) 291-5694.

Collector Car Insurance: The Appeal of the ’55-’57 Chevy Nomad

While you may not think of a station wagon when talking about classic and collector vehicles, many classic car enthusiasts consider the Chevy Nomads of the mid-50’s to be some of the most iconic cars of their time. Experts from ConsumerGuide Automotive have called the Chevrolet Nomad the “prettiest wagon ever built and a car with immense, longtime appeal simply because it’s a classic Chevy.”

The creators of this collector car were Chevrolet studio head Clare MacKichan and stylist Carl Renner. MacKichan’s group had suggested at “sport wagon” as one addition to Chevy’s all-new 1955 line. MacKichan stated, “The Corvette theme was a popular one.”  Based on the Corvette model, Renner had come up with a sketch for a station wagon roof that caught the eye of General Motor’s Harley Earl, and Earl asked that it be incorporated into a station wagon version as one of three Corvette idea cars for the 1954 Motorama.

The end result was the Corvette Nomad. This prototype featured a fiberglass bodywork on a 1953 Chevrolet wagon chassis. Renner’s roof design complimented the lower body lines of Chevy’s recently announced sports car. Originally unveiled in January 1954, the car was such a hit that Chevy quickly ordered MacKichan to adapt its roofline to Chevrolet’s forthcoming 155 passenger-car styling.

The unique styling of what became known as the Chevy Nomad continued through 1956 and 57. Chevy’s were given a more conventional full-width grille, pleasing customers who didn’t like the Ferrari-inspired ’55 front end. General Motors discontinued the original Nomad Sport Wagon at the end of the 1957 model year due to low sales and the introduction of a new body for 1958, but the Chevy Nomad is still considered to be a milestone vehicle.

Whether you own a classic Chevy or any other type of classic or antique car, it’s important to protect it financially with the right type of Classic Car Insurance Coverage. At Condon Skelly, we know how exciting it can be to start a classic car collection. We’ve been helping our customers protect their classics with affordable, industry-leading insurance coverage since 1967. We’re a group of collectors, enthusiasts, and professionals who specialize in insuring all types of collector vehicles. For more information, please contact us today at (866) 291-5694.

Classic Car Insurance: ’64 Pontiac GTO

The 1964 Pontiac GTO was a car with ‘attitude’- a bigger V8 than previous cars, hood scoops, dual exhausts, a Hurst shifter, racy trim, and a name inspired by the Ferrari 250 GTO. The moment that the ’64 Pontiac GTO went on sale is often credited to be the start of the classic “muscle car” era.

This car came three ways. There were the expected sporty-car styles of the day, a convertible, and a two-door hardtop. There was also a coupe with a fixed B-pillar, which Pontiac called the Sports Coupe. The Sports Coupe was 20 pounds lighter than the hardtop and 150 lighter than the convertible, with the lowest starting price of all the models, making it the most popular.

The basis for the first 10 years of GTOs was GM’s “A-Body” platform, upon which midsize care for every General Motors marketing division except Cadillac were built. In 1964, that meant the A-Body chassis was found under the Buick Skylark, Chevrolet Chevelle, Oldsmobile Cutlass and Pontiac Tempest lines. Sportier versions of each of those cars were available with small (for the time) V8 engines, but only Pontiac dared to install a truly large V8 in its Tempest in ’64, and when a Tempest had a 389-cubic-inch V8 under its hood, it was a GTO.

The GTO package included the 389 V8, quick steering, dual exhaust, and premium tires. The 389 cid engine came with 325bhp with a single 4bbl carb or 348bhp with the optional Tri-power setup, 3 2bbl carbs. While Pontiac hoped to sell 5,000 copies, they ended up selling 32,450 of them.

Whether you own a GTO or any other type of Antique or Classic Car, we can insure it at Condon Skelly. Since 1967, we have been helping our customers protect their classics with affordable, industry-leading insurance coverage. We are a group of collectors, enthusiasts, and professionals who specialize in insuring all types of collector vehicles. Please contact us today for more information.

Collectible Car Insurance: Tips on Buying Classic Cars

When purchasing a car, there are many factors to keep in mind, such as gas mileage, insurance costs, etc. When buying a classic car however, there are even more important features and potential issues to keep in mind. Vintage and classic cars are a very fun item to collect for many people, however if this is your first time buying a classic car, it’s important to keep the following tips in mind.

Do your homework. Know what the classic car you are considering is actually worth. With the advent of technology and social media sharing, it’s really easy to get in touch with experienced car collectors who are “in the know”.

Don’t start with a rusty car. You may be able to replace panels or repair rusty spots, but once a car has rust, it always has rust. This is a sign that the car has not been taken very good care of, and you should probably pass on that purchase.

Check that all the parts belong to that car. This means looking at the engine, transmission, and rear axle to make sure they all link up to the vehicle’s VIN number. The transmission and rear end will usually be stamped with date codes, which you can look up to determine if the dates sync correctly.

Buy what you like. It’s easy to want to purchase a classic car that is being sold at a really good deal. However, if you do plan on taking any leisure trips in it, wouldn’t you want a car you’d truly love to drive?

Consider the color. You may be surprised by how much a rare color combination can drive up the value of a classic vehicle. It’s always wise to invest in classic cars that are one-of-a-kind.

At Condon Skelly, we know how exciting it can be to start a classic car collection. We’ve been helping our customers protect their classics with affordable, industry-leading insurance coverage since 1967. We’re a group of collectors, enthusiasts, and professionals who specialize in insuring all types of collector vehicles. For more information, please contact us today. (866) 291-5694

How to Properly Store Your Car This Winter

As winter approaches, many classic car owners are getting ready to store their cars for 4-5 months. While the Classic Car Insurance policy we offer does not have seasonal restrictions, you might still be limiting your occasional leisure rides and car shows during this time to avoid the cold. If so, it’s important to know that leaving your classic car unprotected, even inside a garage, during the winter can be damaging.

Below are some tips and ideas that will keep your classic car safe from icy winter conditions.

Clean and wax the finish. Be sure to wash the car first to remove any dirt and foreign particles. Also, be sure to store any waxes and cleaners you use inside your house during the winter since the freezing and thawing process can actually change their chemical compositions.

Check your coolant level. Make sure to correctly mix and fill your radiator with the proper coolant. If it’s been awhile, you might want to invest in a complete cooling system flushing process to ensure the job is done right.

Check your oil level. Some experts recommend replacing the oil and filter upon storage and then once again in the spring when you take your classic car out of storage. Whether you take this step or not, it’s still important to make sure the fluid levels are correct.

Prepare your fuel system. When gasoline sits, it can break down and form gum and varnish, which will clog a fuel system. Add a fuel stabilizer to your gas tank and run the engine for a few minutes to allow the agent to mix in with your fuel system lines.

Adequately cover the car. Invest in a breathable car cover. Don’t rely on a plastic tarp, as they don’t allow rising moist air to pass through. Adequate coverage is also important to prevent critters such as mice from seeking warmth in your vehicle.

Remove or disconnect the battery. When you do so, don’t place the battery on the concrete garage floor, since temperature fluctuations in the concrete will rob the battery and cause premature wear. If you have to store the battery on the floor, put a wood board down first, as this will serve as an insulator.

Bring the car off of the floor. It’s a very wise idea to place the vehicle on four heavy-duty jack stands and make sure you put some padding between them and the cars frame. This will relieve spring tension and will keep your classic car’s tires from flat spotting while resting in one place all season.

At Condon Skelly, we understand that your classic car is your pride and joy, and that you want to do everything you can to retain its appearance for years to come. We are able to insure a wide variety of collector vehicles, from original antiques to brand new exotic sports cars, as long as the vehicle is a true collectible. For more information, please contact us today. (866) 291-5694

We recently attended the 2012 Northeast Rod & Custom Car Show in Oak, PA. The quality and variety of customs and hot rods was impressive, so we thought we’d share some with you. It’s great to get out and visit car shows whenever you can – there are great ideas for your own collection, and an opportunity to meet other and share your passion. Now that spring is underway, we hope to be visiting many more car shows in the upcoming months. We’ll keep you posted!

For more on insuring your collector car or hot rod, visit Condon Skelly today.

The 2010 Explorer was actually the last Ford to use the Cologne V6. What’s interesting about this engine? It was produced, in various iterations, continuously since 1968. With a displacement range from 1.8 to 4.0 liters, it fulfilled a diverse role in motivating Fords throughout the late 60s, the 70s, and the 80s. Early models were mostly European Fords (thus the plant in Cologne, Germany). But later models started making their way stateside, until the Cologne V6 powered every small truck Ford sold. The latter-day explorers are the first and only iteration of the Cologne (aside from the specialty Cosworth) to eschew pushrods in favor of single overhead cams. So even drivers buying SUVs just a few years ago were buying into a family of engines dating back over 40 years. An interesting notion about where we came from, and where we’re going.

1. Do classic car insurance policies offer deductibles? – Yes. Usually there are a variety of deductible options. Because annual premiums are so low, many customers choose to have a zero deductible, but several different options are available.
2. Is coverage available seasonally?  – Definitely! At Condon Skelly we’re flexible to your changing needs. During the off-season when your classic vehicle isn’t being used, we’ll be happy to insure your vehicle for comprehensive coverage only.
3. What are Condon Skelly’s garage requirements? – When you’re not out driving or showing you classic or antique vehicle, we require that you keep your pride and joy in a fully enclosed, locked garage.
4. What is Agreed Value? – Agreed Value policies guarantee that in the event of a total loss – resulting from an accident, theft or anything else – you’ll receive your collectible vehicle’s full value. And you’ll know what that value is right when you file your claim, because it’s the value agreed upon when you set-up your policy.

I think we all know this week’s vehicle. It’s one of the best-selling trucks of all time – a household name for several decades. But hardly a collectible, one might say. Especially this model – produced through 2010. What makes this truck interesting, unusual, and in some ways a collectible car at heart? Check back next week to find out.

As always, for more on collector car insurance and collectible cars, visit Condon Skelly today.