Ford Pinto

Rare Collectible Cars and Inheritance in Australia: What You Need to Know

When it comes to estate planning in Australia, many people focus on homes, investments, and savings. For the car enthusiasts and collectors among us, their prized possessions can hold significant value, both financial and sentimental. But passing them on to the next generation as part of an inheritance requires careful consideration to avoid unexpected tax liabilities or disputes among beneficiaries. Are Rare Collectible Cars Subject to Inheritance Tax in Australia? Australia abolished federal inheritance tax in 1979, meaning there is no specific “death tax” levied on estates. However, this doesn’t mean your rare collectible car is entirely exempt from taxation. The Australian Taxation Office (ATO) may still consider the vehicle under capital gains tax (CGT) rules if it’s sold after being inherited.

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Five ugly cars easy to like or collect

One of the most entertaining car displays in the nearly yearlong packed calendar of auto shows is the Concours d’LeMons. It’s been held in August the past six years in conjunction with the diverse auto week celebration on the picturesque Monterey Peninsula. It’s also home to arguably the country’s most lofty auto show, the Pebble Beach Concours d’Elegance. Last year, the Concours d’Lemons expanded to Michigan. Top honor (Worst of Show) was awarded to a 1977 Leata Caballero. Never heard of it? Neither had I. It was made by Stinebaugh Manufacturing in Post Falls, Idaho, and failed. Fewer than 100 were made. Not to be outdone, at the Concours d’Lemons on the Monterey Peninsula, Worst of Show honors were bestowed

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Pontiac Aztek: Reviled, revered, cult classic

The Pontiac Aztek is likely the most maligned car in modern history. Like the Ford Pinto, Chevrolet Vega and Yugo it has been described as the ugliest car ever built and the worst car ever made. Sometimes, the criticism cut deep. One reviewer said of the Aztek, said: “The styling of the car is its best feature.” The 2001 Aztek was the most picked on model. It looked like a badly designed space vehicle or a tank that had been totaled. It was rough-edged and gaudy. Still, the Pontiac Aztek had such a rotten reputation, it’s become a cult car. I’ve spoken with two Aztek owners recently who said they wouldn’t trade their Azteks for a new SUV. My second

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Ford Pinto? VW Thing? The All-Ugly Car Club

The Pontiac Aztek is often described as the ugliest car ever made. But who’s to argue the Volkswagen Thing isn’t equally as ugly? And then there’s the Ford Pinto. They’re all notoriously unattractive cars. And because of their status, they’re also collectors’ cars. What other cars are in the the All-Ugly Collectors’ Car Club? How about several AMC models, like the Gremlin or Matador, or nearly an vintage Citroen. And not every Ford Mustang is all that attractive. The All-Ugly Collectors’ Car Club is part of TheWeeklyDriver.com’s new Collection series on eBay.com It’s among 24 collections of different sub-sets of car and trunks  I’ve researched and commented. And they’re all for sale on eBay.com To read the text and view

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Concours on the Avenue, Carmel, 2012: Jaguar to Muscle Cars, Maserati to Mercedes-Benz

Concours on the Avenue is an ideal way to begin Monterey Auto Week. It’s low-key with a great mix of automobiles parked on Ocean Ave., and adjoining side streets for a one-day, judged show. The beauty of the show, this year, held Aug. 14, is the combination of the cars and their  engaging owners eager to discuss their vehicles w — Bugatti to Buick, Ferrari to Ford Pinto — with the public. And it’s hard to go wrong with a car show stationed in Carmel. The weather was in the mid-60s and the sunshine, as per Monterey Peninsula tradition and right on time, arrived in late morning. Bruce Aldrich publisher of I’mTahoeLive,com, filmed and edited the video below. James Raia,

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Two Fords, Two Chevys among 10 worst cars ever sold in America

It's not the first time the Pontiac Aztek has been named the worst car in history. But Jerry Hirsch, the long-time auto reviewer for the Los Angeles Times, has a lot of fun revisiting his list and calling it the "Ten Worst Cars Sold in America." The Aztec is again No. 1. The current list spans more than 85 years and includes four vehicles from the 1970s as well as two Fords and two Chevrolets. Each vehicle on the list is feature with a picture, and the axiom that one picture is worthg one thousand words certainly holds true by the looks of some of the beasts. But each vehicle is also followed by a brief description of why it's

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Pontiac Aztek (again), Ferrari, Aston Martin Among 100 Worst Cars In History

It's not often a Ferrari 612 Scaglietti and Pontiac Aztec get mentioned in the same review. Or, when was the last time you've read a comparison between a Hyundai Excel and a Rolls Royce? How about when all the above are named to the list of 100 worst cars in history? Good or bad, cheap or pricey, fast or slow, underpowered or unsafe, car lists are subjective and fun. Which is why InsideLine.com, the sibling site of Edmunds.com, recently published its choices for the 100 best and worst cars is history. In reverse order on the all-time worst list, the 2006 Pontiac Solstice claimed No. 100 position, the 1955 Dodge La Femme claimed the 50th position and the 2001 Pontiac

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Nissan Juke 2011 car review

The 2011 Nissan Juke, like its sibling Cube and the Kia Soul, is another automaker’s bold new style. But like two now infamous vehicles of yesteryear — the Pontiac Aztec and Ford Pinto — any new car design too risky prompts diverse opinions. With the Juke, the mini-crossover that debuted at the 2010 Geneva Motor Show, the reactions were immediate, strong and mixed: Is the Juke an automotive revolution? Is it so ugly it’s cute? Or is the Juke just ugly and ill-conceived? Regardless, the Juke from a sales perspective, is an unqualified success. In Japan, where the Juke debuted to the public in June 2010, strong sales were immediate. Likewise, in Europe and the United States, early sales have

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Most Unsafe Cars in History: Ford Pinto to Chevrolet Corvair

The Chevrolet Corvair earned the dubious honor in part when the book “Unsafe At Any Speed” paid homage to its horrible reputation for crashing disasters. The Ford Pinto is on the list because its gas tank was in the optimal place for exploding after even a minor accident. What these cars and eight other infamous vehicles have in common is that they’ve been selected as the Most Dangerous Cars In History. The websites, The Consumerist. and Auto Shippers.com have combined to present a list of common vehicles and some not so common that earn honors they’d prefer not have. The subjective list, according to The Consumerist.com, was compiled when “Auto Shippers combed through the auto industry’s storied history of catastrophic

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AMC Pacer gets dubious honor: ugliest car ever built

What’s the ugliest car ever made? It’s all subjective, of course. But more than 2,000 specialty car collectors were recently asked to select the choices for the dubious honor. And the winner (loser?), at least according to one national poll, is the AMC Pacer. Hagerty Insurance, located in Traverse City, Mich., conducted the survey. It tallied nearly 2,500 votes and the Pacer, a small hatchback that was introduced in 1975, was one of three AMC vehicles on the list. The Pacer only lasted until 1980, but it’s not alone among AMC vehicles receiving ugly awards. The AMC Gremlin and Matador station wagon also made the ugliest list. According to the survey, one respondent said: “AMC’s only conceivable excuse for this

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