A warehouse along the train tracks east of downtown Los Angeles isn’t where you’d expect to encounter a sprawling collection of classic cars. Indeed, Manos noted that Beverly Hills Car Club sells some cars that are “inoperable,” and designated “planned non-operation” with the California Department of Motor Vehicles — a classification for vehicles that won’t be driven. Kelley said Beverly …
The used-car market is booming, with list prices in the L.A. area reaching record levels in recent months, due in part to production issues in the new-automobile business. “I didn’t expect to get that much,” said Iliff, 31, director of business operations at BOTEC Analysis, a public policy research and consulting firm. Last year’s collapse of the rental car market, …
