害羞草研究所

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Wild Ride

Silver Arrow Cars: 20 years of selling the classics
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- Words by Tess Van Straaten Photography by Lia Crowe

Internationally renowned car guru Tim Quocksister will never forget the first car he ever sold. It was a 1997 Porsche Boxster and it was 20 years ago害羞草研究所攋ust two weeks after launching .

害羞草研究所淲e害羞草研究所檝e maintained relationships for years with customers, and a lot of customers who bought a car off of us 20 years ago still are doing it today,害羞草研究所 the 42-year-old says, 害羞草研究所淚 can think of multiple people who have bought 10 or 15 cars off of us over the years and I certainly appreciate their loyalty.害羞草研究所

The Victoria-based company saw its highest-priced car sale this spring害羞草研究所攁 whopping $7.9 million USD for a rare 1955 Mercedes-Benz 300SL Alloy Gullwing.

害羞草研究所淭here were only 29 of them made and that was the third one that we have sold,害羞草研究所 explains Tim, who害羞草研究所檚 also sold 48 of the coupe and roadster variants of the 300SL.

害羞草研究所淩ight now, we have four in stock and we害羞草研究所檝e probably transacted the most of anyone else in the world that isn害羞草研究所檛 a restoration shop. We love the cars害羞草研究所攖hey害羞草研究所檙e probably one of the most recognized cars in the world with the doors that go up. They害羞草研究所檙e iconic and they were just so ahead of their time in terms of technology and performance.害羞草研究所

Several of those sales have been in the last year, during the COVID-19 pandemic. And given that the non-alloy versions fetch more than $1 million USD, it害羞草研究所檚 a pretty strong indication of the health of the collector car market.

害羞草研究所淏usiness is exceptional and we害羞草研究所檝e sold about 120 cars on Bring a Trailer [a digital auction platform], which is now one of the biggest auction sites in the world. Over the last year they害羞草研究所檝e set all-time records for car prices and we害羞草研究所檝e sold three of the highest-priced cars that they害羞草研究所檝e ever sold.害羞草研究所

It害羞草研究所檚 not at all what Tim and his team expected when the COVID-19 pandemic first hit in March of 2020, shuttering businesses and rocking economies across North America and the world.

害羞草研究所淲e obviously got a big scare and thought there害羞草研究所檚 a good chance business is going to be non-existent. We made an effort to get rid of as much inventory as we could as fast as we could,害羞草研究所 he says. 害羞草研究所淎s it turned out, March wasn害羞草研究所檛 as slow as we thought it would be, April was busier, May, June, July and August were good and it害羞草研究所檚 been up, up, up every single month. What we did learn from it is that the vast majority of people have more time on their hands than they害羞草研究所檝e ever had to sit and look at the internet and buy things they害羞草研究所檝e always wanted.害羞草研究所

It害羞草研究所檚 a far different outcome then the last time the world changed overnight. Silver Arrow was incorporated in May of 2001害羞草研究所攍ess than four months before the September 11 terrorist attacks in the US.

害羞草研究所淢y biggest learning lesson was it doesn害羞草研究所檛 matter how much you know, your world can change very quickly,害羞草研究所 Tim explains. 害羞草研究所淎t that time, I was buying cars in Canada and selling them in the United States and every US dollar was worth around $1.55 to $1.60 Canadian. And then the borders closed. I learned very quickly you can害羞草研究所檛 count on the cross-border exchange being there. We had a good wake-up call right away.害羞草研究所

Silver Arrow rode out those challenging times and business has been booming ever since. In addition to David Street location in Victoria, the company has a warehouse in Blaine, Washington that it ships vehicles from, and a facility in Scottsdale, Arizona [home of the famous Barrett-Jackson collector car auctions] that害羞草研究所檚 used as its US-operations base.

害羞草研究所淚 would say about 70 per cent of our business is outside of Victoria and of that, 70 to 80 per cent is out of Canada,害羞草研究所 Tim says. 害羞草研究所淚 think for business this next year, we害羞草研究所檙e going to make a deeper impact in the US market and build our local consignment business up more and more.害羞草研究所

Silver Arrow ships cars all over the world and Tim has helped buyers build $100 million-plus collections. Right now, he says the market is trending towards a much more modern era of collector vehicles.

害羞草研究所淭here are a lot of the cars from the 害羞草研究所80s and 害羞草研究所90s that have had huge leaps in value the last few years, and a lot of your old-timers that were collectors of the 害羞草研究所30s, 害羞草研究所40s and 害羞草研究所50s cars are becoming a little obsolete,害羞草研究所 he says. 害羞草研究所淲e害羞草研究所檙e finding that the 40-year-old collector isn害羞草研究所檛 looking for that. They害羞草研究所檙e looking for a car from the 害羞草研究所70s, 害羞草研究所80s or 害羞草研究所90s害羞草研究所攃ars like Acura NSXs that came up in 1991, the Ferrari Testarossa or Lamborghini Countach. Those were very special in their time and are gaining a great deal of interest from younger collectors.害羞草研究所

As the company celebrates its 20th anniversary, Tim says the key to success is adjusting to forks in the road while keeping to your core principles.

害羞草研究所淵ou certainly have challenges along the way, but you need to stick to your fundamentals,害羞草研究所 he advises. 害羞草研究所淪ay what you mean, mean what you say, and do what you say you害羞草研究所檙e going to do.害羞草研究所

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