New business With permit approval, Classic Auto Sales on its way to opening shop
The classics are coming to town. Ferraris, Cadillacs, Thunderbirds, Corvettes and classic muscle cars. At least thats the plan for Jerry Logan, who is opening Classic Auto Sales at 301 W. First St.
Its going to be old classics and some new classics, muscle cars and such. And some motorcycles if they are traded in, Logan said. Its going to be an upscale used car lot, but thats putting it generally.
Thats because these cars average a sticker price between $30,000 and $80,000.
I live in Hillsboro and have 30 classic cars in my collection. I know a lot of people with 15 or 20 in their collection, or who want to drive a classic car, he said. (But thats) the reason a lot of people dont get into classic cars, is the money. Theyre really expensive.
Logan said Classic Auto Sales is an offshoot of the same company in Minnesota.
(They) sell about 30 cars a month, he said. I feel we can easily sell 15 to 20 cars a month.
But these wont all be local sales. He said about 80 percent of sales will be online.
Some will be local, but I could be surprised. It might be 50/50, he said.
He said although the company is based on the Minnesota business, the co-owners hope it will become its own company. The business is owned by Logan, an old friend who worked for the original branch and a financial backer from Tennessee.
At a Jan. 9 Planning Commission meeting, Classic Auto Sales conditional use permit was approved. That means Logan can submit construction plans for approval, the next step in the process.
We want to open up as soon as construction is done in the building, he said. There (are) a lot of dividers that need to be taken out to open up the building for the showroom. Im thinking (we will open in) March.