The Six-Figure Cars Drawing Enthusiastic Women Buyers
Kanebridge News
    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,736,779 (+1.11%)       Melbourne $1,057,340 (+0.67%)       Brisbane $1,151,226 (+0.91%)       Adelaide $1,015,559 (-0.31%)       Perth $1,005,131 (+1.51%)       Hobart $796,466 (+0.04%)       Darwin $882,186 (+3.28%)       Canberra $964,108 (-3.09%)       National $1,143,418 (+0.66%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $795,054 (-0.05%)       Melbourne $519,602 (-0.44%)       Brisbane $725,709 (+0.28%)       Adelaide $576,859 (+0.27%)       Perth $556,364 (-0.30%)       Hobart $539,090 (+1.17%)       Darwin $431,601 (-3.46%)       Canberra $496,653 (+1.87%)       National $602,168 (+0.09%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 12,039 (+174)       Melbourne 12,993 (-35)       Brisbane 7,289 (-39)       Adelaide 2,335 (-40)       Perth 5,251 (-17)       Hobart 827 (+11)       Darwin 144 (+1)       Canberra 937 (+12)       National 41,815 (+67)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 9,101 (+9)       Melbourne 6,848 (-50)       Brisbane 1,320 (-17)       Adelaide 358 (+2)       Perth 1,221 (-32)       Hobart 171 (+4)       Darwin 244 (+4)       Canberra 1,120 (+13)       National 20,383 (-67)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $800 ($0)       Melbourne $580 ($0)       Brisbane $670 ($0)       Adelaide $630 (-$10)       Perth $700 ($0)       Hobart $600 (+$8)       Darwin $750 ($0)       Canberra $690 (-$10)       National $685 (-$2)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $750 (-$10)       Melbourne $599 (-$1)       Brisbane $650 ($0)       Adelaide $535 (+$8)       Perth $650 (-$25)       Hobart $460 (-$5)       Darwin $595 (-$5)       Canberra $570 ($0)       National $612 (-$6)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 5,374 (-74)       Melbourne 7,632 (-176)       Brisbane 3,997 (+12)       Adelaide 1,498 (-8)       Perth 2,385 (-46)       Hobart 156 (-18)       Darwin 100 (+7)       Canberra 417 (-34)       National 21,559 (-337)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 7,991 (-97)       Melbourne 5,949 (-41)       Brisbane 1,977 (-78)       Adelaide 411 (-13)       Perth 729 (-25)       Hobart 70 (-7)       Darwin 149 (+12)       Canberra 680 (-44)       National 17,956 (-293)                HOUSE ANNUAL GROSS YIELDS AND TREND         Sydney 2.40% (↓)       Melbourne 2.85% (↓)       Brisbane 3.03% (↓)       Adelaide 3.23% (↓)       Perth 3.62% (↓)     Hobart 3.92% (↑)        Darwin 4.42% (↓)     Canberra 3.72% (↑)        National 3.11% (↓)            UNIT ANNUAL GROSS YIELDS AND TREND         Sydney 4.91% (↓)     Melbourne 5.99% (↑)        Brisbane 4.66% (↓)     Adelaide 4.82% (↑)        Perth 6.08% (↓)       Hobart 4.44% (↓)     Darwin 7.17% (↑)        Canberra 5.97% (↓)       National 5.28% (↓)            HOUSE RENTAL VACANCY RATES AND TREND       Sydney 2.0% (↑)      Melbourne 1.9% (↑)      Brisbane 1.4% (↑)      Adelaide 1.3% (↑)      Perth 1.2% (↑)      Hobart 1.0% (↑)      Darwin 1.6% (↑)      Canberra 2.7% (↑)      National 1.7% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 2.4% (↑)      Melbourne 3.8% (↑)      Brisbane 2.0% (↑)      Adelaide 1.1% (↑)      Perth 0.9% (↑)      Hobart 1.4% (↑)      Darwin 2.8% (↑)      Canberra 2.9% (↑)      National 2.2% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND       Sydney 26.8 (↑)        Melbourne 27.0 (↓)       Brisbane 29.6 (↓)       Adelaide 24.7 (↓)       Perth 34.3 (↓)       Hobart 27.7 (↓)       Darwin 25.7 (↓)       Canberra 26.9 (↓)       National 27.8 (↓)            AVERAGE DAYS TO SELL UNITS AND TREND         Sydney 27.1 (↓)       Melbourne 27.4 (↓)       Brisbane 29.3 (↓)       Adelaide 26.8 (↓)       Perth 34.5 (↓)       Hobart 26.7 (↓)     Darwin 31.3 (↑)      Canberra 39.7 (↑)        National 30.4 (↓)           
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The Six-Figure Cars Drawing Enthusiastic Women Buyers

By JIM MOTAVALLI
Tue, Aug 13, 2024 9:35amGrey Clock 5 min

Classic cars or SUVs painstakingly retrofitted with modern drivetrains and interiors, otherwise known as “restomods,” are selling out despite prices of US$200,000 to US$400,000 and up. And the buyers are not all men.

The world of classic cars is overwhelmingly male-dominated, but it turns out these modernized versions have a broader appeal, tapping into girlhood nostalgia, too. The specialty shops that make these cars, based on everything from the Mercedes 280SL and Chevrolet Chevelle to off-roaders like the Land Rover Defender and the Ford Bronco, are reporting that their lists of female clients are growing, and some are buying more than one.

Jacqueline Comolli, who has homes in California and Maui, has a mid-US$300,000s Icon4X4 Ford Bronco, in orange and light blue, at each location.

“I’m happy with both of them,” she says. “I’ve only ever been drawn to old cars. They speak to me. But I can’t have a car that wouldn’t be safe or reliable. I don’t want to think that it’s about to break down.”

The light blue Bronco is one of two from Icon4X4 owned by Jacqueline Comolli.
Icon4X4

Comolli reports that she’s using the orange Bronco, fitted with a modern Ford five-liter “Coyote” V8 producing 420 horsepower, in Maui as her daily driver.

“It really connects with people who see it, in the way a regular expensive luxury car would not,” she says. “The older cars that people remember just evoke a feeling.”

Restomods are bespoke commissions, encouraging their owners to get involved in choosing colours and materials. Comolli says she sent in a “ratty old bikini top and a high-heeled shoe” for the colours she wanted.

Inside Jacqueline Comolli’s blue Bronco.
Icon4X4

Though the colour inspiration might be a bit different, the priorities of male and female clients are “pretty much the same,” says Jonathan Ward, CEO and lead designer at Icon4X4.

“They want enhanced performance, safety, and ease of service, while maintaining the vintage style and vibe.” He added that only 5% of his customers are women now, but “we are seeing more female interest.”

Emme Hall is a California-based auto writer who is very hands-on with her 2001 Mazda Miata off-road racer.

“There are fewer women who are car people today, and traditionally we haven’t had the same opportunities to work on cars,” she says. “When I wrench on my car I have to watch YouTube videos to avoid making mistakes. But when you buy one of these restomods, you get a dream car that is already done for you. The reliability and the workmanship are guaranteed.”

Katy Schuman in her Gateway Bronco.
Katy Schuman

Katy Schuman, who drives a car from Illinois-based Gateway Bronco built to her individual style, is an interior designer who has also worked with Gateway on the details of another pair of Bronco builds. She has a second restomod on order, a Defender being built by the Landrovers, a company in Holland. Schuman’s husband drives a blacked-out LS3-powered 1968 Chevrolet Chevelle restomod with an eight-speed push-button automatic that was originally special-ordered by comedian David Spade from Florida-based Velocity.

Schuman says that her Bronco was built from a second-hand 1969 car that she and her husband had on the road for 12 years.

“They completely rebuilt our old Bronco,” she said. “It’s a lot smoother now with a new chassis, stronger brakes and motor.” When the Bronco was just a well-worn used car it broke down frequently, often while Schuman was ferrying the kids to school. “It was usually the battery,” she says.

Wales-based Hemmels completely rebuilds Mercedes SLs to exacting specifications, and CEO Thomas Butterfield says that 10% of his clients are women—more than most of the competition.

“Our women buyers are exceptionally focused on detail, and they thrive on the car being custom and bespoke,” Butterfield says. “There’s a reason one-off handbags from Hermès sell for millions, because they’re statements.”

He added that the company has matched exterior and interior colors from handbags, flecks of house paint, and shades of nail varnish.

Tessa Hartmann , a Scottish branding strategist in the fashion and entertainment space who appeared on ITV’s Real Housewives of Jersey for two seasons, first fell in love with Mercedes sports cars as a child when she saw movie star Grace Kelly in a 190 SL. Hartmann first owned “Grace,” a 1969 Mercedes 280SL “Pagoda” that she’d traded for her Maserati Ghibli. But the car needed a lot of expensive loving care and attention, and a restoration through a local shop stalled—in part because, Hartmann felt, the owners took advantage of a woman client. Hartmann decided to swap Grace for a restored SL.

“It was at that point that I discovered Hemmels,” Hartmann says. “I felt bad for Grace, but I named the new car ‘Doris’ after Doris Day, who also has an effortless charm and a wholesome femininity about her.”

Hartmann notes that her four kids thought she was making an eccentric move, which prompted the thought that “it’s O.K. for a man to idolise engines, exhaust, and torque, but if a woman expresses an interest in cars, especially classic cars, she’s eccentric? Frankly I couldn’t have cared less what people thought. I was in charge. I had earned the right to do what I wanted. I am a workaholic and if this was my vice, so be it.”

Doris has had a makeover, and Hartmann took delivery of the 1970 car last year, paying around £220,000 (about US$280,000 and minus the £70,000 she got for trading in Grace). “Doris has a silver body, red leather interior, a red roof, and a hardtop—she’s quite magnificent, and the craftsmanship from Hemmels is impeccable,” Hartmann says. “Doris only gets to come out on sunny days. I feel an immense pride in being able to have one of these cars—it was an achievement many years in the making.” She’d buy another restomod, and thinks they hold their value well.

The E.C.D. Defender bought by Diane Johnson-Marchand and Tania Marchand.
E.C.D. photo

The ride owned by Diane Johnson-Marchand and Tania Marchand, is a restored bright-white 1990 Land Rover Defender 110 known as “Island Girl” in right-hand drive, upgraded to 455 horsepower via a GM LT1 V8. The builder, at a cost of around US$300,000, was Florida-based E.C.D. Automotive Design, which also restores Jaguar E-Types and Mustangs and has a little more than 6%female clients.

E.C.D. CEO Scott Wallace says the women he’s worked with bring a unique “perspective and flair” to their custom builds, “resulting in one-of-one vehicles that truly stand out. Their attention to detail and passion for design continually inspire us.”

Johnson-Marchand, a veterinarian in the Daytona Beach area of Florida, learned to drive in a Defender in Hawaii. That one was right-hand drive, so the new one had to be, too. She wanted an alloy-bodied car, located one in South Africa, and imported it to the U.S. before handing it over to E.C.D. for a nine-month build.

“We spent a month just on the design and personalised many aspects of the car,” Johnson-Marchand says. “And there were several on-site visits. E.C.D. kept us posted each step of the way, so we were able to see the car through the assembly process. Vintage looks combined with a modern drivetrain, that combination allows us to have the best of both worlds.”

There is actually a club for women supercar owners, the Arabian Gazelles, based in Dubai. Seeing the growing trend, similar organisations could take root around the world.



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In a Sea of Tech Talent, Companies Can’t Find the Workers They Want

A divide has opened in the tech job market between those with artificial-intelligence skills and everyone else.

By CALLUM BORCHERS
Thu, Oct 2, 2025 4 min

There has rarely, if ever, been so much tech talent available in the job market. Yet many tech companies say good help is hard to find.

What gives?

U.S. colleges more than doubled the number of computer-science degrees awarded from 2013 to 2022, according to federal data. Then came round after round of layoffs at Google, Meta, Amazon, and others.

The Bureau of Labor Statistics predicts businesses will employ 6% fewer computer programmers in 2034 than they did last year.

All of this should, in theory, mean there is an ample supply of eager, capable engineers ready for hire.

But in their feverish pursuit of artificial-intelligence supremacy, employers say there aren’t enough people with the most in-demand skills. The few perceived as AI savants can command multimillion-dollar pay packages. On a second tier of AI savvy, workers can rake in close to $1 million a year .

Landing a job is tough for most everyone else.

Frustrated job seekers contend businesses could expand the AI talent pipeline with a little imagination. The argument is companies should accept that relatively few people have AI-specific experience because the technology is so new. They ought to focus on identifying candidates with transferable skills and let those people learn on the job.

Often, though, companies seem to hold out for dream candidates with deep backgrounds in machine learning. Many AI-related roles go unfilled for weeks or months—or get taken off job boards only to be reposted soon after.

Playing a different game

It is difficult to define what makes an AI all-star, but I’m sorry to report that it’s probably not whatever you’re doing.

Maybe you’re learning how to work more efficiently with the aid of ChatGPT and its robotic brethren. Perhaps you’re taking one of those innumerable AI certificate courses.

You might as well be playing pickup basketball at your local YMCA in hopes of being signed by the Los Angeles Lakers. The AI minds that companies truly covet are almost as rare as professional athletes.

“We’re talking about hundreds of people in the world, at the most,” says Cristóbal Valenzuela, chief executive of Runway, which makes AI image and video tools.

He describes it like this: Picture an AI model as a machine with 1,000 dials. The goal is to train the machine to detect patterns and predict outcomes. To do this, you have to feed it reams of data and know which dials to adjust—and by how much.

The universe of people with the right touch is confined to those with uncanny intuition, genius-level smarts or the foresight (possibly luck) to go into AI many years ago, before it was all the rage.

As a venture-backed startup with about 120 employees, Runway doesn’t necessarily vie with Silicon Valley giants for the AI job market’s version of LeBron James. But when I spoke with Valenzuela recently, his company was advertising base salaries of up to $440,000 for an engineering manager and $490,000 for a director of machine learning.

A job listing like one of these might attract 2,000 applicants in a week, Valenzuela says, and there is a decent chance he won’t pick any of them. A lot of people who claim to be AI literate merely produce “workslop”—generic, low-quality material. He spends a lot of time reading academic journals and browsing GitHub portfolios, and recruiting people whose work impresses him.

In addition to an uncommon skill set, companies trying to win in the hypercompetitive AI arena are scouting for commitment bordering on fanaticism .

Daniel Park is seeking three new members for his nine-person startup. He says he will wait a year or longer if that’s what it takes to fill roles with advertised base salaries of up to $500,000.

He’s looking for “prodigies” willing to work seven days a week. Much of the team lives together in a six-bedroom house in San Francisco.

If this sounds like a lonely existence, Park’s team members may be able to solve their own problem. His company, Pickle, aims to develop personalised AI companions akin to Tony Stark’s Jarvis in “Iron Man.”

Overlooked

James Strawn wasn’t an AI early adopter, and the father of two teenagers doesn’t want to sacrifice his personal life for a job. He is beginning to wonder whether there is still a place for people like him in the tech sector.

He was laid off over the summer after 25 years at Adobe , where he was a senior software quality-assurance engineer. Strawn, 55, started as a contractor and recalls his hiring as a leap of faith by the company.

He had been an artist and graphic designer. The managers who interviewed him figured he could use that background to help make Illustrator and other Adobe software more user-friendly.

Looking for work now, he doesn’t see the same willingness by companies to take a chance on someone whose résumé isn’t a perfect match to the job description. He’s had one interview since his layoff.

“I always thought my years of experience at a high-profile company would at least be enough to get me interviews where I could explain how I could contribute,” says Strawn, who is taking foundational AI courses. “It’s just not like that.”

The trouble for people starting out in AI—whether recent grads or job switchers like Strawn—is that companies see them as a dime a dozen.

“There’s this AI arms race, and the fact of the matter is entry-level people aren’t going to help you win it,” says Matt Massucci, CEO of the tech recruiting firm Hirewell. “There’s this concept of the 10x engineer—the one engineer who can do the work of 10. That’s what companies are really leaning into and paying for.”

He adds that companies can automate some low-level engineering tasks, which frees up more money to throw at high-end talent.

It’s a dynamic that creates a few handsomely paid haves and a lot more have-nots.

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