Mark Chase and Bernie Chase, commonly known as the Chase Brothers, have established their business, Symbolic Motor Car. The business provides an impressive inventory of Classic & Competition automobiles. Symbolic Motor Car has a long list of affluent clients and it includes around Forbes 400 members.
Symbolic Motor Car was established by Bernie Chase and Marc Chase in their garage in 1985. At present, the business has a net worth of around $120 million a year for supplying vintage cars. The company’s 25,000-square-foot store in San Diego, California, has got many exclusive cars ever existed at a global level.
Symbolic Motor Car has got a huge collection of vintage cars. The list includes a red 1939 Alfa Romeo 8C 2900B Touring Spyder, one of the only 12 built cars. Besides, the company has a 1938 coupe that was the winner of Italy’s 1947 Mille Miglia. Each vintage car has a price value of $6 million.
Unlike other vintage goods merchants, Symbolic doesn’t operate on consignment, but it is funded by the net worth of Bernie and Marc Chase. To satisfy the requirements for huge net worth, the Chase brothers easily arrange the capital budget.
Symbolic Motor Car’s inventory consists of vintage cars such as Ferrari, Lamborghini, Porsche, and Mercedes-Benz. For example, in 1996, the vintage motor car company chose a 1967 Ferrari 412P for a value of $3 million.
The car had a marvelous history as it had won the 1,000-kilometer races at Monza (Italy) and Spa-Francorchamps (Belgium) in 1966. The car got sold to a renowned Japanese investor for a hefty price of $4.5 million.
Besides its business operations, Symbolic Motor Car partakes in charity. For example, Bernie Chase collects approximately $60 million per year to contribute to Scripps Research Foundation and Institute for Childhood and Neglected Diseases. Bernie Chase also raises some portion of charity from luxurious car donations.