One Man’s Quest to Reunite With His First Love: A 1971 VW Bug
Jeff Siegrist couldn’t take his mind off the car he sold in 1996. So he set out to track it down.
Jeff Siegrist couldn’t take his mind off the car he sold in 1996. So he set out to track it down.
Locals in Pawleys Island have a special affection for classic vehicles. The coastal South Carolina town is home to many nostalgic retirees, and on weekends its streets see plenty of restored ‘60s-era muscle cars.
Of all the classics motoring past Parlor Doughnuts on Ocean Highway, none has captured the community’s attention like Rudolph the Red-Nosed Volkswagen.
“Everybody in town rubber necks and waves when this Beetle drives by,” says Rev. Wil Keith, a 47-year-old priest. “It’s one of the much-adored cars in our little town right now.”
It is a 1971 red Super Beetle and its story is special.
Jeff Siegrist was a student at the University of Tennessee when he first set eyes on her at a Knoxville dealership.
Siegrist pounced, handing over his father’s old Ford Falcon and $2,278.54 for the Bug. He kicked in $67.45 for an AM radio and $5.95 for a cigarette lighter.
“So that was my car from that day forward,” says Siegrist, an executive search consultant specialising in the forest products industry.
The Beetle was a sales phenomenon and a pop-culture hit that ushered in the era of mass European auto imports. It was also a Hollywood star, thanks to Herbie from the “Love Bug” movie franchise.
Siegrist road-tripped his Beetle all over. When he met his future wife, Mary, he took her on a first date in the red Bug. When the couple had their first child, the baby boy came home in the backseat.
“It was part of the family,” says Siegrist. Mary gave the car its name, around Christmas time in 1972: Rudolph.
The couple had two more children and ultimately sold the car in 1996. “It just wasn’t practical anymore,” he says. “There were tears in my eyes.”
Up to this point, the story isn’t much different from many of the more than 21.5 million original Beetles that Volkswagen sold.
But during the pandemic, things got interesting.
“I kept thinking, ‘Boy, I wish I knew where my old Beetle was,’” says Siegrist. “I wondered whether other people loved it the way my wife and I did.”
Eventually he got serious. He dug up the car’s original bill of sale, which had a vehicle identification number. He had sold the car to someone in Georgia, a quarter century earlier.
So he called the Georgia department of motor vehicles. Turns out the car was still registered and on the road. But that’s all the office would say.
Siegrist got an attorney involved. Two weeks later, the lawyer called with a name and a phone number for a woman he believed to be the current owner. So Siegrist called.
“I was shocked,” says Tracy Swift, who teaches dental hygiene at Albany State University in Georgia. “He started the conversation with, ‘You’re going to find this phone call very weird.’” Swift thought she had a stalker, and recalls Siegrist saying, “I’m not crazy, I promise. Just let me tell you my story.”
Swift did drive a 1971 Beetle. She checked the VIN number and it was a match.
Siegrist traveled to Georgia, met Swift at her office, and drove the car in the parking lot. “I didn’t want to sell the car,” she says, “but because of his story, I felt like it needed to go back to its owner. It was the sweetest story.”
They agreed on a price (he says “many times over the original cost”) and the car showed up on a truck in Siegrist’s driveway days later. It was just before Christmas in 2022.
The first thing Siegrist and his wife did was drive around the block, with tears in their eyes. “Rudolph is back!” his wife yelled as they drove.
Siegrist went digging in a bucket full of coins and junk for a key chain. At the bottom, he found Rudolph’s original key. He didn’t remember saving it.
The Beetle needed restoration. So Siegrist asked advice from someone he trusted. Enter Keith, the rector at Siegrist’s church.
“When you’re at church,” Keith says, “and the service is over and everyone is filing out, that’s when folks share, often, important information about their lives.”
Keith, it turns out, had grown up the son of a car restorer and worked on cars himself in his garage. He was not a professional. He worried if he would have enough time. But a parishioner needed help. How could he say no?
It took about a year. “Aside from the paint and some engine work,” Keith says, “I ended up doing more than I was expecting, with no complaints whatsoever. In some ways, it was like I gained a parishioner. Only it was a car.”
In 2024, Siegrist began driving Rudolph around Pawleys Island. “Rarely can I go anywhere where somebody doesn’t stop me,” he says.
“Because probably 50% of the people of my generation have owned a Beetle or have had an adventure in a Beetle. People want to know the car’s story. So I tell it.”
As for Keith, he says, “It’s a point of pride that I had a hand in it.” Like most classic car stories, this one continues.
“As soon as Jeff stops finding little things for me to fix, then the story will be over,” he says. “But he keeps finding things for me to do! Which I don’t mind one bit.”
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AI-powered travel agents are challenging online booking platforms, but Airbnb’s exclusive listings and direct customer relationships could give it an edge. Its next challenge: turning repeat guests into loyal customers through stronger rewards and innovation.
AI agents like Muse can already find you the cheapest hotel room in Paris. But they can’t locate a cheaper version of that Catskills cabin you’ve been eyeing, because it might only be available on Airbnb ABNB -1.43%decrease.
Investors should pay attention to that distinction. When Meta Platforms META 3.38%increase launched its Muse agent last month, travel stocks including Booking Holdings BKNG -1.19%decrease, Expedia and Airbnb all fell sharply.
Airbnb, though, has a real chance to emerge as a winner from the upheaval. The catch: Its stock already reflects above-industry growth. To justify its valuation, Airbnb will need to turn repeat customers into loyal ones.
Online travel companies make much of their money by simplifying search and collecting fees on bookings. AI agents threaten that model.
But not all travel marketplaces are equally exposed. Booking and Expedia largely sell hotel rooms that travelers can also book directly or through competing sites. If an agent can find the same room elsewhere, it has little reason to favor either Booking or Expedia.
Booking and Expedia also sell sponsored listings that steer travelers toward particular properties. Wells Fargo estimates those will account for about 8% of Expedia’s revenue and a much higher percentage of profit next year.
Airbnb has more ways to adapt. More than half its listings are available only on its platform, and more than 90% of its traffic comes directly to its app or website.
The customer relationship doesn’t end after booking, either. Bernstein analyst Richard Clarke notes that 90% of Airbnb guests go on to message their hosts about arrival times, keys or local taxes, giving Airbnb a connection to both sides of the transaction.
How the companies have responded to the possible agentic future is telling.
Expedia quickly signed on as a Muse partner. Airbnb hasn’t, and Chief Executive Brian Chesky says AI chatbots have so far been a boon, sending customers to Airbnb’s website.
Chatbots might work for buying paper towels, he quipped at a Skift conference last month, but people enjoy planning trips. He argued that browsing dozens of homes isn’t something a text-based chatbot is well suited for.
Still, the AI jitters arrived just as Airbnb was persuading investors it deserved its pricey multiple. For years after its 2020 initial public offering, the stock—which trades around 25 to 30 times forward earnings—went nowhere. Investors saw a mature operator trading at a growth premium.
This year, Airbnb growth seems to be accelerating. The stock jumped in August after the company raised its full-year revenue-growth guidance with its second-quarter results. Wells Fargo analyst Ken Gawrelski credits a run of product improvements under a revamped leadership team.
Among the changes: letting guests reserve now and pay later, adding hotels, and a redesigned home page and app. Investors were also betting on what comes next, including thousands more hotels, car rentals and, eventually, advertising.
The irony is that some of those growth drivers push Airbnb closer to the kind of business Booking and Expedia run—the kind of business AI agents could threaten. Even if AI agents capture a large share of travel planning and booking, Airbnb would capture the demand. But it and others would slowly lose control over how customers find and choose properties.
That would undermine the advertising opportunity investors are counting on. The bigger point for Airbnb and other marketplaces is that losing control of customer acquisition could mean surrendering some of their pricing power and margins.
To bulletproof itself, Airbnb might look to another e-commerce giant that has so far kept AI agents at arm’s length: Amazon.
Like Amazon, Airbnb has a loyal customer base and hard-to-match supply. But it has nothing like Prime membership to make customers think twice before taking their business elsewhere.
That is where loyalty comes in. Business travelers stick with Hilton or Marriott because enough nights earn them perks. Leisure travelers rarely accumulate stays with one chain. Airbnb has millions of listings and plenty of repeat customers, but no broad rewards program. It has begun experimenting with credits on hotel stays, but it should make loyalty a priority, not just a promotion.
Airbnb also plans to launch its own AI agent next year. But travelers using an agent might still want it to search Airbnb, Vrbo, Booking and hotel websites alike, rather than limit itself to one company’s inventory.
Eventually, Airbnb might have to strike deals with agent makers, using its unique homes as leverage to negotiate favorable terms, says Gawrelski. Such deals, along with rewards for loyal guests, could over the long term eat into the company’s roughly 13% take rate, he adds. But if they bring in enough additional bookings, the trade-off could be worthwhile.
History offers a reason not to panic. The shift from desktop to mobile unsettled investors in Alphabet and Amazon, but both emerged as major beneficiaries. Companies with valuable assets can come out of a platform shift stronger, if they adapt quickly enough.
Airbnb has homes the bots can’t easily replace. Now it needs to give guests a reason to insist on booking them there.