Dave's investment partner, Larry, is having transmission problems with his prize new possession, a 1937 Cord 812, but a look under the hood reveals even more issues. Meanwhile, Ken swaps the brake system on a 1948 Dodge Pickup.

Dave unveils the Guild's next big restoration, a 1966 Ferrari 250 GT California Spyder. Billy gets a crash course on traditional panel beating while Dave returns to Italy to learn about Italian Coachbuilding.