Category archives: News

Market Report : Popular muscle cars showing strength

A 1953 Jaguar C-Type was one of the highest-selling cars of the month at $8 million | Bonhams
A 1953 Jaguar C-Type was one of the highest-selling cars of the month at more than $8 million | Bonhams

There has been quite a lot going on in the collector car auction market since last month’s report for Classiccars.com. RM Sotheby’s held its Monaco sale, Mecum held its sale in Indy, Auctions America held its spring Auburn sale, and Bonhams held its Monaco sale, the first since 2010.

Much like last month, cars are still selling and while we now have more of a buyer’s market than a seller’s market, cars are still being sold and sold for strong money. The sweet spot in the market seems to be with cars under $100,000, which are selling fast and for strong money. Continue reading

Auctions America stirs the pot for Santa Monica sale

The 1988 Porsche 959 Komfort is a low-mileage preserved example | Auctions America
The 1988 Porsche 959 Komfort is a low-mileage preserved example | Auctions America

Exotic supercars, muscle cars and a Fiat wagon used to chauffeur Pope Francis during his visit to the United States are among the highlights of Auctions America’s Santa Monica sale June 25-26 at Barker Hangar.

The supercar collection is led by a 1995 Ferrari F50, a 13,000-mile example of the ultra-exotic, 513-horsepower performance coupe with the towering rear wing. In bright Ferrari red, the F50 is valued between $1,800,000 and $2,100,000. Continue reading

Museums honor vets this Memorial Day

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Second annual Vettes for Vets car show | CAL Museum photos

The Auburn Cord Duesenberg Museum in Auburn, Indiana, and the World of Speed Museum in Wilsonville, Oregon, are both participating in the Blue Star Museum Program. The Program was created by the Department of Defense as well as the National Endowment of the Arts, and Blue Star families to provide free admission to the nations active-duty Military personnel and their families, including the National Guard and Reserves, between Memorial Day and Labor Day on September 5. More than 2,000 museums across the country are participating.

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Corvettes at Carlisle expands for 2016

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Row of Corvettes during 2015 Corvettes at Carlisle | Carlisle Events photo

Every era of Chevrolet’s sports cars will be showcased during Corvettes at Carlisle, which is being expanded by a day in 2016. Dates this year are August 25-28 at the Carlisle Fairgrounds in Pennsylvania.

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DB-era Aston Martins top sellers at British auction

A 1964 Aston Martin DB4 Series 5 Vantage convertible was the top seller at the home-base auction | Bonhams
A 1964 Aston Martin DB4 Series 5 Vantage convertible was the top seller at the home-base auction | Bonhams photos

Aston Martins of the 1960s shined brightest during Bonhams’ annual Aston Martin Works sale Saturday at the company’s historic home at Newport Pagnell in England.

The Aston-centric auction included 51 cars as well as loads of pricey collector items related to the esteemed British marque, among them such unusual pieces as a full-size styling mockup of the recent Aston Martin One-77 that sold for £10,625 ($15,597 at the current exchange rate). Continue reading

Mecum ‘closing in’ on $50 million result for Indianapolis auction

The 1964 Shelby 289 Cobra sold for $1 million | Mecum Auctions photos
The 1964 Shelby 289 Cobra sold for $1 million | Mecum Auctions photos

“The Bid Goes On…” says Mecum Auctions following bidding on  vehicles that did not sell on the auction block but are still offered after the fact. This takes on special significance this year after the Original Spring Classic sale in Indianapolis as the total results creep toward the $50 million threshold for the first time.

As of Tuesday, the Indianapolis auction totaled $48,873,590 in sales (not including auction fees) with 1,094 collector cars out of 1,567 offered going to new owners, for a 70 percent sell-through rate. That is tantalizingly close to the big five-oh, according to Mecum, which contends that it is “closing in” on the illusive mark as post-block sales add up after the 29th annual sale held May 17-21. Continue reading

Subaru celebrates 50 years powered by ‘boxers’

Subaru 1000
1966 Subaru 1000 | Subaru photos

When you think of a Subaru, a few things automatically come to mind: Rallycross, all-wheel drive and the legendary “boxer” engine that sets it apart. This year, Subaru celebrates the 50th anniversary of its horizontally opposed engine, dubbed the boxer because its piston action resembles the punch-counterpunch motion of opposing boxers’ fists.

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Family ties: Dan Mecum’s Gone Farmin’ auctions help folks find their roots

Plymouth built only 214 tractors, but they were the first designed around rubber tires | Larry Edsall photos
Plymouth built only 214 tractors, but they were the first designed around rubber tires. This one, to be sold next month at the Gone Farmin’ auction, is believed to be the only Plymouth with orchard fenders. | Larry Edsall photos

Dan Mecum’s dad and his dad’s dad both were in the car business; his grandfather was perhaps the nation’s largest fleet vehicle dealer and his dad has a growing collector car auction company.

But among Dan’s fondest childhood memories were the times he spent riding a tractor with his maternal grandfather, a farmer. Continue reading

Now 50, first Camaro added to National Historic Vehicle Register

The first prototype Chevrolet Camaro has been restored to original | Historic Vehicle Association
The first prototype Chevrolet Camaro has been restored to original | Historic Vehicle Association

After many months of secrecy, the first Chevrolet Camaro emerged from the General Motors Assembly Plant, located in Norwood, Ohio, on May 21, 1966. This was the pilot car, the Number 1 prototype Camaro of 49 that were built in preparation for mass production of a new kind of sports Chevy.

Camaro would be officially launched in Detroit in August 1966 and a month later, Chevy’s sporty compacts rolled into dealer showrooms to begin their important mission: to chase the runaway success of Ford Mustang, which was more than two years and well over a million cars ahead.

The current owner transports the first Camaro in a see-through trailer | Corey   Larson
The current owner transports the first Camaro in a see-through trailer | Corey Larson

To celebrate the 50th anniversary of Camaro, the Historic Vehicle Association is documenting this first car, which wears VIN 100001, to enter the National Historic Vehicle Register, making it the next iconic vehicle with American historic significance so honored with permanent inclusion in the Library of Congress. Continue reading