The “holy trinity” of modern hypercars. That’s what RM Sotheby’s is calling the trio of spectacular road-going hybrid-performance machines from Italy, Germany and Great Britain that will be auctioned May 27 during its Villa Erba sale on the shores of Lake Como in Italy. Continue reading
How the mighty have fallen! Following that Biblical moment, here is the latest compilation of biggest losers in the collector car market, as determined by the numbers crunchers at Hagerty classic car insurance and valuation.
Hagerty Vehicle Rating’s Bottom 25 list for the second quarter is dominated by once-roaring European sports cars, including Porsche 911s and the earlier 356s that saw such a meteoric climb in recent years. Not that the bottom is dropping out of Porsche sales, but appreciation has been minimal as of late. Continue reading
A low-mileage 2007 Ferrari F430 F1 coupe formerly owned by the President of the United States received a major Trump bump at auction last weekend. Auctions America sold the Ferrari, along with its vehicle title bearing the name Donald J. Trump, for $270,000, about $100,000 above its non-celebrity value, during the annual auction in Fort Lauderdale, Florida.
The President’s Ferrari landed in fifth place among the highest-selling cars at the auction, which reached $17.3 million in sales, with 76 percent of more than 400 vehicles sold. Continue reading
Hat’s off to Honda for the best April Fool’s Day gag by an automobile manufacturer, 2017 edition.
Each year of late, automakers have attempted, and in some cases have succeeded, to spring April Fool’s Day jokes on the news media. Last weekend, those jokes included: Continue reading
Four cars from Italy, England, Germany and the United States make up what Gooding & Company calls its “ultimate sports car wish list,” to be presented during its January auction in Scottsdale, Arizona.
The cars – a 1967 Ferrari 275 GTB/4, a 1964 Aston Martin DB5, a 1955 Mercedes-Benz 300 SL Gullwing and a 1964 Shelby 289 Cobra – are landmark designs that carry pre-auction estimates ranging into seven figures. Continue reading
A spectacular piece of racing history has been consigned for Bonhams’ January auction in Scottsdale: A 1952 Ferrari 340 America Vignale Spider that was the factory team entry for the 1952 Mille Miglia and 24 Hours of Le Mans. Continue reading
The Hagerty collector car insurance and valuation company recently released the 31st edition of its closely watched Hagerty Price Guide after a period of ups and downs and mood swings in the classic car market.
Among the results were a number of high-profile cars that have depreciated after several years of climbing in value. Among them, such modern supercars as the Ford GT and the Porsche Carrera GT, as well as vintage favorites such as the Toyota 2000GT and the Ferrari Dino 246 GT. Even some so-called blue-chip collector cars, such as the Mercedes-Benz 300SL, softened slightly. Continue reading
They had the yachts, they had the waterfront, and they certainly had the beautiful cars. They even had the fog. Pebble Beach? Nope. The Milwaukee Concours d’Elegance…one week later and 2,276 miles apart.
The event, now in its 11th year, is under new leadership and has a new name. Formerly known as the Milwaukee Masterpiece, the re-brand reveals the event’s aspirations to become the premier concours d’elegance in the Midwest. Continue reading
With some of the world’s greatest Italian sports cars from the past and present standing nearby, Ruben Ruiz’s minivan was a source of constant attention. Of course, this was Concorso Italiano and this was no ordinary minivan.
Ruiz was more than happy to give curious spectators tours of his 1958 Fiat Multipla 600, which he called “the most visited car in this whole place.” Continue reading
Four spectacular Ferraris, each of them worth a king’s ransom, will be presented at Gooding & Company’s collector car auction in August during Pebble Beach Concours week. Ranging in years from 1950 to 1962, the four historic Ferraris have a collective estimated value of $49 million to $58 million, which could put Gooding’s Monterey results into uncharted territory. Continue reading