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Monterey 2008: First Bugatti Veyron 16.4 Grand Sport auctioned for $3.19 million


Click above for high-res gallery of Bugatti Grand Sport in Monterey

Just a day after the Bugatti Veyron 16.4 Grand Sport was unveiled on the Pebble Beach lawn, the Gooding & Company auctioned off the rights to chassis #1 and the opportunity to work with the Bugatti factory to build the car to their exact specifications. With the Grand Sport prototype up on the auction block, bidding started at $1.7 million and finally rested with a final offer of $2.9 million. The auction premium of 10 percent then brought the total to $3.19 million. In case you were wondering what it's like to witness the sale of a multi-million dollar car, you can watch a video of the auction after the jump as well as read more about the Gooding & Company auction highlights in the press release.

Gallery: Bugatti Veyron 16.4 Grand Sport Live Debut


Gallery: Bugatti Veyron 16.4 Grand Sport

Continue reading Monterey 2008: First Bugatti Veyron 16.4 Grand Sport auctioned for $3.19 million

Monterey 2008: Million dollar Ferraris at the RM Auction


Click above for a high resolution image

The RM sports and classic car auction is one of our favorite events during the Monterey weekend. The laid back atmosphere and incredible selection of cars makes the event a perennial occurrence on our schedule. This year's event was particularly impressive, especially the selection of classic Ferraris. No less than eight surpassed the million dollar mark (seven actually sold), capped by the $4.51 million dollar sale of a 1961 Ferrari 250 GT SWB. Others breaking $1 million were a 1967 Ferrari 275 GTB/4 ($1,925,000), 1961 Ferrari 400 Superamerica Coupe Aerodinamica, and a 1973 Ferrari 365 GTB/4 Daytona Spyder ($1,485,000). A beautiful 1956 Ferrari 250 GT TDF Berlinetta had a top bid of $3.9 million but didn't meet the reserve. Follow the jump for a press release from RM and enjoy the gallery below.


Photos Copyright ©2008 Drew Phillips / Weblogs, Inc.

Continue reading Monterey 2008: Million dollar Ferraris at the RM Auction

eBay Find of the Day: 1996 Porsche 959 Speedster


Click above to view more of the Porsche 959 Speedster

Not all German supercars are the same. For instance, not every Teutonic exotic bred the plethora of derivatives that the Mercedes SLR McLaren has. Case in point, the Porsche 959. There was no 722 version, no roadster and certainly no chop-top speedster. But that's where the aftermarket comes into the picture. Well, sorta.

What you see here is not a 959 supercar with the roof hacked off. Nor is it an original 356, either. All it appears to be is a kit car combining the retro styling of the original Porsche with the front and rear ends of the 959. The hybrid concoction may have filled a niche for a modern throwback to the original 356 just as the first-generation Boxster was coming to market, but where that leaves this creation now is up to debate. While we can't say that the end result is a work of art, it certainly is... original.

Follow the link for the auction page, where the 959 Speedster is under reserve at $5,700 with a buy-it-now price a hair under $11k.

Gallery: Porsche 959 Speedster


[Source: eBay via PistonHeads]

Unique Lamborghini Zagato Raptor up for auction at Pebble Beach


Click to view a gallery of the Lamborghini Zagato Raptor

If you thought the Lamborghini Reventon was as exclusive as Bolognese supercars get, feast your eyes on the Zagato Raptor. The one-off concept car unveiled at the 1996 Geneva show took on the insurmountable task of supplanting the Diablo (on which it's based) on the bedroom walls of enthusiastic children worldwide.

The concept car borrowed its mechanics from the Diablo VT, but while it retained the Lambo's 492-hp V12, in a gesture to insanity it did away with the traction control and ABS. The design, which Zagato appears to have echoed with the Spyker C12 concept, features the carrozzeria's signature double-bubble roof that tilts up with the doors not unlike the canopy on Pininfarina's Maserati Birdcage or Giugiaro's Quaranta concepts. The Raptor was developed in conjunction with Swiss sledding champion Alain Wicki (yes, he has his own Wikipedia entry), and while public reception was hot, the car was never put into production. All that remains is this one original show car, which is now going up for auction at Pebble Beach by the auctioneers at the Blackhawk Collection.

Check out the images in the gallery below. Thanks for the tip, Jonathon!

Gallery: Lamborghini Zagato Raptor


[Source: Blackhawk Collection]

Inside Line picks top ten cars to be auctioned in Monterey

The Monterey weekend is packed with events for every type of car enthusiast. While the majority will go to simply look at the cars, a select few will make the trek to Northern California to possibly put a new car in the garage. There are no fewer than five different auctions during the weekend - RM, Russo and Steele, Bonhams & Butterfields, Gooding & Company, and Kruse. Hundreds if not thousands of cars will cross the auction block, from Shelby Mustang GT-H Convertibles to a multi-million dollar Jaguar racing prototype. Inside Line's Ken Gross has put together a list of the ten best cars up for sale at the Monterey auctions, and it has us drooling in anticipation of seeing the cars in person. Included are the following: 1938 Bugatti 57SC Atalante, 1906 REO Model A Touring, 1959 Ferrari 250 GT LWB California Spyder, 1960 Jaguar E2A, 1939 Talbot-Lago T150C-SS, 1969 Porsche 908/2, 1957 Chrysler Diablo Concept, 1954 Bentley Continental R, 1972 Lamborghini Miura SV, and 1973 Ferrari Daytona Spyder.

[Source: Inside Line]

Hertz to auction 25 Shelby Mustang GT-H Convertibles


Click above to enlarge

Are they really "one-of-a-kind," as stated by Kruse on its official auction page, if there are 25 of them going up for auction on the same day? That's not to say getting one of the 500 Hertz Shelby Mustang GT-H Convertibles (sheesh, that's a mouthful!) that were built in 2007 is a bad thing, but nobody really knows if these vehicles will ever really gain in value over more pedestrian versions of Ford's iconic pony car like their forebears have. Rest assured, though, you are not going to be bidding the same $250,000 that collector Ron Pratte paid for serial #001. For reference, the last batch of rent-a-racers that were auctioned off managed about $33K per unit.

The car itself is powered by a 319-horsepower version of Ford's ubiquitous 4.6-liter three-valve V8 engine mated to an automatic transmission -- perfect for the kind of top-down summer cruising that these vehicles are likely to see. If you want one of the 25 going up for auction, they'll be at the Kruse Select Auction in Monterey, CA next week.

[Source: Kruse via Jalopnik]

Cars That Matter mobile price guide



Just in time for Pebble Beach, Cars That Matter is rolling out a price guide that can give you the current collector value for hundreds of cars on your java-enabled smartphone or PDA.

If you're a collector you've probably researched the catalog and car you want to bid on before you take your bidder number. But what if a 1968 Checker Wagon in good condition and with the Factory Taxi option -- just the one you've been looking for -- is added at the last minute? How do you know how much to pay?

The guide gives you Checker prices broken down in three tiers for the sedan and the wagon, ranging from $7,200 to $20,500. It also lets you know to add another $3,500 for the Factory Taxi option, and a further 20-percent if it were a 1970-71 with the V8. It's the kind of tool that might help you never pay too much for a classic car at auction again. Or, at the very least, you'll know ahead of time that you're about to take a bath on that yellow submarine...

[Source: Cars That Matter]

eBay Find of the Day: Uncle Rico's Van


Click above for more sweet pictures of Uncle Rico's van

In the market for a sweet ride? Consider Uncle Rico's van, which is currently on eBay and located in Columbus, Ohio. The van in question is an orange 1975 Dodge Santana Camper van, which isn't all that noteworthy by itself... but this one was featured in the 2004 cult-classic Napoleon Dynamite, making its new owner an especially lucky fellow. It's got a couple of beds, a stove, a refrigerator and a sink, though a Liger is not included. Take a good look at all the pics in our gallery below and remember to Vote Pedro for President.

Gallery: Uncle Rico's Van


[Source: eBay Motors via Jalopnik]

P-51-engined Cramer Comet goes on the block at Pebble Beach


Click above for high-res gallery of the Cramer Comet

There are hot rods, there are hot rods, and then there's "Um... what is that?" Tom Cramer, an ex-GI and mechanic in Omaha says, "I wanted to see what would happen if you put a really high powered engine in a chassis." Sound familiar? That was in 1953. So he found a fresh 12-cylinder 1,710-cubic-inch Allison airplane engine that produces 1,350-hp/1,500 ft-lb and got to work.

The body of the Cramer Comet was Frankensteined from De Sotos, Dodges, Oldsmobiles, Buicks, Studebakers, Cadillacs, Lincolns, and Fords. Part of the tubular chassis is made up of four-inch refrigerator tubing filled with coolant that runs to a rear-mounted radiator. The engine is mounted in reverse and is heavily insulated -- it gets hot in there. Power is sent through a drive shaft mounted between two truck universals and on to a four-speed transmission. The top speed is said to be 160 MPH, which is low for so much power, but probably sensible considering it's hand built.

Check out that center console. To start the car, the driver (pilot?) sets the throttle quadrant to ten-percent, cranks the fuel mixture to full rich, turns the spark lever to retard, flips the master switch, turns the magnetos on, turns the fuel boost and primer switches on, flips the starter control first to energize and then to on. And then it's time to fly, hopefully not in the literal sense.

Tom didn't get rid of the car until 1991 and it's now up for auction for the first time at this year's Sport & Classics of Monterey held by RM Auctions August 15 and 16. It's expected to fetch up to $300,000. Even if you don't plan to buy, you should check out the gallery of high-res photos below for evidence of how powerful elbow grease is.

Gallery: 1954 Cramer Comet

Continue reading P-51-engined Cramer Comet goes on the block at Pebble Beach

Ford's AV8R Mustang nets $500k for charity


Click above to view a high resolution image

Auctioning off a Ford Mustang seems to be a pretty effective way to raise money for charity. The very first Shelby GT was auctioned for $600,000 at Barrett-Jackson in 2007, and the first GT500KR sold for $550,000, both raising money for charity. The latest 'Stang to raise money for a worthy cause is the one-off AV8R Mustang that crossed the block last week at the EAA (Experimental Aircraft Association) Gathering Eagles charity auction and brought down the gavel with a final bid of $500,000. The unique Mustang features a 400-hp supercharged V8, Ford Racing suspension upgrades, and an aviation-inspired paint scheme plus much more. Worth half a million? Maybe not, but definitely a great way to donate money to charity. Thanks for the tip, anonimo!

Gallery: Ford Mustang AV8R

[Source: EAA]

Continue reading Ford's AV8R Mustang nets $500k for charity

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