auctions

auctions

The Ferrari California Spider alone is one of the most desirable Ferraris and sports cars in the world. This 250 GT LWB California Spider Competizione, which belonged to the late Sherman Wolf, is an even more desirable model, as it is one of nine examples that boast an all-alloy body and a long wheelbase. That rarity is something that will drive this car to between the $7 and $9 million mark.

This sample was actually the first Ferrari that the famed collector owned, and made its way to Wolf after first being owned by George Reed. Wolf also ran this Ferrari in the first ever Colorado Grand, just adding more to its storied history.

On the mechanical side, this 1960 Ferrari 250 GT LWB California Spider Competizione boasts full competition specifications. It has an outside plug motor that has TR heads resting on top of it, 4-wheel disc brakes, velocity stacks, and a ribbed gearbox to help keep it cool. The engine is a 2,953 cc V-12 with three Weber carbs mounted atop it and a 9.8-to-1 compression ratio. It punches out 280 horsepower at 7,000 rpm and 203 pound-feet of torque at 5,500 rpm.

The body is draped in a medium shade of red and was fully restored by Ferrari specialist, David Carte. The wheels are the factory-style wires and the headlights boast the full-racing covers to help add to the car’s aerodynamic look.

This 1960 Ferrari 250 GT LWB California Spider Competizione is being offered up at the Pebble Beach Auction on August 18th and 19th, 2012 by Gooding & Company. It is one of four Ferraris owned by the Wolf estate that are up for auction in Pebble Beach.

UPDATE 08/20/2012: The Ferrari 250 GT LWB California Spider Competizione has just set a record at Monterey for all-time high price. The classic, drop-top sports car was auctioned off for a whopping $11,275,000! Someone really wanted that car!

Updated 12/27/2013: A Ferrari 250 GT LWB California Spider will be put on auction by RM Auctions in Arizona on Friday, January 17, 2014. The car is expected to fetch around $7-9 millions!

Click past the jump to read the full press release.

Back in the early years of Porsche , technology was very limited and cars were, of course, far simpler than they are today. This meant that they also typically had much less power than today’s cars. There is no better example of said simplicity than looking at a Porsche from the 1950s and comparing it to today’s Porsches.

The most beloved Porsche of the `50s is far and away the 1600 Sportster. This compact roadster was far from fast, but it was always regarded as a nimble a fun-to-drive car. The 356A Sportster of the late 1950s is actually given a lion’s share of the credit for revolutionizing the sports car realm and showed that a car doesn’t need to be high-powered to be fun to drive.

With only 2,922 Speedsters ever built, it has become a true collector’s item that garners a ton of attention and money, especially when one hits the auction block. Well, that is exactly what we have, as RM Auctions is selling off a 1957 Porsche 356A 1600 Speedster in Monterey, California on August 17th and 18th, 2012.

Click past the jump to read all about this model being auctioned off.

Posted on by Brad Anderson 17

We firmly believe that the vast majority of cars only look good from certain angles, rather than every angle. In a similar vein, we believe that many cars look far better from the front than they do the rear and vice versa. Two of those cars just happen to be many previous generation Audi A4 ’s as well as the recently retired BMW 520 .

Whether you prefer the front of either to the rear, it doesn’t really matter, but what does matter is the question of joining the two best angles of each together to create a superior looking car.

Well, we recently stumbled upon an interesting sale on eBay UK where a used 1993 Subaru Impreza WRX is being sold with an Impreza interior and custom wheels but most importantly, it’s borrowed the rear-end from the BMW 520 and the front fascia from the Audi A4.

The result?

Interestingly enough, the end result is nowhere near as horrible as one may assume. The owner has managed to combine the two ends in such a way that this interesting Impreza actually looks quite impressive.

With 110,124 miles on the clock, the car has received four bids thus far with the highest bid currently being £4,000.00 (at the time of writing). Also included in the package is a “performance exhaust” and “Predator brakes” and the unnamed owner has promised that it’s been “maintained to [a] high standard.”

With just over five days left of the sale, any prospecting buyers better get a hurry-on as this truly is a unique one-off piece of machinery.

Source: eBay UK

The annual EAA AirVenture event has been, at least for the past few years, a showcase of sorts for the Ford Mustang.

That’s because every year, a special edition, aviation-themed Mustang is always in attendance, ready to be auctioned off for the benefit of the EAA’s Young Eagles Program. Last, year the "Blue Angels" Mustang was sold for a whopping $400,000 and before that the "SR-71" Mustang fetched $375,000 in 2010 and the "Dearborn Doll" Mustang went for $250,000 back in 2009.

For this year’s event, Ford and tuning shop Creations N’ Chrome are teaming up to present the latest auction-ready, aviation-themed Mustang: the Red Tails.

The “Red Tails” Mustang was designed as a tribute vehicle to the first African American aviators in the United States Army Air Corps, in particular to the legendary Tuskegee Airmen. As a way to pay homage to them, Ford specifically chose the Mustang model that carried the VIN #00051 in honor of the P-51 Mustangs the airmen flew in their time.

The Red Tails Mustang will on display from July 23rd to 26th, 2012. On July 26th, the car will head out to the auction block where it will be sold for charity.

Find out more details about the Ford Mustang "Red Tails" Special Edition after the jump

Saab 9-3

Just when we thought that the Saab saga was reaching its closure, a new wrench gets thrown into the mix. When NEVS purchased Saab’s assets a little while ago, we were under the impression that this sale included the rights to the “Saab” name and logo. According to reports coming out now, this is not the case.

Apparently, the sale of Saab only covered the failed Swedish automaker’s physical assets. The truck-building company, Scania, and Saab AB still own the rights to the Logo and the “Saab” name. For NEVS to legally use the name, both Scania and Saab AB will need to sign off on the usage, and the companies are reportedly in talks about how to handle this.

We would assume that Scania has no issues at all and just wants a piece of that Saab resurrection pie. Saab AB, on the other hand, still runs Saab’s line of parts, which was not included in the bankruptcy. Saab AB could benefit by using this opportunity to negotiate their way into new dealerships when NEVS starts rolling out new electric-powered Saabs. Saab AB also has to consider protecting its brand image, and it NEVS completely botches this revival, it will make Saab AB look bad as well.

We’re confident that a deal will be struck between the three companies to allow NEVS the rights to the name and logo, but Saab AB will likely have a heavy hand in how the name is used.

As always, we’ll keep you updated as additional information comes to the surface on this seemingly endless Saab saga.

SRT Viper

Last week, we reported that the first SRT Viper would be auctioned during this past weekend’s Barrett-Jackson auction in Orange Country with all the proceeds going to the Austin Hatcher Foundation. Apparently, the pleasure of driving the first model cost more than many of us anticipated; the new generation Viper sold for $300,000.

Despite this amazing sale, the SRT Viper wasn’t the most successful car at the event: the first 2013 Corvette 427 Convertible was sold for $600,000 at the auction, while a custom 2012 Mustang GT Blue Angels was sold for $400,000 last year.

As a reminder, the SRT Viper is powered by a 8.4-liter V10 engine that delivers an impressive 600 HP at 6,100 rpm and 560 pound-feet of torque at 5,000 rpm. The model will be offered in standard and GTS versions, while a GTS-R version will be offered for those who will want to enter the car in the racing competitions.

Saab 9-3

As Saab closes up its latest chapter, which included bankruptcy and many months or “We’re sold, wait, no we’re not” turmoil, we were left wondering what happened to the 900 (ish) Saabs that got held up at port whenever the failed car company filed for bankruptcy. Well, now that Saab has been liquidated to the point that only the 900 cars remain, we now have an idea what’s going on with them.

According to reports, all 900 cars will be auctioned off to varying companies and exporters. Only 300 of these leftover Saabs will make their way into dealerships and the dealers have the option to either put them up for sale at a 30- to 50-percent discount and sell them or strip them down for parts. Obviously the most profitable game would be to strip them down, but it may take a while to sell off all of the parts. So we may be in for some super-cheap Saabs hitting what remaining Saab dealers there are.

The majority of the leftover Saabs will be auctioned to exporters and rental companies. So, for an American to snag up one of these Saabs he has to either find a dealership close enough that actually wants more stock on its lot or pick one up after the rental car company is done with it – AKA after it has been thrashed to within an inch of its life. Who buys a used rental car anyways?

According to the inventory report, there are 67 company cars, which include a 1960 Quantum IV and a `70 Sonnett III, over 450 9-5s, 400 9-3 sedans, 60 9-3 wagons, 12 9-3 convertibles and 28 9-4X crossovers.

So thus closes another part of the Saab saga. Now we just have to see what NEVS can do with the bankrupt Swedish automaker.

SRT Viper

The new SRT Viper debuted a few months ago, but anyone wishing to own the latest generation Viper is going to have to wait until 2013 to actually drive it. Then again, those with heavy pockets will get in ahead of everyone else by putting in a bid on the first-ever SRT Viper when it goes up for auction through Barrett-Jackson. The auction will be held at approximately 3:00pm on Saturday, June 23, 2012 and all proceeds will go to the Austin Hatcher Foundation.

The new generation Viper is powered by a 8.4-liter V10 engine that delivers an impressive 600 HP at 6,100 rpm and 560 pound-feet of torque at 5,000 rpm. The new engine will be mated to an improved Tremec TR6060 six-speed manual transmission. SRT also said “so long” to the all steel flywheel and made an aluminum flywheel standard on the Viper. Not only does this drop 11 pounds from the weight of the car, but drops a tenth of a second off of its 1/4-mile time.

Any auction goers better be prepared to fork over some dough because the first ever SRT Viper is not going to go for a bargain basement price.

Ferrari 599XX Evolution

A few weeks ago, we reported that Ferrari will auction off a 599XX Evo with all the proceeds being used to help the victims of the recent Italian earthquake. Now, the company has announced the results of the online auction: an impressive 1.8 million euro ($2.28 million) were raised, with 1.4 million euro ($1.77 million) coming from the sale of the 599XX.

Ferrari hasn’t announced who the lucky client that acquired this impressive model was, but they did announce that it was an American client. The model will come with a plaque signed by Chairman Luca di Montezemolo and Fernando Alonso and Felipe Massa.

"A pole position result: I knew I could count on the big-heartedness of the Ferraristi but they’ve still managed to surprise me once again," declared Ferrari Chairman, Luca di Montezemolo. "I would like to thank all the clients, collectors and enthusiasts that did their bit. Their bids have sent out a message of warmth and solidarity to the people in our region affected by this tragedy."

In the past two months, we have had two specially developed Ford Mustangs developed for charity auctions. The first was the 2013 Roush Stage 3 Mustang Special Edition and the second was a Ford Mustang Shelby GT500 by Melvin Betancourt . Now, it’s time to add a third model to this very special line of one-off vehicles created specially for charity.

This time, it’s a one-off model based on a 2013 Mustang Boss 302 Laguna Seca that will raise money for the Juvenile Diabetes Research Foundation. This one-off Mustang is basically a Laguna Seca model painted in a very cool combination of Sterling Gray Metallic with Gloss Black on the striping, rear pedestal spoiler, and mirror caps. Special badging will remind everyone around it that this is indeed a special edition. The interior has also received changes in the form of a Charcoal Cloth with custom embroidered Recaro Seating and Sterling Gray X-brace. The car sits on a new set of 19" wheels painted in aluminum.

The Ford Mustang Boss 302 Laguna Seca Alley Edition will be auctioned off in August 2012 at the annual Woodward Dream Cruise. In order to get a chance to place your bid, you’ll have to buy a ticket to the Cruise: $10 each or three tickets for $20.


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