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Mecum Auctions - Monterey 2013 Preview

An event like the Pebble Beach Concours in Monterey, California will always draw a crowd. But unlike most auto shows, the type of crowd that goes to these events are the ones that are ready to plop down the checkbook once they see something they want.

With multitude of auctions on tap, one in particular that’s worth mentioning is the Mecum Auctions. Scheduled to take place from August 15 to 17, beginning at 10 a.m. everyday, the Mecum Auctions will feature some of the finest classics you’ll ever get to see in one setting, a fitting tribute to the esteem of the auction as a can’t-miss event during the week-long festivities.

This year, the Mecum Auctions will have its share of classics with estimated auction prices in the millions for some, if not most, of the models.

That’s the prestige attached to the Mecum Auctions and one that’s rightfully earned.

Click past the jump to read about a few of the classics that will headline the 2013 Mecum Auctions this week

RM Auctions - Monterey 2013 Preview

Auction season is now in full swing and if your bank accounts haven’t taken too much of a hit yet, you might need to brace yourselves for the financial beating you might take when RM Auctions holds its annual event at Monterey this weekend.

Scheduled to take place on Friday, August 16, and Saturday, August 17, RM Auctions will feature a whole lot of classics and exotics that will undoubtedly catch the attention of attending car collectors at the Pebble Beach Concours d’ Elegance in Pebble Beach, California.

That’s the allure of all the events that make up this week-long classic-car festival. No matter what kind of name it has, the third week of August has turned into a calendar fixture for auto enthusiasts of all generations.

RM Auctions will be there and you’ll get to see a what’s what list of classic vehicles, some even dating back to the early part of the previous century. So fill up those checkbooks, folks. There’s a good chance that you’re going to be writing a whole lot of checks this weekend if you fancy any of the classics that will be auctioned off by RM Auctions.

Click past the jump to read about three classic cars that could fetch millions at RM Auctions this weekend.

Source: RM Auctions
Ford Mustang Shelby GT500

At some point in time, the Shelby Mustang GT500 Convertible will be a collector’s piece that will likely cost a pretty penny, especially if it’s the last ever produced.

But that’s well into the future, probably decades away from now.

At the present time, though, the final 2014 Shelby Mustang GT500 Convertible still commanded plenty of attention at the recent Hot August Nights Auction presented by Barrett-Jackson. The whole auction was a resounding success with total sales numbers eclipsing $14.2 million.

As expected, the biggest contributor to that total was the final 2014 Shelby Mustang GT500 Convertible, accounting for $500,000 when the hammer fell on its auction. That may seem like a steep price to pay for a car that routinely costs at a little over a tenth of the price that this unique model fetched in the auction.

That being said, nobody else can lay claim to owning the last ever produced Shelby Mustang GT500 and besides, as the last of the lot, the winning owner now has the opportunity to completely customize the car to its full bloom.

At some point in the future, this model could very well be worth way more than the half-a-million the winning bidder paid for the right to own it.

Click past the jump to read about the 2013 Shelby Mustang GT500 Convertible

Posted on by Simona  

Ford announced today that the last retail 2014 Shelby GT500 Convertible will be auctioned on August 9, 2013 at the Hot August Nights Auction presented by Barrett-Jackson. All the proceeds will go to the Brain Injury Association of America.

The winner of the auction will have the possibility to customize the GT500 Convertible according to his or her personal desire. Ford offers the opportunity to choose between any imaginable interior, exterior and striping package that will offer a buyer to create a one-off GT500. The car will also be signed by Indy 500 winner, Parnelli Jones, who will attend the auction as well.

At the auction, Ford will also offer both Ride-and-Drive and hot lap experiences in the parking lot of the Atlantis Casino Resort. Visitors will have the chance to experience models like Shelby GT500, 2014 Focus ST and 2014 Fiesta ST .

Click past the jump to read more about the Shelby GT500 Convertible .

Chevrolet will unveil four customized Camaros at SEMA

If this special edition Camaro looks eerily familiar to you, it’s because this car has been around for a number of years now. It’s called the 2010 Chevrolet Camaro GS Racecar Concept and it was built by Riley Technologies and General Motors’ High Performance Vehicle Operations as one of four customized Camaros at SEMA 2008 .

Four years after wowing the crowd in Las Vegas, the Camaro GS Racecar Concept returns to the headlines because it will be up for sale at the Mecum Auctions next month as part of the Monterey Car Week.

The car draws inspiration from a particular racer from the past, specifically the 1969 Camaro Trans-Am racecar driven by Mark Donohue. The Camaro GS Racecar Concept was even painted in the same deep-blue paint scheme that comes with accented yellow graphics, a yellow-painted interior and yellow racing wheels.

In addition, the prototype also had its seams welded to go along with carbon-fiber fenders, doors, hood and trunk. A 3-inch exhaust system with aftermarket mufflers took the place of the stock equipment, while the car’s standard LS3 V-8 engine was fitted into solid engine mounts and mated to a close-ration six-speed manual transmission.

Organizers at Mecum Auctions don’t have a specific price for the one-off prototype, but they do estimate the hammer falling in the low-to-mid six digits.

Click past the jump to read about the Chevrolet Camaro

The San Diego Comic-Con opened up today and what better way to celebrate it than with a comic book-inspired ride? Well, Kia was happy to deliver the goods by way of a Justice League-inspired 2013 Sorento that took a whopping 10 months to complete.

For those that don’t know, the Justice League first appeared in The Brave and Beautiful issue No. 28, which was put on shelves in 1960. The original seven members of the famed comic book team were Batman , Superman , Aquaman , Flash , Green Lantern , Wonder Woman and Martian Manhunter, but many characters came and went through the years. This Sorento features all of the original characters with the exception of the lesser-known Martian Manhunter — in his place is more mainstream Cyborg — painted on each side of the vehicle by West Coast Customs. Each of the characters on this Sorento also had their own individual customized Kia and you can see each one by clicking on each name above.

Up front, the hood features a "Justice League" decal and nothing else, giving the crossover a clean, but still custom, look from the front end. The Kia also received blacked-out upper and lower grilles.

On the inside, the customization continues. West Coast Customs reupholstered all three rows of seats with one character’s colors and logo on each seat. Up front, the driver’s seat features the Superman logo and red piping, and the passenger’s seat features a batman logo on the headrest and gold piping. The three center-row seats features Wonder Woman, Green Lantern and Flash logos with their respective colored piping. Finally, the third row of seats feature Aquaman and Cyborg logos with piping to match.

Also customized are the door panels, which feature comic strips on the upper inserts and color-coordinated piping, and the center console with its comic-strip covering.

What’s more, is that you can buy this custom rig on Ebay and bidding runs from today through July 27th here. The profits from the auction will go to help the We Can Be Heros campaign, which helps feed starving families in the Horn of Africa. So, not only can you own an awesome ride, but you also help a great cause, it’s a win-win situation.

The customization is based on a Sorento EX with a 3.5-liter V-6 engine that puts down 276 horsepower and 248 pound-feet of torque.

Click past the jump to read more about the Justice League Sorento.

A Formula One racecar belonging to arguably the greatest F1 driver in history is apparently such a collector’s item that people will deep pockets are willing to pay a moon’s price for it.

That much was made very clear at the recent Goodwood Festival of Speed after Juan Manuel Fangio’s 1954 Mercedes-Benz W196 sold for a staggering $29.6 million, making it the most expensive car to be sold at a public auction, the most expensive F1 race car ever and, as a cherry on top of the proverbial sundae, the most expensive Mercedes in history.

Lots of "expensive" there, huh?

The racecar, which was sold at a Bonhams auction late last week, is the same one Fangio used to win his second Formula One title in what became an illustrious and now legendary career. It’s noted for being the racecar that introduced a bevy of new technologies into F1, including the use of a fuel-injected engine, an all-independent suspension from Mercedes, a multi-tubular ’spaceframe’ lightweight chassis design, all-round inboard-mounted brakes, and the ’straight-8’ engine ’laydown’ configuration that reduces the car’s overall height.

Suffice to say, this Mercedes racecar is that rare gem in automotive history that commands a price depending on how deep the pockets of the bidders are.

And apparently, "deep" meant to the tune of $29.6 million.

Click past the jump to read about Juan Manuel Fangio

Source: Bonhams
Posted on by Simona  

For the 13th time in a row, Mini is preparing a special model that will be auctioned at the Vienna Life Ball for a good cause. This year it’s time for the company’s seventh model - the new Paceman - to dress up for the good cause.

This year’s Paceman Life Ball Edition was prepared by fashion designer Roberto Cavalli who opted for an iridescent paintwork that shimmers from black to brown, depending on the lighting.

On the roof, there is a huge "Robero Cavalli" logo, while the interior has also been completely redesigned according to Cavalli’s personal taste. The designer opted for a black trim with individual gilded elements – such as the decorative stitching on the leather seats and the Mini Center Speedo surround.

We’re hoping that the new Paceman by Roberto Cavalli will have the same success of all the previous Mini Life Ball models; for example last year the specially designed Roadster by Franca Sozzani was auctioned for €54,000 (around $71,000 at the current exchange rates).

Updated 05/29/2013: The new Mini Paceman by Roberto Cavalli was auctioned for a record €150,000 (about $194,000 at the current exchange rates) during the AIDS Solidarity gala. All the proceeds will go to combat HIV/AIDS.

Click past the jump to read more about the standard Mini Paceman.

Posted on by TB +  

The Aston Martin DB5 is a global phenomenon often referred to as ‘the most famous car in the world’ thanks to its longtime heritage over 50 years of James Bond films. The car itself retook center stage a few times in the films since originally starring in Goldfinger and From Russia With Love, most recently with Skyfall’s Daniel Craig wheeling it out of secret storage before a midnight dash to his childhood orphanage in Scotland.

RM Auctions 2012 sale of this Sierra Blue example also includes a big name attached: Sir Paul McCartney, who rewarded himself with his first Aston Martin just a few weeks after The Beatles breakout appearance on U.S. television via The Ed Sullivan Show.

As special as the DB5’s numerous celeb owners and movie credits are, the coverage can be exhausting sometimes because the same tired facts are reshuffled. In this full review of the DB5, the focus is the merits of the car itself versus its contemporaries like the E-type Jaguar , Lamborghini 350 GT and Ferrari 250 GTO.

The DB5 was also created in a fashionable convertible body-style and as a one-off shooting brake for company lead David Brown, but the two-door hardtops are the most recognizable and affordable examples of 1963’s most advanced car.

Click past the jump for the full review of this cherished dream car.

Posted on by Simona  

Ferrari entered the 1953 24 Hours of Le Mans with three 340/375 MM race cars . One of these three units was auctioned by RM Auctions at the 2013 Concorso d’Eleganza Villa d’Este for a total of €9,856,000 - about 12.7 million at the current exchange rates. Sounds like a good day at the auction for Ferrari, except that it also sold a 288 GTO, a F40, a F50, a Enzo and a 599XX track car. But the the biggest haul still came from the 375 MM, despite RM’s estimates that it would only be sold for the half the price it went for.

Apparently, three wealthy individuals really wanted the car and as everybody knows when there’s a bidding itch among people with deep pockets, the price tends to go up a notch. In the end, the car went to a guy from U.K. who, incidentally, also owns a 250 GTO.

This particular 375 MM has quite an impressive background: it participated at the 24 Hour of Spa, the Carrera Panamericana, and won the 12 Hours of Pescara. The car was driven by three World Champions: Hawthorn, Ascari, and Farina.

Click past the jump to read more about the 1953 Ferrari 340/375 MM Berlinetta.

Source: RM Auctions

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