The 2014 CTS Sedan has definitely grown on a lot of people. Actually, it’s become quite popular in the years that it’s been around, so much so that Cadillac has decided to send the first performance version of the new CTS, dubbed the CTS VSport, to the auction block.
The car will be donated by General Motors to the Society of Automotive Engineering (SAE) Foundation where it will then be auctioned off at a Barrett-Jackson auction later this year.
The proceeds of the auction, which we expect to be quite significant for a CTS VSport, will then head to the foundation’s outreach programs.
GM and Cadillac decided to donate the car after its own senior VP for product development, Mary Barra, was bestowed with the prestigious Industry Leadership Award, becoming the first woman in the SAE’s history to be given such an honor.
Click past the jump to read about the Cadillac CTS VSport
Ferrari had a big problem with its 400 series when it debuted in 1959. Sure, the car packed a racing V-12 and all the gravitas a Ferrari badge can bring, but its brutal style made the front-engine 2+2 GT car a tough sell in one of Ferrari’s fastest-growing markets: the United States.
An emergency refresh was undertaken. Gone was the 400’s square grille and quad headlamp setup, replaced by Ferrari’s delicious oval slatted grille and single round headlamps under glass at each corner. Suddenly, the 400 Superamerica SWB Coupé Aerodinamico was as gorgeous as its two-seat siblings.
This very car, one of 36 built, is owned by famed driving instructor Skip Barber and is set for auction this weekend on May 25th by RM Auctions in Lake Cuomo, Italy. The pre-sale estimate is between $2.4 and $3 million, but the bidding could well reach $5 million before the dust settles.
Beneath the Superamerica Aerodinamico’s sumptuous bodywork lies the vanguard of Ferrari tech at the time, much like the Ferrari 456GT and current FF. Part of the “America” series of cars that included the 330 GT and 365 GTC, the plan in Modena was to leverage the flexibility offered by their small-scale Pininfarina bodywork team to create unique shells that would sell cars in crucial markets, like New York and Los Angeles, as well as Firenzi and Roma.
Click past the jump for the full review and photo gallery of this timeless classic, the 400 Superamerica Coupe SWB Aerodinamico.
It’s no surprise to anyone that Fisker is on life support and is nearing its final breath, as it has had way too many issues over the years. Even with the company likely organizing its affairs for bankruptcy, no one could have ever anticipated seeing a Karma for sale at less than half of the sticker price.
Well, we can now see that the unexpected is a reality, as Karmas are starting to trickle onto Ebay at massive discounts. When we drove the Karma, we found that it drive like a far more expensive car than its $100K price tag and later found that it actually costs more to develop and advertise than Fisker was actually selling the model for.
As of May 17th, we found four Karmas for auction on Ebay with current bids that run from $50,000 to $79,995 with less than 10,000 miles on their odometers. In fact, the $50,000 model only has 550 miles and it is 1 of 100 Signature Editions. Business Insider actually managed to dig one up for $40,200, which adds up to 60 percent off of the MSRP.
From the looks of it, Karma owners are getting spooked by Fisker’s financial trouble and the fact that if the company goes under, there is no large backer to cover warranty and service issues. Unlike when Pontiac and Saturn closed up shop, Fisker doesn’t have GM behind it to provide post-mortem support.
Back in 2007, Pratt and Miller Engineering was asked by GM to develop a road-going version of the C6R racecar as a special gift to Jay Leno. Apparently, the company was impressed by the result and a total of seven units were developed in the end. Back then, the Corvette C6RS was priced at $330,000.
If you are interested in owning one of the seven C6RS models ever built, you now have the chance to win serial No. C6RS003 – a unit specially ordered and built for Pratt & Miller’s official race photographer – at auction.
If you are interested, you can bid on this car on eBay. Currently bid is a little under $110k, but we expect to see it jump up pretty quickly as the end of the auction approaches. Hurry up though, as the bidding war ends on May 19th, 2013.
Click past the jump to read more about the Chevrolet Corvette C6RS.
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. Still, the company is keeping that a secret until the model will be displayed in Vienna on May 24th 2013.
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).
Click past the jump to read more about the standard Mini Paceman.
During this past weekend, RM Auction scored another great result, as its Don Davis Collection crossed the auction block for over $21.2 million - a record-breaking total. The collection included a total of 64 cars with the highest bid going to a 1967 Ferrari 330 GTS, which was sold for $1,936,000 - another auction record.
The second place goes to a 1973 Ferrari 365 GTB/4 Daytona Spider, which was been auctioned for $1,650,000. Next there was a 1967 Toyota 2000GT that sold for $1,155,000 - a record for the model - a 1988 Porsche 959 ’Komfort’, which sold for an outstanding $770,000; a 1965 Rolls-Royce Silver Cloud III Mulliner Park Ward Drophead Coupe for $577,500; and a 1965 Lamborghini 350 GT Coupe for $550,000.
After this success, RM Auction will continue to the Concorso d’Eleganza Villa d’Este weekend, May 25, Concours d’Elegance of America at St. John’s, July 27th and Pebble Beach Concours d’Elegance on August 16th through 17th.
Click past the jump to learn more about the highest bids.
The one-off Dodge Challenger SRT8 belonging to Chrysler CEO Serio Marchionne and called "Pitch Black" has officially hit the auction block, fetching $175,000 during the Barrett-Jackson auction in Palm Beach, Florida over the weekend.
If you all remember, the one-off 2011 Challenger SRT8 was far from a run-of-the-mill model. It came packed with plenty of custom details that were included to make it stand out from the model line. And that’s on top of the 470-horsepower output the muscle car was capable of.
So yeah, it was quite the exclusive steed that Marchionne dutifully sent to auction to benefit the United Way for Southeastern Michigan community group. As far as the winning bidder is concerned, the lucky man was apparently an avid car collector who added a pretty impressive one-off Challenger SRT8 to his collection, as well as a 540-horsepower Hemi V-8 crate engine from Mopar.
A unique Challenger SRT8 and a Hemi V-8 engine? Sounds like an impressive haul at an auction, even for its $175,000 price tag.
Click past the jump to read more about Sergio Marchionne’s Challenger SRT8 Pitch Black
By our count, that’s $2.1 million for the first production coupe and convertible models of the new Corvette Stingray.
Despite admittedly paying a little premium for the two sports cars, Hendrick should take comfort knowing that every penny he used to pay for the vehicles will go to a charity. In the case of the recently purchased Corvette Stingray Convertible, that charity is the Barbara Ann Karmanos Cancer Institute whereas the money he paid for the Corvette Stingray Coupe went to benefit the College for Creative Studies in Detroit.
Hendrick has become a fixture in the auction scene for being one of the most aggressive Chevrolet bidders around. Over the past few years, he’s already compiled a pretty impressive list vehicles he’s won through auctions, in addition to the pair of Corvette Stingrays he just added to his collection.
Check out a pair of models and the price tags Hendrick paid for them after the jump
In true Chevrolet spirit, the first Stingray Convertible will be auctioned for charity. It will be sold at the Barrett-Jackson auction on April 5th in Palm Beach, FL with all the proceeds going to the Barbara Ann Karmanos Cancer Institute and its 31st Annual Dinner. For reference, the first Corvette Stingray Coupe was auctioned for a total of $1.1 million by Barrett-Jackson and the drop-top model should fetch a sum close to that.
Clients interested can also bid online at by visiting www.barrett-jackson.com. The winning bidder will receive a letter of authenticity and will have the possibility to choose the exterior color of their car.
The Stingray Convertible is powered by a 6.2-liter V-8 engine that delivers an estimated total of 450 horsepower and 450 pound-feet of torque. The model is equipped with a fully electronic top can be lowered remotely and opened or closed at speeds of up to 30 mph.
For the record, this isn’t a special edition model, nor is it a new trim introduced by Chrysler.
This one-off 2011 Dodge Challenger SRT8 392, called Pitch Black, is owned by Chrysler CEO, Sergio Marchionne. But he’s saying adios to it because the car is headed to the auction block at the Barrett-Jackson auction in Palm Beach, Florida this coming April.
So why is Marchionne selling this doozy of a one-off? Well, give credit to the man because proceeds from the auction will go directly to the United Way for Southeastern Michigan and the money will be used for education, income and basic needs of people in the Detroit area.
About the car itself, it gets its "Pitch Black" designation because of the color of the body. Adding to that are a slew of other design and aero components, including: a set of custom mixed “Dark Charcoal” racing stripes, lowered suspension that makes use of a Mopar adjustable coil-over kit, and a Mopar exhaust system. In addition, the muscle car also has smoked taillights and a set of factory forged 20-inch wheels with a matte-black finish.
Black leather seats embroidered with “SRT” and “392” logos adorn the interior of the one-off Challenger while a state-of-the-art SRT-exclusive Electronic Vehicle Information Center was also installed.
Finally, the Marchionne’s Challenger SRT8 392 comes with a 6.4-liter HEMI V-8 engine that produces a stout 470 horsepower and 470 pound-feet of torque, good enough to hit 60 mph in less than five seconds with a quarter-mile time of just a shade under 13 seconds.