Auctions

While most people these days are worried about going electric, there was a time - the 1960s and the 1970s - when everyone was dreaming about a muscle car. Powerful engines, speed, amazing look - what’s not to like about them? Back in the 1970s, one of the muscle cars that made history was the Plymouth Superbird. It was in fact a homologation for the racing version and was as close as possible to the actual race cars. Now, during Barrett-Jackson’s latest auction in Las Vegas, a 1970 Plymouth Superbird was sold for a record $1.65 million.

BMW has been turning out some of the greatest driving machines ever made. The list is long with cars like the BMW M1 E26, BMW M6 E24, BMW M3 E30, and others, which are world renown for their incredible smile per gallon ratio. Sadly, not all great models are successful and the BMW 507, produced between 1956 and 1960, is among them. Very few of them were made, and recently, one came up for sale, after more than 40 years away from the spotlight.

When it comes to cars sold at auction, Ferrari is breaking record after record. In fact, except for the $142.9 million Mercedes 300 SLR, Ferrari is on the top of the list of the most expensive cars in the world. This 1955 Ferrari 410 Sport Spider set to be auctioned by the auction house RM Sotheby in Monterey, California, in August 2022 will most likely be no exception. Only two units were ever built, and this particular one was driven by Carroll Shelby himself in the prime of his career.

Classic American muscle cars are still some of the most desirable cars by collectors and enthusiasts. The Plymouth Cuda is among the most iconic representatives of the 1960s and early 1970s American motoring. The third generation came out in 1970 and is one of the last muscle cars to have actual muscle. Now, not one but two of the most pristine examples are up for grabs through Barrett Jackson. Both cars are the 1971 model year and are listed as no reserve, but one of them is extra special.

Looking at the present-day luxury saloon, you might think that the Ghibli was always a four-door sedan. But, introduced in 1966 at the Turin Motor Show, the Ghibli was born as a GT car with a V-8 under the hood. As a result, the OG Ghibli is as sporty as the current-gen model, and there’s one that could sell at auction for less than $10,000. Furthermore, this first-gen Ghibli is a 1968 model, and is in a decent condition, considering it is a 54-year-old car.

Few car brands have the connotation of special as Ferrari. The sports cars of the prancing horse are legendary, some more so than others. Among the biggest highlights of the Italian brand is the Ferrari Enzo, which was built to celebrate 60 years of Ferrari. Like all flagship Ferrari models, the Enzo was produced in limited quantities, with only 400 examples, and now, the rarest of them all is being auctioned off through RB Sotheby’s without reserve.

Traditionally, when you think about vintage and classic cars, you naturally assume that they’re the sort of cars that cross the block at one of those big auction houses. While part of that is true, there is so much more to it. Classic cars can also be a hobby and an affordable one at that if you play your cards right. Today, with the industry as a whole acknowledging and embracing electrification, the landscape of classic and collector cars is simultaneously also seeing a big transformation. Demand for all types of cars from old-school to modern-day classics has seen tremendous growth over the past few years.

However, navigating the market both online and offline continues to be a challenge for buyers and sellers alike. Classic.com aims to address some of these pain points, by aggregating data from several auction houses as well as dealer listings across the country and beyond. They are essentially a Zillow of the classic and collector car world. I recently had the chance to catch up with Juan Diego Calle, the CEO & Co-Founder at Classic.com to find out more about how the site works.

Chevrolet’s Camaro has been the ultimate rival of Ford Mustang and Dodge Challenger. Throughout the years, GM’s take on offering a value-for-money sports coupe has been successful, with more than 5 million examples sold since its launch. But, today, we have something special for you - a 1968, V-8 Camaro with a mid-engined layout like the C8 Corvette. But, unlike the latter, the Camaro is a big-fat American coupe, not a sports car. This example of the first-gen Camaro is built by Centerline Vehicle Designs and has a highest bid of $73,000 at the time of writing this with two days for the auction to close..

Aston Martin’s DB7 Vantage was introduced in 1999, at the Geneva Motor Show, to bring a more aggressive and powerful DB7 to the market. The British luxury automaker was a part of Ford, which was the owner of Jaguar as well. So cross-pollination between the DB7 and the XK8 was seen, but unlike the Vantage, the Jag had a V-8 under the hood. In addition, the Vantage introduced a more robust 5.9-liter V-12, a sportier exterior aesthetics, and the suspension was firmed up to enhance the driving dynamics. And when all of these are taken into account after two decades, the price of this magnificent British coupe has come down and is the same as a brand-new Chevy Spark. So an example of the DB7 Vantage is being auctioned as we are writing, and it might be an amazing deal.

The first Corvette Z06 was auctioned for the amazing amount of $3.7 million. Now you have the chance to own another unique Z06. It won’t be the first one, but it will be the only one in the world finished in this very cool-looking Minted Green finish. And it will come with an additional NFT as proof of your ownership.

Chevrolet is not in fact the only automaker that tries to cash in on the new NFT trend. Lamborghini will sell the last Aventador unit along with a non-fungible token, while the Alfa Romeo Tonale’s the NFT will be used to record vehicle data with the customer’s consent.

Cars have been divided into affordable and expensive ever since the early days of the automobile. As Ford began to streamline production for the Model T, which made it affordable to the average Joe, automakers like Rolls-Royce were producing luxurious and expensive cars.

Companies like Bugatti, Duesenberg, and Cadillac soon joined this endeavor to produce the best car in the world, which would also be the most expensive car in the world. As years went by, many of them also became very valuable. Rare cars become collectibles, and collectible status comes with a high price tag. Which are the rarest and most expensive cars on the market right now? Find out in the article below.

The 1985 RUF BTR II Cabriolet needs no introduction, as it was a hell of a sports car with a ton of power and excellent handling behavior. It won the world’s fastest cars contest by clocking 186.2 mph as the top speed in 1984, which was insane. So here we have an example from the 1985 model year, and it is looking for a new home. There’s a good chance that it may go beyond the $500,000 mark before the digital hammer drops, but is it really worth it?

Wiesmann is a small German sports car maker that specializes in hand-building custom convertibles and coupes. It was founded in 1988, but filed for bankruptcy in 2014. A year later, the company was bought by British entrepreneurs, Roheen & Sahil Berry, who were supposed to make a new model known as "Project Gecko" in 2018. While the name is, of course, closely related to the company’s logo, the Gecko was supposed to be offered with the same V-8 engine found in the previous BMW M5 generation.

The model never happened. Instead, Wiesmann decided to keep with the times, and while it took them another four years, the name is now back on the market. The new model - known as Project Thunderball - was actually a very good decision.

With my hot wheels and NFS arcade racing games in the late 90s and early 2000s, I am someone who grew up in the Fast and the Furious generation. But over the years my taste in cars has evolved and I have come to appreciate much older cars as well. The sixties, in particular, are a sweet spot for me.

The cars from some big names can fetch millions today, but really, how expensive is it to get into the world of classic cars, and is it a hobby that is still accessible? Well, to give me an insight on the current trends and where the industry is at, I had the chance to catch up with, Richard Reina from CARiD, a thirty-year-old industry veteran. Now in his 60s, he has been involved in the hobby side of things, for pretty much his entire adult life.

Another day, another broken record. A legendary, 1955 Mercedes 300 SLR was recently sold at an auction in Germany, for the record price of €135 million, which equals $142.9 million at current exchange rates. This makes the 300 SLR the most expensive car in the world, easily dethroning the 1963 Ferrari 250 GTO, which was sold for $78.0 million back in 2018.

The Ford Mustang Boss 302 needs no introduction. It has etched its name in the history books, and 50+ years later, it is still a sought-after car. Mecum Auctions has one 1970 fastback example come up on its website, and it is the closest thing to perfection. This Boss 302 is finished in a Lime Metallic shade and is expected to fetch a six-digit price. Are you interested?

It is a well-established fact that for the longest time, the highly coveted title of the world’s most expensive car was held by a 1964 Tour de France winning Ferrari 250 GTO which fetched $70 million at a private auction. But, all this while, the 1955 Mercedes 300SLR, which currently is a part of Mercedes’s heritage fleet, was valued at over $100 million. However, it was never active in the running for the title of the world’s most expensive car because nobody would have put their money on Mercedes parting ways with the car that not only cemented the auto marque’s reputation for quality and craftsmanship, but even birthed the German automaker’s racing endeavors in the post-war era.