2016 Mecum Monterey Auction – Preview
Mecum Auctions has been involved with collector cars for almost three decades now, growing from a small family business to selling roughly 20,000 lots per year. In addition to top-dollar automobiles, Mecum also offers vintage motorcycles, collectible road art, and believe it or not, tractors. But you and I don’t really care about all that other stuff – we’re in it for the cars, from cutting-edge performance machines to ironclad muscle cars, antique classics to no-frills racers. Thankfully, Mecum has the entire spread on tap. The auction house averages more than one event per month, but one of the biggest is in California for Monterey Car Week. Roughly 600 vehicles are slated to hit the block for 2016, and we’ve got some of the most interesting of them profiled right here.
Highlighting the lineup for Monterey is the Modern Speed Collection, a host of ultra-high-end speed-mobiles from the present day. Mecum calls it “the apex of 21st Century automotive performance,” and picking through the offerings, I’m inclined to agree. Think rare, gorgeous, and absurdly quick.
TopSpeed will be on the scene this year, bringing you all the latest. Read on for a taste of what’s in store.
Update 08-20-2016 5:00 P.M. PST We’re on the scene at Mecum and have updated this preview with a welcome video. Check it out in the preview below.
Continue reading to learn more about the 2016 Mecum Monterey Auction.
1931 Cadillac Series 370 Phaeton
In the late 1920s, most auto manufacturers had shifted production to multi-cylinder internal combustion engines. As such, Cadillac needed to keep up with the Joneses and began working on a V-12 and V-16 model. Even at that time, it didn’t take long, and by 1931 Cadillac began selling the Cadillac Series 370 V-12. Surprisingly, Cadillac offered the V-12 with the same bodywork as the V-16, despite the fact that it featured a shorter wheelbase. This left the V-12 model looking so similar to the V-16 model that the only easy way to tell a V-12 from a V-16 (unless they were parked next to each other) was to look for the V-12 Badge.
The Series 370 Phaeton that you see here was manufactured for the 1931 model year, making it one of the early 370s, also known as the 370A. As you can see, the car featured a classy design with a drop top and side-mounted spare tires. The hood was long, but not nearly as long as that of the V-16, which happened to be about four inches longer. The V-12 model was actually a huge seller for Cadillac, with a total of 5,733 examples sold in 1931 alone. That’s a whole heap more than the 363 examples of the V-16 model sold in the same year.
The model you see here was professionally restored back in the late 1990s and has only been driven 169 miles since resto completion. It will be going under the hammer during Monterey Car Week at the Mecum Auction and is expected to grab anywhere between $210,000 and $250,000 on the stand. Before that happens, let’s take a better look at this beautiful 370 Series and talk a little more about it.
Read our full review on the 1931 Cadillac Series 370 Phaeton below
Cadillac is a company that has had some fantastic highs as well as some depressing Cimarron-level lows. The prewar V-16 models were world leaders in luxury, but even after WWII, Cadillac had a few offerings that still put it at the front of the pack. Some early versions of the Eldorado were in a price bracket with Rolls-Royce, and then there were the Series 62 Ghia coupes. Coachbuilt cars in general were far less plentiful by 1953 when the Ghia coupes were built, and Cadillacs even more so. The company had invested heavily in coachbuilding during the ’20s in order to be able to offer a staggering number of body styles and customization options without buyers needing to go to a third party to have a body built.
So even in the ’30s, couchbuilt Cadillacs were already rare, but in 1953, the Ghia coupe was something extra special. But what makes these cars so great, apart from the fact that they are so very rare, is that they are also something of a mystery. Very little information, paperwork or even photos from the period remain, and there are even unconfirmed rumors about the cars that get passed around as facts.
Continue reading to learn more about the 1953 Cadillac Series 62 Coupe By Ghia.
It might be hard to tell now, after the massive hit that Cadillac’s reputation took during the malaise era, but there was once a time when Cadillac’s drive to be the best luxury car company in the world was absolutely maniacal. This drive led to the purchase of two different coachbuilders, Fleetwood and Fisher, in the mid-’20s, so that Cadillac could offer everything for its cars in-house. The norm at the time for luxury cars was to buy just a chassis from the manufacturer and then a separate custom body from a coachbuilder. Cadillac wanted a customer to be able to order a full custom car from it, thus streamlining the process and potentially offering a greater range of custom options.
The other big push at the time was to develop a V16 engine, essentially just to show up Packard, Cadillac’s biggest rival, that had just debuted a new V12. And thus was born the Cadillac V16, sometimes just called the “Sixteen,” Cadillac’s top of the line model from 1930 to 1940. It was offered with a dizzying list of options, all right from Cadillac, and special requests were of course welcome. It was an era-defining luxury car.
Continue reading to learn more about the 1930 Cadillac V-16 Two-Passenger Coupe by Fleetwood.
Don Draper’s story may have come to an end, but you can pick up where he left off by buying his 1965 Cadillac Coupe DeVille. Now that it’s no longer needed on set, the Caddy is up for auction at Screenbid, with a high bid of $26,250 — a price that’s sure to increase many times over before the auction ends on August 7th.
Draper’s daily driver looks to be in excellent condition. The silver paint looks great, the body panels are straight and the red interior appears to be clean, though you might want to get it steam cleaned, considering the number of Lucky Strikes the car inhaled.
The Coupe DeVille was basically a character of its own for the last few seasons of Mad Men. Draper, played outstandingly by Jon Hamm, reluctantly purchased the car at the beginning of season five and used until the end of the seventh and final season.
But why stop with just car? You can embrace the complete Draper lifestyle by also bidding on and winning Don’s playing cards, night robe and slippers, black lace dress shoes, silver and glass set and Ray Ban sunglasses. Just maybe do so without the chain smoking, heavy drinking, womanizing and erratic behavior. Nah...what fun would that be?
Continue reading for the full story.
General Motors has made a habit of offering first production cars of various nameplates for charity. Recent notable auctions saw cars such as the 2015 Chevrolet Corvette Z06 and the 2014 Camaro Z/28 raise money for charity, and the 2015 COPO Camaro is set to go under the hammer to benefit the needy as well. Now, GM has just announced that the first 2016 Cadillac CT6 to roll off the assembly line is also headed to the auction block. The innovative full-size sedan will raise money for the Karmanos Cancer Institute, a research center dedicated to the prevention, early detection, treatment, and eventual eradication of cancer. It will be auctioned off at the Barrett-Jackson Collector Car Auction in Palm Beach, scheduled April 17th to 19th.
There’s no estimate as to how much the CT6 will raise, but I wouldn’t be surprised to see it fetch in excess of $700,000, or more than ten times its rumored sticker.
The Caddy will share the stage with the first 2015 COPO Camaro, as well as handful of bespoke GM cars. A custom Tony Stewart "Smoke" Edition 396 Chevelle will benefit the Darrell Gwynn Foundation, while a 1969 Camaro Z/28 restomod built by Torque Sports and Performance will raise funds for the SJO Foundation For Hope. A modified 1996 GMC Sierra Custom Pickup was privately donated, with proceeds to benefit the Boy Scouts of America.
Continue reading to learn more about the Cadillac CT6.
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
Back in late July, we received word that the ATS, Caddy’s 3-series fighter, was heading into production after lengthy speculation. At that time, apparently Cadillac had shipped the first-built ATS to a dealership, but its plans with this first model were never revealed. All we received was the canned “for later use” response about this first-production car.
We knew that the first-produced ATS would not be sold in the typical dealership and we were thinking that maybe GM would archive it somewhere, but we actually just found out that it is going to a better cause. GM is auctioning this first-run ATS off at Barrett-Jackson’s Las Vegas event on September 20th through the 22nd.
It being auctioned isn’t the big deal, as GM has decided to donate the car to the auction and Barrett-Jackson will waive all of its commission fees, which means 100 percent of the sale will go to benefit Team Joseph, a charity that benefits Duchenne muscular dystrophy. Needless to say, this is a honorable act of kindness by two giants in their respective industry and the second time GM has stepped up to auction off a car for charity. This one, however, seems like much less of a smokescreen than the last auction.
This time, we think a tip of the hat is in order for GM and Barrett-Jackson. It’s nice to see an American automaker in recent years stepping up and showing it is willing to give back to its customers, especially one that is still in recovery mode after almost going completely belly up just a few years ago.
While the estimated auction value of the Premium-trimmed ATS is unknown, we do anticipate it pulling in much more than the $47,795 MSRP for a 320-horsepower ATS. It may even crest the $100K mark.
Click past the jump to read Cadillac’s full press release.
Check out what just popped out of the Aero Toy Store Collection in Ft. Lauderdale, FL? That, dear friends, is as rare a race car as you can find on the planet - or any other planet, for that matter.
Straight out of the year 2000, this rare-as-a-pink-diamond Cadillac Northstar LMP with chassis number "0LMP00005" is up for sale with a going price of - mandatory suspenseful long pause - $175,000. Don’t be dismayed though. Did we mention that it’s extremely rare? Also, it’s got a twin-turbocharged 4.0-liter Northstar V8 engine that produces over 570 horsepower and was built specifically by General Motors for the two events: the American Le Mans Series and the 24 Hours of Le Mans.
Run down the list, if you must. Rare? Check. Powerful and fast? Check. Racing history? Check.
Sounds more and more like it’s worth the $175,000 price tag it comes with, doesn’t it?
This maybe the only wagon that kids wanted to drive when they grew up. If you were one of them, and you have an extra $45,600 (as of this afternoon), then eBay can get you an official a fully-restored Ghostbusters 1959 Cadillac Miller Meteor Ecto-1.
The vehicle is one of the three cars authorized by Sony/MGM: there are two cars used for the movies and this one was built for the Universal Studios Florida theme park (so you don’t have to worry about getting rid of that Dan Aykroyd smell.) Under the hood there is a Chevy 350 engine connected to a turbo 400 transmission, making the car fine for driving around your town, but the 5000 lbs weight (21 feet long and 10 feet tall) will probably ensure you won’t win any races. So all you Bill Murray fans hurry up, the clock is ticking!