Auctions auto news

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What you missed on 7.30.14

07/31/2014   [Original: Autoblog]
Category: Time Warp, Coupes, Hybrids/Alternative, Sedans/Saloons, Sports/GTs, Trucks/Pickups, Auctions, Chevrolet, Nissan, Rumormill, Electric, Diesel

Daily U-Turn

Nissan Frontier diesel muleNissan lets us sample a diesel Frontier prototype

Hey. You. Yeah, you. Do you think Nissan should build a midsize pickup truck with a diesel engine? Yeah, so do we. And we just got the chance to drive just such a beast, though it's anything but a production model at this point. This particular example is fitted with a 2.8-liter four-cylinder from Cummins, and it puts out 200 hp and 350 lb-ft of torque, enabling it to tow as much as 7,000 pounds.

2016 Chevy Volt spy shot2016 Chevy Volt coming soon to an auto show near you... probably

There sure is a lot we don't know about the next generation of Chevy's extended-range electric vehicle. What we do know, though, is that it ought to be making its auto show debut sometime soon. How soon? Likely either Los Angeles later this year or else Detroit, Chicago or New York in early 2015, according to an anonymous source.

Blood muscle auctionBlood Muscle auction? Sounds terrible, looks awesome

It's nicknamed the Blood Muscle auction because the cars, which will be sold each to the highest bidders on September 12, were attained by the president of a blood-testing company who is now incarcerated for alleged bribery. There's a Boss Mustang, a trio of Yenko Chevrolets and our personal favorite, a Plymouth Superbird, among others, up for bidding.

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'Blood Muscle' auction to sell impressive collection of ill-begotten classic cars

07/30/2014   [Original: Autoblog]
Category: Time Warp, Convertibles, Coupes, Sports/GTs, Auctions, Government/Legal, Chevrolet, Ford

Blood Muscle auction

The old saying goes that if you can't do the time, don't do the crime. But being a criminal can involve more than just taking a trip to the big house; it can also mean losing possessions purchased from any ill-gotten gains. Still, one man's loss is another's gain, and if you're in Lodi, NJ, on September 12, you stand the chance to buy some of the ultimate muscle cars from the US Marshals in what is being gruesomely nicknamed the Blood Muscle auction.

The grisly moniker was earned because all of the vehicles belonged to the president of a blood testing company who is facing prison time for alleged bribery, according to Hemmings. After all, they are muscle cars bought with actual blood money. The seven-vehicle collection includes some of the ultimate muscle cars ever made, and the original buyer clearly had an eye for rarity.

This cornucopia of V8 power includes a teal 1970 Ford Mustang Boss 429, a 1967 Shelby GT500 Mustang, an orange 1970 Plymouth Superbird, a 1970 Chevrolet Chevelle SS convertible and perhaps most prized of all - a trio of 1969 Yenko Chevys with a Chevelle, Nova and Camaro all represented. From the included photos, all of them look to be in fantastic condition.

A.J Willner Auctions, which is coordinating the sale, has authenticating documents for all seven vehicles on its website. "This is a live auction, all bidders will need to attend and bid in person with the required $10,000 cashier's check as a deposit on them," the company says about the event. If you can get past how the cars were purchased, there could be some bargains here.

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Will this McLaren F1 sell for over $12 million at Pebble Beach?

07/30/2014   [Original: Autoblog]
Category: Time Warp, Auctions, Supercars, McLaren

1995 McLaren F1 #0065

Decades ago, a dominant Formula One team made a few dozen examples of a sports car that was as devastating on the track as it was on the road, and as such, it has become highly sought-after by collectors willing to pay millions - even tens of millions - for the privilege of ownership. We have to be talking about the Ferrari 250 GTO, right? We very well could be, but in this case, no: we're talking about the McLaren F1 - a legendary supercar whose values seem to be skyrocketing in the footsteps of its arch-rival's most iconic classic. And if this latest pre-auction estimate is anything to go by, it will only continue to climb as quickly as it accelerates.

The past couple of McLaren F1s on whose sales we've reported traded hands for over $5 million apiece and we thought that was pretty spectacular, but this latest example consigned to Gooding & Company for its upcoming sale at Pebble Beach has an expected selling price of between $12 million and $14 million.

Chassis No. 031, a 1995 model, is a bit of a rarity in that it's one of only a handful of McLaren F1s painted in white, and the only one in this particular shade of Marlboro White, adopting the color of the grand prix team's title sponsor at the time. It's had only three owners who've put barely over 1,000 miles on the odometer, starting in Japan, where it resided with collector Shin Okamoto for 15 years before he sold it to a collector in Chicago, who in turn sold it to its current owner who's putting it up for auction. The 27th example built, it's said to be in "highly original" condition, was extensively serviced at the McLaren factory as recently as 2008, and comes with all its original manuals, tools and fitted luggage.

Is all of that enough to make this 1995 McLaren F1 worth more than twice what they've been going for? If someone pays it, we suppose it will. But the McLaren isn't even the most expensive lot consigned for the auction. Little surprise, it'll have to compete with a number of much older Ferrari models for that honor: a 250 GT SWB California Spider is estimated to fetch $13-15 million, the estimate for a similar coupe has not even been released, and a rare three-seater 1966 Ferrari 365 P Berlinetta Speciale could go for over $20 million.

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eBay Find Of The Day: 1988 Saleen Ford Mustang General Tire 21R race car

07/29/2014   [Original: Autoblog]
Category: Motorsports, Coupes, Auctions, Ford, Racing

1988 Ford Mustang Saleen 21R General Tire racecar auction

Saleen may be making headlines these days for working on the Tesla Model S, but its history and bread-and-butter is all about the Ford Mustang. The rear-wheel-drive Dearborn pony cars singlehandedly put the company on the map in the '80s. Founder Steve Saleen was already a talented American racing driver when he started the venture, and like many auto industry businesses before him, Saleen went to the track to prove his vehicles' worth. Now, there's a chance to buy one of those early racers on eBay Motors.

Saleen Mustangs raced in the Sports Car Club of America Escort Endurance Championship - a series of multi-hour races meant to challenge man and machine. Ostensibly a showroom stock class, the cars had larger wheels, tuned suspensions and other upgrades that stretched the concept slightly. Saleen found major success though, taking the championship for its class in 1987 and winning the 24 Hours of Mosport consecutively from 1986 through 1988.

According to the seller, Saleen only built eight of these cars, and this one carries the #21R serial number. They all started life as new Mustangs from Ford dealers but were immediately stripped and prepped to go racing. Beyond obvious mods like a roll cage, they featured eight-inch wide wheels in front, an inch of additional track width, stiffer suspension bushings and much more.

Saleen #21R is still in its well-known "Bumblebee" livery and includes its SCCA logbook, original wheels, a Saleen title, Steve's signature on the interior and many of the company's ID tags still on the car, according to the auction. It carries a Buy It Now of $65,000, and the auction ends on August 13. That's not cheap, but it would likely be quite a conversation piece whenever it arrived for a day at the track.

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Dodge to sell off first Challenger SRT Hellcat for charity

07/28/2014   [Original: Autoblog]
Category: Coupes, Sports/GTs, Auctions, Dodge

2015 Dodge Challenger SRT Hellcat VIN0001

Want to get your hands on a new 2015 Dodge Challenger SRT Hellcat, and can't wait to be the first to get one? Las Vegas will be the place to be on September 27. That's where Barrett-Jackson will auction off the very first example. And you'd better bring your checkbook, because the bidding is sure to be fierce with all the proceeds going to charity.

The supercharged Challenger with VIN 0001 has been hand-painted in Stryker Red (usually reserved for the Viper) and features special badging, documentation and accompanying memorabilia - not to mention, of course, that 707-horsepower, 6.2-liter supercharged Hemi V8. The car will be on display this weekend as well at Barrett-Jackson's Hot August Nights auction in Reno.

Not only is Dodge donating the vehicle, but Barrett-Jackson is waiving all its consignment fees and commissions so that 100 percent of the winning bid - which is sure to be mega - will go directly towards Opportunity Village, a non-profit that works to serve the needs of the mentally handicapped and their families. Check out the press release below for all the details.

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Ford F-35 Lightning II Edition Mustang appears at EAA Oshkosh

07/26/2014   [Original: Autoblog]
Category: Coupes, Sports/GTs, Auctions, Ford

Ford Mustang F-35 Lightning II Edition

Ford is back at the Experimental Aircraft Association AirVenture air show in Oshkosh, WI, on July 31 auctioning off its seventh Mustang for charity, and this is one seriously mean looking 2015 'Stang. All of the money from the sale goes to give free introductory flights to young people to get them interested in aviation.

We recently saw this latest EAA Mustang as a sketch. However, it looks a whole lot more menacing in person. Dubbed the Ford F-35 Lightning II Edition Mustang, it takes liberal inspiration from Lockheed Martin's latest fighter jet, and the customization makes the pony car look ready for a role in Top Gun.

On the outside, the special Mustang wears titanium-color paint that's offset by a black and yellow stripe running from hood to rear. Out back things get really wild with a mix of bright yellow and black that flows diagonally all the way to the rear spoiler. The design is based on the livery of early production F-35s. If the rousing color scheme isn't enough to get you interested, the car also gets a carbon fiber front splitter and rear diffuser, lowered suspension and a set of custom 21-inch wheels with yellow brake calipers.

Inside, the design continues to take inspiration from the fighter with gold-tinted windows to match the radar shielding from the plane's cockpit. To keep the driver and co-pilot planted, there are two big Recaro sport seats with more yellow accents, and in case you forget what's influencing the car, the door panels and floor mats show the F-35.

Ford's work with the EAA has raised over $2.5 million for charity, and last year's Air Force Thunderbirds-inspired car brought in nearly $400,000. With the 2015 Mustang being so highly desired, you might need some deep pockets to put this one in your garage. Scroll down to read more about this fighter-inspired coupe.

Continue reading Ford F-35 Lightning II Edition Mustang appears at EAA Oshkosh

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Will this 1966 Ferrari three-seater surpass $20M at Pebble Beach auction?

07/26/2014   [Original: Autoblog]
Category: Time Warp, Coupes, Sports/GTs, Auctions, Ferrari, Luxury

1966 Ferrari 365 P Berlinetta Speciale

With a week of lavish automotive events coming up centered around the Pebble Beach Concours d'Elegance in August, some of the highest profile auto auctions in the world are about to take place. Hearing about Ferrari Testa Rossas and 250 GTOs going for tens of millions of dollars during these events is commonplace, but Gooding & Company is bringing a unique Prancing Horse to sell in California that could be a record-breaker for the company.

The car in question is the drop-dead gorgeous 1966 Ferrari 365 P Berlinetta Speciale with just 7,900 kilometers (4,910 miles) on the clock that's pictured above, and it checks all of the boxes to make it incredibly desirable. First off, just look at it. The flowing lines and giant, tinted moonroof really make this Ferrari a head-turner. Inside, it has the distinctive feature of three seats with the driver slightly forward in the middle, kind of like the McLaren F1. And what a view from behind the wheel with all of the expansive glass in front of and above the driver. According to the auction listing, Pininfarina displayed the Speciale at a variety of international motor shows in 1966 and 1967.

If the looks aren't enough, then the provenance puts this Ferrari over the top, for sure. Underneath those gorgeous lines is the chassis from a Ferrari 365 P2 endurance racer. The sale claims that this was the first mid-engine, Ferrari 12-cylinder model created from the start as a road car. After touring with Pininfarina, it went to Luigi Chinetti, the first man to sell a Prancing Horse in the US and the boss of the company's North American Racing Team. He sold it twice, but the Speciale has been in the hands of the Chinetti since 1969.

Gooding isn't offering a dollar estimate on the sale, but it's expecting big things. "The most expensive automobile that Gooding & Company has ever sold at public auction is the 1957 Ferrari 250 Testa Rossa. We expect to shatter that record at Pebble Beach this year," said company boss David Gooding about the car, according to a spokesperson to Autoblog. That Testa Rossa went for $16.39 million after fees. It gives the 365 a lot to live up to. Scroll down to read the entire auction listing.

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BringATrailer getting into the auction business

07/25/2014   [Original: Autoblog]
Category: Time Warp, Auctions, Etc.

Bring a trailer auctions

If you're into classic cars and don't already know about the website, you're seriously missing out. The site highlights vintage cars of all stripes for sale on the internet, whether they are from eBay Motors, Craigslist, its own readers or practically anywhere else. Even if you're not shopping for something to add to your garage, the commenters' discussions are usually incredibly insightful and often amusing, if a little pedantic. With a newly launched redesign, our friends at BaT are branching out a bit and starting their own weekly auto auctions.

With the new feature, appropriately called BaT Auctions, the site is hoping to bring its high quality, low quantity ethos to the world of online car auctions. Unlike eBay Motors, not just any vehicle can get in. Each selection is curated, and in a novel twist, BaT's fervent commenter base get to discuss the car for six days before the 24-hour sale actually begins.

To keep sellers from getting ripped off, bidders have to put down a deposit and register a credit card beforehand. Also, in an interesting move designed to prevent bid sniping, if there is a bid anytime within the last three minutes of the auction, then the timer resets back to three minutes on the clock.

With three cars this week to kick things off, BaT plans to tweak the auction process as needed in the future. "Our goal is to create the absolute best way to buy and sell the best cars of all time, and we know that's something that will take us time to get just right," said Bring a Trailer co-founder Gentry Underwood to Autoblog via email. Scroll down to read more on the company's announcement.

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Ford auctioning off F-35-themed 2015 Mustang for charity

07/17/2014   [Original: Autoblog]
Category: Concept Cars, Coupes, Sports/GTs, Auctions, Ford

2015 Ford Mustang F-35

Ford's been a supporter of EAA AirVenture, a huge, annual air show held in Oshkosh, WI, for several years now, with one of its most notable contributions being a modified Ford Mustang, designed to look like one of America's great fighting aircraft. There was an SR-71 Mustang, based on the legendary spy plane, a Red Tails edition, which honored the ground-breaking Tuskegee Airmen of World War II, as well as Blue Angels and Thunderbird Mustangs, based on America's two great military aerial demonstration teams.

Each car is auctioned off, with all proceeds going to the EAA Young Eagles program, which introduces kids to the joy of flight. For the 2014 AirVenture, which runs from July 28 to August 3, the one-off pony car is based on the new-for-2015 Mustang, and America's latest fighting aircraft - the controversial F-35 Lightning II.

The unique Mustang sports titanium paint scheme, with both glossy and matte sections, as well as yellow-and-blue trim and decal elements inspired by CF-1, the first F-35 test plane. A carbon-fiber front splitter and rear diffuser add some visual eye candy, while the interior boasts a set of Recaro seats. Ford also opted to fit unique wheels and a brawnier rear spoiler, to tie everything together.

Considering previous versions of the custom Mustang crossed the block for as much as $400,000, there's little reason to think that this latest example, based on the eagerly anticipated sixth-generation Mustang, will be a cheap buy. The fighter-jet-inspired muscle car will be auctioned off at the Gathering of Eagles charity event, on July 31.

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Bertone can't part out historically protected collection despite looming bankruptcy

07/14/2014   [Original: Autoblog]
Category: Concept Cars, Time Warp, Auctions, Euro, Earnings/Financials

1970 Lancia Stratos HF Zero

Some companies can survive long after their founder has left the building, while others are so centered around the identity of one individual that everything unravels in their absence. And there's arguably no place that can be seen more clearly than in the Italian automobile industry.

Companies like Ferrari and Lamborghini have thrived even after the passing of the founder for which they're named, whether or not that founder's family remains involved in the business. Other names like De Tomaso and Isotta Fraschini have disappeared from the scene in the absence of their namesake founders. And the same can be seen in the coachbuilding and design scene. Pininfarina remains a fixture of the industry even after Battista "Pinin" Farina, Sergio Pininfarina and Andrea Pininfarina all passed. As has Zagato since the passing of Ugo Zagato. Things have not gone so well for Bertone, however.

The carrozzeria founded by Giovanni Bertone thrived under the leadership of his son Nuccio, but after the latter's passing in 1997, it all started falling apart. Fighting broke out between Nuccio's widow Lilli and other people closely involved with the company, and the business began to fragment. Now there are so many splinters of the once-great Gruppo Bertone that it's hard to keep track of them all. But arguably the most important of them is Stile Bertone. Or, we should say "was" Stile Bertone, because that outfit has gone bankrupt more times than we can count, and now seems destined to stay there.

With its final dissolution looming, debts skyrocketing and no savior in sight, it looks like Stile Bertone is about to fall of the map (unless a major automaker swoops in to save it like Volkswagen did with Italdesign Giugiaro, like Ford rescued Ghia or like Ferrari absorbed Scaglietti). But what will happen to its assets once it's gone? Well, whatever can be liquidated will be in order to pay off its debtors. But there may not actually be that much that can be sold. The factory at Grugliasco was sold to Fiat, which is using it to manufacture the latest Maserati Ghibli and Quattroporte. The Bertone name and logo are licensed to it by Lilli's holding company Bertone Cento. And even its reportedly extensive concept car collection might not be so easy to offload.

That's because the collection, according to WardsAuto, is classified as an item of "historic national heritage" in Italy, which means that it can only be sold as a whole, in its entirety, and cannot be split into individual lots like the ones (pictured above) that RM Auctions sold off at Villa d'Este three years ago. What exactly made those examples eligible for liquidation and the remaining collection not, we don't know. Nor do we know which cars are currently in Stile Bertone's possession and if they were to be sold, whether they would be allowed to leave Italy or Europe. But we're looking into it, so watch this space for more.

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