Tag Archives: car show

Monterey Auction Results 2018

Now that the excitement of Monterey, CA week has settled down, we can check out the results and trends that have arisen. The combined auctions at Monterey week typically mark the end of the classic car season. Yes there will be plenty of other car auctions like the upcoming Barrett-Jackson Auction in Las Vegas, NV before the close of the year, but the big guns and big dollars are over for 2018. All prices listed are shown with buyer’s commissions and rounded off.1935 Duesenberg

Monterey Auction Results

Of course we already discussed the 1962 Ferrari GTO that sold for over $48 million dollars. The still “infamous” Ford GT owned by John Cena went for $1.5 million at Russo and Steele’s auctions

Gooding’s sold a 1935 Duesenberg for $22 million, which set a record for a pre-war auction sale. They took in $116 million in total sales.RM Sotheby’s garnered a whopping $157 million and that included a 1966 Ford GT40 that went for nearly $10 million.1966 Ford GT40

Monterey Auction Players

Meccum’s daytime auctions brought in a tidy $48 million and had some serious metal moving through the auction block. Worldwide Auctioneers edges into the field with a total sale of $5.5 million. Bonham’s sold over $37 million in one day at their sale. They sold off a 1921 Stutz Bearcat for just under half a million. Shortly after the auction week Bonham’s announced they had been sold to a private equity firm as well.

Monterey Auction Analysis

Now many might tout the current total of $371 million in sales as a great sign for the hobby. After all only 2014’s total of $463 million and 2015’s total sales of $396 million were higher. But subtract only the sale of that one Ferrari and the drop in sales is noticeable. Lately we have seen a hot market for the highest of high end cars and the entry level hobbyist car, priced under $50,000 seem sturdy. But prices creeping over $250,000 are seeing some turbulence. We translate that to mean that the deep pockets have plenty of room in their garages but aren’t rushing to put just “anything” in the stall. The auctions from January 2018 also has a stalling effect so we suspect that the stall want change much through next year’s kick off auctions during Arizona week.

And the Bonham’s sale is probably just the first of many ownership changes in the works among the auction houses. Subscribe and stay tuned for more fiscal shake ups

What do you think?

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Ferrari 250 GTO 1962 – Most Expensive Car

You might have read that this 1962 Ferrari 250 GTO is the most expensive car. Well that is partially right and partially wrong. The world of classic cars is engulfed with superbs and anecdotes, with a large dose of hyperbole thrown in. Read closely to understand more about the Ferrari 250 GTO.Ferrari 250 GTO Driver's Side

Ferrari 250 GTO – Most Expensive

Let’s cut to the chase. This specific model of the 1962 Ferrari 250 GTO by Scaglietti as of now is the most expensive car ever bought at a public auction. Period. Now as we previously covered, there is another Ferrari 250 GTO that is generally thought to be the most expensive car purchased but it was a private sale and the exact details are not a public record-yet.

Ferrari 250 GTO – In Demand

So many might ask what causes these models to be so expensive. Well like many classic cars, price is determined by rarity and provenance or background. The Ferrari 250’s are in demand because they are rare with only 36 made in various versions and iterations. Plus these cars were specifically designed and intended for racing. Ferrari 250 GTO Rear view

Ferrari 250 GTO – Racing History

The Ferrari 250 GTO was designed in a wind tunnel to compete for the International Championship for GT Manufacturers.  The hood was lowered and the windshield raked back for better aerodynamics.  This specific car won the 1962 Italian GT Championship and won several class first place finishes between 1962-1965. It last raced in manufacturers racers in 1965 when it won the Redex Trophy at Brands Hatch.  Though it then continued racing in smaller club races and changed hands often.  Strange that these beasts were raced extensively and yet all survived and are accounted for.

Ferrari 250 GTO – Vintage

The race car was entered into numerous vintage races over the years. Eventually Dr, Gregory Whitten in 2000 purchased the car. Whitten is able to collect vintage historic collector cars as he was an early employee at Microsoft and was their chief software architect.

Ferrari 250 GTO- Condition

It is interesting to note that this race car came with the original engine, already pulled and preserved for historic purposes and fitted with an additional 250 GT engine block (V-12 with 3 liter displacement producing 300 HP) that was upgraded to GTO specs.Ferrari 250 GTO V-12

Ferrari 250 GTO – Sold

At the Monterey Auction for RM Sotheby’s the car sold for $48,405,000 (including commission) after an opening bid of $35 million. In ten minutes it was gaveled sold to an undisclosed buyer.  Allegedly Whitten had bought it for less than $5 million, proving that his doctorate degree in Mathematics from Harvard wasn’t a fluke!

Photos courtesy of RM Sotheby’s

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Nonsense All Purpose Cleaner from Chemical Guys

            Car owners realize that keeping their car clean is important but sometimes life gets in the way. Before you know it, a car interior can get grungy. But it is amazing how simple it can be to bring a car’s interior back to prime looks. A useful all purpose cleaner is Nonsense from Chemical Guys.Bottle of Nonsense All Purpose Cleaner

Nonsense

            I have been a huge fan and user of Nonsense ever since the main guy behind Chemical Guys recommended it to me. It comes full strength and I usually get great results diluted to a 10:1 ratio. Nonsense pulls up the grime, leaves no sticky residue and doesn’t engulf the air with perfume odors. We love that it just does the job and gets great results.

Nonsense to the Test

            These seats on a 2007 Toyota Camry are a soft fabric, but the light gray coloring will attract dirt quickly. I was wondering if the dirt was ground in too much, so I did a test strip first. A simple spray of the cloth, followed by a brisk scrubbing with a hand held brush and the results showed up! Dirty Car Seat Half Cleaned with Nonsense

A few more minutes of scrubbing and the whole car seat came back to new. I especially like the fact that the cloth maintained the original feel and shape with no soapy residue left behind.Cleaned with Nonsense Close Up

Nonsense from Chemical Guys

            Nonsense is part of a complete set of boutique car detailing products offered by Chemical Guys. You can also get it at their franchised retail stores- Detail Garage. It works on a variety of stains and never lets me down. For a super tough stain you could amp up the dilution level but 10:1 seems to be the perfect stain removal solution for me. Try some and let us know what you think!Cleaned with Nonsense Extreme Close Up of Cloth

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Most Expensive Classic Car -Ferrari 259 GTO

Records are meant to be broken and in the world of classic cars and tons of money, the records fall quickly.  For a spell this 1936 Bugatti Type 57 SC Atlantic was thought to be the most expensive car. It is owned by Rob Walton (yes of the Wal-Mart Walton’s) and allegedly sold for $40 million dollars in 2010.1936 Bugatti

1936 Bugatti

We had the chance to see it up close and in person at a local Concours show and it certainly was a classic. But like we say, records fall fast around classic cars. It had the reputation as being the most expensive car ever sold.  It is a ‘reported” price as it was a private sale and not subject to any public certification or event. A co-owner is listed as Peter Mullin who runs the Mullin Automotive Museum. It is a featured car at the museum when not in shows.1936 Bugatti Front

 

1963 Ferrari 250 GTO

Earlier this year that record for most expensive car was shattered, again “reportedly”, when a 1963 Ferrari 250 GTO was sold for $70 million in a private sale. It was bought by David McNeal who founded WeatherTech- the rubber mat company. This Ferrari has a great racing pedigree, including coming in fourth at 24 Hours of Le Mans in 1963 and won the Tour de France course in 1964.Ferrari 250 GTO

 

1962 Ferrari 250 GTO

Next up? Potentially this red 1962 Ferrari 250 GTO .  It is offered up at the Monterrey Auction by RM Sotheby’s with an estimated price tag of between $60-45million, which is quite a range. Now auction houses are now for hyperbole but they probably have nailed the low end for this Ferrari.1962 ferrari 250 gto

Only 36 GTO’s were built, so this becomes a pretty exclusive car. It also has a good racing pedigree and was one of four upgraded by Scaglietti with the Series II coachwork, which features a wider aerodynamic body. the new bodywork lowered the car, crafted a better balanced car and allowed for better handling on the road courses.  Interestingly the original engine was removed from the car and preserved with a different 250 GT block presently in the car. So an owner could drive the red racer and still have the original engine for history and originality.

Will it exceed $60 Million? Hard to say but the scarcity of the Ferrari’s suggest that some company stock might be sold off to allow for a new car in somebody’s stable.

Some photos courtesy of RM Sotheby’s

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Drag-U-La Selling at Russo and Steele

If you are a certain age, you’ll remember the TV hit- The Munsters. This comedy featured some famous bits and even some neater cars, like the Drag-U-La. It seems strange that the producers would allow purpose built cars that would last for only a few episodes. But we’re glad they did.DragULa Front End

Drag-U-La

The story line was that Grandpa had to build a dragster to race and win back Herman’s “The Munster Koach”. So Hollywood had George Barris produce the car/casket vehicle. While Barris has been known for claiming credit for builds that are barely linked to his firm, this one was designed by Tom Daniel under his auspices. Richard Korkes took on the build and used an actual coffin for the “body”.

The original car moved among sellers after the series and a movie ended. At one point it was owned by Planet Hollywood. The Volo Car Museum had it for a while before flipping it. By then it had a 302 engine and an automatic transmission.DragULa Passenger Side Close Up

Drag-U-La Recreation

So why are we talking about a custom car from the 60’s? Because auction house Russo and Steele has a recreation of the Drag-U-La on their docket for this weekend. We had a chance to part the crowds at a recent Cars and Coffee and check it out on the flat bed tow truck.

Drag-U-La’s Design

This version has the reliable 350 ci engine and a two speed PowerGlide automatic transmission. With such little weight, only functional rear brakes were installed. Just like the original, the exhaust pipes sweep up to look like a church’s organ pipes. The seller claims plenty of “vintage” car parts but also indicates the have “custom made vintage air cleaner”.DragULa Passenger Front

This front engine coffin will certainly be a crowd pleaser when you pull up, but the single seat does limit the ability to hop onto the HOV lanes. Hopefully this is a car you would “die for?”

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Gas Monkey Garage at Barrett-Jackson Auction Scottsdale 2018

Gas Monkey Garage at Barrett-Jackson Car Auction

At this week’s Barrett-Jackson Car Auction, the presence of Gas Monkey Garage is sparse. A 56 Nomad done for Mountain Dew and Dale Earnhardt Jr. in a can’t miss green and silver color scheme is the most obvious car linked to the Gas Monkey Garage crew.Gas Monkey Garage 1956 Nomad Side View

Gas Monkey Garage

For a spell the bar outside the auction stage was a Gas Monkey Garage theme, but that has dropped out. I suspect that Richard Rawlings might show up since he’s selling his 2016 Shelby Mustang GT350R with only a scant 200 miles clicked on the odometer. But who knows for sure? That Mustang is slated to sell on Friday.

Gas Monkey Garage Past Offerings

We’ve kept a close eye on Gas Monkey garage’s offerings even before the series became a monster hit.  Remember this hot rod from the early years?

As for the Nomad, who wouldn’t remember that bright green custom wagon? The current owner has a neat set of sunshades on the rear windows. Gas Monkey Garage 1956 Nomad Rear Window ShadeThe wagon has a 350 CI Chevy ZZ4 crate motor, TH350 automatic transmission, air conditioning and all the trick goodies. This video shows the wagon in action.

Gas Monkey Garage Season 4 Fast N’ Loud

Gas Monkey Garage built the car in 2013 during their fourth season on Discovery and of course they had an impossible deadline to beat. This car was used as a promotion for Mountain Dew, one of Earnhardt’s sponsors and hence the color on the 56 Nomad. Of course fans of Richard Rawlings know that his favorite color is green. Both for cars and for money.Gas Monkey Garage 1956 Nomad Passenger Side 2

The car had previously been offered for sale on eBay at $78,500 nearly four years ago. It also was offered on the internet at $69,500. So it will be interesting to see what the car fetches on prime time Saturday. Any guesses?

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1966 Shelby Mustang GT350 Sells Soon

GT350 Mustang

We recently wrote on another site about the revival of the 1965 Shelby Mustang GT350R. At next week’s Barrett-Jackson Car Auction, a 1966 Shelby GT350 is being offered for sale with a reserve. Few cars at the Barrett-Jackson auction come with reserves, but this one does. the car will cross the stage on Saturday, January 20, 2018 in Scottsdale, AZ. That is prime time for selling car during the week of auctions in Arizona.GT350 front end

Reserve Auction

With a reserve car, the seller has a predetermined price that he wants to get and otherwise it won’t sell. Now that price is unknown to the potential buyers normally, so if the reserve is met, the bidders know for sure the car will sell and often more bidders will enter the auction. And if the price, doesn’t reach to the reserve? You can bet the house representatives will get with the seller trying to get him to lower the reserve and make a deal (and of course get the house the commission).GT350 left rear

GT350 Prototype

What makes this special is it was Carroll Shelby’s first 66 Mustang and was used as a prototype. Of course it came with a 289 and the Borg Warner T-10 four speed. But it also bears some unique features. It comes with a vinyl roof that was considered and then discarded as a feature. Good call Carroll. It came from the factory with a ton of options including the “Pony” upholstery. Restored in 2011 and has been shown at Pebble Beach.GT350 vinyl roof

The pedigree of this Mustang is above reproach and it will be interesting to see how the bidding goes on this Wimbledon White “K” code two door pony. After all you can only have one #1 serial number and prototype in the year. So what would you bid for the car? A million plus? Will it reach reserve? I’d be willing to bet it will.GT350

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Cars and Coffee Explodes in Scottsdale

Okay it didn’t like explode and cause a mess. But the Cars and Coffee monthly show held in “Scottsdale” is growing every month. They outgrew their previous location and moved to an even larger parking lot at Scottsdale Road and Mayo Boulevard. (It’s actually in Phoenix but old habits are hard to shake).Cars and Coffee

Cars and Coffee Selection

They have always had a large showing of exotics and high-end cars. So of course a new Ford GT will be there. Cars and Coffee Ford GTAnd a LaFerrari is at home at this show as well. But there are always plenty of classic iron to enjoy, like this split window Corvette.Cars and Coffee Split Window 63 Corvette

The folks that put this on do it as a labor of love. Lots of volunteers are in place along with a few paid security forces. The crowd is respectful and the mood is always friendly and inviting. Got a Dave Kindig built Nomad? Bring it. Want to bring out a nice truck, they always have room.Cars and Coffee Dave Kindig Build

Cars and Coffee Monthly Show

So if you are coming out for some winter warmth and relaxation, remember the first Saturday of the month cars and Coffee is held “near” Scottsdale! Otherwise keep an eye out for our updates and twitter postings.

Honda’s Minnie Van Is Pink Cuteness

Okay I’ll admit it.  I like cute.  And sometimes a car comes along that is just darn cute.  The folks at Honda put some sugar on their new 2018 Honda Odyssey van and overdosed on cuteness.  Throw in a tribute to Disney and bam you have total cuteness to the nth degree. Thanks to their Minnie Van

Honda Minnie Van

Minnie Van

Each year Disney fans gather for the Disney D23 Expo.  Think of it as Comic Con for Disney fans.  So Honda crafted a Minnie Van that they displayed at the show.  Of course a Minnie creation had to be in pink polka dots and sport some ears and a sporty bow.

Honda Odyssey Minnie Van

The new Honda Odyssey matches well with the target audience of soccer moms and dads needing to haul a bunch of tykes to here and there.  The new 2018 version builds on the best selling minivan in America and is made in the USA. The Odyssey has been the top selling van for the past seven years and this new build increases the ride and looks of the minivan segment.

Honda Minnie Van Front

So my guess is the Minnie Van will be making the rounds around the country, putting some smiles on lots of faces and maybe a Mickey van will soon appear?

 

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SEMA Collector Car Appreciation Day Is Today

Any day is a good day to drive a classic car, but Friday July 14th will be exceptionally good.  That is the day that SEMA will celebrate their annual Collector Car Appreciation Day.  This will mark the eighth year that SEMA seeks to acknowledge the vital impact classic cars and their owners contribute to America.

The US Senate has passed resolutions noting the collector car  celebratory day each year.  SEMA is encouraging collector car owners to set up special cruises or events to mark this day (or even the whole month of July, since many might not be able to participate on a workday.)

So expect an interesting view in the employee parking lots this Friday.  And if you don’t have a classic to drive consider these three iconic cars. They’ll always be popular and cool

32 Ford Deuce

The truly iconic looking roadster has been celebrated on US stamps and is an eye catcher, although driving “topless’ in July’s heat may not be the best choice. A roadster by definition has no top and no side windows.  It was designed to be fast and look cool. Mission accomplished. 

Corvette convertible

Hard to go wrong with any year of America’s sportscar.  To down weather is here and the Corvette’s are meant for the open road.

 

57 Chevy

57 Chevy post
1957 2 door sedan

The display of chrome and sharp angles is a classic look for the late 50’s and reflects our interest in the upcoming Space Age.  The 1957 model was the last year of the “tri-five” Chevys and some might say it was the best of all three years. There are always a ready supply of parts for these Chevys and plenty of reference materials. Plus restored vehicles are readily available.

Some may say that any day is a good day to drive a classic.  Plus driving these cars are good for them and you!  So take a cruise in a classic today and everyday!

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