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$1.3B worth of classic cars were auctioned in 2014

The collector auto market in the US just continues to expand with the values of vehicles seemingly only growing in the past years, especially if they have a prancing horse on the hood. This year was no different. According to data compiled by classic car insurance agency Hagerty, there were about $1.3 billion worth of vintage rides auctioned in North America in 2014, up just slightly from $1.2 billion crossing the block in 2013. If you want an idea of just how big a role the Monterey Car Week plays in the North American collector hobby, Hagerty's stats illustrate it perfectly. The company recorded $430 million in auction sales during the week – about a third of the entire market for the year. The event also hosted the biggest seller of 2014 when the hammer fell on a 1962 Ferrari 250 GTO (pictured above) for $38.115 million at Bonhams. In fact, vintage Ferraris in general were among the top buys in the classic auto world in 2014. Eight of the ten most expensive vehicles sold at auction were Prancing Horses (the other two were Ford GT40s). Also, the insurance company's price index for these Italian stallions showed a 43-percent gain in value for the year. The market for another Italian supercar is exploding, as well. The Lamborghini Countach showed a staggering 175-percent growth in auction value in 2014. According to Hagerty, the average price when they crossed the block was $736,599. Judging by Hagerty's numbers, there were still some places to look for those hoping to spend a bit less money. The Aston Martin Lagonda showed a strong gain in value with a 32-percent increase in auction price, but they still averaged $47,078. In addition, the company's index for '50s American cars showed only one-percent growth for these classics. These huge leaps in collector car value might be winding down, according to Hagerty. It predicts growth in the market to slow to an estimated five percent gain in 2015. Maybe a few of these classics might actually become a bit more affordable to fans without such deep pockets sometime in the future. Featured Gallery Bonhams Maranello Rosso Collection: Monterey 2014 View 21 Photos News Source: HagertyImage Credit: Copyright 2014 Drew Phillips / AOL Aston Martin Ferrari Lamborghini Auctions Car Buying Performance Classics aston martin lagonda ferrari 250 gto Lamborghini Countach collector cars 1962 ferrari 250 gto auto auction

Supercar parade entering highway is mesmerizing

In what must have looked and sounded to motorists on the M6 like an invasion of The Swarm, a parade of 50 enthusiast gems leaving a charity event were caught shooting down the on-ramp and merging into traffic. There were plenty of Porsches joining the 959 and Ducktail above, Aston Martins going back to the badboy V8 of the last millennium, a Ferrari Testarossa, a TVR and numerous other Easter eggs.
There were not, however, plenty of turn signals, with someone counting just five among the fifty engaging in proper use of the blinker. One reason put forth for that is the same reason we're posting this video, which is from last Summer, below: "because supercar." Enjoy.

Aston Martin 'Goldfinger' DB5 continuation cars' gadgets revealed

Awhile back, Aston Martin announced that it would create some Aston Martin DB5 sports cars that replicate James Bond's car in the movie "Goldfinger." What really got our attention was that Aston Martin intended to give it functional gadgets. The company has finally provided a list of the details it intends to replicate, along with some samples of progress, and it's all quite impressive. The list of functional or semi-functional gadgets that will be included is extensive. About the only thing that won't operate is the passenger ejector seat, which is completely understandable. Otherwise, the car will have rotating license plates, extending bumper rams, an oil slick system, smoke screen generator a simulated radar screen in the center stack, switches under the armrest and shift knob and a weapons storage tray under the seats. Under the semi-functional list are the machine guns and raising bullet shield. We say semi-functional because the machine guns don't actually fire anything, and we doubt the bullet shield should be put to the test. The company also released video showing the progress on the smoke screen, oil slick and machine guns. The oil slick is easily the most impressive, as the dispenser deploys from behind the taillight and sprays in the same fan pattern from the movie. And it very clearly will spray liquid, though actual oil spray is probably inadvisable in real life. The machine gun, while not actually firing shots, is still impressive to see. It deploys from behind the turn signals, and it lights up and recoils in a very convincing manner. The smoke screen is less impressive after all this, but it still looks true to the movie, since it appears it will send smoke out the tailpipe. This car is turning out to be the ultimate piece of Bond memorabilia with its shockingly realistic and well-integrated gadgets. So we're inclined to agree with our West Coast Editor and resident Bond expert James Riswick that this is totally worth the 2.75 million pound price tag. And if you don't agree, you may find the Lego DB5 model more acceptable.