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Lamborghini has already pre-sold 700 Huracans

It's barely been two months since Lamborghini revealed the new Huracan. The latest ten-cylinder Raging Bull hasn't even had its public debut yet, scheduled to take place next month at the Geneva Motor Show (the same show where McLaren will reveal its new 650S and Ferrari the revised California T). But the Bolognese automaker has already managed to take a whopping 700 orders for the new supercar.
Not that the customers are waving their checkbooks sight unseen, mind you. Over the course of the past month, Lamborghini has been carting pre-production Huracans around the world for VIP clients, 700 of whom have put down their deposits.
To put that number into perspective, consider that in 2012 (the last full year of production), the factory in Sant'Agata built just over 1,200 Gallardos. Assuming Huracan production continues at the same pace, that means Lamborghini already has over half a year's worth of production spoken for. So if you want to get yours anytime in the coming year, you'd better get your deposit in lickety-split.

1933 Duesenberg tops Mecum Auctions' Monterey results at $3,850,000

Mecum Auctions had three Duesenbergs on offer at the Monterey Car Week's auction event, and the most valuable of the three was the achingly beautiful, one-of-one Bohman and Schwartz-built Model J Disappearing-Top Roadster in white over red, for $3,850,000. Duesenberg reportedly utilized as many as 32 coachbuilders to build custom Model Js, and this one with Hollywood history is unique thanks to its bodywork. In comparison, a 1929 Murphy-bodied Model J Convertible Sedan brought in "just" $1,155,000. The second highest price in Mecum results was achieved by a practically undriven, 307-mile 2014 Ferrari LaFerrari. The Rosso Corsa example slotted in neatly compared to its $3,000,000 to $3,300,000 estimate, finishing at $3,190,000. Another LaFerrari, a yellow one with 419 miles, remained unsold at $3,200,000. Number three is also a Ferrari, an Enzo at that. The 3,150-mile 2003 Enzo, in red over red, finished at $2,860,000. After a string of street cars, the fourth highest Mecum auction price was achieved by the 1989 Daytona 24 Hours, 1989 Palm Beach Grand Prix and 1989 Porsche Cup USA winning Porsche 962. The list of drivers with stints behind the Busby Racing 962's wheel is impressive reading: Derek Bell, John Andretti, Mauro Baldi, Jochen Mass and Brian Redman just to mention a few. Chassis 962-108 had the honor of claiming the 50 th win for a 962 in international competition, at Daytona 24 Hours, and that victory was also Derek Bell's final 24-hour endurance win. As Mecum notes, Bell has called this 962 as his favorite Group C Porsche. It has been in collector hands since 1989, and the selling price reached $2,200,000. The fifth car is a very significant Lamborghini Miura: an unrestored original with its factory coat of red, it is the second Miura P400S model built, and the earliest known S survivor. It has just 28,613 miles on its odometer, and it still wears the Pirelli Cinturatos it was given at the factory. Among all Miuras, this 1969 car is certainly a unicorn, and as a result it sold for $1,155,000. The rest of the top 10 sellers from the Mecum auction follow: 1929 Duesenberg Model J Murphy Convertible Sedan, $1,155,000 2012 Dallara DW12 Honda Indy Car, $1,127,500 2017 Ferrari F12tdf Coupe, $1,045,000 1936 Auburn 852 Supercharged Speedster, $1,017,500 1973 Ferrari 365 GTB/4 Daytona Coupe, $825,000 Related Video: Featured Gallery Mecum Auctions Monterey 2018 View 10 Photos News Source: Mecum AuctionsImage Credit: Mecum Auctions Misc.

BMW Z8, Lambo LM002 sell for $192,500 apiece in Detroit [w/poll]

Think a car are a bad investment? That all depends on what kind of car you're talking about. Because while most cars depreciate in value as soon as you drive them off the lot, others can do even better than hold their value. The cars that appreciate tend to be pretty high-end exotics, but they don't have to be multi-million-dollar classics to command a premium at auction. Just look at the results from RM Sotheby's Motor City sale in Detroit this past weekend. The auction house moved a solid $7.4 million worth of metal, which is pretty impressive when you consider that – unlike events at Lake Como or Pebble Beach – not one of the lots dipped into seven figures. 1930s-era American classics performed the strongest, with Duesenbergs, Packards, Auburns and the like all fetching hundreds of thousands. But what intrigued us most were the European exotics that rounded the top ten results. Amidst the Depression-era American steel were a BMW Z8 from 2001 and a 1988 Lamborghini LM002, each of which sold for an equal $192,500. Hardly the highest figures paid for European exotics this year, but considering how much they were worth just a few years ago, they've proven solid investments. BMW only made 5,703 examples of the Henrik Fisker-designed retro Z8, of which only 2,543 were brought to the United States, where they originally sold for $128,000. The most anyone had ever paid for one at auction, according to Sports Car Market, was $184,082, just this past March at Silverstone. That makes the price achieved this weekend a new record for one of the slinkiest vehicles the Bavarian automaker has ever made, representing an impressive 50-percent increase in value over the course of fourteen years. This particular example – chassis WBAEJ13481AH60437 for those keeping track – is decked out in silver over black, with less than 15,500 miles on the odometer. This Rambo Lambo was produced early in the 301-unit production run, with the sought-after carbureted engine and 32,000 miles on the clock. It didn't set any records at the same price, other examples of the LM002 having traded over the past few years for over $200k. But considering that Sant'Agata originally charged around $120-130k for the SUV when it was new, its selling price still represents about 50-percent appreciation (leaving inflation aside).