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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

There's an 820-hp Aston Martin Vulcan heading to auction

Aston Martin only made 24 examples of its track-only Vulcan, all of which sold out in the blink of an eye. Owners were personally invited by the automaker to purchase the supercar and had to shell out $2.3 million for the pleasure of owning one. Since the vehicle's debut last year, only one Vulcan has gone on sale in the US. And that one carried a hefty price tag of $3.4 million. But now, there's another Vulcan for sale and it's very, very purple. This gorgeous example is number 11 out of 24. There's no mention of how many miles it has covered or why the owner is selling it, but this is a rare opportunity to own one of the most visceral supercars ever. The supercar is heading to Mecum's Monterey auction in August and while it should go for more than its original price tag, there's no price estimate available. Potential buyers should know that the Vulcan is a track-only machine – a British motorsports engineering company can convert the car for road use – built in partnership with Aston Martin's racing team. The Vulcan gets its power from a 7.0-liter V12 that generates 820 horsepower, and the rest of the vehicle is just as hardcore. Related Video:

Aston Martin Vantage V12 Zagato goes back into limited production

To celebrate the 50th Anniversary of the Aston Martin DB4 GT Zagato in 2011, Aston Martin worked with Zagato Milano to create the Vantage V12 Zagato. Aston Martin made 101 of the special editions, available only as a coupe. This year, to celebrate the 100th anniversary of the Milanese design house, Swiss motorsport company AF Racing has commissioned 38 examples of the Vantage V12 Zagato, consisting of 19 coupes and 19 roadsters. The official name of the redux is Aston Martin Vantage V12 Zagato Heritage TWINS by R-Reforged. When Aston Martin originally announced production they planned to build 150 units, but for unknown reasons that number fell to 101 units. Since no specs have been mentioned, our guess is that the 6.0-liter V12 with 510 horsepower and 420 pound-feet of torque goes unchanged. As far as we can tell, the only differences between these new versions and the previous builds is that the coupe omits the rear spoiler, there's a wider selection of colors, and you can alternatively choose to take the top off. As for the entities behind this, the press release lays out a web of connections we're not totally clear on. The relevant matters are that AF Racing is a Swiss motorsport company that's a project partner on the Aston Martin Valkyrie, and it has a sub-brand called R-Reforged devoted to production-car projects. AF Racing owns a subsidiary in Germany called Vynamic that oversees four Aston Martin Vantage race cars competing in the German DTM Series. Vynamic will actually build the new V12 Zagatos. The rest of the tangled web doesn't matter. AF Racing says deliveries of the new coupes and speedsters will commence at the end of this year. No price has been mentioned, but the original coupes went for 330,000 pounds at the time, which would be $429,000 right now, and probably a good place to start.