Superleggera! Only 5,388 Miles! Factory Authorized Dealer! Factory Warranty! on 2040-cars

Auto blog

$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

Dusty Lamborghini Countach uncovered after decades

Check the attic carefully, because your grandparents might have an Italian supercar hidden in plain sight. That seems to be the case with this Reddit user — who goes by the name egriegin — when she posted a photo of one very dusty Lamborghini Countach, along with the intriguing headline, "Despite the dust and rust, grandma's 1981 Lamborghini Countach is the coolest." So what's the story? Well, don't get too excited, because the car is not for sale (yet). According to the Reddit poster, this Countach was purchased by her grandfather in 1989 to be used in his exotic car rental company. "But after insurance costs became too high for him to operate the company," she explains, "he kept the car (and many others including the Ferrari 308 in front of the Lambo) outside/in leaky garages for 20+ years instead of selling them. Don't ask me why, I have no clue." Another news outlet reported the car as a "barn find," though the original poster quickly pointed out the car had never been forgotten, just left to sit for a long time. "Let's clear some things up: these aren't my cars and never will be, they're not for sale (yet)," wrote egriegin. "They've been in this garage for less than 15 years and everyone's known they were there, so not really a "barn find."" So if you're in the market for Lamborghini Countach in need of a little TLC — and one very good dusting — it seems your online search will have to continue. Related Video:

2006 Lamborghini Concept S split-cockpit Gallardo heads to auction yet again

Many Lamborghini concepts are completely wild, but the 2006 Lamborghini Concept S is unique in that it's totally wild but also somewhat practical. The practical part comes from the fact that it's effectively a Lamborghini Gallardo, but with a split cockpit and speedster shape. According to RM Sotheby's, which is selling the car, there were plans to build 100 of them for special customers, but that never happened. So this is your only chance to own this speedster. The concept's Gallardo bones are obvious. Most of the lower body is the same as a production Gallardo, with slightly different grille openings. But the complete lack of a roof, the vestigial nubs of windscreens and angular roll hoops transform the car. From the side, it's about the wedge-iest Lamborghini of all time. The split cockpit is also extreme, and it's accomplished by placing a beam between the driver and passenger seats. Mechanically, it's about the same as a regular Gallardo. In the middle is a V10 bumped up to 520 horsepower coupled to the Gallardo's E-Gear automated manual transmission and all-wheel drive. It would have been cool if Lamborghini had fitted the regular six-speed manual and its lovely gated shifter, but we suppose they didn't want drivers whacking their hands and arms into that center beam to shift. This car has less than 125 miles on the clock, which is remarkable, if also a little sad. It has also been shown at Pebble Beach twice. No price estimate has been given, though when RM Sotheby's offered at an auction in 2015, the company expected upwards of $3 million for the car. It goes across the block at the RM Sotheby's Abu Dhabi auction on November 30.