2005 Pontiac Gto Base Coupe 2-door 6.0l on 2040-cars

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'We're not a hedge fund': Porsche plans to curtail speculators and flippers

A sizable number of speculators view cars as an investment. Rare or unusual models are quickly snapped up and either parked for years or flipped for a profit. Cars from automakers like Porsche and Ferrari are more prone than others, and at least some people behind these models are getting a bit tired of it. While it's difficult to police what goes on after you sell a car, Porsche has some plans that might curtail the problem before it starts. Andreas Preuninger, the head of GT road-car development and the man behind the new 911 GT3, spoke to Car and Driver at a recent event. "I personally like to see my cars being used," he said. "That's what we build them for. They are just too good to be left to stand and collect dust." One recent example of this rampant speculation is the 911 R. While the special manual-only model sold for $185,950 when new, used versions were selling for nearly $1.3 million just months after it went on sale. While the car is a masterpiece and an instant classic, a good number will be parked and simply used as art and not the rolling testaments to the man/machine interface they were intended to be. The concern over valuations has become so fierce that some owners are upset that Porsche is offering the new 911 GT3 with a manual transmission, fearing that it may hurt the value of the 911 R. "When I said we're not a hedge fund, I'm talking to those people who are yelling at us for offering the manual transmission similar to the R," Preuninger said. "But if there are people wanting to buy cars like that, then as a company we should try to fulfill that, to meet that demand." It seems Porsche is keeping a close eye on who is flipping cars. Since there is often far more demand than supply with certain models, the German automaker has a name for every car before it's built. Buyers with bad reputations might not even make the wait list. Related Video:

Junkyard Gem: 1992 Pontiac Sunbird convertible, with extremely rad W25 Appearance Package

Radwood has sparked a revival in the appreciation of goofy 1980s and 1980s automotive fashions, from neon-colored tape stripes to excessive TURBO badging to ads featuring horrifying Nagel-style women with radio faceplates instead of eyes. I see a lot of discarded cars that would have been ideal to bring to Radwood, and today's Junkyard Gem is even radder than, say, a purple Mercury Tracer Trio or a teal Chevy Beretta GT or even the elusive Dodge Daytona IROC R/T (yes, there were IROC Daytonas): a genuine Pontiac Sunbird SE convertible with the W25 Appearance Package and Bright White Star wheels. The W25 package got you a white Sunbird with kicky script badging, white wheels, and — if you opted for the optional 3.1-liter V6 — these candy-cane-influenced red-and-white displacement badges on the fenders. Now this is rad! The white interior got dirty fast, especially if the owner left the convertible top down, and these wheels were tough to keep clean for more than a few hours. This one appears to have spent many years sitting abandoned with the top down, judging by the completely trashed interior. The base engine for 1992 was the good old Cavalier four-banger, complete with 111 horsepower. This 3.1-liter engine made a respectable-for-1992 140 horses, for plenty of torque-steery, tire-squealy fun. As a J-Body car, the Sunbird was a sibling to the Chevrolet Cavalier in 1992 (the J-based Cadillac Cimarron, Oldsmobile Firenza, and Buick Skyhawk departed before the end of the 1980s). Starting in 1994, the Pontiac Sunfire replaced the Sunbird, continuing in production all the way through the demise of the J platform in 2005. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Where (in Canada) would you test-drive your Sunbird? Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Detroit City Council vetoes Autorama stunt, objects to Confederate flag

Detroit's Autorama hot rod show will stage its 67th annual event next month, and wants to kick off with Burt Reynolds tribute. The plan is to re-create the Mulberry Bridge jump from " Smokey and the Bandit" using a movie-correct 1977 Pontiac Trans Am. But the Detroit City Council voted 7-1 to prohibit the jump. Why? Because the Trans Am's front license plate holder displays the former Georgia state flag, a portion of which is the Confederate national flag, and the city council doesn't like that. In the movie, Bo "Bandit" Darville was a Georgia driving legend, and the flag on the car was Georgia's flag at the time. Councilman Scott Benson laid out the council's position when he said that the car "still proudly flies a Confederate flag, which is a symbol of oppression, slavery, as well as home-bred American terrorism. So this body said we are not going to support that type of symbolism nor the audacity to support that type of activity in the city of Detroit." It seems part of the council's ire comes from the same event two years ago. A stunt group called the Northeast Ohio Dukes re-created a "Dukes of Hazzard" jump in 2017 using a series-correct 1969 Dodge Charger, complete with a Confederate flag on the roof. Benson said the stunt group "expressly said they would not display that [Confederate flag] symbol during the jump." Not only was it displayed, but when driver Raymond Kohn gave interviews after the jump, his driving suit featured the Stainless Banner on the collar. Seems the council has been grinding its axe in silence for two years. Now Benson accuses Autorama of "a history of supporting images and symbols of racism, oppression, and white supremacy." Autorama is certain to take place March 1-3 at Cobo Center. This year's show will have around 800 cars on display, along with a special exhibit of 17 low riders and a Batmobile built by Flint native Carl Casper. Even if the Bandit car doesn't make the jump, the Trans Am and other memorabilia from the film will be there. A spokeswoman for Autorama said, "We are continuing to work to try to resolve this with the city." Related Video: News Source: Detroit News Auto News Government/Legal TV/Movies Pontiac Convertible Classics Detroit pontiac trans am smokey and the bandit