If you plan to be in New York City on November 13 and have easy access to about $60 million, why not take a chance bidding on a one-of-one Ferrari? The RM Sotheby’s Modern and Contemporary Art auction will offer a 1962 Ferrari 250 GTO that’s also known as the 330 LM. The car was built to suit a new race class at the time, which allowed replacing the 25 GTO’s 3.0-liter V12 with a more powerful 4.0-liter. Ferrari kept this special GTO for its own Scuderia Ferrari race team. Will this car surpass the reported $70 million a private collector paid for a 250 GTO in 2018? We shall see on November 13.
Has inflation taken a bite out of the exotic car market? Premier Financial Services Midwest Regional Sales Manager Ross Dressel has seen a dip in activity in the $200K-$500K heart of that segment. But meanwhile, “affordable” pre-owned exotics and classics in the $75K-$200K range are getting more action for America’s #1 exotic and classic car lease financing provider. Who’s up? Who’s down? Read here to find out.
Just a few months after unveiling its new DB12 “super tourer” coupe, Aston Martin has introduced the convertible version, called Volante. The British automaker first used the Volante name on a special run of 37 DB5 convertibles in 1965 and has used it on its convertibles since. The name is Italian for ‘flying’ or ‘moving lightly and quickly.’ The 671-horsepower DB12 Volante can certainly do that. The newest Aston Martin would seem to have just two direct rivals, the Ferrari Roma Spider and Bentley Continental GTC. Which would you choose?
Aston Martin bills its new DB12 grand tourer as a “super tourer” because, the British automaker says, “grand is not enough” to describe the DB11’s successor. Marketing fluff aside, the new DB12 appears to be a super new entry into a segment where its closest rival is the Ferrari Roma. The overall look will be familiar to Aston fans, and the interior steps up to a “super” level of grand touring luxury and tech. The Mercedes-AMG twin-turbo V8 gets a boost to a very super 671 horsepower, easily exceeding the DB11’s V8 and V12. Customer deliveries start in fall.
The exciting effect of being surrounded by amazing cars and competitive bidders might have lead to Monterey sales taking in $343 Million.
Jaguar is showing a willingness to spend considerable sums to possess the ultimate rendition of heritage: a continuation car of the Jaguar D-Type. That is, an actual model from the past, built just as it was when new, with no modern updates.