January kicked off collector-car auction season with a big bang and big dollars. Following Mecum’s $275M haul in Kissimmee, Florida mid-month, the traditional Arizona auctions added about $245M more to the tally, with $200M of that from Barrett-Jackson’s no-reserve sale in Scottsdale. Bonhams, though, had the highest-priced auction sale in Arizona, with $5.175M buying a Bugatti Chiron Super Sport 300+ (as in 300+ mph test-track capability) for a car with just Bugatti’s test and delivery miles.
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.
You can’t get a manual transmission from Ferrari or Lamborghini today, but collectors are willing to pay hefty premiums for their last stick-shift models. This trend specifically applies to the cars that offered the choice between the real manual and the “robotized” manual, which Ferrari called F1 and Lamborghini called E-Gear. Today, a Ferrari F430 with the stick-shift can command a 100% premium over the F1 model. Some independent shops are even providing conversions back to full manual transmissions. Is that a wise purchase?
BMW’s Z8 is the kind of car that many wish BMW would build again. Two of those cars – a standard BMW Z8 and the Alpina version, called the BMW Alpina Roadster V8 – recently sold earlier this month at RM Sotheby’s Miami auction. Offered by two different owners, and both with under 23,000 miles, each car sold for exactly the same price: $229,600. Read the backstory on the Z8 and the Alpina Roadster.
Monterey Car Week 2022, including the Pebble Beach Concours d’ Elegance®, is just days away, and our regional sales managers have made their annual “Cars to Watch” selections, covering a broad range of classic vehicles. Their picks include a 1995 Ferrari F50 (pre-sale estimate of $4.5 – $5.5 Million); a 2010 Porsche 911 GT3 RS 3.8 ($250K – $300K); and even a 1962 Volkswagen Type 2 Deluxe Microbus ($140K – $180K). Perhaps some of your favorites are among their picks.
The automotive world may be going EV, but that’s not stopping Aston Martin from introducing its 2023 V-12 Vantage. The new Vantage has a 5.2-liter twin-turbo V-12 with 690 hp and 555 lb-ft of torque. The price tag of “around $300,000” is more than double the base price of the Vantage V-8 model, but you can put your checkbook away. The 333 Vantage V-12s to be built are already spoken for.
This Aston Martin will leave you shaken and stirred. At its Amelia Island auction, RM Sotheby’s is offering a 2005 Vanquish S, with just under 1,700 miles. Part of the Michael Fux collection until 2018, this Glengarry Gold Aston Martin has a pre-sale estimate of $125,000 – $150,000, and offered without reserve.