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Monthly Archives: May 2008
Car Auction News – A good auctioneer helps the old cars go (The Globe and Mail)
That’s why the Ferrari was tagged Lot 333 in the May 18 Italian sale run by RM Auctions , the Canadian company that came out of nowhere – Blenheim, Ont. The 1950 Ferrari wasn’t the only star of the RM auction, which was held on the Pista di Fiorano, the track used by Ferrari founder Enzo Ferrari to test his sports cars and Formula One racers. Add the two together – 20 per cent – and that one car alone generated the equivalent of about $2-million for RM (the company doesn’t reveal precise commissions, which can vary slightly from car to car). The next big leap forward was in 2001, when RM decided to fill a gaping hole in its portfolio – Europe – the land of vintage, and ultra-expensive, Ferraris, Maseratis, Lamborghinis, Porsches and Jaguars. Another European opportunity came in 2005, when the Sotheby’s Ferrari auction in Italy turned into a dud – not many cars sold. read more
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Donations overwhelm grateful fire victims (Florida Today)- Topic: Car Auction News
Donations overwhelm grateful fire victims | floridatoday. Use of this site signifies your agreement to the Terms of Service and Privacy Policy , updated March 2007. read more
[Tags], 2007, agreement, donations, fire, floridatoday, car auction news[/Tags]
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Car Auction News – CNN – Gas Prices Drive Geos From Clunkers To Chic (CBS 46 News Atlanta)
But Marci Solomon is hoping she’ll be the one laughing — all the way to the bank — when her Geo Metro saves her from skyrocketing gas prices. The Metro has been making a huge comeback, especially on eBay, where Solomon bought the car, because of its extremely high gas mileage. The 1996 Metro’s average of 40 miles per gallon nears that of the hybrid 2008 Toyota Prius — priced at $21,000 for the cheapest model — and bests most current cars by a long shot, according to government ratings. The 1996 2-door 3-cylinder Metro Solomon now owns opened on eBay May 7 with a bid of $200. Since her eBay purchase, Solomon has acquired another Metro, which she is considering flipping on eBay for profit. read more
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