Insane Collection of White Porsches Sells for $30 Million

An expansive, strange collection of all-white Porsche products and memorabilia has sold for a total of $30.5 million, setting records for several desirable models built within the last decade. Listed by RM Sotheby's as “ The White Collection” several months ago, the Texas-based hoard has been framed as mysterious with an owner who likes to stay out of the limelight.

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QOTD: How Much Would You Pay for a Replica Movie Star Car?

Motor1 brings us a report of a replica 1975 Ford Gran Torino that has popped up on Bring a Trailer. It's a replica of the Gran Torinos that starred in the Starsky and Hutch TV show.

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QOTD: What Would You Overpay For?

We just ran a Used Car of the Day post -- and there's a decent chance that the featured car could fetch more than it's objectively worth, since auctions like Bring a Trailer tend to have crazy results.

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1989 Batmobile Listed for $1.5 Million

The Batmobile from the Tim Burton era of films (Batman and Batman Returns) is on sale, though you’ll still need access to Bruce Wayne’s fortune if you’re interested in buying. This particular movie car is being priced at $1.5 million – likely due to it being one of the more influential designs.

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Lot of Rare JDM Cars Will Likely Draw Deep Pockets at Auction

The Fast and the Furious franchise was the spark the dry powder keg in the Japanese domestic market (JDM) enthusiast world needed. Huge action and impressive racing scenes exposed newbies and diehard fans of other types of cars to models like the Nissan Skyline, Mitsubishi Lancer EVO, and the now-unobtainable Toyota Supra. We don’t see these cars coming up for sale often, but a whole load of impeccable Japanese metal is heading to auction on Bring a Trailer

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Car Buyers Will Walk 500 Miles for a Car (Some Would Walk 500 More)

Ok, maybe they wouldn’t walk five hundred miles but a new study from the eggheads at an American research group suggest customers are now willing to travel an average of 469 miles in order to buy a car.

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Weird Wheels: United Nude's 'Lo-Res Car' Up for Auction

If anybody has a soft spot for wedge designs and the automotive future envisioned during the 1970s, it’s yours truly. While mainstream vehicles being manufactured during the Malaise Era often left a lot to be desired, the concepts were sublime and led to some of the most unique-looking production cars in automotive history. I’m talking about cars like the Lancia Stratos, Lamborghini Countach, Lotus Esprit, BMW M1, De Tomaso Pantera, and DeLorean DMC-12. Toss in the digital dashboards that were gradually appearing in standard passenger cars during the 1980s and you’ve reached the point where I would probably claim automotive styling reached its zenith after a few stiff drinks. But I’ve been told by those who can distinguish fetishization from appreciation that those designs weren’t perfect and kind of look the same when there’s enough squinting is deployed.

Apparently, someone took that premise and used it as a template for a modern prototype intended to help sell shoes. Though the company focused entirely on the basic shape of wedge cars, settling on a vehicle that resembles what a Countach might have looked like in a video game from two decades ago should the assets fail to load. Known as the United Nude Lo-Res Concept Vehicle, it’s probably one of the more-unique automobiles ever built and it’s yours for the taking now that the Petersen Automotive Museum doesn’t want it.

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CarMax On Used-Car Buying Spree As Market Madness Continues

With used-car prices soaring, retailer CarMax has been busy swooping up used vehicles to flip for sale.

That could be a solid strategy since the chip shortage has left new-car dealers bereft of vehicles on the lot.

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QOTD: What's Your BAT Poison?

I wrote earlier this week about how BAT has broken me.

In the post, I mentioned how I browse for Fox-body Mustangs. I do this because my dad owned one when I was young and I owned one for a few years between high school and early college.

I suspect many of us have one, two, or even three models we look for when we browse sites like BAT.

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The Insanity of BAT Finally Broke Me

Like most automotive journalists — and car enthusiasts in general — I have three ways of goofing off online that involve the cars. One is reading sites like this one. Two is building and pricing cars from mild to wild — from affordable to only if I win the lotto — on manufacturer’s consumer configurators. The third is browsing the auction site Bring a Trailer (BAT) to see what’s for sale that day. Someday, the just-right Fox-body Mustang will be available and within my budget. Someday.

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Barrett-Jackson VIN 001s Boost Auction Results

VIN 001s are a rarity few can appreciate, let alone afford. Barrett-Jackson, auctioneers with aplomb, moved a handful of them last weekend at their auction in Scottsdale, Arizona.

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CEO Accused of Fraud Forced to Auction Exquisite Car Collection

Former millionaire and ex-owner/CEO of Interlogic Outsourcing Najeeb Khan has been forced to sell off his entire car collection after declaring bankruptcy last year. Accusations of fraud from former clients and businesses partners really put Mr. Khan through the financial wringer. Multiple lawsuits claim the company failed to hand clients’ tax money over to the Internal Revenue Service — encouraging Khan to sell his business to Pennsylvania-based payroll firm PrimePay. While that certainly sounds suspicious, any determinations on his guilt are best left to the professionals.

Since Khan’s company has little to do with the automotive sphere, we’re not overly concerned with the details of the alleged monetary malfeasance, anyway. The important issue, from our perspective, is he now has to sell off his remaining assets. That includes investments made into various businesses, multi-million-dollar homes, and 281 vehicles — many of which are highly valuable and incredibly rare.

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Used Car Prices Take a Dive, Spelling More Worry for Anxious OEMs

At this point, only two things in our present reality bear any similarity to what took place in the Great Before: average new car transaction prices are shooting for the Van Allen Belt, and pickups sell like hotcakes. The relationship between 1 and 2 can’t be downplayed.

Everything else has been turned upside down by the coronavirus pandemic and the resulting plunge in sales spurred by both fear and state lockdown measures. Domestic market share is up, zero-interest loans are proliferating, and used vehicle prices are falling through the floor.

That latter issue could spell big losses for manufacturers whose main business is selling new vehicles.

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Jerry Seinfeld Sues California Car Dealer Over Allegedly Fake Porsche

Jerry Seinfeld is suing the company that sold him an ultra-rare 1958 Porsche 356 A 1500 Carrera after an earlier suit brought its authenticity into question. The comedian sold the car in 2016 for $1.5 million via a Gooding & Company auction only to see the buyer, Fica Frio Limited, claim it was fake.

(Jerry, just remember — it’s not a lie if you believe it.)

Seinfeld is now seeking unspecified damages in a Manhattan federal court from European Collectibles of Costa Mesa, California. However, the suit’s primary mission isn’t about hunting for a payday — Seinfeld appears more interested in clearing his name and forcing the dealership into settling things with Fria Fico directly.

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What's the Deal With Jerry Seinfeld Being Accused of Selling Fake Porsches?

In addition to being one of America’s most-famous comedians, Jerry Seinfeld also happens to be a car snob of the highest order. His collection of vintage automobiles is so vast that he got the itch to sell a large portion a few years ago. As his fleet is already heavy with Porsches, his favorite brand, Seinfeld worked with Gooding & Company to get over a dozen under the gavel and make room for newcomers. Among these was an extremely rare 1958 Porsche 356 A 1500 GS/GT Carrera Speedster. It sold in 2016 and, yada yada yada, eventually resulted in a big lawsuit.

Estimated to move at over $2 million, the model went for $1.54 million to Fica Frio Ltd. with the suit surfacing just a few days ago. According to details outlined in the lawsuit, it was brought to the United Kingdom after being purchased. Then, in March of 2017, Fica Frio asked Lee Maxted-Page, the Managing Director of Maxted-Page Limited (which knows its Porsches), to evaluate and prep the vehicle for resale. However, the appraiser expressed concerns that the Porsche might not be authentic.

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  • Lorenzo Subaru had the ideal wagon - in 1995. The Legacy Outback was a straight two-box design with rear quarter and back windows you could see out of, and was available in brown with a 5-speed manual, as God and TTAC commenters intended. It's nice they're not raising prices, but when you've lost the plot, does it matter?
  • Bkojote Remember a month a go when Cleveland wanted to create a more walkable Cleveland and TTAC's 'BIG GOVERNMENT IS THE PROBLEM' dumbest and dullest all collectively crapped their diapers? Here's the thing- look on any American highway and it's littered with people who don't /want/ to be driving or shouldn't be. Look at every Becky on her phone during the morning commute in her Tucson, look at every Brad aggro driving his 84 month loan GMC. Hell look how many drivers nowadays can't even operate a headlight switch. You expect these people to understand a stoplight? In my neighborhood alone 4 people have been rear ended at lights from someone on their phone. Distracted driving over the past 10 years has spiked, and it's only going to get worse unless Becky has an alternative, because no judge is going to pull her license when 'she needs it to get to work!' but heaven forbid she not check fb/tiktok for 40 minutes a day.
  • Scott Shouldn't the The Italian Minister for Business be criticizing The Milano for being too ugly to be Italian?Better use of resources doing that....
  • Steve Biro Frankly, while I can do without Eyesight and automatic start-stop, there is generally less B-S with Subarus in terms of design, utility and off-road chops than with many other brands. I just hope that when they adopt Toyota’s hybrid system, they’ll also use Toyota’s eCVT.
  • The Oracle These are all over the roads in droves here in WNC. Rarely see one on the side of the road, they are wildly popular, capable, and reliable. There is a market for utilitarian vehicles.