There has always been a strong demand for classic cars, as savvy buyers continue to look for something exclusive to add to their list of collectibles. Luxury cars, especially the highly sought-after classic cars always remain in great demand, whenever they go at auctions exclusively through high-end auction houses; Bonhams, Christie’s and Sotheby's. While vintage cars do depreciate in value, but there is a growing market for restored cars, like the 1953 Ferrari Mille Miglia Berniletta, the rare Jaguar C-Type replica based on original 1953 version, and the most expensive 1961 Ferrai 250 GT short-wheelbase California, to name a few, which fetched enormous prices at the auctions. And, the recent auctioned luxury cars that fetched good prices includes the JFK Hearse, F1 racing legend Ayrton Senna’s debut F1 car.
JFK 1964 Cadillac Hearse
A 1964 white Cadillac Hearse which transported the casket carrying the body of assassinated President John F. Kennedy and lady Jacqueline Kennedy from Parkland Memorial Hospital on the 3-mile trip to Dallas Love Field, where President’s airplane Air Force One waited. This immaculately maintained car was offered at the Barret Jackson collector car auction in Scottsdale, Arizona this year, and got purchased by real estate developer Stephen Tebo for $176,000.
Toleman TG184-2: Ayrton Senna’s Debut F1 car
Toleman TG184-2, racing legend Ayrton Senna’s Debut F1 car which is referred to as an important piece of racing collectible has recently come up for auction at the Silverstone Auction Spring Sale. Ayrton Senna drove this car in his rookie season, and is best known for carrying Senna to his remarkable second place drive in the rain drenched 1984 Monaco GP. With this car, Senna also finished at seventh and third place in the Canadian and British GP’s, respectively. As Senna was one of the greatest F1 drivers ever seen, it is expected that the auction of Toleman TG184-2 will fetch good price. However, Silverstone Auctions has not anticipated the price.
While the restored luxury cars are popular with the collectors and auto enthusiasts, there are even takers for the mutilated Jay-Z’s custom Maybach.
Phillips de Pury, the celebrated modern art auctioneers sold the wild and wacky rapper Jay-Z’s Maybach for around $60,000 at the Contemporary Art Evening Sale in New York. Originally, this Maybach 57 got torn apart and put back together for Jay-Z and Kayne West’s Spike Jonze directed ‘Otis’ video. It’s been also said that proceeds of this customized whip will go to ‘Save The Children’, a charity that aides starving children in Africa. Though, it’s a famous car but it surprisingly went for a relatively lower price then expected.