Five Rapidly Appreciating Cars from the Class of 1992

The experts at ClassicCars.com have identified five vehicles from the 1992 model year that represent great investments.

CCC1.jpg

The experts at ClassicCars.com have identified five vehicles from the 1992 model year that represent great investments—especially for nostalgic-minded enthusiasts looking for something special to drive to their 25th reunion.

“Representing a broad spectrum of domestic and import makes and models, this list identifies cars that are showing significant signs of appreciation on the market,” said Andy Reid, ClassicCars.com’s East Coast editor and analyst. “These cars represent a new segment of the collector car hobby, which emphasizes models from the ’80s and ’90s.

CCC2.jpg

1992 Acura NSX—A landmark car when introduced, the NSX was the first sensible supercar to offer all the glitz and glamour of an exotic with Honda reliability. Only 7421 were made for U.S. buyers over the eight-year lifespan of this first-generation model. With availability limited, demand continues to grow

CCC3.jpg

1992 BMW M3—Universally hailed as one of the best BMW’s ever built, it’s basically the Swiss army knife of cars, available as a convertible, sedan or coupe, an option for every taste. The M3 also boasts a well-documented heritage as a race car. The first-generation M3 delivered everything it promised, and more. Models from 1992—especially those with low mileage—are extremely valuable

CCC4.jpg

1992 Dodge Viper—The brainchild of Bob Lutz with input from Carrol Shelby, the Viper is a modern-day Cobra, the kind of car we’ll never see again. Only 285 Vipers were built in 1992, the year this supercar made its debut. This is the model year that true collectors want, but availability is scarce

CCC5.png

1992 Porsche 968—The final version of the Porsche 924/944 platform, this reengineered ’92 model was the first to be completely built by Porsche, with no input from Audi. Total North American production that year was limited to 1,440 units. Very few are available, and low-mileage ones are almost impossible to find

CCC6.jpg

1992 Toyota MR2—The 1992 MR2 has gone up in price because good examples of low-mileage cars are scarce. We’ve seen a resurgence in demand for Japanese cars, and this is one of those that is extremely sought after.

“With the exception of the Viper, all offer niceties of a modern car but all the nostalgia of a classic,” Reid said. “This new generation of collectors love driving these cars. Accordingly, these five are as usable as they are collectible.”

Ferrari 250 GTO Sells for Record Breaking $70 million

GTO1.jpg

One of the finest examples of the most desirable of Ferraris has changed hands for $70million

A Ferrari 250 GTO has sold privately for a rumoured $70million (£52million) making it the most expensive car to ever be sold. The car that now holds this world record is chassis number 4153GT – a silver GTO built in 1963.

Any Ferrari 250 GTO is a rare and special car – that’s why the most expensive car sold at auction is also a Ferrari 250 GTO – but this one boasts a specification and history very few of the 39 250 GTOs can compete with. Firstly, it is one of the earlier and prettier Series I cars, rather than having the Series II bodywork reminiscent of the 250 LM.

 The 250 GTO is known as the Holy Grail model for its looks, rarity and smoothness on the road.

The 250 GTO is known as the Holy Grail model for its looks, rarity and smoothness on the road.

It is also one of the few 250 GTOs not to be painted red. Instead, it’s finished in silver with a yellow stripe running perpendicular across the bonnet, the livery of Belgium team Ecurie Francorchamps.

GTO2.jpg

As well as being cosmetically desirable, this GTO also has its original engine, rather than a replacement from another 250 Ferrari, and has never been crashed. However, it was restored back in the 1990s and has, more recently, been certified by Ferrari Classiche.

GTO5.jpg

The 250 GTO’s range of abilities – that it was able to compete competitively on circuits as well as on the many road rallies and hill climbs that took place in the 1960s – is demonstrated by this car’s impressive history.

Not only did this GTO race at Le Mans in ’63 (finishing fourth overall) and in the Spa 500km Grand Prix in ’64 (where it finished sixth overall), chassis 4153GT also won the 1964 Tour De France and then came third (and first in class) in the Mont Ventoux hill climb.

The new owner of this 250 GTO is David MacNeil, CEO of WeatherTech – a car floor mat manufacturer and the current title sponsor of the IMSA championship. MacNeil purchased the car from Christian Glaesel, a German classic car collector and historic racer.

  David MacNeil.

David MacNeil.

 Ferrari historian Marcel Massini said he expects a GTO to fetch $100million (£75million) within five years.

Ferrari historian Marcel Massini said he expects a GTO to fetch $100million (£75million) within five years.

Pebble Beach Concourse will Feature Citroen for the First Time.

Chapron cabriolets will headline French marque's turn in the spotlight

CIT1.jpg

For the first time in its long history Pebble Beach Concours d'Elegance will spotlight Citroen as its featured marque with a display of rare coach built cars.

When talk turns to coach built Citroens the name Chapron pops up first; this coachbuilder was responsible not only for the "factory" DS cabriolet, but also a stunning variety of other DS sedans and cabriolets, many of them quite subtle to the uninitiated. While Chapron was by no means the only major Citroen coachbuilder -- let's not forget Heuliez -- it will be cars reworked by Chapron that will take centre stage on the 18th fairway later this year. The concours organizers have just released an early sketch of the official poster for the concours, with three Chaprons appearing on the artwork.

 The concours' official poster for 2018, by artist Barry Rowe, will slowly transform from a sketch to a painting over the course of the summer. PHOTO BY BARRY ROWE

The concours' official poster for 2018, by artist Barry Rowe, will slowly transform from a sketch to a painting over the course of the summer. PHOTO BY BARRY ROWE

"At the forefront of the poster is the two-tone blue 1966 Citroën DS 21 Chapron Le Léman Coupé, one of roughly 24 produced," the concours organizers write. "This very car (chassis no. 4350020) graced the stage at the 1966 Geneva Motor Show and represents the pinnacle of Citroën custom coachwork. The green 1967 DS 21 Chapron Cabriolet d'Usine was transformed to convertible specification straight from the factory while the Yellow DS 19 exemplifies the essence of the original DS saloon. All three of these Citroëns have been fully restored by renowned Citroën expert Vincent Crescia, who currently operates out of the very building that housed his father's Citroën dealership."

 Citreon Traction Avant

Citreon Traction Avant

 Citreon SM

Citreon SM

Aside from the DS and its myriad versions, there will be a selection of other "greatest hits" by this French marque, with the Traction Avant, SM, GS, 2CV and CX being the usual suspects. There's no shortage of notable Citroens in California, however the general consensus is that Citroens from all over the U.S. and Europe will be in attendance, and we wouldn't rule out much later examples like the BX.  

 Citreon GS

Citreon GS

"Interest in Citroën among collectors has seen exponential growth in recent years, and the Concours is pleased to showcase custom coachwork Citroëns that offer the best of French technology and design,” said Concours Chairman Sandra Button.

 Citreon 2CV

Citreon 2CV

 Citreon CX

Citreon CX

 Citreon BX

Citreon BX

The 10 Biggest Car Collectors in the World

Some people love to collect sports memorabilia or jewelries but there is a handful of others.

CC30.jpg

10. Wyclef Jean and Nick Mason

CC1.png

Tying up at number 10, hip-hop sensation Wyclef Jean and Pink Floyd
drummer Nick Mason do not just share fondness for great music but also for
cars, lots of them. Both have more than 40 cars to their name with their
specially done garages. Wyclef’s collection of McLaren F1, Ferrari, Italian
Pagani Zonda, Cadillac, and Humvee as well as a customized Hummer
complete with a fish tank can be seen in his Miami garage.

Nick Mason, on the other hand, has a certain preference for Italian super sport cars
delving on models and makes that have a historical significance in the automotive world.
Some of these noteworthy cars are; a Bugatti T35, an Aston Martin LM18, a
Ferrari 213 T3, McLaren F1, Porsche 962 and the infamous 23M-pound Ferrari
250GTO.

9. Ralph Lauren

CC21.jpg

Fashion mogul and style exemplar, Ralph Lauren may be best known for
his “Polo” design but in the world of hot engines and metallic sensations, his
all-red car collections have always been a sight to behold each time they open
for exhibition. Speed, style and beauty are the highest forms of
vanity and this eccentric combination perfectly conceptualized Lauren’s epic
collection of Ferrari’s, Alfa Romeo roadster’s, Bugatti, Mercedes, Bentley,
Jaguar, McLaren F1 and many others comprising a total of more than 60 cars.
This amazing collection is 98% red in color and are laid on an all-white
platform raised on a specially-done NYC garage carpeted in all-black
fashion.

8. Jay Kay

CC22.jpg

Apart from collecting hats, Jamiroquai’s front man Jason Luiz Cheetham (famously known as Jay Kay) also has a not-so-secret attraction to cars. This Grammy-winning English-born singing sensation has amassed quite a collection of at least 68 cars (last counted) including a number of Porsche’s, Ferrari’s, Rolls Royce’s, Lamborghini’s, Mercedes, Bugatti’s,
Maserati, Chevy, Aston Martin, among others. He even owns one of Coco
Chanel’s Mercedes 600.

7. Dmitry Lomakov

CC23.jpg

Moving up to Russia, the best way to find the best car collections in this area is
through a museum built by the Lomakov family headed by Dmitry. The current
president of Retromoto, Dmitry Lomakov’s fondness for antique cars and
anything of historic excellence is quite unparalleled up to this day. In a span of
40 years, he was able to collect 120 antique cars and motorcycles particularly
the antique 1914 Peugeot motorcycle, the last of its kind as well as other
Russian-made vehicles no longer in existence like the 1977 Chayka GAZ-13.
Recently he had also made waves in the media when he bought Adolf Hitler’s infamous Mercedes Benz from a private auction used largely during Hitler’s reign.

6. Gerard Lopez

CC24.jpg

The renowned chairman of the Lotus F1 Team, this Luxembourg-born
businessman co-owned Genii Capital and Mangrove Capital Planters, a top-
rated venture capital business firm that specializes in technology like Skype.
He is also the managing director of CS Fola Esch, which is a football club. A self-
made entrepreneur, he is definitely more famous for his amazing car collection
recently shown to Britain’s Top Gear. Amassing quite a plethora of pixel-
perfect vintage ponies and muscle hot rods to racing cars, he has a Porsche,
Peugeot, Bugatti and other Euro-exotic sounding car maker’s names on his list.

5. Mukesh Dhirubhai Ambani

CC25.jpg

The richest man in India does not just have a immense Mumbai mansion he
adoringly calls Antilla but also an astounding collection of European cars
reaching to 168 or perhaps more. The 22nd richest man in the whole
world also has an avid passion for cricket, the country’s national sport, through
his co-ownership of the Indian Premier League Team. Understandably, this
extends his love for fast and sporty, yet elegant, European cars like Bentley,
Maybach, Bugatti and Mercedes as well as a few Porsche’s.

4. Ken Lingenfelter

CC26.jpg

Rivaling Jay Leno‘s ethereal collection, the U.S. based owner of Lingenfelter Performance Engineering also created quite a collection with 20 Lamborghini Reventon’s on the top of the list. He has more than 150 American muscle cars to his name and amazing collections of Corvettes, Mustangs, Bugatti, Porsche’s and other sensational items he can get his hands on. No wonder, he needed a 40,000 square foot building in Michigan for a garage.

3. Jay Leno

CC27.jpg

Move over Oprah and Conan, tonight’s show is all about Jay Leno. A famous
talk show celebrity, his car collection is quite astounding as is his Tonight
Show. His collections are usually made of cars that you would never expect in
a million years to still be working up to this day. From 200 cars bearing perfectly maintained a 1909 Baker Electric, a 1931 8-liter Bentley, a 1909 Stanley Steamer, a 1934 Phantom II from Rolls Royce, a 1927 Duesenberg Model X and a 1925 Hispano-Suiza plus 22 steam-powered vehicles and 25 classic cars, it is no wonder where Mattel’s Hot Wheels get their inspiration.

2. Sheikh Hamad Bin Hamdan Al Nahyan

CC28.png

A billionaire member of Abu Dhabi’s ruling elite, the “Rainbow Sheik” is quite
renowned for his colorful collections of 7 Mercedes S-Classes, each one in a
different color of the rainbow. Additionally, he also has customized Mercedes
monster trucks, a slew of Jeep’s for the largest Bedouin Caravan, a Dodge Power
Wagon, and whatever sensational cars he can find to match his equally
sensational personality. What makes him unique is how he stashed his worthy
finds in a pyramid.

1.    Sultan Hassanal Bolkiah

CC29.jpg

With a staggering $20 billion net worth and the largest royal palace in the world with
diamond and gold gilded bathrooms, it is no wonder that he is able to amass
some 7000 cars consisting of 209 BMWs, 574 Benz, 452 Ferraris, 179
Jaguars, 382 Bentleys, 134 Koenigseggs, a slew of Lamborghinis, Aston
Martin, SSC, Cicero BDB Maestro, and so on. His limited edition and concept
cars made only for him like the Ferrari Mythos, Pininfarina-designed Jaguar,
Bentley Java and 4×4 Dominator, a Koenigsegg Agera CC GT and a Porsche
Carma are definitely a sight to behold. Definitely, this is one person who sees
collecting top-rated cars as child’s play.