Thursday, August 6, 2009
Punto or Pontiac - what's your petrol-head poison?
If you're a fan of custom cars, retro motoring or American hot rods, and you have a spare wad of cash at your disposal, you might want to get yourself over to Los Angeles in September for the auction of 80 Icons of Speed & Style by RM Auctions.
Billed as a once in a lifetime chance to buy rare and prestigious custom and vintage cars of the 20th Century, each vehicle will be sold without reserve, so the opportunity for a bargain may well occur. But with the worldwide publicity the auction has attracted, I wouldn't hold your breath.
Pre-sale estimates for the collection range from $6 million – $9 million (Approx £3.5 million - £5.5 million) and that means, at an extremely conservative estimate, the average price of one of these pieces of automotive history is going to be around £43,000.
Alternatively, visit your local car auction venue where a P reg Fiat Punto will set you back around 600 smackers. Bargain!
Image © mikebaird via Flickr, under Creative Commons licence
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