Feb 1, 2005 2:01:06 AM
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Ron (Houston)
- Rennteam Moderator
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- Loc: Houston, TX , United States
- Posts: 8812, Gallery
- Registered on: Apr 10, 2002
$3.24 million
Oldsmobile F-88 concept car sold for $3.24 million
The Oldsmobile F-88 is similar to the Chevrolet Corvette concept car -- they were termed "dream cars" at the time -- that debuted a year earlier and quickly entered production. Both were two-seat roadsters with fiberglass bodies. The F-88 is powered by a 324 cubic-inch Oldsmobile Rocket V-8 engine producing a maximum 250 horsepower.
The car was auctioned Saturday at the 34th annual Barrett-Jackson classic car auction in Scottsdale, Ariz. The $3.24 million final selling price was the highest ever paid for a car at that auction.
The previous record, $2 million paid for a Hispano-Suiza J12 Binder, had stood for 15 years.
A 1962 Aston Martin DB4 GT "Zagato" sold for $2.7 million. This Italian-designed British sports car has a 305 horsepower, 3.7-liter engine.
The Oldsmobile F-88 is similar to the Chevrolet Corvette concept car -- they were termed "dream cars" at the time -- that debuted a year earlier and quickly entered production. Both were two-seat roadsters with fiberglass bodies. The F-88 is powered by a 324 cubic-inch Oldsmobile Rocket V-8 engine producing a maximum 250 horsepower.
The car was auctioned Saturday at the 34th annual Barrett-Jackson classic car auction in Scottsdale, Ariz. The $3.24 million final selling price was the highest ever paid for a car at that auction.
The previous record, $2 million paid for a Hispano-Suiza J12 Binder, had stood for 15 years.
A 1962 Aston Martin DB4 GT "Zagato" sold for $2.7 million. This Italian-designed British sports car has a 305 horsepower, 3.7-liter engine.
What does the $0.24 represent?
