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    $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.

    Re: $3.24 million

    Quote:
    Ron (Houston) said:
    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.



    actually, $240k of the $3.24 includes the buyer's premium. i think it's kinda shady that barret lists the price after the buyer's premium.

    Re: $3.24 million

    Wow I could've bought a couple of Carrera Gts and an Enzo or a really really nice house for that much money

    Re: $3.24 million

    Quote:
    CarreraGtRacer said:
    Wow I could've bought a couple of Carrera Gts and an Enzo or a really really nice house for that much money



    I have a feeling that the buyer probably has at least one other car and at least a modest home

    Re: $3.24 million

    Quote:
    Grant said:
    Quote:
    CarreraGtRacer said:
    Wow I could've bought a couple of Carrera Gts and an Enzo or a really really nice house for that much money



    I have a feeling that the buyer probably has at least one other car and at least a modest home




    Re: $3.24 million

    The guy who bought it already owns an Enzo, and the cars going straight to Museum in Califonia. Saw the when the car was auction on Barret Jackson no tv. What a price for the car.

    Re: $3.24 million

    Ben, Can you explain to me what the buyers premium is? Is $3.24 the total price paid by the buyer? What does the $0.24 represent?

    Thanks

    Re: $3.24 million

    8% must be paid by the seller (listing fee)

    Another 8% must be paid by the buyer (buyers fee)

    That 16% goes to Barret-jackson on every car. This year a record 50 million + was sold. Craig made about 8.5 mil in 4 days, thats excluding the admission paid by all goers, the few hundred dollar buyers qualification fee, the vendor fees and of course concessions.

    Its a well run event and fun to watch. Too many customs this year though.

    Tom

    Re: $3.24 million

    Wow!!! Wish i was in that business!

    Thanks racerx

     
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