Buy
Resources
Entertainment
Magazine
Community
Photos by Erik Fuller, courtesy RM Auctions.
Though it was finished in black with a red interior back then, the 1960 Buick Electra 225 convertible seen here found its current owner in 2008, via the pages of Hemmings Motor News. What first appeared to be a good driver-quality car with an older restoration turned into something of an obsession, prompting a four-year restoration documented over two months in the pages of Hemmings Classic Car magazine in July and August 2013. Later this month, the AACA and concours award-winning Buick will cross the stage at RM Sotheby's Amelia Island sale.
Wanting a daily-driver companion for his 1955 Chrysler C-300, the car's current owner traveled from Connecticut to Ohio to view and drive the car prior to his 2008 purchase. Well equipped, the Buick came with such options as factory air conditioning, a center console, powered leather bucket seats, a powered antenna, power windows, the Town & Country AM radio with a rear speaker, Twilight Sentinel with Autronic Eye Guidematic, and safety minder with speed alert. The inspection showed rust as detailed by the seller, and the test drive gave no cause for concern, so a deal was struck and the Buick found a new home on the East Coast. Upon arriving in Connecticut, however, a more thorough inspection revealed body rot that had previously escaped detection.
At this stage in the ownership process, there are two clear paths: cut ties and sell the car to someone else, potentially at a loss, or press on regardless, knowing that as one gets deeper into the restoration process, even more flaws are likely to surface. The Buick's new owner chose the latter path, and though he couldn't possibly have known it at the time, the end result was four-year restoration that, without counting the hours spent disassembling and reassembling the Buick, totaled in excess of $140,000 in costs.
The real problems arose when the body was sent out for a chemical dip to remove the existing layers of paint, rust and filler. While the car's quarterpanels were known to be bad, the process revealed further problems with the rocker panels and floorpans, and a large dent, previously unseen, was discovered in one door. With replacement panels unavailable, two parts cars were sourced from California, and the subsequent bodywork (which included fabricating new inner and outer rocker panels, required to maintain the convertible's structural rigidity) reportedly stretched across three years.
If the body was the bad news, the frame was the good news: Not only was it rust-free, but it showed no evidence of collision damage. Though the engine ran strong and the transmission shifted smoothly enough, both were of questionable vintage, so rebuilds were worked into the schedule. To accommodate new pistons and rings, the 401-cu.in. "Wildcat 445" V-8 was bored .030 over, and a slightly warmer camshaft was added to improve performance over the original specifications.
The tear-down revealed that the Electra had originally been white with a red interior, but its owner preferred Pearl Fawn Metallic with a tan interior. To ensure that the Glasurit paint used was as close to the GM original as possible, a "test fender" from a donor car was painted first; satisfied with the results, the Buick was sprayed in three coats of Glasurit base, topped by four coats of clear. A tan cloth top was chosen to complete the build, even though vinyl would likely have been used for the Electra's original top.
Since the Buick's 2012 show debut, it has earned an AACA First Junior Award at Hershey in 2012, followed by a Post-War Buick National Award. In 2013, it took its AACA Senior Award in Charlotte, along with a Best in Class trophy at the 2013 Boca Raton Concours d'Elegance. In a homecoming of sorts, the car earned First in Class at the 2014 Hemmings Motor News Concours d'Elegance in Saratoga Springs, New York, last September.
RM Sotheby's predicts a selling price between $70,000 and $110,000 when the car takes the stage in Florida. That's quite a bit less than the money spent on its restoration, so from that perspective, the Buick's next owner will be getting a bargain on this proven show winner.
RM Sotheby's Amelia Island auction will take place on Saturday, March 14. For additional details, visit RMAuctions.com.
UPDATE (16.March): The 1960 Buick Electra 225 convertible sold for a fee-inclusive price of $137,500.
Recent
The British motor industry is well represented on this week’s round up of successful sales on Hemmings.com. The strongest listing went to an LS V8-powered 1997 Land Rover Defender 110 custom that outperformed the market and looked to be able to well outperform a stock 110. A 1978 Aston Martin AM V8 found a new home via auction, the same fate experienced by a V12-powered 1972 Jaguar XKE Series 3 roadster. The original Jeep Grand Wagoneer was perhaps the first luxury SUV and the 1988 example sold on Hemmings.com featured low-mileage and excellent overall condition. There are few muscle cars are instantly recognizable as a Carousel Red Pontiac GTO Judge, like the 1969 model detailed below. Finally, we look at a restored 1913 Ford Model T Runabout sold from a Canadian-based collection.
For the week of May 12 through May 18, a total of 61 listings crossed the Hemmings Auctions block. Including Make Offer listings of previously ended auctions, a total of 40 cars were sold, resulting in a net 66% sell-through rate. An additional 29 cars were sold via direct Make Offer listings.
You can keep abreast of the latest consignments by subscribing to the daily Hemmings Auctions email newsletter.
1978 Aston Martin AM V8
Reserve: $80,000
Selling Price: $84,000
Recent Market Range: $45,000-$80,000
Aston Martin produced some version of its V8-powered saloon from 1969 through 1989, though we are more likely to refer to the body style as a coupe on this side of the Atlantic. A beefy 5.3-liter DOHC V8 with multiple carburetors and a stout Chrysler-sourced TorqueFlite automatic very much gave the models a muscle car vibe, albeit one made with fine leather upholstery and thick wool carpets. This silver on red 1978 Aston Martin AM V8 Series III saloon, which traded hands last year via online auction for $46,988, achieved one of the highest prices seen in recent years for a coupe equipped with a standard-specification engine, particularly outside the U.K., where values are typically stronger.
1988 Jeep Grand Wagoneer
Reserve: $63,000
Selling Price: $68,775
Recent Market Range: $54,000-$75,000
Perhaps no other American vehicle has combined class and off-road capability quite like the original Grand Wagoneer, the trailblazing luxury SUV that was produced by Jeep for almost three decades. This 1988 Jeep Grand Wagoneer was submitted with just 27,417 miles showing on the odometer and plenty of notes from the seller indicating the original condition of the vehicle and all of its major components. The undercarriage, interior and engine bay photos all appeared to show an exceptionally clean example, which is notable for a rust-prone vehicle that has been in the Northeast since new. The net sale price, achieved with the 39th bid, was in line with market expectations for this very collectible vehicle.
1997 Land Rover Defender 110
Asking Price: $150,000
Selling Price: $157,500
Recent Market Range: $80,000-$150,000
The Land Rover Defender market shows no signs of slowing down, particularly as more and more examples are allowed into the U.S. via the DOT’s 25-year rule for previously banned imports. Likewise, there is a burgeoning market for what can best be described as restomodded examples, like this 1997 Land Rover Defender 110, which was powered by a modern GM LS3 V8, the same powerplant found in later C6 Corvettes. The list of what was original to this SUV might be shorter than what was changed, given the comprehensive nature of the build. Achieved via a direct Make Offer listing, the net sale price of this Land Rover was at the very top end of recent market activity for such customized Defenders.
1969 Pontiac GTO Judge
Reserve: $54,000
Selling Price: $52,500
Recent Market Range: $46,000-$62,000
This 1969 Pontiac GTO Judge ticked all the right boxes: matching numbers with photos verification of the partial VIN stamping on the engine block of the original Ram Air III V8, Muncie four-speed manual transmission, PHS documentation, and that classic Carousel Red finish and Judge decals. It looked to be in excellent overall condition, but it also appeared to have been driven and enjoyed some in recent years, with some signs of wear. And the net sale price, achieved via post-auction Make Offer listing, reflected the condition and authenticity of the car. A concours-level example, or one with a rare Ram Air IV engine for example, would likely command a premium over this one.
1972 Jaguar E-type Series III Roadster
Reserve: $65,000
Selling Price: $69,825
Recent Market Range: $78,000-$115,000
The final iteration of the Jaguar XKE was a bit larger than the original and not as precisely focused on its sporting nature. Rather, with a big V12 under the hood, it was more of a GT car. This 1972 Jaguar E-type Series III Roadster appeared to have some minor wear and tear and signs of road use, but it made up for any shortcomings with what appeared to be an abundance of authenticity. The seller noted that the exterior finish, interior upholstery and engine were all original. Reflecting the low number of owners and the car’s years sitting in a museum, the odometer reading of just over 30,000 miles was also believed accurate. While the net sale price was below market expectations, it was not too far off.
1913 Ford Model T Runabout
Reserve: $25,00
Selling Price: $26,250
Recent Market Range: $22,000-$36,000
There has never been a shortage of early Fords at Hemmings, dating to the earliest days of our magazine. Like any other vehicle, the most desired examples in the best condition will always attract the bidders. This 1913 Ford Model T Runabout appeared to have been restored to high level and showed only minimal signs of use. It was also equipped with an electric starter. The maroon body, black fenders and white spoke wheels nicely complemented the button-tufted black vinyl seat. The undercarriage appeared to be exceptionally clean, indicating little use for the car that was said to come from a Model T collection. The next sale price was well within the going market rate for an open-top, two-seat, early Model T.
Keep reading...Show Less
Memorial Day means the start of summer, and summer is road-trip season. What better choice is there for exploring new vistas and making new memories than a full-size American luxury car from the mid-'60s? These land yachts allow you to enjoy classic style without giving up niceties like air conditioning, cruise control, and power windows and seats. They're remarkably easy to drive, too, with their big, torquey V-8s, and fully capable of keeping up with modern traffic.
Detroit's Big Three were clicking on all cylinders when they created these cars, and the task of choosing among them hasn't gotten any easier over the past 60 years. Cadillac? Imperial? Lincoln? Each has its charms, and makes its own style statement. We picked these well-preserved examples from the Hemmings Marketplace, focusing on four-door sedans for the ultimate comfort of the passengers.
Did we leave out your favorite? If so, let us know in the comments. And if you're interested in reading more about classic American luxury cars, keep a lookout for the special feature in the July issue of Hemmings Motor News.
1964 Cadillac Series 62
Photo: Hemmings Marketplace
<p>As ritzy as it was, the Series 62 was Cadillac's entry-level model in 1964, available as a coupe, a four-window sedan, or a six-window sedan. All Cadillacs were powered by the new-for-'64 429-cu.in. V-8, which churned out 340 hp, more than enough to move the 4,575-pound sedan along smartly. Cadillac boasted of "deep, foam-padded, chair-height seats as beckoning as your favorite easy chair," and upholstered in one of a variety of fabrics. The division introduced its fully automatic Comfort Control air conditioning system this year, and this example has it. What more could a sophisticated traveler want? Cadillac produced a record 165,969 cars in 1964.</p><p>We don't know much about this car's condition from the ad, though the abundant photos give us an impression of a 60,000-mile car that certainly still has its original upholstery, and may have its factory-applied Aspen White paint, too. In addition to the Comfort Control, we note the presence of cruise control, too, and a push-button AM/FM radio with signal-seeking. We found it among the Hemmings Classified Ads, with an asking price of $32,000.</p><p><a href="http://hemmings.com/classifieds/listing/1964-cadillac-series-62-concord-nc-2659603" target="_blank">hemmings.com/classifieds/listing/1964-cadillac-series-62-concord-nc-2659603</a></p>
1964 Imperial LeBaron
Photo: Hemmings Marketplace
<p>Restyled for 1964, the Imperial was offered in Crown and upscale LeBaron flavors, mainly distinguished by the sumptuousness of the interior. The 413-cu.in. V-8 went toe-to-toe with Cadillac's new engine, matching its 340 hp output, though it had an extra 400 pounds of curb weight to haul around. Chrysler was proud of the work they'd done to make the Imperial as silent as possible, and boasted that it was "the quietest motorcar ever built in America." This was the last year for push-button control of the TorqueFlite three-speed automatic. Imperial finished third in the luxury-car sales race, with production totaling 23,285.<br></p><p>According to the seller, this Sequoia Green Metallic Imperial has been lovingly cared for by one family since new, and has not been restored, though the body does show some "scratches, blemishes, and a minor ding." The button-back leather seats are in good condition, with enough cracking to give them character, and all of the real wood veneer is present and accounted for. On the downside, the seller notes surface rust throughout the underside, with some pitting in the muffler and rear axle in particular, and an apparent oil leak from the rear pinion seal. We found the Imperial as a Hemmings Classified Ad, with an asking price of $16,000.</p><p><a href="http://hemmings.com/classifieds/listing/1964-chrysler-imperial-morgantown-pa-2768489" target="_blank">hemmings.com/classifieds/listing/1964-chrysler-imperial-morgantown-pa-2768489</a></p>
1964 Lincoln Continental
Photo: Hemmings Marketplace
<p>The redesigned 1961 Continental was a landmark car, and its design went mostly unchanged right through 1964, rear-hinged rear doors and all. The Continental had been drawn by Elwood Engel, who brought the razor-edge styling motif with him when he moved to the Chrysler Corporation in 1962. Lincoln's 430-cu.in. V-8 was the biggest of the three, by one cubic inch, but was rated at 40 hp less than its competitors', thanks in part to its two-barrel carburetor. The wheelbase was stretched by 3 inches, to 126, for added legroom in 1964, but it was still 3 inches shorter than the Cadillac's or the Imperial's. Lincoln production amounted to 36,297 for the year.</p><p>The seller's description doesn't tell us a lot about this particular Princeton Gray Continental, but from what we can see in the photos, it's relatively straight and unmodified, and its original leather-and-cloth upholstery looks to be in remarkably good shape. The classified ad lists its mileage as 32,916. We found it with an asking price of $23,000.</p><p><a href="http://hemmings.com/classifieds/listing/1964-lincoln-continental-vassar-mi-2776899" target="_blank">hemmings.com/classifieds/listing/1964-lincoln-continental-vassar-mi-2776899</a></p>
Keep reading...Show Less
Interested in a new or late model used car?