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$1.3B worth of classic cars were auctioned in 2014

The collector auto market in the US just continues to expand with the values of vehicles seemingly only growing in the past years, especially if they have a prancing horse on the hood. This year was no different. According to data compiled by classic car insurance agency Hagerty, there were about $1.3 billion worth of vintage rides auctioned in North America in 2014, up just slightly from $1.2 billion crossing the block in 2013. If you want an idea of just how big a role the Monterey Car Week plays in the North American collector hobby, Hagerty's stats illustrate it perfectly. The company recorded $430 million in auction sales during the week – about a third of the entire market for the year. The event also hosted the biggest seller of 2014 when the hammer fell on a 1962 Ferrari 250 GTO (pictured above) for $38.115 million at Bonhams. In fact, vintage Ferraris in general were among the top buys in the classic auto world in 2014. Eight of the ten most expensive vehicles sold at auction were Prancing Horses (the other two were Ford GT40s). Also, the insurance company's price index for these Italian stallions showed a 43-percent gain in value for the year. The market for another Italian supercar is exploding, as well. The Lamborghini Countach showed a staggering 175-percent growth in auction value in 2014. According to Hagerty, the average price when they crossed the block was $736,599. Judging by Hagerty's numbers, there were still some places to look for those hoping to spend a bit less money. The Aston Martin Lagonda showed a strong gain in value with a 32-percent increase in auction price, but they still averaged $47,078. In addition, the company's index for '50s American cars showed only one-percent growth for these classics. These huge leaps in collector car value might be winding down, according to Hagerty. It predicts growth in the market to slow to an estimated five percent gain in 2015. Maybe a few of these classics might actually become a bit more affordable to fans without such deep pockets sometime in the future. Featured Gallery Bonhams Maranello Rosso Collection: Monterey 2014 View 21 Photos News Source: HagertyImage Credit: Copyright 2014 Drew Phillips / AOL Aston Martin Ferrari Lamborghini Auctions Car Buying Performance Classics aston martin lagonda ferrari 250 gto Lamborghini Countach collector cars 1962 ferrari 250 gto auto auction

$100,000 reward offered to help recover stolen Lamborghini

Have you seen this Lamborghini? If so, Pinkerton wants to hear from you. And if your information leads to the recovery of the vehicle in question, the private detective agency could give you a reward of $100,000. According to Pinkerton, the white 2015 Lamborghini Aventador roadster was stolen in New York on October 28. It was last seen at the corner of Fowler Road and College Point Boulevard in the Flushing neighborhood of Queens, but the agency says it could have been spirited away to Atlanta – or even sent overseas. Pinkerton is asking anyone with information on the whereabouts of this vehicle to call 1-800-478-3403. The $100,000 reward being offered in exchange amounts to less than a quarter of the vehicle's $440k purchase price – which is what the insurance agency would surely have to pay out if the vehicle is not recovered. Pinkerton Offers $100,000 Reward For Tips That Lead To The Recovery Of A Stolen 2015 Lamborghini Aventador Convertible UPDATE: Theft Tied to Persons in Atlanta, Georgia NEW YORK, Nov. 10, 2015 /PRNewswire/ -- Pinkerton today announces it is offering a $100,000 reward for tips that lead to the recovery of a white 2015 Lamborghini Aventador Convertible, stolen on October 28th. The vehicle was last seen at the intersection of Fowler Road and College Point Boulevard in Flushing New York. Although the vehicle was last spotted in New York City, it is suspected that there are ties to persons in the Atlanta, Georgia, area. Investigators believe the Lamborghini could be in the New York area, ready for shipment overseas, or in metro Atlanta. Anyone with information on the location of the stolen Lamborghini is asked to call 1-(800)-478-3403. Related Video:

Lamborghini Veneno makes North American debut

Love it or hate it, the Lamborghini Veneno is an incredible - and incredibly rare - car. With Lamborghini committed to building just three examples of the Veneno, it's very likely that we'll only ever see this pre-production show car in our lifetime.
That doesn't mean we'll be any less excited about laying our eyes on this fine example of the world's most-expensive production car, which we recently did as the Veneno made its US debut at the Quail Motorsports Gathering. Now that we see it again, it might look even better under the California sun than it did the last time we saw it under the bright lights of the Geneva Motor Show. Now, if we could just find the keys...