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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

Blue Lamborghini Aventador flamb'ees eyeballs on New York City school run

Regardless of how unsure we are of the back story in this video, we don't doubt how cool it would be to get picked up from [insert place here] in a Lamborghini Aventador. In this case, the driver says he picks up his former neighbor's daughter from New York-area high school in an Aventador, and with most of us heading to the Big Apple tomorrow for the New York Auto Show, we're wondering if this guy might be available to shuttle us from the airport to the hotel. It never hurts to ask.
After picking her up, they then head for a quick tour of Times Square with a trio of GoPro cameras recording the whole thing... missing out on a great opportunity to catch about five minutes of Aventador exhaust note, the video, for some reason, pipes in some awful background music. What is entertaining are the reactions that people have to seeing the car - whether from kids or adults - as the car has a magnificently beautiful Azure Blue paint job.
Scroll down to watch the video, but beware, there is some foul language involved.

Lamborghini Centenario possibly revealed in patent photos

Newly published Lamborghini patent images might give us a preview of the upcoming Centenario, which celebrates the hundredth anniversary of Ferruccio Lamborghini's birth. The low-slung design features a pointed nose, and the profile has an arc running from the tip of the front to the rear. The shape looks like it would slice through the air, and the massive diffuser is definitely attention grabbing at the rear. From the top, there appears to be a small, roof-mounted vent into the engine compartment. Three exhausts poke out the rear, including a slightly smaller one in the center. In traditional Lamborghini fashion, visibility out the back seems practically nonexistent. Hopefully, the company mounts a camera back there to make life easier. Lamborghini reportedly bases the Centenario on the Aventador, which seems likely from these renderings. The company allegedly plans to build 20 coupes and 20 convertibles for $2.4 million each, and power would come from a more potent version of the supercar's V12. Rumors suggest we might see the Centenario launch at the Geneva Motor Show in early March, but the debut might be perfunctory. Even at the astronomical price, they're supposedly already sold out. These renderings come from the Office of Harmonization for the Internal Market, which handles patents and trademarks in the European Union. The documents with this listing unfortunately don't give away the model name, but it shows Lamborghini registered for the design patent on October 26, 2015. The renderings were just published on February 17, 2016. Related Video: