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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

Aston Martin rules out going downmarket

When Aston Martin sat alongside Jaguar under the Ford umbrella, the two had to be careful not to step on each other's toes. That kept the top end of Jaguar's sports and GT lineup at bay, and in the years since they parted company, Jaguar has steadily moved up-market with new versions of the XK and now with the new F-Type. But does that mean Aston Martin will in turn start offering cheaper models? "No, not at this stage," Aston's US chief Julian Jenkins told AutoGuide.com. "If there is an opportunity that we can sit comfortably within we will go after it." But for the time being, the V8 Vantage will remain the brand's entry-level model, coming in just under the $100K mark in base Vantage GT trim. Enthusiasts will remember the Cygnet, a version of the Toyota/Scion iQ which Aston reskinned and sold to customers looking for a more compact, economical mode of transportation without skimping on luxury. But that model never made it to North America, and lasted only a few years before being discontinued in 2013. More recently, Aston branched into the four-door market, first with the Rapide and now with the Lagonda Taraf. The Lagonda Taraf is a four-door luxury sedan initially launched in the Persian Gulf, but under consideration for additional markets. The company has been on and off the fence regarding launching a crossover SUV like the Lagonda concept it showcased at the 2009 Geneva auto show to lukewarm reception. If Aston were to proceed with such plans, it would be up against the likes of the upcoming Jaguar F-Pace, Bentley Bentayga and Maserati Levante.

Henrik Fisker presents 'Thunderbolt,' a take on the Aston V12 Vanquish

Henrik Fisker's name no longer even appears on the vehicles from his former brand, but since leaving the company, the man is slowly transitioning back into what made him famous in the first place: design. Fisker has already put pen to paper for a concept motorcycle and a carbon-fiber-bodied Ford Mustang. For his latest project, Fisker has made his unofficial return to Aston Martin to create a one-take on the Vanquish called the Thunderbolt. Debuting its carbon fiber skin at the 2015 Amelia Island Concours d'Elegance, Fisker keeps his transformation of the Vanquish far more subdued than his recent work on the Mustang. He enlarges the grille to take up the entire front end but retains Aston Martin's traditional shape, and the hood receives a power dome with triangular air intakes on each side. In profile, this is still clearly an Aston just sharper and leaner. It's also lowered 0.6 inches and rides on 21-inch wheels. A big change comes at the back where Fisker adds wraparound rear glass and transforms the taillights into thin strips of LEDs. The interior offers a mix of high-end leather and more carbon fiber, plus an 11.6-inch Curved Control Screen from Panasonic. Unfortunately, even if you have the means and want to buy this Thunderbolt, it's not for sale. However, Galpin Aston Martin is taking limited orders for a tweaked version with a revised front end that includes different intakes on either side of the grille and without the Panasonic infotainment screen. As designer for the Aston Martin DB9 and V8 Vantage, the Thunderbolt can be thought of as Fisker's return to the British brand, albeit in an unofficial and extremely limited way. Still, it's fascinating to get a glimpse at what the marque's models might look like, if he were still there. Related Video: HENRIK FISKER UNVEILS HIS LATEST DESIGN STUDY, A TIMELESS GT COUPE, AT 2015 AMELIA ISLAND CONCOURS D'ELEGANCE One-Off V12 Vanquish-Based Coupe Features Carbon Fiber Coach-Work and World's First Panasonic Curved Screen Infotainment System Amelia Island, Florida (March 14, 2015) – Henrik Fisker today took the wraps off of his latest design study, the "Thunderbolt," at the 2015 Amelia Island Concours d'Elegance. Designed by Henrik Fisker as a powerful GT coupe; this is his personal interpretation of how his Aston Martin V12 Vanquish coupe could look like.