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Pontiac Firebird in latest Generation Gap scrap

Generation Gap is mining the Lingenfelter collection again this week to compare two very different interpretations of the Pontiac Firebird. An original 1968 example goes toe-to-toe with a 2010 Lingenfelter Trans Am to see whether the old man or the modern re-imagining takes the crown.
Being from the Lingenfelter collection, both cars are absolutely immaculate. The '68 packs a Pontiac 350-cubic-inch (5.7-liter) V8 with a claimed 320 horsepower and some classic, muscular style with a hood-mounted tach. Plus, it's painted in an understated shade of green that you don't usually see.
In the other corner is Lingenfelter's pumped-up take on the classic shape based on the modern Camaro, and this is just one of six concept versions ever made. It wears an eye-catching, vintage-inspired livery of blue with a white stripe package. Under its shaker hood is a 455-cubic-inch (7.5-liter) V8 with a reported 655 hp and 610 pound-feet of torque.

Jay Leno tries out a 1970 Pontiac GTO Judge that looks factory fresh

The latest machine to show up on Jay Leno's Garage is arguably the most iconic Pontiac GTO, the 1970 Judge. The example here is a radically red model and features all of the nifty Judge features, such as the mega-size rear wing, hood-mounted tachometer, and ram air hood scoop. The latter of which had a panel in the hood that would open up at full throttle to let in all that cool air from outside. The car is owned by the Wade Kawasaki, president of Coker Tires, a company that specializes in reproducing classic tires. Not surprisingly, his GTO features a set of the company's Firestone Wide Oval tires. That particular tire would have come with the car originally, but these new versions are built like modern radial tires, rather than the slippery bias-ply originals. The tires are indicative of how Kawasaki restored the rest of his Judge. Everything has been taken back to factory-spec. It has a stock, 400-cubic inch V8 that makes a supposedly underrated 366 horsepower, and it's complete with the chrome valve covers and foam intake seal. The tires are accompanied by exact replica GTO Judge wheels. The car even has the true, original interior. Somehow, the upholstery, dash, and other interior components survived in excellent condition. Check out the video above for more details on this flashy muscle car, as well as some reminiscing about the "good ol' days," and some history on the origins of the car's name. Related Video:

'We're not a hedge fund': Porsche plans to curtail speculators and flippers

A sizable number of speculators view cars as an investment. Rare or unusual models are quickly snapped up and either parked for years or flipped for a profit. Cars from automakers like Porsche and Ferrari are more prone than others, and at least some people behind these models are getting a bit tired of it. While it's difficult to police what goes on after you sell a car, Porsche has some plans that might curtail the problem before it starts. Andreas Preuninger, the head of GT road-car development and the man behind the new 911 GT3, spoke to Car and Driver at a recent event. "I personally like to see my cars being used," he said. "That's what we build them for. They are just too good to be left to stand and collect dust." One recent example of this rampant speculation is the 911 R. While the special manual-only model sold for $185,950 when new, used versions were selling for nearly $1.3 million just months after it went on sale. While the car is a masterpiece and an instant classic, a good number will be parked and simply used as art and not the rolling testaments to the man/machine interface they were intended to be. The concern over valuations has become so fierce that some owners are upset that Porsche is offering the new 911 GT3 with a manual transmission, fearing that it may hurt the value of the 911 R. "When I said we're not a hedge fund, I'm talking to those people who are yelling at us for offering the manual transmission similar to the R," Preuninger said. "But if there are people wanting to buy cars like that, then as a company we should try to fulfill that, to meet that demand." It seems Porsche is keeping a close eye on who is flipping cars. Since there is often far more demand than supply with certain models, the German automaker has a name for every car before it's built. Buyers with bad reputations might not even make the wait list. Related Video: