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The Daily Vroom
Welcome to the final edition of the week of The Daily Vroom – your sleek and sophisticated destination for the latest online auction news, trends, and insights on both collector and modern cars. Let's dive into the automotive world together!
Here's what we've got for you today:
📊 Chevrolet 3100 sales
🚀 April’s Pontiac GTO sales
🤑 Sale of the day
🚘 Vroomy reads
Whilst I have you here. Next week, I will be highlighting one thing that really infuriates me on BaT and why Cars & Bids have given me a warm fuzzy feeling…Stay tuned.
APRIL’S CHEVROLET 3100 SALES
I’m a big fan of the Chevrolet 3100. Have yet to own one, but it’s gonna happen one day, mark my words!
Below I have analysed the auctions that took place in April. The average sale price of one of these bad boys is $36,383. Sales were dominated by two companies. BaT were the first and obvious candidate. But the second company surprised me. It is Autohunter. For those that don’t know Autohunter, they are a company owned by classiccars.com, who themselves are owned by The Collector Car Network.
🚚 Design: The Chevrolet 3100 is known for its classic and timeless design that features rounded curves, chrome bumpers, and a bold grille.
🔧 Engine: The Chevrolet 3100 was equipped with a six-cylinder engine that was capable of producing up to 90 horsepower. It was paired with a three-speed manual transmission that provided smooth shifting and reliable performance.
🛋️ Comfort: Despite its rugged exterior, the Chevrolet 3100 was surprisingly comfortable for its time. It featured an all-steel cab with ample headroom and legroom, as well as a padded bench seat that could comfortably seat three passengers.
🤝 Collectibility: The Chevrolet 3100 is highly collectible today, with many enthusiasts seeking out these vintage trucks for restoration projects or as additions to their collections.
👑 Legacy: The Chevrolet 3100 helped pave the way for the modern pickup truck, and its influence can still be seen in many of the trucks on the road today. Its legacy continues to be celebrated by collectors and enthusiasts around the world, who appreciate its timeless design and rugged performance
APRIL’S PONTIAC GTO SALES
It’s impossible to be human and not love the Pontiac GTO 😁
🚗 Design: The Pontiac GTO is a classic muscle car that is known for its sleek and aggressive design. It featured a long hood, short deck, and bold grille that set it apart from other cars on the road.
🔥 Engine: The Pontiac GTO was powered by a V8 engine that was capable of producing up to 360 horsepower. It was paired with a four-speed manual transmission or a three-speed automatic transmission, both of which provided smooth shifting and impressive performance.
🏎️ Performance: The Pontiac GTO was designed to be a performance-oriented car, with features like a heavy-duty suspension, power brakes, and power steering. It was also available with optional performance packages that included upgrades to the engine, transmission, and exhaust system.
🤝 Collectibility: The Pontiac GTO is highly collectible today, with many enthusiasts seeking out these classic muscle cars for restoration projects or as additions to their collections.
👑 Legacy: The Pontiac GTO is widely considered to be one of the most iconic muscle cars of all time. Its influence can be seen in many of the high-performance cars on the road today, and its legacy continues to be celebrated by car enthusiasts around the world.
The Pontiac GTO was discontinued for a number of reasons, including changing consumer preferences and new regulations. Here are some of the factors that contributed to its discontinuation:
(all boring excuses- this was a fun car to drive, surely that’s enough to continue manufacturing)
Changing consumer preferences: In the 1970s, consumers began to shift away from high-performance muscle cars and towards smaller, more fuel-efficient vehicles. This trend made it difficult for the Pontiac GTO to remain competitive in the market.
New regulations: In the late 1960s and early 1970s, new regulations were introduced that placed limits on emissions and fuel efficiency. These regulations made it difficult for car manufacturers to produce high-performance cars like the Pontiac GTO while still meeting the new standards.
Competition: The Pontiac GTO faced increasing competition from other muscle cars like the Ford Mustang, Chevrolet Camaro, and Dodge Charger. These cars were able to offer similar performance and features at a lower price point, which made them more appealing to many consumers.
Financial pressures: In the early 1970s, Pontiac faced financial pressures that forced the company to make cutbacks and focus on more profitable models. As a result, the Pontiac GTO was discontinued after the 1974 model year.
Do you want to more of this type of content- where we analyse a particular model's sales? |
Side note: We ONLY feature vehicles in this newsletter that are sold in online auctions. There are cars that do get sold after the auction has taken place. But it’s not possible to corroborate those sales with 100% accuracy, so I just leave them off.
SALE OF THE DAY
This 1970 Ferrari 365 GT 2+2 was sold yesterday for $302,000, which is a record high price on Bring A Trailer for this model.
This particular model is one of the 800 that were built over three years, and it features a 4.4-liter Colombo V12 engine, a five-speed manual transmission.
VROOMY READS
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HAVE A GREAT WEEKEND
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