Posts Tagged ‘exotic cars’

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 Dream cars and luxury defy the economic gloom in Geneva

Despite the crisis, automakers have not given up on selling dreams at the Geneva Motor Show, which opened this week with an array of eye-catching cars that are always shinier, faster, and ever more expensive.

“Geneva has always been a bit special, somewhere between the provincial and the chic,” said Carlos da Silva, analyst at Global Insight.

Garish colors help to highlight the array of concept, sports and luxury vehicles, which are still one of the principal attractions for the 700,000 visitors expected during the show until March 15.

As the doors opened to the public, overcrowded trains were spilling visitors from around Europe into Geneva while roads to the

exhibition hall were jammed.

Sports cars with prices above 100,000 euros (125,000 dollars), such as the new Lamborghini Murcielago LP 670-4 Super Veloce, inevitably capture minds in search of escape from economic gloom.

Crowds already pressed around the low slung, yellow sports car during the press preview, trying to imagine the effect of being slung by 670 horsepower to 100 kilometres per hour (62 mph) in 3.2 seconds.

The Murcielago is “more extreme and more exclusive than any other car,” Lamborghini’s chief executive, Stephan Winkelmann, claimed.

Not to be outdone, Aston Martin unveiled the One-77 sports car with a price tag of 1.0 million pounds (1.2 million euros, 1.4 million dollars).

Only 77 will be built and the company claims to have received queries from about 250 potential customers.

Aston Martin also revived the luxury Lagonda name with a brash four wheel drive vehicle on show in Geneva, to try to appeal to new markets in the Middle East, India and China.

“The Lagonda is the luxury car of the future,” said Aston Martin Chief Executive Ulrich Bez. It might not be available for another five years.

Porsche claimed that its new 911 GT3 — displayed in an evocative bright red — is “more powerful” and “more efficient”, while Ferrari sought some of the thunder with ever more sporting engines.

Meanwhile, young men with feather dusters toured the stands to ensure the cars never lose their shine and wipe off finger marks, while “hostesses” handed out brochures or simply posed by the cars.

“They make us dream,” said Marcello, a young Swiss visitor whose gaze was fixed intently on the vehicles.

Amid the dominant theme of fuel economy and environmentalism, the carmakers freely admit that they are trying to stir emotions as well.

“Cars are very important part of the human psyche, because they are symbols of pleasure and prestige,” explained Simon Rochefort, the sales manager of US newcomer Tesla.

The Californian company was presenting its electric-powered convertible sports car in Europe for the first time, trying to combine the zero emissions of an electric motor with the thrill of a Lamborghini or Porsche — and a 99,000 euro (124,000 dollar) price tag.

During a crisis “it’s even more important to dream,” said Frank Rinderknecht, owner of specialised Swiss firm Rinspeed, which presents a new and generally more outrageous concept car every year.

But this year Rinderknecht also sought to capture the mood of the moment by showcasing an array of environmental technology.

Even the elite end of the market is tentatively reaching out to the “ecologically correct”.

Bentley is trying out biofuels, which pollute less but are controversial because of their impact on crops, food prices and the amount of energy it takes to produce them.

Bentley’s chief executive, Franz-Josef Paefgen, admitted that the dreams might have reached their limits.

“It is a crisis that affects luxury cars as much as it affects other sectors,” he remarked

Source : http://www.livemint.com/2009/03/06220936/Dream-machines-come-alive.html?h=B

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A reclusive doctor surprised his relatives with a valuable collection of rare vehicles after his death, the Evening Chronicle reports from Britain.

Inside what they thought was “an ordinary suburban lock-up,” the paper says Dr. Harold Carr’s heirs found a 1937 Bugatti Atalante that hadn’t been driven since 1960.

The dust hid other classics, too, including an Aston Martin and a Jaguar.

BBC News says the Bugatti, one of just 17 Type 57S Atalantes ever built, has 26,284 miles on the odometer.

It goes under the hammer next month in Paris. The Times says it may fetch more than $8.7 million.

“The Atalante is incredibly original and, although she requires restoration, it is ‘restoration’ in the true sense of the word. From my perspective, save for some of the interior, all original parts can be restored or conserved in order to maintain originality,” James Knight of Bonhams, the auctioneer, says.

(Photo by Bonhams via AP.)

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Ferrari F430 Spider - A Great Rental

Courtesy of http://www.ridelust.com/drive-like-the-rich-and-famous/

If you are like most car enthusiasts, your true dream car falls into one of two types: muscle car or high-end exotic cars. Since the dawn of the auto industry, men and women have challenged each other on the open road, eager to build it bigger, faster and more powerful than ever before. Of course, power and luxury come at a price, and in today’s economy many of us simply cannot justify the expense of buying our dream cars. Fortunately, there are several ways to experience your dream ride without making the investment in an exotic car of your own.

Rental Cars

If you are planning a trip to Las Vegas, Miami, New York City or another luxury destination, why not splurge on a high-end ride for the weekend? The travel industry is hurting badly in today’s economy, resulting in some truly amazing flight and hotel deals. With all that money saved on travel and lodging, it is easy to justify a rental car that will make you feel like a true high roller. Gotham Dream Cars / Dream Car Rentals and IMAGE Exotic Car Rentals are just few of the many rental agencies that specialize in exotic rides like the Ferrari F430 Spider and the ever-popular Porsche 911.

Make sure you read the fine print before committing to a rental contract. Most exotic rental car agencies require all drivers to be at least 25 years old, although some will allow younger drivers for an additional fee. Exotic car contracts usually limit the mileage per day or per week, with a very hefty charge for each additional mile. You also need to be certain that you select full insurance coverage, as many regular insurers will not cover specialty cars.

Be especially cautious when renting an exotic car overseas. Driving laws are often quite different than those with which you are familiar. Pick up an international driving permit before you leave home, and check into traffic laws in your destination. Depending on the country, you may be required to drive with your low beams on at all times, carry emergency flares or maintain a particular level of insurance on the car. Also keep in mind that in some countries you are expected to pay traffic fines on the spot, while in other places this will get you arrested for bribery.

Fractional Ownership

If you would rather have your choice of luxury car available where and when you want it, why not consider joining a fractional ownership club? The equivalent of time share for cars, fractional ownership clubs are popping up all over the country.

For maximum flexibility, look for a club that has numerous locations around the country and operates on a point-based system. This will allow you to reserve any car in your point bracket at any location, rather than being tied to a specific model or a specific “home” area.

Prices and structure vary widely between clubs, but some general guidelines apply. You will need to pay a one-time initiation fee along with an annual membership fee. Your annual fee will provide you with a certain number of points that can be redeemed for car rental days. Each car is assigned a point value per rental day. There is usually a system in place for purchasing additional points, which can get you a higher-value car or more rental days during the year.

Take In a Driving Experience

Driving experiences are becoming highly popular around the world. Sponsored by the major exotic car manufacturers such as Ferrari and Porsche, or a Corvette as well as by independent auto clubs, these events provide a wonderful chance to learn to drive an exotic car under the guidance of experts.

Depending on the experience that you choose, you might find yourself tackling an icy winter course in Canada, zipping around hairpin turns in the German mountains or attempting to break speed records on a Formula One track in the parking lot of Disney’s Magic Kingdom.

Driving experiences are available for virtually every exotic car and race car you could imagine. Your available time and budget will determine the length of your experience, from an afternoon to several days. Available experiences run the gamut from speed to winter driving to advanced technical maneuvers. If you prefer to leave the driving to someone else, many courses offer ride-along experiences in which you will ride with a professional driver.

Consider a Lease Buy-Back

If you will be traveling in Europe for an extended period of time, you may be able to enjoy the car of your dreams at a price much lower than a standard rental. The lease buy-back program was started as a means of avoiding the astronomical VAT (value added tax) on new cars in Europe. Here’s how it works.

A brand new car is leased to a tourist from outside Europe. The length of the lease can be anywhere from 17 days to six months. The deal is carried by the leasing agency of New York City, so all you have to pay is the lease fee, which is usually a lot lower than a comparable rental. At the end of the lease period, you return the car which is now “used.” It is then sold to a European buyer as a used car, bypassing the heavy VAT.

If you are a luxury or exotic car enthusiast who simply can’t justify paying for a high-end car of your own, why not try out one or more of the above options? Whether you rent a car for the weekend or join a fractional ownership club, there is no reason not to enjoy the car of your dreams.