“The Cobra to End All Cobras”
Detroit Free Press
A bidder paid $ 5.5 million for a 1966 Shelby Cobra 427 Super Snake during the Barrett-Jackson auction livestreamed from Scottsdale, Arizona, Saturday night.
Meanwhile, one of two collectibles auctioned off by Edsel B. Ford II, the great-grandson of Henry Ford, shocked classic car collectors.
His 1958 Edsel Bermuda Wagon with a brown exterior and tan interior sold for $ 165,000. His 1947 Ford Super Deluxe Custom Woody Wagon with a green exterior and a brown interior sold for $ 209,000.
“A record price paid for an Edsel” Bermuda Wagon, Jonathan Klinger, vice president of automotive culture at Traverse City-based Hagerty, the world’s largest car insurance company, said Saturday.
“It is no surprise that these sold for a significant premium over today’s market. The owner’s ancestry, tasteful modifications and condition made these highly desirable,” he said.
Barrett-Jackson also listed the sale as a “new record sale at auction.”
Bids came in online and by phone from all over the world.
The only surviving 1966 Shelby 427 Cobra Super Snake, tailored for the legendary racing driver Carroll Shelby, was the most powerful sports car he and his benefactor, Henry “The Deuce” Ford II, built together to fight the Ferrari in the 1960s.
Shelby won endurance races in Le Mans, France, in 1966 and 1967.
“The car went fast and became a cultural icon,” Craig Jackson, CEO of Barrett-Jackson, told Free Press in February.
This Guardsman Blue two-seater roadster, part of that story, last sold for $ 5.1 million in 2015. Saturday’s sale price of $ 5.5 million, however, did not set an auction record. It also sold for $ 5.5 million in 2007.
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Edsel says goodbye to classics
Meanwhile, the Ford family said goodbye to their classic station wagons, each signed by Edsel B. Ford II.
“I loved the process of revitalizing them with modern technology that made classic cars more fun to drive,” said Edsel B. Ford II in February. “Over the last few years, I drove and enjoyed the history they represent. I hope the next owners of these two beautiful Ford cars will also enjoy great experiences in them.”
Ford recently announced its upcoming departure from the automaker’s board, one of two seats to be filled by the next generation of Ford family members.
A pair of vintage Ford Wagons from the personal collection of Edsel B. The Ford II will be sold by Barrett-Jackson Auctions on Saturday, March 27, 2021 in Scottsdale, Arizona.
Detroit Free Press
The station wagons represent different segments of car collection; Edsel’s Edsel was updated with an automatic transmission that maintains a stock appearance, and the Ford Woody Wagon incorporates much newer technology.
This Ford Woody Wagon has a chassis built in Dearborn, is equipped with a body built on the upper peninsula, and is made of wood harvested from Ford-owned forests.
No one could predict the winning bids on the wagons before the auction.
“The 1947 Ford Super Deluxe Woody Station Wagon is one of the more in-demand Ford Woody Wagons compared to the newer versions,” said Klinger.
Current market values were $ 93,500 for a stock example in excellent condition, he said. “The Edsel Bermuda stroller is a very rare model. So few of these sell that we do not even trace it in the Hagerty Price Guide.”
While the price is a record for an Edsel wagon, it is only shy of the well-known record sales price of any Edsel, said Jason Michael Gilmore, founder of Edsel Quarterly. Gilmore noted that a 1960 Edsel Ranger Convertible ordered $ 184,500 during a 2006 Sotheby’s auction.
For some, these classic family cars are seen as far more than just cars.
“It’s not a station wagon. It is nostalgia for a long time since people long for it even though it has never existed, “said market analyst Jon Gabrielsen. “It’s Americana personified.”
New Mustang, Bronco auctioned
During a whirlwind weekend of auction activity, bidders also spent heavily on high-profile vehicles donated by Ford and sold for charity.
The Ford Mustang Mach 1 VIN 001 in 2021 sold for $ 500,000 on Friday, and according to the bid sheet, the money went to the Juvenile Diabetes Research Foundation. The Fighter Jet Gray Limited Edition Mustang Mach 1 features a 6-speed manual transmission and a 5.08,480 horsepower V8 engine.
The interior of the car is ebony and orange.
For the first time in almost two decades, Ford announced in October that they would be making a brand new Mustang Mach 1 with a sticker price of $ 51720 plus taxes.
Mustang fans have mourned the departure of the Mustang Shelby GT350.
“While the Shelby GT350, with its exotic and expensive flat-crank crankshaft, was groundbreaking and much admired, the Mustang Mach 1 will fill its place with almost as much horsepower, a manual transmission and street credit over the stock GT,” Klinger said in October.
Ford also donated the Ford Bronco VIN 001 from 2021 to raise money for conservation and education in the wilderness.
The two-door SUV was sold for $ 1,075,000 late on Saturday, with proceeds from the Bronco Wildlife Fund. The organization contributes to the National Forest Foundation and Outward Bound USA. Ford Motor Co. announced in October plans to raise up to $ 5 million a year for afforestation, trail management, outdoor experience programs and scholarship programs through nonprofits.
The all-new Bronco, which has created nationwide excitement and a landslide of reservations after its launch after years of being out of production, has been hailed by Ford boss Jim Farley as a Jeep competitor.
A state-of-the-art Badlands edition can exceed $ 60,000 in fees. Delivery has been halted by supply chain disruptions, as loyal Bronco fans count the minutes until delivery later this year.
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Contact Phoebe Wall Howard at 313-222-6512or email@example.com. Follow her on Twitter @phoebesaid. read more about Ford and sign up for our autos newsletter.
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