GM selling rare cars from it's Heritage collection to raise cash.

[1969chargerrtse]

How sad.   

http://www.msnbc.msn.com/id/28581960

General Motors is cleaning out the attic to sell some stuff at the auction house to raise some much needed cash.

Around 250 vehicles from GM's "Heritage Collection" will be auctioned by Barrett-Jackson, with the first lots going on Jan. 13 in Scottsdale, Ariz., and the second hitting the block in April in West Palm Beach, Fla.


Don't think that GM is parting with the family jewels to pay the mortgage. Though insiders can't recall such a big chunk of the collection being sold at once, 25 percent of the total, most of the vehicles are special show cars and one-offs that GM snapped together for the Specialty Equipment Manufacturers Assn. shows over the years, as well as some classic production cars that were duplicates of models GM still has.

[Ghoste]

I hope it makes a difference.

[The70RT]

I bet the guy that bought those GM proto types will be a player. He paid millions for them.

[hemi-hampton]

That Building they are housed in is right around the corner from my House, I like that Pontiac Banshee prototype/concept car. Anybody ever see that one, Wonder if it will be at Auction? LEON.

[PocketThunder]

That Building they are are housed in is right around the corner from my House, I like that Pontiac Banshee prototype/concept car. Anybody ever see that one, Wonder if it will be at Auction? LEON.

Hey i remember that car when it came out... mid 90's right?   

[Aero426]

What they are selling off is pretty much filler - the least significant cars.   I looked at the list and other than maybe half a dozen cars, there's very little that would bother me.     

[Mike DC]

   
I can't imagine this making any difference in GM's problems at all.  Maybe it's a P.R. move or something.


This will raise a few million dollars.  They need billions.  BIG difference.

   

[Brock Samson]

 My Picks: 


1960 Chevrolet Impala

Estimate: $60,000 to $85,000
This Impala is a find for collectors of this era. Though not the much-sought-after convertible, the hardtop floats on the front and rear windows, both being wrap-arounds. There is no center B-pillar, giving the car an airy, wide-open feeling, if not the best protection in a crash. Lots of chrome, yet this signifies an evolutionary departure from some of the gawdier designs of the 1950s. The 1960 Impala was promoted for "Space—Spirit—Splendor."




1996 Buick Blackhawk
Estimate: $100,000+

The Buick Blackhawk show car is a hand-built custom 2+2 convertible developed to celebrate Buick's 100-year anniversary in 2003. It's built from modified components and panels taken from various Buicks from 1939 to 1986. It includes a retractable carbon-fiber top, which is stored inside the deck-lid. The interior is hand-tooled using many 1996 Riviera pieces. It is powered by a 1970 vintage 455-cubic-inch Buick GS Stage III V8 engine. It produces 463 horsepower and 510 foot pounds of torque. The body is steel. This is a true show car and would not be street-driven unless modified and certified. GM executives say in a better market, it might bring $200,000 plus, but the current environment makes it a wild card at the auction.



2001 Aztek
Estimate: $20,000-$30,000

If you are into "notorious" cars, this might be the pick of the auction. The Aztek is synonymous now with bad design. The way some people say the "Cadillac of..." or "the Lexus of..." Now, people in the auto industry might say a bad design was "Honda's Aztek." GM rarely parts with "first-off-the-line" cars, but they made an exception here. This car was so badly received by the press that GM, to this day, won't say which designer's pen was responsible. The guy is in some kind of witness-protection program. The car had such a small and loyal following, though, that GM thinks that some of the Aztek nuts might come out of the woodwork and bid the price up. Some Charger nuts would prefer it to the recently uncovered Barn-find Buggatti type 57.

   

[Charger_Fan]

You would pick an Aztek?? I agree with you on the first two, though.