Restomods – Like Hipsters?

I was watching Velocity the other day and saw a 60s era VW Beetle outfitted with an electric powerplant take on a modded dual carb VW that was tuned for the track and the electric car won. The guy that commissioned the build was a hipster looking dude and it reminded me of this infographic comparing hipsters to Restomod Mustangs.

A restomod Mustang melds the classic looks of first-generation models from the 1960s with modern engines, brakes, steering and suspension for reliable everyday driving and all-around performance most old muscle cars can’t even approach. You can buy or build what is essentially a brand-new 1965 to 1970 Mustang with any engine you want–including the 5.0-liter ‘Coyote’ V8 found in the 2014 Mustang GT.

Gavin Knapp is senior manager, market research, Specialty Equipment Market Association, a trade group that represents manufacturers of automotive specialty products such as the parts used for restorations and restomods.

“The street rod and custom segment, which includes restomods has continued to grow at a steady pace, totaling $1.19 billion in 2012, up from $954 million in 2005,” said Knapp.. “For comparison, the traditional restoration market has been relatively flat over the last several years.”

Restomods can be built to fit a wide range of budget and performance needs and it’s a trend that is becoming more popular with options from basic upgrades to brand-new vintage cars. Unlike some of the hipsters serving up your coffee, a Ford Mustang is never aloof or pretentious either.

Tell us about your experience incorporating modern touches on your classic Mustang.

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Rare 1970s Ford Mustang Mach I Cobra Jet to be Auctioned

The Vicari Auction Company will offer a rare 1970 Ford Mustang Mach I Super Cobra Jet (Lot S373) during their 16th annual Biloxi Auction, Oct. 12-13, 2012, at the Mississippi Coast Coliseum & Convention Center in Biloxi, Miss.

In 1970, there were 50 Super Cobra Jet Mach I Mustangs produced with the Bright Gold Metallic paint sported by this vehicle. Of those, two were produced with a 4.30 Traction-Lok Rear Axle and only one – this Mach I offered by Vicari – was ordered with Power Front Disc Brakes.

The Mach I Mustang features a 428 CID 4V Super Cobra Jet engine with a four speed close ratio manual transmission and drag pack. Other options include AM radio, competition suspension, color-keyed racing mirrors, console-mounted shift lever, rim blow-deluxe steering wheel, instrument gauges, rocker panel moldings, rear deck lid tape stripe, deep dish sports wheel covers and color-keyed carpeting.

“This muscle car is a Mustang collector’s dream come true as it’s not only very rare, but it has been maintained in museum-like quality,” said Pete Vicari, president of Vicari Auction. “In 1970, there were only 857 Mach I vehicles equipped with the 428 Super Cobra Jet/Drag Pack.”

The Mustang Mach I Super Cobra Jet will join more than 400 classic and muscle cars crossing the block at Vicari’s Biloxi Auction, which takes place during the Cruisin’ The Coast event, Oct. 7-14, 2012.

General admission to the auction is $12.50 per day. Additional consignment and bidder information is available at www.vicariauction.com or by calling 504.875.3563.

About Vicari Auction

The Vicari Auction Company hosts fast-paced, high energy auctions along the Gulf Coast, offering an entertaining destination to car collectors, enthusiasts and travelers. Pete Vicari, a lifelong enthusiast who purchased his first car – a 1940 Ford – at the age of 12, turned his passion into a successful business with the launch of Vicari Auction in November 1995. The company prides itself on personal service, providing cars for everyone from the avid collector to the first-time buyer.

For more information, contact Vicari Auction at 1900 Destrehan Ave., Harvey, LA 70058; call 504.875.3563; or visit www.vicariauction.com.

Schedule: Vicari Biloxi Auction
Mississippi Coast Coliseum & Convention Center
2350 Beach Blvd.
Biloxi, MS 39531
Oct. 12-13, 2012
Preview: Gates open at 8 a.m. Thursday-Saturday
Auction: Vehicles begin at 10 a.m. Friday & Saturday
Admission: $12.50/day

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1965 Shelby GT350R Goes for Almost $1MM at Auction

 

The incredibly rare 1965 Shelby GT350R is quite possibly the most sought after and valuable of all Shelby Mustangs with just 34 built.

They hardly ever come up for sale, and when they do they can get near-seven figure prices. The car you see pictured here is one such example, selling this week at the RM auction in Monterey, CA for an incredible $990,000. The auction estimated the GT350R’s price tag to be between $900,000 and $1,300,000, meaning someone got a fairly good deal on a historic Mustang.

The Shelby GT350R that was sold, chassis number SFM5R106, is one of the most original examples in existence with less than 4,900 miles and the original engine and transmission. Originally owned by Richard Jordan, the car was raced in Midwestern SCCA national events until the early 1970s. After its racing career the car was placed into storage until 1986 when it was purchased and restored. Since that time the car has been perfectly maintained and is very original down to its plexiglass and magnesium wheels. The original Shelby American paperwork including invoices, titles, racing photos and more remains with the car.

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