Last month, the Saratoga Automobile Museum https://www.saratogaautomuseum.org in Saratoga Springs, New York, held its annual Saratoga Motorcar Auction — the organization’s largest fundraiser. This year’s edition, September 22-23, at the Saratoga Casino and Hotel, on Jefferson Street, drew an eclectic mix — something for every budget and interest. Among three well-stocked preview tents, and around the grounds, we counted more than 150 vehicles up for grabs. A 1965 Ferrari 365GTC/4 was the auction’s top seller, fetching $308,000, while the bargain of the event was a 1999 Saab 9-3 convertible, which sold for $3,850. The average sale price was approximately $27,000 and the total haul for the weekend was $2.8 million. It was tough to narrow it down (look for expanded coverage in the coming weeks) but here are five cars that attracted our attention. Complete results from this and the museum’s previous sales are available at www.saratogaautoauction.org.
1936 DeSoto Airflow
There’s a ’34 Airflow that’s a regular at our summer cruise-ins and you can always count on it being swarmed by admirers all evening. We hope that the new owner of this ’36 gets it out and shows it off because it too will be a crowd pleaser with its smooth paint, great trim and beautiful, tufted-leather upholstery. The ’36 model year was the Airflow’s last gasp, and it gained a more conventional trunk, altering the car’s profile but making it more practical and functional. The top bidder took this car home for $34,650, which seemed like a good deal for such a finished-looking car. The seller made out here too: last year when this Airflow crossed the block in Saratoga, bidding stopped at $29,000 and the owner passed on the sale. An additional $5,650 was worth the wait.
2007 Ford Mustang Shelby GT500
What’s so unusual about an ’07 GT500? Well, this one had just 1,054 miles on the odometer and subsequently looked showroom new. Typically, 2007-’09 GT500s change hands in the neighborhood of $40,000, but this one sold for $54,450. When new, these stickered for around $45,000, though many were sold with a dealer markup tacked on. Adjusted for inflation a $45,000 MSRP is the equivalent of $68,000 in today’s dollars so the selling price of this one fell short of that. Still, the buyer paid a premium for this GT500’s ultra-low mileage. We can’t help but wonder: will he or she hit the road with it or will the car get squirreled away again for another 13 years?
1991 Toyota MR2 Turbo
Second-generation MR2 values have been climbing over the past few years and the most desirable of these cars built from 1991-’95 are the turbocharged models, like this one. The later cars are known for being a little easier to drive fast due to suspension upgrades that made them less tail happy, but all of these are reliable and fun. This one had nice original-looking paint, a good interior with some wear showing on the driver’s side seat bolster and it was riding on a set of Borbet wheels. The average for a ’91 MR2 is between $20,000-$30,000 according to popular guides. This one bid up to $32,000 — which seemed like a fair offer — but the owner decided to hold out for another day.
1974 Volkswagen Karmann Ghia
There was a lot of information available about this green Ghia: the consignor had owned the car for 34 years and was its second owner; three-year-old paint job; around the time the car was painted the fuel tank, steering box, front suspension bits and carpeting were replaced; the engine was rebuilt and updated with some SCAT performance parts; and new Minilites were included as an upgrade to the stock wheels. This was a presentable car with nice interior that looked ready to drive, show off and enjoy as is. The estimated price range for a Ghia in this condition is about $25,000-$40,000. Someone drove off with it for $33,000, which seemed like a fair deal for the buyer and seller.
1924 Studebaker Special 6
This old Studebaker was a running, driving prewar American touring car and it sold at no reserve for $5,775. Let that sink in: $5,775. Sure, the restoration work appeared to have been performed by a DIYer, but lovingly so. The color combo he or she chose is an acquired taste, whether accurate or not (we wouldn’t know). But the interior was pretty darn nice — certainly perfect for weekend jaunts, the local firemen’s parade or whatever. The auctioneer had to work the crowd a bit to get this winning bid and we hope it found another good caretaker.
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