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Report: New-vehicle purchase price on the rise

The average purchase price of a new car is on the rise, according to a recent report from automotive analysts at truecar.com. The average transaction price for passenger cars and trucks in the United States was $31,087 last month, up $339 from March 2012. Transaction price, or the out-the-door price, includes taxes, titles and fees.

Japan's concept cars - the craziest of the noughties

By Alex Michaelides Motor Shows 19 August 2009 10:00 Here we are, celebrating the best cars that Japan has produced, but what about the ones it hasn’t? At many motor shows – and particularly ones in its back yard – the Japanese industry serves up some wild concept cars which boggle the brain and tickle the ribs. It’s hardly surprising that few of them hit the mainstream.

Mecum achieves record-setting auction in Dallas with 1967 Corvette L88 convertible

Mecum is no stranger to hosting million-dollar auctions all over the United States. Their most recent event in Dallas put collector Buddy Herin's 1967 Corvette L88 Convertible in the spotlight, making it one of the most successful auctions in Mecum history. Being just one of 20 produced during that year, this rare breed made history for its $3.2 million price tag, the highest price ever achieved for a Corvette at any auction.