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1961 Jaguar E-Type ‘Barn Find’ sells for £110k

Rarity is all in the classic car world, which is one of the reasons why the early, pre-Fiat Ferraris command huge prices (there were only 33 Series 1 Ferrari 250 GTOs built and you would now have to pay north of $40 million for one) and why the E-Type – glorious and desirable though it is – commands a fraction of that. In fact, you can pick up a very decent E-Type in good condition for as little as £50k, and even E-Types that have been fully restored and with low mileage don’t often break the £100k barrier. So why has this tatty 1961 flat-floor E-Type sold for £119,020 at Bonhams auction at the RAF Museum in Hendon?

Fuel Duty frozen and car tax discs scrapped

Fuel Duty frozen and car tax discs scrapped Fuel duty makes up a painful chunk of the price of petrol and diesel, and it was due to be increased again next September. But Chancellor George Osborne has announced that the tax hike will be scrapped – as has been the case every year sicne the Con-Dems came to power – saving motorists an additional 2p on a litre of fuel. It may not be a price cut, but at least it’s not going up.

Chevrolet to restore Covettes damaged in sinkhole disaster

Though we're very happy that no one was hurt when a sinkhole opened up beneath the Bowling Green, Ky. National Corvette Museum, the fate of the eight Corvettes damaged in the cave-in remained has remained unclear. Photos and footage of the incident show a few cars sitting on top of the rubble at the bottom of the 40-foot wide, 25 to 30-foot deep pit; others are presumably pinned under the debris.