Tag Archives: reo

Five Old Cars from Bonhams

Posted on by
Reply

Five Old Cars from Bonhams

Offered by Bonhams | Beaulieu, U.K. | September 1, 2018

1909 Alldays & Onions 10/12HP Tourer

Photo – Bonhams

Alldays & Onions is one of my favorite automotive marque names. It just sounds funny. It was actually two people’s last names from their respective companies that merged in 1889. Cars were available from 1898 through 1918.

This, the 10/12HP was their most successful model, built from 1905 through 1913. Power came from a 1.6-liter two-cylinder engine and this example has been in the same ownership since 1971. A longtime museum car, it does get driven annually, but you might want to check it out a little more thoroughly before planning any road trips. It should bring between $28,000-$33,000. Click here for more info.

Update: Sold $33,513.

1905 Corre Type F Rear-Entrance Tonneau

Photo – Bonhams

Corre was founded in 1901 by Jean-Marie Corre in Levallois-Perret, France. The company actually lasted until 1949, but the name had changed to La Licorne. Corre-branded cars were only produced through 1907 when the company became known as Corre-La Licorne.

This Type F was Corre’s single-cylinder model in 1905. It’s a De Dion engine and the body is by Delalande. Not much about this car is known prior to 1957 and the current owner acquired the car in 2005. It should bring between $28,000-$33,000. Click here for more info.

Update: Sold $40,215

1910 Paige-Detroit 25HP Challenger Open Tourer

Photo – Bonhams

Paige-Detroit has an amusing early history. Harry Jewett bankrolled a car built by Andrew Bachle and promoted by Fred O. Paige in 1909 in Detroit. The Page-Detroit went on sale in 1909 and after 1910 production was halted because Jewett thought the cars were terrible. He forced Paige (company president) out and dropped the “Detroit” suffix and re-launched Paige, which lasted until he sold it to the Graham Brothers in 1927.

This “Model No. 1” is one of those early “terrible” cars. This was the first – and only – model sold by Paige-Detroit and it’s powered by a kind of weird two-stroke, 2.2-liter three-cylinder engine that was somehow capable of 25 horsepower. Only two of these are thought to still exist and this one was reportedly part of the Henry Ford from 1930 until 1985. It’s been in Belgium since 1993 and probably hasn’t been run since it went to the Ford Museum way back when. Completely original, it should bring between $57,000-$83,000. Click here for more info.

Update: Not sold.

Update: Sold, Bonhams Retromobile 2019, $37,838.

1908 Phoenix 10HP Sports

Photo – Bonhams

The Phoenix Motor Company, originally of London, was founded in 1903 by one of the great names in automobiledom: Joseph van Hooydonk. Their original products were tricars, then quadcars that looked like tricars. “Real” cars were introduced in 1908.

The company soldiered on until 1926 and the first traditional car they built was a 10hp model introduced in 1908. It lasted until 1915 and the car you see here is an example of this model. It’s powered by a two-cylinder engine and features a wooden skiff boattail body. It was made roadworthy again in 1997 and it can be yours for $15,000-$19,000. Click here for more info.

Update: Sold $32,768.

1905 Reo 16HP Five-Passenger Touring

Photo – Bonhams

Ransom Olds is one of only a few people to have independently founded more than one successful automobile company. August Horch and Henry Leland come to mind, but I’m not sure who else. This 1905 Touring is from the second year of Reo production.

The 16HP was Reo’s two-cylinder model and it was offered in four body styles, with this being the largest. Four-cylinder and single-cylinder models were also offered. This largely original car comes from a Belgian collection where it has remained since 1994. 113-years-old, it should bring between $26,000-$38,000. Click here for more info and here for more from this sale.

Update: Sold $23,831.

1905 Reo Touring

Posted on by
Reply

1905 Reo 16HP Five-Passenger Touring

Offered by Bonhams | Beaulieu, U.K. | September 1, 2018

Photo – Bonhams

Ransom Olds is one of only a few people to have independently founded more than one successful automobile company. August Horch and Henry Leland come to mind, but I’m not sure who else. This 1905 Touring is from the second year of Reo production.

The 16HP was Reo’s two-cylinder model and it was offered in four body styles, with this being the largest. Four-cylinder and single-cylinder models were also offered. This largely original car comes from a Belgian collection where it has remained since 1994. 113-years-old, it should bring between $26,000-$38,000. Click here for more info and here for more from this sale.

Update: Sold $23,831.

Reo Speedwagon

Posted on by
Reply

1926 Reo Model F Speedwagon

Offered by Mecum | Indianapolis, Indiana | May 20, 2017

Photo – Mecum

Ransom E. Olds’ second company, REO, went out of business in 1975 after 30 years of producing nothing but trucks. Those trucks were a mainstay of the business since 1910 and have, whether you know it or not, kept the brand famous ever since. The Reo Speedwagon was a series of exceptional trucks that kept the business going for decades.

This Model F is powered by a straight-six that runs the rear wheels through a 3-speed transmission. It rides on 12 spoke wooden wheels with metal rims. There’s brass and chrome spotted throughout and it’s bodied as a transport bus. We love old commercial vehicles because they’ve survived against all odds – this one is no different. If it was used as a bus in the 1920s, it was probably abused and someone took the time to save it.

This is one of just 12 Speedwagons built in 1926. It’s been restored and is stated to be “wonderful for parades,” which is probably true because what else are you going to use it for? Mecum sold this bus in 2015 for $80,000 against an estimate of $75,000-$125,000 prior to any road testing. Now it is apparently running and is estimated to bring between $75,000-$100,000. Click here for more info and here for more from this sale.

Update: Not sold, high bid of $80,000.

Reo The Fifth

Posted on by
Reply

1914 Reo The Fifth 5-Passenger Touring

Offered by Mecum | Schaumburg, Illinois | October 6-8, 2016

Photo - Mecum

Photo – Mecum

As of 1975 (when the Reo brand finally bit the dust as a truck manufacturer), Ransom Eli Olds was one of three American men to have both of the automobile companies they founded still producing vehicles (the others being Henry Leland and Walter Chrysler). He founded Reo immediately after leaving Oldsmobile and the company set out to build the best cars they could at specific price points.

In 1912, Reo launched a model called “The Fifth” – it was an evolution of his previous cars and he called it the best car he knew how to build. It was his “farewell” car – the last one he would design before handing over the reigns to his company. It is powered by a 3.7-liter straight-four making about 30 horsepower. The car was interesting in that it introduced a center gearshift instead of those old externally mounted brass sticks everyone else was using.

This car, during a partial restoration at some point, had an electric starter added (though the original crank is included). The interior, which shows nicely, is original. While it might look like a run-of-the-mill WWI-era touring car, it really is a landmark automobile from one of America’s automotive greats. Click here for more info and here for more from Mecum in Chicago.

Update: Not sold, high bid of $9,000.

REO Royale

Posted on by
Reply

1931 REO Royale Sport Victoria Coupe

Offered by Silverstone Auctions | Aarhus, Denmark | May 28-29, 2016

Photo - Silverstone Auctions

Photo – Silverstone Auctions

Ransom E. Olds left Oldsmobile in 1905 after only eight years at the helm. He immediately founded REO which would actually last until 1975, producing only trucks after WWII. In the 1930s, many high-end American car companies were producing big, beautiful cars. REO wasn’t really known as a high-end company, but they jumped into that market with the Royale in 1931.

The model would last through 1934 and was offered in different body styles. The 1931 Model 35 range could be had as a Sedan, Victoria or four-passenger Coupe. It is powered by a 5.9-liter straight-eight making 125 horsepower. It’s no slouch when compared to its rivals. In fact, its styling is on par or better than some of its rivals.

This car was actually sold new in Denmark and was at one point actually used by the King (though it was never owned by the Royal Family). The current owner acquired it in 1981 and set about on a five year restoration. It is said that this is one of four such cars in Europe and it should sell for between $90,000-$105,000. Click here for more info and here for more from this sale.

Update: Not sold, listed for $92,500.

September 2014 Auction Highlights, Pt. II

Posted on by
Reply

Our next five auction results and highlights start with Bonhams Goodwood Revival sale, where the ex-Fox & Nicholl team car 1936 Lagonda LG45R Rapide race car broke a record for the marque, bringing $2,564,680.

Photo - Bonhams

Photo – Bonhams

Our featured OM Superba wasn’t far behind at $2,038,669. The pre-war Maserati Grand Prix car brought $984,190. Of the two Abarths we featured, the 2000 Sport Spider brought more, selling for $302,415 while the 1000 Sport Tubolare “only” managed $198,786. Interesting sales were topped by this ex-Alex Zanardi 1999 Williams-Supertec Renault FW21 for $148,864.

Photo - Bonhams

Photo – Bonhams

Our other feature car, the Chenard et Walcker, sold for $56,002. Check out full results here. Next up is Mecum’s Dallas sale, where this 1969 Chevrolet Corvette L88 Convertible was the top sale at $680,000.

Photo - Mecum

Photo – Mecum

Our featured Vector disappeared from the auction catalog (and not for the first time). A previously featured Locomobile failed to sell (and not for the first time either). Interesting cars were topped by the strong money put up for this 1935 Reo Speedwagon Pickup: $93,000.

Photo - Mecum

Photo – Mecum

Our featured Maxwell sold for $13,500 – a steal for a 100+ year old car. Check out full results here. Our third auction this go-round was Silverstone’ Autumn sale. This 1985 Ferrari 308 GTS bagged top honors, selling for $144,330.

Photo - Silverstone Auctions

Photo – Silverstone Auctions

Our feature cars both sold. The Lynx Eventer brought $46,863 and the Ginetta G15 $21,557. Check out full results here. We featured one car from Barrett-Jackson’s Las Vegas sale, the ’69 Mustang Boss 302. It sold for $88,000. The top sale was actually sold for charity, so the next top actual sale was this 2013 Lamborghini Aventador for $440,000. Click here for full results.

Photo - Barrett-Jackson

Photo – Barrett-Jackson

Finally, Coys’ Nurburgring sale, where our featured Shadow F1 car was the top sale for $582,900. Check out full results here.

Reo Express

Posted on by
Reply

1911 Reo Express Delivery

Offered by Bonhams | Greenwich, Connecticut | June 1, 2014

Photo - Bonhams

Photo – Bonhams

Reo (or REO, depending on who you ask. Both are correct) was Ransom Eli Olds second automobile company after, you know, Oldsmobile. Reo was founded in 1905 and car production start with light cars that gave way to some pretty snazzy stuff along the lines of Oldsmobile. In 1910 the company added a line of trucks. This truck business would keep the Reo name (on trucks) on the road through 1975.

The 1908 Reo Single-Cylinder ‘Model B’ was a successful road car and became the basis for the company’s early trucks – including this one. The engine makes eight horsepower and has a two-speed transmission. It is believed that this truck – like many like it – was built for the railroads to move luggage and cargo around a station platform.

This truck is listed as a “survivor” although it looks amazing. A lot of work has been done to it – although it’s never been restored. It’s a great driver and easy to use. It would be a lot of fun for between $25,000-$35,000. Click here for more info and here for more from Bonhams in Connecticut.

Update: Sold $22,000.

2014 Scottsdale Highlights II

Posted on by
Reply

The next auction we’ve got results on is RM’s annual Arizona sale. The big winner there was, no surprise, a 1958 Ferrari 250 GT LWB California Spider for $8,800,000.

1958 Ferrari 250 GT LWB California Spider

Our featured Chaparral did not sell while our featured, all-original, Duesenberg brought $2,200,000. Our other featured top-seller was the Porsche RS 61 for $2,750,000. The only other feature car that cracked the million dollar mark was the Hispano-Suiza J12 and it only hit $1 million with the buyer’s premium added on: $1,045,000. Interesting cars were topped by this 1960 DKW 3=6 Schnellaster Kastenwagen for $60,500.

1960 DKW 3=6 Schnellaster Kastenwagen

Another cool car was this 1905 Reo Two-Cylinder Five-Passenger Detachable Tonneau that also sold for $60,500.

1905 Reo Two-Cylinder Five-Passenger Detachable Tonneau

I really liked this 1937 Rolls-Royce Phantom III Sedanca de Ville by Park Ward. It looks awfully regal and makes me want to hire a chauffeur (even if it’s for my Honda daily driver). It sold for $440,000.

1937 Rolls-Royce Phantom III Sedanca de Ville by Park Ward

A previously-featured Abarth race car brought $46,750. The OSCA 750S sold for $660,000. This 1935 Lincoln Model K Convertible Roadster by LeBaron looks like a lot of fun. It brought $242,000.

1935 Lincoln Model K Convertible Roadster by LeBaron

And finally, our featured Fiat 8V by Ghia sold for $946,000. Check out full results here. Next up is “Super Saturday” at Barrett-Jackson (and also, Sunday – which is still going on as I write this). The top sale of Barrett-Jackson’s entire sale was our featured 1967 Chevy L88 Corvette Coupe for $3,850,000. Another top seller was this 1963 Cooper Monaco Shelby King Cobra which went for $1,650,000.

1963 Cooper Monaco Shelby King Cobra

The featured Duesenberg from this sale sold for $1,430,000. Another mega-bucks Corvette was the ultra-rare ZR2 we featured. It crossed the block for $495,000. For the same price, you could’ve bought this 1955 Talbot-Lago T26 Grand Sport (which I think I’d much rather have).

1955 Talbot-Lago T26 Grand Sport

One car that didn’t stand out to me until I read the lot description (and saw it cross the block on live TV) was this 1926 Packard Eight Model 443 Phaeton by Murphy that was customized at the request of its original owner, Rudolph Valentino. It sold for $264,000.

1926 Packard Eight Model 443 Phaeton by Murphy

The featured Plymouth Belmont Concept car failed to meet its reserve and thus did not sell. You can check out full results here.

Final Highlights from Monterey 2013

Posted on by
Reply

Two auctions left to cover. First, Gooding’s Pebble Beach sale put up some big numbers. Frankly, I’m really bored with million dollar Ferraris. And Mercedes Gullwings don’t do anything for me. Instead of listing the 30 (yes, that’s right) cars that hit the million dollar mark, I’ll just show what’s interesting. I will, however, show you the top sale, which was this 1957 Ferrari 250 GT 14-Louver Berlinetta for $9,460,000.

1957 Ferrari 250 GT 14-Louver Berlinetta

The next two highest selling cars were pretty interesting. First, this 1937 Bugatti Type 57SC Atalante went for $8,745,000.

1937 Bugatti Type 57SC Atalante

And then this. This result actually made me shout an expletive when I saw it. It’s a 1997 McLaren F1. A year or two ago, one sold for $2 million, which was way more than any other F1 before it. I remember 10+ years ago when these things were at exotic car dealerships around the country with a price tag of $800,000. This one sold for an astounding $8,470,000. This is a big deal. These cars will never be attainable ever again for mere millionaires. They have proven to be exquisitely collectible.

1997 McLaren F1

Feature cars! The Hispano-Suiza J12 was withdrawn from the sale. A previously featured and early Duesenberg Model J brought $2,365,000. The Ferrari F40 LM brought $2,090,000. Two other Ferraris failed to reach their reserves: the Ferrari FXX and the Ferrari 400 Superamerica. Cool cars? How about this ex-Michael Schumacher and Rubens Barrichello Grand Prix-winning 2002 Ferrari F2002? It sold for $2,255,000.

2002 Ferrari F2002

I really like this pre-Jaguar 1932 SS1 Coupe for $154,000.

1932 SS1 Coupe

Other feature cars sold: the Gurney-Weslake AAR Eagle brought $3,740,000. The Voisin C25 sold for $1,925,000. Gooding & Company, like RM Auctions, also sold a Ferrari N.A.R.T. Spider. This one happened to be a 365 GTB though, and “only” brought $720,000.

This huge 1914 Packard 1-38 Five-Passenger Phaeton was one of my favorite cars of the entire sale. It sold for a healthy $467,500.

1914 Packard 1-38 Five Passenger Phaeton

This ex-Harrah Collection 1915 Cretors Model C Popcorn Wagon was the first car cut from my “to be featured” list when time ran out. It sold for $374,500 – almost $100,000 more than the top end of its pre-sale estimate.

1915 Cretors Model C Popcorn Wagon

This 1948 Alfa Romeo 6C 2500 Competizione was one of the stars of the show. It was hammered away for $4,840,000. It’s the only one like it left.

1948 Alfa Romeo 6C 2500 Competizione

And finally, I thought this 1929 Bentley Speed Six Grafton Coupe by Freestone & Webb looked pretty sporty. But the price was a little too-sporting for my wallet: $2,860,000.

1929 Bentley Speed Six Grafton Coupe

Check out full results here.

And last but not least, Russo & Steele’s Monterey sale. Our featured Bizzarrini Prototype sold for $77,000. The top sale was this 1949 Ferrari 166 Inter Berlinetta by Stabilimenti Farina for $1,050,500.

1949 Ferrari 166 Inter Berlinetta by Satbilimenti Farina

Interesting cars were topped off by this 1935 REO Speed-Wagon Model 6AP Pickup. It sold for $110,000. Check out full results here.

1935 REO Speed-Wagon Model 6AP Pickup

Bonhams Greenwich Concours ’13 Highlights

Posted on by
Reply

Bonham’s annual sale held during the Greenwich Concours in Connecticut is the first sale of an active June. The top sale this year went to our featured Bugatti Type 43 for $875,000. Our next highest-selling feature car was the Pierce Great Arrow for $243,100. Among interesting sales was this 1917 Reo Model M Seven-Passenger Touring car for $24,750.

1917 Reo Model M Seven-Passenger Touring

And from the I-Should’ve-Read-The-Catalog-Closer File is this 1974 Bentley Corniche. I would have featured the car but I just glanced at the picture and assumed it was a Rolls. I was wrong. Now I’ll have to wait for one of the other 76 Bentley Corniche’s built to feature one. This one sold for $39,050.

1974 Bentley Corniche

We featured a pair of American Austins. They both sold for an identical $9,350 (each). One of the more unusual cars at this sale was this 1969 Fiat Michelotti Shellette Beach Car – one of only 80 built. It sold for $39,600.

1969 Fiat Michelotti Shellette Beach Car

Our final two feature cars both sold. The Mercer Series 5 Sporting brought $121,000. The ex-Harrah 1909 Mitchell sold for $39,600. And finally, one of my favorite automotive marques of all time was represented at this sale – it’s a 1911 Winton 17b Five-Passenger Touring and it’s big and beautiful and sold for $220,000.

1911 Winton 17b Five-Passenger Touring

Check out complete results here.