Barrett-Jackson 2020

First 2021 Lexus LC 500 Convertible sold for $2 million

All the proceeds from the sale of the model benefit charity.

Photo courtesy of Toyota Motor Sales, U.S.A., Inc.

The first production model fo the 2021 Lexus LC 500 Convertible has been auctioned off for charity at the annual Barrett-Jackson Scottsdale Auction. One-hundred percent of the hammer price benefits the Boys & Girls Clubs of America and the Bob Woodruff Foundation.

Lot #3003 featured the 2021 Lexus LC 500 Convertible Inspiration Series VIN 001. There will only be 100 Inspiration Series models sold. The Series features design attributes not found in any other LC.

2021 Lexus LC 500 Convertible A buyer purchased the unique lot at auction for $2 million.Photo courtesy of Toyota Motor Sales, U.S.A., Inc.

The lot winner receives the first model in the Inspiration Series. It will carry VIN 100001. It has exclusive features not found on any other Inspiration Series, including one-off color accents such as Liquid Platinum-colored headlamp garnishes, side intake garnishes, side mirror bottoms and taillamp garnishes. It also comes equipped with Liquid Graphite-colored forged alloy 21-inch wheels with gloss black accents, blue brake calipers the that match the Structural Blue paint job, and a carbon-fiber scruff plate that is imprinted with "LC Inspiration Series Launch Exclusive 1 of 1."

The winner also gets a custom Zero Halliburton luggage set, autographed memorabilia, an exclusive Lexus experience and more. Delivery of the vehicle is expected in July 2020.

Lexus introduced the LC 500 Convertible at the 2019 Los Angeles Auto Show. The model is more than just a LC 500 with the roof chopped off. It has unique features and attributes that help it achieve a sleek and nearly seamless design.

Each LC 500 Convertible has a 5.0-liter V8 engine under the hood that is paired with a 10-speed automatic transmission and achieves 471 horsepower and 398 pound-feet of torque.

For more information on the LC 500 Convertible, click here.

Trending News

 
 

Rare V8 roadster

This BMW Z8 is worth its price tag

The BMW Z8 is a modern classic.

Bring a Trailer

We could spend all day bemoaning car auctions' impact on vehicle pricing. Sites like Bring a Trailer and Cars and Bids invite frenzied buyers to offer wild sums of money for cars that might otherwise be considered ordinary. Some vehicles on those sites, however, are worth the coin, and we think this 2001 BMW Z8 is one of them. The 22,000-mile car's auction is almost over at the time of this post, and its sky-high price tag is actually warranted. The BMW Z8 is exceedingly rare to begin with, but this car's color combination of black over tan leather makes it even more of a unicorn, as only 229 were made in that combination.


BMW Z8 The Z8 took inspiration from BMW's classic roadsters.Bring a Trailer


Even the car's designer is noteworthy. Though he may be focusing on his own electric vehicle brand now, Henrik Fisker's 12-year run at BMW was the stuff of legend. Fisker's work included the design for the Z8, as well as contributions of the original X5 SUV, which is now part of an expansive BMW SUV and crossover lineup.

The Z8 reached legend status when it shuttled Pierce Brosnan's James Bond in The World Is Not Enough, but the cars were (and are) worthy of standing on their own. Under the hood, BMW installed a 394-horsepower 4.9-liter V8, which gave the car a claimed 0-62 mph time of just 4.2 seconds. That power reached the rear wheels through a six-speed manual transmission, and this car has had maintenance performed to keep the drivetrain purring for years to come.


2001 BMW Z8 This Z8's color combination makes it exceedingly rare.Bring a Trailer


If you're wondering where this Z8's current bid price of $162,500 lands on the car's overall value spectrum, there's some good news, depending on how you view spending six figures on a car. Hagerty estimates that a Z8 in good condition should draw around $155,000, while a car in excellent condition should get $199,000. This car's mileage and condition match up with its price, which falls on the lower end of that range, and should allow it to be an actual driver for the right person. After all, what's the fun of buying a car just for display?

Trending News

 
 

Hyundai employees present a check for $25,000 to Kids Meals Inc.

Photo courtesy of Hyundai Motor America

Long after the last of the snow and ice has melted, Texans are still feeling the effects of the winter storms that made their way through the region in February. Part of those ongoing effects have been food insecurity, which was already a problem in the area, and throughout the country, due to the economic effects of the COVID-19 pandemic.

Hyundai Motor America and its Central Texas dealers recently donated $75,000 in support of ongoing relief efforts.

"Far too many children and their families are experiencing food insecurity made worse by the pandemic and the recent winter storms in Texas," said John deNeve, General Manager, South Central Region, Hyundai Motor America. "That is why we have partnered with Kids' Meals Inc. and the Central Texas Food Bank, to bring much-needed relief to the most vulnerable families across Central Texas."

Kids' Meals Inc. in Houston received $25,000 on May 26. Hyundai's donation will help provide 12,500 free healthy meals to children and families across Houston and Harris County over the next four weeks.

An additional donation of $25,000 was given to the Central Texas Food Bank in Austin on May 29. This donation from Hyundai will help provide 100,000 meals for the estimated 470,000 Central Texans in need of food assistance. Local Austin Hyundai dealer Scott Stark of South Point Hyundai provided a matching donation of $25,000.

"We're so grateful to Hyundai for being such a great community partner," said Derrick Chubbs, President and CEO of the Central Texas Food Bank. "This generous donation of $50,000 to help fight hunger here in Central Texas will provide 200,000 meals for our neighbors in need. Demand for our services is still extremely high as a result of the pandemic and February's winter storms, so this donation will be vital in helping us meet the elevated need."

Trending News