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Still saving for a McLaren F1? You’ll need to try harder as they’ve hit £6.2 million

This McLaren F1 sold for $10 million The price of the McLaren F1 keeps on rising, and just last year F1 chassis #66 was sold by Gooding and Co in the US for a then record-breaking £5.42 million. But that record seems to have been broken. Ferrari specialists DK Engineering in Hertfordshire have just spent six months tracking down an F1 for a British buyer, culminating in chassis #28 being sold for a reported £6.2 million ($10 million).

BMW i8 Spyder leaks ahead of Beijing

BMW i8 Spyder What looks set to be the BMW i8 Spyder, an open top version of BMW’s i8 eco supercar, has leaked ahead of a debut at the Beijing Motor Show. The gestation period for BMW’s i8 eco supercar started with the reveal of the BMW Vision ED Concept back in 2009, with a production concept – and the BMW i8 name – arriving last summer. And now, ahead of a debut at the Beijing Motor Show in April we get the first photos of the BMW i8 Spyder.

Ownership costs of traditional versus alternative fuel vehicles

As gas prices remain high, and an increasing number of automakers roll out plug-in hybrid cars and full-electric vehicles, it's becoming easier to be tantalized with the idea of driving right past the gas station and simply "plugging in." The debate ensues when it comes to cost: These alternative fuel vehicles mean a larger outlay of cash at the onset, but the long-term fuel savings could make the purchase worthwhile. To help straighten out this numbers game, we use the Department of Energy's Vehicle Cost Calculator to compare alternative fuel vehicles with their gasoline-only counterparts. For each scenario, we assumed that our hypothetical owner was able to get the full $7,500 federal tax credit and a $2,500 state tax credit, such as is available in California.