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Are used car prices about to spiral down?

CAP – the used car price specialists – are warning that used car prices, particularly ’almost’ new car prices, are set to tumble as nearly new cars hit the market. The car market in the UK has proved amazingly resilient to the general malaise in the economy, with new car sales continuing to rise strongly and used cars seemingly immune to big depreciation drops. But CAP – who gauge used car prices for the motor trade – are warning that this could be about to change as the impact of recent trading in new cars is about to start impacting on used car prices, particularly prices for cars less than a year old.

Vintech P550 Tribute – Porsche 550 reborn (2012)

French company Vintech will show this classy P550 Tribute coupe at the 2012 Pebble Beach concours this week. No prizes for guessing that it's inspired by Porsche's pert 550. The P550 Tribute is a carbon-bodied two-seater due to be shown at the The Quail: A Motorsports Gathering on 17 August 2012.

Porsche celebrates 2 million Facebook fans with museum car

Porsche hit 2 million friends on Facebook this week, and to celebrate, the company dedicated a car to all of them. The new Porsche Cayman S got a coat of white paint before each friend's profile picture was digitally added to the surface. They're all tinted in red, giving the car a candy-coated look, and the front-plate area reads "100% Porsche, 100% you." Fans also were asked to vote for their favorite historic racing livery.