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Classic car prices on the up: Jaguar D-type sells for £3 million

Classic car prices seem to be ever-rising, with historic models becoming an investment to rival buying property or gambling on the stock market. The inaugural RM Auctions Paris sale this week was a case in point, and resulted in nearly £15 million’s worth of the world’s rarest and most exotic cars going under the hammer. Four cars alone went for in excess of £1 million, and a Jaguar D-type sold for three times that amount.

Mini John Cooper Works WRC (2011): launch news

Mini John Cooper Works WRC: the rollcage in detail Mini WRC goes flat-out in France - VIDEO Mini has today officially launched its WRC campaign in the UK, at the company’s Cowley base on the outskirts of Oxford. For the first time, the WRC team – run in conjunction with Prodrive – also revealed its ambitious strategy: to be challenging for the WRC championship by 2013. That’s despite the fact that the car debuts part-way through the 2011 season, contesting just six rallies.

London 'most costly' for car cover

MOTORISTS living in London faces paying almost four times the amount that a driver in the Isle of Man would spend on their car insurance, a study has revealed. AA Insurance, which compiles an index of the typical cost of car insurance for someone who shops around, named London as the most expensive place in Britain to insure a car, followed by the postcode area of IG, which includes Ilford, Chigwell, Woodford Green, Buckhurst Hill, Loughton and Barking, with Greater Manchester in third place. The IM (Isle of Man) postcode was found to be the cheapest place to insure a car, with the average quote for someone there who shops around standing at £231.