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LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too

LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.

Auctions America revitalizes former Kruse sale

Despite a few close calls and false starts, Auburn, Ind., remains a town where two large operators hold collector-car auctions at the unofficial end of summer. Worldwide Auctioneers continued at its regular space (though with a much larger sale), and the new kid down the street, Auctions America by RM, took over where Kruse had faltered. Auctions America held a successful rookie effort at the former Kruse Auction Park in Auburn.

Exclusive: Laurens van den Acker to replace Patrick le Quément at Renault

The wheels of change are continuing to turn within the automotive design industry, with yet another new appointment being made at the director level. According to industry insiders, Laurens van den Acker is set become the new Design Director at Renault when Patrick le Quément retires later this year. One of the most pre-eminent car designers in the world, Patrick le Quément began his design career at Simca, worked at Ford for 17 years and did a brief stint at Volkswagen before taking the top design job at Renault.