My dream has come true. Always loved the classic Fiat 500 and yesterday drove one for the second time and it’s ELECTRIC. It’s a beauty . And there’s more than one. Electric with classic style. All boxes ticked. https://electricclassiccars.net/
Welcome to our latest news page. Here we'll be discussing what's new in the classic car industry.
Porsche Announces Plans to build the 911 Speedster
Porsche Announces Plans to build the 911 Speedster - Concept car unveiled in June to become a reality.
The model here is the concept edition of the Speedster but it’s likely the production model will look very similar. Whilst the chassis, engine and gearbox are borrowed from the GT3 (a naturally-aspirated flat-six producing over 500bhp), the body is based on the Carrera 4 Cabriolet but with shortened window frames, a more steeply-raked windscreen, a carbon fibre rear deck and carbon front wings. It has also been given new 21-inch centrelock wheels, red-tinted daytime running lights, red headlights and a black leather interior. Hopefully, it will keep the Guards Red exterior reminiscent of the 911 Speedsters of the 1980s.
The Speedster will go into production early next year. And we can’t wait to see the result.
Ferrari 250 GTO sells for £48.4 Million!
It’s been only a few days since everyone began bemoaning the absurd price of the Bugatti Divo. At £4,500,000, it’s expensive enough to make even
the most ostentatious of oligarchs swallow their Adam’s apple in shock.
The car that sold just yesterday at an auction in California however makes the Divo look like a bit of Primark amongst Armani.
This very beautiful Ferrari 250 GTO you see here - sporting the rather lovely Series II body - just sold for an absolutely gobsmacking $48.4MILLION!!
That’s just over £37,500,000 for those of you on this side of the pond. In other words, you could buy 8 Bugatti Divos for the price of this
one car and still have £1.5million change!!
This breaks the record for the most expensive car sold at a public auction. Notice the use of the word “public”, because a couple of months ago
at a private auction, a different 250 GTO sold for a staggering $70MILLION!!
The GTO that sold yesterday is a particularly special one, as it was the 3rd of the 36 cars to come off the production line.
It was then thoroughly put through its paces by Formula 1 world champion Phil Hill in preparation for the 1962 Targa Florio.
We can only presume his testing did some good, because the car went on to win the TF for the following 2 years, and it also won
the Italian National GT Championship in 1962.
Today, it still retains its original engine, gearbox, and body. Having been in the collection of Gregory Whitten for two decades,
it’s now gone to another home for the price of nearly fifty-million dollars!
Photo credits: RMSotheby's
Tom Hardy @ Classic Chrome Today!
Classic Chrome is the place to find lots of Celebs.....
Tom Hardy just posted this photo on his Instagram page of him and his friend with the Audi R8 @ our showrooms this morning -
Driving Requirements in Europe
Take a journey through this quick guide to what you need to know for your European destination.
Click here for an interactive map
New MOT Rules effective 20th May 2018
MoT exemption changes 2018: 13 things you need to know
On 20 May 2018, the UK's MoT laws will undergo a major overhaul with significant consequences for classic car owners.
So what's happening? And how will the changes affect you?
Well, it's complicated.
But don't worry, we've broken it all down for you in this simple guide below.
1. Classic cars more than 40 years old will no longer need an MoT...
This is the big one for classic car enthusiasts. Whereas before only cars first registered before 1960 were exempt from needing an MoT, the new rules apply to any car first registered more than 40 years ago – with some exceptions, which we'll go into below.
That means that most cars first registered before 20 May 1978 will no longer need an MoT once the new regulations come into effect. What's more, the '40 years' rule is a rolling date. So if your car was first registered on 1 June 1979, you won't need an MoT after 1 June 2019. And so on.
2. ...unless they do
As always with these things, there are exceptions. Lots of them.
The main one, which created a fair bit of confusion when the changes were first announced, is that the 40-year rule does not apply if the vehicle has been substantially changed in the past 30 years.
There was, obviously, some consternation about this clause – what constitutes 'substantial change'? – but late last year the government clarified the issue.
You can read the full government guidelines here (warning: they're long), but in short, the rules state that 'substantially changed' refers to the technical characteristics of the main components being altered, where the 'main components' are:
- Chassis and Monocoque bodyshell changes
- Axles and running gear, specifically alterations of the type/method of suspension or steering
- Engine changes, although merely changing the cubic capacities of the same basic engine should be fine
3. There are loads of exceptions to the exceptions
To further complicate matters, the 'substantial changes' rules are themselves subject to lots of sub-clauses. For instance, they won't apply if:
- the changes were made to preserve a vehicle where original parts are no longer available
- the changes were made when vehicles of the type were in production or in general use (within ten years of the end of production)
- changes were made to axles and running gear in order to improve efficiency, safety or environmental performance
4. Certain other types of vehicle are not exempt, even if they haven't been substantially changed
There are several of these, but the most common will be commercial vehicles, with the rules stating that "large goods vehicles (i.e. goods vehicles with a maximum laden weight of more than 3.5 tonnes) and buses (i.e. vehicles with 8 or more seats) that are used commercially will not be exempted from periodic testing at 40 years".
Vehicles that are still in production are not exempt, either – though we're struggling to think of many models that have been in production for more than 40 years anyway.
Cars (and motorbikes) with a Q registration will also still need to be tested, as will kit cars assembled from different makes and models, or kit conversions that add new parts to old, and 'reconstructed classic vehicles' as defined by the DVLA.
However in each of these four cases, if your vehicle is taxed as a historic vehicle and hasn't been substantially modified in the past 30 years, it can still be considered to be a Vehicle of Historic Interest (VHI).
Still with us?
5. Classic cars which didn't need to be MoT tested before may now need to be
Oddly, given that so many more cars now won't need to be tested (estimates put the figure at 293,000 more exemptions), there are some older cars that will now fall foul of the regs.
Until the 20 May changes, most cars first registered before 1960 were exempt from the MoT laws. After 20 May, the 'substantially changed' rules will apply. So if you own a 1959 XK150 that's got a different engine in, you'll now need an MoT to be able to drive it on public roads.
Then again, if you own a 1959 XK150, why have you put a new engine in it anyway?
6. Even if you don't need an MoT, you will still need to keep the car in good nick
This one's obvious, but the rules clearly state that you are still obligated to "keep the vehicle in a roadworthy condition".
They also suggest they you can voluntarily get the car tested, and that's certainly something we'd advise unless you really know what you're doing.
7. To get exemption from the MoT you'll need to register as a Vehicle of Historic Interest (VHI)
When taxing your car, you'll need to declare that it is exempt from the MoT process, and confirm that it has not been substantially changed in the past 30 years.
You'll also need to have registered it as a VHI – which you'll do at a Post Office by completing a V112 declaration form.
If it's not registered as a VHI or has been substantially changed, you'll still need an MoT to keep driving it.
8. Not everyone is a fan of the new rules
So why are these changes happening? Well, it's ultimately down to the Department for Transport, who say that historic vehicles are generally well maintained and used mostly for short journeys, and that the modern MoT is no longer relevant to cars over 40 years old.
But clearly, many people in the classic car world don't agree. The DfT consulted with 2141 individuals, clubs, trade bodies and businesses before making its decision, and of those just 899 were in favour of extending the exemptions, with 1130 opposed.
Many of those questioned cited safety concerns, although the option will remain for owners of pre-1978 classics to voluntarily submit their vehicles for an MoT. It's worth noting, though, that just 6% of owners of pre-1960 vehicles – those currently exempt from the test – still undergo testing.
The Federation of British Historic Vehicle Clubs (FBHVC) was heavily involved in the consultation process – you can read some thoughts from them on the issue here.
9. There are plenty of other MoT changes coming into effect
This is one of the biggest overhauls of the MoT process for years, with changes that will affect every car on the road. The exemptions for classic cars are among the biggest differences from the previous regulations, but every driver, however old their vehicle, should be aware of the new rules.
10. Most of the changes are to comply with EU laws
Regardless of where you stand on the whole Brexit thing, it's a fact that right now the UK remains part of the EU – and that means we have to comply with EU Directive 2014/45, which comes into force on 20 May 2018.
Not only could the government receive substantial fines for failing to comply, but drivers without an EU-compliant MOT might not be allowed into other EU countries.
All that said, the change that we're mostly concerned with here – that which affects classic cars – is purely a UK government decision.
11. The new MoT test will be more rigorous
Assuming you own a post-1978 classic, or have substantially changed your vehicle in the past 30 years, you'll need to get to grips with the new test.
The main change is that MoT testers will use a new system of recording faults, with all defects categorised as either Dangerous, Major, or Minor.
A Dangerous or Major defect will mean that the car can not be driven until it's repaired, whereas a Minor one should be repaired but can be driven in the meantime, and won't result in a fail. Testers can also still give Advisories if they choose.
The results will also now be presented in new, simplified forms.
12. Diesel cars will find it tougher to pass
The war on diesel isn't going to end any time soon, and the new rules state that you'll get an instant Major fault and a fail if there's any smoke coming from the exhaust at all. You'll also get a fail if there's any evidence that the diesel particulate filter (DPF) has been tampered with.
Emission levels will be tested against the manufacturer’s plate value, and if there isn't one then the tester will use a new – and lower – default limit.
13. You should probably read the full government guidelines
We've tried to cover everything here, but as we've said there's a lot of info and many, many exceptions and clauses. So we suggest you check out the government's full guide to the changes if you think they're going to affect you.
Jennifer Saunders Tweet on our 'electric' Fiat 500
Classic Chrome's 'Electric' Classic Fiat 500's are coming...
Classic Chrome's new venture - 'Electric Classic Fiat 500's' are arriving this month!
Prices will start @ £25,000 depending on specification...
Call us today to book your test drive!
020 8876 8171
Alloy-bodied Daytona discovered in Japanese barn
World’s only road-going alloy-bodied Daytona discovered in Japanese barn!
'Electric' Porsche 911 now @ our showrooms
The fabulous 1979 Porsche 911 SC Targa that was converted to 'Electric' power by the Electric Classic car Company has now arrived at our showrooms and is on sale @ £85,000!
This unique Porsche 911 3.0 SC Targa was first registered on 19th November 1979 and has covered just 500 miles since the conversion to 'electric' power!
It has just been fully restored and converted to electric power by the Electric Classic Car company and the works included a complete bare metal restoration with numerous parts having been fitted throughout.
The Engine was removed and replaced with a maintenance free and air cooled 100kw brushless 3 phase AC double winding Electric Motor mated to the original 5 Speed Manual Gearbox and it produces 220lbs of torque from '0' mph.
The batteries are from a Tesla Roadster and there are 18 of these 3 kwh batteries (54 kwh's in total) split over both front and rear of the car - approximately 48/52 for optimal weight distribution and a recent study found that the Tesla batteries will last to about 95% of their original capacity over 300k miles and the electric motor also has a similar lifespan.
The Braking system has also been upgraded with a new larger Master Cylinder and new Ventilated Discs with 8 pot Brake Calipers to manage the additional power generated from the electric motor in this car!
It has an 'Eco' mode and a 'Power' mode button on the dash which allows you to have what power you require and it also has 'Regenerative Braking' (charges batteries on deceleration), EZ electric Power Steering, Electric Heating, New Braid replica Fuchs Alloy Wheels with new Pirelli Tyres, Electric Porsche Boxster Seats, new LED Headlights and a Type 2 on-board 7kw charging system with the plug under the petrol flap, Alarm/Immobiliser with Central Locking, and a Porsche Classic Stereo with built in Sat Nav.
This example has been modified to resemble an early 1970's 911E and these modifications included a complete chrome trim set, opening chrome 1/4 lights, polished stainless Targa Roll-Over Bar, new Engine lid and grille (original Spoiler removed) and Gold 911E badges.
The 0-60mph is around 7 seconds and very similar to the original car, but it feels significantly quicker due to the max torque effect of the electric motor from stand stiil and the range with this set up is around 200 miles, although this is dependant upon driving style.
Watch this video for more details: https://www.youtube.com/watch?v=rIil_VwBGYM
Also featured in August's 911 & Porsche World magazine.
Upon sale it will come with our own customer care package including a 55-point pre-delivery inspection and 12 months Mechanical Breakdown Parts & Labour Warranty which can be upgraded and extended at additional cost if required. The Electric Motors require no maintenance and should last for in excess of 10/15 years if not longer and the tesla Batteries the same!
This is a very unique car which is just the start of the 'electric revolution' for Classic Cars!
The 'Electric' Porsche 911 SC Targa
The 'Electric' revolution of Classic Cars has begun!
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