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Welcome Back, Car Enthusiasts to Turbo Times - your gateway to the world of cars!
Watching idiots in cars is something of a guilty pleasure of ours, so we thought why not show them to you too?
Starting off this week with someone who is very lucky that the barrier was well constructed…
He even added more throttle halfway through 🤦♂️
News from The Paddock
Unveilings
The Night Racer: Maserati MC20 Notte Edition
Maserati stuns with the limited edition MC20 Notte, a dark twist on the acclaimed MC20. Limited to just 50 units globally, this exclusive model is a nod to Italian elegance and racing heritage. It features a striking matte black paint job contrasted with white gold accents and a robust 631bhp V6 engine. Inside, the Notte offers luxury with a minimalist approach, featuring Alcantara seats with yellow stitching and extensive carbon fiber accents. Available exclusively as a coupe, this limited run exemplifies Maserati's commitment to bespoke craftsmanship and performance. A true collector's item, the MC20 Notte is not just a car but a statement on wheels. Click the video below to see the amazing unveiling video 👇
McLaren 750S 3-7-59 Edition: A Tribute to Racing Glory
McLaren pays homage to its 'Triple Crown' victories with the 750S 3-7-59 Edition. Limited to just six units, this supercar features a twin-turbo V8 engine delivering approximately 740bhp of power and 800Nm of torque. It achieves a blistering -62mph in just 2.8 seconds, with 0-124mph in a mere 7.2 seconds. This series is a rolling canvas featuring over 1,200 hours of detailed paintwork to represent McLaren's triumphs in the 1974 Indy 500, 1984 Monaco Grand Prix, and 1995 Le Mans. This art car series is a true celebration of McLaren's racing heritage, making each of the six editions a prized collector's item. View the making of the beast in the video below. 👇
Sale of the Week
A 2019 Porsche 935, the 49th of only 77 examples built, was sold for an impressive $1,626,000 on Bring a Trailer. This track-only homage to Porsche’s 70th anniversary and its original 935 racing platform boasts a twin-turbocharged 3.8L flat-six engine, delivering a formidable 700 horsepower to the rear wheels. Not just a powerhouse, the 935's carbon-fiber-composite bodywork is adorned with the Interscope livery, a direct callback to the 1979 Daytona winner, merging history with modern engineering.
The car's racing-optimized features include a limited-slip differential, slotted and ventilated Brembo disc brakes, and adjustable ABS, traction control, and ESC. Inside, a single Recaro wraparound racing seat, air conditioning, and a laminated wood shift knob enhance the driver's experience. Initially purchased for $1,325,000 at the Pebble Beach Gooding & Company auction, it had only 17 miles on the odometer before the selling dealer added 73 miles, bringing the total to a mere 90.
Buying Guide
🚗 Understanding Financing Options
Navigating auto loans and leases can be complex, but understanding your options can lead to a better financial deal when purchasing a car. Here's a brief guide:
Types of Auto Loans:
Secured Loans: Require the car as collateral, generally have lower interest rates, but risk repossession if defaulted.
Unsecured Loans: Don't require collateral but typically have higher interest rates and tougher approval criteria, especially for those with poor credit.
New vs. Used Car Loans: New car loans usually offer lower interest rates with longer terms, whereas used car loans tend to have higher rates and shorter terms.
Lease Agreements: Allow you to rent the car for a set period; usually require lower down payments and monthly payments, but larger down payments reduce monthly costs.
Refinancing: Can lower interest rates and monthly payments of an existing loan, mainly suitable for those who have paid off most of their original loan.
Financing Options:
Dealership Financing: Convenient but may have higher interest rates. Watch for special incentives and read the fine print to avoid unnecessary add-ons.
Bank Loans: Often offer lower interest rates but with stricter credit requirements. They allow you to know your budget before shopping.
Credit Unions: Typically offer the best interest rates and personalized service but may have membership requirements.
Credit Scores:
Your credit score significantly affects your loan options. Higher scores can secure lower interest rates, while lower scores might lead to higher rates or even application refusal.
Remember, thorough research and comparison of these options can lead to the best financial solution for your car purchase.
Upcoming Automotive Events
Muscle Car and Corvette Nationals: Rosemount, USA, Saturday, November 18th - Sunday, 19th November
This Week in Automotive History
November 9, 1964 - The Launch of the Iconic Ford Mustang
This week in automotive history, we revisit a momentous day in the American auto industry - November 9, 1964. This date marks the launch of the iconic Ford Mustang, a vehicle that would revolutionize the American car market and introduce the world to the “pony car” class.
The Birth of an Era
More than a mere display of the latest carriages and contraptions, the 1900 auto show marked the burgeoning of an industry and the public's growing fascination with the automobile. It wasn't the inaugural auto exhibition nor the first such event at Madison Square Garden, but it was unprecedented in scale and scope.
1964 Ford Mustang
A New Class of American Muscle
The Ford Mustang, first showcased at the New York World's Fair, brought a fresh, youthful vibe to the American automotive scene. With its sporty design and affordable pricing, the Mustang instantly captured the hearts of a generation looking for both style and performance.
The Mustang Phenomenon
The Mustang's impact was immediate and profound. It not only created a new segment – the pony car – but also became a cultural icon, appearing in movies, music, and television. Its appeal was so widespread that Ford sold over 400,000 units in the first year alone, far exceeding initial expectations.
Original Ford Mustang Advertisement
Legacy of the Mustang
Today, the Mustang continues to be a symbol of American automotive ingenuity and passion. Over the years, it has undergone numerous transformations, adapting to changing tastes and technologies while retaining its essence as an accessible, powerful, and stylish vehicle.
2023 Ford Mustang
Industry Insights
Quantron AG and Ford Trucks have signed a Letter of Intent for a joint development project focusing on integrating Quantron's innovative hydrogen fuel cell technology into Ford Trucks' vehicles. This collaboration will primarily involve heavy-duty trucks, aiming for emission-free transport solutions. Quantron's expertise in zero-emission drivetrains, including over 200 delivered vehicles, complements Ford Trucks' commitment to electrification and hydrogen technology. This partnership marks a significant step in advancing sustainable mobility in the commercial vehicle sector, with both companies committed to reducing emissions in line with global sustainability goals.
Hyundai Motor Group is set to open its first smart urban mobility hub, Hyundai Motor Group Innovation Center Singapore (HMGICS), on November 21, 2023. This facility will serve as a revolutionary platform combining human and robotic processes, focusing on intelligent automotive manufacturing. HMGICS aims to transform mobility production, customer experience, and sustainable solutions, reinforcing Singapore's role as a leader in future mobility. The hub integrates into Singapore's smart city ecosystem, aligning with the vision of creating a sustainable future and redefining traditional manufacturing methods.
Thanks for tuning into this week’s TurboTimes. We’ll be back again next week to bring you all the updates on the world of cars.
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