Third owner original car with low miles, original paint, no rust or accidents

In ’87 Cadillac introduced their Allante to help their dealers compete against Mercedes and Jaguar who sold luxury sedans AND sexy sports cars. GM formed a partnership with Ferrari to build their “deluxe sports car” in Italy. GM sent Seville floor pans to Italy without engines or transmissions. The chassis were shortened and the custom convertible body was fabricated, the interior was built and 56 finished shells were flown in special 747’s to Michigan for engines and drive trains. This 4,600 mile flight labeled it the “the longest assembly line in the world”.

From ’87 to ’93 they produced 21,430 cars. Pininfarina (Ferrari) modified the chassis and fabricated aluminum hoods and trunks to lighten the car for higher performance. In ’93 there were 4,670 produced. ‘93’s featured the new Northstar 4.6l V-8, dual overhead cam series with 300 hp. Performance results were 0-60 mph in 6.4 sec., the quarter mile in 15 sec @ 93mph and topped out at a claimed 140 mph. They were selected for the ’93 Indy pace car and only needed a seat belt, roll bar and different air intake to be fast enough to lead the field.

I bought this two-owner, original, “survivor” with 55,000 miles in 2014. In 1993 it was a high school graduation gift for a young man in Covington, TN. Imagine in ‘93, $63,000 (over $100,000 + 2017) as a high school gift, I can’t. I haven’t had to do any major repairs, but it seems with an Allante there can be a few minor details to look after. This is a common issue with low production cars that feature many “great new innovations”. It now has 58,620 miles and according to Hagarty, a class #1 has a value of $27,900 and average asking price is currently $13,109. This car is now 24 years old and cars become antiques at 25, when the real value starts climbing.

Car has original paint, top, interior and mechanical parts in good condition, but with signs of age, a few very minor dings and door switch bugs. The original wheels are also included, but one has minor curb rash so the second owner installed new BBS wheels. I installed several minor improvements and repairs to maintain the value of this true “Classic”.