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Panoz Auto Development Company produced a limited-production Roadster which they launched in 1992. This was followed by the Panoz AIV Roadster which was introduced in 1997 and utilized a new extruded space-frame structure and many lightweight aluminum parts, including the all-aluminum Ford Mustang SVT Cobra V-8 engine, with dual overhead camshafts and four valves per cylinder. With about 70 percent aluminum construction, the Roadster was given the AIV moniker, denoting Aluminum Intensive Vehicle, the first such car built by an American manufacturer.
The AIV Roadster's body panels were bonded to the car's frame with specially developed adhesives. Taking about 350 hours to build, these were never mass-produced vehicles. It had an open cockpit design, a simple folding top, and side curtains for weather protection. Weighing just 2,650 pounds, zero-to-sixty took a mere 4.6 seconds with a top speed in the neighborhood of 140 mph. When new, the Roadster sold for $65,000. Among the legendary honors was Aerosmith's frontman, Steven Tyler.
Produced briefly through 1999 with approximately 10 sold as 2000 models, total AIV Roadster production amounted to just 176 units plus six prototypes.
This example is finished in yellow with black rear-fender guards and a black leather cockpit. It is a late-production 1999 Panoz AI Roadster that came equipped with new with optional wind wings, floor mats, and the aluminum accent package. In 2006, the current owner acquired it with just 77 miles traveled from the original owner, a Chicago-area automobile dealer, and collector. it currently has 680 miles on the odometer.
In 2013, the car was offered for sale at the Russo & Steel auction in Scottsdale, Arizona. As bidding came to a close, the car had been sold for the sum of $38,500 inclusive of the buyer's premium.By Daniel Vaughan | Feb 2013
The AIV Roadster's body panels were bonded to the car's frame with specially developed adhesives. Taking about 350 hours to build, these were never mass-produced vehicles. It had an open cockpit design, a simple folding top, and side curtains for weather protection. Weighing just 2,650 pounds, zero-to-sixty took a mere 4.6 seconds with a top speed in the neighborhood of 140 mph. When new, the Roadster sold for $65,000. Among the legendary honors was Aerosmith's frontman, Steven Tyler.
Produced briefly through 1999 with approximately 10 sold as 2000 models, total AIV Roadster production amounted to just 176 units plus six prototypes.
This example is finished in yellow with black rear-fender guards and a black leather cockpit. It is a late-production 1999 Panoz AI Roadster that came equipped with new with optional wind wings, floor mats, and the aluminum accent package. In 2006, the current owner acquired it with just 77 miles traveled from the original owner, a Chicago-area automobile dealer, and collector. it currently has 680 miles on the odometer.
In 2013, the car was offered for sale at the Russo & Steel auction in Scottsdale, Arizona. As bidding came to a close, the car had been sold for the sum of $38,500 inclusive of the buyer's premium.By Daniel Vaughan | Feb 2013
2013 Russo & Steele - Scottsdale
Sale Price :
USD $38,500
1999 Panoz AIV Roadster Auction Sales
Recent Sales of the Panoz AIV Roadster
(Data based on Model Year 1999 sales)
1999 Panoz AIV Roadster Chassis#: 1P9PA1829XB213024 Sold for USD$70,000 2020 RM Sothebys : Scottsdale Arizona | |
1999 Panoz AIV Sold for USD$31,350 2018 Russo & Steele : Scottsdale | |
1999 Panoz Aiv Roadster Chassis#: 1P9PA1824XB213030 Sold for USD$38,500 2013 Russo & Steele - Scottsdale | |
1999 PANOZ A.I.V. ROADSTER Sold for USD$44,000 2005 Barrett-Jackson - PALM BEACH 2005 | |
1999 PANOZ AIV ROADSTER Sold for USD$37,950 2004 Barrett-Jackson - Scottsdale 2004 | |
1999 PANOZ A.I.V. ROADSTER Sold for USD$40,150 2003 Barrett-Jackson - Scottsdale 2003 | |
1999 Panoz A.I.V. Roadster Sold for USD$44,280 2002 Russo and Steele - Scottsdale 2002 |
Panoz AIV Roadsters That Failed To Sell At Auction
1999 Panoz AIV Roadster's that have appeared at auction but did not sell.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
---|---|---|---|---|---|
1999 Panoz AIV Roadster | 1p9pa1820xb213011 | 2024 Mecum : Houston | $45,000 | ||
1999 Panoz AV Roadster | 2019 Mecum : Kissimmee | $31,000 | |||
1999 Panoz AV Roadster | 2019 Mecum : Kissimmee | $25,000 | |||
1999 PANOZ ROADSTER 10TH ANNIVERSARY | 2015 Mecum Dallas |
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1999 Panoz AIV Roadster
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