Studebaker Avanti
1964 Studebaker Avanti
Produced: 809
Original Price: $4,445
Average Auction Sale: $42,616
Median Auction Sale: $41,800
Chassis Profiles
Produced: 809
Original Price: $4,445
Average Auction Sale: $42,616
Median Auction Sale: $41,800
Chassis Profiles
1963 Studebaker Avanti
Produced: 3,834
Original Price: $4,440
Average Auction Sale: $21,868
Median Auction Sale: $20,900
Chassis Profiles
Produced: 3,834
Original Price: $4,440
Average Auction Sale: $21,868
Median Auction Sale: $20,900
Chassis Profiles
1963 Studebaker Avanti R2
Original Price: $5,291
Average Auction Sale: $51,527
Median Auction Sale: $36,288
Chassis Profiles
Original Price: $5,291
Average Auction Sale: $51,527
Median Auction Sale: $36,288
Chassis Profiles
During the late 1930s, Studebaker was again able to turn a profit, and their business began to prosper. After World War II, they were the first American company to introduce new and dramatic designs while their competition continued to create outdated vehicles. By the close of the 1950s, the Studebaker Company was once again faced with staggering sales. In an attempt to redirect their misfortune, Raymond Loewy, a renowned industrial designer, was hired to create a performance car. With the help of three other designers, Loewy began creating a new vehicle that would surely resurrect the troubled company. Locked in a private cottage for two weeks, the team was able to create a clay model accompanied by detailed drawings, which they presented to Studebaker.
Studebaker quickly began creating the car, but since money was scarce, the company performed many cost-cutting measures such as modifying a Studebaker Lark convertible chassis and using that as the basis for the vehicle. By 1962 the car was ready and dubbed the Avanti, Italian for 'forward'. It was an instant love-or-hate design. Since this was to be a performance car, Studebaker employed the services of Andy and Joe Granatelli to modify the engine. In forty days, the task was completed and the result was a power plant that could propel the Avanti to a top speed of 171.10 miles per hour, which it achieved on a clocked run at the Nevada desert. Further fine-tuning of the engine, chassis, and body gave the engine the name 'R3'.
Though it had captured the title of 'fastest production car in America' it failed to generate sales. The styling of the vehicle was too much for buyers to bear. In total, only nine examples of the Avant R3 were ever ordered. The company was forced to close its doors on December 9th, 1963, and production ceased. Production of the Studebaker Lark continued for two more years in Canada.
By Daniel Vaughan | Sep 2012