Once upon a time, long-distance road rallies were all the rage in motorsports. Sportscars raced down open roads across countries from sea to shining sea in spectacular form. But while two of the most famous took place in Italy – the Mille Miglia and the Targa Florio – another took place right here in North America.

The RVI Market Update, just released tonight (March 19), reports that "wholesale values increased by 3.0% (RVI Used Car Price Index) compared to January, and remain much higher than the depressed values of a year-ago (19.6% higher than February 2009 values)." It's as I've been saying recently: prices are starting to rebound and now is the time to buy a used car before prices go even higher.

Car fires are nothing new, but when it happens to the world's cheapest car on its way to its new home, the Tata Nano tends to lose its allure.

While the iconic 250 series of 1960s-era Ferraris – including the GTO, California Spyder and Testa Rossa – continue to break records at auction, the models that followed are quickly catching up, as those who lusted after them in their wonder years are coming up with the cash to acquire them today. As with any great collector cars, the more perfect and more rare the specimen, the more it'll fetch at auction.

That's right, the 2010 24 Hours of LeMons season champion team will be sent to France to enjoy the 24 Hours of Le Mans. For reals. Says LeMons Chief Perpetrator Jay Lamm, "I think it's only fit and proper that the very best team in LeMons see how seriously lame they still are in comparison." The winning team shouldn't expect the Audi-style treatment our man Damon Lavrinc received at last year's Le Mans. Sayeth the press release, "We'll pay the LeMons-grade airfare and lodging. (If you want to fly Emirates, enter F1.) We'll hook you up with some teams to hang out with. We'll even toss in some Fodor's and Sartre."