To be offered on June 26, 2016 at an Auctions America Santa Monica, this custom one-off hot rod was conceived and created by Mitch Allread in Southern California. Allread essentially took a 1968 Toyota Corona two-door hardtop body, chopped it up and fitted it over a custom tubular-steel space frame with a 106-inch wheelbase. From there, a 4.0-liter V8 engine borrowed from a Lexus SC400 was fitted in the bay. It provides 250 horsepower and is mated to a four-speed automatic transmission.
Not only does this Toyota Corona look like nothing else on the road, its Gulf Racing Blue paint job screams sports car inspiration while combining both classic and modern influences.
According to the auction listing, this custom Toyota Corona was originally built with the intention of competing in the Silver State Challenge in Nevada. Reportedly, it has fewer than 8,000 miles on it since the build was completed in 2004. To date, it has never participated in any competition.
Auctions America expects the 1968 Toyota Corona to fetch between $25,000 and $35,000 at the upcoming auction.