This was the car that, it had been hoped, would save Studebaker. It didn't, but the Avanti, a product of the legendary Raymond Leowy's design studio, became an automotive design icon. In fact, this model continued in independent production long after Studebaker's demise in the mid-1960s.
This recently restored car has a dealer-installed Paxton supercharger that boosted engine output to 335 horsepower. In general, a 1963 Avanti in good condition can sell for anywhere from $27,000 to $35,000, according Hagerty Insurance.
The redesigned pony car will offer better fuel economy, an improved ride and better handling, Ford says.