10:37 pm, October 19, 2010
UNUSUAL levels of demand for premium cars have been experienced by one of the UK’s leading auctions houses.
BCA Edinburgh has reported ‘extraordinary’ levels of demand for premium motors at a recent BMW Open auction earlier this month.
Two 2008-registered BMW X6 3.5i XDrive Steptronics each fitted with a ‘comprehensive service package’ and with only 20,000 miles on the clock, went under the hammer making more than was expected.
BCA’s guide price was around £30,000. However the hammer fell with one selling for £58,000 – equivalent to 195 per cent of CAP Clean – with the second model achieving £58,500 – or 192.1 per cent of CAP Clean.
BCA’s national account manager Simon Young said: ‘These BMW sales always attract a huge amount of attention from buyers and regularly achieve strong market values on the cars offered.
‘However, the values on these two X6 models are exceptional by any standard and underline the power of auction to maximise values when you put the right product in front of the right buyers.’
by JAMES BATCHELOR
