8:29 am, August 18, 2008
CLASSIC car sales, it seems, are immune from tightening financial pressures.
BCA’s latest specialist classic auction recorded yet another good month, with 37 cars selling on a 65 per cent conversion rate.
What sort of money are we talking? Well, a 1979 Ferrari 308 GTS went for £18,425, the top price recorded on the day. It had, however, done only 27,000 miles.
Slightly more affordable was a 1967 Volvo P1800S. ‘The Saint’ model sounded like something to be avoided – it had no paperwork or history. But great condition helped it to £8050. That’s over twice the top estimate.
A 1986 Ford Sierra RS Cosworth made £6950, and even a 1996 Escort RS 2000 4×4 made £2750. Never underestimate the appeal of the ‘right’ modern classic.
As Classics from BCA manager Robin Lawton said: ‘A number of cars sold for well above their estimate, which suggests there is a ready market for interesting and unusual vehicles, despite the current economic conditions.’
This one stood out for us, though. A 1990 BMW 316i Automatic. Yes, it had covered just 9490 miles, by the original company chairman owner. It was totally immaculate and original. But, even so, £3100?
The next ‘Classics from BCA’ auction is at Blackbushe on Tuesday 7th October. With results like these, it could just be worth your while polishing up any tidy 1980s stock you’re carrying, just on the off chance…
