UK classic car auctions still strong

THE CURRENT PANDEMIC SEEMS not to be having an effect on the sales of classic cars, if the latest UK auction results are any indicator.

Classic Car Auctions September Live Online Auction was a huge success, with 87 percent of the cars selling and £3.2million ($A5.7 million) in sales.

This was the company’s second live online auction as well as their biggest sale to date, with over 230 classic cars offered over two days. Day one of the sale saw The Warwickshire Collection Part II cross the block, 89 rare and eclectic cars from a private collection, of which a phenomenal 92 percent sold.

Some of the standout lots from day one include the beautifully restored, Sapphire Blue 1953 Sunbeam Alpine Special which sold for double its top estimate at £58,830 ($A104,777). Lot 509, a Mercedes-Benz 450SLC also exceeded its top estimate and sold for £14,985 ($A26,700), whilst the 1961 Morris Minor Million, number 21 of 349, sold for £15,318 ($A27,300).

Gary Dunne, CCA’s Sales Manager commented “This was the most amount of cars CCA have ever offered and we were delighted to have The Warwickshire Collection Part II as part of the line-up. From cars offered without reserve to rare and extraordinary examples from as early as the 1920s and 1930s, it was fantastic to see over 90 percent of the collection sell”.

Day two of the sale had over 140 classic cars from across the decades and many highlights. The top of the range 1991 Audi UR Quattro 2.2 Turbo RR 20V, which was one of the last 50 ever produced and in spectacular condition sold for £84,360 ($A150,250). The barn find 1985 Audi Quattro UR Turbo 10V, sold to a new owner after 26 years in hibernation, for £17,205 ($A30,600).

From the Porsche corner, a 1971 Porsche 911S 2.2 was offered from long-term ownership and sold £103,230 ($A183, 855), which was also the highest grossing car within this auction. The stunning Tahoe Blue 1990 Porsche 911 (964) Carrera 4 hammered away at £39,960 ($A71,200) while a 1988 Porsche 911 3.2 Carrera Sport Coupe achieved £56,610 ($A101,000).

Gary continued “We are delighted with the result from the weekend, the catalogue as a whole was truly superb, with something for everyone. The viewing by appointment in the week prior to the auction worked really well, everyone respected the safety measures we had in place and really utilised the opportunity to view the cars of interest, in a safe and secure environment”.

Classic Car Auctions are now preparing for their final auction of the year, taking place on Saturday 12 December.