Car records fall at auc­tion


A Welling­ton busi­ness­man’s car col­lec­tion has ex­ceeded ex­pec­ta­tions at auc­tion, net­ting more than a mil­lion dol­lars and break­ing records.

The 30 cars – just part of Roy Sav­age’s col­lec­tion – sold for about $1.5 mil­lion at South­ward Car Mu­seum in Otai­hanga, north of Welling­ton, on Sun­day.

At least three of the cars have new over­seas own­ers, two New Zealand records were set and all 30 cars of­fered were sold.

Hun­dreds of clas­sic car fans were at the auc­tion, while more bid over the phone and on­line from over­seas.

The most ex­pen­sive ve­hi­cle sold was a 1955 Jaguar XK 140 Fixed Head Coupe, which went for $258,750.

The col­lec­tion had a fo­cus on Bri­tish cars from the post­war era.

Auck­land-based Moss­green-Webb’s ran the auc­tion. Chief ex­ec­u­tive Paul Sum­ner said he had ex­pected the auc­tion to net closer to $800,000.

He said the Jaguar had bro­ken the New Zealand auc­tion record for the model, and the price was likely to also be a south­ern hemi­sphere record.

A 1972 Rover P5B 3.5-Litre Coupe Au­to­matic sold for $57,500, a New Zealand record, he said.

The Sav­age fam­ily his­tory, and the fact the cars were well-main­tained, meant bids were higher than an­tic­i­pated, Sum­ner said.

‘‘We think in some cases in­ter­na­tional buy­ers were out­bid by New Zealand buy­ers, who were per­haps pay­ing over the nor­mal mar­ket price for the Sav­age fam­ily con­nec­tion.’’

Sav­age made his money through work­place cloth­ing safety and equip­ment com­pa­nies NZ Safety, and Al­safe in Aus­tralia.

He said on Sun­day that the auc­tion had ex­ceeded his ex­pec­ta­tions.

‘‘It is a bit sad to see the cars dis­ap­pear but you get the feel­ing from what we’ve seen here to­day that they’re go­ing to very good homes.’’

He said be­tween 10 and 15 of his col­lec­tion had been re­tained for fam­ily rea­sons, in­clud­ing the Mor­ris Mi­nor his chil­dren learned to drive in, and the sta­tion wagon the fam­ily used to take on hol­i­day.

Steve Cowie is the new owner of a 1969 Jaguar E-Type Series II 4.2 Fixed Head Coupe, for which he paid $143,750.

He drove from Auck­land on Satur­day for the auc­tion, view­ing the cars later that day, he said.

‘‘I’m de­lighted to have fi­nally got my hands on a car I wanted to own one day.

‘‘You think about it for a long time, and It comes to the point where you can get your hands on one.’’

Mu­seum man­ager Craig An­drews said he was happy with the event as a whole.

‘‘The prices these cars are go­ing for is quite amaz­ing, and it’s re­ally good to have the car park full.’’

1. 1955 Jaguar XK 140 Fixed Head Coupe: $258,750.

2. 1969 Mercedes-Benz 280SL Au­to­matic: $149,500.

3. 1969 Jaguar E-Type Series II 4.2 Fixed Head Coupe: $143,750.

4. 1996 Bent­ley Azure Drop­head Coupe: $138,000

5. 1965 Austin-Healey 3000 BJ8 Mk III 2+2 Con­vert­ible With Hard Top: $109,250.

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