love of cars DBs owner prepared to sell at a loss
Businessman rationalises collection to focus on ‘ higher-end’ metal
A wealthy businessman is prepared to sell his 1969 Aston Martin DBS ‘Vantage Specification’ at a loss of up to £90,000 in order to ‘rationalise his collection’.
The vehicle is the same DBS featured on Channel 4’s For the Love of Cars in April 2015 and was sold to the unnamed buyer at a Coys Auction earlier that year in January for £173,400 – more than double its estimate at the time,
The vendor, who declines to be named, then invested a further £78,000 with specialist Oselli to debug and fine-tune it, taking the total cost to £251,400.
It’s due to be sold today (12 October) at H&H Classics’ sale at Duxford, Cambridgeshire with an estimate of between £160,000 and £180,000. The sale is part of a special Aston Martin auction which will also feature a 1930 Aston Martin International 1.5-litre Short Chassis Tourer, a 1954 DB2/4 Saloon and a 1979 Aston Martin V8 Volante.
Damian Jones, H&H sales manager, tells CCW: ‘ The vendor is a successful businessman who has decided to rationalise his collection. He has amassed more vehicles than he can realistically exercise and wishes to focus on his even more “blue chip” cars and is prepared to make a loss. Naturally, if the Aston Martin sells within estimate it will represent something of a bargain.’
Before the vehicle was sold at Coys it had been restored by Ant Anstead and his team at Evanta Motors. It was stripped of its mismatched red and white paint and underwent various chassis and bodywork repairs before being resprayed in Aston Martin Olive Green Metallic. The interior was re-trimmed in contrasting Ox Blood red leather upholstery and gained a refurbished dashboard, refinished wood rim steering wheel and new carpets.