Auc­tion View

Classic Car Weekly (UK) - - Contents - by Richard Hud­son-Evans

Plenty of clas­sic car-hun­gry con­sumers opted to spend their swel­ter­ing Satur­day checking out the smok­ing metal at the lat­est Anglia Car Auc­tions Drive-Through in King’s Lynn, where 74 per cent of the 258 auc­tion cars sold un­der the ham­mer for £1.66m.

Among 190 changes of own­er­ship, a 1973 BMW 3.0CSL (the 160th RHD coupé produced) was ham­mered away for £120,750 with pre­mium, over £40,000 more than the pre-sale es­ti­mate. Equally ex­tra­or­di­nary was the £16,800 made by a run­ning (but not driv­ing) 1967 Honda S800 time-warp that last passed an MoT seven years ago and was ripe for full restora­tion.

The same sale saw £63,000 handed over for a Coven­try-built 1967 Jaguar Mk2 3.4 that was re­stored and up­graded in New Zealand and lived in Spain for 14 years be­fore re­turn­ing to the UK.

‘74 per cent of the 258 cars that ACA of­fered sold for a to­tal of £1.66 mil­lion’

Si­mul­ta­ne­ously over in Wilt­shire, Richard Ed­monds suc­cess­fully shifted 77 per cent of the 99 cars of­fered un­der parched can­vas at the Alling­ton Farm Shop just out­side Chip­pen­ham for a to­tal of £612,443.

High­lights in­cluded a 1931 Lagonda 2-Litre Low Chas­sis Tourer that is claimed to have had a su­per­charger fit­ted at the fac­tory, which sold for £116,050 and a 2009 Nis­san GT-R that had just 4750 miles on the clock which was driven away for £37,125.

Dur­ing yet an­other three-day marathon gig, the Ed­monds team also sold 65 per cent of its 55 clas­sic bikes, 75 per cent of the 1030 items of au­to­mo­bilia and a frankly as­ton­ish­ing 97 per cent of the 391 spares lots in what turned out to be its high­est gross­ing auc­tion yet.

For un­like so much of the UK’s still Brex­it­ing econ­omy, and con­firmed by th­ese fine weather barom­e­ter read­ings taken sev­eral coun­ties apart, sec­tors of the old car busi­ness are en­joy­ing some strength in depth.

Clearly, clas­sic cars are still viewed as global com­modi­ties, de­spite the on­go­ing un­cer­tain­ties sur­round­ing UK pol­i­tics, not to men­tion how – and when – the UK will leave the EU. It ap­pears that over­seas buy­ers are con­tin­u­ing to take ad­van­tage of the sit­u­a­tion by tar­get­ing cars sold in the UK be­fore repa­tri­at­ing them.

Could we re­ally be in a sit­u­a­tion where do­mes­tic up­heavals are help­ing the clas­sic mar­ket to buck the trend and re­main buoy­ant?

Only time will tell.

Honda S800 project made £16,800.

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