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.