£38k 205 GTi sets new record

Classic Car Weekly (UK) - - This Week -

One of the most de­sir­able Peu­geot 205 GTis to cross an auc­tion block has been sold for a world record price of £38,475.

It was ham­mered away dur­ing Sil­ver­stone Auc­tions’ Sil­ver­stone Clas­sic sale on 29 July. The ex­cep­tional ex­am­ple is a 1.9 model, with the 130bhp en­gine and Speed­line wheels. It also has just 5726 miles on the odome­ter.

It was regis­tered by the Peu­geot Tal­bot Mo­tor Com­pany in Novem­ber 1988, ex­plain­ing the car’s ‘OKV’ regis­tra­tion and then given away as a prize in a com­pe­ti­tion by cloth­ing re­tailer Grat­tan. The com­pe­ti­tion win­ner couldn’t drive, and it was col­lected by her hus­band, who used it spar­ingly. Af­ter 20 years it was bought by an en­thu­si­ast.

The price of such an out­stand­ing model shouldn’t be much of a sur­prise, ac­cord­ing to CCW’s mar­kets edi­tor, Richard Bar­nett. He says: ‘Sil­ver­stone did well with a 1.6 ear­lier in the year and there have been plenty of other 205 GTis sell­ing for strong money this year.

‘Will it have an ef­fect on other 205s? Not re­ally. It might have a slight pull-up on Ral­lye val­ues, though. I’d be look­ing out for good per­for­mance 106s as a lower-cost al­ter­na­tive. Or a Visa Gi!’

The same auc­tion saw a 1987 Ford Sierra Cos­worth RS500 sell for a UK auc­tion record price of £114,750, and a 1973 BMW 3.0CSL make £137,250, an­other UK auc­tion record. sil­ver­stoneauc­tions.com

High price is un­sur­pris­ing con­sid­er­ing it has just 5726 miles on the clock and is in ex­cel­lent con­di­tion.

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