Ford Capri

A good cat­a­logue com­bined with low es­ti­mates pulls in the buy­ers

Classic Cars (UK) - - Welcome - Russ Smith’s mar­ket anal­y­sis

South West Ve­hi­cle Auc­tions played a blinder with its July 28 sale in Poole. All but three of the 78 of­fered cars sold, which trans­lates to an in­cred­i­ble sale rate of just over 96 per cent. We’ve not seen that any­where for a long time. The other head­line fig­ure was that 67.9% of cars went for over their top es­ti­mates, so did ev­ery­one go a bit bid­ding crazy on the day? Only in places, be­cause SWVA had played it a bit crafty and had most cars es­ti­mated on the light side. Buy­ers were largely pay­ing mar­ket-cor­rect prices – mar­kets al­ways find their cor­rect level. But that shouldn’t take away from SWVA’S suc­cess, which was com­mend­ably based on putting to­gether a nicely var­ied cat­a­logue of good-qual­ity and af­ford­able clas­sics, and kick­ing the sale off with 13 ‘no re­serve’ cars to get bids rolling. Stand­out re­sult was £35,072 for the mint 28k-mile Capri 280 Brook­lands pic­tured be­low – £7500 over es­ti­mate. The ‘above es­ti­mate’ fig­ure is a lit­tle mis­lead­ing be­cause it was in­flated by al­most across-the-board low es­ti­mates, but this was still a stun­ning sale by any mea­sure.

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