Mar­ket anal­y­sis

Classic Cars (UK) - - Contents -

Russ ex­plains why we’ve just seen the high­est auc­tion sale rate of the year (in Poole, no less), and no­tices the Lo­tus Elan Sprint blaz­ing a trail

1973 BMW 3.0 CSL £137,250 Sil­ver­stone Auc­tions, July 29. This re­sult sets a new bench­mark for top ex­am­ples of the CSL, af­ter con­sis­tent de­mand has more than dou­bled val­ues in the last three years. This was a rhd UK car – though al­most half were – and was re­stored back to a bare shell us­ing an al­ready re­mark­ably rust-free ex­am­ple. This was largely done us­ing re­fur­bished orig­i­nal or new-old-stock parts with stun­ning re­sults. It rightly smashed its £85k top es­ti­mate.

1966 MGB GT £9206 South West Ve­hi­cle Auc­tions, July 28. Much fuss was made post-sale about how this early GT sold for 56% over its es­ti­mate. Our view is that this – and an­other sim­i­larly tagged ‘66 B GT in the same sale – were merely un­der­es­ti­mated to en­tice. For a three-owner MKI GT in this lovely re­stored but mel­lowed con­di­tion, the price paid was bang-on mar­ket value. The other car wasn’t quite as good and sold for £7672. Al­ways check the CC Price Guide.

1938 Alvis Sil­ver Crest £18,160 H&H Auc­tions, July 26. Given the fly­ing val­ues of the mar­que’s pre-war ‘Speed’ mod­els, you’d think buy­ers would have cot­toned on to the de­lights of all six-cylin­der Alvises. This was ‘only’ a sa­loon, but nicely pre­sented with its re­cent bare-metal re­spray and slightly ear­lier me­chan­i­cal over­haul. Sur­viv­ing num­bers are said to be in the teens, mak­ing them rarer than Speed 20s, so at this price the buyer should be very pleased.

1968 Jaguar E-type S1.5 coupé £90,000 Sil­ver­stone Auc­tions, July 30. This was a re­mark­able score for a Se­ries 1.5 E-type – they’re usu­ally over­shad­owed by the ear­lier cov­ered-head­lamp cars. The £60-70k es­ti­mate looked right, so were bid­ders se­duced by the in­di­cated but un­claimed 15,500 miles, or was it the fresh paint? It was an over­all nice ex­am­ple, though not with­out flaws – like large mod­ern speak­ers. A one-off, or are S1s now just too ex­pen­sive?

1975 BMW 2002tii £19,180 South West Ve­hi­cle Auc­tions, July 28. Around a decade ago the tii got left way be­hind by its tra­di­tional ri­val, the 105-se­ries Alfa GTV. They’re al­most level again now. This was a strong re­sult for any tii, never mind one with rusty doors and in­suf­fi­cient ev­i­dence to back up its in­di­cated 73,000 miles. It also needed much work to pass its last MOT af­ter ten years’ stor­age. This shows how hard it is to find any tii, never mind a good one.

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