• April 19, 2024
 Spring auction success with £1.7m worth of cars sold

Spring auction success with £1.7m worth of cars sold

  • 90% of cars sold in CCA’s first sale of the year
  • £1.7million worth of cars sold on Friday 26th March
  • Auction world record achieved for 1990 Audi Quattro 20V
  • 100% of The Warwickshire Collection Part 3 sold

Classic Car Auctions hosted their first sale of the year on Friday 26th March and with superb results! A phenomenal 90% of the cars offered were sold, with 100% of the Warwickshire Collection Part 3 also selling.

Over 130 classics from across the decades crossed the block, including a rare 1990 Audi Quattro 20V in Lago Blue and just over 48,300 miles covered. The recommissioned example achieved a new auction world record price of £85,470 following a significant amount of interest and bidding.

The sale mirrored the same live online format that was practised to perfection last year, with bidding taking place from home; whether that was online, by phone or via commission. Due to the current restrictions, pre-sale viewing took place virtually with the CCA team, they were also able to accommodate experts carrying out professional inspections.

Another sublime example was the 2000 Rover Mini Cooper Sport with just 117 miles covered since new! The remarkable little car achieved £33,300 on the day. Lot 108, the 1971 Daimler 4.2 Sovereign sold to a telephone bidder and after the hammer went down, informed CCA that his father had sold the car when it was brand new all those years before! This fabulous example with a lovely reunion story sold for £11,988.

The smooth and sophisticated 2008 Mercedes-Benz CL500 (C126) was offered directly from British actor Nigel Havers and sold for £16,095, whilst the 1985 Porsche Carrera 3.2 Convertible which was offered from The 1975 band member, George Daniel, sold for £33,000.

Gary Dunne, CCA’s Sales Manager commented:

“These kind of results are testament to the cars offered, our customers and of course the team. Last year the Silverstone Auctions Group (which includes Classic Car Auctions) were recognised as the UK market leaders in the classic car auction industry and this latest sales rate
demonstrates why and how we achieved this accolade.”

He continued:

“We would like to thank our vendors and buyers, old and new, for their continued support – especially with the current restrictions in place. We will be announcing details of our next auction in the coming days so do keep an eye out for the information to ensure you don’t miss out!”

The second half of the auction was dedicated to The Warwickshire Collection Part 3, a series of 40 Jaguars and Daimlers, with many of them offered without reserve. 100% of the collection sold, with many of the cars exceeding any presale estimates and others seeing 20+ registered telephone bidders per lot! One of those was lot 204, the 1996 Jaguar XJS 4.0 Auto which sold for £27,195, whilst the 1983 Jaguar XJ-S HE 5.3 Lynx Eventer sold for an amazing £47,730.

CCA will formerly announcing their next auction later this week which will be a two-day sale. Everyman classics are now invited and those interested can contact the team on 01926 640888 to speak to an expert about the value of their car.

This article was submitted to be published by Silverstone Auctions as part of their advertising agreement with Today’s Wills and Probate. The views expressed in this article are those of the submitter and not those of Today’s Wills and Probate.

Silverstone Auctions

https://silverstoneauctions.com/

Silverstone Auctions Formed in 2011, Silverstone Auctions is a world-class, specialist auction house for the sale of classic cars, modern supercars, all types of competition cars, modern and historic motorcycles as well as automobilia. In 2020 we sold £32.3million worth of cars and The Silverstone Classic Live Online Auction was our highest grossing sale in the history of the company. Following the success of the company, The Silverstone Auctions group became the UK's market leading classic car auction house in 2020. We hold the exclusive automotive auction rights for Silverstone Circuit where we host several stand-alone events each year, as well as our annual headline sale as part of the Silverstone Classic, the world’s biggest classic motor racing festival. In addition to our sales at Silverstone Circuit, we also host several auctions each year at other major classic car events, including the NEC Classic Motor Show and Race Retro. At present, the events have been unable to go ahead in their typical format, but we have continued to work closely with each of these event partners for online versions. Over the years we have also been selected by several the UK’s official owners’ clubs to hold marque-dedicated sales, including the highly regarded Ferrari Owners’ Club of Great Britain, Jaguar Enthusiasts’ Club and Porsche Club Great Britain. With years of market expertise and specialist knowledge of the world’s vintage and modern car brands, our team works hard to provide accurate valuations and connect vendors and buyers across our global customer base. We are committed to providing the best possible service for both buyers and vendors alike, so if you’d like to know more about selling or buying with Silverstone Auctions, then please do get in touch by calling the expert team on 01926 691 141, email: enquiries@silverstoneauctions.com or visit their website.   Tel: 01926 691141 Email: enquiries@silverstoneauctions.com