Practical Classics Classic Car and Restoration Show Sale achieves £3m auction total and 78% sales rate

Practical Classics Classic Car and Restoration Show Sale achieves £3m auction total and 78% sales rate

Classic Car Auctions (CCA) had a successful start to 2022 on behalf of their vendors at this weekend’s auction with a 78% sales rate giving £3m in total sales.

The auction at The Practical Classics Classic Car and Restoration Show, which returned to the NEC, Birmingham, for the first time in three years, was CCA’s largest ever and saw 236 vehicles go under the hammer across a two-day sale on 19th and 20th March.

First to auction on Saturday morning was The Warwickshire Collection, a collection of over 20 British Classics ripe for restoration and sold by CCA on behalf of a local vendor. All the vehicles in the collection sold, giving a 100% sales rate and a total sales value of £276,975. The highest value car in this collection, a 1966 Jaguar E-Type Series I Coupé 4.2, sold for £52,875.

Always popular, the “Fast Fords” under the hammer on Saturday afternoon achieved fantastic results including Lot 138, a superb 1988 Ford Escort RS Turbo Series 2 which sold for £18,225, and Lot 187, modern classic 1986 Ford Sierra RS Cosworth with only 56,516 miles on the clock, selling for £48,375.

Lot 164, the rare Holden 1972 Holden L J Torana GTR XU-1, which attracted a great deal of attention from the moment it was consigned, sold for £53,438, but the auction’s highest value vehicle was the equally rare 1967 Bentley T Convertible by Mulliner Park Ward, which sold for £75,375.

Sunday’s auction brought some more unusual finds, including The Hampshire Collection – a collection of eight vintage and classic American Cars which were all offered at no reserve and collectively sold for £59,200, and a tractor. Most people associate the name Lamborghini with iconic sports cars, not realising that the name first adorned the side of agricultural machinery when the company was founded in 1948. Lot 380, a beautifully restored 1962 Lamborghini 1R Tractor, fetched £17,438.

Ahead of the auction, CCA launched a new website which streamed the auction in real time and allowed buyers to bid online for free. A total of 327 bidders registered to use the online platform this weekend, which has also been a huge success for CCA’s sister company Silverstone Auctions, who launched their own version last year.

CCA donated all catalogue proceeds to The Disasters Emergency Committee Ukraine Humanitarian Appeal, raising over £9,000 for the charity.

To view the results on all lots, refer to the Classic Car Auctions website.

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: [email protected] or visit their website.   Tel: 01926 691141 Email: [email protected]  

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