A successful auction for CCA at the Warwickshire Event Centre


A SUCCESSFUL AUCTION FOR CCA
AT THE WARWICKSHIRE EVENT CENTRE


o A 74% sales rate achieved on Saturday
o £1.5 million in total sales as cars find new homes
o Bidding wars for Porsches, Jensens and Jaguars


Classic Car Auctions had a very successful sales day at The Warwickshire Event Centre at the weekend achieving a rate of 74% and with some notable bidding wars with cars selling for high above their estimate and contributing to £1.5 million in total sales.

Rowan Atkinson’s Mercedes 500E, which he was offering at No Reserve and had a lot of interest leading up to the sale and on the day, achieved £19,758. Other celebrity cars which also did well was the Alfa Romeo of Stones Roses band member, John Squires. This car also had lots of interest both before and on sale day and achieved £32,745. Harry Metcalfe’s two cars, the rare Lancia Kappa and the Mercedes 600 SL also received lots of interest, selling for £3,996 and £11,322 respectively.

Jaguars did very well, with 21 offered and 19 of them selling, leaving two unsold, which was tremendous. Lot 318, the 1991 XJS imported from Japan with 15,300 miles, sold very well at £22,755. The lovely 1969 Jaguar E-Type Series 2 2+2 Coupe also saw a lot of bidding between the phone and a bidder in the room who eventually secured the car for £45,510.

Quite a few of the lots also generated some fantastic bidding wars and as a result sold for way over their estimates. Lot 340, the 1989 Porsche 911 Carrera 4 Cabriolet generated interest both in the UK and Europe with online and phone bidding selling for £38,622. The next round of furious bidding followed soon after with Lot 347, the 1967 Triumph TR4A which sold on the phone for £34,410.

Lot 372, the 1974 Jensen Interceptor MkIII which had been in store for the last 40 years and with only 38,000 miles on the clock received a wonderful round of bidding and eventually sold way over its estimate for £39,405. The super rare 1971 Ford Capri 2000 GT XLR V4 which was estimated at £15,000 to £18,000 sold very well at £22,775.

As we approached the last lots, a No Reserve Mercedes S55 AMG in long wheelbase mode generated some fantastic bidding ably commentated on by the auctioneer. Bidding took place between London, Moreton-in-Marsh and Rugby, with London eventually winning the bidding at £9,324.

Gary Dunne commented: “We had a very successful day at the Warwickshire Event Centre and I am very happy with the rate of sales we achieved, in what is a slightly unknown market in these current times.”

“We had some really superb cars, all of which have gone to new homes after great rounds of bidding on the phones, online and in the room.”

“It was great to see the venue packed out with a jovial atmosphere, with three out of four cars being sold and one bidder jumping for joy after securing his bid, was just wonderful to see.”

 

 

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