Driven by Demand

 

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Following on from the hugely successful inaugural Borderway Classic Car Auction, H&H Motor Auctions  held a second on Saturday 22 March 2014. This, the north of England’s only Classic Car Auction, attracted buyers from across the UK.

Going under the hammer at this Carlisle auction were barn finds to the pristine classic vehicles, with the top highlight being an Ferrari 348 selling for £21,500.  There were also a classic Sunbeam Alpine up for grabs, which sold for £2,000 and there were some real bargains on the day with a 1990 Bentley Mulsanne S going under the hammer for £6000.

For many people there has never been a better time to treat themselves to a classic car -interest rates are very low and there seems to be a belief that money might as well be enjoyed rather than sat in the bank earning next to nothing.

Graeme Hall, Managing Director, commented: “Our first Borderway Classic Car Auction was a resounding success in 2013, with bids on all but 3 of the 25 entries.  Again in 2014 we had a plethora of classic cars and automobile memorabilia up for auction.  With the popularity of classic cars on the up and with there being no other auction of its type in Cumbria there continues to a be strong interest.”

In the last ten years classic cars have increased in value by 430%, making them one of the leading ways to invest money outshining both gold and property.  Couple this with the UK classic car scene roaring into action, with events such as Goodwood Revival and the Silverstone Classic, there really has been no better time to invest.  

The classic cars of the fifties, sixties and seventies that have survived are all full of the new spirit of the post war years, with fresh new designs and confidence in the future, creating excitement that still lingers in the flowing lines, extra comfort, chrome, and improved engineering.

Of course another added advantage of buying a classic car registered before 1974 is that it qualifies for free road tax.

Often people are concerned about the availability of spare parts, however Graeme reassures us that spare parts for retro cars are more widely available than people are aware of.  For many retro classics, spare parts are actually still being produced.

 

Lot-301

 1990 FERRARI 348 TS - 3405cc 

58,000mls

SOLD FOR £21,500.

 

 Lot-320

1982 PORSCHE 911 SC TARGA

51,000mls

SOLD FOR £10,500

 Lot-302

1998 SUBARU WRX STE

60,000mls

SOLD FOR £10,000

 Lot-333

1971 ROLLS ROYCE SIVER SHADOW 1

27,600mls

SOLD FOR £3,750.

Lot-328

1990 BENTLEY MULSANNE

74,000mls

SOLD FOR £6,000.

 Lot-313

1989 FORD FIESTA XR2

47,000mls.

SOLD FOR £5,400.

 Lot-311

1983 MECEDES 280 SL

67,000mls

SOLD FOR £4,500.

   

 Lot-309

1992 MERCEDES 300 SL

36,000mls.

SOLD FOR £3,750.

 

 Lot-312

1973 MG MIDGET

20,000mls

SOLD FOR £3,200.

 

 Lot-316

1963 AUSTIN HEALEY SPRITE

32,000mls.

SOLD FOR £2,600

 

 Lot-321

 1997, MG B

SOLD FOR £2,500

 

 Lot-334

1972 RELIANT SCIMITAR GTE EODVE

49,000mls

SOLD FOR £2,200.

 

 Lot-308

1961, SUNBEAM ALPINE COUPE

20,000mls

SOLD FOR £2,000.

 

  Lot-330

1989, PEUGEOT 205 GTI

71,000mls

SOLD FOR £1,750

 

 Lot-327

1968, ROVER 200 SC

62,000mls

SOLD FOR £1,600.

 

 Lot-315

1968, AUSTIN MORRIS PICKUP

SOLD FOR £1,350

 
   

ENDS

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