Tag Archives: BMW

Variety Of Classic Cars Sold At Auction

Classic car enthusiasts may be interested to read about the auction of a number of classic vehicles that took place on the 17th October 2018 at the Imperial War Museum, Duxford. The event was run by H &H Classic Cars. Below we mention some of the cars that were sold but full details can be found on the H & H website.

AustinA 1962 Austin-Healey 3000 MK 11 that had an estimated price of £18,000 to £22,000 was actually sold for much more than that – it went for £30,375. This open soft top Colorado red sports car had been in the same ownership since 1969 and has only 38,457 miles on the clock making it a very low mileage vehicle. It has a 132 bhp engine and comes with 60-spoke wire wheels. It certainly looks fantastic.

A 1947 Lea-Francis 14hp Drophead Coupe had an estimated price of £9,000 to £11,000 Lea Francisbuactually sold for £14,625. This vintage vehicle only has 23,000 miles on the clock. It has a red leather hood and interior trim. It was once owned by the father of a well known pop star – Mike Maxfield.

Mercedes 300 SLA 1986 Mercedes-Benz 300 SL had an estimated price of £14,000 to £18,000 but was sold for a figure of £20,250. It had been in the possession of the same owner for 16 years and had 86,295 miles on the clock. It has cream bodywork. It has a factory hard top with a rear seat option. It has a 2,962cc engine producing 187bhp and a top speed of around 130mph.

A 1960 BMW Isetta 300 had an estimated price of £14,000 to £16,000 but actually sold for Isetta£19,406. This is a four-wheeled bubble car with only 11,888 miles on the clock. It has had 4 owners. It only has a 298cc engine. It has a pale green bodywork. It looks delightful.

AlpineA 1953 Sunbeam Alpine had an estimated price of £10,000 to £12,000 but achieved a sale price of £15,468. The bodywork is a stunning red. This is a rare classic car with only 1,582 being built. It has 80,928 miles on the clock.

A 1935 Rolls-Royce 20/25 Sedanca de Ville had an estimated sale price of £18,000 to £22,000 butRolls Royce was sold for £23,625. The bodywork is in black and the car is in need of some restoration work to bring it back to the standard you would expect to see such a vehicle in.

HillmanA 1929 Hillman 14 Tourer had an estimated sale price of £14,000 to £16,000 but achieved a sale price of £19,125. Its previous owner before being sold at the above auction had had the vehicle since 2000. It has a 1953cc engine. It has 4 seats and a soft top.

BMW Owned By Racing Legend Sells For Almost £4 Million

John SurteesAt the Goodwood Festival of Speed Sale that took place on the 13th July, a 1957 BMW 507 Roadster with hardtop was sold for a staggering £3,809.500 – just short of £4 million. So, how was such a classic sports car able to achieve such a price?

Well, a major factor was that it had been owned by the late John Surtees CBE who had the vehicle in his possession from new until he died on the 10th March 2017 at the age of 83. Many of you will be aware that John Surtees was renowned as being not only the winner of motorcycle world championships but also was a Formula One World Champion – a feat that only he has achieved.

Mr Surtees was the 500cc motorcycle world champion on four occasions – in 1956, 1958, 1959 and 1960. He later went on to become Formula One World ChampJohn Surteesion in 1964 with Ferrari.

The above classic car was one of only 252 built and was adapted to include Dunlop disc brakes on all four wheels and also had some mechanical work carried out that increased its speed so that it was capable of getting to just over 140mph as Mr Surtees had felt it was not quick enough. It is left hand drive. It is a solver/blue colour and in immaculate condition.

Apparently, following Mr Surtees becoming motorcycle world champion for the first time in 1956 with MV Augusta, he was approached by Count Augusta who offered to buy him a gift and it is believed that the racing team contributed 50% towards the purchase of the above vehicle that originally cost £3,200. It has certainly proved to be a sound investment although perhaps Mr Surtees did not buy it for such a purpose as he no doubt enjoyed driving it.

Here at AIB Insurance, we have arranged classic car insurance on many vehicles. So, if you are looking to insure your vehicle why not give us a call on 02380 268 351 and we will be pleased to provide a competitive quotation from our panel of specialist insurance companies.