UK Super and Classic Car Auction News
From the beginning of 2018 to today, supercar and classic car auctions in the UK continue to be strong .
And hopefully the issue with the proposed American tariffs will be just a slight hiccup that will be resolved quickly.
UK supercar auctions take place in several forms – potential purchasers can go to the physical location of the auction to view the lots and make bids. That’s by far the most exciting and even rewarding part of an auction.
However, buyers in other countries can keep track of auctions on their computers or smartphones and make bids themselves. There are also auctions that only take place on computers.
According to AMOnline, when British Car Auctions (BCA) Nottingham held its Top Car Sale in January 2018, 85% of the winning bids came from individuals online. (https://www.am-online.com/news/used-cars/2018/02/05/record-breaking-85-of-bca-luxury-cars-sold-to-online-bidders) 64 of the 75 cars on offer were sold via online bidding.
The highest prices achieved at BCA auctions in 2017 are:
- 2009 Lamborghini Murcielago Superveloce: £245,000.
- 2016 Rolls-Royce Phantom II Saloon: £210,000.
- 2016 Lamborghini Huracan Spyder: £176,000
- 2013-registered Ferrari 458 Spyder F1 Roadster: £159,500
- 2014 64 Porsche 911 Turbo S (991) PDK at 8,000 miles: £126,500
The biggest selling model over £100,000 was the Audi R8 610 Quattro Plus S-T, with 20 examples sold for a top value of £111,000.
Silverstone Auctions Classic Sale which took place on the 21st and 22nd July as part of the world’s biggest classic motor racing festival achieved some great results. This 300SL Roadster a timeless classic, as beautiful now as it was 60 years ago sold for over £860,000
Sotheby’s holds several supercar and classic car auctions throughout the year, but only a percentage of these are in the UK. For example, their August sale will be in Monterey California. That’s a prestigious annual event. At the very end of August and into September is “Labor Day” in the United States and they hold an annual car auction in Auburn, Indiana.
In the UK, their next auction will be from 5 September in Battersea, London, and it is, as Sotheby’s themselves describe it, “an annual highlight of the European Collector Car Calendar.” They’ve been holding this auction each year since 2007.
Coys of Kensington is holding its next auction August 4 in Germany at Schloss Dyck in Jüchen, Germany.
Their next auction in the UK is called “Thoroughbred & Vintage at Fontwell House.” Coy’s latest auction took place 29th-30th June at Blenheim Palace. Part of this auction featured the “Cavalino Hoard” of rare Ferrari auto parts.
Supercar and classic car auctions in the UK and Europe will continue apace into the new year.