Finding a bargain at auction can be a great way to buy your classic. Classic Cars are safer than the stock market as investments go it seems with a resurgence in values, at least prior to the spring of 2020 it was. What value do you put on your classic? On a budget you can get some great cars by buying locally at shows or you go to auction.
So, if you had £30,000 say to invest in your classic, which would you buy?
Bonhams, in advance of a planned auction at the end of May (may be subject to change….) have got a selection of cars and glancing through there are a few interesting finds!
Decision time
Now, I’m a great lover of cars and its an interesting debate to have – which would you have for c£30,000 – a Ford Seria Cosworth 4×4 pimped up to the nines by the looks or a Mk2 Jaguar? In between that a Porche 911 Carera for about the same value?
Looking at the estimates, it would suggest it is a close call and all have their own appeal to different people but which would you have?
Personally I’d love a MK2, the Porsche next and then the Cosworth – of course depending on the collection at the time of purchase.
Finding a bargain from auction?
So can you find a bargain? There is a great selection to buy and some a bargain in different ways. The start of the show has to be this 1979 Aston Martin – a real crowd puller and power of a car.
Alongside that you can grab yourself a bit of music and motoring history. An Audi S8 from 2002 previously owned by Led Zeplin’s ROBERT PLANT and comes with a signed photograph from just £4000.
Classics of yesteryear
From an Austin 7 from 1936 to a Ford Type Y from the same year and a 1937 Sunbeam all up for grabs and some, without reserve. So is there a bargain to be had at the end of this month?
Whatever your choice, there are some great opportunities right now and in the coming months. What would your choice be?
