“Garage Find” Classic Jaguar E-Type For Sale

There are not many occasions when a “garage find” classic car becomes available so, when one does, there is likely to be a significant amount of interest from potential buyers. Because of where and how they have been discovered it may even lead to the sale price being achieved at auction exceeding what the vehicle would normally be expected to be sold for.

Well, if you are a classic car enthusiast with a particular interest in the Jaguar E-Type, you may wish to get along to the H and H Classics supported Duxford Motor Car Auction that takes place at the Imperial War Museum on the 21st March 2018. This is because, amongst the many classic cars that are available to bid for, there is a 1965 Jaguar E-Type 4.2 Coupe available. It has an estimated sale price of between £50,000 to £60,000.

This particular classic sports car was the 19th of its type built. It is the Series1 E-Type Coupe. As you will see should you attend the auction it is in need of quite a bit of renovation work so may appeal to those classic car enthusiasts who enjoy a project and “getting their hands dirty”.

This classic vehicle has 60,410 miles on the clock and has green paintwork. In its heyday, it was a nippy car getting from 0 to 60mph in just over 7 seconds as it sped on its way to around 150mph.

So, if you like a challenge, why not get along to the auction where there are also a number of other Jaguar classic cars being offered for sale.

If you are in need of quality classic car insurance then why not get in touch with us and we will help arrange for you to receive a competitive quote for your impending purchase to provide you with complete peace of mind.

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Publication Reveals Classic Cars Have Been A Good Investment

People buy classic cars for a variety of reasons. One person may love restoring a classic car and buy one that is in need of a great deal of tender loving care and attention. Having done that he or she may decide to sell the vehicle in the hope of making a profit or retain the vehicle to enjoy taking it out for a drive in the countryside on a lovely summer’s day. Another person may buy a classic car purely to show it off to friends and family retaining it in a museum environment.

However, there are many classic car enthusiasts who buy such vehicles purely as an alternative form of investment. They may have a portfolio of investments such as in cash, equities and property thus spreading their risk.

The Credit Suisse Global Investment Returns Yearbook 2018 makes for interesting reading and provides some data about the investment performance of classic cars. For instance, from 1980 to 2017, classic cars have outperformed other collectables such as wine, stamps, violins, art, books and jewellery. In fact, the price of classic cars has risen significantly higher than any of the previously mentioned collectible assets.

However, just because classic cars have performed very well in investment returns in the past does not mean to say that this will continue in the coming years. These sorts of investment can be quite volatile and this is perhaps why many people do not have “all their eggs in one basket”.

If you are considering investing in a classic car and have little knowledge about them then you may wish to get some professional advice from someone that does as, we are sure you will agree, it would not be very good if you were to loose money on your investment. There are no doubt certain classic cars that have the reputation for increasing in value over a period of time and presumably there are classic vehicles that do not do so.

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Car Insurance Premiums Rise In 2017

If you are the owner of a classic car then it is quite likely that you have seen your insurance premium for your cherished vehicle go up at some point in 2017. Whilst we do not have any specific figures relating to the possible rise in the cost of classic car insurance there is data available for ordinary motor insurance showing that average premiums have risen last year and there is nothing to suggest that there has not been a similar rise for classic vehicle cover.

In fact, the Confused.com car insurance price index reveals that car insurance premiums for fully comprehensive cover rose by an average of £60 per annum with this equating to an increase of 8% per annum to £827 a year when comparing the end of 2017 with the end of 2016. We are sure you will agree that is an increase that motorists could well have done without having to find especially as many have been faced with an increase in their mortgage repayments.

The above index revealed that car insurance premiums for those living in the Borders of Scotland had gone up by more than anywhere else in the UK. There had been a rise of 17% with this equating to an increase of an average of £92 per annum.

Unfortunately, not all motorists shop around to see if they can get cheaper insurance for their classic car from another provider. Too many people merely file their renewal notice that they receive once a year and just accept that their premium has gone up. Rather than do that he or she may have been better to do some research and see if they can obtain the cover that they require but for a lower premium than their existing insurer is quoting. There are a number of ways that quotes can be obtained with one of the quickest being to use the services of a price comparison website.

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Get Along To The London Classic Car Show

If you are a fan of classic cars then why not visit The London Classic Car Show that takes place at the Excel London between the 15th to 18 February 2018. It is renowned as a fantastic event for those interested in vintage vehicles. It is even possible to watch some of the cars being driven indoors.

There are so many exciting things to do such as view a number of Getaway Cars that have been used in films and in real life robberies by thieves to quickly escape from the scene of the crime. It is being hosted by Philip Glenister who you may remember appeared as DCI Gene Hunt in Ashes to Ashes.

This year, Grand Avenue will enable you to view numerous “Specials” including the likes of an Aston Martin DB4, Ferrari 246 F1, 1938 Alvis 4.3 SWB VDP Tourer, Steady Special, Ford Escort 2000E, Triumph Dolomoite 6, Austin 7 Ulster, Frontline MGB, Eagle Speedster and many, many more.

If you are a racing fan then you may wish to attend the show on the 18th February as you may get the opportunity to see Nigel Mansell CBE as he has been awarded the Icon Award. This is to celebrate the fact that it is 25 years ago that he won the FIA Formula One World Championship back in 1992. A number of the cars that he drove in Formula One will be on display.

You may wish to get along to Quentin Willson’s Smart Buys where he will have on show a number of classic cars that are in his opinion worth owning. He is a renowned motoring presenter having appeared in a number of programs including The Classic Car Show on Channel 5.

In Car Club Square you will have the opportunity to visit the stands of many different car clubs including Aton Martin Owners Club, Bristol Owners Club, Jaguar Enthusiasts Club, Rover SDI Club, Jensen Owners Club, Lamborghini Club UK, Mustang Owners Club of Great Britain and the MG Owners Club to name but a few.

We hope that we have whetted your appetite for the London Classic Car Show, that you manage to pay it a visit and thoroughly enjoy the experience.

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Race Retro Classic Car Sale Approaching

Those of you with a keen interest in classic cars may like to get along to Silverstone Auction’s The Race Retro Classic Car Sale that takes place from the 23rd to 25th February 2018. It promises to be a weekend to remember with some delightful classic vehicles coming up for sale that will no doubt appeal to a wide cross section of enthusiasts.

How about a 1983 Lamborghini Jalpa that is powered by an 8 cylinder 3,500 cc engine producing an impressive 255bhp and capable of reaching a top speed of 155mph. It is worth noting that only 419 of these vehicles were built with only 34 being right hand drive. This particular car is believed to be the first right hand drive produced for a UK purchaser. The car has had a number of owners latterly being in the possession of an enthusiast who had the vehicle restored. It has a mileage of 53,437 that is low for its age. It has an estimated sale price of between £65,000 to £75,000.

If you are an Alfa Romeo enthusiast then you may wish to cast your eyes over a left hand drive 1968 Alfa Romeo Duetto Spider that has a 4 cylinder 1,600 cc engine. The classic sports car has undergone a comprehensive restoration including having the engine rebuilt. In fact, there are invoices for in excess of £50,000 for works carried out. It has an estimated sale price of £30,000 to £35,000. Whoever ends up buying it will be sure to catch the attention of many a passer-by.

Porsche lovers will no doubt want to take a look at a right hand drive 1986 Porsche 911 Carrera Supersport Targa that has a 6 cylinder 3,164cc engine. It is believed that not many of these classic sports cars were built. The vehicle has 91,000 miles on the clock and there are invoices showing that over £35,000 has been spent on the car for such things as MOTs and servicing. Its bodywork is in Iris Blue. It has an estimated sale price of between £47,000 to £52,000.

Ford enthusiasts may wish to look at a right hand drive 1986 Ford Sierra RS Cosworth with a 4 cylinder 1,993cc engine. There are only 56,000 miles on the clock so it is very low mileage. The car has only been in the possession of 3 people and has been very well maintained. Its bodywork is in Moonstone Blue. It has an estimated sale price of between £32,000 to £36,000.

There will be a number of other classic cars for sale at the above auction so why not get along and take a look.

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Mercedes-Benz Built For Hitler To Be Auctioned

It is probably quite rare that a classic car of such historical importance becomes available for sale at a public auction. Well, that is just what is going to happen at the Scottsdale Auction of Worldwide Auctioneers Vintage Motor Car Specialists on the 17th January 2018 when a car built for Adolf Hitler is to be auctioned.

The vehicle in question is a 1939 Mercedes-Benz 770K Grosser Offener Tiurenwagen that was ordered by Adolf Hitler, the Fuhrer of the Third Reich in Germany and which he subsequently utilized on more than one occasion. It has a 7.7 litre supercharged engine no doubt providing a great deal of power that could have got Hitler out of a tricky situation if called upon to do so as it was capable of reaching a top speed of in excess of 100mph.

Bearing in mind who this car was being built for and despite being a soft top it probably does not come as a surprise to our readers to hear that it has armour plated side panels and underfloor as well as a 30mm bullet resistant windscreen.

The classic, historic car was used at a number of parades such as during the state visit of Mussolini the Italian dictator and in the victory parades when Germany defeated France, Yugoslavia and Greece.

In 1946, by which time the Second World War had ended with Hitler being defeated, it is believed the classic vehicle ended up in the USA. In the 1970s the car was restored. The car had several owners. It has been put on display at a number of museums.

Apparently, 10% of the sale proceeds of this classic car are to be donated with a view to helping to educate people about how and why the Holocaust actually took place as well as helping to avoid such an event happening again at some point in the future. It is interesting that no estimated price is quoted on the auctioneer’s website with an estimate only being made available upon request. It would be interesting to find out how much it would cost to arrange classic car insurance on such an important vehicle.

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Aston Martin Once Owned By Sir Paul McCartney Sold

Many of you will be aware that Sir Paul McCartney was a member of the world famous pop group called The Beatles who originated from Liverpool. They had a number of top selling records. Sir Paul obviously had an excellent taste for quality cars as he was the original owner of a 1964 Aston Martin DB5 4.2-Litre Sports Saloon.

He paid just short of £4,600 for the beautiful vehicle including purchase tax and drove the car for about six years before he sold it. The car had just over 40,000 miles on the clock around that time so it certainly appears the musician got his money’s worth out of owning it.

Over the years, it changed hands on a few occasions and was at one point owned by the radio broadcaster Chris Evans who also has a liking for classic Ferraris. In 2012 the classic Aston Martin was bought by someone at auction who had it restored to concours standard. During this restoration work the capacity of the engine was increased to the figure quoted above with this improving the brake horsepower to 315. The interior was fitted out in Mulberry leather and the bodywork was painted in Silver Birch.

The car featured in The Bond Street Sale of Bonhams on the 2nd December of this year when this wonderful classic car sold for £1,345,500 including premium- considerably more than what Sir Paul originally paid for it.

Whilst writing, you may also be interested to note that, at the same auction, a 1966 Austin Mini Cooper “S” Sports Saloon Radford Conversion was sold. It was once owned by another member of The Beatles – Ringo Starr. He had it adapted to enable his drum kit to be transported in the classic car and had it in his possession from June 1967 to December 1968. The car has featured in the well-known car series called Top Gear and it has been in the same family ownership for 40 years. The classic car was sold at Bonhams auction for £102,300 including premium.

It is to be hoped that these cars are covered by suitable classic car insurance in case something untoward happens to one or both of them. No doubt the new owners will enjoy driving them for many years to come.

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Ford Escort Sells For Almost £100,000

Many years ago, I knew someone who used to own a T registration Ford Escort Popular Plus with a 1300cc engine and a dark brown vinyl roof. It was a lovely, reliable family car. Oh, I bet he wished that he had held onto it as, who knows, it may now be worth a considerable sum based upon what I am now going to write about below.

If you happened to attend the recent Silverstone Auctions NEC Classic Motor Show Sale 2017 you could have witnessed the sale of a 1980 Ford Escort Mk2 RS2000 Custom classic car that went for a huge sum of money. The vehicle in question was sold for £97,875 with many people interested in purchasing the classic car.

This particular vehicle only has 927 miles on the clock and is in pristine condition with a chocolate brown interior and Diamond White bodywork. It has spent some time in an air chamber that obviously helped maintain its condition. It is a nippy car capable of getting from 0 to 60mph in only 8.5 seconds as it accelerates to a top speed of 108mph. The car is immaculate inside with “Fishnet” Recaro seats and the door mirror on the driver’s side is of the remote variety. It still retains its new car smell.

Whilst writing, I thought you might also like to hear about a rare 1988 Ford Sierra Cosworth RS500 that also came up for sale at the above auction and achieved a price of £112,500. Only 500 of these cars were built with this one in white. It had a 224bhp engine fitted making it very fast. It has only done just over 6,000 miles and is in wonderful condition.

As if the above is not enough, a 1996 Ford Escort Cosworth Lux was sold at the same auction for an incredible £91,125. It too has that new car smell inside with its black leather seating and Diamond White bodywork. This classic car has only 837 miles on the clock.

If you would like to read about more of the classic cars that were sold at the above auction as well as those that were not sold why not visit the website of Silverstone Auctions. As you will discover, there were many makes and models of vehicles available to buy in addition to Ford cars such as Lotus, Porsche, Jaguar, Ferrari, Triumph and Morgan.

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Ferrari Driven By Schumacher Achieves Record Sale Price

Michael Schumacher is believed to be one of the greatest racing drivers of all time having won many Formula 1 World Championships. He was renowned for his skill at the wheel of such powerful vehicles.

He was perhaps best known for his many successes driving for Ferrari. He could be seen driving at breath taking around the racing tracks located at venues around the world such at Silverstone here in the UK or at the unique street racing track in Monaco.

Well, all you Ferrari and/or Michael Schumacher enthusiasts will no doubt be interested to read that at Sothebys Contemporary Art Evening Auction that took place on the 16th November 2017 in New York a classic 2001 Ferrari F2001 driven by the above racing driver was sold for a record $7,504,000 well in excess of its estimated price of $4,000,000 to $4,500,000.

This particular racing car was driven to victory at the Monaco Grand Prix in 2001 by Michael Schumacher. This race is possibly the one most Formula 1 racing drivers would say is the one that they would most love to drive to victory at. With so few opportunities to overtake on this street circuit you certainly need to be rather brave behind the wheel of an extremely powerful racing car.

Presumably, one of the reasons why the car achieved such a price at the auction was because Michael Schumacher had sat behind the wheel of the vehicle and had some success in it. Another reason is no doubt because it is manufactured by Ferrari whose name within the racing world is reputedly second to none.

The new owner is no doubt extremely proud at having been successful at auction in pursuit of this fantastic looking classic racing car. Its sleek design as well as the racing ability of Michael Schumacher no doubt helped in its success at Monaco. We hope that the new owner enjoys his or her purchase and gets the opportunity to drive it at one of the many Formula 1 circuits around the world.

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Interesting Classic Cars to Come Under The Hammer

Bonhams is to preside over the sale of a number of interesting classic cars at The Bothwell Collection auction that is to take place on the 11th November 2017 in Los Angeles. Below we mention a number of the classic motors that are to come up for sale but more information can be found on the Bonhams website.

A 1914 Peugeot L45 Grand Prix Two Seater may realize in the region of £2,300,000 to £3,800,000. It has a 112bhp 4,491 cc engine. It has been well maintained. It is painted in a delightful blue and has red leather seating.

A Benz 75/105HP Prinz-Heinrich Racebout manufactured in circa 1908 is hoped to be sold for between £760,000 and £1,100,000. This 7,272cc sports car has been beautifully restored.

How about a 1912 Rolls-Royce 40/50HP Open Drive Landaulette that could end up being sold for between £340,000 to £460,000. This vehicle has a 6 cylinder 7,428cc engine. The bodywork is painted in a gorgeous blue and the vehicle is still used to this day.

If you would like to be the proud owner of the only two-cylinder Packard then how about a 1902 Packard Model G Four-Passenger Surrey. It is estimated that this classic vehicle could fetch between £190,000 to £270,000. Although the car had been damaged in a fire it was carefully restored.

The above classic motors are part of an extensive collection of vehicles that are to be offered for sale at the above auction. Many of the vehicles have more modest estimated prices so why not take a closer look on Bonhams website before deciding if it is worth making the long trip from the UK to the USA to attend the auction. Do bear in mind that if you decide to purchase one that you will also be responsible for the shipping costs. You will no doubt wish to make sure that you have suitable classic car insurance in place.

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