Classic Cars To Be Auctioned By Bonhams

Those of you who are considering buying a classic car may be interested to hear that the Bonhams Goodwood Members’ Meeting auction of classic vehicles is to take place on the 7th April 2019. Below, we mention a number of the cars that are being offered for sale but you may wish to take a look on Bonhams website for a full list.

If you fancy owing a classic car that has previously been in the possession of a star then how about a 1974 Ferrari GT4 Berlinetta Boxer whose first owner was no less than Sir Elton John. This is an extremely rare car as it is one of just 58 that were manufactured for the market here in the UK. This particular vehicle has a very low mileage at 9,700 making it even more appealing. Its 4.4 litre engine produced 360bhp and it was capable of powering to a top speed of circa 175mph. The bodywork is in a lovely red and black and certainly catches the eye. In 2012 it had a major service. It has an estimated sale price of £250,000 to £300,000.

If you are looking for something a little more regal then why not take a look at a 1929 Bentley 4 and ½ litre Tourer. It has been in the same family ownership for an incredible 80 years which is rare these days. It is said to have been well maintained. This open-topped luxury classic car would certainly look the part on a lovely, sunny summer’s afternoon with the roof down. Only 662 cars were manufactured making it rather rare. This is being offered for sale at between £600,000 to £800,000.

If you are a fan of the Aston Martin then how about a 1964 Aston Martin DB5 Sports Saloon to Vantage specification. This is quite a rare vehicle with only 1,021 being manufactured. It has had an awful lot of money spent on its restoration with invoices of £340,000 being available. Its bodywork is in Sierra Blue. It has a 4 litre engine producing 282bhp making it very powerful. It has 4 seats so can be used by a family who appreciate driving around in an iconic vehicle. It has an estimated sale price of £580,000 to £660,000.

A wonderful looking 1956 Mercedes-Benz 300SC Coupe is being offered for sale at the above auction and will probably attract a lot of attention. It is one of only 200 that were manufactured. The bodywork is in a lovely red. It has a tan leather interior. It was capable of getting from 0 to 62mph in about 13 seconds and had a top speed of in the region of 112mph. It has an estimated sale price of £400,000 to £500,000.

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Good Selection Of Classic Cars At Forthcoming Auction

If you are interested in buying a classic car then you may wish to consider getting along to the H and H Classic Car Auction that is to take place at The Pavilion Gardens, Buxton on the 10th April 2019 as there is quite a choice of classic vehicles being offered for sale with quite a wide price range. Below, we highlight just a few of the vehicles that are being offered for sale but a full list can be seen on the handh.co.uk website.

How about a 1972 Volkswagen Type 2 Camper Van that has an estimated sale price of £8,000 to £12,000. The coachwork is in two colours – blue and white and it really does look impressive. It comes with an elevating roof to provide extra headroom. A great benefit is that it is 4 berths making it ideal for a family to take off on a much needed weekend break or perhaps a longer holiday. It has had repairs to the chassis and a reconditioned engine.

If you have got a bigger bank balance then you may wish to take a look at a 1965 Austin Healey 3000 MK111 that has an estimated sale price of £45,000 to £55,000. This also has a two tone colour scheme for the bodywork in red and cream. It has been restored. It was in the same ownership from 1972 to 2014. This is a lovely looking soft top sports car that you could enjoy taking out for a spin on a warm summer’s afternoon.

What about a 1953 Bentley R-Type H.J.Mulliner Sports Saloon that has an asking price of £24,000 to £28,000. It has blue leather seating and a lot of woodwork inside. It has a 4,566cc engine and was capable of reaching a top speed of more that 100 mph. This wonderful looking vintage sports saloon car is also very rare with not many being built.

If you enjoy off-road driving then you might like to take a look at a 1985 Land Rover Defender 90 TD1. This vehicle has an estimated sale price of £7,000 to £8,000. One of the nice things about this classic vehicle is that it has only done 79,000 miles that, for its age, is a reasonably low mileage. It also has a 200TDi engine.  

If you are interested in the Mini then why not take a look at a 1963 Austin Mini 850 Super De Luxe. This has no reserve price.  It has a mere 7,700 miles on the clock. It has had the same owner since way back in 1983. This is certainly a classic car that is worth taking a good look at.                                                      


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Classic Jaguar Sports Cars For Sale

If you have an interest in classic Jaguar sports cars then you may wish to take a look at the Jaguar Sports Car Collection that is being offered for sale through Pendine Historic Cars Ltd. The company is selling a collection of these cars on behalf of Dr Christian Jenny who has built up a collection spanning a number of years.

If you are interested in buying one then you may initially wish to take a look on the above company’s website although, at the time of writing this document, you will see that one of the cars has already been sold and another is under offer so presumably there is quite a lot of interest from classic car enthusiasts.

Below we highlight some of the Jaguars that are being offered for sale: –

1952 Jaguar C-Type 

This is in a beautiful red colour and has been restored. It was imported from the USA and has been raced by a number of drivers including a racing driver by the name of David Fogg and Jack Douglas who was Bob Hope’s scriptwriter. The car was restored by the well-known Terry Larson.

1961 Jaguar E-Type Series 1 Fixed Head Coupe

Apparently, this particular Jaguar was the first E-Type ever to be seen in public and when it came into the possession of Dr Jenny it was carefully restored. It has to be said that this classic sports car looks stunning. It is said to be one of the most important non-racing Jaguars that has become available for sale.

1937 SS Jaguar 100 2.5 litre

What a beautiful looking open topped sports car. It was originally owned by the silver medal winning Swiss Olympic bobsleigh team member by the name of Hans Aichele. When it came into the ownership of Dr Jenny it was restored by Terry Larsson. In 2004 it was a Pebble Beach award winner.

1950 Jaguar XK120 Roadster

This is a wonderful looking classic sports car. It has spent all its life in Switzerland. It took part in a motor hill climb race in 1955. It has been beautifully restored.

So, if you are interested in owning a classic Jaguar car, why not spend some time looking on the website mentioned earlier for more information about the above vehicles and the other ones also forming part of the collection. If you are looking for classic car insurance why not get in touch and we will be pleased to assist in obtaining a competitive quotation.


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What Will Happen To Classic Car Prices?

People buy classic cars for one or more of a number of reasons. Some will buy such a vehicle to restore it. Others will buy one that is in excellent condition to take it out for a run on a lovely Sunday afternoon. A number of other classic car enthusiasts will buy it as an investment often keeping it in a garage out of sight of other people hoping that it will rise significantly in value so that they can sell it for considerably more than they paid for it in a few years time.

Those people buying a classic car as an investment are obviously taking a risk as there is absolutely no guarantee that the value of their new purchase will rise in value. In fact, it could possibly fall in value.

If we knew what was going to happen to the price of a classic car we could take appropriate action. For instance, if we knew that a particular car was going to say double in value over a 5-year period then we would be sorely tempted to buy it. If we knew that the price of another classic car was going to fall in value then we would no doubt decide not to buy it at the moment but possibly consider buying it at a future date when the price is lower. In this respect, the trick would be to purchase it when its price was at its lowest but unfortunately nobody knows with any certainty when that date will be.

In some respects, it would be better if we bought a classic car for non-financial reasons such as purely for the pleasure of driving such a vehicle around or taking it to shows to be admired by other classic car enthusiasts. If it went up in value then that would be of only secondary importance.

If you searched on the Internet for “what will happen to classic car prices” you will no doubt come across a number of websites that make comments about this. It is quite possible that you may get a mix of opinions.


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Bonhams To Auction Interesting Classic Cars

If you are an enthusiastic classic car collector then you might wish to consider popping over the English Channel to attend Bonhams Grand Palais Sale of desirable classic cars at Les Grandes Marques Du Monde Au Grand Palais in Paris on the 7th February 2019 at the Grand Palais. It has the makings of a memorable classic car auction with a number of very interesting vehicles that will no doubt attract the attention of some serious vintage car owners.

There are a variety of classic cars that will no doubt attract the eyes of many a collector of such vehicles. Below we mention but a few: –

How about a Mercedes-Benz Gullwing with this one being built way back in 1955. It is the Mercedes-Benz 300SL “Gullwing” Coupe and it is in absolutely impeccable condition. It has featured at a large number of events including the Spain Rally FIA, the Concours Arts et Elegance Richard Mile in Chantilly and the Mille Miglia. You will need deep pockets to buy this vehicle as it has an estimated sale price of 1,100,000 to 1,500,000 euros.

You may wish to spend some time checking over a 1957 BMW 507 Series 1 that has an estimated sale price of 1,800,000 to 2,200,000 euros. Only 34 of the Series 1 were built making it an extremely rare vehicle and will no doubt attract the attention of many interested buyers.

There is a very interesting Porsche being auctioned. It is a 1950 Porsche 356 Split-Window “Four Digit” Coupe that is in fabulous condition. It is believed that there are only 30 of these in existence so it is extremely rare. It has an estimated sale price of 800,000 to 1,00,000 euros.

If the above has whetted your appetite then you may wish to get along to the auction and see if you can get a classic vehicle for your own purposes. You may well be the envy of your neighbours.

If you are investing in a classic car then you will no doubt be looking for some quality classic car insurance. Do not worry as there are quite a lot of companies that offer cover for such vehicles. You can contact ourselves and we will aim to put you in touch with one or more classic car insurance businesses with a view to obtaining a competitive quote.


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            

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Car Insurance Premiums Rise In Q4 2018

According to MoneySuperMarket.com that is a well-known price comparison website, the average cost of fully comprehensive car insurance unfortunately rose in the last quarter of 2018. This news will no doubt disappoint some motorists including those who also drive classic cars as they may well have seen both the cost of insuring the family car and their vintage vehicle go up.

The above comparison website found that in Q4 of last year the average premium for comprehensive car cover was £514 per annum with this being some £30 per annum more than the average cost of insuring a car for that level of cover when compared with Q3 of 2018. Yes, that is concerning but it should be borne in mind that in the 4th quarter of 2017 such insurance cost an average of £574 per annum meaning that we have seen premiums fall by an average of £60 per annum over a 12 month period.

This could mean that the average cost of fully comprehensive classic car insurance has changed in similar percentage terms. If this is the case then what can the motorist do to try to mitigate this?

Well, you should not just accept the renewal quote you receive for insuring your classic car. You should shop around to see if you can get the same level of cover but for a lower premium from another provider. There are numerous price comparison websites that you can check to see how much you could insure your vintage vehicle for and it will cost you nothing to find out other than a little bit of your time. As these websites are available 24/7 you can obtain quotes at a time that is convenient to yourself i.e. on a weekend or after you return home from work in the evening.

There are no doubt some motorists who go through this process and switch classic car insurers but, when their policy comes up for renewal again in a year’s time, they do not bother to see if they can get the cover cheaper elsewhere. There is no reason why you should not go through the same process each year to see if you could save yourself some money.


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Classic Ferrari 250 GT May Fetch Over $5 million

The Gooding & Company Scottsdale Auction is to take place in the next few days and there are a number of interesting classic cars being offered for sale. One in particular may well attract an awful lot of attention.

The vehicle in question is a 1958 Ferrari 250 GT Tour de France Berlinetta and it has an estimated price of $5,750,000 to $6,500,000. It has had a variety of owners over the years and has taken part in a number of races including the 1958 Grand Prix of Venezuela where it finished 2nd overall, the 1959 Grand Prix of Trinidad where it finished 3td overall but 1st in its class and the 1959 Circuito de la Ciudad Maracaibo where it finished 2nd overall. It has also been on show at a variety of Concours events including the Ferrari Club of America International Concours Monterey in 2004 when it received a Silver Award.

This is a particularly rare vehicle as only 78 of the 250 GT Berlinetta were manufactured. It is a wonderful looking classic sports car. It is one of only 36 cars built by Carrozzeria Scaglietti in the single-louver body style. The bodywork is all in aluminum. It has a V12 engine capable of producing 250.8 bhp.

In the early 1990s this classic sports car was subject to a thorough restoration process and it has taken part in many events over the years.

There are also a number of other classic Ferraris being offered for sale with an estimated sale price of $1 million plus such as a 1963 Ferrari 250 GT SWB Berlinetta with an estimated price of $6 million to $8 million.

There are many other classic vehicles being offered for sale at the above auction so the event will no doubt be well attended.  For instance, there is a 1955 Mercedes-Benz 300 SL Gunwing that has an estimated sale price of $1,100,000 to $1,400,000. It has an interesting history having been originally owned by a renowned conductor called Herbert Von Karajan.

So, if you are a classic car enthusiast then you may wish to get along to the above auction. If you require classic car insurance then why not get in touch with us and we will happily help arrange for you to receive a competitive quotation without any obligation.


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Interclassics Maastricht Historics Automobile Auction On The Horizon

If you are a classic vehicle enthusiast and you also fancy a few days in the Netherlands then why not get along to the Coys Interclassics Maastricht Fine Historic Automobile auction that takes place during the period 10th  to 12th January 2019. There are a number of interesting vehicles being offered for sale full details of which can be found on the coys.co.uk website but we mention some of them below.

How about a 1960 Austin Healey Sprite that has an estimated price of 10,000 to 15,000 euros. It is a lovely looking two seater sports car which was capable of a top speed of around 86mph. It is left hand drive. It has recently has some 6,000 euros spent on it towards restoring it. It will certainly catch the attention of passers by.

You may like to take a look at the 1962 BMW 502 V8 “Barockengel” that has an estimated price of 27,000 to 32,000 euros. It is left hand drive. It really does look a beautiful saloon. It has a wooden dashboard. Lovely looking cream coloured upholstery.

There is a great looking 1958 Jaguar XK150 Fixed Head Coupe that has an estimated sale price of 45,000 to 55,000 euros. This is believed to be a nippy saloon car with a 3.4 litre engine. It is left hand drive. It has wonderful looking red leather seats and a cream bodywork. It has new chrome wheels.

How about a 1969 MGC GT two seater sports car in blue and black leather seats. It has an estimated sale price of 18,000 to 22,000 euros. The vehicle was able to get from 0 to 60mph in 10 seconds as it powered to a top speed of 120mph making this an extremely nippy classic sports car. It has been in the same ownership since 1994.

If you fancy owning a classic car that was once in the possession of a rock star then you may wish to take a look at a 1959 Austin A35 that was once driven by Phil Collins. This has an estimated price of 7,000 to 10,000 euros. It is right hand drive and is a 4 door saloon. It has grey coloured bodywork and red leather seats.

Ferrari enthusiasts may wish to take a look at a 1973 Ferrari 365 GT4 Coupe with a turquoise coloured bodywork and lovely looking cream leather seats. It has an estimated price of 75,000 to 80,000 euros. It is left hand drive and has 4 seats. Only 524 of them were built making it somewhat rare.

If you are considering buying a classic car or already own one then why not let us help arrange for you to receive a competitive quote for classic car insurance.


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Affordable Classic Cars Auctioned

The H and H Classic Car Auction took place at The Pavilion Gardens, Buxton on the 28th November 2018. We thought we would share with you some of the classic vehicles that were sold on the day. Full details can be found on the auctioneer’s website.

A 1975 Volkswagen Beetle 1200 that had an estimated price of £2,500 to £3,500 was actually sold for £2,475. This nice looking car had had new carpets fitted and the seats had been re-trimmed.

How about a green 1966 Morris Mini Minor that had an estimated price of £3,000 to £4,000 but was actually sold for well above that figure at £6,300. This lovely car had been in family ownership since way back in 1973 and it had a very low mileage for its age at 65,146.

A great looking red 1967 MG Midget 1275 had an estimated sale price of £4,500 to £5,500 and was sold for £5,287.50. This wonderful 2 seater open top sports car has been restored in 1999 and has banjo steering wheel and fantastic looking wire wheels.

A delightful pale green 1957 Morris Minor 1000 Convertible had an estimated sale price of £3,000 to £4,000 but only achieved a sale price of £2,137.50. Apparently, it is said that this vehicle has only had two previous owners. It will no doubt look the part in the summer months with its roof down.

A 1964 Daimler V8-250 had an estimated sale price of £8,000 to £10,000 but achieved a higher sale price of £12,150. This is a low mileage vehicle for its age at 70,361. It has been in its current ownership since way back in 1980. This classic salon car is said to have been garaged.

How about a reddish 1981 Triumph Spitfire 1500 that had an estimated sale price of £8,000 to £10,000 that was actually sold for £10,800. For its age, it has a low mileage of 76,500. It has lovely looking wire wheels and has been restored. This open topped two seater sports car will look wonderful in the warm summer months especially with the top down.

Going back in time, a 1926 Talbot 10/23 Tourer had an estimated sale price of £8,000 to £10,000 but was eventually sold for £9,337.50. It has had a lot of restoration work and its 1.1 litre engine is capable of a top speed of 55 mph. What a delightful looking car.

If you fancied owning a luxury car but didn’t have a huge sum of money then a 1986 Rolls-Royce Silver Spirit had an estimated sale price of £3,000 to £4,000 but was actually sold for £5,175. This is a low mileage vehicle with only 62,131 recorded miles. It has been in the same ownership since 2007.

If you are looking to buy a classic car then why not get in touch with us for a no-obligation insurance quote.

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Small Increase In Car Insurance Premiums

According to the Confused.com car insurance price index, for the third quarter of 2018, there was a small increase in premiums of 1% when comparing the figures for the previous quarter here in the UK. Such an increase may have also been seen in the cost of classic car insurance for some motorists.

On average, motorists are paying £760 per annum for fully comprehensive car insurance with this being a rise of £8 per annum when compared with the second quarter of 2018.

Premiums in South Central England and East Midlands have, on average, risen by £18 per annum when comparing Q3 of 2018 with Q2 of 2018. However, it is Inner London where motorists are, on average, paying most for their car insurance with premiums being in excess of £1,000 per annum. When compared with the same quarter in 2017, that is a significant fall of £149 per annum.

One would hope that the average amount paid by motorists to insure a classic car on an annual basis would be lower than that charged by insurance companies to insure a normal family car.

It is important that classic car enthusiasts shop around to try to get a competitive quote for classic car insurance whether that is for a motorist whose policy is shortly coming up for renewal or someone looking to insure their first vintage vehicle. Do bear in mind that it is not always about the price of such cover but another important factor that you may wish to take into account is the claims experience of the insurance company you are considering favouring with your business. Ideally, you want to be arranging such cover at a low premium but where the insurance company will provide excellent benefits.

Here at Classics Car Insurance, we will continue to keep our readers up to date with any possible increase in premiums that they may be going to be faced with. Obviously, in many cases, motorists will have been able to monitor their premiums online. If they do go up then an option, at renewal, is to negotiate the premium for a suitable motor insurance policy.

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