First Porsche To Be Auctioned

Porsche is renowned as a manufacturer of some of the most sought after sports cars in the world. They have been built for many years up to the present day and let us hope that this continues well into the future. Porsche sports cars are bought by the discerning owner and are renowned for their power and great, timeless looks.

Their cars have appeared in many well-known races achieving some success over the years. They will no doubt continue to do so.

So, when what is believed to be the first Porsche car ever built is going to be offered for sale at auction, it is highly likely that it will attract a great deal of interest from potential buyers.

Well, if you are an enthusiast of the Porsche you may wish to get along to RM Sotheby’s Monterey auction that is to take place on the 15th to 17th August 2019 at which a 1939 Porsche Type 64 is being offered for sale. It is rumoured that it could fetch in the region of $20 million so you will no doubt need a sizeable bank balance.

It is believed to be the first Porsche ever built with this no doubt having some bearing upon why it is expected to fetch such a sizeable sum of money.

Of course, for any classic car enthusiasts here in the UK who have a particular interest in Porsche, it is a long trip to make but it may be an opportunity that one or more of you do not wish to miss out on.

If you are considering investing in a classic car then you may wish to get some professional advice about the vehicle. You may also wish to consider insuring such a vehicle. In that respect, why not get in touch with us and we will do all that we can to try to obtain a competitive classic car insurance quotation to insure a highly, sought after vehicle.  

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Q1 2019 Sees Small Reduction In Cost Of Car Insurance

Any drop in the cost of car insurance has got to be welcomed no matter how small the saving. So, readers will be pleased to hear that, according to the Confused.com Car Insurance Price Index, the average premium for fully comprehensive car insurance fell by £12 per annum from £774 per annum in the last quarter of 2018 to £762 per annum in the first quarter of 2019. Let us hope that those of you who have classic car insurance also benefit financially.

The age of the motorist is one of the factors that affects how much you pay for your cover. As a general rule, it is the young, inexperienced driver who pays the most for their car insurance. The above index revealed that, on average, an 18 year old paid the most for their cover at £2,018 per annum. That is an increase of £98 per annum when compared with the previous quarter.  A 17 year old paid an average of £1,905 per annum. A 34 year old pays an average of £647 per annum. A 66 year old pays the lowest amount at an average of £431 per annum. As you can see from the above figures there is a huge variance in premiums.

When it comes to the age of people owing classic cars, there are no doubt going to be more people in their 40s and 50s who buy a classic car than those in their late teens and early 20s who invest in such a vehicle.

The index revealed that 58% of motorists whose policy came up for renewal in the first quarter of 2019 decided to renew their cover with the same insurer. Presumably, some of those motorists did not bother to see if they could have got the cover cheaper elsewhere. That is a shame as research reveals that motorists who decide to move their cover to another provider at renewal were able to save an average of £81 per annum. We are sure you will agree that is a significant saving.

So, if your classic car insurance policy is coming up for renewal, why not check to see if you are able to arrange the same level of adequate cover with another provider for less money. One way of doing this is to use a specialist price comparison website that has an extensive panel of insurers. It is usually simple and quick to use such a website.    


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Interesting Barn Storage Classic Vehicle Collection Auction

Those of you who are classic car enthusiasts may be interested to read that in a few days time The Barn Find Collection auction of classic vehicles is to take place having been organised by John Pye Auctions. You can view the catalogue on the auctioneer’s website but we mention some of the vehicles below.

There has already been a public viewing on the 15th April with two further ones scheduled for Good Friday 19th April and Easter Monday 22 April 2019 between 10am and 2pm at the auctioneer’s Marchington location in the Midlands. The auction concludes at mid-day on the 25th April 2019.

The vehicles in question have been kept in a barn around Tunbridge Wells.

There is a Dennis N Type Fire Engine being offered for sale with an estimated price of £30,000 to £40,000. It was built way back in 1914 and, needless to say, its bodywork is in red. Back in 1919, it was bought for £1,320 and was used by the Folkestone Fire Brigade. It has been subject to a restoration project. It was capable of releasing around 880 gallons of water in a minute.

How about a Leyland TSW 14T “Hippo” with tanker body that is available to bid for with an estimated price of £13,000 to £18,000. It was built around 1940. The red/black bodywork gives it a striking appearance. It has also been subject to a restoration project but that has not been fully completed with still some works to do. It is said to have 22,908 miles on the clock.  

A Dodge Pick Up Truck with a tipper body is being offered for sale with an estimated price of £4,000 to £8,000. It is believed to have been built between 1930 to 1932. Some restoration work has been completed but there is still more to do so it should make an interesting project for someone. It was purchased by the current owner in 2010 who brought it over from France.

It is lovely to see a white Morris Minor Traveller being offered for sale having been bought by its current owner in 1997. It was registered in August 1968 and has an estimated sale price of £1,500 to £3,000. It has a 1,096cc engine. It is in need of a significant amount of restoration work so should present a challenge to a classic car enthusiast who enjoys restoring such vehicles.

So, if you are interested in adding to your classic vehicle collection or buying one for the first time then why not get along and take a look.

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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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