Market Intelligence
ACA. Little money, lots of great deals
This article discusses the results of a two-day ACA auction held in November, with a focus on affordable cars that were sold on the first day of the event. The auction offered 239 cars, 68 of which had no reserve, with a total pre-sale estimate of £1,722,850. The article highlights some of the most interesting sales, including a 2000 TVR Griffith, a 1974 Jensen Interceptor S3, a 1975 Rover P6 3500, a 1968 Maserati Quattroporte, and a 1990 BMW E30 325i Touring. The article concludes that the auction confirms the lively market for affordable classic cars.
Finally an auction that doesn’t make your wallet tremble: the two-day ACA event was held at the beginning of November in the headquarters of the Auction House in King’s Lynn, with the second day dedicated to the most expensive cars (so to speak, since the top lot didn’t reach £60,000!).
First, some numbers: 239 cars offered, 68 (28.45%) of which came without reserve, for a pre-sale estimate of £1,722,850 (€1,966,495). At the end of the second day, takings from the 213 cars sold were £1,771,218 (€2,021,705) or 102.81% of the total estimate. This confirms that even at these price levels (the average price per car was £8,315 or €9,490) the market is very lively indeed.
