Market Intelligence
Fantastic! Small budgets, great cars
The European Sale by RM Sotheby’s offered great deals for car lovers with limited budgets. Over 70% of the 166 cars sold for less than EUR 100K, with five particularly notable bargains, including a 1970 Lotus Elan S4, a Mercedes-Benz 500 SEC Koenig, a 1936 BMW 329 Cabriolet, a 1986 BMW M5, and a 1996 Renault Sport Spider, all sold for prices below their pre-sale estimates. This article highlights these cars and notes the potential value and enjoyment that can come from purchasing such vehicles.
Organized online by RM Sotheby’s, The European Sale turned out be a real goldmine for car lovers with limited budgets. A remarkable 118 of the 166 cars that changed hands (over 70%) sold for less than EUR 100K, and, I have to say, there were some incredible bargains among them.
Here I have picked out five, all of which show that you don’t have to have a big budget to buy a great car.
The 1970 Lotus Elan S4 from the Petitjean collection was surely one of the best deals. Built in RHD
