This week we want to take a look at the “minor” auctions at the other end of the spectrum to millionaire ones that require bloated wallets. This is a topic that interests everyone, so I selected ACA held on 29th January, and Brightwells on 16th February. The first offered 212 cars for sale worth £1,317,250 (about £6,213 per car) and sold 193 of them for £1,672,489 in total, equivalent to somewhere around €2m. The result? A splendid 91% of the lots were sold, for a very impressive 127% of the estimated value with an average price per car of £8,666 (€10,365).
Signing up is free and gives you access to hundreds of articles and additional benefits. See what’s included in your free membership. See what's included in your free membership.
Already have an account? Log In