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Auto NewsStrong results in Letchworth's Classic, Retro and Performance Sale

Strong results in Letchworth’s Classic, Retro and Performance Sale

A number of the cars sold exceeding their estimates.

The latest Letchworth Motor Auctions’ Classic, Retro and Performance Sale saw some strong results.

Auction lots in the May Classic, Retro and Performance sale included a very special Mini Mayfair transformed by specialists, Z Cars. Powered by a Suzuki Hayabusa engine and with plenty more modifications, it exceeded its £5000-£8000 estimate by selling for an impressive £10,246.

Classic, Retro and Performance Cars

A pair of American classics also found new homes, including a Dodge Demon that was estimated at a tempting £8000-£10,000 and that went on to fetch £9701. There was also strong bidding for the Packard 4S Straight 8 which flew past its £8500-£12,500 estimate, the hammer falling at £13,080.

It was also a fine result for the Subaru Impreza WRX that sold for £4469, exceeding its £2500-£3500 estimate. Also carrying that same estimate was a Fiat X1/9, the Italian sports car finding a new home for £3488.

There were bargains to be had when it came to French classics with a Renault 19 saloon estimated at £500-£1000 selling for a bargain £373. Fetching a little more was the Peugeot 309GL that sold for £600 against an estimate of £750-£1500.

British cars proved popular, too, with a highlight of the sale being the one-owner 1985 Austin Metro offered with an estimate of £4000-£6000. It had covered just 11,450 miles from new and was snapped up by a buyer for £4578. And for something a little older the Morris Oxford Sports Coupe sold for a below-estimate £8720.

But with summer just around the corner it was no surprise that the sale’s classic convertibles attracted plenty of bids, a buyer snapping up the pretty Fiat Barchetta estimated at £1500-£2500 for £1350. Other tempting drop-tops exceeded their estimates, though, with a Mercedes-Benz 300SL-24 fetching £6072 and a Saab 900 T16S seeing brisk bidding to sell for £5123 – it had been estimated at £3000-£4000.

Managing Director Simon Morgan said: “Our May sale offered a strong variety of classics, with something for every taste and budget. Together with sensible estimates it resulted in more than sixty percent of the cars finding new homes, which I’m very happy with, and I’m looking forward to even stronger sales in the future.”

Entries are now being invited for the next Classic, Retro and Performance sale which takes place on Saturday 29th July.

Owners who would like to discuss entering their vehicle into the July auction or a free valuation can contact Adam or Simon via email to sales@lmauctions.co.uk or by phoning 01462 480 499.

Find more info:
Letchworth Motor Auctions


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