Classic car enthusiasts will be interested to read that at the Historics Auctioneers auction of classic cars that took place on 15th May 2021 at Ascot Racecourse, a number of cars were sold for a price exceeding the guide price. We mention below some of those that did this but full details can be found on the auctioneer’s website. Is this an indication that a classic car is still considered to be a potentially good form of investment?

A right-hand drive 2 + 2 1970 Alfa Romeo 1750 GT Veloce that had an estimated price of £25.000 to £30,000 was sold for well over this figure. It was sold for £40,752 and is said to be in very good condition. It has 30,601 miles on the clock with that being a very low mileage for a vehicle of this age. The bodywork is in Biancospino and it has a black interior.

A 1961 Jaguar Mk 11 (2.4 Litre) four-door saloon making an ideal classic car for the family that had an estimated price of £13,000 to £17,000 was sold for £17,920. The bodywork is in British Racing Green, it has a green leather interior and a wooden dashboard. It is said to be in very good order.

A 1966 Mercedes-Benz 250 S four-door saloon that had an estimated price of £16,000 to £20,000 was sold for £20,942. It only has 23,622 miles on the clock and is said to be in good order. This car was once owned by Bill Wyman who is a member of the Rolling Stones.

A 1958 Jaguar XK150 SE Roadster had an estimated price of £65,000 to £80,000 but was sold for well over this at £92,960. It has been fully restored with between £50,000 and £70,000 said to have been spent on it and its bodywork is in British Racing Green. It has a green leather interior, 3.4 litre engine and a 5-speed gearbox.

A red 1973 Lancia Fulvia HF (1.6 Litre) that had an estimated price of £39,000 to £45,000 was sold for £49,808. It has 62,251 miles on the clock. It has been fully restored at a cost of what was said to be over £60,000.

For those of you who are considering buying a classic car you will no doubt need suitable insurance. In this respect, why not get in touch with us and we will do all that we can to help you obtain a competitive classic car insurance quotation.