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Re: At The Auctions
Posted: Fri Aug 18, 2023 11:34 am
by BigWig
If my experience if anything to go by, the seller has probably shared all the details about the car, but they just haven't got around to attaching it to the listing.
Re: At The Auctions
Posted: Fri Aug 18, 2023 12:44 pm
by Pete
No wonder Derek doesn’t like Minis.
. To be fair they’ve sold a few moody cars before (including that ex Chris Evans Italian Job Mk1 S rep with the non S engine in it that he swore was correct!) but how much effort do they need to put into researching these cars? I would imagine most auction houses dread selling Mini Coopers compared to most classics. Aswell as some great cars it’s also fair to say some of the most infamous ringers end up either at a dealer or going through auctions and most the time they just push them through. Often it’s too much agro for them to pull them but the smell of commission must be pretty overpowering. It’s a fine line isn’t it.
Re: At The Auctions
Posted: Fri Aug 18, 2023 2:55 pm
by mk1
Most auction houses will always argue that they are the sewer pipe, not the sewerage. All descriptions are always hedged round by terms like "The owner says" or with little or no comment at all. And of course, it is always a bidders duty to do due dilligence.
That has always been the advantage of selling by auction.
As a great pholosopher once said.
BUYER BEWARE!
Re: At The Auctions
Posted: Sun Aug 27, 2023 8:20 am
by Metronick
Re: At The Auctions
Posted: Sun Aug 27, 2023 8:41 am
by Metronick
Re: At The Auctions
Posted: Sun Aug 27, 2023 8:56 am
by Exminiman
Nice car for the price, nice to have the Longman connection EDIT..reminder to self, stop using “Nice”
Re: At The Auctions
Posted: Sun Aug 27, 2023 10:30 am
by Pete
That might look cheap on the surface for a restored 970 (about £36k with commission?) but I suspect the fact that it was built from a logbook (one of a collection of logbooks that was sold off a few years ago) didn’t escape the buyers and the price probably reflects it. Nice car to own for someone either way!
Re: At The Auctions
Posted: Sun Aug 27, 2023 10:39 am
by Pete
The Ogle SX1000 didn’t sell but this sold for very good money!
https://www.iconicauctioneers.com/1966- ... 456&pp=100
Re: At The Auctions
Posted: Sun Aug 27, 2023 6:39 pm
by andys
Re: At The Auctions
Posted: Sun Aug 27, 2023 10:26 pm
by Brynmor
As Auction results go the Iconic results across the board this weekend where all over the place. My gut feeling from last year and I think this year reinforces it , is they’ve got too many lots and too many ‘special/ famous owner’ type cars in the one sale.
The McRae cars should have done much better but realistically there’s a small pool who could probably buy one a year but not four at once…the biggest bargain of the weekend was a A35 for academy spec for £12500!
Re: At The Auctions
Posted: Thu Aug 31, 2023 1:14 pm
by Metronick
With prices perhaps softening this could be a bargain….
https://www.bonhams.com/auction/28307/l ... -no-18330/
Re: At The Auctions
Posted: Thu Aug 31, 2023 1:59 pm
by Fanfaniracing
This is a very nice Car.
Restoring it would be a shame...
Re: At The Auctions
Posted: Thu Aug 31, 2023 2:30 pm
by MiNiKiN
Fanfaniracing wrote: ↑Thu Aug 31, 2023 1:59 pm
This is a very nice Car.
Restoring it would be a shame...
♥ lovely car - agree, it would be a shame to remove its authenticity
Re: At The Auctions
Posted: Thu Aug 31, 2023 2:41 pm
by rpb203
Brilliant car, would want to do just enough to get it driving again.
Guess it could well go for more that the guide price though although the buyers premium at 28% is a painful add on though?
So if it hit a top at £35k really means closer to £45k.
Re: At The Auctions
Posted: Sat Sep 02, 2023 2:28 pm
by Pete
Commission was £15% Gary altogether so the final selling price was £40,250, I did bid!
I reckon that was still a great buy for a unique car that there may well turn out to be more to than was being described! (Ie it was raced in period!! Just like the PMS SD1 show car they also had built). I also reckon they’d have got more for it had they reduced the bidding increments from £3k to £1k but that’s just sour grapes on my part.
Would love to know who bought it and I do hope it’s not ripped apart and turned into a historic racer.
Re: At The Auctions
Posted: Sat Sep 02, 2023 5:12 pm
by BAD942B
Re: At The Auctions
Posted: Sat Sep 02, 2023 5:22 pm
by rpb203
Pete wrote: ↑Sat Sep 02, 2023 2:28 pm
Commission was £15% Gary altogether so the final selling price was £40,250, I did bid!
I reckon that was still a great buy for a unique car that there may well turn out to be more to than was being described! (Ie it was raced in period!! Just like the PMS SD1 show car they also had built). I also reckon they’d have got more for it had they reduced the bidding increments from £3k to £1k but that’s just sour grapes on my part.
Would love to know who bought it and I do hope it’s not ripped apart and turned into a historic racer.
Same here would hate to see it spoiled.
Re-commissioned to get it running soundly again.
But not turned into a historic racer.
Re: At The Auctions
Posted: Sat Sep 02, 2023 5:47 pm
by Leopold1760
Hi
Anyone have any idea why the Merseyside Police car with the 970S engine in it (which was a 1275) is still for sale at Iconic Auctions?
Re: At The Auctions
Posted: Sat Sep 02, 2023 6:40 pm
by Rusty old S
Probably didn’t make the reserve. Open to their price.
Re: At The Auctions
Posted: Sat Sep 02, 2023 8:44 pm
by 1ely
Pete wrote: ↑Sat Sep 02, 2023 2:28 pm
Commission was £15% Gary altogether so the final selling price was £40,250, I did bid!
I reckon that was still a great buy for a unique car that there may well turn out to be more to than was being described! (Ie it was raced in period!! Just like the PMS SD1 show car they also had built). I also reckon they’d have got more for it had they reduced the bidding increments from £3k to £1k but that’s just sour grapes on my part.
Would love to know who bought it and I do hope it’s not ripped apart and turned into a historic racer.
Did you view the car Pete?