Economy does not hamper classic car auction

The effects of Christmas on consumers’ wallets did not manifest itself at a recent sale from British Car Auctions (BCA).

According to the BCA, more than £200,000 was spent by close to 500 people at an event in Blackbushe.

The most money was raised by the Bentley Saloon, which was bought for £23,100 in good conditional order, despite it first being registered in 1936.

From the same era, the 1934 Packard Eight Sedan brought £19,250 under the hammer, while a 1963 Alfa-Romeo Giulia Sprint went for £8,300.

"In all 38 vehicles sold on the day, generating a turnover in excess of £200,000, which defied all the current economic predictions of doom and gloom," commented the company.

Meanwhile, the Associated Press has reported that the vehicle which took King Edward VIII to the announcement of his abdication has been sold.

The vehicles took over $185,000 (£92,500) in a Bonhams auction house in London on Monday.


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