Lots – 143
Estimated value – £TBC
Typically for Coys this is a truly diverse sale with pre-war cars to today’s supercars. Both Porsche and Ferrari are well represented with all the usual suspects. Among the Ferraris offered are a 599 GTO (not EU registered), Dino, Testarossa, 365 GTB/4, 348, 355 and the new auction favourite the 458 Speciale. Amongst the Porsches are a 964 Lighweight, a nice looking 356 notchback and a 2.7 RS Touring. By far the biggest showing however is from Jaguar.
There are over a dozen E-types on offer at the auction and this is where is gets interesting. Bonhams did well with a number of E-types at their Festival of Speed sale but one wonders how many more E-types can be sold into the UK market. The vast majority of cars offered by Coys are non-UK, LHD cars that seems to have been recently landed in the UK, painted and re-trimmed and turned back out into the market. In fact (and we haven’t counted, yet…) we would estimate that over 50% of the cars offered in this auction are non UK, LHD cars. Given that we are seeing some dealers beginning to turn left hand drive cars away, are we seeing an oversupply of foreign cars in the UK market? Coys have obviously been hunting far and wide in foreign climes to put this sale together. The catalogue tells a story in itself and is worth a read. “Investment potential” is a phrase that pops up on every other page, as is “recently returned to the UK”, “recently restored”and “kept in dry storage”. Note how many of the photos are taken outside industrial units. Wholesale wouldn’t be too far off the mark. Tucked in amongst the Jags and Ferraris are some interesting additions – Walter Rohrl’s Monte Carlo Rally winning Lancia 076 in Martini livery, a BMW Z1, Rolls Royce shooting brake, an Alfa Romeo SZ, and celebrity owned Lamborghini Islero and a 200 miles from new Mini. The continuing enthusiasm for buying classics and recent increases in the classic car tracking indexes this will be (yet another) interesting auction. If you are buying a foreign car just make sure that title is clear and that you fully understand the position with tax – paid or unpaid.
Click on the Pinterest link below to view all our “cars of interest”.