Sold! 10 bargain modern classics you missed this weekend

June 1, 2017
Posted by: Dealer

© Provided by Motoring Research Anglia Car Auctions June 2017 sale

More than 250 cars went under the hammer as part of Anglia Car Auctions’ July classic sale this weekend – with something to suit all budgets, from a £125 Austin Metro to a £115,000 BMW 3.0 CSL. Although marketed as a classic car auction, modern classics proved to be the real hot property. Here are 10 modern classics that caught our eye.

E39 BMW M5

Guide price: £7,000 – £8,000

Hammer price: £7,000

Anglia Car Auctions June 2017 sale: <h3 style="margin:0px;padding:0px;border:0px;font-variant-numeric:inherit;font-weight:600;font-size:16px;line-height:27px;font-family:'Open Sans', Tahoma, Verdana, Arial, sans-serif;vertical-align:baseline;color:#444444;">E39 BMW M5</h3>© Provided by Motoring Research

E39 BMW M5

Powered by a 400hp V8 combined with a six-speed Getrag manual ’box, the E39 M5 is as desirable today as it was when launched in 1998. This example, finished in desirable Le Mans Blue, isn’t the tidiest left in existence – showing 131,000 miles on the clock and in need of a bit of TLC to the bodywork. Still, its hammer price of £7,000 makes it a very tempting buy. Don’t forget, though – like all cars here, it’s subject to an extra 5% (plus VAT) in auction fees.

Renault Sport Spider

Guide price: £22,500 – £25,500

Hammer price: £19,500 (unsold)

Anglia Car Auctions June 2017 sale: <h3 style="margin:0px;padding:0px;border:0px;font-variant-numeric:inherit;font-weight:600;font-size:16px;line-height:27px;font-family:'Open Sans', Tahoma, Verdana, Arial, sans-serif;vertical-align:baseline;color:#444444;">Renault Sport Spider</h3>© Provided by Motoring Research

Renault Sport Spider

A bizarre French rival to the Lotus Elise… what’s not to like? The Renault Sport Spider, launched in 1996, combined an aluminium chassis with plastic composite bodywork. Power came from a mid-mounted four-cylinder engine producing 150hp which, helped by a 930kg kerbweight, accelerated the Spider to 62mph in 6.5 seconds.

One of just 60 examples in the UK, this example looks to be among the best. It’s covered just 5,000 miles and, judging by our quick walk-around at the auction, they don’t seem to have been spent on track. Surprisingly, it fell short of its £22,500 to £25,500 guide price – remaining unsold at £19,500.

Peugeot 306 GTi 6

Guide price: £4,750 – £5,750

Hammer price: £4,200

Anglia Car Auctions June 2017 sale: <h3 style="margin:0px;padding:0px;border:0px;font-variant-numeric:inherit;font-weight:600;font-size:16px;line-height:27px;font-family:'Open Sans', Tahoma, Verdana, Arial, sans-serif;vertical-align:baseline;color:#444444;">Peugeot 306 GTi 6</h3>© Provided by Motoring Research

Peugeot 306 GTi 6

If the 205 GTi is anything to go by, French hot hatches definitely have investment potential. The newer 306 GTi 6 is a long way from being as desirable as the 205, but good examples are getting harder to find. This one, although not mint, is probably one of the tidiest on the market. It’s covered 62,000 miles and comes with full service history – a must when shopping with investment in mind. It sold for £4,200, falling short of its £4,750 to £5,750 estimate.

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Ferrari 456GT

Ferraris are traditionally hot property at auction – but reports suggest the market appears to have been slowing down as late, with a number of desirable models failing to meet their reserve. The 456 isn’t old enough to make serious money, as evidenced by this tidy example from 1994 selling for just £48,000 at auction – £10,000 short of its lower estimate. Admittedly it’s covered 55,000 miles – not a huge amount, but high enough to knock its value in Ferrari terms (collectors prefer examples that have been dry-stored from new).

Honda Beat

Guide price: £5,250 – £6,250

Hammer price: £4,700

  • Honda Beat

    This plucky little Honda Beat is showing 111,773km on the clock (that’s around 70,000 miles), with a full rebuild for its tiny 656cc engine 5,000 miles ago. Designed as a Kei car to benefit from strict Japanese tax rules, the Beat makes an MX-5 of the same vintage look massive. This example has lots of history, apparently, and looked to be in great condition in the auction hall. Surprisingly, it sold for £4,700 – falling short of its £5,250 to £6,250 estimate.

    Subaru Impreza Turbo 2000

    Guide price: £7,000 – £8,500

    Hammer price: £7,800

credit source: msn.com

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