Sydney Motor Show Auction Results

. October 23, 2008

A crowd of over 500 attended Shannons Sydney Motor Show Auction on Sunday October 19, with bidders competing strongly on a number of quality vehicles and proven collectables – the buying defying the current economic gloom.

Many in the crowd were in search of bargains that didn’t materialise, with vendors holding firm, optimistic of improving market conditions in the months ahead.

The top price of the auction was $105,500 paid for a 1985 factory right hand drive Ferrari Testarossa coupe, which was pursued enthusiastically by a number of floor and telephone bidders.

Another sports car to achieve an excellent result was a 2000-model Lotus 340R roadster, that had covered less than 25,000km from new, which sold for $90,000. This result reflected the low production volume of this model and its rarity in Australia.

Other vehicles to achieve excellent prices were a black 1957 Triumph TR3A roadster, recently restored to a high standard – which made a very good $38,000 – well above the pre-auction estimate, and an award winning 1928 Ford Model A Tourer that sold for an equally strong $36,000.

A very original and fastidiously maintained red 1987 Mercedes-Benz 560SL sold for $29,000; a beautiful cream 1959 Mercedes-Benz 220S coupe, that had been in the hands of the vendor for the past 30 years, brought $26,000; an unmolested 1976 Chrysler VK Charger 770 Coupe with 125,000 original kilometres on its odometer sold for $30,000; and a very original 1954 Austin-Healey 100/4 BN1 roadster in good condition went for $32,000.

Meanwhile a 1955 Vespa APE 3-wheeler tricycle in excellent restored condition sold with no reserve price for $7,000.

Numerical number plates with sought after combinations were in demand with buyers. The black and white NSW heritage plate ‘6789’ made $55,000, ‘5426’ brought $40,000 and ‘53335’ went for $37,000, while the NSW personalised plate ‘Z’ sold with no reserve price for $29,000.

Auction info

Category: Auction News

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