MG highlighted for great value
Highlights

Current MG Line Highlighted for Great Value

MG cars have won further positive accolades from two of Britain’s leading car magazines. Both Autocar and Auto Express have showered praise on the value-for-money of MG cars, with the MG3 being singled out as a “24-carat bargain” across the entire new car market. In an Autocar special investigation to find the best value cars in Britain, the highly-respected motoring guru Andrew Frankel, wrote: “Just one of our selected candidates charges less than £100 for a single horsepower, that car being the astonishingly cheap MG3, the best bang-for-buck value car not just in this class, but also across them all.”

Aston Martin DB2-4 - Tracking Individual Classic Car Values with Classic Trader
Auctions & Sales

Tracking Individual Classic Car Values with Classic Trader

Classic Trader has just added a very useful function to its website, www.classic-trader.com: international visitors and users of Germany’s largest marketplace for classic vehicles now have access to Classic Trader’s brand-new interactive guide, revealing the financial performance of the top 100 individual classic cars which have recorded the biggest shifts in value over the last six years. This has been achieved by tracking cars sold in that period of time, identified by their chassis number.

Barrett Jackson Auction Jaguar XK 10K Question
Auctions & Sales

The $10K Question – Which Car?

This isn’t an article about Jaguars, but I have been thinking a lot recently about them. Specifically a pre-2005 XK8. I need an adult daily-driver car with a bit of style and an XK8 seems like it would fit the bill nicely. As I do my research and price out the different years and models I inevitably began pondering the question of what else that same money might buy. In short order that led me to talk with some car buddies about the relative merits of the different choices. A variation on the “if I won the lottery” theme. Let’s stay that you had $10K to spend on a British car. The rules are that you must buy a British car with it that you will drive every day – both sun and rain, summer and winter. Of course, you could […]

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Auctions & Sales

Aston Martin Hits Record High at Barons Auction

An ultra-rare, unrestored and highly original 1969 Aston Martin DB6 Mk 1 Volante Vantage set a new record for Barons when it sold for £781,000 at Sandown Park on July 28th. The highest price ever achieved for a car at a Barons sale, it broke the auction house’s previous record of £739,000, set just three months ago for a 1954 Bentley R-Type Continental Fastback ‘barn find’. “We believe this may be a record for an unrestored example of this particular Aston Martin, so these are very exciting times for Barons,” said company director Peter Gascoigne. “The past six months since Tony Cavell and I took the reins have seen significant growth in the value and quality of cars across the sales, and in the overall sale results. To have two such cars within three months of each other is truly […]

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Classic Cars

Are You Destroying the Value of Your Car?

Just received the latest e-newsletter from Charles Runyan of The Roadster Factory. In it there is an interesting bit about the value of classic British cars and the effect that the parts used in repairing and restoring them can have on those values. Of course Runyan has a vested interest in this because of his business, but I really do agree with him. With the value of all British cars rising, I believe that enthusiasts should buy parts based on quality rather than on low price. In fact, a letter was received from British Motor Heritage this week deploring the practice of selling Heritage products at discounted prices. John Yea, Director of BMH, believes that this lowers the value of the cars over time, and this writer agrees. There is a trend in the U.S. to sell lower-quality parts at lower […]

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Auctions & Sales

1980 MG Midget Smashes Sales Estimates

An unregistered 1980 MG Midget with just 162 miles on the clock, fetched over £11,000 when it went under the hammer at Anglia Car Auctions on Saturday. The Vermillion red car sold for £11,025 well ahead of expectations that it might fetch between £7,000 to £9,000. “It was a very good sale – an exceptional price,” said Simon Whitmore, of Anglia Car Auctions (ACA), based at Beveridge Way, Hardwick Narrows Estate. “It had no reserve on it and the vehicle has never been registered.” Also up for auction the same day, but which failed to sell, was a 2001 Mercedes Benz S500L, purchased new by former England captain David Beckham and originally registered as Y3 DVB in June 2001. The car was up for sale with all manuals, service book and the original V5 bearing David Beckham’s name, with 117,000 […]

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Classic Cars

The £60,000 MG bought for just £30

A great article in the Southern Daily Echo on a rare 1937 MG SA drophead coupe. It was brought as a “cheap run around” by a Southampton student for just £30 back in 1966. This vintage 1937 MG was snapped up by a young Lob Vinycomb from a Hampshire garage almost half a century ago. Now, 46 years later, the same car has been sold by the same garage – for more than £60,000. But Isle of Wight man Lob was briefly reunited with the prized vehicle, before it is handed over to its new owners. Philip Scott, owner of Beaulieu Garage in the New Forest, was contacted by the car’s latest owner, who lived in Cornwall, asking if he would interested in selling the collectable SA Drophead Coupe. Read the full article on the beautiful MG at the Southern Daily […]

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Auctions & Sales

Earliest Unrestored Mini Fetches $65,382

A rusty Mini sold for 40,250 pounds ($65,382) at auction by Bonhams on Monday, April 30, — beating the price of a shiny Pontiac convertible once owned by Keith Richards. The corroded 1959 Mini was described by Bonhams as the oldest surviving unrestored car of its type. It beat the 37,950 pounds paid for a dark-blue 1950 Chieftain Silver Streak used by guitarist Richards at a time when the Rolling Stones recorded “Exile on Main Street” at his south of France home in the early 1970s. Both cars were bought by private U.S. buyers at an auction at the RAF Museum in Hendon, England. Classic cars often get a premium if they have interesting stories attached to them, such as famous owners, years spent in storage before being discovered in original condition. The Austin Mini Se7en De Luxe Saloon, registration […]