E Types at Brightwells Classic Auction

Talk about E-Types here

Topic author
MarkE
Posts: 884
Joined: Wed Mar 26, 2008 8:00 pm
Location: Forest of Dean, Gloucestershire
Contact:
Great Britain

#1 E Types at Brightwells Classic Auction

Post by MarkE » Thu Mar 25, 2010 1:25 pm

I went to the Brightwells auction at Leominster yesterday, and thought I? give my impressions of the E Types that sold there.

Firstly, a S2 2+2 which was a Californian car that had been converted to RHD and had a re-paint and a re-trim. It looked very good from 10 foot, but all the chrome work needed doing which really let the car down. All the clearances were very good, and the interior looked very smart. But under the bonnet really was a mess, with the original colour of light green still on the bulkhead and frames, and engine and all the under-bonnet bits and pieces looking very tatty. It would make a very good car with the under-bonnet area and chrome done properly, and sold pretty strongly at ?17,000.

Image

Next was a S2 OTS, which had been fully restored, partially by Robey and partially at home. It was a good solid car, but some of the home restoration really let it down, with variable clearances, especially around the doors, and large steps between the doors and outer ?A? Pillar and rear wings. Certainly a good usable car, but I?d want to get those bodywork issues sorted, and it sold for ?40,000.

Image

The third car was for me the star buy, a very original S3 2+2 which had full history and a delightfully original interior. Perfect clearances, it had been painted at some time and there were a couple of faults with the paint (under the florescent lights) but the car presented as a genuine, well cared for and original S3. It could have done with a small amount of detailing under the bonnet, and maybe the driver?s seat needed new foams, but it sold for ?13,000 which seemed like very low money for such an original and up-together car.

Image
Outside the E Type world there were quite a few more interesting cars, and here are a couple of tasters.

The first was a 1973 BMW CSL lightweight, with 38k miles and full history. These cars used to rust quicker than a Lancia and many of them ended their days before the 70s was out. With only 1000 built, and 500 rhd cars, they are pretty desirable today, although surprisingly it seems that ?30k buys a very good one. In the auction blurb it says that ?they had a hefty price tag of ?6399, or nearly twice the price of a V12 E Type?.

This one had stunning original detail, with all the chromework (and there?s lots of it), the interior and the dash being absolutely mint?even the carpets looked like new. But when I lifted the front carpets I could see the showroom floor through a 9 inch gaping hole in the floor pan, and the front inner and outer wings and bottom of the rear wings needed a fair bit of work. All in all a full body restoration was required, and a complete mechanical overhaul as it had been standing for 16 years. The guide price was ?8k - ?10, and I was very tempted, but the final price including buyer?s premium was an eye-watering ?24,000. Add on to that at least ?30k for the bodywork, repaint and overhaul, and the owner would have a very expensive, but very nice BeeEmm! I hope he saw before he bought, and didn?t just go along with the catalogue description.

Image

At the other end of the scale was a car that I thought I wouldn?t even bother to look at, but its presence called me over. It was a 1992 Bentley Continental R, with a modest 6.75 litre turbocharged V8. This car was ?200,000 new.

As the two door continental model, it has very elegant lines which disguise it?s massive size very well, and it was absolutely straight and with near perfect paint. But it was the interior that held my attention. It looked brand new, and I?ve never felt such soft leather, and the smell was just fantastic?if it could be bottled it would sell I?m sure. Sense prevailed as I don?t have a garage big enough to house it, but it sold for ?25k. This was surely a sleeper that could only regain some value over time.

Image

Link:
BBcode:
HTML:
Hide post links
Show post links

User avatar

harryetype
Posts: 347
Joined: Thu Oct 04, 2007 8:15 pm
Location: Newbury Park, California

#2

Post by harryetype » Thu Mar 25, 2010 8:59 pm

I cant understand why the S2 2+2 would go for ?17000 in that condition and the V12 only make ?13,000. I realrely find it hard to get people to appreciate originality over bling.

A lot people have made good money out of selling bodged up e-types over the years and I dare say will continue to do so.
Harry

My Dads old V12 TOM 32
1968 Roadster

Link:
BBcode:
HTML:
Hide post links
Show post links


christopher storey
Posts: 5698
Joined: Sun Mar 09, 2008 3:07 pm
Location: cheshire , england
Great Britain

#3

Post by christopher storey » Thu Mar 25, 2010 11:12 pm

As I pointed out to Tony, the interesting ( that's a euphemism) thing about the S2 roadster was that it does not appear on the DVLA register. ????

Link:
BBcode:
HTML:
Hide post links
Show post links


on2wheels
Posts: 234
Joined: Tue Oct 27, 2009 6:26 pm
Location: Devon, England
Great Britain

#4

Post by on2wheels » Fri Mar 26, 2010 5:26 pm

Hi,
A very interesting report from the auction world.
Its good to have someone who knows his stuff giving us the current state of the auction market.
Could we make this a regular feature?

Nick.

Link:
BBcode:
HTML:
Hide post links
Show post links


Topic author
MarkE
Posts: 884
Joined: Wed Mar 26, 2008 8:00 pm
Location: Forest of Dean, Gloucestershire
Contact:
Great Britain

#5

Post by MarkE » Sat Mar 27, 2010 4:13 pm

I?m happy to write up reports of the auctions I go to, and I?m going to quite a few this year. I?ve enjoyed auctions for many years, and it never fails to surprise me just how bad some cars are compared to the photographs and descriptions. I like to go to the main auctions such as Bonhams, H&H and Barons, but the Brightwells auctions do offer some odd lots that the bigger players seem to miss. There are always a few gems like the S3 at Brightwells and its great fun to seek them out.

I?m not sure how much longer auctions like these will carry on, with eBay, Pistonheads and Car&Classic websites getting more and more popular, and they provide the vendor of a really good car with the ability to describe it properly in words and photographs. A car on eBay is usually on for 10 days, giving a purchaser much more time than an auction to go and look at the car, and try it out on the road. At the auction you usually just get a preview day and a couple of hours on the day of the auction to examine the car, and maybe the opportunity to start the car up and give it a rev.

The auction is a great place to see a wide variety of cars though, and pour over the cars without the vendor breathing down your neck! It?s great fun, and highly recommended.

Mark

Link:
BBcode:
HTML:
Hide post links
Show post links


bfeng
Posts: 22
Joined: Tue Dec 01, 2009 10:05 pm
Location: Massachusetts, USA

#6

Post by bfeng » Tue Mar 30, 2010 2:16 am

MarkE wrote:I?m happy to write up reports of the auctions I go to, and I?m going to quite a few this year. I?ve enjoyed auctions for many years, and it never fails to surprise me just how bad some cars are compared to the photographs and descriptions.
Mark
Mark, I'm envious. I'm in the US and am fascinated by old quirky British cars. But most of the interesting stuff is over there in the UK. I've resisted being a phone-in bidder for the H&H and Brightwells auctions because I might end up with a tarted up basket-case.

Well, thanks for the entertaining post.

John Feng
John Feng

Link:
BBcode:
HTML:
Hide post links
Show post links


Topic author
MarkE
Posts: 884
Joined: Wed Mar 26, 2008 8:00 pm
Location: Forest of Dean, Gloucestershire
Contact:
Great Britain

#7

Post by MarkE » Wed Mar 31, 2010 9:09 am

John, I think that you are wise not to put in a telephone bid at any of the auctions. In the 25 years or so I've been going to classic car auctions, the descriptions for the lots haven't improved at all.

There were quite a few bidders on the phones from New Zealand and Australia...the exchange rate is very good for them currently, and of course, they want right hand drive cars. But with the cost of getting the cars to a port, handling and strapping at the port, shipping and insurance, handling and transportation at the other end....it really does add up. Add on local tax and roadworthy examinations, and all for a car that may not live up to expectations and it could just be an experience not to be repeated.

I would rather buy blind from eBay to be quite honest, as many of the sellers on there are private individuals / enthusiasts. One phone call and a few specific questions normally have the owners confessing all the sins of the car! Luckily for us in the UK most sales are within a couple of hours drive away so no excuse for not going to see a car before buying.

I still think that California is a great hunting ground for Brit and German classics from the 50s, 60s and 70s!

Mark

Link:
BBcode:
HTML:
Hide post links
Show post links

Post Reply Previous topicNext topic