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What were August's highest, and lowest, classic car auction prices?

More than 700 classic cars were sold at major auctions in the UK and USA last month, achieving a total of well over Â£200 million. And August was truly a game of two halves when it came to classic car auction prices: Californian sales claimed all the highest prices, while British auction house Anglia hammered away the most affordable cars.

The highest price of the month was made by a 1961 Ferrari 250GT SWB California spider. The covered-headlight car has been well used, also well cared for over the years. It was used as a daily driver in the 1960s and raced in the 1970s, but has led a more sedate life recently and was to an engine rebuild and service in 2014. The matching numbers car sold for £10.7 million at Goodings Pebble Beach auction on 15-16 August.

The same sale was also responsible for the second highest price of the month: a Ferrari 250GT coupe that went for £10.5 million. The SWB Berlinetta Speciale was displayed at the 1962 Geneva and Torino motor shows, and was first owned by Nuccio Bertone. It was acquired by Lorenzo Zambrano in 1980 and was the centrepiece of his collection for 35 years.

But the top end wasn’t totally dominated by Italian brands. Third spot went to a very special McLaren F1 LM The second to last road-spec McLaren F1 produced, the 1998 car was one of just two upgraded by McLaren to LM spec. It was signed by Gordon Murray, and had covered just 6,000kms in the hands of two owners. It sold for £8.7 million at Rm Sotheby's Pinnacle Portfolio sale on 13 August.

See the Top 25 Prices of 2015

Bargain basement sellers

While there’s no doubt the calibre and number of classic cars sold at Anglia Car Auctions’ sales has shot up, it still offers some great bargains – this month it’s responsible for all of the 20 cheapest cars sold.

See the Lowest Value Models of 2015

Third from bottom was a 1986 Austin Montego convertible conversion. An engineer’s report stated that the conversion, which may have been done by Tickford, was done to a high standard and had increased the vehicle’s rigidity. However, the car was sold with no MoT; it went for just £350.

It did make a little more than another convertible on offer at the 22 August sale – a 1985 Talbot Samba Cabriolet, believed to be one of just four in the UK, sold for £300.

But the accolade of the cheapest car sold in August goes to another equally rare motor – a Sylva Jester kit car. The unfinished project was sold with a Mk1 Ford Fiesta engine and gearbox, plus two spare Mk2 engines, a new windscreen, roll bar and wiring loom. It sold for just £200.

See all the August auction results and classic car price trends on Click the link to sign up for a free 30-day trial now: 

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By Claire Evans

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