Timed Auction idea from CCA
CCA have been thinking creatively and rapidly of how they can continue
their classic car auctions following the lock-down conditions announced
by the UK Government on Monday.
Video tour round each car
To simulate the inspection prospective bidders might have made at
a physical auction, CCA provide a video tour round each car. See
The tour of the MGBGTV8 shows the bodywork and Dunlop composite
wheels appear to be in good condition but the nearside wing and tailgate
badging are misplaced and with badging duplicated on the offside wing.
The offside door fit needs adjustment, a non standard wooden steering
wheel is fitted, the car retains the original cloth seating and interior
trim and in the engine bay there is a large non standard circular
air filter and presumably a carburettor upgrade too.
Dates for the series
of Timed Auctions
Fifteen Timed Auctions each with ten lots. The first will be
on Saturday 28th March and then on a daily basis with
the last on Sunday 12th April 2020, all at 8am.
The lots include popular classics like Datsun 250s, Jaguars
and Astons Martins with a selection of hot hatches too.
An MGBGTV8 is Lot 171 on Friday 3rd April 2020
The details posted on the CCA website are reproduced below.
There was a slight puzzle over the amount of buyer's commission
payable on the hammer price. The announcement mentions CCA have
reduced the buyer's premium to 9.6% including VAT whereas
each listing shows a buyer's premium of 13.2% including VAT.
This will probably be clarified later - it's possible the decision
to offer the reduced commission of 9.6% for their new Timed
Auction was made by CCA after the listings had been prepared
and uploaded to the their website.
It's now clarified - the special reduced buyer's commission
for the Times Auction is 9.6% including VAT.
"Timed Auction" idea from CCA
Faced with the Covid-19 lock-down conditions in force in
the UK, the classic car auctioneer CCA has come up with a creative
way of continuing to have classic car auctions. In an announcement
circulated by email earlier today CCA says:
"We have previously communicated updates with regards to
our March sale and following the Prime Minister's announcement
at the start of this week, we have made a further change. To
ensure we prioritise the health and safety of everyone, our
March sale will now be a timed online auction.
This step will allow us comply with the government advice, whilst
continuing to do what we do best; bring superb, Everyman Classics
How will CCA's
"Timed Auction" work?
CCA say "from this Saturday 28th March, our daily
timed auction will commence and we will offer ten cars
per day for 16 days, for a 12-hour window of 8am - 8pm.
The daily timed auction will take place on the website of our
online bidding partner, Proxibid. This means that you
will need to register in advance directly with them in order
to bid. You can choose to bid live during the 12-hour window,
or in advance online via a commission bid.
Each lot list has ten cars for each of the separate days
Please refer to the lot list on our website to view which cars
will be auctioned on which day. We will be communicating daily
on the forthcoming ten cars.
To thank you for your continued support during this challenging
and changing climate, we have reduced the buyers premium
to 9.6% (including VAT) for this sale. Furthermore, there
will not be any additional online bidding fee for this sale.
If you have
previously registered for a telephone or commission bid in this
sale, you will be contacted by the CCA team and invited to bid
online via Proxibid".
the full announcement in the CCA email
MGBGTV8 coming with an extensive history file, this lot's
condition scores an impressive 96 / 135. Classic Car Auctions
says: "unbelievably, with 112,000 miles, owned and cherished
by one owner for 46 years, with the original bill of sale from
Wadham Stringer of Waterloo (01/05/1974), finished in a classic
70s Harvest Gold with a black cloth interior, and a complete
nut and bolt restoration documented from start to finish. Our
meticulous one and only owner has amassed two folders brimming
with invoices and receipts. Recent expenditure of around £20,000
means this V8 has a whole new life on offer its new owner".
The VIN is shown as GD2D1 1239G which indicates it was
built as a chrome bumper MGBGTV8.