Concours
quality V8 on offer at an astonishing £29,995 - up by £17,920 or 148%
in barely 28 days!
See
our earlier report on the Bonhams auction. More
Advert on the Classic Cars website. More
Nutley Sports & Prestige Cars website. More
Who will buy these big engined MGs at these
prices? Most likely there will be a hedge fund manager or senior banker who will
pay that price and lock it away as an investment - and barely look up from their
morning bagel and coffee as they do the deal!
Posted:
070411
Back to homepage |
 | John
Heagren's 1989 Benson and Hedges Concours International Champion 1975 MGBGTV8
sold for at the Bonhams Collectors' Motor Cars and Automobilia auction on Saturday
5th March 2011 for £12,075 inclusive of the buyer's premium is now on offer
. . . . wait for it . . . . at an astonishing £29,995! |
Yes
in barely 28 days this
car has popped up on the Classic Cars for Sale website advertised at £29,995
by the rather grandly named Nutley Sports & Prestige Cars Limited in Nutley,
just north of Uckfield in East Sussex. The mark-up is an astonishing £17,920
or 148% of the sale price at auction of £12,075!
Many thanks to
fellow V8 member Paul Tebbett for spotting this interesting development - he says
". . . bit of a mark-up here eh?"
In the last month there has been comment on the V8 Bulletin Board of the
relatively high advertised prices of MGCs - well on the Nutley Sports & Prestige
Cars website they also have a 1969 MGC Roadster which has just had a £43,000
complete nut and bolt rebuild and it is offered at £34,995. More
See our NEWS item - "What's behind current MGCGT prices?" More
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