RV8 fails to sell at recent CCA auction

Our Pricewatch volunteer Andy Goves, spotted this RV8 was at the the CCA auction on Saturday 25th May 2019 and provides this report.

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Updated: 190526


CCA auction - at Sandown Park Race Course
Tuesday 4th June 2019
1994 MG MG RV8 Woodcote Green
Buy now for £15,800
The CCA auction listing says "offered for sale is a 3.9L 1994 MG RV8 manual that has been with the current owner for the last 3 years. Coming with an extensive history file, this lot's condition scores an impressive 108/135.
> Exported to Japan when new and returned to the UK in 2006.
>
3946cc aluminium-alloy V8 engine with 188bhp and a lusty 318Nm of torque.
> Woodcote Green paintwork unfaded and glossy, panels straight, no dents.
> Walnut veneers, seating and carpets in very good condition. Recent new mohair hood.
> New starter motor, battery, boot hydraulic stays, central exhaust and upgraded suspension bushes.
> Approximately 53,000 miles (86,000 km). Freshly serviced (24/04/19.
> All bills, MOTs etc including Japanese history (in Japanese). MOT valid until 23/04/20.
Auction listing
Review of this car
Andy Goves reports "this RV8 failed to sell this afternoon at the CCA auction and as
you can see above the highest offer was only £12,500 by a bidder attending the auction Today the CCA website says "buy now for £15,800".

Comment
> An unusual outcome as MGV8s usually sell well at CCA auctions.
> RV8s seem sensitive to mileage when up for sale which seems odd and on the face of it the discount for a car with more than 50,000 miles seems to be a strange feature of the market at present. As V8 engines are long lived and the RV8 bodywork has improved rust protection, which was certainly better than that on the original MGBGTV8 models, the condition is usually good. This RV8 has not been registered with the V8 Database so we have no record of the car, its owner(s) or its history.