RV8 sells at Barons auction today
Our Pricewatch volunteers attended the Barons auction at Sandown Park and report on the RV8 there. It's not an easy time of the year for classic car auctions and with a general election in the UK approaching Christmas that doesn't help either.

MGV8 Price Guide update
Last update to the end of April 2019 released early in May. More

Buying a selling advice on the buyinganmg.com website
It's a website packed with useful information and advice.
www.buyinganmg.com

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See our recent report on RV8s at auction (alongside). More
191128



Barons Annual Christmas Classic auction on 10th December 2019
The RV8 was a Japanese spec car which was reimported in March 2004 with a total of 14,214 miles and a guide price of £17,000 to £22,000. Examining the car beforehand the interior was reasonable although the Connolly leather looked as if some treatment would lift the dry look and feel, and the engine bay was not as clean as you would expect for a car described as a "car in overall excellent condition". So it is likely it was midway between Conditions 1 and 2.

Bidding opened at a modest £10,000 and moved up in increments of £1,000 to £13,000 when it changed down a gear to £500 increments eventually reaching a hammer price of £16,500. See our full report

What would the buyer pay and the seller receive?
Adding the buyer's premium and VAT thereon the price for the buyer would be £18,480 which compares with our recent price guide for the midpoint between Conditions 1 & 2 of £17,900. For the seller the net proceeds after commission and VAT would be only £15,390 which is below our Condition 2 guide price of £16,320.
Recent auction report on RV8s at auction

Not sold at November auction, remains available - Matthewsons

RV8 in Woodcote Green 1994
Estimate: £20,000 to £22,000
Just 25,500 warranted miles from new, with the original Japanese service history & reimported back to the UK in 1998. 191128

Not sold at auction, available at £16,500 - Anglia Car Auctions

RV8 in Woodcote Green 1997
Remported from Japan in 2005 when it was first UK registered. Has had a new windscreen and galvanised surround and servicing. Mileage recorded at 17,000. 191128

Not sold at their recent auction - Brightwells auction

RV8 Nin Woodcote Green 1994
Reimported in June 2003, two UK owners, just 45,103 miles, regular maintenance, aircon and new hood. It's been on a SORN and in storage for five years from 2010. 191128