DINO DEVOTION: CONCOURS WINNING 1973 FERRARI 246GT DINO FOR AUCTION WITH THE MARKET

DINO DEVOTION: CONCOURS WINNING 1973 FERRARI 246GT DINO FOR AUCTION WITH THE MARKET

A concours winning 1973 Ferrari 246GT Dino which was at the centre of one man’s quest to track down and buy back his old car, and the focus of his subsequent book ‘Dino Days’, will be offered for sale by The Market, the original, online classic car auction house.

One of just 498 right-hand drive Dino GTs delivered to the UK via Maranello Concessionaires Limited and finished in Rosso Red, the Dino has been owned by a number of classic car collectors, with the current owner currently enjoying his second ownership of the car.

Now available on the open market once again, the highly collectable car will grace The Market’s exhibitor stand (F-18) at the London Classic Car Show next week ahead of its auction online beginning on 24th February, when it is expected to sell for £210,000 - £260,000.

“This Dino tells the story of one man’s devotion to his beloved car, so much so that he tracked it down 10 years after selling it and bought it back!” comments Tristan Judge, managing director and founder, The Market.

“The Dino is one of the most iconic of the Ferrari models and has a huge following. Given how rarely these cars come to market, we’re very proud to be entrusted with the sale of this particular car and we invite prospective buyers to come and inspect the car on our stand at the London Classic Car Show.”

The current owner first bought the Ferrari 246GT with the fitting chassis number “07246” and registered ‘646 DRY’ in 1992. Having been recently refreshed by marque specialists, he entered it into the 1994 Ferrari Owners’ Club concours, where the car was placed first in its class.

Five years later, he decided to sell the car to raise funds to support his young family but immediately regretted it. It wasn’t until 2016 that, after years of searching for a Dino to buy, his brother found one for auction. Upon further investigation, he discovered that it was the very same Dino he had previously owned. He successfully bought the car, albeit for approximately six times the price he sold it for. 

Now the proud owner of the Dino for the second time, he decided to mark the occasion by driving the car to its birthplace, the Ferrari factory in Maranello, Italy. On the road trip, he would meet as many fellow Dino owners as he could, with each owner’s story to be documented in his book ‘Dino Days’, which is dedicated to the Ferrari marque and classic car ownership.

Now for sale once again, today the Dino is presented in very good condition having been maintained and serviced by marque specialists throughout its life. Work completed on the car includes engine, gearbox, suspension, steering and brakes rebuild, as well as a paintwork respray and re-trimming of the tan with black ‘Daytona’ inserts interior. The odometer currently reads 72,300 miles. A huge history file and Ferrari Classiche certificate accompany the car.

“We know this will be a sad sale for the owner, but this is also a wonderful opportunity for another Ferrari fan or collector to own this special Dino,” concludes Tristan.

The 1973 Ferrari 246GT Dino will be on display on stand F-18 at the London Classic Car Show at Kensington Olympia between 20th and 23rd February.

For further details and imagery of the car visit The Market auction listing here: https://themarket.co.uk/listings/ferrari/246gt/5d3c7cee-6401-4bd4-abed-766f7ca79a41.

CLASSIC CAR AUCTION DISRUPTOR, THE MARKET, ACHIEVES RECORD SALES FIGURE IN OCTOBER

CLASSIC CAR AUCTION DISRUPTOR, THE MARKET, ACHIEVES RECORD SALES FIGURE IN OCTOBER

Classic car auction disruptor, The Market, has achieved industry-leading results once again with a sales rate of 80 per cent during the month of October, whilst also achieving its highest ever total sales of £486,485.

“October has been a fantastic month at The Market with a record-breaking total sales figure approaching half a million pounds,” comments Tristan Judge, director, The Market.

“We also had a wonderfully varied selection of no reserve cars last month, which demonstrates not only the quality of lots for auction but also the confidence of our customers in our online platform and app. Like the original, online-only classic car auction house, our results show that we are continuing to out-performing many traditional auction houses.”

Highlights of the October auctions include a restored, right-hand drive 1964 Jaguar E-Type S1 3.8 FHC finished in Dark Blue with matching leather interior, which had spent the majority of its life in the warm Cypriot climate. Offered at no reserve, the E-Type sold after more than forty bids for £61,513.

Another E-Type, also offered at no reserve, was a right-hand drive 1972 Jaguar E-Type SIII V12 FHC  in Ascot Fawn with a red leather interior in wonderfully original condition. Also benefitting from dryer weather conditions having spent 42 years in Arizona, it sold for £38,900.

From another famous British marque, a 2013 Land Rover Defender 110 TD Utility Wagon, used by the British Red Cross and complete with full-length Patriot roof-mounted storage rack, cage storage, tow-bar, ladder and a host of other practical features, sold for £23,400.

“We believe that auctions deliver the correct, current value for a classic car, especially when accompanied by accurate estimates. We’re continuing to see consistent, high sales rates month by month as well as increasing demand from customers to sell with us,” concludes Tristan.

Other October results include a low ownership, US market 1967 Austin-Healey 3000 MK3 which sold for £28,745, a 1994 Porsche 968 Sport, the second-to-last car to roll off the Clubsport/Sport production line, which sold for £15,637, and an exquisitely maintained 1993 Jaguar XJS Convertible 4.0 Auto which sold for £12,000.

Classic car owners looking to sell their car with The Market benefit from just 5 per cent sellers’ commission and no entry fee, while buyers only pay what they bid with no fees.

To see all the results from The Market’s October auctions visit https://themarket.co.uk/ or download the free app from Apple Store or Google Play.

THE MARKET CONTINUES TO DISRUPT THE CLASSIC CAR AUCTION INDUSTRY WITH SEPTEMBER SALES RESULTS

THE MARKET CONTINUES TO DISRUPT THE CLASSIC CAR AUCTION INDUSTRY WITH SEPTEMBER SALES RESULTS

Classic car auction disruptor, The Market, achieved an industry-leading sales rate of 86 per cent during September with total sales of over £327,900, as well as a new UK record auction price for a 1975 Alfa Romeo Spider S2 2000 Veloce.

Described as possibly the best example in the country, the original right-hand-drive 1975 Alfa Romeo Spider S2 had been stripped back to bare metal and rebuilt to ‘better than new’ condition, with a blend of patinated original features and fresh parts. The Spider sold for £29,000 on the online auction platform, more than £12,000 above its lower estimate, securing a new UK record auction price for the model.

“September has been another fantastic month for The Market, with all but four of 29 cars selling on our online-only auction platform,” comments Tristan Judge, director, The Market. “The Alfa Romeo Spider S2 is a wonderful representation of the last month’s results, selling well over estimate and achieving a new UK record price.”

Also achieving a spectacular result, a 1967 Volvo 130 Amazon with £50,000 spent on a full professional conversion to full Road Rally/Regularity specification reached a final sale price of £38,000, more than double its pre-auction estimate. Sold as ‘on the button’ and ‘ready to go’, the Volvo Amazon had been prepared for competing at events such as Le Jog, Peking-to-Paris or Classic Malts.

Meanwhile, a restored 1982 Ferrari 308 GTSi proved the pulling power of The Market’s bidding platform by selling well above its lower auction estimate for £57,000, returning over £54,000 to the vendor. As a model which had failed to sell at other recent auction events, the final bid for this particular 308 GTSi was a significant £13,000 over the lower pre-auction estimate.

“These results prove that we attract high-quality vehicles and that when placing them before our buyers we are generating very successful auctions for both buyers and sellers. We’ve seen some genuine bargains sold on the platform this month, making for very happy buyers, but also very happy sellers, who receive 95 per cent of sale price, with many having struggled to sell their classics elsewhere by more traditional methods,” concludes Tristan.

Classic car owners looking to sell their car with The Market benefit from just 5 per cent sellers’ commission and no entry fee, while buyers only pay what they bid with no additional fees.

To see all the results from The Market’s September auctions visit https://themarket.co.uk/ or download the free app from Apple Store or Google Play.

1970s SUPERCAR WEEK AT ONLINE CLASSIC CAR AUCTION HOUSE, THE MARKET

1970s SUPERCAR WEEK AT ONLINE CLASSIC CAR AUCTION HOUSE, THE MARKET

Classic car auction disruptor, The Market, will auction a trio of exemplary 1970s supercars on its online-only bidding portal this week, where buyers pay only what they bid and sellers receive 95 per cent of the sale price.

The three supercars, a Ferrari 308 GTSi, De Tomaso Pantera L and Jensen Interceptor Mk III, offer classic car enthusiasts and collectors the opportunity to buy a magnificent example of an iconic car of the 1970s style and substance era, from the comfort and convenience of their own home.

“All three of these fantastic supercars are achingly beautiful and brutish to drive!” comments Tristan Judge, director at The Market. “Each car has been exceptionally well maintained, either by their owners or marque experts, and each offers both collectability and driveability. With three to choose from, buyers are really spoilt for choice when it comes to choosing their poison!”

The 1982 Ferrari 308 GTSi for sale was purchased by its current owner in 2013 as his ‘forever car’, which marked the start of a comprehensive restoration with renowned specialists, Italia Autosport, to turn a ‘good car’ into a ‘great car’. Having been driven just 400 miles since its completion to near concours standard and reading just 59,400 miles, the now fully fettled 308 GTSi has an estimated value of £44,000 - £50,000, with bidding already underway and ending on 25th September at 8:00pm GMT.

The second supercar is a 1974 De Tomaso Pantera L in highly original condition and finished in a striking orange, reminiscent of the era. Purchased by the current owner from a church which it was donated to, the Pantera has been treated to new suspension, rustproofing, carburettor rebuild and new engine coolant. Estimated at £65,000 - £75,000 with an odometer reading of just 34,000 miles, the online auction of this cult classic will start on 25th September and end on 2nd October at 8:00pm GMT, a timely purchase in the marque’s 60th anniversary year.

The British supercar of the trio, the 1973 Jensen Interceptor Mk III, is in fabulous condition, just a hair’s-breadth from concours condition. With a 7.2 litre Golden Commando V8 engine and a TorqueFlite automatic gearbox, it is as brutal as it is handsome with lashings of leather, wood and chrome. In the care of the same owner for the past four and a half years, the Interceptor has been treated to vast expenditure at marque experts Cropredy Bridge, where sensible upgrades to the brake system and air conditioning have been installed to allow the vendor to use the car regularly. Reading just 46,259 miles and estimated at £37,000 - £44,000, the online auction for the Interceptor starts on 23rd September and ends on 30th September at 8:00pm GMT.

“As an online auction house we believe strongly in transparency and honesty at the point of sale and purchase. I encourage anyone interested in these fabulous cars to make the most of our detailed online descriptions, large image galleries and videos on our website. Interested buyers can also communicate directly with the seller and even visit and inspect the cars before they bid online. If they are successful, they’ll own a stunning classic supercar by the end of the month,” concludes Tristan, “And if the sixties is more your thing, we have a couple of E-Types being auctioned very soon too.”

To find out more about the cars for sale and to bid on an auction, visit www.themarket.co.uk.

ONLINE CLASSIC CAR AUCTION DISRUPTOR THE MARKET ACHIEVES 89% SALES RATE IN AUGUST

ONLINE CLASSIC CAR AUCTION DISRUPTOR THE MARKET ACHIEVES 89% SALES RATE IN AUGUST

Online classic car auction platform, The Market, has achieved a sales rate of 89 per cent with total sales of over £418,000 during the month of August via its state-of-the-art online bidding platform and app.

Successfully selling 24 out of 27 classic cars offered, the online-only auction platform saw multiple cars sell over their pre-sale estimates, with a 1937 Rover P2 20hp Sports Saloon and period-correct 1959 Austin-Healey 3000 Mk1 among the highlight lots.

Tristan Judge, director at The Market, commented: “Despite the holiday period, August has been another fantastic month which has seen our sales rate continue at the around 90 per cent level, reaffirming the power and popularity of a convenient, online-only format. As usual, we’ve seen a fine variety of classics, young and old, change hands via our platform, which offers the most comprehensive and honest lot descriptions around, giving buyers confidence and transparency in what they’re bidding on.”

Headlining August’s sales was a multi-award winning 1937 Rover P2 20hp Sports Saloon in outstanding restored condition. Rescued from a garage in 1996, the matching numbers example finished in Admiralty Blue won eight awards in the space of two years and was treated to three restorations during its life. Presented in its exact original specification, it reached a sale price of £22,000 at auction.

A lovely, period-correct 1959 Austin-Healey 3000 Mk 1 from 27-year ownership attracted exceptionally high levels of bidding. Treated to a chassis-up restoration in 1993 and regularly driven, including on the school run, it was sold for an above-estimate £36,575 accompanied by a certificate confirming its original build specification from the British Motor Industry Heritage Trust.

Of the modern classics offered, a 2006 Ferrari 612 Scaglietti with a 5.7-litre V12 engine and semi-automatic ‘F1’ gearbox sold above its auction estimate for £57,000. Reading just 49,000 miles, the car was presented in nigh-on showroom-condition.

Other notable results from the August sales include a museum-quality 1991 BMW 850i Auto reading 57,000 miles sold for £19,500, a 1980 Porsche 911 SC project estimated at £12,000 to £16,000 that sold for £20,360 and 2000 Lotus Elise S1 Type 49 ‘Gold Leaf’ special edition, one of just 100 cars made, which sold for £16,500.

“The sales in August marked a key milestone for the company having now successfully sold more than 400 classic cars and returning 95 per cent of the sales prices to the vendors,” concludes Tristan.

Classic car owners looking to sell their classic benefit from just 5 per cent sellers’ commission and no entry fee, while buyers don’t pay any fees.

To see all the results from The Market’s August auctions visit https://themarket.co.uk/ or download the free app from Apple Store or Google Play.

Source: The Market