Record-breaking online bid for Porsche 962

29 May, 2015

The most valuable lot ever sold to an online bidder was the top lot at Bonhams’ recent Spa Classic Sale. The ex-Jürgen Oppermann/Otto Altenbach/Loris Kessel Obermaier Racing 1990–’93 Porsche Type 962 C Endurance Racing Competition Coupe (how’s that for a name) was eventually sold for €1,495,000 (NZ$2.28M).

Sold directly from the factory, the Porsche 962 had been carefully maintained by the same private owner for the past 25 years — unsurprisingly, the car provoked much interest with those possessing an eye for historic competition cars.

The fact that this Porsche was sold to an online bidder underscores the continuing growth of the internet as a trusted method of purchasing valuable collector’s cars. 

Elsewhere, Porsches continued to prove popular, with a 1988 Porsche 959 coupé achieving the second-highest result, selling for just over one million New Zealand dollars to a telephone bidder from the UK, while a 1992 Porsche 911 Carrera RS Type 964 coupé sold to a bidder at the sale for €224,250 (NZ$342,370).

As you’d expect, classic Ferraris continue to record strong prices, with a 1970 Ferrari 365 GTB/4 ‘Daytona’ Berlinetta going for €667,000 (NZ$1.1M), and the 1976 Ferrari 308 GT Berlinetta Vetroresina achieving an excellent price of €253,000 (NZ$386,264).

Further highlights of the sale include a pair of S1 3.8 Jaguar E-Type roadsters, both from 1962, which were sold for €172,500 (NZ$263,362) and €170,200 (NZ$269,850) respectively, with a slightly later 1965 Jaguar E-Type 4.2 roadster finding a new owner at €138,00 (NZ$210,690).

This could be good news for restoring cars and bikes – but we must be quick!

Our parliament is currently considering a member’s Bill, drawn by ballot, called the ‘Right to Repair’ Bill.
It’s due to go a Select Committee for consideration, and we can make submissions ie say what we think of it, before 3 April this year. It’s important because it will make spare parts and information for doing repairs far more readily available and this should slow the rate at which appliances, toys and so on get sent to landfill.

1959 Sunbeam Alpine: A road trip with Lady P

The romance of the road
The South Island begins to reveal its unbelievable beauty and clarity of light as we weave and bend past mountain peaks, blue flowing rivers, and bright green forests. Today, while the cutlery wheel continues to chime, there are no morbid rattles, and we are still alive. The road moves beneath us and I start to really understand what a road trip is all about: the warm analogue hum of the engine, the sensory overload of wind and sun, the dreamy pageant of shapes and colour that glides by like a movie set, not a cloud in the sky.