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Thursday, 24 April 2014

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Carlisle to host 2014 classic car auction

Carlisle will host the north of England’s only classic car auction in 2014.

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Popular: Prospective buyers at H&H in June

It follows the success of the first Borderway Classic Car Auction in June, which attracted buyers from across the UK.

Now, as 2014 approaches, H&H Motor Auctions has announced it will now hold another sale in March. The event is the north of England’s only classic car auction.

The 2013 event saw lots ranging from barn finds to the pristine classic vehicles. The highlight was an Aston Martin, which sold for £22,500. There were also classic Minis, one of which sold for £1,800. The bargain of the day was a 1969 Wolseley which sold for £760.

Graeme Hall, director, said: “Our first Borderway classic car auction was a resounding success in 2013, with bids on all but three of the 25 entries.

“Again in 2014 we hope to have a plethora of classic cars and automobile memorabilia up for auction.

“With the popularity of classic cars on the up and with there being no other auction of its type in Cumbria we really are anticipating that there will be strong interest.”

He added that there has never been a better time to snap up a classic car as interest rates are very low, meaning many people would rather enjoy their money than have it sitting in the bank without any major return. Meanwhile classic cars have increased in value by 430 per cent in the past 10 years, making them one of the leading ways to invest money, outshining both gold and property.

Across the UK the classic car scene is going from strength to strength, with enthusiasts flocking to events such as Goodwood Revival and the Silverstone Classic.

Mr Hall said another advantage of buying a classic car registered before 1974 is that it qualifies for free road tax. And he reassured buyers that spare parts for retro cars are more widely available than people are aware of, with some still being produced.

The auction is at the Borderway Exhibition Hall in Carlisle on Saturday, March 22. Viewing is in the morning and the previous day. Visit www.borderwayclassiccars.com.



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