Signs that the classic market is stabilising came last weekend when the first production Range Rover sold for an estimate-matching £132k – not the £250k the seller predicted.

The car, originally estimated to reach between £100,000 and £140,000, went under the hammer for £115,000 event at Salon Privé last Thursday (4 September). Silverstone Auctions declined to reveal the identity of the company which bought it, but confirmed that Jaguar Land Rover was not the new owner.

One of 28 pre-production cars badged as VELAR, YVB 151H is the first of the initial batch which were registered with Croydon-area plates to prevent speculative links to Land Rover pre-launch. Owned by Huddersfield Land Rover Centre for 25 years, the very first Range Rover was subject to a complete restoration over the course of six years. This was fully documented and photographed.

Last month CCW reported how Huddersfield Land Rover Centre believed the car would smash Silverstone Auctions’ estimate for the car, and would reach £250,000.

Barry Clow of Silverstone Auctions said: ‘The car sold for a figure which was spot on the estimated value. We had a high level of interest on the day as a result of all the publicity.’




Sam Skelton

• www.silverstoneauctions.com

http://www.fullfatrr.com/forum/topic26980.html

It's quite a sum of money for a fattie, even if it is a collectors car.
The whole classic car market is getting silly again. Previously..
Vogue SE TD6
Defender 90 2.4
Defender 110 TD5
Vogue 3.5 EFI

That "black pack" looked good all those years back too  Is this where I put the car details and a bit about myself ?........