Silverstone Auctions sold a rare and immaculate BMW Z3 M Coupe at its NEC Classic auction for £58,500
The annual auction at the NEC Classic Motor Show, hosted by the Silverstone Auctions since 2012, turned out to be one of the company’s most successful. With a number of record prices achieved, auction sales totalled £5.8million and with an 80 per cent sale rate.
While a number of cars made record prices, one result that really stood out was the £58,500 figure made by the 2003 BMW Z3 M Coupe. Having covered just 11,000 miles since rolling off the production line, this Titanium Silver example had been owned by a single family – passing between two brothers – and has been well cared for.
This later model of Z3M Coupe is extremely sought after, due to being fitted with the more powerful S54 engine from the newer E46 M3. Just 165 right-hand drive examples were ever produced, which makes top grade examples such as this hot property.
Ford Escort RS Turbo makes £30k
Just like last year, the NEC was a successful sale for classic Fords, with perhaps the most surprising being the £30,375 paid for a 12,000-mile Ford Escort RS Turbo S2. Covering most of its miles in the first three years of its life, the Ford was recently recommissioned after being stored in a dry garage and used very infrequently for more than 20 years.
Coming from the car’s first owner, it was one of the very last RS Turbos registered (February 1991), and was bought new after the seller’s first RS was sadly stolen. Original and unmolested Mk2 RS Turbos are extremely rare, and along with this particular car’s excellent history and low mileage goes some way to justifying this price.
Also offered in exceptional condition, with 12,000 miles on the clock, was a 1991 Fiesta RS Turbo. This rare example sold for just shy of £20,000. Other fast Fords that sold well included a 1993 Ford Escort RS Cosworth for £40,500, and a 1991 Sierra Sapphire RS Cosworth 4x4 for £26,438.
Porsche 930 Flachbau record(s)
The very first UK-market Flatnose Porsche 911 Turbo SE, used as a press car (appearing on the cover of CAR Magazine when the car was first featured) was the subject of much interest. After some serious bidding, it sold for a record auction price of £202,500.
The record wasn’t to stand for long, as just minutes later a Guards Red Flatnose hammered down at an even higher £211,563. The highest Porsche price of the sale went to a ‘show class’ 356A T1 Speedster, selling for £306,563.
For the Love of Cars Lotus Elite
A particularly special Lotus Elite, first owned by Chris Barber was auctioned for an upcoming episode of the hit Channel 4 TV show For the Love of Cars. Under the careful eye of Ant Anstead, Phil Glenister as well as Channel 4’s cameras, the Elite finally sold for £121,500.
Another car restored by Ant Anstead’s team was a 1969 Aston Martin DBS, which featured a Vantage-spec engine and manual transmission. It sold for a world record market price of £174,375 including premium, to a buyer in Austria.
Speaking immediately after the sale, managing director of Silverstone Auctions, Nick Whale, said: ‘What a sale! One of our best ever and the most successful we’ve had at the Classic Motor Show since we first hosted the auction back in 2012. I’m delighted that we’ve achieved such strong prices for our vendors and it’s a delight to see buyers going home so pleased with their new purchases. I’d like to say a special thank all those involved in helping put the sale together and make it such a phenomenal success.’