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Peugeot 205 GTI sells for record £31k at auction

Peugeot 205 GTI sells for record £31k at auction Classic and Performance Car

Silverstone Auctions has sold an extremely original Peugeot 205 GTI for £30,938, at one of the company’s biggest auctions ever.

Silverstone Auctions has announced total sales of £4.9m at its Silverstone Classic auction, with a 72 per cent sale rate over the three days. There were some impressive results, but the highlight for many was the extremely original and low mileage Peugeot 205 GTI, that sold for a total of £30,938 including premium. At £12,000 above the one-owner car’s lower estimate, this is a new world auction record for a 205 GTI.

This wasn’t any ordinary 205, having covered a mere 7986 miles since it was first registered in May 1989. The car was used very sparingly by its only owner, due to being given a company car shortly after it was purchased. Over the years it has been regularly exercised, and kept in great mechanical condition, even after the vehicle was put into storage in 2004.

In terms of modifications, the GTI received an aftermarket Cobra alarm in 1993, as well as a stainless steel exhaust in 2003. All the paintwork is original, and the interior is unmarked with perfect trim, original radio/cassette player and an unused cigarette lighter. Although the seller advises that they should be changed, the 205 features the original Pirelli P600 to also verify the low mileage.

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Other highlights from the auction include a 1958 AC Ace Bristol that sold for £249,750, more than £80,000 over its lower estimate, as well as a matching numbers and fully restored 1965 Jaguar E-Type Series I 4.2 FHC, which made £123,750 including premium.

Speaking after the sale, managing director of Silverstone Auctions, Nick Whale, said: ‘It’s been another exciting weekend at the Silverstone Classic and I’m delighted to see that so many customers old and new joined us for what was our biggest ever auction. The team put together a great catalogue with a fantastic variety of classic cars that clearly appealed to buyers.’

Peugeot 205 Classifieds

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