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Peugeot 205 GTI sells for record £38k at auction

Peugeot 205 GTI sells for record £38k at auction Classic and Performance Car

Extremely low-mileage and original Peugeot 205 GTI sells for a record auction price of £38,475 at Silverstone Auctions classic sale.

Silverstone Auctions has just sold a Peugeot 205 GTI 1.9 for a world record price of £38,475. Offered during the 2017 Silverstone Classic sale, this exceptional example of the iconic hot hatch has covered just 5726 miles since it was registered in November 1988. 
Not your average GTI then. It’s extremely unusual to find 205s in such original condition, and mileages this low are almost unheard of. At the very same auction last year, Silverstone sold a very similar car for with around 8000 miles on the clock for £31,625, which was at the time a world auction record. The 2017 sale has eclipsed this result by some margin. 
It’s also perhaps the most desirable spec for a Peugeot 205 GTI; a 1.9 is a non-sunroof model, complete with the 130bhp un-catalysed engine and the lighter Speedline wheels. Even more importantly, the car has an interesting story and verifiable history behind it. 
Registered by Peugeot Talbot Motor Company Ltd in November 1988, explaining the car’s ‘OKV’ registration, the 205 was given away in a competition run by the catalogue clothing retailer ‘Grattan’. When the competition winner was announced – a lady from Ipswich – it turned out she was unable to drive.
It was collected from the local Peugeot dealer by her husband, and over the next 20 years was used very infrequently – but always maintained and garaged. Racking up just 5329 miles by 2012, it was sold to the second owner, who has been very careful to preserve the originality of the GTI. 
The history file is extensive, with the original service book, every MoT certificate and all of the invoices for previous service work carried out on the car – a lot of which done by Skip Brown Cars of Cheshire. As a bonus, the original set of Michelin MXV-P tyres were also included. 
There were other similarly high prices paid for very low mileage modern classics in the auction. Fords, as always, proved to be popular. A very special Ford Sierra Cosworth RS500 with just over 10,000 miles sold for £114,750, along with 206km 2010 Ford Focus RS500 that sold for £54,000. The 1987 Ford Capri 280 Brooklands, fresh from an extensive rebuild and showing just 14,680 miles, made £55,125.

Peugeot 205 Classifieds

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