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Barnfind fever continues apace, as the recent NEC based Silverstone Auction sale of the 12/13th of April shows; that was an auction devoted to barn-find cars, with a selling rate of 85% plus.
Seriously though the M45 tourer was always going to make ?100k plus hammer price, they are very desirable, and there is keen competition for them today. It is also the prettiest looking of the M45 cars in my opinion. With b.p. it cost ?123,200
The 1932 2.0 litre Contintental at ?51,520 was about right given the work required on the car to bring it up to standard. Although some love this kind of “patina”.
Reading through Classic Car Weekly, it appears the auction and owner received a substantial six figure bid for the car……
Peter hi
Perhaps wishful thinking at ?70,000 for FLD1..
My take on it is slightly different. It was the most expensive car by a long way in terms of auction estimate, yet everyone who might be interested in the club knew about it..
So what happened ?
A white knight rode up on his charger and paid the asking price ?.
I imagine that the owner and auction house were given a substantial bid above the lower estimate to close the sale ?
What a shame that the sale price will now not be known !
It might have been a no-sale, but I think not, given how crazy “barn-find” or totally good cars which have been allowed to rot have been making…
Just suggestions, and no doubt I will be proved wrong…
The car has most unusually been sold prior to the auction !
See this link for confirmation :
http://www.silverstoneauctions.com/lagonda-v12-hooper-2-door-saloon
David – I think you are right, modelled on 138, for which there are a few pictures available.
One might have thought this would be the case.
But I think the car body will be a turn off to most buyers, and the colour combination looks like a bumble-bee..
He is currently asking 55,000 Euro’s for this beast…
Laurence hi
The number plate may be touted, however…..
David is correct, that it is not saleable until the car is made roadworthy and taxed with MOT etc. So it is more likely in my opinion that the number plate will stay with the car for now at least.
imo., Julian is bang on with his valuation of the car as is, and there is clearly one hell of a lot of work to be taken on. But, it is unique, and deserves to be saved, but it is not a dhc, so one wonders where the auction house got the estimate from ?
The majority of people in the club who would be interested, already know about it, hopefully a white knight will step forward….
I think that this unique Hooper fhc is a special car, although I remain dubious that the car will actually sell with such a high reserve, given it currently very poor condition
However, given the ?barn find auction fever? present at so many auctions currently, I will no doubt be proved wrong.
I think the Rapide engine may will be attractive to the V12 racing brigade as well.
The auctioneer?s, might have attracted more interest with a lower estimate and then let the car find it true price under the hammer.
The NEC Classic car show hardly seems the place to sell such a rare car. Bonham?s or Coy?s might have been more appropriate, they can target the audience to suit, especially with their long and wealthy client lists ?
I think that it is potentially impossible to come out of a restoration of this car on the right side if it sells anywhere near its lower estimate or above, and how long might it take as well ?
But no doubt it will look stunning when restored, in a two-tone paint finish, wish I had the money for it !
A few pictures I downloaded from the auction site.
Interior is matching colour, so I would suggest original colour paint-work.
I agree with your comment about the rear of the car, especially on saloons, often just something tagged on as an afterthought.
Just look at the dirt on the car – dreadful storage for such a fine car..
Laurence hi
If I recall correctly this was sitting in a barn on a Shropshire farm yard for the last dozen or so years, with no protection or consideration for the cars rarity or value..
Hooper did a great job, and clearly in the right paint scheme, the car would look wonderful. Interesting dash material, have also seen them in ebonised wood, certainly makes a change.
I imagine this engine rebuild will be potentially expensive, as will the car restoration. I wonder what the real reserve is, estimate is fine, but that is not the bottom line here.
Wise words, re. barn finds, and you may be right when it comes to auction. Lets hope that someone buys it to restore, but it is going to be an expensive proposition, given that it is not a dhc.
Looks to be a small truck or lorry engine, shoe-horned into the space.
The vendor told me I was mistaken when I queried the engine!
Pictures now attached, of what I can only describe as a Hearse on the long chassis.
Chassis No 18014
Engine Number Originally also 10014
Plenty of food for thought, no idea of price for those interested in “early retirement in style”..
Classic and Sportscar web-site, news-bite:
I noticed that it has not arrived on H&H website yet, patience..
I have compared the pictures of this car to the LG45 which was sold recently in the UK, and which had also been improved to Rapide spec etc. Struck me as similar dare I say “replica”.
Here is a good example of a more correct car, ex. Alan Good:
Laurence I agree with your dating.
Perhaps used by the factory and then resold on a later registration or some other ploy ?
Remember seeing the car a year plus ago. It was simply enormous, and the body work styling was not one I was comfortable with.