Auction: Ford GT realized 1.15 million francs 🎥
SUCCESSFUL RESTART In 2020, the already well-established Gstaad auction of the Oldtimer Galerie Toffen had to be cancelled. At the end of the year, the tradition could be resumed despite recent Corona waves.
What details of the Ford GT the new owner can look forward to is shown in the video.
On offer were 44 classic cars, which could be inspected and admired in advance in the festival tent. The total value of the vehicles had been estimated in advance at around 7.5 million Swiss francs.
On average, the 40 cars, three motorcycles and one children's car were 51 years old and were expected to cost around CHF 171,000 per lot. Seven vehicles were offered without a minimum price.
An hour before the cars, a number of automobilia, including model cars, neon signs and other paraphernalia for the classic car enthusiast were also auctioned off. Already here it was evident that the more than 200 visitors were quite willing to spend.
New owners for 77 percent of vehicles
The good atmosphere in the festival tent also ensured good results. Of the 44 vehicles, 22 were sold directly. For twelve other vehicles, the highest bid was only enough for a conditional sale.
This means that renegotiations are still necessary between the highest bidder and the consignor. Experience shows that in about half of the cases, the deal is still closed, which means that the overall sales rate is around 64 percent.
Bidding war for a Ford GT year of manufacture 2018
A fierce bidding war was sparked by a 2018 Ford GT. When the first bidder reached the million mark, there was enthusiastic clapping. The auctioneer then casually said that the next bid could also cause applause again.
The super sports car, which was one of 1350 GTs produced in Switzerland in 2018 and had only covered 600 kilometers so far, was finally knocked down at 1.15 million Swiss francs, meaning that the buyer paid 1.288 million Swiss francs for the car, including the bidding premium of twelve percent.
Good prices for Ferrari, Lancia and Chevrolet
The Ferrari Testarossa from 1991 (gallery on the right) was brokered even more significantly above its estimated value. Instead of the expected 90,000 to 100,000 francs, 135,000 francs were offered, bringing the sports car, which is in very good condition, to a selling price of 151,200 francs.
A 1993 Lancia Delta HF Integrale Evo II (center gallery) paid 100,800 francs, while a 1995 Lamborghini Diablo VT fetched 190,400 francs.
Some of the visitors had already left the festival tent after the sale of the Ford GT (the 29th of 44th cars offered), when even the last car still triggered an exciting bidding war. It was an open Chevrolet Corvette C2 from 1966 (gallery left), estimated at 80,000 to 85,000 francs. The final bid was 105,000 francs, which still made the car 117,600 francs expensive.
Numerous offers via Internet or telephone
The mask requirement in the tent and the 2G entry threshold did not have a negative effect on the results of the auction, it seems. However, a contribution was also made by the numerous Internet and telephone bidders, who often tipped the scales.
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