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Buyers Still Stumping Up For Status

Fri, 01 Jun 2001
Although the first June auction prices generally are down a bit on May, buyers are still paying top money for cars with cachet.

Golf GTIs remain high with £14,000 needed to buy a 4,500 mile 2000X 1.8T 3-door in metallic red. That's only £2,245 down on the new price after as much as 18 months on the road. This trend was reinforced by £5,750 paid for a really scruffy 49,000 mile 97P Mk III GTI 3-door. Yet, strangely, a much better 62,000 mile 97P GTI 16v 5-door in factory black and with aircon only bid to £5,900, well shy of reserve.

BMWs were solid, too. A 19,000 mile 99T E46 318iSE in desirable silver but needing a door repainted sold for £14,300; an 11,000 mile 98S E40 323i coupe made an excellent £13,700; and even 5-Series were strong with £14,250 paid for a 57,000 mile 98S 528iSE auto.

Audi A3s can vary a lot. While a 66,000 mile 97P 1.6 Sport sold for a low £6,950, a 53,000 mile 98S 1.8T-Sport which started at £8,500 went all the way to sell at £11,550.

Passats are now looking better value. The cheapest I saw was a 101,000 mile 97R 1.6SE, which sold for £3,850, but there were plenty of better examples at sensible money. A 59,000 mile 97R 1.8 Sport sold for £6,050; and a 53,000 mile 97R Sport Turbo sold for £6,900.

A 25,000 mile Ford Focus 1.6LX Estate with aircon was slightly off the plot, selling for £7,175 largely due to its doom blue colour scheme. But cheapie of the day had to be a scruffy 71,000 mile 98R Mondeo 2.0iLX with a/c in white, sold away for just £2,925.

To subscribe to BCA Auctionview, giving composite prices achieved and details of cars in upcoming BCA auctions, visit Full list of auction centres throughout the country at (go back to the home-page and click on auction directory).


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