World's oldest Vauxhall up 18.1% on estimate at Bonhams

paulfrasercollectibles

2015-06-26 13:02:43

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World's oldest Vauxhall up 18.1% on estimate at Bonhams

The world's oldest surviving Vauxhall classic car has auctioned for $151,000 in London

The world's oldest surviving Vauxhall classic car has beaten its estimate by 18.1% at Bonhams in London.

The 5hp two-seater sold for 94,460 ($150,959) against its 80,000 ($128,250) high valuation at the November 2 Veteran Motor Cars and Related Automobilia auction.

Oldest Vauxhall classic carThe 1903 Vauxhall had been owned by the same family for more than 100 years

The two-speed vehicles, produced in 1903, were the first cars made by the British based company.

Boasting cream paintwork and brown leather upholstery, Vauxhall managing director Percy Kidner bought the car new in November 1903.

It passed to a Marylebone, London-based owner in 1904, in whose family it had since remained.

The car was used regularly until around 1920. It went on show at London's Science Museum in 1955 before undergoing a major refurbishment between 2001 and 2002.

Tim Schofield, director of Bonhams' classic car department, said prior to the auction: "This is the first time in 108 years this historic landmark vehicle has been offered on the open market.

"We believe it is the oldest surviving Vauxhall, which makes it a very important motor car".

Founded in London in 1857, the company originally produced marine engines and pumps. Today it is a subsidiary of Opel, itself a subsidiary of General Motors.

The auction was highlighted by a 1904 Delaugere et Clayette, which sold for 225,500 ($360,409).

A 1904 Richard Brasier 16hp Four-Seat Side-Entrance Tonneau sold for223,260 ($356,554).

View our motor racing collectibles for sale here, including this Kimi Raikkonen and Felipe Massa signed cap.

Click here to learn about the investment potential of the classic car sector.

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