New record sale price for a Tr5 ?

New record sale price for a Tr5 ?

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R TOY

Original Poster:

1,649 posts

195 months

Tuesday 10th November 2020
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Watched (online) an unfinished Tr5 restoration sell at auction today for £62200 . That’s good enough but buyers fees at 15% made it £71530 . Then the whole lot was liable for vat making the total an eye watering £86k .
The car looked exceptional, steel engine, and all the expensive bits done but still another £5 - £10 k to go I reckon .
Is this a sign of things to come ??
Hope so because I’ve recently invested in one , albeit with a much lower price tag .
Is this the highest priced Triumph ever ?




hilly10

5,877 posts

195 months

Tuesday 10th November 2020
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Rare car with only 1000. made, but just hope the bottom don’t fall out the market.

CRA1G

4,868 posts

162 months

Tuesday 10th November 2020
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R TOY said:
Watched (online) an unfinished Tr5 restoration sell at auction today for £62200 . That’s good enough but buyers fees at 15% made it £71530 . Then the whole lot was liable for vat making the total an eye watering £86k .
I'm sure the VAT is only added to the 15% fees not the car.?

R TOY

Original Poster:

1,649 posts

195 months

Tuesday 10th November 2020
quotequote all
Auction website clearly stated all lots subject to vat . It was owned by a business rather than a private seller which becomes irrelevant if you can reclaim, until you try to sell it of course !

G600

1,457 posts

154 months

Tuesday 1st December 2020
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R TOY said:
Is this a sign of things to come ??
Hope so because I’ve recently invested in one , albeit with a much lower price tag .
Let's hope not, triumphs are usually affordable classics that get driven, not investments that sit locked away

Yertis

16,221 posts

233 months

Thursday 3rd December 2020
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G600 said:
Let's hope not, triumphs are usually affordable classics that get driven, not investments that sit locked away
Even Spitfires are starting to go for daft money. Or at least, daft money is being asked for Spitfires.

R TOY

Original Poster:

1,649 posts

195 months

Tuesday 8th December 2020
quotequote all
G600 said:
Let's hope not, triumphs are usually affordable classics that get driven, not investments that sit locked away
Yeh , fair point but they can still be driven and used , certainly 5’s are up into Etype money now but a much simpler car and easier to work on , maybe that is part of the attraction.
Definitely intend using mine !