DB5 Magic Price
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Discussion

robgt

Original Poster:

2,587 posts

191 months

Wednesday 28th November 2012
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I have just returned from the Classic Car Auction at Brightwells in Leominster. Lot 60 was a 1964 DB5 with an estimated sale price of £115000. Its last owner was the late Peter Walker of TVR fame. The car has been much fettled for use as a race car so I would estimate It would require £80,000 to £100.OOO to bring it up to concours condition. Imagine my amazement when it very quickly made £165,000 plus 10% commission plus V.A.T. Grand total £184,800. I felt really proud for the old girl.

Lunablack

3,494 posts

191 months

Wednesday 28th November 2012
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Peter Wheelersmile

ds2000

2,755 posts

221 months

Wednesday 28th November 2012
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I dream of a DB5 as a retirement gift to myself, god knows what they'll be worth then.

yeti

10,684 posts

304 months

Wednesday 28th November 2012
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That estimate was a joke, but the actual ale price isnt too bad... expected well over 200k.

Perhaps the silly money for them is ending... I'd have kept that pretty much as it is, removed the cage, got some heated leather in there and enjoyed it as a fast road car. Who rolls a DB5 anyway smile

RichB

56,275 posts

313 months

Wednesday 28th November 2012
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I expect Peter Wheeler could have done if you ever saw him racing his Tuscan wink

yeti

10,684 posts

304 months

Wednesday 28th November 2012
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RichB said:
I expect Peter Wheeler could have done if you ever saw him racing his Tuscan wink
I did. Most mental single-marque series I have ever seen. Loved them smile

RichB

56,275 posts

313 months

Wednesday 28th November 2012
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But back on topic I looked at that DB5 on their web site and it was always going to make well over the estimate, I almost bid myself but knew it wouldn't be worth it.

yeti

10,684 posts

304 months

Wednesday 28th November 2012
quotequote all
RichB said:
But back on topic I looked at that DB5 on their web site and it was always going to make well over the estimate, I almost bid myself but knew it wouldn't be worth it.
Nice history and some good work done to it... I'd say that found the right money! It's the 300 grand barn finds that make no sense to me confused

George29

14,714 posts

193 months

Wednesday 28th November 2012
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yeti said:
It's the 300 grand barn finds that make no sense to me confused
Probably because totally original, low mileage cars are rarer? If you were a collector (and I mean one that just stores the cars not drives them), you would want the lowest mileage, most original car possible. That's the only explanation I can think of smile