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Thursday / 20 June 2024
HomeFeaturesSouth Africa’s biggest-ever classic car auction – All the cars that sold for over R2 million each

South Africa’s biggest-ever classic car auction – All the cars that sold for over R2 million each

This weekend, Creative Rides auction house hosted the largest-ever classic car auction South Africa has ever seen at Montecasino, Johannesburg, presenting over 200 lots across 112 years of automotive history to local and international collectors alike.

With around 2,500 attendees and an online audience of over 26,000, the rare cars, trucks, and motorcycles collectively brought in over R100 million with four of the biggest lots fetching in excess of R2 million each.

The top sellers included:

  • 1964 Jaguar E-Type 3.8 Series 1 – R2,375,000
  • 2005 BMW M3 CSL E46 – R2,350,000
  • 1963 Corvette C2 Split Window Coupe – R2,300,000
  • 2007 Porsche GT3 RS 997 six-speed – R2,000,000

The tip-top condition and low mileage of these rides played an integral role in their record-setting selling prices, according to Creative Rides CEO Kevin Derrick, and the good news is that they will all be staying within South Africa’s borders as they were swooped up by local collectors.

1963 Corvette C2 Split Window Coupe

Other auction highlights

One of the most unexpected sales of this past weekend’s Creative Rides auction wasn’t a supercar, a classic, or a “traditionally collectable brand”, but a new national auction record of R555,000 for a 1991 Opel Kadett Superboss.

“The Superboss was a rare homologation built specifically to take on the BMW 325is that dominated Group N racing at the time, and roughly 500 of each were built here for the local market,” said Derrick.

“This hammer-fall record offers yet another example of South African and, of late, international collectors’ passion for limited-edition, home-grown cars, which was evident in the ferocious battle for the Superboss.”

1991 Opel Kadett Superboss

Two examples of the Opel’s direct rival, a BMW 325is and 325is Evo2, also crossed the auction blocks and were knocked down for R900,000 and R950,000, respectively.

Another locally-made icon, a V8 Ford Capri Perana, was sold for R800,000 which is R85,000 higher than a previous sale in March, thereby demonstrating the “investment value of collector cars,” said Derrick.

Two other categories also spent a lot of time in the spotlight, these being muscle cars and BMWs.

Both a 2012 BMW 1M and a 2013 BMW M3 Frozen E92 found a new owner at R830,000 each, and a 1965 Ford Mustang GT350 Restomod was taken away for R1.4 million.

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