Rare car sales becoming a regular success on Grays

Grays

Grays marketplace delivers a spectacular result with the top five vehicles in its recent Classic Car Auction fetching over $800,000 in total.

Sydney, NSW, August 2020 The recent Classic Car Auction conducted by Grays marketplace in late July achieved rare heights. Among the items offered were five very rare and sought-after vehicles, including the famed "Chicken Coupe" – a 1973 Ford Falcon XA GT Hardtop RPO 83 which sold for over $300,000.
The top five cars offered sold for a total of $816,527 (before fees and buyer's premium), an outstanding result that cements Grays position as the leading marketplace for classic vehicle sales. The July Classic Car Auction generated 1,281,007 total page views, numbers never seen before in the category and a major driver of the auction success.
Rian Gaffy, Classic Car Specialist at Grays said "Our most recent classic car auction achieved some amazing results for our vendors. Competition was fierce for some of the most rare vehicles we have ever offered. One stand-out was the "Chicken Coupe", which had unprecedented interest from buyers all over Australia. Offered in 'barn find' condition, this renowned 1973 Ford Falcon XA GT Hardtop sold for over $300,000."
Results for each of the top five classic cars sold by Grays at the recent auction:
1973 Ford Falcon XA GT Hardtop RPO 83 Manual Coupe - $300,909
Probably the best known GT Falcon in Australia. Parked up in a barn surrounded by chicken wire since 1988, "The Chicken Coupe" has finally found a new home.
1983 Porsche MY84 930 Turbo Coupe - $177,609
One of the best examples of this car in Australia. In immaculate condition with full service history and books, it was Australian delivered with complied production number 1 MY84.
1972 Holden Torana LJ GTR-XU1 - $132,000
Finished in lime green metallic and featuring all original running gear, this unrestored genuine survivor XU1 has featured on Enforcer and The Dude (episode 18).
1971 Valiant VH Charger R/T Manual Coupe - $105,009
Genuine R/T Charger that has undergone a full rotisserie restoration and travelled only 800 miles since build completion. Ready to show and not a cent to spend.
1977 Holden HZ Sandman Manual V8 4-Speed - $101,000
Genuine 4.2 V8 Sandman that has undergone a complete restoration including engine, gearbox and diff. As close to new as can be found.
The statistics for Grays July Classic Car Auction were impressive, and included:
• Unique visitors 181,638
• Site visits: 416,458
• Total page views 1,281,007
The auction attracted interest from all over Australia and featured strong competition and bidding. For the most popular cars, most sold under the hammer and a couple sold after the auction with direct negotiation with underbidders.
"The results of this auction demonstrate that even in the midst of difficult times during the COVID-19 pandemic, quality classic vehicles remain in high demand and hold their value with car enthusiasts and collectors", said Rian Gaffy.
While the COVID-19 pandemic has brought challenges, Grays marketplace continues to adapt and evolve to safely serve sellers and buyers. Being an online platform, it's easy and safe to use Grays to buy and sell classic cars and a huge range of other items. Virtual inspections ensure interested buyers do not need to travel unnecessarily, and delivery of purchased items has been introduced in areas subject to increased lockdown restrictions.
When it comes to the sale of classic cars, Grays is the go-to marketplace for vendors and enthusiast alike. Grays monthly Classic Auction begins Friday, August 21, 2020.
Press
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).