[TusharK]

Mumbai-AstaGuru's Vintage and Classic cars auction will be held on November 18-19, 2019.



Among the cars that are being offered this year includes a 1974 Pontiac Firebird Trans Am that has an estimated price of Rs. 70 lakh. The car is powered by V8 engine paired with a 4-speed manual gearbox. The car has undergone a restoration and has been modified to look like a 1972 version.



Another notable car is a Fiat 600D. This 2-door four seater is powered by 767cc engine that is mated to a 4-speed manual gearbox. The car is painted in Ferrari Yellow and has black interiors. It has an estimated price of Rs. 20 lakh.



A 1970 Rolls Royce Silver Shadow will also go under the hammer this year. This car has a V8 engine and a 3-speed manual gearbox. It has an estimated price of Rs. 40 lakh.



To check out the other cars that will be offered at the auction, visit the AstaGuru website.

Link to Team-BHP News

[v12]

Is the Rolls Royce Silver Shadow the one that was once owned by Captain Leela Nair?

[C.ARPIT]

Is anybody able to open the catalog on the website? It is not opening for some reason.

[KartikeyaL]

The website listing is live now, here is a screen-grab of the cars up for auction.

The E-Catalogue can be accessed here

[GTO]

Listings are also available at this link.

[AKV10]

The cars are on display at The Palladium, Phoenix Mall in Mumbai. Here are a few pictures by my friend Neil,










Enjoy!
AKV

[KartikeyaL]

With roughly 7.5 hours to go, all cars have attracted bids !

Live updates can be seen here

Please click on the picture to enlarge

[the mole]

Originally Posted by KartikeyaL

With roughly 7.5 hours to go, all cars have attracted bids !

Live updates can be seen here

Please click on the picture to enlarge
Attachment 1936269

Check again carefully, not all cars have bidders you have to go to the car page and look at the bidding activity. Your screen shot only shows the base bid for cars that do not have a bid on them.

[KartikeyaL]

Originally Posted by the mole

Check again carefully, not all cars have bidders you have to go to the car page and look at the bidding activity. Your screen shot only shows the base bid for cars that do not have a bid on them.

Thank you so much, I stand corrected.

Now lets wait and watch what happens in the next two hours.

[KartikeyaL]

Here are the auction results

Out of the 10 cars, 6 got sold and the other 4 did not get any bids.

[KPS]

Originally Posted by KartikeyaL

Here are the auction results

Out of the 10 cars, 6 got sold and the other 4 did not get any bids.

Attachment 1936692

The 1966 Mercedes 230S was estimated at a top end of Rs. 25 Lakhs and the final price of Rs. 68.31 lakhs including 15% buyers margin is mind blowing. This is now a crazy benchmark.

Cheers

KPS

[Bulldogji]

Six cars were indeed sold, one more was nearly sold but the owner decided to sell off site, so actually seven cars invited expressions of interest.

Both astaguru car auctions held so far have thrown up unpredictable results.

Interestingly, European cars seem to attract greater interest as compared to American metal.


One hopes , in due course of time, prices find some stability .

Lots of interest is already being shown by prospective sellors for the next auction.

[the mole]

Originally Posted by Bulldogji

Interestingly, European cars seem to attract greater interest as compared to American metal.

American metal has very poor brand recognition in India. There are Fiat clubs, mercedes clubs, JDM car clubs and now even Maruti clubs if you get the drift.

[anjan_c2007]

The trend encourages more international auction houses to enter now and sell old automobiles after creating a hype with lots of pomp and glitter. The prices that bidders have sealed the deals for are much, much more than the market prices.

More international auction houses entering and with the higher bids, it will also be ironical to see automobiles being sold in India for three or more times the prices these are valued at internationally or in the country of origin of such auction houses.

[Bulldogji]

Anjan, if international auction houses do get into this, which personally I doubt at this stage, prices might just stabilise.

But keeping in mind cost of restoration and associated headaches here, perhaps buyers prefer to pay a bit more to get a decent running car.

You know the costs these days for even a fair restoration, not getting into the millions some people spend just to get prizes in , to borrow from your post, pomp and glitter events known to all , which shall remain unnamed here.

Having said that, even I was taken aback at the hammer price of the fin tail.


But then, if the buyer thinks the price makes sense to him, who are we to say anything !

Sellors will surely be excited at the prices attained, but they should remember , one swallow does not a summer make