Underlining the continuing demand for prestige and executive
vehicles, BCA is doubling its Top Car programme in the Midlands
with the introduction of a second sale every month at the
Nottingham centre.
BCA UK Operations Director Simon Henstock commented "BCA
Nottingham has long been established as the premier Midlands
location to remarket high value stock and this additional monthly
sale reflects the demand from both our buyer and seller customers
to expand this successful platform."
The last Top Car sale held at the Nottingham venue on Thursday
22 September sold 351 cars in 6 hours for a turnover of £4.1
million. Nearly 800 buyers registered for the sale including over
600 online bidders via BCA's Live Online service. The previous sale
- in August - generated an ever bigger turnover of £4.6
million.
Henstock added "It is a peculiarity of the economic downturn
that demand for high value cars has increased significantly over
the past 20 or so months. Despite the difficult economic
conditions, the market for high value prestige vehicles is
exceptionally buoyant, with buyers prepared to invest six-figure
sums for the right vehicle. It could be that some well-heeled
buyers are simply deciding that their money might as well be put to
good use on a prestige car rather than languishing in a savings
account that is paying very little interest."
With seller customers including Alphabet GB, Bentley Financial
Services, BMW Group Financial Services, Jaguar Financial Services
and UKcgr.com, BCA Nottingham has offered a mouthwatering selection
of prestige vehicles in recent weeks. A 2009 Lamborghini Gallardo
Spyder E Gear sold for £117,500 in August, while a further 60
cars sold for in excess of £20,000 during the same sale.
The September sale sold two Ferraris - a 612 Scaglietti 5.7
F1A Coupe and a 1991 Testarossa 4.9 Coupe that had just one owner
from new, four Bentley, nine Porsche, nine Range Rover, 22 Audi, 33
Mercedes-Benz and nearly 250 BMW models.
From October, Nottingham's Top Car Sales will take place twice a
month, with sales taking place on Mondays and Thursdays. Catalogues
and listing are available online at www.british-car-auctions.co.uk
in advance. The sales start at 9.30 am with doors open from 8.30am
for viewing.
Forthcoming Top Car sales at BCA Nottingham:
October Monday 10th and Thursday 20th
November Thursday 17th and Monday 28th