Classic Cars Break Records in 11hr Marathon Auction

In an 11-hour long Classic Car auction event on Saturday proved that the collectable car market is as strong as ever, with some incredible prices achieved under the hammer.

Starting at 10am on Saturday, in what was their largest classic car collection ever, compromising of over 450 vehicles altogether, Lloyds Auctions sold everything from American muscle, prestige European classics to some highly anticipated Ford and Holden models.

“From the podium I could see the confidence in the bidding, there was an incredibly strong sell through rate under the hammer with the majority of the remaining cars to sell under referral in the next 24-48 hours,” said Mr. Lee Hames, Chief Operations Officer for Lloyds Auctions.

A 1990 Holden Commodore VN SS Group A 1 of only 302 ever built sold for $385,000 under the hammer.

Representing European classics, a 1963 Mercedes-Benz 190SL convertible sold for $245,000.

The auction finished just before 10pm and was LIVE streamed to viewers across the country but also attracting international attention.

“We had comments on our LIVE stream from international viewers, one I recall from Phoenix, Arizona in the U.S which is really exciting for us and a testament to the entire team’s hard work and dedication to make this event happen over the last few months,” said Mr. Hames.

“We are just so thrilled that Australians tuned in and stayed with us until the very end, we still had thousands watching right up until nearly 10pm,” continued Mr. Hames.

Australian classics including Holden and Fords continue to appreciate, anything of a limited build, celebrity affiliation, significant history or chrome bumpers seem to increase in value and Lloyds urge any Holden or Ford enthusiast looking for advice to give them a call now.

Scott Webber

Head Of Valuations

Accredited Senior Appraiser

Licensed Auctioneer

Qualifications & Affiliations

American Society of Appraisers (ASA)

Profile

Scott Webber is one of the founding partners at Lloyds and has worked for the company from its inception in 2004. In that time Scott has been a Licensed Auctioneer and Qualified ASA Valuer. Prior to Lloyds, Scott was a Farm Manager at Cubbie Station in Queensland, he has an earthmoving and agricultural background.

Scott is heavily involved in daily valuations. He acts for a wide range of clients and vendors including Insurance companies, Financiers, Insolvency Practitioners, Government branches, Joint Ventures and Alliances, large companies, and private individuals. Scott personally co-signs and oversees every valuation report completed by Lloyds. On average the Lloyds valuations department conducts over 500 appraisals per financial year.

Scott has managed many auctions and private sales, previously completing an approximate average of 400-800 traditional auction lots per week. Given that the Lloyds system is now online, traditional auctions are very minimal and are completed in a simulcast method, to comply with contracts we have with major government departments. Although Scott’s focus is currently Valuations, he still oversees and runs auctions weekly on a wide variety of assets from motor vehicles to very specialised process lines.

Scott offers a wealth of experience as an Auctioneer and Valuer in all aspects of Valuations and Asset Disposals.

Having headed disposal programs for Major Infrastructure Alliances, Joint Venture partnerships and Government projects throughout Australia, Scott has a wide range of experience in the Civil Construction, Earthmoving, Manufacturing and Agricultural sectors offering a “turn key” service from start to finish.

Mobile: 0439 765 669