Ferrari, Porsche and Jaguar are some of the car brands that we dream of buying when we eventually win the lottery.
But dreamers can now see their reflection in the waxed curves and sculpted wings of some of New Zealand’s best vintage cars when they go under the hammer in Auckland on Sunday.
Webb’s has 49 lots for sale at the ASB Showground including 35 cars, a scooter, a motorcycle, a boat and 11 memorabilia.
Auckland auction house estimates the sale will bring in total sales of $3 million, with some cars expected to reach well into the six figures.
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A British race green 1960 Jaguar XK150 3.8S, for example, is expected to fetch around $300,000. The car is road legal and right-hand drive.
The star of the show is a 1982 Ferrari Berlinetta Boxer 512i in Rosso Corsa, the classic Ferrari red. It’s expected to cost well over half a million dollars, with a top estimate by Webb putting it at $650,000.
French film star Jean-Paul Belmondo, star of the classic film BreathlessShe owned a silver one. Fewer than 1,000 examples of the 512i were made, according to Webb.
Possum Bourne’s 1982 Subaru Leone rally car is also available. Bourne drove it during the 1983 Rally of New Zealand where he finished 14th.
Willard Martin sells his 1986 Citroën 2CV Charleston at auction. The 78-year-old bought the car in Palmerston North in 1999 but is now downsizing his car collection.
The Citroën was sold new to New Zealand in 1986, according to Webb’s.
The Charleston has two-way suspension and was designed to be driven across a plowed field with a basket of eggs, Martin said.
It’s “brilliant to drive, totally different from any other car, you go over a speed bump faster,” he said.
The car has a sunroof and large windows, but not many safety features.
“The air conditioner is a window, but it has a heater,” he said.
Martin has taken it to rallies across New Zealand with other Citroën owners, including the Art Deco Festival in Napier.
He’s even ridden off-road a few times and said it could climb a steep incline and get out of the mud.
Webb’s expects the car to reach between $30,000 and $40,000.
Larry Barnett, business development manager for classic car insurance specialist Classic Cover, said Covid-19 has boosted the market like much of the luxury leisure market as people are reluctant to spend money on travel.
“People see that collector cars, investment-type cars, do very well,” he said.
Barnett said that many people who buy classic cars do so as a stable investment, but “it’s the investment that you enjoy because you get to drive it.”
“What is the pleasure of owning stocks?
“It’s just pure driving pleasure,” he says.
Barnett, who owns a 1969 Plymouth Roadrunner 426 Hemi, said the value of a classic car comes from the history of the particular vehicle and type, as well as the originality of the vehicle.
“For me, if it has racing history, I would look at the history of the car,” he said.
Other highlights of the auction include a light blue 1956 Ford F100 that is expected to fetch $80,000, a 1994 Bentley Continental R that looks like a mob boss car, and a 1998 Ferrari 550 Maranello in blue that is expected to fetch $80,000 will fetch $200,000.
A 1973 Porsche 911S Targa 2.4S white convertible is expected to cost $320,000, Webb’s believes there are only about nine left in the world.
There are also some cheaper cars for sale, including a 1996 Peugeot 306 Turbo Diesel in red.
Dreamers and prospective buyers can view the cars in Pavilion 3 between 10am and 12pm on Sunday before the auction begins at 2pm.