Classic cars are like good wine; it just gets better with age. The upcoming multi-million dollar Creative Rides auction will see one of the largest exclusive lotteries under the hammer at Montecasino come July 2nd.
Creative Rides Classic and Collectables Auctions will present an unreserved and reserved sale with an astonishing collection of rare, sought-after Italian cars on the block, said the organizer, along with American and classic German and British muscle cars.
With over 115 vehicles under the hammer, we will be opening up some of the cars you can expect to offer today.
To receive the offer number, registration with the strict Fica rules applies, along with a registration fee of R25 000 (this is refundable in full if there is no offer).
BACA | Collectors, ready: 115 exclusive classic cars to be sold at a multi-million dollar SA auction
1958 Chevrolet Corvette
Creative Rides CEO Kevin Derrick told Wheels24 “all the cars have been sourced from a variety of local collections, which goes to show the staggering automotive gem that we actually have in South Africa, but don’t often see.”
Derrick also announced some favorites on the list that he wouldn’t mind for himself.
“The first is a red and white 1958 Chevrolet Corvette for look, power, and feel while driving, and the second is a 1985 BMW 635 CSI for German technique, rarity, and investment value.
Another example is the 1968 red Ferrari 365 GT 2+2 designed and built by Pininfarina. With a less slung fastback design, it’s the first Ferrari to be equipped with standard power steering and power brakes.
“The 4.4-liter single-overhead-camshaft V12 engine is equipped with three Weber carburetors, but the interior makes this model a great tourer with ultra-luxurious performance. The four seats have luxurious leather, veneer panels, a wooden steering wheel at the end. Wheels in production Ferrari, AC , stereo, and standard power windows, ”Derrick said.
The 1968 Ferrari 365 GT 2+2 was one of nine Ferraris in the Creative Rides auction.
1968 Ferrari 365
Derrick said the 1998 Ferrari 550 Maranello red lot would be an inspiring choice for those looking for a more modern classic.
“The 550 Maranello design was first launched in 1996 and at the time was the first front -mounted two -seater Ferrari model to be released in 23 years. It is and remains spectacular in appearance and performance with a top speed of 322km / h.”
Then there was the Alfa Romeo GTV 6 3.0 -liter in 1984, one of 212 ever built, according to Derrick.
“I didn’t expect to see another 3.0 -liter Alfa GTV 6 at auction in my lifetime, so I’m proud and excited that Creative Rides offers the international car collector community another opportunity to own this automotive legend, which has undergone a complete nut and bolt restoration.”
1984 Alfa Romeo GTV 6 3.0 liter
The 1994 Ferrari 348 Spider has a Rosso Corsa exterior and a Nero leather interior with Nero carpets. These include original service books, handbooks, and pockets. The roof, bodywork, and interior are in good condition. Hagerty.com reported the most recent sale last month of this collectible model was at $ 99 000 (R1.52m).
The 1982 Maserati Peacock – an automotive sculpture designed by Giorgetto Giugiaro is one of only 787 Maserati Peacock SS models ever built. This is according to a quote on the website www.maserati-alfieri.co.uk by “Catalog of Raisonné 1926-1990” by Gianni Cancellieri.
Other cars that caused our fire include the following:
1934 Ford Sedan V8
1991 BMW 325 IS
1980 Lancia Montecarlo
1973 Ford Capri 3.0-liter V6
1946 Willys Jeep Station Wagon
1959 Chevrolet Biscayne
1967 Ford Mustang
1959 – 1963 Opel Captain
1970 Chevrolet Impala
1973 Chevrolet El Camino
1990 Nissan Skyline 2.0-LITER SLGI
1980 Mercedes-Benz 350SE
1989 Ferrari 328 GTS
1968 Alfa Romeo 1750 Convertible
1983 Peugeot 504GR
1970 Opel Kadett Super
2013 Ford Mustang Boss 302 Luguna Seca
1993 Camel Trophy Land Rover 110 2.0 liter TDI
1994 BMW M3 E36
1983 BMW 635 CSI
1957 Cadillac 4 Doors
1988 Porsche 944 Turbo
SEE THE FULL CATALOG HERE.
Derrick said the July auction is also a must for fans who want to add a touch of German and British automotive design sophistication to their collection.
“German motorcycle manufacturers are widely represented at this auction. From luxury sports cars to more modest models, there will be items for everyone and vehicles for all budgets.
“This is also among the new collectors who can start looking for their first investment car, and our team of experts will give you advice during the sale.
“Among the German models, look for Porsche, Mercedes, BMW, VW, and even Opel.”
1998 Porsche 944 Turbo
Derrick said collectors of UK classics also have a wide selection of which to choose from.
“If you’re after a sporty model, it deals in MGs or E-Type Jag, but if you’re looking for a classic car, it should be a Rolls Royce or Bentley.”
American Muscle Mayhem
Derrick said there is still a lot of interest in the American V8.
“There is a huge local collector’s market for American muscle cars, which is growing in popularity every year. Ensuring these collectors have a quality auction inventory that remains important to investment collectors because it can keep the trade going.
“Collectors can expect to offer Mustangs, Camaros, Dodge Chargers and Vipers, Corvettes, and more.”
1973 Dodge Charger
Classics are the path to wealth
Derrick notes that for many fans of classic cars, investment value is the main motivation to collect.
“The global classic car market is growing, as well as the price of cars that can be collected. It was a bit slow during a pandemic, but even Covid couldn’t push the market into negative territory.
“Like all investments, you have to learn about your chosen commodity, but you don’t need a lot of seed capital. The collector car market will continue to strengthen, so investors entering the market now can plan long -term growth strategies.”
Hagerty.comThe analysis of the 2021 annual collector car market trends supports Derrick’s view, which predicts long -term growth in the sector “largely because of what is driving growth.”
1981 Rolls-Royce Silver Roh
The trend report noted: “Specifically, we continue to see more fans born after 1964 join. Gen-Xers, millennials, and Gen-Zers are now the majority of people calling Hagerty for quotes about collector car insurance, and the majority continue to grow stronger. .
Most of these changes are explained by fans in their 40s and 50s who are entering their peak years, but even their twenties have been felt.
Similar sentiment came from Historic Automobile Group International (HAGI), which monitors the collector’s car market with indices used by the Dow Jones and Bloomberg, among others. The broadest, the HAGI Top Index, which tracks the value of collectible cars such as Porsche, Ferrari, Bugatti, and Alfa Romeo, reported a massive 264.49% increase in this asset class between the index’s launch in December 2008 and the end of 2021.
1998 Ferrari 550 Maranello
Derrick said the July 2 auction was unreserved and reserved at Montecasino in Johannesburg starting at 11:00 a.m. (Central African Time). Live hybrids, and online auctions will be streamed on the Creative Rides website and social media platforms.
Visit Creative Rides Auction website to view the full auction catalog and contact Creative Rides at email@example.com for information on remote bidding.