What was paid for these SA classics: Rare 1985 Alfa GT V6 fetches R1.1m in global auction

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Alfa Romeo GT V6 3L
Alfa Romeo GT V6 3L
High Street Auctions

• A 1985 Alfa GT V6 3L was auctioned for R1.1 million.

• The auction had a virtual global audience of 15 million viewers.

• In total, over 100 classic cars were sold over the past weekend.

For more motoring stories, visit Wheels24

The South African classic car auction landscape took an impressive turn for the best. The most recent event, hosted by Creative Rides, saw a 1985 Alfa GT V6 3L fetch an impressive price of R1.1 million. Bidding for this car started at R200 000, but keen bidders were relentless in their attempts of acquiring this classic Alfa Romeo.

According to High Street Auctions, the auctioneers in the event, says the event was South Africa's largest vintage and classic car auction of the year and drew a virtual global audience of 15 million viewers.

READ | Why these South African legends at the upcoming classic car auction are more than special

An international bidding battle for a 1985 Alfa GT V6 3L that started at R200 000 and ended at R1.1 million rand was the nail-biting finale to the biggest vintage and classic car auction of the year in South Africa that drew a virtual global audience of 15 million viewers.

classic car
Winning bid... A South African bidder paid R1.1m for a 1980 Alfa GTV6 3L at the High Street Legends & Classics Auction
High Street Auctions

Trans-Atlantic bidding war

Joff van Reenen, High Street Auctions Director and Lead Auctioneer, said: "The star lot of the day was, without doubt, the Alfa GT V6, which was also the last lot in a packed catalogue of some of the rarest collector cars I've ever seen. Lot 106 was a trans-Atlantic bidding war between collectors in Australia and South Africa, and the bids climbed rapidly from R200 000, with the hammer eventually falling at R1.1m. 

"The good news is this extremely rare 3L beast, that was originally designed for the Group 1 local racing circuit, is going to be staying in South Africa."

106 collector cars and motorcycles were sold at this past weekend's auction on Sunday, 4 December, surpassing the records set by the Louis Coetzer Collector Car Auction in 2020.

READ: More rare classics owned by Louis Coetzer announced as part of upcoming auction

classic car
This pristine 1960 Chev El Camino sold for R915 000 at the Legends & Classics Auction
High Street Auctions

Highest prices

After the Alfa, the next highest prices achieved on the day were:

• R915 000 for a 1960 Chevrolet El Camino (pictured above);

• R900 000 for a 1972 Ford Fairmont GT;

• R825 000 for a 1966 Ford Mustang Notchback;

• R800 000 for a 1970 Mercedes Benz 300 SEL; and

• R780 000 for a 1971 Ford Capri Perana.

According to the auctioneers, 80% of the buyers were South African. 

The remainder of the classic cars were bought by collectors in England, Australia, New Zealand, Zambia and Botswana, and we'll be shipping those vehicles to their new owners in the next few weeks. 

The auctioneers said that among the South African buyers, the majority were from Gauteng, with fairly strong representation from the Western Cape as well. Numerous bidders also made multiple purchases at the auction, with one very avid local collector snapping up eight cars for his private collection. Several buyers have indicated to us that their purchases this weekend will be going to private car museums across the country.

classic car
The rare Ford SA-assembled Fairmont GT. This beast of a V8 sent a snorting 224kW of raw power to the rear wheels.
Supplied Aubrey Malden
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