Author Topic: Auctioned G40 £10,250  (Read 2203 times)

Offline benh999

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Auctioned G40 £10,250
« on: April 11, 2016, 06:45:49 pm »
  I spotted this polo in an East Anglia classic car auction on April 9th.

It is a pearl grey g40 standard form with 40ish k miles on the clock.  Couple of owners with fresh mot.  No mention of history etc and in my opinion needed some TLC and a good clean.

I am stunned it fetched £10'250.  I've never seen a g40 brake through 5k let alone 10k

Who would make such an investment??

Be a few years before G's are changing hands for that sort of money surely?

Ben ????

Offline dan182

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Re: Auctioned G40 £10,250
« Reply #1 on: April 11, 2016, 09:01:42 pm »
I was trying to bid on it had rust on bottom of door and 5 dents

Offline benh999

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Re: Auctioned G40 £10,250
« Reply #2 on: April 11, 2016, 09:29:25 pm »
I was trying to bid on it had rust on bottom of door and 5 dents

Did you see it in the flesh? Was it in good nick?

Offline dan182

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Re: Auctioned G40 £10,250
« Reply #3 on: April 11, 2016, 09:34:26 pm »
No got someone do a walk around over phone he said patch of rust on bottom drivers door same size as a parm and rust on front wing

Offline benh999

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Re: Auctioned G40 £10,250
« Reply #4 on: April 11, 2016, 09:52:18 pm »
Still can't fathom who would pay 10k.?

Offline Jester

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Re: Auctioned G40 £10,250
« Reply #5 on: April 11, 2016, 10:40:29 pm »
I saw this on carandclassic.co.uk and it looked a bit scruffy but the estimated price was 2.5-3.5k?? did the person actually pay £10,250?
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edit: http://www.angliacarauctions.co.uk/en/classic-auctions/latest-classic-car-catalogue/saturday-9th-april/1992-vw-polo-g40/
« Last Edit: April 11, 2016, 10:45:44 pm by Jester »

Offline yomp

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Re: Auctioned G40 £10,250
« Reply #6 on: April 11, 2016, 10:52:19 pm »
I'm new to this site but was looking at this car to maybe purchase. Glad I never went now. 2 people got carried away I think!
Either that or they mistook it for a MK1 Golf gti! ;D

Offline dekerf1996

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Re: Auctioned G40 £10,250
« Reply #7 on: April 12, 2016, 10:27:28 am »
I was bidding on it, and the way it just few up in price (was on the telephone) and it reached £4.7k rather quickly when i pulled out.

Looking at its history its had various MOT failures on brake lines and warnings on shocks

Plus as stated it had rust on door and wing, a few dents and faded interior

Offline hayesey

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Re: Auctioned G40 £10,250
« Reply #8 on: April 12, 2016, 11:00:07 am »
someone is in for a hell of a shock when they realise it's actual value!

I'd want 4 g40s for that price :D

Offline benh999

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Re: Auctioned G40 £10,250
« Reply #9 on: April 12, 2016, 12:12:37 pm »
Must have been one hell of an auctioneer to pull in that price... Bet he pushed the whole "it's a future classic" "limited production" "next mk1 golf" etc

I'd love the new owner to turn up on the forum 8)

Offline kwijibo_coupe

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Re: Auctioned G40 £10,250
« Reply #10 on: April 12, 2016, 05:14:36 pm »
I read it was £10,500 it went for? Either way it is still a heck of a lot of money for a car that will only make £3k tops braking for spares and going by its condition maybe worth about the same or less as a whole car.

I'd imagine though it has either gone to a dealer or a collector. Whoever has it will be holding onto it for a LONG time if they expect to even get their money back on it.

Offline polo classic

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Offline kwijibo_coupe

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Re: Auctioned G40 £10,250
« Reply #12 on: April 13, 2016, 08:32:23 pm »
Not too bad? The most expensive one on there is £6,550 when you convert it.

Even in parts they aren't worth 'that' much. Once you've sold the conversion, rose jointed TCAs, rose jointed steering arms and the rear beam. Most of the rest is just parts you can find on any other mk3 Polo or even other VWs like the mk1 or mk2 Golf.

Offline benh999

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Re: Auctioned G40 £10,250
« Reply #13 on: April 30, 2016, 10:27:49 am »
did we ever find out who purchased this car?