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The 1964 Aston Martin DB5 which sold for $1.55M. The 1964 Aston Martin DB5 which sold for $1.55M. Featured
24 April 2019 Posted by 

END OF THE ROAD FOR CAR MUSEUEM

Bittersweet result for Classic Cars
IT was a bittersweet result when almost of the 150 vehicles up for auction at Gosford Classic Cars sold earlier this month.

A 1964 Aston Martin selling for $1.55M and a 1997 Aussie Invader fetching $455,000, topped the sales on April 6 and 7.
 
The sale, conducted by Lloyds Auctions following the closure of the West Gosford facility in March, saw well over 2,000 people attend over the weekend, with a 1930 Packard 740 attracting the third highest sale price of $225,000.
 
Gosford Classic Cars General Manager, Jason Fischer, said 97 per cent of the cars sold on the day, with negotiations continuing with a few.
 
Fisher said most of the cars had been sold to Australian buyers, although there had been considerable overseas interest.
 
“We had people flying in from overseas to inspect the vehicles prior to the auction, which just shows what a big attraction Gosford Classic Cars was for the Coast,” he said.
 
“One of the tragedies of the closure of the business is the loss of jobs; mechnanics, general hands, detailers and administration staff, all looking for new jobs.
 
“But there is also a loss to the community and you can’t put a dollar value on that.
 
“People would come to see the cars, stay in the area, eat in the area.”
 
Approximately 10 records for Australian cars alone were broken for Holden models at the sale, with American and European luxury cars also attracting good prices.


editor

Michael Walls
Publisher
P: 0407 783 413
E: Michael@accessnews.com.au

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Central Coast Business Access (CCBA) covers the business and community issues of the NSW Central Coast region. CCBA is a prime media source for connecting with the pulse of the region and tapping into it's vast opportunities.