Classics often over perform on the road but rarely when it comes to the auction room, until an original Peugeot 205 GTI gave it’s excited owners an accelerated blood rush as a record auction price of £38,475 at Silverstone Auctions classic sale was achieved.
The world record price tag of £38,475 was reached following an in-house and online bidding frenzy at Silverstone Auctions.
The car in question is a legendary Peugeot 205 GTI 1.9, which was registered in November 1988 and has apparently only recorded a very respectable 5726 miles on it’s lazy speedometer, is an amazing example of an 80’s hot hatch.
Barn find it may not be but lets be honest most of these pocket rockets have normally seen the wrong side of your country hedge, then subsequently either ragged to death or given a Christmas tree make over.
Silverstone sold a very similar car for with around 8000 miles on it’s speedometer for £31,625, which again was a world auction record at the time of sale.
The Peugeot 205 GTI is also one of the most sought after, with it’s 130bhp non-cat engine and speedline wheels that weigh just that little bit less for extra punch along that winding road.
Full service history, verified paperwork and lack of sunroof all gave the racer extra credibility as it went under the hammer.
The story follows that the car was bought by a keen husband for his loving wife in Ipswich, subsequently the GTI was used infrequently for trips to the local shops, and therefore racked up such low mileage on it’s careful travels.
Garaged, serviced and original service details, the car also comes with every MOT certificate ever carried out it’s history.
Given the mileage on the vehicle it’s no surprise that the original Michelin MXV-P tyres were still residing on those immaculate speedline alloys.