New record sale price for a Tr5 ?

[R TOY]

Watched (online) an unfinished Tr5 restoration sell at auction today for £62200 . That’s good enough but buyers fees at 15% made it £71530 . Then the whole lot was liable for vat making the total an eye watering £86k .
The car looked exceptional, steel engine, and all the expensive bits done but still another £5 - £10 k to go I reckon .
Is this a sign of things to come ??
Hope so because I’ve recently invested in one , albeit with a much lower price tag .
Is this the highest priced Triumph ever ?

[hilly10]

Rare car with only 1000. made, but just hope the bottom don’t fall out the market.

[CRA1G]

R TOY said:

Watched (online) an unfinished Tr5 restoration sell at auction today for £62200 . That’s good enough but buyers fees at 15% made it £71530 . Then the whole lot was liable for vat making the total an eye watering £86k .

I'm sure the VAT is only added to the 15% fees not the car.?

[R TOY]

Auction website clearly stated all lots subject to vat . It was owned by a business rather than a private seller which becomes irrelevant if you can reclaim, until you try to sell it of course !

[G600]

R TOY said:

Is this a sign of things to come ??
Hope so because I’ve recently invested in one , albeit with a much lower price tag .

Let's hope not, triumphs are usually affordable classics that get driven, not investments that sit locked away

[Yertis]

G600 said:

Let's hope not, triumphs are usually affordable classics that get driven, not investments that sit locked away

Even Spitfires are starting to go for daft money. Or at least, daft money is being asked for Spitfires.

[R TOY]

G600 said:

Let's hope not, triumphs are usually affordable classics that get driven, not investments that sit locked away

Yeh , fair point but they can still be driven and used , certainly 5’s are up into Etype money now but a much simpler car and easier to work on , maybe that is part of the attraction.
Definitely intend using mine !