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First Great Garage Sale at CMC a Great Success Company announces valuation day and two major auctions for next year


CMC held its first “great garage Sale at their head quarters in Brignorth on Saturday October 5th and £10,000 changed hands with more than 300 eclectic lots of automobilia being offered.

 

As a result the company has announced that it is to run two major Great garage Sales at the venue next year, which will also include classic cars motorcycles and classic parts.

 

Nigel Woodward Managing Director at CMC said: We wanted to put our toe in the water and see if how an auction would work. It was so successful that we have decided to run two major auctions every year as well as some ancillary events.

The first of these will be a valuation day and book fair which will be held on Saturday February 29th.

 

Nigel added: “ I am very keen to ensure that the quality that CMC has always upheld in its restoration is also upheld in the auctions that we have in the future.

 

“To that end when we hold out first car auction next year every car or motorcycle that is entered will automatically receive a CMC inspection. An inspection report will then be available to the owner whether the car sells or not. This should give greater comfort to bidders and sellers alike and will be something that will be part of the cars or motorcycles portfolio. If we feel a car or a bike has a major problem then it will not be included in the sale. “

 

Nigel said that the sales would benefit anyone who wished to sell cars, spare parts, automobilia, motoring art and motoring toys.

 

He added: “ We had to turn away dozens of vendors wishing to enter lots for Saturdays sale and we had enquiries from people wishing to sell their cars and parts. So on that basis at least one of the sales will be held over two days so that everyone is catered for and the sale can become a major event in the classic car colander that will cater for all interests.

 

“ We will not charge a sellers commission on any lots. For automobilia, parts cars and motorcycles there will be a buyers commission of 15%.”

 

Nigel said: The valuation day and motoring book fair on February 29th will give people the opportunity to bring their treasured items to be valued and entered into the forthcoming auctions. We are happy to store automobilia and even cars subject to discussions with the owners. I understand that some car owners may not wish to venture out in February and if not we can work with them and appraise and value any car with up to three weeks to go before any car auction date.”

 

Guy Loveridge from Loveridge Agents and Auctioneers who ran the Saturday sale for CMC said: It was a great sale with bidders from all over the world taking part. Important lots included an original Enzo Ferrari signed letter; a bound set of Autosport from 1950-1964 and a rare selection of Michelin items. With a 50% sales rate on the hammer, and plenty of interest in after sale deals, I am delighted with this first result and looking forward to working with CMC again in 2020.”

 

A star lot at the auction that caught everyone by surprise was a Michelin man thermos flask guided at £30 to £50, which sold for £155 including commission and VAT.

 

Dates of the two auctions will be announced shortly and one of them will coincide with the annual CMC open day.

 

Contacts

David Barzilay

david@barzilay.co.uk

Barzilay Associates

Phone: 07860 322333 Mobile: 0207 544 8980

Guy Loveridge

gjcl69@aol.com

Loveridge Agents and Auctioneers

Phone: 07773 576010