Equipment
Chrome spoke Borranis, late stereo. Superficially repainted, drivers door closes hard and not flush, handle loose. Thin trim chrome. Numerous butt connectors in underhood wiring, fuel lines painted Red, rubber radio antenna. Good interior and major chrome. Reportedly stripped and repainted in 2000 along with cylinder head work. No Reserve.
Market commentary
This result validates the wisdom of presenting mediocre cars without reserve. Bidders get enthused and pay a premium for the thrill of winning at auction. The low estimate on this GTE was a reasonable approximation of its market value after factoring in Bonhams 15% buyers commission.