Bonhams Retromobile- Sale Results Feb 09

In the midst of a global recession, the Bonhams auction at Retromobile last Saturday provided evidence that the market is still strong for prestigious classic cars at the right price. The total of €11.25 million was up on last year’s result, and more than 70% of the lots found buyers. However, there were a number of cars in the upper price estimates which didn’t achieve their reserve, indicating that there is possibly just a bit of caution amongst buyers at the moment.