Cameron’s old Fiat 500 smashes auction estimate
A LITTLE car once owned by the Prime Minister made a big price when it was sold auction for than double its guide price.
The 1971 Fiat 500 L went under the hammer at a sale hosted by Silverstone Auctions at The Footman James Classic Motor Show.
The car which David Cameron purchased in 1998 as a surprise birthday present for his wife Samantha, eventually sold for £18,480, smashing its pre-auction estimate of around £8,000.
The car was just one of the highlights of the auction at the NEC which saw 41 out of the 64 cars on offer finding new homes, reaching a premium inclusive sales value of £1.32 million.
Nick Whale, managing director, Silverstone Auction, said: “Of course, David Cameron’s old car was always going to generate a great deal of interest because of its fascinating history but it was almost out-performed by another 1971 Fiat 500 L, rebuilt to concours standard, which made £17,000. It surely proves that these stylish little cars are very desirable in their own right.”
Other highlights included a stunning Jet Black 1960 Aston Martin DB4 Series II, one of only 351 produced, which fetched £224,000, and a concours-winning 1997 Ferrari 456 GTA which was sold for £41,200.
Meanwhile, four Volkswagen Beetles on offer also proved very popular. They included two models from the 1970’s which sold for £8,690 and £5,500, while two superb examples from the 1950’s did even better, making £12,650 and £23,100.
