🚙🚗Creative Rides auction rakes in over R5 million 💰 with SA's 1987 BMW 333i Gusheshe sold for more than R1 million 💸Click the link for the story ⬇️ Gusheshe Motoring MotoringNews MotoringWorld TheCitizenMotoring
According to Creative Rides CEO Kevin Derrick, competition was lively throughout the auction, especially with the top-prize grabbing Giulietta Sprint Veloce Lightweight 750E Conrero.The second bidding war was over the 1987 BMW 333i, which saw scores of bidders scrambling to get in on the action. The bidding was fast and furious, with several bidders throwing in the towel at around R1 million.
However, those who remained fought hard, and the price continued to climb. At R1,18 million, only two bidders were left standing, engaging in an epic online stand-off between South Africa and New Zealand. The final hammer fell at R1.25-million, with the “killer” bid coming from New Zealand. The BMW 333i will soon be shipped to its elated new owner in that country.The third bidding war was over a 1994 Nissan 300 ZX Twin Turbo, which was one of the first true Japanese supercars. With only one owner and sold with its original pink slip and full-service history, this lot excited buyers both locally and internationally.
According to Joff van Reenen, Creative Rides Auctions Director and Lead Auctioneer, international buyers are drawn to the South African collector car market because of the interesting and fresh stock, as well as the favourable exchange rate.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Volts and power reduced as BMW prices new entry-level i4 | The Citizen📸PICS: The new BMW i4 eDrive 35 M Sport comes in with less power than the M50 but with a heftier price tag. Is it worth it? Click the story for more pics⬇️ BMWI4 MotoringNews MotoringWorld TheCitizenMotoring
Read more »
Sponsored Content: It’s Greylisting; not Blacklisting: South Africa deals heads-on with GreylistingIt is one positive development for South Africa to celebrate – and there are several others – but the recent announcement that Stellantis, the umbrella automotive group housing motor car brands such as Citroën, Jeep, Opel, Peugeot, and Abarth, is planning to develop a car manufacturing facility in one of South Africa’s Industrial Development Zones (IDZ), comes as a relief for the country. This is particularly so considering the country’s greylisting by the Financial Action Task Force (FATF), only a few weeks ago.
Read more »
Cape Town gangs are going to war over construction deals worth 'millions for doing nothing' | News24Key figures in the Cape Town underworld told News24 a war is being waged, with rival gangs setting their sights on the construction industry.
Read more »
Lawyers for Human Rights launch detention hotline over migrants’ plightLawyers for Human Rights has been inundated with calls for help mostly from immigrants who have been detained and cannot afford legal representation. The organisation launched its immigration detention hotline about a month ago.
Read more »
Get “The Home of Fast” with MetroFibre“The Home of Fast” – this is what customers can expect with MetroFibre’s rollout of unmatched real fibre speed and pricing deals for new direct FTTH customers, from 23 March 2023 – making high quality, real fibre speeds affordable and accessible in all homes.
Read more »
A Cape Town eatery bags the 25th most Instagrammable spot in the worldThe Mother City has no shortage of top spots that offer first-class food and world-class views – with some being the dishes and drinks themselves. Among Big 7 Travel's list of the most Instagram-worthy cafés in the world lies a Cape Town gem:
Read more »