The new venture is called Bonhams MPH and it has its first auction on Thursday 26th September at Bicester Heritage, that centre of all things classic automotive just off the M40 in Oxfordshire.
The auction is unique for Bonhams in many ways. Test drives may be available during the sale preview, while in the actual sale all the cars will be driven through the saleroom so buyers can see and hear them running. Bonhams is using a system of scores out of 100 to describe the condition of each car – though note these scores are provided by the vendor, not Bonhams. Still helpful, we reckon. There is bidding online of course and many of the cars come with no reserve price.
Bonhams is promising an informal, lively atmosphere with a streamlined buying and selling process and reduced auction charges. The emphasis in the MPH sales is on modern classics in the £5,000-50,000 area aimed at younger, often first-time auction buyers.
As MPH’s Ron Hubbard says: "We're hoping to put the fun back into owning a classic car. We'll make it possible to buy something that can provide plenty of enjoyment, without breaking the bank or being too precious to really use."
Here are five lots from the first auction on Thursday, from the 114 cars for sale, that we reckon could put the fun back into our motoring…