Classic Volvo P1800 Sold for Record Price
Bonhams Auctioneers has sold a 1973 Volvo P1800 ES Sport Wagon for the record sum of 92,400 USD. It was at an auction at the Greenwich Concours d´Elegance in Connecticut, USA that the Swedish classic with just 13,000 miles on the odometer was sold. “As far as we know, this is a new world record for a classic Volvo”, a representative for Bonhams said.
This P1800ES has spent its entire life in Keene, New Hampshire, and been used very little by its three owners, the first of them keeping the car for 27 years.
The red paintwork is totally original, so is the black leather upholstery. This beautiful classic Volvo also features some much sought-after factory equipment such as its original factory fitted A/C.
The initial presale estimate on the Volvo P1800 ES was 30,000 to 40,000 USD, but after some competitive bidding by a number of current and former Volvo dealers the superb classic Volvo ultimately sold to an overseas bidder for more than double the estimate.
“The car was nicely presented, well preserved and totally original. It was key for a high price like this. A restorer would struggle to match the build quality of the factory in Gothenburg,” said Eric Minoff, specialist at Bonhams´ Motor Cars department.