Classic car auction draws international interest

Classic car auction draws international interest

Most cars are bought to be driven, but not this one - a rare American classic being sold out of Palmerston North.

The Studebaker Champion has barely hit the road since it rolled off the factory line in 1958 and is still in near-new condition.

With just 74 miles (119 kilometres) on the clock, the car is for sale - but not for driving.

"The collectable nature of this car is the kilometres that it has, or hasn't, travelled really," says Brad Lucas, from Turners Palmerston North.

Imported direct from the US production line in 1958, it's been kept inside for nearly six decades and last changed hands 23 years ago.

Owner Tony Ford happened upon the deal when he bumped into some mates at a Wellington pub in 1993.

"He said, 'Do you want to be in' and I said, 'Yes, how much?'," Mr Ford recalls.

"He said, 'Hang on - John, are you in or out' and he said, 'John you're out'."

So Mr Ford was in, and the seven of them paid $34,000 in total. The Trade Me reserve for the current sale is $50,000.

With the reserve met the owners will at least break even, but there's been some interest from American car collectors.

That's where the real collectors and serious enthusiasts come from, so they could see a great return yet.

Mr Ford's now one of just two owners after his mates passed on, but he has one request for the winning bidder.

"I wouldn't like to see it driven. I'd like to keep it as a museum piece," he says.

If you're interested in rolling way in a brand new old car, the Trade Me auction closes on Monday night.

Newshub.