Car auction | At auction, Princess Diana's "very unique automobile" fetches more than $750,000.

Auctioneer Jonathan Humbert stated that it was "difficult to underestimate the value of this car" before the sale.


At a British auction on Saturday, a small automobile owned by Princess Diana in the 1980s brought more than $750,000 after a competitive bidding war between purchasers from the UK and abroad.

The bids for the black Ford Escort RS Turbo Series 1 kept flowing, encouraged by the crowd, leaving auctioneer Jonathan Humbert speechless.

He once remarked, "560,000 pounds ($657,832) for a Ford Escort," as the cost skyrocketed. I have never before said that.

He stated that it was "difficult to underestimate the worth of this car" before the auction at the Silverstone racing circuit, located around 80 miles north of London. The car was parked there, he continued, "just as it was back in the day."

A British bidder whose name was kept secret eventually won the auction at the Silverstone racing complex.

£650,000 ($763,555) was the winning bid, beating out competitors from as far away as Dubai.

During her ownership of the vehicle, which spanned the years 1985 to 1988, the princess drove it for casual outings and was frequently observed in London's affluent Chelsea and Kensington areas, according to a press statement issued by Silverstone Auctions, the company in charge of the sale.

Diana preferred to use the modest Ford for personal errands but used a fleet of high-end automobiles for formal engagements, Silverstone stated in its release.


#carauction #auctionsite #auctionsale #vehicleauction

Read more Latest Business News , Today Politics Headline , Today Finace News Update ,Latest Social News Update , World News Highlight , Entertainment Latest News , Today Sports News Update , Education Latest Update , Real Estate Today Update