HomeThe Market131-mile Peugeot 309 GTi brings $145 per mile at auction

131-mile Peugeot 309 GTi brings $145 per mile at auction


Barons opened its 2019 collector car auction calendar this week with its Classic Winter Warmer Sale at Sandown Park in England, where 70 percent of the 69 vehicles on the docket went to new owners.

Primary interest in the auction centered around an unlikely collector vehicle, a 1991 Peugeot 309 GTi. What made the car of interest was the fact that not only was it a one-owner vehicle, but it had been driven only 131 miles since new. The car’s owner had been out of the country for work for much of the time and the car was presented in seemingly showroom condition.

Barons said the bidding was “hotly fought” before the car sold for 

£14,520 ($19,162) — or £110 ($145) per mile traveled.

“We’re very happy with how the first sale of 2019 went,” said Tim Gascoigne, Barons auction manager. “We sold 70 percent of the cars on offer, which is a great result in the current market. The £14,520 achieved for the Peugeot 309 GTi must be a record price for the model.

“And there were lots of other strong results, including £30,360 ($40,066) for the 1951 Jaguar Mk V, £18,260 ($24,100) for the Ginetta G33N, and £20,130 ($26,565) for the 1964 Morris Mini Cooper.”

Peugeot, 131-mile Peugeot 309 GTi brings $145 per mile at auction, ClassicCars.com Journal
Jaguar with quite a history found deteriorating in a garden

Barons next sale is its Spring Classic scheduled for April 30. Among the early consignments is a 1973 Jaguar XJ Series 2 pre-production coupe, chassis No. 2, which was built as a left-hand driver but was converted by the factory to right-hand drive and registered to the factory in 1974. 

It became Jaguar chief engineer Jim Randle’s company car. Later it was sold to Thoroughbred and Classic Cars magazine, but has been found languishing in a garden and now is in need of complete restoration.

Larry Edsall
A former daily newspaper sports editor, Larry Edsall spent a dozen years as an editor at AutoWeek magazine before making the transition to writing for the web and becoming the author of more than 15 automotive books. In addition to being founding editor at ClassicCars.com, Larry has written for The New York Times and The Detroit News and was an adjunct honors professor at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.


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