A collection of 174 classic cars has been sitting, covered in dust in a London warehouse for 10 years. Now they're heading to auction.
The collection is the result of a local businessman's decade-long passion for buying vehicles and then storing them in a warehouse rented from the town council. After the council asked for the space back, the businessman, who wishes to remain anonymous, couldn't find a similar space for the price he had been paying the town. So, he decided to sell all of the cars.
An anonymous businessman has spent the last 10 years buying classic cars and storing them at this North London warehouse.What is stored in the warehouse runs the gamut of storied European and Japanese brands. Mercedes-Benz and Land Rover are well represented. Also present is a group of cars made by MG, a British-owned brand for decades that was sold to Chinese automaker SAIC Motor in 2006 after the collapse of MG Rover Group.
This has led to a few snags in the selling plan. The collector had originally intended to hold a public viewing in the warehouse and collect bids in the following days. That spurred a flood of bids and some annoyed bidders when it was announced that the cars would instead be listed on Ebay with the intention of maximizing the potential value of each car.
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