'Barn Find' Aston Martin DB5 could fetch £200k
A 1964 Aston Martin DB5, bought 40 years ago for £1,500, is expected to fetch between £150,000 and £200,000 when it goes under the hammer in May.
The original-condition, 'barn-find' Aston Martin DB5 Sports Saloon is an early consignment for the 14th annual Bonhams sale of Aston Martin and Lagonda motor cars at the factory's Works department in Newport Pagnell, Buckinghamshire, UK, on Saturday 18 May.
With less than 48,000 miles on the clock, it is offered in good condition, having spent more than 30 years cocooned in a garage, but in need of restoration.
The car's most recent owner, Aston Martin Owner's Club member David Ettridge, bought it for £1,500 in 1972, an amount that equates to approximately £14,000 in today's money. After initial use in the 1970s, the car has remained parked his garage since 1980. The engine had not been started since that date, as a result of which evidence of a mouse nest made of shredded newspaper can still be seen in the engine bay. However, after careful preparation, the car's engine was fired up after 30 plus years of silence with David Ettridge's daughters in attendance to witness the momentous occasion.
With fully-restored examples typically selling for upwards of £320,000, this car represents a rewarding restoration project for a true Aston Martin enthusiast.
James Knight, Group Motoring Director, said: "The Bonhams Motor Car department has handled the sale of numerous 'barn-find' Aston Martins over the past 15 years, but none of them have been in as good condition as this DB5. It requires restoration in the true sense of the word, restoring existing original components as opposed to replacing them. There is a growing appreciation of preserving cars to remain as original as possible, and this is an ideal candidate."