This rare Ford Sierra Cosworth RS500 has just 12,000 miles on the odometer.
On December 3, all you Ford fanatics will have reason to head to the U.K. A ‘Holy Grail’ 1987 Sierra Cosworth RS500 is coming up for auction as part of the Classic Car Auctions sale at the Warwickshire Exhibition Center – but it won’t come cheap.
Early estimates have it going for anywhere between £60,000-£70,000 ($74,600-$87,000). For that price, you’ll be getting a right-hand drive, manual example with just 12,000 miles (19,312 kilometers) on the odometer. It was bought new in 1987 before being sold to its second owner in 1988 when it had covered just 2,000 miles (3,218 kilometers). In 1995 the car was shipped to the U.S. and put into a climate-controlled garage.
It wasn’t until 2000 that the car would come out of hiding, still in immaculate condition. Unfortunately, the then owner wasn’t able to register it for use in the U.S., and after a few more years in storage, he decided to ship it back to the U.K. for sale. After a light renovation and some careful recommissioning by experts at Graham Goode Racing, the car is now ready for its fourth owner.
“This sparkling, low mileage Cosworth RS500 is an absolute must for the astute collector,” said Guy Lees-Milne, auctions manager at CCA. “Cars of the 80s and 90s are some of the fastest rising modern classics in the current market, and the appetite for well kept, low volume Fords in particular, shows no sign of abating. A buyer would be hard pushed to find another pristine example with 12,000 miles.”
Along with the rare RS500, its buyer will also get all the accompanying documentation, including the original Ford Sierra Cosworth owner’s manual, the RS500 supplement, the service record book, the current MoT certificate, and the receipt for the recent restoration work. Question is, is it worth the hefty asking price?
Source: Classic Car Auctions
1987 Ford Sierra Cosworth RS500 Auction
A rare 1987 Ford Sierra Cosworth RS500 in outstanding condition with just 12,000 miles on the clock, will go under the hammer at Classic Car Auctions’ (CCA) December Sale on 3rd December at the Warwickshire Exhibition Centre.
This right-hand drive, manual example, build no.451, was bought by its first owner in 1987, before being sold to its second owner in 1988 when it had covered just 2,000 miles. Having used the car sparingly up until 1995, he then emigrated to the United States. During this time the car was put into climate controlled storage, preserving its condition until the owner shipped it out to join him in the US in 2000.
Despite his best efforts, however, he was unable to register the car for use in America and the car was again put into dry storage in the owner's private garage until earlier this year. when he decided to return it to the UK for sale, there being no market for the vehicle on the other side of the Atlantic.
After its travels across the globe, the car is now back in the UK and has been treated to a light renovation and careful recommissioning by highly respected performance specialists Graham Goode Racing, restoring it to its original standard specification in all respects, in preparation for sale.
Now presented in exceptional condition, with just 12,000 miles on the clock, it will be offered at auction with an estimate of £60,000 to £70,000.
“This sparkling, low mileage Cosworth RS500 is an absolute must for the astute collector,” comments Guy Lees-Milne, auctions manager at CCA. “Cars of the 80s and 90s are some of the fastest rising modern classics in the current market, and the appetite for well kept, low volume Fords in particular, shows no sign of abating. A buyer would be hard pushed to find another pristine example with 12,000 miles!”
The accompanying documentation includes the original Ford Sierra Cosworth Owner's Manual, the RS500 Supplement, the Service Record book, the current MoT Certificate and the receipt for the recent work carried out by Graham Goode Racing.