A 40-year-old Peugeot 205 sold for £227,250.
It was thought that the engine could sell at auction for £300,000, but the winning bid is much lower than that sale.
What makes this car so valuable is that it bears the number 176 of the two hundred “Special Homologation” editions manufactured by Peugeot.
The unused sprinter is a ‘Turbo 16’ version introduced for just £6,245 in 1984.
He once described it as “a rare and sought-after gem by creditors and car enthusiasts. “
The Peugeot 205, a staple on British roads in the 80s.
The £220,000 engine, which has less than 10,000 original miles, has now been auctioned off in the UK.
Mechanically, the T16 is another beast of the regular 205, with a tuned-up turbocharged gasoline engine fixed in the middle of the car with power transmitted to all 4 wheels.
Iconic auctioneers say of the sale of the Silverstone Circuit: “This is a rare gem sought after by creditors and enthusiasts alike, capable of reaching a blistering speed of 220km/h.
“Naturally, there’s a lot of interest in this car, either in the room or online, but it was a telephone bidder who won the auction.
“Capable of reaching a breakneck speed of 220km/h, it has nothing to do with the production 205 in the windscreen, doors and headlights, and mechanically it is absolutely different, especially its mid-engine and 4×4 configuration.
“The fact that she was trained and appointed to the 205th was only for the purpose of selling production car sales. “
It comes as a grandmother of six won a Lamborghini worth £190,000 in a prize draw.
Wendy Bailey, a retired seamstress from Mexborough, Yorkshire, won the luxury SUV in the Best of the Best (BOTB) competition, as a huge cash prize.
Elsewhere, we unveiled the largest number of cars ever sold at auction.
Or maybe you’d like to own what’s considered to be the fastest car in the world, but you’ll need over £2 million to be able to acquire it.
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