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Ultra-rare E-Type restored and ready for auction

Date: 17/06/2014 03:57:09
Category: Classic Cars
Author: Laura Varley

An ultra-rare E-Type 1950 Healey Silverstone is finally ready to be auctioned off, after two years of restoration.

According to rac.co.uk, the restoration was desperately needed, as the car had been sat in a garage for 30 years. However, all the hard work is likely to pay off because it's estimated to sell for £180,000 at auction next month.

The find is a rare one indeed, as only 105 Healey Silverstones were made. Built by the Donald Healey Motor Company factory in Warwick, the car was designed to be a high performance vehicle which could either be used on a race track or on the road. It was built for less than £1,000, as any goods over that value required the purchase tax to be doubled.

Although the car only comes with a 104 horsepower 2.5-litre Riley engine, it proved to be successful on the race track in its day. Even Mr Healey went on to get a class win in the 1949 Alpine Rally using the car, reports bt.com.

The car will go up for auction during the Silverstone Classic race meeting, which takes place between July 26 and July 27.

The managing director of Silverstone Auctions, Nick Whale, said he hopes to see the vehicle back on a race track in the near future.

"This is one very special car that is steeped in history and it's a delight to be offering it for auction at its namesake," he stated.

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