20 Nov 2012
David Cameron's FIAT 500L is Silverstone Auction Highlight
1971 FIAT 500L once owned by British Prime Minister is sold at auction for double its pre-auction guide price, but was almost outperformed by another concours FIAT 500L.
A 1971 FIAT 500L once owned by British Prime Minister David Cameron has fetched more than double its guide price at the recent Silverstone Auctions, held during The Footman James Classic Motor Show at the NEC in Birmingham, UK. The classic FIAT 500L, which was bought by David Cameron in 1998 as a surprise birthday present for his wife Samantha, had a pre-auction guide price of £8,000 (just under €10,000) but eventually sold for £18,480 (almost €23,000).
Nick Whale, Managing Director of Silverstone Auctions, said: "Of course David Cameron's old car was always going to generate a great deal of interest because of its fascinating history, but it was almost outperformed by another 1971 Fiat 500L, rebuilt to concours standard, which made £17,000. It surely proves that these stylish little cars are very desirable in their own right."