This Ford Sierra XR4i auction result had just about everything you could want from a live classic car auction.
A desirable 1980s fast Ford.
One registered keeper from new.
Bidders in the room, on the telephone and online.
And one internet bidder who waited until almost the last possible moment to make their move.
This 1984 Ford Sierra XR4i went into Anglia Car Auctions with a £6,000 to £8,000 estimate.
But what was one with this history actually worth?
One registered keeper from new
The V5C for this XR4i recorded zero former keepers.
That’s an appealing detail on any 42-year-old car, but particularly on something like a Sierra XR4i.
We should make the usual distinction here: a V5C records registered keepers rather than necessarily proving continuous ownership by one person throughout a car’s life.
What we can say is that this XR4i had just one registered keeper recorded from new.
And that makes it interesting.
A remarkably original-looking XR4i
Finished in Caspian Blue with grey upholstery, Anglia Car Auctions described the Sierra as a “nice original car”.
Its odometer showed 81,890 miles.
Under the bonnet is the 2.8-litre V6 that helped make the XR4i such a distinctive performance Ford, driving through a manual gearbox.
The car also came with its original handbooks, some receipts, a spare key and its V5C.
A new fuel tank and fuel pump had been fitted, while the immobiliser was reportedly still working.
Off the road for years
There was an important consideration for bidders.
The Sierra’s last MoT expired in 2009.
As a historic vehicle it is now exempt from mandatory MoT testing, but Anglia Car Auctions quite reasonably warned that recommissioning may be required.
That’s a long period since its last test.
So despite the appealing keeper history and apparently well-preserved interior, this wasn’t necessarily a case of buying it and immediately heading off on a long journey.
As ever with an old car that’s spent significant time away from regular road use, inspection matters.
The Sierra XR4i was something different
The XR4i occupies an interesting place in Ford’s performance-car history.
When the Sierra arrived in the early 1980s, its aerodynamic styling was a dramatic departure from the boxier Cortinas and Escorts British buyers had grown accustomed to.
Then Ford gave us the XR4i.
The combination of the 2.8-litre Cologne V6, distinctive double rear spoiler, unusual side-window treatment and rear-wheel drive gave the Sierra range a genuine performance flagship.
Later Cosworth Sierras would inevitably overshadow it.
But the XR4i came first.
And more than four decades later, a relatively unmolested example has an appeal all of its own.
What was one registered keeper worth?
Anglia Car Auctions gave this example an estimate of:
£6,000 to £8,000.
The bidding began down in the £4,000s.
It didn’t stay there for long.
Interest came from seemingly everywhere.
There were bidders in the auction room.
There were bids coming down the telephone lines.
And there were internet bidders joining in too.
That made this one particularly enjoyable to watch.
Watch the XR4i go under the hammer
With three different types of bidder competing for the same car, the XR4i gradually worked its way towards the top of its estimate.
Then came a moment that demonstrates why leaving an internet bid until the absolute last second can be a dangerous game.
The auctioneer was on the verge of bringing the gavel down.
It looked as though the car was about to be sold.
Then another online bid appeared.
Just in time.
Watch the full auction play out below:
Would you leave an internet bid that late?
It’s an interesting little lesson in live online bidding.
Waiting until the final moment might make sense on a timed online auction where everybody can see a countdown clock.
A live auction is different.
There’s inevitably some delay between what’s happening in the room, the video reaching your device, you pressing the button and the bid being registered at the auction house.
Leave it too late and the auctioneer may already have brought the hammer down.
Once that happens, you’ve missed it.
This bidder got away with it.
But it was close.
The hammer reached £8,000
Eventually the bidding reached the very top of Anglia Car Auctions’ estimate.
The hammer fell at:
£8,000.
With buyer’s premium added, the final price was £8,640.
So although the XR4i didn’t technically exceed its £8,000 top estimate at the hammer, the buyer’s total cost took it beyond the guide.
Considering the bidding had begun in the £4,000s, it had been quite a journey getting there.
Was £8,000 a fair price?
We think this one is interesting precisely because it isn’t a pristine, ultra-low-mileage museum piece.
It’s an XR4i showing 81,890 miles with just one registered keeper on the V5C and plenty of apparent originality.
But it’s also a car whose last MoT expired back in 2009 and which may require recommissioning.
The market had to balance those two sides of the story.
At £8,000 hammer, it seems several bidders arrived at roughly the same conclusion.
They wanted it.
Fast Fords don’t have to be Cosworths
Mention collectible Sierras and inevitably the conversation turns to Cosworths.
Understandably so.
But the enormous values attached to the most desirable Sierra Cosworths can sometimes obscure the interesting cars further down the range.
The XR4i is a very different proposition.
You still get a naturally aspirated V6, rear-wheel drive, unmistakable 1980s styling and an increasingly uncommon fast Ford.
And you don’t need Sierra Cosworth money to own one.
That could make cars like this increasingly interesting to enthusiasts who remember them the first time around.
Three ways to bid, one winner
For us, though, this particular auction was as much about the bidding as the car.
Room bidders are immediate.
Telephone bidders have an auction-house representative relaying what’s happening.
Internet bidders have the convenience of joining in from almost anywhere.
All three were competing here.
And for a few seconds, one online bidder came remarkably close to discovering the downside of waiting until the last possible moment.
They got their bid in.
The auction continued.
And eventually somebody secured the XR4i at £8,000 hammer, or £8,640 including premium.
What would you have paid?
One registered keeper from new.
81,890 miles showing.
A 2.8-litre V6 and manual gearbox.
And a £6,000 to £8,000 estimate.
The hammer ultimately came down at £8,000.
For a Sierra XR4i with this history, does that sound about right?
And perhaps just as importantly, if you were bidding online, would you have had the nerve to leave your bid until the auctioneer was virtually bringing the hammer down?
We’re not sure we would.
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