One lady owner AE86 Toyota Corolla achieves record price of £46,250 at auction

The 1987 AE86 Toyota Corolla GT sold by Car & Classic is rare in its own right and being entirely original example with no modifications is scarcely

8w ago

A 1987 AE86 Toyota Corolla GT originally bought to cheer the owner up after separating from her partner has achieved a record price of £46,250 on Car & Classic’s online auction platform. Known to be the highest UK recorded price for a car of this type sold at auction, this rare 1987 AE86 beat the US record price of $40,000 (£29,004*) achieved in March this year. Ordered new from Hallens Toyota in Cambridge, the time-warp survivor, complete with period Nokia phone cradle, Toyota mudflaps and dealer-badged registration plates underlines the continuing demand for original, usable modern classics from the 1980s and 90s.

Originally costing the lady owner £12,500 in 1987, the now 92,000-mile GT was ordered without any factory fit extras, but the generous standard specification meant the owner could enjoy the sunroof, radio-cassette player and alloy wheels. Carefully serviced every year (at a Toyota dealer for the first nine times of its life), it was loved by its first and only owner. So much so, that even when vandals ‘keyed’ the paint in 2006 and it was deemed uneconomic to repair, the car was bought back from the insurers and repaired to an 'as new' standard. She simply couldn't contemplate her beloved car being unjustly sent to the crusher.

Reluctantly selling the car after 34 years, the owner, who kept all the paperwork and even the brochure she was given to choose the Wine Red colour, only decided to sell via Car & Classic’s online auction platform after a recent injury made the non-power steering car less than ideal as a daily.

“We talk a lot about survivor cars, but this is the true definition of one,” says Chris Pollitt, head of editorial at Car & Classic. “So many of these ended up as drift or track cars or just rotting away. Only the true adoration of this ‘86’ prevented the insurance company from obliterating it after incurring paint damage. The frantic bidding in the dying minutes confirmed the demand for a car that is now rightly cast as a legend in its homeland.”

Coinciding with its first anniversary, the record sale was further proof of the success of Car & Classic’s online auction as a place to buy and sell enthusiast-owned vehicles. “Our emphasis will continue to be on focussing on interesting and special cars and motorcycles,” adds Pollitt. “With escrow providing security to buyers and sellers alike and a hammer price that is what you actually pay, we are delighted to have sold over 1,500 cars over the past 12 months.”

*At current exchange rate from USD to GBP at time of writing: 26th July

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Comments (10)

  • Here's hoping the buyer doesn't molest this beauty!! 🙂

      2 months ago
  • Hmm,it isn't even worth half that amount,imo.

      1 month ago
  • Cheaper 2021 models than this thing...Audi TT , Mercedes C series,Qx60, BMW 4 series, Ford Bronco,Mustang,Mach E, Chevy Camaro, Audi A5,Alpha Romeo 4c, Base Corvette, Toyota Mirai, Highlander,Supra Volvo v90 etc,etc,etc....enjoy your old lady Toyota though.

      1 month ago
  • that's a lot but still its beautiful

      1 month ago
  • MAN.. That isn't that bad at all. It's trading above that price here in Indonesia in resto mod condition. Cant imagine what that'll be worth if sold here

      1 month ago