Online auction: Want to own vintage, classic cars? Bidding price starts at Re 1

Are you one of those car enthusiasts who want to own vintage and classic cars? If the answer is yes, an online auction is happening for vintage and classic car fans like you, and the bidding price starts at Re 1.

Venturing into the online auctioning of Vintage and Classic cars in the country, Big Boy Toyz is conducting an online auction for vintage and classic cars. The e-auction is live from December 19, 2021, and has given access to anyone across the globe to participate.

The auction started with the iconic Volkswagen Beetle 1960, for which the bidding started from INR 1. The Beetle will be offered without reserve and will be sold at the final bid price.

As per a statement by the company, Big Boy Toyz, all the vintage cars auctioned by BBT will be evaluated by experts and information on them will be available on the website. 

The auction result will be announced on 8th January 2022 from 3 pm onwards. 

Bidders can visit the BBT Headquarters in Gurgaon to check out the collection before bidding, or experience a 360-degree view of the cars on the website which will enable them to have a first-hand digital experience of the vehicle. BBT has also organised a dedicated helpline to assist bidders and provide information, says the statement.

Moreover, to ensure a smooth auction process, Bidders will only be able to participate in the auction by selecting a premium plan, as BBT.

Enthusiasts Plan: INR 1 lac deposit - You are eligible to bid for 2 cars, each car shall have an estimated value up to 50 lacs

Connoisseur Plan: INR 2 Lacs deposit - bidders are eligible to bid for 4 cars with no upper limit on the car values

Commenting on the e-auction of the vintage and classic cars, Jatin Ahuja, Founder & CEO, Big Boy Toyz quips, "These vintage cars will be available for bidding on our website changing the way the industry transacts. These cars are being brought from different parts of the country and people from across the globe can bid on them. Vintage cars are bought for their design driving experience, history, legacy, and the sentiments attached to them. Various collectors have owned these rare pieces of art and have passed them on from generation to generation. We are looking forward to new passionate collectors entering the market and bidding for these exquisite and rare motor cars. We are aiming to make this e-auction of Vintage and Classic Cars a 100 Cr vertical for our organization.”