After RM Sotheby’s selling two Peel P50’s for more than GBP 100,000, now Historics at Brooklands wants to give it a go with this 1965 P50.
Microcars or midget cars have always been appealing to classic car enthusiasts. As early as in the 1970’s, people were already collecting Isetta’s, Messerschmitts and Frisky’s, to name just a few. Microcars are quirky, odd shaped, unsafe and uncomfortable, but above all, they are extremely adorable and cuddly.
That is why prices for the midgetcars continue to be high. The highest prices are being paid for the smallest of small cars, the Peel P50.
This car is so tiny that it is officially the smallest production car ever made, and even a Goggomobil looks like a limousine when parked next to this.
The highest prices are being paid for the smallest of small cars, the Peel P50. This car is so tiny that it is officially the smallest production car ever made, and even a Goggomobil looks like a limousine when parked next to this.
The Peel was built by the Peel Engineering Company on the British Isle of Man during from 1962 to 1965. The tiny car was just 1.32 meters long and had a 50 cc two-stroke engine to propel it to a top speed of 38 mph.
It had no reverse gear, instead, there was a handle mounted on the back. The driver could simply pick his car up and pull it back or turn it around.
In 1965, Peel ended production of the P50 and started building the Peel Trident, a similarly minuscule motorcar, but this one had a plexiglass dome for a roof. All in all, less than 100 P50’s were built and around 50 Tridents.
But later in life, both Peel-models gained iconic status, which culminated in journalist Jeremy Clarkson driving a P50 through the BBC-building in London for the BBC tv-programme Top Gear. He even took it in the elevator.
Peels now are much sought after and auction house Historics at Brooklands expects this example to fetch a princely sum of around GBP 85,000 to 95,000, which equals around EUR 100,000 of USD 120,000.
That is a modest estimate if you consider that last year a red 1964 P50 – in immaculate condition of course – was sold by RM Sotheby’s in their Amelia Island sale for – take a deep breath now… – USD 176,000.
The same auction house sold another 1964 P50 last August for USD 140,250. A bit lower than the one before, but this one was white…
Historics at Brooklands will sell this little car on September 23 at the Brooklands Motor Museum.
If you want this car but can’t afford it, the next best thing is to buy a modern copy of the Peel. You can buy them complete for around GBP 10,000, you can even order it with electric drive. If you’re a diehard, you can even buy it as a kit and assemble it in your own home.