Fine Automobiles & Alternative Investments

1958 Peerless GT

Chassis Number 00018 

Click Images To Enlarge

 

Peerless Cars Ltd. was in business from 1957-1960. In this short amount of time they accomplished many things, won their class at LeMans, produced approximately 300 cars, and most certainly achieved milestones in GT car engineering. The car on offer through LBI is a 1958 Peerless GT, chassis # 00018, as featured in the most recent October issue of Hemmings Sports and Exotics.
The 18th car produced of 250 2 Liter GT's, it left the factory as a BRG over Grey example and stayed in England for the first 13 years of its life, then owned by William Smith of Tuckway Cottage in Blackburn. Shortly after, in the mid 1970's, it made its way to the states, then imported and purchased by Bo Dannenberger. Here the car remained until 2007 when it's estimated third owner, Dan Rose, purchased the Peerless with much work in mind. Today the car is finished in its original colors and does show one light respray that was completed a very long time ago. The car gives off an essence of originality and patina that so many seek in a preservation class automobile.  However, this example has received a very thorough mechanical sorting that equates to a very tasteful combination of preservation and usability.
 
Cosmetically this car should not be touched, as many efforts have been put forth to preserve it as you see it.  Cracks in the paint, a chip here, a flaw there all make for a car with character beyond most. We believe this to be the most original example in existence, cosmetically. The interior is of the same quality, "just south of Patina" as quoted by Dan Rose, it shows well as an original and is still very usable and functional. The undercarriage shows a few spots in the chassis that have been tended to with metal replacement to ensure this car is up to date and totally rust free. The work was completed by Mark Macy and was completed to a very high standard.  All instruments work correctly with no flaws, windows all the way around are clean and go up and down as expected. The front and rear window seals have been replaced to provide reliability to their function. Overall this is a car that has always been well kept and driven off an on over the years. It has arrived at its current cosmetic condition after years of storage, but also enjoyment.
 
Mechanically this car strives in offering a reliable performance based experience that really compliments the original qualities, it is very usable. From the radiator to the DeDion rear end, the entire car has been completely gone over by Triumph Specialist Mark Macy in Ohio. Brakes, suspension, all driveline components including engine, transmission etc... have all been taken apart inspected, rebuilt as needed, and photo documented.  From this we have noticed it to be a mechanically superb example that holds 60 pounds of oil pressure, runs cool, and has an overdrive that works flawlessly. Finished off with a set of Black Dayton's wrapped in new Vredestein Tires.
 
Overall this car offers an exceptional opportunity to acquire a car that is long forgotten and very important to the history of the GT car. Combining originality with modern function, this 58' Peerless is a car of pedigree that will make an excellent addition to any collection or will please its new care taker for years to come.
 
Included in the sale is a fitted car cover, spare, hammer, a lot of documentation, and two keys.

 

Payment Policy

  • Paypal Prefered Deposit, Cash, Certified/Cashiers/Bank Check accepted as well as wire trasnfer.
  • Winning bidder is responsible for $500 non-refundable deposit within 48 hours
  • Balance due at pick up or prior
  • Full Payment must be recieved within 7 business days.  If payment is made by cashier's we will hold all titles for 10 days or until funds have cleared.

Taxes and Fees: "Buyer" is responsible not only for knowing their own states' laws regarding taxes and fees, but also remitting the proper taxes, fees, and documents for their state. All taxes and fees must be paid in full in order for the vehicle to be titled and registered.

Shipping Policy

Shipping and Delivery: All shipping charges are the "Buyer's" responsibility. We will help with shipping arrangements but will not be responsible in any way for claims arising from shipping damage! Licensed "Carriers" are generally insured for $3,000,000.00. We assume no responsibility for damages incurred after the vehicle leaves our showroom. All shipping arrangements provided by us are strictly a courtesy. We are not affiliated with any carrier. Any claims or other communication regarding shipment of vehicles will be between you and the "Carrier" and not with us. The amount of time it takes for delivery depends upon the "Carrier" selected. A typical experience is 7-14 days from the date the vehicle is picked up from our facility until it is delivered to your destination. Verify with the "Carrier" for an Estimated Time of Arrival to be sure.  Again, we are happy to get you a quote and work with you for shipping but are not responsible for any costs or damages related to shipping.

Terms & Conditions

Luxury Brokers Internatioanl Ltd reserves the right to obtain and verify the registered information of all users who bid on this auction, cancel any and all bids at our discretion, or end the auction early if necessary.

Questions: Please feel free to contact us directly at any time with any questions you may have.

Odometer Readings: Due to demo test drives and mechanical inspections, the mileage of the vehicle represented might be slightly different than the mileage stated when the vehicle was first listed on eBay. Some vehicles are consignments and are driven from time to time by the current owner, this may also reflect on the mileage.

Bidding: Your bid constitutes a legally binding contract to purchase this vehicle. Please do not bid if you're not seriously interested or financially able to purchase this vehicle. Please read eBay's "User Agreement".

Bid Retraction: Please read eBay's "Retracting a Bid". If you place a bid before the last 12-hour period of the auction, you may retract the bid before the last 12-hour period only for exceptional circumstances. You will not be allowed to retract that bid during the last 12-hour period of the auction. If you place a bid during the last 12-hour period of the auction, you will be allowed to retract the bid for exceptional circumstances only if you do so within one hour after placing the bid.

Funds & Financing: For help in arranging financing , LBI will be glad to explore different options for you.

Buyer's Inspection: We do our best to disclose all information known about this vehicle for auction. We welcome a Buyer's Inspection. If you plan to have a Buyer's Inspection, please make sure you have the vehicle inspected prior to the end of the auction. Inspection fees, if any, are the "Buyer's" sole responsibility.

Warranties: Unless stated otherwise, this vehicle is being sold "as is". Manufacturer's warranties may still apply. An extended warranty may also be available. Please contact us for details. No representations or warranties are made by the "Seller", nor are any representations or warranties relied upon by "Bidders" in making bids.

Title Information: Vehicle titles may be held by banks or lenders as collateral for loans. In many cases there is a delay in receiving the original instruments of up to 21 days from the time we pay a vehicle off. While we usually have all titles in our possession at closing, there are occasions where we may be waiting for them to arrive.

Finalizing Your Purchase: Winning bidder MUST communicate with us by e-mail or phone within 24 hours of the end of the auction to make arrangements to complete the transaction. If we cannot confirm your intention to buy or the sale is not completed within 5 days, we reserve the right to re-list this vehicle or sell to any other qualified buyer. Before the vehicle is released for shipment to the "Buyer", all sale-related and title-related paperwork must be signed and returned completed to the "Seller".

About Us

 

Luxury Brokers International Ltd.

Fine Automobiles & Alternative Investments

 

LBI is a new concept in the world of luxury acquisitions and alternative investing.  We pride ourselves in providing a service to those enthusiasts and accomplished individuals alike in being the ultimate buyers advocate. From start to finish we can procure an exceptional and investable sale whether you are buying or selling and always apply our in-depth knowledge base of the market, its condition, and a prospective outlook on that investments future.  From fine automobiles to fine art, we understand everything from the inner workings of a classic, sports, or exotic car of any vintage; the market in which it resides as well as the thoroughness of investigation and ability it takes to purchase a peice of fine art. 

If you are in the market, but pressed for the time to complete a transaction, LBI invites you to consider its services and explore what it can do for your alternative investing future.

Making decisions work smarter, it's what we do.

Best Regards,

  Luxury Brokers International Ltd.