A rare 1992 Ford Escort RS Cosworth, with just 2,200 miles on the clock, has recently sold for an astonishing £200,000 at auction, setting a new world record. The car, which has been cherished in a private collection for the last 30 years, was part of a frenzied bidding war that saw its price soar to almost double its original cost, says This Money.
The Rarity and Appeal
Developed by Ford’s Special Vehicle Operations division, the Escort RS Cosworth was a homologation special, built to meet the requirements for rallying. With only 7,145 examples produced between 1992 and 1996, it has become a highly sought-after collector’s item.
Its rally heritage, distinctive “Whale Tail” rear spoiler, and impressive performance have cemented its status as a collector’s item. The low mileage of many surviving examples, like the recent record-setting car with just 2,200 miles, along with its pristine condition, adds to its desirability and its record-breaking price.
The Auction
The auction, held by Iconic Auctioneers at the NEC in Birmingham, saw two collectors go head-to-head for the keys to this iconic car. The winning bid of £202,500 surpassed the previous record by almost £40,000. The car’s first two MOT certificates from 1995 and 1996 confirmed its mileage of just 2,221 miles, making it a true time capsule.
The car, which had been kept in a private collection for 30 years, fetched almost double its original price due to its pristine condition and low mileage. The previous auction record for an Escort RS Cosworth was £163,125, set last year, according to This Money.
Conclusion
The sale of this 1992 Ford Escort RS Cosworth highlights the growing interest in classic cars and the lengths collectors will go to secure these rare gems. With its combination of rally heritage and low mileage, this Escort Cosworth is a testament to the enduring appeal of classic Fords.
What do you think about this record-breaking sale?
