Opel Rekord Olympia P1
Adam Opel AG, model 1956
Portuguese documents
Vehicle identification number: R-56_LZ-302587
Engine number readet: 1,5L56-67558
1.5 liter engine with 45 hp
Manual transmission
Mileage displayed in kilometers: 94.875 km
Color: beige, interior: beige/blue
Optional features: Matching Numbers, historical vehicle documents in original, historic Portuguese car pass
Partly restored

Condition report linked in detailed description
Special conditions: 20% buyer's premium plus VAT
All-risk insurance conditions Belmot: see detailed description
Collection and storage conditions: see detailed description
Estimate by Auctionata Expert: 10,000 - 12,000 Euro

This Opel Rekord P1 Olympia was first delivered to Lisbon to a dealer for agricultural machinery. Until 2004 the car was exhibited as a symbol of the success in the exhibition hall of agricultural machinery trade. In 2004 an Opel fan acquired the vehicle and restored it - however no new parts were used because of the good care condition. This car is concerned as an absolutely original P1 including Matching Numbers. The historic vehicle document is available in original. This Opel also has a Portuguese historic car pass for antique cars.

Adam Opel AG
In 1862 the history of Opel starts with a trained locksmith named Adam Opel. The latter establish in 1899 at a courtyard a workshop, building sewing machines, bicycles and cars. The lightning in the emblem was at that time a Zeppelin - sign of technical progress. In the 150-year history, the symbol of Adam Opel AG changed frequently. The today's 'lightning' existed since 1964. It was developed from the Zeppelin and in the meantime several times modified - sometimes framed by a square or provided with the Opel lettering. In principle, however, it still preserved until today.

This car is insured through Auctionata AG and its insurance partner BELMOT for up to six weeks after the auction with a convenient all risks insurance that covers cases such as engine and/or transmission failure or accidental damages. This specific insurance cover is valid for Germany, Austria and Switzerland and may be continued by the buyer after the insurance period has expired at special conditions. The BELMOT all risks insurance excludes: a) indirect and direct damages due to the normal aging process (especially rust, corrosion, oxidation) or natural wear and tear, i. e. due to a natural wear during the drive mode, on car parts which have to be replaced repeatedly during the lifetime of the vehicle; b) indirect and direct damages based on thermal problems, especially due to high temperatures, insufficient cooling while driving or overheating.

The vehicle has to be paid and collected within 3 business days after the auction. The collection may be made via collection by the costumer or via collection by a transport company. A timely collection can also made via a commissioning of Auctionata to a fee-based transport (flat shipping rate). If the time period lapses without a result, the buyer has to pay storage costs in the amount of 25, - € per day.

General notification: According to A. 1.2 in our general terms and conditions cars auctioned by Auctionata are goods on consignment which Auctionata has been provided with by consignors. Auctionata does not assume liability for hidden defects that have not been ascertained in the course of assessment. This liability exclusion is not effective in case of gross negligence and intention on the part of Auctionata.

BELMOT overview of services

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by Auctionata Paddle8 AG
August 31, 2015 6:00 PM CEST
Havelstudios
Havelchaussee 161
Berlin, Germany 14055

Auctionata Paddle8 AG

You agree to pay a buyer’s premium, as outlined below, and any applicable taxes and shipping.
Buyer's Premium
€0 - €1,000,000:
28.00%
€1,000,001 - €2,000,000:
23.00%
€2,000,001+:
18.00%

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Bid Increments
From: To: Increments:
€0 €19 €1
€20 €39 €2
€40 €99 €5
€100 €199 €10
€200 €399 €20
€400 €999 €50
€1,000 €1,999 €100
€2,000 €3,999 €200
€4,000 €9,999 €500
€10,000 €19,999 €1,000
€20,000 €39,999 €2,000
€40,000 €99,999 €5,000
€100,000 €199,999 €10,000
€200,000 €399,999 €20,000
€400,000 €999,999 €50,000
€1,000,000 €1,999,999 €100,000
€2,000,000 €3,999,999 €200,000
€4,000,000 + €500,000