1973 Volkswagen SP2

18 Bids Winner - JD811
1:40 PM, 16 Oct 2024Vehicle sold
Sold for

£31,436

(inc. Buyer’s Premium)
Winner - JD811
consigner image

Fraser's review

Fraser Jackson - Consignment Specialist Message Fraser

“ Perhaps one of only 10 in the UK? ”

Type 3 VW engine power

Background

With a rather punitive taxation and restrictions on imports, Volkswagen do Brasil Ltda. began developing a sportscar based on the VW Type 3 platform for its home market to replace the aging Karmann-Ghia.

Penned in-house by designers Marcio Piancastelli, José Vicente Novita Martins and Jorge Yamashita Oba, the result was stunningly pretty, unlike anything else wearing a VW badge, and would later go on to inspire Porsche's transaxle series of cars.

The low production coupé, in its second-generation form, featured a 'pancake' 1.7-litre air-cooled flat 4 engine at the rear, which it carried over a 4-year production life.

The stylish SP2, criticized for its lack of power and with a water-cooled replacement waiting in the wings, was produced in numbers no greater than 11,000 units.

Just 680 or so were exported, 155 of which somewhat bizarrely went to Nigeria.

Most were exported to other countries in Latin America, the Caribbean, and the Middle East.

Just one officially made it to Europe, having been exported to Portugal.

Some say the ‘SP’ stands for São Paulo, where the cars were built. Others think it stands for ‘Sports Prototype’.

Either way, everyone agrees that these cars are as beautiful and stylish as they are vanishingly rare, and that you’ll be a very long time waiting to find yourself sitting next to another one in the car park at Waitrose.

An SP2 won’t get you anywhere quickly.

But it will get you noticed, talked about, and pointed at wherever you go.

Key Facts

  • Driven 2 Hours To Our HQ
  • Only 2 UK Owners
  • Unbelievably Rare
  • BL005181
  • 9400 kilometres
  • 1700cc
  • manual
  • Yellow
  • Black
  • Left-hand drive
  • Petrol
Vehicle location
Bonhams|Cars Online HQ, United Kingdom

Background

With a rather punitive taxation and restrictions on imports, Volkswagen do Brasil Ltda. began developing a sportscar based on the VW Type 3 platform for its home market to replace the aging Karmann-Ghia.

Penned in-house by designers Marcio Piancastelli, José Vicente Novita Martins and Jorge Yamashita Oba, the result was stunningly pretty, unlike anything else wearing a VW badge, and would later go on to inspire Porsche's transaxle series of cars.

The low production coupé, in its second-generation form, featured a 'pancake' 1.7-litre air-cooled flat 4 engine at the rear, which it carried over a 4-year production life.

The stylish SP2, criticized for its lack of power and with a water-cooled replacement waiting in the wings, was produced in numbers no greater than 11,000 units.

Just 680 or so were exported, 155 of which somewhat bizarrely went to Nigeria.

Most were exported to other countries in Latin America, the Caribbean, and the Middle East.

Just one officially made it to Europe, having been exported to Portugal.

Some say the ‘SP’ stands for São Paulo, where the cars were built. Others think it stands for ‘Sports Prototype’.

Either way, everyone agrees that these cars are as beautiful and stylish as they are vanishingly rare, and that you’ll be a very long time waiting to find yourself sitting next to another one in the car park at Waitrose.

An SP2 won’t get you anywhere quickly.

But it will get you noticed, talked about, and pointed at wherever you go.

Video

Overview

The vendor purchased the car in 2019 and is the car’s second UK owner. The vehicle was imported from Brazil by his predecessor, an importer of VW camper vans, and had, we understand, just two owners in Brazil.

We also believe (from a note found in the glove compartment) that the engine was reconditioned some 7,000 kms before it reached these shores and that it was one of the very first SP2s to roll off the production line in 1973.

The first thing the vendor did was to thoroughly overhaul and check the engine and optimally reset the carbs.

Then Covid put things on hold and he used the time to freshen up the paintwork and fit some racy new wheels (the original steel ones are still available should you wish to have them).

He also lowered the suspension slightly, giving the car the squat, aggressive stance you see today, and fitted a new fuel pump.

We have driven the car and can attest to the fact that it starts, goes and stops as you would hope and expect.

The exhaust barely features any kind of silencing, so the car sounds considerably gruntier than it actually is, which all adds to the impression of a properly sporty vehicle even if the reality is somewhat different.

The vendor has taken the car to various events and also completed a 1,000-mile rally – during which it didn’t miss a beat and behaved perfectly well throughout.

He drove the car down to our Oxfordshire HQ, which is invariably a good sign.

Exterior

The car really does present very well indeed from every angle, and there’s no doubt that the Brazilian design team did a fabulous job.

The bodywork is very straight and true, and there are no dimples, dinks or dents of any real note that we can see anywhere.

The panel gaps and shut-lines are reasonable, although not exactly laser sharp on the doors – we suspect that these cars almost certainly left the factory like that in 1973.

And, if you were in any doubt that this unicorn car might struggle to get enough attention, the bright yellow livery takes care of that.

The paintwork is in exemplary condition everywhere, save for a little scuff on the ‘nose’ of the car above the nearside headlamp cluster and one or two small stone chips here and there.

The wheels are in fine fettle, and the matching 205/45R16 Avon ZV7 tyres look to have plenty of life left in them.

The lights, lenses, badging and other exterior fixtures and fittings all look fine, with the exception of the o/s/r light cluster cover, which is loose and unattached at one end.

Interior

The interior is every bit a match for its exterior counterpart in terms of quality, condition and preservation.

The black VW-embossed seats have no nicks, tears or meaningful signs of wear that we can see.

Ditto the VW SP2-badged black and yellow carpets.

The white headlining is largely very good but it is a little frayed at the edges in a couple of places.

The carpeted rear luggage area is home to a steel spare wheel (with a cover), under which you’ll find a hatch that reveals the SP2’s 1.7-litre air-cooled engine.

The steering wheel, gear lever and other controls, dials and switches look decent. The vendor thinks that everything works, with the exception of the electric mirror controls.

There are a few ripples and creases in the door cards and on top of the dashboard trim, but nothing to worry about, as far as we can tell.

The footwell and dashboard trim adjacent to the passenger door is a little ragged and tired here and there.

The ‘frunk’ is largely filled with the fuel tank, but everything looks clean, dry and, as with the rest of the car, free of any rust that we can see.

Mechanical

The cunningly concealed engine bay is dry and tidy, if not exactly shiny or bright, and the engine certainly sounds healthy and hearty when fired into life.

The cars undersides look very good indeed and appear to be possessed of plenty of structural integrity.

Nothing we’ve seen has given us any cause to shake our heads or tut.

History

The car comes with next to nothing by way of history relating to its life prior to arrival in the UK – and not much thereafter.

Not least because it turned up just in time for Covid and, consequently, hasn’t done much since 2019.

It comes with a V5, plenty of spare keys, and a recent HPI report.

Summary

Everywhere you go in this car people will stop and stare.

You’ll see them soundlessly mouthing something along the lines of “What the **** is that?” as you burble past.

You will spend your days explaining it to people and satisfying their endless curiosity.

You will be the proud owner of one of the rarest, classiest and most eye-catching cars anywhere in Britain or, indeed, Europe and beyond.

We like it a great deal – and we don’t expect to ever see another one.

We are happy to offer this car for auction with an estimate in the range of £30,000 - £35,000.

Viewing is strongly encouraged, and this lot is located at Bonhams|Cars Online HQ. Viewings are STRICTLY BY APPOINTMENT and we are open weekdays between 10am - 12pm or 2pm - 4pm. To make a booking, please use the Contact Seller button at the top of the listing. Feel free to ask any questions or make observations in the comments section below, and read our ‘Frequently Asked Questions’.


About this auction

Seller

Private: Pajo


Viewings Welcome

Viewing is strongly encouraged, and is strictly by appointment. To book one in the diary, please get in contact.

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