Wheeler Dealers has missed out on £500,000 in profit

Lamborghini Urraco

“Hold out your hand, you’ve got yourself a deal.” But maybe Mike Brewer shouldn’t have been so quick to shake hands, as figures from Stratstone reveal that Wheeler Dealers may have missed out on half a million pounds in profit.

In the television series, Mike buys a tired classic then instructs an able mechanic – initially Edd China, but more recently Ant Anstead – to improve the car with the aim of selling it for a profit. On average, the show makes £1,491 per car, but Stratstone says the cars would be worth significantly more in today’s booming classic car market.

The team at Stratstone analysed every show up to the end of series ten and identified how much each car would be worth today. By holding on to all 86 cars, the show would have been £500,000 better off. Ouch.

Fezza is a nice little earner

Ferrari Dino 308 GT4

Mike might be crying into his corn flakes when he finds out the Ferrari Dino 308 GT4 from series six would be worth 361 percent more than the £13,000 he sold it for. Back then, a good 308 GT4 was available for the price of a Ford Mondeo. Sadly, those days are long gone.

In 2009, when series six first aired, Mike bought the Ferrari for £3,750, before spending £11,880 on the restoration job. It sold for £13,000, earning the team a £1,120 profit. Today, that same car would be worth £60,000.

The 308 GT4 is not the only car to leave Mike with bruised shins following a spell of kicking himself. Stratstone has identified the top ten cars from Wheeler Dealers based on what they would be worth now.

CarBought forSold forAverage value today
1975 Ferrari Dino 308 GT4£3,750£13,000£60,000
1972 Lamborghini Urraco P250S£21,380£35,000£55,995
1964 Corvette Sting Ray C2£18,100£45,500£49,500
1970 Fiat Dino Coupe 2400£12,500£15,500£48,500
1973 Jaguar E-Type V12£13,250£18,500£42,000
1976 Porsche 911 2.7S Targa£5,000£8,450£35,500
1982 DeLorean DMC-12£9,650£20,500£35,000
1957 Chevrolet Bel Air 210£4,000£16,000£33,500
1973 Jensen Interceptor£5,000£6,500£30,500
1989 Lancia Delta HF Integrale 16v£2,300£3,800£23,750

Mike Brewer reveals all about new Wheeler Dealers

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