1960s super mini Peel P50 car with top speed of 38mph sold at auction for £111,000

THIS 1960s microcar – running 100 miles per gallon with a top speed of 38mph – has sold at auction for £111,000.

The Peel P50 micro-engine has only room for the driver and has no reverse gear, so you have to get out and pull it backwards.

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This red model from 1963 is believed to be the earliest of its kind and possibly a prototype.

Car and Classics online auction houses say it was taken up to Blackpool Tower in 1963 in an elevator and driven like a stunt.

A spokesperson for the “niche car website” said the model was the subject of a “quick bid” battle.

The spokesperson added: “Its compact and luxurious appearance makes it an outstanding choice as a city car.

“Partly because of its flashy history and completely unique features and its rarity as a model, Peel was the subject of rapid bids until it won £111,000.”

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