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This Ford Sierra Cosworth RS500 has only done 6,000 miles in 30 years but is tipped to sell for £115,000

The 1988 boy-racer, one of just 56 ever made in white, is expected to break the record for the highest price ever paid for a Sierra when it goes on sale next month

CHANCES are, if you were to win the lottery tomorrow, the first car on your wishlist might be an Aston Martin or a Ferrari.

So you may be surprised to hear that the car that collectors are going crazy for at the moment is a Ford.

 This 1988 Ford Cosworth RS500 is tipped to break the record for highest price paid for a Sierra
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This 1988 Ford Cosworth RS500 is tipped to break the record for highest price paid for a SierraCredit: silverstoneauctions.com
 The Sierra, one of just 500 ever made, is expected to pull in a whopping £115,000 at auction
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 The Sierra, one of just 500 ever made, is expected to pull in a whopping £115,000 at auctionCredit: silverstoneauctions.com

In fact, the current popularity of Ford's 1988 Sierra Cosworth RS500 means one such model is expected to rake in an incredible £115,000 when it goes on sale at next month.

The sky-high prediction means the value of this ultimate boy-racer, of which just 500 were ever made, has risen by a mammoth 310 per cent in the past decade alone.

Having first rolled off the production line with a price tag of around £20,000 back in the late eighties, the motor is tipped to break the record for the highest-ever figure paid for a Sierra.

Despite being almost thirty-years-old, the car's mileage is just 6,037 - an average of 208 miles a year - thought to be one of the lowest remaining on a RS500.

 Despite its age, the motor has done just over 6,000 miles
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Despite its age, the motor has done just over 6,000 milesCredit: silverstoneauctions.com
 That puts the 1980s poster car's mileage at an average of 208 miles a year - thought to be one of the lowest remaining
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That puts the 1980s poster car's mileage at an average of 208 miles a year - thought to be one of the lowest remainingCredit: silverstoneauctions.com

This particular model, one of just 56 made in white, has the benefit of being well-preserved and remaining totally original throughout.

The 1980s poster car will go under the hammer at the Silverstone Auctions NEC Classic Motor Show Sale on November 11, having spent the past three years protected in an indoor heated and dehumidified facility.

The collectable was bought for an undisclosed price in 2007 by dealership mogul Joe Macari, who stumbled across it in a Ferrari collection in Germany.

In the same year, Mr Macari flogged the car to a private Ford collector for £28,000 - which would have been considered a hefty price for a Sierra back then.

 The car, bought for around £20,000 originally, has been perfectly preserved over the years
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The car, bought for around £20,000 originally, has been perfectly preserved over the yearsCredit: silverstoneauctions.com

These days, Mr Macari is probably wishing he'd held onto the Fast Ford, which was last serviced by a specialist for £4,000 in 2014.

Earlier this year we told of a similar limited edition 1987 Ford Sierra RS500, which sold for £45,000 more than anticipated at auction.

Predicted to go for £70,000, an unexpected bidding frenzy saw the 1980s family car sell for £115,000 - six times more than the figure paid by its original owner.

 The motor was last serviced for £4,000 by a specialist in 2014
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The motor was last serviced for £4,000 by a specialist in 2014Credit: silverstoneauctions.com