The Douglas stand at the 1931 Olympia Show displayed a largely unchanged range of models from the previous year, including the lightweight 500cc machine which enjoyed the advantage of qualifying for the 30s. per annum tax concession and the 750cc side valve model was redesignated the H32 for the forthcoming season. By this time Douglas were suffering serious financial constraints in an economy still recovering from recession and for the 1932 season all prices were reduced in an effort to remain competitive against the likes of Triumph and BSA, and also in an effort to clear existing stocks to provide liquidity. Two new models were introduced for the 1932 season, the 500cc M32 and the 350cc Model K32. Both of these new models featured ‘over square’ engines with enclosed pushrods and high-mounted carburettors. In both cases the engine combustion chambers were immediately above the valves. The Model K was essentially a touring bike with sporting pedigree reflected in its performance and, in full touring trim, a top speed in excess of 70mph was achievable.

This example is offered for restoration. It is substantially complete but sold as viewed. It is equipped with Douglas’s own three-speed gearbox and comes with a BTH magneto. It also comes with spare barrels, cylinder heads, pistons and crankshaft and is offered with front and rear lamps (not illustrated). One of the rarest of all Douglas models this Model K32 is offered as a worthy restoration project.