View Full Version : Corse I for Auction
ProtoTipo
14-04-2015, 23:43
At Morris Leslie, here:
http://www6.amstock.co.uk/morrisleslie/SaleStock.aspx?Sale=1747CAR
This one:
http://www.stratosec.com/Forum/showthread.php/3039-Pirelli-car-on-transporter-near-Edinburgh-Anyone-here
State's "Liquidation Entry"..... someone's had some bad luck then ?
£8,000 / £10,000.......... it will be interesting to see what it make's
Strat Fan
15-04-2015, 08:47
I've only ever seen one picture of this car up until now. It looks like the builder has spent a good bit of time & effort to get it to where it is in these pictures.
Given the price Tim got for his car it looks like auction is not the place to be selling these cars. I appreciate that in this case there may have been no choice in the matter.
I've only ever seen one picture of this car up until now. It looks like the builder has spent a good bit of time & effort to get it to where it is in these pictures.
Given the price Tim got for his car it looks like auction is not the place to be selling these cars. I appreciate that in this case there may have been no choice in the matter.
Nice Avatar !
Guy Mayers
15-04-2015, 09:54
Ditto.
Next replica in the pipeline?
Guy
catswhiskers
15-04-2015, 10:50
That is definitely Stuart's car from Coldstream. Or it was. Wonder what the circumstances are?
Mick
ProtoTipo
15-04-2015, 11:18
Given the price Tim got for his car it looks like auction is not the place to be selling these cars.
Craig,
Do you mean Tim's sold for a better price, because it wasn't sold at auction, or was Tim's auctioned too?
I was thinking Tim's would be the barometer for what this might make, but without actually knowing what it sold for?
I know what Tim was asking... but?
ProtoTipo
15-04-2015, 11:21
I think the car would look better on a set of LB Corse coffin spokes, painted red?
Maybe something to consider for whoever buys it?
Definitely Chris.
Shame if Stuart has had to part with this.
He had quite a collection of Italian style in his garage.
An immaculate Integrale and an MV Augusta too!
Ditto.
Next replica in the pipeline?
Guy............................................................. watch this space !?..............LOL
I think the car would look better on a set of LB Corse coffin spokes, painted red?
Maybe something to consider for whoever buys it?
Definitely
Strat Fan
15-04-2015, 12:39
Craig,
Do you mean Tim's sold for a better price, because it wasn't sold at auction, or was Tim's auctioned too?
I was thinking Tim's would be the barometer for what this might make, but without actually knowing what it sold for?
I know what Tim was asking... but?
Tim's was sold privately, so yes I think that the auction route is not the best place for a seller to be looking (I can't remember what the "Sony car" went for in the end?). carandclassic.co.uk would be my first port of call for selling, I think that Richard Craigs car sold through that site quickly, Tims car was also on there I believe but I do not know if the sale came through there, pistonheads or eBay.
Strat Fan
15-04-2015, 12:53
I think the car would look better on a set of LB Corse coffin spokes, painted red?
Maybe something to consider for whoever buys it?
Obviously it is politically incorrect of me to pass comment but when Tim visited me with his car prior to it being sold I did offer up a couple of gold wheels to the car & the difference it made over those Comp 5 spokes was immeasureable.
I have to say though as a Corse wheels go I much prefer the 6 spokes on this car over the Compomotive & Revolution 5 spokes that others have fitted in the past. The full competition livery may help in this case.
ProtoTipo
16-04-2015, 09:02
(I can't remember what the "Sony car" went for in the end?).
'Hammer on the 'Sony' car was £21,280:
http://www.historics.co.uk/buying/auctions/2012-11-24/car/lancia-stratos.aspx
Strat Fan
16-04-2015, 09:39
'Hammer on the 'Sony' car was £21,280:
http://www.historics.co.uk/buying/auctions/2012-11-24/car/lancia-stratos.aspx
That's pretty good to be fair & would have left a bit of margin for coffin spoke wheels & a few other minor bits to turn it into a really well presented car.
I'm sure the interior trim isn't to everyone's taste but it looks very well executed.
FiveHundred
14-05-2015, 15:07
Understand this is a sale on bankruptcy or administration. Car apparently has no MoT and no other paperwork at all - the purchaser would have to apply to DVLA for registration, or a registration document, V5. (However, it is showing UK 'H' plates to front and rear, so would assume it's already registered with them?)
FiveHundred
16-05-2015, 11:18
Or would it have to go thro' whole SVA procedure all over again…….? (Anyone know?)
ProtoTipo
16-05-2015, 12:32
Or would it have to go thro' whole SVA procedure all over again…….? (Anyone know?)
Owners of cars that successfully passed an SVA test were not officially issued with anything on paper to support the pass.
Some owners did ask for a photo copy to keep at the time of the test pass, some didn't.
For example, I bought a car that had successfully passed SVA, but had no paperwork to show this, other than a photo copy supporting the application for the (post SVA pass) issued registration number.
According to a report in the Stratos Enthusiasts Club Newsletter Issue 70, the Pirelli Corse I that is to be auctioned soon, successfully passed an SVA test before the autumn of 2006.
So leaving the V5C to one side, and regarding the SVA test pass on it's own, the lack of paperwork ought not to be a problem. The lack of a V5C is a bit scary though.
I find it hard to believe that a car would be auctioned without any paperwork. I mean, who would be the legal owner after the sale?
Please don't quote me on any of the above. I'm just trying to throw some light on it, if any, and because nobody else is.
Here's the info from newsletter issue 70:
Guy Mayers
16-05-2015, 16:37
The V5c isn't proof of ownership Chris, merely who is liable to tax the car I think. Having bought through a reputable auction I doubt that there would be any legal basis to dispute ownership, merely a target for litigation if sold wrongly. Copy V5c's can be applied for from the DVLA I think.
Guy (head above the parapet waiting for the incoming....)
Guy,
you are quite right, missing V5C's are quite a common issue, as the new owner without the document, you apply to the DVLA for the V5C, the DVLA then notify the last registered keeper (at the address on the V5C) and wait 21 days for a reply, if no reply is received disputing the application, then new V5C is sent to the applicant
FiveHundred
16-05-2015, 23:57
Interesting to see cutting above and hear your expert views on this sad-sounding case, gents - thanks!
Though taking Guy's wise point about any buyer ending-up "a target for litigation if sold wrongly" must leave you wondering about the background to its original seizure. How litigation best defended, in cases like these…..
Guy Mayers
17-05-2015, 10:03
I didn't mean that the buyer would be a target for litigation, any solicitor would advise against that. The target for litigation would be the person responsible for consigning the car to auction and possibly the auction house too. And, had any litigation been issued, the car would have been pulled from the auction already. I don't see any problems for anyone wanting to bud/buy this car. Other than the need for some of Craig's coffin spoke wheels.
Guy
Look at the date on Marks original post on seeing this car on suspended tow.
Auction house have had plenty of time to apply for a V5 if they didn't get one with the car.
ChrisCar6
17-05-2015, 14:19
Local gossip is that they weren't paying their sub-contractors, so likely to have gone bust.
Am thinking of bidding, estimate looks a little on the low side.
Unable to view car but seems to be well built, any comments would be welcome.
ChrisCar6
18-05-2015, 23:19
I haven't seen the car for more than 6 years, but as far as I remember it looked very well done.
John is probably best placed to comment.
You can ask me there......
marcoos_1
19-05-2015, 12:50
you going up John......might see you there then...;)
taking a strat?
I'm tempted to take Frederics car to put some miles on it but it's leaking oil from a cam seal so maybe not.
Yes certainly hoping to be there.
You Stratos mounted Mark?
marcoos_1
19-05-2015, 14:48
Yes, I reckon so. Good excuse for a run....
although I might be taking the trailer if I'm feeling lucky!!!
Stratie.fr
19-05-2015, 16:36
I'm tempted to take Frederics car to put some miles on it but it's leaking oil from a cam seal so maybe not.
Yes certainly hoping to be there.
You Stratos mounted Mark?
A long way to Scotland but that would be a great trip with our Corse and very funny to come back with another one auctionned!
Maybe two Corse in workshop soon a Nice Pirelli and a Alitalia or Zenith white one?!!
Re the V5, if you download the catalogue it is shown as present. Will check with auctioneers.
FiveHundred
22-05-2015, 15:42
I'm tempted to take Frederics car to put some miles on it but it's leaking oil from a cam seal so maybe not.
Yes certainly hoping to be there.
You Stratos mounted Mark?
is it worth taking a solicitor along, too, just for luck…….??? :)
Luck doesn't come into it.
£'ss do!
Taken from Morris Leslie Terms and Conditions just in case anyone has any doubts:
9. CONFIRMATION OF OWNERSHIP
The vendor warrants to the Auctioneers and to the Purchaser:-
9.1 That he is the true owner of the Lot or is properly authorised to sell the Lot by the true owner.
9.2 Is able to transfer a good and marketable title to the lot free from any third party claims liens and encumbrances and that all entries on the entry form
are correct.
9.3 That no Lot is subject to any hire purchase, lease, contract hire agreement or any other finance agreement or contract.
9.4 That the auctioneers have been notified in writing if any Lot has been the subject of an Insurance Total Loss Claim. The Auctioneers have no
responsibility otherwise to disclose any information appertaining to whether the lot submitted has been the subject of any Insurance Total Loss Claim.
FiveHundred
22-05-2015, 20:52
Taken from Morris Leslie Terms and Conditions just in case anyone has any doubts:
9. CONFIRMATION OF OWNERSHIP
The vendor warrants to the Auctioneers and to the Purchaser:-
9.1 That he is the true owner of the Lot or is properly authorised to sell the Lot by the true owner.
9.2 Is able to transfer a good and marketable title to the lot free from any third party claims liens and encumbrances and that all entries on the entry form
are correct.
9.3 That no Lot is subject to any hire purchase, lease, contract hire agreement or any other finance agreement or contract.
9.4 That the auctioneers have been notified in writing if any Lot has been the subject of an Insurance Total Loss Claim. The Auctioneers have no
responsibility otherwise to disclose any information appertaining to whether the lot submitted has been the subject of any Insurance Total Loss Claim.
That's useful.
So if any of the above promises are breached, presume it means the eventual purchaser is obliged go to law, to sue (in a Scottish court) the original vendor, not the auction house? So what if (for instance) let's say that vendor was a 'man of straw' - i.e. he's 'bust' and couldn't pay the purchasers costs & damages anyway? Where would that leave a disappointed purchaser?
Guy, what's your wise advice to people on here reading the above? (Appreciated as always!)
Guy Mayers
22-05-2015, 20:59
Please remember that I'm not legally qualified so don't rely on it!
However, it does sound like the auctioneer has written get out clauses into the contract but I'd suggest that the car has been consigned by a receiver who would be liable if he consigned something to auction that he wasn't legally entitle to consign...
Anyhooo.... I guess there's going to be a bidding war tomorrow?
Good luck to all!
Guy
ProtoTipo
23-05-2015, 22:06
The Corse Stratos seems to have gone from the auction list??
'Was LOT 618.
Well folks, I just got back from a 585 mile round trip to the excitement of a Scottish Classic Auction.
Stuarts car looked very well and attracted a great deal of interest and ultimately went for a lot of money.
Hammer went down at £19,000 meaning the buyer will actually pay, by my calculation, £20,140.
That is a fair result at auction and should tell us we have valuable and sought after cars.
The auctioneer (wearing it has to be said, the nattiest headgear I've ever seen on a rostrum) started off at £12000 and in the blink of an eye it was up to £16000 with a flurry of bids from the floor and online.
I never even raised me card!
Nor did I a few lots later on the 911 my mate was interested in.
Ironic really as the rest of the lots, bar these two, struggled to make their guide prices in general and many bids were marked down as provisional.
Sad that someone loses their car in this way but goes to show that if you need to raise cash at some point then we have valuable assets in our garage.
Good luck to the new owner. Not a face I recognized but maybe someone from here or someone who will be along soon?
ProtoTipo
23-05-2015, 22:28
Hammer went down at £19,000 meaning the buyer will actually pay, by my calculation, £20,140.
That is a fair result at auction and should tell us we have valuable and sought after cars.
Good luck to the new owner. Not a face I recognized but maybe someone from here or someone who will be along soon?
'Might be a dealer John?
I think it's a fair price too, and very similar to what the yellow Hawk made a while ago.
ProtoTipo
24-05-2015, 08:51
Hammer went down at £19,000 meaning the buyer will actually pay, by my calculation, £20,140.
That is a fair result at auction and should tell us we have valuable and sought after cars.
Remember the proceeds for the seller in this case would only be £17,860.
Oh yes Chris. I'm saying its a measure of what people will pay, not advocating it as a good way to sell.
ProtoTipo
24-05-2015, 10:08
Oh yes Chris. I'm saying its a measure of what people will pay, not advocating it as a good way to sell.
No, it's always going to be the least favourable way to sell, with that in mind, I still agree with you that it is a fair price.
Being properly registered would count for lot, or it should have done.
Anyhow, 'good to see an 'acid test'?
Quite a pleasurable day out anyway!
Stratie.fr
24-05-2015, 12:12
Well folks, I just got back from a 585 mile round trip to the excitement of a Scottish Classic Auction.
Stuarts car looked very well and attracted a great deal of interest and ultimately went for a lot of money.
Hammer went down at £19,000 meaning the buyer will actually pay, by my calculation, £20,140.
That is a fair result at auction and should tell us we have valuable and sought after cars.
The auctioneer (wearing it has to be said, the nattiest headgear I've ever seen on a rostrum) started off at £12000 and in the blink of an eye it was up to £16000 with a flurry of bids from the floor and online.
I never even raised me card!
Nor did I a few lots later on the 911 my mate was interested in.
Ironic really as the rest of the lots, bar these two, struggled to make their guide prices in general and many bids were marked down as provisional.
Sad that someone loses their car in this way but goes to show that if you need to raise cash at some point then we have valuable assets in our garage.
Good luck to the new owner. Not a face I recognized but maybe someone from here or someone who will be along soon?
For sure it´s a good price for a nice car registered and ready to drive
A good bargain for the new owner who surely will enjoy with the Stuarts car!
Oh! I forgot to add, but can't resist doing so now, that no-one had legal representation with them to ensure good title to their purchases!!!
Stratie.fr
24-05-2015, 14:48
Oh! I forgot to add, but can't resist doing so now, that no-one had legal representation with them to ensure good title to their purchases!!!
What it means that the new owner could have some trouble for registering the car John?
No, Frederic. No problem at all.
Looks good
https://www.youtube.com/watch?v=pllx_UZX4Zk (https://www.youtube.com/watch?v=pllx_UZX4Zk)
It did look good Phil. Livery was all paint.
It was a good build by Stuart, pretty basic in that it was just the Napiersport kit bolted together. Not much else. It it still looked pretty much as new. Not done many miles of course. Less than 3k since registered it looked like. Toyo tyres looked like the original ones.
Had to grin at the efforts of one interested party who was wrestling the doors up and down at every opportunity so as to emphasise how flimsy they were to anyone else looking!
"one interested party who was wrestling the doors up and down"
CHOP HIS BLOODY FINGERS OFF !!!!.................. IF ITS THE NEW OWNER WELCOME TO OUR SITE !
It definitely wasn't the new owner!
Guy Mayers
27-05-2015, 19:39
It definitely wasn't the new owner!
Something to tell us John?
ChrisCar6
27-05-2015, 20:47
Quite a pleasurable day out anyway!
Meaning......
NO! God no, not me.
I was interested but I'm not that desperate for another one above the LB kit.
I would have bought it at a lower price, and especially to stop some door bending oik get his hands on it, but at the price it fetched I'm pretty sure it was going to somebody who wanted it.
It was an enjoyable day for all sorts of reasons!
"It was an enjoyable day for all sorts of reasons! "
You must have took the wife then for a second honeymoon ??????????..................................................... OK maybe not !... LOL
She was invited. And promised a night out in Perth or Stirling, but nooooh.
I know how to treat a lady.....
Guy Mayers
28-05-2015, 18:49
Anyone know what the Beta went for?
Up for sale now on eBay, bet there's a slight markup!
http://www.ebay.co.uk/itm/1983-Lancia-BETA-COUPE-ROAD-RACE-RALLY-SPEC-MUST-BE-SEEN-/311369971678?pt=LH_DefaultDomain_3&hash=item487f18b7de
Guy
Guy Mayers
28-05-2015, 18:51
Crap almighty! Just noticed the fuel tank in the boot - is that the back of the seats I can see there?!!!!!!!!!!!! The original Beta tank would be a safer install than piece of work......
Exactly Guy....needs a firewall fitted.....plus I noticed a few other things !
It was a late entry to the auction Guy. So it had a Lot no. towards the very end of the auction.
Sadly I didn't hang around that long after the 911 got sold so I have no note of price in my catalogue.
I had a brief look round it and certainly don't remember seeing that fuel tank from within the car so I'm guessing the fireproofing has been removed for some reason or other since the sale.
marcoos_1
02-06-2015, 00:54
I know this car well.....I stored it for the owner for a year or so. I don't want to divulge too much about him as he was a customer, but let's just say whoever buys it will have a few "issues" to sort out. Paintwork was pretty awful (stripes weren't even straight!), it didn't run right, needed proper fuelling sorted out, and had some driveline issues too. General build was ropey so I think there would be a lot more things lurking for the new owner.
What did it actually sell for on the day? I didn't see what the winning bid was.....
I which car Mark? The Corse or the Beta?
marcoos_1
04-06-2015, 14:10
sorry for confusion....the Beta.
No worries Mark, to be fair I thought there was a chance you could be talking about either car!
Stuarts Corse looked very impressive, but if one was being critical it may have been possible to level that accusation at the paintwork.
I also would not have been that surprised if it did have the odd fueling issue as, if I remember correctly, the tank was not baffled and there was no swirl pot.
I left the auction before the Beta came under the hammer but maybe results are on the Morris Leslie website?
Guy Mayers
04-06-2015, 22:42
I left the auction before the Beta came under the hammer but maybe results are on the Morris Leslie website?
Beta sold for £2600 plus premium so someone is trying to make a killing!
Guy
Powered by vBulletin® Version 4.2.5 Copyright © 2025 vBulletin Solutions Inc. All rights reserved.