At Morris Leslie, here:
http://www6.amstock.co.uk/morrislesl...x?Sale=1747CAR
This one:
http://www.stratosec.com/Forum/showt...gh-Anyone-here
Printable View
At Morris Leslie, here:
http://www6.amstock.co.uk/morrislesl...x?Sale=1747CAR
This one:
http://www.stratosec.com/Forum/showt...gh-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
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 !Quote:
Originally Posted by Strat Fan
Ditto.
Next replica in the pipeline?
Guy
That is definitely Stuart's car from Coldstream. Or it was. Wonder what the circumstances are?
Mick
Craig,Quote:
Originally Posted by Strat Fan
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?
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!
............................................................. watch this space !?..............LOLQuote:
Originally Posted by Guy Mayers
DefinitelyQuote:
Originally Posted by ProtoTipo
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.Quote:
Originally Posted by ProtoTipo
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.Quote:
Originally Posted by ProtoTipo
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.
'Hammer on the 'Sony' car was £21,280:Quote:
Originally Posted by Strat Fan
http://www.historics.co.uk/buying/au...a-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.Quote:
Originally Posted by ProtoTipo
I'm sure the interior trim isn't to everyone's taste but it looks very well executed.
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?)
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.Quote:
Originally Posted by FiveHundred
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:
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
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…..
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.
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.
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......
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?
Yes, I reckon so. Good excuse for a run....
although I might be taking the trailer if I'm feeling lucky!!!
Quote:
Originally Posted by john
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.
is it worth taking a solicitor along, too, just for luck…….??? :)Quote:
Originally Posted by john
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.
That's useful.Quote:
Originally Posted by john
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!)
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
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?
'Might be a dealer John?Quote:
Originally Posted by john
I think it's a fair price too, and very similar to what the yellow Hawk made a while ago.