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-   -   Miglia for sale !! (http://www.madabout-kitcars.com/forum/showthread.php?t=6605)

micky1mo 10th January 2018 17:22

Miglia for sale !!
 
Found this Miglia up for sale.

https://www.historics.co.uk/buying/a...lia-speedster/

https://i.imgur.com/mxAF5f6h.jpg


Should be an interesting auction.:director:

redratbike 10th January 2018 18:36

Someone just posted this in another thread

Chrome side trim really changes the look of the car also the chrome trim on the screen edge

lancelot link 13th January 2018 22:32

If you miss out on this one ....here's another opportunity for someone ...

https://www.rmsothebys.com/en/auctio...e-works/574559

redratbike 14th January 2018 10:10

Quote:

Originally Posted by lancelot link (Post 92831)
If you miss out on this one ....here's another opportunity for someone ...

https://www.rmsothebys.com/en/auctio...e-works/574559

You need a lottery win and then some!!!

Paul L 23rd March 2018 18:52

Prompted by a post by RayHutch on the Formosa forum, I've just looked this car up.

It went for over £5,000 more than the top guide price, £17,545! :cool:

https://www.historics.co.uk/buying/a...lia-speedster/

Which supports Mister Towed's theory about selling these cars where people are looking at the prices for 'real' ones.

Cheers, Paul. :)

lancelot link 23rd March 2018 19:42

I think with buyers premium , it hit the best part of twenty grand !

Lucky@LeMans 23rd March 2018 21:46

When you factor in the hours it takes to build a car like this then the buyer is getting a bargain. Whilst you don't think about it when building your project because you are building the car for yourself, you still end up with a valuable product when its finished.

Onlinesys 25th March 2018 13:38

Quote:

Originally Posted by lancelot link (Post 93910)
I think with buyers premium , it hit the best part of twenty grand !

I am the lad who bought it. Yes, $15.5k plus buyer’s premium and logistics to Hong Kong. Not to mention the first registration tax if I register it on the road. Likely to use the clsssic car moving permit and/or trade license plate initially but as someone over here reckons the time and passion to build this kitcar is way more valuable than the legal tender I contributed. I have no experience in the engine of this car so if anyone knows this car please enlighten me with whatever info is available. Thanks in advance and apologize for my Chinguish as English is my second language

micky1mo 25th March 2018 17:31

Onlinesys Welcome to the forum. :welcome:

Most of the Sammio/ Miglia/ Formosa style cars sold go to Europe so it's nice to hear one of them making it all the way to Hong Kong.

Why not start a new thread and tell us all about your experiences with your new toy!! :biggrin:

Onlinesys 25th March 2018 23:04

Hi micky1lo, not sure if my one is the only one in HK though. The car should be now on the ship and ETA 20/4. I will start a thread once it is arrived. As I am a rookie on kitchen, I will be having a lot of questions and queries in this forum. Stay tuned

Onlinesys 26th March 2018 05:58

BTW, anyone knows the history of this car. Much appreciated for any info provided

Paul L 29th March 2018 04:59

Onlinesys – Welcome to the forum. :cool:

There are not many Miglias on the road in the UK, so I am sure you will have a veryunique car in Hong Kong.

I don’t know anything about your car, but there are other Miglia builds listed in this thread.

http://www.madabout-kitcars.com/foru...ead.php?t=4782

Unfortunately, this thread needs a bit of an update and there are problems with some of the photos. :icon_sad:

Good luck, Paul. :)

PS
Don’t worry about your English, as I wouldn’t even know where to start with Chinese. :wink:

Onlinesys 5th April 2018 23:13

Thanks Paul. I guess all body shells are now from Tribute Automotive according to the forum over here and I am surprised there are almost zero new owner talking about their miglia built since tgen

lancelot link 22nd April 2018 13:44

Quote:

Originally Posted by Onlinesys (Post 94189)
Thanks Paul. I guess all body shells are now from Tribute Automotive according to the forum over here and I am surprised there are almost zero new owner talking about their miglia built since tgen

Forum over here ? can I have a link to that please?

Tribute aren't advertising the Miglia . I think Chris has reservations about mould quality and just doesn't have the time to deal with it due to current workload ...but please don't take that as gospel ...

Onlinesys 7th May 2018 13:37

4 Attachment(s)
Finally arrived in HK. Drove from container warehouse back to hime but coolant temperature was always at the maximum. A bit panic so drive directly to the garage. Mechanic suspected the sensor cable of coolant is faulty as everything seems ok. Speedometer not working neither. Driver’s seat is non-adjustable. Need a cushion as my legs are not long enough for a comfortable position. Everything else seems fine and the triple Weber and exhausts sound great

Barber 7th May 2018 17:20

Enjoy that car.

Onlinesys 8th May 2018 06:30

Thanks but need to sort out the coolant gauge maximum reading issue first

davecymru 12th May 2018 17:27

Onlinesys - Nice car! and i'm glad to hear it arrived safely!

It's good to know that there are other Miglia's out there, even if they are the other side of the world :)

The niggles you mentioned sound really minor, so i imagine that you'll be out-n-about and enjoying the car in no time and we look forward to some different location shots! :)

Onlinesys 29th May 2018 22:27

5 Attachment(s)
Just took it out for 2 days morning drive as we are approaching the summer heat wave at 35 degree c in the day time. All well except the sticky brake lights, non moving odo and speedometer.
Triple Weber and 2500TC engine and exhausts sound fabulous

Mister Towed 30th May 2018 06:40

Nice!

Paul L 31st May 2018 05:17

Onlinesys - Great photos. :cool:

(Although this has come out a bit bigger than I was expecting. :rolleyes:

https://lh3.googleusercontent.com/D0...=w1456-h819-no

Based on the website…

https://sundaymorningdrive.pixieset.com/27thmay2018/

It looks like this is a very popular road! :eek:

But your car certainly stands out and I'm sure you get a good reaction.

Enjoy, Paul. :)

micky1mo 31st May 2018 17:37

Sure looks good but with that helmet you need this paint job.:laugh:

http://i1329.photobucket.com/albums/...pspokrpayy.jpg

rochdaleGT 1st July 2018 07:39

it was a lucky day for the seller and the auctioneer that a solvent buyer from abroad put so much money on the table for the car.

with just local-buyers the car would hardly reached the minimum.

it was a fortuity which does not mean that those cars really have such a value.
its just an old triumph with a new body!!

really "amazing" that such a high priced car already shows the typical problems of homebuilt cars on the first test-drive. that non working speedo was already not workng b4 the auction.....

i hope for the buyer that he wont be faced with ongoing teething-problems in the future, as he has already overpaid at least 7k on the auction.

oxford1360 1st July 2018 12:13

Nurse! Jeremiah is out of bed again.

Barber 1st July 2018 12:23

Quote:

Originally Posted by rochdaleGT (Post 95788)
it was a lucky day for the seller and the auctioneer that a solvent buyer from abroad put so much money on the table for the car.

with just local-buyers the car would hardly reached the minimum.

it was a fortuity which does not mean that those cars really have such a value.
its just an old triumph with a new body!!

really "amazing" that such a high priced car already shows the typical problems of homebuilt cars on the first test-drive. that non working speedo was already not workng b4 the auction.....

i hope for the buyer that he wont be faced with ongoing teething-problems in the future, as he has already overpaid at least 7k on the auction.

With only attendees who are not interested in 1950s style sportscars, the price would be even less. Your argument is fallacious, probably best described as b*ll*cks. The nature of an auction, is that the car cannot fetch a price higher than anyone is prepared to pay, which establishes the value. The fact that you don't think it was worth it has nothing to do with it, and certainly not worth spurious posts on here.

lancelot link 1st July 2018 17:01

Quote:

Originally Posted by Barber (Post 95792)
With only attendees who are not interested in 1950s style sportscars, the price would be even less. Your argument is fallacious, probably best described as b*ll*cks. The nature of an auction, is that the car cannot fetch a price higher than anyone is prepared to pay, which establishes the value. The fact that you don't think it was worth it has nothing to do with it, and certainly not worth spurious posts on here.

Probably worth pointing out , that , technically - as long as fair play is in attendance , it takes two to not only tango but to achieve a price in an Auction ..therefore there must have been at least two people prepared to pay that amount ...

Classic car prices are rising , often don't make sense depending on various results and vary considerably ...It is a factor of this that has resulted in replica or tribute styled cars to follow on their shirt tails ...many classic cars at auction have faults at point of sale ...these cars are based on the same donor parts ..so will have similar properties ...

I think it was a little high , personally ...but not for me to speculate on ...compared to Toweds it was a bargain ...but I felt that was a lucky sale too ...


They are worth what they sell for at the end of the day ......the way they are marketed and the intended audience would definitely be a factor in final price achieved ..

oxford1360 1st July 2018 17:51

Quote:

Originally Posted by lancelot link (Post 95796)
...it takes two to not only tango but to achieve a price in an Auction.

Indeed, an auctioneer who I know well says that the underbidder is the most important person as it is they who set the hammer price.

She concedes that a reserve plays a part, but if an item doesn't sell, then the reserve was too high for that lot on that day.

This car sold, ergo it was worth hammer plus commission to whomever bid on that day at that time. Whether that is more or less than the seller had hoped for is irrelevant...rather like the point that rochdaleGT was trying to make.

Looking at this with a more open mind (rochdaleGT, that's a hint), many objects have a monetary value that is greater than the sum of their component parts. This is because they can bring pleasure, happiness and joy (rochdaleGT, you may wish to consult a dictionary). These feelings are beyond value, so if the new owner experiences any of them, he has himself a bargain.

Go on, rochdaleGT, make us all happy; put a monetary value on joy.

Paul L 1st July 2018 18:06

Quote:

Originally Posted by rochdaleGT (Post 95788)
…its just an old triumph with a new body!!...

Quote:

Originally Posted by oxford1360 (Post 95798)
…many objects have a monetary value that is greater than the sum of their component parts

Oxford - You took the words right out of my mouth. :icon_wink:

If you follow the link in Post #21 above, you will see a dedicated car/bike scene in Hong Kong.

Lots of cars, worth lost of money, but only one Miglia and nothing else even close.

So, in the words of Mastercard…

”Standing out from the crowd, priceless.” :cool:

smash 5th July 2018 17:16

Quote:

Originally Posted by micky1mo (Post 95312)
Sure looks good but with that helmet you need this paint job.:laugh:

http://i1329.photobucket.com/albums/...pspokrpayy.jpg


Prices are what prices are, if you want it you want it

Micky gotta say I love your car - looks spot on!

Mister Towed 21st July 2018 06:38

Nothing to do with me, being sold by someone calling themselves 'davecymru'...

https://www.ebay.co.uk/itm/1950s-Mil...gAAOSwg5VbUgIG

Looks to be a very nice example indeed that would be a bargain for someone at the start price. :)

Paul L 21st July 2018 08:25

Mr T – Good spot and it looks like Dave has adopted your style of prose for the ad. :cool:

I enjoyed reading both of Dave’s build threads and I wish him well with the sale, Paul. :)

oxford1360 21st July 2018 13:36

Quote:

Originally Posted by Paul L (Post 96062)
Mr T – Good spot and it looks like Dave has adopted your style of prose for the ad. :cool:

I enjoyed reading both of Dave’s build threads and I wish him well with the sale, Paul. :)

Oo, another opportunity for rochdaleGT to have his thruppence ha'penny worth. Where's the popcorn?

davecymru 22nd July 2018 11:36

Quote:

Originally Posted by Paul L (Post 96062)
Mr T – Good spot and it looks like Dave has adopted your style of prose for the ad. :cool:

I enjoyed reading both of Dave’s build threads and I wish him well with the sale, Paul. :)

Cheers gents.

It is indeed my car up for sale as I've come to the sad conclusion that i'm using it less and less due to work and other commitments and it was killing me to see it just sat there in the garage!

As for the whole price debate that seems to have been raging on here while I've been away, well... as my dad used to say "something is only worth what someone is willing to pay for it", so we shall have to wait and see.

But i've looked at what over cars have gone for, coupled with what my Sammio went for and how much more advanced this car is and i think I've set an honest and very reasonable starting price. Internet types can debate this as much as they want - tbh, i don't care what they have to say! :)

As to what project comes next, we shall have to wait and see. But the Formosa does look very nice :)

Lucky@LeMans 22nd July 2018 15:58

A friend of mine is a builder of houses. He assembles a pile of bricks, some wood and plasterboard along with some finishing off bits and pieces and he has become an extremely wealthy man !
If you have the skills you have a valuable asset and there are plenty of people with plenty of money to spend out there.
The classic car scene is no exception, our skills as builders are highly sought after whether you accept that or not !

Mister Towed 22nd July 2018 21:12

Quote:

Originally Posted by Lucky@LeMans (Post 96096)
A friend of mine is a builder of houses. He assembles a pile of bricks, some wood and plasterboard along with some finishing off bits and pieces and he has become an extremely wealthy man !
If you have the skills you have a valuable asset and there are plenty of people with plenty of money to spend out there.
The classic car scene is no exception, our skills as builders are highly sought after whether you accept that or not !

Well said, nail hit firmly on the head.

smash 23rd July 2018 06:40

It's certainly a bargain compared to this!

https://m.carandclassic.co.uk/car/C1010483

I'm always trawling for cars and to me, it looks like the market has slowed down. Nubodi's red coupe demo is on at 29k - looks well and has full interior but donor choice might stiffle it. Imho

oxford1360 23rd July 2018 07:49

Ouch, the "Make" is listed as "Ferrari" in the footer details.

Onlinesys 2nd August 2018 07:34

1 Attachment(s)
Quote:

Originally Posted by micky1mo (Post 95312)
Sure looks good but with that helmet you need this paint job.:laugh:

http://i1329.photobucket.com/albums/...pspokrpayy.jpg

No , the paint job of the helmet is great. I reckon it must be the editing effect🧐

Onlinesys 2nd August 2018 07:46

Quote:

Originally Posted by Paul L (Post 95801)
Oxford - You took the words right out of my mouth. :icon_wink:

If you follow the link in Post #21 above, you will see a dedicated car/bike scene in Hong Kong.

Lots of cars, worth lost of money, but only one Miglia and nothing else even close.

So, in the words of Mastercard…

”Standing out from the crowd, priceless.” :cool:

We pay 120% tax over here for expensive car. And you need to line up even you are eager to pay some of the sort-after models. By paying so much tax, HK is one of the cheapest place to get a second hand Ferrari cause the Rich will not buy old models or second hand and the normal John won’t be able to afford the running cost. Plus the cheapest parking space is GBP$100k to buy.

I am more than happy to pay the premium and enjoy it. The miglia engine/exhausts sound better than my other cars

Onlinesys 2nd August 2018 07:57

BTW, my first ever car was a Triumph TR7.
I reckon most of us over here are not too rational anyway when you are into classic and kit cars


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