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

rochdaleGT 3rd August 2018 15:05

there is 1 car sold totally overpriced aborad and now the community thinks to replicate this again by advertizing their cars for a high price.


you need to keep in mind: its still a triumph spitfire, with all its pro´s and con´s...nothing quick, nothing track orientated, rear suspension a bit "vague" , the "kit" supplier has no real historic related history....there is no historic value at all with those cars.....so why should i pay so much money?

at the end of the day, to be honest, those kits only exist to "bypass" IVA test.....to make it a cheap kit for the homebuilder to overcome latest registration-laws.

this said: the body-shape and design is great.....such a body on a spaceframe chassis (aka Locost) with the typcal seven-ish live-axle or even an IRS, in combination with a well tuned x/flow engine (for the oldschool guys) or a zetec-engine (for the modern guys) would be a great thing.

unfortunately such a car would need to pass IVA

oxford1360 3rd August 2018 17:57

Quote:

Originally Posted by rochdaleGT (Post 96261)
unfortunately such a car would need to pass IVA

Enjoyed your positive contribution as always, but like most of your previous posts, you are wrong. You are nothing but consistent.

If you followed this forum with any rigour, you would know that someone on here has taken a correctly registered Locost that has passed IVA, and rebodied it perfectly legally. Bad luck, mate.

Everyone on this forum understands that it is a stressful time for you and we are all hoping that you get the GCSE results that you deserve. Just think, another couple of years and you will be allowed to drink in a pub.

Lucky@LeMans 4th August 2018 00:00

The rebody scene will continue to do well thanks to the understanding of the powers that be making allowances for such conversions. A rebody of an existing car that is correctly registered, Mot'd etc is a completely different concept to a traditional, home built, from the ground up kit car that has to be checked over for compliance at an IVA test. A rebody can be fitted to a regular production car or to an existing kit car if such a kit is available for you. As long as the kit is correctly registered the same rules apply.

Paul L 4th August 2018 07:22

Quote:

Originally Posted by rochdaleGT (Post 96261)
why should i pay so much money?

Why should anyone take the time and trouble to reply to you at all?

As you have ignored those who pointed out the flaws in the logic of your last post (1st July).

Namely, given how auctions work, at least two people thought it was worth a lot more than the guide price.

Note: I have no inside knowledge as to whether the other/losing bidder was local, UK based, or overseas.

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But in the spirit of good will…

Quote:

Originally Posted by rochdaleGT (Post 96261)
why should i pay so much money?

Simply put, if you wanted to buy that car, in that auction, on that day, then that was the price it took to buy it.

The good news is that you are not forced to buy any car at any time.

So feel free to wait for what that you consider to be the ‘right’ car to turn up at the “right’ price.

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However, if you really do not like this style of car, why do you actually care what they sell for?

There are lots of things for sale that I am not interested in, selling for more money than I would pay.

But I wouldn’t join a forum associated with these things just to point out I think they are overpriced?

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Quote:

Originally Posted by rochdaleGT (Post 96261)
… at the end of the day, to be honest, those kits only exist to "bypass" IVA test...

If this is what you actually think, then it is no wonder that you don’t understand the market.

These kits exist to provide a chance to drive something special for a faction of the price of an ‘original’.

The fact that these kits follow the letter of the UK law and therefore don’t require IVA is a bonus.

They don’t exist to bypass IVA, as you can’t bypass something you are not required to do in the first place.

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Quote:

Originally Posted by rochdaleGT (Post 96261)
… there is 1 car sold totally overpriced abroad…

Don’t forget that Mister Towed sold his Herald based Sammio Spyder, in the UK, for over £18,500.

http://i1186.photobucket.com/albums/...psz823kw15.jpg

Apparently, this is just a fraction of the new owner’s car collection, clearly worth a significant sum of money.

I’m sure he wasn’t forced to buy the car, therefore he paid what he thought was a fair price, for a unique car.

So why should your opinion on these cars’ value count for more that this car collector’s opinion?

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I still have a last few “To Do” list jobs on my car (e.g. add alloy panels to the cockpit interior).

https://lh3.googleusercontent.com/pu...F=w648-h863-no

Yet my insurance company have just allowed an agreed value of £15,000 based on its condition today.

My insurance company caters for the specialist car market and knows the difference between fair and overpriced valuations.

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Quote:

Originally Posted by rochdaleGT (Post 96261)
…there is no historic value at all with those cars…

The whole point is that your car looks like it has historic value.

How much do you think this guy thought my car was actually worth?

https://youtu.be/eLS-QQwL5ss

Now, you could point out that the Black Taxi ahead of me was worth more money than my car.

And you would be both factually correct and completely missing the point at the same time.

Cheers, Paul. :)

Mister Towed 4th August 2018 08:53

Can't help but chip in to agree with Oxford, Lucky and Paul. Why is anything worth anything more than the cost of its basic materials?

I mean, why would anybody in their right mind pay thirty five million pounds for an 'average' house in Kensington Palace Gardens, West London, when the cost of materials and labour to build even the most impressive house in the street would be unlikely to exceed £500k?

https://www.independent.co.uk/news/b...-a7978451.html

And you must be insane to pay $450,000,000 (yes, four hundred and fifty million U.S. dollars) for an old painting of a long dead religious leader (who appears to be sponsored by Camelot, 'it could be you...'), when Leonardo reused an old canvas he'd had kicking around his studio for years and spent about five Soldinos (tuppence ha'penny) on paint.

https://edition.cnn.com/style/articl...vre/index.html

Then back to rebody/homages/Tributes/copies of classic cars. The Lynx D Type is a rebody that uses an E Type Jag as a donor.

https://petrolicious.com/articles/th...onal-dream-car

Okay, it's a high quality recreation and E Types are valuable classics in their own right, but I'm pretty sure Lynx don't use concourse quality cars as donors, but worn out and unloved examples in need of refurbishment and a new lease of life.

So that means that Lynx are in exactly the same category as those of us who have built Sammios, Miglias, Tributes, etc. out of old Spitfires, Heralds, Vitesses, MX5's and Z3's.

And the prices that Lynx D Types and XKSS's achieve at auction or by private treaty?

Well, in 2010 a Lynx XKSS sold for £43,000 and that was thought by some to be a lot of money for a recreation.

In 2016 one of their D Types sold for £157,500 and that was thought by some to be a lot of money for a recreation.

http://www.silverstoneauctions.com/1...d-type-by-lynx

And today? Well, last month there was a Lynx D Type advertised in the back of Octane magazine for £330,000. Rochdale, I guess you think that's an awful lot of money for a rebody. I'm pretty sure there are people out there with deeper pockets than you (or I) who disagree and it will find a buyer at that price.

These cars, even our rebodies on humble old Triumphs, Mazdas and American built BMW's, are desirable cars in their own right. They bring joy to their builders, those who subsequently drive them and those who see them drive past.

The cash value people put on that depends on their bank balance, but there's no shortage of people who have the funds to buy a car that makes them smile but don't have the skills or time to build one themselves.

My car (the silver Spyder above) sold within a month of advertising it.

I initially turned down offers of £17k and £18.5k from a UK buyer. I turned down 20,000 Euros from two different European classic car dealers, who were both still negotiating with me when I was offered the asking price less the cost of a transporter to deliver it to one of the buyer's classic storage facilities.

Which means these cars are both desirable and will cost what you consider an awful lot of money to buy one.

So, Rochdale, how about you start a build of your own and show us what you think a decent home built kit car looks like?

Barber 4th August 2018 09:22

Markets
 
There are tens of thousands of people around the world who buy, store and sell gold coins. Some do it for the bullion value, others see other values such as mint condition, complete sets, rare coins.

The collector who only sees bullion value would not pay much more than £193 for a gold sovereign, and there are plenty of coins of suitable condition. Those who want to have only pristine coins will pay up to £237 for what is essentially the same bullion value. Neither groups of buyers are wrong, or deluded.

The cost of building one of the triumph based re-bodies to a good standard probably totals about the same as it would to restore the original car to a very good standard. In the market place however, one is a "special" and the other is just another good example of relatively plentiful models.Different collectors or buyers will have their own criteria of what they are seeking, and what they find attractive.

The essence of these points have been stated and re-stated plenty of times, but there is only one person who does not seem able, or refuses to see the validity of the arguments that are supported by real world examples. This would suggest that RochdaleGT is either an ignoramus or a troll, or both. My recommendation is that they research this link, then follow the instructions.
https://www.someecards.com/usercards...wMDk1ZmM4OTcw/

Mister Towed 4th August 2018 12:05

Just checked the ad in Octane and the Lynx D Type is actually advertised for 'only' £295,000 so £35k less than I thought (website says POA). That's about an 80% mark-up over a fully restored E Type they also have at £160,000 with the only real difference between them being the rebody.

http://ckl.co.uk/car-sales/

Should also have mentioned that only an offer within a few hundred pounds of the asking price was going to make me part with my Spyder as I would rather have kept enjoying it than given it away for less than its true value.

I also gave the new owner a written, no-strings guarantee that he could return the car to me in the same condition within one month of taking ownership and I would pay him back the full price received, I was genuinely that sad to see it go -

http://i1186.photobucket.com/albums/...psgjsrhd0y.jpg

So, Rochdale, I'm not going to enter into a slag-fest, but I would like to see what you can build as this is a forum for dedicated build it yourself 'special' car nuts, not trolls who just want to criticise others' proud achievements.

Mick O'Malley 4th August 2018 15:19

Quote:

Originally Posted by Mister Towed (Post 96281)
So, Rochdale, I'm not going to enter into a slag-fest, but I would like to see what you can build as this is a forum for dedicated build it yourself 'special' car nuts, not trolls who just want to criticise others' proud achievements.

+1

Regards, Mick

Onlinesys 5th August 2018 02:30

Sorry to create a lot of noise over here but I guess it’s still a good thing at the end of the day where lads could express their own point of view. We only live once so just feel free to enjoy whatever we think is worthwhile. Brought the car out with another kit car and all the chaps were happy. No one even bother other normal vehicles like GT3 Touring manual, GT3RS, GT3 manual, Merc SLS. ������

Onlinesys 5th August 2018 02:34

5 Attachment(s)
Quote:

Originally Posted by Onlinesys (Post 96292)
Sorry to create a lot of noise over here but I guess it’s still a good thing at the end of the day where lads could express their own point of view. We only live once so just feel free to enjoy whatever we think is worthwhile. Brought the car out with another kit car and all the chaps were happy. No one even bother other normal vehicles like GT3 Touring manual, GT3RS, GT3 manual, Merc SLS. ������

Some photos attached

Barber 5th August 2018 14:37

Nice cars. I agree about expressing points of view, so long as the opinion is genuine and informed. Genuine questions are ok too.

Paul L 5th August 2018 15:23

Your car looks right at home. :cool:

http://www.madabout-kitcars.com/foru...4&d=1533432765

Take care, Paul. :)

Onlinesys 5th August 2018 15:34

5 Attachment(s)
Thanks Paul.

scimjim 5th August 2018 17:54

Quote:

Originally Posted by oxford1360 (Post 96263)
Enjoyed your positive contribution as always, but like most of your previous posts, you are wrong. You are nothing but consistent.

If you followed this forum with any rigour, you would know that someone on here has taken a correctly registered Locost that has passed IVA, and rebodied it perfectly legally. Bad luck, mate.

Everyone on this forum understands that it is a stressful time for you and we are all hoping that you get the GCSE results that you deserve. Just think, another couple of years and you will be allowed to drink in a pub.

Best

Post

Ever

:first:

davecymru 25th August 2018 18:11

Typical bad luck on my part, i wait for ages dithering if i want to sell my car or not, knowing that these come up once in a blue moon and what happens, someone else decides to sell their Miglia as well! :)

https://m.ebay.co.uk/itm/Triumph-Mig...item1a5c608298

Although after reading the description some of my friends said that they seem to be having a dig at me.
And possibly also accuse me of bad sportsmanship?

If they are, then i want them to know that i wish them nothing but the best in selling their car and i would certainly never try and impact another builder's chances of selling.

jayporter 25th August 2018 22:02

Dave, the comment certainly wasn’t aimed at you as yours is a well finished car and we wish you all the best with yours too, it was aimed at whichever soft lad reported us to and had us thrown off eBay twice for putting “not ferrari” in the header!! Apparently you can’t put not Ferrari if it’s not a Ferrari yet there are loads on eBay and it’s really annoying when they throw your ad off. Tried to sell it 18 months ago and they threw it off so thought let’s enjoy it for a bit, then when we advertised it again they did the same, so this time being careful not to mention it at all! Hadn’t even noticed yours until after we’d relisted ours and then a friend pointed yours out and I thought the same as you “typical”! Anyway apologies if it looked like it was aimed at you but it wasn’t and i’d Love to know who did stick their beak in!!

davecymru 25th August 2018 22:19

Cheers matey, i didnt realise it was yours! (Ive not been on the forum for a while due to work)

Im aware of the whole ebay/Ferrari debacle from when i played with the Lambos as its been going on for years!

Aparently ebay are VERY sensitive to any non-ferraris who use the F word in their ad or even show pictures of a non-Ferrari with a Ferrari badge showing, which is why a lot of the mr2 rebodies have to photoshop out their prancing horses or ebay just shut them down.

Anyhow best of luck with the sale, im sure you'll get a good price for its as its got some really good touches on it.

Mitchelkitman 25th August 2018 22:54

Quote:

Originally Posted by davecymru (Post 96522)
Cheers matey, i didnt realise it was yours! (Ive not been on the forum for a while due to work)

Im aware of the whole ebay/Ferrari debacle from when i played with the Lambos as its been going on for years!

Aparently ebay are VERY sensitive to any non-ferraris who use the F word in their ad or even show pictures of a non-Ferrari with a Ferrari badge showing, which is why a lot of the mr2 rebodies have to photoshop out their prancing horses or ebay just shut them down.

Anyhow best of luck with the sale, im sure you'll get a good price for its as its got some really good touches on it.

That's interesting, as Ebay seem to turn a blind eye to all the classic car V5's for sale, which are a)illegal, as they are DVLA property and b)An easy way for 'ringers' (either rebuilds or stolen vehicles) to be 'legitimised' - There is a huge thread about these on Pistonheads.
A couple of years ago I advertised a bicycle part as "will fit Raleigh, Sunbeam, etc" like folk would advertise headlights as "will fit MG, Landrover etc" and my advert was deleted. Ebay is nothing but inconsistent with its rules!

rochdaleGT 28th August 2018 08:46

https://www.ebay.de/itm/SAMMIO-SPYDE...p2047675.l2557

auction ended with reserve not met....but a slight indicator how much people are willing to pay when there isnt anybody pushing the bids (shill bidding) or using any other "tools" for pushnig the price.

oxford1360 28th August 2018 15:16

Quote:

Originally Posted by rochdaleGT (Post 96543)
https://www.ebay.de/itm/SAMMIO-SPYDE...p2047675.l2557

auction ended with reserve not met....but a slight indicator how much people are willing to pay when there isnt anybody pushing the bids (shill bidding) or using any other "tools" for pushnig the price.

Massive yawn.


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