Guide
£16,000 to £18,000 - rare UK spec RV8 in White Gold
Listing
says "the current owner of three years has used the MG sparingly, only adding
a few hundred miles to the odometer. The accompanying history file is extensive
with numerous receipts, past MOTs and an original sales brochure. V5C and, MOT
to June 2018." No information on mileage, maintenance history or age of the
tyres. Not registered with the V8 Register. Spotted by Andy Goves. 170710.
See an earlier update on the adverts offering this car for sale. Update
170628
Comments
on the auction outcome
Andy Goves reports "I phoned my contacts at
Charterhouse this morning and this home market RV8 did not sell last weekend at
the prestigious two day event at Sherborne Castle in Dorset. The
estimate was £16-18,000 and I'm surprised it didn't sell, given the
premium that home market cars attract over Japanese reimports and the rareness
of an RV8 in White Gold."
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Guide
£16,000 to £20,000 - reimported RV8 in Woodcote Green
Advert
says "reimported from Japan in 2002, 35,700 miles, MOT to July 2018, purchased
by the present owner in 2016. Back problems have forced a sale. Excellent condition.
Soft top like new with a tonneau cover and documented service history". Auction
18th July 2017. Poor description of the car with no maintenance history or age
of the tyres simply trader speak of the model. Spotted by Andy Goves. Registered
with the V8 Register. 170707
Comments
on the auction outcome
Andy Goves reports "the bidding for this RV8
commenced with an asking price of £12,000 but no takers. It was reduced
to £10,000 which then led to rapid bids escalating in £500 increments
until it plateaued at £14,500. This is below the guide
price by quite a margin and I don't think it has sold. I'm tracking the Barons'
website for confirmation".
Update
20th July 2017. Andy Goves reports "it looks like a sale was agreed post-auction
at £18,150 - a more respectable price than the auction bidding at
the time! I regularly receive emails of unsold lots (but not on this occasion)
inviting me to purchase cars which did not initially sell at auction. The price
of 18,150 includes a 10% commission but excludes 20% VAT on that commission if
it was a UK buyer. So the final price will be Hammer price @ £16,500 plus
Commission @ 10% of£ 1,650 producing a total price shown of£18,150.
But if VAT is applicable to the
sale then a further330 (20% of £1,650) would be added making a total purchase
price for a UK buyer of £18,480.
I think at the auction the bidder
at £14,500 was hoping to get the RV8 at a low price but subsequent discussions
between the vendor and the auction house may have brokered a better deal - either
the bidder upped their bid or someone else bought the car! See
Barons website. More |
