Major MG dealer in Holland goes to the wall.

Just listed, a sneak preview ...

For the next 10 days, there is an online auction of the assets including vehicles, of Van der Post, the famous MG/Rover specialist in Holland (well, famous in Holland anyway!).

Amongst the cars is an MG ZT 260 VIN #710, BRG, 51k km., offered until a few week ago at Euro 29,500 but now standing at a high bid of Euro 5,750 on the auction books. The auction ends on February 8th. Costs of VAT at 21%, buyer's fees at 17% and other taxes represent an almost 50% buyer's surcharge over the 'hammer-price'!

You may have seen it for several years in the Forum "Complete List of 260s For Sale" here:
https://www.two-sixties.co.uk/mgoc26...550#post188550

... and now here:
https://www.bva-auctions.com/en/auct...16395218?pid=0

More vehicles a plenty, and 270 other lots including a T4 (now at Euro 1,325 + costs already)
https://www.bva-auctions.com/en/auction/index/53470
Masses of MGR special tools and racks and racks of undentified (-able?) MGR spares from Lot 191 onward.

Watch this space!

David

It is sad to see them cease trading David :(

I went to a local auction a few years ago when an mg rover dealer shut down. There were some rare things in the auction and the auctioneers were very quick but I did buy some bargains at the time

Yes you can be lucky, but this one is on-line, and the details are a bit sparse. The auction on-costs are very high too, so I doubt there are profits to be made, and that elusive part you have been looking for for years, will remain just that ... elusive !

The ZT260 is a good price for a LHD Dutch registered car, even with the 50% mark-up. #710 is certainly a very nice car too, but bidding won't stay at that price I imagine.

Other showroom asking prices in continental Europe, such as the Euro 19k for #801 a far-less-than-perfect ZT260 in S.Holland, almost Euro 20K for #558, the (now French) Black Olive ZT260, and over 40k(!) for VIN #012, may well have been typical of high LHD pricing over the last few years, but not for much longer I think.

The LHD classic car market has become like a ".com bubble", which now appears to be on the point of bursting, at least as far as the ZT260 market is concerned.

David

The final (winning) bid was Euro 9,500, + taxes and fees.

David

Quote:

---

Originally Posted by David

The final (winning) bid was Euro 9,500, + taxes and fees.

David

---

Is it on your drive soon with your rover?

Quote:

---

Originally Posted by jeff turbo

Is it on your drive soon with your rover?

---

No Jeff. I'm settled just fine with 'Olive', and the other half has a Black Olive V6 Tourer, which is handy to have sometimes.
Neither of us do much mileage any more (this year almost none, of course). Not into collecting them anymore either. Got rid of no less than three 2.5 V6's in the last year.

It's not like you would have any work to do on #710, which can sometimes be good fun, and it is not a sure profit making item at that (total) price either. I'll let you into a secret. At 73, big projects like yours, which I used to relish, have started to lose their appeal a little!

No idea (yet) who ended up getting the car. We shall see, I expect.


David

Ah, I'm only a boy at 62 then, my brother does say to me why are you still doing this at your age?