Major MG dealer in Holland goes to the wall.
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  1. #1
    #829 called 'Olive' David's Avatar
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    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
    Last edited by David; 29-01-2021 at 08:42 PM.

  2. #2
    #829 called 'Olive' David's Avatar
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    The final (winning) bid was Euro 9,500, + taxes and fees.

    David

  3. #3
    Registered User jeff turbo's Avatar
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    Quote Originally Posted by David View Post
    The final (winning) bid was Euro 9,500, + taxes and fees.

    David
    Is it on your drive soon with your rover?
    1958 Ford Consul Convertible
    1965 Ford Zodiac Executive, being restored
    1997 Jaguar XK8 Convertible
    2003 Number 182 MGZT V8
    2004 MGZT cdti Poseidon
    2004 Number 76 MGZT V8

  4. #4
    #829 called 'Olive' David's Avatar
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    Quote Originally Posted by jeff turbo View Post
    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

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