Mat armstrong

[jeff666]

Promised Land said:

When a rear wing is £8k plus vat not really, although the rear wing on the donor probably doesn’t fit if it’s not the same shape for lights, lines etc, but I guess he will recoup the donor car cost back.

Mansory prices are eye watering though.

The doner car is the same shape,

just the smashed one is a facelift so main components needed should all fit ok.

Still a lot of money for a parts car, a few of the comments suggested getting the parts from abroad, Dubai etc as they are as common as a fiesta out there

[was8v]

Plot twist: Rashford loves that 1 of 1 car and buys the completed car back off Armstrong for £500k.

[WPA]

The Rotrex Kid said:

WPA said:

jeff666 said:

Latest vid just popped up on YT,

astonishingly high numbers of viewers in just an hour or so, over 300K

A fair bit of info on the crash and why the roller isn't recorded.

£97k for a fully working parts / donor car, crazy

Hopefully not financed!!

I did wonder if it is.

[pocketspring]

WPA said:

The Rotrex Kid said:

WPA said:

jeff666 said:

Latest vid just popped up on YT,

astonishingly high numbers of viewers in just an hour or so, over 300K

A fair bit of info on the crash and why the roller isn't recorded.

£97k for a fully working parts / donor car, crazy

Hopefully not financed!!

I did wonder if it is.

I'm sure his subs, sponsorships and likes are helping with funds as well.

[was8v]

copart used to do a service called breakerbid4u where you can bid for a Cat B car, they will pull the engine out for you and you go along and remove any other parts you want at their premises.

That way the cat B chassis and id gets destroyed and you get all the parts.

Saving Salvage got his S3 engine that way not long ago

I see they not do this any more....

However Matt could have got a cat b roller by having someone with a breakers license to bid for him and they keep and destroy as appropriate. Surely he wouldn't have been short of volunteer breakers to work with on that (reclamet? trents? etc).

[Risonax]

jeff666 said:

Promised Land said:

When a rear wing is £8k plus vat not really, although the rear wing on the donor probably doesn’t fit if it’s not the same shape for lights, lines etc, but I guess he will recoup the donor car cost back.

Mansory prices are eye watering though.

The doner car is the same shape,

just the smashed one is a facelift so main components needed should all fit ok.

Still a lot of money for a parts car, a few of the comments suggested getting the parts from abroad, Dubai etc as they are as common as a fiesta out there

He didn't look very hard

https://srotas24.co.uk/product/s24216289806/

Front subframe , £1000.

Door

https://srotas24.co.uk/product/s18618247068/

Front wing

https://srotas24.co.uk/product/s28900019870/

Boot hinge

https://srotas24.co.uk/product/s25281899946/

I'm not seeing a container of parts with a rear clip being anywhere near £100k.

[WPA]

Risonax said:

jeff666 said:

Promised Land said:

When a rear wing is £8k plus vat not really, although the rear wing on the donor probably doesn’t fit if it’s not the same shape for lights, lines etc, but I guess he will recoup the donor car cost back.

Mansory prices are eye watering though.

The doner car is the same shape,

just the smashed one is a facelift so main components needed should all fit ok.

Still a lot of money for a parts car, a few of the comments suggested getting the parts from abroad, Dubai etc as they are as common as a fiesta out there

He didn't look very hard

https://srotas24.co.uk/product/s24216289806/

Front subframe , £1000.

Door

https://srotas24.co.uk/product/s18618247068/

Front wing

https://srotas24.co.uk/product/s28900019870/

Boot hinge

https://srotas24.co.uk/product/s25281899946/

I'm not seeing a container of parts with a rear clip being anywhere near £100k.

The issue will be that on a car this damaged it is not so much the big items but all the little parts, clips and brackets etc, they will soon mount up.

Yes I suspect he could have got everything cheaper but having a complete car I think will be easier plus as he said £30k for the engine plus the interior etc if he can sell it.

[Risonax]

WPA said:

if he can sell it.

Kind of key. Plus all the little bits might turn out to be a little different. He's got about £50k in used parts (parts that will sell "relatively" quick) in a £100k used car. The rest might sell, eventually, but I suspect after engine, interior, doors, front panels, wheels, bumpers, whats left will be weighed in.

From the video, it seemed that Rolls Royce were willing to sell him the parts, but he didn't price up what that might be, just a rear wing.

The reality is he needs a fast turn around on a project, because, essentially, its a TV show. In 6 months time, no one will care about Rashford's Roller.

[skwdenyer]

Risonax said:

WPA said:

if he can sell it.

Kind of key. Plus all the little bits might turn out to be a little different. He's got about £50k in used parts (parts that will sell "relatively" quick) in a £100k used car. The rest might sell, eventually, but I suspect after engine, interior, doors, front panels, wheels, bumpers, whats left will be weighed in.

From the video, it seemed that Rolls Royce were willing to sell him the parts, but he didn't price up what that might be, just a rear wing.

The reality is he needs a fast turn around on a project, because, essentially, its a TV show. In 6 months time, no one will care about Rashford's Roller.

He also seems to be betting heavily on there being no parts revisions over the years.

[PinkHouse]

skwdenyer said:

Risonax said:

WPA said:

if he can sell it.

Kind of key. Plus all the little bits might turn out to be a little different. He's got about £50k in used parts (parts that will sell "relatively" quick) in a £100k used car. The rest might sell, eventually, but I suspect after engine, interior, doors, front panels, wheels, bumpers, whats left will be weighed in.

From the video, it seemed that Rolls Royce were willing to sell him the parts, but he didn't price up what that might be, just a rear wing.

The reality is he needs a fast turn around on a project, because, essentially, its a TV show. In 6 months time, no one will care about Rashford's Roller.

He also seems to be betting heavily on there being no parts revisions over the years.

He isn't betting, he knows already and the "doubt" is just presented to the viewers to carry the storyline. He had planned to use a donor car before he even bought the crashed Rolls, the same way he plans out all his builds before he starts them

[skwdenyer]

PinkHouse said:

skwdenyer said:

Risonax said:

WPA said:

if he can sell it.

Kind of key. Plus all the little bits might turn out to be a little different. He's got about £50k in used parts (parts that will sell "relatively" quick) in a £100k used car. The rest might sell, eventually, but I suspect after engine, interior, doors, front panels, wheels, bumpers, whats left will be weighed in.

From the video, it seemed that Rolls Royce were willing to sell him the parts, but he didn't price up what that might be, just a rear wing.

The reality is he needs a fast turn around on a project, because, essentially, its a TV show. In 6 months time, no one will care about Rashford's Roller.

He also seems to be betting heavily on there being no parts revisions over the years.

He isn't betting, he knows already and the "doubt" is just presented to the viewers to carry the storyline. He had planned to use a donor car before he even bought the crashed Rolls, the same way he plans out all his builds before he starts them

Fair enough.

[robemcdonald]

was8v said:

Plot twist: Rashford loves that 1 of 1 car and buys the completed car back off Armstrong for £500k.

I must admit this thought did occur to me too. He doesn’t care if the car has been crash repaired. He’s only going to crash it again anyway.

Also the explanation of the accident sounded dodgy to me.

[WestyCarl]

PinkHouse said:

skwdenyer said:

Risonax said:

WPA said:

if he can sell it.

Kind of key. Plus all the little bits might turn out to be a little different. He's got about £50k in used parts (parts that will sell "relatively" quick) in a £100k used car. The rest might sell, eventually, but I suspect after engine, interior, doors, front panels, wheels, bumpers, whats left will be weighed in.

From the video, it seemed that Rolls Royce were willing to sell him the parts, but he didn't price up what that might be, just a rear wing.

The reality is he needs a fast turn around on a project, because, essentially, its a TV show. In 6 months time, no one will care about Rashford's Roller.

He also seems to be betting heavily on there being no parts revisions over the years.

He isn't betting, he knows already and the "doubt" is just presented to the viewers to carry the storyline. He had planned to use a donor car before he even bought the crashed Rolls, the same way he plans out all his builds before he starts them

I suspect he already knows what he's doing with the finished car, maybe even has a buyer lined up for it.

[pocketspring]

Mat Armstrong LTD has equity of 600k but creditors of 800k.
His YouTube channel generates between 10k - 17k per month.

[pocketspring]

robemcdonald said:

Also the explanation of the accident sounded dodgy to me.

Not just me then. How hard must a 74 year old woman hit a 2.5 ton car to spin it all that distance and how fast must Rashford been going to spin all that distance. Surely if you side swipe a vehicle, it would still come to a stop in straight line as there's no damage to the rear wing like a PIT manoeuvre.

[Petrus1983]

robemcdonald said:

I must admit this thought did occur to me too. He doesn’t care if the car has been crash repaired. He’s only going to crash it again anyway.

Also the explanation of the accident sounded dodgy to me.

I don't understand how if an insurance company has paid out on the car it hasn't been added to MIAFTR. When I worked in a total loss department it was hammered home to us the importance of adding vehicles to the register once we'd deemed it a write off.

[PinkHouse]

Petrus1983 said:

robemcdonald said:

I must admit this thought did occur to me too. He doesn’t care if the car has been crash repaired. He’s only going to crash it again anyway.

Also the explanation of the accident sounded dodgy to me.

I don't understand how if an insurance company has paid out on the car it hasn't been added to MIAFTR. When I worked in a total loss department it was hammered home to us the importance of adding vehicles to the register once we'd deemed it a write off.

What was the highest value or most bespoke vehicle you wrote off?

[thegreenhell]

Petrus1983 said:

I don't understand how if an insurance company has paid out on the car it hasn't been added to MIAFTR. When I worked in a total loss department it was hammered home to us the importance of adding vehicles to the register once we'd deemed it a write off.

Explained in the latest video. Apparently it's only a guideline rather than a legal requirement, and on higher value vehicles the Cat marker can have a significant effect on the car's resale value, and thus how much money the insurance company can recover.

[Petrus1983]

thegreenhell said:

Explained in the latest video. Apparently it's only a guideline rather than a legal requirement, and on higher value vehicles the Cat marker can have a significant effect on the car's resale value, and thus how much money the insurance company can recover.

I understand that - but MIAFTR is there to ensure people know the history of their vehicles and shouldn't be a reflection of insurance company profits. At the end of the day this would likely be a Cat S and that should be reflected in its documentation. I appreciate Mat is doing this publicly but it must be happening loads behind closed doors too.

[Petrus1983]

PinkHouse said:

What was the highest value or most bespoke vehicle you wrote off?

My limit was £100k but as a company we had an exorbitant number of high value McLarens and Lamborghini's for some reason. And yes - they all went to MIAFTR.