RE: Impreza 22B makes ?70K at auction
Discussion
Naseem hammeds former car? I remember him smashing one to bits.
It appears that it definitely is. Doh even says that at the being of this article !
remember him doing it in. Can't find any links now only of his later crashes but he did a grand job
It appears that it definitely is. Doh even says that at the being of this article !
remember him doing it in. Can't find any links now only of his later crashes but he did a grand job
Edited by Pesty on Monday 23 May 22:29
Prince Naseem cousin jailed
A COUSIN of boxer "Prince" Naseem Hamed has been jailed for four-months for crashing the ex-champion's £45,000 Subaru Impreza at 80mph. Andruoos Yafai, 18, shunted another car into a public telephone box, injuring a man who was using it. He was banned for driving for 18 months.
Hmmm!!!!
A COUSIN of boxer "Prince" Naseem Hamed has been jailed for four-months for crashing the ex-champion's £45,000 Subaru Impreza at 80mph. Andruoos Yafai, 18, shunted another car into a public telephone box, injuring a man who was using it. He was banned for driving for 18 months.
Hmmm!!!!
MDMA . said:
rossub said:
Even more amazing considering it's been badly smashed up at least once in its lifetime.
I don't believe the bubble will burst on these though. They're right up there with Audi Sport Quattros in terms of being iconic and produced in limited numbers.
Wish I'd bought in when they were £25k.
Will post a picture for the new buyer -I don't believe the bubble will burst on these though. They're right up there with Audi Sport Quattros in terms of being iconic and produced in limited numbers.
Wish I'd bought in when they were £25k.
Small Car said:
I dont believe its the same car. I know things like brakes and seats etc can be changed easily, but the smashed up pics differ from the auctioned 22B. Edited by MattOz on Monday 23 May 23:59
MattOz said:
Small Car said:
I dont believe its the same car. I know things liek brakes and seats etc can be changed easily, differ from the 'other' Naseem 22B. LaurasOtherHalf said:
MattOz said:
Small Car said:
I dont believe its the same car. I know things liek brakes and seats etc can be changed easily, differ from the 'other' Naseem 22B. WojaWabbit said:
I'm interested to hear why you think this. It seems to be a fairly commonly held opinion but I haven't heard anyone say what their reasons are.
The principal reason is that it is what happens to every over-heated market, ever. It's a simple economic truth. Firstly, we need to drop two pre-conceptions. 1). That cars are brought by people who want to drive them. Many are now bought by people looking to cash in on a rising market. 2). People are buying these with their own funds.
Dot-com stuff did it, property does it in cycles. Railway shares did it in the 19th century, more general shares did it in the 1920s.
When markets start to expand rapidly they attract speculators, people taking a punt. You would be surprised how many people are leveraging to speculate as well, and how extremely they leverage, and it puts the system under enormous strain. The idea is the market is rising so fast that the profit on the sale will pay for the finance and leave profit left over.
However, the finance sometimes creaks and groans and also the markets also get very heated and people get wobbly and jumpy. Then all of a sudden it'll give way as finance and therefore demand falls away. People cannot sell their investments as there are fewer and fewer people physically able to play, and so prices slide very fast indeed.
And the bubble has burst.
Terminator X said:
LotusOmega375D said:
Nasty seats too.
I bought mine for £20,500 and sold it 2 years later for £21,000.
Result
What shares are you investing in at the moment I bought mine for £20,500 and sold it 2 years later for £21,000.
Result
TX.
Anyway back on topic: if the damaged car photo really isn't the Silverstone Auctions one, then maybe PH should take the image down. It's not fair on the new owner.
After importing two brand new 22B's from Japan when they were first announced, I ended up importing a number of parts for them as Subaru UK were blocking all requests via the established parts network.
I supplied quite a lot of parts for the Hamed car. Actually one of his entourage challenged me to a fight with Hamed, I can't remember why, probably because I wasn't giving a 'do you know who I am' discount. I actually accepted the fight, as I knew it would harm his career more than mine. Nasty piece of work.
I supplied quite a lot of parts for the Hamed car. Actually one of his entourage challenged me to a fight with Hamed, I can't remember why, probably because I wasn't giving a 'do you know who I am' discount. I actually accepted the fight, as I knew it would harm his career more than mine. Nasty piece of work.
A crashed 22b for £70k? It doesn't matter if that pic isn't of the car, for £70k it needs to be faultless plus it belonged to that loud mouth idiot Hameed which would automatically knock another £20k off for me.
And an NSX for £90K
Ridiculous prices. Don't get me wrong, they are good cars but neither of those cars are worth anywhere near that in terms of what they offer as driving instruments, especially when you consider they were selling for a 3rd of that less than 5 years ago.
Anyone who thinks this isn't a bubble is insane. I hope the whole thing collapses and lots of greedy people who have no interest in cars end up with egg on their face.
And an NSX for £90K
Ridiculous prices. Don't get me wrong, they are good cars but neither of those cars are worth anywhere near that in terms of what they offer as driving instruments, especially when you consider they were selling for a 3rd of that less than 5 years ago.
Anyone who thinks this isn't a bubble is insane. I hope the whole thing collapses and lots of greedy people who have no interest in cars end up with egg on their face.
my apologies. I had attached the wrong picture in the first post. was doing it from my phone ! see the correct picture below. mods can delete original post if it causes any offence. see correct picture below from the guy who fixed it ( second time ).
car was in the bodyshop being repaired from a previous crash. 5 minutes after collection, it was crashed again, at 80mph into a parked car !
the car was repaired by scoobymania back in later 2001/2. repair bill around 23k. its all on scoobynet if you search for the posts, 15 years ago.
car was in the bodyshop being repaired from a previous crash. 5 minutes after collection, it was crashed again, at 80mph into a parked car !
the car was repaired by scoobymania back in later 2001/2. repair bill around 23k. its all on scoobynet if you search for the posts, 15 years ago.Article says: "See for example the Sierra Cosworth RS500 that made just over £50,000; still a lot of money, but certainly not more than they have been selling for"
Must have fallen through: https://www.silverstoneauctions.com/1987-ford-sier... "Buy now for (£): 50,000"
Must have fallen through: https://www.silverstoneauctions.com/1987-ford-sier... "Buy now for (£): 50,000"
No wonder that 22B has low mileage it was off the road for a spell after it went through a phone box a couple of years ago
http://www.scoobynet.com/scoobynet-general-1/10372...
http://www.scoobynet.com/scoobynet-general-1/10372...
cb1965 said:
Silverstone Auctions could be in trouble here I would have thought!
Why? If it's not been written off and had a Cat C\D applied to it, technically they haven't done anything wrong have they? Buyer beware and all that.Whether the buyer would still be happy to stump up £70k for a car with some unrecorded crash damage history is another matter.
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