Proceeds of Crime - Cars being Sold
Discussion
Wyles Hardy & Co. are auctioning off 3x Ferraris and selling by Private Treaty a number of Mercs & Bentleys
http://www.wyleshardy.com/equipmentsales.asp?pge=2
The cars were seized by Police from Kautilya Pruthi who bought them with the proceeds of a Ponzi Fraud and has been jailed for 14 years.
http://www.telegraph.co.uk/finance/financial-crime...
Cars are all very low mileage having been stored by Police since 2009 but are missing service histories.
I wonder what they'll sell for? - A 'Good Buy' for someone or potentially a 'Load of Trouble'?
http://www.wyleshardy.com/equipmentsales.asp?pge=2
The cars were seized by Police from Kautilya Pruthi who bought them with the proceeds of a Ponzi Fraud and has been jailed for 14 years.
http://www.telegraph.co.uk/finance/financial-crime...
Cars are all very low mileage having been stored by Police since 2009 but are missing service histories.
I wonder what they'll sell for? - A 'Good Buy' for someone or potentially a 'Load of Trouble'?
Edited by 100 IAN on Thursday 14th June 06:39
I agree, both the 430 and GT4 already have strong bids and the chap i saw there expected them to go higher.
The 612 that i'd gone to look at was very nice but he said he expected it to achieve £100k! I can't see it, maybe he's right or maybe he was trying to talk it up, i'm watching with interest to see.
The numbers he was mentioning for the Private Treaty cars also seemed on the high side.
The 612 that i'd gone to look at was very nice but he said he expected it to achieve £100k! I can't see it, maybe he's right or maybe he was trying to talk it up, i'm watching with interest to see.
The numbers he was mentioning for the Private Treaty cars also seemed on the high side.
WCZ said:
wormburner said:
Yes, but thats for sale too.
it was just a terrible pun on 'what' whilst being clever and referencing him being the yacht business 
I once fell foul of that. I told my girlfriend I wanted to kick her puppy and she dumped me.
FERRARI 612 SCAGLIETTI F1A HGTC 5.7L V12 COUPE
Registration Number: V12 RPD
Date of Registration: 21/12/2007
Mileage: 4089 Miles
Colour: Nero Daytona
Interior: Beige Leather with Daytona Seats & Carbon Cockpit Trim
Clutch Wear: 5%
Fittings:
Semi-Auto Gearbox with Paddle Shift
HGTC Performance Upgrade Comprising Carbon Ceramic Discs, Brembo Calipers, Tuned Exhaust System, Optimised Gear Selection.
Yellow Rev Counter
Front & Rear Parking Sensors
Scuderia Wing Shields
Split Rim Wheels
60 Year dedication Plate on Dash
BOSE Radio/CD/Nav Display
iPOD Dock
Passenger Airbag Deactivation Option
Ferrari Luggage & Tool Kit
Dual Zone Climate Control
New Replacement Battery
4 New Tyres Fitted
MOT Expires: 13/05/2013
Previous Owners: None
Went for £80k +5% commission so inc' vat total paid was £84,800
FERRARI F430 F1 SPIDER 4.3L V12
Registered Number: RX55 LYG
Date of Registration: 01/10/2005
Mileage: 7325 Miles
Colour: Nero Daytona
Interior: Nero Daytona Leather Seats with Rosso Stitching & Carbon Cockpit Trim
Clutch Wear: 17%
Fittings:
Power Hood
Power Windows
Power Heated Mirrors
Wind Deflector
Scuderia Wing Shields
Rosso Calipers
Steering Wheel Mounted Engine Start Button & 5-Way Engine Mode Selector Switch
Launch Control
New Replacement Battery
4 New Tyres
MOT Expires: 13/05/2013
Previous Owners: Two
Went for £70k +5% commission so inc' vat total paid was £74,200
FERRARI DINO 308 GT4 3.0L V8 Manual Sports Coupe
Registration Number: XBC 180S
Date of Registration: 09/05/1978
Recorded Mileage: 18269 miles
Colour: Blue Metallic
Interior: Magnolia Hide with Blue Piping
Fittings:
Radio Cassette Player
Air Conditioning
Power Windows
5-Speed Manual Gear Shift
MOT Expired: 2005
Previous Owners: None
Went for £22,600 +5% commission so inc' vat total paid was £23,956
They were all in nice condition but those prices seem high to me for cars with no history.
I guess they must all have gone to private buyers, can't see trade buying at that level.
Holy thread resurrection!
This news story popped up on my FB feed...
https://planetradio.co.uk/wave-105/local/news/drug...
Did someone get a hell of a bargain paying just over £50k for the Lamborghini?
This news story popped up on my FB feed...
https://planetradio.co.uk/wave-105/local/news/drug...
Did someone get a hell of a bargain paying just over £50k for the Lamborghini?
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