Bailiffs selling rare MG X Power SV

[habanero]

Fancy owning a rare piece of motoring history....?

The Sheriffs Office, stars of the BBC1 TV show The Sheriffs are Coming, have seized a rare yellow MG X Power SV under a High Court writ which is due to be sold at Manheim Auction in Northampton on 10th October.

The car was previously sold by Bonham's earlier this year and their original listing, giving a fair amount of info can be seen here http://www.bonhams.com/auctions/20925/lot/344/

The car now has 13873 miles, comes with the keys and V5 and is expected to fetch £20k plus which could be a bargain for somebody.

Anybody interested should contact Manheim or register for their website.

Would you buy a car like this?

[habanero]

They were 320bhp standard but from memory you could option nearly 700bhp! Ugly as sin though.

[habanero]

Many many years ago, I once bought a bright yellow Dolomite in the dark with views to making into a lovely Sprint replica.

In the morning I glanced out of my window and to my horror the damn thing was Sand Glow.

A truly awful colour. Worse than the Russet Brown one I also had!

[habanero]

Googling the specs, I bet the 1000bhp factory approved nitrous versions would have gone pop pretty quickly....


The base MG XPower SV was powered by a 320 bhp (239 kW; 324 PS) at 6000 rpm 4.6 L Ford Modular V8 with a torque of 302 lb·ft (409 N·m) at 4750 rpm but was expensive due to the complex carbon fibre body. Both manual and automatic transmissions were available. The manual car had a top speed of 165 mph (265 km/h) and a 0-60 mph (97 km/h) time of 5.3 seconds.Club Sport options, for customers who wished to use their SVs on the track, were planned but never produced. They included a 5·0 L 1,000 bhp (700 kW) version, thanks to factory-approved nitrous oxide injection kits, though the basic version had 410 hp (306 kW) with speed limited to 195 mph (314 km/h).

The 2004 XPower SV-R featured a more highly tuned 5.0 L 32-valve V8 with 385 bhp (287 kW; 390 PS) and is believed to have a top speed of around 175 mph (281.5 km/h) and a 0-60 mph (97 km/h) time of 4.9 seconds.

The SV-S version used the 4.6 litre engine but was fitted with a supercharger to match the 385 bhp (287 kW) of the 5.0 litre versions. Only three were made. One SV-R was fitted with a supercharger to become the SV-RS, however this used an SV 4.6 litre engine

Edited by habanero on Wednesday 2nd October 17:54

[habanero]

So, what do you reckon it'll fetch.

Manheim suggest £20k plus but given it's tatty condition I think £17k is more likely.

Would that make it a bargain?

[habanero]

It didn't sell.

A last minute court application put a hold on it the day is was due to sell. A hearing on 4th November will now decide if it will sell at a future date.

[habanero]

Here you go

http://www.mgsv-club.com/SVBuildlist.htm

[habanero]

Well it's back up for sale on the 19th November after the last court application was refused.

[habanero]

It was at Northampton.

But it shouldn't have had a reserve.

Was it a straight £21,000?.....

[habanero]

It was sold under a High Court writ.

Apparently the debtor was contemplating buying it back himself.

[habanero]

There is no reserve, the bid will be accepted.

[habanero]

bickyboy said:

just because there is not a reserve does not mean it will sell its down to the vendors discretion no reserve usually means submit all bids then its upto them they accept the highest bid but I reckon they will in this case as its more than fair

I can assure you it will be accepted.

Fetched more than I thought given the condition report. Still a relative bargain for somebody.

[habanero]

bickyboy said:

lol it made 21k if that was my car I would have something to shout about lol cant see how it never sold at prior specialist auctions when entered by the registered keeper???

Chances are it didn't reach the reserve (clearly set too high).

[habanero]

I agree.

All seized goods sold under the auspice of a High Court writ must be sold without reserve to the highest bidder (unless a separate court order allows a sale by private treaty). But... the High Court Enforcement Officer has a duty to ensure the goods are advertised properly or he could be liable to a claim from the debtor.

[habanero]

100 IAN said:

My guess is that there were no bids on it. Auctioneer was taking ficticious bids in the hope that someone would place a real bid, when he failed to get a real bid he ended it as 'provisionally' sold.

If it was a real bid i'm sure it would be accepted, if it wasn't a real bid i'd expect it to appear at another auction soon.

Lets wait and see .........

Not so. The bid was genuine and payment is being made.

Edited by habanero on Tuesday 3rd December 16:11