RE: Wise Investment?
RE: Wise Investment?
Monday 7th October 2002

Wise Investment?

Receivers called in to wind up a carpet firm in Cardiff recently found a ten year old XJ220 behind a bricked up staircase. The directors of the company had bought the £415,000 car it as an investment.


Author
Discussion

Esprit

Original Poster:

6,373 posts

303 months

Thursday 10th October 2002
quotequote all
:startstearingdownhiswallstoseewhatcarsarebehindthem:

JohnL

1,763 posts

285 months

Thursday 10th October 2002
quotequote all
Thinking that bricking up a car is an "investment" is probably connected with the reasons for the receivers coming in in the first place

kevinday

13,594 posts

300 months

Thursday 10th October 2002
quotequote all
Maybe he was a bad driver and was 'bricking it' every time he drove it?

skittle

312 posts

281 months

Thursday 10th October 2002
quotequote all
Shame as it was stolen 5 years earlier according to his Insurance claim

:lol:

Marcos Maniac

3,148 posts

281 months

Thursday 10th October 2002
quotequote all
Receivers called in to wind up a carpet firm in Cardiff recently found a ten year old XJ220 behind a bricked up staircase. The directors of the company had bought the £415,000 car it as an investment.

AND THEY FORGOT IT WAS THERE!


gnomesmith

2,458 posts

296 months

Thursday 10th October 2002
quotequote all
If you had done the same thing with a 250 GTO or a GT40 it could have had the same sad result.

The trick is to hold on long enough for the true value to be realised.

As it was a carpet firm I suppose the Jag will be a runner.

Marcos Maniac

3,148 posts

281 months

Thursday 10th October 2002
quotequote all
quote:


As it was a carpet firm I suppose the Jag will be a runner.




One of the directors used to drive it.

He floored! it and Shag! piled the engine

Esprit

Original Poster:

6,373 posts

303 months

Saturday 12th October 2002
quotequote all
OOh Ooh, I'm off out to drop my TR7 off at my parent's half-built house so they can brick it up inside! I reckon I'll be a millionaire by the time I'm 5267

gnomesmith

2,458 posts

296 months

Saturday 12th October 2002
quotequote all
Sooner than that, bricks get more valuable each day.