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GloomMonger

Going Down In Style!

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Ok, so I'm making a lot of assumptions but why would you buy this car if your business was in trouble.

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On Behalf of the Joint Administrators of Camerabox Limited.

FOR SALE BY

TIMED ON-LINE AUCTION

MERCEDES C63 AMG DR520 4dr Saloon 7 Speed Auto with Paddleshift - 2010 (60) 1 of only 20 cars - Cost new: c£72,000GBP

In mid 2010, Mercedes launched a UK-only special edition of their C63 AMG named the DR520 which offers substantially more power and performance compared to the standard C63 AMG. Just 20 examples of the DR 520 were built, we understand the ratio is 13: saloon and 7: estates which were all sold exclusively through the Specialist Products division of Mercedes-Benz World at Brooklands.

The DR520 received a performance upgrade from Brabus, stats being: Dyno Rated at 520 metric horsepower equating to 513bhp, 479lb ft of torque, an additional c60hp and c37lb ft upgrade over the regular C63 AMG and 0-62 mph in 4.1 seconds for the saloon edition, with an electronically limited top speed of 187 mph. Fittingly, the AMG Performance Pack Plus comes as standard, and sees the fitment of a big-spec brake system with red callipers and Brabus engine upgrades: forged pistons, developed connecting rods and a revised crankshaft. The pack also added an AMG carbon fibre rear spoiler for the DR520 saloon.

DR520s were only available as either black matt or white matt wrap finish. Interiors are upholstered in leather, alcantara with either red or white stitching.

With only 20 examples of this limited edition in existence, we believe this is a rare opportunity to acquire a Brookland's Special and further believe this is the first to be offered by auction. Details on the particular car offered are:

Mercedes C63AMG DR520 4DR Saloon 7 Speed Auto with Paddleshift - 2010 (60)

Date of Registration: 21/10/10

Colour: Matt White

Odometer: circa 8450 miles.

Specifications:

Half Leather/Alcantara Seats with Red stitching and 'DR520' stitched in front seats, AMG Body styling with carbon trim package, DR520 Matt Black Grill, AMG Differential Lock, DR520 Limited Edition Package, DR520 matching Boot Mat and Floor Mats, COMAND APS DVD Navigation System, Digital Radio, IPOD Connection, Harmon Kardon Logic 7 Surround Sound System, Electric Glass Sunroof, Heated Seats (3 Stage), Luxury Auto Dual Climate Control, Cruise Control, E/Windows, Power Fold Mirrors, Park Sensors, Carbon Fibre Wing Mirror Covers and Boot Spoiler, Red Callipers, 19" AMG Alloy Wheels etc.

Number of Keepers from new: One

HPI Status: Clear

Offered Subject to Availability.

Viewing: Monday 25th July and Tuesday 26th July 2011 by appointment only between 9.30am and 4.30pm at Wyles Hardy & Co. Bovingdon.

Sale will close at 12.00noon Thursday 28th July 2011 subject to extended timings.

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Ok, so I'm making a lot of assumptions but why would you buy this car if your business was in trouble.

My link

BTW they'll probably only get £40k for this car. I know this due to the price of my A8 4.2 FSi which I got second hand for about £30k less than the new price.

I suspect a 5 litre engine is even harder to sell, as I know from a guy with a BMW 650i.

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BTW they'll probably only get £40k for this car. I know this due to the price of my A8 4.2 FSi which I got second hand for about £30k less than the new price.

I suspect a 5 litre engine is even harder to sell, as I know from a guy with a BMW 650i.

6.2 litre is it not?

And it's white. Nice car though.

All these types of cars plummet in value once they've been driven off the forcourt.

White vinyl wrap iirc. Dark grey underneath too.

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I've rarely seen a business where flash cars have been the direct cause of its demise.

Bear in mind what a single full time employee would cost you a month would get you into a £50k car on HP - more on contract hire/balloon payment type things.

Not sure if the business had bought this outright - as it's not one back to a finance company - so not sure why it wasn't sold to prop up the company - my first guess would be HMRC pulling the plug on time to pay arrears so might have been very short notice.

Possible the car was on finance but in positive equity and the receivers have settled the account to release the equity for their/creditor's benefit - which seems a bit risky, with huge backfiring potential.

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  • 333 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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