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PostPosted: Fri Apr 15, 2011 8:34 pm 
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998cc
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sgc wrote:
owen1975richard wrote:
I think a lot of people were holding offers.


But that's the point - "a lot of people" would not have been given the opportunity to buy the cars, regardless of their offer. The right buyer was found on the strength of their credentials, not their chequebook.


We don't know who was interested, so it is all academic. Brian Foley might have wanted it back for all we know! :wink:

It would have been great to have established a market value for an Aussie 'S' with race history, is it as valuable as a Works car or only a bit more than a normal 'S'....it could have dragged all the mini values up! :D


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PostPosted: Fri Apr 15, 2011 9:26 pm 
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1275cc
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Mike_Byron wrote:
I drove the Paddy car many times in its prime - it was my brothers - glad you are going to it it justice.

Mike

I probably pee'd on the passengers seat - does that count?

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PostPosted: Fri Apr 15, 2011 9:41 pm 
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Dont admit tp that KB, you were six or seven - well byond normal toilet training unlesd you had a psychosis of some sort ???


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PostPosted: Fri Apr 15, 2011 11:05 pm 
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:lol:

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PostPosted: Fri Apr 15, 2011 11:24 pm 
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Mike_Byron wrote:
Dont admit tp that KB, you were six or seven - well byond normal toilet training unlesd you had a psychosis of some sort ???


well he does own a Renault...


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PostPosted: Fri Apr 15, 2011 11:50 pm 
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Stop crying poor guys the deal has been done and its Maybellene decision. She could have sold it to the first person that offered any sort of money but she waited for the person to say the rite things to Her :!:
Greg, I and many other Trust with this piece of our History and specially Maybellene and thats the end of the story until Greg decides to restart it.
History has now changed Hands who has a Great respect for the History and will respect it.
Maybellene what you have done is a Great thing and You should be proud of Yourself for what you have achieved, Go forward from Here, You will always have Friends here :wink:

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PostPosted: Sat Apr 16, 2011 6:57 am 
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owen1975Richard, the car was advertised on here as well as 3 other Australian forums, and it was well over a month before Irene made a decision to sell the car. News of the cars availability reached as far as UK forums and not just confined to mini enthusiasts. Is that not open market enough??
If anyone was a true mini enthusiast they surely would have heard about the car.
Irene gave everyone an equal opportunity to express their interest in the car. If They really wanted the car and didnt take that opportunity bigger the fool them. Plenty of people say they would love to own it but how many are prepared to cough up the money and take on such a big undertaking of a restoration physically and financially....not many. Either way it is said and done. Time to move on and enjoy the next chapter for Paddy. G.

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 Post subject:
PostPosted: Sat Apr 16, 2011 10:52 am 
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I don't think he was crying poor or saying the market wasn't open enough.

Please don't turn this into an argument


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PostPosted: Sat Apr 16, 2011 6:24 pm 
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So what did they go for?

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PostPosted: Sat Apr 16, 2011 7:11 pm 
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Bubbacluby wrote:
So what did they go for?


Like you are gonna find that out! Very optimistic question if ever I saw one.

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 Post subject:
PostPosted: Sat Apr 16, 2011 7:12 pm 
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Hmm. dont ask - probably more than most want to pay but a lot less than their true value.

Just dont ask, I dont think the money was the prime concern

Mike


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 Post subject:
PostPosted: Sat Apr 16, 2011 7:17 pm 
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It went for something more important than money.


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PostPosted: Sat Apr 16, 2011 8:06 pm 
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bamnfi wrote:
Bubbacluby wrote:
So what did they go for?


Like you are gonna find that out! Very optimistic question if ever I saw one.


No harm in asking :wink:

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 Post subject:
PostPosted: Sat Apr 16, 2011 8:17 pm 
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Location: Caparra, NSW
Phew...............

I've just had a look at the last few posts and it would appear that the "battle" about who might buy and for what price is still raging.

I was contacted by six different people who were seriously wanting to purchase Paddy. As previously mentioned Greg was one of the first and also the only one to offer to take both cars. Since they were sold one other person has contacted me and did want both cars.

You will never hear from me what they were sold for and I very much doubt Greg will tell you either. That is between him and me.

There was a contract (bill of sale) between us that was properly set out and our signatures were then properly witnessed by two other people. That was to make it all legal and ensure the continutity of ownership. Also I have to account for the money paid to me.

No they did not go to the highest bidder, nor did they go to the lowest bidder. They went to the person that myself, my son and my close adviser thought was the right person.

For me - SUBJECT CLOSED - but I really look forward to the continuing saga and even more so to eventually being able to drive Paddy again.

PS - in case you are interested I won four classes at the Sydney Royal in my chosen breed (Belgian Bantams) but did not win Champion Belgian. That honour went to a very good looking bird owned by a 14 year old girl. She (and her mother) are over the moon with her win as she has been showing at the Royal for the past five years.


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 Post subject:
PostPosted: Sat Apr 16, 2011 8:18 pm 
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998cc
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Location: Down South
low'n blown wrote:
owen1975Richard, the car was advertised on here as well as 3 other Australian forums, and it was well over a month before Irene made a decision to sell the car. News of the cars availability reached as far as UK forums and not just confined to mini enthusiasts. Is that not open market enough??
If anyone was a true mini enthusiast they surely would have heard about the car.
Irene gave everyone an equal opportunity to express their interest in the car. If They really wanted the car and didnt take that opportunity bigger the fool them. Plenty of people say they would love to own it but how many are prepared to cough up the money and take on such a big undertaking of a restoration physically and financially....not many. Either way it is said and done. Time to move on and enjoy the next chapter for Paddy. G.


Quote from XXXX.com.au from Maybellene:

I did have my own ideas on what "the lot" was worth but my main problem was the length of time it has all been stored and the general deterioration because of that. That was also why I wanted to get it all sorted and (photo) catalogued and also establish a better time line for Paddy before putting it all out on the open market.

Then from Maybellene:

so far only one person has actually emailed me in depth giving me their name and details, why they should buy the car and their history with minis and mini restoration.

The response from forum members:

oh, blah blah blah. the fact that this group of people actually think they can earn a right to something by having some pedigree proves to me that they're all wankers. take it to auction. you don't owe them anything.
if you're really keen, send it to the UK and take it to auction. (ca-ching $$$$)


The response from Maybellene:

You are right - I don't owe any of them anything at all

The point I was making Greg, was that they were not actually advertised, rather interest was sought in their history with an intent to sell "when the time was right" (given the vendors loss and the fact that restraint was needed by all). But some people chose to put their own interests first and as a result the cars were never placed on the open market. As I said right at the start, the outcome is good (I am glad they are staying in Aust - However, I think you are overestimating their global appeal). It is just a shame that everyone with great credentials whom also demonstrated respect for the vendor did not get an opportunity. Now that is the vendors choice, but it doesn't remove the fact that it was a shame the market was not tested for the purpose of striking a value for racing mini's in Australia.

Happy to move on, best of luck with the restoration(s).


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