Thread: 'New' 75 V8
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Old 23rd May 2020, 20:22   #18
marinabrian
 
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Quote:
Originally Posted by SCP440 View Post
Some one I know went down to see the car a few years ago and after looking around it offered about 75% of the asking price and he was told it is the price as advertised and that was it or he would keep it. He was not even interested in a deal

My guess by the time you have recommissioned it you will spend £5k easily but as soon as you drive it the value will fall if it. It needs to go to a museum or car collection and preserve it.
The price is the price? perhaps there may be a bit of creative accounting going on

When you look at the price being asked of other more run of the mill models being held in their stock, the stock would appear to be being counted along fixed assets to artificially inflate the value of the company.

If there are any accountants who would like to see if I'm talking through my hat, I've attached the unaudited financial statement up to the 2018 year end.

Brian
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File Type: pdf Unaudited account statements.pdf (98.6 KB, 31 views)
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