LeeM Posted 20February, 2019 Report Share Posted 20February, 2019 Apologies if it's been posted before Try this one https://www.whichcar.com.au/news/gosford-classic-car-museum-closes-its-doors Link to comment Share on other sites More sharing options...
Raven Posted 20February, 2019 Report Share Posted 20February, 2019 I may be able to get myself a cheap Carrera GT now .............. If the article is true then that is a shame ,,,great collection . Link to comment Share on other sites More sharing options...
TwoHeadsTas Posted 20February, 2019 Report Share Posted 20February, 2019 11 minutes ago, Raven said: I may be able to get myself a cheap Carrera GT now .............. If the article is true then that is a shame ,,,great collection . I wonder how many people will be happy that Lloyds will be handling the auction? I wonder how they will answer any provenance questions..... Actually they let me crawl over the Carrera GT when we called in, very nice of them I thought... Link to comment Share on other sites More sharing options...
Airhead Posted 20February, 2019 Report Share Posted 20February, 2019 Have to subscribe to read this Lee. Link to comment Share on other sites More sharing options...
LeeM Posted 20February, 2019 Author Report Share Posted 20February, 2019 40 minutes ago, Airhead said: Have to subscribe to read this Lee. Ah shit. It was ok to read then went private. I friggin hate that! Try the other link above mate Link to comment Share on other sites More sharing options...
Troubleshooter Posted 20February, 2019 Report Share Posted 20February, 2019 Pity. Will be a really interesting auction though, certainly worth having a look. Link to comment Share on other sites More sharing options...
TINGY Posted 20February, 2019 Report Share Posted 20February, 2019 I heard about this several weeks ago, someone i know purchased a racecar from their old buyer. Link to comment Share on other sites More sharing options...
Peter M Posted 20February, 2019 Report Share Posted 20February, 2019 Been there once and quite enjoyed it but it was sham. Call your caryard a museum so you don't have to pay LCT. I guess it was only a matter of time before the ATO caught up with them. Maybe this is my chance to buy a Tatra! Link to comment Share on other sites More sharing options...
TINGY Posted 20February, 2019 Report Share Posted 20February, 2019 13 minutes ago, Peter M said: Maybe this is my chance to buy a Tatra! Funny guy, oh wait, you did buy an old Jag and you do have that old red thing that doesn't run Link to comment Share on other sites More sharing options...
Rick V Posted 20February, 2019 Report Share Posted 20February, 2019 Never good to see business closures and job losses, but sounds like their business model was never going to be sustainable. Will be an interesting auction to watch ..... but why Lloyds??.... I’ve not heard a good thing said about how they (mis)conduct their auction process. Link to comment Share on other sites More sharing options...
Peter M Posted 20February, 2019 Report Share Posted 20February, 2019 1 minute ago, TINGY996 said: Funny guy, oh wait, you did buy an old Jag and you do have that old red thing that doesn't run Actually the Jag doesn't run either! 😊 https://gosfordclassiccars.com.au/vehicle/tatra-600-tatraplan-1950/ Link to comment Share on other sites More sharing options...
LeeM Posted 20February, 2019 Author Report Share Posted 20February, 2019 1 minute ago, Rick V said: Will be an interesting auction to watch ..... but why Lloyds??.... I’ve not heard a good thing said about how they (mis)conduct their auction process. Probably like our politicians, sweetheart deals between mates Link to comment Share on other sites More sharing options...
TINGY Posted 20February, 2019 Report Share Posted 20February, 2019 4 minutes ago, Peter M said: Actually the Jag doesn't run either! 😊 https://gosfordclassiccars.com.au/vehicle/tatra-600-tatraplan-1950/ It will be cold up that way riding that horse to work in winter. Link to comment Share on other sites More sharing options...
Raven Posted 20February, 2019 Report Share Posted 20February, 2019 4 hours ago, TwoHeadsTas said: I wonder how many people will be happy that Lloyds will be handling the auction? I wonder how they will answer any provenance questions..... Actually they let me crawl over the Carrera GT when we called in, very nice of them I thought... Yes it is a pristine low mileage example I saw the car at CTS last year I think they were asking $1.4 M for it at that time ,,,,wonder if they take Nigerian Bit coin ????????? Link to comment Share on other sites More sharing options...
ANF Posted 20February, 2019 Report Share Posted 20February, 2019 If I am not mistaken, Museums run under similar rules to charities when it comes to tax, they are NFP, which is at odds with selling cars.... I am surprised they got away with it for so long?! Link to comment Share on other sites More sharing options...
Raven Posted 21February, 2019 Report Share Posted 21February, 2019 True I always thought they were also a licence car dealer of some kind as they seemed to flip a lot of cars through the Museum over the past few years and through CTS ,,,,there was even a area dedicated to car sales at the museum site , many cars on display also had signs to enquire if interested in purchasing ..Very strange arrangement that obviously wasn,t 100% legit and some how avoid relevant tax,s that go with numerous sales ... Link to comment Share on other sites More sharing options...
TwoHeadsTas Posted 21February, 2019 Report Share Posted 21February, 2019 2 hours ago, ANF said: If I am not mistaken, Museums run under similar rules to charities when it comes to tax, they are NFP, which is at odds with selling cars.... I am surprised they got away with it for so long?! Correct eg Motor Museum in Launceston that I've just become a director of is registered under ACNC Link to comment Share on other sites More sharing options...
ANF Posted 21February, 2019 Report Share Posted 21February, 2019 2 minutes ago, TwoHeadsTas said: Correct eg Motor Museum in Launceston that I've just become a director of is registered under ACNC Cool, "cheap" tickets Link to comment Share on other sites More sharing options...
TwoHeadsTas Posted 21February, 2019 Report Share Posted 21February, 2019 Not sure whether that's compensation for the number of hours I suspect I'll be putting in....😧 Link to comment Share on other sites More sharing options...
ANF Posted 21February, 2019 Report Share Posted 21February, 2019 6 minutes ago, TwoHeadsTas said: Not sure whether that's compensation for the number of hours I suspect I'll be putting in....😧 I meant for ME!! Link to comment Share on other sites More sharing options...
TwoHeadsTas Posted 21February, 2019 Report Share Posted 21February, 2019 Just now, ANF said: I meant for ME!! Oh😁 Link to comment Share on other sites More sharing options...
LeeM Posted 21February, 2019 Author Report Share Posted 21February, 2019 2 hours ago, Raven said: True I always thought they were also a licence car dealer of some kind as they seemed to flip a lot of cars through the Museum over the past few years and through CTS ,,,,there was even a area dedicated to car sales at the museum site , many cars on display also had signs to enquire if interested in purchasing ..Very strange arrangement that obviously wasn,t 100% legit and some how avoid relevant tax,s that go with numerous sales ... Maybe they were trying to pull the 'Well its actually not for sale, but you CAN buy it...wink wink' to avoid the taxes Link to comment Share on other sites More sharing options...
Raven Posted 21February, 2019 Report Share Posted 21February, 2019 23 minutes ago, LeeM said: Maybe they were trying to pull the 'Well its actually not for sale, but you CAN buy it...wink wink' to avoid the taxes Not sure Lee ,,,the cars in the dedicated for sale area at the museum all had prices on them and there would have been around 25 to 30 cars in that area on the 3 times I visited ,some in very good condition and others in need of restoration ,,,they were generally always at the high end of the market price too. We also saw many adverts on Carsales with many of these cars and some display cars up for sale over the past few years ... They also sold a one of a kind Black on Black phase 3 GT HO for some record amount of money well over $million may be 2 years ago ,,it was a very high profile sale that raised a lot of attention at the time perhaps that was the car that got the ATO looking into their business dealings .. Link to comment Share on other sites More sharing options...
LeeM Posted 21February, 2019 Author Report Share Posted 21February, 2019 Ah gotcha @Raven I thought the museum was separate from the sales side of it Link to comment Share on other sites More sharing options...
JWM Posted 21February, 2019 Report Share Posted 21February, 2019 I asked and got a price on a car that was on the “museum” side. They were definitely taking the piss to some degree from the get go it seems... Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.