thescrapman Posted November 10, 2020 Report Share Posted November 10, 2020 Well all I can say is wow! There is certainly no shortage of money amongst the Triumph community. The priCes were way beyond my means. £62k for the TR5, plus £24k buyers premium and VAT. £86k and it is not even complete! Unbeleivable. 1 Link to comment Share on other sites More sharing options...
AndyTV8 Posted November 10, 2020 Report Share Posted November 10, 2020 3 hours ago, thescrapman said: Well all I can say is wow! There is certainly no shortage of money amongst the Triumph community. The priCes were way beyond my means. £62k for the TR5, plus £24k buyers premium and VAT. £86k and it is not even complete! Unbeleivable. I understand that The VAT on this (and some other lots) was only due on the buyers premium itself, not on the final bid, so total was less at a little over £73k..... still - in my view - a crazy price! ...... Andy (the administrator, and therefore the creditors, will be smiling) Link to comment Share on other sites More sharing options...
Bob Horner Posted November 10, 2020 Report Share Posted November 10, 2020 1 hour ago, AndyTV8 said: the administrator, and therefore the creditors, will be smiling) Well, the liquidator will be smiling -and possibly the bank and hmrc, but I doubt the general unsecured creditors will get a look in - they don’t usually.....!! Bob Link to comment Share on other sites More sharing options...
AndyTV8 Posted November 10, 2020 Report Share Posted November 10, 2020 25 minutes ago, Bob Horner said: Well, the liquidator will be smiling -and possibly the bank and hmrc, but I doubt the general unsecured creditors will get a look in - they don’t usually.....!! Bob it will depend on the amounts owed from this sorry tale...... but, yes, HMRC will always be first in the queue ....... Andy Link to comment Share on other sites More sharing options...
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