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An audiophile and petrolhead's journal: Buckle up! - Page 424

post #6346 of 7318

Maybe they'll be bought out or supported by a single major automaker like Guigiaro and Pininfarina.

post #6347 of 7318
If it's 2.7M Euros plus assuming the current debt, it could be a whole lot more than 2.7M Euros...

I'm thinking she should have spent more time getting customers and less time posing for pictures...
http://www.lillibertone.it/defaultuk.htm
Edited by billybob_jcv - 3/18/14 at 7:34am
post #6348 of 7318
Thread Starter 
Quote:
Originally Posted by Hutnicks View Post


F that. You going to let some turkish fools grab it for 2.7Meg? Lawyer up. If nothing else the Tradename will be worth 10 times that.

Buying the brand is one thing, digging them out of their economic hole is quite another. Then you add capitalization expenses for future products, overhead, and opportunity cost and it skyrockets.

Quote:
Originally Posted by billybob_jcv View Post

If it's 2.7M Euros plus assuming the current debt, it could be a whole lot more than 2.7M Euros...

I'm thinking she should have spent more time getting customers and less time posing for pictures...
http://www.lillibertone.it/defaultuk.htm


Quick napkin math says that buying them, paying their debt at an accepted 50%, and funding them for 48 months, which is an optimistic time frame for turning things around (more like 60-72), would place the investment in the $55-70M range, at least, and that's more than the entire endowment I've allocated for the garage/collection. There's no way a sane individual, who isn't a billionaire, would do that. Larry Ellison is a huge car nut, maybe he should check it out? wink.gif
Edited by Magick Man - 3/18/14 at 10:35am
post #6349 of 7318
Thread Starter 
The Pinto's more exotic French cousin on fleabay, here. I've bid on it, just to see where it goes.
post #6350 of 7318
Quote:
Originally Posted by Magick Man View Post


Buying the brand is one thing, digging them out of their economic hole is quite another. Then you add capitalization expenses for future products, overhead, and opportunity cost and it skyrockets.
Quick napkin math says that buying them, paying their debt at an accepted 50%, and funding them for 48 months, which is an optimistic time frame for turning things around (more like 60-72), would place the investment in the $55-70M range, at least, and that's more than the entire endowment I've allocated for the garage/collection. There's no way a sane individual, who isn't a billionaire, would do that. Larry Ellison is a huge car nut, maybe he should check it out? wink.gif

That would largely depend on Italian and international law. There may in fact be debt relief and or protection along the line somewhere.

 

Quote:
Originally Posted by Magick Man View Post

The Pinto's more exotic French cousin on fleabay, here. I've bid on it, just to see where it goes.

Hey, if you don't like French cars stay away from them. No need to be insulting:D  That was Delorean's choice as personal vehicle and consequently his inspiration for his car.

Save your money for a Mangusta or the Bertone Buy out.:wink_face:

post #6351 of 7318
Quote:
Originally Posted by Magick Man View Post

The Pinto's more exotic French cousin on fleabay, here. I've bid on it, just to see where it goes.

 

That's interesting, certainly a "dare to be different" car.  You sure wouldn't have to worry about seeing any others around.


Edited by Achmedisdead - 3/18/14 at 11:35am
post #6352 of 7318
Thread Starter 
Yeah, it is cool, and it IS one of the inspirations for the Pinto's look, I didn't say anything about chassis or layout. Obviously the Alpine is superior in every imaginable way, except perhaps flammability.
post #6353 of 7318
Quote:
Originally Posted by Magick Man View Post

Yeah, it is cool, and it IS one of the inspirations for the Pinto's look, I didn't say anything about chassis or layout. Obviously the Alpine is superior in every imaginable way, except perhaps flammability.


They both debuted in the same year, how could one have influenced the other? Not being nasty here, pure curiosity.

post #6354 of 7318
Thread Starter 
Well, the A310 was shown in Geneva in mid`68 and the Pinto was first presented as a clay model in Dec `68, hastily finalized as a design in 6 months (based on the European Escort chassis), and put on sale in Sept of `70. Not to say it's entirely the A310's fault, but it does appear that the chicken preceded the egg, here.
post #6355 of 7318
Quote:
Originally Posted by Magick Man View Post

Well, the A310 was shown in Geneva in mid`68 and the Pinto was first presented as a clay model in Dec `68, hastily finalized as a design in 6 months (based on the European Escort chassis), and put on sale in Sept of `70. Not to say it's entirely the A310's fault, but it does appear that the chicken preceded the egg, here.


And wound up being a Mexican omlette not less.:wink_face:

post #6356 of 7318
I have never understood French car design. It seems like they shot their wad during the golden age of Delahaye, Delage & the original Bugatti. Since then, they just seem to march to the beat of a different tune than everyone else.

For example, the Poinard, from 1951:




I just don't get Peugeot, Citroen and of course...

post #6357 of 7318
Quote:
Originally Posted by billybob_jcv View Post

I have never understood French car design. It seems like they shot their wad during the golden age of Delahaye, Delage & the original Bugatti. Since then, they just seem to march to the beat of a different tune than everyone else.

For example, the Poinard, from 1951:




I just don't get Peugeot, Citroen and of course...


R5's are just gobs of fun:)

The Facel's seemed to find some favour.

The Citroen was and still is good enough that many, including Rolls Royce licensed the hydro-pneumatic suspension system.

Then again I may be slighly biased. My Father was the first Citroen dealer in Canada.

post #6358 of 7318
Quote:
Originally Posted by billybob_jcv View Post

I have never understood French car design. It seems like they shot their wad during the golden age of Delahaye, Delage & the original Bugatti. Since then, they just seem to march to the beat of a different tune than everyone else.

For example, the Poinard, from 1951:




I just don't get Peugeot, Citroen and of course...

 

My mom's friend had a LeCar back in the day....she went from one of the awful dog-tracking mid-1970s Chevy Novas (an automatic that would actually lug the transmission along in top gear, did not want to downshift at all) to the LeCar. Not sure if that was an upgrade, or a side-step....lol.

post #6359 of 7318
Heard outside the Citroen HQ in 1975: "I can't imagine anyone needing more than 35 HP." tongue.gif


post #6360 of 7318
Quote:
Originally Posted by billybob_jcv View Post

Heard outside the Citroen HQ in 1975: "I can't imagine anyone needing more than 35 HP." tongue.gif



And yet.......

 

 

My father had a unique way of selling the 2CV. He had a rather large lot and told anyone who was interested that if they could manage to put one on it's side he'd give them a 2CV for free.

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