 | Home > eBay & Bargain Spots > Twisted Series 11A |
 
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| camelman Member Since: 27 Feb 2013 Location: Peak District Posts: 3317  
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"From £98.5k + VAT" !!!
The 3 year offer ** Dun’t include the VAT element if purchased by a non VAT registered individual or business.' I assume this means you're 20% down (£20k) if you're not VAT registered. |
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29th Apr 2020 12:18pm |
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| Zed Member Since: 07 Oct 2017 Location: In the woods Posts: 3009 
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I saw that email and presumed they had overstretched themselves and are now experiencing cash flow issues.
Hope I’m wrong because I’m a fan. WARNING. This post may contain sarcasm. |
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29th Apr 2020 12:50pm |
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| Co1 Member Since: 19 Aug 2018 Location: North Yorkshire Posts: 3610 
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Was thinking the same. So far this year they have opened a workshop in the US and a sales outlet at silverstone, so plenty of investment for it all to get shutdown pretty much immediately.
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29th Apr 2020 12:59pm |
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| camelman Member Since: 27 Feb 2013 Location: Peak District Posts: 3317
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It's a bold move to bet that a £100k+ car will still be worth £100k+ in 3 years and 24,000 miles.
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29th Apr 2020 1:42pm |
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| blackwolf Member Since: 03 Nov 2009 Location: South West England Posts: 16857 
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Under the current circumstances I would think it's a bit of a gamble to assume that they'll still be around in three years to buy it back.
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29th Apr 2020 2:15pm |
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| Huttopia Member Since: 23 Feb 2016 Location: West Midlands Posts: 1965
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/\ what he said. It would be a shame as whilst not to all tastes they do some interesting stuff.
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29th Apr 2020 5:22pm |
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| GREENI Member Since: 22 Aug 2010 Location: staffs Posts: 10358
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Series 2a?
Or a ruined Puma for thrice the price of it’s actual worth  |
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29th Apr 2020 5:45pm |
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| GP1 Member Since: 30 May 2019 Location: Scotland Posts: 32 
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Agree with every single comment in this thread.
Smacks of desperation to me. Basically borrowed all the money they can and now offering a car as security against a loan from customers. Seems like they are so desperate to stay in business that short term cash flow is more important to them than the long term consequences of having to buy the car back. Also... still don’t see what makes it a ‘series 2a’. |
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29th Apr 2020 6:46pm |
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| GP1 Member Since: 30 May 2019 Location: Scotland Posts: 32
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Also seen that the owner of twisted has been selling everything he had lying around, including raffling a forward control (even disguising it as a charity auction).
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29th Apr 2020 6:48pm |
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| Co1 Member Since: 19 Aug 2018 Location: North Yorkshire Posts: 3610
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I know what you mean. I can’t fathom what makes this out as a 2a above anything else? |
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29th Apr 2020 6:51pm |
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| GREENI Member Since: 22 Aug 2010 Location: staffs Posts: 10358
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His ‘lightweight’ was best
Just tagging a name on to get media hype. Nearly as funny as the Cheshire guy who built the ‘ULTIMATE” 110, got a 110 truck cab, ruined it with tacky crap, used it as his ‘launch’ vehicle for his ‘Ultimate ‘ Land Rover’ conversion company, then asked £60k for it
It was truly truly terrible, it took him about 2 years sell it.... it sold for around £15k, that’s how terrible it was. In fact, it seems like it sold to a specialist. See it here; https://www.ebay.co.uk/itm/324138308046 Here’s when he reduced it loads, I took a photo of the sell sheet. Was £37k here 
 Click image to enlarge |
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29th Apr 2020 7:22pm |
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| GP1 Member Since: 30 May 2019 Location: Scotland Posts: 32
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Christ. That’s awful.
I suspect that the world generally is tiring of excess and over priced nonsense. To lay the blame for twisted current obvious issues entirely at the feet of the lockdown is probably to simplify the matter. I suspect most of his market migrated to the new defender. He is now left trying to service the £2.3m loan that he took out to buy the batch at the end of production. That debt coupled with all the above mentioned expansions and stocking finance etc, is probably taking its toll on the old cash flow. |
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29th Apr 2020 7:31pm |
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| Huttopia Member Since: 23 Feb 2016 Location: West Midlands Posts: 1965
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Wow, that Ultimate thing really is grim. It looks like it’s crashed into Halfords. 🤮
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29th Apr 2020 7:40pm |
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| grafty99 Member Since: 15 Aug 2012 Location: North Devon Posts: 4784 
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ULTIMATE CAPITALS
Also absolutely terrible 2002 90 Td5 Station Wagon
1990 Vogue SE Triumph Tiger Explorer 1200 Td5 90 Thread http://www.defender2.net/forum/topic50767.html Tdi 110 Thread https://www.defender2.net/forum/topic69562.html RRC Thread http://www.defender2.net/forum/topic54492.html Instagram http://www.instagram.com/george_grafton |
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29th Apr 2020 8:31pm |
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