SK performance in Bolton goes into liquidation 40 cars seized

CatmanV2

CatmanV2

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48,879
mjheathcote said:
Not if they sold it before they went bust, they are acting on behalf of the car's owner.
Its the window between the car being sold and they receiving the money, and the money being passed onto the now previous owner.
The butt clenching time, you don't own the car anymore, and the dealer has your money.
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I tend to agree, Mike :(

C
 
mjheathcote

mjheathcote

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If its sold on commission, and the dealer has received the money for the car, you don't own the car anymore....however.....as I stated earlier, it also depends on the contract agreed for the commission sale. 'Title remains with seller until payment received in full', or something similar.
Sometimes its just a handshake however, with no contract, which is worth nothing.
It's a mess, that is all we know.
 
M

MAF260

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7,662
I'm not disagreeing, Mike. Just making the point that your comment came across as fact rather than conjecture. Unless I've missed something, the owner hasn't confirmed the car has been sold, or indeed knows the current location of the car.
 
mjheathcote

mjheathcote

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MAF260 said:
I'm not disagreeing, Mike. Just making the point that your comment came across as fact rather than conjecture. Unless I've missed something, the owner hasn't confirmed the car has been sold, or indeed knows the current location of the car.
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...which is very alarming.
 
mjheathcote

mjheathcote

Centenary Club
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9,046
Hopefully some good news, sounds as though they are in receivership, and not under liquidation:

https://www.facebook.com/SKPerformanceUK

Posted within the last hour.

Dear valued customer's, we apologise for the inconveniences caused due to our temporary closure.
We haven't gone into liquidation as suggested by the newspapers.
Our premises will re open for business within the next 10 working days.
All our customers who currently have vehicles with us, or any other business dealings will be contacted within the next 5 working days.
Thank You
Team SK Performance Cars
 
Andyk

Andyk

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61,197
That's better news for you Masermarkp. Hope you get it sorted quick...As you say what a mess.
 
safrane

safrane

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You would think the first thing any decent company would do is call their customers... Not take up to 10 days to call them...I would pull the car back at the first opportunity.
 
drewf

drewf

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7,159
It will be the IPs who call the customers when they have ascertained the current true position - they will be calling the shots now.
 
K

Kris

New Member
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6
Morning,

I have just spoken to the liquidisers who attended and yes the newspapers are correct. The Facebook message is a load of ****.
I've also spoken to the DVLA who advise MY name isn't on the V5 anymore... so legal advice is the way forward for me, as I currently stand I'm 52k out of pocket!
 
CatmanV2

CatmanV2

Member
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48,879
Kris said:
Morning,

I have just spoken to the liquidisers who attended and yes the newspapers are correct. The Facebook message is a load of ****.
I've also spoken to the DVLA who advise MY name isn't on the V5 anymore... so legal advice is the way forward for me, as I currently stand I'm 52k out of pocket!
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Very ungood :(

But liquidisers made me smile.

C
 
Contigo

Contigo

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But V5 is nothing, it does NOT provide proof of ownership. V5 is details of registered keeper and basically a liability document for speeding offences etc....

I guess all you need is a purchase invoice detailing when you bought the car etc and in the eyes of the law you are the owner. I am willing to bet that the new owner (whoever is trying to register for a V5C) doesn't have a receipt and as Mark says is trying to SCAM and recover some money back.

i really hope Mark sorts this. Didn't you recently buy a Maser?
 
K

Kris

New Member
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6
The owner of SK Performance has been selling the cars but keeping so of the money himself.. this is why the cars have been seized and the police were involved.
 
M

MAF260

Member
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7,662
Kris said:
The owner of SK Performance has been selling the cars but keeping so of the money himself.. this is why the cars have been seized and the police were involved.
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Scum. I hope Mr Shan Fiaz of
25 PHILIPS PARK ROAD EAST
WHITEFIELD
MANCHESTER

M45 7EH

gets his just desserts. A cautionary tale for anyone considering SoR or commission sale of their car - keep all documentation, spare keys etc and don't hand them over to the dealer. Should make it more difficult to sell a car without your knowledge or consent.
 
M

mobobat1997

New Member
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1
redsonnylee said:
It was the Blue Monte Carlo M5 with 15,000 miles.
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Hi redsonnylee SK performance has gone down but have a look at two trustworthy stores I know
First is AAperformance Hasnt currently got any M5's in but I know he can get a few in for you.
http://www.aaperformance.co.uk/

The second is a company called Blue Ribbon cars He has two M5's in both well under 15000 miles but they dont have the blue
http://www.blue-ribboncars.co.uk/used-cars/search-results?make=BMW&model=M5
 
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