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Originally posted by Stavs
One of my customers has one sitting in there garage gathering dust, looks quite good condition ! Is it worth anything

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Originally posted by LiVe LeE
...
Few Facts:

The chassis was designed by Lotus
The body was manufactured by Hoover
It was the largest injection moulded product at the time by a far way
It was the first mass prodced item to use ultrasonic bonding to bond the upper moulding to the lower
12,000 have been sold and the production costs of each one was £22,000 but they sold for £400 origninally
[Edited on 21-08-2010 by LiVe LeE]

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Originally posted by alan-g-w

quote:

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Originally posted by LiVe LeE
...
Few Facts:

The chassis was designed by Lotus
The body was manufactured by Hoover
It was the largest injection moulded product at the time by a far way
It was the first mass prodced item to use ultrasonic bonding to bond the upper moulding to the lower
12,000 have been sold and the production costs of each one was £22,000 but they sold for £400 origninally
[Edited on 21-08-2010 by LiVe LeE]

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So they spent £264,000,000 on production costs... yet only made £4,800,000 out of them? Or am I missing something?

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Originally posted by alan-g-w
Still though, at 22 grand in todays money that's about 4 or 5 grand in their money. Losses of 3.5-4.5 grand per unit?

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Some Sinclair C5 geek
The C5 was launched in January 1985, initially for mail-order sales at £399, plus £29 delivery, making a total of £428.

By the Summer of 1985, Comet were selling C5s for immediate free delivery for £399.

By September 1985, when it was obvious that the C5 project was failing, Comet slashed the price of the C5 to £139.99 delivered.

After Sinclair Vehicles closed, a company in Liverpool bought the remaining 4500 complete C5s, and sold them for £699+VAT!

Sinclair Vehicles was initially financed by Clive Sinclair's sale of some of his shares in Sinclair Research, raising some £12 million.

After production stopped, Hoover, the C5 assembler, was still owed about £1.5 million by Sinclair Vehicles.

The best figures I can find add up like this:

£8.6m initial investment by Clive Sinclair
£5.9m additional cash from Clive
£6.4m debts at liquidation
£1.5m owed to Hoover at liquidation
4500 C5s sold at liquidation, raising perhaps £400,000

That's a total investment of around £22m!

If 12,000 C5s were produced in total, and the project cost £22 million, each C5 cost £1833 to make!

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Originally posted by 3CorsaMeal
A heavily modified C5 reached a top speed of 150 miles per hour (240 km/h) and accelerated from 0 to 60 mph in 5 seconds taking the speed record for an electric vehicle.[4] The C5 also became the world's first electric stunt vehicle when it was driven through a 70ft tunnel of fire.[5] A "turbo conversion" converting the C5 to 24 volts and boosting the speed to 27–30 miles per hour (43–48 km/h) is available

pmsl 150mph

what are they like up bigish hills? would be perfect for driving around Thaxted town

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Originally posted by alan-g-w
And meant to say, can't wait to see pics and videos of the Reliant. Things like that (the Minis with bike engines and stuff) usually go for 10k+ I thought?

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Originally posted by LiVe LeE
Bought into a Reliant Kitten last night; its essentially a 4 wheel version of the Robin but ours is fitted with a 1998 Yamaha R1 engine (on Carbs); Fully stripped and galvanised chassis, polycarb windows to go in; we've got two carbon bucket seats, digi dash and an all up weight of 410kg!!

Only things to buy to finish are harnesses and fabricate a roll cage. We have everything else we need so just need to spend some time on the body to clean it up.

Got it Very, Very cheap because the guy gave up on it after he couldn't get it running. Paul did a lto of work on the car for the previous owner including custom hubs to convert to disc brakes, full coilover covnersion from leaf springs on the rear. Paul managed to get it going in about 1 hour!

Not a photo of the actual one; ours is in bits but we have everything needed and just need time spent on it now.

I'll get actual photos over the w/e

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