2005 MG SV-R Xpower

58 Bids Winner - theredskin
8:15 PM, 05 Oct 2022Vehicle sold
Sold for

€44,500

Winner - theredskin

Background

The MG XPower SV sports car was produced by MG Rover, built in Modena, Italy, and finished at Longbridge, Birmingham.

The production model was launched in 2002, having been styled by Peter Stevens, the man responsible for the exterior design of the McLaren F1.

Having bought the Italian car manufacturer, Qvale, MG Rover imagined that by building a car on the same platform as the homologated Qvale Mangusta (which had started life as the De Tomaso Biguà), they might be able to build sales in the USA.

As it turned out, only 82 cars production cars were ever made. Just one was sold in the USA. Rowan Atkinson purchased an XPower SV in February 2005.

These were complex and expensive cars to build (and buy), not least because carbon fibre was used extensively in the production of the body panels.

The XPower SV-R, released in 2003, came with a 5.0-litre 32-valve V8 developing anywhere from 385 bhp to 410 bhp, depending on which source of information you consult.

The top speed was said to be 281km/h, with 100km/h mph coming up in just 4.9 seconds.

The SV-R cost £83,000 in 2003.

Only 42 of them were ever made.

MG closed its gates and went into administration in 2005.

  • SA9SVGCCN5M130620
  • 92 kms
  • 4997
  • manual
  • Black
  • Cream Leather
  • Left-hand drive

Vehicle location
Nieuw Vennep, Netherlands

Background

The MG XPower SV sports car was produced by MG Rover, built in Modena, Italy, and finished at Longbridge, Birmingham.

The production model was launched in 2002, having been styled by Peter Stevens, the man responsible for the exterior design of the McLaren F1.

Having bought the Italian car manufacturer, Qvale, MG Rover imagined that by building a car on the same platform as the homologated Qvale Mangusta (which had started life as the De Tomaso Biguà), they might be able to build sales in the USA.

As it turned out, only 82 cars production cars were ever made. Just one was sold in the USA. Rowan Atkinson purchased an XPower SV in February 2005.

These were complex and expensive cars to build (and buy), not least because carbon fibre was used extensively in the production of the body panels.

The XPower SV-R, released in 2003, came with a 5.0-litre 32-valve V8 developing anywhere from 385 bhp to 410 bhp, depending on which source of information you consult.

The top speed was said to be 281km/h, with 100km/h mph coming up in just 4.9 seconds.

The SV-R cost £83,000 in 2003.

Only 42 of them were ever made.

MG closed its gates and went into administration in 2005.

Overview

This car is offered from outside of the European Union. It has been imported under temporary admission customs bond and is therefore subject to Dutch import tax (9%) on top of the winning bid price. Cars less than 30 years old will pay 10% Dutch import tax plus 21% VAT on the hammer.

The winning bidder will receive a receipt for the final hammer value, as their proof of purchase.

This vehicle has been on static display for a number of years and the documented history available is limited to that displayed in our photography section.

We have not tried to start or drive the car, and cannot vouch for its mechanical viability or functionality. It will require recommissioning prior to road use and is sold ‘as seen’.

As CARS Europe BV is the guarantor of all customs duties and taxes for vehicles within Dutch customs bond, the car cannot be released to the buyer or transporter immediately after the sale. For all enquiries relating to Customs, please contact CARS Europe BV.

Purchases will only be released once cleared funds are received. All vehicles must be collected after the payment of funds. All storage charges must be paid in full prior to the vehicle’s collection or onward transportation.

Storage charges payment must be arranged with the storage company. Collection is strictly by appointment only.

Please send a booking email to the storage centre to ensure vehicle(s) are ready at time of collection. Photographic ID will be required at time of collection. If a third party is collecting for you, then written authorisation is required in advance from you and photographic ID of the third party is required at the time of collection. Collection either by buyer or third party is only possible for vehicles within customs bond if applicable import taxes paid are paid to import into country of bonded storage location.

As soon as The Market by Bonhams receives your payment, the accounts department will send a release note to the manager of the storage facility where your car(s) is stored.

CARS Europe BV will contact you just after the sale to confirm onward transport requirements. Direct contact at CARS for enquiries is as follows; Joanna Herlihy, +31 (0) 252 682 526, +44 7483 433912, joanna@carseurope.net.

STORAGE CHARGES

€30 + local VAT per motor car per day commencing from the sixth day following the auction end.

CUSTOMS CHARGES

€500 per motor car (plus applicable permanent import taxes from bond).


VIN: SA9SVGCCN5M130620.

In common with many vehicles from the vendor’s collection, the car comes with no history or service records.

The car starts and goes, although, as it needs recommissioning, we have only driven it a few metres. Therefore, we can only comment on its cosmetic appearance.

Having covered just 92 kms in its 17 years of life, the car is in pretty much showroom condition, inside, outside and underneath.

Exterior

All that separates this from being a brand-new car is the passage of time.

It certainly hasn’t been burdened by use, wear or kilometres, and that lack of activity is evident in the car’s impressive external condition.

The black paintwork gleams with a real depth of shine.

The bodywork has no dents, dinks or creases of any significance.

The panel gaps and shut lines are tight and consistent.

The car’s wheels, lights, lenses, badging and exterior trim are all excellent.

There is a scratch on the passenger-side front wing, and a few small scuffs below the front light cluster on the driver’s side, on the front wheel arch on the same side, and on the leading edges of the doors.

Interior

The good news continues on the inside, where the car shows equally few signs of age or use.

The very purposeful-looking interior (the racing harnesses are a clue to the car’s intent and potential) has barely been sat in and, accordingly, everything looks showroom-fresh.

The grey leather bucket seats are supportive, comfortable and functional all round.

The door cards are intact and undamaged although, if we’re being really fussy, the one on the passenger side looks slightly baggy.

The headlining, carpets and mats are all good, as is the interior of the boot.

So, too, are the dashboard, instruments and all other internal fixtures and fittings, as far as we can see.

The carbon-fibre inserts are in good order everywhere.

We can’t make any claims about the full functionality of switches, knobs, levers, toggles, buttons, dials or other electrics as we haven’t driven the car more than a few metres.

Mechanical

Everything in the engine bay is clean, dry and seems to be in its right and proper place.

The undersides of the car appear to have a good deal of structural integrity and look like those you’d expect to find on a car that has yet to get through its first tank of fuel.

History

This car doesn’t come with any history or service records.

It must be registered in the country of your choice and you will need to contact the appropriate vehicle licensing agency for instructions on how to do this.

Any paperwork shown in the gallery is a facsimile and in no way constitutes any kind of licensing or registration certification.

The documents in the photo gallery are photocopies.

Summary

This very rare car is effectively unused and has spent its life kept warm and dry on static display.

Provided, of course, that the engine and mechanicals are as impressive as the rest of it, this car just needs a new owner to impress with its performance and flair.

We’re confident to offer this car for auction with an estimate of €35,000 - €50,000.

Viewing is always encouraged, and this particular car is located in a bonded warehouse in Amsterdam, to arrange an appointment please use the Contact Seller button at the top of the listing. Feel free to ask any questions or make observations in the comments section below, or try our ‘Frequently Asked Questions’.

About this auction

Seller

Private: undefined


Viewings Welcome

Viewing is strongly encouraged, and is strictly by appointment. To book one in the diary, please get in contact.

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