Just an FYI Here is an ex-show car that had cost almost $800,000 to produce, yet is expected to sell for less than $50k at auction. All those developmental dollars seem to go right up in smoke(tire smoke that is
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Former MG Show Car on the Block
This MG prototype X-Power SV will be auctioned by Coys during their February 27 auction in London.
English auction house Coys will be brokering a very special MG during their February 27 auction in London; the car is known by the internal code name XP3, and is a prototype X-Power SV that was built by Dove Engineering on behalf of MG Sports and Racing at a cost of 400,000Pounds. This gunmetal gray over gray and orange car was on the MG stand at the 2002 Birmingham Motor Show, as well as being featured in all of the X-Power marketing campaigns and the MG SV video. According to the auction house, the car has been significantly upgraded to meet U.K. Driver and Vehicle Licensing Agency and Single Vehicle Approval certification, and will be sold with a MoT. It is said to be in very good condition, with the carbon fiber body, leather interior and 4.6-liter, 320hp aluminum V-8 in excellent order; it is expected to sell for roughly 22-26,000Pounds.