Nathan Tinklers FG GT's repossed

[Eaturbo]

Was looking at a FG GTE 335 today and a beautiful car, White with red interior done 3000 Kim's. Saleman comes out and says nice car hey, use too be Nathan Tinkler's car. Fair enough I have a look at the books and its got Tinkler Affairs pty ltd. than he tells me they also got his GT black edition manual sedan done 900 Kms and they had already sold it to some bloke in Adelaide. Here is link to GTE http://www.carsales.com.au/dealer/de...?Cr=11&sdmvc=1 . Cars been sitting around in Australia since he moved to Singapore, salesman said it had shoes $120 cash in the centre console plus other stuff and was sold to them as is. They apparently repossed everything they could get there hands on to repay depts. GTE is as new and I could not find one fault with it, bloody beautiful.

[barnz_xr8]

who the hell is Nathan tinkler lol ??

[DBourne]

So, in other words, it's probably been flogged hard, and the drivers seat bolsters will be shod!

[blackf6]

I looked at that too. Nice car, except the missus slapped me up the side of the head.

[malazn mafia]

Don't know who the hell Tinkler is, but he does have some fine taste in motor vehicles..

[Ben73]

He has no luck with cars.
Back before he was broke, someone stole his Ferrari from his garage at night, then took it bush bashing and burnt it out.

[GSPSI]

Nathan Tinkler is MY Friend.
Yes.

[Simple6]

http://en.wikipedia.org/wiki/Nathan_Tinkler

Biggish news in NSW a couple of years ago. Made a billion dollars or so with mining companies and then went bankrupt.

Owned all of or parts of Newcastle Jets and Newcastle Knights at times.

[BHDOGS]

How the **** do u go from being a billionaire to broke

[Motorbreath310]

Originally Posted by Ben73

He has no luck with cars.
Back before he was broke, someone stole his Ferrari from his garage at night, then took it bush bashing and burnt it out.

I remember reading an article about the young guy that did that. It was a Ferrari California, and He took that as opposed to anything else in the garage, because the speedometer reading went the highest......

Edit: come to think of it, that may have been in a ZOO mag, so take it with a kilo of salt.

[Motorbreath310]

Originally Posted by BHDOGS

How the **** do u go from being a billionaire to broke

Frivolous spending, and a lot of His net worth was tied up in assets. He owned (may still do) a 21% stake in Whitehaven coal, and lost something like 600 million over a botched takeover bid which seriously impacted their share price. Someone else will be able to clarify better than I can.

[Luke Plaizier]

Still owns Knights, although handover is imminent. Players are complaining they're not getting paid at the moment, or getting Super payments.

Of more relevance to the motoring scene, Tinkler was lining up to buy a stake in DJR years ago when the Schwercholt stink was in full swing in 2010, so it sounds like he's a bit of a Ford man. It was apparently some journalist that broke the news during Tinkler's usual brinksmanship negotiations, and Tinkler backed away from the deal. DJ was ropeable and wanted someone's head on a plate. I have a feeling that was when he also found out he needed to get some 'rust' (cancer) cut out too, so it wasn't a year full of much in the way of good news - other than winning the championship.

In hindsight, that journalist should be thanked for keeping Tinkler out of V8's, considering the damage he's doing to the pig-skin kickers in Newcastle. DJR do seem to be gaining their strength back again. The Penske buy-out rumours (or partnership? DJ seems like he'll never bloody well give up - he's still honouring the debt he feels he owes the public from 1981. It's OK DJ, consider us paid back.) won't be hurting him either.

Tinkler has also been seen undergoing questioning at some of the corruption enquiries recently as one of the alleged corrupt contributors - these are the ICAC sessions that have been felling state Liberals almost by the dozens in recent weeks.

So you don't know who Nathan Tinkler is eh? It must be nice living in bubble-world.


Lukeyson

[xxx000]

those red seats look terrible, are they standard?

[Morexbs]

Originally Posted by BHDOGS

How the **** do u go from being a billionaire to broke

By throwing it around like a drunken sailor (or a Labor government).He bought a heap of racehorses and sports teams and pretty much everything he touched turned to excrement.
The title of a book about him sums him up-Boganaire.

[XR Martin]

He was never rich in the first place, it was all speculative wealth.

Theres a big difference to having a billion dollars of actual money, than having something people think it worth money and then borrowing money against its apparent value.

[duaned]

He's a fat **** so even after 3000kms the bolsters in the driver's seat would be stuffed!

[cheap]

Originally Posted by XR6 Martin

He was never rich in the first place, it was all speculative wealth.

Theres a big difference to having a billion dollars of actual money, than having something people think it worth money and then borrowing money against its apparent value.

He faced court a few months ago over the failed Whitehaven deal and stated that his Mrs held all the money +$1 Billion dollars!

The same time he is virtually broke, living of the generosity of his wife, he can not pay his workers, bills etc. Flogging off "assets" as quickly as possible, he is also neck high deep in trouble with ICAC.

[Blue Roo]

Couldn't happen to nicer guy!
Oh, how I love karma!

[janddbone]

Just refinanced a major coal mine for $150 million and is back into it... Would nit mind his contacts and brains no matter what people think of him...

[Smoke Pursuit]

I was going to buy that GTE.

Put an offer in on it a while ago, but they refused. Its a beautiful car.

[Polyal]

Originally Posted by DASH GT

I was going to buy that GTE.

Put an offer in on it a while ago, but they refused. Its a beautiful car.

THIS! Minus the offer..the seats half make the car.

Mark my words it will (and does) make GTE's in the future /old man voice

[Smoke Pursuit]

Yes the stopped doing the red seats on the MKII's (I had a fight with the dealership over that because the car is a MKI).

At the time I was looking at it they wanted $64,000. Still cheap but it is a 3 year old car with no factory warranty left (not that I was too concerned). I offered them $60,000 for it and was prepared to fly up and get it on the weekend.

Ended up with a Merc instead :$ lol!

Theres an F6E I was looking at in Sydney too, but they would budge on price. Now its been gutsed too. Ex FMCO.

[FairmontGS]

Great car but I would have to whack some seat covers over that. Yeeeessshhhh

[buggerlugs]

I think Mr Tinkler has bigger issue's than losing a couple of cars.....................

[Polyal]

Originally Posted by FairmontGS

Great car but I would have to whack some seat covers over that. Yeeeessshhhh

So wht 70's trim does the XB have?

[commonrails]

Heck 60K for a MKI SCV8 GTE, makes that 2012 MKII at city ford mid last year for 56k sound like a bargain. Still kind of think I should of bought it instead of the GT.