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CyberJack, are you saying that the VC125 mark III model effectively took over from the Impala 2 or did a VC 125 with this exact same base and engine cover sell concurrently with the I2
I think Victa may have realised their blunder (or maybe ... strategy).
For some time Victa had a single flagship model... but they always
shadowed it with a 125cc model - I guess as an up-sell strategy.

When the VCs were released in 1970, the flagship was the VC160;
the shadow was the VC125.

This strategy seems to have changed with two flagship models in 1974:
The VC Mustang, and VC Sports of 1974 - both 160cc.
It seems obvious that the new VC125 would be the shadow -
given the successful advertising campaigns for the VC mowers.

Because the Impala 2 and the new VC125 were almost identical, it
appears to me that one had to go. The animal was sacrificed.

I might add - out of interest - that the Impala 2 was the first
outing of Victa's new 'race bred' styling - that would be used next
season for the VC Sports and new-styled VC125.
[when you look at the dress cowl in profile, it looks like an automobile].

This is why I think the Impala 2 is a rare beast - it sold for just one
range year, alongside the older-styled VC125.

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Jack