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Old 03-24-2011, 04:26 PM
Stefano Stefano is offline
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Default Re: Kevin Hand Collector Car Collection at Auction

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: iluv69s</div><div class="ubbcode-body">Stefano...I appreciate your response..the fact that you did not answer my specific question asking if private verbal/handshake deals are ever made between auctioneers and sellers ín order to protect the sellers speaks for itself.

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I thought I did answer that question prior?

&quot;There was absolutely no agreement with me or R&amp;S to protect any of your cars, prior to the auction.&quot;

I have a series of texts and emails regarding this situation and not once is there a discussion of a guarantee or protection. We did however discuss estimated expectations for the collection.

I am not a lawyer and don't want to pretend to be one.

I personally do not recall EVER consigning a car to a collector car auction, on just a handshake and without a written contract, nor have I ever seen a reason not to have one? They are designed to protect both buyers and sellers from any such issues and clearly spell out the terms, between all of the parties involved.

The contracts have certainly changed over time, but all I have seen have the standard legal clauses in which the only valid contract is that which is in writing and any verbal agreements are null and void, unless put in writing.

R&amp;S would not accept a no reserve vehicle with a buy back option. There was no deal verbal or written to protect any of Kevin's cars with the auction.

If and when a &quot;reserve&quot; deal is changed on the block a new contract is signed right then and there.

&quot;Regardless if at an auction or anywhere else in life...When did a man´s word stop meaning anything?? My word is my character..I stand by it. Am I the only one here that disagrees with this statement??&quot;

We stand by our word, always have and always will!

Our family has had a dealer licence for over 30 years, we have baught, built, restored and sold more than just a few cars.
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