russo and steel chop job camaro copo

[SuperNovaSS]

There is no was that would happen. Hidden Vins are called hidden for a reason. To get behind a heater box on a GM car is usally a feat in itself. If it has AC, then forget about it. To expect the auction company to disassemble a restored car is rediculous. Would you expect to see the VIN behind the heater box when buying a restored car from a private party? Also, even if they are there it does not mean they were not spliced in.



Jason

[COPO 70 RS/Z28]

I agree there is no substitute for doing your homework! Im not implying that we want to buy first and ask questions later and push the ultimate responsibility on someone else,
but it seems that with the quality of some of the forgeries that have been discussed, putting a little more pressure on the seller could do nothing more than help everyone involved.

Having confidence in the product will always help the sale and the bottom line. How many times do we pay a little more or purchase something because we know its quality or we know the quality of the person we are dealing with.

Thats all, everyone wins.

[BBIGG BLOCK 396]

I have a question about all of this that is going on! First I would like to say that anyone paying BIG $$$ for any car should check it out thoroughly before the purchase. But It looks like the Auction House and its people are not happy about the car being discussed here on the forum after the sale to this guy that "SUPPOSEDLY" discovered it to be a rebodied car.
At this point the Auction house does not loose any money because the seller of the car is going to have to pay the Auction house the money owed. But what about before the sale! Suppose an Auction house puts cars on a web site showing they are going to be auctioned off and describing them.
Now a potential buyer comes on the site here asking questions because he is interested in a certain car, and he is told by a few or many on this site the car is "NOT A REAL COPO", "NOT A REAL YENKO", "NOT A REAL ZL1" Or whatever and it is not what it is suppose to be And you guys say to the person asking about the said car "BEWARE" or "NOT TO BUY" and that "IT IS NOT REAL " IT IS A CLONE". Could the SYC site be liable for a "NO SALE" and loss of revenue to the Auction House due to the discussion claiming the car is not as advertised! Just wondering!
If a vehicle is discovered NOT AS ADVERTISED why do the AUCTION HOUSES get there panties all in a wad!Especially if the Auction house does the right thing and follows the law! What right does the AUCTION HOUSE have to tell you guys you can't or should not discuss something like this! If they get mad for discussing something like this after a sale How mad are they going to get about discussing it before the sale!
I know that things like this make it look bad to a certain extent for the Auction Houses. I know that the Auction Houses are a business and I understand that they can not inspect every car to verify if it is 100% real or correct! But can they do better than they are doing. Seems in the past few years there have been a few cars slipped through on some TOP NAME AUCTION HOUSES! That the CARS were not "AS ADVERTISED" And talking about doing the "HOMEWORK! Doesen't the AUCTION HOUSE have a responsibility to potential buyers to do "SOME HOMEWORK" on a car to protect the buyer! Sure looks like a lot of bad marks being put down for the Auction Houses in the past couple of years. From some of the things told about the Auction Houses by themselves recently on how they conduct business I would not buy a car from one of them. Also last but not least it seems everyone feels that it is the POTENTIAL BUYERS responsibility to seek out the information to find out if a car is real or not,if it is that easy for a buyer to do why can't the Auction Houses ask a few questions and find out too!Also maybe the AUCTION HOUSES should put it into the CONTRACT upon taking a vehicle for consignment that if after the sale of a vehicle it is proven the car is as not represented the SELLER is responsible for all monetary losses to the Auction House and Buyer of the vehicle plus a hefty $$$$$ penalty.
Maybe this would prompt the sellers to provide better proof a vehicle is real and it could possibly keep sellers that are less than honest from consigning the cars knowing that they are not as advertised due to loosing lots of $$$$ and creating lawsuits for themselves.

[kwhizz]

All this talk about doing your homework before buying is fine if you know exactly what car you are after.....But....If you passed on that car for any reason and a similar car comes across and you get a case of the "wants" without any time to check it out......Then you sort of take the "Risk" in believing what the Auction House/Seller has to say about the Car.......I think this is where Pete is coming from.......

Ken

[YENKO DEUCE REGISTRY]

That's the risk you take. It's obviously best if the sellers were always honest, but in this world, it's better to have your research done up front!

[Jim Ferron]

I don't have a dog in this fight but...while some be worried about the auction house's lost income...no matter what, they have the entry fee in their pocket and beyond perhaps a spot in a brochure,the breath from an auctioneer is a far cry from what a snookered buyer would spend trying to recover his money in court. If it were me...I'da put a stop payment...then shut my mouth.[at least on this board]

[ZL1#17]

[ QUOTE ]
If you buy a home,dont hire an inspection company before the closing, and dont know what to look for yourself,you can only blame yourself when theres a foot of water in your basement after the first big rain. And you certainly cant blame the realtor. I think the problem is everytime there is a niche where money can be made,there will be people that want to get involved without the precise knowledge of what they are doing,thinking they have to act fast to get a "deal",hoping thier insurance policy for thier lack of education and expertise is litigation. If a buyer is continually lied to in writing regarding a sale ,well thats another story.


[/ QUOTE ]

In the state of NC, it's called disclosure. A seller must disclose any defects in their property before it can be listed in the MLS. There is a form that the seller MUST fill out before the property can be listed, The form has a series of questions such as: "does the basement flood" Here is a link to the form if anyone is interested Property Disclosure Form
And yes, I would ALWAYS get a home inspection before closing but a disclosure statement prevents a lot of unknowns, and costly mistakes.

WHY DON'T THE AUCTION HOUSES HAVE A DISCLOSURE FORM? To say it's the buyer's sole responsibility is absurd.

[firstgenaddict]

A disclosure statement on works with honest sellers... that and the fact that you would have to prove that the owner knew of the issues. If the owner bought the car already restored then Chain of Custody gets cloudy... another reason why provenance is the key to high dollar tangible investments.

[SuperNovaSS]

What if the basement floods but the seller does not know it? Disclosure only works if the seller knows about an issue. Many cars have issues from years ago and sellers do not know they are there. Looks at the Mustang the lady got as a graduation present and had to give back to the true owner decades later because it was stolen/revinned. Seller's do not always know about the issues and therefore cannot disclose them.


Jason

[427king]

1]be educated yourself 2]If you arent educated hire someone who is 3] ask seller to guarantee something you are concerned with [rebody,reatag etc] in writing and notarized 4] If you dont have 1,2 or 3 above dont buy a car.. seems pretty simple to me