Go Back   The Supercar Registry > General Discussion > Supercar/Musclecar Discussion


Reply
 
Thread Tools Display Modes
  #11  
Old 12-11-2021, 12:38 AM
Lynn Lynn is offline
Yenko Contributing Member
 
Join Date: Feb 2005
Location: Oklahoma
Posts: 6,915
Thanks: 32
Thanked 2,473 Times in 1,154 Posts
Default

What Stefano said.

This one still boils my blood.

https://www.yenko.net/forum/showthre...124851&page=11

124379N690139. Fake L-89 car that had all fake docs. They went so far as to create an ownership history under the name of Kenneth Wright in Florida. Kenneth had died a few years before they put it together. IIRC, the car was run through Georgia, where they don't title antiques, then paperwork presented in Florida. Then all the fake docs were created.

I gave all the evidence I had on that one to a law enforcement in CA, where the car may have been stolen. I never heard back. It included synopsis of my conversation with Kenneth Wright's executor who had known him since he was a kid. He never owned a Camaro, let alone a 10 10 L89 Camaro.

This was the worst case of car fraud I had ever seen. It sold at Mecum in 2014 for $200k.

No idea where it is now; but someone sure got screwed over.
Attached Images
 
__________________
Don't believe everything you read on the internet ... Ben Franklin
Reply With Quote
The Following 5 Users Say Thank You to Lynn For This Useful Post:
Billohio (12-12-2021), carnut4life (12-11-2021), lowmile (12-11-2021), Pro Stock John (12-11-2021), SS427 (12-12-2021)
  #12  
Old 12-11-2021, 03:37 AM
AnthonyS's Avatar
AnthonyS AnthonyS is offline
Yenko Advertising Member
 
Join Date: Dec 2017
Location: SoCal
Posts: 3,045
Thanks: 122
Thanked 607 Times in 366 Posts
Default

^ gah!
Reply With Quote
  #13  
Old 12-11-2021, 04:32 AM
the427king's Avatar
the427king the427king is offline
Senior Member
 
Join Date: Jun 2011
Location: CT
Posts: 7,059
Thanks: 206
Thanked 447 Times in 279 Posts
Default

Uneducated buyers have no problem paying twice the market value of a real car for a FAKE car, yet uneducated AND educated buyers dont want to pay market value for a REAL car.
__________________
Ebay Auctions http://www.ebay.com/sch/427-king/m.h...=16&_rdc=1



No Fisher priced toys here
Reply With Quote
The Following 5 Users Say Thank You to the427king For This Useful Post:
dustinm (12-14-2021), GotGrunt (12-15-2021), L72Biscayne (12-14-2021), napa68 (12-12-2021), purple panther (12-11-2021)
  #14  
Old 12-11-2021, 04:53 AM
COPO COPO is offline
Yenko Contributing Member
 
Join Date: Mar 2000
Location: Atlanta, GA & the Middle East
Posts: 2,996
Thanks: 387
Thanked 358 Times in 189 Posts
Default

It's the same issue with all collectables and in some cases significantly more money involved. There is presently a disagreement amongst "experts" as to the provenance of a $450 MILLION painting.

The solution is always the same, conduct your own due diligence and hire an expert to minimize your chance of purchasing something that is not as represented and if you are not comfortable, don't purchase with your hard earned cash. If there is not sufficient time at an auction to investigate, then just don't buy at auctions.
Reply With Quote
  #15  
Old 12-11-2021, 12:17 PM
southernfriedcj's Avatar
southernfriedcj southernfriedcj is offline
Yenko Contributing Member
 
Join Date: May 2004
Location: Athens, GA
Posts: 1,089
Thanks: 213
Thanked 491 Times in 228 Posts
Default

Quote:
Originally Posted by Lynn View Post
IIRC, the car was run through Georgia, where they don't title antiques, then paperwork presented in Florida.
Just to set the record straight, Georgia does "title antiques".

If an old vehicle has a title it will be issued a new title if registered in Georgia.

If an old vehicle does not have a title, it will only be issued a registration slip when registered in Georgia.

If an old vehicle is on record as registered in Georgia without a title and then someone wants to register it in Georgia with a title(such as selling it to someone in Alabama, they title the vehicle there and then sell it to someone in Georgia with a title), it will not be issued a Georgia title.

I currently own a dozen or so titled and non titled vehicles in Georgia.
Reply With Quote
  #16  
Old 12-11-2021, 12:20 PM
southernfriedcj's Avatar
southernfriedcj southernfriedcj is offline
Yenko Contributing Member
 
Join Date: May 2004
Location: Athens, GA
Posts: 1,089
Thanks: 213
Thanked 491 Times in 228 Posts
Default

If I saw someone buying a fake car I'd give them my OPINION on the car.

I do not have the knowledge that a lot of y'all here have, so that is no likely to happen.

I could point out a "caution fan" decal though.
Reply With Quote
The Following User Says Thank You to southernfriedcj For This Useful Post:
dustinm (12-14-2021)
  #17  
Old 12-11-2021, 12:40 PM
SBR SBR is offline
Senior Member
 
Join Date: Mar 2006
Location: IL
Posts: 669
Thanks: 47
Thanked 109 Times in 47 Posts
Default

Quote:
Originally Posted by the427king View Post
Uneducated buyers have no problem paying twice the market value of a real car for a FAKE car, yet uneducated AND educated buyers dont want to pay market value for a REAL car.
Sad but oh so true!
__________________
Corvette nut since I was a kid. 67 435s and L88s are my favorites
Reply With Quote
  #18  
Old 12-11-2021, 06:25 PM
jeffschevelle jeffschevelle is offline
Yenko Contributing Member
 
Join Date: Oct 2008
Location: Concord, NC
Posts: 357
Thanks: 2
Thanked 710 Times in 175 Posts
Default

Until it becomes a common outcome for someone who actually gets caught committing one of these frauds to get some real jail time, this situation is never going to change. The potential monetary rewards if they get away with it are so much bigger than the potential risk if they get caught (which is unfortunately close to nil in most states), there is no disincentive to keep doing it.

The truth of this is shown by how many times a car is "outed" on a forum like this, yet shows up again and again in auctions after that. And how often someone does get caught, gets sued and has to buy a car back, but simply goes to a different auction and sells it again with the exact same fraud story still attached.

If someone wants to help a foolish buyer out by sharing a belief that there may be a problem with a car, but not get themselves into the middle of the stink, a good way to do it would be to say:

"I'm no expert, but you might want to research whether or not ____". Or "I'm no expert, but you might want to verify ____".

That way you are not saying you declare it IS fake, or even that you believe it is fake. You are simply saying, hey, here's a particular item or fact that you might want to do your OWN due diligence on before you buy. Then if the buyer backs out, or proceeds, its all on him (just as it should be).

Using the Canadian LS6 story above as an example, you could say:

"I'm no expert, but you might want to research whether or not they actually built LS6 Chevelles at that particular plant in Canada". Or

"I'm no expert, but you might want to have someone who is an expert verify that deck stamp."
__________________
Jeff Helms
65 Z16 Survivor
65 Z16 drag car
66 Chevelle L78 unrestored
67 Chevelle L78 unrestored
67 Camaro SS350 Survivor
Reply With Quote
The Following User Says Thank You to jeffschevelle For This Useful Post:
MJV1953 (12-12-2021)
  #19  
Old 12-11-2021, 06:41 PM
Pro Stock John's Avatar
Pro Stock John Pro Stock John is offline
Super Moderator
 
Join Date: Dec 2017
Location: Chicago, IL
Posts: 1,044
Thanks: 546
Thanked 1,036 Times in 341 Posts
Default

Once I found this site, I could not imagine buying something rare / special without checking you guys on here. I would assume some buyers loop in subject experts from this community.
Reply With Quote
The Following User Says Thank You to Pro Stock John For This Useful Post:
fortim (12-11-2021)
  #20  
Old 12-11-2021, 07:25 PM
Teddy Teddy is offline
Yenko Contributing Member
 
Join Date: Nov 2012
Location: LI, NY
Posts: 49
Thanks: 13
Thanked 87 Times in 19 Posts
Default

I'm more than ready to get back into a muscle car after selling my L78 Chevelle two years ago. But every time I read a thread like this I shake my head and say 'just go get yourself a C8 or a Hellcat Ted'. I'm often in disbelief what I see going on in the market. Shame.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 03:21 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.

O Garage vBulletin Plugins by Drive Thru Online, Inc.