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  #51  
Old 11-19-2008, 09:35 AM
Les Quam Les Quam is offline
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Default Re: Buyer Beware

No auction house that deals in this kind of volume could reasonably be expected to authenticate their consignments. It is simply impossible. However when known information surfaces what should we do? I realize Gary is ABSOLUTELY not trying to deceive anyone. According to this thread he is very forthcoming about it. I am just wondering if we have some responsibility to alert prospective buyers at BJ if we can provide information like Chuck has in his possession which seems to leave no room for doubt?

Can anyone argue that each time someone sells a rebody to a customer without full disclosure that it is bad for us all? Year before last a new buyer bought a three quarter of a million dollar Ford at BJ that although it was real was not as represented. The buyer learned his car was actually worth about 200K and was furious so instead of building a 50 car collection that he planned on he is done with muscle cars. Is this good for all of us who own muscle cars?? Or is it better to continue to look the other way?
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  #52  
Old 11-19-2008, 01:05 PM
Hylton Hylton is offline
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Default Re: Buyer Beware

[ QUOTE ]
No auction house that deals in this kind of volume could reasonably be expected to authenticate their consignments. It is simply impossible. However when known information surfaces what should we do? I realize Gary is ABSOLUTELY not trying to deceive anyone. According to this thread he is very forthcoming about it. I am just wondering if we have some responsibility to alert prospective buyers at BJ if we can provide information like Chuck has in his possession which seems to leave no room for doubt?

Can anyone argue that each time someone sells a rebody to a customer without full disclosure that it is bad for us all? Year before last a new buyer bought a three quarter of a million dollar Ford at BJ that although it was real was not as represented. The buyer learned his car was actually worth about 200K and was furious so instead of building a 50 car collection that he planned on he is done with muscle cars. Is this good for all of us who own muscle cars?? Or is it better to continue to look the other way?

[/ QUOTE ]

No auction house is going to put that much effort in identifying contravercial cars simply because they are greedy money pigs (IMO). Why openly disclose and potentially lose 100K in commissions on one sale?

Having said that, I do believe they have a (ready for this Steve) fiduciary duty to inform and/or educate potential buyers on some of the crap that is going on as well as identifying what are some of the things you should look out for.
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  #53  
Old 11-19-2008, 03:18 PM
Stuart Adams Stuart Adams is offline
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Default Re: Buyer Beware

I understand all points of view. The seller should be as forthcoming as possible, the buyer should be as wise as possible, but after all this is an auction. BJ should not inspect cars, potential buyers should. Heck they are posted on the website for 4-6 mo. prior to the auction. You can dig up info on a interested car if you really want to. I know we are all trying to protect the field and that's great, but ultimately its Buyers Beware.

Heck 2 yerars ago I was interested in a 68 Yenko Colin bought. I dug up who restored the car, called him, found out previous owners, etc. Lazy guys with big bucks buying "numbered so called cars" are getting what they deserve if they don't investigate.
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  #54  
Old 11-19-2008, 05:20 PM
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firstgenaddict firstgenaddict is offline
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Default Re: Buyer Beware

A fool and his money are soon parted... if you don't have the knowledge then find someone who does!
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  #55  
Old 11-20-2008, 12:14 AM
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rich p rich p is offline
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Default Re: Buyer Beware

Phil & I know a guy that we told him he got burned on quite a few cars the year before and would you believe it, he walked by me with 6 pink slips the year after. He just laughed and said I know Rich !!! He is now out of the Collector world when he found out AGAIN that he got burned on some very expensive cars.. These same guys walk into a collection of cars and have NO clue what they are worth but when somebody is bidding against them,they think that is what it is worth. Pretty sad !! Its pretty funny watching a guy bid against himself. I see this so MANY times..
Watch the guy buy the Dusenberg pay an extra 100K !!!
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  #56  
Old 11-20-2008, 05:25 AM
Stuart Adams Stuart Adams is offline
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Default Re: Buyer Beware

[ QUOTE ]
I understand all points of view. The seller should be as forthcoming as possible, the buyer should be as wise as possible, but after all this is an auction. BJ should not inspect cars, potential buyers should. Heck they are posted on the website for 4-6 mo. prior to the auction. You can dig up info on a interested car if you really want to. I know we are all trying to protect the field and that's great, but ultimately its Buyers Beware.

Heck 2 yerars ago I was interested in a 68 Yenko Colin bought. I dug up who restored the car, called him, found out previous owners, etc. Lazy guys with big bucks buying "numbered so called cars" are getting what they deserve if they don't investigate.

[/ QUOTE ]

Let me clarify the 68 Yenko #8021. I found the car to be legit, talked to Donahue and some previous owners. Great car and love the car. Glad Colin bought the car and has now taken it to an awesome level. Love the 68 Yenko's.

I was looking into at a 69 Z-28, JL8car in Hawaii that a member turned me on to in 05. I beat every bush until I found Dr. Milton Kim, one of the very important previous owners to verify the car. I took some time and determination and I'm far from a genius or have far less knowledge as 99% of the members here. These people who buy 6 figure cars with no homework, deserve what they get. Heck just come here and ask " Does anyone know this car" and someone here will have the answer - amazing site and the amount of knowledge here is incredible.
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  #57  
Old 11-20-2008, 05:45 AM
Stefano Stefano is offline
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Default Re: Buyer Beware

[ QUOTE ]


I was looking into at a 69 Z-28, JL8car in Hawaii that a member turned me on to in 05. I beat every bush until I found Dr. Milton Kim, one of the very important previous owners to verify the car. I took some time and determination and I'm far from a genius or have far less knowledge as 99% of the members here. These people who buy 6 figure cars with no homework, deserve what they get. Heck just come here and ask " Does anyone know this car" and someone here will have the answer - amazing site and the amount of knowledge here is incredible.

[/ QUOTE ]

What a great Car! btw, Thanks Stuart and Jeff.
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  #58  
Old 11-20-2008, 06:15 AM
Stuart Adams Stuart Adams is offline
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Default Re: Buyer Beware

[ QUOTE ]
[ QUOTE ]


I was looking into at a 69 Z-28, JL8car in Hawaii that a member turned me on to in 05. I beat every bush until I found Dr. Milton Kim, one of the very important previous owners to verify the car. I took some time and determination and I'm far from a genius or have far less knowledge as 99% of the members here. These people who buy 6 figure cars with no homework, deserve what they get. Heck just come here and ask " Does anyone know this car" and someone here will have the answer - amazing site and the amount of knowledge here is incredible.

[/ QUOTE ]

What a great Car! btw, Thanks Stuart and Jeff.

[/ QUOTE ]

Your welcome. Hope the car is well. Jeff is the man.
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  #59  
Old 11-22-2008, 05:57 AM
mc25t190 mc25t190 is offline
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Default Re: Buyer Beware

Jeff and Steve did their homework.
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  #60  
Old 12-12-2008, 07:29 PM
buickgn buickgn is offline
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Default Re: 2 Yenkos and a ZL-1 at B-J

[ QUOTE ]
Here's the Yenko Turbo Z link:

http://www.barrett-jackson.com/appli...LotNumber=1276

I believe that 81 Yenko Turbo Z is the one a lady in my old car club (Connecticut Cruisers) bought new back in Connecticut in 1981.

Anyone know the original owner's name? I think the husband's name was Lloyd Topping and the wife was Lisa??? The husband had the blown, red 69 Camaro on the right, at the time. He later painted it yellow, tubbed and prostreeted it. They divorced in the mid-eighties and I think both cars sold in the settlement.

In this photo it's the black car between the green Anglia and the red 67 GTX ragtop. My memory is getting fuzzy after 25 years but I think the white object in the grill was a hand-written sign on a piece of cardboard that someone stuck there as a joke just before the photo was taken.

Gotta be the same car since there couldn't have been too many black on black Yenko Turbo Z's produced and bought by "ladies back in the eighties."

(My car was the yellow 71 Cuda 383 ragtop on the left - I got it for free out of a junkyard when I lived in Colorado)



[/ QUOTE ]

This is weird! Was just surfing and ended up on this site and thread. The picture Steve mentioned was from the Armstrong show back in the mid 80's. I started the club in question back in 83/4 and that is my 66 Chevelle in the picture.

To stay on topic Lloyd and Lisa Topping did NOT own the Turbo Z. It was owned by Phil and Chrissy Skinner who also owned the Anglia in the picture. They moved to FL years ago and sadly Phil passed away about 2 years ago. I have her email address around somewhere if anyone needs it.

Lloyd and Lisa got divorced but his Camaro did not go with the settlement. He actually got to keep it but ended up selling it and then pro streeted and Ford Ranger extended cap pickup with a 428 in it. He still has it.

I pro streeted my Chevelle and it appeared in quite a few magazines including Hot Rod and Super Chevy. Sold it when we were expecting a child as it didn't have a back seat due to the 12 point roll cage. Ended up getting an 87 Buick Grand National which I still have with less than 30K on it.

Sad, but I haven't seen any of the folks who owned these cars in years now except for the owner of the GTX who is Jim McDonough. Maybe we should have a 25 year reunion?

Steve, if you are ever around North Haven CT let me know would be good to see you again.
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