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#1
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The problem is cars unlike real estate and other things dont have a 3 day right of recision, you cant tie one up for 2 months with a small deposit while you look for financing,inspect the house, do title searches, look for a better deal,or go on line and look for the SYC real estate site and ask questions about why the title says"telephone company easement". Car buying is almost always a spur of the moment thing that needs quick response and decision making[ebay auction, car at a show,or live car auction],potential buyers get the feeling of people looking over thier shoulder ready to take a risk which leads to alot of impulse and bad decision buying because people are afraid of "losing out" on a deal.If you get wound up in the frenzy ,yes you run the risk of making a bad choice. A perfect example was a local auction recently that was listed here for a supposed 67 ss chevelle out of an estate. The car had no title,was stuffed tight in a trailer and they wouldnt roll the car out,nothing matching,came with a "zl1" motor that was actually a tall deck painted silver,it was in a trailer where the doors couldnt be opened[who knows if a vin tag was even on the door jamb,much less an SS specific vin tag] yet it brought about 27K for a car needing resto.It was like a pirhanna feeding frenzy with people climbing on the car to look at it. When the doors are finally opened and there is no vin or a malibu vin,[or for that matter the car was a rebody] why should anyone give this bidder his money back????
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#2
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I agree with Drew as well... If I get suckered on a deal it is my fault...
The point is if you don't have the expertise to know definatively what you are looking at or can not afford to lose the money you are spending then you have no business buying whatever it is you are buying whether it be a car, a house, or a piece of art. I have lost out on a few REAL cars by taking my time to research them, however I have saved myself tens of thousands of dollars by flushing out some cobbed together crap as well. I work hard for my money and I am not going to be pressured into buying any crap... I also try my best to keep emotion out of it... falling in love with tangible items (hell with a woman for that matter) rarely brings out the most sane decisons.
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~JAG~ NCRS#65120 68 GTO HO 4 spd Alpine Blue /Parchment 2 owner car #21783 71 Corvette LT1 45k miles Orig paint - Brandshatch Green - National Top Flight - last known 71 LT1 built. 71 Corvette LT1 42k miles Original paint - Black - black leather - only black LT1 known to exist. NUMEROUS Lemans blue Camaros, Monza Red and Daytona Yellow Corvettes & a Chevelle or two... Survivors, restored cars, & other photos https://picasaweb.google.com/lh/myphotos |
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#3
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Bottom line I guess is to assume that every car at an auction is crap unless otherwise shown not to be... instead of vise versa!
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~JAG~ NCRS#65120 68 GTO HO 4 spd Alpine Blue /Parchment 2 owner car #21783 71 Corvette LT1 45k miles Orig paint - Brandshatch Green - National Top Flight - last known 71 LT1 built. 71 Corvette LT1 42k miles Original paint - Black - black leather - only black LT1 known to exist. NUMEROUS Lemans blue Camaros, Monza Red and Daytona Yellow Corvettes & a Chevelle or two... Survivors, restored cars, & other photos https://picasaweb.google.com/lh/myphotos |
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#4
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A lot of what Drew said is correct, bidders need to do their homework or run the risk of a bad deal. However, that has got to be one of the most unprofessional responses I've ever read from someone in such a position.
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Marlin 70 Yenko Nova-350/360, 4speed M21, 4.10 Posi (Daddy's Ride) 69 SS Nova-396/375hp, 4speed M20, 3.55 Posi (Benjamin's Ride) 67 RS Camaro-327/250hp, 2speed Glide, & 3.08 Open (Danny's Ride) |
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#5
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[ QUOTE ]
A lot of what Drew said is correct, bidders need to do their homework or run the risk of a bad deal. However, that has got to be one of the most unprofessional responses I've ever read from someone in such a position. [/ QUOTE ] Ditto!
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Howard Growing old is a certainty, growing up isn't |
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#6
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Ditto x 2
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L.Z. "...at this point in my life, every day is a Saturday". |
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#7
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x 3
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#8
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His responses to the quick bowtie's scenario a couple months ago were irritating. His latest response is just plain ignorant.
Ditto x3
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Steve Shauger The Supercar Registry www.yenko.net Vintage Certification™ , Providing Recognition to Unrestored Muscle Cars. Website: www.vintagecertification.com |
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#9
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The frat party analogy brought back some good memories from 20+ years ago.
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#10
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I guess the lawyers did not compose that response.
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