Fred Gibb Paper work

[William]

Mr. Howie. As I stated earlier I was there in the beginning. You are focusing on one person for some reason. The chronology and numbers you state are inaccurate.

Once again, several people have made incredible profits flipping these cars. I happen to be privy to some of it. To cite one small example, as previously mentioned, anyone could have purchased #55 from the Super Chevy ad in the late ‘80s for $65,000. A few short years later the car was re-sold for nearly four times that amount. The folks that bought it from the ad may have washed it a few times. They didn’t rebuild it from the ground up [twice], haul it around the country and get it featured in magazines. They simply owned it for a few years and were the beneficiaries of a rapidly growing interest in ZL-1 Camaros. And guess what? #55 has been resold several times for many times more. How much did any of those people contribute to the hobby?

BP owned #3 for over 20 years and left plenty of money on the table when he sold it. It has been resold a few times since for far more. He owned #1 for 18 years; I don’t know what it sold for but whatever, no one forced anyone to buy it. Does that sound like a flipper to you? Length of ownership, not profit, separates the flippers from the true enthusiast. By the way just about everyone has flipped a car or two in order to finance a project, myself included. Several ZL-1s have been under long-term ownership and when they eventually do sell, they should send BP a thank-you card.

No one has done more to elevate the visibility of the ZL-1 Camaro and Fred Gibb Chevrolet than BP. He’s not done; the Kirby/Harrell ’68 Camaro Funny Car will be appearing at several shows this summer including the LaHarpe Show on August 4th. The engine is running 95% nitromethane. It makes these shows worth attending. He has certainly earned whatever has come his way.