1969 427 COPO Barn find

[x33rs]

Originally Posted by Copo_Cartel

It is already for sale...guy wants 225k ...said he turned down 175k

Wow, I guessed a little light on that one LOL

[Sean]

I will not go into specifics but I was asked about the car and had a lengthy conversation with a potential buyer. No paper, many unknowns to throw down 6 figures. I asked several questions and they could not be verified. Enough for me that I would walk.

[olredalert]

----Is it just possible that the new owner doesn't really want to sell it so puts a stupid price on it? It would tend to keep the phone calls and E-mails to a minimum......Bill S

[Tracker1]

If I buy stocks on the NYSE for a dollar a share and it blows up to 80 bucks a share, because I did my research, am I supposed to now seek out all the investors that sold their stock for a buck and re-pay them some "stupidity tax" ? As a Canadian (an arguably super-socialist country), I get a kick out of Americans/Canadians who spout this kind of drivel but out of the other side of their mouths will vehemently defend capitalism over socialism or communism when some of the thinking in this thread is total Marxist ideals. The owner could have gone down to the local library and googled COPO Chevelle and gotten his answer on a selling price in 60 seconds. This BS is amazing to me.

I'm gonna win the lottery tonight and give Marathon guy his 225K and then pay Rick Nelson another six figures to restore it for me. Then I'm gonna have an awesome car that has 100K more in it than it is worth. CUZ I LOVE THIS CAR! Then i'm gonna buy a black stripe delete '70 LS6 Chevelle to stick right next to it in my garage and piss myself every morning when I go out in my man cave! What an evil capitalist I am.

[70 copo]

Originally Posted by olredalert

----Is it just possible that the new owner doesn't really want to sell it so puts a stupid price on it? It would tend to keep the phone calls and E-mails to a minimum......Bill S

Exact tactic I took last month with the IROC-Z at Cincinnati because I had guys continually bugging me for a price to sell the car. So I told them "ZL-1 money" and that finally had a calming effect and I could enjoy the show.

[cook_dw]

Originally Posted by Tracker1

If I buy stocks on the NYSE for a dollar a share and it blows up to 80 bucks a share, because I did my research, am I supposed to now seek out all the investors that sold their stock for a buck and re-pay them some "stupidity tax" ? As a Canadian (an arguably super-socialist country), I get a kick out of Americans/Canadians who spout this kind of drivel but out of the other side of their mouths will vehemently defend capitalism over socialism or communism when some of the thinking in this thread is total Marxist ideals. The owner could have gone down to the local library and googled COPO Chevelle and gotten his answer on a selling price in 60 seconds. This BS is amazing to me.

I'm gonna win the lottery tonight and give Marathon guy his 225K and then pay Rick Nelson another six figures to restore it for me. Then I'm gonna have an awesome car that is worth 100K more than it is worth. CUZ I LOVE THIS CAR! Then i'm gonna buy a black stripe delete '70 LS6 Chevelle to stick right next to it in my garage and piss myself every morning when I go out in my man cave! What an evil capitalist I am.

[Copo_Cartel]

Originally Posted by olredalert

----Is it just possible that the new owner doesn't really want to sell it so puts a stupid price on it? It would tend to keep the phone calls and E-mails to a minimum......Bill S

I see what you mean but this gentleman has wasted peoples time...By allowing them to come and look at the car if he was planning on keeping it

[Chevyfever]

Originally Posted by Copo_Cartel

It is already for sale...guy wants 225k ...said he turned down 175k

Any idea how Nichols got involved since he was not the one that discovered the car.
Seems to me he was the one that may have alerted buyer to what the car was.
The price paid was in the range for a standard SS with this mileage maybe seller and buyer
may not have known the true value.

As a side note I set in this car with the original owner about 1971.
I had a 69 L78 not knowing anything about a copo wondering why
he would buy a car like this with Malibu markings and no SS emblems!

[the427king]

"This BS is amazing to me"..............that about sums it up.

[MosportGreen66]

Originally Posted by SS427

Most people here talk like they would take care of the seller and give them a retail price but many have not been in this situation and I honestly think you might act differently if you were the buyer while some of those same people have done just what they are arguing against. Go figure. Buying for $40k and selling for $225k is obviously a stretch but would you tell the seller they were too low if the difference was only $20k? I doubt it. Who here has not bought a home or other properties that were way below market value and in hopes of making a nice profit when selling yet no one has any issues with that????

Though I am comparing cents to dollars is this any different than going to a swap meet where someone is selling a BE rear for $2500 and you stumble across it? Would you HONESTLY tell the guy he is an idiot and his differential is worth many times that and give him the money or would you quietly and quickly dig in your pocket and start grabbing the $2500 cash to make the purchase? I can tell you honestly that I have gone to swap meets and found LS6 1111437 distributors or similar items for under $100 and quietly paid the seller and moved on. Can you people with all honesty tell me you have not done the same? I am in NO WAY condoning the situation with this COPO but am trying to make the Monday morning quarterbacks look at it from both angles.

Again, I am in no way condoning this particular situation nor am I taking sides, just trying to be realistic.

Like the real stamp 814 alternator that sold on FB Marketplace last night for $200? I don't need it but sure as heck offered to buy it just to keep it on the shelf for the 'who knows maybe one day' narrative... I have a pic of the listing too which I can edit in this evening.

Dan