russo and steel chop job camaro copo

[motion68]

I too happen to like Drew's auctions. I attend them and have in the past been a bidder. The point of my comments are not to imply or infer that the auction house has either the blame or the responsibility under the current system. I AM suggesting that there are solutions to the reported abuses and misrepresentations in our hobby. This forum is the beginning of the disclosure solution as it provides a process for a buyer to learn specifics about a car of interest. Auction houses can greatly assist in this process. It is certainly their perogative to run their business as they wish. Maybe someday, one of the houses will step forward and begin the change in their industry from caveat emptor. I happen to think that the first one that implements disclosure will win. What possible down side is there for the auction house? Since Drew is an enthusiast, and in position to effect they way his house does business, I was (and am still) urging him to give it some thought. Bob

[Mr70]

I like your idea & still suggest this idea too,as I did earlier when we were discussing auto auctions recently...
https://www.yenko.net/ubbthreads/showflat...true#Post320740

[x77-69z28]

can i play devil's advocate for a second? what is the difference if it is a rebody, or if you changed the quarters, rockers, floors, rear body panel, inner and outer wheelhouses etc. there are plenty of cars out there that have had all the body panels changed. no one complains about that. it could have been done better that you could not look under the hidden vin and see where the vin was welded in, but it is still a COPO. i am just sayin.........

[njsteve]

[ QUOTE ]
can i play devil's advocate for a second? what is the difference if it is a rebody, or if you changed the quarters, rockers, floors, rear body panel, inner and outer wheelhouses etc..........

[/ QUOTE ]


...about 5 years in a Federal prison.

[BUIZILLA]

[ QUOTE ]
I too happen to like Drew's auctions. I attend them and have in the past been a bidder. The point of my comments are not to imply or infer that the auction house has either the blame or the responsibility under the current system. I AM suggesting that there are solutions to the reported abuses and misrepresentations in our hobby. This forum is the beginning of the disclosure solution as it provides a process for a buyer to learn specifics about a car of interest. Auction houses can greatly assist in this process. It is certainly their perogative to run their business as they wish. Maybe someday, one of the houses will step forward and begin the change in their industry from caveat emptor. I happen to think that the first one that implements disclosure will win. What possible down side is there for the auction house? Since Drew is an enthusiast, and in position to effect they way his house does business, I was (and am still) urging him to give it some thought. Bob

[/ QUOTE ] for every bad car Drew would lose by implementing this policy, I predict he pick's up 2 better cars in return, it's a no brainer good business move to me...

[Belair62]

How in the world would you dismantle every musclecar that comes thru the door for auction ?? You have to at least try and rely on the integrity of the seller at some point. If people knew they had to have the car dismantled for inspection they will just do the work better.

[motion68]

[ QUOTE ]
How in the world would you dismantle every musclecar that comes thru the door for auction ?? You have to at least try and rely on the integrity of the seller at some point. If people knew they had to have the car dismantled for inspection they will just do the work better.

[/ QUOTE ]

Well, the auction house doesn't have to dismantle a car. Remember, I suggested the auction house set it's standard for disclosure. Therefore the seller dosen't have to "prove" his car. The seller just has to meet the house standard. Since buyers and seller both know the standard, they both "know" what they sold or bought. AND, the auction house that currently gets money from both, WILL have some skin in the game. In my view, under auction SOP today, the auction house always wins, 'cuz they represent a car to the max (per sellers representation), they get money from both the seller and buyer, and if the deal turns out to be bad for seller or buyer, the house is out without fault or responsibility. That said, for me, it's not about money - mine or the auction house - it's about the integrity of the hobby! The auction house CAN help with that issue and in the process strengthen their sales and bottom line. So, how about it Drew, since you are on this thread, give us some feedback on the concept. Up or down, good or bad, how about some ideas. Thanks in advance

[Belair62]

I hear you Bob...but if a guy is going to re-body a car he won't have much interest in spilling the beans so you dpend on that persons integrity. And if a person unknowingly goes to sell a car that he has no idea was a re-body...he can't disclose it either. Mauybe a hefty penalty for the seller if a car is discovered "bad"

[motion68]

You're right. There will be cars that still fall through the cracks, exceptions to the rules, someone put one over on someone else. But, I'm thinking that particularly for the rare high dollar cars, there may some benefit here. In January at RS, I bid on a blue 396 Nova (didn't win and I'm still crying). I did everything I could to check the car out in the 2 days before it went on the block. Spoke with the seller, spoke with the sellers agent, called my Nova "expert" and reveiwed the car in detail with him on the phone. In the end, I bid on the car because Stefano was brokering the deal and I trusted his judgement. Boy would I like to have that same trust in the auction house. 'Cuz, guess what? I would have cheerfully handed over about $5K of my money to the house. And, guess what again? If the car didn't meet the sellers descripton that the house published - I think my money had wings in full flight - never to return to me. I just can't get past the feeling that it would be so good for the hobby AND would I believe make the house more money. As someone else said on this thread before me - it's a no brainer. Will someone talk about the downside of such a plan? And Drew, if your house institutes such a plan of disclosure and attendant responsibility, can I buy a share of your deal?