The Supercar Registry

The Supercar Registry (https://www.yenko.net/forum/index.php)
-   COPO - United States (https://www.yenko.net/forum/forumdisplay.php?f=94)
-   -   1969 427 COPO Barn find (https://www.yenko.net/forum/showthread.php?t=159098)

firstgenaddict 02-18-2020 05:08 PM

Did COPO chevelles get a side stripe?

m22mike 02-18-2020 06:55 PM

Optional, I think, had to be ordered.

scuncio 02-18-2020 07:26 PM

Correct, optional.

Mr70 02-18-2020 08:50 PM

It was RPO D-96 for extra $26.35,although I've seen some dealers round this # both up & down.

Bill Pritchard 02-19-2020 03:13 AM

Just like the regular Chevelle SS396 cars, many were ordered without the stripe and then it was an easy job to install at the dealership if the original owner wanted it. Plus the dealer could charge whatever they felt they could get away with once it becomes a dealer-installed option.

429scj 02-19-2020 12:22 PM

Barn find? you mean "the word got out" find.

chevyman0429 02-19-2020 03:43 PM

I gotta ask/wonder how much it was bought for? Anyone wanna take a guess at what it sold for.

Copo_Cartel 02-19-2020 04:58 PM

The amount was 40k

Copo_Cartel 02-19-2020 05:00 PM

The neighbor 5 houses away that works at the Marathon plant purchased it.

chevyman0429 02-19-2020 10:54 PM

Quote:

Originally Posted by Copo_Cartel (Post 1484007)
The amount was 40k

Nice

Charley Lillard 02-19-2020 11:25 PM

A shame the long time owner apparently did not get paid anywhere near its worth.

Copo_Cartel 02-20-2020 12:56 AM

Quote:

Originally Posted by Charley Lillard (Post 1484077)
A shame the long time owner apparently did not get paid anywhere near its worth.

I agree Charley ...I feel bad for the family ...I am sure they could of used the funds.

Unreal 02-20-2020 02:20 AM

Well said Charley. Most of the time we endeavor to protect the ususpecting buyer, but seldom endeavor to protect the unsuspecting seller. We often applaud the buyer who got a steal, when that's exactly what they did.
About 20 years ago, my aging aunt was offered $1500 for a '46 or '47 Packard woodie, which had been in dry storage in the basement of my grandmother's grocery store since 1952. My aunt, who knew nothing about cars, especially Packard woodies, took the deal. You could argue that she was happy with the deal, so what's the harm? The flip side is that the car was probably worth at least $25,000 as it sat. If the guy had offered $15,000, I'd say he was just trying to get a good deal, but at $1500, he was outright stealing.

cook_dw 02-20-2020 11:44 AM

On the flip side. Did the guy offer $40K or was that the sellers asking price? Big difference. Sometimes money isn't the point of the sale. Just trying to give another side of the coin. At the end of the day if both parties were happy with the sale and purchase was it really stealing? Not like he held a gun to the guys head. Or did he..?.. :dunno:

x33rs 02-20-2020 12:07 PM

Keep an eye for it. It'll probably be for sale in 6 months for twice the price.

Copo_Cartel 02-20-2020 01:00 PM

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

markinnaples 02-20-2020 01:07 PM

I'm all for getting a good deal, but buying from a friend/neighbor for $40K and then flipping it few weeks or months later is pretty slimy, unless he decides to cut them in on the nice chunk of cash he gets for it. If not, that's some friend. JMHO.

Supergas990 02-20-2020 01:48 PM

So much for the part of the OP that said the car wasn't for sale. Definitely a cool Chevelle, but $225k???

Wow! I guess I'll stay in Corvette world for now.

Blair

Chevyfever 02-20-2020 02:15 PM

Quote:

Originally Posted by Copo_Cartel (Post 1484087)
I agree Charley ...I feel bad for the family ...I am sure they could of used the funds.

There was only one brother left in that family, surprised if it sold that cheap.
The two brothers built and restored mostly hot rods he would have surely would have known
of the value.With that being said he is older and was probably taken advantage of.

Charley Lillard 02-20-2020 03:01 PM

If the buyer is a dealer the seller has legal recourse for being taken advantage of.

70 copo 02-20-2020 04:41 PM

Quote:

Originally Posted by Unreal (Post 1484096)
Well said Charley. Most of the time we endeavor to protect the ususpecting buyer, but seldom endeavor to protect the unsuspecting seller. We often applaud the buyer who got a steal, when that's exactly what they did.
About 20 years ago, my aging aunt was offered $1500 for a '46 or '47 Packard woodie, which had been in dry storage in the basement of my grandmother's grocery store since 1952. My aunt, who knew nothing about cars, especially Packard woodies, took the deal. You could argue that she was happy with the deal, so what's the harm? The flip side is that the car was probably worth at least $25,000 as it sat. If the guy had offered $15,000, I'd say he was just trying to get a good deal, but at $1500, he was outright stealing.

This board has matured since the change from the original format and that is obvious right here in the discussion of this topic. A decade ago now I publicly called out a member of the old version of this forum who also happened to be a dealer who was openly posting about the car post sale and openly bragging about getting a Yenko Chevelle from an unsuspecting less than knowledgeable seller.

Knowing right from wrong and doing the right thing is what separates this forum from the rest of them.:flag:

Copo_Cartel 02-20-2020 08:04 PM

Quote:

Originally Posted by Charley Lillard (Post 1484138)
If the buyer is a dealer the seller has legal recourse for being taken advantage of.

The current owner is a friendly neighbor that works at the Marathon Plant in the area.

Unreal 02-20-2020 11:16 PM

Quote:

Originally Posted by cook_dw (Post 1484108)
On the flip side. Did the guy offer $40K or was that the sellers asking price? Big difference. Sometimes money isn't the point of the sale. Just trying to give another side of the coin. At the end of the day if both parties were happy with the sale and purchase was it really stealing? Not like he held a gun to the guys head. Or did he..?.. :dunno:

Maybe, maybe not. If the seller knew it was worth X, and knowingly put a price of X/3, then I agree with you. But if Uncle Jim told them it was worth X/3, and the family took his word for it, then they might be happy, but happy based on bad information. Not the same as happy based on good information.

People often say a good deal is one where both parties are 100% happy. I contend that a good deal is one where neither party is 100% happy. The seller sold for a little less than they wanted, and the buyer paid a little more than they wanted.

Copo_Cartel 02-20-2020 11:52 PM

Ok.... Look at it this way do you really think this guy walked up and said hey I am going to buy your car for 40,000 and I want to sell it for 225,000 and I want to make all of the profit.... no he didn’t do that but decided to think if it stayed quiet it would sell with a big upside for himself. He knew exactly what he was doing. Why else does he buy the car in a depressed area knowing he’s not going to keep the car but probably did his research and realized I’m going to cash in at somebody else’s expense. It’s plain and simple someone was taken advantage of here. Now let’s just say he was a very honest guy if that is the case then he would need to go back to the family and say hey I will split the profits with you. This guy knew exactly what he was doing from the very beginning

cook_dw 02-21-2020 12:08 AM

I’m not taking anyone’s side here. I’m merely saying there is always 2 sides to a story. I don’t know both sides and honestly do not care as it doesn’t affect me at the end of the day. Just giving another possible scenario or perspective. Guy might be a dirtbag but who am I to say he’s this or that.?.:biggthumpup:

chevmal 02-21-2020 04:41 AM

Wow, What speculation You guy's could write a book. lol

chads454Ls6 02-21-2020 09:07 AM

Seems fishy to me. The guy buys the car for 40k, then does a video on it at the owners house and talks about How rare it is, and then he wants $225k and lives down the street? Who would want that kind of attention, and have the owners family driving by your house everyday looking like they want to “kill you”.

JKZ27 02-21-2020 09:54 AM

Lot of scenarios possible here. I keep coming back to "turned down $175". Sounds greedy.

Cool car and I hope it ends up in the right hands with enough cash left on the table for a proper resto if it needs it.

EZ Nova 02-21-2020 12:11 PM

Quote:

Originally Posted by JKZ27 (Post 1484269)
Lot of scenarios possible here. I keep coming back to "turned down $175". Sounds greedy.

Sorry but the new "buyer" sounds like a ass! Friend or not, knowingly ripping the people off that bad is pure SCUM in my book.

UNLESS, after the deal the buyer said that he legally stole this car and wanted to make things right and split the profit 50/50.

I see this transaction being an informed buyer praying on a less informed sell. Just like the scammers that talk older people out of there 401k or the whole reverse mortgage thing.

If it were me, and some of you better of high end car owners can disagree, but I would have taken the quick $175. Then went back to the seller with 2 cheques. First for another $30k. If the seller was genuinely happy and respectful with that cheque, then say here's the rest you should have got. And give him the second cheque for another $30k. Tell him you sold the car for $175 and you kept $75k for yourself, and they got $100k for the car.

But that's just me. Karma's a bitch and it will come back and bit you in the ass sooner or later. And I have done this on 7 different occasions now. The 2nd cheque really surprises them.

SS427 02-21-2020 01:11 PM

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.

x33rs 02-21-2020 01:28 PM

Quote:

Originally Posted by Copo_Cartel (Post 1484117)
It is already for sale...guy wants 225k ...said he turned down 175k

Wow, I guessed a little light on that one LOL

Sean 02-21-2020 02:10 PM

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 02-21-2020 06:04 PM

----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 02-21-2020 06:23 PM

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 02-21-2020 06:29 PM

Quote:

Originally Posted by olredalert (Post 1484309)
----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 02-21-2020 06:59 PM

Quote:

Originally Posted by Tracker1 (Post 1484312)
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. :)



https://media1.giphy.com/media/3o7bt...wDBe/giphy.gif

Copo_Cartel 02-21-2020 07:45 PM

Quote:

Originally Posted by olredalert (Post 1484309)
----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 02-22-2020 03:45 AM

Quote:

Originally Posted by Copo_Cartel (Post 1484117)
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 02-22-2020 04:36 AM

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

MosportGreen66 02-22-2020 11:59 AM

Quote:

Originally Posted by SS427 (Post 1484280)
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


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