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Did COPO chevelles get a side stripe?
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Optional, I think, had to be ordered.
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Correct, optional.
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It was RPO D-96 for extra $26.35,although I've seen some dealers round this # both up & down.
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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.
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Barn find? you mean "the word got out" find.
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I gotta ask/wonder how much it was bought for? Anyone wanna take a guess at what it sold for.
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The amount was 40k
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The neighbor 5 houses away that works at the Marathon plant purchased it.
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A shame the long time owner apparently did not get paid anywhere near its worth.
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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. |
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:
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Keep an eye for it. It'll probably be for sale in 6 months for twice the price.
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It is already for sale...guy wants 225k ...said he turned down 175k
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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.
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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 |
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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. |
If the buyer is a dealer the seller has legal recourse for being taken advantage of.
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Knowing right from wrong and doing the right thing is what separates this forum from the rest of them.:flag: |
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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. |
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
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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:
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Wow, What speculation You guy's could write a book. lol
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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”.
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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. |
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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. |
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. |
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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.
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----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
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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. :) |
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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! |
"This BS is amazing to me"..............that about sums it up.
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Dan |
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