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)

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.


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