Introducing........RAT’S NEST

[bergy]

I have negotiated an agreement with the seller for a future additional payment if I am able to document a rare car. I think that it's a good idea if you are paying a "maybe" price for a rare car. I've actually paid out on the agreement in the past.


To be honest, I really hate those stories of buyers who know for certain that a car is rare and valuable and proceed to rip off widows and other sellers who are not knowledgeable. However, I believe that it is fair to offer $50k for a car that has a future worth of $150k if the buyer is faced with a $100k restoration bill! Many people don't understand how expensive these restorations are - especially if rare parts are missing or damaged.

[67BelAir427]

Originally Posted by bergy

I have negotiated an agreement with the seller for a future additional payment if I am able to document a rare car. I think that it's a good idea if you are paying a "maybe" price for a rare car. I've actually paid out on the agreement in the past.


To be honest, I really hate those stories of buyers who know for certain that a car is rare and valuable and proceed to rip off widows and other sellers who are not knowledgeable. However, I believe that it is fair to offer $50k for a car that has a future worth of $150k if the buyer is faced with a $100k restoration bill! Many people don't understand how expensive these restorations are - especially if rare parts are missing or damaged.

Well said, I totally agree. The flip side of the " score of the century" should never be someone elses's loss. You should be commended for your honesty.