JD Classics, what have they been up to?
Discussion
lowdrag said:
Here are couple of shots I took there a couple of years back. I wasn't allowed to sit in nor open the bonnet of any car.
https://www.flickr.com/gp/149566328@N08/03xB5b
https://www.flickr.com/gp/149566328@N08/399vn4
https://www.flickr.com/gp/149566328@N08/no9bg9
https://www.flickr.com/gp/149566328@N08/GXc0W0
I would love to flick some mud n dust around the place :-)https://www.flickr.com/gp/149566328@N08/03xB5b
https://www.flickr.com/gp/149566328@N08/399vn4
https://www.flickr.com/gp/149566328@N08/no9bg9
https://www.flickr.com/gp/149566328@N08/GXc0W0
POORCARDEALER said:
Almost inconceivable you wouldnt make money buying classics from 2009 onwards in a bull market unless you were getting horrendous guidance
I don't think this is about losing money overall, there were too many deals done over a long period for that not to have been the case. The claim is more related to the loss of profits on some deals that were alleged to have been done with 3rd party buyers that apparently didn't exist, i.e. JD being both the buyer and seller so they were making profit from the sale and making commission on the deal (against apparently inflated values of the cars), even though they were deemed to have been acting as the agent for the seller.Edited by POORCARDEALER on Friday 23 March 10:59
Many in jag circles that are not particularly hands on with their cars think that JDC are the dogs danglies .
Others won't touch them with a sterile barge pole wearing gloves .
I have worked on a couple of cars that had been through their hands and sold at premium prices , I soon became unimpressed.
I shall watch with interest but fear that the winner will be the one with the best legal team .
Others won't touch them with a sterile barge pole wearing gloves .
I have worked on a couple of cars that had been through their hands and sold at premium prices , I soon became unimpressed.
I shall watch with interest but fear that the winner will be the one with the best legal team .
rgw2012 said:
POORCARDEALER said:
Almost inconceivable you wouldnt make money buying classics from 2009 onwards in a bull market unless you were getting horrendous guidance
I don't think this is about losing money overall, there were too many deals done over a long period for that not to have been the case. The claim is more related to the loss of profits on some deals that were alleged to have been done with 3rd party buyers that apparently didn't exist, i.e. JD being both the buyer and seller so they were making profit from the sale and making commission on the deal (against apparently inflated values of the cars), even though they were deemed to have been acting as the agent for the seller.Edited by POORCARDEALER on Friday 23 March 10:59
Doofus said:
If JD deliberately and intentionally defrauded the client, then they appear to have done a pretty poor job of covering thier tracks. Arrogance, ignorance or innocence?
Yep, it does seem extraordinary. The accusation is that the gullwing was on their stand, for sale, at a major motor show after they claimed to have sold it. Edited by Norfolkandchance on Friday 23 March 14:09
grumpy52 said:
Many in jag circles that are not particularly hands on with their cars think that JDC are the dogs danglies .
Others won't touch them with a sterile barge pole wearing gloves .
I have worked on a couple of cars that had been through their hands and sold at premium prices , I soon became unimpressed.
I shall watch with interest but fear that the winner will be the one with the best legal team .
Which restoration shop would you suggest ? Others won't touch them with a sterile barge pole wearing gloves .
I have worked on a couple of cars that had been through their hands and sold at premium prices , I soon became unimpressed.
I shall watch with interest but fear that the winner will be the one with the best legal team .
I’m planning on a series 3 build soon when I have the spare funds, do you not think there work is up to scratch and who do you think would do a better job for me
loose cannon said:
Which restoration shop would you suggest ?
I’m planning on a series 3 build soon when I have the spare funds, do you not think there work is up to scratch and who do you think would do a better job for me
If you were seriously considering JD then you already have enough funds for two restorations.I’m planning on a series 3 build soon when I have the spare funds, do you not think there work is up to scratch and who do you think would do a better job for me
EXKAY120 said:
I would love to flick some mud n dust around the place :-)
Their stand at XK60 was full of very shiny dead things. The moment the clouds came over everything was covered in plastic to make sure it staid very shiny. I'm sure there are many potential buyers who want their classics to be shiny, personally I like them to look like they have some personality and appear a little lived in. I guess you pay's your money and you takes your choice.
a8hex said:
EXKAY120 said:
I would love to flick some mud n dust around the place :-)
Their stand at XK60 was full of very shiny dead things. The moment the clouds came over everything was covered in plastic to make sure it staid very shiny. I'm sure there are many potential buyers who want their classics to be shiny, personally I like them to look like they have some personality and appear a little lived in. I guess you pay's your money and you takes your choice.
aeropilot said:
I'm surprised JD haven't already gone down the trendy 'fake patina' route yet then.......
Surely theres nothing worse than an old car with a better than new finish?Im not criticising JD, they have obviously been doing something right. You do find that in many cases the restorations of these cars are rarely open checkbook jobs and the owners decisions dictate the level they go to.
I do however struggle to see the attraction in sticking some matt lacquer in the final coat to kill off the shine.
ExVantagemech.. said:
aeropilot said:
I'm surprised JD haven't already gone down the trendy 'fake patina' route yet then.......
Surely theres nothing worse than an old car with a better than new finish?Im not criticising JD, they have obviously been doing something right. You do find that in many cases the restorations of these cars are rarely open checkbook jobs and the owners decisions dictate the level they go to.
I do however struggle to see the attraction in sticking some matt lacquer in the final coat to kill off the shine.
It tends to be the interiors I'm not so keen on though, which is a problem for owners generally. When you get to the stage where the interior needs replacing, new leather in an old car always looks wrong to me.
loose cannon said:
Which restoration shop would you suggest ?
I’m planning on a series 3 build soon when I have the spare funds, do you not think there work is up to scratch and who do you think would do a better job for me
Before:-I’m planning on a series 3 build soon when I have the spare funds, do you not think there work is up to scratch and who do you think would do a better job for me
https://www.flickr.com/gp/149566328@N08/b613h6
https://www.flickr.com/gp/149566328@N08/48Dp2P
After:-
https://www.flickr.com/gp/149566328@N08/1fG2Dt
https://www.flickr.com/gp/149566328@N08/1vdr44
You can follow the series of photos. The car was getting doggy having done over 100,000 since I bought her 30 years ago, so I decided on a rebuild in factory colours.
For someone who knows his job and would cost about one third of a JD Classic rebuild speak to Lee Ridley of Castle Classics
Edited by lowdrag on Friday 23 March 16:35
a8hex said:
Their stand at XK60 was full of very shiny dead things. The moment the clouds came over everything was covered in plastic to make sure it staid very shiny.
I'm sure there are many potential buyers who want their classics to be shiny, personally I like them to look like they have some personality and appear a little lived in. I guess you pay's your money and you takes your choice.
I'm sure there are many potential buyers who want their classics to be shiny, personally I like them to look like they have some personality and appear a little lived in. I guess you pay's your money and you takes your choice.
XK60....A great weekend by the way Ken :-)
Edited by EXKAY120 on Friday 23 March 17:06
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