Disturbing report on fraudulent 300SLs from famous dealer

Disturbing report on fraudulent 300SLs from famous dealer

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RDMcG

Original Poster:

19,823 posts

220 months

Saturday 7th December 2024
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This is a very concerning recent video about one of the most well known specialized German restoration shops for 300SL convertibles and Gullwings. It reports on years of systemic fraud. Scary stuff here.

Fessia fancier

1,245 posts

196 months

Tuesday 10th December 2024
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Indeed very scary, thanks for posting.

aeropilot

37,719 posts

240 months

Wednesday 11th December 2024
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I wonder how many million dollar 'moody' SL's this firm created......?

I bet every one that passed through his hands is now being scruntinised very carefully by some nervous owners.


CanAm

10,794 posts

285 months

Wednesday 11th December 2024
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The voice-over on that video was dreadful; it was an ordeal to listen to it through to the end. A computerised audio translate from the German original or AI?

I thought it was going to be about newly-built fakes, but it just seems to be about manipulating chassis and part numbers (and juggling the parts themselves) to create higher value 'matching numbers' cars or to change the ID of stolen vehicles.

Bluevanman

8,341 posts

206 months

Wednesday 11th December 2024
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These cars are still genuine SLs though, it's just their Ids that are dubious.
Just imagine how many RS Escorts and Mini Coopers there are which have bodyshells from lesser models with swapped chassis numbers.
Back in the day MK3 RS turbos were notorious for being ringed,it was so easy to do.
If there's money to be made people will do it, I bet there's thousands of restored classics that aren't what they started out as

aeropilot

37,719 posts

240 months

Wednesday 11th December 2024
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Bluevanman said:
These cars are still genuine SLs though, it's just their Ids that are dubious.
Just imagine how many RS Escorts and Mini Coopers there are which have bodyshells from lesser models with swapped chassis numbers.
Back in the day MK3 RS turbos were notorious for being ringed,it was so easy to do.
If there's money to be made people will do it, I bet there's thousands of restored classics that aren't what they started out as
Yes, but when high roller investors get 'ripped off' for multi millions it makes bigger headlines.


Wills2

25,523 posts

188 months

Wednesday 11th December 2024
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Reminds me of that old adage about rare cars, "Out of the 13 originally made, only 26 survive"










Bluevanman

8,341 posts

206 months

Wednesday 11th December 2024
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aeropilot said:
Yes, but when high roller investors get 'ripped off' for multi millions it makes bigger headlines.
And yet the guy in the video didn't get ripped off ultimately because his ringed SL was given a new ID by the authorities and so he still has a million pound car

TarquinMX5

2,234 posts

93 months

Wednesday 11th December 2024
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Very interesting and certainly thought provoking.

CanAm

10,794 posts

285 months

Wednesday 11th December 2024
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Should I ever be in the market for a classic car such as these, I would never buy a car based on its provenance, (eg, "originally owned by Stirling Moss - he sat in that very seat") or so-called matching numbers. I would be perfectly happy with a Gullwing owned by a string of unknowns, with a total mismatch of serial numbers, provided that I was happy with its condition. I'd be happier with a Lynx D-type with IRS and a 5-speed gearbox, than an original that's been repaired countless times over the last 65 years, with God knows how much of the original car left.

aeropilot

37,719 posts

240 months

Wednesday 11th December 2024
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CanAm said:
Should I ever be in the market for a classic car such as these, I would never buy a car based on its provenance, (eg, "originally owned by Stirling Moss - he sat in that very seat") or so-called matching numbers. I would be perfectly happy with a Gullwing owned by a string of unknowns, with a total mismatch of serial numbers, provided that I was happy with its condition. I'd be happier with a Lynx D-type with IRS and a 5-speed gearbox, than an original that's been repaired countless times over the last 65 years, with God knows how much of the original car left.
As would I.

But, we're enthusiasts, not 'investors' who buy based purely on it being worth X more in 5 or 10 years time, and likely never even have any intention of driving the cars.




LotusOmega375D

8,479 posts

166 months

Wednesday 11th December 2024
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Buy a car brand new directly from the manufacturer and keep it safe till you die. That’s what I’m doing.

hidetheelephants

29,503 posts

206 months

Wednesday 11th December 2024
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Rich schmucks getting rinsed for their millions. Boohoo.

AmyRichardson

1,667 posts

55 months

Wednesday 11th December 2024
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aeropilot said:
As would I.

But, we're enthusiasts, not 'investors' who buy based purely on it being worth X more in 5 or 10 years time, and likely never even have any intention of driving the cars.
Enthusiasts do buy high-provenance examples; if you're in deep with a brand and not short on cash then it's easy to succumb to the allure of, say, a team car.


That said, long-time enthusiasts tend to know their onions. They'll likely know the car they're looking at, they'll potentially know one or more former owners, they'll do the rounds in the community and take time/pleasure in the process. Conversely, an investor - looking to buy, gain and liquidate - will have to place himself in hands of a greasy "ginger cords and bonhomie" broker and hope for the best!

iguana

7,154 posts

273 months

Wednesday 11th December 2024
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LotusOmega375D said:
Buy a car brand new directly from the manufacturer and keep it safe till you die. That’s what I’m doing.
Well I transported a 300SL Roadster for a chap who has done exactly that, well actually his father did & he then in turn had it. Unrestored & lots of miles, an awesome car.

Cool thing was I collected it from the now defunct Kienle exactly 59 yrs to the day that his father had collected it just a few miles away at the factory from new & drove it back to UK.

LotusOmega375D

8,479 posts

166 months

Wednesday 11th December 2024
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I wonder how much of the original car he sent to them actually came back with you?

Fessia fancier

1,245 posts

196 months

Wednesday 11th December 2024
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hidetheelephants said:
Rich schmucks getting rinsed for their millions. Boohoo.
Thing is, fraud (assuming that is what it was, I am not involved so can't say) isn't excused just because the victim is well off. It isn't as if their customers went to a back-street garage. Keinle was the highest profile gullwing specialist.

nismocat

870 posts

21 months

Thursday 12th December 2024
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LotusOmega375D said:
Buy a car brand new directly from the manufacturer and keep it safe till you die. That’s what I’m doing.
This!

I bought a Dacia Sandero too, what colour did you go for?

aeropilot

37,719 posts

240 months

Thursday 12th December 2024
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LotusOmega375D said:
Buy a car brand new directly from the manufacturer and keep it safe till you die. That’s what I’m doing.
Great idea, but I'm half a century too late for that, as I couldn't afford a brand new Raleigh Chopper on my pocket money back then, let alone a new RS1600 laugh



LotusOmega375D

8,479 posts

166 months

Thursday 12th December 2024
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nismocat said:
LotusOmega375D said:
Buy a car brand new directly from the manufacturer and keep it safe till you die. That’s what I’m doing.
This!

I bought a Dacia Sandero too, what colour did you go for?
Black. Photo from collection day. Having just signed hand-over paperwork at factory gatehouse: