JD Classics, what have they been up to?

[rovermorris999]

I-am-the-reverend said:

He's very keen and the vids are good........but the comedy (but deadly serious) Italian accent for pronouncing car names like Alfa Romeo make my teeth itch.
I showed one to my mate Fabio and he laughed like a drain. Like an Italian version of Allo Allo.

He is actually Italian apparently.

[DonkeyApple]

williamp said:

I dont get that bit.

Their value is what people will pay for them... the market has changed and you cant complain your car is down in value..

...unless you call it an "investment"

there would need to be 'advice' which they would then need to be suitably regulated for.

The wording itself seems very fair and normal. It's there because some of the customers will be thicko compo face potatoes who genuinely think everything must always go up in value and this time next year they'll be millionaires so they go balls deep in debt to get hold of an object they've seen other people buying and then when it transpires they chose to pay far more than it was worth or the market pulls back they want all their money back on the legal grounds of 'unfair & I didn't know'. It just seems to be saying jog on if a muppet.

Now if the salesman has given clear financial advice that this was an investment and would almost certainly increase in value then that's an issue but I would assume that in their terms there is a clause that nothing The say or do can be construed as financial advice or advice in any way.

Personally, I think a lot of old used car dealers sail extremely close to the wind in that area but also what kind of idiot walks up to a used car dealer and suddenly devoutly believes what they say just because they've had some elocution lessons and are wearing a bit of tweed. To me that makes them even more obviously shifty.

If you're spending money that it would annoy you to lose beyond a certain level then only a fool doesn't spend a bit of money on top ensuring what they're paying for is what they're getting and that at least one party involved is on the hook for paying out.

[AW10]

DonkeyApple said:

Is this pertaining to the company that looks to be run by Chuck's less kickass brother?

That’s the one.

DonkeyApple said:

Normally when you see that many director rolls the person is just a nominee but here it looks to be what the media would refer to as a 'serial entrepreneur'?

Nothing wrong with serial entrepreneurs but when there appears to be overlap, sometimes significant, in what the companies do and the names are similar enough to create possible confusion/misunderstanding I start to wonder if that adjective should be applied to another noun.

DonkeyApple said:

I have a near religious habit of skimming CH on a company before getting in a car to drive a fair distance let along before any thought of short hands delving into long pockets to reluctantly produce a wallet. Rightly or wrongly, fairly or u fairly, what I see there would trigger my basic rule to walk away. Fine for buying something cheap and living with any consequences but for a significant transaction it's not for me.

If something goes wrong you do want to know that there are things on the other side the company views as worth protecting so willing to talk and discuss but ultimately you want to know there are assets of note.

To me, if I am looking at the right company, there's nothing of any worth, I suspect the assets are just cars which can be hidden in minutes so worthless and the track record of endless dissolutions just makes me think any dispute would result in pheonixing.

Probably tremendously unfair as I know absolutely nothing of the company, the brand, the people bit just that for me personally, when I look at the basic CH data that's the end of the journey for me.

Vehement agreement - the CH data can be quite revealing and sudden drops in assets or spikes in debt levels can indicate that a company’s future is less than sunny and bright. Sometimes through misfortune, sometimes by intention.

[aeropilot]

lowdrag said:

12TS said:

aeropilot said:

Very much so.

I suspect said 'specialist' might be getting a bit sweaty.

Companies House is quite interesting. Can’t see any real assets to go after.

This is part of the same court proceedings:-

https://journal.classiccars.com/2019/02/06/jd-clas... Their house was sold for over £2 million I recall, I think someone on PH bought it.

Edited by lowdrag on Saturday 9th December 02:45

I think you've got a bit confused by the thread drift about the 'specialist' dealer that sold the E9 CSL, which is what myself and the person who quoted were referring to, not JD.

[Shy Torque]

I-am-the-reverend said:

Purosangue said:

MarkwG said:

silentbrown said:

RichB said:

Never heard of him so I looked him up. My immediate thought was, oh no, not yet another 'Crazy YouTuber' who grins like a maniac as he poses for a selfie. Can you imagine Harry doing this to promote his videos.

Have a read here. He's been around a fair time. https://en.wikipedia.org/wiki/Jonny_Smith_(journal...

Indeed - whilst I really enjoy Harry's videos, there's more than one way of doing it, & they're equally valid

Harry and Jonny are both Journalists , Harry from EVO fame Jonny from fifth Gear , Have a lot of respect for both of them , certainly not your "typical annoying You tuber "

If you want annoying look at " number 27 " ..........Don't just Don't

He's very keen and the vids are good........but the comedy (but deadly serious) Italian accent for pronouncing car names like Alfa Romeo make my teeth itch.
I showed one to my mate Fabio and he laughed like a drain. Like an Italian version of Allo Allo.

If you’re referring to Number 27, Jack (Giacomo) is Italian.

[DodgyGeezer]

Purosangue said:

Harry and Jonny are both Journalists , Harry from EVO fame Jonny from fifth Gear , Have a lot of respect for both of them , certainly not your "typical annoying You tuber "

If you want annoying look at " number 27 " ..........Don't just Don't

O/T a little but... I just watched Number 27's review of a modded MGB-GT and quite enjoyed it

[PAUL.S.]

Did the CSL dealer mentioned have a rather rare yellow car that was running around for years in plain sight on another examples UK number plates, whilst the correct one was actually in Mexico?

[12TS]

AW10 said:

Vehement agreement - the CH data can be quite revealing and sudden drops in assets or spikes in debt levels can indicate that a company’s future is less than sunny and bright. Sometimes through misfortune, sometimes by intention.

I thought they were *the* place to buy niche BMWs. It was only a comment on this thread that made me look a little deeper.

I often check CH out of curiosity when names get mentioned on here. If I were in the market for something nice CH would be the first stop on my DD. It’s so easy to do.

[aeropilot]

12TS said:

AW10 said:

Vehement agreement - the CH data can be quite revealing and sudden drops in assets or spikes in debt levels can indicate that a company’s future is less than sunny and bright. Sometimes through misfortune, sometimes by intention.

I thought they were *the* place to buy niche BMWs.

They were once upon a time....

[I-am-the-reverend]

rovermorris999 said:

I-am-the-reverend said:

He's very keen and the vids are good........but the comedy (but deadly serious) Italian accent for pronouncing car names like Alfa Romeo make my teeth itch.
I showed one to my mate Fabio and he laughed like a drain. Like an Italian version of Allo Allo.

He is actually Italian apparently.

He sounds like Benny Hill tbh.

I do like his vids though. He also engages with the viewers - I bet he's a thoroughly decent chap.

[I-am-the-reverend]

DonkeyApple said:

williamp said:

I dont get that bit.

Their value is what people will pay for them... the market has changed and you cant complain your car is down in value..

...unless you call it an "investment"

there would need to be 'advice' which they would then need to be suitably regulated for.

The wording itself seems very fair and normal. It's there because some of the customers will be thicko compo face potatoes who genuinely think everything must always go up in value and this time next year they'll be millionaires so they go balls deep in debt to get hold of an object they've seen other people buying and then when it transpires they chose to pay far more than it was worth or the market pulls back they want all their money back on the legal grounds of 'unfair & I didn't know'. It just seems to be saying jog on if a muppet.

Now if the salesman has given clear financial advice that this was an investment and would almost certainly increase in value then that's an issue but I would assume that in their terms there is a clause that nothing The say or do can be construed as financial advice or advice in any way.

Personally, I think a lot of old used car dealers sail extremely close to the wind in that area but also what kind of idiot walks up to a used car dealer and suddenly devoutly believes what they say just because they've had some elocution lessons and are wearing a bit of tweed. To me that makes them even more obviously shifty.

If you're spending money that it would annoy you to lose beyond a certain level then only a fool doesn't spend a bit of money on top ensuring what they're paying for is what they're getting and that at least one party involved is on the hook for paying out.

Indeed.

A fool and their money etc.

I always found that the biggest crooks in the motor trade were those selling 'classics' (aka dodgy old crap with iffy provenance) rather than the home trader flogging old Mondeos.

[RichB]

I-am-the-reverend said:

rovermorris999 said:

I-am-the-reverend said:

He's very keen and the vids are good... but the comedy (but deadly serious) Italian accent for pronouncing car names like Alfa Romeo make my teeth itch. I showed one to my mate Fabio and he laughed like a drain. Like an Italian version of Allo Allo.

He is actually Italian apparently.

He sounds like Benny Hill tbh. I do like his vids though. He also engages with the viewers - I bet he's a thoroughly decent chap.

I came across his videos while looking for some TVR Griffith stuff. I don't dislike him although (IMO) he's not in the same bracket as Harry Metcalfe. I've also watched a few by a chap called JayEm who was reasonably watchable too, he had a go at driving a vintage Bentley and admitted that it's really not easy. I guess the Youtubbers that are egotists wouldn't attempt it for fear of having their credentials as a driving god rudely exposed. The main issue that they all seem to go bonkers with the hyperbole and over exaggerate their mannerisms. Harry just talks to you, through the camera, as if you are a normal person

Sorry for the thread drift, now back to Hood vs Turk.

[12TS]

I don’t think there’s much left with JD. However the other unnamed E9 seller is a bit more interesting

[mk1coopers]

12TS said:

I don’t think there’s much left with JD. However the other unnamed E9 seller is a bit more interesting

They do seem to be reverting to type though, using the JD name rather than WM, issues with sponsorship, selling cars at over inflated prices with a heavy dose of added history that may not be entirely accurate.

No doubt there were some very talented people working for them at one point, pity the people at the top got greedy

[DonkeyApple]

I-am-the-reverend said:

Indeed.

A fool and their money etc.

I always found that the biggest crooks in the motor trade were those selling 'classics' (aka dodgy old crap with iffy provenance) rather than the home trader flogging old Mondeos.

You might be right. There's going to be a far greater monetary reward from getting a clunker classic sold as a premium classic than masking issues on an old Mondeo to get it away at market value and I suspect the buyer group contain more rose tinted punters who just want a toy and want to believe. As well as that weird phenomenon that sees people automatically believing a grifter if they lay on some airs and graces and tweed as if they're landed gentry?

By all accounts Hood was such a grifter and Tuke was certainly a naive muppet that was going to get opened up like a tin of beans by the first grifter who got their teeth into him.

The chaps who work all their life to build up a successful business which they then sell and decide now is the time to synthesise that classic car collection as a means to start buying their way into a social scene are very rich pickings. If a grifter can get their teeth into one of them the opportunities can be immense.

I recall a few years ago taking one of my cars down the road to a preferred MOT centre in Cricklewood and the owner showing me a shopping list that had been drawn up for a chap who had recently sold his very successful internet business that everyone has heard of. The long and the short was that if I had any of the cars or could facilitate an acquisition on any of them then I'd get a large slug of the mark-up that was to be put on them. The chap building the collection was seemingly not doing any third party DD on the cars or worse, he was and the agent being used was in on the deal.

It's an incredibly bent market and even the most diligent can get caught out.

[rovermorris999]

Much like the horse dealers of old, now they're 'purveyors of gentlemen's carriages'.

[Dinoboy]

I remember my dad giving me some good advice when we were looking at old cars online.
Remember that no matter how much plate glass there is in the showroom or plummy voiced the seller is, likelyhood is your still dealing with someone who watched Minder and thought, I want to be Arthur Daley.

[TarquinMX5]

Dinoboy said:

I remember my dad giving me some good advice when we were looking at old cars online.
Remember that no matter how much plate glass there is in the showroom or plummy voiced the seller is, likelyhood is your still dealing with someone who watched Minder and thought, I want to be Arthur Daley.

Arthur? I thought it was Arfer

[Blib]

Dinoboy said:

I remember my dad giving me some good advice when we were looking at old cars online.
Remember that no matter how much plate glass there is in the showroom or plummy voiced the seller is, likelyhood is your still dealing with someone who watched Minder and thought, I want to be Arthur Daley.

That's true.

They work in a shop. That's it.

[DonkeyApple]

TarquinMX5 said:

Arthur? I thought it was Arfer

Not after the elocution lessons.

Technically, it becomes Artemis D'Aley.