Billionaire insurance CEO takes car dealer to court.
Billionaire insurance CEO takes car dealer to court.
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Budflicker

Original Poster:

3,799 posts

205 months

Sunday 5th January 2020
quotequote all

Oh Dear!


https://www.dailymail.co.uk/news/article-7853557/B...

Coys agreed to repay the money but have not done so?

craigturbo2

450 posts

253 months

Sunday 5th January 2020
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Surely if you are paying 400k for a classic, you would do more homework on said vehicle..would have thought he would have staff member to carry out task..

tr7v8

7,523 posts

249 months

Sunday 5th January 2020
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craigturbo2 said:
Surely if you are paying 400k for a classic, you would do more homework on said vehicle..would have thought he would have staff member to carry out task..
Yup also German rules different to UK. In Germany TUV everything as a modification has to be TUV approved. If I was spending 4K let alone 400K I'd have done due diligence.

popegregory

1,868 posts

155 months

Sunday 5th January 2020
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Isn’t the standard PH response to this sort of thing to “chalk it up to experience?”

Driver101

14,451 posts

142 months

Sunday 5th January 2020
quotequote all
There was a thread on here before about a very expensive classic 911 that turned out to made up of the wrong parts.

Is this this same car?

Driver101

14,451 posts

142 months

Sunday 5th January 2020
quotequote all
I can't find the thread, but this must be the same car.

The owner started the thread and kept it updated. He couldn't name the dealer with PH rules.

993rsr

3,627 posts

270 months

Sunday 5th January 2020
quotequote all
Driver101 said:
I can't find the thread, but this must be the same car.

The owner started the thread and kept it updated. He couldn't name the dealer with PH rules.
Different car, the other one was a 911S with a British buyer bought from a UK dealer.

MDL111

8,400 posts

198 months

Sunday 5th January 2020
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craigturbo2 said:
Surely if you are paying 400k for a classic, you would do more homework on said vehicle..would have thought he would have staff member to carry out task..
Have never paid that much for a car, but recently bid on a couple of cars on the basis of the information the dealers gave me (ultimately hope they don’t lie to me when I ask a question..). Have bought my last 4 cars unseen. Probably too trusting and will eventually get burned

Andyoz

2,920 posts

75 months

Sunday 5th January 2020
quotequote all
craigturbo2 said:
Surely if you are paying 400k for a classic, you would do more homework on said vehicle..would have thought he would have staff member to carry out task..
Exactly what I thought.

Some people are just too rich. Wonder if he planned to drive it much.

Driver101

14,451 posts

142 months

Sunday 5th January 2020
quotequote all
993rsr said:
Different car, the other one was a 911S with a British buyer bought from a UK dealer.
I'm sure it was a RS. The thread was closed when he was waiting for his money to be returned, but the dealer was stalling.

Everything about the story, value and circumstances sounds the same.

Cheib

24,949 posts

196 months

Sunday 5th January 2020
quotequote all
There's an eye watering thread about Coys on 911 UK.

Driver101

14,451 posts

142 months

Sunday 5th January 2020
quotequote all
Cheib said:
There's an eye watering thread about Coys on 911 UK.
Can you link it please?

Peter911

579 posts

178 months

Sunday 5th January 2020
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Driver101 said:
Cheib said:
There's an eye watering thread about Coys on 911 UK.
Can you link it please?
Or thread title or keywords, or first poster. Nothing leaping out at me

LarJammer

2,380 posts

231 months

Sunday 5th January 2020
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Driver101 said:
993rsr said:
Different car, the other one was a 911S with a British buyer bought from a UK dealer.
I'm sure it was a RS. The thread was closed when he was waiting for his money to be returned, but the dealer was stalling.

Everything about the story, value and circumstances sounds the same.
Definitely a different car, it was a 1972 S.

Cheib

24,949 posts

196 months

Sunday 5th January 2020
quotequote all
Peter911 said:
Driver101 said:
Cheib said:
There's an eye watering thread about Coys on 911 UK.
Can you link it please?
Or thread title or keywords, or first poster. Nothing leaping out at me
I can’t find it either. PM me if you would like a summary....

Mikebentley

8,160 posts

161 months

Sunday 5th January 2020
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Didn’t a certain Mr Evans lose lots of money on a Ferrari with the wrong engine so there maybe a legal precedent on this.

Cheib

24,949 posts

196 months

Sunday 5th January 2020
quotequote all
There was a similar case with a 356 Speedster a couple of years ago that a pretty well know Porsche specialist had sold as matching numbers car...which it wasn’t. I happened across it when it was at another Porsche specialist who had arranged for third party experts to inspect the car as part of legal proceedings.

Beautiful looking car....I would never buy an old car without a PPI. The buyer in this case had trusted the selling dealers reputation.

av185

20,464 posts

148 months

Sunday 5th January 2020
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Rerun of JD Classics.

gtsralph

1,303 posts

165 months

Sunday 5th January 2020
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Also a case over a 1920’s Bentley where it was held that it was correctly described as original by Stanley Mann even though non-original but correct specification parts had been fitted in maintaining the car over it’s lifetime.

“A Chippendale chair is still a Chippendale chair even though a leg or two might have been replaced using same wood”

Fast Bug

13,185 posts

182 months

Sunday 5th January 2020
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Driver101 said:
993rsr said:
Different car, the other one was a 911S with a British buyer bought from a UK dealer.
I'm sure it was a RS. The thread was closed when he was waiting for his money to be returned, but the dealer was stalling.

Everything about the story, value and circumstances sounds the same.
Nope definitely an S if it was the one I saw