not illegal to spit on the sidewalk where i live. did u notice how many ls6 chevelles went thru the auction. i believe that only 2 or 3 werw documented. the others, as stated by the consignees, were undocumented.
When registering for an auto for auction you are asked to sign your statemnt of discription and produce any document you say will come with the car at the time of the sale. BJ has this on record, so whoever made the statement and provided such documents as the consignor/owner of that 442 is the guilty party. Someone got caught with their pants down and can be held accountable. The guy who got screwed resold it at a $75,000 loss. If that was me my lawyers would be knocking on the perps door at 9am with their hands out.
That car is almost exact to the real one I owned in the 80's same color and interior. Strange thinng it had a white factory top even with the black interior. I sold it for $9500 in 1986. Damn was I dumb.:eek2:
I am miffed! I thought the 10% commission paid to BJ was like insurance. They researched the sellers claims to make sure what comes across the block to be truthfully represented and backed it up. If they don't do this, why, as a buyer, would I pay them anything? I have never bought a car at auction, obviously. I don't mind buyer beware. What is the commission for?
Its their cut, for allowing you to sell your car at "their" house. What do you think this is "Loyds of London"? They can't even get the description of the cars right, what makes you think they have the ability to document anything. Duane
Renting the fairgrounds for a week . Renting tents . Paying hundereds of employees salarys . Paying auctioneers . Paying Police and security. Ect .. All that is Real cost those employees aren't FREE. Then the promotion of the vehicles . When you trade in your daily driver to ford or carmax why do you think the " trade in "price is 5k less then retail ? Same thing. I don't hear anyone complaining about that . And lots of those dealers are knowingly selling flood vehicles . PS i finally watched the auction on tv . Funny how the Speed crew acted if they never saw the car before . DL
From what I understand the buyer did get a refund and the original cosigner re ran the car at a less of a result this time. Hope mamma didn't already buy a new house :laugh: DL
As a former cop from Las Vegas (i was assigned to VIPER which handles auto theft) i apprehended in 6 months over 80 honda civics from late 80s to 2000 with stolen engines, trans, other parts, etc. I can tell you this most states if car is rebody, wrecked, etc will affix a silver sticker inside the door tag showing the name of state and VIN. Similar to NCIC which is federally and locally used to detect any stolen item whether car, gun, jewelry etc its a database of serial numbers. NICS is what insurance agency uses to monitor stolen vehicles and part #s. Most imports like Toyota or Honda inscribe even on glass pieces and all the parts a vin # for original equipment so if car has accident history unless using genuine parts with a vin affixed on a small white piece on the part it was a co part of aftermarket piece. Ran into this numerous times including stickers on jdm transmissions and vtec B series motors, one time the sticker came off when i hit the engine block with paint thinner and it came off and showed a stolen serial number beneath the sticker. car had stolen gun under glovebox and car was stolen years back from California. Guy was ex felon so hes doing a few decades as we speak:laugh: If you think these expert restorers can do unreal things to cars to cover up, check out high end crime syndicates out of eastern bloc of Europe or high line drug cartels. Years back we busted a crew chopping escalades, had 50 of them in a warehouse and their machine presses making metal vin plates under the window (front sill) looked exactly like a gm or ford or chrylser. good luck on differentiating between a legit one and a criminally enhanced vin. Ill bet a lot of money on the criminals. Same things when comes to credit card copying and the like. If you think a high line criminal enterprised cant do it, believe me they have more money and experts than actual companies to do this. ---------- Post added at 03:56 PM ---------- Previous post was at 03:50 PM ---------- Also i will tell you this, that a few minutes ago i got an email from a very serious family collector of all muscle cars, some of which a few of you know, that said they just bought a car from a guy who was flown in to verify this 442 and it went like this verbatim: BJ AZ - fully documented car BJ PB - no docs, its a fake period This family is a serious collector and has done business with several people on this board, but i wont state that partys name. If it was legit i can tell you this much it probably would be going to this family who would know about the car being the real deal and would know exactly who bought it. Someone say "major litigation?"
If recourse was made then probably wont be any litigation. BJ and Mecum in their legal rights point out they go on what seller states and offer no actual "backing" of whether facts or paperwork are truthful or not. There have been cases which BJ/Mecum won but without question they re wrote their policies and paid settlement money to avoid a much bigger problem with people from the past claiming they were done wrong and sue presently and accordingly. Corporate litigation is really taking off. Some guy 2 years ago went to back of his winnebago to make coffee and let the RV on cruise control and totalled the vehicle. Didnt say you shouldnt in the owners manual and he won though it is being contested. Craig Jackson and Dana Mecum didnt make money from giving away anything or losing money. Same with Las Vegas casinos. Think like a company and you will see why.
Sorry, I gotta disagree with you on two counts: 1. If it was a Buick, you guys would be dancing in the streets and having a circle jerk how Buicks finally have attained the value of the rest of their GM brethren. 2. NO ONE deserves to get fleeced just because s/he has money to throw around. I don't get that mentality AT ALL.
From the poor job they do on the show, I'd say they haven't seen any of the cars before. What was JW's old signature line about opening one's mouth and removing all doubt? This weeks mistake was saying the Buick 400" was used into the early 70's. If you don't know the answer, why take a stab at it in front of a live audience???
That screw up was from Mecum which is on Velocity channel not BJ on Speed channel. I saw that as well and just rolled my eyes. I actually thought they might correct it but they never did.
I believe they *think* they know, stab or otherwise. It's no different than when we answer a question on a forum like this - our intentions are good, but we may not always get it right. But I'm with ya otherwise. Those folks are MCs because they're MCs, not because they know their cars.
That was Mecum. Thanks for the clarification :TU: ---------- Post added at 01:52 PM ---------- Previous post was at 01:48 PM ---------- 1. Dancing maybe but not necessarily circling 2. I agree
Sorry, Jim, but I gotta disagree. When I go to Subway and buy a 12-incher, I am going to assume that a big company such as Subway (a CT company meddling in NJ food) is one of integrity and I can count on them for selling me a 12-inch sandwich. When they are found to be shorter than 12 inches, problems will arise. (http://www.huffingtonpost.com/2013/01/25/subway-footlong-scandal_n_2550156.html) When it comes to cars, you can have a potential buyer attending Barrett-Jackson and getting his/her fill of the creme de la creme of muscle cars. The auction house operates as a buffer between the buyer and seller and has a reputation to uphold for both. Sure, there is some due diligence on the part of the buyer to research the vehicle, but B-J does its darndest to give buyers the peace of mind to trust them even though they are not responsible for the seller's claims. And when you have documents supporting a claim that vehicle in question came with the W-27 rear, etc. how can you know for sure? I don't think all of us are capable of knowing exactly what's the correct font for a window sticker - these are things that take years and years of experience to know. Your house example is a poor example because it's a black-and-white example, while cars don't have the luxury of being able to hire an inspector who's been trained in housing codes set by a state. Again, when it comes down to it, we enter transactions all the time with the expectation that the claims being made are true. Why should we expect anything different with cars? When the intention is to defraud, the blame goes on the seller, not the buyer. It's strange that you feel so strongly about the seller committing fraud - It's almost like blaming a woman for rape because of what she was wearing.o No:
So I guess all the people who got screwed by Bernie Madoff deserved it also because what the hell, most of them were rich anyway. A crook is a crook no matter how you slice it and the people they screw are the victims. Any crook, big or small should be held accountable and brought to justice. So I disagree with you statement also.
I'm going to guess - and I could be wrong - that the real issue with Jim is that he feels big money is ruining the hobby.
