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Originally Posted by 67BelAir427
Great story and research on owner history ! I have a question, and I am in no way attempting to dampen the spirit or be critical in any way. The difference between the price you paid and the actual value of the car on the day you took delivery, I assume is not a small amount ? There was a landmark court case here in Canada where a sale was reversed because the purchaser was slightly more knowledgable than the seller . The amount was less than $5000 . Seeing as we all have had our "great score" stories, but few have been as fortunate to have one as spectacular as yours, I just wondered if you were at all concerned that the seller might have remorse and want it back ? Or ask you for more money ? With our litigation prone society and the internet I just wondered if it was a concern?
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It's not a concern of mine for a couple of reasons....1) I myself was not sure what the car was when I bought it. 2) the owner openly discussed with me the possibility of it being a COPO car several times over the years including the day I bought it. Several years prior, he had a "local expert" check it out for that very reason and was told it was not. He had ample opportunity to get on the internet and do some homework.
I know the guy and like him very much, and will likely pay him a visit if/when I sell the car - if my investment total is significantly lower than the selling price. Tough to do these days.....as the saying goes "ya know how to make a small fortune selling collector cars? Start with a large fortune!"