1969 427 COPO Barn find

[Charley Lillard]

A shame the long time owner apparently did not get paid anywhere near its worth.

[Copo_Cartel]

Originally Posted by Charley Lillard

A shame the long time owner apparently did not get paid anywhere near its worth.

I agree Charley ...I feel bad for the family ...I am sure they could of used the funds.

[Chevyfever]

Originally Posted by Copo_Cartel

I agree Charley ...I feel bad for the family ...I am sure they could of used the funds.

There was only one brother left in that family, surprised if it sold that cheap.
The two brothers built and restored mostly hot rods he would have surely would have known
of the value.With that being said he is older and was probably taken advantage of.

[Unreal]

Well said Charley. Most of the time we endeavor to protect the ususpecting buyer, but seldom endeavor to protect the unsuspecting seller. We often applaud the buyer who got a steal, when that's exactly what they did.
About 20 years ago, my aging aunt was offered $1500 for a '46 or '47 Packard woodie, which had been in dry storage in the basement of my grandmother's grocery store since 1952. My aunt, who knew nothing about cars, especially Packard woodies, took the deal. You could argue that she was happy with the deal, so what's the harm? The flip side is that the car was probably worth at least $25,000 as it sat. If the guy had offered $15,000, I'd say he was just trying to get a good deal, but at $1500, he was outright stealing.

[70 copo]

Originally Posted by Unreal

Well said Charley. Most of the time we endeavor to protect the ususpecting buyer, but seldom endeavor to protect the unsuspecting seller. We often applaud the buyer who got a steal, when that's exactly what they did.
About 20 years ago, my aging aunt was offered $1500 for a '46 or '47 Packard woodie, which had been in dry storage in the basement of my grandmother's grocery store since 1952. My aunt, who knew nothing about cars, especially Packard woodies, took the deal. You could argue that she was happy with the deal, so what's the harm? The flip side is that the car was probably worth at least $25,000 as it sat. If the guy had offered $15,000, I'd say he was just trying to get a good deal, but at $1500, he was outright stealing.

This board has matured since the change from the original format and that is obvious right here in the discussion of this topic. A decade ago now I publicly called out a member of the old version of this forum who also happened to be a dealer who was openly posting about the car post sale and openly bragging about getting a Yenko Chevelle from an unsuspecting less than knowledgeable seller.

Knowing right from wrong and doing the right thing is what separates this forum from the rest of them.

[cook_dw]

On the flip side. Did the guy offer $40K or was that the sellers asking price? Big difference. Sometimes money isn't the point of the sale. Just trying to give another side of the coin. At the end of the day if both parties were happy with the sale and purchase was it really stealing? Not like he held a gun to the guys head. Or did he..?..

[x33rs]

Keep an eye for it. It'll probably be for sale in 6 months for twice the price.

[Unreal]

Originally Posted by cook_dw

On the flip side. Did the guy offer $40K or was that the sellers asking price? Big difference. Sometimes money isn't the point of the sale. Just trying to give another side of the coin. At the end of the day if both parties were happy with the sale and purchase was it really stealing? Not like he held a gun to the guys head. Or did he..?..

Maybe, maybe not. If the seller knew it was worth X, and knowingly put a price of X/3, then I agree with you. But if Uncle Jim told them it was worth X/3, and the family took his word for it, then they might be happy, but happy based on bad information. Not the same as happy based on good information.

People often say a good deal is one where both parties are 100% happy. I contend that a good deal is one where neither party is 100% happy. The seller sold for a little less than they wanted, and the buyer paid a little more than they wanted.

[Copo_Cartel]

It is already for sale...guy wants 225k ...said he turned down 175k

[x33rs]

Originally Posted by Copo_Cartel

It is already for sale...guy wants 225k ...said he turned down 175k

Wow, I guessed a little light on that one LOL