FRAUD - PA. Auto Dealer Sues Over Bogus 1970 Chevelle SS LS6

WITHOUT DOCUMENTATION - YOU HAVE LITTLE...

Yes, Garagistry does beat a drum for Classic Car owners everywhere to document and preserve their vehicle's provenance and history.  For without well-maintained and annotated documentation a vehicle is as claimed, future owners might posses little more than empty assurances...

For the sake of the hobby's future and credibility, Garagistry continues to urge all Classic owners to take positive steps to create a digital record of their vehicle's experience and history. Transparency of a vehicle's history will soon be the norm when presenting and representing a Classic for sale; so today is a great day to get started.

We have published multiple articles of unscrupulous sellers passing off to unwary buyers vehicles that were at least misrepresented, if not a clear instance of fraud. Sellers should be fully transparent when representing a vehicle, and - buyers, if it sounds too good to be true, it usually is!


Consider some of the previous articles when reading the news report below:


1966 Corvette Roadster - $16,000 - Ex. Cond. - Pics - MUST SELL




Classic Car Fraud - A Growing Problem?

The following report, as originally published in the PennRecord.com:
by: Gene Johnson - Mar. 15, 2016

AUTO DEALER ALLEGES PREMIER AUCTION MISREPRESENTED CLASSIC CAR

1970 Chevrolet Chevelle SS LS6
HARRISBURG – A Clinton County auto dealer is suing two other vehicle dealers for $125,000, alleging it purchased what turned out not be a classic Chevrolet Chevelle SS LS6.

Central Pennsylvania Auto Auction Inc. of Lock Haven filed a lawsuit Dec. 29 in U.S. District Court for the Middle District of Pennsylvania against Premier Auction Group LLC and Leaded Gas Classics LLC alleging fraud, breach of contract and negligent misrepresentation.

In April 2015, Central, through a representative, attended an automobile auction hosted by Premier in Punta Gorda, Florida, where Premier was offering a 1970 Chevrolet Chevelle SS LS6, the suit states, and Leaded provided Central with the information regarding the Chevy.

In reliance on the representations of Premier and Leaded, the complaint states, Central Pennsylvania won the car with an auction bid of $125,000. Central then transported the car to Pennsylvania, where it was sold to a third party for $172,000.

Central alleges it became aware of issues with the vehicle’s authenticity when a third party buyer sold to the car’s original owner in Indianapolis.

Central, according to the suit, conducted an independent inspection and determined the vehicle was not a true Chevrolet Chevelle SS LS6.

Central Pennsylvania Auto Auction seeks a jury trial, damages of $125,000, plus interest, costs, punitive damages and other and relief the court may deem appropriate. The plaintiff is represented by attorney Stephen F. Gehringer of the Law Offices of Bruce Shaw PC in Willow Grove.

Garagistry will be monitoring this timely story for its resolution and will report back to you when a verdict is made.

So - What, How & Where Do You Obtain Provenance?

To Garagistry, provenance simply means "the recorded history of the ownership and experiences related to a classic vehicle".

Provenance is the documentation and description of how things (in our example, your classic vehicle) came to be and what experiences your classic has had. The history of ownership alone is just one piece of the total history of a vehicle. When fully explored, that same record of ownership could and should include the origin of a source (when, where, by whom / for whom it was made). Essentially, we are talking about the legacy of your classic - the experiences a classic vehicle provided the owner (YOU)!

Sources of Provenance Information

When discussing the provenance (aka: the origin) of an object, such as a classic vehicle, it is important to know whether it is a primary source or a secondary source. A primary source is one written or created by someone who had personal experience of the events it refers to. A secondary source is one created by a third party who has used evidence from a variety of sources to draw conclusions about the history involved.

Gargistry provides you the tools and opportunity to create a primary digital source of provenance for your classic. Even if you only start with the history since you acquired the vehicle, think of the value your information will be to future owners! The more information to can obtain, the further back you may be able to establish your classic vehicle's provenance.

Documents that help create provenance are originals (or copies) of build sheets, factory documentation, original sales forms, window stickers, registration paperwork, old titles and any expert certifications. And don't forget the value of maintenance records and receipts for parts and service - they all help build and document your vehicle's provenance.


Conclusion:

Garagistry advisor, David Burroughs of Prove-It has repeatedly made the point of how critical photographic evidence of work done affects the value of any vehicle. Then expand into events or activities your vehicle participated in and you can understand appreciate how the next owner will value and appreciate what you're sharing with them.

Enjoy reminiscing and documenting your Classic today...

The Garagistry Team

No comments: