more on fakes are liable...

[0488TINTER]

it's a long read

firstly, the guy who bought the car is a tool - anyone who inquires on a car for $143,000 and plans to pay $90,000 is dick
if he was really looking for a $143,000 XW GT it would have been an absolute gem with documented history

Cant remember if they valued it at $12,00 or $15,000 but if it was good enough to pay $90,000 for the same car in non genuine form should be more like $25,000 of more

He sold it on as an original and has now set a precedent so the guy he sold it to can do the same to him

Always worth tracking the real history of the car hey

[sandasharpe]

I think it works this way - but I'm no Lawyer. This first guy is home and hosed because he did not benefit greatly. He sold a car for 18K that was probably worth 30K as a replica. ( based on the old formula of a top quality replica being around a third of the original). Even on the Judges value of 15K there's not much to sue over. Remember this is a civil case. If the first guy did the re-birth and it was illegal when he did it there may be a criminal case to answer.

By selling a the car for 90K based on the premise that it was an original, the second couple become vulnerable. Even using 30K as the value they are still gunna get clobbered.

The 3rd guy is off the hook as no sale was made.

New rule - "seller be ware".

I feel sorry for the second couple, they must have thought all their Xmases had come at once. Naivety is no excuse however.

Makes me wonder about the 1st guy. Did he know? Why was he selling an original way under market value? We'll probably never know the truth. Also of concern is the judges over reliance on one experts testimony (as to the value of the replica). My Dad always said the definition of an expert is: an ex is a has been, and a spurt is a drip under pressure.

[Sandaro]

The bit I can't work out (or at least is not explained in the judgment) is it says the plaintiff (buyer) sold it in 2009 and it was the subsequent buyer who found it to be fake. Did the plaintiff refund the sale and take the car back oe get sued himself?

How much did he sell it for? (that would have determined it 09 value (even if it ws genuine he would have copped a loss between '07- Peak of muscle car market and '09)

[buck]

shows how the values have dropped this is advertised as genuine
http://www.carpoint.com.au/all-cars/...35&keywords=xy gt&SearchAction=N&__Ntk=CarAll&__Nne=15&__Dx=mode matchany&__D=xw gt&silo=1011&seot=1&__sid=12DFF7977D08&__N=1216 1246 1247 1252 1282 4294966463&__Ns=pCar_RankSort_Int32|1||pCar_Price_ Decimal|1||pCar_Make_String|0||pCar_Model_String|0 &__Qpb=1&__Ntx=mode matchallpartial&Cr=0&__Ntt=xw gt&trecs=17

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