Guy buys fake 1968 Shelby GT350H from Barrett Jackson

[68krrrr]

I feel bad for this guy.

https://youtu.be/7SImoFdJaac?si=fjFlbGbeEn5G9vVr

[Coralsnake]

I guess I see both sides. It's very difficult to authenticate all the cars. Authenticating restored cars is very hard, even for experienced people.

He should have done some due diligence.
The tags are obvious reproductions.

On the other hand, they did represent it as "real".

Thats why we always say, have the car inspected

 

[68krrrr]

I tried to follow a story as much as I could they didn't really show the serial number, but they mentioned it had a full Marti report and that it was in the registry, but did they also mention there was a second car with the same tag number? Was this one of those situations, not to mention I'd really like to see him drive the car that would be impressive and good for him.

[KR Convertible]

I bought my car the same night at BJ in 2016. I remember chatting briefly with Brent, nice guy.

His car sold about an hour before mine and I thought to myself "Wow, $150K for a GT350 fastback. The GT500 convertible is going to go too high for me". Ended up going for the same money.

I was fairly confident the the authenticity of mine. It had all original VIN tags and date stamps lined up. I was able to see the fender stamped Ford VIN from underneath.  I had also Googled the VIN and knew it was a triple crown car and had sold for $330K at BJ in Palm Beach.

[Bob Gaines]

BJ hired Jason Billups a knowledgeable Ford/Shelby restorer for the purpose of authenticating at least the Ford cars going through BJ. I am not sure when he was hired but it has been a number of years now.

[Coralsnake]

Yes, he bought the car before JB

I disagree with he is owed his money back, plus appreciation.

Maybe some smaller part of it.

The auction houses have been through this many times, I don't think he has much recourse

[68blk500c]

The person authenticating Fords for BJ, now, was not doing so back in 2016.  Then, it was done by someone else.

[pbf777]

The auction houses have been through this many times, I don't think he has much recourse

    Yeah, they've managed to assert processes that pretty much insulate them from any claims of wrongdoing, no matter how outlandish the claims being made to push the sale might be! 

    A couple of years ago a customer of ours was the high-bidder on a car, this at one of the BIG tent sales here in Central Florida; but unfortunately, it died going down the road less than a mile from the event; and then he proceeded to have it towed-in to us to "fix".

    Upon inspection we came to the realization that the vehicle wasn't as represented and possessed two V.I.N.s!     One in the more accessible and more frequently referenced location characterizing the car as one was lead to believe, that of a less common and more valuable rendition.  But then others (more than one example), in the not so accessible and less readily available places that presented the car as was more commonly outfitted and obviously less valuable; and not worthy of the bid!  We notified our customer as to our observations, he contacted the auction house, they said: "so-sad-too-bad for you, read the fine print"! 

    But then, because the auction house wants to milk every last dime out of a sale, they also practice (unless your a "licensed dealer") forcing the buyers at their events to pay them ("processing fee") to process the paperwork.  But this takes a period of time, and as this was only the next day or so (Monday after the weekend), he hadn't received the tile-work yet.  So I told him to contact the auction house, whom was acting as a licensed dealer at this point, and officially notify them of the melee so that they were "aware", and then that if they continued forward filing the paperwork based on the now known anomaly, they'd be a participant in a known fraud along with knowingly processing fraudulent paperwork to the D.M.V.; which even if only the lesser penalty, might be the loss of their State of Florida Automobile Dealers' License!

    Post that conversation, and since one of the few things they do "guarantee" is that they 'will' deliver a "good" title, they begrudgingly reversed the sale, but then of all things, even though he had bought several other vehicles from them previously, "band" him from bidding in the future!   

    What friendly people!   

    Scott.       

[shelbymann1970]

Vin is 8T02J149278-01077. If a prospective buyer would have read the latest registry back then the red flags would have been present.

[crossboss]

My worthless two cents...
Since Barrett Jackson is an auction, and also a 'dealer' on the sale charging a 'buyers fee' aka commission, and also had the car 'certified' before the sale they are liable. The buyer is bidding on this information that he believes is reliable and accurate. 'Fake' or 'clones' with altered VINs are in essence a federal crime in its self. The person who build the car, who also defrauded the DMV with alleged false documents is also on the hook for the fraud. Any reasonable person who attends a Barrett Jackson auction is assuming they are buying the real thing, especially the price paid. That said, IF the car was disclosed as a 'clone' 'recreation', or 'fake' is then aware what they are buying. Also, again, altering a VIN is a Federal crime. The buyer has in my opinion a very good case against Barrett Jackson and the builder of the car.

[Coralsnake]

Barrett Jackson did not have this car "certified"

[crossboss]

Barrett Jackson did not have this car "certified"

Thats the least of their problems...

[Vernon Estes]

Just popping on here to state the obvious:

Buying cars at auction is, without question, the worst way to buy for the consumer.

The entire structure of the events is designed for a buyer to make uneducated, rushed decisions, there is little to no recourse after the sale, and you have to have a masters degree in cutting thru BS used-car-dealer semantics just to get a reasonable understanding of what the description of the offering actually means.

But hey, those 5 "free" miller lites went down smooth didn't they?

That's all I got.. carryon! 

[Special Ed]

Hey nothing wrong with FREE beer as sometimes it pays off!!  haha

[Vernon Estes]

Hey nothing wrong with FREE beer as sometimes it pays off!!  haha

There is no higher ROI on anything... the problem is the guy who bought the beer is the guy who gets the return