Crazy bidding on '65 fuelie radio delete, drums
07-25-2015, 11:43 PM
#41
In my experience, he is a bottom feeder.
He did partial restoration on a 1st day, 1 owner, convertible, '70, 350/350 I bought from him.
He low balled the owner (I later met her) for $4,200 and I paid $8,900 with the understanding that they do the restoration.
Before I bought the car (he had less than a week), he took off and sold the donneybrook green hard top (date coded glass) to someone else.
He changed the aftermarket radio and put in the wrong one (white face) and he certainly knows better.
He did not return requested parts.
They did not change the foams when doing the seat (rotted right out and split the seat seams)...
He did partial restoration on a 1st day, 1 owner, convertible, '70, 350/350 I bought from him.
He low balled the owner (I later met her) for $4,200 and I paid $8,900 with the understanding that they do the restoration.
Before I bought the car (he had less than a week), he took off and sold the donneybrook green hard top (date coded glass) to someone else.
He changed the aftermarket radio and put in the wrong one (white face) and he certainly knows better.
He did not return requested parts.
They did not change the foams when doing the seat (rotted right out and split the seat seams)...
It was a no excuses original owner car with lots of paper, a good deal, and a good experience.
07-26-2015, 12:53 AM
#42
Le Mans Master
Yes, with P/S and P/W. Original bill of sale and protecto-plate too. Green with green interior. A hard combination to sell. Car was a real mess and took a 3rd flight with major clean-up. I restored it to NCRS Top Flight.
1988
What difference does that make? A leopard doesn't change its spots.
Current owner is in Christchurch, New Zealand and is sometimes on the C3 forum.
I've been in his shop and overheard in the background, "Take this part off of this car and change it with the one on this car."
1988
What difference does that make? A leopard doesn't change its spots.
Current owner is in Christchurch, New Zealand and is sometimes on the C3 forum.
I've been in his shop and overheard in the background, "Take this part off of this car and change it with the one on this car."
Last edited by toddalin; 07-26-2015 at 01:01 AM.
07-26-2015, 01:14 PM
#43
Le Mans Master
OK.
At least 27 years in business in Anaheim. Has sold 100s if not 1000s of corvettes. Many multiple times over. Seems to have a pretty decent business model. If he is bottom feeding and ripping off all or most of his customers he must have found a brilliant way to do it so hardly any of them realize it. Highly doubtful.
Look, dealers are not my first choice either when I am a buyer. However, for very unique and rare examples there often is no choice. At this point in the classic corvette hobby, where are you going to look for a Z06 tanker, or a real Blk/Saddle 65 fuel convertible (with no radio and drums)? Specialty dealers. If he gives you full access to inspect the car, what more can you ask? A lower price? Sure, who doesn't want that?
He gets top dollar because he can.
you get the last word....
At least 27 years in business in Anaheim. Has sold 100s if not 1000s of corvettes. Many multiple times over. Seems to have a pretty decent business model. If he is bottom feeding and ripping off all or most of his customers he must have found a brilliant way to do it so hardly any of them realize it. Highly doubtful.
Look, dealers are not my first choice either when I am a buyer. However, for very unique and rare examples there often is no choice. At this point in the classic corvette hobby, where are you going to look for a Z06 tanker, or a real Blk/Saddle 65 fuel convertible (with no radio and drums)? Specialty dealers. If he gives you full access to inspect the car, what more can you ask? A lower price? Sure, who doesn't want that?
He gets top dollar because he can.
you get the last word....
07-26-2015, 01:48 PM
#44
Le Mans Master
OK,
When you buy a car from Mike, he makes you promise to give him first crack at it when you resell.
After paying him $9K for the car, and letting them do another $6K work, then having more work beyond that, and having the car painted in lacquer (~$24-25K invested to this point), and a going rate in the day (~1999) of about $25-$28K, he offered $14K and no more. And we are now talking NCRS Top Flight with two Top Flight awards.
When you buy a car from Mike, he makes you promise to give him first crack at it when you resell.
After paying him $9K for the car, and letting them do another $6K work, then having more work beyond that, and having the car painted in lacquer (~$24-25K invested to this point), and a going rate in the day (~1999) of about $25-$28K, he offered $14K and no more. And we are now talking NCRS Top Flight with two Top Flight awards.
07-26-2015, 02:42 PM
#45
Drifting
Member Since: May 2006
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OK,
When you buy a car from Mike, he makes you promise to give him first crack at it when you resell.
After paying him $9K for the car, and letting them do another $6K work, then having more work beyond that, and having the car painted in lacquer (~$24-25K invested to this point), and a going rate in the day (~1999) of about $25-$28K, he offered $14K and no more. And we are now talking NCRS Top Flight with two Top Flight awards.
When you buy a car from Mike, he makes you promise to give him first crack at it when you resell.
After paying him $9K for the car, and letting them do another $6K work, then having more work beyond that, and having the car painted in lacquer (~$24-25K invested to this point), and a going rate in the day (~1999) of about $25-$28K, he offered $14K and no more. And we are now talking NCRS Top Flight with two Top Flight awards.
I don't know Mike nor have I ever had any interaction with anyone at his store but:
A leopard may not change its spots but the behavior of all animals
(including humans) is based upon outside stimulus.
Are you granting Mike the option to buy your car for less than you have into it or are willing to sell it for? This makes no sense, IMO.
Mike is in business to make money not contribute to anyone's fortune other than his own. If you are not interested in his offer just sell it to someone else.
You are correct that a car should not be represented to a buyer as something it was not.
07-26-2015, 03:00 PM
#46
Le Mans Master
Only giving him the first look/option to buy when reselling it. A "gentleman's agreement" if you will, that I kept.
I ended up sending the car to a Japanese buyer (Super Duck) for $24.5 with $750 commission of that going to a third party who set it up. Super Duck would come to the States and buy 10-12 cars for shipment back to Japan.
My car ended up as the centerfold with a spot on the cover, for one of their car collector books, so it was very nice! In fact, they show the photo-shoot session set-up (i.e., camera and car set-up) using my car. (Book has been shown at one time or another on the Corvette Forum.)
Five years later, the car ended up in Christchurch, and the owner found my name on an NCRS sheet and contacted me. I sent him all the paperwork and receipts for the restoration.
Here's the thread on the Japanese book:
https://www.corvetteforum.com/forums...-roadster.html
Car was listed by Super Duck at 5,150,000 yen.
And that was my '70 on the cover. ($14K my ***!)
Last edited by toddalin; 07-26-2015 at 03:57 PM.
07-26-2015, 05:48 PM
#47
Team Owner
07-26-2015, 06:19 PM
#48
Team Owner
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07-27-2015, 03:59 PM
#52
Race Director
07-27-2015, 04:27 PM
#53
07-27-2015, 04:31 PM
#54
Le Mans Master
OK,
When you buy a car from Mike, he makes you promise to give him first crack at it when you resell.
After paying him $9K for the car, and letting them do another $6K work, then having more work beyond that, and having the car painted in lacquer (~$24-25K invested to this point), and a going rate in the day (~1999) of about $25-$28K, he offered $14K and no more. And we are now talking NCRS Top Flight with two Top Flight awards.
When you buy a car from Mike, he makes you promise to give him first crack at it when you resell.
After paying him $9K for the car, and letting them do another $6K work, then having more work beyond that, and having the car painted in lacquer (~$24-25K invested to this point), and a going rate in the day (~1999) of about $25-$28K, he offered $14K and no more. And we are now talking NCRS Top Flight with two Top Flight awards.
I just have to FU on this,
Mike sold car for 9, then 6K was added to it. You had a total of 25K in it after paint and wanted 27-28, but Mike only offered 14K. And there is something wrong with that? What would you think Mike should do, pay you 26, and then sell the car for 28K ? How the heck could he keep the lights on in his business, pay his employees, advertise, and have $10 left over to feed himself and his kids if he operated like that? You must not be an independent business owner?
OK,
you get the very last word now.
07-27-2015, 05:30 PM
#55
Team Owner
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2021 C2 of the Year Finalist - Modified
C2 of the Year Finalist - Modified 2020
C2 of Year Finalist (performance mods) 2019
St. Jude Donor 03-'04-'05-'06-'07-'08-'09-10-'11-'12-'13-'14-'15-'16-'17-'18-'19-'20-'21-'22-'23-'24
Seems odd the bidding stalled at the end.
07-27-2015, 06:36 PM
#56
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Enough, I think.