corcam

I have came across a nice 66 midyear coupe L/79 with a/c and matching numbers, car has some documentation and has been owned by the same person several years who is considering selling and price not yet established but when the car was only a few years old it was stolen but returned intact and was given a reassigned VIN # in place of the factory VIN under the dash. I am wondering how much the situation hurts the value as I believe he is going to ask in the mid fifties for it but no way is it close to that in my opinion with the different vin plate. Curious if anyone has ever had a similar experience or opinion on this.

Hitch

If that car is in NC and priced at $54,900 its a nice car but the reassigned VIN in my opinion kills it..

Bowtyeguy

If you are going to keep it forever I wouldnt worry about it, but if you are going to sell it in the next couple years I would pass.

http://raleigh.craigslist.org/cto/4207785174.html


Here is the one in NC doesnt look like an air car.

SledgeHammer 2.0

I doubt if that's the car, it's not an L79 and a reconstructed title should be different that a reassigned VIN title.

Yea Yea, that's the story... It was accidentally taken by a grandma at the grocery store when she mistook it for her station wagon...

I am with Hitch... That reassigned VIN makes it good for a restomod but devastates the value for a regular or #'s matching consumer.

I wonder how he documents it as numbers matching when the VIN number doesn't even match anymore?

66jack

Wouldn't he be able to verify with the VIN stamped on the FRAME?

provette67

What is on the title?

mdz06vetter

OP stated "matching numbers, car has some documentation" - have you checked the above for accuracy??? What "kind" of documentation does the owner have????

Would check VIN on frame as mentioned before moving forward

ifitgoesfast

If you're willing to pay mid 50's, move on and find another without issues.

pullin-gs

Indeed.

vettebuyer6369

Too many cars available out there. I would not buy the car unless I was going to make it a restomod and got it for half price.

Pass.

Revfan

This is an example of not putting good money into a car that won't give you the return.

The owner (or restorer) of this car put just as much time and effort and parts and money into this car, as they would have into any other car with a legit vin/title. They may have told themselves, "it doesn't matter about the value, because I am never going to sell it".

Well, fast forward to "now". He is selling, and wants the same price as a car without the dubious history would want.

Something's gotta give...

MiguelsC2

Can't tell you how many times I have said, I am never going to sell it. Right up to the point I sold it.

Zoomin

You answered your own question, and I agree. Your buyers will be thinking the same thing. While there's nothing wrong with it, VIN and TRIM plates seem to mean the world on these cars.