When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
I had a 1973 300 hp engine rebuilt and installed in my '75 Corvette by a reputable shop. They kept the original engine to rebuild it and after a recent phone call to the shop I found out that the engine was not to be found. What is the engine worth in case it isn't found? It was the numbers correct engine for the car. I know if it isn't found the car will be worth a lot less if I sell the car....your thoughts!?!?!
I had a 1973 300 hp engine rebuilt and installed in my '75 Corvette by a reputable shop. They kept the original engine to rebuild it and after a recent phone call to the shop I found out that the engine was not to be found. What is the engine worth in case it isn't found? It was the numbers correct engine for the car. I know if it isn't found the car will be worth a lot less if I sell the car....your thoughts!?!?!
Thanks.
an original 1975 350?
I'd take 1/2 the cost of the '73 or $1000 (whichever was higher) and be happy. No offense, but a 1975 350.... ummm. (my own personal opinions of course)
A completely restored, numbers matching 75 Vert (last yr. for C3 Vert) is worth significantly more than a non-matching car, imo.
Assuming you have a convertible, and a receipt or other proof, such as pics, that the original engine was left at the shop, I suggest you consult an attorney to see what your course of action should be.
They kept the original engine to rebuild it and after a recent phone call to the shop I found out that the engine was not to be found.
My impression from the way you worded this is that there was a protracted period of time between the two events. If so, you probably have no recourse if that period was greater than 30-90 days or so.
Otherwise, a '75 350 in complete running condition is worth <$500 by itself. It's hard to attach the much greater NOM loss (maybe $2000?) to the shop, after all they removed the engine to install a NOM at your request.
My impression from the way you worded this is that there was a protracted period of time between the two events. If so, you probably have no recourse if that period was greater than 30-90 days or so.
Otherwise, a '75 350 in complete running condition is worth <$500 by itself. It's hard to attach the much greater NOM loss (maybe $2000?) to the shop, after all they removed the engine to install a NOM at your request.
Steve
I disagree. If the engine was left there so the shop could rebuild it, it doesn't matter how long it was. If the shop had called and said "your original engine is rebuilt and ready for you to pick up" and you left it there for a year or something, that would be different. But, if I leave my property at your shop because I am paying you to fix it, it is your job to keep track of it and not lose it.
That said, I am not sure the business owner will go for the idea that he has to pay for the value loss of the car going from a car that COULD be returned to numbers matching to a car that is a full on NOM, if for no other reason than assigning a meaningful value to that would be quite challenging.
I would think the engine is not lost.. how can someone loose a 600 Lb engine!!! I guess it ended up at another car!!! a least have them pay you what they sold it for plus something extra for the bitter moment they make you suffer....
My thought. Stick it to the man. The engine was left there to be rebuilt. They lost it. It was not rebuit in a timely fashion. And then, to find out its not there anymore. STICK IT TO THE MAN. Make him pay.
Well I didnt really want to hear this story. I am taking my engine to the builder tomorrow morning. For real. He is a reputable guy, and Ive known him for a long time. Hes done other work for me with no problems. Ive already threatened him with serious bodily injury if he decks my block, as a friend of course. He knows the value of the block though, hes been racing chevys for 30 years that i know of.
Most are missing the point,its the overall value here.They have receipts for all the cars,motors they have dealt with,couldnt be that difficult to track down the motor.Now,if they have blocks going somewhere as cores,thats a different story.Id talk to the owner and let him know what your intentions are as far as holding him responsible.But there might be some info here that we dont know about,how long did they have the motor?Diminished value of your car is quit abit without the motor.
If this becomes a legal issue (if the shop owner and you don't come to agreeable terms), then maybe you should get the car appraised two ways....as it sits, and if it had an original engine. The appraiser should be able to give you what the difference might be.
If the engine is truly lost, how about asking the shop to contact those customers they worked with during the period in question. If they did install you engine in another car, they may possibly be able to get it back... at their expense!
If they rebuilt it, odds are they decked it. You told them to leave the numbers alone, right? Perhaps, the rebuilder decked your block and wiped the numbers off by mistake, and this is their story to try to cover their a$$. Your going to have to do some internet searching for cars of similar year,, say some examples of some '73s- court will allow close years- that sold with and without matching numbers motors, and an experts opinion as the the value lost. I'm sure some of our members would be considered 'experts' by the courts, a sworn affidavit would suffice,, try 'Vettebuyer' and possibly 'RoadRaceVette', sure they would be willing to help. Once you have your case info,, then contact the shop owner and give him some time to make it right. Try to be positive, but let him know you expect Full Restitution not partial. C.
You need to contact a reputable vintage auto appraiser and an attorney. The shop is liable for losing (? or selling) your engine. And they are liable for damages associated with the value of the "numbers matching" engine to your vehicle. Sue them.
If this becomes a legal issue (if the shop owner and you don't come to agreeable terms), then maybe you should get the car appraised two ways....as it sits, and if it had an original engine. The appraiser should be able to give you what the difference might be.
You need to contact a reputable vintage auto appraiser and an attorney. The shop is liable for losing (? or selling) your engine. And they are liable for damages associated with the value of the "numbers matching" engine to your vehicle. Sue them.
Have the appraiser show the two values. and sue the shop for whats rightly owed to you.