A '65 Corvette stolen in '70 is recovered!
#21
This happened to me about 15 years ago on a Sat. morning. A German man here in USA/SC on a temp Visa, ran a red light, speeding, etc and rammed his Hertz rental Caddy into my '71 'Vette. He hit me in left front wheel/door and drove me into another car. Police wrote him all kinds of tickets and HELD his passport until paid and my claim settled.
Hertz adjuster had my car as a tolal loss as did my adjustor. Hertz wanted to write me a check so the guy could go home. I refused the low offer and said no. Finally, they upped the offer (I'm at the body shop where 'Vette was towed) and I agreed to the amount.
I got the title to the 'Vette out of my coat and told the hertz guy "here is the title.." He said: "I don't want the damn title nor the car.." He signed a release form etc. and I kept the money and the wrecked 'Vette, which I later sold as is. Came out OK on that one.
Terry
Hertz adjuster had my car as a tolal loss as did my adjustor. Hertz wanted to write me a check so the guy could go home. I refused the low offer and said no. Finally, they upped the offer (I'm at the body shop where 'Vette was towed) and I agreed to the amount.
I got the title to the 'Vette out of my coat and told the hertz guy "here is the title.." He said: "I don't want the damn title nor the car.." He signed a release form etc. and I kept the money and the wrecked 'Vette, which I later sold as is. Came out OK on that one.
Terry
#24
Safety Car
I have a friend who had his 67 Vette stolen. It was paid off by the insurance company. It was discovered in a garage over two years later. The insurance co gave him "first right of refusal" He got it back with a hard top (he had the original in his garage) and a different engine. He had to pay them their money back plus interest.
As for the buyer being out of luck. I was under the impression that he would sue the previous owner, and he would sue the guy he bought it from etc.
As for the buyer being out of luck. I was under the impression that he would sue the previous owner, and he would sue the guy he bought it from etc.
#25
Drifting
i'm not sure that an officer just verifying the VIN protects you in any way unless they do a VIN search of whatever national databases are available. he could be, just like in Florida, verifying that the numbers on the papers you are submitting match the number on the vehicle; if so, no protection for you there as you could have a 'clean appearing' title that has been washed many transactions ago...
I can say with 100% certanty that this is always 100% correct, but it's the best I can do.
-- Joe
#26
Instructor
Member Since: Sep 2005
Location: Atascadero CA
Posts: 227
Likes: 0
Received 0 Likes
on
0 Posts
Buyers insurance would be nice... when registering my car, had to get the CHP inspection of the vin. But since it sat unregistered since 1983, there was no record of it in the DMV system....
amazed they were able to find the car... I bet there is more than a little interest in going back through the cars history.
Cj
amazed they were able to find the car... I bet there is more than a little interest in going back through the cars history.
Cj
#27
Le Mans Master
#28
Melting Slicks
This is something that I have thought about. Sure, thank goodness the guy got his car back 20-30 odd yrs later, but what about the guy sitting on his couch when the police come to his door with a tow truck? Having owned the car for however many years, making improvements and spending money on the thing and away it goes. This is a no-win.
#29
This is something that I have thought about. Sure, thank goodness the guy got his car back 20-30 odd yrs later, but what about the guy sitting on his couch when the police come to his door with a tow truck? Having owned the car for however many years, making improvements and spending money on the thing and away it goes. This is a no-win.