[DeTomaso] Odd ebay listings
Bill Lewis
lotus0005 at hotmail.com
Sat Jun 15 13:56:59 EDT 2013
Along this same line of thought, if a person wanted to bring an illegal car into America, and actually drive it - couldn't they just either jack with the title somehow, or switch a legal license plate onto it and drive away into the sunset! ---BILL Lewis
> From: mbefthomas at comcast.net
> To: MikeLDrew at aol.com; panteraplace at hotmail.com
> Date: Sat, 15 Jun 2013 08:33:59 -0700
> CC: detomaso at poca.com
> Subject: Re: [DeTomaso] Odd ebay listings
>
> Mike, I appreciated very much your explanation below, and think that would
> be a good thing to reprint in Profiles or the newsletter in the near future.
> This is also something we might think about weaving into the upgrades being
> considered to the POCA website.
>
> Mike Thomas
>
> -----Original Message-----
> From: detomaso-bounces at poca.com [mailto:detomaso-bounces at poca.com] On Behalf
> Of MikeLDrew at aol.com
> Sent: Friday, June 14, 2013 9:36 PM
> To: panteraplace at hotmail.com
> Cc: detomaso at poca.com
> Subject: Re: [DeTomaso] Odd ebay listings
>
>
> In a message dated 6/14/13 18 14 9, panteraplace at hotmail.com writes:
>
>
> > Could be and probably another good reason for not publishing full VINs
> > on the web. I've been told that someone tried to publish my VIN on a
> > website, but they have the number wrong so I guess it does not matter.
> >
>
> >>>Not yet, anyway. At least, not to you.
>
> However, I think it's important to point out that you're displaying what I
> consider to be spectacularly faulty reasoning.
>
> My VIN is THPNMD03960. It's important to me that this is public
> information.
>
> Why?
>
> Well, by way of contrast, consider several scenarious surrounding your
> "I've got a secret" philosophy about your car's identity.
>
> Let's say that somebody plucks some Pantera photos off the web, or from a
> car show, then attempts to market the car somehow and assigns it your VIN.
>
> Prospective buyers would hopefully conduct due diligence, and look for that
> VIN in the registry to try to learn more about the car. Failing to find
> any information, they are left to proceed on good faith. An unsuspecting
> buyer can be seduced by a well-written ad, money changes hands, then the
> perpetrator disappears into thin air, leaving the poor would-be buyer
> holding the
> bag, with nothing to show for his expenditure.
>
> Granted, this doesn't affect you personally--it's somebody else's problem.
> But you could have prevented it and chose not to.
>
> Now, consider a more powerful scenario. You come home from work one day
> and find your garage door open, and your Pantera is gone. Thieves have
> spirited it away and it crosses the country. Through various shenanigans,
> dubious paperwork is generated which gives them the appearance of legitimate
>
> ownership of the car, and the thieves then offer it up for sale. A
> prospective
> buyer, once again, does his due diligence, and finds no information in the
> registry, and presented with a real car and matching paperwork, money trades
>
> hands and the car is now in the hands of a new owner.
>
> The car could then trade hands, legally, several times, and many years
> could go by before it's discovered that the car was stolen. You, of
> course,
> would have no recourse because your insurance company paid the claim the
> moment you reported the car stolen to them, and thus they technically became
> the
> legal owners. Their lawyers can go after the car and attempt to seize it,
> and eventually they would prevail, but in the meantime, there would be years
>
> of legal wrangling between the various parties, with claims and
> counter-claims. You would also have a very difficult time, as you would
> have to
> engage lawyers to go after your insurance company if you wanted to retrieve
> the
> car and return their payment to you, and there is no reason to believe you
> would be successful in that endeavor.
>
> (Note that this actually happened with a non-Pantera not too long ago; lots
> of lawsuits resulted but the car was returned to the person who lost it 40+
> years ago, only because the car wasn't insured so there was no insurance
> company to claim it).
>
> In this instance, having your car fully documented in the registry would
> have made it virtually un-steal-able. Well, thieves could still take it,
> but
> it would be much, much more difficult for them to sell it, because there
> would be plenty of information contrary to their story available to the
> public
> (and also, presumably, because you would have updated your registry entry
> to highlight the fact that your car had been stolen).
>
> The Shelby guys figured this out many, many years ago. It is virtually
> impossible to get away with stealing and then selling a Shelby, because
> their
> registry is so air-tight. The overwhelming majority of classic Shelbys
> (probably 98% or more) are fully documented in the registry, so it's a
> simple
> matter to pick up the book (they are very old-school still) and verify the
> story behind a given car. Too, the club does an excellent job of policing
> the marketplace, and whenever a potentially fraudulent car comes to light,
> they issue a very public warning about it (much as we try to do here, albeit
> on
> a much more haphazard basis).
>
> So, you can keep your car's identity a secret if you wish, but don't think
> that you are doing yourself, or anybody else, any favors by doing so....
>
> Mike
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