The Mustangs Unlimited GTE is back for Sale

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R Code
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Re: The Mustangs Unlimited GTE is back for Sale

#41

Post by R Code » 13 Apr 2018, 09:11

Thanks for the specifics Jim.

Given the way it's marketed, it sounds like a nightmare scenario for an unsuspecting buyer. Even from the seller's perspective, you'd think that any premium gained by getting GTE $ for the car would be offset by the costs associated with potential post-sale litigation, reputation damage, etc.
- Chris

1967 Std 4 speed conversion
1969 XR-7 "R Code" Convertible
1989 Merkur XR4Ti

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Don Rush
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Re: The Mustangs Unlimited GTE is back for Sale

#42

Post by Don Rush » 13 Apr 2018, 12:55

BurgundyXR7 wrote:
12 Apr 2018, 22:06
So what is with that Marti report they have?
Who's car is that? Or was that?
It's weird because certain fairly rare details- like the factory headrests on the report are accurate with the the car up for sale.
What I'm really curious about is if the vin # plate on the car is the same as the report. And if it is, does it look like it was removed from another car and re-attached to this one?
Can that be done so professionally that you couldn't tell for sure?
Those are 69 Decor single post headrests, not the moulded plastic rare dual post headrests listed on the marti. This car has 67 standard, 69 decore, 68 xr7 and xr7G interior parts shown in the interior.

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R Code
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Re: The Mustangs Unlimited GTE is back for Sale

#43

Post by R Code » 13 Apr 2018, 15:26

:sings: "I'm gonna ride around in style, I'm gonna drive everybody wild, 'cause I'll have the only one there is around.." :whistle:
- Chris

1967 Std 4 speed conversion
1969 XR-7 "R Code" Convertible
1989 Merkur XR4Ti

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Re: The Mustangs Unlimited GTE is back for Sale

#44

Post by BurgundyXR7 » 13 Apr 2018, 15:42

Those are 69 Decor single post headrests, not the moulded plastic rare dual post headrests listed on the marti. This car has 67 standard, 69 decore, 68 xr7 and xr7G interior parts shown in the interior.

Thanks Don. You really do know your s___. (Stuff)

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Don Rush
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Re: The Mustangs Unlimited GTE is back for Sale

#45

Post by Don Rush » 13 Apr 2018, 16:04

BurgundyXR7 wrote:
13 Apr 2018, 15:42
Those are 69 Decor single post headrests, not the moulded plastic rare dual post headrests listed on the marti. This car has 67 standard, 69 decore, 68 xr7 and xr7G interior parts shown in the interior.

Thanks Don. You really do know your s___. (Stuff)
I suppose I do... I have no education, never had more than a minimum wage part time job and no resume but after putting my hands on the same low tech cars everyday since I was 15 I am starting to get the hang of it. What would happen if I ever had to get a real job? Scary... I hear the horse barn in Boring Oregon I worked at is still operating, I could always see if they need someone to clean stalls again like when I was 14. Yes there really is a town in Oregon called Boring.

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Re: The Mustangs Unlimited GTE is back for Sale

#46

Post by Cougar500 » 21 Oct 2018, 09:10

Cougar1 wrote:
14 Dec 2017, 03:24
It is a rebodied car, and is so noted in the Registry.
Jim Pinkerton
Cougar GT-E Registrar
A lot of back pedaling is going on. This is what hurt the value for the seller.

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thunderchero
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Re: The Mustangs Unlimited GTE is back for Sale

#47

Post by thunderchero » 21 Oct 2018, 09:40

Cougar500 wrote:
21 Oct 2018, 09:10
Cougar1 wrote:
14 Dec 2017, 03:24
It is a rebodied car, and is so noted in the Registry.
Jim Pinkerton
Cougar GT-E Registrar
A lot of back pedaling is going on. This is what hurt the value for the seller.
From what I understand it was a fail on both seller and the GT-E Registrar

the GT-E Registrar saw an inconsistency that was at that time not explainable. and only logical conclusion was re-bodied.

the seller refused to allow any further inspections and that just added to the conclusion of re-bodied.

I agree this hurt the sale price, but when it come to rare car like this, if seller will not allow full inspection the price will drop until vehicle is authenticated.
I miss hearing my kittens roaring....

1972 Comet GT red/black interior 302 auto (1979)
1970 Cougar standard pastel blue/blue interior, (1979-81)
1970 Cougar standard competition gold/black interior (1981-1984)
1970 Cougar XR7 convertible pastel blue/blue interior w/power windows (1983-1989)
1969 Sunroof Eliminators Hertz-Rent-A-Racer (1984-1985)
1970 Cougar standard convertible competition gold/dark ginger interior (1984-1985)
1989 Capri convertible/hardtop (1989-1995)
1995 T-bird LX police interceptor 4.6 (1995-2004)
1964 Ranchero deluxe (1999-) in-progress resto-mod
2004 Mazda 3 (2004-2017)
2017 Chevy Cruize (2017-)

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Re: The Mustangs Unlimited GTE is back for Sale

#48

Post by Cougar500 » 21 Oct 2018, 10:26

Cougar1 wrote:
13 Apr 2018, 02:54
A Marti Report shows what the factory produced, not necessarily that the car in question is that car.

This car has at least one and maybe both front fender apron stamped vin numbers different from the vin number assigned to the car. The door tag appears to be original on the original door. The dash tag however has been removed and put back on with screws. Couple this with the fact that the factory produced a Standard Cougar and this shows to be an XR-7, and the fact that some of the date stamped metal reportedly does not jibe with the production date of the car.

The objective evidence is that this car was rebodied, however as with any purchase let the potential buyer beware and satisfy himself/herself about the cars' originality and act accordingly.
This definitely didn't help things.

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Re: The Mustangs Unlimited GTE is back for Sale

#49

Post by xr7g428 » 21 Oct 2018, 11:08

In the collector car world a car is not automatically assumed to be innocent (what it is claimed to be) until proven guilty. The best you can hope for is trust, but verify. It is always the sellers responsibility to, at a bare minimum, provide buyers with the opportunity to inspect and verify what is up for offer. When a seller harbors doubts about the authenticity of a car, and becomes reluctant to allow those inspections, they may hope that a buyer will make a leap of faith. In the very small circle of collector car buyers, this leads to skepticism and increased scrutiny. So when buyers can't look at the hidden details they have to rely on the obvious clues. In this case there were an awful lot of things that raised questions. Then when a car passes thorough many hands in short order, it starts to look like the proverbial hot potato. That is what happened here. Uncertainty and increased risk reduces the price accordingly.

In this case there is a very happy ending. The most recent purchaser of the car WAS willing to have the car closely inspected and documented. And it turned out to be authentic although heavily modified from it's original condition. And it gets even better, most of those modifications can be fairly easily reversed, should the new owner care to do so. What ever cloud covered the car has now been removed.

The really puzzling thing is that there was at least one independent person with first hand knowledge of the actual history of the car. He had tried to share his knowledge, but unfortunately it didn't give any of the previous owners the back bone they needed to allow the car to be inspected. I will always wonder about that... Not listening was an expensive mistake. But the good news is that the new owner, that did the right thing, has been rewarded for making it possible to learn the reality of the cars existence.
Bill Basore, Editor / Publisher
Legendary Cougar Magazine
Currently in the Cat House
'67 XR7 GT 390 4 speed, AC, AM FM, Lime Frost Green
'68 XR7-G 428CJ C6, Tilt-Away, AM, Black Cherry
'68 XR7-G 390 4 speed, Sunroof, Cardinal Red
'68 XR7 GT-E 427 C6 AM Cardinal Red
'68 XR7 resto mod 351W, soon to be AOD, Black Cherry

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Re: The Mustangs Unlimited GTE is back for Sale

#50

Post by Cougar500 » 21 Oct 2018, 11:36

Too many so called knowledgeable people , misspoke heavily about this car. It hurts any car community as a whole.
Don't assume anything unless you have first hand information. Hard facts, enough said. Don't cover things up , those that misspoke need to atleast apologize.

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