Recovered VW Insurance Claim~IT'S UP FOR AUCTION! 12/18~

[Oasis Maker]

http://online.wsj.com/article/SB125790137076542665.html

I just read this article and comparing the photos...it looks exactly the same as the Copart's auction page.

I'm still thinking it's the same exact van.

Hey, very cool. I didn't read this updated article with a picture of the original owner. What a story.

Scott G.

[rebapuck]

I asked on theSamba.com. Several said yes, the same. It's being autioned there because Allstate has a contract for all their cars.

I questioned because, let's face it, every blue '65 sunroof looks the exact same. I collect VW bus toys. I must have several hundred. I'm considering stopping because they all look the same.

[SIXTOTWO]

Yuppers, got our reply straight from the yard where it sits...

reply from my e-mail...

Susan,

I’m happy to reply that this is indeed the same vehicle. Hope this is what your looking for.

Rick Fiumetto
General Manager
Yard 43
Copart Auto Auctions
Van Nuys ,California
Phone (818)782-5315
Fax (818)782-5318
[email protected]

[ParTaxer]

I bought a 69 Mustang back in 1971. About a year later, we received a call from the state police. The car was stolen and part of a major theft ring. I got to keep my car because the insurance company had paid the original owners.

This is how the ring worked. They would steal my 69 mustang. Then they would buy a totalled 69 mustang from a salvage yard. They pried the Vin# off the dashboard of the wrecked mustang and then glued it over the plate on the stolen mustang. They appeared to have a legit title and papers from the wrecked car and then ran it through a car auction.

[Oasis Maker]

Well it's at 12.1K now with a whole week left in the auction [ends 12/18]. Plenty of time for a run up in price. This will be interesting to see what happens. Even though I never heard of this site before, I'm sure investors are well aware of it along with this car.

Scott G.

[SIXTOTWO]

It's at 14.2K It's creepin' up there.

Anyone wanna play a game and guess what it's gonna sell for??

I'll say...ummmmm....26.7K

Your turn...




Here's the LINKY again.


_________________

[SIXTOTWO]

It's up to 17.9K

[SIXTOTWO]

21.1K

[Aaron Coffee]

Anybody else think that the insurance company should have sold it back to the original owner for the $2,500 that they originally paid out. I'm not talking legally but to make a happy ending to the story. In my opinion the positive press that the insurance company would have recieved would have been worth more than the money they will get for selling it.

[Bodyman]

Screw the original owner They got paid what it was worth at the time. Doe's the original owner even want it back? What about the owner at the time it was found/confiscated? I'm sure he didn't know it was a stolen vehicle. Has the restoration shop even been paid for thier work?
Ok Rant over

[SIXTOTWO]

Well, it's past my first guess. It's now at $27,250. So I get to guess again.

Ummmm I'll say....$32,850.

[Oasis Maker]

:shock:
Well, it's past my first guess. It's now at $27,250. So I get to guess again.

Ummmm I'll say....$32,850.

No way dude. Bob Barker would have none of that double bidding stuff on The Price Is Right.

But seeing how you were the only contestant in the showcase showdown, I'd say you have a good chance of winning.

Side Note: Seeing these kind of numbers for the price makes me agree 100% that the restoration company is getting the short end of the stick. I hope a settlement was reached for their work.

Scott G.

[dovaka]

:shock:
Well, it's past my first guess. It's now at $27,250. So I get to guess again.

Ummmm I'll say....$32,850.

No way dude. Bob Barker would have none of that double bidding stuff on The Price Is Right.

But seeing how you were the only contestant in the showcase showdown, I'd say you have a good chance of winning.

Side Note: Seeing these kind of numbers for the price makes me agree 100% that the restoration company is getting the short end of the stick. I hope a settlement was reached for their work.

Scott G.

im sure they got a whole lot of sorry but its stolen and were taking it back thanks for making it look nice for us
p.s. i HATE insurance companies

[Oasis Maker]

:shock:
Well, it's past my first guess. It's now at $27,250. So I get to guess again.

Ummmm I'll say....$32,850.

No way dude. Bob Barker would have none of that double bidding stuff on The Price Is Right.

But seeing how you were the only contestant in the showcase showdown, I'd say you have a good chance of winning.

Side Note: Seeing these kind of numbers for the price makes me agree 100% that the restoration company is getting the short end of the stick. I hope a settlement was reached for their work.

Scott G.

im sure they got a whole lot of sorry but its stolen and were taking it back thanks for making it look nice for us
p.s. i HATE insurance companies

This is a very interesting question as it pertains to depreciation... something insurance companies are notorious for deducting what always seems an exorbitant amount of money due to age.

WELL, legally it would seem to be fair to apply the same standard formula for determining the value of a 35 year old vehicle. Anything over and beyond that amount in the auction should go to the person or company responsible for creating that value.

This would truly be a case of the insurance talking out of both sides of their a** if they don't compensate others for what is completely unrelated to their own appraised value. What if the thing had gold rims on it? (I'm just sayin).

Scott G.

[rebapuck]

I own '66 and '67 VW buses. Mine will never look that good so aren't in the same league. However, I don't even carry collision on them because blue book is only about $300.

With all this publicity, I worry that someone will see them as moneypots and steal them. Maybe I should chain them to a tree.