PeteK
GT Owner
“Wrapped around a tree” is a pretty apt description. Surprisingly, the headlights and rear glass aren’t smashed! I wouldn’t even count on the engine and transmission not being damaged by that impact.
eBay crashed GT sale
- Thread starter MJSFRX
- Start date
69b302
GT Owner
twobjshelbys
GT Owner
Or visions of buying one of those spare parts chassis and rebuilding it. Anyone record the VIN? Might be worth copying and quoting it here so the history of the VIN shows up on a google search down the line.
I have the vin recorded. This car would need a lot of parts being it sat out side for 7-8 years...There is some good stuff on the car but there is a ton of weathered stuff there also..
extrap
GT Owner
they sold it off eBay. Something was fishy IMO after talking to them before and after
69b302
GT Owner
Shark01
GT Owner
Assuming this is the car from the original post, shocking that the ask is $336k on that…..you could buy a non wrecked one for that or less.
He's a collector of them, also buys, sells and fixes wrecked GT's. They have built a bunch of wrecked GT's but pretty hard to claim worlds largest builder of Ford GT's when there are about 4-5 of us doing it. I would assume he means he put brand new nos parts on the car. Not new parts in color. Btw this car sold for about 85K as I was bidding on it also and trying to buy it outside of ebay. It sat outside for 7 years or more and i wish i would of saved pics of how it sat.. At the current moment I am probably building the most out of anyone for wrecked GT's as I have 8 here now and only two are my personal cars.
Shark01
GT Owner
Seems unlikely since we now know about what was paid for it. But insurance companies do make mistakes in judgment.
Last year, a teen T-boned my daily driver. It was worth about $12k at the time. The insurance company wanted to fix it which the Ford dealer thought was crazy. They spent $16,500 on the repair, 3 months of rental car, $3,500 in diminished value….and I traded it in a year later for $9,000. I would have been thrilled getting $12,000 and probably accepted $10,000.
69b302
GT Owner
I assume the original owner never filed a claim with the insurance company, and therefore retained their "clean" title.
No insurance on it when accident happened most likely.. I'm building two gt's that were destroyed (both new chassis rebuilds).. One the owner decided to not make the claim and eat the loss.. About 275K loss being I paid 76k for the car in 2021 (5000 mile car) and the second guy was self insured (paid 30k for that car in 2020) Both only carfax with minor accidents. I'm not hiding the repairs tho. Both cars were ruined, one split in half but needed less parts than the car hit in the rear. Split in half car was impressive on how nicely it split..
twobjshelbys
GT Owner
Salvage happens when the cost to repair is above a threshold (say 1/2 the current value, but it can vary depending on other conditions like air bags deployed). If it wasn't totaled, then the owner could have taken the settlement (knowing it wasn't enough) and pocketed the cash. It can turn on you. My daughter had hail damage to her car but didn't get the repairs (took at as a "diminished value".) Insurance company asked for evidence of repair and since there wasn't any dropped her... It was the AAA company.