Oh Goodness what have I done. Help!

[mrmustang]

First, welcome to Club Cobra....

Originally Posted by psinger

Hello all. This is my first and hopefully my worst post. I need help and I know that this is the forum is the place to get it.
Here is what I have done. Two weeks ago I thought I would get into the Cobra ownership game by purchasing an uncompleted kit. The specs were pretty good so I thought that I would take a chance and purchase the parts to move ahead on the project.

Cardiac cobra frame
Everett Morrison Body
Art Morrison Suspension
Jag Rear end
Wildwood Brakes
Rebuilt 429 with new 4 spd. toploader
All the parts - excluding the interior and dash to finish the car.

It was a rolling chassis so I thought how much could be wrong. Seemed like a good deal for 16K. I wrote a very strong contract outlining the specifics of the kit (a memorandum of understanding for what I would be getting) and I sent a truck and trailer off to go get the kit. What returned back to me was not what I expected... At all. He said that the front of the car had been fitted to the frame but the back still needed to be done.

Here is what I have figured out. Cardiac Cobra frames are 92" wheelbases and Everett Morison bodies are 90" I now understand that they cut the body to lengthen it. Problem is just adding two inches through the door is not going to cut it (not to mention look funny) There is a considerable amount of cutting that needs to be done in the trunk to make it sit on the frame. Also for some unknown reason, they cut the trunk lip off. I have no idea why?

Here is my question. What do I do now? My contract is very clear and as a litigator, I can make this guy wish he had never met me. That being said, do I have sufficient parts that I should just punish him a bit and get on with it, or should I just make him take the kit back and start over?

I would appreciate you thoughts and comments.

Sounds to me like you have buyers remorse and now realize that your skills are not up to the task and you are in over your head. It happens quite frequently when someone purchases a partially complete cobra "for cheap" on the web. If you had only done your true due diligence and had a PPI (pre-purchase inspection) done, you would not be in this mess. So, unless the seller is a business entity, or a trained mechanic, I think going to litigation, or even threatening to do so is a poor choice on your part. Again, your own words posted above are against you, you were honest in making the initial post, but it shows that you went in to it with your eyes wide open, so legal recourse is really not an option, unless you want to sue yourself for making the purchase in the first place. At this point you have three choices, sell it with "full disclosure of what you now know", attempt to piece it together, or part it out in an attempt to recoup your initial investment.

In closing, and of course this is a little late for you, but there is a link in my signature line that outlines the basics of buying a used Cobra, I suggest you read and reread it so you do not experience buyers remorse again.

Sincerely,

Bill S.

[OnyxRider]

Originally Posted by mrmustang

First, welcome to Club Cobra....



Sounds to me like you have buyers remorse and now realize that your skills are not up to the task and you are in over your head. It happens quite frequently when someone purchases a partially complete cobra "for cheap" on the web. If you had only done your true due diligence and had a PPI (pre-purchase inspection) done, you would not be in this mess. So, unless the seller is a business entity, or a trained mechanic, I think going to litigation, or even threatening to do so is a poor choice on your part. Again, your own words posted above are against you, you were honest in making the initial post, but it shows that you went in to it with your eyes wide open, so legal recourse is really not an option, unless you want to sue yourself for making the purchase in the first place. At this point you have three choices, sell it with "full disclosure of what you now know", attempt to piece it together, or part it out in an attempt to recoup your initial investment.

In closing, and of course this is a little late for you, but there is a link in my signature line that outlines the basics of buying a used Cobra, I suggest you read and reread it so you do not experience buyers remorse again.

Sincerely,

Bill S.

I agree if you could not see it in person a pre purchase inspection is a must.

Maybe you could figure some way to feel out the seller on the issues. I'm too literal a person and it would be putting fuel on the fire. Legally you could write anything but "as is"...means just that.