Kirkham for sale

[twobjshelbys]

Originally Posted by moore_rb

Agree - Once a car is wearing a VIN number that is matched to the VIN number printed on a bonded paper title document, that VIN plate may not be legally tampered with, altered, or removed.

Tampering with a VIN is bad. What was the Oklahoma group that got caught making Shelby Mustangs???

Remember when the 68 GT500s were re-VIN'd to 69? The FBI was present to be positive old VIN plates were completely destroyed and 69 plates attached.

[mrmustang]

Originally Posted by twobjshelbys

Remember when the 68 GT500s were re-VIN'd to 69? The FBI was present to be positive old VIN plates were completely destroyed and 69 plates attached.

Just a slight correction with the above statement:

Unsold, 1969 Shelbys were, under FBI supervision, were re-vinned as 1970 models. The original 69 VIN stamped into the unibody were not altered, only the VIN tag on the dash, and the removal of the metal drivers door data tag (specifically labeled "not for title or registration"), replaced with a 70 door data tag label (70 was the start of labels). Besides some internal changes in order to pass 70 emissions, the only way to tell the 69 and 70's apart visually was the addition of twin hood stripes, and the 70 Boss 302 style lower front chin spoiler. Look closely at my avatar .

Bill S.

[1985 CCX]

Sweet car however registration could be an issue, insurance issues and also banking issues.

Sort of makes it a cash buy with a roll of the dice on the rest.
I think, we all have an opinion, its a 30-50% hit on value.

Do I see this as not a big deal, yes!
Car has been completely rebuilt, problem is not everyone (state or insurance carrier) may/may not feel the same.

[moore_rb]

Originally Posted by 1985 CCX

Sweet car however registration could be an issue, insurance issues and also banking issues.

Jeff-

Registration issues: Possibly, depending on what state the buyer may want to re-locate the car too (do all the diligence regarding laws, policies and procedures in your home state, up front, for sure)

Insurance issues: I can't imagine. I've purchased agreed-value policies (from Hagerty, among others) on vehicles that had a much sketchier history than this one has had. Getting a legally compliant policy written on this car might take a little extra research, and a few extra phone calls, but it's doable

Banking issues: Agree- Financing this purchase, and using the car as collateral, would probably necessitate going through one of the vintage/collector/boat and auto, venture capital based lenders; which will mean a higher interest rate, but may also offer the flexibility of a longer loan term (some of these smaller specialty lenders will write a 10 year note on some older/specialty cars.) - Again, some extra shopping around, and a few extra phone calls may be required.

There is also the possibility of collateralizing the loan using a HELOC, or some other creative financing.

All good points, for sure; and +1 on Ted's honesty in representing the car as nothing more than what it is- That should inspire confidence, not fear, among prospective buyers.