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May 21
Columns | Legal Files | Sports Car Market
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Dual-Identity Cars
Continuous History Car vs. Original Component Car? You decideIn a perfect world, every historic car would boast a spotless provenance and a documented list of distinguished owners, none of whom ever "abused" the car by changing a major component...
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from the May 2010 Issue written by Martin Emmison
The Nightmare of Litigation
He learned that the broker and seller were going to be in Monterey that August, so he made arrangements to serve them both at The QuailAbout two years ago, a Los Angeles SCMer contacted "Legal Files" hoping for advice about how to get his money ...
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from the April 2010 Issue written by John Draneas
Who Pays at Russo and Steele?
If the winds were unforeseeable, they would be considered an act of God, and neither the auction nor tent company would be liable for damagesWho would have thought that the wind could blow so hard? That turns out to be the multi-million-dollar q...
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from the March 2010 Issue written by John Draneas
Can California's Amnesty Help You With Your Replica?
Maybe, if you have a valid out-of-state title for a modern kit car and can get an SB 100 "free pass"-but don't try it with a "Born-Again" post-1967 MiniLegal Files" was recently contacted by an SCM subscriber who thought the current economic cli...
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from the February 2010 Issue written by John Draneas
When the Government Takes Your Car
It's pretty easy to conclude that the FBI should have hired a towing company. That the car was wrecked proves the agent was incapable of driving itWe all know that federal, state and local governments have broad powers to seize assets from drug ...
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from the January 2010 Issue written by John Draneas
"Stolen" Ferrari Saga Heads for Court
Police return Hallingby's seized Ferrari; he files a $5 million lawsuit against magazines whose advertisements described it as stolenThe December 2008 "Legal Files" reported that 1958 Ferrari 250 PF Cabriolet s/n 0799GT was seized by the Connect...
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from the December 2009 Issue written by John Draneas
When "Matching Numbers" Don't Add Up
The seller thought it was enough that the engine was the correct type, built the same time as the Camaro, and that its present number matched the VIN The market places a substantially higher value on "numbers matching" cars, especially in these ...
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from the November 2009 Issue written by John Draneas
The Long-Distance Purchase and the Lawsuit
The court ruled the buyer had opportunities to inspect the car before buying it and to call the seller to ask about the car, and chose to do neitherSuppose you have a not-so-nice collector car you want to sell for big bucks. Your best shot might...
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from the October 2009 Issue written by John Draneas
How to Buy a Car in Europe
There's no uniform code of ownership within the EEC, but each country has documents that will protect you in your transactionAfter John Draneas's learned article (April, p. 34) on the title pitfalls of buying a collector car in the U.S., here's ...
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from the September 2009 Issue written by Martin Emmison
Provenance As an Asset: A New Issue for the Taxman
We are addressing provenance created by the owner after a car's acquisition, and whether the costs involved can be used to reduce the gain on the saleMany collectors are selling cars they have owned for several years, often for substantially mor...
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from the August 2009 Issue written by John Draneas
 
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