Selling Cars Without Worry

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Last month, “Legal Files” focused on ways that a buyer can protect himself in a collector car purchase transaction. This month, we are focusing on how the seller can protect his interests.

In today’s hot collector car market, the seller’s main problem is not getting the car sold, but keeping it sold — that is, not having to buy it back when the buyer complains that the car is not “as it was represented to be.”

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John Draneas

SCM Columnist

John practices law in the Portland, OR, suburb of Lake Oswego, where he focuses on tax and estate planning, business organizations and transactions, and representation of collector-car owners. He is a past president of the Oregon region of the Porsche Club of America and served as the chairman of the PCA’s 2006 parade. His collection includes two Porsches, a Ferrari, an Alfa, a Lotus, a BMW daily driver, a John Deere tractor — and one increasingly famous Jaguar E-type. This month’s “You Write, We Read” on p. 20 is full of SCMer advice on whether Draneas should restore his Jag.

Posted in Legal Files