dealer sold me salvaged turbo no disclosure

Subscribe
Sep 21, 2009 | 07:30 PM
  #1  
I recently purchased a 1996, 993 Turbo with 2670 miles. I have driven the car less than 100 miles since it was delivered to me within the past few weeks. The car was advertised as follows,
“This turbo has only been driven 2670 miles in the past 13 years ! It was special ordered in “paint to match “ Polar Silver with FULL black leather interior, sunroof, and “werks” center console. The first owner kept the car for three years driving it a little over 800 miles a year. He only drove it for pleasure, never in bad weather, always kept it garaged, and had all the scheduled service performed. Because of its great condition and exceptionally low miles the second owner purchased the car for his private collection with the intention of keeping the car just as it was and not adding any more miles. It has only been driven 500 miles in the past year and is in NEW condition.”
I thought I found the perfect 993 TT I had been looking for. Unfortunately I found out 6 days ago that the car was involved in a bad accident in Virginia in 1998, was given a salvaged title, declared a total loss by the insurance company, and sold off to somebody else at the appropriate price considering the condition. I am not going to mention the name of the dealer here as there will be pending legal action against him, but it is a high-end dealer that routinely deals in exotics and classics.
I have spent the past 6 days confirming the salvaged history with the Virginia DMV as well as the body shop that repaired the car over 10 years ago and speaking with multiple people that were familiar with the history of the car. I provided all this information along with 18 detailed photos showing all the signs that the car was not original to the selling dealer. My expectations and my request to the dealer was to return my funds, purchase price, shipping, and tax in return for his car back. The dealer has continued to refuse and has only pretended to tell me about “light accident history” before I bought the car. Considering I paid 2x the price of what a salvaged car would be worth and considering his ad above, I don’t think it takes Sherlock Holmes to figure out he is lying and concealed from me any damage other than a “scratch” he claimed was on the fender at the time of delivery and repaired by Porsche before the first owner would accept it.
The car changed hands 1 time before this dealer bought it and because of some DMV issues ended up with a clean title before this dealer acquired it. I don’t want to debate here or make my case if the dealer was disclosed the salvage history because I want to save some issues for court, however the fact that the carfax shows it, the car if looked at shows it (and he claims to be an expert on Porsches) and he is now pretending to tell me about some accident history all has some clear implications that he is 100% full of ****.
Only sticking to the facts above I would love to hear some feedback from some fellow enthusiasts as well as anybody with a legal background how everybody thinks this will play out in court. Thanks for your feedback in advance and everybody should take the time to use carfax in the future, I wish I had.
(And yes a “werks” center console when translated from ******* to English means a phone kit where the owner removed the phone over time)
Reply
Sep 21, 2009 | 09:58 PM
  #2  
I am sorry to hear of this misfortune. The used car market is full of wrecked and repaired cars that are represented as pristine and immaculate. When it comes to buying used never believe anything said about condition or mileage. One must verify all aspects of the purchase with documented service records, carfax and a PPI with a reputable individual with the prospective buyer present. My personal motto is never ever buy a car sight unseen. One may get lucky once or twice, but you will get burned sooner or later.
Reply
Sep 21, 2009 | 10:30 PM
  #3  
since this was a dealer....you have a good case of misrepresentation and intent to defraud...you need to talk to the DA in the dealers city, if he is a Porsche dealer then talk to PMNA and the dealer licensing bureau in the dealers state...it will take some time but you will have the last word
Reply
Sep 21, 2009 | 11:01 PM
  #4  
saw your posts elsewhere as well.
don't beat yourself up over it. yes, you should have used carfax but cheaters will find a way of cheating you sometimes no matter how hard you try.

im just still so shocked to hear that Bruce Canepa would do something so underhanded. that guy runs around acting like he has more money than third world countries. you speak to him, his stuff is always best of class and anything you own is second class. i wonder if thats why yesterday all ofa sudden a red 959 popped up for sale on fleabay. that rumon on rennlist that he was bankrupt , credit lines cut off that struck me as very odd , that is, until now.

well, i guess hard times change things for everyone. ultimately, though, there is no excuse for cheating and end of day he's going to have to deal with the fact that he acted in such a gross way.

if you need the cash, sell the car, take your loss and then battle the rest in court. keep us updated.

Quote: I recently purchased a 1996, 993 Turbo with 2670 miles. I have driven the car less than 100 miles since it was delivered to me within the past few weeks. The car was advertised as follows,
“This turbo has only been driven 2670 miles in the past 13 years ! It was special ordered in “paint to match “ Polar Silver with FULL black leather interior, sunroof, and “werks” center console. The first owner kept the car for three years driving it a little over 800 miles a year. He only drove it for pleasure, never in bad weather, always kept it garaged, and had all the scheduled service performed. Because of its great condition and exceptionally low miles the second owner purchased the car for his private collection with the intention of keeping the car just as it was and not adding any more miles. It has only been driven 500 miles in the past year and is in NEW condition.”
I thought I found the perfect 993 TT I had been looking for. Unfortunately I found out 6 days ago that the car was involved in a bad accident in Virginia in 1998, was given a salvaged title, declared a total loss by the insurance company, and sold off to somebody else at the appropriate price considering the condition. I am not going to mention the name of the dealer here as there will be pending legal action against him, but it is a high-end dealer that routinely deals in exotics and classics.
I have spent the past 6 days confirming the salvaged history with the Virginia DMV as well as the body shop that repaired the car over 10 years ago and speaking with multiple people that were familiar with the history of the car. I provided all this information along with 18 detailed photos showing all the signs that the car was not original to the selling dealer. My expectations and my request to the dealer was to return my funds, purchase price, shipping, and tax in return for his car back. The dealer has continued to refuse and has only pretended to tell me about “light accident history” before I bought the car. Considering I paid 2x the price of what a salvaged car would be worth and considering his ad above, I don’t think it takes Sherlock Holmes to figure out he is lying and concealed from me any damage other than a “scratch” he claimed was on the fender at the time of delivery and repaired by Porsche before the first owner would accept it.
The car changed hands 1 time before this dealer bought it and because of some DMV issues ended up with a clean title before this dealer acquired it. I don’t want to debate here or make my case if the dealer was disclosed the salvage history because I want to save some issues for court, however the fact that the carfax shows it, the car if looked at shows it (and he claims to be an expert on Porsches) and he is now pretending to tell me about some accident history all has some clear implications that he is 100% full of ****.
Only sticking to the facts above I would love to hear some feedback from some fellow enthusiasts as well as anybody with a legal background how everybody thinks this will play out in court. Thanks for your feedback in advance and everybody should take the time to use carfax in the future, I wish I had.
(And yes a “werks” center console when translated from ******* to English means a phone kit where the owner removed the phone over time)
Reply
Sep 21, 2009 | 11:07 PM
  #5  
This does not sound like an authorized Porsche dealership .
My next guess is that if they are independent , large ,successful, and have inventory of other classic cars .. then they know how to thwart legal problems well enough to feel bold enough to deflect your current efforts .

In short .. they screwed you and and don't seem too concerned - as described in your post .

You have choices -
1) get an attorney and go through all the steps and hope to recover your loss.
2) negotiate - select another car off their lot witout a salvage title and insist upon every dime of your money back towards an immediate swap . See if they bite .
Reply
Sep 21, 2009 | 11:10 PM
  #6  
salvaged turbo
Oh this clown already offered to take the car back on trade towards among other things a 500,000 F40. Sure send him his car back and another $400k in cash . Has this guy lost his mind ! I would rather wipe my *** with 400 grand then send it to this guy. I just want my cash back not another chop shop special
Reply
Sep 21, 2009 | 11:20 PM
  #7  
I'm not a lawyer but, it seems to me the conversation that will matter most is your discussion(s) with the dealer about whether the car had a clear title or not. Unfortunately, recourse is going to be challenging given the terms of most auto sales. I wish you the best in resolving this, the legal system is always an expensive process. I thank you for sharing your story, and it will help others from finding themselves in this situation.
Reply
Sep 21, 2009 | 11:23 PM
  #8  
Quote: Oh this clown already offered to take the car back on trade towards among other things a 500,000 F40. Sure send him his car back and another $400k in cash . Has this guy lost his mind ! I would rather wipe my *** with 400 grand then send it to this guy. I just want my cash back not another chop shop special
I can understand that sentiment completely. A swap would have to be in a car of equal price .

The problem -
You are financially exposed holding a depeciating car with a salvage title
BUT
They are exposed -- unless that contract has all the escape clauses (which it might)

You are right . You would win . Time is money .
An immediate resolve can diffuse a lot of drama fir both.

400K -they are insane
to sell you a salvage title - they are insane .

But they are not infallable .. and they are exposed . That's your leverage .
Pick yoir stength and know your weakness too . You did buy the car and that's their leverage .
Reply
Nov 9, 2011 | 12:46 PM
  #9  
I think it is interesting NYC123 has never come back to tell us what happened. I think this was a simple story of buyers remorse. The listing for the car spoke of the damage. Which is in this thread somewhere else also. http://www.canepa.com/inventory/coll...rbo/index.html The ad also stated that car had pictures showing the damage.

You can't tell me based on this information which was made available to you that you didn't have a PPI inspection done to verify the claims right or wrong. The key word in all this was the original owner was an "Attorney" who crashed the car and strong armed his insurance company to pay offf the car.

I am friends with the gentleman who owns the car now and he loves it. I own a Black 993 Turbo I recently purchased from Bruce and would purchase another car from him anytime. In fact I would like to buy that Polar Silver 993 with Black interior. So I can have two a Black with Red and a Silver with Black.

P.S. NYC123 you should have bought that F40 it is now worth well over $600K.
Reply
Nov 9, 2011 | 01:20 PM
  #10  
i remember this issue, and at the time, spoke to NYC because i was interested in a car from the seller. NYC walked me thru all the facts, the largest majority of which were not posted here. and not that it matters, i know NYC and i can tell you he wanted this example far more than anything. when you buy something you are told is perfect perfect, clear title, and you learn it aint, and then discover the cover , you seek resolution.

let me ask you, the add to which you reference...do you recall if this was the ad which was made available BACK THEN? and do you think perhaps it might have been updated since to reflect the fact he got busted big time?! to not disclose it once would be bad, to do it twice could be considered, by some, as criminal.
there is no question that 993 Turbos are amazing machines. I hope your friend loves it and enjoys it for years and years.
but that it was resold with proper disclosure doesnt wipe away the fact that it absolutely was not disclosed the first time around and they proven to have gotten cute with the title, etc.

when's the last time you've know a dealer to take back a $100k car if they werent right? The buyer NYC laid it all out up here. WHy is it that the seller if they perhaps did so to simply minimize the negative goodwill did not come online and explain why NYC was incorrect, to explain how it was not just a misunderstanding.

there are always issues with cars. yet if you really do the research and hunt around, some dealers just seem to find themselves in the center of these kinds of issues far more than others. u should research some interesting cases related to 959 conversions, etc.

IM glad you had a terrific experience with the seller. My guess is a bunch of folk do not feel the same way.

Quote: I think it is interesting NYC123 has never come back to tell us what happened. I think this was a simple story of buyers remorse. The listing for the car spoke of the damage. Which is in this thread somewhere else also. http://www.canepa.com/inventory/coll...rbo/index.html The ad also stated that car had pictures showing the damage.

You can't tell me based on this information which was made available to you that you didn't have a PPI inspection done to verify the claims right or wrong. The key word in all this was the original owner was an "Attorney" who crashed the car and strong armed his insurance company to pay offf the car.

I am friends with the gentleman who owns the car now and he loves it. I own a Black 993 Turbo I recently purchased from Bruce and would purchase another car from him anytime. In fact I would like to buy that Polar Silver 993 with Black interior. So I can have two a Black with Red and a Silver with Black.

P.S. NYC123 you should have bought that F40 it is now worth well over $600K.
Reply
Nov 9, 2011 | 02:06 PM
  #11  
Quote: i remember this issue, and at the time, spoke to NYC because i was interested in a car from the seller. NYC walked me thru all the facts, the largest majority of which were not posted here. and not that it matters, i know NYC and i can tell you he wanted this example far more than anything. when you buy something you are told is perfect perfect, clear title, and you learn it aint, and then discover the cover , you seek resolution.

let me ask you, the add to which you reference...do you recall if this was the ad which was made available BACK THEN? and do you think perhaps it might have been updated since to reflect the fact he got busted big time?! to not disclose it once would be bad, to do it twice could be considered, by some, as criminal.
there is no question that 993 Turbos are amazing machines. I hope your friend loves it and enjoys it for years and years.
but that it was resold with proper disclosure doesnt wipe away the fact that it absolutely was not disclosed the first time around and they proven to have gotten cute with the title, etc.

when's the last time you've know a dealer to take back a $100k car if they werent right? The buyer NYC laid it all out up here. WHy is it that the seller if they perhaps did so to simply minimize the negative goodwill did not come online and explain why NYC was incorrect, to explain how it was not just a misunderstanding.

there are always issues with cars. yet if you really do the research and hunt around, some dealers just seem to find themselves in the center of these kinds of issues far more than others. u should research some interesting cases related to 959 conversions, etc.

IM glad you had a terrific experience with the seller. My guess is a bunch of folk do not feel the same way.
This is the Ad that was posted at the time of Purchase. The link is from 9/21/09 which is the same day NYC123 posted his issue with Canepa. I pulled this from Lambo Pete.

The 959 you are referring to if you read deeper into the Pelican Parts forum the owner makes a complete apology to Canepa and states how much he loves the car. Keep reading maybe you will not jump to judgement before hearing all the facts.

I don't pretend to know all that happened. Just that I purchased and have sent many a friend to Canepa and all will say the same thing. Canepa is at the top of the field as far as quality and service.

Maybe that is why so many people with names like, Paul Allen, Ralph Lauren, Seinfeld, Miles Collier, Bill Gates, and the list goes on have bought many a car from Canepa. A guy with two 917's can't be all bad..

Maybe Canepa doesn't have time to respond or read all the Truth or Lies on the WWW.

It's on the internet it must be true.. Or not..
Reply
Nov 23, 2011 | 06:53 PM
  #12  
Quote: This is the Ad that was posted at the time of Purchase. The link is from 9/21/09 which is the same day NYC123 posted his issue with Canepa. I pulled this from Lambo Pete.

The 959 you are referring to if you read deeper into the Pelican Parts forum the owner makes a complete apology to Canepa and states how much he loves the car. Keep reading maybe you will not jump to judgement before hearing all the facts.

I don't pretend to know all that happened. Just that I purchased and have sent many a friend to Canepa and all will say the same thing. Canepa is at the top of the field as far as quality and service.

Maybe that is why so many people with names like, Paul Allen, Ralph Lauren, Seinfeld, Miles Collier, Bill Gates, and the list goes on have bought many a car from Canepa. A guy with two 917's can't be all bad..

Maybe Canepa doesn't have time to respond or read all the Truth or Lies on the WWW.

It's on the internet it must be true.. Or not..
I am very happy you have had good dealing with Mr Bruce I am sure once or twice he has told the truth in his career. As far as my dealings it is pretty simple I had several conversations and emails from him stating the car I purchased could not possibly be a salvage car but was a perfect car coming out of a high end collection and only had a fender repainted once. It took me some time but I eventually tracked down all the previous owners and reality is the car was purchased from a salvage yard in Brooklyn, sat in a basement in brooklyn for yrs, was later rebuilt (mostly with stolen parts) and when eventually sold to Bruce, he signed a document stating that he was well aware of the history....he is a scum bag plain and simple...was really amazing how many other people contacted me to tell me they also have had legal issues with him....and his reason for weeks on end why he would not purchase the car back was that he claimed to be dead broke....
Reply
Nov 23, 2011 | 07:45 PM
  #13  
930 cruz the ad you mention which talks about a minor accident is NOT the original ad. The original ad is copied word for word in the very first post in this thread, no mention of any accident. However, even the second ad which you mention which was posted AFTER he took the car back is still very far from the truth.....
Reply
Nov 24, 2011 | 12:27 AM
  #14  
NYC was there ever any resolution to this? I find it quite an interesting and unfortunate situation If this was never resolved, I wish you the best.

Just food for thought for all of those out there and I'm not saying this is the case by any means...But, many a good person have done bad things. Perhaps Bruce has always maintained integrity and been genuine. Maybe he has dealt with people with complete honesty for years. But all it takes is just ONE instance of disingenuous actions to tarnish your reputation. Look at Joe Paterno and what has happened to his legacy. Mr. Canepa could be in the same boat, one bad disingenuous dealing and his legacy and reputation is now completely in question.
Reply
Nov 24, 2011 | 05:46 AM
  #15  
Quote: NYC was there ever any resolution to this? I find it quite an interesting and unfortunate situation If this was never resolved, I wish you the best.

Just food for thought for all of those out there and I'm not saying this is the case by any means...But, many a good person have done bad things. Perhaps Bruce has always maintained integrity and been genuine. Maybe he has dealt with people with complete honesty for years. But all it takes is just ONE instance of disingenuous actions to tarnish your reputation. Look at Joe Paterno and what has happened to his legacy. Mr. Canepa could be in the same boat, one bad disingenuous dealing and his legacy and reputation is now completely in question.
He eventually bought the car back when I was able to find thew owner that sold him the car who provided me with the bill of sale which included a salvage disclosure agreement. He then had a harder time sticking to his story that "there is no way this car could of ever had any damage other than a fender." He also spent a good amount of time threatening that previous owner. He is just a very bad guy that has done many bad things and many people have had to take him to court.
Reply