Russo and Steele Disaster

[WildBillyT]

Originally Posted by sweetbmxrider

wait what happened?

Tents came down on collector cars in a storm. Or are you being sarcastic?

[edpontiac91]

Originally Posted by Tru2Chevy

Not only will many of those cars require a ton of additional restoration type work - but what about all of the "survivor" types? They either lose that status, or get sold broken, and neither is good for the value.

- Justin

In regard to the survivor stats on some of these cars. Yes I can see that some people can appreciate an older car that has not been restored and then I have to wonder. It can only be original once, but a case in point is that I was watching Barrett-Jackson the other day and there was a 1973 Trans Am owned by Bill Mitchell with the Black and Gold theme. It is the first one built. The auction price went up to $95,000. Sounds like a good deal, but looking at the car, ALL the clearcoat was checked cracked BADLY, the engine compartment was full of rust, the tan interior was several different colors due to fading and more. The buyer may have a piece of history, but if you didn't know better, you would say it looks like a beat-up 1973 Firebird. Just my

[sweetbmxrider]

Originally Posted by WildBillyT

Tents came down on collector cars in a storm. Or are you being sarcastic?

no no i am very illiterate today. it looked like hail or some pissed off ex.

[Tru2Chevy]

Originally Posted by sweetbmxrider

no no i am very illiterate today. it looked like hail or some pissed off ex.

Heh....the pic in the first post is just one of hundreds of damaged cars.

- Justin

[1QWIKBIRD]

What happened is horrible and there is a lot of potential automotive history that is now either lost or at least tarnished, that's the sad part. I would think that most of those individual owners would carry enough insurance to cover their own car and Russo & Steele I am sure has some sort of umbrella of insurance to cover their end of such a deal. Lets just hope the insurance companies don't try and weasle out of cutting the check, that would be the real tragedy.

I know one thing. If I was in the market for a particular car, I'd be sure an keep a copy of that auction brochure so that in 2 or 3 years when some of these cars are fixed and up for auction again, at least I know what I am really bidding on. Like WildBillyT said, pillar/roof damage would be supremely difficult to get right. Would that information be disclosed once fixed?

Chris

[LS1Hawk]

Originally Posted by sweetbmxrider

no no i am very illiterate today. it looked like hail or some pissed off ex.

Originally Posted by Tru2Chevy

Heh....the pic in the first post is just one of hundreds of damaged cars.

- Justin

Not to mention the first link I posted is to video of the tent coming down...no need for illiteracy.

[LS1Hawk]

Originally Posted by 1QWIKBIRD

Lets just hope the insurance companies don't try and weasle out of cutting the check, that would be the real tragedy.

What would really suck is if insurance companies raise rates across the board
for collector cars as a result of this.

[WildBillyT]

Originally Posted by LS1Hawk

What would really suck is if insurance companies raise rates across the board
for collector cars as a result of this.

I am very glad I re-upped my policy on the 10th of this month.

[Brendan713]

Originally Posted by B4C

Yeah the figure cant be right...someone is getting sued thats for shure. I would be super pissed if say I owned an emmaculate unrestored original car and that happened beyond pissed

i'd be shooting people with a sawed off 12 gauge.

[WildBillyT]

Originally Posted by Brendan713

i'd be shooting people with a sawed off 12 gauge.

Gonna rip a lot of shots at the sky then...

[sweetbmxrider]

Originally Posted by LS1Hawk

Not to mention the first link I posted is to video of the tent coming down...no need for illiteracy.

fml