Originally Posted by
SRFguy
I (like much of the world) have been following this thread with interest on and off, and while I certainly agree with Mr. Dono is (being polite here) in need of some character growth -- something here strikes me as fishy.
I don't see how a finance company that is owed at most 5 or 6 grand for a car would write a 16 thousand dollar check to recover it -- especially on a custom car in today's economy where they could easily never recover their initial investment. The old adage that "it's always cheaper to buy someone else's restoration than to do it yourself" holds especially true these days.
There are three sides to every story...yours, his, and the truth. I wonder how divergent the truth is from the two sides presented so far.
Believe what you will. Part of the issue here is that there is still $16,000 owed in financing on the car. So either they take a loss on the financing portion and hand the car over, or they cut a check for just over $15K and get the car back to resell.
Either way a recovery agent is coming to look at the car and verify all the work was done that was billed and after that it should go relatively quick.
If any of you big ballers out there are so inclined please feel free to bid on my GTO. Link in signature!