Skip to main content

Replies sorted oldest to newest

It's a brand new build on a VW pan so it's either from Greg at Vintage Motorcars or the guy in Arizona that is now bankrupt after fleecing a lot of customers. What leads me to believe it is an Arizona car is the engine size. Greg's cars have 2332 size motors and this only has a 1600. Greg also uses a different exhaust and different pedals than what's on this car. I would reach out to the seller directly and see if they will tell you.

Last edited by Robert M
@Superuber posted:

Yes, I didn't think it was Greg.

Reached out and they have no idea. Opinions on the car itself?

I'm a new Porsche guy, 911, Panamera, just learning about these.

I've only seen one AZ car in person and it had its share of build issues starting with a Home Depot-ish hardware setup on the under dash brake handle. Upside down sway bar, and a couple other that I can't recall at the moment. The person selling this car always asks very high prices. He bought my used Kirk era Vintage Speedster off of PCarMarket and immediately listed it for $20K more than he paid me for it. For the same amount of money you could have Greg at Vintage Motorcars (that's a link) build you one for the same amount of money. It'll be a lot better build with a lot bigger motor and you'll be able to contact someone if you have any issues. Or, if you're located on the East Coast you could have Carey at Beck build you a custom frame based Speedster.

Just be advised that both of these guys have a waiting list so it would be a little bit before you would have one in your hands. If you're still interested in a used one there is a gal in my hometown that is selling her Kirk era Vintage Speedster and it is in excellent condition. Her dad is a longtime PCA member and has helped her take care of it during her ownership.

https://www.facebook.com/marke...em/1334603943907909/

@Superuber appears to be a Vintage Speedster build but very hard to say whether it was the original company or AZ folks who barely built any cars and most with issues.  As someone else pointed out it seems priced quite high for a used VS build and if you want to explore a new build feel free to reach out to me as I am a dealer for Vintage Motorcars of CA and can typically get you a build quicker than ordering direct as I have cars already in the production queue.

Actually here is a link to when this car just sold a little over a month ago  on BAT

https://bringatrailer.com/list...porsche-356-replica/

Also, I may have 2 used VS cars coming in soon I would be happy to discuss with you both significantly lower priced than the one in the link.

Welcome to the forum and look forward to helping you if needed.

Roy, Cloud 9 Classics, 770-359-8400

@RoyP posted:

@Superuber appears to be a Vintage Speedster build but very hard to say whether it was the original company or AZ folks who barely built any cars and most with issues.  As someone else pointed out it seems priced quite high for a used VS build and if you want to explore a new build feel free to reach out to me as I am a dealer for Vintage Motorcars of CA and can typically get you a build quicker than ordering direct as I have cars already in the production queue.

Actually here is a link to when this car just sold a little over a month ago  on BAT

https://bringatrailer.com/list...porsche-356-replica/

Also, I may have 2 used VS cars coming in soon I would be happy to discuss with you both significantly lower priced than the one in the link.

Welcome to the forum and look forward to helping you if needed.

Roy, Cloud 9 Classics, 770-359-8400

good find. it looks like "porsche-colection" user on BaT is the buyer for Schmitt. They seem to buy on BaT and then +20% for their margin. You can compare all the cars they recently bought on BaT and find it all as their current porsche inv on their website.

Buy high, sell higher, eh? Wonder how that business model works.

Reminds me a bit of the guy who built Trump's limousine in the '80s. He moved on to commissioning hyper-fast motor yachts, 30 meters and up. He'd pay some Netherlands-based shipyard to design and build a boat for (in the case I know of personally), $12 million or so to his own spec and tastes, then quietly sell it on a year or two later for (I was told) $3 million. He's been in this business since circa 1987, he's built and sold at least a dozen yachts this way. Very famous for this activity.

Prince of a guy; well-connected to the Colombo crime family, according to available law enforcement documents.

Anyway, some guys don't really need the profit from sales so much as the public-facing business. I think the accountants call this "good will." It's very valuable, I am told. 

@edsnova posted:

Buy high, sell higher, eh? Wonder how that business model works.

Reminds me a bit of the guy who built Trump's limousine in the '80s. He moved on to commissioning hyper-fast motor yachts, 30 meters and up. He'd pay some Netherlands-based shipyard to design and build a boat for (in the case I know of personally), $12 million or so to his own spec and tastes, then quietly sell it on a year or two later for (I was told) $3 million. He's been in this business since circa 1987, he's built and sold at least a dozen yachts this way. Very famous for this activity.

Prince of a guy; well-connected to the Colombo crime family, according to available law enforcement documents.

Anyway, some guys don't really need the profit from sales so much as the public-facing business. I think the accountants call this "good will." It's very valuable, I am told.

Looking at the ones he has won, hes doing a pretty decent job of winning the auctions where they hammer below market. This speedster from OP was purchased for 36+fees, which amounts to just under 40k. Even an AZ car would sell for high 40's low 50's in current market. They have it listed for 60k, which means even with some negotiation, they'll still land in the mid 50's with a 15k profit for this car.

@edsnova posted:

Buy high, sell higher, eh? Wonder how that business model works.

Reminds me a bit of the guy who built Trump's limousine in the '80s. He moved on to commissioning hyper-fast motor yachts, 30 meters and up. He'd pay some Netherlands-based shipyard to design and build a boat for (in the case I know of personally), $12 million or so to his own spec and tastes, then quietly sell it on a year or two later for (I was told) $3 million. He's been in this business since circa 1987, he's built and sold at least a dozen yachts this way. Very famous for this activity.

Prince of a guy; well-connected to the Colombo crime family, according to available law enforcement documents.

Anyway, some guys don't really need the profit from sales so much as the public-facing business. I think the accountants call this "good will." It's very valuable, I am told.

Buy for $12 million and sell for $3 million?? I think you meant $13 million unless he needed the tax write off.

Last edited by Robert M
@Robert M posted:

Buy for $12 million and sell for $3 million?? I think you meant $13 million unless he needed the tax write off.

Nope. It was (reportedly) as I have said. The guy who bought it is dead now; he was a nursing home baron who later had some setbacks. His masseuse was a friend of mine's GF. I met her having just interviewed the boat's builder a month before, and he had already sold it by then, but no one would tell me the new owner's name. I told her about this boat, and the crazy other ones like it. She says "I know the new owner! He's a client of mine. He was bragging about how much he paid for the boat." She had no idea what the reported cost was to build it. She told me his name and the figure.

And that's what put the light on in my head. I later confirmed the name of the new owner, and looked up the builder in much more detail; much of his background is now pretty common knowledge.

Knowing these associations now it's fun to read the obits and see lines like "He started on the road to riches in the 1960s, using profits from a snakeskin laminating business to buy nursing homes."

That said, yes, tax write-offs were and remain a big part of the big boat lifestyle.

@edsnova posted:

... using profits from a snakeskin laminating business to buy nursing homes."

I might be movin' to Montana soon
Just to raise me up a crop of Dental Floss
Raisin' it up
Waxen it down
In a little white box
I can sell uptown

By myself I wouldn't
Have no boss,
But I'd be raisin' my lonely Dental Floss
Raisin' my lonely Dental Floss

Well I just might grow me some bees
But I'd leave the sweet stuff
For somebody else...
but then, on the other hand
I'd Keep the wax N' melt it down
Pluck some Floss N' swish it aroun'
I'd have me a crop
An' it'd be on top

Frank Zappa, 1973

@Stan Galat : I thought I was the last of the Zappa fans.  I’ve been listening to him for 40 years or so, and I have successfully introduced him to the next generation.  Next step: the Grandkids!

And don’t forget the Mothers of Invention!

I'm gonna find me a horse just about this big
An' ride him all along the border line
With a pair of heavy-duty
Zircon-encrusted tweezers in my hand
Every other wrangler would say
I was mighty grand
By myself I wouldn't have no boss
But I'd be raisin' my lonely dental floss

Well I might ride along the border
With my tweezers gleamin' in the moon-lighty night
And then I'd get a cuppa cawfee
'N give my foot a push
Just me 'n the pygmy pony
Over by the dental floss bush
'N then I might just
Jump back on
An' ride like a cowboy
Into the dawn to Montana

Last edited by TheMayoMachine

You guys aren't the only ones!  Saw him about 1980? 1984? He walked out on stage to the music from Yellow Snow, said they were going to play 26 songs we'd never heard and proceeded to blow everybody away for the next 2? hours.  Not enough people realize what a great guitarist (and composer) he was.  I would love to find a cd of that show.

Post Content
×
×
×
×
Link copied to your clipboard.
×
×