Ethical question involving selling a 350Z....
#1
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Ethical question involving selling a 350Z....
Suppose you have an 03 350Z track model with aftermarket leather, NAV, and all. You drove it to 7K miles on the ODO. Let's say you also had access to a complete changeover out of another 350Z (engine, trans, accessories, ECU, harness). This guy bought the complete changeover out of another Z and built the motor and put a turbo kit on it and installed it in his car and took all his original stuff out and put it in his garage. He also installed coilovers, a BBK, DSS axles, LSD, adjustable suspension pieces for camber, racing seats, and other misc goodies along with the ODO from the car he got the transplant. This was basically a dedicated track car for over a year. When he finally got bored of driving it, he swapped all of his old stuff on it and replaced the original ODO in time to get his inspection sticker which shows the car having 7K miles. Technically, every part of that car still has 7K miles on it except for the body and stuff that he couldn't really swap out like the spindles, rack, and driveshaft. Is it OK to sell this car as having 7K miles or would it bother some of you.
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if the engine wasnt raced id think its ok, BUT the right thing to do would be to be honest about what was done to the car and reduce your selling price accordingly. IMHO.
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Well there are a couple factors to this that would determine how I felt about the transacation. First, if the seller states that the engine was removed, replaced, and then put back in to sell with 7k ORIGINAL miles then I'd be ok. Secondly, is the price reflective of the wear and tear of the body and the things that were not replaced? If he's selling the car for say 28k because it only has 7k miles then no, I would not be ok, he can factor the low mileage in but definately not that much...a few K at most!
People swap engines out all the time in cars, but it needs to be disclosed as such...just my two cents!
People swap engines out all the time in cars, but it needs to be disclosed as such...just my two cents!
#4
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Originally Posted by Riggz
if the engine wasnt raced id think its ok, BUT the right thing to do would be to be honest about what was done to the car and reduce your selling price accordingly. IMHO.
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the entire car doesnt have 7k miles on it...only what u took off!
like i said and everyone else is saying...just be honest...everythings gotta be disclosed.
like i said and everyone else is saying...just be honest...everythings gotta be disclosed.
#7
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Originally Posted by TK2005
How do you reduce the price on a car that has only 7K miles. It is practically new.
If you went so far as to post this thread you need to clear your conscious and disclose the info.
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#8
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Originally Posted by ecorona6
The car is not new! Tracking or racing a car puts alot of strain on bushings, transmission, clucth, body panels (bolts/screws), sealents, radiator, and dashboard stucture. Parts seem to lose their rigid structure after racing abuse. It may not be the case now, but it wears down faster than a car that wasnt raced.
If you went so far as to post this thread you need to clear your conscious and disclose the info.
If you went so far as to post this thread you need to clear your conscious and disclose the info.
#9
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Originally Posted by TK2005
I am not selling it. It is a local guy that asked me to put it on my lot to sell on consignment. I don't have any cars under $40K (996 Porsches) at all so it would be out of place on the lot.
#13
Originally Posted by Riggz
the entire car doesnt have 7k miles on it...only what u took off!
like i said and everyone else is saying...just be honest...everythings gotta be disclosed.
like i said and everyone else is saying...just be honest...everythings gotta be disclosed.
+1
you still wont get normal price for that car.... even tho it has 7k( from the parts put back on) miles because of what was done to the car.
so you will lose some value vs a normal not messed with 7k mile car.. IMO
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Being that selling the vehicle in that condition without disclosure is illegal...
I believe you already knew the answer to your question before you generated this thread. Makes me wonder...
I believe you already knew the answer to your question before you generated this thread. Makes me wonder...
#16
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Originally Posted by HDPD350Z
Being that selling the vehicle in that condition without disclosure is illegal...
I believe you already knew the answer to your question before you generated this thread. Makes me wonder...
I believe you already knew the answer to your question before you generated this thread. Makes me wonder...
Last edited by TK2005; 05-06-2006 at 11:34 AM.
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BTW, it is illegal to sell that vehicle without disclosure. There is an innaccurate odometer reading.
The odometer must reflect the actual miles on the vehicle (NOT just the engine). By swapping out to the original odometer, without notifying the DMV or potential buyer, the seller is committing a crime (felony in most jurisdictions).
The odometer must reflect the actual miles on the vehicle (NOT just the engine). By swapping out to the original odometer, without notifying the DMV or potential buyer, the seller is committing a crime (felony in most jurisdictions).
#18
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Originally Posted by TK2005
Is it OK to sell this car as having 7K miles or would it bother some of you.
The mileage indicated when the car is sold should be worse case. In this situation, worst case is how many miles are on the frame. Of course the seller would indicate to the buyer that the car has a almost new engine and other particulars.
#19
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Originally Posted by HDPD350Z
BTW, it is illegal to sell that vehicle without disclosure. There is an innaccurate odometer reading.
The odometer must reflect the actual miles on the vehicle (NOT just the engine). By swapping out to the original odometer, without notifying the DMV or potential buyer, the seller is committing a crime (felony in most jurisdictions).
The odometer must reflect the actual miles on the vehicle (NOT just the engine). By swapping out to the original odometer, without notifying the DMV or potential buyer, the seller is committing a crime (felony in most jurisdictions).