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| Joined: | 08-02-2018 |
| Location: | Long Beach, California USA |
| Posts: | 457 |
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A nice GT to be sure, it still needs a few things (headliner, seats for example) but for the price not a bad deal.
Like you I found the whole sale a bit puzzling. First he buys a Jensen GT with a bad motor for $19,000, not a great deal. Then drops another 12K to 15K on it. And finally turns around sells it with no reserve for $13,500. So apparently he lost around $20,000 on the deal! Seems a bit fishy to me.
I'm wondering if the seller inflated the numbers to make it appear the car is more valuable than it actually is.