Unique Performance ‘title washing’ scandal
December 31st, 1969
Unique Performance is a custom vehicle manufacturer based in Dallas, Texas, licensed to build Ford Mustang replicas complete with the Carroll Shelby name. Earlier this month, the outfit was investigated by local police because of complaints from customers who’ve fronted the six figure asking price but never received their cars even after several years of waiting.
During an interview with the NY Times, a police officer revealed that Unique was altering the vehicle identification numbers of some of its cars. In this way, Unique could ‘title wash’ old salvage cars by retitling them in another state, restore them, and sell them to unknowing customers.
Unique’s phone number has since been disconnected and its website shutdown. Unfortunately, there are customers who have paid up to $200,000 for one of the refurbished cars and they are unlikely to see any of this money returned.
Some customers who have received their cars haven’t got out completely scot free either. Since many of the refurbished cars were based on common six-cylinder models altered to look like the rare high-performance versions, their values will now depreciate just as badly as the more common models.
Unique Performance is a custom vehicle manufacturer based in Dallas, Texas, licensed to build Ford Mustang replicas complete with the Carroll Shelby name. Earlier this month, the outfit was investigated by local police because of complaints from customers who’ve fronted the six figure asking price but never received their cars even after several years of waiting.
During an interview with the NY Times, a police officer revealed that Unique was altering the vehicle identification numbers of some of its cars. In this way, Unique could ‘title wash’ old salvage cars by retitling them in another state, restore them, and sell them to unknowing customers.
Unique’s phone number has since been disconnected and its website shutdown. Unfortunately, there are customers who have paid up to $200,000 for one of the refurbished cars and they are unlikely to see any of this money returned.
Some customers who have received their cars haven’t got out completely scot free either. Since many of the refurbished cars were based on common six-cylinder models altered to look like the rare high-performance versions, their values will now depreciate just as badly as the more common models.
During an interview with the NY Times, a police officer revealed that Unique was altering the vehicle identification numbers of some of its cars. In this way, Unique could ‘title wash’ old salvage cars by retitling them in another state, restore them, and sell them to unknowing customers.
Unique’s phone number has since been disconnected and its website shutdown. Unfortunately, there are customers who have paid up to $200,000 for one of the refurbished cars and they are unlikely to see any of this money returned.
Some customers who have received their cars haven’t got out completely scot free either. Since many of the refurbished cars were based on common six-cylinder models altered to look like the rare high-performance versions, their values will now depreciate just as badly as the more common models.
More from MotorAuthority
-
11/06/2009
Opel Boss Carl-Peter Forster Calls It Quits
Carl-Peter Forster, GM group vice president and president of Opel, will be ...
-
11/06/2009
GM Czar Lutz Heading Back To Europe--To Opel?
GM's sudden decision this week to reverse path and keep Opel rather than ...
-
11/06/2009
Toyota To Put 2010 4Runner Through The Baja 1000 Wringer
Toyota's involvement in motorsports has been a hot topic this week with ...
More from High Gear Media
-
TheCarConnection.com | 11/07/2009
Driven: 2010 BMW ActiveHybrid X6
BMW's X6 "Sports Activity Coupe" is a car of contradictions. Our review ...
-
TheCarConnection.com | 11/06/2009
Opel CEO Calls It Quits, Rolls-Royce Hybrid: Today’s Car News
It’s official. The boss of Opel, Carl-Peter Forster, will be leaving ...
-
TheCarConnection.com | 11/06/2009
2010 Ford Focus
2010 FORD FOCUS STYLING | [6 out of 10] Kelley Blue Book: "Improved ...



Comments (0 total)
Meet the top commenters on the LeaderboardPost a Comment
Sign In |