Hello - 1997CDN385ITR
Posted: December 11th, 2009, 1:45 am
Hello
Thanks to Doespike a number of pictures have been posted of my 97ITR, badge number 385. As some may recall, awhile ago I wrote into this forum asking for advice under the posting - HOW MUCH. In that post I said I was looking for a 1997 ITR with low mileage and untouched and wanted to know how much the vehicle would cost. However, I must be frank and admit that I had already purchased one a week or so before hand. The reason for this lie, as I explained to Doespike, is that shortly after buying the car and writing to the registry to put 385 into its database, I received a unpleasant phone call from my bank. It turned out that they thought I had paid way too much for the vehicle. To them, it should of cost no more than 8K. When I asked why they hadn't brought this up during my loan application, I wasn't given a credible answer. Needless to say I was not happy. But there was little I could do. Either I gave them evidence that the price reflected the market or the loan was in jeopardy.
My first step was to contact a man who had appraised some of my other vehicles. Unfortunately, he said that it was hard for him to give me a figure much higher than quoted by the bank because the market (at least the Canadian Market) for such vehicles is very specialized. He told me to see if I could find similar cars being sold, or contact a club specializing in this type of vehicle for their opinions. Based on this, I formulated my posting and hoped for the best. I am sorry for my duplicity, but I was trying to get some objective input. Once I got as much information together as I could, I sent it back to my bank. It wasn't until a couple of weeks ago that they wrote back and said everything was okay. Once I was certain the car wasn't going anywhere, I sent in my pictures to the registry.
Sincerely,
MINTY FRESH
Thanks to Doespike a number of pictures have been posted of my 97ITR, badge number 385. As some may recall, awhile ago I wrote into this forum asking for advice under the posting - HOW MUCH. In that post I said I was looking for a 1997 ITR with low mileage and untouched and wanted to know how much the vehicle would cost. However, I must be frank and admit that I had already purchased one a week or so before hand. The reason for this lie, as I explained to Doespike, is that shortly after buying the car and writing to the registry to put 385 into its database, I received a unpleasant phone call from my bank. It turned out that they thought I had paid way too much for the vehicle. To them, it should of cost no more than 8K. When I asked why they hadn't brought this up during my loan application, I wasn't given a credible answer. Needless to say I was not happy. But there was little I could do. Either I gave them evidence that the price reflected the market or the loan was in jeopardy.
My first step was to contact a man who had appraised some of my other vehicles. Unfortunately, he said that it was hard for him to give me a figure much higher than quoted by the bank because the market (at least the Canadian Market) for such vehicles is very specialized. He told me to see if I could find similar cars being sold, or contact a club specializing in this type of vehicle for their opinions. Based on this, I formulated my posting and hoped for the best. I am sorry for my duplicity, but I was trying to get some objective input. Once I got as much information together as I could, I sent it back to my bank. It wasn't until a couple of weeks ago that they wrote back and said everything was okay. Once I was certain the car wasn't going anywhere, I sent in my pictures to the registry.
Sincerely,
MINTY FRESH
