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nineteenfortyeight Offline
#1 Posted : Tuesday, 27 October 2020 7:15:35 PM(UTC)
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I just watched the news. There was a story about a Pink XU1 which was stolen in 1992 by a rebirthing syndicate. It had been rebirthed and onsold. The last owner restored it to what looks like a high standard. Congratulations to Carol Richards for finally getting her uninsured XU1 back after all these years. The restorer has been awarded $560k in compensation for vehicles he has purchased from the syndicate.
My question is how did they work out it was her XU1?
Hopefully they can find more stolen and rebirthed vehicles.......
Cheers,
Ron
PS: The detective is a car enthusiast too.

https://www.dailymail.co...ner-28-years-stolen.html
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Sandaro Offline
#2 Posted : Wednesday, 28 October 2020 9:16:59 AM(UTC)
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If the method of rebirthing is by restamping relevant numbers on chassis and engine the police can forensically still read the old numbers even if grinded off. Leaves a permanent imprint in the fibres of the metal as I understand it that can still be discovered.
greenhj Offline
#3 Posted : Wednesday, 28 October 2020 5:43:45 PM(UTC)
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Rumour was that peening the surface after grinding then restamping would destroy what's left of the original number if it was x-rayed.

I'm guessing someone very clever was brought in to look at the car after the thief was caught and there are probably lots of ways to discover a vehicles original parentage if you know where to look.





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greenhj Offline
#4 Posted : Wednesday, 28 October 2020 5:45:54 PM(UTC)
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Also, I'm real glad that the cars owner was found, good work by the Detective!




11.34@121mph NA
now being rebuilt with less cam, much less comp, and enough turbo to smash a holden block to bits..
castellan Offline
#5 Posted : Thursday, 29 October 2020 11:13:41 AM(UTC)
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The engine number can be seen by waving an oxy over the spot, regardless of what you do.

There would of been tell tail points that gave it away.
castellan Offline
#6 Posted : Thursday, 29 October 2020 11:41:33 AM(UTC)
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Originally Posted by: greenhj Go to Quoted Post
Also, I'm real glad that the cars owner was found, good work by the Detective!


I wonder if the owner got payed out insurance wise back in the day, how does that work out ? do you have to pay back the insurance company the $2000 it was worth when it was stolen.

Not to mention a car that could of been valued at buying a collector car at $1 million if that type of car then falls in value to $4000 in the future and then it turns up.

I wonder why some cars have the madness value now and in the future they will drop off very much so. like a GT-HO the generation now may not look at such the way it is now at all really.
I find it stupid that anyone is willing to pay huge $ on such cars, it's not the average Joh that has created such prices, it's very wealthy people who have payed such to invest in such. no average person would truly put a value of a $ million on any GT-HO.
You can build a much better car out of a XY Falcon any day, a GT-HO is noting nowadays tec wise it's rubbish.

A Monaro will be more value because of the body regardless of what it is, as long as the body is spot on that is what truly will mater.

Electric powered HK-T-G Monaro in 2040 maybe the go then and much faster, not to mention the HQ-J-X Coupe. just saying, maybe.
Sandaro Offline
#7 Posted : Thursday, 29 October 2020 12:49:24 PM(UTC)
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The car was NOT insured when stolen, so this one always remains the owners.

If there was insurance, once the owner is paid out in full the title goes to the insurer (this doesn't include title retention clauses like Shannons- but that's for damaged wrecks- not stolen). So RACV (or whoever) would have benefited from whatever gain was made to values in 25 years and they would have got the Torana. Wouldn't have made such a nice story though.
Warren Turnbull Offline
#8 Posted : Friday, 30 October 2020 11:27:08 AM(UTC)
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I know a fellow who was suspicious about a car he purchased and was lucky enough to find part of the build sheet with the VIN. He then contacted Holden for the engine number and then went to the police.

The police confirmed the car was stolen. He then went to the insurance company that had paid out the owner and purchased the car from them. He was lucky that the car was a shell with no tags so the insurance company was not interested in it.

There would be plenty of cars that they would be tracking from this syndicate, they would have been selling the cars and records would exist of all the sales. Then all they would have done is found which ones were still registered and impounded them for investigation. There will be some returned to uninsured owners, and others returned to insurance companies.

In the case of this car, the police knew it was stolen and would have just had to keep looking until they found the evidence they needed.

Not sure why the old owner was compensated, not that I begrudge them being paid, but know of several other cases where the owner has not, which is the normal policy.

Warren
kevrev Offline
#9 Posted : Tuesday, 3 November 2020 6:34:36 PM(UTC)
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The reason the Police found out the real identity of this Pink XU-1 was that the guy who rebirthed it was foolish enough to keep the original tags and chassis number in his garage.
When the police raided his home they were found and the cars real identity determined.
The previous owner had purchased 4 XU-1s, all faked, all from the same seller and was compensated for all of them as part of the judgement against him.
All four cars were sold fully restored, the previous owner had not undertaken any restoration
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