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Joe Bob Joe Bob is offline
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Join Date: Jul 1999
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Jerry's fake Porsche

But nobody is talking......

Jerry Seinfeld has settled a pair of lawsuits stemming from the $1.54 million sale of one of his classic Porsches in 2016.

The 1958 Porsche 356 A 1500 GS/GT Carrera Speedster was one of 17 cars the comedian auctioned at a Gooding & Company event in Florida for a total of $22.2 million.

Three years after the sale in 2019, the buyer of the Porsche, a company called Fica Frio, filed a lawsuit alleging that the vehicle wasn't an authentic factory build and had been converted to resemble the model that was advertised.

This is not an uncommon practice in the collector car world, but a seller is expected to represent their car's origins accurately. Seinfeld claimed he was unaware the car wasn't genuine when he purchased it and reportedly apologized and told the buyer he'd make things right.

Seinfeld also filed his own third-party complaint against the dealer he purchased the vehicle from in 2013 for $1.2 million, European Collectibles of Costa Mesa, Calif.

Both lawsuits have now been settled, according to Reuters. Details of the private agreements were not released, but the closures of the suits were documented in Manhattan federal court on June 1.
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Old 06-06-2022, 04:25 PM
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