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Just talked with Marty, real nice guy. The bank specializes in loans for collectible cars, and as Marty is a Corvette expert, he could make solid loans against older Corvettes. The guy who defaulted is a Corvette collector and trusted client, got this car through a family death, took out a loan against this car and had it restored, came into some money trouble, bank repossessed.
he's got one offer of $12K on it which is about right, and many offers around $10K or so. He'll probably take it but is going to let the Hemmings ad run for a week or two.
also nice to talk to car guys.
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Tru6 Restoration & Design
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