Tuesday, April 14, 2009

Knit picking

Can you believe this. A guy who owned a Ferrari Enzo is suing a service company because they put 25 miles on his car after the service was completed. It pushed the total mileage from 900 miles to 1015. The owner is claiming that the fact that the car now has more than 1000 miles, it has diminished the value of the car. How about some other questions, like who drove it the first 900 miles, how many owners has it already had, has it been crashed? Remember the Enzo that was destroyed in CA about 2 years ago after the new owner had just taken possession of it. That car probably was rebuilt from the ground up. In any case a prominent attorney is quoted as follows:

"My legal opinion is that there is no claim or legal case against a repair facility that puts 25 miles or so on an Enzo, increasing the odometer reading from less than 1,000 miles to a little over 1,000 miles. Firstly, market conditions evidence that the resale value of the Enzo is decreasing. The minimal added mileage does not affect the decrease in value. Second, any legitimate automotive repair facility will thoroughly test drive the vehicle under repair to insure it is operating properly. This involves putting the car through its paces. Accordingly, an increase of 25 miles on the odometer is reasonable. In my opinion, no credible expert in the field of the Ferrari market would testify that the increase in mileage on this Enzo had diminished the vehicle's fair market resale value. Any claim for diminution in value would be without factual and legal merit."

Enough said. Some people sue for the most ridiculous reasons.

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