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Old March 2nd, 2008, 12:01 AM
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Latest on Unique Performance Cars

Well, the story continues. I do not have a pending suit so I can talk about this. The good news is all of the guys who did not get the cars have gotten together over email and have been talking to each other helping each other out.

Here is the latest. There are about 60+ cars that are unfinished frames, in my case, an actual completed supersnake convertible body just left unpainted. See pictures on link below.

http://picasaweb.google.com/mike.her...14872681900098

The bankruptcy court has come back to the people who did not get their cars and has said that for $8500 you can buy your body from the bankruptcy court.

Shelby has told us that we can have the cars built by another builder and if built to Shelby Specs, they will be licensed as a Shelby Continuation Vehicle.

I have asked around and you can build these cars for about $100k in parts and labor. Based on the recent auctions they are fetching $150k+ despite Unique's LARGE issues.

My thought was that if I do have the car built by a reputable builder, I may have something of value and fun toy that is licensed by Shelby.

The other side of the coin is to run for the hills and write it all off as a total loss.


Interested to hear peoples thoughts.
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1967 GT500 #2532, 1 of 10 (White, Auto, Factory A/C)
1968 GT500KR Convertible #3784, 1 of 5 (Highland Green, White Top, Non-AC)
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