Prestige Motor Auctions in Melbourne
03-04-2008, 05:01 AM
#1
Instructor
Thread Starter
Join Date: Jan 2005
Location: Melbourne, Australia
Posts: 249
Likes: 0
Received 0 Likes
on
0 Posts
Prestige Motor Auctions in Melbourne
Has anyone else had the misfortune to deal with Prestige Motor Auctions in Melbourne? website http://www.prestigevehicles.com.au
To cut a long story short, they sold my car in December and have not paid me a cent
.
Myself and others are starting court action against them and would like to here from anyone else who has dealt with them. Please PM me with details.
Regards
David P
To cut a long story short, they sold my car in December and have not paid me a cent
. Myself and others are starting court action against them and would like to here from anyone else who has dealt with them. Please PM me with details.
Regards
David P
03-04-2008, 06:35 AM
#2
Racer
Join Date: May 2003
Posts: 252
Likes: 0
Received 0 Likes
on
0 Posts
David,
I work in Southbank and I drive past City Road every day - Prestige Motor Auctions were located on City Road a few months ago - but they are no longer at these premises. I recall seeing your 964 in the showroom a few months ago.
I do hope you get your money...Good Luck....
ThunderC4S (John)
I work in Southbank and I drive past City Road every day - Prestige Motor Auctions were located on City Road a few months ago - but they are no longer at these premises. I recall seeing your 964 in the showroom a few months ago.
I do hope you get your money...Good Luck....
ThunderC4S (John)
03-05-2008, 01:31 AM
#6
Instructor
Thread Starter
Join Date: Jan 2005
Location: Melbourne, Australia
Posts: 249
Likes: 0
Received 0 Likes
on
0 Posts
Thanks Marc,
I think this is going to be a long drawn out process,
I'll keep you all imformed.
My advice for today is: "you can never do good business with bad people".
David P
I think this is going to be a long drawn out process
,I'll keep you all imformed.
My advice for today is: "you can never do good business with bad people".
David P
03-05-2008, 01:56 AM
#7
Instructor
Join Date: Dec 2005
Posts: 139
Likes: 0
Received 0 Likes
on
0 Posts
david,
What a bunch of ******. Hope you get some justice.
Funny that they had your car listed on their site even after they had sold it.
Is there any come back on the new owner? I know dealers offer clear title but if you had not signed over the title how can they sell it?
Good luck in any case.
regards
What a bunch of ******. Hope you get some justice.
Funny that they had your car listed on their site even after they had sold it.
Is there any come back on the new owner? I know dealers offer clear title but if you had not signed over the title how can they sell it?
Good luck in any case.
regards
Trending Topics
03-05-2008, 05:59 AM
#8
Instructor
Thread Starter
Join Date: Jan 2005
Location: Melbourne, Australia
Posts: 249
Likes: 0
Received 0 Likes
on
0 Posts
Hi Jim,
They sold the car in mid December, but only admitted selling it when I demanded the car back at the end of January. They still had it listed yesterday!
I didn't sign any transfer papers, but as it was sold to an interstate buyer, I have since discovered they didn't need them. I've spoken to the new buyer, he seems to have bought the car in good faith and paid for it in full. He's a fellow Porsche enthusiast so I'd rather go for the people who have ripped me off than an innocent 3rd party. He also has a dispute with them, so I'm going to let him join my action against them.
I’m trying to stay fairly positive about the whole thing, I wanted the money to help pay some of the enormous mortgage off and this year’s outrageous childcare fees, but other than this financial set back, life is pretty good.
Saying that I'm still going to pursue them through the Courts, the company and the individuals involved and there is also likely to be criminal charges against at least two of the employees, so I can’t say too much about the details.
David P
They sold the car in mid December, but only admitted selling it when I demanded the car back at the end of January. They still had it listed yesterday!
I didn't sign any transfer papers, but as it was sold to an interstate buyer, I have since discovered they didn't need them. I've spoken to the new buyer, he seems to have bought the car in good faith and paid for it in full. He's a fellow Porsche enthusiast so I'd rather go for the people who have ripped me off than an innocent 3rd party. He also has a dispute with them, so I'm going to let him join my action against them.
I’m trying to stay fairly positive about the whole thing, I wanted the money to help pay some of the enormous mortgage off and this year’s outrageous childcare fees, but other than this financial set back, life is pretty good.
Saying that I'm still going to pursue them through the Courts, the company and the individuals involved and there is also likely to be criminal charges against at least two of the employees, so I can’t say too much about the details.
David P
03-14-2008, 06:10 AM
#9
Instructor
Thread Starter
Join Date: Jan 2005
Location: Melbourne, Australia
Posts: 249
Likes: 0
Received 0 Likes
on
0 Posts
I've just been to the creditors meeting. The liquidator has over 1 million in debts and -$100 of assets. I don't think I'm going to get anything from the liquidator.
There are around 30 other people in a similar position. Its unbelievable that they have been trading for 2.5 years without a licence. The Victorian Consumer Affairs bdy knew about them, had a file, but didn't actually do anything.
The only "good news" is one of the people they have ripped off is in the police. They are trying to get the fraud squad to investigate so we can get criminal charges against them.
If you come across a Brendan Wright or a Simon ***, ask them if they worked at Prestige Motor Auctions in Melbourne and wish them a really long and unhappy time in prision.
David P
There are around 30 other people in a similar position. Its unbelievable that they have been trading for 2.5 years without a licence. The Victorian Consumer Affairs bdy knew about them, had a file, but didn't actually do anything.
The only "good news" is one of the people they have ripped off is in the police. They are trying to get the fraud squad to investigate so we can get criminal charges against them.
If you come across a Brendan Wright or a Simon ***, ask them if they worked at Prestige Motor Auctions in Melbourne and wish them a really long and unhappy time in prision.
David P
03-14-2008, 12:13 PM
#10
Racer
David,
You mentioned that they were not registered - do you mean they were not a LMCT?
Was involved in a similar "problem" a few years back - but the seller was a registered LMCT - the purchaser had to give the car back to the seller (the owner who left the car with the dealer) and then the purchaser was able to claim on the "fund" for compensation - and he got paid buy the fund. I think the way it works is that a person who purchases from a LMCT is guaranteed good title. Not sure how that can help you
You mentioned that they were not registered - do you mean they were not a LMCT?
Was involved in a similar "problem" a few years back - but the seller was a registered LMCT - the purchaser had to give the car back to the seller (the owner who left the car with the dealer) and then the purchaser was able to claim on the "fund" for compensation - and he got paid buy the fund. I think the way it works is that a person who purchases from a LMCT is guaranteed good title. Not sure how that can help you
03-14-2008, 08:08 PM
#11
Racer
Join Date: May 2003
Posts: 252
Likes: 0
Received 0 Likes
on
0 Posts
David,
From memory (do a search on vic.gov.au site) you may be able to claim against the Motor Guarantee fund.
The issue that they are no longer registered as a LMCT could be a factor - I would pursue this possibly as a class action against the relevant Victorian regulatory authorities - as they where aware of the unlicensed or expired LMCT registration of this auto dealer.
I also recall some other Porsches in the showroom (993 TT, 996 3.6 C2).
Rgds,
ThunderC4S (John)
Melbourne Australia
From memory (do a search on vic.gov.au site) you may be able to claim against the Motor Guarantee fund.
The issue that they are no longer registered as a LMCT could be a factor - I would pursue this possibly as a class action against the relevant Victorian regulatory authorities - as they where aware of the unlicensed or expired LMCT registration of this auto dealer.
I also recall some other Porsches in the showroom (993 TT, 996 3.6 C2).
Rgds,
ThunderC4S (John)
Melbourne Australia
03-14-2008, 08:30 PM
#12
Instructor
Thread Starter
Join Date: Jan 2005
Location: Melbourne, Australia
Posts: 249
Likes: 0
Received 0 Likes
on
0 Posts
Hi John and Michael thanks for your support and suggestions,
Yes the claimed to be licenced motor trader but their application was rejected. I've put in a claim under the motor traders Guarantee fund yesterday. Section 76 of the Motor Car Trader's Act allows for claims where there was a reasonable belief that you were dealing with a licenced trader. I hear the fund only has limited funds and there is a cap on what you can claim. There are around $800,000 of claims from this case alone. Also the fund comes from licenced traders, who won't be happy about paying for this. So I'm not overly hopefully of a result from that.
The fact that they were rejected for a motor trader's licence and consumer affairs knew they were still trading in cars is unimpressive to say the least. A class action agaist a government body could be expensive and drawn out.
David P
Yes the claimed to be licenced motor trader but their application was rejected. I've put in a claim under the motor traders Guarantee fund yesterday. Section 76 of the Motor Car Trader's Act allows for claims where there was a reasonable belief that you were dealing with a licenced trader. I hear the fund only has limited funds and there is a cap on what you can claim. There are around $800,000 of claims from this case alone. Also the fund comes from licenced traders, who won't be happy about paying for this. So I'm not overly hopefully of a result from that.
The fact that they were rejected for a motor trader's licence and consumer affairs knew they were still trading in cars is unimpressive to say the least. A class action agaist a government body could be expensive and drawn out.
David P
06-17-2008, 08:05 AM
#14
Instructor
Thread Starter
Join Date: Jan 2005
Location: Melbourne, Australia
Posts: 249
Likes: 0
Received 0 Likes
on
0 Posts
I haven't heard yet., so I've just lodged a notice under section 71 of the Motor Car Traders Act with them, so they have to provide reasons for their determination.
Things about about to get very interesting for Mr Brendan Wright...
06-18-2008, 04:53 AM
#15
Instructor
Hi David,
I just read what happened to you and my heart sank.
I'm selling my car at the moment and considered a 3rd party to sell it, but not now.
I hope it works out for you, and remember, scumbags usually get what they deserve in the end, and hopefully that's what these criminals will get when they're in jail.
I just read what happened to you and my heart sank.
I'm selling my car at the moment and considered a 3rd party to sell it, but not now.
I hope it works out for you, and remember, scumbags usually get what they deserve in the end, and hopefully that's what these criminals will get when they're in jail.