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General Forum / Re: Value of found AC Bristol
« on: October 09, 2020, 18:44:06 »
Nik,
Am I missing something here? Yes. What am I missing here? ACOC register principles previously set out in ACtion.
The Club’s Continuous History, Continuity of Title and Replica principles are:
VIN and Title are two different things. VIN may well not be unique (see the Club’s registers at www.acownersclub.co.uk) and does not imply ownership (see www.gov.uk). Title concerns the ownership of an asset.
Any barn-find AC will be recognised as an AC provided it has been kept together as a vehicle since original completion; if, however, the find is parts discarded when the vehicle was rebuilt, the vehicle title and continuous history remain with the working vehicle. Anyone buying, for example, discarded components gets title to those components, but does not get title to the vehicle from which they were discarded.
Please ping me an email if you need any further info.
Robin
Am I missing something here? Yes. What am I missing here? ACOC register principles previously set out in ACtion.
The Club’s Continuous History, Continuity of Title and Replica principles are:
- Only ACs where there is no reasonable doubt as to continuous history are recorded as existing now
- A car has continuous history if it has been kept together as a vehicle since original completion
- A vehicle cannot have continuous history without continuity of title. If there is any doubt about continuous history the onus is on the owner or other interested party to demonstrate title continuity
- Any car built from parts originating from an AC, rather than a damaged complete car, is a Replica. If there is any doubt whether a vehicle has continuous history or is a Replica, the Club will class it as a Replica until the owner or other interested party demonstrates beyond reasonable doubt that it has continuous history.
VIN and Title are two different things. VIN may well not be unique (see the Club’s registers at www.acownersclub.co.uk) and does not imply ownership (see www.gov.uk). Title concerns the ownership of an asset.
Any barn-find AC will be recognised as an AC provided it has been kept together as a vehicle since original completion; if, however, the find is parts discarded when the vehicle was rebuilt, the vehicle title and continuous history remain with the working vehicle. Anyone buying, for example, discarded components gets title to those components, but does not get title to the vehicle from which they were discarded.
Please ping me an email if you need any further info.
Robin