German billionaire Andreas Pohl is suing British specialist car dealer Coys of Kensington claiming he was misled about the condition of a Porsche 911 Carrera RS 2.7 that he paid £390,000 ($511,000) for.
Pohl, a renowned car collector, bought the desirable Porsche 911 without looking at it first after being told that it was in “very good” condition. Legal documents assert that Pohl was told the car was authentic and in its original condition but after taking delivery, claims to have discovered the sports car’s body had been rebuilt to a later model, featured replacement doors, had an aluminum rather than magnesium crankcase, electrical plug connections, reinforcing plates, and screw connections for safety belts.
Additionally, Pohl states that he has been unable to register the car because the brakes and axles are corroded and the steering system leaks. He claims the car is unsafe to be driven, The Telegraph reports.
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“In telephone conversations on 27 and 28 October 2018 between Mr (Michael) Haag, acting as the agent of the defendant [Coys], and Herr Wolf, acting as the agent of the claimant [Mr Pohl], the defendant further represented to the claimant that the condition of the car was ‘very good’,” the claim made in the High Court states. “Prior to the claimant’s purchase of the car the claimant, as the defendant knew, did not inspect the car or arrange for any inspection of the car… the claimant purchased the car in reliance upon and induced by the representations.”
After a report determined the car’s history and condition, Pohl demanded a refund with which he claims Coys agreed to but has so far yet to pay up. The businessman says he is entitled to his money back, or damages for misrepresentation, breaches of contract, and breaches of warranty.
Coys is expected to fight the claim and denies that it made any misrepresentations about the condition or character of the car, stating Pohl signed a declaration where he acknowledged the Porsche may have had parts replaced and that he had been given the opportunity to inspect the car. Coys also denies that it agreed to refund Pohl the cost of the vehicle.