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 18Likes
06-27-2017, 08:51 AM
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Senior Club Cobra Member
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Join Date: Jul 2000
Location: Chilliwack,BC,
BC
Cobra Make, Engine: F5 Roadster
Posts: 1,422
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Not Ranked
11 grand gone, no kit delivered
Its been 14 months since I ordered a kit from Ryan, doesn't answer his phone or email. This the 1st time in 35 years that a car guy has ripped me off.
Perry
__________________
F5 cobra Mark 4 roadster, **SOLD** Ruby Wine Red with pearl,
dual 2" roll bars, warmed up 302, Edelbrock AVS carb and heads, E Street aluminum Heads, Comp cam and roller rockers, AOD, 4.10 Eaton Posi, Power Baer/disc brakes, block hugger headers, 2 1/2" under car exhaust, F500 18" black spoke wheels.
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06-27-2017, 09:13 AM
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Senior Club Cobra Member
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Join Date: Mar 2005
Location: Manchester,
NH
Cobra Make, Engine: AK1085 (302 Street), HTM111 (427 Comp), CSX2375R (289 Comp) and COB5999 (427 S/C)
Posts: 19,008
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Not Ranked
Sorry to hear this, hope something goes your way.....
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06-27-2017, 09:18 AM
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Senior Club Cobra Member
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Join Date: Dec 2001
Location: Shasta Lake,
CA
Cobra Make, Engine:
Posts: 26,596
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Not Ranked
Wow, that is to bad and will give a lot of people a bad name. I hope that you can get in touch with him and recover your money.
Ron
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06-27-2017, 10:35 AM
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CC Member
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Join Date: Feb 2014
Location: White City,
SK
Cobra Make, Engine: West Coast, 460 CID
Posts: 2,908
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Not Ranked
Quote:
Originally Posted by HighPlainsDrifter
Its been 14 months since I ordered a kit from Ryan, doesn't answer his phone or email. This the 1st time in 35 years that a car guy has ripped me off.
Perry |
PM sent.
__________________
Brian
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06-27-2017, 11:38 AM
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CC Member
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Join Date: Mar 2006
Location: San Marcos california,
CA
Cobra Make, Engine: 1989 KCC from South Africa Right Hand Drive
Posts: 1,601
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Not Ranked
Who's Ryan ?
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06-27-2017, 12:19 PM
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Senior Club Cobra Member
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Join Date: Jul 2000
Location: Chilliwack,BC,
BC
Cobra Make, Engine: F5 Roadster
Posts: 1,422
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Not Ranked
Ryans customs
Ryan Martens bought the rights to classic roadsters and set up business in Regina.
I have gone to the local police but they say its a civil matter and I have to sue him in court.
I'm putting this on the forum so nobody else gets their money taken.
Perry
__________________
F5 cobra Mark 4 roadster, **SOLD** Ruby Wine Red with pearl,
dual 2" roll bars, warmed up 302, Edelbrock AVS carb and heads, E Street aluminum Heads, Comp cam and roller rockers, AOD, 4.10 Eaton Posi, Power Baer/disc brakes, block hugger headers, 2 1/2" under car exhaust, F500 18" black spoke wheels.
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06-27-2017, 01:43 PM
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CC Member
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Join Date: Jan 2009
Location: Las Vegas,
NV
Cobra Make, Engine: Shelby CSX4005LA, Roush 427IR
Posts: 5,584
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Neutral
Good luck on getting blood out of this stone. The guy was doomed to fail from the start, it's just too bad other fine folks got pulled into his fantasy.
__________________
Cheers,
Tony
CSX4005LA
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06-27-2017, 04:43 PM
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CC Member
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Join Date: Aug 2010
Location: San Antonio Valley Ca,
ca
Cobra Make, Engine:
Posts: 1,275
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Not Ranked
For 11k I would have knocked on his door a long time ago. Sometimes all it takes is a little nose to nose to set things straight. Ask Ron61 about how his Daytona sat at a guys place for 5 years and how easy it was to go and get it.
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06-28-2017, 10:43 AM
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CC Member
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Join Date: Feb 2014
Location: White City,
SK
Cobra Make, Engine: West Coast, 460 CID
Posts: 2,908
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Not Ranked
Quote:
Originally Posted by HighPlainsDrifter
Ryan Martens bought the rights to classic roadsters and set up business in Regina.
I have gone to the local police but they say its a civil matter and I have to sue him in court.
I'm putting this on the forum so nobody else gets their money taken.
Perry
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I'm somewhat surprised they'd take the view this is a civil matter. It seems to me this looks like fraud - and that's a Criminal Code matter.
Ref: Criminal Code
__________________
Brian
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06-28-2017, 08:46 PM
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CC Member
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Join Date: Oct 2016
Location: Bremerton,
wa
Cobra Make, Engine: Classic Roadsters
Posts: 203
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Not Ranked
No kidding, that really sucks. Isn't anything over 5K a felony? maybe not up there.
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07-02-2017, 10:17 AM
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CC Member/Contributor
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Join Date: Sep 2016
Location: (Beautiful) Sequim,
WA
Cobra Make, Engine: Pacific Roadster, 347 cu.in. 5-speed
Posts: 2,001
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Not Ranked
I too am so sorry to hear this, and as far as this piece of s--t being a car guy, he isn't, never heard a true car guy every ripping anyone off.
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07-02-2017, 10:31 AM
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CC Member
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Join Date: Jan 2008
Location: Williamsport,
PA
Cobra Make, Engine: Kellison Stallion 468 FE
Posts: 2,703
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Not Ranked
a visit at 2 o'clock in the morning should send the message...
__________________
Fred B
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07-02-2017, 10:55 AM
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CC Member
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Join Date: Feb 2006
Location: Thousand Oaks,
CA
Cobra Make, Engine: Classic Roadster
Posts: 1,367
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Not Ranked
Perry,
I'm sure you got your monies worth in aggravation and frustration. Now you get to be confrontational and fight to save face. You can probably spend at least another $11K try to recover your first $11K. Not likely you will come out whole. Good on you to warn others. I wish you the best and hope you can get past it.
John
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07-02-2017, 12:36 PM
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CC Member
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Join Date: May 2006
Location: St. Louisville,
Oh
Cobra Make, Engine: A&C 67 427 cobra SB
Posts: 2,445
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Not Ranked
I understand that there are a lot of people out there in the world who want to do this or that, but never seem to plan and and never manage to come up with the money. If you sell them something, they may never come back with the money and actually complete the sale. So I understand a manufacturer wanting to know that they are dealing with a real sale.
What I do not and never will understand is how this industry continues to operate on a give me all the money (or at least half), and maybe I will build your car, when I get around to it, plan. I'm pretty sure operating this way leads good people into temptations that are risky to say the least. Often times your money goes to building someone else car and they have to sell two more to get the money to build yours.
It would seem to me to be a fair and equitable model to put 110% of the money to build your car into an escrow account, managed by a 3rd uninterested party. As the car is built and the builder proves the progress made, the money is released at mile stones that were negotiated up front. This was once typical with home builders.
Perhaps some of the builders are doing exactly what I am saying, but when I was looking 10 year ago, none would even consider my proposal.
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07-02-2017, 03:12 PM
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CC Member
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Join Date: Feb 2006
Location: Gilroy,
CA
Cobra Make, Engine: SPF 2291, Whipple Blown & Injected 4V ModMotor
Posts: 2,726
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Not Ranked
My experience was different because I could go to the SPF dealer pick out the roller I wanted pay the money and take it home. When you get into a custom build, then the escrow account, milestones and progress payments are pretty much the normal way two strangers approach this type of a transaction — olddog nailed it!
Can you imagine what you would hear if you went to a custom builder, told him you wanted one of his cars and you wanted to drive it for a year before you paid him because you needed to be sure it was as he described it?? Yup, he wold have unkind words for you and you should have the same words for a custom project you are required to pay for up front on.
Caveat Emptor ...
Ed
__________________
Help them do what they would have done if they had known what they could do.
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07-03-2017, 08:20 AM
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CC Member
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Join Date: Sep 2002
Location: Milwaukee,
Wi
Cobra Make, Engine: Classic Roadsters, 95 EFI 5.0
Posts: 297
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Not Ranked
I remember when the guy was asking for someone to send up their car because he needed a frame (as all he had where the bodies /body molds) and he would return a completed cobra in return...
The offer was tempting and when I called to talk to him about it, I mentioned to him about using a escrow account where he would put some $$$ until I got the car back. He went on and on about this and that and how his wife was in the police force.... It smelt a little fishy to me. Then someone else offered their kit.
He later was asking for a radiator hoop as the mentioned kit didn't have one. Talking on the phone I offered to send him dimensions of the one I had... He started to going on how he had a quarter million operation held up because I needed a radiator hoop AND his welder/fabricator could not create one off of measurements and needed a physical one… A radiator hoop is pretty simple thing to rig up all things considered. That was a red flag for me…
Looking back I wished I threw the flag into the forum but by that time people had started coming about lack of response for this guy.
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07-03-2017, 11:09 AM
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CC Member
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Join Date: Jan 2005
Location: Hillsboro,
OR
Cobra Make, Engine: Scratch built CSX style frame, Carbon fiber body, 393 Stroker, T-bird IRS, T5
Posts: 1,623
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Neutral
Have you hired a lawyer yet?
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07-03-2017, 11:52 AM
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Senior Club Cobra Member
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Join Date: Jul 2000
Location: Chilliwack,BC,
BC
Cobra Make, Engine: F5 Roadster
Posts: 1,422
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Not Ranked
Refund
Hi,
I just heard that there may be a buyer for the company and if it goes through I should get a refund........so I will give him a bit more time before I start legal procedure. 
__________________
F5 cobra Mark 4 roadster, **SOLD** Ruby Wine Red with pearl,
dual 2" roll bars, warmed up 302, Edelbrock AVS carb and heads, E Street aluminum Heads, Comp cam and roller rockers, AOD, 4.10 Eaton Posi, Power Baer/disc brakes, block hugger headers, 2 1/2" under car exhaust, F500 18" black spoke wheels.
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07-03-2017, 12:39 PM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 22,005
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Not Ranked
Quote:
Originally Posted by HighPlainsDrifter
Hi,
I just heard that there may be a buyer for the company and if it goes through I should get a refund........so I will give him a bit more time before I start legal procedure. |
That's a mistake. You, and your lawyers, should make yourselves, and your claim, known before the transaction takes place. |
07-03-2017, 12:55 PM
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CC Member
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Join Date: Jan 2005
Location: Hillsboro,
OR
Cobra Make, Engine: Scratch built CSX style frame, Carbon fiber body, 393 Stroker, T-bird IRS, T5
Posts: 1,623
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Not Ranked
Quote:
Originally Posted by patrickt
That's a mistake. You, and your lawyers, should make yourselves, and your claim, known before the transaction takes place. |
Absolutely correct. In the event of a sale, legal liens and claims against the company are first in line to be paid. Get a lien filed against the company as soon as possible so it is registered during the legal proceedings of the sale. Don't rely on hearsay to get your money back. Talk to a lawyer ASAP.
Bob |
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