My Lambo got crashed and my Ferrari was stolen on the same day

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I need $5,000 to have it back I said you mean you want me to pay you for the return of my stolen property said yep that's the only way I can give it back to you [Music] I had a customer who had rented my car several times in fact he was an ex Atlanta police officer and he rented the Guyardo a few times so he wanted to rent that again but in addition he wanted to rent my Ferrari 612 Scaglietti so that his friend could have something to drive around while he was in town and so about I'd say it was on a Wednesday or Thursday they picked up both cars and began paying for the the rentals and gave us a credit card we verified the insurance and went through all the normal steps over the next few days they kept renewing the rental saying we're having so much fun we want to keep it and I'm continuing to make a good deal of money running the cars out and I've got a you know good customer in them so I'm pleased with all that but around Monday I stopped hearing back from them and I began telling them well it's time to either turn the cars back in or pay us for another day and they wouldn't answer and so I believe it was Tuesday night I was out at my bachelor party because that Saturday I was getting married and so we were out racing go-karts and having a good dinner and I got a phone call and it was peculiar there was a woman on the other end of the phone and she said my husband is the guy who bought your Ferrari today but we've decided we don't want it in fact we'd like the BMW we gave you in the $15,000 in cash as a down payment back and we'd like to undo this whole deal and I said well ma'am literally every part of that sentence is a problem and fundamentally incorrect because I didn't sell your husband my car and whoever did was not authorized to do so and she said well he's told us that he was one of your employees and he worked for this rental car company and so well that's absolutely not the case and she proceeded to tell me that well I'm a lawyer and possession is nine-tenths of the law I said ma'am it's a rental car so possession is literally zero tenths of the law and by saying that I highly doubt you're actually a lawyer but I'll need you to return to me this stolen property and understand that the police will very soon be going to find it so she got upset hung up the and I had to return to try to enjoy what was left in my bachelor party before spending the next day and then it's several days trying to work this all out so I tried to contact the rental customer again no answer and I go on to track the cars and I see that the Lamborghini is in a parking lot in Midtown so I take the other key go to midtown find that the car has had the front knocked off of it and say well we found it at least and so the next day I had a tow truck take it to my preferred body shop and begin the process of repairs and we filed a claim with this insurance company still he wouldn't answer the phone and we could not find the Ferrari because the battery had gone dead because like many of the Ferraris I've owned the 612 was one of these cars that if you don't drive it every day or every two or three days the battery will be dead next time you return to it and so the tracking device was not functioning because the capacitance had worn out and I had no idea where to find it but I'd continue to have a little bit of luck getting in touch with this woman who was still not understanding that I didn't have her BMW or the money or access to the customer but that she did absolutely have a car that was stolen I came to find out that this is called deft by conversion meaning that you had the privilege of use of this car but that you converted it into use that you were not permitted so selling it was something that a rental customer was not allowed to do so in converting it to a asset that they made for sale that is the theft now the problem is when you know who has your stolen property the police don't do a very good job of trying to find out where it is they seem to think that you'll go about finding it or that it's not the same thing as throwing out an APB and having everybody find it or at least everyone try because we had I had delivered the car in one County and a few miles over in the next County is where the car was being used and they were still occasionally driving it around because I'd see the tracking device work and it would be at the valet lot of some restaurant or a mall or anything like that but I could never get there in time to take my other key and repossess the car so I had spoken to the police they said well yeah we see it but the you know you've reported it stolen in your County and it's here so we don't have a system that allows us to just understand every car that's stolen in the world it seems like a market failure and something someone should explore but they were very very useless at the time so I continue trying to express to this woman exactly the gravity of the situation for her but she continues to be unwilling to return the car so my groomsmen and I were all going around we've got the rehearsal dinner coming up and everything's happening and even as we led up to it I still couldn't get in touch with the rental customer but on Friday literally the day before my wedding I was finally able to talk to him and I met him at a Waffle House of all places he for some reason had convinced himself that I might be pleased that he had sold this car even though he had not specified a term of the loan any interest terms a selling price or anything other than the fact that he had taken this guy's being W taken $15,000 in cash as a down payment and agreed to some sort of payment schedule additional unfortunate news is that he didn't have a phone number and address an email address or literally anything other than that the guy went by lucky so he was a very little use trying to get us the car back even once he realized that he had made such a mistake and so the police were starting to question him and trying to figure out things but they weren't moving at all quickly and I had my wedding the next day and then I was leaving on my honeymoon the day after and so the whole morning of our wedding I'm constantly on the phone we're trying to take photographs with the bridal party and everything like that and I just can't I'm you know literally I cannot afford to have this go any way other than perfectly and the reason for that is that the most difficult thing about setting up an exotic car rental company is managing the insurance and trying to get an exotic car rental insurance policy is nearly impossible and keeping it is also pretty much impossible particularly if you ever file a claim because even though the insurance is legitimate and it's in place and it will pay out a claim the accepted understanding on all parties is that if file a claim you will not be invited to renew the policy and so while I could probably get the insurance company to pay for the theft I would be invited not to renew and so all the other car payments that I would need to make would not be possible because I would be out of business so it was a very much a rock in a hard place situation and as you'd imagine my new bride and her family and everybody else around the circumstance is pretty worried for me because they understand that this is a tremendous amount of money at risk and all the cars are completely financed it's not as though I own them and can just lose the money it would be a long-term debt situation to try to recover in the event that things did not go so well so we go through the wedding and I'm wandering out all the time what do I do if my phone rings during the ceremony do I answer I mean certainly I can't afford not to but that seems like a bad decision and fortunately that didn't happen or I suppose unfortunately because the next morning I still have made no progress I called my lawyer and I said look I've got to leave this in your hands there's nothing else that I can do but please please please have my car by the time I get back from this week-long honeymoon in st. Lucia and so he says he's on it and I'm literally texting with Lucky's wife trying to express to her the significance of the situation and the importance that she returns said stolen property as we're taking off from the airport so somehow I did manage to enjoy our honeymoon without too much stress and anxiety but it was certainly there in the background and when I got back I got back in touch with lucky finally I convinced his wife to have lucky call me and lucky said I've still got your car I understand sort of what's happened but I need $5,000 to have it back I said you mean you want me to pay you for the return of my stolen property said yep that's the only way I can give it back to you I said well let me see what I can do so I called the police officers that were in charge of the case and I explained to them what had happened they said well do you want to pay $5,000 and I said well I mean $5,000 at this moment particularly at the prospect of everything else that I'm gonna have to spend is a little bit daunting they said we'll ask if you'll take a check I said are you insinuating that I should stop an unsaid check and therefore bounced a check to someone for $5,000 because I believe that's a felony they said yeah yeah but don't worry about it it's okay it'll all be fine so well okay so call him back lucky was happy to take a check Lucky's got a bank account so go to meet lucky where he's told me the car is and so we go to this parking lot in downtown Atlanta and the car is obviously completely dead so I've got to call a tow truck to come and get it and because you really don't want to be jumping off a Ferrari ever and certainly not in that circumstance where you know the battery's been drained and even the alternators questionable so I get the truck headed the wet headed that way and you know at the time lucky and I are talking he's hanging out he has a friend actually drive up in this seafoam green atrocious Maserati Quattroporte day and the paint which had obviously been a repaint was falling off in chunks and so he was asking me for advice on what body shop he might use so I made a great recommendation to him I don't know if he ever took me up on it then we parted ways I followed the tow truck home lucky went away with the check so as I'm headed home predictably I get a phone call from the bank they say hey we've got this cheque and it looks a little bit suspicious and the guy looks a little bit suspicious and so we just really want to know what's going on it said yes that's an extortion payment for the return of stolen property please don't honor it there should be a stop payment in your system oh great thank you so much mister boland I hope you have a great day well it hasn't started out that way but it is what it is so we make it back to my warehouse and go on about trying to get the car charged back up and evaluating the state of things and fortunately it was in pretty good condition a little work we a curb damage on a wheel and a scratch in the clear bra but nothing to be too terribly concerned about but a few minutes later lucky shows up his wife I guess had found our address and even though we generally delivered cars to customers that didn't have a whole lot of customers here he came to the warehouse to express his displeasure with the fact that he had not received his $5,000 I explained to him that's a felony what you've done is extort payment for the return of stolen property and I'm not interested in participating in that what will be best is if we part ways and never speak of this again I've never seen or heard from lucky or that customer since then but it definitely a very very dramatic week in my life where the Ferrari got stolen and the Lamborghini got crashed as a luxury an exotic brand dealer you know the challenge of putting the right price tag on perfection RIT's garage places you directly in touch with our qualified network of new and used dealers with the no auction fees RIT's garage premium cars premium dealers without premium fees
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Channel: VINwiki
Views: 1,587,715
Rating: 4.8768797 out of 5
Keywords: Ferrari, 612, Lamborghini, Gallardo, Exotic Car Rental, Ferrari Rental, Car Crash, Lamborghini Crash, Ferrari Stolen, Auto theft, Ferrari Fail, Extortion, VINwiki, Car Stories, Atlanta, Negotiation, Wedding, Honeymoon, Lamborghini Gallardo, Ferrari 612, Ed Bolian
Id: YOW13pE8RmA
Channel Id: undefined
Length: 11min 49sec (709 seconds)
Published: Fri Aug 11 2017
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