Seinfeld sues car dealer over allegedly fake $1.54 million Porsche

Jerry Seinfeld Porsche

American comedian and actor Jerry Seinfeld has filed a lawsuit against a classic car dealer accusing that it sold him a Porsche with a fake backstory that he was alleged of flipping to another collector under bogus pretexts.

The “Comedians in Cars Getting Coffee” star bought the 1958 356 A 1500 GS/GT from European Collectibles located in Costa Mesa, California, for $1.2 million in 2013, after being told it was entirely original and the only one produced in Auratium Green with a black interior.

Seinfeld then resold the vehicle at a Gooding and Company auction in 2016 for $1.54 million to Channel Islands-based Fica Frio Limited, who submitted suit against Seinfeld on February 1 looking to force him to purchase the car back and pay damages after it found the car wasn’t authentic.

The Fica Frio complaint states that Seinfeld verbally agreed to buy back the Porsche and cover all expenses after the matter was presented to him last June, but failed to do as soon as it was required. Seinfeld’s action against European Collectibles seeks to hold it accountable for any costs that he is found to be accountable for.

“Jerry has no liability in this matter, but he wants to do the right thing, and is therefore bringing this action to hold European Collectibles accountable for its own certification of authenticity, and to allow the court to decide the outcome,” stated Seinfeld’s lawyer, Orin Snyder, according to The New York Post.

European Collectibles has not yet discussed the lawsuit.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.