A retired film producer who bought what he thought was an authentic 1964 AC Cobra is suing the DVLA after it said the car no longer had historic status.
Julian Seddon had forked out £250,000 for the car but lost £150,000 when he sold it because the DVLA claimed that it was a mix of “old and new parts” built in 2002.
The 75-year-old, believes the DVLA was negligent in failing to warn about its doubts before he bought the car in October 2014.
Barrister, John Black said Julian “would not have purchased the vehicle” had he known that its status as a historic vehicle was “liable to investigation”
He explained that the purchase of an AC Cobra was made in good faith, partly relying on the integrity of its V5C logbook.
The DVLA is reported to be fighting the case, disputing that the car’s logbook could be taken as hard proof of its age and provenance.
Its lawyers insist that the DVLA does not owe a duty of care to car buyers.