Buying a car off eBay.. dealerships, ebay and you. - FMVperformance.com : The site for all your Ford Mazda and Volvo needs
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post #1 of 15 (permalink) Old 03-23-2008, 11:47 PM Thread Starter
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Buying a car off eBay.. dealerships, ebay and you.

http://www.m3post.com/forums/showthread.php?t=127993


From Autoblog.com
http://www.autoblog.com/2008/03/23/b...t-want-to-hon/

Quote:
Apparently all is not kosher in corn country. BMW of Lincoln, Nebraska posted an auction on eBay for a brand new M3 Sedan for $60,000. Perhaps they were hoping for the kind of eBay madness that would push the price to six figures (something other dealers are doing right on the show floor). If that's what they were after, well, they didn't get it. The car was won by a gentleman in California for the listed price: $60,000.

The problem is that the dealer doesn't want to give him the car. Not long after the auction ended, the winning bidder got a call from BMW of Nebraska telling him the auction was "a mistake," and that he couldn't have the car. In spite of the fact that the dealership changed the Buy It Now price twice -- and so was paying attention to the auction -- and eBay rules that make it clear that if someone wins the auction then you must complete the transaction, the buyer is still trying to get someone to give him the car he won at the winning bid price. Follow the link for the full story, and to you, Dooma350, good luck.


Spoiler for those reading the 33(right now) pages at m3post:
For those who are not here is the update:


Quote:
Sorry its taken so long to post a update. The site is very slow (understandably). This morning, BMW of Lincoln has agreed to sell me the car at a price of 60K, with certain conditions. I'll be going over the conditions with the dealership tommorow, and I hope to have everything finalized by tommorow afternoon.

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post #2 of 15 (permalink) Old 03-23-2008, 11:53 PM
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Re: Buying a car off eBay.. dealerships, ebay and you.

wow that is pretty ridiculous... I hope he gets it for that price

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post #3 of 15 (permalink) Old 03-24-2008, 01:06 AM
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Re: Buying a car off eBay.. dealerships, ebay and you.

wow, stupid ass dealership. i hope that guy gets it and the dealer gets fucked over for trying to do that



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post #4 of 15 (permalink) Old 03-24-2008, 01:11 AM
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Re: Buying a car off eBay.. dealerships, ebay and you.

I smell a lawsuit on the dealerships hands. They better give the car to the gentleman for the winning bid of $60k plus any other fees, or things are gonna get sketchy for them. Ebay auctions are legal binding contracts and when you click ok to lists than you have to honor everything you have in writing. The best thing for the dealership to do is just take a loss on the car and let it go for $60k. Gentleman = 1, Dealership = 0

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post #5 of 15 (permalink) Old 03-24-2008, 02:43 AM
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Re: Buying a car off eBay.. dealerships, ebay and you.

damn thats crazy, someone be sure to post the outcome here


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post #6 of 15 (permalink) Old 03-24-2008, 02:05 PM
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Guy wins eBay auction for 08 M3 for $60k, dealer refuses to sell

http://www.m3post.com/forums/showthread.php?t=127993

Quote:
This was originally being updated in another thread but I wanted to get some additional opinions so I am posting this here. Sorry if its the wrong section.

I’ve been looking to get an E90 M3 sedan, and was cruising ebay when I came upon this auction. Its for a Jerez Black sedan with FR interior, loaded with everything except extended leather.
The car advertises its title in CAPS “LOWEST PRICE ON EBAY”. The auction started at 60,000 and had a BUY IT NOW for 66926 K. NO RESERVE.

http://cgi.ebay.com/ebaymotors/ws/eB...ksid=p3907.m32


Jerez black on Fox red was not my first choice (I have a deposit for AW/Silver interior with DCT at a local dealer) but I was willing to live with it at a 60K price point, so I bid on it with the intention to pay if I won.
I wasn’t sure if I would win or not, but I went ahead and secured financing prior to the auction end so I could arrange immediate payment.
I ended up winning the auction with a bid of 60K (my max was 61K).

15 minutes after auction end, this guy Michael Barett (At BMW of Nebraska) calls and nervously tells me the auction was a “mistake”.
I reminded him of his contractual obligation to complete the transaction, to which he continues to reply “it was a mistake”, and refused to honor the deal.
He then offered to call his manager and confirm what they could do, but same response. When I pressed the issue and raised the possibility of legal action, this guy had the nerve to condescendingly laugh and say we are a multi-billion dollar company, ebay will definitely side with us.
I corrected Michael, and told him your company may have revenue in the millions, but you make 35K a year, screwed the pooch on this one so lets not get carried away.
But to make a long story short, he is refusing to honor the deal.

This morning (Mar 21, 2008) I left a message with the GM (Fil Catania - He didn’t pick up) to call me, so we will see what happens.

But this whole incident just stinks, and sets a bad example for ebay auto sales in general.
Can sellers, especially dealers (which you would think are held to a higher standard on ebay) just decide they don’t want to honor a price? I know not all dealers are like this, but its pretty unethical, on both sides to back out of an auto auction because you dont like th eprice.

Im convinced this dealer went into this auction intentionally setting a low price, with no reserve.
The title, 08 M3 LOWEST PRICE ON EBAY says it all and me thinks they were hoping to generate bids, which didn’t pan out.
Also, the pricepoint at which they started the auction, 60K is no small amount.....its not as if the auction started at 0.01 and ended there, it started at 60K.
Obviously, they set it to attract serious buyers with the money to complete the transaction.

In this case, this dealer wasn’t happy with the ending price, a 7K difference from his BUY IT NOW (which he adjusted twice, so I assume they watched this auction). Had the auction ended at 64K, would they have still refused?
But I know had the auction ended at 90K, and I refused to pay, Im sure their lawyers would be all over me.
Not sure what Im going to do, but part of me feels I should pursue this on principle alone. But at the same time, I dont want to get too worked up, as these things might drag out, take time/money and make it a negative experience overall. I want to be happy getting a new M3 like some of the others on the board, ya know?

Anyone ever experience anything like this on ebay?
Please feel free to chime in.
:shock:

sheisty! discuss.

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post #7 of 15 (permalink) Old 03-24-2008, 02:08 PM
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Re: Guy wins eBay auction for 08 M3 for $60k, dealer refuses to sell

lol, inanet n00bs! looks like they'll be losing this one...too bad all the press they are getting is bad, otherwise it'd be some cheap advertising...

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post #8 of 15 (permalink) Old 03-24-2008, 02:09 PM
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Re: Guy wins eBay auction for 08 M3 for $60k, dealer refuses to sell

the guy should take them to court and the guy should now get the car for free for the troubles.



dumb people


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post #9 of 15 (permalink) Old 03-24-2008, 02:11 PM
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Re: Guy wins eBay auction for 08 M3 for $60k, dealer refuses to sell

repost

LMFAO "oh i thought i didn't need that" i bet in your head you were like "go kick your mom in the ass for me when you get home " 08mazda2.0
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post #10 of 15 (permalink) Old 03-24-2008, 02:14 PM
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Re: Guy wins eBay auction for 08 M3 for $60k, dealer refuses to sell

^ where? I posted a link in the RCT but I didn't see it anywhere else.

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