Too Good... - BMW Forum - BimmerWerkz.com
BMW Forum BMW Forum

Auto Insurance

» Featured Product
Wheel & Tire Center

Go Back   BMW Forum - BimmerWerkz.com > BMW Model Specific Forums > M-Series (M1, M3, M5, M6)
Register Home Forum Active Topics Gallery / Showroom Auto Loans Garage Search Today's Posts Mark Forums Read Auto EscrowInsurance

M-Series (M1, M3, M5, M6) General M-Series Discussion - If it does not fit into a more specific M Category above, please place it in here. In addition, previously archived M-Series discussion is located in this section.

BimmerWerkz.com is the premier BMW Forum on the internet. Registered Users do not see the above ads.
Reply
 
LinkBack Thread Tools Display Modes
Old 06-09-2004, 04:08 PM   #1 (permalink)
n00b
 
seelinger's Avatar
 
Join Date: Jun 2004
Car:
Posts: 31
Photos:
seelinger is an unknown quantity at this point
check this out - 2001 BMW M3 for $31100.00 !?!? Sounds too good to be true...

BMW M3 for Low $$

What do you all think? Something fishy here?
seelinger is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old 06-09-2004, 04:29 PM   #2 (permalink)
5th Gear Member
 
KingScare's Avatar
 
Join Date: Oct 2003
Location: Montreal
Car: 98 M3
Posts: 1,035
Photos:
KingScare is an unknown quantity at this point
Send a message via MSN to KingScare
No broad shot of the back....

RAISE THE RED FLAG !!! SOMETHINGS UP!!!


(that means I have no idea)
KingScare is offline   Reply With Quote
Old 06-09-2004, 04:42 PM   #3 (permalink)
n00b
 
seelinger's Avatar
 
Join Date: Jun 2004
Car:
Posts: 31
Photos:
seelinger is an unknown quantity at this point
He said it had "no engine or body problems" - however he neglected, and I forgot to ask, if there were electrical issues, (electrical issues suck).

"If it's too good to be true - it probably is"

Damn - I'm jonesing for an M3.
seelinger is offline   Reply With Quote
Old 06-09-2004, 04:44 PM   #4 (permalink)
You Can Has A Custom Title!!
 
Slvr e39's Avatar
 
Join Date: Nov 2003
Location: Saratoga, CA
Car: Dinan Stg 1 M3
Posts: 3,867
Photos:
Slvr e39 has a reputation beyond reputeSlvr e39 has a reputation beyond reputeSlvr e39 has a reputation beyond reputeSlvr e39 has a reputation beyond reputeSlvr e39 has a reputation beyond reputeSlvr e39 has a reputation beyond reputeSlvr e39 has a reputation beyond reputeSlvr e39 has a reputation beyond reputeSlvr e39 has a reputation beyond reputeSlvr e39 has a reputation beyond reputeSlvr e39 has a reputation beyond repute
Send a message via AIM to Slvr e39
Hmmm..... a 2002 M3 convertable in SMG, for $31,100.....KBB said $51,070 so it does sound a little weird...If you want to bid for that car, I would reccommend actually seeing it before buying it....Maybe even drive it first.
__________________
Dinan Stg 2 Phoenix Yellow M3
Slvr e39 is offline   Reply With Quote
Old 06-09-2004, 08:03 PM   #5 (permalink)
1st Gear Member
 
Join Date: Jun 2004
Car:
Posts: 124
Photos:
gpoints is an unknown quantity at this point
When I was looking to buy my M, I found alot of these. They were frauds where the guy was saying the car was "perfect" but it was located in "fill in european country here"...

The sellers even recommended we use a escrow company for "safety". When I did a search on the escrow company, I found that it was also a fraudulent front.

Just sharing me experience, hope it helps
gpoints is offline   Reply With Quote
Old 06-09-2004, 08:05 PM   #6 (permalink)
5th Gear Member
 
TMac325is's Avatar
 
Join Date: Apr 2004
Location: Severna Park, Maryland
Car:
Posts: 1,090
Photos:
TMac325is is an unknown quantity at this point
Send a message via AIM to TMac325is
its a scam im sure
__________________

<span style='font-family:Arial'><span style='font-size:14pt;line-height:100%'>T-Mac</span>
95' BMW 325is Jet Black, 5 speed
Xtec 6000k HID kit, DDE Enhanced, Euro Ellipsoids, M3 Front Bumper, Color-matched rear,
Alpine Mp3/CD, 20% tint, M3 Contour Rims, Smoked Corners, front lip
Clear Side markers, K&amp;N Performance Filter, Debaffle, Color-matched side skirts</span>
TMac325is is offline   Reply With Quote
Old 06-10-2004, 09:46 AM   #7 (permalink)
Super Moderator
 
dutchbmw's Avatar
 
Join Date: Dec 2003
Location: SW Minnesota
Car:
Posts: 5,370
Photos:
dutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond repute
Send a message via AIM to dutchbmw
Why u guys so suspicious, there still 6 days to go. used
__________________
BMW '96 M3 (SOLD)
June 2005 Car Of The Month!
Quote:
Originally Posted by Torque
I was just dropped off here by aliens one day. They got bored with me.
dutchbmw is offline   Reply With Quote
Old 06-10-2004, 10:42 AM   #8 (permalink)
n00b
 
seelinger's Avatar
 
Join Date: Jun 2004
Car:
Posts: 31
Photos:
seelinger is an unknown quantity at this point
It's suspicious because the auction ad states "you can buy it now for $ 31100.00" which is about $ 20000.00 less than blue book. Unless he got the car for free he would be losing money.

And as qpoints stated above - sometimes the sellers of these cars use a fradulent escrow compnay to steal your down payment when the auction ends.

If it were a dealer it may be a different story. By the way - the seller never returned any of my emails inquiring about the car. I think it is too good to be true.
seelinger is offline   Reply With Quote
Old 06-10-2004, 11:19 AM   #9 (permalink)
Super Moderator
 
dutchbmw's Avatar
 
Join Date: Dec 2003
Location: SW Minnesota
Car:
Posts: 5,370
Photos:
dutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond reputedutchbmw has a reputation beyond repute
Send a message via AIM to dutchbmw
Ok, you're right. I missed that sentence
__________________
BMW '96 M3 (SOLD)
June 2005 Car Of The Month!
Quote:
Originally Posted by Torque
I was just dropped off here by aliens one day. They got bored with me.
dutchbmw is offline   Reply With Quote
Old 06-11-2004, 07:53 AM   #10 (permalink)
n00b
 
seelinger's Avatar
 
Join Date: Jun 2004
Car:
Posts: 31
Photos:
seelinger is an unknown quantity at this point
I finally received a reply from the person who is seling the M3. He did not answer my questions directly but instead sent the following "form" letter. He expects the money to be wired to his bank account and THEN he sends me the car - yeah, right.

Quote:
Hello, first of all I want to thank you for your
interest in my 2002 BMW M3 Cabrio.
I offer this great car for $31100US.

The car is like new, completely working, 17650 miles ,
2002 model. As you know, BMW is not japanese
engineering. 17650 miles means nothing for such car.
This vehicle is a US model - US specs and passed the
US test emissions. All manuals and the original
documentation are written in eight languages. You will
receive the car in 7-10 working days by FedEx Freight
International at your home address. It's insured in
case of damage and it takes 7-10 days (depending on
location) to be delivered.
The title is clear and i'll provide the bill of sale
for this transaction. The car will be marked as "gift"
with the shipping company so you don't have to pay any
additional taxes. I'll send you the car with all the
papers (title, insurance etc. ...).

The shipping costs and the insurance taxes of the
package will be down to me and you only pay for the
money transfer commission when you wire the funds,
which is about 4% from the total amount sent. The unit
is being shipped from Athens, Greece and you wont have
to pay for customs or any additional taxes when it
arrives due its shipped as gift/donation.

The payment is fully refundable - if the car has
scratches, hidden defects, or it's not as advertised.
In case of that, i'll cover the shipping back to my
location.
I'm sure you'll love this car. It's a state of the art
vehicle that works and looks perfectly. Lots of power
and torque.

Please let me know if you're interested and I'll
provide you further info on how to purchase this car.
I look forward to hearing from you soon.

Sincerly,
Johnathan Faulkner
Papastratos Boulevard 10
Athens
Greece 17010
seelinger is offline   Reply With Quote
Old 06-11-2004, 08:12 AM   #11 (permalink)
n00b
 
Join Date: May 2004
Location: Virginia, USA
Car:
Posts: 17
Photos:
Dahboo is an unknown quantity at this point
Hmm... BS.
Dahboo is offline   Reply With Quote
Old 06-13-2004, 03:37 PM   #12 (permalink)
3rd Gear Member
 
mrogers's Avatar
 
Join Date: Feb 2004
Location: West Lafayette, IN
Car:
Posts: 552
Photos:
mrogers is an unknown quantity at this point
RUN AWAY. When I was buying, I encountered a guy just like that. Even if the huge price discrepancy doesn't make you wary, those canned letters should.

http://www.carbuyingtips.com/fraud.htm

Read that page. It may be long, but read it. It may save you from making the biggest mistake of your life.
__________________
Anyone who ever buys used cars online, anyone even THINKING of starting a &quot;Is this deal too good to be true?&quot; thread, anyone who wants to be more educated about protecting themselves must <a href='http://www.carbuyingtips.com/fraud.htm' target='_blank'>read this</a>.

<img src='http://www.3xmk.com/mrogers-files/forums/bmw/bmw_sig_small.jpg' border='0' alt='user posted image' />
mrogers is offline   Reply With Quote
Old 06-21-2004, 04:22 PM   #13 (permalink)
Neutral Member
 
Forge's Avatar
 
Join Date: Jun 2004
Location: Carlsbad, CA
Car:
Posts: 99
Photos:
Forge is an unknown quantity at this point
Send a message via ICQ to Forge Send a message via AIM to Forge Send a message via MSN to Forge Send a message via Yahoo to Forge
Got scammed out of my Xbox just about the same way as that guy is selling.
__________________
<img src='http://img57.photobucket.com/albums/v173/AbsintheCoH/Z33.jpg' border='0' alt='user posted image' />
Forge is offline   Reply With Quote
Sponsored Links
Advertisement
 
Reply

  BMW Forum - BimmerWerkz.com > BMW Model Specific Forums > M-Series (M1, M3, M5, M6)


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Lookin for good autoshop in albany area dreami83 3-Series (E46, E90) 1 06-17-2004 08:39 AM
Good deal or not? john_18 3-Series (E46, E90) 1 06-03-2004 09:04 AM
To all BMW gurus . . . is this a good deal? bdonkersgoed 5-Series (E12,E28, E34, E39, E60) 10 05-29-2004 12:48 PM
Good Price for 97 M3 pjonkheer M-Series (M1, M3, M5, M6) 3 04-21-2003 01:37 AM

Powered by vBadvanced CMPS v3.2.2

All times are GMT -5. The time now is 11:01 PM.



Powered by vBulletin® Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2
Garage Plus vBulletin Plugins by Drive Thru Online, Inc.