How Cheap Is This BMW!

I don't think his cars are repo or writeoffs at all. I think he buys at auction in volume or other trade sources and punts out executive cars by the bucket load working on low margin and high turnover. He's been at it for years so probably has a pretty good understanding of the market by now. Sometimes he drops a turkey, sometimes people go mad and pay far too much.
 
I don't think his cars are repo or writeoffs at all. I think he buys at auction in volume or other trade sources and punts out executive cars by the bucket load working on low margin and high turnover. He's been at it for years so probably has a pretty good understanding of the market by now. Sometimes he drops a turkey, sometimes people go mad and pay far too much.

my thoughts too
 
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Personally I don't care how cheap they are I would not buy a car from that Ebay seller. A combination of his answers to questions/feedback and some of the ridiculous prices things go for just really, really put me off.

I'd rather pay more for something that fills me with confidence. He was selling a 528i Sport the other day. With a missing spoiler, 15 inch wheels and mudflaps on only the drivers side of the car. It's just things like that.. make me think HUH?
 
I wonder if they are HPI clear? You know the sort of thing, guy buys a car using false details and false references, pays the first paymet and then disappears.

You buy the car and drive it for a few weeks, then a nice reposessions office comes calling to take the car back to the finance company.
 
I saw that M5 and my jaw dropped

Part of me wants to visit them and have a look around. Another part of me wants to just forget about it as I know somewhere along the line it's going to cost you.
 
It's just some bloke with a lock up garage / industrial unit.

He could be gone by next week. Good luck chasing him if the car is stolen, isn't roadworthy, an insurance write off / botched repair etc.

Yes it is you are correct. However, would you not just HPI check it to make sure everything adds up? I would never buy a car without doing HPI check even if it was from a dealer because sometimes they lie. The points you make are valid but really apply to any motor trader that does not have a very well established dealership. You should really apply this sort of caution to just about any car you see on ebay or autotrader.

Do people not think that part of the reason most of his cars appear really cheap is because he is auctioning off things that most people don't want on their forecourts (big cars with huge V8 engines that guzzle fuel)? He also doesnt seem to give any warranty so can only expect to obtain prices a little above trade. I've looked at some of his listings before and he drops the odd clanger but sometimes cars that appear cheap have actually sold for quite good money compared with trade value. I imagine that the large luxury car with huge engine is quite difficult to value accurately even in Glass's because of the credit crunch/fuel price concerns. + nobody wants them on their forecourt so trade auction values are going to fluctuate quite a bit?

I'm not really trying to praise, defend or slate this seller but I do know he's been around for several years and whilst it is sensible to apply caution to any auction purchase I don't think it is necessary to assume that he is a scammer.
 
It's just some bloke with a lock up garage / industrial unit.

He could be gone by next week. Good luck chasing him if the car is stolen, isn't roadworthy, an insurance write off / botched repair etc.

I doubt they will be insurance write offs, as you can HPI it, if he was selling stolen cars he would be long gone by now.


As I said, he isliterally taking cars from trade sources, MOTing them and selling them on ebay, traditionally a dealer would take it, fix bad stuff on it, tart it up and sell it on with a decent backup and support. The lack of it is reflected in prices.

It's a downmarket version of cargiant essentially.
 
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