that's a bad story...I'm like you, sometimes I watch those auctions go
nowhere,
then suddenly it ends and there is a relisting...by saying "lowest price
on ebay"
they were inviting traffic to their auction
> http://www.m3post.com/forums/showthread.php?t=127993
>
> 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/eBayISAPI.dll?ViewItem&_trkparms=tab%3DWatching&viewitem=&item=230233277471&_trksid=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?
>
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