View Single Post
      02-07-2012, 11:42 PM   #7
R3dn3k Flyby
Back in the saddle...
R3dn3k Flyby's Avatar

Drives: 2011 BMW M3
Join Date: Oct 2009
Location: Scottsdale, AZ

iTrader: (2)

Send a message via AIM to R3dn3k Flyby
Typically a dealer gets a buy-bid when they take in a higher end car like an M3, so they're usually sold before the paperwork is even finalized on the trade-in. I'd say there's no reason to worry about buying from auction if M3 in question is 4 years or more old or has 40k miles or more because a BMW dealership most likely isn't interested given the fact they can't/don't want to CPO the car. If it's a low mileage 1 or 2 year old M3, I'd be a little suspicious.

Example of that is a local outfit that buys from auctions at wholesale or below and then passes the savings onto its customers. Or that's what they claim anyway. I hit them up about an e90 sedan that sounded too good to be true. Pulled the Carfax and it was a Lemon Law buyback down in California and had just been to a local dealer a week or two ago to have the ECU examined. No. Thank. You.
2011 M3 Coupe - DCT - Lemans/Black
VRTuned ECU Flash / Agency Power Catless Resonated Midpipe and Rear Section / H&R Race / Volk Racing G2