Won ebay auction at 60K for E90 M3, BMW of Lincoln refusing to honor

[rainsux]

> every other person that has posted in this thread(and there have been
> many) who is from the Lincoln Nebraska area has noted how they do NOT
> like Husker. Funny, isn't it?

Incorrect. There have been a few locals stand-up for Fil or Husker. Their opinions were, ummm, unpopular. This isn't exactly a welcoming place. As Mike M so aptly opined, "Tough crowd."

[-RAC]

Originally Posted by Old Cdn E36

Way too many people with way too much inside knowledge posting on this.

Specific details of the customer-dealer negotiations should be confidential, I sure expect mine would be, and only increases the bad image of the dealer.

The poster who first brought up the "Can't afford it, is leasing now" comment posted the lease deal before the purchaser informed us. Bad, Bad, Bad.

Too many of the "dealer supporters" have posted neutral comments on the dealer and highly negative slants on unimportant details of the buyer. Even on the Ebay page the seller lists the leasing company as acceptable to them. So why slander the lease details or its timing.

The buyer has been questioned for being unwilling to accept the dealers (now) offer to get him there at their expense, to complete the deal. Ask yourself whether YOU would risk going into their territory after all the anger they've expressed? Not me.

Requests for personal financial details? Well, duh, the dealer wants to make a few bucks off the financing too. Been through it, no thanks. Ask yourself whether YOU would give those details to a dealer who has displayed such anger so far, and who seems to share these details with "loyal customers".

Why would there be now 4 attempts at intimidation (we're a multi billion dollar company, condition of purchase by manager requires negative publicity be negated, condition of 1st lawyer requesting buyer negate negative publicity, 2nd lawyer's threat to file suit over negative publicity), and through it all the buyer has requested a halt to the prank calls. But apparently the "loyal customer" claims they are selling a lot of BMW's because of this publicity. If that were true, then why would the dealership be trying so angrily to stop the flood they started?

The buyer has the right to decide the method of financing, and certainly has the option to change his mind on the means of payment. Ask yourself if YOU would pay full to such a seller based on the current state of affairs? No, you'd look for an outside lease to at least keep your dealings 3rd party, and place more of the risk on the lease company. All wise choices in the game so far.

Remember, when we buy from a dealer, we are the novice, they are the expert. They handle finances hourly that we see rarely. Not only that, they know ALL the stall tactics, and certainly have it in their arsenal to find a way to cancel the whole deal. Look at the current example"you took to long to close (because we stalled you!) so the deals off."

This is by no means over yet.

Take another look at comments of "satisfied customer", regarding ownership. Obviously Fil (if he is part-owner) will have full power to interfere where-ever he chooses, and does not need to listen (yet) to anyone, as he seeks to avenge his damaged pride. So he digs the hole deeper.
This will continue until someone above him takes away his shovel.
So far, not yet.

To date every posting by the buyer (or his counsel) has been basic descriptions and reporting of details.

To date most postings by the sellers friends/trolls/counsel have been lengthy error-filled attempts at defamation, distortion and intimidation.

Good thing it's all here in perma-text on the internet for all to see in perpetuity!

The stuff of legends, here in the making!

+1

[LilRedGXP]

Originally Posted by Laszlo

I miss my e46 M3 dearly as well. I actually have dreams about that car. I dreamt that I stole it back from the dealership and picked up a really hot Latina girl... it was amazing until I looked in the back seat and saw my wife sitting there. I miss that car so much.

lol, well there's your problem ... the wife is in the back seat. Can someone explain why there is so much love for BMW's when MB makes AMG versions of their cars? Loyalty is a good thing but the manufacturer needs to earn it and that means all the way down the chain to the car jockey for a BMW dealership. The experience is only as good as the weakest link.

my 2cents.

[BMWFM]

Originally Posted by Michael Maledon

Wow, tough crowd.
If Mr. Tanisaka cannot or chooses not to complete the transaction, then Husker will indeed keep the vehicle priced at $60,000 for the next willing buyer.

Bringing back an old quote. Just curious if this still applies. Michael, would you care to reply?
(although at this point, not sure who would touch this car)

This has been an entertaining week, but I am a bit confused now. Ken, what's the update on the payment? Hope you can complete this.

[BMW M5 Power]

As to the report that the fury is resulting in a sales bonanza and they are looking forward to "2,000,000 hits!!!" ... if I've told you once, I've told you 2,000,000 times, don't exagerate. <g>[/QUOTE]


That was NOT FROM them....that was directly from me. I meant, if sales have increased from the "Lookie Lous" stopping in, perhaps reaching 2 million hits will only increase it more. Again, no one at BMW of Lincoln said that, it was my attempt a humor. Voice inflection and meaning can be seriously twisted using "text only" explanaitions. If you knew me, I am always joking and being sarchastic. Grain of salt here please....
JEff

[RX7owner]

Originally Posted by BMW M5 Power

Thank you for being a longstanding BMW CCA member for 10 years. For 10 of my 16 years of membership I have been the President of this Chapter and have run unopposed every time. I have been told I might have to move away or die to get replaced. I do appreciate your position on Chapter relationships as it relates to dealerships. Remember, BMW NA is hugely involved with the club as well and obviously sees that relationship as mutually beneficial or they wouldn't be offering the loyalty discounts of $500-$1500 for members that buy New or CPO's. This chapter would not fold if the dealerships failed to support the events. To suggest that I would use this forum to further my relationship with dealershp for "perks" is rediculous. I can see how you could weave that angle into it, but that is certainly not the case. I have NEVER bought a car from any of the dealerships, get no more discounts than any other member would (which is 20-25% at either dealership) and other than getting called when cool cars come in on trade (that I cannot afford) or to stop in for some Free Starbucks Coffee that everyone else gets, I got nada. I do not want to get into a debate with a fellow member and that is not my intent.
Hope to see you at the track some time!!!

Jeff

Mr. Gomon,
I don't typically confront people over the 'net, so let me simply remind you
that it's very easy for a voting populace to stay with an incumbent (I'll
refrain from pointing to the POTUS (well, I guess not)). I'll also mention
that the great majority of these posts contradict your position as the
quality and rectitude of your local dealerships.

Yes, upset customers are noisy, but why are they upset? Is it because
they're angry at being treated so badly? Are they all wrong? Is every
one of the people who've said "Husker Bad!" delusional, and you, and you
alone hold the truth?

Other than that, best of luck with your Chapter. Aside from the political
end of things, I know it takes a lot of work to maintain a volunteer
organization.

[kart339]

Well said !!

Originally Posted by Old Cdn E36

Way too many people with way too much inside knowledge posting on this.

Specific details of the customer-dealer negotiations should be confidential, I sure expect mine would be, and only increases the bad image of the dealer.

The poster who first brought up the "Can't afford it, is leasing now" comment posted the lease deal before the purchaser informed us. Bad, Bad, Bad.

Too many of the "dealer supporters" have posted neutral comments on the dealer and highly negative slants on unimportant details of the buyer. Even on the Ebay page the seller lists the leasing company as acceptable to them. So why slander the lease details or its timing.

The buyer has been questioned for being unwilling to accept the dealers (now) offer to get him there at their expense, to complete the deal. Ask yourself whether YOU would risk going into their territory after all the anger they've expressed? Not me.

Requests for personal financial details? Well, duh, the dealer wants to make a few bucks off the financing too. Been through it, no thanks. Ask yourself whether YOU would give those details to a dealer who has displayed such anger so far, and who seems to share these details with "loyal customers".

Why would there be now 4 attempts at intimidation (we're a multi billion dollar company, condition of purchase by manager requires negative publicity be negated, condition of 1st lawyer requesting buyer negate negative publicity, 2nd lawyer's threat to file suit over negative publicity), and through it all the buyer has requested a halt to the prank calls. But apparently the "loyal customer" claims they are selling a lot of BMW's because of this publicity. If that were true, then why would the dealership be trying so angrily to stop the flood they started?

The buyer has the right to decide the method of financing, and certainly has the option to change his mind on the means of payment. Ask yourself if YOU would pay full to such a seller based on the current state of affairs? No, you'd look for an outside lease to at least keep your dealings 3rd party, and place more of the risk on the lease company. All wise choices in the game so far.

Remember, when we buy from a dealer, we are the novice, they are the expert. They handle finances hourly that we see rarely. Not only that, they know ALL the stall tactics, and certainly have it in their arsenal to find a way to cancel the whole deal. Look at the current example"you took to long to close (because we stalled you!) so the deals off."

Don't forget, they will probably know at least someone at every leasing corp/financing corp, and may well have the inside connections to "stall" the buyers financing just long enough to "Ooops, too late, deal's off" !!

This is by no means over yet.

Take another look at comments of "satisfied customer", regarding ownership. Obviously Fil (if he is part-owner) will have full power to interfere where-ever he chooses, and does not need to listen (yet) to anyone, as he seeks to avenge his damaged pride. So he digs the hole deeper.
This will continue until someone above him takes away his shovel.
So far, not yet.

To date every posting by the buyer (or his counsel) has been basic descriptions and reporting of details.

To date most postings by the sellers friends/trolls/counsel have been lengthy error-filled attempts at defamation, distortion and intimidation.

Good thing it's all here in perma-text on the internet for all to see in perpetuity!

The stuff of legends, here in the making!

[-RAC]

Originally Posted by BMWFM

Bringing back an old quote. Just curious if this still applies. Michael, would you care to reply?
(although at this point, not sure who would touch this car)

This has been an entertaining week, but I am a bit confused now. Ken, what's the update on the payment? Hope you can complete this.

I thought I covered this one?...

[rainsux]

> If you knew me, I am always joking and being sarchastic. Grain of salt here
> please ...

Understood.

I think we'd make fine friends, but doubt our paths will cross.

The only auto that I regret selling was my 2002tii. I'm embarassed, but
will admit that I swapped it for a [cough, look at shoes, mumble] oh,
nevermind. I was smitten with a lovely redhead and she preferred a
more fashionable ride. Stoopid, stoopid, stoopid.

[cngzsn]

one thing is pretty obvious to me: this is calling "all in" with a 2-7 off suit on the dealer side. they know they can't get this thing sorted out now even if they give the car to Ken for free, and they have no outs but to counter-accuse.

and those who are saying they are in the middle, you are full of it and you know it...

[bmw-m6]

Originally Posted by midknight xrs runner

Wow, so the dealership won't complete the transaction because they never worked with capital one before? Looks like we need to really organize on this. Scott, looks like it's time to press harder.

Ken, don't worry, they don't know that theirs more to financing then their crap dealership. Why does the dealer need to run a credit check. they don't need to. Why won't they just fax paperwork from the dealer to capital one?

LAME!

EVERYONE CHECK THIS OUT -

this was the site i used as my guide when i went shopping for a used car (gotta be a bit more careful b/c it didn't come right outta the factory, and ya gotta be more careful).

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

on first page there should be a blue hyperlink "capitalone auto finance"



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

Scam #5: The "Your Online Lender Bounces Checks" Scam

How the scam works: The dealer sees your bank draft from a credit union, or online car finance sites such as Capital One Auto Finance, HSBC Auto Finance or AutoCreditFinders. Not wanting to lose the extra gravy of selling you the car dealer's RISC financing, they refuse your bank draft, lying to you that "online lenders bounce checks." They will say "their checks always bounce, so we don't take them". But gee, the dealer is willing to provide you financing, at higher APR. CapitalOne and HSBC are household names and many car buyers already doubt the salesperson's lies. So they may also tell you "well, they take too long to pay us".

Some salespeople stop at nothing. If your lender was bouncing checks, we'd hear about it via federal investigations. I get daily emails from people who financed with Capital One Auto Finance, HSBC Auto Finance with no problem. I used Capital One Auto Financeto finance my new 2004 Lexus GX470 SUV. Lexus had no problems accepting my CapitalOne check. My friend financed 2 used cars with Capital One Auto Finance. There's nothing wrong with dealer financing if they can beat your best APR. If not, use your online financing. Unless you qualify for a manufacturer's 2.9% financing, online banks will beat the local banks used by dealers most of the time, and online lenders often beat credit union rates. If a dealer spews out this scam and refuses your online financing, you the customer need to retain control and refuse to buy from that unethical and slanderous dealer. There are plenty of ethical dealers who eagerly accept online loans without the lies.

How To Avoid The Scam: Tell the finance manager you're onto their scam, online lenders have been in business for years and fund loans without bouncing checks. Then get up to leave. You should also file a complaint with your state Attorney General's Office, because we need to make this scam illegal for dealers who force you into higher APR financing. I get emails on this scam often, and if the state attorneys do not know this is going on, they can't help us consumers. The federal government should wrap this into the Truth In Lending Act. Here's our link to all 50 Attorney General's Offices.

[RX7owner]

Originally Posted by Laszlo

That still doesn't give the mob an excuse to hunt and burn Frankenstein alive.

When the Frankenstein's been harming (not just scaring) the villagers for
ages, perhaps it does...

[BMWFM]

Originally Posted by -RAC

I thought I covered this one?...

Brillantly indeed.

[BMW M5 Power]

Originally Posted by rainsux

> every other person that has posted in this thread(and there have been
> many) who is from the Lincoln Nebraska area has noted how they do NOT
> like Husker. Funny, isn't it?

Incorrect. There have been a few locals stand-up for Fil or Husker. Their opinions were, ummm, unpopular. This isn't exactly a welcoming place. As Mike M so aptly opined, "Tough crowd."

You are so correct in that statement rough crowd. After 10 years in the military, I have grown a very thick skin and learned to consider the source. The only thing about being questioned is, you have to really care about what the people are saying or questioning you about. Believe me, anyone who knows me, knows the situation, knows I am not blowing smoke or fabricating things. To the best of my knowledge and experience, that is what I am passing along. And really, if people don't choose to share my position, which I assure you is neutral, fine. They can't cancel my Birthday!!!!
Jeff

[STE92VE]

Originally Posted by Laszlo

I don't know. I mean, Fil's face is everywhere. He's famous. I'm waiting for some Youtube.com junkie to start putting his face on characters like they did with the "This is Sparta" videos... which if any of you haven't seen... must check them out on Youtube.

You mean something like this:

[Eddietheman]

So BMW M5 Power,

what did you think of the video

[ideliver]

Originally Posted by Old Cdn E36

Way too many people with way too much inside knowledge posting on this.

Specific details of the customer-dealer negotiations should be confidential, I sure expect mine would be, and only increases the bad image of the dealer.

*snip*

Requests for personal financial details? Well, duh, the dealer wants to make a few bucks off the financing too. Been through it, no thanks. Ask yourself whether YOU would give those details to a dealer who has displayed such anger so far, and who seems to share these details with "loyal customers".

*snip*

The buyer has the right to decide the method of financing, and certainly has the option to change his mind on the means of payment. Ask yourself if YOU would pay full to such a seller based on the current state of affairs? No, you'd look for an outside lease to at least keep your dealings 3rd party, and place more of the risk on the lease company. All wise choices in the game so far.

Remember, when we buy from a dealer, we are the novice, they are the expert. They handle finances hourly that we see rarely. Not only that, they know ALL the stall tactics, and certainly have it in their arsenal to find a way to cancel the whole deal. Look at the current example"you took to long to close (because we stalled you!) so the deals off."

*snip*

To date every posting by the buyer (or his counsel) has been basic descriptions and reporting of details.

To date most postings by the sellers friends/trolls/counsel have been lengthy error-filled attempts at defamation, distortion and intimidation.

Good thing it's all here in perma-text on the internet for all to see in perpetuity!

The stuff of legends, here in the making!

Great post...

[BMW M5 Power]

Originally Posted by rainsux

> If you knew me, I am always joking and being sarchastic. Grain of salt here
> please ...

Understood.

I think we'd make fine friends, but doubt our paths will cross. The only auto
that I regret selling was my 2002tii. I'm embarassed, but will admit that I
swapped it for a [cough, look at shoes, mumble] oh, nevermind. Stoopid,
stoopid, stoopid.

UUhhh!! I won't remind you what a Nice 2002tii is worth these days....THere is a wonderful frame off restoration of one that a guy owns in KC. Think the cars name is "Stella" and the article is called "Stella got her groove back" I bet you could find the article online. MAN is that one nice restoration. Every nut and bolt is perfect.

Jeff

[AML]

Originally Posted by Laszlo

If I had the room I'd get a 2002tii... Love that car. I almost bought one last year but my wife said no.

No way! Does she know how special it is?

[AML]

Originally Posted by Laszlo

And what ever happened to Dooma?

Something happened?

[LilRedGXP]

This thread is taking up my precious porn viewing time. Nah, gotta a hockey game to go to. Play nice while I'm gone fellas.

"Ward, don't be too hard on the Fil."

[BMWFM]

Originally Posted by bmw-m6

EVERYONE CHECK THIS OUT -
If a dealer spews out this scam and refuses your online financing, you the customer need to retain control and refuse to buy from that unethical and slanderous dealer. There are plenty of ethical dealers who eagerly accept online loans without the lies.

Very interesting article, bmw-m6. I especially liked this quote.