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

AYF82M4 · 03-28-2008, 04:38 PM

BREAKING NEWS.

My lawyer will post shortly, with details.

stlmini · 03-28-2008, 04:45 PM

For your plate, may I respectfully suggest... WTF FIL

Scott_J_Tepper · 03-28-2008, 04:46 PM

I just received this letter from the new attorney for BMW of Lincoln. I will let the letter speak for itself.

It appears that Ken will not be getting his M3 next week.

Illan · 03-28-2008, 04:54 PM

OOOOOOOOOk...............

im left speechless

Hops099 · 03-28-2008, 04:54 PM

wow...

PadreScout · 03-28-2008, 04:58 PM

I am so sad for you Dooma. I just registered to give my support (Ive been following this all week) and what I hoped was a "grats" is now a "oh no"

hope it works out in the end.

gasman · 03-28-2008, 04:59 PM

Quote:

Originally Posted by Scott_J_Tepper

I just received this letter from the new attorney for BMW of Lincoln. I will let the letter speak for itself.

It appears that Ken will not be getting his M3 next week.

Uh ohhh!

Revin9k · 03-28-2008, 04:59 PM

wow....what next?

farbarg · 03-28-2008, 05:00 PM

Full of sound and fury signifying nothing.

Hops099 · 03-28-2008, 05:00 PM

Advantage, FIL?

midknight xrs runner · 03-28-2008, 05:00 PM

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!

Revin9k · 03-28-2008, 05:01 PM

i dont know who to believe anymore.

Revin9k · 03-28-2008, 05:02 PM

Quote:

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!

its not capital one...its the leasing company.

Ron21 · 03-28-2008, 05:05 PM

WOW!!! I can't believe these a-holes did that..

Illan · 03-28-2008, 05:06 PM

On the Next Episode of "The Ultimate Driving Machine".........

AYF82M4 · 03-28-2008, 05:07 PM

Im left pretty much speechless.
The allegations leveled against me are completely untrue.
I will fight this, as these are groundless allegations.

Ken

Technic · 03-28-2008, 05:08 PM

Quote:

Originally Posted by Scott_J_Tepper

I just received this letter from the new attorney for BMW of Lincoln. I will let the letter speak for itself.

It appears that Ken will not be getting his M3 next week.

Ok... who's lying here? How could be financing/leasing the problem? After a week of the auction and after 4 days of the dealer accepting selling the car for $60,000 this is still at the same point as a week before.

This is past the expiration date... this is a circus now.

CnoteMD · 03-28-2008, 05:13 PM

I am amazed that the dealer would go through so much trouble over what is likely no more than a $5000 loss on the sale (difference between the final auction price and the invoice price).

At this point, the OP could type retractions until his fingers go numb. The initial actions and this most recent letter do nothing more than confirm that this is a "dirty" dealership.

UsedCarSalesmanwCombOver · 03-28-2008, 05:13 PM

I wonder if the problem stems from Capital One Financing. Many dealers HATE and let me state HATE Cap One cuz they have to wait ages for the money to come through long after the car has left the dealership

So the question is, did the dealer KNOW you were funding this through pre- approved CAP ONE Financing via their on line application?

Also very interesting they brought in new counsel. Did someone from VT corporate step in and put the kabosh on this?

I wonder if Husker thinks it's better to not part with the car and let Ken rack up the legal bills. I guess they'd rather take more hits on their reputation have more eyes pass judgment on them than just let an over rated car get sold for a loss.

Revin9k · 03-28-2008, 05:14 PM

We gotta stay together people and continue the support for Dooma!!

Husker Auto Group is going DOWN!

toddy33 · 03-28-2008, 05:23 PM

Wow.

Just, wow.

BobbieBrighto · 03-28-2008, 05:24 PM

Called it.

I hate to say it, but this has been my impression as well based on the facts provided here alone as a casual observer without any more detail. The buyer was in the right and had the seller's pants down, face down and ass up, unwillingly bent over and the buyer ends up with limp dick. Why would anyone need to repetitively keep mentioning his or her ability to finance and not just pay the thing? 7 days. As is said, actions speak louder than words. Simply put, the buyer got himself in too deep, unintentionally, but then again was also fueled by the Internet.

The power of the Internet. Used for good bringing to light bad practices and stupidity and yet basically turning this thing here into a shitstorm basically screwing this deal and the good the publicity has done.

You guys shot yourself in the foot.

Hopefully, the reputation of Tepper or any other innocent party isn't tarnished in this; he has done nothing but good. My respect.

03-28-2008, 04:38 PM	#1849
AYF82M4 Second Lieutenant 67 Rep 200 Posts Drives: MG F80 M3 ZCP Join Date: Mar 2008 Location: Los Angeles, CA iTrader: (0) Garage List 2008 BMW M3 Sedan [0.00]	BREAKING NEWS. My lawyer will post shortly, with details. __________________ 2018 F80 M3 Mineral Gray 2015 F82 M4 Austin Yellow (Retired) 2011 E90 M3 LeMans Blue (Retired) 2008 E90 M3 Jerez Black (Retired)
	Appreciate 0

03-28-2008, 04:45 PM	#1850
stlmini New Member 0 Rep 9 Posts Drives: 2007 MINI Cooper S JCW Join Date: Mar 2008 Location: St. Louis iTrader: (0)	For your plate, may I respectfully suggest... WTF FIL
	Appreciate 0

03-28-2008, 04:54 PM	#1852
Illan New Member 0 Rep 15 Posts Drives: MB 190e Join Date: Mar 2008 Location: New Jersey iTrader: (0)	OOOOOOOOOk............... im left speechless
	Appreciate 0

03-28-2008, 04:54 PM	#1853
Hops099 New Member 1 Rep 21 Posts Drives: 2011 E90 M3, Jet Black Join Date: Aug 2006 Location: Maryland iTrader: (0)	wow... __________________ 2006 330i, Sparkling Graphite, Sport Package /// 2005 Mini Cooper Convertible, Red w/ White Bonnet Stripes/Union Jack Wing Mirrors
	Appreciate 0

03-28-2008, 04:58 PM	#1854
PadreScout Dooma Supporter 0 Rep 7 Posts Drives: 2001 Mazda Miata Join Date: Mar 2008 Location: Texas iTrader: (0)	I am so sad for you Dooma. I just registered to give my support (Ive been following this all week) and what I hoped was a "grats" is now a "oh no" hope it works out in the end.
	Appreciate 0

03-28-2008, 04:59 PM	#1856
Revin9k Private 2 Rep 63 Posts Drives: Honda s2000 Join Date: Jan 2008 Location: Cali iTrader: (0)	wow....what next?
	Appreciate 0

03-28-2008, 05:00 PM	#1857
farbarg First Lieutenant 28 Rep 311 Posts Drives: SSII e90 Join Date: Mar 2008 Location: San Diego iTrader: (0)	Full of sound and fury signifying nothing.
	Appreciate 0

03-28-2008, 05:00 PM	#1858
Hops099 New Member 1 Rep 21 Posts Drives: 2011 E90 M3, Jet Black Join Date: Aug 2006 Location: Maryland iTrader: (0)	Advantage, FIL? __________________ 2006 330i, Sparkling Graphite, Sport Package /// 2005 Mini Cooper Convertible, Red w/ White Bonnet Stripes/Union Jack Wing Mirrors
	Appreciate 0

03-28-2008, 05:00 PM	#1859
midknight xrs runner New Member 0 Rep 8 Posts Drives: '06 Toyota Corolla Xrs Join Date: Mar 2008 Location: OC, CA iTrader: (0)	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!
	Appreciate 0

03-28-2008, 05:01 PM	#1860
Revin9k Private 2 Rep 63 Posts Drives: Honda s2000 Join Date: Jan 2008 Location: Cali iTrader: (0)	i dont know who to believe anymore.
	Appreciate 0

03-28-2008, 05:05 PM	#1862
Ron21 New Member 0 Rep 13 Posts Drives: hovercraft Join Date: Mar 2008 Location: NY iTrader: (0)	WOW!!! I can't believe these a-holes did that..
	Appreciate 0

03-28-2008, 05:06 PM	#1863
Illan New Member 0 Rep 15 Posts Drives: MB 190e Join Date: Mar 2008 Location: New Jersey iTrader: (0)	On the Next Episode of "The Ultimate Driving Machine".........
	Appreciate 0

03-28-2008, 05:07 PM	#1864
AYF82M4 Second Lieutenant 67 Rep 200 Posts Drives: MG F80 M3 ZCP Join Date: Mar 2008 Location: Los Angeles, CA iTrader: (0) Garage List 2008 BMW M3 Sedan [0.00]	Im left pretty much speechless. The allegations leveled against me are completely untrue. I will fight this, as these are groundless allegations. Ken __________________ 2018 F80 M3 Mineral Gray 2015 F82 M4 Austin Yellow (Retired) 2011 E90 M3 LeMans Blue (Retired) 2008 E90 M3 Jerez Black (Retired)
	Appreciate 0

03-28-2008, 05:13 PM	#1866
CnoteMD Commander in Chief 38 Rep 1,034 Posts Drives: 2008 BMW 535i Join Date: May 2005 Location: Atlanta, GA iTrader: (0) Garage List 2008 M5 [0.00] 2006 330i [0.00]	I am amazed that the dealer would go through so much trouble over what is likely no more than a $5000 loss on the sale (difference between the final auction price and the invoice price). At this point, the OP could type retractions until his fingers go numb. The initial actions and this most recent letter do nothing more than confirm that this is a "dirty" dealership. __________________ 2008 BMW 535i Space Gray, Black Leather, Dark Bamboo Trim\| Sport Automatic with Paddles \| Sport Package 2008 BMW M5 (gone, but not forgotten) Space Gray, Silverstone Merino Leather, Madeira Walnut Wood Trim \| 7speed SMG \| All options Mods: Corsa Exhaust \| RPI Ram Air Intake \| H&R Sport Springs \| Rogue Engineering 12mm spacers
	Appreciate 0

03-28-2008, 05:13 PM	#1867
UsedCarSalesmanwCombOver Enlisted Member 0 Rep 38 Posts Drives: Supercharged Ford Granada Join Date: Mar 2008 Location: Purgatory iTrader: (0)	I wonder if the problem stems from Capital One Financing. Many dealers HATE and let me state HATE Cap One cuz they have to wait ages for the money to come through long after the car has left the dealership So the question is, did the dealer KNOW you were funding this through pre- approved CAP ONE Financing via their on line application? Also very interesting they brought in new counsel. Did someone from VT corporate step in and put the kabosh on this? I wonder if Husker thinks it's better to not part with the car and let Ken rack up the legal bills. I guess they'd rather take more hits on their reputation have more eyes pass judgment on them than just let an over rated car get sold for a loss. Last edited by UsedCarSalesmanwCombOver; 03-28-2008 at 05:42 PM..
	Appreciate 0

03-28-2008, 05:14 PM	#1868
Revin9k Private 2 Rep 63 Posts Drives: Honda s2000 Join Date: Jan 2008 Location: Cali iTrader: (0)	We gotta stay together people and continue the support for Dooma!! Husker Auto Group is going DOWN!
	Appreciate 0

03-28-2008, 05:23 PM	#1869
toddy33 Enlisted Member 0 Rep 34 Posts Drives: 2008 Lexus IS250 Join Date: Mar 2008 Location: Gainesville, FL iTrader: (0)	Wow. Just, wow.
	Appreciate 0

03-28-2008, 05:24 PM	#1870
BobbieBrighto Enlisted Member 0 Rep 48 Posts Drives: 03 BMW M5 Join Date: Mar 2008 Location: California iTrader: (0)	Called it. I hate to say it, but this has been my impression as well based on the facts provided here alone as a casual observer without any more detail. The buyer was in the right and had the seller's pants down, face down and ass up, unwillingly bent over and the buyer ends up with limp dick. Why would anyone need to repetitively keep mentioning his or her ability to finance and not just pay the thing? 7 days. As is said, actions speak louder than words. Simply put, the buyer got himself in too deep, unintentionally, but then again was also fueled by the Internet. The power of the Internet. Used for good bringing to light bad practices and stupidity and yet basically turning this thing here into a shitstorm basically screwing this deal and the good the publicity has done. You guys shot yourself in the foot. Hopefully, the reputation of Tepper or any other innocent party isn't tarnished in this; he has done nothing but good. My respect.
	Appreciate 0