HELP! 2001 BMW M3 For $9,000

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Old 03-10-2005, 10:07 AM
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HELP! 2001 BMW M3 For $9,000

Alright heres the deal. I have been looking for a new car and came across a 2001 BMW M3 for $9,000. Have you heard of anything like this before? Is it a scam? The seller is a member of squaretrade. What do I do?
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Old 03-10-2005, 10:09 AM
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Is the car online to where we can take a look at at?

It sounds from the price alone that either something is seriously wrong with it or it's a scam. Beware if the seller is in a different country or even in a different state than the car itself.
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Old 03-10-2005, 10:09 AM
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SCAM! Avoid it. Same guy had a 04 TL-Nav with 5400 miles for $10,000. Ebay removes him.
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Old 03-10-2005, 10:11 AM
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I don't know if the guy is from another country but the car is located in chicago where i am. He also gave me address to send the money. I might go there and check it out first.
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Old 03-10-2005, 10:13 AM
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Show us a link.
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Old 03-10-2005, 10:15 AM
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Unless you can physically locate and can check out the car, avoid this guy at all costs.

And come on! A BMW M3 for $9,000?! My "spidey sense" is tingling right about now. Usually if a deal is too good to be true, then it usually is.
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Old 03-10-2005, 10:17 AM
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This is what he sent me and i just got approved today for payment.

Dear Customer,

First of all, we like to inform you that the 2001 BMW M3 Coupe Manual Laguna Blue is in excellent running and body condition, never had an accident and there are no flaws on it or any other mechanical problems. There is no lien against the car and the car has not been “salvaged”. It has a clear title and it will be signed and notarized in your name as soon as the payment will be completed. The buy it now price is $9,000 including shipping costs anywhere in the continental US. There are no other costs regarding this transaction. The car is located in Chicago, IL.

Now, in order to be able to buy it please let us know if you have any negative feedback and let us know your Yahoo user ID, if you have one, for additional verifications. If you are really interested in purchasing this car please also provide us with the following details necessary to take a decision:

-your full name (first name and last name)
-shipping address, including street and zip code
-ph#

Regarding the payment I am aware of the buyer's protection and we will use Yahoo! Secure Payments as a third party which will hold the payment until the buyer will receive the car. To complete the payment the buyer must have cash available.

So, if we receive the information requested and if your request will obtain a positive answer from our Customer Department you will be informed by Yahoo during the next 24 hours.

Thank you
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Old 03-10-2005, 10:17 AM
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Salvage title maybe? Not worth the risk IMHO.
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Old 03-10-2005, 10:21 AM
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Look at it this way why would he sell it for 1/4 of what he could get by driving down to Carmax, no fuss no muss and sbout $35k in his pocket, unless it is TOTAL junk.

SCAM

Vandy
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Old 03-10-2005, 10:23 AM
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This is a scam. Notice in the e-mail he didn't put your name in the "To" part (Dear Customer,...). This indicates to me that it was prerecorded. This guy is just hoping that someone will mess up and go for it. Don't let it be you.
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Old 03-10-2005, 10:25 AM
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Originally Posted by acura3.2tLv
This is what he sent me and i just got approved today for payment.


Thank you

PLEASE don't make this mistake! Take 5 minutes and THINK about this, 9K for a 01 M3 that isn't in pieces????

Vandy
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Old 03-10-2005, 10:28 AM
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I was looking at a 02 M3, granted it was a conv. and being sold by the dealer, but it was going for 50K!
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Old 03-10-2005, 10:33 AM
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You know the saying "Sounds too good to be true". Can you possibly get the VIN and run a check? As gatrhumpy said, "9K for a 2001 M3?". I have my doubts ....
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Old 03-10-2005, 10:33 AM
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I just emailed the seller and told him the only way i will buy his car is if i can see and drive it first since we are located in the same city.
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Old 03-10-2005, 10:38 AM
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I've talked to this guy before, and he told me he was in France. I recognize his typing style, and also the SquareTrade thing.

Common sense! That car is still worth $40,000 - NO ONE sells it for $9,000
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Old 03-10-2005, 10:39 AM
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i ran the VIN and it came back clean and clear an located in Chicago.
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Old 03-10-2005, 10:40 AM
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03CoupeV6....do you remember his email or name?
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Old 03-10-2005, 10:43 AM
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John, I think. I don't remember his email.
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Old 03-10-2005, 10:43 AM
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Even if it is located in the same city, don't do it. Your "common sense" meter should be going off the charts!

If you really have $9,000 burning a hole in your pocket for this car, look at it first and drive it. Make sure you bring someone with you who can either back up what was said in the conversation, or can protect you in case anything goes wrong (like someone pulls a gun to rob you or something).

Just protect yourself and don't go for it.
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Old 03-10-2005, 10:50 AM
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Look at this...another guy is selling his M3 with no reserve on yahoo with like an hour left

http://page.auctions.shopping.yahoo....?&aucview=0x13
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Old 03-10-2005, 10:54 AM
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My friend, dont be a sucker and let this one go away. Any advise before anyone buys a used car is the following:

1. Check the carfax but this can also be incorrect.
2. Take the care to a Acura shop and have them lift the card to see and damage (rust, accidents etc..) before you pay 1 cent.

This guy is looking for a sucker to give him $$$ so do not loose sleep on this deal and move on.
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Old 03-10-2005, 11:05 AM
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it coukd be a stolen car too!
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Old 03-10-2005, 11:14 AM
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I can't believe you even thought about buying it. I also can't believe you had to post a thread if you should buy it or not.
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Old 03-10-2005, 12:44 PM
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as i know....9000 can't even buy a 2001 TL.....

9000 can't even get you a M3 engine itself....
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Old 03-10-2005, 12:50 PM
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you cant even get one salvaged for 9k..
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Old 03-10-2005, 12:52 PM
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If you need to create a thread about this, you deserve to get owned by this scam

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Old 03-10-2005, 01:10 PM
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Forget about it, it must be a SCAM!!!!!

Same thing happens to me when i try to purchase a bike. Find couple deal way to sweet to be true. Like 2-digit miles 2004 CBR for $1500. No matter how you email about your suspiecious they always try to comfort you down by just sending couple hundreds for downpayment.

Forget this deal man, this is not gonna happen in the real world.
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Old 03-10-2005, 02:51 PM
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Even if he gives you the VIN number, it could be a stolen VIN off of another car of the same type. Don't fall for it.
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Old 03-10-2005, 04:14 PM
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Don't be a fool.

Why would anybody want to sell it at that price unless they are looking to rip off naive people.

Someone may have it, put it for sale, you go there test drive it. Then they tell you to finalize it on the computer. You go to pick it up and they tell you that it was not the car or some bull like that.

Listen to all of us. No single person telling you to go for it.

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Old 03-10-2005, 04:46 PM
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The friggin M3 headlights are worth more than 9000$ let alone the car! SCAM!
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Old 03-10-2005, 05:15 PM
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This question should not need to be asked.
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Old 03-10-2005, 05:59 PM
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Scams like these are so common. If you're that gullible to think this is a real deal then I think you deserve to be taken. Don't waste anymore of your time with this scammer.
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Old 03-10-2005, 06:02 PM
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lock this up, i guess he will go for it no matter what :P
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Old 03-10-2005, 06:28 PM
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no way, an m3 for 9gs? ha keep dreaming
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Old 03-10-2005, 06:42 PM
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I just went down to the location with my good friend (who is a cop) where the seller told me to send the money. I saw the BMW in his shop and it looked perfect. My friend ran the vin # and checked the car and it came up stolen from a auction in illinois. My friend said we have to go, so we left. About 10 minutes later squad cars showed up and arrested the seller. I was awarded with $100 and my friend got a promotion. To make a long story short the police seized the car and are giving me a chance to buy the car before it goes back to auction for $18,000. Thats what was owed on the car. So I'm going to get the car tommorow.
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Old 03-10-2005, 06:54 PM
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Seems like a shot of good luck man.. I'm surprised your reward was only $100 (lol cheap ass gov't bastids)... The M3 sounds really nice too, 2001 is the new bodystyle/333hp engine right?
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Old 03-10-2005, 06:58 PM
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Originally Posted by acura3.2tLv
I just went down to the location with my good friend (who is a cop) where the seller told me to send the money. I saw the BMW in his shop and it looked perfect. My friend ran the vin # and checked the car and it came up stolen from a auction in illinois. My friend said we have to go, so we left. About 10 minutes later squad cars showed up and arrested the seller. I was awarded with $100 and my friend got a promotion. To make a long story short the police seized the car and are giving me a chance to buy the car before it goes back to auction for $18,000. Thats what was owed on the car. So I'm going to get the car tommorow.
ohh shitt, daym thats kinda kewl lol, and its also kewl ur getting the m3 for that cheap, holy shit 18gs?? good luck on the car..
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Old 03-10-2005, 07:25 PM
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yea its the new body style.
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Old 03-10-2005, 07:33 PM
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Originally Posted by acura3.2tLv
I just went down to the location with my good friend (who is a cop) where the seller told me to send the money. I saw the BMW in his shop and it looked perfect. My friend ran the vin # and checked the car and it came up stolen from a auction in illinois. My friend said we have to go, so we left. About 10 minutes later squad cars showed up and arrested the seller. I was awarded with $100 and my friend got a promotion. To make a long story short the police seized the car and are giving me a chance to buy the car before it goes back to auction for $18,000. Thats what was owed on the car. So I'm going to get the car tommorow.
Holy F'in crap! Are you serious! Good work...I hope everything works out with it.
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Old 03-10-2005, 07:51 PM
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hahahahah damn are you serious?!?!?!?


you can tell that these things are scams by their elaborate letters that seem a little wannabe professional

but DAMN, a 2001 m3 for 18 grand seems like a nice fucking reward for the work you put in


this better be a true story man hahah
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