E90Post
 


Extreme Powerhouse
 
BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > General E90 Sedan / E91 Wagon / E92 Coupe / E93 Cabrio > Craigslist Buyers Beware



Reply
 
Thread Tools Search this Thread
      03-25-2015, 03:12 AM   #1
Pawlin
First Lieutenant
Pawlin's Avatar
43
Rep
375
Posts

Drives: E92 N51
Join Date: Jan 2013
Location: San Jose

iTrader: (4)

Craigslist Buyers Beware

No way, 30k for an E92 M3 with 10k miles because of minor cosmetic damage?

Craigslist posting:
http://sfbay.craigslist.org/eby/cto/4914186561.html




According to the seller:


He sent me a picture of only the front after the damage along with the original title. With that info, I did some digging and found the original posting:

http://www.bimmerforums.com/forum/sh...k-miles-Feeler

Turns out the car was declared totaled from being hit on both ends. The picture of the damage in the front end was from the original posting. I called him back to call him out, he quickly tells me the rear damage was for some reason already repaired by the dealer after insurance declared the car totaled. He became defensive and quickly ended the conversation. Pretty smooth talker but full of bs. Be careful guys!


Appreciate 2
      03-25-2015, 04:48 AM   #2
Nitrousbird
Banned
410
Rep
1,605
Posts

Drives: '07 E92 335i 6MT
Join Date: Dec 2014
Location: Powell, OH

iTrader: (2)

30k for a rebuilt title '08 M3 should be enough to steer any sensible buyer away on its own!
Appreciate 0
      03-25-2015, 08:07 AM   #3
MiniXP
Captain
MiniXP's Avatar
59
Rep
730
Posts

Drives: 08 335i
Join Date: Jan 2014
Location: NC

iTrader: (0)

The craigslist ad says it has a rebuilt title, doesn't look like he was trying to hide that.
__________________
http://www.e90post.com/forums/signaturepics/sigpic228641_1.gif
Appreciate 0
      03-25-2015, 08:44 AM   #4
drewnel22
Captain
drewnel22's Avatar
United_States
135
Rep
989
Posts

Drives: 2016 Subaru WRX
Join Date: Jul 2012
Location: Roanoke, Va

iTrader: (10)

Quote:
Originally Posted by MiniXP View Post
The craigslist ad says it has a rebuilt title, doesn't look like he was trying to hide that.
The issue is that he said it was only minor front damage but looking at the pics it was obviously much more than that.
Appreciate 0
      03-25-2015, 08:56 AM   #5
bimmette
YouTube.com/TvTara
bimmette's Avatar
Canada
5988
Rep
4,671
Posts

Drives: like I stole it! (07 335i E93)
Join Date: Nov 2013
Location: Vancouver

iTrader: (0)

Good digging
Appreciate 0
      03-25-2015, 09:08 AM   #6
monkeybingo
First Lieutenant
Mongolia
57
Rep
345
Posts

Drives: 121
Join Date: Feb 2015
Location: 11

iTrader: (0)

TO BE HONEST.. THE DAMAGE IS MINOR.. no airbags deployed
Appreciate 0
      03-25-2015, 09:09 AM   #7
monkeybingo
First Lieutenant
Mongolia
57
Rep
345
Posts

Drives: 121
Join Date: Feb 2015
Location: 11

iTrader: (0)

Also, looks like he did a great job repairing the back panel.. I would pay $30k for that mileage.. I doubt there is anything wrong with the car,
Appreciate 0
      03-25-2015, 10:00 AM   #8
brewnami
Major
91
Rep
1,046
Posts

Drives: 2009 BMW 335i M Sport Coupe
Join Date: Aug 2013
Location: Boston, MA

iTrader: (5)

I mean, unless there was frame damage, that just looks superficial, like only damage to body panels that had to be replaced... Maybe a radiator haha. Still, it's a 2008. 2008's that don't have rebuilt titles are in the low 30's now. Maybe not with 12,000 miles, but certainly not high mileage.
Appreciate 0
      03-25-2015, 10:05 AM   #9
litxus
Lieutenant
48
Rep
506
Posts

Drives: 09 E90 335i sedan
Join Date: Jan 2013
Location: Villa Park

iTrader: (1)

This looks like a total write off, and for rebuilt title even with low miles good luck selling for that much, maybe to unsuspecting overseas buyers will fall for it.

I would avoid salvage cars (unless maybe for track and low price) at all costs, as all damaged / repainted areas will rust faster, plus many other components will start failing shortly, even though it did not show any damage before. And yeah, dealers can refuse any kind of warranty as they will say it was totaled.
Appreciate 0
      03-25-2015, 10:07 AM   #10
drewnel22
Captain
drewnel22's Avatar
United_States
135
Rep
989
Posts

Drives: 2016 Subaru WRX
Join Date: Jul 2012
Location: Roanoke, Va

iTrader: (10)

Quote:
Originally Posted by monkeybingo View Post
TO BE HONEST.. THE DAMAGE IS MINOR.. no airbags deployed
Repairing a quarter panel is not minor damage. There is a lot of work involved.
Appreciate 0
      03-25-2015, 10:12 AM   #11
AzureHaze
Lieutenant Colonel
AzureHaze's Avatar
United_States
67
Rep
1,767
Posts

Drives: 2011 335d Sport
Join Date: Mar 2013
Location: SoCal

iTrader: (1)

Dirtbags like him on the prowl is the reason I avoid Craigslist.

Kudos on the sleuthing!
__________________
JBD @ 100% | KW ST Coilovers | M3 rep. front bumper | 888Concepts AE Upgrade | GP Thunder 7500k fogs | Cyba 4" carbon tips | BSW Stage 1 | APEX ARC-8 W/ Michelin PSS | Ziza LED interior | Weisslicht LED side lenses | Sprint Booster | Euro side mirrors | M-Sport semi-conversion | Coded | LOTS of carbon fiber
Appreciate 0
      03-25-2015, 10:19 AM   #12
monkeybingo
First Lieutenant
Mongolia
57
Rep
345
Posts

Drives: 121
Join Date: Feb 2015
Location: 11

iTrader: (0)

Quote:
Originally Posted by AzureHaze View Post
Dirtbags like him on the prowl is the reason I avoid Craigslist.

Kudos on the sleuthing!
I don't think he wants to make a buck.. he prob paid a lot for the repair and not trying to take the hit.. but yea.. shame on lying if he kept the original posts.. effing idiot
Appreciate 0
      03-25-2015, 10:22 AM   #13
SAADTHESAV
Captain
SAADTHESAV's Avatar
United_States
128
Rep
760
Posts

Drives: '09 Space Gray E90 328i
Join Date: Jan 2015
Location: Bay Area

iTrader: (5)

in other news: i don't know about you guys but it hurts me so much inside whenever i see a really nice car in a car accident /:
Appreciate 0
      03-25-2015, 10:33 PM   #14
techietaichi
Major
techietaichi's Avatar
United_States
171
Rep
1,311
Posts

Drives: 2006 325i Pre-LCI & 2010 X3
Join Date: Aug 2012
Location: Massghanistan, USA

iTrader: (1)

Pfffft, you can just buff that right out!
__________________
Appreciate 0
      03-25-2015, 11:19 PM   #15
Kevinl
Lieutenant
176
Rep
550
Posts

Drives: 2007 Bmw 335i 6 speed manual
Join Date: Aug 2014
Location: Phoenix

iTrader: (0)

The entire rear buckled the front may have no frame damage but when the whole back is sagging and the rear quarters are buckled like that the car is screwed

I cant imagine spending 30,000 on a salvage title vehicle I'd rather buy one with 60,000-70,000 for 30k then buy one that should be in a junkyard with 10k
__________________
2007 Bmw 335i Crimson Red 6 speed manual
MHD E40 Tuned, vrsf 5" intercooler, vrsf downpipes, muffler delete
2011 Bmw X5 35i N55 ZF 8 Speed
Appreciate 0
      03-26-2015, 07:16 AM   #16
roo97ss
Captain
31
Rep
842
Posts

Drives: 435i,GLE450, Camaro SS, Ram
Join Date: Apr 2010
Location: Delaware

iTrader: (6)

We have fixed a fair number of salvage vehicles over the years. mostly body on frame trucks and suvs. we haven't done a bmw yet as the right one hasn't come our way.

When you repair it yourself and are knowledgeable it's fine. The market is however flooded with cars like this where they downplay the repairs. Other thing I've seen is cars and trucks at auction where someone has already pulled and started to straighten the damage so it doesn't look as bad as it is before you pick it up.

The most recent 3 vehicles we bought were probably the new car replacement insurance plan. These cars are low milage one had 483 miles on it, 1 year old and very minor damage.
Appreciate 0
      03-26-2015, 10:41 AM   #17
litxus
Lieutenant
48
Rep
506
Posts

Drives: 09 E90 335i sedan
Join Date: Jan 2013
Location: Villa Park

iTrader: (1)

Quote:
Originally Posted by roo97ss View Post
We have fixed a fair number of salvage vehicles over the years. mostly body on frame trucks and suvs. we haven't done a bmw yet as the right one hasn't come our way.

When you repair it yourself and are knowledgeable it's fine. The market is however flooded with cars like this where they downplay the repairs. Other thing I've seen is cars and trucks at auction where someone has already pulled and started to straighten the damage so it doesn't look as bad as it is before you pick it up.

The most recent 3 vehicles we bought were probably the new car replacement insurance plan. These cars are low milage one had 483 miles on it, 1 year old and very minor damage.
I have been in salvage business before, but not anymore. If you have a body shop, that might be ok side business, or unless you are in commercial / work cars or trucks then title doesn't matter. Before COPART and online auctions were huge some good deals were to be found. Now, you have blind buyers buying from all over the world by pictures alone and this raises prices to the point of no sense. There are a lot of shady shops out there too that buy junk, and "straighten" the car without unbolting anything to make it look pretty for pictures and then sell back at COPART to unsuspecting buyers. I would personally never buy a more expensive damaged vehicle if I couldn't take a look at it. Seen too many cars bought online show up with missing radios, navigation systems, lost keys (in some cases huge $$$ loss), switched wheels, and worst the engine from some other POS just dumped in the engine bay to make it look like it has an engine.
Appreciate 0
      03-26-2015, 01:07 PM   #18
ArcticRik
Enthusiast
ArcticRik's Avatar
United_States
150
Rep
1,610
Posts

Drives: Arctic Metallic E90 335i
Join Date: Jan 2011
Location: Orlando

iTrader: (10)

Here is the Autocheck on it.... Def Salvaged title

http://www.chilsonwilcox.com/autoche...WD935X8PY40910
__________________
Appreciate 0
      03-26-2015, 03:59 PM   #19
888Concept
Second Lieutenant
53
Rep
238
Posts

Drives: e92 n54 FBO COBB'd
Join Date: Nov 2014
Location: Orange County, Southern California

iTrader: (1)

good digging and good catch, OP!

From reading the CL description, the seller implied that his car does not have a clean title. However, he did not explicitly say that it's a salvaged title.
Appreciate 0
      03-29-2015, 01:10 AM   #20
JingChai
Private First Class
United_States
20
Rep
154
Posts

Drives: 2011 BMW 328i
Join Date: Mar 2015
Location: Sunnyvale, CA

iTrader: (0)

This is why I didn't go on Craigslist to get my 328i. Just the extra 1000 spend was worth the peace of mind. Not only that I had a complete Carfax to go along with it.
Appreciate 0
      03-29-2015, 09:08 AM   #21
Chrisruf911
Second Lieutenant
Chrisruf911's Avatar
37
Rep
227
Posts

Drives: 2007 335i...not stock
Join Date: Mar 2012
Location: Mt. Washington, Ky

iTrader: (0)

Quote:
Originally Posted by litxus View Post
I have been in salvage business before, but not anymore. If you have a body shop, that might be ok side business, or unless you are in commercial / work cars or trucks then title doesn't matter. Before COPART and online auctions were huge some good deals were to be found. Now, you have blind buyers buying from all over the world by pictures alone and this raises prices to the point of no sense. There are a lot of shady shops out there too that buy junk, and "straighten" the car without unbolting anything to make it look pretty for pictures and then sell back at COPART to unsuspecting buyers. I would personally never buy a more expensive damaged vehicle if I couldn't take a look at it. Seen too many cars bought online show up with missing radios, navigation systems, lost keys (in some cases huge $$$ loss), switched wheels, and worst the engine from some other POS just dumped in the engine bay to make it look like it has an engine.
This. When I was a kid my father and I used to head to Conyers, Ga and buy wrecked cars from a couple of salvage yards. He just mainly did it because he was a tight ass and we ended up with half of retail in the cars when finished. These were personal cars and not a way to make money. This was in the mid to late 80s before online salvage auctions. Unless you find a rare, super good deal it's not profitable to build wrecks anymore.
Appreciate 0
Reply

Bookmarks

Tags
craigslist, rebuilt, salvaged, scam, totaled

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -5. The time now is 03:37 AM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST