SeabrookPorsche

this car was purchased last month for $52 from a private individual. The dealer disguised himself as a private buyer, however he is a dealer and now has it listed as per your link. The seller was pissed to say the least...

manimal

Lame.

Carlo_Carrera

I do not understand why the seller would be pissed. Did the disguised dealer force the seller to sell at that price?

SeabrookPorsche

The seller said yes. Once he found out it was a dealer he immdiatly called his attorney. His attorney advised it it could get costly and ugly and not in his favor. I don't know all the details, it just wasn't good. I missed the car by 2 hours myself and kept in constant contact in case the buyer did not pay up. Of course the buyer wired the money the next day as he knew he was getting a smoking deal and he was going to flip it.

Please note the dealer that is selling the car now is not the same dealer that bought it from the owner.

Carlo_Carrera

I still not understand why the seller is pissed. Dealer or not he didn't have to sell the car for $52k if he didn't want to. What was there to stop a private buyer from turning around a reselling the car? If the seller got the price he wanted why care?

FRUNKenstein

I get the concept of being pissed at being lied to, but not to the extent of suing someone. The PO of my car had the chance to back out on our deal to sell at a higher price, but he was a man of his word and honored our deal. He said that he googled me and saw that I was a big enthusiast (founded a nonprofit auto museum), so he knew I would appreciate the car. If I had lied and turned around and flipped it, then I would expect him to be pissed.

Freddie Two Bs

I loathe and despise flippers as much as the next guy, but in this case, if the seller didn't know he was leaving $10k+ on the table, shame on him for not spending 1hr researching the market.

SeabrookPorsche

Fair enough.

Carlo_Carrera

Honestly I feel bad for you on missing out on what looks like a great car.

Carlo_Carrera

I am not sure we know the seller was lied to.

As the PO of your car did all this fellow had to do was search Google for some background on this buyer/dealer.

FRUNKenstein

Good point, Carlo.

techweenie

Wow. All this butthurt is a total mystery to me.

When I'm selling a car, I prefer dealers/flippers because they don't have to 'arrange the financing,' 'sell the BMW first,' 'get the wife's approval,' etc., etc.

Freddie Two Bs

Yeah, well, many other people prefer to get their full money's worth when they sell, and not have to pay for the college tuition of the children of some random scalper when they buy...

Alan A

So the random scalper pays the ask - or something that the seller can live with - and they are still all bent out of shape. That makes no sense at all.

If they wanted more $ they should have asked for more $.

That's like being upset that your surgeon knows more than you about joints so he gets paid better to fix them.

Carlo_Carrera

The buying and selling of cars is a lot like the stock market. Looking for an under valued asset to buy and resell later for a profit.

Car dealers are not my favorite people but if the seller agreed to a sale price then why be upset? Car dealers have mortgages to pay too.