Platinum Cars In North York Ontario??? Should I Buy A Car There?
03-01-2024 | 06:43 PM
Joined: Aug 2017
Posts: 60
Likes: 9
Quote:
Originally Posted by
Aluffman
If you search dealers on the OMVIC site, you can see their status is currently terminated / revoked. Search "PLATINUM CARS INC."
What happens to the business now?
03-01-2024 | 06:52 PM
Joined: Dec 2016
Posts: 938
Likes: 173
From: Toronto, Canada
Quote:
Originally Posted by
987981
What happens to the business now?
Fire sale. They have a Z3 I would love to get my hands on…
03-01-2024 | 06:59 PM
Joined: Aug 2017
Posts: 60
Likes: 9
Quote:
Originally Posted by
vetfever
Fire sale. They have a Z3 I would love to get my hands on…
That red one? A beauty.
I went to look at the G80 M3 for a DD last year, they wouldn't let me test drive it without a deposit. Car has dropped 25k and still sitting.
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03-01-2024 | 07:37 PM
Joined: Apr 2005
Posts: 805
Likes: 94
From: Traffic Court
Quote:
Originally Posted by
vetfever
Fire sale. They have a Z3 I would love to get my hands on…
They would rather wholesale it or crush it than give an enthusiast a deal.
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03-01-2024 | 07:51 PM
Joined: Jun 2009
Posts: 6,815
Likes: 580
No OMVIC doesn't mean they stop selling, OMVIC is a weird grey area
03-01-2024 | 11:57 PM
03-02-2024 | 11:31 AM
Joined: Feb 2014
Posts: 3,624
Likes: 1,316
Quote:
Originally Posted by
987981
What happens to the business now?
They rebrand and call themselves "Palladium Cars" given that their prices will surely rise to cover legal expenses...
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03-02-2024 | 12:12 PM
Joined: May 2012
Posts: 2,111
Likes: 754
From: TO
They have a nice performante spyder that I would love to have. Damn.
03-02-2024 | 03:39 PM
Joined: Apr 2005
Posts: 805
Likes: 94
From: Traffic Court
Quote:
Originally Posted by
.2PDK
They rebrand and call themselves "Palladium Cars" given that their prices will surely rise to cover legal expenses...
Lol. Best post ever!
03-02-2024 | 09:07 PM
Joined: Nov 2012
Posts: 123
Likes: 29
From: Toronto, ON
edit
Last edited by VRYALT3R3D; 03-02-2024 at 09:11 PM .
03-02-2024 | 09:09 PM
Joined: Nov 2012
Posts: 123
Likes: 29
From: Toronto, ON
Quote:
Originally Posted by
vetfever
They have cars for sale for months on end, even years. And they carry a huge inventory of cars - how can a business afford to do so?
.
He owns a number of fast food franchises. This isn't his main income, shockingly.
Last edited by VRYALT3R3D; 03-02-2024 at 09:11 PM .
03-02-2024 | 11:58 PM
Joined: Jul 2020
Posts: 374
Likes: 90
From: Toronto
I looked at a couple cars at there showrooms months ago. Generally slimy fine car dealer.
a lot of their cars are 2nd or 3rd tear vehicles.
I'd stick with private or pcar dealer.
03-03-2024 | 01:03 PM
Joined: Jan 2005
Posts: 5,389
Likes: 1,086
Quote:
Originally Posted by
993GT
No OMVIC doesn't mean they stop selling, OMVIC is a weird grey area
‘They must be OMVIC registered to sell to the public or other dealers. I went through the registration process 20 years ago when I was going to semi-retire and the rules are pretty strict.
https://www.omvic.ca/selling/
03-03-2024 | 01:11 PM
Joined: Jun 2009
Posts: 6,815
Likes: 580
I have my OMVIC, just saying there's guys out there curbsiding and OMVIC really doesn't do as much as you think with things, UCDA is tired of dealing with OMVIC too, talks of a shake-up
03-03-2024 | 01:14 PM
Joined: Jan 2005
Posts: 5,389
Likes: 1,086
Curbsiders for sure! I like reading the UCDA or OMVIC (I can’t recall which) disciplinary summaries on some of those guys!