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E46 M3 (2001-2006) Engine: S54 - Max Hp: 333 hp at 7,900 rpm / 262 lb/ft at 4,900 rpm
Total Produced: 45,000+ - Years Produced: 2001 to 2006.


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Old Fri, May-16-2008, 09:48:27 PM   #1
ammar518
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Default For The First Time In My Life Im Scared

Guys i seriously need all the help i can ASAP. i found a good deal on an M3 for sale at Hannah Imports/ Miami Mastercars (same dealer,dif name). i paid a deposit on the car and i just decided to google to dealers name in order to see what would come up. To my ultimate surprise i saw that a couple people got ripped off a couple years back and claimed the owner to be a liar and cheater. this came to a shock as i looked at my computer screen in shock and awe. PLEASE if anyone has any info on these guys TELL ME because im really scared. i found the perfect car and new it was too good to be true and now this ****. HELP
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Old Fri, May-16-2008, 09:50:05 PM   #2
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Uhm... a little more Info would be helpful. "Ripped off" in what way? How much was the deposit? Is the deposit refundable? Have a contract written out to you....
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Old Fri, May-16-2008, 09:53:59 PM   #3
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the people were sold cars that were claimed to be "excellent condition" and upon receiving the car they realized it was a salvaged car and im scared about mine bc i insisted to have the car checked by my mechanic and he kept on mentioning something about due diligence and how its not necesary bc the car is still under warranty. but he agreed writing on paper that the car was never re painted. 1000 dollar deposti and signed a contract but im scared to buy it after reading these reports.


http://ripoffreport.com/reports/0/089/ripoff0089842.htm

http://www.ripoffreport.com/reports/...Off0271973.htm
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Old Fri, May-16-2008, 10:10:21 PM   #4
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You signed the contract or buyers order? If buyers order, that don't mean ish. If contract, it maybe harder to unwind the deal.

I would just have an independent mechanic ($200) inspect the car on site and if something doesn't check out, ask for the deposit back.
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Old Fri, May-16-2008, 10:16:19 PM   #5
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Originally Posted by 3rd_Collective View Post
You signed the contract or buyers order? If buyers order, that don't mean ish. If contract, it maybe harder to unwind the deal.

I would just have an independent mechanic ($200) inspect the car on site and if something doesn't check out, ask for the deposit back.
I 100% agree... Get a PPI done. If the dealer does not want to get a PPI done (which I believe they actually legally have to allow) That means something is absolutely fishy. That is the only way to tell... If anything feels wrong then take the deposit back. Keep us updated on what happens, and don't worry about such a great deal, if this one doesn't work out, there will be something in the future for you! No worries!
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Old Fri, May-16-2008, 10:50:25 PM   #6
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I got ripped off by my dealership. The car is in good shape *Knock on wood* and I just want to move past it. They added thousands of dollars in extra fees at the last minute and then told me that if i backd out i would lose my deposit of $3000. Now I know better than to ever leave any sort of payment until i am ready to sign the final contract.
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Old Fri, May-16-2008, 11:01:17 PM   #7
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They added thousands of dollars in extra fees at the last minute and then told me that if i backd out i would lose my deposit of $3000.
Wow. How the hell is that legal?
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Old Sat, May-17-2008, 12:57:54 AM   #8
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Quote:
Originally Posted by ammar518 View Post
the people were sold cars that were claimed to be "excellent condition" and upon receiving the car they realized it was a salvaged car and im scared about mine bc i insisted to have the car checked by my mechanic and he kept on mentioning something about due diligence and how its not necesary bc the car is still under warranty. but he agreed writing on paper that the car was never re painted. 1000 dollar deposti and signed a contract but im scared to buy it after reading these reports.


http://ripoffreport.com/reports/0/089/ripoff0089842.htm

http://www.ripoffreport.com/reports/...Off0271973.htm
Don't car what the crackhead says - take it to BMW and have a PPI done on it. If you don't then you might want to buy a supply of vaseline - think you can buy it by the pallet at Sams's Club


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Wow. How the hell is that legal?
It's not - its a scare tactic - ask a lawyer..and never ever leave a deposit, one of the biggest mistakes people make..and the only thing you should be signing is the loan papers
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Old Sat, May-17-2008, 01:12:39 AM   #9
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Old Sat, May-17-2008, 02:05:24 AM   #10
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I would PPI the car twice and run the vin# ofcourse and if all turns out find then why not ?
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Discussing For The First Time In My Life Im Scared in the E46 M3 (2001-2006) Forum - Engine: S54 - Max Hp: 333 hp at 7,900 rpm / 262 lb/ft at 4,900 rpm
Total Produced: 45,000+ - Years Produced: 2001 to 2006. at BMW M3 Forum.com (E30 M3 | E36 M3 | E46 M3 | E92 M3 | F80/X)