Thursday, November 25, 2010

Why carfax history reports don't always work

I haven't posted to this blog in a long time, but I will be adding stuff regularly. The wholesale car market for premium cars is still on fire. It's nearly December and prices still look like they did in may and june on most cars. There is a real shortage of good cars out there. That's no b.s. The shortage is for real. I buy mainly BMW, Mercedes, jaguar, land rover, Audi, vw, And Porsche product. While it's true that there is not a really bad shortage of these used cars in general, there is a very big shortage of these cars that are actually in excellent condition. People who are not in the car business usually say "don't all Mercedes owners take care of their car?". The answer is absolutely not. At least half of the used cars out there have had some sort of paintwork, bodywork, dents, dings, been smoked in, etc. These are cars that I think are less than excellent condition. Most of these issues will never show up on an auto check report or car fax report. These shaky cars ar bought by dealers and sold to consumers everyday and they're advertised as great cars with no stories because the carfax is clean. For all of you highlinecar buyers out there, do yourself a favor and get the car that you're looking at checked out by an independent mechanic. Even the so called "certified" cars have previous paintwork and bodywork. Buyer beware

Thursday, January 14, 2010

BMW M6s AND OTHER M CARS THAT ARE JUNK

I've been very busy for the past 30 dasy or so. I bought 140 cars in December and should buy over 200 this month. Alot of my dealers are already thinking of spring and buying sports cars already. March first is only 6 weeks away. I bought plenty of great BMW M cars this past month and I also saw hundreds of junk ones that aren't worth a penny. Here are a few that you should avoid and why: 2007 BMW M COUPE in white with accident damage in the front and a cracked rear bumper 5UMDU93577LM08534. 2007 BMW M COUPE in blue with a cracked front bumper and dented fenders 5UMDU93547LM08460. 2007 BMW M COUPE in black with previous paintwork on 4 panels and bad bodywork on the right fender 5UMDU93437LM08120. 2007 BMW M COUPE in silver with previous paintwork and bodywork on 6 panels 5UMDU93467LM08158. 2007 BMW M COUPE in white with 4 panels of bad bodywork 5UMDU93537LM08286. 2007 BMW M ROADSTER in black with previous paintwork on 2 panels 5UMBT93597LY53013 (this one is not very bad, just not a pristine M car).

Wednesday, December 9, 2009

UPDATES COMING SOON ON BMW M SERIES CARS

I haven't updated this blog on a regular basis for a while. I do plan to get back on track and update this thing regularly. I've been buying alot of BMWs and particularly M6 coupes and convertibles and M5 sedans. I've bought plenty of nice ones for my dealers, but I have passed on dozens of garbage ones that are 100% completely worthless. These cars seem to be like the old Mustangs and Camaros were in the 90's ( I think this may be the only comparison between the mustang/camaro and a BMW M series). I'm only talking about conditions here. The M Series cars are alot like the Mustang and Camaro in that they are either perfect cars in awesome shape or they are complete garbage and not worth a dollar. If you buy an M series car that is beat up and battered around and needs to be put back together like Humpty Dumpty, it will cost you more than the value of the car and you'll always have a battered up pig of a car that you'll never be proud to own. I have dozens of VIN numbers and condition reports from the turds that I've seen over the past 30 days. I'll post this info when I have time.

Saturday, November 14, 2009

SOLD RECENTLY AT WHOLESALE AUCTION

I haven't had much time to keep up on this blog, so please ask questions if you have any. I bought over 40 cars last week for dealerships, mostly BMWs and Mercedes product. The auctions are still hot and dealerships are still busy and in need of product. Here's a few crappy cars that you should avoid if you see them somewhere for sale: 2006 Range Rover sport SC in black with frame damage and previous paintwork everywhere SALSH23496A982165. 2006 Range Rover Sport SC in silver with previous paintwork and bad bodywork on 4 panels SALSH23436A945743. 2008 Range Rover Sport in white with previous repair on 8 panels SALSK25498A122221. Don't be fooled by these crap cars, they are worthless. I'll add more later.

Friday, October 16, 2009

MORE JAGUARS SOLD AT AUCTION

Here's some more jaguars that were sold at auction over the past two weeks. Keep an eye on your local dealers' lots for these beat up cars. 2007 JAGUAR XK COUPE in black with previous paintwork and bodywork on 3 panels and a dented in left door SAJDA43BX75B05908. 2008 Jaguar XK in blue with both bumpers dented in and curbed up wheels SAJWA44B685B22519. 2007 JAG XK in blue with bad previous paintwork on three or four panels and a few cigarette burn holes SAJDA44B775B04407. 2007 Jag XK Cab in black with previous paintwork on two panels (this one really isn't too bad) SAJDA44B975B03520. 2007 jag XK in blue with a replaced fender and previous bodywork all over SAJWA43BX75B16013. 2007 jaguar XJ8 in green with previous bodywork all over and damage on every square inch of the car SAJWA71B17SH12603. 2007 jag XJ8-L in black with bad previous paintwork and bodywork on five panels SAJWA79BX7SH12703. 2007 jag S-Type R with painwork and bodywork on more than half of the car SAJWA03C571N76654. 2007 jaguar XJ8-L in green with previous paintwork and bodywork on 4 or 5 panels SAJWA79B67SH18370. I have a bunch more cars to add to this blog and I'll try to get caught-up by early next week. I have alot of Mercedes and BMW cars to add. There are alot of junk Mercedes SLKs being sold at auction right now and most of them have clean carfax reports.

Wednesday, October 14, 2009

LAND ROVER BEING SOLD AT AUCTION

Here's a list of Land Rovers and Range Rovers that I've seen sell at auction over the past two weeks. These cars are probably on your local car lots right now. Stay away from these ones: 2008 RANGE ROVER SPORT in black with bad bodywork and paintwork on the left side and a rough interior SALSK25468A128140. 2007 Range Rover HSE with previous paintwork and bodywork and two broken bumpers SALME15487A261250. 2006 LR3 HSE in white with dents and dings everywhere and bad paintwork on the left side SALAG25446A359502. 2006 LR3 in green with bad bodywork and paintwork everywhere SALAE24426A403228. 2007 Range Rover Sport SC with dents and scrapes on half of the vehicle SALSH23437A115250. 2008 RANGE ROVER SPORT with scrapes on both bumpers, dings everywhere, and some door damage due to a repo SALSK25458A128355. I have a few hundred more cars to post here to get myself up to date, but no time today. I'll add more later.

ANOTHER DAY AT THE AUCTION

I spent my day today at Manheim's Atlanta Auto Auction. I bought 11 cars today for different dealerships, mostly BMW product. The market is still hot. There is a short supply of good cars and a very short supply of nice sports cars and Land Rovers. I'm traveling to manheim, PA tonite for the high-line sale tomorrow. Here's some more junk cars that I've seen over the past two weeks at different auctions. These are cars that were bought by dealerships and are probably for sale somwhere right now. If you are smart...you'll avoid these turds. Let's start with my favorite, a Jaguar XK. Nice XKs are in short supply right now and dealerships are buying total junk ones just to fill the spots on the lot. 2007 Jag XK Cpe in blue with previous paintwork and bodywork everywhere and two replaced body panels SAJWA43BX75B16013. 2007 Jag XJ8-L in black with dents on every panel and some previous paintwork SAJWA79B07SH17909. 2006 jag XJ8 VDP in white with bad previous paintwork and bodywork everywhere SAJWA82B66SH10722. 2006 jag S-Type 3.0 in red with paintwork and bodywork on every panel SAJWA01A56FN72798. 2006 jag S-Type 3.0 with bad bodywork on every square inch of the car SAJWA01A98FN85492. 2007 XJ8 in green with bad bodywork on every square inch of the car SAJWA71B17SH12603. 2006 Jag S-Type 3.0 in green with previous paintwork ad bodywork everywhere and a few replaced body panels SAJWA51A06WJ02272. 2006 Jag S-Type in silver with dents and damage everywhere SAJWA01A86FN56059. 2008 jag XJ8 with a dented roof and hood and previous paintwork on half the car SAJWA71B28SH20288. 2007 jaguar XKR Coupe in black with dents on every panel and two broken windows SAJWA43C879B14598. 2006 Jag S-Type 3.0 in white with previous paintwork and bodywork everywhere SAJWA01A16FN53603. 2006 Jaguar X-Tpe with dents and damage on every panel SAJWA51A56WE85421. 2007 jaguar S-Type in grey with damage everywhere, this one looks like it was used by the government in the 1st gulf war SAJWA01AX7FN75150.