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).