So, here is an update on this car....a good friend/client of mine called me about this car right when it came up on ebay. Since he already lives in Austin, I told him to go down there with a list of things to look for, and asked him to take some photos for me so we could assess the value of the car. Once he arrived at Terry's shop, he was treated like a P.O.S. by Terry, and not that this matters or has any bearing on things, but he has an immaculate super low mileage Z8 and a 40k mile e28 M5. I guess what I am getting at is that he isn't a slouch, never owned a BMW, or didn't know what he was looking at, let alone being a potential client for Terry!!!!
We discussed the car at length and I gave him what I thought was a fair "ceiling" to pay for the car. So, here is where the story gets interesting.....some other "buyer" was supposedly trying to buy Terry's M1 and said he would buy/bid on the CSL as well as a package. My buddy came just shy of the $60k mark and was outbid and we chalked it up as just one of those things that we missed out on.
A week or so later, he gets a call from Terry with this back story and he admits the guy was going to buy the car(s) and he would offer the car to my friend for $50k. He then calls me and we discuss a new strategy which in the end worked out! Happy ending, right? Wrong!
My friend is a day trader with several accounts and there was a hold up or issue with the title, so no funds were transferred until my friend was satisfied that he would receive a clean title in exchange for this money. Once that was settled, he began to transfer funds to buy the car. He had been working with one of Terry's employees (Rhet) which was very accommodating and shielded him from Terry whom has been an ass since day one. I guess the funds wouldn't arrive (for whatever reason) until next Tuesday, so Terry then throws a hissy fit, tells my buddy the deal is off and he is putting the car back on ebay today!
Now, my friend is a bit conservative but that is probably why he has the money to buy these cars. What does Terry think he is going to gain here? He had a cash buyer in his back yard with cash?
I told my buddy that there will be another CSL!
Just thought you all might want to know what you would be dealing with should you have an interest in this car. After looking at the pics, and knowing the hood was now a steel hood, it must have been whacked pretty good as the lower front valance now has holes in it to accept a front bumper. Ouch!!!!
