Selling cars can be very painful and frustrating as half of the people who make these insulting offers don't have the money to start with. Unfortunately it is not a sellers market anywhere in the world right now so these annoying dreamers are in full flight and think they can get the car for next to nothing. Best of luck with your sale and lets hope the tyre kickers do not disturb you
Hi Raj, I see deals like yours happening in Taiwan. A dealer takes interesting cars off the market, gets free parking/storage and pays the full amounts when he has the money and sees fit to move it on. BTW: awesome collection and great content
I had this issue before, so I always include on the bill of sale that deposits are non-refundable under any circumstances. Period. I hope you kept the deposit-it’s his loss-or did you refund it? Time was wasted, and you also had to store the car. Always take a 20% deposit and give a two-week window for the final payment. We’re adults, not kids buying toy cars. It’s a stunning car, and situations like this shouldn’t happen.
@@MaxMax-th7uz People need to understand that this is a business deal, period. Therefore, since they are not children, they have agreed to the terms or deal. Yes, things happen, for sure, but that's what contracts are for. Without them, everyone would keep changing their minds, and no deals would ever be finalized on anything.
@ I sell cars , I have had more than my fair share of messers ! customers have to many rights ! buy getting a 20%deposit On a £60k car and keeping it is greedy ! Keeping £1000 /£2000 is fine for being messed about for 2 months , but seller let it drag on cause he didn’t have any other buyers tbf
@@MaxMax-th7uz The seller seems to have given the buyer every opportunity. Remember, the seller now has a car that is marked as sold. This means they are liable to keep the car in show condition and store it, which takes time and resources. Other buyers are lost in the process, leading to significant revenue loss. I get your point, and that's exactly why I said buyers are not kids-they are fully grown adults. Don’t get into a situation unless you are 100% ready to deal with it. Wishing you the best with sales this year! Who knows, I might end up being the new owner of the M3. Haha!
Not many people have 60k knocking about, so Raj shouldn't have to lower his price just so it suits the buyer. Everyone knows a E30 M3 aren't gonna be cheap, so get butt hurt when they can't afford the listed price. As he mentioned, the other cars listed are 20-30k more. Good luck selling it Raj, it''s a lovely motor
I know the pain. Last year sold my 2021 rs7 c8. 815 bhp car. 96 percent of calls Asian guys from midlands offering 40 grand mate innit. I come tomorrow for it. I had car up for 76 grand. Utter jokers
Raj. Happy New Year and Abba Father bless you. I would love to buy it but dont have the current means since i have my own small collection of american muscle car. What if you raffle the M3? Im sure you could get more in profit if you take that route.
Awesome vid as always very valid rant I think the very last classic that are a bargain to pick up cheap is the audi TT MK1 i think they will shot up in the next 5 years what's your thoughts 😀
Absolutely gorgeous motor, owned a classic Beemer myself, however, it dis catch my ears when you mentioned Meguires spent 2 & a half day on the car…. Is that it!! Love the content & vids but common man 2 & a half days just ain’t enough to get summit brilliantly perfect, The level of detail that can be dosed into these cars is unbelievable, I wouldn’t of seen it out my shop for a minimum 4-5 days to even gain the life back into it, Taking in to account if it’s that mint of a car with paper work history etc, Go further to even restoration of the underside, treating the rust etc, so much more level detail to be exposed🙏
Appreciate the feedback. Meguiar's did not charge for the detail, deep clean etc - it was carried out purely as a goodwill gesture as we are a good customer of theirs 👍🏽
I remember when my dad sold his 850i e31 with 178k km’s in calypso red for 19k and some guy deposited 1k and then didn’t say anything for almost a year 😂 (car has been sold already to another guy)
Its getting worse. I sold my car on ebay during Christmas (its the best publicity while men sit at home) and a bloke clicked "buy it now" then ghosted. This took the publicity off the car. Relisted and there are less views in Jan.
Took a car out on finance but they mis sold it to me with issues ( after them doing their 150 point check) had to argue for a month with the finance company who finally agreed with me. Returned the car back to the garage i got it from. They then said oh we can’t find any of the documents. Which I left in the car. Had to go get a new v5c. Drop that off to them in Watford then a whole month later after chasing them every day finally got my £2499 deposit back. What a nightmare 2 and a half months I had to end 2024😂
Pyramid schemes are dependant on a fresh flow of newcomers with investoritus. Good to see that supply is diminishing. I'd rather see these cars on the road owned by enthusiasts than sitting in a garage of a lazy investor.
If you’ve received a deposit, that’s part performance of the contract. Now that it’s clear that the purchaser will not honour his part, you can take reasonable steps to resell it (which you have by posting this video) and, if you can be bothered, look to the original purchaser for any loss you’ve suffered by his breach. That means sue him. You may not want to. It’s a pain. But he’s way more likely to have, say, £5000 than £55,000. Good luck,
A lot of these people driving fancy sports cars are actually broke. I saw a guy pulling out of a crappy little apartment parking structure in a 992 Carrera. If your potential buyer was a legit contender, he’d just pay the money. If you gotta finance it, you need to lower your budget to 10k £!
I contacted a guy selling a e30 m3 who said a gang of Asians had left 5 ton @ a grand less a week ago and was supposed to come 1st 3 days later then the following week but didn’t , I said do you think they’re gonna Welsh on the deal no he goes I dunno if they don’t come next Saturday as promised I’ll let you know. So I’m sat there and after a hour I thought what would these people do in my shoes so I thought I know I’ll offer the full whack and come nod collect it tomorrow. So matey has a think and I said tell your mrs what shoes would she buy with a grand and I get a message back saying come and get it . There’s someone in Brum missed out on £20 grand profit as that’s what I got outta it selling it overseas to a collector of M Cars 😂
@@rajsangha911 i would definitely buy a raffle because that version of car is one of my favorites. Love your timeless collection of cars. Keep up the great content. Very authentic content! Bravo!
I think you were way too generous with the time scale you gave the buyer. Yes things happen but 4-5 months of messing about? taking the pee in my book. Also why is Parm calling you half 1 in the morning going bruv bruv bruv?....... 🤣🤣
You need to realise the classic market has softened a lot. E30 m3 not super desirable due to scuttle shake and yours needs a new roof and paint job 10k?. Euro prices are asking and not sold prices. Not many have 60k cash to spend on a car. You may have had offers online, totally different to someone coming up with cash and viewing the car. This is not a Porsche with strong residuals, BMW residuals are much softer typically. The days of flipping classics for a profit are over. Good luck with the sale.
Appreciate the feedback and I do agree with your points. However, second time around and with the car priced a little cheaper, it sold within 24 hours. Now onto the next project 👍🏼
You’ve lost potential buyers over the time you’re entitled to keep the deposit , if you wanted to be fair and sleep well discount the selling price from what the ghost paid you ….
I watch the channel and sometimes it's quite good, BUT more times out of good it's bad, might be why it only has 8.4K subs everyone seeing what I'm seeing, the way Raj comes across is that's it's always someone else's fault, just like this video, Raj the business don't know, they always seem to do all the less expensive jobs on the cars he wants to sell leaving the new owner with big bills, but also want top dollar for them - this video says if we do the work the price will go up, do it prove me wrong, do the work, make it as special as you say it is, then sell it for what you think it's worth and provide a bill of receipt with VAT number, then and only then will I take this channel seriously - your not a chancer but these videos' make you out to be one, you may need to look how you come across, you seem a very negative person trying to put on a positive outlook and it's just not working for me, don't know about anyone else, maybe I'm wrong but that's how the videos' make me feel
Thanks for your feedback but I don't get your point. I'm not a car trader and neither is the business and we have never claimed to be one either. These cars are personal assets so I would not issue a VAT receipt with the sale. The point of this channel is to showcase my cars, the journey, passion and pitfuls 👍🏽
@@rajsangha911 You need to highlight the hidden benefits, in a few years the car is road tax, MOT and ULEZ free. Rust free car, with tasteful upgrades The low running and maintenance and classic car insurance. The potential profit once it hits 40 years, as an excellent daily driver.
I disagree, the person who did not buy the car new what he was getting himself into! If Raj sells a car that needs a bit of work he highlights what needs to be done. If a person then takes it upon themselves to do it that is not Raj fault, it is normal. If known issues are not declared that is another issue. Some people buy cars that need work , obviously if work is done the price will increase. Because the price it is now reflects the condition. If you have a car with defects you will advertise it at a certain price , if you get work done the would not be the same. And Raj has a collection, he is not car dealer so VAT is not needed. Not been funny but you do not know much about cars how you coming across
Buying and selling cars... Very weird and wonderful business this ie meet some great people and some stranger danger people Every time I have sold a car, I always put on the receipt ie full. Payment to be made within 7days minus non refundable deposit and car to be collected within 7 days, another 7 days grace will be given at £50 per day storage charges and car will be back on the market after with a lower price ... Minus the deposit I know of a seller, that kept 10k deposit on a car that was originally sold for over 6 figures... The buyers had more money than sense... These things happen in the car buying, selling side Good. Luck with the sale of the E30 M3.. Ps... I don't buy or sell. Cars to the people from. Certain communities... Why... They want cars for free and some
Thanks Steve and appreciate the feedback as always. Buyer has lost the deposit on this transaction - for me it's the extra time and energy I've wasted!
Selling cars can be very painful and frustrating as half of the people who make these insulting offers don't have the money to start with. Unfortunately it is not a sellers market anywhere in the world right now so these annoying dreamers are in full flight and think they can get the car for next to nothing. Best of luck with your sale and lets hope the tyre kickers do not disturb you
It is so frustrating. We all understand circumstances can change, but people should be transparent about.
Honesty is always the best policy.
Totally ... for me, it's the additional time and energy that has been wasted.
Hi Raj, I see deals like yours happening in Taiwan. A dealer takes interesting cars off the market, gets free parking/storage and pays the full amounts when he has the money and sees fit to move it on. BTW: awesome collection and great content
Appreciate the feedback 🙌🏽
A long Deal is never usually any good .
great car , I had the non cab version in 1991-92 .
As iconic the e30 M3 is, it’s simply not in the same league as an escort or siera cosworth.
Really? I think the e30 M3 is definitely more iconic - but each to their own!
I had this issue before, so I always include on the bill of sale that deposits are non-refundable under any circumstances. Period. I hope you kept the deposit-it’s his loss-or did you refund it? Time was wasted, and you also had to store the car.
Always take a 20% deposit and give a two-week window for the final payment. We’re adults, not kids buying toy cars. It’s a stunning car, and situations like this shouldn’t happen.
Receipt issued and deposit has been kept as it was non-refundable. Fingers crossed this time round it's a simpler and faster sales process
20% deposit and keep , ruthless !
@@MaxMax-th7uz People need to understand that this is a business deal, period. Therefore, since they are not children, they have agreed to the terms or deal. Yes, things happen, for sure, but that's what contracts are for. Without them, everyone would keep changing their minds, and no deals would ever be finalized on anything.
@ I sell cars , I have had more than my fair share of messers ! customers have to many rights ! buy getting a 20%deposit On a £60k car and keeping it is greedy !
Keeping £1000 /£2000 is fine for being messed about for 2 months , but seller let it drag on cause he didn’t have any other buyers tbf
@@MaxMax-th7uz The seller seems to have given the buyer every opportunity. Remember, the seller now has a car that is marked as sold. This means they are liable to keep the car in show condition and store it, which takes time and resources. Other buyers are lost in the process, leading to significant revenue loss.
I get your point, and that's exactly why I said buyers are not kids-they are fully grown adults. Don’t get into a situation unless you are 100% ready to deal with it.
Wishing you the best with sales this year! Who knows, I might end up being the new owner of the M3. Haha!
Market dictates price. If there is no one wanting to pay $60k then that's the wrong price.
The car sold at close to £60K last year and I had a fair few other offers at a similar level.
@@rajsangha911so why not take those offers?
Not many people have 60k knocking about, so Raj shouldn't have to lower his price just so it suits the buyer. Everyone knows a E30 M3 aren't gonna be cheap, so get butt hurt when they can't afford the listed price. As he mentioned, the other cars listed are 20-30k more. Good luck selling it Raj, it''s a lovely motor
@@surjkooner Many people do have the money
How do you know he has fallen ill or even passed away I'm sure he would of left you his other contact numbers or address
I know the pain. Last year sold my 2021 rs7 c8. 815 bhp car. 96 percent of calls Asian guys from midlands offering 40 grand mate innit. I come tomorrow for it. I had car up for 76 grand. Utter jokers
😂
You'll always attract chancers which is exactly what I experienced. Hopefully you're car has now sold 👍🏼
Keep it and wait for the right buyer. It may take time and in the meantime you can still enjoy it.
People can be a nightmare to deal with and if someone calls after 10 I'm not answering
Everybody that drives the e30 m3 will know after the drive that it isnt worth this much money.
It is a classic car now , it was the first M3 and was homolagated , light weight and nimble , modern M3 very heavy yes much faster
I disagree but each to their own 🤷🏼♂️
Raj. Happy New Year and Abba Father bless you.
I would love to buy it but dont have the current means since i have my own small collection of american muscle car.
What if you raffle the M3? Im sure you could get more in profit if you take that route.
A raffle ... it's got me thinking 🤔
Awesome vid as always very valid rant I think the very last classic that are a bargain to pick up cheap is the audi TT MK1 i think they will shot up in the next 5 years what's your thoughts 😀
Cheers 👍🏽 / Clean, low mileage Audi TT MK1's are already increasing in value.
That interior re die looks seriously impressive. Is there a video on the process?
yes - covered in this episode: ruclips.net/video/OPN3teM6abM/видео.html
I know what you mean, i bought a escort mk2 Mexico for a grand once very clean condition, wish i could do that now.
Wish those days could come back!
Raffle it! Great video Raj. 😊
Put it up for auction!
Someone needs to get a hold of Chip at Chicanos.
We've already had a chat 😉
Absolutely gorgeous motor, owned a classic Beemer myself, however, it dis catch my ears when you mentioned Meguires spent 2 & a half day on the car…. Is that it!!
Love the content & vids but common man 2 & a half days just ain’t enough to get summit brilliantly perfect,
The level of detail that can be dosed into these cars is unbelievable,
I wouldn’t of seen it out my shop for a minimum 4-5 days to even gain the life back into it,
Taking in to account if it’s that mint of a car with paper work history etc,
Go further to even restoration of the underside, treating the rust etc, so much more level detail to be exposed🙏
Appreciate the feedback. Meguiar's did not charge for the detail, deep clean etc - it was carried out purely as a goodwill gesture as we are a good customer of theirs 👍🏽
I remember when my dad sold his 850i e31 with 178k km’s in calypso red for 19k and some guy deposited 1k and then didn’t say anything for almost a year 😂 (car has been sold already to another guy)
Its getting worse. I sold my car on ebay during Christmas (its the best publicity while men sit at home) and a bloke clicked "buy it now" then ghosted. This took the publicity off the car. Relisted and there are less views in Jan.
Agree, selling cars in winter time can be very tricky!
£60,000 in this market 😂😂😂😂😂😂😂😂😂😂😂😂😂👍
Well, it sold within 24 hours of this video being released 🤷🏼♂️😊
£37k tops!
Sold within 24 hours of this video being released and very close to the asking price! So, definitely priced right 😊
Id say take a gamble and hold on to it until summer
I'm glad it sold very very quickly this time round to a genuine enthusiast 👍🏼
Took a car out on finance but they mis sold it to me with issues ( after them doing their 150 point check) had to argue for a month with the finance company who finally agreed with me. Returned the car back to the garage i got it from. They then said oh we can’t find any of the documents. Which I left in the car. Had to go get a new v5c. Drop that off to them in Watford then a whole month later after chasing them every day finally got my £2499 deposit back. What a nightmare 2 and a half months I had to end 2024😂
Sorry to hear, sounds like it was a proper nightmare!
@ yeah Raj defo was. Happy to say everything’s finally over so hopefully everything will be better for you with the barn find m3
if your selling things - its called haggling - if you don't ask you dont get -
There is haggling and then there is low-balling/bordering on being rude 🤷🏼♂️
@@rajsangha911 if you don't ask you don't get - first rule in life !!
@@rajsangha911 communism
The second hand market is overpriced and not value for money ,a fall is on the way, some people just make a low bid just to flip the car
Maybe a correction rather than a 'fall' is on the way 🤷🏼♂️
Damn Raj, you even put the poor guy on your thumbnail.
That's not him - it's an AI generated pic 🤣
@@rajsangha911 🤣😅
Pyramid schemes are dependant on a fresh flow of newcomers with investoritus.
Good to see that supply is diminishing.
I'd rather see these cars on the road owned by enthusiasts than sitting in a garage of a lazy investor.
If you’ve received a deposit, that’s part performance of the contract. Now that it’s clear that the purchaser will not honour his part, you can take reasonable steps to resell it (which you have by posting this video) and, if you can be bothered, look to the original purchaser for any loss you’ve suffered by his breach. That means sue him. You may not want to. It’s a pain. But he’s way more likely to have, say, £5000 than £55,000. Good luck,
Appreciate the feedback - I'm just glad the car has now sold and I can at last move on with other projects!
A lot of these people driving fancy sports cars are actually broke. I saw a guy pulling out of a crappy little apartment parking structure in a 992 Carrera. If your potential buyer was a legit contender, he’d just pay the money. If you gotta finance it, you need to lower your budget to 10k £!
I contacted a guy selling a e30 m3 who said a gang of Asians had left 5 ton @ a grand less a week ago and was supposed to come 1st 3 days later then the following week but didn’t , I said do you think they’re gonna Welsh on the deal no he goes I dunno if they don’t come next Saturday as promised I’ll let you know.
So I’m sat there and after a hour I thought what would these people do in my shoes so I thought I know I’ll offer the full whack and come nod collect it tomorrow.
So matey has a think and I said tell your mrs what shoes would she buy with a grand and I get a message back saying come and get it .
There’s someone in Brum missed out on £20 grand profit as that’s what I got outta it selling it overseas to a collector of M Cars 😂
People see a car for sale privately and they all think you are selling because you are desperate and starving
What's going on with your 840CI
Parked up at the moment due to the horrible winter weather and salt on the roads 👍🏼
They are very overrated and overpriced. But then again each to their own
But you could say that for many classic cars?
The m3 works better with a roof you should weld a roof on and may sell quicker
That defeats the whole point of a convertible 👀
Raffle with an x amount of deposit and x amount of participants.
Maybe that's the route I should take... 🤷🏻♂️
@@rajsangha911 i would definitely buy a raffle because that version of car is one of my favorites. Love your timeless collection of cars. Keep up the great content. Very authentic content! Bravo!
I think you were way too generous with the time scale you gave the buyer. Yes things happen but 4-5 months of messing about? taking the pee in my book.
Also why is Parm calling you half 1 in the morning going bruv bruv bruv?....... 🤣🤣
Agree, I have been extremely relaxed and generous but it's time now to call it a day and move on. As for Parm calling me... that's quite possible 🤣
I’m interested to know what do you do with the wasters money… spend, keep safe, give back. Tricky if he’s ignoring you..
It's a non-refundable deposit. Potential other buyers lost in the process, storage fees, it's still insured, taxed etc etc
To be honest, the e30 world is pretty toxic, i even had back and forth with koz on the e30 forum
I tend to find it's mainly keyboard warriors who have 'missed the boat' that bring the e30 world down!
Raj, you should do RAFFLE on bmw E30 💯 💯 £12 ticket 😉
You need to realise the classic market has softened a lot. E30 m3 not super desirable due to scuttle shake and yours needs a new roof and paint job 10k?. Euro prices are asking and not sold prices. Not many have 60k cash to spend on a car. You may have had offers online, totally different to someone coming up with cash and viewing the car. This is not a Porsche with strong residuals, BMW residuals are much softer typically. The days of flipping classics for a profit are over. Good luck with the sale.
Appreciate the feedback and I do agree with your points. However, second time around and with the car priced a little cheaper, it sold within 24 hours. Now onto the next project 👍🏼
Spring time it will sell Raj.
Sold very quickly second time round 😊
people are just total timewasters
You’ve lost potential buyers over the time you’re entitled to keep the deposit , if you wanted to be fair and sleep well discount the selling price from what the ghost paid you ….
totally - I'm just glad the car sold very quickly second time around
The market has changed...£55k is not realistic...difficult to sell any BMW over £30k
£60K last year was on the money. I have now reduced the price to £55K 👍🏽
@@rajsangha911still to hight buddy , them good times are behind us buddy 😂👍
If I had £55k I would ave it. People are dicks.
I watch the channel and sometimes it's quite good, BUT more times out of good it's bad, might be why it only has 8.4K subs everyone seeing what I'm seeing, the way Raj comes across is that's it's always someone else's fault, just like this video, Raj the business don't know, they always seem to do all the less expensive jobs on the cars he wants to sell leaving the new owner with big bills, but also want top dollar for them - this video says if we do the work the price will go up, do it prove me wrong, do the work, make it as special as you say it is, then sell it for what you think it's worth and provide a bill of receipt with VAT number, then and only then will I take this channel seriously - your not a chancer but these videos' make you out to be one, you may need to look how you come across, you seem a very negative person trying to put on a positive outlook and it's just not working for me, don't know about anyone else, maybe I'm wrong but that's how the videos' make me feel
Thanks for your feedback but I don't get your point. I'm not a car trader and neither is the business and we have never claimed to be one either. These cars are personal assets so I would not issue a VAT receipt with the sale. The point of this channel is to showcase my cars, the journey, passion and pitfuls 👍🏽
@@rajsangha911
You need to highlight the hidden benefits, in a few years the car is road tax, MOT and ULEZ free.
Rust free car, with tasteful upgrades
The low running and maintenance and classic car insurance.
The potential profit once it hits 40 years, as an excellent daily driver.
I disagree, the person who did not buy the car new what he was getting himself into! If Raj sells a car that needs a bit of work he highlights what needs to be done. If a person then takes it upon themselves to do it that is not Raj fault, it is normal. If known issues are not declared that is another issue.
Some people buy cars that need work , obviously if work is done the price will increase. Because the price it is now reflects the condition.
If you have a car with defects you will advertise it at a certain price , if you get work done the would not be the same. And Raj has a collection, he is not car dealer so VAT is not needed. Not been funny but you do not know much about cars how you coming across
@@gmain1977 thanks I'll take that on board, if only you knew, what I know about cars, but I'll leave you guessing... I know you don't...
You can’t afford it you don’t buy it
Buying and selling cars... Very weird and wonderful business this ie meet some great people and some stranger danger people
Every time I have sold a car, I always put on the receipt ie full. Payment to be made within 7days minus non refundable deposit and car to be collected within 7 days, another 7 days grace will be given at £50 per day storage charges and car will be back on the market after with a lower price ... Minus the deposit
I know of a seller, that kept 10k deposit on a car that was originally sold for over 6 figures...
The buyers had more money than sense... These things happen in the car buying, selling side
Good. Luck with the sale of the E30 M3..
Ps... I don't buy or sell. Cars to the people from. Certain communities... Why... They want cars for free and some
Thanks Steve and appreciate the feedback as always. Buyer has lost the deposit on this transaction - for me it's the extra time and energy I've wasted!
@@rajsangha911 time, energy wasted... It's part n parcel of selling n buying cars.. We just wish more buyers like Parm where around lol
I bet the guy is Desi.