Here’s my first and only experience thus far with buying a car out of state ( I have bought car’s from in state and hours away site unseen before but this is my first out of state one).
Back in October I was looking at M3’s and found one in great condition in Indianapolis, Indiana. After checking price, mileage, packages, mods, etc. I found it to be what I wanted in my price range. Spoke to my bank and was approved for the loan.
1st step. Discussion of maintenence, will it make the trip from Indy to NY, etc.
—Of course the owner said it was perfect, had a 3 ring binder full of maintenence, told me it had a new water pump with metal impeller (common flaw with M3’s w/ plastic impellers).
—Agreed on a few hundred off the asking price due to the rear tires needing replacement after coming back to NY.
2nd step. Discussion of title/acceptance of checks via bank/Indiana temp tags?
—this turned out to be a problem. He had a lien on the title and in Indiana the bank holds the title. His bank being Capital One online, it would take 6-10 days for them to mail the title/lien release to him after it was paid off.
—Indy also didn’t issue temp tags according to what I found on the DMV.
—Luckily my Dad owns a few dealerships and has numerous dealer plates, so he let me borrow one to drive the car back.
3rd step. Transport out there. Fly? Drive? Bus?
—MPD47 decided to go out with me and take a look at the car with me since he is a BMW guru I knew he would know what to look for to see if the car had been beat on, or if it was a good deal. So we did a road trip out to Chi-town (for other business) then to Indy.
So everything went fine the car was perfect, the guy seemed chill, signed the checks over to him, got a signed bill of sale, put the plate on, taped the front end off, gassed up and on our way we were.
PROBLEM #1:
About 120 miles out of Indy just before the Ohio border the temp spiked and the light came on for it overheating, oh shit.
Pull over, take a look and the radiator end tank snapped off.
Look through the binder and there’s no maintenence of the cooling system being overhauled as he had claimed it had.
Called the owner, he said he would pay for parts to get it fixed otherwise I was going to stop payment on the checks and he could come pick the car up. Sounded all good to me.
Ended up having to tow the car back from Indy using a U-Haul.
After a week of arguing with the P/O and more problems (see below) we got the car fixed.
As MPD assumed not only the radiator broke, but the water pump impeller was plastic not metal as I was told. After replacing all the parts needed the car ran perfect so there was no reason to return it.
PROBLEM #2:
The guys bank would not accept my checks the next day, although they were certified bank checks and they even called my bank and verified the amount, they still wouldn’t accept them. They assumed my bank was fraudulent.
So now he was pissed about the checks, and me about the car. Eventually my bank did a free wire transfer to his account (minus a set aside amount for me for the tires & parts he agreed to pay).
Now he was pissed saying the bank shorted him 1100 dollars. I explained that they took out the 400 we agreed on difference for the tires, and then the rest for the parts it would take to make the car right again.
He wanted me to mail him the 700 to fulfill the original agreement, and then he would send it back to fulfill the 2nd agreement (dumbest thing I had ever heard and knew he was just trying to screw me & wouldn’t send it back) but he had the title still and was refusing to mail it so what could I do?
After a call to my father and the Indiana State Police, I was confident that I was in the clear and informed him he had to mail it since he had his money and if not I would be contacting the State Police I had spoke to regarding the issue.
Within the next couple weeks I had the title (kept saying he mailed it out and it bouncing back, etc.) but this was rediculous I bought the car early October, but didn’t get the title til November and was on a dealer plate the entire time.
Needless to say if I ever did it again I would do a few things different but the car is a dream and haven’t had a single problem since.