No Reserve 2007 BMW 550i Luxury Sedan 4-Door 4.8L V8 Auto RWD Navigation

Fast & Fun 550i…

Just coming in, here is a luxury race car that is fast as heck, looks just beautiful inside and out, and runs beautifully too. The 4.8L V8 sounds great, is fast of the line and there are no puddles underneath. The transmission shifts beautifully, brakes feel great, suspension is rock solid with no noises, the only warning light is for a Tire Pressure Sensor but it’s sitting on a nice set of tires with better than 50% tread that hold air and ride out fine. A very common occurrence on these V8 BMWs is after sitting at an idle for an extended period of time, a cloud of smoke will exit the exhaust when you take off again and this one did it one single time in the week I drove it but it’s ready to drive and enjoy just the way it is. The interior is near perfect with no wear and tear on the power and heated black genuine leather, carpets are perfect, headliner is clean and dash looks great. All the power options work including factory navigation, A/C, and heat and there are no bad odors of pets or smoke inside. The body looks excellent with straight lines, no dents, no signs of rust anywhere and only the smallest nick, dings and light bumper scratch to mention which comes with the year and miles. The factory wheels look great as well. If you were looking for a specialty sedan that is fast, fun, and affordable, here is a healthy one that will be sold with No Reserve to the highest bidder so thanks for looking and good luck with the auction.

Best regards,

Barry

Michaels Auto Center

457 Old York Road(mailing address)

6528 Lower York Road (pickup address)

New Hope, Pa. 18938

215-862-9677

Mon-Fri9-5PM

Sat9-12PM

What we do….

My name is Barry and I own Michael’s Auto Center in New Hope, Pa. We sell on the average 15 to 20 cars a week on eBay on a wholesale AS-IS basis and have done so for the past 10 years. We buy our cars from the local new car dealerships just as they are traded from their previous owners. We sell exclusively on eBay auction to other dealers and the general public and advertise them in their as-is state as we would sell to another used car dealer. We have since sold over 6000 cars in this fashion. We start our cars at an opening bid of $500 or $1000, accordingly, and sell every car with no reserve and list the cars for 5 days. At the end of the auction, the cars are sold whether they win or lose money but rest assured they are sold. We don’t clean them, we don’t repair them, and try to describe them to the best of our ability. We don’t pull the wheels to check the brakes but drive them to determine what we feel is wrong. If dash lights are on, we tell you and if they are not on and come on for you on your trip home, it is your responsibility as our cars are sold AS-IS. If you should encounter a major problem, we are here to help you and won’t leave you in the lurch but will not be responsible for minor cosmetic or mechanical defects that come with being an as-traded used car. It is the buyer’s responsibility to perform a pre-sale inspection or express any and all concerns prior to placing a bid and prior to winning the final binding auction. If you win an auction and we don’t receive your $500 deposit within 24 hours of auction end, we will relist the car or offer a second chance offer to the next highest bidder. This is an opportunity to buy a car well below the average retail value if you are receptive to these terms.

Please see a detailed write-up below for information on motor vehicle license plates for both Pennsylvania and out-of-state residents and more about our business and method of selling. Thanks for reading these terms and conditions and we look forward to meeting you.

Wholesale & Prior to Re-Conditioning

The cars you see on our eBay auctions are what we would call “raw trade-ins” from the new car dealers. These are cars that have not been cleaned, have not been run through shops, and have not been repaired in preparation for a sale. Buying a car in this Wholesale Capacity allows you to buy the car for less money and me to do less work. There will be assumed costs on minor defects and routine-maintenance items that come with being used. If you are receptive to buying a car in this fashion, the savings are yours. Because we sell our cars all over the world and in every state, inspections are not guaranteed in any state as each state differs in their requirements so it is virtually impossible for us to guarantee inspection. Options such as power windows, cruise control, air conditioning etc. are not guaranteed however we will do our best to mention any items that are not working.

Administrative Fee

We have sold over 5000 cars on eBay in the last six years and have never charged any fees. However, the cost of doing business recently has skyrocketed out of sight and we are forced at this time to ask for a nominal $75 fee on top of the price of the car sold and any motor vehicle fees. I truly apologize for this change in policy however the cost of doing business and the increasing number of no show bidders dictates this moderate administrative fee.

Motor Vehicle & Issuing of Plates

Within walking distance of our car lot, there is a Pennsylvania-state motor vehicle agent that will issue Pennsylvania license plates and out-of-state temporary 30 day plates. They will accommodate all our customers within their normal business hours which are 9-5PM on weekdays and on Saturdays from 9-12PM, same as our hours. You can of course bring your own license plates / temporary tags if your state allows. It is mandatory that if you need plates you bring with you your drivers license and your insurance card for your present car. Names, addresses and dates must be valid on both items.

“0” feedback bidders should call or email prior to placing your bid

We do not want to discourage you from bidding, only to verify that you are serious! Without this contact your bid will be cancelled.

Payment

If you are a winning bidder, kindly contact me via email immediately at the end of the auction for verification. Our requirements are that the high bidder should pay an immediate deposit of $500 via PayPal upon completion of the auction and the car should be paid in full within 7 days via cashiers check, cash if in person or money order. The deposit can also be made over the phone via MasterCard or Visa; however, payment in full cannot be made with a credit card or PayPal. If payment of the car is not fulfilled within the specified time, the car will be offered for re-sale and feedback will be left accordingly. Let’s not waste each other’s time.

Bid with confidence

We pride ourselves on selling automobiles in an honest and professional manner. Rest assured, we will do everything possible to make your buying experience a pleasurable one, especially after the sale.