Jump to content



Photo

BMW accidentally sells for $1

new zealand computer typo

  • Please log in to reply
15 replies to this topic

#1 Hum

Hum

    totally wAcKed

  • 62,887 posts
  • Joined: 05-October 03
  • Location: Odder Space
  • OS: Windows XP, 7

Posted 11 August 2012 - 13:57

The dealership, Stadium Cars in Christchurch, frequently offers cars on online auction sites with a one New Zealand dollar reserve — about 81 cents in U.S. currency — allowing the vehicles to sell at any price the market demands. In this case, however, that $1 figure was entered into the wrong field, allowing any buyer with a single dollar the opportunity to instantly purchase the car.

Before the dealership could realize its mistake, that's exactly what happened — a buyer identified only as "bignz" wound up getting the deal of his or her life: a 1994 BMW 320i.

According to the dealership, the $1 sale was most definitely an unintended mistake — after all, the car in question was worth the equivalent of $2,400. Still, they're going to honor the sale, because, according to dealership manager Mike Nokes, "we are firm believers in the auction process and for it to be fair to buyers and sellers alike."

Before you start booking a flight to New Zealand to grab your own one-dollar car at auction, know that the dealership is going to be much more careful in the future. "[The BMW is] hopefully the only car we sell for $1," says Nokes.

more


#2 Simon-

Simon-

    Neowinian Senior

  • 10,724 posts
  • Joined: 04-November 02

Posted 11 August 2012 - 14:49

It would probably be a bomb on maintenance of such an old European car

#3 Arceles

Arceles

    Time Craymel

  • 2,101 posts
  • Joined: 28-November 09
  • Location: 4th dimmension.
  • OS: Win 7 Ultimate / Win 8.1 Pro (With Start Menu Start8, otherwise is UNUSABLE) / Android 4.1.2 Jelly Bean
  • Phone: XT890 Motorola RAZRi (x86 processor)

Posted 11 August 2012 - 14:57

Still 1 dollar, nothing to loose except repairs that is...

#4 theyarecomingforyou

theyarecomingforyou

    Tiger Trainer

  • 16,446 posts
  • Joined: 07-August 03
  • Location: Terra Prime Profession: Jaded Sceptic
  • OS: Windows 8.1
  • Phone: Galaxy Note 3 with Galaxy Gear

Posted 11 August 2012 - 15:00

Considering that it costs a lot more for traditional advertising I really don't think the dealership is going to lose out here.

#5 farmeunit

farmeunit

    The other white meat.

  • 2,910 posts
  • Joined: 05-May 03
  • Location: Branson, MO USA

Posted 11 August 2012 - 15:16

Considering that it costs a lot more for traditional advertising I really don't think the dealership is going to lose out here.


That's exactly what I was thinking.

#6 Eddie7

Eddie7

    Hallo... www.connectw.me

  • 799 posts
  • Joined: 01-December 11
  • Location: Sydney, Australia
  • OS: Windows 7 Ultimate
  • Phone: 1-800-CALL-ME-MAYBE

Posted 11 August 2012 - 17:48

Lucky guy.

#7 threetonesun

threetonesun

    Neowinian Senior

  • 11,943 posts
  • Joined: 26-February 02

Posted 11 August 2012 - 17:51

Been there done that, although it was a video game, not a BMW. :laugh:

#8 Growled

Growled

    Neowinian Senior

  • 41,508 posts
  • Joined: 17-December 08
  • Location: USA

Posted 12 August 2012 - 01:07

I beat they won't be making that mistake again.Ever.

#9 azspeedbullet

azspeedbullet

    Neowinian

  • 256 posts
  • Joined: 01-March 12

Posted 12 August 2012 - 01:09

I wonder if the dealership might try to pad the bill with various taxes/fees and other surcharges

#10 +Chicane-UK

Chicane-UK

    Neowinian Senior

  • 9,788 posts
  • Joined: 02-November 01
  • Location: The UK!
  • OS: MacOS 10.9 Mavericks
  • Phone: Google Nexus 4

Posted 12 August 2012 - 20:30

Publicity stunt? Taking the hit of a $2000 car for advertising that has reached around the world? I'd have never heard of that dealer if it wasn't for that little accident!

#11 HawkMan

HawkMan

    Neowinian Senior

  • 21,702 posts
  • Joined: 31-August 04
  • Location: Norway
  • Phone: Noka Lumia 1020

Posted 12 August 2012 - 21:27

Publicity stunt? Taking the hit of a $2000 car for advertising that has reached around the world? I'd have never heard of that dealer if it wasn't for that little accident!


You woulldnt hae bought anything from the, anyway so...

As for padding with taxes. Well he still have to pay the normal taxes and fees that goes with buying a car, they're not part of the price anyway.

#12 compl3x

compl3x

    Feels good, dunnit?

  • 8,415 posts
  • Joined: 06-December 09
  • Location: Melbourne, Australia
  • OS: Windows 7
  • Phone: Samsung Galaxy S4

Posted 12 August 2012 - 21:39

I wouldn't care if it was a marketing ploy, provided that the auction was legit and some lucky person actually got to buy the car. If it is some con where it was all a set up then that is completely lame.

#13 soldier1st

soldier1st

    Software Tester/Tech/Linux Lover

  • 5,313 posts
  • Joined: 21-December 03
  • Location: Guess Where
  • OS: Windows 7,Android,Linux Mint
  • Phone: HTC Incredible S

Posted 12 August 2012 - 22:12

Glad they honored the deal. If a dealership makes this kind of mistake then they should avoid this in the future.

#14 CG-88

CG-88

    ||Modified||

  • 692 posts
  • Joined: 16-July 12
  • OS: Windows 8.1
  • Phone: Lumia 625

Posted 13 August 2012 - 13:03

If they hadnt honoured the deal could the guy have taken them to court through some false advertisement bullcrap??

I had a videogame equivelent of this situation, $0.01 instead of $40 a few years ago, NFS underground oh yeah :shiftyninja:

#15 siah1214

siah1214

    Neowinian Senior

  • 2,208 posts
  • Joined: 09-April 12

Posted 13 August 2012 - 13:06

Response to now-edited post rendered moot by edit.