Categories: News

He puts his car up for auction and… has to buy it back for more!

The owner of this Mercedes-AMG G-Class 63 got caught up in his own game by trying to sell his 4×4 at auction.

Even if it is not very common in France, it is normal to sell your car through online auction houses In other countries. The owner of Mercedes-AMG Classe G 63 decided to do this in order to obtain the best possible price for his vehicle, but he found himself at having to pay more to buy your own car! This surreal story took place on the Bring A Trailer (BaT) site, dedicated to car auctions.

A not really profitable sale

The value of this 4×4, at V8 engine developing 585 horsepower, with a maximum torque of 850 Nm, is estimated at around 216,000 euros. Then add direct injection, two turbochargers and a cylinder disconnection system. There therefore exists few SUVs as powerful than the one that was put up for sale and this owner was hoping get a good price.

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He tries everything for everything

However Bring A Trailer, like all auction houses, takes a commission of 5% on each managed auction. For example, if the sale amounts to 100,000 euros, the buyer must pay 105,000 euros and the 5,000 are intended for the website. But as this owner wanted to play smart, he found himself in a lot of trouble. Concretely, he asked a friend to outbid the price of his car, in order to artificially raise its price. This technique is unethical because it charges another buyer more than the value of the property. Not only did the friend of the owner of the Mercedes-AMG G-Class 63 make an offer, but so did he!

The initial price was 90,000 dollars (84,595 euros, at the current exchange rate). Then the owner made an offer at $86,000 (80,836 euros) to reevaluate it. In doing so, he committed to paying the 5% commission for the site. No one offered more than $86,000 and the owner of the 4×4 therefore had to pay $4,300 (4,041.81 euros), or 5% of the sale at the auction site. So he paid this amount for a car… which belonged to him! Despite a last attempt to sell his car to the highest bidder (except him), the director of the website refused his proposal because the owner of the car admitted that a friend of his had outbid him…. The author offraudulent auctions will definitely not try the experience again anytime soon!

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