It seems we hear about stealerships trying to con their way out of an auction gone wrong on a nearly weekly basis. So when we heard that a New Zealand dealership accidentally listed a BMW with a $1 Buy-It-Now, we were expecting a prolonged legal battle.
Instead, the dealer honored the sale. Good for them.
A lucky buyer noticed the mistake and immediately bought the 1994 BMW 320i for $1. Normally, the dealer would expect around $3000 for the car. But once the car was sold for $1, the dealer honored the mistake.
When asked about it, the dealer gave an answer that made us want to trust car dealers everywhere:
We are firm believers in the auction process and for it to be fair to buyers and sellers alike.
That's it, we're buying our next car in New Zealand.
(Hat Tip to Doug!)