Dealer's mistake sees car sold for $1
A BMW for $1. Sounds too good to be true, but for one Trade Me buyer it was obviously his lucky day.
The 1994 blue BMW 320i was listed yesterday morning with a $1 reserve by Christchurch car dealership Stadium Cars.
Before lunchtime, it had been snapped up by Justin Van Malland, who bid under the name "bignz" of Rangiora.
He clicked on "buy now" and within seconds was the proud new owner of a tidy, second-hand European car.
Stadium Cars manager Mike Nokes said the $1 buy now was an error.
Each week the dealership puts up cars for auction on the site with $1 reserve. However, the buy-now option was mistakenly added to the latest one.
"I thought, 'Whoops', but it is what it is," Nokes said.
"You can only laugh about it."
It was the cheapest car sold by the dealership "and hopefully the only car we sell for $1".
The winning bidder picked up the car yesterday afternoon.
"Obviously not an ideal outcome for us as the seller," Nokes said.
"However, we are firm believers in the auction process and for it to be fair to buyers and sellers alike."
The car probably would have sold for $3000 if the auction had run as planned.
When The Press rang Van Malland's cellphone, a flatmate answered to say the lucky new BMW owner did not want to speak to the media, and his phone had been ringing "non-stop for five hours".