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Unwated Maheim Purchase

Mar 9, 2022
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Mike
Hello everyone, I'm brand new to the forum. Just recently received my wholesale license and bought a few cars.

On my last livecast purchase I'm not sure what happened. While waiting for my car to come up, I belive I saw my car on the screen and hit the green bid button. The app refreshed and I saw my name as the wining bidder on the car that ran last before mine. I end up buying my intended car as well.

Has this ever happened to anyone?

I came manheim immediately and was told a supervisor will call me back. Never did. Finally before end if day, sir to a manager who said "too bad, it's yours". I reached to the seller they obviously didn't care.

Its an obvious mistake, because my "wining bid" was 5% over MMR and my intended car was triple the price on the "accidental" purchase. (That's one thing manheim told me, "no way you though you were bidding on car X for that low amount"). With fees I'm 16% over MMR, so no chance of new selling at maheim with w/o taking a loss.

My question is, is there anything Ican do? Maheim said I can't come and arbitration claim. I have not paid for the car yet. I obviously plan to keep buying cars from Manheim so is the anything I can do without ruining a relationship with them?

I'm only wholesale, I had buyers lined up for all my other cars before I bought them. This car needs some body work and paint (or panels swapped out). I can probably get my money (14k) back at the end but I would prefer not to go thought with it, if there is a way out.

All suggestions and comments are welcome.
 
Mike, I feel for you here. My advice is simple, go get your 2 units, get them reconditioned and pictured ASAP, and get them sold.

The fact that the unit wasn't your intended purchase doesn't mean you are buried in it. There were 2 people wanting it right behind you. Oh, and stop looking at MMR in a market like this! You will be fine.
 

✨ AI Highlights

Mike81 accidentally purchased an unwanted vehicle at a Manheim auction due to an app glitch, bidding on the wrong car while waiting for his intended purchase. After contacting Manheim management and the seller, he was told the purchase stood despite the obvious mistake. The experienced responders offer practical advice to cut losses by quickly reconditioning and reselling both vehicles rather than fighting the auction house.

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