Stay away from Marshall Goldman Beverly Hills | Page 2 | FerrariChat

Stay away from Marshall Goldman Beverly Hills

Discussion in 'California (Southern)' started by LABJJ523, Feb 3, 2025.

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  1. INRange

    INRange F1 World Champ
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    Jan 27, 2014
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    JD
    I’m willing to bet the personal insults had something to do with it. As to selling a used Ferrari to an individual with unconventional financing (credit cards, 144 month financing) ……that is a warning sign that the individual may not know what they are getting into.
     
    Shark01, imahorse and kestrou like this.
  2. SDSferrari

    SDSferrari Karting

    Apr 2, 2014
    111
    Southern California
    #27 SDSferrari, Feb 21, 2025
    Last edited: Feb 21, 2025
    A used car dealer is in the business of selling cars. MG Beverly Hills's one and only purpose is to sell cars, as they do not have a service department. Used car dealers only care about receiving the total agreed purchase price of the car from whatever means the buyer arranges. Believe me, used car dealers don't care about if the buyer is getting in over their head as long as the buyer produces the funds needed to buy the car.
     
  3. darth550

    darth550 Six Time F1 World Champ
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    So, by that logic, he should have refused the transaction? LOL Which used car dealer does that? As for the rest, if he's so "Above" people who finance mere low 6 figure cars then he should have acted as such, avoided being petty and kept his mouth shut.

    Either way, there's no justifying his indiscretion, IMO.
     
  4. dyerhaus

    dyerhaus Formula Junior
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    Nov 4, 2012
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    Christopher Dyer
    I certainly agree that there's always two sides to every story, in this case I don't personally know the OP nor have I ever engaged in business with MG, so for me this boils down to he said / she said and which one seems the most credible.

    If a car dealer ever made public even the smallest financial details of a transaction I had with them, I'd be taking them to court as that's a violation of FTC privacy rules. That also means the dealer has lost all credibility in my eyes. Even if the rest of what MG said was true, they violated the trust that should be in place with any transaction. Even if the OP was unreasonable and/or belligerent, the dealer still has no right divulge any of the financial details of the transaction. What the OP paid for the car and the term for which he financed it has no bearing on the story whatsoever.
     
    Sergio Tavares, timjen88 and darth550 like this.
  5. imahorse

    imahorse F1 Rookie
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    Op had ridiculous expectations. Old Ferraris are sub par quality and sometimes **** happens when repairing them. They are a bit more tempermental than a corolla.....

    The dealership coming to defend itself was fine, but divulging that much personal info was a bit uncalled for.
     
    ForeverNA, Racer_X, u2driver and 2 others like this.
  6. INRange

    INRange F1 World Champ
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    True…..but it made it fun to read. Lots of buyers and sellers in the world that are ridiculous ass wipes.
     
    u2driver likes this.
  7. ForeverNA

    ForeverNA Formula 3
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    Dec 14, 2014
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    both parties, I surmise, did not have much experiences of being on either side of the slander lawsuits. lol.
     
  8. PenP

    PenP Formula Junior
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    Jun 20, 2006
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    Pen Pendleton
    ---------------------------------------------------------------------------------------------

    Victim shaming - not cool. Why iso intent on defending these guys? (And you ARE defending them, as well as blaming the customer.... for getting ripped off! "Enough blame to go around" - seriously?! Well, congratulations to you for dodging every single raindrop life has tried to drop on you.) This is a fellow owner/driver who got obviously - and purposefully - scammed, and here he is on FC doing us all a public service. Juries?!! You're watching too much TV, my friend and making ill-informed assumptions and presenting them as 100% truth. Who do you think are responsible for the vast majority of business-related lawsuits? Rich people! Rich people vs. rich people! Some folks on juries may indeed not like rich people all that much, but that's not their job!! And they take an oath to do their job. If you are impaneled on a jury for a fraud case, you are in the position to judge the evidence of fraud, how much money the victim has is irrelevant. Luckily for our society, a key thing most people, rich or not (also called the "jury pool"), do not like is businesses or people who are proven to be liars and scammers. Rich and poor alike work hard for our money - it's all relative - and we all deserve protection from people who steal it from us.

    And to LABJJ523: thank you taking the time to help us.
     
    SDSferrari likes this.
  9. INRange

    INRange F1 World Champ
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    Dude …..read the thread. With your logic anyone who claims hurt feelings is a victim and deserves hurt feelings compensation.

    Maybe that works in Kalifornia but the rest of the exotic car world operates on hiring your own mechanic to do a PPI. If you don’t do that…..you lose your right to complain.
     
  10. darth550

    darth550 Six Time F1 World Champ
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    Everyone who read the thread knows who Jason is. You'd think by now he'd play by the rules and change his name so he can come back and respect the FC community enough to try and untarnish his image. That, and as I pointed out, he completely blew it by posting what should have been strictly confidential information about Sam's deal and hopes it'll just go away, which it won't. While it may be the only semi-intelligent play to stay BANNED, his silence, arrogance, indiscretion, and disdain for the FC and its rules say a lot!

    All around bad look for MG!
     
  11. StealthFox

    StealthFox Rookie

    Jan 23, 2006
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    Alex
    Very interesting thread. This is not a black and white situation where one party is wholly right and the other is wholly wrong. Excellent points have made for both sides and it is very clearly an instance of both parties having made mistakes.

    To start, the buyer is clearly new to buying exotic cars as it is pretty obvious he did not do his diligence in having the vehicle properly PPI’d. Having multiple locations and being in business for decades it is pretty clear that MG is a volume dealer and common sense should indicate they don’t have time to be picking every car apart that comes through the door. Suprise! They aren’t in business to care about the car being perfect they are here to move as much inventory as fast as possible.

    I saw he claimed MG had tech inspect it and give it a thumbs up and that MG later refuted that as they don’t employ tech’s.

    If the buyer is speaking the truth, he has demonstrated to us clearly he has no idea what he is doing by trusting the dealer’s PPI. The concept of conflict of interest should be common sense. If the dealer is speaking the truth, then he should have negotiated firmly that he needs an independent PPI to close the deal. No one in their right mind should be buying a 20 year old Ferrari without an independent inspection. I don’t know MG’s business practices, but I have a feeling if you are clearly a serious buyer that they may make an exception to a no offsite PPI rule. I have a hard time believing they would refuse an offsite PPI if it’s a clearly serious buyer and the car is going to a main franchise dealer…

    I see either outcome as the buyer failing to accomplish the most important aspect of buying a specialty car. All of the issues he claims the car to have would come up in PPI.

    The dealer sales manager made two big mistakes in his response here. As brought up by a previous post, the fact the dealer sales manager did not even address the purported accident damage in his response is extremely suspicious to me, as it is easily the most important allegation the buyer is making. If I was wrongfully accused of selling a car that had accident damage that would be addressed immediately.

    The fact the dealer sales manager didn’t mention a squeak about it makes me think that claim by the buyer may be true. And if so, that is too bad for the buyer and I hope he is able to rescind the purchase somehow because that can easily be a dealbreaker for many people when buying a Ferrari.

    The other big mistake the dealer rep made as many pointed out was divulging information regarding the transaction online. I don’t know the legal ramifications of doing such a thing and would like to hear others opinion on that. I saw some mention that was unwise of the dealer rep to do because that now just creates distrust from our community, as they’ve established a precedent that MG will go on Fchat and share financial/transactional details if you get into a dispute with them.

    TLDR - The insults were entertaining to read but this should be a lesson for new buyers. This is why you don’t buy a 20 year old Ferrari without a qualified independent PPI. Also, MG should consider having someone else speak their side here because they really made a big mistake sharing what should be confidential transaction information on the internet.
     
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  12. darth550

    darth550 Six Time F1 World Champ
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    Your post highlighted how this Jason guy not only lied by omission but also completely took advantage of this unsuspecting buyer, rather than helping him have a positive experience.

    MG could have easily taken the high road here, but chose not to. ZERO character, IMO.
     
    StealthFox likes this.
  13. StealthFox

    StealthFox Rookie

    Jan 23, 2006
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    Alex
    While there is a distinct possibility of MG lying by omission regarding the accident damage, don’t think we have enough evidence to say for sure.

    Dealers always run VIN’s for titling status purposes and of course insurance paid accidents/incidents, but they are not going to pick every car apart to find issues. It is very common for someone to pay out of pocket to repair collision damage to keep the VIN clean from accident history which obviously depreciates a car. If the VIN doesn’t show accident history and the collision repair was done well I wouldn’t expect MG to know about it.

    Again going back to the importance of PPI. Part of which is looking for evidence of collision repair or paintwork, check behind carpet and trim to look for non factory welds/structural repair, a good look at exterior panel and paint condition, use of paint thickness guage to look for accident damage. You can’t depend on VIN to tell you the full story of a car.

    I do ultimately agree though in the event Ferrari BH found accident damage after the deal was done, MG still should have taken the high road and given the buyer an option for an appropriate price adjustment or the option to back out then send the car to wholesale auction. In a volume based business things like this are bound to happen and how you handle them will come to light to other potential customers.
     
    darth550 likes this.
  14. F1blood

    F1blood Rookie

    Jul 17, 2024
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    Brad Dinardo
    I would think that buying a used Ferrari from a private owner might be a better bet in some instances. Maybe getting a PPI from an independent mechanic that can go on site to where the car is would / might be an option as well . I sincerely hope you get everything sorted with your purchase.
     

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