Any Thoughts On EAG (Enthusiast Auto Group)?

Not sure if this questions been asked before but have been wondering. I've heard thet they have excellent knowledge and selection plus a great service center. But after looking at their website. In my opinion they seem WAAAAAYYYYY overpriced on their vehicles! I know they give the vehicles a full service and all and make sure the vehicles look "factory new". But I'm NOT paying $60,000 for a 2003 E39 M5 with 7,000 miles on the clock. I know 7,000 miles is low for a decade old car, but c'mon. Even Kelly Blue Book online would list a vehicle in the same condition and milage for half the price. They even have a 2002 one going for just under $40,000 with over 30,000 on the odometer. I know it sounds like I'm bashing them, but those prices are too much for cars that old. Has anyone on here have any experience with them? Would like to hear your responses and also see if anyone agrees with me. Later.

I think you have a pretty accurate picture... They spend a couple of thousand making the cars look brand new, then price them $6K-$10K higher..
It makes the cars (with admittedly low mileage) look like they've been meticulously cared for, but not always the case.. When I shop for a used car privately, I look for things like curbed wheels and other signs of owner neglect.. Let's just say they give the local wheel restoration shop a lot of business...

They do know their cars and their market.. but, I get a slightly slimy feeling... They do have their proponents, however.. this is just my opinion..

What they do is scour the US for prime used cars and then buy them, then mark them up about $10k.

I recently saw an E39 M5 on sale at the M5 board asking $26k. EAG snapped it up really quick and then put it on their website for $36k.

I view them as the place I'll go when I win the lottery, and want a primo classic BMW and don't care about the price. I think that's probably their customers, people with more money than time to search for a really good car.

Originally Posted by Nfs021

Not sure if this questions been asked before but have been wondering. I've heard thet they have excellent knowledge and selection plus a great service center. But after looking at their website. In my opinion they seem WAAAAAYYYYY overpriced on their vehicles! I know they give the vehicles a full service and all and make sure the vehicles look "factory new". But I'm NOT paying $60,000 for a 2003 E39 M5 with 7,000 miles on the clock. I know 7,000 miles is low for a decade old car, but c'mon. Even Kelly Blue Book online would list a vehicle in the same condition and milage for half the price. They even have a 2002 one going for just under $40,000 with over 30,000 on the odometer. I know it sounds like I'm bashing them, but those prices are too much for cars that old. Has anyone on here have any experience with them? Would like to hear your responses and also see if anyone agrees with me. Later.

I recently spotted that M5 on their web site too; and my reaction to their pricing has generally been the same as yours: a bit high to rather overpriced. But, I gave them something of the benefit of the doubt, thinking their cars were pristine examples of used cars, and were mechanically sound due to their implied practice of going over each of them with a fine-toothed comb.

One day this past September, I was up in the Cincinnati area with an hour or so to kill. Enthusiast was closed, but I thought I'd wander around their lot and see if the cars matched the impressions given by their web site photos -- and their pricing. They did not. The cars were clean, and may be mechanically-sound (the jury is still out there) -- but they were clearly used, and did not, in my opinion, justify their pricing. Occasionally they may get a gem or two in their inventory; but I identified several finish and interior flaws on a number of their vehicles -- without even looking too hard. I realize these are used cars, so flaws are a likelihood; but a full, up-to-date fluids change and a 'spit-shine' on the paint doesn't justify their pricing...

Originally Posted by timfitz63

One day this past September, I was up in the Cincinnati area with an hour or so to kill. Enthusiast was closed, but I thought I'd wander around their lot and see if the cars matched the impressions given by their web site photos -- and their pricing. They did not. The cars were clean, and may be mechanically-sound (the jury is still out there) -- but they were clearly used, and did not, in my opinion, justify their pricing. Occasionally they may get a gem or two in their inventory; but I identified several finish and interior flaws on a number of their vehicles -- without even looking too hard. I realize these are used cars, so flaws are a likelihood; but a full, up-to-date fluids change and a 'spit-shine' on the paint doesn't justify their pricing...

Interesting. Seems to me also that their pricing is fairly consistent - so every M5 is marked up $10k. That wouldn't be the case if you were just paying for pristine examples.

Originally Posted by kyfdx

I think you have a pretty accurate picture... They spend a couple of thousand making the cars look brand new, then price them $6K-$10K higher..
It makes the cars (with admittedly low mileage) look like they've been meticulously cared for, but not always the case.. When I shop for a used car privately, I look for things like curbed wheels and other signs of owner neglect.. Let's just say they give the local wheel restoration shop a lot of business...

They do know their cars and their market.. but, I get a slightly slimy feeling... They do have their proponents, however.. this is just my opinion..

Sems to me it depends on their warranty/guaranty. Lots of old Bimmers have lots of milles left in them (like mine). If these folks can sell them at an appropriare price, good for them and good for the buyer.

Originally Posted by ProRail

Sems to me it depends on their warranty/guaranty...

I've personally never come across anything in their vehicle listings or on their web site that mentions a warranty, either actual or implied. I concede that I could just be missing it, though...

For what they seem to tack onto the Blue Book value of the vehicles in their inventory, it probably should come with an extended warranty of some kind, though...

Their right down the street from me.. I have to keep a towel in my car to sop up the drool when I drive by. lol The car's in person are immaculate, I've stopped several times, but yes you pay out the @$$.