When Shrewd Negotiation Goes Wrong
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- เผยแพร่เมื่อ 6 ต.ค. 2024
- Ed Bolian has made a lot of money flipping cars but his buying strategies leave some vulnerability to fraud from sellers misrepresenting cars. That is exactly what happened when he bought his wife a Range Rover from a car dealership in Birmingham, Alabama last year.
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5k for a timing chain? you really need to find a better place to get your work done....
It is a Range Rover......repairs don't come cheap, even when DIY.
According to a couple of online checkers a timing chain would be around the £800 from a dealer in the UK and just over half that from a decent backstreet place, so the US market is getting gouged....
I want to work for your dealership when i'm old enough
Shirts are cool but where can I get a vinwiki sticker?
RIP to Derek Barnes internet reputation
Gus Kipper it's gone from a 4.0 to a 2 Google review in 10mins I can only imagine the phone calls he's getting
Nope now its at 1.6 your welcome
kevin Griffin wheels of fortune also has a Facebook page
Edit: BAD NEWS!!! Google reviews are deleting all reviews that are associated with vinwiki. If you’re going to leave a review, make it as general as possible and don’t include vinwiki or ed bolian in the review. Their rating is now going up because of this.
So whos all going to look him up and trash him?
“He wanted 22k, I offered 19k. He’s a shrewd negotiator so I ended up getting it for 19k.” 😂😂😂
Ed could have let the guy send it to Mannheim, and done Internet bidding and probably bought it total with auction fees for $10,000 to $13,000 total. No other Dealers would have been bidding on it with the engine noise.....
You must be new here
We met right down the middle lol
That's when his alarms should have gone of
@@kydddj111 right smack dab in the middle at 19k
"...so instead, I just dropped ten grand on having the guy whacked."
*VinWiki intro plays
dansdata I like how he used the guy’s name over and over. Internet fame awaits him
@Overwhelming Euphoria I'd have done one kneecap solidly. Then the ankle (same leg) and said "Wonder if this hurts more then being truthful? Can you tell me?"..... Then walk away
$10k, more like $200.00.
This man has some of the best vocabulary of all of the car guys on TH-cam.
He is a GT alum. They be smart folks.
regular car reviewwwwws
Can't Tell it by this Story. If he'd ended with
"The Moral of The Story" instead of Excuses. I saw the Con Coming as soon as he mentioned the guys "Convenience" statement. Smart Money would at least done like this guy
m.th-cam.com/video/MzQCj-dbgN0/w-d-xo.html
Here's making Lemonade out of Lemons
Buckeye2Orange no you didnt
Yeah, he called cylinders piston holes
Wheels of Fortune 2.0 - that will fool them!
Shrewd renaming effort
Shhhhhhh....changing name to Berek Darnes too...B.R.B.
Villanova Soctts copy and paste this as an original comment as well as on all the top posts. Expose this scumbag
"Now with 2 times the fraud!"
shrewd detective work
"DEREK BARNES from WHEELS OF FORTUNE in BIRMINGHAM"
RIP
JoMaHa
You acting like king of Arabia bough a car from Derek. It’s just another car flipping dude trying to screw a car flipping dude.
your247support yeah most “car flipping dudes” don’t have a million followers on the biggest media platform on the planet...
sorry, you lost me when you were shopping for a used Range Rover and used reliable and Daily driver in the same sentences. ;)
BIngo otherwise he would have bought a Land Cruiser .
I purchased a brand-new one that was still a piece of shit
I went to test drive one they couldn’t get it started. Land cruiser all the way
My thoughts exactly, Ed is a guy who analyzes a cars cost per mile and he willingly purchased a range rover. Makes no sense
Only unreliable in your part of the world "
With bad maintenance , due to crazy repair costs
I would definitely buy a car from this dude. Even when he's telling a story about him getting ripped off, he still seems positive and upbeat! Everyone needs he's attitude towards life.
Well it certainly helps when you’re rich asl and living out your every dream lmao, but I 100% agree. Just wish it were that easy :/
Met right in the middle!
The best place to meet!
That's about MMR on these, but the chains would have dragged it down 4-7k. I'm in the business sorry you got railed it's guys like that who give this business a bad rap.
@@unclejoe6811 it truly does suck I'm young and in the business. So I've had a lot of hard lessons learned so far in the game. I know some things you have to change to the game. But the game is running out of a line of credit with me. You try to do right and some asshole down the street fucks everyone they can and since you on the same block you must be the same way. It really does make everyone els look bad.
Unfortunately, this ended up being a bad Barnes find story.
The Organized Garage *puts sunglasses on* YEAHHHHHHH
I wanted to pay 19,000....”so we met in the middle at 19,000” 😂😂 I LOVE IT!
At the end of the day, you are the buyer and the ball is 100% in your court, get your price or move on (or be delusional). I LOVE ED, but i was in the car buisness too. It works or doesnt sticking to your guns take alot of mental strength, but doable by most.
But who got the last laugh? Lol
When you think how much money it will take to fix any issues wrong with a used car they have every right to low ball .
Well he's got to put something in the story other than a hipster got suckered ! He almost seems proud of it...
Ed is the man
Something about this guy's voice, mannerisms, and intonation - I could listen to him describe paint drying.
The word you are looking for is "eloquence"
If I see anything about Shrewd Negotiations, Strippers, or Pornstars in the title, I KNOW it's gonna be an awesome story! Keep up the great content!
Definitely a Ed story!!!
Hell Yeah dude I can listen to Ed All day, he’s definitely a great story teller.
If you report this dealership to the State of Alabama, he could likely lose his dealership license for this type of fraud, and the State may choose to prosecute the issue.
Exactly. Otherwise, the guy gets away with it and just scams someone else.
Do they have juristriction in the United Kingdom?
Edit:...I am confused, he said he bought it from Birmingham, which is in the UK, but wheels of fortune 2.0 is in Texas?
@@Micro13bk Many Cities and towns in the US are named after the British areas the people that founded them came from. New York & New Hampshire, for instance. There is a city in Alabama named Birmingham.
@@commoguru I see, that is really strange...but thank you for the clarification. :)
@@Micro13bk The world is a Big place and there are only so many names. Google is your best resource.
It's best to use Google before making yourself look like a uneducated yokel...
I liked your nod to DeMuro about his carmax warranty for his rover
Right? I legit laughed out loud when he said that 😂😂
Had Ed purchased this from Carmax, he would have had 5 days to return it and 30 days for them to fix everything... probably worth the premium buying sight unseen.
I love it
jkfuel agreed.
Dustin Smith he scoffs at the "carmax premium", but in this case it seems like Doug is actually going to end up spending much less money than Ed on his Range Rover.
Realistically, something like this video is wayyyy more effective at causing pain than a lawsuit. All you have to do is cost them one sale that would net equivalent profit and everything after that is just icing on the cake.
By tomorrow their name will be wheels of Fortune 3.0
I'm sure the incoming reviews aren't looking great 😂
You guys are pretty amazing. It is dropping fast.
1.4 atm, loving this!
They already deactivated their FB page.
That's quick! haha
Derek Barnes ripped off the wrong guy. Lol. Hope everyone avoids him.
My personal buying strategy is to AVOID smaller, independent car dealers at all cost. They always have cheesy names - like Wheels of Fortune - and from my experience are SHADY. Great video.
absolutely avoid these dealers. The only cars they get are trashed and worn out. I avoid all dealers and buy from last owner.
You can buy from a small independent dealer if you are buying cheap cars that are cheap to fix and factor in the they are full of shit percentage into the negotiation. Otherwise walk. This Range Rover? Bad idea. On the flip side I have had major dealers try to screw me and have had to threaten the AG's office on them. It's all relative, and like the saying goes, you can tell a car salesman is lying when his mouth is moving.
@@drgonzo767, very true. I recently had a large dealership in the same town attempt to screw me out of several thousand dollars on a extended warranty that I had 30 days to remove. I didn't feel like haggling with a finance guy so I let him put in on the price knowing full well I had 30 days to remove it and be refunded.
Only to have this shitty finance guy not turn in any paperwork I went in and signed to have it removed and for 3 months gave me the run around until I did finally report them to the AG. Funny after that I was screening their calls from a general manager who was sending in refund checks with overnight delivery.
Withheld so if would of bough that Land Rover from a private party you think they going to fix it for him? Or refund his money? Hell to the no
You have to look at the dealers reviews and see how long they have been in business. Just because a dealer is independent and smaller doesnt mean that they RIP people off. I've dealt with more honest salesman through independent dealers than I have with a major dealership where they have quotas and bogus add on services to sell. The secret for independent dealers is that they typically buy used autos through auctions. This is how they make most of their money but they usually offer some kind of short term warranty in the event that the vehicle turns out to be a lemon.
Anyone defrauded by Derek Barnes should:
1.) File an initial police report with your local PD. If they tell you it's out of their jurisdiction, tell them you want a non-criminal incident report or "police info" report. Even if you are out-of-state, the report will get his name and information into the NCIC, which can be important for the filing of warrants and liens.
2.) Contact the Alabama State Attorney general.
3.) File a complaint with the CFPB.
4.) File a complaint with IC3 (FBIs Internet Crime Complaint Center).
5.) If a credit card was involved, do a Chargeback for the full amount.
bob caygeon good info and advice
Derek Barnes was not the sharpest tool in the shed messing with someone with a huge following. In only a few hours he is now the proud owner of a 1 star business.
Considering he closed he closed his website and renamed it before this video came out, I dont think he cares about bad reviews, he will just rebrand it to something else.
Someone will take his temperature soon if you know what I mean . How many people you going to screw before someone crazy gets pissed. I got even once over a shady dealer .
When he mentioned Chappelle show I realized Chappelles white voice is this man right here.
He was asking 22 grand, I offered him 19 grand. And in his shrewd negotiation we met in the middle at... 19 grand.. XD that always gets me
"We don't all pay the CarMax premium"
Doug Demuro Sneak Diss 😂
6 dislikes from Derek Barnes and his relatives.
Brett Bilger yeahh!
Brett Bilger AA
62 now. Derek has a big family.
63. His Uncle Bob saw this video and put his 2 cents in.
Add one dislike from Derek Barnes 2.0
I see they're enjoying a 1.2 score on Google maps reviews and a 1 on Yelp. Amazing that they can stay in business, if they are.
NO WAY. I bought a used LR3 with 110k miles with no warranty as if from this guy two years ago. I live in Hoover Alabama. The car went into limp mode about a week into owning the car and needed a new power steering pump, new radiator, new suspension, ended up costing me more than he sold me the car for. Never tried to contact him about it, seemed like a lost cause. I can’t believe he literally did the same thing to you, small world when it comes to getting screwed by this guy. Sold the car on Craigslist list for 5 grand when it was all over.
It's really a shame that people like that can get away with this so easily, and that there's people that have no remorse in doing so. Like Ed said, when all was said and done, even if he had sued and won he likely wouldn't even have been paid which is just messed up. I'm sure this guy is out there still scamming people.
sgfreak96 the worst part is after I signed everything he said to me “you know these imports can have problems” so at that moment I knew I fucked up.
Colby niudsiodv That’s actually almost disgusting. If you’re going to absolutely screw someone over, at least leave them with some good faith you didn’t screw them. I hope he gets what is coming to him.
Colby niudsiodv
Just be glad it was you that got screwed and not your girlfriend/wife...woohoo!!
Range Rovers are garbage. My bosses bought three at one time. All had problems within 6 months. Completely overrated.
Thanks for posting this and spreading the word about this POS. How do we get this video to the top of a google search for his name or business..
How to negotiate and meet in middle: find average of prices
How ed negotiates: Ed’s price is final
that should have given him a red flag at that point
Greedy people are the easiest to exploit, ultimately they screw themselves over.
Ed’s way or no way
Whenever someone mentions in the ad that their "price is firm" or their price is final, I just look past it. There is no such thing as the price is firm, it's never firm and if I find anything wrong with the car, I'm knocking that off the price. That's just how I do things.
+Ace What? You mean you don't obey the command, "No Lo Ballers?" Ha Ha Ha. Air Blows Cold.
I love it when Ed is the storyteller, I find his voice really quite calming and relaxing, the stories are awesome also!
Rabbit needs to pay Derek Barnes a visit. In just 5 minutes Derek would be doubled over in laughter. The next day he'd be wondering how his wife was the new Mrs. Rabbit and he no longer owned Wheels of Fortune.
I've learned over the years this golden rule of transactions and interactions: In addition to financial loss, one must also take in to account the possibility of lost time to hassle and frustration. So, even with an ironclad contract, one must take in consideration the risk of losing time via hassles and frustration if things don't go well. Ask yourself, _"If I do this and/or in this way, in addition to financial loss, what level of hassle and frustration is possible and likely."_ If too high, move on.
Outstanding advice!
Lol this dude pulled down his FB but he can't pull down his Google Reviews. He's getting hammered. Good Job on exposing this guys practices Ed.
Retired car dealer here. I bought a lot of “Red Light” cars over the years (at auction) but I always checked them out thoroughly & drove them. Still, once per year, I’d always manage to purchase a POS, lol. I had to take the same attitude as the gentleman in this video: you make enough smart purchases through the year that you’re not ruined by the occasional bad buy.
I just play it safe and buy a $900 Camry.
Great idea. camrys are bulletproof, cheap, cheap to maintain, has great fuel economy, and is very practical
What was massively impressive was that he said all of that without once taking a breath! awsome.
How do you know when a car dealer is lying? When their mouth is open.
That applies to all dealers and most salesmen including Ed.
switchcars when the sales man looks like a pimp..with diamond rings on every finger lol..
Welcome to salesman lol
Notice this is the first comment that has no like from vinnwiki that's from Doug 😂
Same could be said about customers
I LOVE IT. Tons of people who saw this have left this guy 1 star reviews all over the internet. Including myself!
Interesting how the “Shrewd Negotiator” shirts are $2 more. Now I know how Ed's making up the $2,000 he really paid to fix the motor (1,000 shirts). ;-)
Ed's stories are always my favorite, expert story telling.
I damn near bankrupted the local Rover store in warranty claims on my old Disco II . Still love the old Rovers. Live by the sword Die by the sword ...... Great story Ed
Rob Pitts
Don't know about the usa but here in the UK, it's the manufacturer that pays the dealer for the warranty
yodaslovetoy it was a used car warranty covered by the dealer.
Gotcha
Ah yes, the Disco II. The SUV that treats transmissions like paper plates.
Rob Pitts
Warranties are Insurance Policies the Dealer gets paid for the Warranty Work they do . If they are not getting paid by the Warranty Company they will tell you to take a hike
Ed,
You insite into the car world is an enlightening one. There is always something to be gained from listening to your stories.
Thank you for sharing with us.
Seller: 22k
Ed: 19k
Ed: "let's meet in the middle"
*settles for 19k*
according to Ed who then got screwed out of 7 grand. Yeah great negotiating Ed. lol
....
That's what happens when you lowball Ed..lol
That should of been the first red light that registered. When the seller doesn't do much negotiating at all, it should be a signal that they're trying to "dump" the car. You could of probably offered 15k and would of got it. Always be weary of the eager seller.
Haha, he overpaid by $9k.
Just went through a similar situation. Such a low-integrity, deceptive business. Hard to understand how some folks sleep at night pulling this crap. I think the only restitution is to expose them like you did and hopefully warn others. Thank you for sharing.
With that type of fraudulent/shady activity Derek Barnes should just open up a location off of Buford highway where he belongs. I hope the rating plummets after this video.
Not many of us would be brave enough to come on u-tube and relate a car buying story which culminated in us being royally shafted this way, so full respect to Ed in coming on here to tell us about this. A buyer beware warning, even if you are shrewd and know your onions. As for the con man, he will con the wrong person one day and regret it big time.
Rabbit Rob would had knocked up Derek Barnes daughter in revenge 😂
And his wife
And his mum
@asd fgh and me
Wow! Thank you, Ed, for sharing the bad, along with the good. This information will help a lot of other folks.
From 2 reviews with a 5-star rating to 60 reviews with a 1.2 star rating. Don't mess with Ed.
We got the wrong guy
No, that's absolutely the right guy at the right shady dealership
Its Always a real treat to watch Vinwiki!!!!!!
Last time I was this early, the cats were the real urine bandit.
"When keepin' it real goes wrong" probably the best Chapelle skit ever you're so right
Ed could literally read anything car related and guarantee I wouldn't get any work done for at least 8-15minutes! Huge fan from the UK! keep it up guys!
it’s a good day when we get a 10 minute video from ed
I just found this channel, and I am loving all these stories, thanks.
The last time I got so engrossed in a story I ended up looking at Pink Haired porn stars.
ha!
Yeah same lmao
Guilty...
Dan Allnatt hahaha I know what you talking about. Did you find her!
Kimmy?
I could listen to Ed talk all day
So, basically test drive a car before you buy it... GENIUS!!!!
When you buy as many cars as he does, sometimes that is not always practical, or possible. If you ask "does this car have x, y, or z" and the seller lies about this, it doesn't matter if you test drive the thing or not. You make a decision based upon information that was knowingly false, and you are entitled to compensation.
some issues might not appear as your testing the car
@@uzaiyaro never never buy a car on a salesman's word. would you marry a woman on her dads recommendation without meeting her? surely there must have been cars closer to hand. he was greedy and thought he was getting something for almost nothing. idiot
@@cat-em3mj this one did though
Guess he gave more credence to the " 3 Day" return law.
at least do like this guy When You're Shopping for Lemons
m.th-cam.com/video/MzQCj-dbgN0/w-d-xo.html
Holy shit, I’ve been watching/listening to this man tell car stories for hours lol
Seems me and a couple of people decided to pay them a visit on Google Maps haha
Thanks!
Ed Bolian Don't mention it , thanks for sharing your story with us.
I could listen to this soothing voice all day.
I love Ed's stories I love chapelles show and I love listening to vinwiki stories while smoking a cigar and drinking coffee
+Trucker Gray Fox
Meh - Single Malt or go home...
;-)
Your first mistake was buying a endless money pit Range Rover.
true
That Doug DeMuro reference!!!
I love how Ed starts dropping names of sketchy people.... lol
There's a dealer near me trying to sell a Geo Tracker for $5000 that's been sold for salvage twice and has had the odometer rolled back by ~100k miles (still says over 160k though) - gotta love dealer fraud.
3:50 he wanted 22k for it and i offered 19k... couple seconds later... and we met up in the middle at 19k. That is hilarious
The extreme power of shrewd negotiating, you meet at your middle (aka your offer) lol
Just checked the Google reviews for Wheels of fortune 2.0 They are getting flooded with 1 star reviews because of this video
Vikturus22 what website do I go to so I can leave a bad review? 😁
Its on google. heres the link to find the google reviews www.google.co.nz/search?safe=off&rlz=1C1ASUM_enNZ802NZ802&ei=XMFhW4ONHsSY8QWSsry4CA&q=wheels+of+fortune+2.0+alabama&oq=wheels+of+fortune+2.0+alabama&gs_l=psy-ab.3..33i22i29i30k1.10768.11819.0.11983.8.7.0.0.0.0.262.462.2-2.2.0....0...1c.1.64.psy-ab..6.2.462....0.Mv3NsMb1Edc
So don't buy a car sight unseen..... And for sure don't pay for it unless your going to keep it..👍 Got it.
Ed & rabbit always have the greatest stories
So you drive all these bad ass super cars and your wife drives an 8 yr old Land Rover that needed thousands of dollars worth of repairs just to get it running. YOU ARE a friggin genius, Ed!! A friggin genius! My new hero!
finally someone naming names. so many videos of people not naming who screwed them. and I have bought 2 cars on the other side of the country. if I ever see one for sale with his name...I'm out.
I guess cousin Vinny would have sent an "insurance" broker to the dealership and asked about their fire insurance coverage. You know, lots of cars in bad shape, faulty electrics, petrol, sparks. Accidents happen when you least expect them.
Oh, and always bring in your car to complain about their failures when they have a big sale with lots of customers. And bring you your friends to complain as well.
You have a really unique and sweet content type man !!!!
Hats off !!! AND
Lots of love from India !!!
Thanks for watching!
Sending the Internet after this scumbag will create a much more satisfactory result than any monetary compensation that might have been realized from a lawsuit.
It is helping heal the wound for sure.
I woulda just found this dude and give him a good beating
I just started watching these they are hilarious and Ed's voice is amazing. I have these on auto play.
i wonder what does "meeting in the middle" even mean anymore
It becomes rather subjective.
meeting in the middle - Whatever price Ed Bolian wants it to be
The best situation for haggling is if you don't really need the stuff and there are other places to get it.
Same with cars, other used items or new jobs.
Can't tell if you're being serious or not, but, if you are, it's some hilarious dry wit.
Lol. I looked through all the comments to see if anyone else had noticed.
I had the exact same experience with guaranteed auto in Riverside CA. Amazed dealers get away with behaving like this. Glad Ed exposed them to help others. Thanks
After this video no one is buying from wheels of fortune 2.0
Berttini Palai ur to
Hard to believe a secondhand car dealer would be involved with a “phoenix scheme” (Wheels of Fortune 2).
shrewd negotiation intensifies
I dont know why but I watch these videos because I love Ed's voice...
Another great Ed story, Keep up the great work!
I mean it was genuinely a pleasure to hear your story of... an unpleasant experience. You just present the story very well. Great video, truly.
But seriously, I’m sorry about that happening to you as I’ve had a similar experience myself. So, I feel your pain.
Ed and his shrewd negotiation lol
Glad you also own up to your mistakes no just your successes, kudos Ed!
Wow. You know they always say you can't get Blood from a Rock! Glad to see you didn't pursue the Lawsuit thing Ed. At least it sounds like you have a nice Vehicle for you to drive.
Blood from a turnip*
Ae86 Hachi Turnip also! Haha
You can put a lien on any property he has - I'm going to guess he at least owns a house.
ck m Not if it is an Llc or the company is incorporated. Then you can't touch personal assets. At least you can't in Ohio
Derek Barnes of Birmingham, AL has lost more in reputation than he gained in theft. Very smart Derek Barnes. Very smart.
Knew it was Ed just from the title - Love you Ed!
Lol loves how he called the guy out by his full name and names the dealership
It squad. Finally an Ed story !!!!!!!!
Ed's best video so far. Very useful, "if this can happen to me, it can happen to you" reminder. Bonus: Uncharacteristically humble
Internet says he’s been scamming people since 2010
This is because too many people don't check the credibility of these dealers.
Great story, it's hard when you can't find what you're looking for locally. Always check out a seller online if possible.
this is the highs and lows of being a car dealer..getting scammed is part of the program being a car dealer, I am pretty sure that karma will strike back on this Barnes guy and I hope he becomes homeless for scamming Ed
So true. It is a tough business to stay in.
Have you seen the shack that is the office for this dealership? Look it up on google street view. He'll be living in it soon enough
Always* Sue The Assholes.
*Unless you can whack 'em.
By far top 3 on my list of best youtube channel's
Well that's one way to get recompense...
No way of getting the money back but putting it out there into the ether certainly draws him to the attention of potential customers, sorry, victims. As a bonus, you can't be sued for libel if what you say is the truth!
Nicely played!
Definitely wanted to make sure I had all the facts straight on this one.
OPHYCLIDE You can certainly be sued. It's up to you to prove it's true.
Doubly satisfying when you get costs awarded as well as winning.
No vocal pauses. Very good speaker.
Last time I was this early Acura Nsx's could be had for $16,000.