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chit chat thread

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  • rampelsauceR
    rampelsauceR
    rampelsauce
    wrote on last edited by
    #5628

    P_Roloff said:

    Guess this answers our questions about BavAuto...

    7D59B57D-A57B-4941-BC23-0450151E26DA.png

    ECS tuning is an unstoppable juggernaut killing our favorite parts providers!  Luckily FCP is too big.

    547421260Wagonsig.jpg.13a2d6479bb8e139b82b81acc0402e18.jpg

    E91 328xi - F15 X5 40e - Hopes and dreams of eventually having a cool car

    1 Reply Last reply
    1
    • patsbimmer1P
      patsbimmer1P
      patsbimmer1
      wrote on last edited by
      #5629

      So we're all clear here ECS isn't actually acquiring these companies.  They're falling under the ECS umbrella but in the grand scheme they're being purchased by Bertram Capital who is the private equity firm supplying the money that has ECS in it's portfolio.  These moves all make sense from a private equity standpoint.  The target is acquire and increase value in order to sell at a higher price later on.  A 5-7 year investment is pretty standard for most private equity firms.  They're piling capital into a company to make it's net worth and gross revenue as large as possible in order to dump it off later.  Every time they acquire a new company it's net growth.  ECS and it's subsidiaries will all be sold off at a later date and the cycle will start over and as a community we'll be fucked looking for quality aftermarket parts at a fair price.

      2011 e90 M3 - DCT, Borla exhaust, BMW Performance Black Grille, ECS Painted Corners, Ziza Angel Eyes

      07 335i Stella - sport package, BMS DCI, zhp knob, TMS cf parking brake lever, VRSF downpipes, MHD tune, H&R race springs, other stuff *SOLD*

      97 328i Lola - sport package, m50 intake manifold, m50 manifold.com install kit, custom CAI, K&N filter, Borla exhaust, FK silverline coilovers, 25.5mm front sway bar, Powerflex front sway bushings, Turner Radiator, fan delete *sold*
      95 325is *sold*
      93 nissan 240sx KA-T *sold*

      BMWCCA #473306

      Instagram @patsbimmer1

      AKA- HALLWAY PAT

      "burnouts bring babes and babes dont have time for bushings" - Kaiser Rolls

      1 Reply Last reply
      1
      • N
        N
        Nick_F
        wrote on last edited by
        #5630

        patsbimmer1 said:

        You're in luck!  I deal with this for a living!  So if you signed for $195 then you owe $195 unless you verbally authorized more.  The catch would be knowing the exact wording in the line you signed and of it says something where you "agreed" to paying more within a percentage of the quoted price.  Unfortunately unless they agree to allow you to pay less then you'll end up paying it then filing a complaint with the Department of Agriculture Trade and Consumer Protection which will take weeks.

        Yea I didn't know the specifics so I went in and just talked to them without making an enemy and agreed to 300 flat. I'm still not happy about it being quoted one thing and then it doubling and eventually paying 50% more but I've learned through this experience and at least the install went smooth and was done well.

        1 Reply Last reply
        0
        • patsbimmer1P
          patsbimmer1P
          patsbimmer1
          wrote on last edited by
          #5631

          Nick_F said:

          Yea I didn't know the specifics so I went in and just talked to them without making an enemy and agreed to 300 flat. I'm still not happy about it being quoted one thing and then it doubling and eventually paying 50% more but I've learned through this experience and at least the install went smooth and was done well. 

          Did you sign a full and final settlement?  If not you can still challenge them through the DATCP.  It's still wrong for them to charge you more than you were quoted.  If they were getting in over their heads they should have called and gotten verbal authorization to charge more or ate the cost and learned a $200 lesson.  Communication is key in that situation and they blew it.

          2011 e90 M3 - DCT, Borla exhaust, BMW Performance Black Grille, ECS Painted Corners, Ziza Angel Eyes

          07 335i Stella - sport package, BMS DCI, zhp knob, TMS cf parking brake lever, VRSF downpipes, MHD tune, H&R race springs, other stuff *SOLD*

          97 328i Lola - sport package, m50 intake manifold, m50 manifold.com install kit, custom CAI, K&N filter, Borla exhaust, FK silverline coilovers, 25.5mm front sway bar, Powerflex front sway bushings, Turner Radiator, fan delete *sold*
          95 325is *sold*
          93 nissan 240sx KA-T *sold*

          BMWCCA #473306

          Instagram @patsbimmer1

          AKA- HALLWAY PAT

          "burnouts bring babes and babes dont have time for bushings" - Kaiser Rolls

          1 Reply Last reply
          0
          • straight6pwrS
            straight6pwrS
            straight6pwr
            wrote on last edited by
            #5632

            patsbimmer1 said:

            Communication is key in that situation and they blew it.

            +1,000,000

            Dan
            yajsYRL.jpg.e5f350b4dfe961d76ac8b32efce2e1a6.jpg

            1 Reply Last reply
            2
            • N
              N
              Nick_F
              wrote on last edited by
              #5633

              patsbimmer1 said:

              Did you sign a full and final settlement?  If not you can still challenge them through the DATCP.  It's still wrong for them to charge you more than you were quoted.  If they were getting in over their heads they should have called and gotten verbal authorization to charge more or ate the cost and learned a $200 lesson.  Communication is key in that situation and they blew it.

              Yea I signed the final statement after we settled on the price and I paid. What they told me is that they pulled the wrong book time and it was supposed to be ~5 hours not 1.5 and I'm not sure why they didn't call once they realized the job was bigger than thought. I won't go back or recommend people to there shop for whatever that is worth but at least it was done correctly and I won't have to call them or go back for that reason.

              1 Reply Last reply
              0
              • HipMFH
                HipMFH
                HipMF
                wrote on last edited by
                #5634

                patsbimmer1 said:

                So we're all clear here ECS isn't actually acquiring these companies.  They're falling under the ECS umbrella but in the grand scheme they're being purchased by Bertram Capital who is the private equity firm supplying the money that has ECS in it's portfolio.  These moves all make sense from a private equity standpoint.  The target is acquire and increase value in order to sell at a higher price later on.  A 5-7 year investment is pretty standard for most private equity firms.  They're piling capital into a company to make it's net worth and gross revenue as large as possible in order to dump it off later.  Every time they acquire a new company it's net growth.  ECS and it's subsidiaries will all be sold off at a later date and the cycle will start over and as a community we'll be fucked looking for quality aftermarket parts at a fair price.

                Sounds about right.

                Two of the major companies that make the machines we use to build PCBs at work have fallen into this. It's been a few years and so far it's been fine, but I'm not optimistic about the future...

                1 Reply Last reply
                0
                • andyhundleyA
                  andyhundleyA
                  andyhundley
                  wrote on last edited by
                  #5635

                  Nick_F said:

                  Yea, I'll be trying to come to an agreement but not double. I guess we shall see what happens but you're right. A happy customer brings more business 

                  What repair did you have done? What was the reason behind the increase in cost?  EDIT: Nvm I read that they misquoted you.

                  1 Reply Last reply
                  0
                  • wasnt m3W
                    wasnt m3W
                    wasnt m3
                    wrote on last edited by
                    #5636

                    New wheels and tires on the wife's e30 today

                    20190324160944.jpg

                    20190324161010.jpg

                    20190324160953.jpg

                    m3sig-1.jpg

                    1 Reply Last reply
                    9
                    • GB-335xiCoupeG
                      GB-335xiCoupeG
                      GB-335xiCoupe
                      wrote on last edited by
                      #5637

                      wasnt m3 said:

                      New wheels and tires on the wife's e30 today

                      20190324160944.jpg

                      ***Resisting the urge to make a wise crack about your wife's "Ride"

                      • 2011 335xi Coupe Black Sapphire Metallic (e92/N55/ZPP/ZCW)
                      • 2011 335xi Coupe Deep Sea Blue Metallic(e92/N55/ZPP/ZCW)

                      Both on Drivewaymod.jpg

                      1 Reply Last reply
                      2
                      • RekpointR
                        RekpointR
                        Rekpoint
                        wrote on last edited by
                        #5638

                        I did it. I put my Summers on.

                        1 Reply Last reply
                        0
                        • JdesignJ
                          JdesignJ
                          Jdesign
                          wrote on last edited by
                          #5639

                          Rekpoint said:

                          I did it. I put my Summers on.

                          Image result for too soon junior

                          Weather.jpg

                          SumBunny.jpg

                          https://www.instagram.com/_jdesigner_/                                          http://nevertoolow.tumblr.com/

                          🥳SOLD BMW E24 633CSI - BMW M30B32                                          🧪SOLD HCH  ES9 - 1.3 LDA
                          👽BMW E30 325IC - Toyota 1JZ-GTE                                                     ⏰ HONDA EF9 CIVIC SI - JDM B18C5
                          ☠️BMW E36 318i - Ford 5.0 FE302                                                         🚴‍♂️ GT-Labomba - 26x2.75 Freeride
                          🤹‍♀️SOLD BMW E36/7 Z3 - BMW M54B25                                                🧓SOLD BMW E10 2002 - BMW M10M05

                          1 Reply Last reply
                          4
                          • B
                            B
                            B C
                            wrote on last edited by
                            #5640

                            'grats on your new well deserved member title

                            1 Reply Last reply
                            5
                            • m42b32M
                              m42b32M
                              m42b32
                              wrote on last edited by
                              #5641

                              Rekpoint said:

                              I did it. I put my Summers on.

                              Thanks for ruining my weekend:

                              image.png

                              1991 318is, 1991 318i, 2022 Bronco

                              1 Reply Last reply
                              1
                              • straight6pwrS
                                straight6pwrS
                                straight6pwr
                                wrote on last edited by
                                #5642

                                @Jdesign the forecast i found online looked a little different

                                weather.jpg

                                Dan
                                yajsYRL.jpg.e5f350b4dfe961d76ac8b32efce2e1a6.jpg

                                1 Reply Last reply
                                9
                                • rampelsauceR
                                  rampelsauceR
                                  rampelsauce
                                  wrote on last edited by
                                  #5643

                                  One of my Pirelli white Cheddar mac n cheese spooners is getting bald. Pls no more snow.

                                  547421260Wagonsig.jpg.13a2d6479bb8e139b82b81acc0402e18.jpg

                                  E91 328xi - F15 X5 40e - Hopes and dreams of eventually having a cool car

                                  1 Reply Last reply
                                  0
                                  • RekpointR
                                    RekpointR
                                    Rekpoint
                                    wrote on last edited by
                                    #5644

                                    Cant tell me it doesn't look good tho. 

                                    Funny thing is I live 4 hours from you guys and we are not expecting any snow!

                                    Really think its my fault 😂😁

                                    20190327140538.jpg

                                    1 Reply Last reply
                                    0
                                    • jc43089J
                                      jc43089J
                                      jc43089
                                      wrote on last edited by
                                      #5645

                                      I'm going to give it a couple more weeks.  My summer wheels have Indy500 summer tires which felt a little loose one cold pavement.  And the Generals rip on the rally course, I mean gravel road I live on.

                                      2/94 325i Sedan, Arctic Gray: UUC LTW FW, EVO 3 and DSSR, +.020 Maxsil pistons, ASC delete, Eibach shocks/springs, 16" contour reps 238k
                                      3/93 325i Coupe, Schwarz 2, Sketchy stance action, ebay turbo, 300k
                                      '89 325i Vert, Alpine White: 5spd swapped, sold.

                                      '04 Toyota Sienna: 24V to 24V swap in progress

                                      '05 Volvo V70R, 6spd.  200k
                                      '85 Toyota LandCruiser: Lifted, gas hog. 205k
                                      '99 Nissan Maxima: 5spd, Rusty but trusty winter beater. 252k RIP.

                                      1 Reply Last reply
                                      0
                                      • Ryan...R
                                        Ryan...R
                                        Ryan...
                                        wrote on last edited by
                                        #5646

                                        I bought an H&K VP9 for no reason other than I wanted one.

                                        Much excitement to go shoot it.

                                        That is all.

                                        2021 Gladiator Willys -- 6 speed manual, 33" Falken AT, 3/4" level

                                        2021 Low Rider S -- Stage 2, 117hp/128ft lbs

                                        1 Reply Last reply
                                        4
                                        • RekpointR
                                          RekpointR
                                          Rekpoint
                                          wrote on last edited by
                                          #5647

                                          Just trying to run numbers through my head. What is the going price for an S52+ trans?

                                          1 Reply Last reply
                                          0

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