A Tipperary man used a false electricity bill and false bank statement in order to obtain credit to buy a 171 BMW valued at €60,000, Nenagh Court was told.
David Nevin of Terryglass was charged under the Theft and Fraud Act 2001 of using a false bank statement at Conlan's BMW garage, Tipperary Road, Ballysimon, Limerick, to purchase the car on August 25, 2017.
He was further charged under the same Act of using a false electricity bill for the same purpose at the same garage on August 28, 2017.
Mr Nevin, who has 10 previous convictions, pleaded guilty to both offences.
Garda Mark O'Riordan told the court that Mr Nevin also provided the garage with a false address and a false employment record.
However, finance for the car was approved and Mr Nevin registered the car in his own name.
Garda O'Riordan said Mr Nevin had paid €6,500 to the garage as a deposit.
Mr Nevin had also put his own car forward as a trade-in.
The garda told Elizabeth McKeever, solicitor for Mr Nevin, that the defendant had said he had been under pressure from his former partner to clear finance on his own car, a BMW.
Ms McKeever said her client had been in a relationship and his former partner had signed the car over to him but had kept up the finance agreement.
“He tried to sell the car online but it didn't sell because of a lack of offers and he could only sell it through a trade-in,” she said.
Mr Nevin had not intended getting a 171 BMW, but he “obviously met a good salesman”, said Ms McKeever.
She said Mr Nevin believed he had been in a position to pay the €800 per month car loan.
She further stated that Mr Nevin would say he was at a loss of €11,500 because the car was bought in August but seized in September.
Ms McKeever said that Mr Nevin worked for a security company installing cameras.
Judge Elizabeth MacGrath described the issue as a “serious matter” as it had impacted on the conduct of running a business which had to comply with money laundering law.
She adjourned the case to July 20 for a pre-sentencing probation report, saying she could not give a guarantee there would not be a custodial sentence.