M4 GTS available... for $100k over sticker

GreenLantern · 08-14-2016, 06:58 PM

Hahahaha.

Actual Market Value. Yeah? Show me recent comparable sales, please.

I love when dealers do this, it helps me figure out who should go on my Never Do Biz With list.

auf Deutsch · 08-14-2016, 07:05 PM

Quote:

Originally Posted by KKSigs

I just saw a post on Facebook that it was sold. SMH!

And there in lies the problem. Some douchebag consumer justifies this particular dealer's unjust sales practice.

GreenLantern · 08-14-2016, 07:07 PM

Quote:

Originally Posted by auf Deutsch

And there in lies the problem. Some douchebag consumer justifies this particular dealer's unjust sales practice.

100% correct.

Unfortunately, there's enough stupid money out in the world.

(I doubt it sold for $100k over, but I would not be surprised if some idiot paid $50k over. $75k over might be a stretch. Dealers do this, generate hype, and then heavily "discount" their market premium.)

M4_GTS · 08-14-2016, 08:14 PM

Quote:

Originally Posted by GreenLantern

Hahahaha.

Actual Market Value. Yeah? Show me recent comparable sales, please.

I love when dealers do this, it helps me figure out who should go on my Never Do Biz With list.

Chances are, they don't need your business.

Quote:

Originally Posted by GreenLantern

100% correct.

Unfortunately, there's enough stupid money out in the world.

(I doubt it sold for $100k over, but I would not be surprised if some idiot paid $50k over. $75k over might be a stretch. Dealers do this, generate hype, and then heavily "discount" their market premium.)

You keep saying its stupid this and stupid that for the M4 GTS to sell above MSRP. Are you just pissed and hurt you didn't get one?

Anyways, its sold... that was quick!

Tonyfsu21 · 08-14-2016, 08:18 PM

This dealer is total poo poo. Always loved the pin stripes line item, it's listed on the window sticker for every car this dump next to the county dump sells!!

GreenLantern · 08-14-2016, 08:25 PM

I have nothing against preowned cars getting adjusted to true "market values" by franchised dealers. My beef is when they mark up brand new, untitled cars. Cars that could've / should've gone to enthusiasts. (Many of these dealers will turn down enthusiast deposits because they plan to "float" the incoming car at "market value.")

Ferrari NA and McLaren NA, for example, strictly prohibit this.

Ferrari even has a policy where franchised dealers are not permitted to list brand new Ferrari's on Cars.com, AutoTrader, etc.

Sure, those dealers play games where they get their loyal customers to buy new cars at MSRP, drive them for 1k miles, trade them in *at* MSRP (so minimal loss, if any, to the client), and then they mark them up and sell preowned. But at least their enthusiasts manage to get the new cars at MSRP.

An M4 GTS marked up to $250k is absurd.

You can get a lightly used 2016 911 GT3 RS, 2015 McLaren 650S, Ferrari 458 Italia, Lamborghini Huracan, for $250k or less.

Blatant markups like this taint the brand.

TrevorM3 · 08-14-2016, 08:39 PM

someone please find the guy who bought it and invite him to the boards.

there is literally nothing about that car that warrants a six figure price tag.

Draper · 08-14-2016, 08:57 PM

Quote:

Originally Posted by KKSigs

I just saw a post on Facebook that it was sold. SMH!

I'm confused...If I had a golden ticket to buy one for MSRP, I'd be thrilled to see others paying almost double what I paid.

GreenLantern · 08-14-2016, 08:59 PM

Quote:

Originally Posted by Draper

I'm confused...If I had a golden ticket to buy one for MSRP, I'd be thrilled to see others paying almost double what I paid.

That's not actually good for the brand, or the collectible car, in the long run. What you want is gradual organic value appreciation. Not price gouging before a market has actually been established.

GERMAN M3 · 08-14-2016, 09:01 PM

Quote:

Originally Posted by KKSigs

I just saw a post on Facebook that it was sold. SMH!

Ridiculous!!

Draper · 08-14-2016, 09:05 PM

Quote:

Originally Posted by GreenLantern

That's not actually good for the brand, or the collectible car, in the long run. What you want is gradual organic value appreciation. Not price gouging before a market has actually been established.

It don't think it's possible to price gouge on a six figure, limited production, track focused car.

GreenLantern · 08-14-2016, 09:09 PM

Some examples of what you can get for around or under $250k:

McLare 650S - https://www.cars.com/for-sale/search...=GN_REFINEMENT
Lamborghini Huracan - https://www.cars.com/for-sale/search...rchSource=SORT
Ferrari 458 Italia - https://www.cars.com/for-sale/search...les&sf2Dir=ASC
2016 Porsche 911 GT3 RS - https://www.cars.com/for-sale/search...=GN_REFINEMENT

And these are list prices, too. With some minor negotiation, you can get lower.

I'm not saying either is better than the M4 GTS; that's for the individual owner/driver to decide. But, the cars listed above are in a completely different league with respect to what "type" of a car they are.

GreenLantern · 08-14-2016, 09:10 PM

Quote:

Originally Posted by Draper

It don't think it's possible to price gouge on a six figure, limited production, track focused car.

It's possible. It was done above by Vista BMW.

Ghetto2315 · 08-14-2016, 09:11 PM

AMV = Adjusted Market Value

davey111483 · 08-14-2016, 09:11 PM

For that price i'd get myself a ferrari or a lambo. A used one but still you're in a different territory.

Powerbeast · 08-14-2016, 09:15 PM

Although I personally wouldn't pay $250K for the GTS I can vouch for it being worth every penny.

Draper · 08-14-2016, 09:17 PM

Quote:

Originally Posted by GreenLantern

It's possible. It was done above by Vista BMW.

I think we understand the term differently.

It's inherently impossible to be gouged when purchasing a non-essential luxury item like a GTS.

Vista just threw something out into the market and got a bite. They probably could have charged more.

GreenLantern · 08-14-2016, 09:54 PM

Quote:

Originally Posted by Draper

I think we understand the term differently.

It's inherently impossible to be gouged when purchasing a non-essential luxury item like a GTS.

Vista just threw something out into the market and got a bite. They probably could have charged more.

Yes, fair enough.

dzvero · 08-14-2016, 10:46 PM

Strippers are included !

M4_GTS · 08-14-2016, 10:49 PM

Quote:

Originally Posted by GreenLantern

I have nothing against preowned cars getting adjusted to true "market values" by franchised dealers. My beef is when they mark up brand new, untitled cars. Cars that could've / should've gone to enthusiasts. (Many of these dealers will turn down enthusiast deposits because they plan to "float" the incoming car at "market value.")

Ferrari NA and McLaren NA, for example, strictly prohibit this.

Ferrari even has a policy where franchised dealers are not permitted to list brand new Ferrari's on Cars.com, AutoTrader, etc.

Sure, those dealers play games where they get their loyal customers to buy new cars at MSRP, drive them for 1k miles, trade them in *at* MSRP (so minimal loss, if any, to the client), and then they mark them up and sell preowned. But at least their enthusiasts manage to get the new cars at MSRP.

An M4 GTS marked up to $250k is absurd.

You can get a lightly used 2016 911 GT3 RS, 2015 McLaren 650S, Ferrari 458 Italia, Lamborghini Huracan, for $250k or less.

Blatant markups like this taint the brand.

Ok, fair enough and I do somewhat agree wit what you are saying.

m3aviator · 08-14-2016, 11:15 PM

They pinstriped a GTS?!?!?!? What morons!

DieGrüneHölle · 08-14-2016, 11:28 PM

Anyone that got these for msrp should sell theirs while they are hot. This is going to be the peak of the GTS market.

Make a quick $100k+, quickly call your nearest Porsche dealer and get on the 2018 GT2 RS allocation list.

08-14-2016, 06:58 PM	#23
GreenLantern Lieutenant 101 Rep 487 Posts Drives: 991.2 GT3 Join Date: Apr 2012 Location: Palm Springs, CA iTrader: (0)	Hahahaha. Actual Market Value. Yeah? Show me recent comparable sales, please. I love when dealers do this, it helps me figure out who should go on my Never Do Biz With list.
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08-14-2016, 08:18 PM	#27
Tonyfsu21 Second Lieutenant 169 Rep 276 Posts Drives: 2011 E92 M3, Jet Black, ZCP Join Date: Mar 2012 Location: Fort Lauderdale, FL iTrader: (0)	This dealer is total poo poo. Always loved the pin stripes line item, it's listed on the window sticker for every car this dump next to the county dump sells!!
	Appreciate 0 Quote

08-14-2016, 08:25 PM	#28
GreenLantern Lieutenant 101 Rep 487 Posts Drives: 991.2 GT3 Join Date: Apr 2012 Location: Palm Springs, CA iTrader: (0)	I have nothing against preowned cars getting adjusted to true "market values" by franchised dealers. My beef is when they mark up brand new, untitled cars. Cars that could've / should've gone to enthusiasts. (Many of these dealers will turn down enthusiast deposits because they plan to "float" the incoming car at "market value.") Ferrari NA and McLaren NA, for example, strictly prohibit this. Ferrari even has a policy where franchised dealers are not permitted to list brand new Ferrari's on Cars.com, AutoTrader, etc. Sure, those dealers play games where they get their loyal customers to buy new cars at MSRP, drive them for 1k miles, trade them in at MSRP (so minimal loss, if any, to the client), and then they mark them up and sell preowned. But at least their enthusiasts manage to get the new cars at MSRP. An M4 GTS marked up to $250k is absurd. You can get a lightly used 2016 911 GT3 RS, 2015 McLaren 650S, Ferrari 458 Italia, Lamborghini Huracan, for $250k or less. Blatant markups like this taint the brand. Last edited by GreenLantern; 08-14-2016 at 08:41 PM..
	Appreciate 0 Quote

08-14-2016, 08:39 PM	#29
TrevorM3 Banned 3323 Rep 8,083 Posts Drives: 6.3 AMG Join Date: Apr 2013 Location: Florida iTrader: (0)	someone please find the guy who bought it and invite him to the boards. there is literally nothing about that car that warrants a six figure price tag.
	Appreciate 1 MPerformance211274.00 Quote

08-14-2016, 09:09 PM	#34
GreenLantern Lieutenant 101 Rep 487 Posts Drives: 991.2 GT3 Join Date: Apr 2012 Location: Palm Springs, CA iTrader: (0)	Some examples of what you can get for around or under $250k: McLare 650S - https://www.cars.com/for-sale/search...=GN_REFINEMENT Lamborghini Huracan - https://www.cars.com/for-sale/search...rchSource=SORT Ferrari 458 Italia - https://www.cars.com/for-sale/search...les&sf2Dir=ASC 2016 Porsche 911 GT3 RS - https://www.cars.com/for-sale/search...=GN_REFINEMENT And these are list prices, too. With some minor negotiation, you can get lower. I'm not saying either is better than the M4 GTS; that's for the individual owner/driver to decide. But, the cars listed above are in a completely different league with respect to what "type" of a car they are.
	Appreciate 1 MPerformance211274.00 Quote

08-14-2016, 09:11 PM	#36
Ghetto2315 Colonel 831 Rep 2,352 Posts Drives: 16' BMW i8 Join Date: Feb 2012 Location: The REAL Jersey Shore iTrader: (1) Garage List 2001 BMW M3 E46 CON ... [9.50] 2016 BMW i8 [10.00] 2003 JEEP GRAND CHE ... [0.00] 2000 540i SPORT E39 [10.00] 2007 TOYOTA TACOMA ... [0.00]	AMV = Adjusted Market Value
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08-14-2016, 09:11 PM	#37
davey111483 First Lieutenant 109 Rep 364 Posts Drives: my GF crazy! Join Date: Jan 2014 Location: NorCal iTrader: (0) Garage List 2016 BMW M4 ZCP [0.00]	For that price i'd get myself a ferrari or a lambo. A used one but still you're in a different territory. __________________ What is power without control?
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08-14-2016, 09:15 PM	#38
Powerbeast Lieutenant General 5423 Rep 10,825 Posts Drives: F80 M3 RarriRot Join Date: Mar 2009 Location: SoCal iTrader: (4)	Although I personally wouldn't pay $250K for the GTS I can vouch for it being worth every penny.
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08-14-2016, 10:46 PM	#41
dzvero Lieutenant Colonel 530 Rep 1,514 Posts Drives: 2015 M$4 F82 Join Date: Dec 2015 Location: CA iTrader: (2)	Strippers are included !
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08-14-2016, 11:15 PM	#43
m3aviator Banned 131 Rep 596 Posts Drives: BMWs Join Date: Apr 2014 Location: NJ iTrader: (0)	They pinstriped a GTS?!?!?!? What morons!
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08-14-2016, 11:28 PM	#44
DieGrüneHölle Colonel 1309 Rep 2,787 Posts Drives: M Join Date: Nov 2011 Location: bmw iTrader: (0)	Anyone that got these for msrp should sell theirs while they are hot. This is going to be the peak of the GTS market. Make a quick $100k+, quickly call your nearest Porsche dealer and get on the 2018 GT2 RS allocation list.
	Appreciate 0 Quote