07-26-2019, 10:31 AM | #1123 | ||
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So far I've been laughed at, told I was crazy, and if these deals existed there would be no more cs for sale. |
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07-26-2019, 10:42 AM | #1124 | |||
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Chris Paul59.50 |
07-26-2019, 10:49 AM | #1125 | ||||
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07-26-2019, 05:02 PM | #1127 |
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Show them this as well:
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Oswiff162.00 Chris Paul59.50 |
07-27-2019, 05:34 PM | #1129 |
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07-27-2019, 05:39 PM | #1130 | |
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Same guy who said these deals don't exist and if it did there wouldn't be any cs's left. |
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07-27-2019, 06:08 PM | #1131 | ||
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07-27-2019, 06:19 PM | #1132 | |||
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Best thing you can do is to lock the rates for july since it has good incentives and find the dealer in case your search gets longer |
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Oswiff162.00 |
07-27-2019, 06:21 PM | #1133 | |||
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07-27-2019, 09:44 PM | #1134 |
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A lot of dealers are, frankly, borderline incompetent in selling cars. They don’t seem to understand that they’re selling a fungible product and not a Mona Lisa. Their advantage is (or should be) in moving volume, rather than maximizing profit on each and every car - that approach is a race to the bottom and in markets with a lot of competition, it’s a quick road to poor performance. What really gets me is dealers offering submarket discounts on low volume (eg M cars) vehicles that have been stuck in inventory for months. It’s like “dude, your hypothetical buyer willing to take the car at your measly discount hasn’t showed up ... in months ... next model year is already here ... and you’re paying floor plan and tying up capital you can use on the next car ... and these cars are doing nothing but depreciating with every single day, it’s not a collectible ... just play ball on your car and try again on the next one at least”. Dealers have close to zero leverage in most markets - it’s a buyer’s market due to selling the same exact product. It seems so obvious yet apparently not.
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07-28-2019, 06:13 PM | #1135 | |
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I have bought a lot of cars over the past several years and became friends with multiple GMs and couple of owners and thus have some insight about what goes on 1. Not every dealership operates using the same business model... Some focus on volume , others focus on profit per car and some are in between. In general privately owned dealerships focus on profit/car and they have been around for years and maybe couple of generations and they are still in business so you can't argue with that 2. Human behavior repeats itself.. They can always count on a customer stopping by and falling in love with what they have on the lot , and buy a car. I have seen cars sold after over a year on the lot close to sticker, because some people don't have a clue about cars/model year etc. 3. A lot of people will buy local even if they know, that they can get a better deal somewhere else. Some people still believe that your local dealer will not service your car unless you bought from that dealer 4. A lot of people waste their money for whatever reason and spending on a car is no different. 5. I can go on for a while Botton line : I look at it as a positive. I am glad that the dealers have different business models , and not all customers demand same aggressive deals An old lady told me once " It takes all kind of people for the world to turn around" and I fully agree with that |
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07-28-2019, 08:03 PM | #1136 |
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There’s not much reason to tirelessly debate this . 3 of your 5 points amount to hoping/waiting for an uninformed/financially frivolous buyer. No doubt they exist, but I’d find that a risky bet - particularly when a car has already been sitting on the lot for many months (so empirically it’s either not catching that eye of a buyer and/or pricing isn’t working). Sure someone can come in tomorrow but my point is that’s a seemingly unintelligent way to operate car sales, particularly for low volume vehicles to begin with.
There are of course different strategies dealers employ. And it behooves them to be aware of their market, which is constantly in flux and varies by model. If you’re the sole BMW dealer in a 100 mile radius, sure, you have some leverage over customers. But if you’re in a saturated area with lots of competition, it’s going to be tough to operate on maxing out profit/car. If you’re a dealer that gets choice and limited allocations on rare cars? Yup, you can milk that too. Porsche does this well for their high end 911s and of course Ferrari is famous for not selling you a car even if you have the money. BMW, of course, doesn’t generally have this luxury - occasionally they’ll release a new relatively limited car and dealers with early allocations can capitalize on that (eg upcoming M8 is likely to be next example). Also, some dealers might be great at moving other models - they’re just incompetent when it comes to more specialized vehicles, perhaps ones whose buyers, on avg, are more informed. Or their service dept knocks it out of the park, or whatever. Them “being in business” is a somewhat low bar. Again, at the end of the day, they’re selling a fungible product 99% of the time. These aren’t bespoke products like handmade art or real estate or collectibles. There’s virtually zero chance any car they’re holding will gain value while it’s in their possession. They need to move them as their value is only dropping, or their competitors will. It’s fine (and expected) that not everyone seeks aggressive deals. There’s a bell curve and associated tails. I’m hoping most people on this forum have enough informational advantage to be in the right tail . |
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07-29-2019, 01:09 AM | #1137 |
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https://www.swapalease.com/mobile/le...?salid=1388336. This guy is asking for some serious cash down.
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07-29-2019, 07:16 PM | #1138 | |
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$739 + $220 = $959/month Its not that bad of deal actually if you look at this one. This one is sold with same amount of down with about $100 cheaper in payment but $6000 lower in msrp https://www.swapalease.com/mobile/le...?salid=1375212 Just pointers to those who are still looking for one. Bmw san luis obispo(CA) is willing give 19.3% off msrp before incentives Selling the car at 93,500 msrp is 115,815 It feels like you can actually push more for more discount. Just got an email from general manager Someone try |
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07-29-2019, 07:36 PM | #1139 | ||
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07-30-2019, 11:50 AM | #1140 |
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Im trying to help anyone who is still looking for CS
Bmw San luis Obispo is willing to sell their SMB for 21% off msrp before incentives Msrp is 115k |
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07-30-2019, 12:19 PM | #1141 | |
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That’s a good deal if they’ll do base MF and not play backend games. |
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07-30-2019, 12:21 PM | #1142 | ||
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07-30-2019, 12:37 PM | #1143 | |
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If any forum members are still in the market but aren't local to that dealer, I'd ask them if they would also cover (and arrange) enclosed shipping and then take the deal (again, assuming buy rate MF and nothing funny in the deal). If you're local, take another 2% off the dealer discount, tell them you'll close this month, and see where you net out. |
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07-30-2019, 12:42 PM | #1144 | |
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BMW family... for now.
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