Over MSRP?

Needsdecaf · 01-23-2014, 09:17 AM

Called my local dealer about getting on a "waiting list". Sales Manager called me back, told me there is no list, and that he'd be happy to give me right of first refusal for the first allocation for an M3. With no deposit.

This is a dealer with decent allocations too.

It's all a game and market specific.

jeremicium · 01-24-2014, 01:01 AM

Not sure why so many are jumping all over Desmond. Panties in a bunch? He made a post about something that is on a lot of peoples mind. You don't like what he's saying, move on to the next thread.

For what its worth. the well known David Aviles does not seem to be having much luck with allocations, or great pricing. Same goes for the military purchase program. I want one of these babies, but there is a limit to how foolishly i'll spend my money. So waiting a year might be the best option.

Reid · 01-24-2014, 02:42 AM

Quote:

Originally Posted by jeremicium

Not sure why so many are jumping all over Desmond. Panties in a bunch? He made a post about something that is on a lot of peoples mind. You don't like what he's saying, move on to the next thread.

The car will be sold at launch for MSRP. If that's not a "fair" price to you, that's fine, but there's no need to complain.

Personally, if I were disciplined enough to make a rational car purchase, I would be buying a Toyota Corolla, not a M4.

A used Toyota Corolla.

absoluteis350 · 01-24-2014, 08:06 AM

Quote:

Originally Posted by Reid

Personally, if I were disciplined enough to make a rational car purchase, I would be buying a Toyota Corolla, not a M4.

A used Toyota Corolla.

Haha.. very well put

kdphan · 01-24-2014, 10:29 AM

Quote:

Originally Posted by jeremicium

Not sure why so many are jumping all over Desmond. Panties in a bunch? He made a post about something that is on a lot of peoples mind. You don't like what he's saying, move on to the next thread.

For what its worth. the well known David Aviles does not seem to be having much luck with allocations, or great pricing. Same goes for the military purchase program. I want one of these babies, but there is a limit to how foolishly i'll spend my money. So waiting a year might be the best option.

The car is afterall...a toy

7% off US MSRP or even 10% off MSRP is a big chunk

I will most likely wait and probably try to get an M235i for now

jeremicium · 01-24-2014, 10:53 AM

Quote:

Originally Posted by Reid

The car will be sold at launch for MSRP. If that's not a "fair" price to you, that's fine, but there's no need to complain.

Personally, if I were disciplined enough to make a rational car purchase, I would be buying a Toyota Corolla, not a M4.

A used Toyota Corolla.

What? complaints are half of the forum posts. You have exceptionally useful DIY posts...and complaints. I was just not sure why people were giving the OP so much shit.

As for the last part you said...that's why I said there are limits to how foolishly I'll spend my money. I'm not disciplined enough to buy a sensible car either, on the other hand I can't live with being bent over in a deal for the car I want.

Maybe wait a year for the M3, or my CA has already said he could get me into a eurodelivery M235i at below euro msrp...so that may be the way to go.

track_warrior · 01-24-2014, 12:41 PM

Dealer in town asked me for msrp and the only discount they can give me is the bmw loyalty.

Black Gold · 01-24-2014, 12:42 PM

Quote:

Originally Posted by track_warrior

Dealer in town asked me for msrp and the only discount they can give me is the bmw loyalty.

the bmw loyalty is if you bought a new bmw from them, or if you own a bmw?

signes · 01-24-2014, 01:58 PM

Own a BMW and have been a member of BMWCCA for more than one year.

track_warrior · 01-28-2014, 03:19 PM

Quote:

Originally Posted by signes

Own a BMW and have been a member of BMWCCA for more than one year.

Those are two separate discounts. There is one for BMW CCA and another for bmw loyalty. I think for bmw loyalty you must have bought a new car from them during the last 2-3 years.

solstice · 01-28-2014, 03:35 PM

As I understand it the loyalty credit is from BMW FS and thereby only available when you finance or lease. For us that buy cash do you know if there is a minimum sum that need to be financed? I.e can I finance $100 and get the loyalty credit?

dmk08 · 01-28-2014, 04:37 PM

Quote:

Originally Posted by solstice

As I understand it the loyalty credit is from BMW FS and thereby only available when you finance or lease. For us that buy cash do you know if there is a minimum sum that need to be financed? I.e can I finance $100 and get the loyalty credit?

I'm not sure but I was told just this morning that there is not currently a loyalty credit but one may be available before I take delivery.

48Laws · 01-28-2014, 07:43 PM

Funny how we have to pay dealers our money to spend more of our money. Think about it.

Real Deal · 01-28-2014, 08:17 PM

Quote:

Originally Posted by solstice

As I understand it the loyalty credit is from BMW FS and thereby only available when you finance or lease. For us that buy cash do you know if there is a minimum sum that need to be financed? I.e can I finance $100 and get the loyalty credit?

No, I think they have a treshold.. I am a banker and I have to ask this. Why pay cash? You can get a loan at 1.99 apr and pretty much play with house money and put your money in stocks as I am sure you already have tons to pay 70k cash for a car (not arguing just want to see the logics behind it as I have seen a few other posters do the same)

solstice · 01-28-2014, 10:34 PM

Quote:

Originally Posted by Real Deal

No, I think they have a treshold.. I am a banker and I have to ask this. Why pay cash? You can get a loan at 1.99 apr and pretty much play with house money and put your money in stocks as I am sure you already have tons to pay 70k cash for a car (not arguing just want to see the logics behind it as I have seen a few other posters do the same)

We have been debt free for the last 15 years. It's a lifestyle choice that makes us happy. I've no arguments on what is the best investment strategy. It's a discussion that is bound to derail

m3ct · 01-28-2014, 10:37 PM

My guy in CT said he'd give 1500 off MSRP, I didn't even ask.

ss134 · 01-30-2014, 01:33 AM

I think part of the problem is that BMW are releasing the car simultaneously in US and Europe. Previous E9x M3 was released later in the US. This will cause a supply and demand issue because obviously they can only build so many cars over a given time period. There are already rumours of limited build slots for the UK. The E60 M5 had a 2 year waiting list from launch in the UK. When this happens and demand is greater than the supply this gives dealers the chance to charge over the list price because they know someone will pay.

Suave · 01-30-2014, 12:25 PM

Quote:

Originally Posted by Jockey

Yep, expect it. My local CA had guys offering $10k over sticker to buy one but alas, all my local dealer's allocations are gone.

I remember seeing $8k markups back in '08 when the E9X came out. And those markups stayed for a while (longer than 6 months).

You must be talking about dealer launch cars sold to customers cause no allocations have been dished out yet to anyone in the US

khanyam4 · 01-30-2014, 07:07 PM

Being able to pay msrp doesn't make them an idiot. They have the money to be the first ones to play. There's nothing wrong with that. Some dealership take advantage and some don't. You don't want to pay msrp we'll guess what you'll have to play the waiting game for a while. It's not that hard Desmond.

iPhone vs android

BMWinGE · 01-31-2014, 04:39 AM

I don't think there is anything wrong with having to pay MSRP for a newly released model, especially one with a limited supply. I'm actually more surprised with the people that expect huge discounts. Big discounts hasn't always been the case, especially with BMWs. Not sure when the expectation changed but when I first started looking at new cars (mid 90s) I remember only the American cars offered significant discounts. Now it seems everyone expects invoice pricing which has led to the inflated MSRPs.

Trutchy · 02-06-2014, 10:12 AM

think yourself lucky... i live in Dubai and was just quoted 99,100 USD for an M3!!

I wont be buying one at that price..!! BMW did such a good job with the 1M enticing me to be a BMW customer for the first time.. But sorry i'm not F***ing stupid! Later BMW, you lost me!

Jockey · 02-06-2014, 05:00 PM

Quote:

Originally Posted by Suave

You must be talking about dealer launch cars sold to customers cause no allocations have been dished out yet to anyone in the US

Could be. He sounded pretty confident that the dealership was only getting two cars this year (one M3 and one M4) and they are already spoken for.

01-23-2014, 09:17 AM	#67
Needsdecaf Major General 6595 Rep 6,694 Posts Drives: 2024 G80 Comp xDrive Join Date: Feb 2011 Location: The Woodlands, TX iTrader: (0)	Called my local dealer about getting on a "waiting list". Sales Manager called me back, told me there is no list, and that he'd be happy to give me right of first refusal for the first allocation for an M3. With no deposit. This is a dealer with decent allocations too. It's all a game and market specific.
	Appreciate 0 Quote

01-24-2014, 01:01 AM	#68
jeremicium Major 171 Rep 1,178 Posts Drives: 2011 E92 328i Join Date: May 2009 Location: Tacoma, Wa. USA iTrader: (0) Garage List 2011 BMW 328i [0.00] 2009 Porsche Cayman S [0.00] 2016 BMW M2 [0.00] 2001 Honda S2000 [0.00]	Not sure why so many are jumping all over Desmond. Panties in a bunch? He made a post about something that is on a lot of peoples mind. You don't like what he's saying, move on to the next thread. For what its worth. the well known David Aviles does not seem to be having much luck with allocations, or great pricing. Same goes for the military purchase program. I want one of these babies, but there is a limit to how foolishly i'll spend my money. So waiting a year might be the best option.
	Appreciate 0 Quote

01-24-2014, 12:41 PM	#73
track_warrior Captain 98 Rep 728 Posts Drives: F80 M3 Join Date: Oct 2010 Location: Merida, Yucatan iTrader: (1)	Dealer in town asked me for msrp and the only discount they can give me is the bmw loyalty. __________________ Compensating a heavy car with horsepower is like giving an alcoholic cocaine to sober him up...
	Appreciate 0 Quote

01-24-2014, 01:58 PM	#75
signes Brigadier General 199 Rep 4,318 Posts Drives: 991 GT3 RS Join Date: Sep 2008 Location: Living at (almost...) 9k iTrader: (5)	Own a BMW and have been a member of BMWCCA for more than one year. __________________ GT3 RS \| Desperately seeking the next great M car...
	Appreciate 0 Quote

01-28-2014, 03:35 PM	#77
solstice Major General 5457 Rep 7,037 Posts Drives: 2015 M3 6MT Join Date: May 2013 Location: Seattle iTrader: (0)	As I understand it the loyalty credit is from BMW FS and thereby only available when you finance or lease. For us that buy cash do you know if there is a minimum sum that need to be financed? I.e can I finance $100 and get the loyalty credit?
	Appreciate 0 Quote

01-28-2014, 07:43 PM	#79
48Laws Banned 705 Rep 1,908 Posts Drives: '15 F80, '18 991.2 GTS Join Date: Nov 2010 Location: East Coast iTrader: (0)	Funny how we have to pay dealers our money to spend more of our money. Think about it.
	Appreciate 0 Quote

01-28-2014, 10:37 PM	#82
m3ct Lieutenant 351 Rep 458 Posts Drives: 2022 M3 Competition xDrive Bro Join Date: Aug 2013 Location: CT iTrader: (0)	My guy in CT said he'd give 1500 off MSRP, I didn't even ask.
	Appreciate 0 Quote

01-30-2014, 01:33 AM	#83
ss134 Brigadier General 230 Rep 3,899 Posts Drives: F80 M3 Join Date: Feb 2009 Location: Germany/UK iTrader: (1)	I think part of the problem is that BMW are releasing the car simultaneously in US and Europe. Previous E9x M3 was released later in the US. This will cause a supply and demand issue because obviously they can only build so many cars over a given time period. There are already rumours of limited build slots for the UK. The E60 M5 had a 2 year waiting list from launch in the UK. When this happens and demand is greater than the supply this gives dealers the chance to charge over the list price because they know someone will pay. __________________ 2014 AW F80 M3 DCT 2011 AW E90 M3 DCT - Sold 2010 JZB E90 M3 DCT - Sold 2009 6MT E90 LCI 335i M -Sport - Sold
	Appreciate 0 Quote

01-30-2014, 07:07 PM	#85
khanyam4 Ring Leader of G8X Trolls 802 Rep 1,762 Posts Drives: NA Join Date: Jun 2009 Location: 33.7743° N, 117.9380° W iTrader: (0)	Being able to pay msrp doesn't make them an idiot. They have the money to be the first ones to play. There's nothing wrong with that. Some dealership take advantage and some don't. You don't want to pay msrp we'll guess what you'll have to play the waiting game for a while. It's not that hard Desmond. iPhone vs android
	Appreciate 0 Quote

01-31-2014, 04:39 AM	#86
BMWinGE Captain 32 Rep 662 Posts Drives: BMW Join Date: May 2007 Location: North Carolina iTrader: (0)	I don't think there is anything wrong with having to pay MSRP for a newly released model, especially one with a limited supply. I'm actually more surprised with the people that expect huge discounts. Big discounts hasn't always been the case, especially with BMWs. Not sure when the expectation changed but when I first started looking at new cars (mid 90s) I remember only the American cars offered significant discounts. Now it seems everyone expects invoice pricing which has led to the inflated MSRPs.
	Appreciate 0 Quote

02-06-2014, 10:12 AM	#87
Trutchy Private 21 Rep 87 Posts Drives: F80 M3 Join Date: Mar 2011 Location: Dubai iTrader: (0)	think yourself lucky... i live in Dubai and was just quoted 99,100 USD for an M3!! I wont be buying one at that price..!! BMW did such a good job with the 1M enticing me to be a BMW customer for the first time.. But sorry i'm not F***ing stupid! Later BMW, you lost me!
	Appreciate 0 Quote