01-16-2015, 11:23 PM | #1 |
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Pricing on an M4 Coupe From Inventory
I'm thinking about trading in my 650i Gran Coupe for an M4 coupe. I told the sales manager at my dealership I wanted a break on the MSRP. He told me the cars were selling at MSRP but to tell him what's fair.
What's the market? I'm in Southern California. I'll lease (so the dealer will make a little on the financing).
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Previously: 2014 i8; 2013 650i convertible; 2013 650i Gran Coupe; 2013 X1; 2010 550i GT; 2010 535 GT; 2010 Z4 3.5; 2008 535ixt; 2007 M6 convertible; 2006 650i convertible; 1996 Z3; 1980 633CSi; 1978 630CS; 1972 3.0CS; 1971 Bavaria. (1971; 1979-2005 & 2017 - ? -- the Mercedes years.)
Last edited by MalibuBimmer; 01-16-2015 at 11:28 PM.. |
01-17-2015, 12:24 AM | #2 | |
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01-17-2015, 06:39 AM | #4 |
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So you guys are saying dont take anything unless its close to 7% off MSRP and that should get it on inventory M's? I haven't seen anyone get close to 5K off.. even though I think true invoice is over 8% off. Look at how much is marked down on other models.
I would certainly take 7% right now on a stock car. |
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01-17-2015, 06:50 AM | #5 | |
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Here s a good rough guide to invoice: http://www.costcoauto.com/default.aspx |
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01-17-2015, 08:53 AM | #6 |
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Thanks for all your input.
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Previously: 2014 i8; 2013 650i convertible; 2013 650i Gran Coupe; 2013 X1; 2010 550i GT; 2010 535 GT; 2010 Z4 3.5; 2008 535ixt; 2007 M6 convertible; 2006 650i convertible; 1996 Z3; 1980 633CSi; 1978 630CS; 1972 3.0CS; 1971 Bavaria. (1971; 1979-2005 & 2017 - ? -- the Mercedes years.)
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01-17-2015, 11:14 AM | #7 |
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As you probably know, negotiating with a trade makes buying a new car trickier than buying without a trade. The tricky part is walking away from the deal with both a low price on the new car and a fair price for the trade.
My suggestion is to simplify negotiations. You start by telling the CA you do not intend a trade. In that way you'll establish a price for the new car without a trade. Once that's done, then introduce your trade car. What you will find is the true value of your trade to the dealer. Which is likely the auction price. Then you can decide whether it makes sense to trade it in or sell it yourself. Good luck with it. |
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01-17-2015, 12:02 PM | #8 |
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I'm turning in the Gran Coupe off a lease 6 months early, a new BMW FS program to stimulate new purchases/leases. And I've been practicing law and negotiating for 43 years (so far).
But thanks for the good advice.
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Previously: 2014 i8; 2013 650i convertible; 2013 650i Gran Coupe; 2013 X1; 2010 550i GT; 2010 535 GT; 2010 Z4 3.5; 2008 535ixt; 2007 M6 convertible; 2006 650i convertible; 1996 Z3; 1980 633CSi; 1978 630CS; 1972 3.0CS; 1971 Bavaria. (1971; 1979-2005 & 2017 - ? -- the Mercedes years.)
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01-19-2015, 10:48 AM | #9 | |
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01-19-2015, 10:50 AM | #10 | |
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I have been researching for a couple weeks one after another calling and visiting |
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01-19-2015, 06:14 PM | #11 | |
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Quote:
http://www.longbeachbmw.com/dealersh...rnet-staff.htm
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01-19-2015, 09:22 PM | #12 | |
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Previously: 2014 i8; 2013 650i convertible; 2013 650i Gran Coupe; 2013 X1; 2010 550i GT; 2010 535 GT; 2010 Z4 3.5; 2008 535ixt; 2007 M6 convertible; 2006 650i convertible; 1996 Z3; 1980 633CSi; 1978 630CS; 1972 3.0CS; 1971 Bavaria. (1971; 1979-2005 & 2017 - ? -- the Mercedes years.)
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01-20-2015, 02:52 AM | #14 | ||
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01-20-2015, 06:37 AM | #15 | |
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I would assume that once the CF and leather delays get all cleared up pricing will start to go back down again.
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01-20-2015, 07:26 AM | #16 | |
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01-20-2015, 07:37 AM | #17 | |
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CF roof delays have pushed production on US orders to March/April production which would put deliveries May/June. 2016 models are set to start production in June. IMO I would wait a few extra months and till 2016 comes out since the delays on the 2015 bring you pretty close 2016 productions. No way of knowing when the prices will come down. Its all based on simple supply and demand. Allocations are low and supply is low from BMW then prices will be up with no incentives. If the supply ramps up and dealers start getting more allocations then of course the price will go down. Think about it, if a dealer is getting only 1-2 a month and there is a lot of interest in the car, chances are they are not going to just give it away. There is a lot more to a deal then just money off MSRP.
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