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      09-21-2022, 01:40 PM   #67
solehead74
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My local dealership has an Orange one and they're not marking it up. They're letting people make offers (essentially bids) and whoever bids highest gets the chance to buy it 🥴
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      09-21-2022, 02:42 PM   #68
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So much LOL!!!!
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      09-21-2022, 03:08 PM   #69
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My local dealership has an Orange one and they're not marking it up. They're letting people make offers (essentially bids) and whoever bids highest gets the chance to buy it 🥴
What?!!!
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      09-21-2022, 03:38 PM   #70
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Wonder what it would sell at when the bubble burst
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      09-21-2022, 03:41 PM   #71
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Quote:
Originally Posted by M3macster View Post
What?!!!
I personally know and have verified two dealers doing this with M4 CSL’s. Car is for sale to the highest offer/bidder they receive. No price on the car itself, you must make a bid over MSRP that is better than others ones already made.

Crazy times for sure.
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      09-22-2022, 05:13 AM   #72
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$30k over is insulting period.

Imagine getting totaled within the first year… you think your insurance will give you $30k over MSRP back?

The market is turning around for sure now. I have dealers contacting me again talking about new vehicles they have in stock and how amazing and unprecedented it is that they can make them available to me given the market. Don't BS me…you have inventory that's not moving as fast and hence the mass emails with deals are starting to go out again.

Remember the dealerships that treated you unkindly when the market fully turns around… don't buy from them and let their cars sit on the lot. Anything over MSRP is price gouging period. I know I know they have to sell it over MSRP to keep the lights on at their poor suffering dealership until you read the financials and realize they made more profit in the last couple years than ever before. Tell them you need to keep the lights on at your house too
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      09-22-2022, 07:19 AM   #73
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Brilliant red. Enhances this car's visual appeal IMO. Hope no one buys it at that mark up! That's one greedy as dealer. Jeez! Just by reading that number on OP's post made my heart palpitate.
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      09-22-2022, 08:56 AM   #74
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$30K markup on an M3? Imagine being the idiot that actually goes for that.
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      09-22-2022, 09:53 AM   #75
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Not sure why, but I thought these had the CF inlets.
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      09-22-2022, 11:52 AM   #76
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Quote:
Originally Posted by Draper View Post
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Originally Posted by FrozenGT View Post
It's not worth anything over MSRP. Have the dealer prove to you it's going to hold its value and it's worth $30K over..
Value is in the eye of the beholder.

The value here is you get to own and drive a great car today.

It will sell for over sticker, but maybe not $30K over.
I recall last gen m3's at launch also selling 8-10 over msrp. That shift under msrp eventually turned.

Automakers now though will just cut back supply. It's a brave new world of supply chain "malarkey" that's being pumped from sales all the way around the world media.

Collectively if we all called BS- this sort of 30,000 price gouge wouldn't be happening.

So much for demand of ice "simmering" down. What EV is selling for 30,000 over at the mount? Taycan maybe? Lucid and Tesla now look like heroes where dealers are being exposed as the villains they might be…
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      09-22-2022, 12:06 PM   #77
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Quote:
Originally Posted by JK479 View Post
I recall last gen m3's at launch also selling 8-10 over msrp. That shift under msrp eventually turned.

Automakers now though will just cut back supply. It's a brave new world of supply chain "malarkey" that's being pumped from sales all the way around the world media.

Collectively if we all called BS- this sort of 30,000 price gouge wouldn't be happening.

So much for demand of ice "simmering" down. What EV is selling for 30,000 over at the mount? Taycan maybe? Lucid and Tesla now look like heroes where dealers are being exposed as the villains they might be…
Sure, but what we are seeing here is different.

The M3 is already in short supply so any on the ground xDrive car is going to see ADM of 10-15K. The dealer feels this is a special car, so they are asking for 30K.

We can argue if this is reasonable or not, but it doesn't matter. They have a single car to sell at this price, and chances are someone who has more money than patience will decide to pick it up.

Time will tell what happens to resale prices in the future, but higher prices and low supply of new cars would seem to suggest used car prices may not drop as much as they have in the past.
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      09-22-2022, 01:10 PM   #78
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Quote:
Originally Posted by Draper View Post
Quote:
Originally Posted by JK479 View Post
I recall last gen m3's at launch also selling 8-10 over msrp. That shift under msrp eventually turned.

Automakers now though will just cut back supply. It's a brave new world of supply chain "malarkey" that's being pumped from sales all the way around the world media.

Collectively if we all called BS- this sort of 30,000 price gouge wouldn't be happening.

So much for demand of ice "simmering" down. What EV is selling for 30,000 over at the mount? Taycan maybe? Lucid and Tesla now look like heroes where dealers are being exposed as the villains they might be…
Sure, but what we are seeing here is different.

The M3 is already in short supply so any on the ground xDrive car is going to see ADM of 10-15K. The dealer feels this is a special car, so they are asking for 30K.

We can argue if this is reasonable or not, but it doesn't matter. They have a single car to sell at this price, and chances are someone who has more money than patience will decide to pick it up.

Time will tell what happens to resale prices in the future, but higher prices and low supply of new cars would seem to suggest used car prices may not drop as much as they have in the past.
Low supply by design. If the profit margin is usually 7-10 percent on a bmw- and they can command 30,000 more? That's a better model than discounting cars , selling more and having to pay bmw for them too.

Dealerships have captured a pure profit model currently disguised by a chip shortage. Maybe it's true- or maybe it's designed to reduce cost from the make and helping the dealership get more for each car.
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      09-22-2022, 02:42 PM   #79
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Love the Pokemon Island color man.
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      09-22-2022, 03:44 PM   #80
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Quote:
Originally Posted by JK479 View Post
Quote:
Originally Posted by Draper View Post
Quote:
Originally Posted by JK479 View Post
I recall last gen m3's at launch also selling 8-10 over msrp. That shift under msrp eventually turned.

Automakers now though will just cut back supply. It's a brave new world of supply chain "malarkey" that's being pumped from sales all the way around the world media.

Collectively if we all called BS- this sort of 30,000 price gouge wouldn't be happening.

So much for demand of ice "simmering" down. What EV is selling for 30,000 over at the mount? Taycan maybe? Lucid and Tesla now look like heroes where dealers are being exposed as the villains they might be…
Sure, but what we are seeing here is different.

The M3 is already in short supply so any on the ground xDrive car is going to see ADM of 10-15K. The dealer feels this is a special car, so they are asking for 30K.

We can argue if this is reasonable or not, but it doesn't matter. They have a single car to sell at this price, and chances are someone who has more money than patience will decide to pick it up.

Time will tell what happens to resale prices in the future, but higher prices and low supply of new cars would seem to suggest used car prices may not drop as much as they have in the past.
Low supply by design. If the profit margin is usually 7-10 percent on a bmw- and they can command 30,000 more? That's a better model than discounting cars , selling more and having to pay bmw for them too.

Dealerships have captured a pure profit model currently disguised by a chip shortage. Maybe it's true- or maybe it's designed to reduce cost from the make and helping the dealership get more for each car.
I disagree, they are making up for lack of volume not earning more profit. My $0.02.
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      09-22-2022, 06:15 PM   #81
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Quote:
Originally Posted by Predatar View Post
I personally know and have verified two dealers doing this with M4 CSL’s. Car is for sale to the highest offer/bidder they receive. No price on the car itself, you must make a bid over MSRP that is better than others ones already made.

Crazy times for sure.
I think that is a better way to do it. Have a deadline (2-weeks) and highest offer takes it.
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      09-22-2022, 07:12 PM   #82
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Quote:
Originally Posted by Predatar View Post
I personally know and have verified two dealers doing this with M4 CSL’s. Car is for sale to the highest offer/bidder they receive. No price on the car itself, you must make a bid over MSRP that is better than others ones already made.

Crazy times for sure.
Ford dealers are doing the same with the Raptor R.

In my area, one was a flat $50K over and wouldn't budge. Another said they'll take bids once it arrives.

Hard for me to wrap my head around a $160K+ F150…but I doubt it will sit there long.
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      09-22-2022, 08:24 PM   #83
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Quote:
Originally Posted by M3macster View Post
Quote:
Originally Posted by JK479 View Post
Quote:
Originally Posted by Draper View Post
Quote:
Originally Posted by JK479 View Post
I recall last gen m3's at launch also selling 8-10 over msrp. That shift under msrp eventually turned.

Automakers now though will just cut back supply. It's a brave new world of supply chain "malarkey" that's being pumped from sales all the way around the world media.

Collectively if we all called BS- this sort of 30,000 price gouge wouldn't be happening.

So much for demand of ice "simmering" down. What EV is selling for 30,000 over at the mount? Taycan maybe? Lucid and Tesla now look like heroes where dealers are being exposed as the villains they might be…
Sure, but what we are seeing here is different.

The M3 is already in short supply so any on the ground xDrive car is going to see ADM of 10-15K. The dealer feels this is a special car, so they are asking for 30K.

We can argue if this is reasonable or not, but it doesn't matter. They have a single car to sell at this price, and chances are someone who has more money than patience will decide to pick it up.

Time will tell what happens to resale prices in the future, but higher prices and low supply of new cars would seem to suggest used car prices may not drop as much as they have in the past.
Low supply by design. If the profit margin is usually 7-10 percent on a bmw- and they can command 30,000 more? That's a better model than discounting cars , selling more and having to pay bmw for them too.

Dealerships have captured a pure profit model currently disguised by a chip shortage. Maybe it's true- or maybe it's designed to reduce cost from the make and helping the dealership get more for each car.
I disagree, they are making up for lack of volume not earning more profit. My $0.02.
Have you though about the cash they save by not holding 300 cars on a lot?

Volume sales are now a distant memory that no one will have to go back to. Just my 2 cents too- I could be wrong but GM's have told me they like this model of msrp, order and lists.

What's lost is the wonder- that moment where you see something and it's beautiful and you bite. And get a great deal. It's replaced with- we have something here- 30,000.00 over msrp. That's not fate- that's robbery.
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      09-22-2022, 08:27 PM   #84
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Part numbers for the carbon bucket headrest!?
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      09-23-2022, 09:21 AM   #85
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Quote:
Originally Posted by JK479 View Post
Have you though about the cash they save by not holding 300 cars on a lot?

Volume sales are now a distant memory that no one will have to go back to. Just my 2 cents too- I could be wrong but GM's have told me they like this model of msrp, order and lists.
Depends on the dealer and their original business model. A high volume dealer with a lot of real estate, sales staff, support systems in place to move large volume aren't going to do as well as a smaller dealer who's volume might not have moved much but now their margin is 10-15k better per unit.

Also different between luxury and mainstream manufacturers. Luxury brands will do better as their customers are less price sensitive, they are already smaller volume, and cover greater territory. A typical Ford/GM store might be doing great or might be struggling in the new world depending on how well they're managed and their local market.

On average i believe same store profits and manufacturer profits are both up in total $ and in margin, but it's not universal across dealers
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      09-23-2022, 10:42 AM   #86
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These clowns have listed a 50 Jahre with a $50K market adjustment.

https://www.bmwofsilverspring.com/ne...f0a3e783b1.htm
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      09-23-2022, 12:32 PM   #87
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I don’t uderstand why these jahre’s have these mark ups. They are m3s with individual color, grey wheels, and vader stripes in the seats….
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      09-23-2022, 01:05 PM   #88
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Yes, the markups being asked are insane. That being said, there are some opportunities out there.

I bought my 50 Jahre (in Lime Rock Grey) from dealership stock here in SoCal for only slightly over MSRP. Was worth it to me paying a small markup to get a car now rather than wait months more for my custom order that didn't yet have a production number. Been waiting since January for an allocation...

It really is just a cosmetic & option package, so I can't understand why dealers think they can get away with huge markups on them. Nothing super special about this edition over the normal ones.
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