09-21-2022, 01:40 PM | #67 |
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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, 03:08 PM | #69 |
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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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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, 11:52 AM | #76 | ||
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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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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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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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09-22-2022, 06:15 PM | #81 |
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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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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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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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09-23-2022, 09:21 AM | #85 | |
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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, 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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