08-03-2022, 12:48 AM | #24 |
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OP keeps saying "supply and demand" but doesn't even own the supply yet.
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08-05-2022, 09:41 AM | #26 |
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My local dealer sent me a spec sheet for an M3 Comp xDrive, no mark-up. Completed, but still at port for a couple months. Zero mark-up. Trying to sell a build for $15k is nuts.
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08-05-2022, 10:52 AM | #28 |
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Well it’s built now, and I just saw your post listing your car for $98k if not mistaken. Assuming that’s more than msrp. $15k was and is negotiable for someone who doesn’t want to wait several months for a 2023. Believe there is only 1 2023 listed on autotrader currently that isn’t a pre-sold order. So if necessary I’ll list the car online once I have it. Figured I’d offer it to members looking here first. Once I have possession i wouldn’t ask $15k over, but it will be over msrp. Simple supply and demand
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08-05-2022, 01:25 PM | #29 | |
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Wrong....Hendricks owns the car but he has a signed contract and deposit on it. It's HIS until they take delivery and he then says he doesn't want it. If they did void it, which they won't. they would have to give him his deposit back. Everyone is all in a tizzy here, but selling an allocation isn't unheard of in this market. Especially if the car is 3 to 5 weeks from delivery. To some that is worth something. I do think OP is being a little greedy and aggressive with the $15k price tag, but at the end of the day, it's worth whatever someone will pay for it. Probably not going to happen here. You should join the wholesale buyers group on facebook... Pretty sure there's alot of this going on there and guys will pay.
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08-05-2022, 02:35 PM | #30 | |
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May seem greedy to some, but as I’ve said before i was open to offers and that was just a starting number. The offer I have mean this car will be listed pretty much at what i started at, plus tax at the dealer…if not more |
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08-05-2022, 02:56 PM | #31 |
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Dealership owns the vehicle and they can sell it to anyone even though there is a signed contract. I dont think any dealer would allow the prospective buyer to make a profit over MSRP until that person signs the dotted line. If they are a customer oriented dealer, they would offer the vehicle to the next person in line or advertise it for MSRP. If they are a greedy dealer, they would grab every other opportunity opportunity to sell it over sticker. I would like to see the reaction of that dealership's sales manager when he sees this posting.
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08-05-2022, 03:43 PM | #32 |
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08-05-2022, 08:58 PM | #33 | |
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I just find it comical how people have a huge issue for me offering a very short wait over msrp, but I’m sure you’re not commenting on every for sale ad of used 2022 M3’s that are over original msrp. No worries..I’ll buy it like originally planned, and if i decide to sell it down the road I’m sure i won’t have issue. Never seen so many grown adults get all worked up over offering a vehicle for sale. People list cars for sale all the time over what they are worth or originally cost. Put it this way and then I’m done, if you took delivery of your new M3 and someone offered you $10-20k over what you paid, you’d at the very least consider it if not sell it. Period and there is no more need for opinions. |
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08-06-2022, 09:40 AM | #34 | |
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Lots of pearl clutching here, mostly by non-serious buyers. Actual adults on Rennlist sell things for a profit all the time (example 1 and example 2). Of course, BMW isn't Porsche, but they are both supply constrained and prices directly reflect that. IMHO, once the car lands, OP will have no trouble unloading it for $105K+.
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08-06-2022, 03:20 PM | #35 | |
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08-06-2022, 06:40 PM | #36 | ||
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The fact that no one has taken your offer goes to show you that your deal isn't good. Willing buyer and willing seller and all. No one is selling for 20k over. Your vision of the market is seriously skewed. Three brand new xdrives were just listed here. 10k over msrp, max, and that's the asking price not sell price. |
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08-06-2022, 09:20 PM | #37 |
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OP - I personally could care less how you attempt to make your money.
However, and as someone else mentioned, posting your selling dealership when trying to do this BEFORE you have a deal isn't smart. As you can see there are a lot of people who aren't quite supportive of your endeavor. I say this because I know the sales manager at one of the Hendricks there in Charlotte and I can guarantee he'd pull this from you if he knew what you were doing. There are others with just as many connections in the car community if they disliked your post enough. It's a small world. Good luck.
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08-07-2022, 09:51 AM | #38 | |
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08-07-2022, 11:54 AM | #39 |
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The misunderstanding here is that you dont have an allocation. An allocation is a slot in the factory build schedule. "Your" allocation allows you request the specific build you want, and once the build becomes locked and the car is produced, the allocation is used. You had an allocation, you used it, now the dealer owns a car. They would prefer to sell it you but they will sell it to someone else if you dont want it. Until you take delivery you don't hold anything of value. If you want to complete the sale with the dealer and then try to sell it for a profit nobody is going to take issue with that, you're taking the risk, you own the car and you can do whatever you want with it. But nobody is going to pay you a premium just to buy a car from a dealer that you no longer want.
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08-07-2022, 04:42 PM | #40 | |
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08-08-2022, 07:28 PM | #41 |
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Well…after a ton of back and forth and learning a few things (I’m not a car dealer obviously) I decided to take delivery of the 2023 M3 as stated in my previous comments. First time having an allocation/build for a new car come in so new to the process and was still searching for a 2022 as I waited because I’m impatient lol. After seeing that a majority of folks disagreed and some were fine with it, I decided against selling the spot and was excited for the new car to arrive.
Well, someone on this forum, a fellow enthusiast I assume, has now called the dealer and they are pulling the order from me. So after taking everyone’s comments into consideration and learning a few things along the way, i decided the right thing to do was to just buy the car…but now I can’t. So thank you to whoever didn’t read the whole thread and cared enough to be mad but not enough to message me first and saying “hey you should take this down or I’m going to call the dealer” . I don’t fully understand how dealers make money and their policies because I’ve never worked at one and they are all different I’m sure. In my head they are happy to make the sale at their advertised price. So after basically admitting my faults and saying I’m going to take delivery of and pay for the car, someone has taken that ability away from me. Was I naive to make this post in the first place? Yes, it was basically a feeler post in case i spotted a used one I wanted Was I trying to hide anything or my intentions? No i don’t think anyone trying to hide would have posted the dealership and status and spec of the car Do I regret making the post? Yes Did i mean to piss anyone off by profiting? No, and didn’t think I would because anyone selling a used car right now can’t argue that they are in a good spot to make money due to the market I’m sure whoever made the call will remain anonymous, but perhaps next time you call to tell on someone maybe have a conversation directly with the person first. I would have taken the post down, and even mentioned doing that above but not sure if you even can on this forum. |
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08-08-2022, 07:54 PM | #42 |
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Wow I've never seen an epic "rekt " moment such as this before
But jokes aside, OP, you should have deleted this shit when you had the chance. This isn't a tesla where you sell the allocation for a few bucks. Lesson learned I suppose. |
08-08-2022, 08:03 PM | #43 | |
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But yeah lesson learned. If i knew how to delete the whole post i would have, even mentioned taking it down and just buying the car. Hope whoever called feels good, it’s not the end of the world for me…I’ll get an M3 |
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