[Sedan_Clan]

Cars are selling for $10-20k over sticker all over the place here in SoCal......and they are moving. I got mine at MSRP, which is decent for SoCal two weeks after the car was released.

[MachinesWithSouls]

Originally Posted by Zingster1

Scenario 1
- you buy with 15k mark up. Stealership is pleased you've made a great decision. You go home with buyers remorse and incredible sense of regret capital...but at least you're among the first to beta test the new car.

Scenario 2
-You negotiate the $15k adjustment away. Dealership leaves you with a sense you made a great deal and only because you were a shrewd negotiator. You go home feeling like if you tried harder, maybe they could have given you 5% off msrp. Maybe more? You'll never know.

Scenario 3
- Walk out with a slight grin to your face. You're at least going to be $15k richer today. You know it's going to be yours eventually but you wait until the dealership feels pain paying interest on its inventory.

Scenario 4: you buy the car literally anywhere else because we have the internet now. Shame on anyone that buys these.

[r3dbimmer89]

Even Ontario BMW is charging a $20k mark up! Sales person mentioned that management is only taking advantage of the demand through the roof. Also made the comment that it's mostly repeat buyers paying the mark-up... been there and done that with the F80...Never again! I'll gladly wait 6 months for a 7% discount.

[heavyD^2]

Is this why everyone is moving out of California? I hate seeing this kind of stuff.

[unfoundnemo]

Originally Posted by MachinesWithSouls

Scenario 4: you buy the car literally anywhere else because we have the internet now. Shame on anyone that buys these.

Eh, it's all relative, I pay a premium for convenience quite often, just on a different scale.

Even when it comes to cars, though... I mean, I probably put a good 4-8 hours of time depending on the car in order to find and secure a good deal myself... add in what is often a 4-6 hour round trip drive for me to pickup the car (once much more, and I've contemplated flying out/driving back or shipping as well), and the countless hours on here figuring out what I want and what other people are paying.... I certainly wouldn't pay over MSRP, but it's likely not worth the hunt to go so far under all the time. I enjoy it, though.

[BzsBimmer]

Originally Posted by heavyD^2

Is this why everyone is moving out of California? I hate seeing this kind of stuff.

If someone moves out of CA because of this, they have a weak constitution and needed to move elsewhere anyway lol.

[Sedan_Clan]

Originally Posted by heavyD^2

Is this why everyone is moving out of California? I hate seeing this kind of stuff.

This stuff occurs in Nevada too.

[golovko]

Originally Posted by Nkr15

The one at BMW SF sold for $30,000 over back in March. $15,000 over will sell easily. They know this that's why it's like that in the first place. Civic Type R sells for $70,000, RS6 for $170,000, TRD PRO Tacoma and Sequoia for $20,000 over. People have more money than brains.

Correction* People have more credit than brains.

[Sedan_Clan]

Originally Posted by golovko

Correction* People have more credit than brains.

It's money. Typically lenders won't finance the overage......or at least not all of it.. You have to pay that up front.

[Vic55]

Originally Posted by Sedan_Clan

It's money. Typically lenders won't finance the overage......or at least not all of it.. You have to pay that up front.

Exactly. BMWFS has a maximum percentage over msrp in their advance.

[VZizzle]

Originally Posted by Vic55

Exactly. BMWFS has a maximum percentage over msrp in their advance.

I doubt anyone paying 15-20k over MSRP is financing. Most are probably the very wealthy who want the car now, not 2-3 months from now, and will pay cash.

[BzsBimmer]

Originally Posted by VZizzle

I doubt anyone paying 15-20k over MSRP is financing. Most are probably the very wealthy who want the car now, not 2-3 months from now, and will pay cash.

I dunno… with 0.9% APR on purchases, it’s almost free money.

[snareman]

I initially sort of complained to my CA that I was only getting about 2.2% off after seeing the numbers people were getting with brokers, but now I think maybe I should be happy

[Vic55]

Originally Posted by BzsBimmer

I dunno… with 0.9% APR on purchases, it’s almost free money.

concur --- we can easily move 100k or whatever into a fund and get a better ROR than .9%

Hell .9% is dda returns.

[LuvMyE92]

Originally Posted by snareman

I initially sort of complained to my CA that I was only getting about 2.2% off after seeing the numbers people were getting with brokers, but now I think maybe I should be happy

You should be. I got three quotes yesterday, $1500 over, MSRP and $1000 under. Natch the $1000 under added on fees and other nonsense but I'm totally disappointed and will wait for the 2022 to place an order and hopefully get a discount.

2.2% is probably $1500 or so? That's pretty good, you should be happy.

[OF Hero]

I'm dreading the initial AWD sales. It's going to be a circus.

[Pantagathus]

Originally Posted by OF Hero

I'm dreading the initial AWD sales. It's going to be a circus.

Particularly with allocations already so thin. Even people who put down deposits for AWD ages ago could be waiting a long time

[OperationSunset]

I'm in the SF Bay area and I've had success getting the price negotiated down to MSRP and even slightly below, despite having +15k markups on the window tags. I just ended up not buying the car because my M2C is too new too get rid of yet. The cars are mostly just sitting on lots, especially M4s. Wait another month and I'm sure we'll be able to consistently get in-stock 2021 M3/4 at sticker or slightly below.

[rak299]

I didn't like paying MSRP for a March M3 base allocation at the end of February, but I guess that was OK. I had told two different dealers asking 10k - 15k over that they could call me if they had anything reasonable to discuss. One did call back with MSRP + 5k, and when I declined, He said what about 2k. On the last day of February, when he needed to use the allocation, he called again and offered MSRP, but I had already found and ordered a different one.

[vetteflier]

The markup at Crevier is bs. My dealer in Colorado Springs got my M4 Comp from them and sold it to me for MSRP-$2500 Veteran Incentive, and they paid the shipping. Obviously, my guy paid something around invoice+ for the car. If they sell dealer to dealer that way, the markup (and I have their $15k markup sticker they left in the glove box) is a simple negotiate away.

[Multimodal]

They're also asking markup on an early production model (https://kilter.com/details?id=290650) that comes without 5AS (Active Driving Assistant which includes Blind Spot Detection, Lane Departure Warning, Frontal Collision Warning, Pedestrian Warning with Braking, City Collision Mitigation with braking and Rear Cross Traffic Alert). I am not sure I would buy that at MSRP.

[OSee]

Originally Posted by snareman

I initially sort of complained to my CA that I was only getting about 2.2% off after seeing the numbers people were getting with brokers, but now I think maybe I should be happy

The problem with broker cars is that most of them are from the Midwest (and a good amount of Florida cars from what I've seen).

Once you pay to ship the cars out to either coast the discounts aren't really worth it.

I've seen some people drive 1,500 miles to avoid that.

This is why people pay MSRP in California. I know it's unconceivable to others who live around the country. But when you're used to the average 1,200sq ft house being $800k and paying $3,000 a month for a studio apartment....

It really is a different mind set out here (for better or worse)