What Should I Pay?

[Robcut1]

My dealer didn't even know about the M4GTS when I called and asked them to try and get me an allocation. I have been waiting a year after giving them a thousand dollar deposit. They still refuse to provide me with a selling price even though the car will be there in a couple of days. The only thing they said is that they won't be asking stupid money like 100K over sticker and that we will discuss the price when the car arrives. WTF!
Most people on the forum do not seem to be talking about price I assume because they are buying at MSRP and afraid of screwing it up for themselves, or paying over MSRP and are embarrassed to say so. I simply would like to know what most people would consider a "reasonable" price to pay now that the time has arrived. I can tell you that if they start at something like 30K over sticker, the car will be up for grabs since I will not even negotiate. I would rather have a handful of other cars for that price starting with a low milage 2013 or 2014 MP4-12c spyder.
Thank you in advance for all your input.

[redrumm3]

Originally Posted by Robcut1

My dealer didn't even know about the M4GTS when I called and asked them to try and get me an allocation. I have been waiting a year after giving them a thousand dollar deposit. They still refuse to provide me with a selling price even though the car will be there in a couple of days. The only thing they said is that they won't be asking stupid money like 100K over sticker and that we will discuss the price when the car arrives. WTF!
Most people on the forum do not seem to be talking about price I assume because they are buying at MSRP and afraid of screwing it up for themselves, or paying over MSRP and are embarrassed to say so. I simply would like to know what most people would consider a "reasonable" price to pay now that the time has arrived. I can tell you that if they start at something like 30K over sticker, the car will be up for grabs since I will not even negotiate. I would rather have a handful of other cars for that price starting with a low milage 2014 or 2015 MP4-12c spyder.
Thank you in advance for all your input.

I think you answered your own question.

[bb1857]

I am a little confused because it sounds like you won't negotiate anything over MSRP is that correct?

If thats the case why wouldn't you just tell the dealer that if the price isn't MSRP you won't be buying it? Are you afraid that if you draw a hard line they will tell you to kick rocks because they very well could have another buyer or two lined up for the car? Even if they don't have anyone lined up, from some of the things I have seen online that $30k over isn't a crazy ask for the car.

I hope you get the deal you want but I think they are slow playing you in hopes that you might bail because they have a bigger fish on the line. Just my $.02

[Robcut1]

Originally Posted by bb1857

I am a little confused because it sounds like you won't negotiate anything over MSRP is that correct?

If thats the case why wouldn't you just tell the dealer that if the price isn't MSRP you won't be buying it? Are you afraid that if you draw a hard line they will tell you to kick rocks because they very well could have another buyer or two lined up for the car? Even if they don't have anyone lined up, from some of the things I have seen online that $30k over isn't a crazy ask for the car.

I hope you get the deal you want but I think they are slow playing you in hopes that you might bail because they have a bigger fish on the line. Just my $.02

I think you hit the nail on the head. To me the car isn't worth a dime over msrp and while I've told them my feelings, the dealer has kept saying to me that while they are going to sell over msrp, that they will work it out with me one way or another. I guess I was hoping that once the car arrives, they will be anxious to sell as much as I have been anxious to buy and therefore they will agree to the msrp deal.

[Osiris]

If you don't have a voucher and used it then it is up for grabs. That's my understanding

[bb1857]

Originally Posted by Robcut1

I think you hit the nail on the head. To me the car isn't worth a dime over msrp and while I've told them my feelings, the dealer has kept saying to me that while they are going to sell over msrp, that they will work it out with me one way or another. I guess I was hoping that once the car arrives, they will be anxious to sell as much as I have been anxious to buy and therefore they will agree to the msrp deal.

Sadly my guess is that you will not be buying this GTS. I believe they have another buyer lined up and that's why they are saying they will work it out. Work it out with them might mean giving you the $1000 back and happily selling to another buyer or maybe even a dealer that has a real sucker on the line so even the dealer will pay over MSRP for the car.

[Rogue_fxdl]

Just curious on what the deposit paperwork states. The agreement should have specified on what the deposit was for and may have some contingencies for both the dealer and yourself. I ordered a M2 months ago before the price was known and put that contingent on availability and price into the narrative. I waited...waited. Switched deposit to a 17 M3 in MG and I'm not looking back.

[Robcut1]

Originally Posted by Rogue_fxdl

Just curious on what the deposit paperwork states. The agreement should have specified on what the deposit was for and may have some contingencies for both the dealer and yourself. I ordered a M2 months ago before the price was known and put that contingent on availability and price into the narrative. I waited...waited. Switched deposit to a 17 M3 in MG and I'm not looking back.

Same thing here on the deposit paperwork. I had an M2 ordered from the same dealer as the GTS. The deposits were contingent on availability and price as well. They asked for 5K plus on the M2 but they sold it to me for msrp plus $2500 since that was the deal we made in 2011 on my 1 series M.

[M4_GTS]

Originally Posted by Robcut1

Same thing here on the deposit paperwork. I had an M2 ordered from the same dealer as the GTS. The deposits were contingent on availability and price as well. They asked for 5K plus on the M2 but they sold it to me for msrp plus $2500 since that was the deal we made in 2011 on my 1 series M.

If they want $2500 mark up on a non limited M2. I expect them to want a good $50000 for the GTS. I cant believe you keep buying cars from them.

I honestly would not pay anything over MSRP for a M2.

[M3tallicar]

Robcut1, I'm assuming you didn't receive a voucher? I would say at this point you should draw the line in the sand and get it in writing. If you both can't come to an agreement before the car arrives then take your business elsewhere, be it another dealer or another brand.

It's a great time to be an enthusiast and there are so many options out there to choose from.

[bb1857]

Originally Posted by Robcut1

Same thing here on the deposit paperwork. I had an M2 ordered from the same dealer as the GTS. The deposits were contingent on availability and price as well. They asked for 5K plus on the M2 but they sold it to me for msrp plus $2500 since that was the deal we made in 2011 on my 1 series M.

Again I am little confused here....you would pay $2500 over MSRP on a mass produced, standard available car thats built and sold by the thousands just to have it early but you won't pay a dime over MSRP on an extremely limited availability car that only 300 will ever make to US soil? It's not my money so it clearly doesn't matter even a little but I think your car buying tuning fork is way out of tune!! LOL

[Robcut1]

Originally Posted by bb1857

Again I am little confused here....you would pay $2500 over MSRP on a mass produced, standard available car thats built and sold by the thousands just to have it early but you won't pay a dime over MSRP on an extremely limited availability car that only 300 will ever make to US soil? It's not my money so it clearly doesn't matter even a little but I think your car buying tuning fork is way out of tune!! LOL

In my opinion, MSRP plus $2500 for an M2 was a reasonable price to pay (around 60K) given the performance and features of the vehicle. My understanding is that they still haven't even received their second allocation 6 months later. Would I pay MSRP plus 5K for the M4GTS, probably even though the features and performance are worth MSRP and no more (135K).

Everybody needs to keep perspective that there are a bunch of cars that are very limited in production and do not appreciate. For example, the Mclarens 12c 1485 total USA 4000 worldwide over 3 years MSRP of $300K are now selling for $170's. Their track and street performance (comfort) combined are second to none, ok, maybe a 650s. So yes, as said before, if I am stepping up to MSRP plus 25-30K, I'm Mclaren all day long.

[Msmall143]

your deposit is not a deposit. unless you have terms agreed to the deposit is nothing my than giving you first right of refusal.

[Msmall143]

what is msrp on the car? and how is it spec'd?

[Robcut1]

Originally Posted by Msmall143

what is msrp on the car? and how is it spec'd?

In the US, we only have a color choice which I chose white. MSRP as far as I know is 135k

[bb1857]

Originally Posted by Robcut1

In my opinion, MSRP plus $2500 for an M2 was a reasonable price to pay (around 60K) given the performance and features of the vehicle. My understanding is that they still haven't even received their second allocation 6 months later. Would I pay MSRP plus 5K for the M4GTS, probably even though the features and performance are worth MSRP and no more (135K).

Everybody needs to keep perspective that there are a bunch of cars that are very limited in production and do not appreciate. For example, the Mclarens 12c 1485 total USA 4000 worldwide over 3 years MSRP of $300K are now selling for $170's. Their track and street performance (comfort) combined are second to none, ok, maybe a 650s. So yes, as said before, if I am stepping up to MSRP plus 25-30K, I'm Mclaren all day long.

I get where you are coming from but you are missing the entire point of an extremely limited production vehicle from a large mfg. McLaren builds as many cars as they have the capacity to build. They want to stay small so they can focus on building amazing cars but it doesn't protect them depreciation. They're value will always plummet unless they too create a very limited(100 or less) run based on their actual capacity, therefore making the car special(See McLaren P1 for example). At that point that car will not be in anywhere near a price bracket of a GTS so it can't even be compared.

The GTS performance wise will get its ass handed to it by many different cars but the real draw to it is that it does have great performance but being that it is so limited the value will go up within 5 years just like the 1M did. I promise you won't find a GTS 3 years form now selling for just over half their value like the McLaren.

Again I wish you luck but if you are buying the GTS for sheer performance and not the value that it will gain as time rolls on you should be looking to spend your money elsewhere to be quite honest.

Also I get your opinion on the M2 but is has no real features other than being built as a drivers car. It has good performance but will get mopped up by many cars on the road. By the way i think its an awesome little car but they cut tons of corners on it to make it more profitable. Not sure how a mass produced car (next allocations will be released now that we are in a new MY) is EVER worth more than MSRP. Wait 3 years and tell me what the value of the M2 is versus the value of a GTS...I guarantee you the GTS goes up and the M2 goes down.

[Die ///M Rakete]

Originally Posted by Robcut1

My dealer didn't even know about the M4GTS when I called and asked them to try and get me an allocation. I have been waiting a year after giving them a thousand dollar deposit. They still refuse to provide me with a selling price even though the car will be there in a couple of days. The only thing they said is that they won't be asking stupid money like 100K over sticker and that we will discuss the price when the car arrives. WTF!
Most people on the forum do not seem to be talking about price I assume because they are buying at MSRP and afraid of screwing it up for themselves, or paying over MSRP and are embarrassed to say so. I simply would like to know what most people would consider a "reasonable" price to pay now that the time has arrived. I can tell you that if they start at something like 30K over sticker, the car will be up for grabs since I will not even negotiate. I would rather have a handful of other cars for that price starting with a low milage 2013 or 2014 MP4-12c spyder.
Thank you in advance for all your input.

"Discuss the price once the car arrives"?!! What the hell is that?!! Who does business that way???

You best prepare to drop your pants and grab your ankles

[Jim B]

If you have to ask...

[Msmall143]

there is one on ebay now that is bid up to 190k with time to go. it does have cf wheels.

[Draper]

Originally Posted by Robcut1

In my opinion, MSRP plus $2500 for an M2 was a reasonable price to pay (around 60K) given the performance and features of the vehicle. My understanding is that they still haven't even received their second allocation 6 months later. Would I pay MSRP plus 5K for the M4GTS, probably even though the features and performance are worth MSRP and no more (135K).

Everybody needs to keep perspective that there are a bunch of cars that are very limited in production and do not appreciate. For example, the Mclarens 12c 1485 total USA 4000 worldwide over 3 years MSRP of $300K are now selling for $170's. Their track and street performance (comfort) combined are second to none, ok, maybe a 650s. So yes, as said before, if I am stepping up to MSRP plus 25-30K, I'm Mclaren all day long.

Camaro 1LE owners would argue a fair price is $45k... maybe you should ask for a discount?

[dr.mba]

I think like many have pointed out that talks with the dealership once the car arrives will be fruitless. Expect them to ask 20k+ above MSRP at the least. If they were to ask 5K above MSRP they would have 100s of people lining up to buy it. They know they can ask 30-40 or even 50k above MSRP and they will easily find a buyer. I would not hold my breath if I were you. Coming from my experience with Porsche.. I was asked to pay 75K above MSRP for a GT3RS and had to shrug my shoulders and laugh.. However, someone else took it and the dealership was laughing all the way to the bank. So this is how they price "exclusivity". Good luck to you

M

[larryn]

What does the deposit paperwork say? Sounds like it says "Should we get an allocation, we'll configure it to be white, and no guarantees you'll get it, or even if you do, what price you'll pay. Thanks for the grand."

That's not a deposit, if so...