07-22-2010, 07:18 PM | #1 |
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MSRP or more for first batch 1M?
Did dealers charge MSRP or above for new generation M models in the past? If so, about how much more?
Also, would euro delivery be available for 1M at the same time as it hits showrooms? What was the history of ED availability for E92 or E46s? Cheers! |
07-22-2010, 07:30 PM | #2 |
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If anyone falls for that "garbage" and pays above MSRP..........
You are a____________<-----fill in the blank. I would run out of the BMW dealership in to Ford dealership and pick up a GT500!
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07-22-2010, 07:33 PM | #3 |
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They certainly did (and do) when they could (can); whether or not dealers charge a particular price is dependent on whether or not the market will bear it. The market probably won't bear an elevated price, given the broad current trends in the macroeconomy.
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07-22-2010, 08:00 PM | #5 |
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Three are three dealers in the Greater Seattle area and charge pretty much same. High demand vehicles go out the door MSRP. The more dealers the greater the possibility of a discount. I would not expect discounts for the first six months to a year for early buyers.
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07-22-2010, 08:42 PM | #6 |
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07-22-2010, 10:15 PM | #7 |
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Rousch and Saleen are happy to hear about that one....
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07-22-2010, 10:51 PM | #8 |
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To be truthful, I'm kinda on the fence as to whether a dealer has the right to charge MSRP plus a markup on cars that are in demand.
Afterall, MSRP is the manufacturer's suggested retail price. If a dealer reduces prices to move slow selling cars, why is it not appropriate for a dealer to charge a markup for in demand cars. Isn't it reasonable for demand to determine what the right price is? I get the impression that a decent percentage of 1 series buyers could probably afford a more expensive car, if they wanted to. If one of these guys decides that he's willing to drop another $7k to be one of the few that gets delivery of the first year's production run, I really don't see what the big deal is. When I was looking at a Camaro last year, those were going for $10 to $15 K over MSRP. Just my 2 cents. I'd welcome someone else's perspective on what fair and whats not fair. Martin |
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07-22-2010, 11:24 PM | #10 |
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07-23-2010, 12:16 AM | #11 |
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I hope there are more people that think like you. That will just give me 6k more to put down on the car when the hype dies down 3 months after it's released.
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07-23-2010, 01:26 AM | #12 |
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Cars are not the right tool of keeping value. They will break down finally (especially for a brand that is not good at reliability), technically outdated, and when time pass by fewer and fewer people will be talking about it (or even know it does exists). Basically speaking after several years it will worth just a small fraction of the original msrp price. Remember the example of Chrysler PT Cruiser? When it first came out in 2001, people spend $5000 over MSRP to reserve it, or buy it; but look back at it now, do you think those people have made the right decision 9 years ago?
I never spend too much on things that I know it is not collectable by nature. So if no invoice+$500 deal I just let it go. No car in this price range is irreplaceable, performance-wise. |
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07-23-2010, 03:50 AM | #14 |
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Dealers can charge whatever they feel they can sell it for, it's a free market. But if you're willing to pay a 10% markup just to get a vehicle the first month it's out, IMO you're nuts. I'm perfectly content waiting until the end of the model year and getting my vehicles for invoice or less.
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07-23-2010, 06:37 AM | #15 |
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The conception that the MSRP is anything other than an arbitrary number that's a healthy margin above invoice is puzzling. I am in full agreement with the poster that notes how people welcome discounts below MSRP but castigate those who charge above MSRP when the market bears it.
Dealers can (and should) charge the market clearing price. If you want a "hot" car, you should pay more for it, because the cars should go to those with the highest marginal willingness to pay. If you want a less demanded car, you get to pay less for it. |
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07-23-2010, 09:09 AM | #16 |
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I think it also depends on where you live. I have many dealers to choose from in my area and they all know that they have to be competitive. I would never pay more than MSRP. Plus, now with the Internet and dealerships posting on Ebay, you have alot more choices.
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07-23-2010, 10:13 AM | #17 | |
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Quote:
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07-29-2010, 09:55 PM | #18 |
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I've sold products and services to car dealers for over a decade. As a rule of thumb, when it comes to new model 'itterations' If you don't make arrangements to "order" the car or put down a deposit to buy.... YES, you will pay a premium if you buy from initial allocation off-the-lot.
There are a lot of people who will overpay for this car. |
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07-30-2010, 10:37 AM | #19 |
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Yes when the Chrysler PT Cruiser first appeared in dealership back in 2000, people even overpay for it ($5000 over msrp), who became extremely regret immediately just after 1 year...
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07-30-2010, 11:08 AM | #20 |
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I know some dealers have also charged over MSRP in the past for GT500's; my former neighbor being someone who paid 20K over MSRP for a GT500 convertible about 3 years ago. I still think he's crazy, but his justification was that the car should appreciate in value once Carroll Shelby dies. I'm not so sure about that.
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