05-25-2017, 03:37 PM | #1 |
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Canadian M2 Posted for 96K in Autotrader
I certainly hope this isn't one of the board members asking for such a ridiculous amount!
http://www.autotrader.ca/a/BMW/M/RIC...O&orup=1_15_16 |
05-27-2017, 10:46 PM | #2 |
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The used market for M2's in Canada is so scarce I wouldn't be surprised if it sold for close to that to some nob with way too much money...
I got an offer for mine that was $10K above what I paid for it. I told the guy it would take at least six figures to pry it off my hands, he declined. |
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06-22-2017, 05:06 PM | #7 | |
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Compared to the US though, it does appear people are flipping them more often here, likely due to low supply and retained value. Edit: holy crap there's one for $80K now! |
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07-03-2017, 07:36 AM | #9 | |
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These are not low production cars! |
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07-04-2017, 11:09 AM | #10 |
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07-04-2017, 04:29 PM | #11 |
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Definitely not finding things to be scarce. http://www.autotrader.ca/cars/bmw/m/...True&lcid=4105
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07-05-2017, 10:17 AM | #12 |
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Seems like this dealer in Kelowna is selling this M2 with a 4K markup?
http://wwwa.autotrader.ca/a/BMW/M/Ke...O&orup=2_15_19 |
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07-05-2017, 12:54 PM | #13 | |
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07-05-2017, 02:56 PM | #14 |
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It's posted for $77,545.
Base MY17 M2 is $63,500. Base: $63,500 + DCT $3,900 + LBB PAINT $895 + SMARTPHONE CONNECTIVITY $750 + MPE $3,500 = $72,545 The ad specifically states the cost doesn't include Freight & PDI and all of the other fees. So it actually looks like a 5K mark up. Am I wrong? |
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07-06-2017, 10:58 AM | #15 | |
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07-08-2017, 11:48 AM | #16 |
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Another Canadian dealer with markup on the M2....
http://wwwa.autotrader.ca/a/BMW/M/Na...2/?orup=1_15_1 Looks like about 8K markup...tsk tsk |
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07-08-2017, 11:59 AM | #17 |
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Are you guys positive they aren't including gst, freight, pdi, and admin on here? That gets me to about 5K in additional cost.
I thought msrp markup was illegal in Canada.
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07-08-2017, 12:28 PM | #18 |
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07-08-2017, 01:33 PM | #19 | |
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07-08-2017, 01:58 PM | #20 |
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I thought the MSRP rules are at the provincial level but I could be mistaken.
But having said that, the dealers can usually get around those types of things by adding the M Performance add-ons, those would be subject to labour charges to install so they could in theory charge whatever they want. My SA told me straight-up that's what they would be doing with their HEA car, they loaded it up with MPE, diffuser, spoiler, mirror caps and front-winglets, carbon vinyl wrap on the roof and over-the-top stripes. They used it for promo at several events and at their track days for a year and now they're asking $80K for it. I can't understand paying a mark-up on a car that was definitely trashed on the track and test-drives and with some very loud stripes but maybe there is someone out there that will go for it. |
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07-10-2017, 02:55 PM | #21 | |
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I will say that my 2018 M2 LBB, 6mt, no sunroof, MPE, XPEL, all in came to $78K. Of that, freight was a hilarious $4K and admin was $500. XPEL was $800.
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