[ryem3]

Justify the mark up- whatever. Buy allegiance and offer it to people here at sticker.
Funny thing is that the car is great, AT ITS PRICE POINT. Adding $10k to the price and at $70k it just isn't a great value anymore. The car simply isn't like a gt4 or gt3.
What strikes me a bit odd here is that you are selling a car into the market. No list in Valencia? Just start a list and it sounds like you'll deliver a new car at sticker in Jan. Or is this a car off someone's allocation?

[KeithR]

Originally Posted by jaykoolzboy

Most of the posters here attacking OP having no clue what is going on in SoCal market for this car as of now.

1. Most of dealer in Los Angeles area is asking minimum of 10k ADM (will not even negotiate with you if it's lower than 8k)

2. Valencia is about 40 minutes away from downtown Los Angeles, this might sound awful , but you are saving yourself 5k plus for that 40 minutes driving.

3. Those having company policy "no markups allow" will sell you bunch of accessories and programs to make up for those markups.

4. No dealer will participate the national 2.97 APR rate for the car, this is a common agreement between all the dealers here.

5. No programs whatsoever for this car and residual rate is at upper 40s for lease.


If OP really willing to sell this car with no extra add ups， +4k ADM is somewhat reasonable deal, I know it sounds awful, but you will never understand unless you live in the area.

just a common practice here in the area , check the link below

http://www.newcenturybmw.com/vehicle...786289?state=1

I agree with you on 10k ADM being standard in this town despite cars sitting.

However, LA Financial Credit Union gives you 1.99% on any new or used car for 5 years. Took 5 minutes, so screw the finance guys at these dealerships.