Dealer Markups need to stop

m20e3087 · 09-05-2019, 02:55 PM

Quote:

Originally Posted by 1bmwaddict

I live in florida... always buy my bmw upnorth.

Quote:

Originally Posted by GerryM5

I've owned eight BMWs over the years and 4 of last 5 have been M's. I'm an early adopter. But I stopped buying locally because the local dealer markups as high as $15K. I was hot to buy one of first 2019 M2C in HS but the dealer added $10K as a dealer adjustment charge. They do this all the time made it made me walk out immediately. I ordered my M2C out of state and had it shipped to me. Cost me some was a few weeks and only $300.00 extra for delivery. So for the 5th time in a row my local dealer got the middle finger from me.

It's a free market but I'm the one with the choice on how much I'll pay.

Same here, but got a unreal deal on 540i last week for the wife which we could not pass. I was initially planning to drive up north to pickup and even submitted the credit app. But made a last minute call just to see what's up, two days later it's on our garage.

CosmosMpower · 09-05-2019, 03:25 PM

Shop around, I bought my 17 M2 in Oct 2016 without a markup or putting my name on a list months in advance, just called around. Same for my 2019 M2C, even got ED MSRP without haggling.

patch10 · 09-05-2019, 07:37 PM

Anything and everything is 'worth' what somebody is "willing" to fork over. I was lucky last month with my purchase experience. The initial push for this car has lessened enough (at least in my market of southern AZ) where I was literally in and out of the dealership with an allocation and fair price in 20 minutes. It shows up next month or early November.

AW
MT
Exec pkg
Bi Color wheels
Carbon spoiler/Diffuser
Blue highlighted seats
No Sunroof

KevinM · 09-05-2019, 08:43 PM

Quote:

Originally Posted by patch10

Anything and everything is 'worth' what somebody is "willing" to fork over. I was lucky last month with my purchase experience. The initial push for this car has lessened enough (at least in my market of southern AZ) where I was literally was in and out of the dealership with an allocation and fair price in 20 minutes. It shows up next month or early November.

AW
MT
Exec pkg
Bi Color wheels
Carbon spoiler/Diffuser
Blue highlighted seats
No Sunroof

Congratulations! Maybe I'll see you around...

M2Crew · 09-06-2019, 02:58 PM

I'm selling my M2C for a good deal if anyone's interested.

https://f87.bimmerpost.com/forums/sh....php?t=1646820

Thescout13 · 09-07-2019, 06:11 PM

Quote:

Originally Posted by mashoutposse

I'm selling my M2C for a good deal if anyone's interested.

https://f87.bimmerpost.com/forums/sh....php?t=1646820

Idk how good of a deal that is given the current market. $2-3k in savings over new is not really worth it to me personally. But beautiful car and GLWS.

M2Crew · 09-08-2019, 11:47 AM

Quote:

Originally Posted by Thescout13

Idk how good of a deal that is given the current market. $2-3k in savings over new is not really worth it to me personally. But beautiful car and GLWS.

I’m taking offers - I’m pretty sure we will find a price that works well for both parties. Win-win.

Thescout13 · 09-08-2019, 12:02 PM

Quote:

Originally Posted by mashoutposse

Quote:

Originally Posted by Thescout13

Idk how good of a deal that is given the current market. $2-3k in savings over new is not really worth it to me personally. But beautiful car and GLWS.

I'm taking offers - I'm pretty sure we will find a price that works well for both parties. Win-win.

I already bought. Just giving my thoughts. But I think this is a bit too aggressively priced. For example I wouldn't pay over $55k. But like I said, GLWS!

ASAP · 09-08-2019, 02:04 PM

Got a quick question... on a car that is $64,200... is offering 61k new unrealistic?

car is white, dct and exec

thanks

GerryM5 · 09-08-2019, 02:10 PM

Sorry you have to sell. Must have been a tough decision. GLWS!

M2Crew · 09-09-2019, 05:25 PM

Quote:

Originally Posted by ASAP

Got a quick question... on a car that is $64,200... is offering 61k new unrealistic?

car is white, dct and exec

thanks

A $61k offer is realistic and shouldn't get you kicked out of the store.

M2Crew · 09-09-2019, 05:26 PM

Quote:

Originally Posted by GerryM5

Sorry you have to sell. Must have been a tough decision. GLWS!

Thank you!

akkando · 09-09-2019, 11:13 PM

Quote:

Originally Posted by Hankdoll

Quote:

Originally Posted by KevinM

How is that? The service department is usually completely separate from sales. Hell, my service department has never asked where I purchased any of my BMWs from. I haven't purchased a BMW from my local dealer for over 10 years, but I still get a BMW loaner for service, etc.

They have it notated in their service database. They only offer loaners to customers that bought their car from them (so they need to know).

That's fucked up.

ASAP · 09-15-2019, 05:39 PM

Quote:

Originally Posted by mashoutposse

A $61k offer is realistic and shouldn't get you kicked out of the store.

Ok folks... need one more follow up... vehicle price $62.7k... would offer 59K... realistic or no?

Base white car with DCT only...I think my offer is very reasonable.

Thescout13 · 09-15-2019, 07:35 PM

Quote:

Originally Posted by ASAP

Quote:

Originally Posted by mashoutposse

A $61k offer is realistic and shouldn't get you kicked out of the store.

Ok folks... need one more follow up... vehicle price $62.7k... would offer 59K... realistic or no?

Base white car with DCT only...I think my offer is very reasonable.

Depends on where you are in the US. In my area, anything under MSRP will get you laughed right out of the dealership. But if your area is a bit more willing to play ball, not a bad place to start and see where is goes.

Germanauto · 09-16-2019, 12:29 AM

Quote:

Originally Posted by DanG

My dealer in Seattle never sells above MSRP. Maybe why I have bought from them over the last 30 years.

If anything BMW Seattle is always discounting the hell out of "special" cars.

It's a rainy techie city, nobody wants a loud RWD bright colored M car.

Germanauto · 09-16-2019, 12:30 AM

For CA residents I'd recommend leasing from a dealer a little inland. They are very aggressive with pushing inventory.

The M2C only comes in several colors and a couple packages, shouldn't be hard to find the right car in such a big state.

MR. · 09-16-2019, 02:24 AM

Move to Europe, I can get you a M2C with 20-25% discount

MR

Franzino · 09-16-2019, 08:39 AM

Quote:

Originally Posted by msdss

Round Rock Toyota has a Supra with a "Market Adjustment" of $15,000.

Meanwhile loads of dealerships currently have them for sticker.

They are catering to the "I need this right now" people, who have more money than sense.

In my country at a official BMW/Porsche/Mercedes/Ferrari/ etc dealer you always pay the normal market price. Dealer Markups must be USA thing?

GerryM5 · 09-16-2019, 10:33 AM

Dealer Markups are only done in certain areas of U.S.and not everywhere. If I gave the impression that all dealers were doing this that is incorrect. The vast majority do not use Dealer Markups. I would like to see BMW NA stop this practice. It hurts their brand.

M2Crew · 09-16-2019, 11:35 AM

Quote:

Originally Posted by ASAP

Ok folks... need one more follow up... vehicle price $62.7k... would offer 59K... realistic or no?

Base white car with DCT only...I think my offer is very reasonable.

That offer is in line with your offer on the $64k car and is a fair starting place for most markets.

I’m attempting to PM you - your inbox is full.

Poochie · 09-16-2019, 12:25 PM

Quote:

Originally Posted by GerryM5

Dealer Markups are only done in certain areas of U.S.and not everywhere. If I gave the impression that all dealers were doing this that is incorrect. The vast majority do not use Dealer Markups. I would like to see BMW NA stop this practice. It hurts their brand.

Well said

Here in NYC, the dealers are sharks but they're still currently willing to discount over $2,000 on a fully-equipped M2C.

However, it's BMW Financial that are being dicks and not applying any of their promotional rate and rebates to the M2C only.

09-05-2019, 03:25 PM	#24
CosmosMpower Brigadier General 2051 Rep 3,714 Posts Drives: F87c, GT3, MK7 GTI Join Date: Apr 2011 Location: Frisco, TX iTrader: (1)	Shop around, I bought my 17 M2 in Oct 2016 without a markup or putting my name on a list months in advance, just called around. Same for my 2019 M2C, even got ED MSRP without haggling.
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09-05-2019, 07:37 PM	#25
patch10 New Member 0 Rep 7 Posts Drives: 2020 M2C 2005 E46 ZHP Join Date: Sep 2019 Location: Tucson AZ iTrader: (0) Garage List 2020 M2C [0.00] 2005 330i ZHP [0.00]	Anything and everything is 'worth' what somebody is "willing" to fork over. I was lucky last month with my purchase experience. The initial push for this car has lessened enough (at least in my market of southern AZ) where I was literally in and out of the dealership with an allocation and fair price in 20 minutes. It shows up next month or early November. AW MT Exec pkg Bi Color wheels Carbon spoiler/Diffuser Blue highlighted seats No Sunroof Last edited by patch10; 09-05-2019 at 08:59 PM..
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09-06-2019, 02:58 PM	#27
M2Crew First Lieutenant 219 Rep 351 Posts Drives: BMW Join Date: Jun 2007 Location: United States iTrader: (0)	I'm selling my M2C for a good deal if anyone's interested. https://f87.bimmerpost.com/forums/sh....php?t=1646820
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09-08-2019, 02:04 PM	#31
ASAP Major General 10158 Rep 8,626 Posts Drives: '23 X3 M40i Join Date: Sep 2012 Location: FL iTrader: (0)	Got a quick question... on a car that is $64,200... is offering 61k new unrealistic? car is white, dct and exec thanks
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09-08-2019, 02:10 PM	#32
GerryM5 Second Lieutenant 250 Rep 257 Posts Drives: BMW M2C Join Date: Sep 2017 Location: Los Gatos, CA, USA iTrader: (0)	Sorry you have to sell. Must have been a tough decision. GLWS! __________________ M2C 2019 135is Dinan S2 E60 M5 E39 M5 Dinan S2 E34 M5 Dinan S1
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09-16-2019, 12:30 AM	#39
Germanauto Major General 9701 Rep 6,084 Posts Drives: Alfa Romeo Giulia, Rosso Join Date: Jul 2016 Location: LA iTrader: (0)	For CA residents I'd recommend leasing from a dealer a little inland. They are very aggressive with pushing inventory. The M2C only comes in several colors and a couple packages, shouldn't be hard to find the right car in such a big state. __________________ Former -2008 E90 328 black/brown -2012 Lexus IS250 black/black
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09-16-2019, 02:24 AM	#40
MR. Colonel 4398 Rep 2,856 Posts Drives: BMW M2 CSL Turbomeister Join Date: Sep 2013 Location: Travelling / Managing / Writing iTrader: (0) Garage List 2020 MINI GP3 [0.00] 2013 MINI GP2.5 [8.50] 2018 BMW M2 Competi ... [10.00]	Move to Europe, I can get you a M2C with 20-25% discount MR
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09-16-2019, 10:33 AM	#42
GerryM5 Second Lieutenant 250 Rep 257 Posts Drives: BMW M2C Join Date: Sep 2017 Location: Los Gatos, CA, USA iTrader: (0)	Dealer Markups are only done in certain areas of U.S.and not everywhere. If I gave the impression that all dealers were doing this that is incorrect. The vast majority do not use Dealer Markups. I would like to see BMW NA stop this practice. It hurts their brand. __________________ M2C 2019 135is Dinan S2 E60 M5 E39 M5 Dinan S2 E34 M5 Dinan S1
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