12-29-2019, 10:47 PM | #46 | ||
Second Lieutenant
152
Rep 221
Posts |
Quote:
|
||
Appreciate
0
|
12-30-2019, 01:53 PM | #47 | |
Captain
812
Rep 810
Posts
Drives: M8C Coupe,E63s ED1,AMG GTC
Join Date: Apr 2018
Location: Upper Midwest
|
Quote:
The reason is simple. Even in major metro areas, none of these M8's have moved in months and dealers are desperate to unload these cars and get them off the floor where they sat from day one. Doesn't mean they are not great cars but priced well above of what people are willing to pay over an M5, etc. |
|
Appreciate
1
Al Pinã1838.50 |
12-30-2019, 07:16 PM | #48 | |
Captain
548
Rep 944
Posts |
It’s also end of the year. But everyone needs to remember, 20 percent off is possible but not common. Dealers would lose a decent amount of money selling at these discounts
Being 2020’s dealers don’t have to get desperate yet. These cars barely hit the lots Beginning Nov and have not been sitting that long There is not a lot of buyers that can afford a sticker at this or even a m5 sticker. They have to wait for the right buyer Quote:
|
|
Appreciate
0
|
12-30-2019, 07:33 PM | #49 | |
Captain
812
Rep 810
Posts
Drives: M8C Coupe,E63s ED1,AMG GTC
Join Date: Apr 2018
Location: Upper Midwest
|
Quote:
Just had 4 inches of snow today |
|
Appreciate
1
mgod483.50 |
01-02-2020, 10:48 PM | #51 |
Private First Class
106
Rep 180
Posts |
Lol at RJC. I get where you're coming from bro, but these deals were obviously regional as the OP and other people had stated.
BMW only really recognizes certain places/centers based on sales numbers, inventory, and number of clients they can flip out of something fairly old (2-2.5 yrs old) into new cars. Some buyers don't wanna go back n forth about with who and how they got the car, bottom line is they got it. And yes weirdly enough, these deals existed last month. HEAVILY. I currently work at a dealer in NY (I'm not in sales so I can't give you precise numbers), that had 8 M8's put into inventory at the end of October, and sat on them till December, where BMW eventually threw crazy money on get them out the door. We ended up selling pretty much every coupe but one in a few weeks, and still have 3 convertibles left. People were snagging them at anywhere from 15 - 18k total discounted price out the door, with loyalty, conquest, and a whole ton of other HEA incentives. One guy we had who came in had already bought a coupe in New Jersey for himself (we didn't have a White on Sakhir with Bowers), and then bought another coupe for his wife from us, (Brands Hatch Gray on Sakhir), both non-Comps, that's when I knew something was going on. 2 M8's for Xmas. Just like that. We now have a slew of F8x, an F90, and M850 trades as well, because the deals ate up most of their negative equity. It's not a matter of arguing how "impossible" a deal is on certain cars, just do the research based on the info given. That's all.
__________________
PAST LOVES:: 2 E39's, 4 F30's, 1 E92 M, 1 F80 M, 1 F15 e, and an F56.
CURRENT:: 2ND E92 M3. Last edited by _Mbition; 01-03-2020 at 08:29 AM.. Reason: sleepy typos... |
Appreciate
0
|
01-03-2020, 08:16 AM | #52 |
///M Fan
1650
Rep 1,490
Posts |
I know they are giving large discounts on the HEA cars, mainly the black sapphire with tartufo/white interior which all 5 dealerships in my area have one. Its not a bad car at all but the interior does not go with the exterior. These cars have an extra $5000 HEA money given to the dealer, plus MSRP of $160k or so means around $11000 in margin so giving $16000 plus say loyalty of $3000 means at $190000 off dealer is still making back end money. In some metro markets that money is $5000 or more (I heard $10000 in large markets) so its possible to get more depending on where you live. Again getting anywhere near $19k off means the dealer is most likely selling at cost or close to. more than that means a loss. If you are not picky and can find one you can live with yes you will get a crazy deal. For me spending $2000 vs $2300 (before tax) on a M8 that isn't the color and options that I want didn't make sense.
I ended up getting $7500 off MSRP, plus $3000 loyalty, plus I had dealership loyalty points which amounted to another $5000 off (used to pay up fronts, wheel and tire, etc.) and getting the exact car I wanted. There was no $5000 HEA money and our market (metro Detroit) does not have additional money on this car. I am paying the base MF, no mark ups no additional hidden fees. I could beat up my dealer for another $2000 off and leave them selling a special order car at cost but remember this all comes back at some point. When there is an issue with lease turn in or service that is not covered my dealer always takes care of me. When I want a new model and get the very first allocation that matters as well. Just remember all of this when negotiating on a new car. This is my 11th car from this dealership personally, the 20th from my family and we have a good and honest relationship. Noushy
__________________
2019 BMW X5 50i Mineral White/Tartufo all options including M Sport
2022 Porsche 911 C4S Silver/Brown 2023 BMW iX M60 Black Sapphire/Amido, Titanium Bronze trim/22 2023 Audi RS6 Avant Daytona Gray/Black 2024 BMW X5M Comp Brooklyn Gray/Taruma Brown, Titanium Exhaust on order |
Appreciate
1
_Mbition105.50 |
01-03-2020, 08:57 AM | #53 | |
BMWaddict4life
196
Rep 781
Posts |
Quote:
|
|
Appreciate
1
_Mbition105.50 |
01-03-2020, 02:58 PM | #54 | |
Captain
548
Rep 944
Posts |
Ditto- lol RJC
Quote:
|
|
Appreciate
1
_Mbition105.50 |
01-03-2020, 09:08 PM | #55 |
Brigadier General
437
Rep 3,668
Posts |
Everyone saying impossible isn't trying hard or talking to the right people.
30 days ago I got 22% off + rebates for a 850i coupe at buyrate. The lease was coming to 1k w minimum drive off. I was ready to sign the paper until I drove it and thought the rear seats were useless and the car was extremely boring. I member think the m8 is in a world of trouble, and the prices are too high there's no market. I have no doubt that 17%+ is possible now. In 6 months 20-25%. They're just too expensive there's no market! |
Appreciate
1
_Mbition105.50 |
01-03-2020, 09:44 PM | #56 |
Private First Class
106
Rep 180
Posts |
Freeport. The dream is over now though, everything jumped right back up to regular pricing as of today. LOL.
LOL no worries, he's a good guy, very stern on his stance but he meant no harm or disrespect.
__________________
PAST LOVES:: 2 E39's, 4 F30's, 1 E92 M, 1 F80 M, 1 F15 e, and an F56.
CURRENT:: 2ND E92 M3. |
Appreciate
0
|
01-03-2020, 11:45 PM | #57 |
Captain
548
Rep 944
Posts |
Of course there is no harm but you have to keep your mind open. Like many said what’s the point of making something up. I gave potential buyers a reason consider a m8 that they might of thought was not possible
It’s a lot of car for what you get on heavy discount |
Appreciate
1
_Mbition105.50 |
01-04-2020, 08:39 AM | #58 |
BMWaddict4life
196
Rep 781
Posts |
|
Appreciate
0
|
Post Reply |
Bookmarks |
Thread Tools | Search this Thread |
|
|