Got a call from the dealer ready to make a deal. Can you say Monte Hall

bkms1 · 06-07-2008, 08:27 AM

This were his exact words, the coupe you looked at when you were here we are no longer asking $5000.00 over invoice a deal may be had under MSRP. THis was a new york dealer. Felas don't fall for the Okidoke. This was so funny to me just thought i would share.

Seth_Horwitz · 06-07-2008, 09:50 AM

Quote:

Originally Posted by bkms1

This were his exact words, the coupe you looked at when you were here we are no longer asking $5000.00 over invoice a deal may be had under MSRP. THis was a new york dealer. Felas don't fall for the Okidoke. This was so funny to me just thought i would share.

When the hell did anyone pay $5K over MSRP in New York? I know California has had it rough, but I don't remember any NY dealers asking more than sticker. What dealer was this?

Leica · 06-07-2008, 10:58 AM

With gas is approaching and soon to surpass $5/Gal, housing crisis, soft economy, and an upcoming election, dealers are in no position to ask for ridiculous mark-up in this climate.

Epacy · 06-07-2008, 11:09 AM

Quote:

Originally Posted by Seth_Horwitz

When the hell did anyone pay $5K over MSRP in New York? I know California has had it rough, but I don't remember any NY dealers asking more than sticker. What dealer was this?

He said invoice. Perhaps he mis-spoke.

bkms1 · 06-07-2008, 11:18 AM

Quote:

Originally Posted by bkms1

This were his exact words, the coupe you looked at when you were here we are no longer asking $5000.00 over invoice a deal may be had under MSRP. THis was a new york dealer. Felas don't fall for the Okidoke. This was so funny to me just thought i would share.

i meant msrp your right

bkms1 · 06-07-2008, 11:20 AM

Quote:

Originally Posted by Seth_Horwitz

When the hell did anyone pay $5K over MSRP in New York? I know California has had it rough, but I don't remember any NY dealers asking more than sticker. What dealer was this?

wide wold of cars had requested 5k over msrp that was 2 months ago. They still have the car, now there willing to negotiate below msrp haha

SlammedM6 · 06-07-2008, 11:39 AM

such bs...

bkms1 · 06-07-2008, 12:06 PM

whats bs?

keanu1 · 06-07-2008, 12:31 PM

Where do you negotiate this price, at bavaria?!?!
In Romania they don't negotiate anything!! What do you do!! I want to negotiate!!

icemang17 · 06-07-2008, 01:10 PM

I also think substantial discounts UNDER MSRP are possible for M3's that are sitting in inventory...especially 6MT cars.....since there does seem to be a bit more demand for DCT's..... There is about a 10% margin on M cars.......so $5-6k off MSRP is possible

Seth_Horwitz · 06-07-2008, 01:41 PM

Quote:

Originally Posted by bkms1

wide wold of cars had requested 5k over msrp that was 2 months ago. They still have the car, now there willing to negotiate below msrp haha

That's messed up. I hope they get stuck with it until after the '09s come in, and take a loss on it.

ihyln · 06-07-2008, 06:25 PM

Quote:

Originally Posted by keanu1

Where do you negotiate this price, at bavaria?!?!
In Romania they don't negotiate anything!! What do you do!! I want to negotiate!!

Gunpoint?

yahtzee · 06-07-2008, 09:03 PM

Quote:

Originally Posted by Seth_Horwitz

I know California has had it rough....

No way in hell I can fathom paying over invoice for this car, as bad of a ride as it is. Why wouldn't someone in California not get in their car (or a plane for that matter) and go somewhere that the markup doesn't exist? Just dumb (or lazy).

Seth_Horwitz · 06-08-2008, 01:39 AM

Quote:

Originally Posted by yahtzee

No way in hell I can fathom paying over invoice for this car, as bad of a ride as it is. Why wouldn't someone in California not get in their car (or a plane for that matter) and go somewhere that the markup doesn't exist? Just dumb (or lazy).

If you mean MSRP, invoice is cost, I completely agree. I'd actually prefer to by the car about 1,190 miles from my house, fly there (for a few hundred bucks), drive home, and then drop the car off at the dealer for the 1,200 mile service. By the time you take the car out on roads you're familiar with, you can throw the whole RPM range at them.

The best deal I could find just happened to be 20 miles from my house. Needless to say, I will be burning through a lot of gas putting on highway mileage, without really going anywhere, in the first week or two I have the car.

xsilvor · 06-12-2008, 11:06 AM

Quote:

Originally Posted by keanu1

Where do you negotiate this price, at bavaria?!?!
In Romania they don't negotiate anything!! What do you do!! I want to negotiate!!

In Bavaria, M3 negotitiate you!

silvrevo · 06-12-2008, 12:47 PM

I love the phrase ,, mis-spoke.......!

Pretty much means you can say anything ,,,,,,,, then say mis-spoke.

mkoesel · 06-12-2008, 01:29 PM

Quote:

Originally Posted by icemang17

I also think substantial discounts UNDER MSRP are possible for M3's that are sitting in inventory...especially 6MT cars.....since there does seem to be a bit more demand for DCT's..... There is about a 10% margin on M cars.......so $5-6k off MSRP is possible

$5-$6 off MSRP would technically be possible on a loaded car but I don't think people will get that unless BMW starts kicking in factory incentives. I don't think there is holdback on BMWs (I could be wrong) so $6k off would mean almost no dealer profit.

On that note, I really wish we had US M3 sales numbers for April and May. I know that info is available (JD Power sales data) but its not free.

Reedomn · 06-12-2008, 01:56 PM

I was told by my friend/salesman the margin is 7% on M3's....

Ronalen · 06-13-2008, 05:02 PM

Quote:

Originally Posted by yahtzee

No way in hell I can fathom paying over invoice for this car, as bad of a ride as it is. Why wouldn't someone in California not get in their car (or a plane for that matter) and go somewhere that the markup doesn't exist? Just dumb (or lazy).

I just got an email from a dealer in northern Cal. ALL BMW's on sale this month for invoice. East Bay BMW.
Gas out here is almost $5 for premium. Sales are down!

Seth_Horwitz · 06-13-2008, 06:05 PM

Invoice, or MSRP? Invoice would be around $4-5G less than MSRP. Gas is the same price on the East Coast, and I don't know anyone who got their car anywhere near invoice.

mkoesel · 06-14-2008, 05:00 AM

Quote:

Originally Posted by Ronalen

I just got an email from a dealer in northern Cal. ALL BMW's on sale this month for invoice. East Bay BMW.
Gas out here is almost $5 for premium. Sales are down!

That sounds way too good to be true, even taking into consideration that it is probably just for cars on the lot already. How would they make any money selling everything at invoice?

darkalley · 06-14-2008, 07:26 AM

Quote:

Originally Posted by mkoesel

That sounds way too good to be true, even taking into consideration that it is probably just for cars on the lot already. How would they make any money selling everything at invoice?

all i know is autosales in california and florida are in the toilet compared to the rest of the country. although the metro ny area did see home prices rise it was not like what happened in CA. Those markets are in trouble- $5.00 gas and home values that could drop 30-50% according to some experts = trouble.

06-07-2008, 08:27 AM	#1
bkms1 Private First Class Drives: none Join Date: Jul 2005 Location: ny Posts: 165 iTrader: (0)	Got a call from the dealer ready to make a deal. Can you say Monte Hall This were his exact words, the coupe you looked at when you were here we are no longer asking $5000.00 over invoice a deal may be had under MSRP. THis was a new york dealer. Felas don't fall for the Okidoke. This was so funny to me just thought i would share.
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06-07-2008, 11:39 AM	#7
SlammedM6 Brigadier General Drives: 2011 RR Sport Autobiography Join Date: Jul 2007 Location: Toronto Posts: 4,924 iTrader: (2)	such bs... __________________

06-07-2008, 01:10 PM	#10
icemang17 Captain Drives: 2008 E92 M3 DCT Join Date: May 2008 Location: Stockton CA Posts: 644 iTrader: (0)	I also think substantial discounts UNDER MSRP are possible for M3's that are sitting in inventory...especially 6MT cars.....since there does seem to be a bit more demand for DCT's..... There is about a 10% margin on M cars.......so $5-6k off MSRP is possible __________________ Brian 2008 E92 M3, MR, DCT, extended BB leather, loaded! 1988 Porsche 928S4, Guards red/Champagne leather 1989 Porsche 928S4 track beast!!!

06-12-2008, 01:56 PM	#18
Reedomn Captain Drives: 1M Join Date: Feb 2008 Location: edina Posts: 641 iTrader: (12)	I was told by my friend/salesman the margin is 7% on M3's.... __________________ VO 1M Sold- 2008 JZB/Fox E90 M3 6MT Launch car

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06-07-2008, 10:58 AM	#3
Leica Enlisted Member Drives: 2008 Cayman S Join Date: Jan 2008 Location: So Cal Posts: 32 iTrader: (0)	With gas is approaching and soon to surpass $5/Gal, housing crisis, soft economy, and an upcoming election, dealers are in no position to ask for ridiculous mark-up in this climate.

06-07-2008, 12:06 PM	#8
bkms1 Private First Class Drives: none Join Date: Jul 2005 Location: ny Posts: 165 iTrader: (0)	whats bs?

06-07-2008, 12:31 PM	#9
keanu1 tiamat Drives: 525 d Join Date: Aug 2007 Location: romania Posts: 1,269 iTrader: (0)	Where do you negotiate this price, at bavaria?!?! In Romania they don't negotiate anything!! What do you do!! I want to negotiate!!

06-12-2008, 12:47 PM	#16
silvrevo Captain Drives: E90335i Join Date: Jul 2006 Location: Location: Location Posts: 634 iTrader: (1)	I love the phrase ,, mis-spoke.......! Pretty much means you can say anything ,,,,,,,, then say mis-spoke.

06-13-2008, 06:05 PM	#20
Seth_Horwitz Tired of feather footed //M drivers Drives: 330ci, 911 Turbo X50 Join Date: Oct 2007 Location: New York City Posts: 387 iTrader: (0)	Invoice, or MSRP? Invoice would be around $4-5G less than MSRP. Gas is the same price on the East Coast, and I don't know anyone who got their car anywhere near invoice.