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08-04-2011, 06:51 PM | #2 | |||
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08-04-2011, 06:57 PM | #3 |
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Don't forget, though, that you still have to pay for your trip there and back.
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08-04-2011, 07:12 PM | #4 |
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+1 flights, hotel and food. things can add up quickly. ED is best planned as a vacation.
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08-04-2011, 07:30 PM | #5 |
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For the ultimate savings, ED could be done in about two days or so (east coast)... fly there, pick up next morning, fly back that afternoon.
No hotels, eat in the outgoing plane, at the Welt and at the returning flight for close to free as well. For somebody not interested at all in the ED experience and in driving in Europe or simply not having a longer time to spend, this could be it. |
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08-04-2011, 09:27 PM | #6 | |
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08-04-2011, 09:39 PM | #8 |
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The savings paid for most of our 5 day trip for my Dad, Son and me. Great Guys trip.
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08-04-2011, 11:54 PM | #9 |
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The savings are the attractive thing up-front. But the lasting memory of the experience simply cannot be duplicated. Here's a hint: Porsche charges EXTRA for doing European Delivery. I'm with X2Board - do it right or not at all.
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08-05-2011, 03:13 AM | #10 | |
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can one explain this part better please?
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08-05-2011, 05:17 AM | #11 | |
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Personally, I'm doing it right just because I want to go back to Germany. however sometimes there is no time to spent just driving around for days. And if for a $1000-$1300 plane ticket I can save almost $10000 by doing a two day trip then I guess that I would need extra deodorant... |
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08-05-2011, 05:28 AM | #12 |
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Higher residual (lease)/balloon (BMW Select) = lower payments
Because the ED price can be 7-14% lower than MSRP both the residual and balloon payments will be proportionally lower as well. So a portion of the actual ED savings will be consumed by higher monthly payments. By keeping the residual/balloon calculations based on the MSRP instead on the ED price the monthly payments become even lower, making ED more attractive as a purchasing option. I read somewhere that BMW was taken to court just for this by a customer, and it was forced to base the residual/balloon on the MSRP instead of the ED price. |
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08-05-2011, 02:55 PM | #13 | |
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So that's approx. 2 months you either are making payments (or paid in full) for a non-existent car . Math can still favor ED even after considering this, all I'm saying is that margins can be a little smaller than anticipated. Me? I went full hog and put some 4000 miles on mine while in Europe (Alps, Ring, Spain, France). It was worth every damn penny.
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08-05-2011, 03:48 PM | #14 |
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You only have to about 7 days in advance and BMW makes the second monthly payment to account for the fact that the car is on the water and not in your hands. Admittedly, however, there is a slight bump in the money factor to adjust for this.
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08-05-2011, 04:09 PM | #15 |
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I look at it this way: I'm going to take a vacation this year anyway. I'm going to buy a new car anyway. The amount saved between the ED price and what I would pay for a car off the lot will cover airfare and hotels (if you consider the difference from MSRP it would be a lot more, but who pays MSRP?). Now I just pay for food, gas, and other vacation related expenses. I come out ahead in terms of cost.
Cost aside, what other vacation will give me the opportunity to drive a brand new M3 through the Alps, Italian Lakes, Black Forest, and the on the Nurburgring? And within a couple of months I'll have that same M3 in my garage. September 20th can't get here soon enough. |
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08-05-2011, 04:17 PM | #16 | |
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08-05-2011, 04:30 PM | #17 |
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Plus, Germany gets the money you spend while there on vacation. It boosts their economy no matter what!
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08-05-2011, 10:31 PM | #18 | |
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That is to say, the tax money the German government rakes in from ED buyers allows the them to pay off BMW for their ED losses plus a little more while, at the same time, making themselves some money. A win-win for both of them. |
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08-07-2011, 05:09 PM | #19 |
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How do you get the wholesale information? I am assuming that the dealership is not going to want to reveal the european wholesale pricing.
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08-07-2011, 05:18 PM | #20 | |
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http://www.m3post.com/forums/showthread.php?t=427717 |
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08-07-2011, 08:08 PM | #21 |
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I did ED and PCD on the M and ED is the biggest c0ck tease ever! Get to drive your new car around on pristine roads, through the twisties in the Alps and then have to part ways with it for 2 months(usually 6 weeks but scheduling conflicts with PCD)
It was an amazing experience and would do it again in a heart beat. Got save 11k off MSRP, spent 3k on a week long trip and had tons of fun.
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