$1K Under MSRP on MY2009 E90 M3

[TXM32B]

Does $1000 under MSRP on a MY2009 E90 M3 in the Houston (Texas) area sound like a good deal? Is anyone in the area getting a better deal on ordering a 2009?

[Captain Scott]

Originally Posted by TXM32B

Does $1000 under MSRP on a MY2009 E90 M3 in the Houston (Texas) area sound like a good deal? Is anyone in the area getting a better deal on ordering a 2009?

I talked to my dealer today and asked if anybody else could get the same deal or close to what I had on an 09.

They said no as they only have an allocation for so many cars, and they were all pre sold.

It looks like on the forum that the best deals are on any 08 in stock.

Just my 2 cent's, I am probably wrong.

Scott

[TLud]

Originally Posted by TXM32B

Does $1000 under MSRP on a MY2009 E90 M3 in the Houston (Texas) area sound like a good deal? Is anyone in the area getting a better deal on ordering a 2009?

Sounds like the norm. I did very slightly better on my '09 order here in the Houston area, but this is the second car that I bought from my CA. It's tough getting discounts here in the Houston area on ordered cars, but I'm sure if I'd gone into super-negotiator mode and been patient, I could have done slightly better. It's more important to me though to develop a relationship with my CA.

What dealer are you buying from?

[TXM32B]

Advantage BMW Clear Lake

[King Tut]

I contacted all the Florida dealers and got offers from $2000 to $3500 off MSRP on a 2009 E92 M3. You can do better, but you might have to work at it and try other dealers. I am doing the PCD so I didn't care what dealer got my money.

[nyc_dude]

The markup is near 9% on a M3, so $2000-3000 over invoice is a good deal even for a DCT equipped car. You are not getting a good deal at only $1000 off. These figures are for LA/Cali....Tx should be able to do a lot better.

Get a reference on a cool CA from friends who own M's or BMW's. The right CA has to be an expert on M series and a BMW enthusiast. Not just car salesman or saleswoman.

Walk in with the 2009 BMW pricing guide and negotiate UP from Invoice, not down from MSRP.

Good luck...

Cheers,

[positiveions]

Don't let the dealer play around with you. Dealer can tell you anything. Be bold and straight forward. Talk to internet department or fleet manager. If they say "no", tell them, ok, your loss and not mine. Look for a different dealership.

[TLud]

Originally Posted by nyc_dude

The markup is near 9% on a M3, so $2000-3000 over invoice is a good deal even for a DCT equipped car. You are not getting a good deal at only $1000 off. These figures are for LA/Cali....Tx should be able to do a lot better.

Get a reference on a cool CA from friends who own M's or BMW's. The right CA has to be an expert on M series and a BMW enthusiast. Not just car salesman or saleswoman.

Walk in with the 2009 BMW pricing guide and negotiate UP from Invoice, not down from MSRP.

Good luck...

Cheers,

Not true, man. I've posted on this before. There is much less competition in Houston, for example, than SoCal. There are 5 or 6 dealers here in town and they're all owned by 3 entities, so it's tough to play them against each other. Right now, each of the dealers may have a total of 2 or 3 M3's on the lot. The dealers are definitely not desperate to move these cars. Meanwhile, in SoCal, you have many more dealers with much more inventory. They're advertising killer deals and offering the car at huge discounts as soon as you walk in the door. Ain't happening here in Texas.

I'm sure if you know what you're doing and play some hardball, you could score a deal on an '08, but it'll take some serious work to do better than $1,500 off MSRP on an '09.

[King Tut]

Originally Posted by nyc_dude

Walk in with the 2009 BMW pricing guide and negotiate UP from Invoice, not down from MSRP.

I've never understood this mentality. Perhaps you could expain it to me. I mean if you know what the invoice price is and you know the MSRP price, what difference does it make if I tell you I got $3500 off MSRP or $1500 over invoice?

[TLud]

Originally Posted by King Tut

I've never understood this mentality. Perhaps you could expain it to me. I mean if you know what the invoice price is and you know the MSRP price, what difference does it make if I tell you I got $3500 off MSRP or $1500 over invoice?

It's psychological. Instead of starting at their goal and working your way to yours, you start from your goal and make the dealer try to work his way up.

[King Tut]

Yeah so I say I want $5000 off MSRP which is right around invoice and work from there. No need to confuse yourself or the dealer with psychological mind games.

[TLud]

Originally Posted by King Tut

Yeah so I say I want $5000 off MSRP which is right around invoice and work from there. No need to confuse yourself or the dealer with psychological mind games.

It's not just psychological mind games. The MSRP is a completely arbitrary number that BMW suggests that these cars should be selling for. What you want to do is deal in terms of what that car cost the dealer and add in X amount for dealer profit. When you're dealing in MSRP numbers, you're dealing with arbitrary numbers. And the discount that you need off of MSRP to reach invoice will vary depending on how the car is optioned. For example, my car would need a discount more like $6k to reach invoice. It's actually much less confusing for you and the dealer to talk in terms of invoice. Only one set of numbers to keep track of. If you deal in terms of MSRP, you have to constantly calculate how it relates to invoice. Easier just to deal straight with invoice.

[positiveions]

King Tut, it is simple. Build the car on Edmund.com. Find out the invoice and MSRP. Email several dealer, and be straightforward: I will pay you 1000 over invoice. YES or NO? Some dealers might reject it, and try to tell you that I will give you 1000 off of MSRP. Next! Until you get it. I am positive you will get the price you are looking for

[King Tut]

We're still just splitting hairs here. I know we are all informed buyers and dealers know that we know what invoice is. I still prefer talking about MSRP price because that is what is on the sticker. Then you don't have to worry about them say adjusting their "invoice" price on you. When there is a sticker and an MSRP they can't change that. You guys do it your way, and I will enjoy my $3500 off MSRP I got.

[ronnie dobbs]

Originally Posted by TLud

Not true, man. I've posted on this before. There is much less competition in Houston, for example, than SoCal. There are 5 or 6 dealers here in town and they're all owned by 3 entities, so it's tough to play them against each other. Right now, each of the dealers may have a total of 2 or 3 M3's on the lot. The dealers are definitely not desperate to move these cars. Meanwhile, in SoCal, you have many more dealers with much more inventory. They're advertising killer deals and offering the car at huge discounts as soon as you walk in the door. Ain't happening here in Texas.

I'm sure if you know what you're doing and play some hardball, you could score a deal on an '08, but it'll take some serious work to do better than $1,500 off MSRP on an '09.

There isn't anything special about Houston. Yes, there's less supply but there's less demand as well. As for dealer inventory, last time I checked, there were at least 6 M3's at each dealer and Momentum had almost 20. On top of that, I don't see many of the cars getting sold at all (one dealer I've been watching still has it's launch coupe and hasn't sold an M3 in over a month). Yes, dealers here pretend like they don't deal and demand is high, but that doesn't make it true. Besides, there are at least 10 more dealers within a three hour drive. I am likely waiting on my '09 order until I can get close to invoice without much hassle, and I think that time will be here soon.

[TLud]

Originally Posted by ronnie dobbs

There isn't anything special about Houston. Yes, there's less supply but there's less demand as well. As for dealer inventory, last time I checked, there were at least 6 M3's at each dealer and Momentum had almost 20. On top of that, I don't see many of the cars getting sold at all (one dealer I've been watching still has it's launch coupe and hasn't sold an M3 in over a month). Yes, dealers here pretend like they don't deal and demand is high, but that doesn't make it true. Besides, there are at least 10 more dealers within a three hour drive. I am likely waiting on my '09 order until I can get close to invoice without much hassle, and I think that time will be here soon.

Interesting to hear. The only dealer that I've been to recently in town is Advantage. They only have 3 M3s in stock and two people on the waiting list. I haven't been to the other dealers since I ordered my car 3 months ago. Thanks for the update.

[frankzlin79]

Hi, I just registered and am interested in getting a 2009 E92 M3. I've talked to Momentum BMW and the sale man said the best he could do is "maybe" $500 off MSRP. I think this is B.S. I was hoping for something closer to $2000 - $2500 off MSRP. The guy did say that I could get $2,500 off MSRP on any in-stock 2008 M3 though.


Anybody in Houston get any better offers from dealers in Houston that's better than a mere $500 off MSRP for a 2009? If so, please let me know which dealership and who the salesman was! Thanks.

[AZ-BMW]

Originally Posted by frankzlin79

Hi, I just registered and am interested in getting a 2009 E92 M3. I've talked to Momentum BMW and the sale man said the best he could do is "maybe" $500 off MSRP. I think this is B.S. I was hoping for something closer to $2000 - $2500 off MSRP. The guy did say that I could get $2,500 off MSRP on any in-stock 2008 M3 though.

Anybody in Houston get any better offers from dealers in Houston that's better than a mere $500 off MSRP for a 2009? If so, please let me know which dealership and who the salesman was! Thanks.

If you wanted to take a Performance Center Delivery (PCD) in Spartanburg, then I know for a fact that you can get MSRP - $2.5-3.0K off without much negotiating on an ordered MY 2009 M3. Plus you'd get the benefit of some time at BMW's track and use up the break-in period driving home
PM me if you want some CA contacts

[frankzlin79]

Thanks, but that's just too much hassle to do a PCD. I prefer something closer to home.

[schadenfreude]

Try dealers in New Orleans, Pensacola, etc. You might get a better deal if you're willing to drive a little bit. Once you get an offer you like, add gas and travel costs to it, and take it to your local dealers. Tell them you'll give them that much for it, take it or leave it. If they don't want the sale, do your break-in on I-5. From surfing the forums, looks like some of the best deals in the country are in Florida.

[808MGuy]

Originally Posted by TLud

Not true, man. I've posted on this before. There is much less competition in Houston, for example, than SoCal. There are 5 or 6 dealers here in town and they're all owned by 3 entities, so it's tough to play them against each other. Right now, each of the dealers may have a total of 2 or 3 M3's on the lot. The dealers are definitely not desperate to move these cars. Meanwhile, in SoCal, you have many more dealers with much more inventory. They're advertising killer deals and offering the car at huge discounts as soon as you walk in the door. Ain't happening here in Texas.

I'm sure if you know what you're doing and play some hardball, you could score a deal on an '08, but it'll take some serious work to do better than $1,500 off MSRP on an '09.

Same problem here in Honolulu. Only 1 dealer and it's not like there is access to another unless you plan to buy your car on the mainland and pay for them to ship it to Hawaii. On top of that, you have to go through all the out of state registration plus an additional tax the local government came up with just to discourage exactly this practice. In the end its not worth the hassle. I've was only able to talk them into a marginal discount (about $1k off) which, from what understand from previous buyers, is a feat in itself. I know some other guys here in Hawaii have had better deals because they are military so they get some special discounts and free shipping.

[AZ-BMW]

Originally Posted by HIS4

Same problem here in Honolulu. Only 1 dealer and it's not like there is access to another unless you plan to buy your car on the mainland and pay for them to ship it to Hawaii. On top of that, you have to go through all the out of state registration plus an additional tax the local government came up with just to discourage exactly this practice. In the end its not worth the hassle. I've was only able to talk them into a marginal discount (about $1k off) which, from what understand from previous buyers, is a feat in itself. I know some other guys here in Hawaii have had better deals because they are military so they get some special discounts and free shipping.

Actually the cost to ship a car from say San Diego to Honolulu is not that bad; ~$1.5K (check http://directory.uship.com/vehicletr...waii/Honolulu/). You may want to E-Mail a few West Coast dealers (like Will in Long Beach) and see what kind of deal with a transport to Honolulu are possible.