Economic downturn+weak dollar= I'm gettin my AW E92 DCT three months early

[gorun]

I was meant to get my car in late July but I got a call from my dealer last week saying that I will be able to get an early April production date and have the car in May. Today he called again and told me that the car will be coming off the line tomorrow! I am getting 9% off too.

You can imagine my schock at the news, the guy wasnt sure exactly what is going on but told me that the financial crisis has hit the car market in Europe in '08 BIG! Car sales of all makes in Italy for example (mag article) have suffered badly in first quarter 08 with March being the worst with -18% compared to 2007. I can imagine the situation in the US being similar or worse.

[DonM3]

Congrats.

F**K the economy - whens delivery?

[monsta]

thats great for you, I wish I was that lucky....

[lucid]

Congrats!

What is the difference between list and dealer cost for the car in the UK? Here it is just 8% for the base E92 M3 excluding any taxes.

[xxruffdmxx]

In my opinion, I do not believe that the economy has a big effect on customers who are buying BMWs, Benzes,Lexus',etc that are in the 60K or more range. I believe that bad economy has the worst effect on people who are "middle to lower class." The customers that buy cars in a high price range, usually have enough income and assets, and are not affected as much by the bad economy. M3, usually attracts buyers in that fall into the "wealthy" category. Just my opinion.

[gorun]

Originally Posted by xxruffdmxx

In my opinion, I do not believe that the economy has a big effect on customers who are buying BMWs, Benzes,Lexus',etc that are in the 60K or more range. I believe that bad economy has the worst effect on people who are "middle to lower class." The customers that buy cars in a high price range, usually have enough income and assets, and are not affected as much by the bad economy. M3, usually attracts buyers in that fall into the "wealthy" category. Just my opinion.

I hear you but I wouldn't be getting the car earlier if you are right. BMW has trouble shifting the M3s and I am pretty sure that most premium manufacturers are having trouble selling their goods too. I am far from the thought that people that could afford it before cant any more. Its just that in times like these everyone gets a little more cautious. People count their penies more often. I also believe BMW maybe shafting some of their US orders because with the weak dollar they are getting exactly half per M3 as they would be in Europe

[gorun]

Originally Posted by DonM3

Congrats.

F**K the economy - whens delivery?

I hope in about 3 weeks time

[gorun]

Originally Posted by lucid

Congrats!

What is the difference between list and dealer cost for the car in the UK? Here it is just 8% for the base E92 M3 excluding any taxes.

I am not getting it in the UK but Bulgaria. Dealer tells me he is giving up all his profit (apparently 9%) cause our family are regular customers. He tells me he wants the sale in order to help reach a certain quota whereby they will be able to get 15% next year. I dont buy it 100% but 9% off is still good on a new model.

[!Xoible]

i blame bush.... for the M3 order

congrats

[GT3 Tim]

That is VERY interesting........

MAYBE, just MAYBE, orders and sales have not been what was expected and they are now moving "ordered" cars up in production. Interesting.

Maybe I will get my M-DCT sedan with 19's sooner than later...we shall see!

Thanks for the info!

[xxruffdmxx]

Originally Posted by gorun

I hear you but I wouldn't be getting the car earlier if you are right. BMW has trouble shifting the M3s and I am pretty sure that most premium manufacturers are having trouble selling their goods too. I am far from the thought that people that could afford it before cant any more. Its just that in times like these everyone gets a little more cautious. People count their penies more often. I also believe BMW maybe shafting some of their US orders because with the weak dollar they are getting exactly half per M3 as they would be in Europe

People are definitely counting their money in this poor economy. Not sure if your availability is simply due to the poor economy. I have been calling dealerships all around US to find an allocation for a car with DCT, so far none. There are plenty of 6mt cars available at MSRP, but all the DCT cars are spoken for. Also, the fact that people are willing to pay more for the DCT further shows that people who are buying a car in the 60K range or higher are none the less buying cars.

Another example is of the new Lexus LX (big SUV). They can't keep them on the lots, despite high price and ultra high gas prices.

[lucid]

Originally Posted by gorun

I am not getting it in the UK but Bulgaria. Dealer tells me he is giving up all his profit (apparently 9%) cause our family are regular customers. He tells me he wants the sale in order to help reach a certain quota whereby they will be able to get 15% next year. I dont buy it 100% but 9% off is still good on a new model.

Sorry. Not sure I why was thinking the UK. You've been given a great deal IMO.

[Davinhci]

no such deals for me you lucky butt. congrats