$500 increase on M3 Coupe and Sedan after Jan 1

PKL · 12-09-2010, 08:53 AM

My CA just called me to tell me there will be a $500 increase in the price of both Coupe and Sedan after Jan 1, so he wants me to order now instead of waiting until Jan 29 (my birthday when I was going to order).

$500 isn't that big of a deal, but I may order the week after Christmas anyway.

He said he has documentation to prove of the price increase, but has anyone else been informed of this?

BKMK5 · 12-09-2010, 08:58 AM

Nope, but glad my order has been in since 11/20.

mkoesel · 12-09-2010, 09:08 AM

Thanks for the info.

Not a surprise at all. In fact, I had originally expected this to come along with the 2011.5 changes, and was actually surprised that they held off at that point and waited until now.

PKL · 12-09-2010, 09:10 AM

Quote:

Originally Posted by BKMK5

Nope, but glad my order has been in since 11/20.

Are you taking advantage of $1,500 holiday credit?

hbcpa · 12-09-2010, 09:24 AM

Please post dealer proof.

Hopefully David or Golffrr will chime in.

jonasaurus · 12-09-2010, 09:29 AM

I have been told the same by my dealership here in the UK that there is a price increase as of 1 January 2011. We are also lucky enough to get a goods and services tax increase of 2.5% too!

PKL · 12-09-2010, 10:11 AM

Quote:

Originally Posted by hbcpa

Please post dealer proof.

Hopefully David or Golffrr will chime in.

As I said my CA told me he has the documentation to prove it so I certainly don't think he would say that if it weren't true.

Park2670 · 12-09-2010, 10:22 AM

It is true. All E9x M3 and the new 5 Series get a $500 increase for 2011

hbcpa · 12-09-2010, 10:23 AM

Quote:

Originally Posted by PKL

Quote:

Originally Posted by hbcpa

Please post dealer proof.

Hopefully David or Golffrr will chime in.

As I said my CA told me he has the documentation to prove it so I certainly don't think he would say that if it weren't true.

PKL - Thanks for the heads-up.

Trust, but verify.

jbtco · 12-09-2010, 10:27 AM

Quote:

Originally Posted by jonasaurus

I have been told the same by my dealership here in the UK that there is a price increase as of 1 January 2011. We are also lucky enough to get a goods and services tax increase of 2.5% too!

I have an M3 on order and my dealer has told me that VAT increase will be absorbed by BMW for cars ordered pre 31 Dec and delivered before end of Feb.

mkoesel · 12-09-2010, 10:27 AM

@hbcpa

I am sure a scan or pdf of the memo with all price increases will be posted by someone soon. It'll probably make the bimmerpost front page in the next 24 hours or so.

saeedg48 · 12-09-2010, 11:25 AM

Sounds like he's bullying you into buying it sooner than later.

Usually when you buy right before the end of the month they give you the best deal - given that they would like to sell as many cars as possible in that given month to beat their last quota and beat other dealers.

PKL · 12-09-2010, 11:32 AM

With the $1,500 holiday credit, and the fact that price goes up $500, I am in essence saving myself $2,000 off the price of the car by ordering end of December instead of end of January.

FWIW my "deal" is $500 over invoice, with holiday credit bringing me to $1,000 under invoice.

M3maniac20 · 12-09-2010, 11:45 AM

Yeah it just happened from the time I ordered my car in July to when I had to reorder it a few weeks ago. He never really told me why though...

ksoze · 12-09-2010, 04:15 PM

The original posts specified "coupes and sedans". Would assume the convertible also?

PKL · 12-09-2010, 04:18 PM

Quote:

Originally Posted by ksoze

The original posts specified "coupes and sedans". Would assume the convertible also?

True, I would also assume this to be the case. But verts are for girls

ksoze · 12-09-2010, 04:20 PM

Quote:

But verts are for girls

Yep. And I have room for three of them, plus a lap.

jonasaurus · 12-09-2010, 04:34 PM

Quote:

Originally Posted by jbtco

I have an M3 on order and my dealer has told me that VAT increase will be absorbed by BMW for cars ordered pre 31 Dec and delivered before end of Feb.

All the London dealers I spoke to over the last couple of months were definitely not willing to be so generous on the VAT but definitely there is a price increase post 31 December 2010.

GOLFFRR · 12-09-2010, 09:26 PM

Hey guys sorry just saw this, I had Ryan check into this and Pricing increase confirmed as of January 1st. However, if your order is placed and rate locked prior to Dec 31st, there will be no increase! Bad new I know however at least its not more!

PKL · 12-10-2010, 07:51 AM

Quote:

Originally Posted by GOLFFRR

Hey guys sorry just saw this, I had Ryan check into this and Pricing increase confirmed as of January 1st. However, if your order is placed and rate locked prior to Dec 31st, there will be no increase! Bad new I know however at least its not more!

Thanks for the confirmation Jimmy. Get those orders in guys, with $1500 holiday credit and $500 increase you are effectively paying $2,000 more after Jan 1!

hbcpa · 12-10-2010, 08:18 AM

Quote:

Originally Posted by PKL

Quote:

Originally Posted by GOLFFRR

Hey guys sorry just saw this, I had Ryan check into this and Pricing increase confirmed as of January 1st. However, if your order is placed and rate locked prior to Dec 31st, there will be no increase! Bad new I know however at least its not more!

Thanks for the confirmation Jimmy. Get those orders in guys, with $1500 holiday credit and $500 increase you are effectively paying $2,000 more after Jan 1!

Thanks PKL.

I pulled the trigger this morning. Just waiting to hear back from my CA. $2K is too much to leave on the table.

PKL · 12-10-2010, 08:51 AM

Quote:

Originally Posted by hbcpa

Thanks PKL.

I pulled the trigger this morning. Just waiting to hear back from my CA. $2K is too much to leave on the table.

I am ordering on 12/23!!!

What are your colors/specs???

12-09-2010, 08:53 AM	#1
PKL Brigadier General 846 Rep 3,274 Posts Drives: 2020 M4, 2022 X6 Join Date: Oct 2008 Location: San Fernando Valley iTrader: (1)	$500 increase on M3 Coupe and Sedan after Jan 1 My CA just called me to tell me there will be a $500 increase in the price of both Coupe and Sedan after Jan 1, so he wants me to order now instead of waiting until Jan 29 (my birthday when I was going to order). $500 isn't that big of a deal, but I may order the week after Christmas anyway. He said he has documentation to prove of the price increase, but has anyone else been informed of this? __________________
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12-09-2010, 08:58 AM	#2
BKMK5 First Lieutenant 29 Rep 344 Posts Drives: 2019 MB C43 Join Date: Jan 2009 Location: NY iTrader: (0)	Nope, but glad my order has been in since 11/20.
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12-09-2010, 09:08 AM	#3
mkoesel Moderator 7509 Rep 19,370 Posts Drives: No BMW for now Join Date: Jun 2006 Location: Canton, MI iTrader: (1)	Thanks for the info. Not a surprise at all. In fact, I had originally expected this to come along with the 2011.5 changes, and was actually surprised that they held off at that point and waited until now.
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12-09-2010, 09:24 AM	#5
hbcpa Second Lieutenant 6 Rep 211 Posts Drives: 2011.5 MR E90 M3 Join Date: Aug 2010 Location: Maryland iTrader: (0)	Please post dealer proof. Hopefully David or Golffrr will chime in. __________________
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12-09-2010, 09:29 AM	#6
jonasaurus Brigadier General 76 Rep 3,178 Posts Drives: E90 M3 [Sold] Join Date: Oct 2010 Location: NYC iTrader: (0)	I have been told the same by my dealership here in the UK that there is a price increase as of 1 January 2011. We are also lucky enough to get a goods and services tax increase of 2.5% too! __________________ ///M3 \| E90 LCI \| Space Grey \| Fox Red with CF Structure \| 6MT \| 260M \| My build
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12-09-2010, 10:22 AM	#8
Park2670 General 355 Rep 18,218 Posts Drives: Tesla Model 3 Join Date: Jan 2006 Location: UTAH iTrader: (8)	It is true. All E9x M3 and the new 5 Series get a $500 increase for 2011 __________________
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12-09-2010, 10:27 AM	#11
mkoesel Moderator 7509 Rep 19,370 Posts Drives: No BMW for now Join Date: Jun 2006 Location: Canton, MI iTrader: (1)	@hbcpa I am sure a scan or pdf of the memo with all price increases will be posted by someone soon. It'll probably make the bimmerpost front page in the next 24 hours or so.
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12-09-2010, 11:25 AM	#12
saeedg48 Brigadier General 342 Rep 3,574 Posts Drives: Porsche 991.1 GT3 Join Date: Nov 2008 Location: Newport Beach, CA iTrader: (1)	Sounds like he's bullying you into buying it sooner than later. Usually when you buy right before the end of the month they give you the best deal - given that they would like to sell as many cars as possible in that given month to beat their last quota and beat other dealers. __________________ 2015 Porsche 991.1 GT3 2015 F80 M3 -- Individual; Space Grey
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12-09-2010, 11:32 AM	#13
PKL Brigadier General 846 Rep 3,274 Posts Drives: 2020 M4, 2022 X6 Join Date: Oct 2008 Location: San Fernando Valley iTrader: (1)	With the $1,500 holiday credit, and the fact that price goes up $500, I am in essence saving myself $2,000 off the price of the car by ordering end of December instead of end of January. FWIW my "deal" is $500 over invoice, with holiday credit bringing me to $1,000 under invoice. __________________
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12-09-2010, 11:45 AM	#14
M3maniac20 Captain 87 Rep 725 Posts Drives: 2013 BMW 335is Coupe Join Date: Aug 2010 Location: Austin, Texas iTrader: (0)	Yeah it just happened from the time I ordered my car in July to when I had to reorder it a few weeks ago. He never really told me why though... __________________ 2016 340i M-Sport 6-MT(on order) 2013 335is (still have) 2011.5 M3 ZCP (traded in)
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12-09-2010, 04:15 PM	#15
ksoze Major 376 Rep 1,223 Posts Drives: 2018 M550iX Join Date: Nov 2010 Location: Maryland iTrader: (0)	The original posts specified "coupes and sedans". Would assume the convertible also?
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12-09-2010, 09:26 PM	#19
GOLFFRR 10776 Rep 27,587 Posts Drives: GOLFFRR cart Join Date: Mar 2009 Location: we sell BMWs to "ALL" US states iTrader: (4)	Hey guys sorry just saw this, I had Ryan check into this and Pricing increase confirmed as of January 1st. However, if your order is placed and rate locked prior to Dec 31st, there will be no increase! Bad new I know however at least its not more! __________________ BEFORE YOU BUY YOUR NEXT BMW, EMAIL OUR GUY KOTE FIRST! Kote M Sales:Kotem@bmwofcamarillo.com Cell:805-368-9101 vipfinance@bmwofcamarillo.com for warranties!
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