04-21-2017, 07:23 PM | #1 |
Colonel
892
Rep 2,909
Posts |
BMW loss of value proposition over the last couple of years
Let's just recap what we have lost over the last couple of years from what made BMW a great value proposition in addition to being great cars.
1) Maintenance plan length shortened to 3 years 2) Maintenance plan no longer covers wear items such as brakes and wipers 3) Euro Delivery discount dropped from 7% to 5% 4) Lease residuals continue to go down 5) Multiple Security Deposit (MSD's) program scrapped 6) Lease return nit picking (Technically this was never a perk, but I have always gotten away with minor damage and excess mileage as long as I got the next BMW.. This is no more. They are now super strict on this to try and push their lease end coverage plans) What am I missing? I mean I guess they are now shifting focus from volume to profitability per car, but still I feel that so much of what drew me to BMW is gone. Let's not even start with the cars themselves with the advent of turbos, FWD, ever larger and softer cars etc, etc. Truly the M2 is the last "real" BMW I'm afraid. Flame suit on |
04-22-2017, 12:18 AM | #2 |
Colonel
4318
Rep 2,980
Posts |
Not quite ready to declare them dead, but they are shifting fast towards upscale-corolla territory. I think the 2 series is seriously underrated, but in a way I'd rather that, vs. it being so popular you see them at every stoplight.
|
Appreciate
0
|
04-24-2017, 12:12 PM | #3 | |
Retired BMW Genius
2955
Rep 3,404
Posts |
Quote:
You're not the first and you won't be the last to say a certain BMW is the last 'true' BMW. People have said that about almost every generation BMW through the years. When happens when BMW goes electric only?(only a matter of time) Will the previous generation of cars be the last 'true' BMW's? |
|
Appreciate
0
|
04-24-2017, 12:13 PM | #4 |
Major General
3091
Rep 6,089
Posts |
The next corolla is going to be made by BMW.
|
Appreciate
0
|
04-24-2017, 12:15 PM | #5 |
Retired BMW Genius
2955
Rep 3,404
Posts |
|
Appreciate
0
|
04-24-2017, 12:37 PM | #6 |
Major General
3091
Rep 6,089
Posts |
They're also making the Supra hybrid or at least the Supra hybrid will have the B58
|
Appreciate
0
|
04-24-2017, 12:41 PM | #7 |
Lieutenant
87
Rep 471
Posts |
Another big loss of value is that they are producing so many cars, it is deflating the value of the used cars, specifically the E90 series.
__________________
BMWCCA member since 1990
Mods: 330 intake, ECU reflash & tune, Magnaflow cat back resonator & muffler, BMW Euro airbox, tinted windows |
Appreciate
0
|
04-24-2017, 04:16 PM | #8 | |
projecttechnik.com
110
Rep 215
Posts |
Quote:
Lease returns are always nit picked in general.
__________________
|
|
Appreciate
1
MightyMouseTech4352.00 |
04-24-2017, 04:21 PM | #9 |
Colonel
4318
Rep 2,980
Posts |
But you get to live in Canada. That is worth more than discounted ED; right now it is on a par with a lifetime supply of thorazine (or at least 4 years worth).
|
Appreciate
0
|
04-24-2017, 04:32 PM | #10 |
Colonel
1787
Rep 2,959
Posts |
__________________
--Life is a journey made more exciting with a fast car.--
--Helmets are for closers.-- <<Current: 'Johnny Boy' '23 CR MINI JCW 2-door. Gone (but not forgotten): 'Allie' '18 NBM Porsche 718 Cayman; 'The Blackened' '15 MG 228i M Sport w/aFe filter/scoop, JL 600/6 w/Hertz drivers, P3Cars multigauge, other goodies>> |
Appreciate
0
|
04-24-2017, 04:35 PM | #11 |
Beachtown Bill Collector
585
Rep 1,062
Posts
Drives: 2012 135i
Join Date: May 2011
Location: San Diego
|
Yet they still more cars every single quarter.
|
Appreciate
0
|
04-24-2017, 04:43 PM | #12 |
Major General
4352
Rep 6,196
Posts |
|
Appreciate
0
|
04-24-2017, 05:01 PM | #13 |
Chef
925
Rep 1,059
Posts |
There must be that someone who says "xxx will be the last great BMW" when the new gen comes around.
Remember when this whole turbo thing got on the scene? See how people are appreciating it now (majority of them). Same shit different days ehh |
Appreciate
0
|
04-26-2017, 07:54 AM | #16 | |
First Lieutenant
174
Rep 310
Posts
Drives: 2018 EB F31 2018 LG F80
Join Date: Nov 2009
Location: Ontario
iTrader: (0)
Garage List 2020 BMW M2 CS [9.83]
2021 Porsche 718 Sp ... [8.50] 2021 BMW R1250GSA [0.00] 2014 Boxster S [0.00] 2013 BMW R1200GS [0.00] 2011 1 Series M Coupe [10.00] |
Quote:
I bought an F31 as a highway cruiser and dog hauler. It is a capable car, comfortable, decent to drive in sport mode, I will miss it when my lease is up. I think I will just go Golf Sportwagen for half the price. I was considering the M2 but went GT4 instead. B. |
|
Appreciate
1
Germanauto9849.00 |
04-26-2017, 10:45 AM | #17 |
Lieutenant General
11735
Rep 11,191
Posts |
They have also become more strict on replacing items under warranty, and with this, I mean items that shouldn't wear out as quickly as they are. I had a 2004 Dodge truck and the leather on the steering wheel was prematurely wearing, and Dodge replaced it no questions asked. If the same thing happens on my BMW, they will write it off as "normal wear and tear". Wasn't the case not too long ago.
|
Appreciate
1
Ramos891.50 |
04-30-2017, 06:22 PM | #18 |
Captain
225
Rep 610
Posts |
No longer fun to drive?
I don't know about that... Think there could be some desensitization there. When you can afford a Porsche then yeah the average BMW isn't as fun to drive. And when you can afford a Lamborghini or Ferrari, then the Porsche may not be as fun to drive. Not defending BMW tho, they have slipped on some things that made their cars fun. |
Appreciate
0
|
04-30-2017, 07:05 PM | #19 | |
Lieutenant General
3918
Rep 10,624
Posts |
Quote:
#1 - Not a big deal. This doesn't hurt the typical leasee and it's one oil change for CPO owner. #2 - Brakes typically last over 50k miles and wiper blades last almost just as long (Mine are at 3 years and doing fine). #3 - Ya. This is a bummer. #4 - That's a function of demand. Higher supply equates to a lower price. BMW has to protect their margins. Also the used market for base models doesn't really acknowledge the value between say a vehcile that has Luxury line , M-sport line, or No line. BMW looses money subsidizing these features. #5 - Probably a hassle for them. #6 - This is a function of #4. BMW must enforce their contracts in order to help insure the expected residual value of their used vehicles.
__________________
"Drive more, worry less. "
435i, MPPK, MPE, M-Sport Line |
|
Appreciate
0
|
Post Reply |
Bookmarks |
Thread Tools | Search this Thread |
|
|