[articulatedsphinx]

Originally Posted by BMWZ4

It's criminal. Honestly who needs a vehicle badly enough to pay over MSRP

The waiting time in Australia for a RAV4 Hybrid top spec model is 2-3 years now.

We sold ours with 15,000km and a year old for 11k over MSRP.

[FlashMonkey929]

Originally Posted by articulatedsphinx

The waiting time in Australia for a RAV4 Hybrid top spec model is 2-3 years now.

We sold ours with 15,000km and a year old for 11k over MSRP.

That's crazy! The wait time for a Rav4 Hybrid here in Hawaii is about 18 months, and I thought that was bad. Ours get shipped to us directly from Japan though, North America Rav4's are built in Kentucky and Ontario. From what I've read they have a shortage of panoramic sunroofs right now and one plant halted production for 6 days due to lack of components.

[BMWZ4]

Originally Posted by articulatedsphinx

The waiting time in Australia for a RAV4 Hybrid top spec model is 2-3 years now.

We sold ours with 15,000km and a year old for 11k over MSRP.

Good for you...although you're not a dealer (I assume)

[jodony]

My dealer (would have been my third car with them) heroically offered "we sell only at MSRP" but when I checked the lease rates they had jacked up the money factor from 0.00185 to 0.00225, equivalent to $1,000 extra in their pockets. Sorry no thank you.

[bluecrabby]

Originally Posted by jodony

My dealer (would have been my third car with them) heroically offered "we sell only at MSRP" but when I checked the lease rates they had jacked up the money factor from 0.00185 to 0.00225, equivalent to $1,000 extra in their pockets. Sorry no thank you.

my CA told me that 9 out of 10 of their customers paid cash for their new BMWs.... including an Asian lady who literally tried to pay with cash, as in 600 $100 bills, for her new 330i.

[tex2670]

Originally Posted by bluecrabby

my CA told me that 9 out of 10 of their customers paid cash for their new BMWs.... including an Asian lady who literally tried to pay with cash, as in 600 $100 bills, for her new 330i.

9 out of 10....purchasers? Because a vast majority of BMWs are leased.

[dejy]

Originally Posted by tex2670

9 out of 10....purchasers? Because a vast majority of BMWs are leased.

From reading other sections of the forum it seems that the entry-level BMW cars are mostly leased but the higher end models are bought outright.

That makes sense at least here in Australia where dealers give discounts on leased/loan options because they make commissions through the leasing/loan operator and you can claim some leasing costs against income tax if you utilize it for business use plus the depreciation costs. This option can end up being cheaper in the long run plus you get a new vehicle every 3 years or so but only for entry level cars because if it goes above the LCT (Luxury Car Tax) bracket it complicates the process.

I personally won't claim my new X1 for business use and am buying outright as for me that is the most beneficial way but it varies per person and location.

I think Mercedes is the king in the leasing department here in Aus, its just a more flashier car and people who want to look flashy but don't necessarily have the funds outright seem to like purchasing them.

[FlashMonkey929]

Originally Posted by dejy

From reading other sections of the forum it seems that the entry-level BMW cars are mostly leased but the higher end models are bought outright.

That makes sense at least here in Australia where dealers give discounts on leased/loan options because they make commissions through the leasing/loan operator and you can claim some leasing costs against income tax if you utilize it for business use plus the depreciation costs. This option can end up being cheaper in the long run plus you get a new vehicle every 3 years or so but only for entry level cars because if it goes above the LCT (Luxury Car Tax) bracket it complicates the process.

I personally won't claim my new X1 for business use and am buying outright as for me that is the most beneficial way but it varies per person and location.

I think Mercedes is the king in the leasing department here in Aus, its just a more flashier car and people who want to look flashy but don't necessarily have the funds outright seem to like purchasing them.

I know that at least in Hawaii, the majority of BMW’s are leased. I lease mine for my business as the tax write offs are greater incentive for me, though leasing here almost always has a higher total cost compared to purchasing. Mercedes I believe is the same, but Lexus tends to be more purchased than leased and is generally driven by an older demographic with the exception of their IS models.

[jihong]

Got mine at MSRP in NYC, he was telling me he could "markup the price and sell it to one of the many people interested in the car". My bet is that's all BS and salesman tactics, but I took the deal so I didn't lose the car. He wouldn't budge on any of the optional fees either, so I guess it just depends on where you go!

If the car you're interested sits in their inventory for the next few days, I'd tell them you'd be willing to pay MSRP and see if they take your offer!

[Next Level Auto Brokers]

Target is 5-6% off before rebates (none at the moment) with a base MF or APR rate

We have orders available which I'm told by multiple dealers is the best in the country.

Please do not pay over sticker for these as you will be severely underwater on it in a year or so

[WA]

Originally Posted by jodony

My dealer (would have been my third car with them) heroically offered "we sell only at MSRP" but when I checked the lease rates they had jacked up the money factor from 0.00185 to 0.00225, equivalent to $1,000 extra in their pockets. Sorry no thank you.

Similar tactic with the dealer I originally ordered from (X1 arrived damaged, bought from another dealer) where the agreement was MSRP, but they don’t tell you that’s only if you finance with them. I later saw on their website a $1000 markup for “Cash or Use My Bank.”

Since it arrived damaged, didn’t get to the point of seeing if they would really try and charge me the $1k to pay cash. The dealer I ended up buying from didn’t play that game, just MSRP for cash (even though both dealers owned by the same parent company.)

[sgyX3]

I just purchased an x1 fully loaded. BMW has no incentives other than military or recent grad, no loyalty rebates or anything which annoyed me quite a bit. I have purchased 5 BMWs in the last 2 years. The dealer had no option than to cut into their margin to be able to do anything for me. They did reduce the price by a modest amount which I appreciated. They also added all weather mats and upgraded my maintenance plan at no charge to me. I would never pay more than sticker price.

[Next Level Auto Brokers]

6% off for February on in-stock (slim pickings) and orders

DO NOT PAY OVER STICKER FOR AN X1. YOU WILL BE SEVERELY UNDER WATER ON IT

[lurkmorethanpost]

Originally Posted by bluecrabby

I have personal experience with two borderline scumbag BMW dealerships in the Washington, DC area. They are so bad that I won't even refer them to my worst enemy. But I also know a super nice BMW dealer in the area(BMW of Fairfax) Strangely, all three within a 20-mile radius.

Yeah, this area has a few. I can extend your radius a bit. The worst for me was actually one in the Baltimore area. The. Worst.

[COOLGREANY]

Originally Posted by donnalee35

In times of market adjustment, such as the current challenges faced by Bitcoin into USD, resilience becomes crucial. The volatility underscores the dynamic nature of cryptocurrency markets. Investors must navigate these tough times with a strategic mindset, considering long-term trends over short-term fluctuations. Market adjustments are inherent, and embracing them as opportunities for informed decisions is key to navigating the crypto landscape effectively.

You may be on the wrong forum.

[tex2670]

Originally Posted by donnalee35

In times of market adjustment, such as the current challenges faced by Bitcoin into USD, resilience becomes crucial. The volatility underscores the dynamic nature of cryptocurrency markets. Investors must navigate these tough times with a strategic mindset, considering long-term trends over short-term fluctuations. Market adjustments are inherent, and embracing them as opportunities for informed decisions is key to navigating the crypto landscape effectively.

Yes - looks like spam....

[BarrettDB]

Originally Posted by prp7

Contacted a dealer about 2 hours away about an X1 that has all the features that I'm looking for. They are charging $2500 above MRSP for
"market adjustment". Is this common practice these days?

A number of dealers try adding MDA pricing to "M" models, but this is an M-light vehicle. I ordered my X1m35i (creating an order may make a difference in some areas), and not only didn't pay any MDA, but got a $1,500 discount. I am a multi-BMW vehicle owner, so that may have something to do with it, but whereas a lot of dealers for various brands were charging MDA in the past year, nearly none are now. Try connecting with either an "Internet" sales manager or the general sales manager - be nice - and see if things don't work out differently.

[GrannyShiftG80]

i managed to get 4,000 off msrp

[RigaTony1982]

See OP is in Wisconsin. Broker I used for my Z4 and wife's X3 is offering 7% of MSRP plus incentives for X1 28i in midwest.

[timesone]

Originally Posted by RigaTony1982

See OP is in Wisconsin. Broker I used for my Z4 and wife's X3 is offering 7% of MSRP plus incentives for X1 28i in midwest.

7% OFF MSRP

What X1 incentives?

[RigaTony1982]

Originally Posted by timesone

7% OFF MSRP

What X1 incentives?

Here's a link to his website, which shows the deals.

https://www.clutchautodeals.com/deals

X1 shows 7% of MSRP. Looks like there is also a $500 loyalty and $500 lease cash incentive.

Also, if you use BMWFS, they don't mark up the rates at all. There's no hidden fees or add ons either.

In case anyone is interested, here's the thread I wrote when I used him for the first time:

https://g29.bimmerpost.com/forums/sh...ghlight=broker