View Full Version : M3 Mark-Up
Zero Cool 03-10-2008, 10:18 PM Can't wait to see what it is here in HI. And I thought the regional adjustment of $10k on the new M5/6 was rediculous.
http://i259.photobucket.com/albums/hh289/ZeroCool_CrashOverride/2008-bmw-m3-coupe-picture-msrp-100k.jpg
quickbrick 03-10-2008, 10:44 PM I would figure it should get marked up at least $10k, same as most of the other M cars here.
A M3 and a 1-series were supposed to make it here for the car show, but I was told both of those cars got damaged in the New Jersey ship-tipping incident.
bupton 03-10-2008, 11:53 PM OMFG!!! $30K? That is ridiculous!! Sad thing is, there will be at least one or two fools who will gladly pony up and drop that change...
ronin009 03-11-2008, 01:00 AM BMW of Maui has already sold two M3s.
gsn794 03-11-2008, 06:15 PM you can bet that the local dealer will mark it up plenty. It's not as though you can drive to a nearby town and find another dealer to generate a little competition. I think that I would also avoid a first year model - let someone else find the bugs and let BMW find the fixes, then buy.
The Beastmaster 03-11-2008, 06:21 PM I would figure it should get marked up at least $10k, same as most of the other M cars here.
A M3 and a 1-series were supposed to make it here for the car show, but I was told both of those cars got damaged in the New Jersey ship-tipping incident.
Is that like cow tipping? :D
KingJerd 03-11-2008, 06:26 PM Is that like cow tipping? :D
:rofl:
MRFLEX 03-11-2008, 06:46 PM Actually that $30K mark-up isn't that bad, the word on the new ZR-1 Corvette is that the dealers will be marking them up by $100K making the car's sale price at $200K but as Ben said someone will be ponying up the cash to buy the car.
Greed
bupton 03-11-2008, 06:48 PM Man, dealers operating like this make me eager to get back to either the mainland or Europe before even thinking about buying another new car.
KingJerd 03-11-2008, 06:49 PM I doubt the Vette will actually see $200k. Chevy has said been rumored to mark up lots of cars like that but very rarely has.
bupton 03-11-2008, 06:50 PM I doubt the Vette will actually see $200k. Chevy has said been rumored to mark up lots of cars like that but very rarely has.
I take it you have not spent all that much time in the dealerships down here. They operate as if they were in a vacuum. Hell, when you really think about it they are in a vacuum. In many cases, like Gary mentioned with BMW/H, they know that they are the only game in town and can pretty much play by whatever rules they choose.
KingJerd 03-11-2008, 06:54 PM I take it you have not spent all that much time in the dealerships down here. They operate as if they were in a vacuum. Hell, when you really think about it they are in a vacuum.
I was just talking about Chevy as a whole. Not just down here. I dont doubt the dealerships here will do that, but as a whole, I doubt the markup will be that drastic.
bupton 03-11-2008, 06:57 PM They were pretty much doing the same thing with the Z06's from what I remember.
lost808 03-11-2008, 07:00 PM Last time I was down at the Porsche dealer, I saw Ash working there. He was a used car salesman at BMW. I guess BMW doesn't only send their customers running, but the sales staff also!
KingJerd 03-11-2008, 07:01 PM Im coming from NC though, Z06's there werent expensive at all in comparison. $50k-$60k tops.
Thats why I say "As a whole." Meaning, the average across the world for the new ZR-1 wont be $200k. Maybe it would be that much here in HI, but not everywhere.
quickbrick 03-11-2008, 10:47 PM Is that like cow tipping?
Not quite.
There was a thread about it in the General BMW Discussion forum back in January (can't post the link yet). Basically, the ship (the Courage) tipped over enough to cause about 370 new BMWs to slide around and smack into each other. Majority of that shipment were 1-series cars and m3s, allocated for dealer demo/carshow usage.
The Beastmaster 03-12-2008, 12:03 AM Not quite.
There was a thread about it in the General BMW Discussion forum back in January (can't post the link yet). Basically, the ship (the Courage) tipped over enough to cause about 370 new BMWs to slide around and smack into each other. Majority of that shipment were 1-series cars and m3s, allocated for dealer demo/carshow usage.
I read about the ship listing.
poser 03-12-2008, 12:28 AM Im coming from NC though, Z06's there werent expensive at all in comparison. $50k-$60k tops.
msrp on the 2006 C6 Z06s were 65k for a base one...in 2007, that price jumped up by 5k, making a base Z06 70k...
unless you're talking C5 Z06s...
KingJerd 03-12-2008, 12:30 AM C5
ronin009 03-12-2008, 01:22 AM Its worse here on Maui than it is for you guys on Oahu. Since we only have one Ford dealership, every car on the lot has a $5000 dealer markup. Have you ever seen a $30K Ford Focus, come to Maui. Then again they had a brand new Ford GT listed at almost $400K, the MSRP was $150K.
gsn794 03-12-2008, 03:16 AM Its worse here on Maui than it is for you guys on Oahu. Since we only have one Ford dealership, every car on the lot has a $5000 dealer markup. Have you ever seen a $30K Ford Focus, come to Maui. Then again they had a brand new Ford GT listed at almost $400K, the MSRP was $150K.
I'm pretty sure the shipping from Oahu (or even the mainland) is a hell of a lot less than $5k... :D
gmhl10 03-12-2008, 04:40 AM I guess it just goes back to the saying:
"Where there's money to be made..."
Blitzkrieg Bob 03-12-2008, 03:33 PM I guess it just goes back to the saying:
"Where there's money to be made..."
Or
"A fool and his money"
bupton 03-12-2008, 03:36 PM Or
"A fool and his money"
+ 1 billion!
bupton 03-12-2008, 10:29 PM Regarding the ZR-1:
http://www.leftlanenews.com/why-not-350000-corvette-zr1-on-craigslist.html
I know this isn't entirely reflective of dealers mark up, but it kind of hints towards the writing on the wall...
vexed 03-12-2008, 11:59 PM I was at BMW/H today but no M3s yet to see what the markup is.
The Beastmaster 03-13-2008, 12:16 AM When the Z8 came out, our esteemed dealer was asking $350k for a $125k car. The GM even defended this practice in Roundel.
bupton 03-13-2008, 01:10 AM Must be nice to not have any competition for miles and miles...
99MPower 03-13-2008, 01:13 AM incredible.............. all i gotta say
Gene V 03-13-2008, 01:42 AM When the Z8 came out, our esteemed dealer was asking $350k for a $125k car. The GM even defended this practice in Roundel.
yeah, I remember reading his letter...in so many words, he said the Z8 was worth as much as any Ferrari selling for the same inflated price...
bupton 03-13-2008, 01:46 AM I think it's sad that BMW will not allow a second dealer down here to make those guys a little more honest...
gmhl10 03-13-2008, 03:30 PM When the Z8 came out, our esteemed dealer was asking $350k for a $125k car. The GM even defended this practice in Roundel.
Maybe I'm not that old... :stickoutt
But damn. It's not that hard to buy a car from California and ship it down here.
At least you get more choices with options and colors and so forth.
That's what I'm doing with my next car.
MRFLEX 03-13-2008, 03:49 PM I doubt the Vette will actually see $200k. Chevy has said been rumored to mark up lots of cars like that but very rarely has.
Sorry buddy not rumors, but the dealerships on the mainland already have said that the going price will be $200K the Barrett Jackson auction of the first ZR-1 will be at $1,000,000.00
Try buying a ZO6 here JN Chevy has them at $100K
On the 2008 M3, I was called by my salesman at BMW that they have one coming in at around $73K.
KingJerd 03-13-2008, 04:06 PM Theyve said it before.
The Beastmaster 03-13-2008, 04:11 PM Sorry buddy not rumors, but the dealerships on the mainland already have said that the going price will be $200K the Barrett Jackson auction of the first ZR-1 will be at $1,000,000.00
Try buying a ZO6 here JN Chevy has them at $100K
On the 2008 M3, I was called by my salesman at BMW that they have one coming in at around $73K.
Doesn't it start @ $55k?
KingJerd 03-13-2008, 04:19 PM I start at $55k.....
The Beastmaster 03-13-2008, 04:30 PM I start at $55k.....I'll give Gov. Spitzer your #.
igyloo 03-13-2008, 05:07 PM On the 2008 M3, I was called by my salesman at BMW that they have one coming in at around $73K.
Getting rid of the vette?
bupton 03-13-2008, 05:25 PM Maybe I'm not that old... :stickoutt
But damn. It's not that hard to buy a car from California and ship it down here.
At least you get more choices with options and colors and so forth.
That's what I'm doing with my next car.
Please correct me if I am wrong, but aren't there legal/taxation issues pertaining to declared state residents purchasing a car on the mainland and then shipping it here to Hawaii? I could have sworn I read something about that when I was getting info on shipping cars here before I left Germany.
KingJerd 03-13-2008, 05:29 PM I'll give Gov. Spitzer your #.
For that Id charge a mill....easy....HAHAHAHAHAHA:lol
The Beastmaster 03-13-2008, 06:43 PM Please correct me if I am wrong, but aren't there legal/taxation issues pertaining to declared state residents purchasing a car on the mainland and then shipping it here to Hawaii? I could have sworn I read something about that when I was getting info on shipping cars here before I left Germany.Yup, you have to pay GET when the new car gets here. However, that is still cheaper than the dealer's "Adjusted Market Value".
gsn794 03-15-2008, 05:17 AM When the Z8 came out, our esteemed dealer was asking $350k for a $125k car. The GM even defended this practice in Roundel.
which issue was that? I must have missed that particular letter. Just out of curiosity, has anyone had any issues with the local dealer giving them crap when you bring in a car purchased elsewhere for BMW's "free maintenance" or warranty work?
The Beastmaster 03-15-2008, 07:43 AM which issue was that? I must have missed that particular letter. Just out of curiosity, has anyone had any issues with the local dealer giving them crap when you bring in a car purchased elsewhere for BMW's "free maintenance" or warranty work?I think it was in 1999, just before I joined CCA.
bupton 03-15-2008, 02:47 PM which issue was that? I must have missed that particular letter. Just out of curiosity, has anyone had any issues with the local dealer giving them crap when you bring in a car purchased elsewhere for BMW's "free maintenance" or warranty work?
Yep. They originally told me that my car did not apply for this deal because it was purchased overseas...
gmhl10 03-15-2008, 04:41 PM Yup, you have to pay GET when the new car gets here. However, that is still cheaper than the dealer's "Adjusted Market Value".
Ditto.... my friend did it with his Lancer Evolution IX MR.
Shipping + GET was still a lot cheaper than the dealer $6k requested markup... not to mention, he had choices of what color and options he wanted.
Shipped the car here in an enclosed container w/ insurance too.
And all this hassle was just over a $6K markup price...
If he could do it... I don't see why others can't when dealers are asking $10K... $20K... $30K markup prices.
bupton 03-16-2008, 02:24 AM It is always a good bargaining tool. When I bought the S I told the dealer to take off the market adjusted price before we would even start to negotiate. He said that part of doing business, and living, here in Hawaii was dealing with this; to which I told him to get stuffed. Told him that I would just get mine from the mainland (we military folk don't get hit with the additional taxes down here) instead and walked out. He followed me saying that we could start negotiating at MSRP...
It is always a good bargaining tool. When I bought the S I told the dealer to take off the market adjusted price before we would even start to negotiate. He said that part of doing business, and living, here in Hawaii was dealing with this; to which I told him to get stuffed. Told him that I would just get mine from the mainland (we military folk don't get hit with the additional taxes down here) instead and walked out. He followed me saying that we could start negotiating at MSRP...
may need to take you along with me when I go truck shopping for my wife Ben. She is wanting a Z71 and I just cant see paying the prices that they are here. Keep telling her to wait till we go back to Texas or Kentucky
bupton 03-16-2008, 11:08 PM No worries. Just let me know when.
poser 03-18-2008, 05:03 AM may need to take you along with me when I go truck shopping for my wife Ben. She is wanting a Z71 and I just cant see paying the prices that they are here. Keep telling her to wait till we go back to Texas or Kentucky
bren- if you mean the chevy truck with z71 package- lemme know...my salesguy there is awesome...no haggling needed...every car (well, except for the Z06) was under msrp out the door...
gsn794 03-18-2008, 06:44 PM It is always a good bargaining tool. When I bought the S I told the dealer to take off the market adjusted price before we would even start to negotiate. He said that part of doing business, and living, here in Hawaii was dealing with this; to which I told him to get stuffed. Told him that I would just get mine from the mainland (we military folk don't get hit with the additional taxes down here) instead and walked out. He followed me saying that we could start negotiating at MSRP...
walking away works amazingly well. I remember many years ago, just before BMW released the i engine for the E30, I was looking at 944s and Supras. I saw what I thought was a good deal on a Supra in suburban Maryland, so I drove up and checked it out, and by the time the salesman had added in paint protectant, undercoating and believe it or not, additional markup, it came the the same price as a 944. I stood up and started walking toward the door, and within a minute the price came down $4500. I still passed on the Supra, and a test drive in a vert with the new i engine convinced me to buy my first bimmer, a new '87 325is.
igyloo 03-18-2008, 08:00 PM walking away works amazingly well. I remember many years ago, just before BMW released the i engine for the E30, I was looking at 944s and Supras. I saw what I thought was a good deal on a Supra in suburban Maryland, so I drove up and checked it out, and by the time the salesman had added in paint protectant, undercoating and believe it or not, additional markup, it came the the same price as a 944. I stood up and started walking toward the door, and within a minute the price came down $4500. I still passed on the Supra, and a test drive in a vert with the new i engine convinced me to buy my first bimmer, a new '87 325is.
$4500 in 1987! :eek:
quickbrick 03-19-2008, 04:39 AM BMW of Honolulu recieved their first E92 M3 today. Markup is listed as $4995.
Gene V 03-19-2008, 01:45 PM BMW of Honolulu recieved their first E92 M3 today. Markup is listed as $4995.
wow, givin' us a break, didn't go the full $5k...
BMW of Honolulu recieved their first E92 M3 today. Markup is listed as $4995.
did someone already get this?
Zero Cool 03-20-2008, 03:56 AM did someone already get this?
Yep, already sold
dchen 03-20-2008, 04:09 AM Yep, already sold
I think it was a black one. The new M3 looks odd with the big hump on the hood.
99MPower 03-20-2008, 05:22 AM so whats the new news gene... i heard from a birdie you need new auto-x numbers
igyloo 03-20-2008, 01:18 PM so whats the new news gene... i heard from a birdie you need new auto-x numbers
um...you gotta ask him on 2 forums? :confused
http://www.forumshawaii.net/vbb/showthread.php?t=397580&page=2
99MPower 03-20-2008, 03:08 PM yep.. whichever he sees first....
Gene V 03-20-2008, 03:19 PM so whats the new news gene... i heard from a birdie you need new auto-x numbers
March 30th will be my last autox in the M...
KingJerd 03-20-2008, 03:24 PM Glad ill be there to see it run.
99MPower 03-20-2008, 06:20 PM March 30th will be my last autox in the M...
whats the new toy though... :D
gsn794 03-20-2008, 06:37 PM $4500 in 1987! :eek:
that's why I walked... :D
Gene V 03-20-2008, 07:27 PM whats the new toy though... :D
all I can say at this time is that I'll be co-driving with ken...:D
does anyone know the final price on the M3 and when BMWOFH will get more in?
Gene V 03-20-2008, 09:22 PM does anyone know the final price on the M3 and when BMWOFH will get more in?
I think MSRP is going to be around $70K, plus or minus, depending on the options...then add dealer markup, fees, documentation, sale tax, etc...$75-80K out the door...:(
I won't be getting one as my retirement gift to myself...but then again, if I can get the missus to agree to a reverse mortgage...
quickbrick 03-20-2008, 09:45 PM does anyone know the final price on the M3 and when BMWOFH will get more in?
The one that came in had the premium package, and 19" wheel option. Total with markup came out to about $66k.
Not sure when more will come in, but I'm hearing that a 1 series will arrive next week.
Gene V 03-20-2008, 09:59 PM The one that came in had the premium package, and 19" wheel option. Total with markup came out to about $66k.
Not sure when more will come in, but I'm hearing that a 1 series will arrive next week.
need a price on the 135, when one gets in...:D
gmhl10 03-20-2008, 11:02 PM I think MSRP is going to be around $70K, plus or minus, depending on the options...then add dealer markup, fees, documentation, sale tax, etc...$75-80K out the door...:(
I won't be getting one as my retirement gift to myself...but then again, if I can get the missus to agree to a reverse mortgage...
I just went onto bmwusa.com about an hour ago and my E92 M3 with all the options I wanted (almost all) came out to about $66K MSRP.
vexed 03-20-2008, 11:08 PM I just went onto bmwusa.com about an hour ago and my E92 M3 with all the options I wanted (almost all) came out to about $66K MSRP.
That's because the sedan aka family car costs less.:stickoutt
Jason who drives the Imola Red 330CI went to the dealer today. They told him out the door $56K and for the 4 DR slightly cheaper. So not that bad I guess.
gmhl10 03-23-2008, 01:14 AM That's because the sedan aka family car costs less.:stickoutt
Sedan is E90. I was talking about the coupe.
The Beastmaster 03-23-2008, 01:19 AM Sedan is E90. I was talking about the coupe.
A sedan is better for a married couple with a baby. :evil2
Zero Cool 03-23-2008, 01:54 AM A sedan is better for a married couple with a baby. :evil2
Yep...
Jason who drives the Imola Red 330CI went to the dealer today. They told him out the door $56K and for the 4 DR slightly cheaper. So not that bad I guess.
I was just quoted a base price of $56.5K plus destination and gas guzler of
$2,075 without any options. Sedan is $53.8k base.
Tester should be here in about 3 weeks.
Tester should be here in about 3 weeks.
just in time for me getting back!:buttrock
quickbrick 03-25-2008, 04:48 AM need a price on the 135, when one gets in...
First 1-series came in today. Jet black 135 manual w/ premium package. Markup listed at $1995. Total w/ destination comes out to $40670. Already sold.
Three more M3s came in too, all sold. Two white, one Black.
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