03-18-2020, 02:55 PM | #1 |
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Is COVID-19 causing you to reconsider taking delivery?
With everything going on with more and more people being unable to work, the market dropping daily, and uncertainly of the days/months ahead, is anyone debating whether they'll still take delivery of their vehicle when it arrives?
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'20 Portimao Blue M340i – Current '17 Dark Graphite 530i – Retired '14 Alpine White 328i – Retired |
03-18-2020, 03:22 PM | #2 |
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I have one due in end of March, on a boat, set for end of March collection. The market reactions make me want to delay delivery until April to see the new lease rates. (leasing)
OR If they drop to 0-0.9% (like in Oct 2008) I may look to buy the car. I want to go through the break in process asap with the open roadways with everyone at home.
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03-18-2020, 03:29 PM | #3 |
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Same sentiments as MUFCbmwbear. Waiting for those rate cuts.
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SoFlo M340i128.00 37b87.00 |
03-18-2020, 04:09 PM | #4 | |
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Poetry aside, for me it comes down to simple math. If I miss my opportunity now, I may find myself in a suboptimal position to do it again later. As long as my family and loved ones are being cared for by my decisions, I accept a level of personal risk for myself. Ten or five years ago I probably would have thought twice, but now I am more confident in my choices. Whether or not that is good or bad I will leave others to judge
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SoFlo M340i128.00 |
03-18-2020, 05:01 PM | #5 |
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Doesn't really make me rethink my order, but I'm certainly worried about delays in the order now. I just got my production scheduled for a M340i xDrive last night so today's news is not great. Still really love what bmw has done with the M340, though and am really looking forward to taking delivery of it (whenever that is).
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03-18-2020, 06:17 PM | #6 | |
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03-18-2020, 06:31 PM | #7 | ||
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03-18-2020, 07:10 PM | #8 |
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I’ve been waiting for our new car allowance and that’s all on hold which I can appreciate. Hopefully we’re back to normal soon enough and it feels like we’ll either have more negotiating power and/or have better rates.
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03-18-2020, 07:53 PM | #9 |
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Yeah, I'm hoping for better rates since I've already signed a deal. Wouldn't be surprised to see the rates drop.
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03-18-2020, 09:28 PM | #10 |
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I've waited so long for my car and tbh I've worked my ass off to get to a point where I'm able to afford a car like this at my age.
I work a full time day job (which excels during times of recession thankfully), and started my own business 2 years ago (in addition to my day job) and couldn't be happier with how things have panned out so far. Although the market may be taking a shit, this is a dream coming true of mine and thankfully this whole COVID-19 ordeal shouldn't have as drastic of an impact on my finances as it unfortunately will with others. I'd be lying if I said I didn't give it some thought, but there's going to be lots of new opportunities out there due to this downturn that could yield very positive results down the road.
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03-19-2020, 06:12 AM | #11 |
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I work in medicine so I feel like I have some good job security. And I'm young so I don't have a ton in the market, and many years before considering retirement.
My PCD just got canceled yesterday because the Performance Center said they're very likely closing by next week and no one knows for how long. My car had to be re-routed to my dealer by today at noon so there was not much time to consider. Luckily my CA discounted my car an extra $700 to cover the shipping of it down to me. I'm pissed, it sucks, you'll probably see me bitching about it all over this forum for the next few weeks sorry. I'm also pissed that he had to put together the contract yesterday so there's no waiting for April numbers.
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03-19-2020, 08:58 AM | #12 | |
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03-19-2020, 09:32 AM | #13 | ||
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03-19-2020, 10:14 AM | #14 |
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My M340i is at the port in Germany awaiting shipment and I changed PCD yesterday to have it sent to my dealership.....sold my M2 last month to pay for the new car so I hope it gets here.
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03-19-2020, 10:23 AM | #15 | |
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03-19-2020, 10:59 PM | #17 |
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when i picked up my car 2/28 last month when this was just starting (was an order so its not like I impulse bought it), I felt kind of bad after looking at my portfolio.
But a friend of mine was like, well you could die any day or get that virus, who knows and I was like yeah true that. |
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03-19-2020, 11:41 PM | #18 | ||
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03-19-2020, 11:43 PM | #19 | ||
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03-19-2020, 11:49 PM | #20 | |
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03-19-2020, 11:52 PM | #21 |
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This is where I'm at. My car won't arrive til end of April at the earliest but who knows where things will be by then. Work is solid for now but things could change if this keeps up too long. And if work goes under, it might not be wise to pick this up given everything as I'd have to take care of. Only time will tell. Hoping for the best.
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03-20-2020, 08:15 AM | #22 | ||
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We mostly work with UPS units and most people aren't familiar with them so it's hard to explain.
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