[P_Leotardo]

My dealer wanted to charge me $3k over MSRP but I get him down to $1500. He said they’re going for 3-6k over sticker in some cases in the current environment. Should I keep talking and go through w the order or walk?

[Bc2005]

When I ordered my M340i in March (from Fairfax BMW, Fairfax, VA) they were discounting them 8% off sticker price. Alexandria BMW offered a slight lower discount and was not as positive about when they had an allocation, so I ordered from Fairfax. Nobody was adding to MSRP unless it was an unusual model that was really hard to get.

In addition to the 8% off I also got a BMW incentive ($3k?) and .9% financing for 60 months.

I found it better to sell my old BMW through KBB or Vroom than it was to trade it in. You can shop for different KBB and Vroom offers over time if your trade-in date is flexible, but each offer is usually good for only 7 days. I ended up using KBB and selling it to a local Ford dealer.

[6oclockshadow]

Run, don't walk away, from that dealer.

[P_Leotardo]

Originally Posted by 6oclockshadow

Run, don't walk away, from that dealer.

Is there a reason? I mean lets be honest, its a pretty shitty time to be buying a car, new or used. Theres no inventory...

[springerdrive]

Originally Posted by 6oclockshadow

Run, don't walk away, from that dealer.

Originally Posted by P_Leotardo

Is there a reason? I mean lets be honest, its a pretty shitty time to be buying a car, new or used. Theres no inventory...

That dealer is trying to fleece you. It's not unusual to pay MSRP right now and try to get some incentive discounts, but not above MSRP. That dealer is trying to rob you.

[springerdrive]

Originally Posted by Bc2005

When I ordered my M340i in March (from Fairfax BMW, Fairfax, VA) they were discounting them 8% off sticker price. Alexandria BMW offered a slight lower discount and was not as positive about when they had an allocation, so I ordered from Fairfax. Nobody was adding to MSRP unless it was an unusual model that was really hard to get.

Good for you, but that was in March- 7 months ago, and irrelevant in today's environment. It's an entirely different scene right now. It's MSRP (and maybe some incentives) or nothing.

[P_Leotardo]

So theyre putting in the order this week. Should I wait until it comes time for delivery to tell them I want MSRP or I walk?

[springerdrive]

Originally Posted by P_Leotardo

So theyre putting in the order this week. Should I wait until it comes time for delivery to tell them I want MSRP or I walk?

Did you give them a deposit? Did they give you an invoice and a Vehicle Inquiry Report (VIR)? I suggest you get a fair price nailed down upfront (no more than MSRP and no B.S. add-ons that you don't want). They should also assure you that they'll pass on any incentives at the time of delivery.

Are there other BMW dealers in your area? This one you're dealing with seems pretty slimey.

[P_Leotardo]

Originally Posted by springerdrive

Did you give them a deposit? Did they give you an invoice and a Vehicle Inquiry Report (VIR)? I suggest you get a fair price nailed down upfront (no more than MSRP and no B.S. add-ons that you don't want). They should also assure you that they'll pass on any incentives at the time of delivery.

Are there other BMW dealers in your area? This one you're dealing with seems pretty slimey.

No no paperwork was signed, no deposit put down yet. I expressed my displeasure with the $3k markup and got them down to $1.5K markup. The salesman said he will send me paperwork today.

He made it seem like he is the only one in the area with an allocation with options that havent been removed, in my spec, to be delivered in the next 3 months.

ETA: the same salesman sold my wifes uncle an Alpina XB7 and her cousin a 74o so I thought there was some goodwill there...

[springerdrive]

Originally Posted by P_Leotardo

No no paperwork was signed, no deposit put down yet. I expressed my displeasure with the $3k markup and got them down to $1.5K markup. The salesman said he will send me paperwork today.

He made it seem like he is the only one in the area with an allocation with options that havent been removed, in my spec, to be delivered in the next 3 months.

This sounds somewhat sketchy to me. I would shop around and talk to some other dealers. Even the good ones are known to sling the BS. This one seems to be really dishing it. Trust your gut. What kind of vibe do you get from these people? I haven't heard of anyone paying more than MSRP. Do you want to be the first?

[P_Leotardo]

Originally Posted by springerdrive

This sounds somewhat sketchy to me. I would shop around and talk to some other dealers. Even the good ones are known to sling the BS. This one seems to be really dishing it. Trust your gut. What kind of vibe do you get from these people? I haven't heard of anyone paying more than MSRP. Do you want to be the first?

Haha good point. I get a pretty good vibe from this guy but then again, hes a car salesman.

[trife.]

Get a broker. There are a some still getting discounts on the Leasehackr forums. Well worth the broker fee to not have to deal with car salesmen.

[jg4c]

Originally Posted by P_Leotardo

My dealer wanted to charge me $3k over MSRP but I get him down to $1500. He said they’re going for 3-6k over sticker in some cases in the current environment. Should I keep talking and go through w the order or walk?

Just curious, which dealer in NJ?

[renig]

Local dealer here in FL currently has cars marked up $2500 to $7000 over MSRP. Not sure if people are paying that but thats what they're now asking. Didn't pay that when I ordered mine.

[r3dbimmer89]

I got a discount on my M340i in SoCal in this crazy market and the mark-up game here is usually far more crazy than the East Coast. I would definitely shop around and check TrueCar....they seem to be pretty reasonable on what to expect in your local market.

[mhannis]

Would suggest looking out of state. I'm right next door to NJ in PA. I shopped over there and no one was willing to deal. There is literally zero inventory after the IDA flooding. Ended up getting a 22 M340xi for a decent bit under MSRP shipped from Bill Jacobs BMW outside of Chicago. Another option would be BMW of Reading in PA. Shoot me a PM if you want to know any of the contacts of folks I worked with at those dealers.

[Flippco]

Originally Posted by mhannis

Would suggest looking out of state. I'm right next door to NJ in PA. I shopped over there and no one was willing to deal. There is literally zero inventory after the IDA flooding. Ended up getting a 22 M340xi for a decent bit under MSRP shipped from Bill Jacobs BMW outside of Chicago. Another option would be BMW of Reading in PA. Shoot me a PM if you want to know any of the contacts of folks I worked with at those dealers.

How was working with Bill Jacobs BMW? I usually see a few M340s on Cars.com from there, they must do decent volume.

I’m in Minneapolis and looking to place an order after the first of the year and would rule out a quick trip to Chicago…

[mhannis]

Originally Posted by Flippco

How was working with Bill Jacobs BMW? I usually see a few M340s on Cars.com from there, they must do decent volume.

I’m in Minneapolis and looking to place an order after the first of the year and would rule out a quick trip to Chicago…

I had an excellent experience. Took roughly 2 weeks total from engagement to car in driveway. When I called them I didn't honestly expect much. I told the SA which car I wanted and what I wanted to pay. He said he would check and call me back. 20 mins later he called back and confirmed they could do the deal. Paperwork was pretty typical. They sent a notary to our house to do the final paperwork. Also, had to arrange the trailer myself but they recommended the company they normally use. Absolutely, would go this route again. In a perfect world I would have got locally but this really worked out well.

[Flippco]

Originally Posted by mhannis

I had an excellent experience. Took roughly 2 weeks total from engagement to car in driveway. When I called them I didn't honestly expect much. I told the SA which car I wanted and what I wanted to pay. He said he would check and call me back. 20 mins later he called back and confirmed they could do the deal. Paperwork was pretty typical. They sent a notary to our house to do the final paperwork. Also, had to arrange the trailer myself but they recommended the company they normally use. Absolutely, would go this route again. In a perfect world I would have got locally but this really worked out well.

Sounds great! Mind if I reach out to you when I’m ready to pull the trigger? Hopefully by then the adaptive suspension will be available again!

[mhannis]

Originally Posted by Flippco

Sounds great! Mind if I reach out to you when I’m ready to pull the trigger? Hopefully by then the adaptive suspension will be available again!

Absolutely, shoot me a PM when ready and I can share more details.

[RigaTony1982]

Originally Posted by Flippco

How was working with Bill Jacobs BMW? I usually see a few M340s on Cars.com from there, they must do decent volume.

I’m in Minneapolis and looking to place an order after the first of the year and would rule out a quick trip to Chicago…

My wife bought her X1 at Bill Jacobs. I would 100% recommend them. One of the easiest car buying experiences I have had. I would have gotten my car from them too had I not been set on Sunset Orange, which they didn’t have any of.

[tonymac1]

bill jacobs is great, bought two cars there and will probably get our 3rd one there soon