Price Increase Jan 1 2009

[riguy]

BMW has announced price increased across the board of .7%. Bummer, but can understand the need. Will this affect cars that are on order with committed deals in place (ie. deposit down, car waiting to ship)?

[AtomiK]

Where did you find out this information?

[riguy]

Bimmerfile

http://www.bimmerfile.com/2008/12/23...s-for-january/

[RWD4Life]

"Sold in the US effective January 1st 2009" is not clear enough to me.
For instance, I've ordered my car 2 weeks ago (it is on production), gave a deposit and agreed on the sale price. Does it mean that I'll have to deal with that price increase?
As far as I'm concerned that's the dealer's problem...
What do you guys think?

[amsfoto]

Originally Posted by axoo07

As far as I'm concerned that's the dealer's problem...
What do you guys think?

I wouldn't even worry about it...if the dealer mentions it then back out of the deal. What are they gonna do, enforce it after you already agreed on a price and ordered the car?

Just don't let them push you around like so many people, you are purchasing the car, and they should be catering to you.

Worst case scenario, you pay $315 more for a $45,000 car.

[RWD4Life]

Originally Posted by amsfoto

I wouldn't even worry about it...if the dealer mentions it then back out of the deal. What are they gonna do, enforce it after you already agreed on a price and ordered the car?

Just don't let them push you around like so many people, you are purchasing the car, and they should be catering to you.

Worst case scenario, you pay $315 more for a $45,000 car.

I totally agree. Thanks for the insights, but I've been the one pushing them around before I bought the car. Best weapon for a customer; threaten to walk away if you don't get what you want, especially during these hard times...
That's sad, but worked out pretty well for me and got $200 over invoice!

[syenisch]

I'm negotiating right now and multiple dealers have told me they're glad I am ordering before Jan 1 so I don't have to pay the price increase.

[riguy]

I guess we'll see. My car is awaiting a boat now and should be here in 3 weeks or so. I was reading some old posts on previous price increases. That indicated BMW said any car ordered roughly 1 month prior to the date the increase went into effect did not have to pay the increase.

[Xyloft]

if you've already commited on a price, i'm pretty sure you wouldnt have to pay. if they change the terms of the deal, you can walk away.

i mean... if you couldnt walk away from an order like that, they would ALWAYS raise the price after you put the deposit down.

[dbtheo]

Price Protection
BMW will price protect all bona-fide retail orders, with a confirmed production number, of the affected models that are wholesaled to Centers on or after January 1, 2009 and delivered to customers by March 31, 2009. To ensure that these retail orders are protected, a Center must designate the vehicle in the ordering system as a sold vehicle, with a customer name by the close of business December 31, 2008.

[enigma135]

So if you do place an order before Jan. 1 for ED but can't get a date until say April are you not protected?

[riguy]

Wow, that's great. Thanks for the info, greatly appreciated!

[dbtheo]

Originally Posted by enigma135

So if you do place an order before Jan. 1 for ED but can't get a date until say April are you not protected?

In your case, I would just complete your paperwork by end of march. For others, I imagine we could get some sort of exception

[damills]

Originally Posted by amsfoto

I wouldn't even worry about it...if the dealer mentions it then back out of the deal. What are they gonna do, enforce it after you already agreed on a price and ordered the car?

Just don't let them push you around like so many people, you are purchasing the car, and they should be catering to you.

Worst case scenario, you pay $315 more for a $45,000 car.

Looks like its more like $825 across the board, see post on bimmerfile from above

[buckwheat986]

A price increase in this economy?

Good luck to them.

[Dodo]

Originally Posted by damills

Looks like its more like $825 across the board, see post on bimmerfile from above

I believe that you may be looking at the destination charge. That is if you where referencing the second column in the PDF on the Bimmerfile page.

[cagekicker]

$250 more on the MSRP!

[MOCKBA]

In this case no worry. Such increase can be negotiated to be shared with a dealer, so only extra $125. It is a price of floor mats.