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      07-21-2011, 12:19 PM   #221
LOVEM
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Z Cp M3..
Thank You So So So Much For The Lead.
I Just Placed A Deposit On The Car.

Hopefully They Get Alloted For 1m Soon.
Cheers.
Sincerely.
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      07-21-2011, 12:21 PM   #222
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$2500.00 OVER MSRP OR $5000.00 OVER EURO MSRP FOR EURO DELIVERY. 2 ALLLOCATION OCT/NOV BUILT... ACT FAST ACT FAST OR REGRET LA8ER......

okay here is the good news for 1m lovers.
there are two allocations which u can get from akron contact person is
Neal Levy
Sales & Leasing Specialist
nlevy@driveclassic.com
Store: (440) 585-9910
Cell: (330) 352-2141
CLASSIC BMW / MINI
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      07-21-2011, 12:23 PM   #223
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Quote:
Originally Posted by LOVEM View Post
$2500.00 OVER MSRP OR $5000.00 OVER EURO MSRP FOR EURO DELIVERY. 2 ALLLOCATION OCT/NOV BUILT... ACT FAST ACT FAST OR REGRET LA8ER......

okay here is the good news for 1m lovers.
there are two allocations which u can get from akron contact person is
Neal Levy
Sales & Leasing Specialist
nlevy@driveclassic.com
Store: (440) 585-9910
Cell: (330) 352-2141
CLASSIC BMW / MINI
Nope. Only 1 available and it's already ordered so no chance to configure. It's black.
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      07-21-2011, 01:22 PM   #224
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Ah...yeah right...let me jump on that offer.

Quote:
Originally Posted by LOVEM View Post
$2500.00 OVER MSRP OR $5000.00 OVER EURO MSRP FOR EURO DELIVERY. 2 ALLLOCATION OCT/NOV BUILT... ACT FAST ACT FAST OR REGRET LA8ER......

okay here is the good news for 1m lovers.
there are two allocations which u can get from akron contact person is
Neal Levy
Sales & Leasing Specialist
nlevy@driveclassic.com
Store: (440) 585-9910
Cell: (330) 352-2141
CLASSIC BMW / MINI
Screw drive classic! I'm sorry for saying it; but I would never buy from them...they made a lasting impression on me. They were increadibly rude when I talked with them. I almost went to a Lotus dealer to buy a Lotus Exige S instead because their used cars sales manager was so brass. As he stated bluntly; "we're the only one in the county that has one of these cars". Ahhhh, FALSE. I got my P2/111 car right after I got off the phone with them. What makes classic think that they're so special? As the Sale Manager told me; "because the VP of BMW came in and liked what we were doing here. He really liked our showroom." I guess that "entitles" them to markup the price. "Screw you customer...that will be an extra $2,500 please." I wish people REFUSED to pay markups!!! I guess when you have a business located in a thriving area such as Cleveland, OH...you need to bleed out every penny you can. (This is coming from someone that was born/raised in Cleveland.)

Don't get me wrong...I'm not hating on Cleveland (GO TRIBE), but I will absolutely hate on Classic BMW and their silly markup games. :

AND JUST TO CLARIFY...I'M TALKING ABOUT CLASSIC OF CLEVELAND; NOT AKRON. Same dealer family as far as I'm concerned...but I wanted to be clear.
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      07-21-2011, 01:24 PM   #225
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Originally Posted by simple_simon View Post
Nope. Only 1 available and it's already ordered so no chance to configure. It's black.
Just another "Classic" lie.
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      07-21-2011, 01:58 PM   #226
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Originally Posted by NEWDL View Post
It is true that we are charging a $2,500 over MSRP market adjustment on a US delivery and Euro MSRP plus $5,000 for ED. I am sorry that you disagree with our pricing, but it does remain just the same.

Good luck. We can agree to disagree. It's still a rip off in my opinion when you have competitors down the road that sell at MSRP. It's $2,500 towards absolutely nothing but your pockets. It hurts financing. It forces someone to be closer to upside down on a car in a less-than-stellar economy. No sense in even trying to convince me of otherwise. Make no mistake, you'll get someone to buy your car. Doesn't mean it's right. If BMW set the price, then you go in and say "ah-ha! I see an opportunity to make more money, just because I can".

Next time your sales manager tells me that "everyone is marking these cars up"...he better back it up. I got mine for MSRP, and I hope your car sits. (Sorry for being blunt).
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      07-21-2011, 02:27 PM   #227
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Originally Posted by NEWDL View Post
It is true that we are charging a $2,500 over MSRP market adjustment on a US delivery and Euro MSRP plus $5,000 for ED. I am sorry that you disagree with our pricing, but it does remain just the same.
A "market adjustment" says a lot about the character, or lack therof, of the dealers/salespeople doing it, in my opinion.
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      07-21-2011, 02:51 PM   #228
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I'd only have a major problem with a dealer's "market adjustment" if it screwed a customer who had earlier put down a deposit with an understanding/expectation/agreement they'd get the car at MSRP. If they're open allocations with no deposits, then it's less of an issue to me, but I do understand why others think it stinks.
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      07-21-2011, 03:07 PM   #229
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Originally Posted by NEWDL View Post
We have two promised allocation spots that are currently at this moment both available. Both of them are priced at the afore mentioned pricing and require a non-refundable deposit.
Why is the deposit non-refundable? Most other dealers I've talked with all have refundable deposits. What if an allocation never comes through and the car is not built?
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      07-21-2011, 03:27 PM   #230
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Quote:
Originally Posted by FairfaxM3 View Post
A "market adjustment" says a lot about the character, or lack therof, of the dealers/salespeople doing it, in my opinion.
Agreed in terms of the dealer. Don't shoot the messenger.

That being said, a dealer can charge what they want and the market will dictate if it's fair. It doesn't force anyone to be closer to upside down. Those who would willingly commit to that are lacking in brainpower, willpower, and/or maturity.

I understand everyone's frustration but let's put this in perspective. The 1M is still a $50k car and a luxury item. It's not like the guy is holding food hostage so you can't feed your kid.
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      07-21-2011, 03:41 PM   #231
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Quote:
Originally Posted by steve457 View Post
Why is the deposit non-refundable? Most other dealers I've talked with all have refundable deposits. What if an allocation never comes through and the car is not built?
I agree with steve457; non-refundable deposits are a horrible tactic; a Classic move. I'm not being unprofessional. I'm being a consumer. A "blah blah blah" (insert: market adjustment, markup, etc. - whatever you want to call it) is just a crafty term for "dealer makes more money". You're asking someone to eat the deposit if their life circumstances change (maybe lost a job, etc), and if they continue...they're forced to be upside down on a loan/car for being a loyal consumer to your dealer. I'm sorry, I just don't agree with your crafty verbiage or sales tactics at all. Your sales manager called it a "premium price" btw. Another "blah blah blah" statement. You guys should sync up, because I like your "blah blah blah" version better...it's more crafty!

And as for me being unprofessional...it's not my job to sell cars. I would only expect you to be professional in a car forum where your asking people for "market adjustments" and "non-refundable deposits".

I feel you chose the wrong place to advertise your "market adjustment".

And BTW...I totally agree that if someone is willing to PAY that amount, than the deal is fine. Dealers feed off this though, right!? If they KNEW that people would tell them to shove the increase..and the car sat on the lot for months...dealers would lower that adjustment. The REAL power goes to the consumer, but everyone has a different idea of what a "deal" is. Then there are people with money to blow, and don't care. I'm just not one of those people.

Last edited by v1k0d3n; 07-21-2011 at 03:50 PM..
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      07-21-2011, 03:45 PM   #232
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Quote:
Originally Posted by ZCP M3 View Post
Agreed in terms of the dealer. Don't shoot the messenger.

That being said, a dealer can charge what they want and the market will dictate if it's fair. It doesn't force anyone to be closer to upside down. Those who would willingly commit to that are lacking in brainpower, willpower, and/or maturity.

I understand everyone's frustration but let's put this in perspective. The 1M is still a $50k car and a luxury item. It's not like the guy is holding food hostage so you can't feed your kid.
Gotta agree. I also feel like the dealer isn't completely to blame. The customers willing to pay over MSRP are also supporting the trend.

It's ridiculous to think that someone would sell something for below what the market dictates.
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      07-21-2011, 04:06 PM   #233
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Quote:
Originally Posted by steve457 View Post
Why is the deposit non-refundable? Most other dealers I've talked with all have refundable deposits. What if an allocation never comes through and the car is not built?

An allocation **is** a build slot. Keep in mind that allocations may be for a future build date, but it WILL be filled. I have seen dealers ask for as much as 5K desposit non refundable for an allocation. The only way the buyer would not get a vehicle is if the buyer cancels the order.. hence the non refundable part. Still.. 5K is steep.. but shows that the buyer is committed. In the case of the 1M.. A large deposit isnt really needed.. because the dealer risk of not selling the car is approaching zero at this point.. even if the car was spec'd and built and the order canceled after the car goes to production... it's not like the car won't sell to another buyer in line. We have seen LOADED cars that are used with a few hundred miles on them go back up for sale at or in some cases above MSRP.


Quote:
Originally Posted by NEWDL View Post

My deposits are non-refundable. I am special ordering you a very rare car with your preferred specs. If for any reason the order could not be fulfilled then I would refund the deposit in full. I also would not take a deposit on a vehicle that I was not extremely confident I could deliver.



This will be my last post. I once again would like to thank those interested for allowing me the opportunity to explain a few details and get my information out there.

We can only hope this is your last post.. Charging a markup over MSRP, and then saying that the car would
be difficult to sell once built, if the buyer backed out, are two statements that don't agree with each other.

Last edited by M3 Adjuster; 07-21-2011 at 04:20 PM..
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      07-21-2011, 04:12 PM   #234
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this gives me flashback of the time when I got my GTR in 2008, all local dealers wanted 10K or more in "market adjustment" put down a deposit in March of 08 for a 2009 GTR with no clue when it'll arrive, then got a hint from a gtr forum member on a similiar thread like this here, drove 2hrs to that dealer put a deposit for msrp and my car came in Nov 08 which is 2 months earlier than my local Nissan dealer which still demand $10,000 market adjustment.
This is a great thread which will benefit a lot of members here, I've been trying to reach other dealers so I will post here if I find something good
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      07-21-2011, 04:33 PM   #235
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Quote:
Originally Posted by M3 Adjuster View Post
Charging a markup over MSRP, and then saying that the car would be difficult to sell once built, if the buyer backed out, are two statements that don't agree with each other.
That not what he said. He said the deposit IS refundable if he couldn't deliver the car, but that once your order is placed and the car is delivered, you're committed. Makes sense to me.

My dealer said my deposit is fully refundable until I get a confirmed allocation and production number and the order is accepted by BMW. Once accepted, it becomes non-refundable. I have no problem with that.
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      07-21-2011, 04:56 PM   #236
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Grabbed one - don't give up

Happy to say I found one!

I have a deposit ($2k) down on an allocation to be built in week 36, so I get to spec it (black, heated seats, nothing else. Dearlership I'd contacted before had a buyer back out and they did not have a wait list when I called only a few days ago so I was the first call (only dealer I've talked to that didn't). I did agree to $1k over MSRP (he had been asking for $2k) but worth it. If they keep the numbers so limited and do not build any 2012 1Ms then it should hold its value at least as well as any other BMW, hopefully better.

BTW, the lead on Flemington BMW didn't pan out. Bill Hinton the salesman was very nice but . . . he had me next on HIS list but he hadn't realized that each salesman at his dealership was keeping a list, so his 'next' was not really next. Others had deposits down and took the spot. Luckily I had my other find so I'm okay. I was hoping to be able to pass on a good lead to someone on this board but that's not it.

If I found a car at close to MSRP, others can too. Just keep calling dealers and being patient. I think the small market dealers are the best to look at now; the big markets have such deep waiting lists the chances seem small there. Good luck all!
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      07-21-2011, 05:08 PM   #237
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Quote:
Originally Posted by texone View Post
Happy to say I found one!

I have a deposit ($2k) down on an allocation to be built in week 36, so I get to spec it (black, heated seats, nothing else. Dearlership I'd contacted before had a buyer back out and they did not have a wait list when I called only a few days ago so I was the first call (only dealer I've talked to that didn't). I did agree to $1k over MSRP (he had been asking for $2k) but worth it. If they keep the numbers so limited and do not build any 2012 1Ms then it should hold its value at least as well as any other BMW, hopefully better.

BTW, the lead on Flemington BMW didn't pan out. Bill Hinton the salesman was very nice but . . . he had me next on HIS list but he hadn't realized that each salesman at his dealership was keeping a list, so his 'next' was not really next. Others had deposits down and took the spot. Luckily I had my other find so I'm okay. I was hoping to be able to pass on a good lead to someone on this board but that's not it.

If I found a car at close to MSRP, others can too. Just keep calling dealers and being patient. I think the small market dealers are the best to look at now; the big markets have such deep waiting lists the chances seem small there. Good luck all!
Congrats... Bill was a great guy to work with.
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      07-21-2011, 05:38 PM   #238
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congratulations TEXONE.
I FOUND MINE AT M.S.R.P.
FROM THE LEAD OF Z CP M3..
I WILL PROBABLY DO AN EURO DEL. FROM TEXAS. ANY PLANS. TO GO TO BAVARIA IN 2 1 MS. FROM LONE STAR STATE.
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      07-21-2011, 05:40 PM   #239
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Quote:
Originally Posted by 1978.530i View Post
That not what he said. He said the deposit IS refundable if he couldn't deliver the car, but that once your order is placed and the car is delivered, you're committed. Makes sense to me.

My dealer said my deposit is fully refundable until I get a confirmed allocation and production number and the order is accepted by BMW. Once accepted, it becomes non-refundable. I have no problem with that.

1978...

Actually.. that IS what he said.. the text **as written** says the deposit is nonrefundable.



Quote:
Originally Posted by NEWDL View Post

My deposits are non-refundable.

I agree with you .. he then goes on to say that it MAY be refunded in certain circumstances (which means that the deposit IS refundable... and therefore he should not have stated that it is nonrefundable)

Semantics aside... my statement is still correct. As someone else mentioned.. in the instance of a life issue, or some other extenuating circumstance, if the customer were to cancel the order, if the car is in such demand to justify a " market adjustment" then it is also still going to be in demand such that the vehicle will still sell once delivered, and we have clear evidence of this already. It's not like we are talking about an order via BMW Individual for a 128 convertible painted pink with green leather seats that would have to be discounted way under MSRP to get it off the lot.

MANY dealers are handling their deposits as yours... Deposit is not refundable if the order is cancelled after production. I agree.. I perfectly accept and understand that... it's the same terms I have agreed to... but my dealer ALSO isn't charging me over MSRP.

Last edited by M3 Adjuster; 07-21-2011 at 06:02 PM..
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      07-21-2011, 05:41 PM   #240
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What A Positive And Productive Experience From This Thread.
Results Nothing But Best Results.
Lovem
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      07-21-2011, 06:06 PM   #241
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Quote:
Originally Posted by LOVEM View Post
What A Positive And Productive Experience From This Thread.
Results Nothing But Best Results.
Lovem

Absolutely! the 1M is proving to be hard to obtain, but not impossible.

There have been 2-3 people that have under 20 posts that have found an allocation this week.
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      07-21-2011, 06:16 PM   #242
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New To All This Forum Thingy.....
you can EDIT your previous posts (if posting from a computer and not a cel phone app) so no need to make an individual post for each reply.
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