|
Post Reply |
|
Thread Tools | Search this Thread |
02-12-2011, 02:18 PM | #45 | |
Lieutenant
21
Rep 436
Posts |
Quote:
2) You cant go throwing DCT into the argument on pricing value because the 1M doesnt offer it. If I werent so lazy, i'd list out the two cars optioned similarly with and w/o ED discounts. Any takers? I guess its a good problem we're debating - which M car to get! |
|
Appreciate
0
|
02-12-2011, 04:43 PM | #47 | |
Captain
69
Rep 658
Posts |
Quote:
I thought the ED discount was paid back to the dealer by AG? ED is supposed to build brand loyalty, not dealer loyalty, doesn't make sense why the dealer would pay out of pocket. Then again most cars for ED don't come out of dealer allocation |
|
Appreciate
0
|
02-12-2011, 05:37 PM | #48 |
Enlisted Member
2
Rep 43
Posts |
My understanding was that the ED discount was related to importing a used rather than new car, and reduced tariffs? Seems like that would be in effect regardless of dealer or ED allocations.
|
Appreciate
0
|
02-12-2011, 05:43 PM | #49 | |
Captain
119
Rep 771
Posts
Drives: LBB M2C, VO 1M, GSA 1200
Join Date: Sep 2007
Location: Frozen Tundra
iTrader: (0)
Garage List 2021 BMW X3M Compet ... [0.00]
2019 BMW S1000R [0.00] 2019 M2 Competition [0.00] 2018 BMW 1200 GSA [0.00] 2011 1M Coupe [9.75] |
Quote:
Pretty much the same info as reported on BMWblog.com and further indication that 1M deliveries will be drawn out of several months for early adopters. ED is probably going to be a tough deal since 1) dealers will not easily forego their own allocations & profit; 2) the month-to-month variation in production/allocations will make scheduling a trip to Europe a pain in the ass. While I remain enthusiastic about the 1M, I must say that BMW has done a pretty lame job of bringing this car to market. The pre-unveiling hype and misleading leaks, the goofy options which force you to choose both premium & convenience packages, and the inconsistent claim of offering an M for the masses which in truth is a limited production hard to get vehicle. They are fortunate that the car is sufficiently compelling to overcome their numerous marketing blunders. Last night I spent quite a bit of time on the porsche website building out various Cayman Rs and perusing the lists of used/CPO Caymans. They better hurry up get allocations and production dates assigned before the 2850 lb über Cayman becomes too seductive. |
|
Appreciate
0
|
02-12-2011, 05:54 PM | #50 | |
Captain
69
Rep 658
Posts |
Quote:
BMW created the European Delivery program to promote sales of its cars in the 1960s. Jonathan Spira wrote an excellent article about the European Delivery program and its history. Although all of BMW's reasons are proprietary corporate matters, one of the principal benefits it brings the company is customer loyalty. Many people who take delivery of a BMW in Europe won´t consider the purchase of a car in any other way. Many people ask why cars have a lower price when purchased through ED. The reason is that BMW and BMWNA sell cars through ED outside of the usual dealer incentive programs offered by BMWNA to its dealers. US BMW dealers receive incentive payments from BMW NA based on customer satisfaction, or "CSI" scores. Those scores, in conjunction with the number of cars sold, result in incentive payments. BMWs sold through the ED program do not increase a dealer's unit sales and are not subject to the CSI program. Because BMW NA does not pay out this incentive money, they are able to pass along those savings to you in the form of a reduced price on an ED car. The amount of the discount is approximately equal to the potential CSI money a dealer would receive on the sale of the same car through US delivery. The savings are not a result of different taxes or duties, as many people speculate. The duty on an imported car, whether new or used, is 2.5% of the declared value. In other words, duty makes up about $1000-$1500 of the price a 3-series BMW. Any reduction in value because it is used would not significantly change the amount of duty. Even a full exemption would not fully account for the price savings of ED. You also can save money through European Delivery because the price is more negotiable with many dealers. Cars sold through ED generally do not come out of the dealer's allocation--in the past M cars and newly introduced models where supply is limited (e.g. coupes and convertibles in 2007) have reduced a dealer's allocation. As a result, the dealer is selling an extra car, rather than one of his allocated cars that he could sell to someone else at MSRP, as is the case with US delivery. Not all dealers realize that ED cars are basically bonus sales. They may refuse to negotiate off of the ED MSRP price, or try to explain that there are extra costs associated with ED for the dealer (where there are none). Generally speaking, if your dealer says this, you should look for another dealer. It is routine to pay $500 to $1000 above Euro Delivery Wholesale Pricing, including various dealer fees. (Note that the "Training Service Fee" is not to be charged for ED.) In sum, this will save the purchaser approximately 10 percent off of US MSRP. Also, with ED cars that will be leased it is important to check the numbers and make sure that the residual value is based upon US MSRP not the Euro Delivery MSRP. I think I've posted this 3-4 times in the past 2 days. http://www.bimmerfest.com/wiki/index...opean_Delivery |
|
Appreciate
0
|
02-12-2011, 06:47 PM | #51 |
Captain
26
Rep 780
Posts |
I have my deposit in and still hope to do ED in early 2012. I'm standing pat for now, but this news makes me all kinds of nervous.
It's ironic that the 1M, ostensibly created to build new ///M fans, and ED, established to build brand loyalty, could combine to put a sour taste in our mouths if it ends up too hard to get and too hard to coordinate. |
Appreciate
0
|
02-12-2011, 08:37 PM | #52 |
Banned
866
Rep 6,248
Posts |
My CA told me today that I would pay ED MSRP for the base price of the car. Of course, we are assuming ED MSRP = US MSRP less 7 %. No way to confirm at this point, although I bet we will know on Feb 16th.
|
Appreciate
0
|
02-13-2011, 11:03 AM | #53 |
Enlisted Member
0
Rep 30
Posts |
I'm having a hard time understanding this statement. If you have the means, and want a Cayman, go get one.
|
Appreciate
0
|
02-13-2011, 12:55 PM | #54 | |
Captain
119
Rep 771
Posts
Drives: LBB M2C, VO 1M, GSA 1200
Join Date: Sep 2007
Location: Frozen Tundra
iTrader: (0)
Garage List 2021 BMW X3M Compet ... [0.00]
2019 BMW S1000R [0.00] 2019 M2 Competition [0.00] 2018 BMW 1200 GSA [0.00] 2011 1M Coupe [9.75] |
Quote:
Given my concerns, I would feel better about purchasing a CPO unit, but that would have to be a Cayman S and not an R (for the time being until pre-owned units become available). |
|
Appreciate
0
|
02-14-2011, 08:08 AM | #55 |
Colonel
378
Rep 2,588
Posts |
|
Appreciate
0
|
02-14-2011, 08:35 AM | #56 | |
Enlisted Member
0
Rep 30
Posts |
Quote:
|
|
Appreciate
0
|
02-14-2011, 09:22 AM | #57 |
CW2
27
Rep 440
Posts
Drives: 1SMC - traded away
Join Date: Sep 2010
Location: Pennsylvania
|
|
Appreciate
0
|
02-14-2011, 11:49 AM | #58 | |
Captain
26
Rep 780
Posts |
Quote:
|
|
Appreciate
0
|
02-14-2011, 01:47 PM | #59 |
CW2
27
Rep 440
Posts
Drives: 1SMC - traded away
Join Date: Sep 2010
Location: Pennsylvania
|
I don't need ED, so I guess I'm just happy if I get my 1SMC here at the dealer. Driving an hour is exotic enough for me. I have enough fam in the homeland to get some quality time driving over there (not to take away from the experience).
ED would be a nice way to get the car, but right now I'd be ecstatic if I can just get the car PERIOD. |
Appreciate
0
|
02-16-2011, 09:02 AM | #60 |
CW2
27
Rep 440
Posts
Drives: 1SMC - traded away
Join Date: Sep 2010
Location: Pennsylvania
|
So uhhhh, it's 10:00 Eastern time. Anyone get news about allocations yet?
|
Appreciate
0
|
02-16-2011, 09:24 AM | #61 |
Private First Class
57
Rep 168
Posts |
|
Appreciate
0
|
02-16-2011, 12:53 PM | #62 |
CW2
27
Rep 440
Posts
Drives: 1SMC - traded away
Join Date: Sep 2010
Location: Pennsylvania
|
Hmm.
Well, just got off the phone w/my dealer. They didn't get an allocation for the March production. 14 total allocations for the "2011" in the US thus far.
14... |
Appreciate
0
|
02-16-2011, 01:05 PM | #65 | |
Banned
866
Rep 6,248
Posts |
Quote:
I don't mind waiting, but I may have to end up considering the 335is if allocations are really this tight. |
|
Appreciate
0
|
02-16-2011, 01:16 PM | #66 |
Major
125
Rep 1,297
Posts |
|
Appreciate
0
|
Post Reply |
Bookmarks |
Thread Tools | Search this Thread |
|
|