Who's on a Waiting List?

[Robert]

You can do ED on a M but they don't offer the same discount.

[dmboone25]

Originally Posted by Robert

You can do ED on a M but they don't offer the same discount.

Really? I didn't know that....

What about the BMW CCA discount? Is that a no go as well?

[ChrisK]

Originally Posted by Robert

You can do ED on a M but they don't offer the same discount.

Yes, but if memory serves me - you couldn't do ED when the latest M3 originally came out. That's my only worry.

[GotM]

Originally Posted by dmboone25

I didn't realize that folks paid more than sticker, ever. I have never seen my dealer slap extra amounts onto ///M cars, but then again, they usually don't have more than 1 or 2 on their lot.

I just asked the sales manager at my dealer to put me on the list--apparently I am first. He didn't even ask for a deposit.....

I am fairly certain folks were paying several thousand more than invoice on the E46 M3s when they came out. Sadly, I think folks even paid upwards of 65K on some. I think it comes down to supply and demand. I suppose that all dealerships may not take advantage like this, but I know around here they did. The same thing happend on the Z8s.

[Robert]

Originally Posted by dmboone25

I didn't realize that folks paid more than sticker, ever. I have never seen my dealer slap extra amounts onto ///M cars, but then again, they usually don't have more than 1 or 2 on their lot.

I just asked the sales manager at my dealer to put me on the list--apparently I am first. He didn't even ask for a deposit.....

Originally Posted by dmboone25

Really? I didn't know that....

What about the BMW CCA discount? Is that a no go as well?

Here are two great resources on ED:

http://www.edbmw.com/main/eded.html

http://www.bimmerfest.com/wiki/index...opean_Delivery

You can save even more money by signing up with BMWCCA. A 12-months membership will cost you only $40, but the BMW Car Club of American (BMW CCA) offers a rebate to members of the car club after one year of membership. The rebate ranges from $500 to $1500 depending on the BMW model you have purchased.

Historically there's no discount offered on the M and if my memory serves me right it's because for non-M models the ED sales come out side of dealer's pre-allocated annual quota from factory but because M is limited in production, it will have to come from dealer's quota. Thereby there's no incentive for US dealer to offer a discount when they can sell it for retail.

BUT BUT BUT

I just found this. There's a new program on the M as well

http://www.m3post.com/forums/showthread.php?t=229917

[Sephiroth]

Well guys I spoke with my local dealership. They don't have a list yet but when they do I'm gonna be the first one on it.

[Haywood]

Originally Posted by Yearofthe1

BMW of Fairfax



$500

I had a bad experience at Fairfax. The sales guy was a cocky douche and would only quote me MSRP. I laughed and told him that you're not the only dealer in the area. His response: well, it is a BMW. He also wouldn't let me take the car or the 335 out on my own. I had a great experience at Passport BMW.

[HondaGoneRogue]

If it releases at the right time, I will be getting mine through the military sales program. Tax free and about 7k off of MSRP. That's the deal I got in my current 1er anyway. And I will be doing Euro delivery as well. Anyone need a Ring navigator?

[HondaGoneRogue]

That is, if I can sell my current 1er in time.

[penny]

Do you guys negotiate price during deposit or when your car is ordered?

[ChrisK]

Originally Posted by penny

Do you guys negotiate price during deposit or when your car is ordered?

I doubt any dealer with negotiate on the M1.

[penny]

The 135 was my first car purchase and at MSRP (after driving a old Camry for years). Probably the dumbest thing I've ever done after seeing some of you guys getting it little over invoice (but boy do I enjoy

Putting my name on the waiting list when the 135i first came out didn't help either with the negotiation process. I'm definitely doing things differently next time around.

Let me ask you guys this. If you put a deposit down to be on a waiting list for ANY car, you're pretty much expecting to pay MSRP or more. Is this correct?

[luv135i]

Originally Posted by penny

The 135 was my first car purchase and at MSRP (after driving a old Camry for years). Probably the dumbest thing I've ever done after seeing some of you guys getting it little over invoice (but boy do I enjoy the ride!).

Had no help from friends and family. Putting my name on the waiting list when the 135i first came out didn't help either with the negotiation process. I'm definitely doing things differently next time around.

Let me ask you guys this. If you put a deposit down to be on a waiting list for ANY car, you're pretty much expecting to pay MSRP or more. Is this correct?

To be one of the first to own a new model, I would be prepared to pay MSRP and maybe slightly over depending on how the dealer is in your area.

[mapezzul]

Many of you are making great points about not needing to get on a list- except there is a huge reason to: limited production. This car will have a shortened production run and it will be very limited in numbers. From numerous sources this car will be more like the MINI GP edition than any other previous BMW offering with a run of well less than 1000 units.

So for those thinking they are going to be able to get it via ED or for a song, I do not think that is going to happen. ED may get some production slots but I would imagine (much like the initial 6er and 1er launch in the US) there will be few and far between as BMW will capitalize as much as possible on this vehicle. It will be last hurrah of the current 1 series and the introduction of a very limited performance vehicle. This car like the GTS will be sold to the locales that are willing to pay to play, they sold 150 GTS cars so a sub $50k 1M is not that hard to imagine selling 750 units. You can ponder all you want but just remember you were warned (since last August).

If you are serious about wanting one you really should get your name on the list at a few dealers as not all with get allocation on this car from SOP.

[tkbr0wn]

Originally Posted by ChrisK

I doubt any dealer with negotiate on the M1.

Mine did, I paid $500 deposit and got a price under MSRP.

[HERR FSTIR]

Originally Posted by mapezzul

From numerous sources this car will be more like the MINI GP edition than any other previous BMW offering with a run of well less than 1000 units.

If the production numbers are really that low then what is the point? Part of the reasoning for this car is to introduce a younger demographic to the M brand (by actually owning the car and not simply by seeing it in a magazine). Another reason for the car is to reaffirm the heritage of the M brand.

If they keep the number of units to 1000 then I for one will view this as just a marketing gimmick and not a genuine attempt to rejuvenate the M brand.

[mapezzul]

Originally Posted by HERR FSTIR

If the production numbers are really that low then what is the point? Part of the reasoning for this car is to introduce a younger demographic to the M brand (by actually owning the car and not simply by seeing it in a magazine). Another reason for the car is to reaffirm the heritage of the M brand.

If they keep the number of units to 1000 then I for one will view this as just a marketing gimmick and not a genuine attempt to rejuvenate the M brand.

BMW sells about 12,000 1 Series cars a year in the US. The 1M will have less than a year run and do you really think that more than 10% of 1 Series buyers would opt for the ///M version with a $45-50K price tag? It is highly doubtful.

Only people that truly want performance will want the 1M as for the same price you could get into a 3er and the vast majority of buying public will do that. BMW learned from the Z4 ///M and will not be over producing this car, they rather get full value and sell less than have to give them away.

This car is going to be special and at almost $20k less than an ///M3 coupe it is going to bring in a different buyer, younger more performance oriented than the luxury/exclusivity buyer the majority of ///M3 buyers have become. The reaffirmation of the ///M brand is not going to happen overnight with one product, and if you have not noticed BMW is winning in the ///M3- that is all the reaffirmation needed as the ///M3 is cheaper than a Ferrari/Porsche and it beats it on the track. What the ///M boss was saying is that they want to build cars that have more feeling, that are smaller and that are not as luxurious and the 1M will be a product that tests those waters.

Affordable and cheap do not mean the same thing and people really must get that concept- look at how much a Lancer Evo, Suburu STi cost; they are not cheap and they are not BMWs but have a young demo. So to think an ///M product would cost less than those is a bit silly.

Things with the 1M have never changed since the project was green lighted, everything is still going to be on the same level. When pricing and all that is announced the majority of people will see it as a good value and that it is now within reach of a younger more mainstream buyer- not a cheap product for the masses, this is not a GTI.

[ChrisK]

Originally Posted by tkbr0wn

Mine did, I paid $500 deposit and got a price under MSRP.

Not to be an A$$, but your dealer doesn't know what MSRP is.

Did they just give you $500 off MSRP? Whatever MSRP may be...

[tkbr0wn]

Originally Posted by ChrisK

Not to be an A$$, but your dealer doesn't know what MSRP is.

Did they just give you $500 off MSRP? Whatever MSRP may be...

Yes, I negotiated a fixed amount under whatever the MSRP is of the car I configure. ( more than $500 though )

[ChrisK]

Originally Posted by tkbr0wn

Yes, I negotiated a fixed amount under whatever the MSRP is of the car I configure. ( more than $500 though )

That's excellent. No dealer in Illinois would ever give a discount on a car like the M1. Initially.

[gonerogue]

Who knows, maybe it'll end up like the Z4M and not sell well, leading to massive discounts to get them off the lot. I doubt that will happen, though.

[HERR FSTIR]

Originally Posted by mapezzul

BMW sells about 12,000 1 Series cars a year in the US...the majority of people will see it as a good value and that it is now within reach of a younger more mainstream buyer- not a cheap product for the masses, this is not a GTI.

I agree with much of what you say. However, I remain concerned that if too few units are produced for North American consumption, then the car will be virtually unavailable to a lot of people who would like to purchase it. If the demand overwhelms the supply then we will see large dealer mark ups and very limited allocations.

In my opinion, this scenario runs contrary to the idea of bringing new customers into the ///M fold and would be very unfortunate, for both BMW and for us loyal BMW customers.

1000 units seems pretty low over a 1-2 year production cycle; however, I don't pretend to understand the marketing and business side of producing cars. I just hope BMW doesn't get too carried away keeping the M1 a super limited production offering.