View Poll Results: Will you take delivery of your BMW if there is a 25% tariff? | |||
Yes I will take delivery if there is a 25% tariff |
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4 | 10.00% |
No, I will cancel my delivery if there is a 25% tariff |
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32 | 80.00% |
I am not sure right now what I would do |
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4 | 10.00% |
Voters: 40. You may not vote on this poll |
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02-01-2025, 03:24 PM | #1 |
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Will you cancel your BMW order if a 25% tariff is levied on it & you have to eat it?
I ordered my BMW before Xmas and it is now in the production stage. Yesterday Trump announced he will be placing tariffs on the EU across the board. We don't know the amount or the date but based on what happened with Mexico and Canada this seems like a probable event soon.
I have an M4 Comp ordered and if there is a 25% tariff that will add over 25k to the cost of the car as BMW and the dealer will not be eating the tariff. Also, there will be no carve out for cars ordered before the tariff goes into effect it seems. If your car hits the port when the tariff is in effect it will jack up the price accordingly. I won't say what I plan on doing because I do not want to skew the vote at all. The question is if you have a BMW on order coming in from Germany and it gets hit with a tariff will you cancel the order and walk away from it or will you pay whatever the tariff is and take delivery? I'm curious what the consensus is from the BMW community here. |
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02-01-2025, 03:47 PM | #2 | |
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But most likely you will be responsible for this surcharge. Would anyone cancel the order? I’m lucky that I just bought one, 25’ model. But if I was in your position, I would not. It’s not been said by trump what percentage of increase, 25% is applicable to Canada and Mexico. It could be less for euro countries. Some may say, then I just cancel and find an existing allocation or a used one to avoid paying the tariff. Wrong, you might think the plan helps to escape paying tariff, however the increase in tariff usually drives existing market prices up as well. If a brand new 25’ model car from Germany is now 10% more expensive, why would anyone sell their existing 25’ or 24’ models at the previous going rate? What I would do is trying to locate an existing one somewhere in the country now if possible before the tariff is officially announced if you value $ over the perfection of your built. |
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02-01-2025, 04:03 PM | #3 | |
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For my order, I didn't sign an agreement or have to put a deposit down for my build. The dealer will have the same right I have where they can pull my order and sell to somebody else at a higher price if I don't want to pay the price change due to a tariff should it be levied before it hits the port. Typically MOST dealers regardless of the sales agreement that might say "no refund of deposit", will always give your deposit back after they sell the vehicle. So you might have to wait a bit for the refund unless you amended your agreement - or you could lose the deposit depending on how the particular dealer does business. I'm the opposite of you though I almost always order custom cars. It is rare something on the lot matches close enough to what my spec will end up being. I tend to order very heavy specs with nearly every option, if not all options available, so finding those models with my color combos is always a long shot. I won't say if I would or would not cancel until the poll results are in so I do not skew anyone's vote in either direction. |
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02-01-2025, 04:13 PM | #4 | |
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02-01-2025, 04:13 PM | #5 |
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I received and paid for my Z4 in June of 2024, but if it was a more recent purchase and still in transit and this actually came to pass, there's no chance I'd pay an additional 25%. It's barely a $75k car as it is, but I wanted it. It's absolutely not a $94k car under any circumstance, even if the Boxsters also went up in price as well.
Last edited by tracer bullet; 02-01-2025 at 04:37 PM.. |
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02-01-2025, 04:34 PM | #6 |
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Those that have some financial literacy will walk away from such increases in price due to a tariff. I get swallowing the increase if you're fully aware of the increase and make the conscious decision to still pay it.
But I see this as nothing more than those mark ups people were paying during Covid. Many of the mark ups were insane; some exceeding what is being projected here. So I do expect sales to possibly take a hit, I don't think it's going to be that bad as many people lose their minds when it comes to buying cars. |
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02-01-2025, 05:18 PM | #8 |
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Tariff won’t happen, or if it does, will quickly be negotiated to oblivion. This is Trump the businessman negotiating, and he doesn’t want to kill the economy either.
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02-01-2025, 05:51 PM | #9 | |
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However, even if it was a leverage to negotiate some deal, I would still expect car prices to increase a bit. There are many other components play their parts like raw materials, labor costs, logistics costs, when they go up, car prices will too regardless of tariff or not. Last edited by X5MnM3comp; 02-01-2025 at 05:56 PM.. |
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02-01-2025, 05:56 PM | #10 | |
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02-01-2025, 06:09 PM | #11 | |
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02-01-2025, 11:17 PM | #14 |
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I have not heard of any tariff directed at any EU country except Denmark.
That said, in an interview while the people are concerned with inflation. The administration is focused on immigration. As such, let the little people eat dust. |
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02-01-2025, 11:58 PM | #15 |
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02-02-2025, 07:55 AM | #16 |
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The goal is to get the EU to not leverage higher tariffs on American imports. It's BS that they tariff us at 10%[and we were only at 2.5% to them. Nice to have an actual leader again.
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02-02-2025, 08:46 AM | #18 |
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a tarriff does not go directly on the retail price of the product but rather the import cost... you would not see a 25% price increase... imho likely what would happen is maybe a 15% increase in cost of which BMW would perhaps have to cover 5%... so maybe a 10% increase in price... but none of us have any idea how BMW does accounting or what their import costs are... point being, you will never see a 25% increase in price related to this
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02-02-2025, 10:56 AM | #19 |
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Most new cars now are already ridiculously overpriced, loaded with bloat and things I don't need. Even thinking about adding another 25% on top of what we have right now is insane to think about.
If buying new, Tesla is becoming the only realistic option at this point. |
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02-02-2025, 11:50 AM | #20 | |
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Even if the end result were a 15-20% increase in price, that is a hefty tax increase. What could make matters worse is if there are reciprocal tariffs on our exports. That would hit multinational exports hard and hurt profits of many Dow and S&P companies, putting the hurt on people's perceived wealth, I.e. - 401Ks. You would then not to have to be buying anything to take a solid hit. Retirees would feel quite the pinch. People were pretty upset over inflation that never hit anywhere near those levels, and that was despite the stock market remaining positive. Drops in stock prices and sales is followed very quickly by companies shedding workers. We are at the point where idealism meets reality.
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Last edited by DrVenture; 02-02-2025 at 01:00 PM.. |
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02-02-2025, 11:51 AM | #21 | |
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It is not unrealistic to project 20% increase on many imports, a stock market correction, an upsurge in inflation and a return to higher interest rates. All for the greater good, ya know. Give the people what they want.
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Last edited by DrVenture; 02-02-2025 at 12:18 PM.. |
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02-02-2025, 12:23 PM | #22 | |
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