12-27-2024, 05:11 PM | #1 |
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Price Markups (Over MSRP)
Is anyone paying over MSRP for this car (sedan)? Is that the norm? I'm in SoCal and the dealers I've talked to are asking for 15-20k over msrp, and I'm wondering if that's all smoke...
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12-27-2024, 06:04 PM | #3 |
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I live in La La Land and yes many dealers here are asking over list. Go shop elsewhere and get your Beast.
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12-27-2024, 06:11 PM | #4 |
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Go somewhere like Cars.com and look for M5 listing that have real pictures of the vehicle taken at the dealership. This are likely at the dealer and available for sale. I bet you can find an in stock one under MSRP without too much effort.
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12-27-2024, 06:16 PM | #5 |
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I wouldn't buy the sedan unless it's discounted at least 5% under sticker, but probably closer to 8%. BMW forum aside, the car has low demand, is already discounted across the US, and is about to become a depreciation grenade. If I were you I'd be really aggressive calling out of town dealers with cars in inventory over the next few days as they are all highly motivated to make numbers before year's end. Use cargurus or other sites and find the cars with real pics, they're usually the ones sitting unsold in dealer lots. There's a LOT of them.
The wagon might be a different story as it seems most folks who are in on this car favor it, but time will tell on that one too.
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12-27-2024, 06:25 PM | #6 | |
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Perhaps the most standout thing about this car is it's very competitive starting price vs it's market rivals and that's not usually the makings of a depreciation bomb but I admit I'm not a car market guru |
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12-27-2024, 06:38 PM | #7 | |
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The source is current supply and demand, and deals that I and others I know have been offered on the sedan, and all of automotive history including previous M5s. When a car, especially one this iconic gets launched and is sitting in these numbers across dealer lots within less than a couple of months of launch it never gets better, short of a pandemic. I'm sorry if that's unpleasant to hear, it's not personal. I've ordered the wagon and I fully expect to take a bath on it, but that doesn't mean that I won't pay as little as I can on it or share with others what reality and likely future looks like so they can do likewise.
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12-27-2024, 06:56 PM | #8 | |
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12-27-2024, 07:27 PM | #9 | |
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This car got caught in a pretty big viral hate train for awhile but you can already see it turning around as people come to their senses. Also edmunds has 13 listings total in all of Florida, most of which are "arriving soon" and only 2 have actual pictures and FL is one of BMW's biggest markets in the U.S. soo yeah I dunno. |
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12-27-2024, 07:38 PM | #10 |
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I'm pretty relaxed.
The only other upcoming car that's somewhat interesting to me enough to cross shop is the Defender Octa, which funnily enough has a BMW engine as well. I have my name on my dealer's first Edition One but every time I say the the words $175k Defender out loud I want to punch myself in the nuts, especially when they did nothing special with the interior, so I'm 99% gonna go with the Touring. Anyway, I'm sure the OP can find a good deal on a G90 with a little legwork.
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12-27-2024, 08:14 PM | #11 | |
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I called the dealer you initially recommended and they wouldn't come off MSRP at all. After calling alot of dealers I did eventually find one in the middle of Wisconsin who eventually gave me 4% off MSRP. |
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12-27-2024, 08:28 PM | #12 | |
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I'll look to get msrp on a G90 from my guy at the local dealer, don't care enough to haggle a few grand off but he better not come at me with some 10-15k markup BS |
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12-27-2024, 10:19 PM | #13 |
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Something to look at for those willing to go lower than MSRP is they are marking up the base rate for finance / lease. A lot of dealers are doing that and I had to tell my local dealer to go screw themselves when they tried to lock me in on “MSRP” but marking up whatever that rate is by 1%
Alan
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12-28-2024, 12:48 AM | #15 | ||
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As far as discounts, your purchase is proof of it. When a dealer is discounting a car 4% when the vehicle is first launched it’s only going to go down from there, it’s only a matter of pace and steepness, and I don’t have a crystal ball to know the plot of that graph, other than to say that 4% right off the bat doesn’t bode well for said steepness. All I said to the OP is to do exactly what you did and seek out at least a 5% discount in today’s market, your purchase is right along those lines so you are the data point. Here’s an idea, instead of worrying about what I’ve said and how much I pay for things, you share the dealer you got the car from with the OP and the rest of the forum … I’m sure they’d appreciate your help in saving themselves some money and the dealer will appreciate the extra business.
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Last edited by soulsea; 12-28-2024 at 01:13 AM.. |
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12-28-2024, 01:10 AM | #16 |
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That’s SoCal business plan to take advantage of honeymoon party with markup. Wait couple months and they will offer you 10k discount on the same car LOL
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12-28-2024, 07:23 AM | #17 |
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The cars.com listing shows cars even if they are already sold just FYI. Both of my VINs (M5/M3) showed up as available at the dealership on a google search.
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12-28-2024, 09:10 AM | #18 |
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This is why I recommend only looking at the listing with real pictures taken at the dealership. No one is going to take photos of a car that is already sold. It is a pretty quick way to weed through the results.
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12-28-2024, 11:02 AM | #19 |
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I think it really depends which market you are in. Here in Dallas most dealerships currently have a 6 month to 1 year allocation wait. I haven't found anyone selling below MSRP.
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12-28-2024, 03:39 PM | #20 |
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In Dallas, I have seen one available at BMW Dallas and one available at Arlington. This was about three weeks ago. The Dallas had a $15 or $20K mark up. I just left BMW of Plano and they have two on the lot awaiting a sale.
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12-28-2024, 04:21 PM | #21 |
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