03-17-2023, 10:51 AM | #23 | |
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But your the customer they are the seller. Increase costs will always be absorbed by the customer as at the end of the day any business has a bottom line of overhead costs and stands to make a profit. Tons of suppliers in the background. The days of massive rebates are gone as manufacturers will not pump out cars in which the demand isnt there and will simply throttle plants. This was a lesson learned with covid https://www.reuters.com/business/aut...es-2023-02-24/ If the hottest market in the US is trucks and the 3 largest manufacturers are doing it everyone else will follow suit.... Keep supply within demand and have things built to order. Now in an ideal world if materials costs drop down, they would do price cuts ..one would hope so..but why should they as shareholders care about net profits. Could they pass that to consumers with large discounts ... Idk Look at Telsa... That burnt a lot of people and messes up vehicle values, lease values, loans. That 70k car you just bought new yesterday, is worth 60k right off the showroom floor. Your now 10k in the hole plus interest and the bank won't give two shits neither will the manufacturer. As those that did a lease will fine, the other half that bought |
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03-17-2023, 10:52 AM | #24 |
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03-17-2023, 01:17 PM | #27 |
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Capitalism with cost transfer to consumers. Oil companies making Billons of $ in profit. Groceries to raw materials all getting expensive. Post pandemic greed to recover from the Covid lull. What goes up rarely comes down.
Curios how much the insurance premiums went up on the M vehicles in last two years.
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03-17-2023, 02:43 PM | #28 | |
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03-17-2023, 02:59 PM | #29 | |
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My 19 M5 comp I just dropped a week ago is the same as my 23Comp... M5 had a msrp of 117/ M3 107. Rates have been constant here from the start |
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03-17-2023, 09:05 PM | #31 |
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Sorry to burst some of your bubbles. As a person who works at a manufacturer of products that go globally I can say that the price is based off of what the market can tolerate not the actual cost of the goods.
Don’t get me wrong the goods will always sell at a profit but we know the US market tolerates the largest markups so guess who pays the most for the same goods that other countries pay less for. That’s just the reality of companies making money. How can you creatively extract the most out of the places willing to spend the most. So yes buying less will affect the price as companies still need to sell to make a profit however the US market isn’t coordinated enough to stop buying as a whole and there are lots of people in the US with money that always keep buying no matter what the state of the economy is. So the prices will keep going up until it’s not making enough profit… sorry that’s the reality. For some of us BMWs will not be in our future as they will get out of reach… for others it won’t matter they will keep buying… another reality. Sorry. |
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03-18-2023, 10:59 AM | #33 | |
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We also have less competition now across the board due to PE funds owning all sorts of companies (not saying PE is bad, but it is what it is) so being able to control supply for in elastic goods to increase prices. These are cyclical trends and eventually consumers will run out of runway to pay…the moment a recession is declared we’ll see prices fall rapidly since inventory is building up but not being sold… So, we’ll see. I am with Alan in that, if I were in his shoes I would also wait rather than pay the extra BMW price increase since their own costs have not gone up at the same level. How do we know? Their profits and margins are both at record levels. That’s how we know they are simply leveraging their power over consumers. I can’t believe people were paying $15K market adjustments for Kia SUVs a few months back! You can literally get them at MSRP and even below now - same model! |
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03-18-2023, 11:02 AM | #34 |
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In most cases the US minimum wage is below market rates so it doesn’t matter. But if you raise it to above market rates, you will get businesses that will have to move or close…wages are set by business. CA govt employees have a great deal however. That is probably where a lot of the budget is going now. 😂
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03-19-2023, 09:23 PM | #35 |
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I’ve built one it was 136k which for what it is it’s not too crazy given that’s 2k over the starting price on the M8. What is crazy is that my M8 build (141k) would be cheaper then the X6M given the 10-11% discounts brokers currently have on the M8. Too bad my wife won’t allow me to get a coupe 😔
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03-21-2023, 12:35 AM | #36 |
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Dang, Was going to upgrade from ‘22 X3M Comp; but I’ll wait and get a ‘24 X5M CPO in a few years when my lease is up. Residuals are 52% plus the phony CPO charge; still cheaper than brand new.
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03-21-2023, 10:07 PM | #37 |
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I am thinking of getting an Isle of Man Green X5M because I love the color.
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03-22-2023, 08:49 AM | #38 | |
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04-11-2023, 04:53 PM | #40 |
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Not in the US
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04-12-2023, 06:31 PM | #41 |
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Thanks for posting the ordering and pricing guide.
I looked over the features and didn't see anything specific about 'rear cross traffic alert'. Is that part of some other assistance feature?
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05-05-2023, 05:22 PM | #42 |
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Anyone on here purchase a '24 X5M without ADM? Local dealer has XM with $50k ADM so I am assuming the X5M/C is around $5k but thought I would ask here to get confirmation.
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05-05-2023, 07:28 PM | #43 |
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05-05-2023, 07:53 PM | #44 |
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I've been quoted MSRP, no markups, no mandatory add-ons by all of my regional dealers. No discounts yet, though.
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