BMW X5
BMW Garage BMW Meets Register Today's Posts

Post Reply
 
Thread Tools Search this Thread
      07-03-2020, 10:27 PM   #1
TxPres8th
Enlisted Member
16
Rep
43
Posts

Drives: BMW X5
Join Date: May 2020
Location: Texas

iTrader: (0)

9% off MSRP becomes 6.5% off MSRP

Interesting story out of Houston. Originally was in contact with a dealer about an order for a 2020 X5 xDrive40i. Received offer for 9% off MSRP before incentives - pending the confirmation of availability of the luxury seating package. Several days later the luxury seating package could not be confirmed and I decided it would be best to wait for a 2021 order when I could get all options that I wanted. No big deal for either side as we had not exchanged any deposit and they knew finalizing the deal would be dependent on that package.

A few weeks pass - and I start to see what's NOT going to be available in the 2021 (soft close doors, temp cup holders, drive recorder, change in glass controls, etc, etc)

A sales rep from a different dealer checked in to see how my shopping was going, got me searching again and I found what was a close to exact match to my 2020 build (except for luxury seating). It was listed at a dealership in the same brand chain as my original order so I reached back out. With incentives being strong I figure, "eh - I won't miss the ventilated or massaging seats".

Turns out - it's the order we originally discussed, with my name still attached, now in production. I express my renewed interest and figure they would at minimum extend the original deal, if not better, since the car will quickly be sitting out on their lot. But because of "inventory issues" they won't let the car go for any discount at the direction of the general sales manager who was approached about the situation. The sales rep talks to the sales manager and they conclude that they can do the deal for invoice which is 6.5% off MSRP. I walk away - again.

Now, I understand we never signed the deal the first go around but I'm surprised that in 2 weeks they've taken that position when the car has not even reached their dealership yet.

Part of me wants to wait for it to sit on their lot for a couple months before reaching back out with an offer. Part of me never wants to work with them again out of principle.

I guess back to waiting for a 2021 build?
Appreciate 0
      07-04-2020, 08:36 AM   #2
JonnyCrash
Driver
Canada
161
Rep
447
Posts

Drives: VW GTI, BMW X5 40i M-Sport
Join Date: Jul 2005
Location: Ottawa

iTrader: (0)

It’s possible that dealer incentives changed between the original discussion and the present and they are simply not able to make their margins work with the original discount. Those hidden incentives change all the time, and we are not usually aware of what exactly they are. Remember that they are in the business of making money, so they won’t sell you a car if they lose money on the deal.

If you don’t have paperwork saying they will honour that price through now, and you didn’t sign a deal, they’re well within their rights to sell the car for whatever they want now, as I see you’ve recognized. You may want to see if another dealer in your area is willing to get you a better deal. They may even be able to do a dealer trade for the original car once it hits the lot!
Appreciate 0
      07-04-2020, 10:07 AM   #3
coolerbythelake
First Lieutenant
coolerbythelake's Avatar
United_States
282
Rep
303
Posts

Drives: 2024 X7 M60i
Join Date: Sep 2019
Location: West Bend, WI

iTrader: (0)

9% off MSRP becomes 6.5% off MSRP

I lean strongly towards no longer working with them out of principle. I can't stand dealer games like this. In my mind, it isn't complicated: provide an exceptional customer experience, honor the price, and hey maybe earn a long term customer or the service business at the very least. But you know what? Better to see their true colors early on. I know it sounds cliché, but I completely believe things work out like they're supposed to.

I say move on to a dealer that's much more transparent and see if they're willing to play ball. And trust me, you're not missing a thing with the "ventilated" seats - they're pretty useless in my opinion.
Appreciate 0
      07-04-2020, 11:30 PM   #4
BigHunk
///M
BigHunk's Avatar
Canada
270
Rep
385
Posts

Drives: X5M , iX , S1000XR
Join Date: Jun 2018
Location: Edmonton

iTrader: (0)

1. Walk away from that slimy dealer!

Try work it with this broker, i don't have personal experience with him, seen some member made deal with him.

https://g05.bimmerpost.com/forums/sh....php?t=1712911
__________________
not rich enough to buy cheap
Appreciate 0
      07-08-2020, 12:36 AM   #5
mjr24
Colonel
1644
Rep
2,402
Posts

Drives: M8 Comp GC, X7, AMG GT53
Join Date: Mar 2008
Location: Wisconsin

iTrader: (0)

Well, everyone thought the sky was falling months ago and that you would not be able to give away high-end cars. That obviously has not come to fruition in the least bit and I think dealers just aren't going to give these cars away like people thought. The residuals on leases were the first indicator of this. I don't think they have even changed since the Spring.

You passed on the car at 9%.....I don't see why they need to offer that to you still. I doubt you would be applying the same principle of paying that 9% off if the dealer had come back instead the second time and said they would give you 12% off. Dealers are a business, the purpose of which is to make money.
__________________
2022 M8 Comp GC, 2021 AMG GT53, 2022 X5M Competition, 2021 X7 40i, 2019 M5, 2018 M550I, 2017 Audi Q7, 2014 M6 GC, 2013 Mercedes CLS550, 2011 750LI, 2008 M6 Cabrio, 2008 Porsche Cayenne S, 2004 Mercedes SL55 AMG, 2003 Mercedes SL500, 2000 Mercedes CL500, 1993 Lexus SC400, 1989 525i, 1985 318i
Appreciate 0
      07-08-2020, 04:28 PM   #6
edofloat
Captain
edofloat's Avatar
453
Rep
647
Posts

Drives: Outback or 992
Join Date: Sep 2019
Location: ///MN

iTrader: (0)

Quote:
Originally Posted by TxPres8th View Post
Interesting story out of Houston. Originally was in contact with a dealer about an order for a 2020 X5 xDrive40i. Received offer for 9% off MSRP before incentives - pending the confirmation of availability of the luxury seating package. Several days later the luxury seating package could not be confirmed and I decided it would be best to wait for a 2021 order when I could get all options that I wanted. No big deal for either side as we had not exchanged any deposit and they knew finalizing the deal would be dependent on that package.

A few weeks pass - and I start to see what's NOT going to be available in the 2021 (soft close doors, temp cup holders, drive recorder, change in glass controls, etc, etc)

A sales rep from a different dealer checked in to see how my shopping was going, got me searching again and I found what was a close to exact match to my 2020 build (except for luxury seating). It was listed at a dealership in the same brand chain as my original order so I reached back out. With incentives being strong I figure, "eh - I won't miss the ventilated or massaging seats".

Turns out - it's the order we originally discussed, with my name still attached, now in production. I express my renewed interest and figure they would at minimum extend the original deal, if not better, since the car will quickly be sitting out on their lot. But because of "inventory issues" they won't let the car go for any discount at the direction of the general sales manager who was approached about the situation. The sales rep talks to the sales manager and they conclude that they can do the deal for invoice which is 6.5% off MSRP. I walk away - again.

Now, I understand we never signed the deal the first go around but I'm surprised that in 2 weeks they've taken that position when the car has not even reached their dealership yet.

Part of me wants to wait for it to sit on their lot for a couple months before reaching back out with an offer. Part of me never wants to work with them again out of principle.

I guess back to waiting for a 2021 build?

Dealer inventory is shrinking quickly and dramatically in some places. The manufacturers can't even come close to normal production levels right now. Some are doing better than others with new vehicle production but it will take them a while to get inventories back to a normal level.

Hopefully, inventory improves in the next 45 days +/-. I would think that is why the dealer doesn't want to do 9% anymore. Supply and demand, but you would think they would want to keep the deal so you come back again...and again. Short-sighted.
Appreciate 0
      07-08-2020, 05:27 PM   #7
TxPres8th
Enlisted Member
16
Rep
43
Posts

Drives: BMW X5
Join Date: May 2020
Location: Texas

iTrader: (0)

Quote:
Originally Posted by BigHunk View Post
1. Walk away from that slimy dealer!

Try work it with this broker, i don't have personal experience with him, seen some member made deal with him.

https://g05.bimmerpost.com/forums/sh....php?t=1712911
I reached out, quick to respond, then silence. Got me wondering about other brokers. Reached out to a TX based one that does BMWs. Quick response - then silence. They must not be doing much better with having access to anything.

Fingers crossed this is a "COVID" thing and not a "BMW" thing.
Appreciate 0
      07-09-2020, 12:50 PM   #8
JasonX4MComp
Banned
JasonX4MComp's Avatar
United_States
237
Rep
933
Posts

Drives: 2023 X4M Comp
Join Date: Apr 2013
Location: BMW of Bel Air, MD

iTrader: (0)

Surprised they didn't honor it but I understand. Vehicles are very hard to come by right now, especially X5's. My company has 3 BMW stores in MD, including one of the largest, and we have a total of 28 X5's between all stores.

With plants being shut down for 2-3 months and no new supply in the near future, its going to take months for inventory levels to get back up.
Appreciate 0
      07-11-2020, 06:38 PM   #9
Timmer-Bimmer
Second Lieutenant
United_States
178
Rep
202
Posts

Drives: BMW X5
Join Date: Jan 2020
Location: Charlotte NC

iTrader: (0)

Garage List
2020 BMW X5  [0.00]
For what it's worth...
My favorite feature of my X5 is the Luxury Seating Package, in particular, the massage feature. It is great for keeping the blood circulating on long trips. I wasn't sure about it, but I would not buy another BMW without this feature.
In my opinion, I would select the options I wanted and then look for a deal.
Appreciate 0
      07-11-2020, 10:51 PM   #10
alewifebp
Second Lieutenant
475
Rep
267
Posts

Drives: 2021 X5 M50i
Join Date: May 2020
Location: NJ

iTrader: (0)

Garage List
2024 i5 M60  [0.00]
Quote:
Originally Posted by TxPres8th View Post
I reached out, quick to respond, then silence. Got me wondering about other brokers. Reached out to a TX based one that does BMWs. Quick response - then silence. They must not be doing much better with having access to anything.

Fingers crossed this is a "COVID" thing and not a "BMW" thing.
Had the exact same experience. Super quick to respond, but when I actually tried to press further and not just take whatever is listed on the spreadsheet (which sells out fast it seems anyway), silence.

Production capability of not only BMW, but parts manufacturers too, have been so hampered by all of this. Trying to place an order now wit my lease coming up soon, but deals are scarce. Considering doing a swapalese for a year and come back when things are back to "normal".
Appreciate 0
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 02:17 PM.




xbimmers
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST