10-27-2020, 03:19 AM | #485 | ||
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10-27-2020, 04:44 AM | #486 |
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Just had an update from my dealer in Belgium. In fairness to him, he is always really helpful and communicates with me everything he knows.
I think the communication problem is, that he, along with the other dealers are a little bit left in the dark in this whole situation. So in summary; The process of testing starts in ZeeBrugge from Nov 4th. Everything for the moment seems on track and he expects once they get started it will move pretty quick, of course depending where you are in the queue. I don't think we can expect any cars being released before 2nd week Nov. They are installing charging poles in ZeeBrugge at the moment for the testing, hence the delay. He told me we will know a lot more next week once everything gets started. My car is still at the dealers, which I understand. Expected to be picked up sometime next week. No point I guess in it standing in ZeeBrugge. The new deliveries of the 45e from now on are a different production batch therefore have no problems! People are collecting their new 45e's all this week!!! annoying! Also I asked him what would happen if the delay gets closer till 2021 for the tax implications. He told me once you have a signed contract before 1st Oct 20' the new tax rules do not apply. I also asked about the warranty on the battery and particularly a warranty related to this fault, and he told me there is a 6 year battery warranty standard. Finally I asked him about the official communication from BMW, he told me BMW are only contacting the people who have already have their car delivered and are driving on restricted modes. I can imagine they need to do this for liability reasons. (he also seemed to think there will be a fuel compensation for these customers) - going to follow this up a later date! So I guess we need to wait out another week and we will then have some more concrete information. At least this is what I have been told!! |
10-27-2020, 05:50 AM | #487 |
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I published the official communication I received from BMW Belux a little earlier in this thread. I sent a letter to their sales manager to get such reaction since I had the same experience as you when sending emails. Nothing new or specific. Just a minimal effort with no clear deadlines. They still have no clue today I guess. If I don’t get clear deadlines within the next 2 weeks + an official delivery date before mid-December, I’ll cancel my order and will purchase a stock car from Audi...
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10-27-2020, 06:17 AM | #488 | |
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For WLTP the 45e scores even better than for NEDC. So it shouldn't be a problem. |
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10-27-2020, 06:52 AM | #489 |
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You have to also make sure you have the new BMW price with the changes to tax, our Tax system in Ireland is changing heavily for 2021, normally from the current data i.e. the e45 WLTP bieng lower that then 2020 CO2 emission, the price should drop, but my dealer stressed how we also need to check if the price is to stay the same, more likely if you saving taxes, BMW will look into getting a share of it.
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10-27-2020, 06:59 AM | #490 | |
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10-27-2020, 07:14 AM | #491 | ||
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10-27-2020, 08:04 AM | #493 | |
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10-27-2020, 08:19 AM | #494 |
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10-27-2020, 09:05 AM | #495 | |
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Hypothetically, let's say your out-the-door price was $75k and your credits are $10k, so your net cost is $65k. Anyone else in your state can get that same net cost of $65k on a new 45e. Therefore the price on used ones must be below that for anyone to be interested in buying used. The $10k is instant depreciation. |
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10-27-2020, 09:54 AM | #496 |
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I will agree with most that it is quite annoying to say the least. For myself about 3 weeks into the ownership experience, I get the phone call and the offer of money. I do have faith that BMW will address the issue. I don't have any reason to believe that this will lead to other issues, after all this is not the first time BMW has been in the PHEV business. I also believe that from previous experience with my X3 Diesel when it was plagued with issues that BMW will do the right thing and trade assist me out of my vehicle. In the meantime I will use the money they gave me to upgrade my speakers from the junk HIFI ones and be slightly impatient as I wait for the fix.
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10-27-2020, 10:08 AM | #497 | |
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$7k dealer discount $2.5k APR credit $1k OL code $1k corp sales $4k state credit $7.5k federal credit Good luck finding a very low mileage MY21 45e in CO or elsewhere in the country for $47k or less. My sales tax is 8% but if I trade-in the car my trade-in value is excluded from the sales tax so not much of a loss there either... |
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10-27-2020, 10:35 AM | #498 | |
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10-27-2020, 10:47 AM | #499 | |
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10-27-2020, 11:06 AM | #500 |
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You are assuming that everyone is eligible for the full tax credit, which is not the case just like you seem not to qualify for the OL code or corp sale incentives since you are not aware of them. There is also no guarantee that every new buyer will get the 10% or better dealer discount. Furthermore, doing a quick search you can see let alone the 45e, you cannot find a used low-mileage MY20 40i in the country for $49K. Even the absolute base 40i xDrive retails for around $50k (roughly 20% depreciation in one year). It makes very little sense that the more expensive 45e should be cheaper despite having the same engine, extra features, and better fuel economy just because the original owner might be eligible for tax incentives.
Last edited by moodyhank82; 10-27-2020 at 11:18 AM.. |
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10-27-2020, 11:51 AM | #501 |
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According to some threads here the mild hybrids are also affected by the problem.
https://www.bimmerpost.com/forums/sh...php?p=26744425 |
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10-27-2020, 12:25 PM | #502 | |
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I checked with my dealer, also Belgium... He says your info is correct. Only the date 4th nov is not confirmed yet. The procedure will take about 68 hours to test a car.: confused0068: Lets hope things speed up now.:boog::boog: My adventage is that my car still is in Zeebrugge since 20th september. |
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10-27-2020, 12:30 PM | #503 | ||
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10-27-2020, 01:06 PM | #504 |
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Bought my Model 3 for $49k last year, took $7k in tax credit combined this Spring. My trade-in value today is $42k so either Teslas do not depreciate or the tax credit is not a full-value reduction. Plus how do you keep track of the status of tax credit by make/model/year? Bolts were eligible for the full $7.5k originally and today they get no credit so did the price of older Bolts go up by $7.5k as the federal tax credit gradually went away last year? Probably not. I believe the market price is set by looking at the MSRP for a new one and assuming a depreciation percentage regardless of manufacturer or tax incentives that might not be available to everyone and that could also change over time.
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10-27-2020, 02:18 PM | #505 | |
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In my case, my 45e on order has an MSRP of $82,395, but my out the door price is $77,625 after discounts and taxes. Then I get the $7,500 federal credit for a net of $70,125. I didn't qualify for loyalty incentive. Any other person with similar negotiating skills and a federal tax liability of at least $7,500 should be able to get the same net price I did. So I consider the going rate for my build to be $70,125 and the depreciation starts from there, not from $82,395. |
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10-27-2020, 02:31 PM | #506 |
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I hear you and I think we are just going to agree to disagree but just out of curiosity I did submit an appraisal request for my 45e on Vroom (Carvana does not have 45e in their system yet) and I will report back when they send me an offer.
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