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      06-19-2015, 08:52 PM   #1
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Stealership confirmed with tall tales

I am currently on 4 waiting lists for the M2.
#1 with a deposit down
#1 with a gentleman's agreement (until deposits are needed) They wanted a "Semi-refundable" deposit. I balked
#3 with a gentleman's agreement.
#1...here's where I get angry.

The dealership is Dave Walter in Akron, OH. Called up the internet guy a few weeks ago after i made contact online. Went back and forth with the customary Q & A.

Fast forward to today...

I called and set up an appointment to talk with them about my plans. He called back and said it would be a fully refundable $2000 deposit. That seems steep, but ok, no problem. SO I drive on down.

I meet David the GSM and we chit chat for a few minutes. He lets me know that the M2 will be MSRP. I said I figured as much being a new model. I let him know my backup plan of an M3, either car would be ED.

He lets me know that he just got back from a regional meeting and the M2 was discussed. He was telling me that it will be a limited production run of b/w 800 & 1500 units and because of how "special" the M's are and allocation mumbo jumbo that the price for ED is US MSRP.

I asked him to clarify. He said again b/c of how special and rare these cars are the ED price is US MSRP. I laughed and said, "So you'd be charging a market adjustment on the M2??" He said, "No" going back to "How special these M cars are" and "The limited production on all M cars" narrative.

I said how can you charge me US MSRP if I am taking advantage of a service that you and BMW offers at a 7% discount if you aren't honoring the pricing. I said you are just covering up a market adjustment. I told him to just say, "yes, we will add 7%."

It appears I had wasted my time driving down (75 min drive)

He also told me that even with an M3, ED MSRP is the price as there is no more money left and back to the narrative of "How special/How rare" these M cars are. Demand is so great for these cars blah blah.

I was mad, but figured i'd take advantage of driving a YMB/SS M4 Vert and for shits and giggles a M235 6mt w/LSD.

The DCT was so twitchy that it literally felt like the first time i learned to drive stick. All the twitching and bucking. It was awful.
Got in the M235 6mt w/lsd. WOW I was so impressed, but the power didn't catch me off guard as the M4.

On a side note, he said he forecasts the base price to be b/w 55 and 57 with it approaching 70 for fully loaded. He also mentioned that there will only be 2 options groups.

I did not place a deposit.

I did call the other 2 dealerships that I am first at and they both informed me that i will be paying ED MSRP, NOT USmsrp.

Whadda y'all think?
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      06-19-2015, 09:12 PM   #2
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      06-19-2015, 09:28 PM   #3
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Quote:
Originally Posted by miiipilot
I am currently on 4 waiting lists for the M2.
#1 with a deposit down
#1 with a gentleman's agreement (until deposits are needed) They wanted a "Semi-refundable" deposit. I balked
#3 with a gentleman's agreement.
#1...here's where I get angry.

The dealership is Dave Walter in Akron, OH. Called up the internet guy a few weeks ago after i made contact online. Went back and forth with the customary Q & A.

Fast forward to today...

I called and set up an appointment to talk with them about my plans. He called back and said it would be a fully refundable $2000 deposit. That seems steep, but ok, no problem. SO I drive on down.

I meet David the GSM and we chit chat for a few minutes. He lets me know that the M2 will be MSRP. I said I figured as much being a new model. I let him know my backup plan of an M3, either car would be ED.

He lets me know that he just got back from a regional meeting and the M2 was discussed. He was telling me that it will be a limited production run of b/w 800 & 1500 units and because of how "special" the M's are and allocation mumbo jumbo that the price for ED is US MSRP.

I asked him to clarify. He said again b/c of how special and rare these cars are the ED price is US MSRP. I laughed and said, "So you'd be charging a market adjustment on the M2??" He said, "No" going back to "How special these M cars are" and "The limited production on all M cars" narrative.

I said how can you charge me US MSRP if I am taking advantage of a service that you and BMW offers at a 7% discount if you aren't honoring the pricing. I said you are just covering up a market adjustment. I told him to just say, "yes, we will add 7%."

It appears I had wasted my time driving down (75 min drive)

He also told me that even with an M3, ED MSRP is the price as there is no more money left and back to the narrative of "How special/How rare" these M cars are. Demand is so great for these cars blah blah.

I was mad, but figured i'd take advantage of driving a YMB/SS M4 Vert and for shits and giggles a M235 6mt w/LSD.

The DCT was so twitchy that it literally felt like the first time i learned to drive stick. All the twitching and bucking. It was awful.
Got in the M235 6mt w/lsd. WOW I was so impressed, but the power didn't catch me off guard as the M4.

On a side note, he said he forecasts the base price to be b/w 55 and 57 with it approaching 70 for fully loaded. He also mentioned that there will only be 2 options groups.

I did not place a deposit.

I did call the other 2 dealerships that I am first at and they both informed me that i will be paying ED MSRP, NOT USmsrp.

Whadda y'all think?
My understanding is BMW Centers do not participate in ED pricing. Others on the forum that already have had an ED experience should know. I would consider discussing your experience with BMW, NA and see what their feedback may be.
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      06-19-2015, 10:17 PM   #4
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I was told no 7% on ED from my dealer as well. I doubt that info is true since they knew less about the car so far than I know from this forum.

I also asked about my BMWCCA discount, and they said that might not be available either.

I'll end up being an asshole to get that 7% if I do ED, otherwise I'll take my deposit and walk.
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      06-19-2015, 10:18 PM   #5
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$55-57K? I hope that is drastically wrong
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      06-19-2015, 10:49 PM   #6
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An ED deal requires permission from two entities: BMW the corporation and the dealer. If either one is not willing to participate in the ED program, you wont get the deal.
For cars that are in demand and dealer allocations are expected by BMW to be sold by dealers at MSRP (or MSRP+), the dealer is reimbursed the 7% ED discount by BMW.
Ed invoice pricing, generally, becomes available when car production exceeds demand.
All the above is IMO.
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      06-20-2015, 12:05 AM   #7
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Find another BMW store.

Dealer is completely full of it.

It is not a limited numbered car.
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      06-20-2015, 12:30 AM   #8
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If he wasted 2 hrs of my time, I would Not return. As fun as these cars are, after the first 3 months, the majority are all commodities.
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      06-20-2015, 08:44 AM   #9
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I don't believe BMW would make it a limited run as they clearly have plenty of parts with most of the car coming from an M4/M235i, at the end of the day everything on this car is in full production so I'm sure they'll want to milk the M2 for all it's worth
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      06-20-2015, 09:02 AM   #10
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Quote:
Originally Posted by Steven1077 View Post
I don't believe BMW would make it a limited run as they clearly have plenty of parts with most of the car coming from an M4/M235i, at the end of the day everything on this car is in full production so I'm sure they'll want to milk the M2 for all it's worth
Same can be said about the 1M. Just a 1er, with M3 components and a Z4 engine.

I personally think it'll be way more than 800 units, just because it'll be a 3 year run vs. only 1 year or whatever it was for the 1M.

Having said that, I doubt the M2 will be anywhere as common as an M3/4
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      06-20-2015, 10:13 AM   #11
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Quote:
Originally Posted by Steven1077 View Post
I don't believe BMW would make it a limited run as they clearly have plenty of parts with most of the car coming from an M4/M235i, at the end of the day everything on this car is in full production so I'm sure they'll want to milk the M2 for all it's worth
True, but it's the same if they sell 1 car and make 10k in profit than if they sell 10 cars and make 1k in profit

prices usually never go up, almost always down, so even if not a hard limited production number the production will be really constrained for quite a few months till they get as much as they can from the hype..... similar to what they did with the 2allocation/month/dealer for the M235 but I wouldn't expect at an even higher degree..
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      06-20-2015, 10:46 AM   #12
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When the 1M was released I believe SCOTT26 actually made a post saying if you want one to get on the list now. He was asked the same question about the M2 and wouldn't make the same type of comment.
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      06-20-2015, 10:52 AM   #13
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Quote:
Originally Posted by PackPride85 View Post
When the 1M was released I believe SCOTT26 actually made a post saying if you want one to get on the list now. He was asked the same question about the M2 and wouldn't make the same type of comment.
I doubt it will be a fixed limited production car but that doesn't mean that it will be really hard to get 1 in the first year or 2 without having to pay close to msrp or over
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      06-20-2015, 11:18 AM   #14
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Quote:
Originally Posted by pikcachu View Post
I doubt it will be a fixed limited production car but that doesn't mean that it will be really hard to get 1 in the first year or 2 without having to pay close to msrp or over
This is how I think it will work too - you're going to pay in order to have one of the first year cars.

Not limited doesn't = not hard to get.
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      06-20-2015, 01:19 PM   #15
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Quote:
Originally Posted by pikcachu View Post
True, but it's the same if they sell 1 car and make 10k in profit than if they sell 10 cars and make 1k in profit

prices usually never go up, almost always down, so even if not a hard limited production number the production will be really constrained for quite a few months till they get as much as they can from the hype..... similar to what they did with the 2allocation/month/dealer for the M235 but I wouldn't expect at an even higher degree..
This must depend on the country as there were no limits on the M235i in the UK, but then it's only a small country and there’s nowhere near as many dealers as some countries
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      06-20-2015, 04:06 PM   #16
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Quote:
Originally Posted by Steven1077 View Post
This must depend on the country as there were no limits on the M235i in the UK, but then it's only a small country and there’s nowhere near as many dealers as some countries
ya just speaking on the US
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      06-20-2015, 09:39 PM   #17
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Quote:
Originally Posted by pikcachu View Post
I doubt it will be a fixed limited production car but that doesn't mean that it will be really hard to get 1 in the first year or 2 without having to pay close to msrp or over
I am comfortable paying EDmsrp, but nothing more.

I forgot to mention, the GSM said the M2 is only a 2-year run.
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      06-20-2015, 09:51 PM   #18
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Quote:
Originally Posted by miiipilot
Quote:
Originally Posted by pikcachu View Post
I doubt it will be a fixed limited production car but that doesn't mean that it will be really hard to get 1 in the first year or 2 without having to pay close to msrp or over
I am comfortable paying EDmsrp, but nothing more.

I forgot to mention, the GSM said the M2 is only a 2-year run.
I doubt they will do it just for 2 years. This is not your last minute 1M

Maybe he meant 2years before the LCI?
Or maybe he was just bsing you

Btw what's a semi-refundable deposit. In WA all deposits are refundable by law lucky
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      06-21-2015, 08:59 AM   #19
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Originally Posted by Twix View Post
I was told no 7% on ED from my dealer as well. I doubt that info is true since they knew less about the car so far than I know from this forum.

I also asked about my BMWCCA discount, and they said that might not be available either.

I'll end up being an asshole to get that 7% if I do ED, otherwise I'll take my deposit and walk.
I was under the impression that here in Canada we don't get an ED discount, BMW Canada don't give the ED discount to the dealerships so they can't pass on the credit like in the US.
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      06-21-2015, 09:28 AM   #20
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Quote:
Originally Posted by Twix
I was told no 7% on ED from my dealer as well. I doubt that info is true since they knew less about the car so far than I know from this forum.

I also asked about my BMWCCA discount, and they said that might not be available either.

I'll end up being an asshole to get that 7% if I do ED, otherwise I'll take my deposit and walk.
This is the position I took when getting my 1M. I was willing to pay ED MSRP only, and it was a limited edition model.

You may have to call several dealers, but don't let that deter you. Euro Delivery is an amazing experience. BMW AG wants you to experience the purchase this way, you just have to find a dealer that is familiar with the process. Keep in mind that you can also spec for Performance center delivery, so the dealership where you purchase the vehicle can be anywhere in the country.
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      06-21-2015, 09:45 AM   #21
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OK.... I don't know so I'll ask. IF you bought an M4 when they were first released and paid ED MSRP could you do any better now? I don't think so. Which would mean the OP is doing this right thing instead of waiting for a better price after they have been out for several months.
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      06-21-2015, 10:11 AM   #22
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Find a different dealer, sounds like Bs to me. Everything I've been reading is that this will not be a limited run like the 1M. I think dealerships are equating this to the 1M so they can capitalize on the history of that vehicle to overcharge for the M2.

I would wait towards the end of year one run before getting. I think at that time, you'll find more favorable deals.
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