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08-28-2012, 12:51 AM | #1 |
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Just passed by the local dealer...Is this too much to pay for an M5?
Just saw the M5 for the first time in person. It looks absolutely stunning. I can't wait for mine to arrive in 3 weeks. But here are some pictures snapped with the Iphone. Mark up is ridiculous.
Last edited by bclk55; 08-28-2012 at 01:57 PM.. |
08-28-2012, 03:13 AM | #2 |
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That markup is just laughable...$120+ for an M5?? I can't imagine someone jumping on that.
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08-28-2012, 06:14 AM | #6 |
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pretty much all the places i've seen here in the east coast are selling at MSRP, maybe even a little under, no need to pay "market value" as there are cars available here. As long as you're comfortable buying site unseen, you could get a car shipped from east to west coast for about 1500 and save quite a bit.
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08-28-2012, 06:58 AM | #9 | |
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Yes. Since MSRP is just the SUGGESTED retail price, dealer's can charge whatever the market will support. The question is, who's dumb enough (or just has money to burn) to pay a mark-up. That is guaranteed, 100% depreciation the second you drive off the lot.
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08-28-2012, 07:53 AM | #10 |
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So M5 +Civic in rest of USA = M5 in Long Beach...?
Good to know that I saved some 25k going ED!! |
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08-28-2012, 07:59 AM | #11 |
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wow, that's just ridiculous. I received $2k off my M5, and I was disappointed!!!!
I really thought i was going to do better, considering how loyal a customer I've been to my local dealer.
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08-28-2012, 09:49 AM | #14 |
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I guess I can understand why a dealer would do that. Theyre simply taking a shot that some schmuck with a buck will walk in off the street and just say, "I'll take it". If it sits for too long, they'll eliminate the mark up and sell it to a real customer. Cant fault them for trying to make $. There's really not much $ in these cars these days for them. No one in this forum would ever bite but there are plenty of Mr. Magoo's out there who would.
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08-28-2012, 10:29 AM | #17 |
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Mine is on the vessel eta September 14th. Yes I'm paying MSRP, will never pay over MSRP. Sales manager would not give me anymore off even though our family bought 10 cars from them in the past two years. My brother even has an M3 on order ETA September 4th. But aleast I got 1,500 off from all the promotional test drive. (Olympic test drive 1,000 & BMW Apps 500).
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08-28-2012, 10:46 AM | #18 |
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I got $6300 off MSRP...but where the hell is my M5 ?
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08-28-2012, 10:53 AM | #19 |
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I would guess they do this to keep the car on the showroom floor far a while so people can see one. Perhaps build a little hype. It doesn't appear that each dealer received launch cars for demo purposes. Who knows. I suppose if you negotiated down to MSRP you would feel pretty good. LOL.
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08-28-2012, 11:00 AM | #20 | |
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08-28-2012, 12:32 PM | #21 | |
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