05-27-2022, 03:11 PM | #67 |
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Stiff increases considering the loss of pretty much all incentives and discounts.
I didn’t lease my 530e so I’ll check back in sometime in 2026 or 2027 and see if this stuff has right sized any. Can’t justify these jumps considering all other runaway price increases. |
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05-27-2022, 03:34 PM | #68 |
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Makes sense. I've got a RWD and never considered an xdrive. In Florida too so what is the point?
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05-27-2022, 03:35 PM | #69 |
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Agreed.
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05-27-2022, 04:33 PM | #70 |
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Pretty bummed my g80 order went up 3700.
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05-27-2022, 04:36 PM | #71 |
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That doesn't make sense. As the US dollar gains strength as it has the last year, it buys more Euro's. US would be less likely to see an increase because of the strong dollar.
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05-27-2022, 04:38 PM | #72 | |
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05-27-2022, 04:38 PM | #73 |
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On the waitlist at my local dealership for the new M2. Curious to see what the dealer invoice and mark up price is going to be. Make sure you get everything in writing boys!
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05-27-2022, 04:41 PM | #74 | |
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05-27-2022, 04:43 PM | #75 |
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05-27-2022, 04:47 PM | #76 |
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05-27-2022, 04:47 PM | #77 |
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And with the prices increases, can we still expect some standard options to come back? Or will we have another year of "COVID spec'd" cars"?
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05-27-2022, 04:47 PM | #78 |
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Don't forget BMW NA needs to pay for the next EV Arnold super bowl ad at $7 million plus.
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05-27-2022, 05:25 PM | #79 | |
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Either way it'll be interesting… I'm sticking with my current lease, residual and low miles was too good to pass up!
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05-27-2022, 05:37 PM | #80 |
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[QUOTE=BigSky702;28952240]It's a gamble, you could possibly be upside down by lease end… especially if the market right sizes.
Either way it'll be interesting… I'm sticking with my current lease, residual and low miles was too good to pass up! RESPONSE Ibiza Thats a toss up... Remember those that have leased already got hit as who is leasing a M3/M4 sub 1100 dollars without a massive downpayment these day? Also bear in mind the LCI got tech updates so who knows... If a recession happens and rates interest jump up the supply vs demand discussion will flip. Tons of inventory and no buyers.... With that values drop Either way only thing to do is wait and see |
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05-27-2022, 05:49 PM | #82 | |
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Example: Euro is $1.30 BMW sells a car for 10,000 Euro. To get that same 10,000 Euro it must sell for $13,000. As the Euro drops to say $1.07 which is where it is today, you must sell it for $10,700. Why is that? Because now your $13,000 buys 12,149 Euros. So again, you are not correct. As the Euro falls and the dollar gains strength it results in more Euros. It's not the reason prices are going up.
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05-27-2022, 05:54 PM | #83 |
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Outside of even supply and demand and inflation I imagine BMW had to spend substantial cash to adjust its supply chain out of Ukraine. It may also be paying more for what it got from Ukraine.
My understanding is a substantial set of the wiring harnesses that modern cars use were being made in Ukraine or at least the raw materials came from Ukraine.
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05-27-2022, 06:05 PM | #84 |
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Commodity prices are up.
https://www.cnbc.com/2022/02/24/meta...ts-record.html It was a matter of time when BMW had to adjust prices. And of course BMW will not be the only one. |
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05-27-2022, 06:27 PM | #85 | |
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[QUOTE=DocWeatherington;28952288]
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On the other side, the guys leasing M cars, buying 911's etc. are going to be nowhere near as affected. I think we will see a big divergence in asset prices, where enthusiast cars will stay flat compared to cooking models. What that means for more regular new BMW models is hard to say, but inventories are still very low and will remain that way until at least mid 2023. |
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05-27-2022, 06:32 PM | #86 | |
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[QUOTE=DocWeatherington;28952288]
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05-27-2022, 06:37 PM | #87 |
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05-27-2022, 06:39 PM | #88 | |
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All those folks that overpaid for used cars by 30% will be upside down and inside out and won't be able to find relief outside of a total loss accident. So many compounding problems... Moral of the story sound investments, financial decisions, positive thoughts/outlooks and a balanced checkbook... Now, if Congress could do that |
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