BMW is feeling the heat from this downturn
08-01-2008, 03:39 AM
#1
Senior Members
Thread Starter
Join Date: Feb 2007
Location: Richmond, VA
Posts: 333
Likes: 0
Received 0 Likes
on
0 Posts
Maybe this will mean better deals. Maybe not.
I test drove the new M3 with the DCT two days ago. The intial offering was sticker, but after persuasion. it dropped $2k. A fine car, but not for the $73K sticker. The best deal I could muster was my car (07 550i) and $39K
See earnings story
http://www.cnbc.com/id/25961019
I test drove the new M3 with the DCT two days ago. The intial offering was sticker, but after persuasion. it dropped $2k. A fine car, but not for the $73K sticker. The best deal I could muster was my car (07 550i) and $39K
See earnings story
http://www.cnbc.com/id/25961019
08-01-2008, 03:54 AM
#2
Senior Members
Join Date: Aug 2004
Location: Bedford, MA
Posts: 408
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 2004 530i 6-speed Titanium Silver/Black Interior
Premium Package
Sport Package
Aux input
30 GB video iPod
Cold Weather Package
Xenon
Red rear reflectors
Tint
Clear Bra
The Big 3 are suffering worse... Leases will no longer be offered.
08-01-2008, 06:16 AM
#3
Senior Members
Join Date: Nov 2005
Location: Chicago, IL
Posts: 724
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 2008 Sapphire Black on Black M5 - loaded sans soft close doors
Originally Posted by Bedford530i' post='637438' date='Aug 1 2008, 06:54 AM
The Big 3 are suffering worse... Leases will no longer be offered.
08-01-2008, 02:31 PM
#4
Members
Join Date: Feb 2008
Location: Rochester Hills, MI
Posts: 206
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 2008 BMW 535i- Steptronic Trans, Sirius Satellite Radio, Bluetooth, BMW Assist, Black Dakota Leather, Cold Weather Package, Premium Package
Originally Posted by doug_999' post='637486' date='Aug 1 2008, 10:16 AM
Only Chrysler financial (and one bank, I think Chase) have stopped doing leases on Chrysler products. GM has stopped offering leases in the Canadian market. You still can lease any GM/Ford through their respective finance companies and any auto you want through a multitude of other leasing companies.
As for not being able to get an M3 for less than sticker, are you really that shocked? The profit margins on these cars are pretty big, and I dont think that the dealers will drop the price much. The fact that they gave you 2k below sticker is pretty impressive. That's just my 2 cents.
Thread
Thread Starter
Forum
Replies
Last Post
TroyE60
Private Member Classifieds
9
05-30-2019 05:01 PM
chadillac2000
E60, E61 Parts, Accessories and Mods
42
09-13-2017 11:15 AM