$25,000 M5 Premium in CA
08-29-2005, 07:56 PM
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The dealership where I ordered my 550 (in California) has now decided to charge a $25,000 premium on the first M5s. They originally offered to hold the price to MSRP, but since so many others are charging a premium, well, that leaves out a lot of dollars for them.
So, for those of you who where able to buy the M5 in a rational market location, well done.
For those of you in CA, ouch. :thumbsdown:
So, for those of you who where able to buy the M5 in a rational market location, well done.
For those of you in CA, ouch. :thumbsdown:
08-30-2005, 06:01 AM
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Originally Posted by tachyon' date='Aug 29 2005, 10:56 PM
The dealership where I ordered my 550 (in California) has now decided to charge a $25,000 premium on the first M5s.? They originally offered to hold the price to MSRP, but since so many others are charging a premium, well, that leaves out a lot of dollars for them.?
So, for those of you who where able to buy the M5 in a rational market location, well done.?? For those of you in CA, ouch.? :thumbsdown:
So, for those of you who where able to buy the M5 in a rational market location, well done.?
? For those of you in CA, ouch.? :thumbsdown:[snapback]164953[/snapback]
08-30-2005, 06:48 AM
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My Ride: '06 530i, Titanium Silver, Gray Leather, Sports PKG, Premium PKG, Sound PKG, Cold PKG, STEP Tranny, Power sun shades, fold rear seats, rear seat heating, PDC, Nav
Ouch!!! 
Did someone say, "bend over?" :'(
Did someone say, "bend over?" :'(
08-30-2005, 09:02 AM
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Anyone willing to pay over retail, PM me and give that money instead. If you are crazy enough to throw away your cash I have a fund that will go to my local children's hospital instead to a fat cat stealership.(dealership oops)ha ha. 
08-30-2005, 09:24 AM
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My Ride: 2005 545i Titanium Silver/Black/Poplar: Steptronic, Sport, Cold Weather, Premium Sound, Comfort Seats, Sat Radio, NAV & Shades
That's crazy to pay that extra $$. What a waste....
08-30-2005, 10:00 AM
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Originally Posted by jta00r1' date='Aug 30 2005, 12:02 PM
Anyone willing to pay over retail, PM me and give that money instead. If you are crazy enough to throw away your cash I have a fund that will go to my local children's hospital instead to a fat cat stealership.(dealership oops)ha ha.
[snapback]165123[/snapback]
It's interesting that you mention the charity angle. The story I got is that the dealership owner at first wanted to make sure that if their M5s were going to be flipped and sold at a premium, then he would take that premium and donate it. He was going to offer buyers the option to select a charity to donate the price premuim. His crack legal team told him this would not be legal.
08-30-2005, 10:13 AM
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My Ride: '05 545i, silver gray, black leather with anthracite maple wood, sport package, premium sound, navigation, cold weather package, electric rear sunshade, folding rear seat, satellite radio prep, PIAA 4150K fogs, red rear reflectors, hardwired Valentine One
When the current Porsche Turbo was released in 2001, some dealers in CA were getting $50K premiums. Crazy.
08-30-2005, 10:27 AM
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My Ride: 530iA Silver Grey , black interior. Premium Package, Navigation System, Head-up Display, Radio Satellite, Adaptive Xenon Headlights. AC Schnitzer Front Lip, H&R springs, Rear red reflector, All season Floor mat,
That's totally madness to pay that extra premiums.. The most i would pay over MSRP is $5k.. imagine losing $40k for your car's first yr depreciation.. :'(