Yeah, I was being generous and figuring someone here could hack their way to 20% off. And even then it is a crappy deal. And BMW leases are crap lately so being up to 5 Series money is really scary.
I was willing to give Buick a shot but frankly given the limitations of the Regals they would have to rope me in with a fantastic price. Otherwise I’ll just get another BMW or Honda when the time comes.
I had a previous gen…it was a pretty fun car to drive. The 2.0T packed a punch. There was some typical GM cheap materials here and there, but overall, for about 250/month, I was happy with it. I’d never pay double that though.
Even if they did I could see them screwing it up and making it just some kind of silly appearance package. The problem is that they will never be allowed to get the Vette engine, or even the new Caddy Hot V, and even with existing power options I’m sure that GM won’t allow them to tune or turbocharge something else that will be competitive with the Vette or Camaro.
With the recent talk about how Kia was discounting Stingers (Cheap Kia Stingers are on the way) I thought I’d revisit the Buick Regal situation. Local volume dealer (Mark Christopher in Ontario) has a weekend ad for a Regal Sportback, a one only type of deal, listed MRSP $30,710 for purchase at $21,995. That is 28% off.
But what of the wagon?
Back in July here in Southern California there were 75 TourX wagons listed on CarGurus. Now there are 116. Of those 78 have been on the lot 60+ days. And 37 of those, an amazing 32%, have been there 120+ days.
So guess what, discounting has begun. Listed offers at $7,000-$8,000 off MRSP with zero negotiation. However looks like that is mostly driven by a purchase incentive by GM which this month is 16% off MSRP if you buy the car. The offers are trending at 20% off MSRP with about 4% coming on the dealer side.
It would appear Buick is doing what I suspected. They are looking to move these through purchases so they don’t have to take the cars back in 2-3 years.
I haven’t found October numbers yet but the lease numbers into September continued to get worse on the TourX.
March = 61% residual, .00085 MF
July = 55% residual, .00062 MF
September = 48% residual, .00122 MF
So yeah, looking like the wagon is not a lease you’d want to get into. On a purchase you might find someone willing to dump a wagon off at over 20% off. If you like the car and intend to drive it for a long while that might be a good deal.
Guess the market has spoken and doesn’t want a wagon. Or Sportback either…
Link, tried Googling it with no luck? Would be unfortunate but makes sense. They sell so different many models and the 3 series wagons I have looked all sit a long time.
I Was thinking about getting/sent a few emails about a loaner 3 series wagon but tax situation in Virginia makes the incredible BMW loaner deals impossible here. It math showed an estimated effective tax rate of almost 35%. Too bad too, I really liked the car.
Eh. I bet it does. Wagon buyers are desirable to luxury manufacturers. They are loyal and high wealth. All the European luxury brands sell wagons in the States. BMW won’t be the lone exception. Wagons are an important niche for luxury makers despite the low volume, and now there are rumors circulating the A6 Avant is coming back next year.
I don’t know. The reports have been pretty consistent for over a year that we won’t get the G20 wagon version in the US. BMW North America has done a lot of things lately that go against the grain.
But the rumors always circulate. For every generation. For every make. “This is the last 3 wagon,” “This is the last E wagon,” and so on. And the next one always comes along.
Guess the market has spoken and doesn’t want a wagon. Or Sportback either…
Not surprised. Wagons just can’t catch on no matter how many have tried in Merica
gaaah these comments make me so sad. I am absolutely convinced that buyers would be more than willing to consider a wagon if the numbers make sense. Manufacturers simply offer no incentives on any wagon on sale in the US. If you could get a Tour X for $199-250 a month or a E Wagon for $350-400 they’d be flying out the door, but they make more profit on SUV’s so that’s what gets the support.
That’s a big ask on a 35k Regal. They would take a bath on it when it returned. I paid 295 for the last gen sedan, and they took a 6k hit on it when I gave them back the keys.
As much as I like wagons, the rest of the market does not. Look at the USDM demise of the following:
C class wagon
5 series wagon
All Audi wagons (true ones, not an Allroad)
Passat wagon
Jetta wagon (yes, Golf wagon exists but with the US Jetta being larger it’s a different niche)
Even the ones that are left are imported in tiny quantities (Eg E class). There would be others in an alternative universe (CLA, 1/2 series, etc).
The Jetta wagon is still around. The Jetta Wagon has always been a Golf Wagon. It’s just VW decided to give it the Jetta name in the U.S.
And look at what we’ve gained - XF, Panamera, V60 returned, V90 returned. And the C wagon returned to Canada, so who knows, could come back to the States, too.