Unfortunately, its a cost of business my friend. You have to deal with the tire-kicker kind as well 
regardless of whats happening in the world.
4 Likes
Yup part of the game
1 Like
Not to pile on but yea welcome to sales. Iām in B2B. Weāre all dealing with it. I wouldnāt lash out at customers/potential customers about it. I get it, itās frustrating.
4 Likes
Not lashing out about itā¦ I just donāt want those who are inquiring to constantly ask about covid 19 discounts.
Weāll see what happens with incentives tomorrow.
Yes we will. I dont think we will lose 2019 support
Strongly doubt it, BMW would be screwing their dealer network over bad if they did, considering they lost half the month to sell
Iām curious as to the traffic jam assist option as well. Is it just not very common?
Itās not very common, but there are cars out there with it
BMW Programs have been extended until 4/5
With all due respect, thatās not always the case. I know of 2 South Florida Toyota dealerships that hit their March monthly bonus figures. The reality is that consumers are expecting great deals because theyāre seeing a bunch of PR regarding 0% financing rates. Transparency is key, and you canāt blame people for inquiring to determine if programs got better due to lower MF or greater incentive to hit bonus figures since many dealers knew March was their last real opportunity to get close to bonus; sorry to hear that you guys didnāt. Your limited inventory argument is true, but the reality is that there is still plenty of stock depending on what youāre looking at. Shit, you donāt think dealers will still be sitting on aged inventory after this?
2 Likes
Talking about BMW specifically. Out of the 6 dealerships we work with, none of them hit their retro last month
thank for share <3 <3
no problem <3 <3
Mind sharing which dealers and what source?
Over all Toyota has reported 37% drop in sales for all of US, so unless they altered the monthly goals, and shoved sales through one of their dealership if they own sister stores, I highly doubt.
1 Like
The X3s appear a bit higher than the 330i sedans at the same MSRP. Is that always the case?
Also can you get vehicles with the Executive package? That sounds like the right one for me as i like the park assist.
I like the prices on the March spread, thanks for posting.
Again, dealers arenāt hitting their retros so it doesnāt make sense to sell at a deep loss; especially when they have a whole year to sell a car before programs are cut.
For example, BMW sets a goal for a dealership at 200 cars for the month. If the dealership hits 200 cars they get $1500 in bonus per car.
Lets say, for example, the dealer is pacing 220 cars for the month.
They can afford to sell cars for an extra $1500 in loss because theyāll be getting that money back via retro money.
Ex.
220 Cars sold for an average loss of $2000
Monthly Gross Loss- $440,000
Monthly Retro Reimbursement- $330,000
Net Loss (Before holdback, finance department profits, etc.)- $110,000
Now letās say the dealer is pacing 100 cars for the month at the same loss
100 Cars sold for an average of $2000 loss
Monthly Gross Loss- $200,000
Monthly Retro Reimbursement- $0 (Missed sales goal)
Net Loss (Before holdback, finance department profits, etc. )- $200,000
Thatās almost double the loss BEFORE accounting for money they arenāt getting back from holdback, lost profits from not being able to sell any finance products on the 100 less cars they sold, and money they arenāt getting back from their service department for cars not being on the road as well. On top of this, youāre asking them to be even more aggressive? Even if they went an extra $500 below their usual pricing (Which only makes a $13 payment difference, nothing to get excited over), that would be an extra $75,000 in losses
So again, unless manufacturers Improve programs or Lower dealer target goals so they can meet their retro bonuses, donāt expect dealers to blow their brains out. Theyād rather hold onto inventory until we see better days
13 Likes
As Iāve said before, our deals have not changed at allā¦ We are doing the same aggressive deals that we have always been doing. Please stop commenting on my thread unless youāre looking to buy a car.
1 Like
Gents,
I am looking to trade up from an existing Lease on a 2018 Honda Accord Sport, $19K pay-off on my Accord. Any ideas? Iām in Central Cali.
M4CS in BSM was the move. to bad BMW doesnāt offer BSM for the CS anymore
That 530e deal looks great! I believe it qualifies for SCE rebate ($1,000) so drive-off effectively ends up being $1,500 plus MSD.
2 Likes