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monacobmw
06-17-2012, 09:41 AM
Hi, I am moving up from the 2010 550i to the 640i. I have not made any posts here, but I was a frequent commentator on another forum for the 5 series.
The timing of this new 6-series model with a 535i engine was perfect as I thought that the HP on my 550i was a waste of money due to poor initial response of the throttle. The 7-series was too "old" for me.

I plan to order the car and wait the 60 days for delivery as always. I went to a dealer which told me that that it will sell the car only for MSRP. The claim was that the demand exceeds supply. I was amazed that a dealer would be so bold. This is a nice car, but it joins a very crowded market, and I don't see the demand far exceeding supply (especially on the 640i compared to the 650i). The dealers have sheets that show various models in production, and there does not seem to be any backup.

I was offering $2500 above invoice price, which is fairly standard for a car that is ordered from the factory (no inventory holding charges for the dealer). The MSRP is around $76k and the invoice price is around $70k. Does anyone think that the dealer was right to suggest that I should pay MSRP? Has anyone heard that there is scarce supply right now?

Stealth.Pilot
06-17-2012, 05:27 PM
Hi, I am moving up from the 2010 550i to the 640i. I have not made any posts here, but I was a frequent commentator on another forum for the 5 series.
The timing of this new 6-series model with a 535i engine was perfect as I thought that the HP on my 550i was a waste of money due to poor initial response of the throttle. The 7-series was too "old" for me.

I plan to order the car and wait the 60 days for delivery as always. I went to a dealer which told me that that it will sell the car only for MSRP. The claim was that the demand exceeds supply. I was amazed that a dealer would be so bold. This is a nice car, but it joins a very crowded market, and I don't see the demand far exceeding supply (especially on the 640i compared to the 650i). The dealers have sheets that show various models in production, and there does not seem to be any backup.

I was offering $2500 above invoice price, which is fairly standard for a car that is ordered from the factory (no inventory holding charges for the dealer). The MSRP is around $76k and the invoice price is around $70k. Does anyone think that the dealer was right to suggest that I should pay MSRP? Has anyone heard that there is scarce supply right now?

In Miami you won't do better than MSRP. You may want to try Adrian at BMW of South Atlanta. He may do a deal.

ish
06-17-2012, 06:24 PM
Simple supply and demand..........if it bothers you that much.....wait

tim330i
06-18-2012, 07:38 AM
Check with the Bimmerfest dealership sponsors, I have a feeling you can get a better deal.

Good luck,
Tim

monacobmw
06-21-2012, 07:04 PM
I am back. Now, one of the dealers is telling me that each dealer will be allocated only 10 cars until the end of the year, so they are each looking for MSRP because the units are limited.
I like when the dealers try to create an artificial supply/demand curve in their mind to try to charge a higher price.
The manufacturing line will contine to pump out new cars just like the 5-series line, but the dealers act as if the Grand Coupe line will suddenly stop and all of the new available cars will be taken (leaving a shortage).
I guess that the first people to reserve a new line of Apple IPad would also pay a lot more than the next wave of people. However, Apple is not stupid enough to allow its dealers to charge a premium to the first group for fear that initial sales as a whole would show a slump.
The irony is that the dealers themselves may cause this vehicle to show poor initial sales which could doom the entire line of vehicles in the United States. BMW should be trying to get these cars on the road so others want them.
The car is already $10k more than the competitors, so if the dealers want another $5-7K premium, they will no doubt cause sales to look horrible in the initial months.
Oh, the games the dealers play.

Sandlapper
06-22-2012, 03:01 PM
I think some of the hype will come off the 640i when the 650i comes out. If you want the smaller engine, wait and the price will fall soon enough when the V8s come out. When I drive our 2011 535i and then our 2012, I love the juice in the 6 V8 too much. Bet the deals will come quickly enough on the 640i GC.:p

Ace535i
06-24-2012, 07:14 PM
Hi, I am moving up from the 2010 550i to the 640i. I have not made any posts here, but I was a frequent commentator on another forum for the 5 series.
The timing of this new 6-series model with a 535i engine was perfect as I thought that the HP on my 550i was a waste of money due to poor initial response of the throttle. The 7-series was too "old" for me.

I plan to order the car and wait the 60 days for delivery as always. I went to a dealer which told me that that it will sell the car only for MSRP. The claim was that the demand exceeds supply. I was amazed that a dealer would be so bold. This is a nice car, but it joins a very crowded market, and I don't see the demand far exceeding supply (especially on the 640i compared to the 650i). The dealers have sheets that show various models in production, and there does not seem to be any backup.

I was offering $2500 above invoice price, which is fairly standard for a car that is ordered from the factory (no inventory holding charges for the dealer). The MSRP is around $76k and the invoice price is around $70k. Does anyone think that the dealer was right to suggest that I should pay MSRP? Has anyone heard that there is scarce supply right now?

Just count the number of 6-series coupés and convertibles at the dealetships. CLS550 base is 71K and the 650GC will be 86K.

monacobmw
06-24-2012, 09:58 PM
I spent a lot of time this weekend looking at different dealers in my area, and I learned a lot. The South Florida dealers are hilarious. I went to Vista BMW today, and I saw a new 640i with a special dealer sticker that shows a mark-up of $10k for what they call "AMV." I asked what the AMV was, and the dealer told me that it is a special premium charged on the car above the MSRP because the car is supposedly scarce. They also showed a $350 special dealer mark-up for adding a pin-stripe.
Then, I went out of South Florida (north of West Palm), and I saw that every other dealer was happy to sell the car at a few thousand above invoice (some even better). Most are saying that the price on the car is too high to justify high demand, so when the dealers ask for MSRP (or even a $10k premium), they will likely kill the car's prospects for success. Only in South Florida...

The moral of the story is that the South Florida dealers are trying to create the illusion that the vehicle is in scarce supply. I am very happy to "call them all out" in this forum. What they do by trying to create artificial demand is actually a bit dishonest, and the way they do business will likely backfire on them. The internet has changed how sales work, and customers can now just work around them to go to other dealers. Of course, there is a market for the wealthy uncaring person who will walk into the dealer and drop the MSRP plus a premium because they don't care. Most of us, on the other hand, made our money because we are not that silly about how we spend our money.

In researching other makes, I believe that the 640i is priced too high compared to the competition. The Panamera base is probably better car for the price, but BMW has a higher residual for a lease, so the leasing cost for the 640i probably puts the car in a comparable position vis-a-vis the Panamera. I just found a nice $700 refund offered by BMWFS if I download their app and do a test drive for the car. Even nicer!

I like both the GC and the Panamera, and I am having a big problem making a final choice. Both cost about $90-95k with all of the options that I want to add. I am a little strange in that I don't want the powerful engine (but I want all of the nice add ons like an M package), so both the base Panamera and the 640i are good choices. Any insights from the group?

Ace535i
06-24-2012, 10:45 PM
There's a sucker born every minute. Who was the guy that said this famous line??

Stealth.Pilot
06-25-2012, 02:05 AM
I spent a lot of time this weekend looking at different dealers in my area, and I learned a lot. The South Florida dealers are hilarious. I went to Vista BMW today, and I saw a new 640i with a special dealer sticker that shows a mark-up of $10k for what they call "AMV." I asked what the AMV was, and the dealer told me that it is a special premium charged on the car above the MSRP because the car is supposedly scarce. They also showed a $350 special dealer mark-up for adding a pin-stripe.
Then, I went out of South Florida (north of West Palm), and I saw that every other dealer was happy to sell the car at a few thousand above invoice (some even better). Most are saying that the price on the car is too high to justify high demand, so when the dealers ask for MSRP (or even a $10k premium), they will likely kill the car's prospects for success. Only in South Florida...

I like both the GC and the Panamera, and I am having a big problem making a final choice. Both cost about $90-95k with all of the options that I want to add. I am a little strange in that I don't want the powerful engine (but I want all of the nice add ons like an M package), so both the base Panamera and the 640i are good choices. Any insights from the group?

Thanks for calling out the south Florida dealers. They are a bunch of con artists and BMW should be ashamed of them.

Regarding your choice - I prefer the GC because it has a lot of cool tech whereas the Porsche seems like a more analog car to me.

That said the Porsche will likely hold it's value better as the BMW is overpriced somewhat. If dealers are selling a new model at just over invoice then something is wrong.

If you go Panamera you should aim for $10k off MSRP. That's what kind of deal I was seeing before I decided to go M5.

Technic
06-25-2012, 07:36 AM
I spent a lot of time this weekend looking at different dealers in my area, and I learned a lot. The South Florida dealers are hilarious. I went to Vista BMW today, and I saw a new 640i with a special dealer sticker that shows a mark-up of $10k for what they call "AMV." I asked what the AMV was, and the dealer told me that it is a special premium charged on the car above the MSRP because the car is supposedly scarce. They also showed a $350 special dealer mark-up for adding a pin-stripe.
Then, I went out of South Florida (north of West Palm), and I saw that every other dealer was happy to sell the car at a few thousand above invoice (some even better). Most are saying that the price on the car is too high to justify high demand, so when the dealers ask for MSRP (or even a $10k premium), they will likely kill the car's prospects for success. Only in South Florida...

The moral of the story is that the South Florida dealers are trying to create the illusion that the vehicle is in scarce supply. I am very happy to "call them all out" in this forum. What they do by trying to create artificial demand is actually a bit dishonest, and the way they do business will likely backfire on them. The internet has changed how sales work, and customers can now just work around them to go to other dealers. Of course, there is a market for the wealthy uncaring person who will walk into the dealer and drop the MSRP plus a premium because they don't care. Most of us, on the other hand, made our money because we are not that silly about how we spend our money.

In researching other makes, I believe that the 640i is priced too high compared to the competition. The Panamera base is probably better car for the price, but BMW has a higher residual for a lease, so the leasing cost for the 640i probably puts the car in a comparable position vis-a-vis the Panamera. I just found a nice $700 refund offered by BMWFS if I download their app and do a test drive for the car. Even nicer!

I like both the GC and the Panamera, and I am having a big problem making a final choice. Both cost about $90-95k with all of the options that I want to add. I am a little strange in that I don't want the powerful engine (but I want all of the nice add ons like an M package), so both the base Panamera and the 640i are good choices. Any insights from the group?

Yup, that's Vista for you... :rolleyes:

Greg@Pacific BMW
06-25-2012, 11:24 PM
For the sake of conversation I.Will say that grand coupe production is truly very limited..I believe only around 1,600 or so for whole us market. I think this car will be at msrp for quite a while...

GirlLuvMyBMW640
07-29-2012, 12:37 AM
Just bought a highly spec'd 640i gran Coupe today. Picking it up tomorrow. Very picky about delivery detail in and out. $102,445 MSRP. Got it for $2500 over invoice. End of month deal high volume dealer. Only one in the lot. They've sold one other to date. Tomorrow can't come fast enough. :thumbup:

640GC
07-31-2012, 07:46 AM
What colors inside/outside? Post pictures!

Back2Bimmers4Me
08-22-2012, 05:55 AM
I have been seriously looking for a car for about six months. I have looked at the 7 series, 5 series, Panamera, Jaguar Xj, Audi A8, MB E550, and CLS 550. I was able to cut the list down to the XJ and 550i this summer...until I saw the pics of the GC. Wow. It had 'ME' written all over it. Perfect.

Then, the pricing was announced. Holy crap. The base price, with NO options, is more than a heavily loaded 5 series. By the time I was finished spec'ing it out, the price was slightly higher than my similar spec for a 750i primarily because the dealer would sell the 750i at close to invoice, but wouldn't budge off of the MSRP for the 640i. I love the car, but the pricing BMW and the dealers are shooting for is completely unrealistic.:tsk:

I am not willing to wait around until the prices fall back to earth next year, so I will probably order a 550i this weekend.:thumbup:

Greg

blackpear
08-22-2012, 12:12 PM
New to this forum but thought I would add some info on UK pricing

I just ordered the 640 GC MSport this week and paid £68000 over here, thats $110,000 at current FX.

The dealer says that they expect to sell 2000 each year in the UK and there is unlikely to be heavy discounted in the near future because it is new and demand exceeds supply.

The 640 coupe is a different matter, they have 2000 in stock at UK dealers that they can not sell and are supporting it heavily, offering deals up to £10k off MRSP.

Graeme

TexasJames
08-22-2012, 12:48 PM
I was just offered a 650i GC that is due in to the dealer in about a week for $4,000 off MSRP. And that was their first offer.

GirlLuvMyBMW640
08-22-2012, 04:44 PM
Bought my 640i GC on 7/29/12. Paid $1K over invoice. Only one they had. It was the end of the month and they knew I wasn't pulling their chain. I was not leaving until I got the car for my price. No trade in. Sold my 11' E550 coupe to a close friend. Law school has paid off many times. This was one of them.