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Forum: Ask-A-BMW-Dealer 05-13-2019, 07:51 PM
Replies: 1
Views: 495
Posted By SARAFIL
You can extend 2 months without a new order. ...

You can extend 2 months without a new order. You’ll need an order do do over 2 months.


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Forum: X5 G05 (2018 - Current) 12-15-2018, 08:06 AM
Replies: 4
Views: 1,261
Posted By SARAFIL
There are two styles on the new X5 - “sport” seat...

There are two styles on the new X5 - “sport” seat is standard and “multi-contour” is optional. Both seats include thigh extensions (the old models had “base” seats that did not include thigh...
Forum: Ask-A-BMW-Dealer 10-27-2018, 05:17 PM
Replies: 10
Views: 1,409
Posted By SARAFIL
Pretty sure you don’t have to “re-lock” as long...

Pretty sure you don’t have to “re-lock” as long as you’re still in the 60 day window (90 day on west coast). In your example with an October approval you could pick from Oct, Nov, Dec programs.
...
Forum: Ask-A-BMW-Dealer 08-20-2018, 04:55 PM
Replies: 18
Views: 1,122
Posted By SARAFIL
... but does the $24k for his car already include...

... but does the $24k for his car already include the $4k discount? Not sure what his MSRP was but $28k residual is not unrealistic for a well equipped 328.


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Forum: Ask-A-BMW-Dealer 08-20-2018, 06:48 AM
Replies: 30
Views: 1,983
Posted By SARAFIL
Upside down

+1

I don’t think the $19k is just current mileage penalty. In reality it’s probably the gap between payoff and ACV today, which is partially driven by excess miles and partially just that the car...
Forum: Ask-A-BMW-Dealer 05-25-2018, 07:27 PM
Replies: 5
Views: 700
Posted By SARAFIL
Not likely. BMW has a cap on how much the dealer...

Not likely. BMW has a cap on how much the dealer can mark up the rate, if the dealer exceeded the cap then BMW won’t accept the contract so if there was an error they had no choice if they wanted to...
Forum: Ask-A-BMW-Dealer 09-29-2017, 05:05 AM
Replies: 8
Views: 584
Posted By SARAFIL
In a state like MA, vehicle needs to be...

In a state like MA, vehicle needs to be registered before you take the car off the lot - therefore you can’t take delivery until they have it.


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Forum: Ask-A-BMW-Dealer 07-10-2017, 08:19 PM
Replies: 2
Views: 556
Posted By SARAFIL
There is no "cooling off" period at all for car...

There is no "cooling off" period at all for car purchases in CT (or most other states that I am aware of for that matter) - buyer beware.

http://www.ct.gov/ag/cwp/view.asp?A=2066&Q=292734

...
Forum: Ask-A-BMW-Dealer 06-13-2017, 09:26 PM
Replies: 62
Views: 6,068
Posted By SARAFIL
The brand has definitely changed. And I think...

The brand has definitely changed. And I think what we've seen on their incentive spend, lease programs, maintenance changes is just a bonus for people already complaining about how the cars are...
Forum: Ask-A-BMW-Dealer 06-07-2017, 08:21 PM
Replies: 87
Views: 6,133
Posted By SARAFIL
Gross profits (and commissions for sales people)...

Gross profits (and commissions for sales people) are much higher on used cars. Margins are pretty slim on new cars. However "all-in" after added value payments (aka BMWs version of holdback),...
Forum: Ask-A-BMW-Dealer 04-28-2017, 11:04 AM
Replies: 20
Views: 1,544
Posted By SARAFIL
Yes, sounds to me like the issue is the manager...

Yes, sounds to me like the issue is the manager has the car so you can't see it until he gets back.


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Forum: Ask-A-BMW-Dealer 04-18-2017, 12:23 PM
Replies: 9
Views: 967
Posted By SARAFIL
The dealer can route the car to another dealer...

The dealer can route the car to another dealer but I believe someone at NA (regional manager or distribution office) needs to process that. Selling dealer basically asks BMWNA to process it, but the...
Forum: Ask-A-BMW-Dealer 04-18-2017, 12:11 PM
Replies: 4
Views: 472
Posted By SARAFIL
They started shipping directly at some point as I...

They started shipping directly at some point as I think there is now enough volume to justify it. My parents got a new F30 a few months back from SA. The wait for a ship was a bit longer than usual...
Forum: Ask-A-BMW-Dealer 04-16-2017, 07:37 PM
Replies: 10
Views: 1,179
Posted By SARAFIL
Thoughts on CPO Deal?

In most cases, both of those get CPO. The other example that doesn't get CPO is the car w/ 55k miles that is outside of factory warranty but still CPO eligible, needs brakes and tires and has some...
Forum: Ask-A-BMW-Dealer 03-18-2017, 11:51 AM
Replies: 15
Views: 932
Posted By SARAFIL
dealer liability

(Disclosure - I work in insurance but these opinions are my own)

Damage to a customers car is typically excluded from the general liability policy that the dealer buys, but they can add it by...
Forum: Ask-A-BMW-Dealer 02-27-2017, 08:03 PM
Replies: 3
Views: 760
Posted By SARAFIL
Are you picking up in person or shipping? Some...

Are you picking up in person or shipping? Some dealers have issues with doing leases (or financing) if you are not physically present to take delivery.


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Forum: Ask-A-BMW-Dealer 02-16-2017, 07:10 PM
Replies: 2
Views: 638
Posted By SARAFIL
G30 negotiation advice

That sounds like a great deal if you're a salesperson lol.

OP- do a quick online inventory search, there are lots of dealers listing inventory at large discounts already. You should be able to...
Forum: Ask-A-BMW-Dealer 01-08-2017, 07:50 PM
Replies: 21
Views: 2,532
Posted By SARAFIL
Was the loyalty credit in Nov-Dec lockable with a...

Was the loyalty credit in Nov-Dec lockable with a credit app?


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Forum: Ask-A-BMW-Dealer 12-22-2016, 08:05 AM
Replies: 66
Views: 4,552
Posted By SARAFIL
Just to clarify... it looks like the credit they...

Just to clarify... it looks like the credit they are showing online has 2 pieces. Example is $2500 on 3-series, which is $1000 holiday credit and $1500 stocking stuffer. Are both pieces only for...
Forum: Ask-A-BMW-Dealer 08-14-2016, 10:25 AM
Replies: 2
Views: 682
Posted By SARAFIL
I've been out of the business for a long time...

I've been out of the business for a long time now, but back in the day there was no holdback or AVP on Mini like the BMW program. The dealer margin was strictly the margin between MSRP and invoice.
Forum: Ask-A-BMW-Dealer 07-29-2016, 07:07 AM
Replies: 8
Views: 816
Posted By SARAFIL
BMWFS is top notch. Over the years I've done...

BMWFS is top notch. Over the years I've done traditional financing, traditional leases with/without MSD and also a one pay lease, plus a lease swap. Everything has always been quick and easy and...
Forum: Ask-A-BMW-Dealer 07-25-2016, 06:52 PM
Replies: 21
Views: 2,767
Posted By SARAFIL
I sold BMWs for years... I'm well aware of how...

I sold BMWs for years... I'm well aware of how and where they make money :)

But bottom line is if you're getting a selling price (before rebates or incentives) below invoice you're probably not...
Forum: Ask-A-BMW-Dealer 07-24-2016, 08:09 PM
Replies: 21
Views: 2,767
Posted By SARAFIL
If the dealer is selling well below invoice, they...

If the dealer is selling well below invoice, they have to make a buck somewhere
Forum: Ask-A-BMW-Dealer 07-17-2016, 02:42 PM
Replies: 19
Views: 1,647
Posted By SARAFIL
Congrats. Just picked up a similar MSRP 550 this...

Congrats. Just picked up a similar MSRP 550 this week in Boston area and this deal sounds more reasonable than what you posted earlier!
Forum: Ask-A-BMW-Dealer 07-10-2016, 05:21 PM
Replies: 5
Views: 934
Posted By SARAFIL
Would they prefer 1 sale or 2? :) If you...

Would they prefer 1 sale or 2? :)

If you turn in your car, they get to sell you a new car and possibly resell your old car assuming they decide to buy it from BMWFS.
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