Are New G80 M3's Cheaper than Used Ones? Doug Demuro Claims New M3 Price Mark-up is LOW!
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- Опубліковано 31 тра 2024
- In this video, we discuss Doug Demuro's recent Cars and Bid's BMW M3 Price Report and figure out if he is correct about the low 2022 G80 M3 price-mark-up in dealerships across the nation.
Link to Doug Demuro's Market Report: • M3 Market Report: Surp...
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Keywords: G80 M3, BMW, S58 Engine, 2022 BMW M3, Doug Demuro, Cars and Bids. E92 M3, E46 M3, F80 M3.
#G80M3 #DougDemuro #Carsandbids #BMW
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Great explanation. I knew something wasn't right when I was seeing used G80's go for $95K with 10k miles. Probably cheaper order a new one. Can't wait for this bubble to burst.
Hope it never burst lmao people like you will always be waiting
But you’ll be waiting a year for a new one….
I was at the dealership in Brooklyn yesterday. Calculated quoting for a new 2022 M3C G80 XDrive + equipment + NY tax = $86, 395. Then adding a dealership fee of $6,000 makes a total selling price of $92,395
Eh, not 100% agreeing with this one. I paid $103k for my G82 M4. The base, base model, costs $78,800 when I bought mine. So, I specd $24,000 in options. Luckily for me, I paid MSRP. But you are saying, don’t buy a used G80 M3, to just wait. Well, even the allocations are being marked up, in most cases. You’re still getting an allocation from a dealer. It’s not like you can order a car directly from BMW at MSRP. People are still paying markup for allocations. Second: The e46 M3 market, has been inflated for a while. I’m not surprised. I was looking at them 3 years ago, and a fine example with low mileage, was $40,000. The e92 is now in the same category, as far as pricing goes. But, it’s also, as the world eventually shifts to electric cars, the e92 will be the last naturally aspirated M3 and it was also a high revving V8, also worth more money. Also, when it comes to the G8X, again, you can’t order the car, directly from BMW. You have to sit down at a dealer, that actually has an allocation, or put a deposit down, and get on their waiting list, assuming the dealer is even going to be getting any more allocations. Are they even going to tell you if they’re eligible to get any more? Allocations are generally based on their sales performance numbers from previous years. A low end dealer may have sold 10 M3s last year, and may only be allotted 6 allocations, this year. Where a high volume dealer, may have sold 40 or more, and have an allocation coming of 30, or more. And that dealer knows that. So, if you want one, knowing that they’re going to keep a steady flow of allocations, you’re going to pay their allocation markup, or keep looking, elsewhere. It does come down to a simple supply any demand. Browse the BMW forums, and see how long peoples cars are sitting at the port, waiting for parts. Some peoples cars have been built for 2 months, and they’re sitting at the destination port, waiting on RAM (receiver audio modules) my car was stuck at the port only 8 days, so, I really can’t complain. My car took 98 days from order to my driveway. And that’s sitting on the boat for 28, coming from Germany. It’s a dog eat dog world, out there, right now. So, it’s just not that easy to order a car, and expect to get it, in under 6 months, right now. There are massive delays on Laserlights, carbon bucket seats, and parking assistance package, because it comes with 360° cameras. So, are you willing to sit down at a dealer and pay an inflated sales price, or sit down at a dealer, pay an inflated allocation price, order the car, and then be told that some options have been removed from even being able to order them, like carbon bucket seats, laserlights, and 360° cameras? And then saying yes, I’d like to keep those options on my order sheet, and then getting your order pulled from the production schedule, completely, because you want something thru can’t give you, with no ETA when it’s going to be available, or pay a little over for a used car, with everything you want, and you can have it, today? Tough decision.
Lol you bought arguably the worst m3/4 for 100k??? Lol I would of bought a lime rock e90 or even a stupid low mileage e46 and made some money on that in the long run.
@@ivanmartinez632 I like all of the creature comforts. Apple CarPlay not available in either. Heated and cooled seats, all wheel drive. 11.20@ 122 on pump gas. I’d just rather order my car versus buying someone else’s problem. And it’s already fast.
@@ivanmartinez632 Sounds like you've never driven the current one ... it drives so good, it looks so aggressive, it's got so much tech and configurability. Of course, to each his own taste.
I don’t see any problems with used car mark ups, new cars are cheaper because you had to wait 3-5 months for it. It’s the same with everything else in life - you want it quick , you pay more.
The reason is because BMW will not let dealerships put much markup on the vehicles. Or that dealership will not get a large allotment of cars from BMW. But that does not count on use cars😉. So some dealerships used the cars as demos then sale them as used and marked them up to get around the agreement.
That is exactly what I saw as well. I’m looking at cars with 500 miles being purchased a week ago and somehow get traded back into the dealer. I’m like who waits 6-10 months for a car and trades it a week later? Also same thing with 992 GT3, it’s two years or more to get one and see low mileage just get traded back to dealer.
@@THELOF1 Big companies always find the loopholes in the law.
My G80 xDrive "should" be here around late May to early June. I went all out on this build with individual paint & M performance parts. After all said & done, buying at MSRP (No markup) the car is coming in right around $106,XXX after tax/tags/title. I considered the M5 after seeing this but decided this one was best for me....plus the M5 would be about another 20-25k more. Can't wait!!
Congrats on the new M! Did you have to get an allocation? Also what individual color did u go with if you don’t me asking?
@@megamangib Thank you! Yes, so with all G80 orders there can be a lengthy wait list for allocations. I placed deposits at 3 dealers to get the first allocation & cancelled the other 2 (got money back.) I ordered Twilight Purple. Vehicle production is scheduled to be completed Wednesday the 9th. Factories are said to be shutting down soon due to issues from UK suppliers of wiring harnesses.
@@Grumps5 wow that’s crazy i was just thinking how gorgeous the twilight purple looks haha! Do you need an allocation to put an order in (in general) or just need to do that if you want an individual color? Also how much was each deposit for allocation if i may ask?
@@megamangib Thanks! It's becoming a popular color, I cannot wait to get it. The factories are currently shut down right now with everything going on in the Ukraine. Deposits vary by dealership, most of the ones I called ranged from 1500-3000 deposits. Make sure it is 100% refundable of course. You get your name on a list & once they have an allocation for you, you are then able to submit your build. You do not have an actual allocation unless you receive a production # that day. To receive a production # time frame varies by dealerships and how much people are on the list/how many allocations they average a month. Twilight Purple was an additional $4500.00 (Individual Paint)
@@Grumps5 sounds like a process you gotta be patient with fersure. Thank you for the insight I really appreciate it and congrats once again on the G80 🔥😎🤝
I don't understand the issue: if the latest model costs more because of extras you're not forced to take, then just order one without those options. It's a bit strange complaining about having to pay for stuff that didn't even exist during previous generations while you're not obliged to take that stuff. Unless you're really impatient ... but I myself would never buy a new car sitting at a dealership. Just configure, order and wait ...
Great video Zay! - Jack
Its the worst time to buy any car unfortunately. People are just not patient but I agree, unless you absolutely need the car, don't buy a car right now. Hopefully prices will come down eventually but then I am afraid we will have to deal with the cool ICE cars are expensive because all the new cars are EVs
Its better to sell our cars😂
Paid sticker for mine in August, and it was a custom order. BMW in Murray (Salt Lake City) was completely honest with me on the deal. This is the first time I ever paid sticker for a car, but it was also a custom order. They said they had 4 people that offered to buy the car from them at over sticker.
I built my G80 and got it for a little below MSRP with a couple bmw discounts. Still not here yet but I don’t mind the waiting. Should be here in a week but it took 5 months. It’s crazy that we are better off buying it new and not used rn
How much did you pay man? I spec’d a m3 as well and it got to about 86k. How much do you think I’ll pay including taxes and fees?
I have one on order and paid no markup. Only a forced $5k in ceramic coat as an alternate to the markup lol
I do agree with your opinion and explanation of the used market! Although, the E30, E36, and E46 M3 are more than likely never coming back down so I wouldn’t recommend waiting on these older M cars! But definitely E9X, F8X and G8X will all ~hopefully~ settle down here soon!
Great video!!!
Thank you!!
I'm cross shopping a 2018 m3 competition manual to the new g80 manual. A low mileage 2018 f80 with some decent options gets close to 70k. A few examples are more than 70k and even those rarely have the color combo I want. When you factor in the warranty expiring for 2018 cars, the lack of android Auto, and missing things like the new carbon seats, it pushed me to put a deposit down on a g80 allocation. I think when the market corrects in a couple years the f80 will be hit harder vs a new g80 right now. That, and when more people get over the front end and start to accept it.
I gave up looking for a good deal on a used G80. Went ahead and ordered one instead, it’s just going to take close to a year to get it.
Just earned yourself a sub! Great video
Awesome, thank you!
great video
Good video bro
Appreciate it
The 2023 G80 m3 increased its base price. Now has has the idrive 8 big screen. Not a fan of either at all! Giving up my allocation spot I’ve held since January. I wish I could just order the 2022 I’ve had in the build que since the beginning.
Your best bet is to buy one used now, a few dealers still have some 22 inventory left over.
yea bro waiting on mine
Excellent
The G80 is selling for 10k over sticker around here
The xDrives are straight stupid. Consistently selling for over 105k atm.
Never thought I would see the day where crappy American cars are being sold for more then the Germans…GM used to give 15-20k rebates on their corvettes 😂
Crazy how I’m looking for a g80 m3 and this video comes up
What do you think of the current state of the G80 M3 Market? Are you buying one or are you waiting for the bubble to close?
Put my order in at MSRP but I heard California is the highest zone
I guess I got lucky. Ordered it from the dealership, got only what i wanted and paid sticker.
Assuming you're in the DMV, what was the dealership?
@@edwindavidson6285 Passport BMW in Suitland
Doug is right and you are wrong, You are missing his point altogether. Go back and listen to all of what he said and you will then see. He was not talking about options at all but MSRP mark-ups.
Did you watch the whole video? I say that he is right...
I’m seeing $0-$10k over MSRP in SoCal
That is crazy! Definitely not worth it at 10k!
@@ZaysGarage no, I got one @ $5k… disappointing. The slots at lower msrp or no markup went immediately.
@@FreshlySnipes Interesting, did you order yours?
So what i got from this is buy brand new and sell it a year later and get your money back or more 😂
Anyone paying these prices for these new M cars is dumb why buy the worst era of bmw? You can invest in way better m cars like lime rock e90 comp pack e46 and will most likely gain money on the vehicle while the newer bmws are gonna tank so hard it’s insane that people are just buying for the flex sad.
Bro what happened to your glasses
I managed to order my 2022 M3X for MSRP here in So. Flo. it's $96,XXX OTD I got everything except carbon fiber buckets , carbon exterior and no CCB. I put 1k down back in September and my car is due in March / April.
TBII / Tartufo Extended was my play.
Which dealer?