08-14-2021, 09:51 AM | #1 |
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How might this impact BMW v8s?
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08-14-2021, 10:01 AM | #2 |
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What????? If this is for real, stock in the V8TT models are going to go through the roof. Nothing like telling the affluent they can’t have something they want. It’s almost a perfect marketing campaign. Look at Rolex and any new SS Professional model.
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08-14-2021, 10:55 AM | #4 |
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Rolex isn't a supply chain issue though. It's a demand issue with jewelry stores making you buy crap you don't need. Then they will "allow" you to buy a sport model if you spend enough with them. I've bought two Omegas this year for the simple fact I do not have time to play games with AD's and I'm not paying double or triple retail. With that said, someone should start buying up the used V8's!!
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08-14-2021, 01:27 PM | #6 |
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I just traded my wife's 2020 GLE580 on a 2021 Porsche Cayenne E-Hybrid. The Porsche dealer gave me $3k less than I paid on a 16 month old vehicle with 9,000 miles. I thought that was a good deal considering, I negotiated $5k off the Cayenne.
If this happens with BMW, I feel sorry for those who need the new car smell, or prefer to lease. |
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08-14-2021, 02:16 PM | #7 |
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OT: I have been in the watch game for over 30 years. Things were bad 3 years ago. Covid did close down the Rolex factory and made production even lower than demand. Now with so much money floating around for luxury goods and the new wave of watch flippers that were flipping sneakers 4 years ago and have discovered Rolex, it’s only getting worse. It’s not just Rolex but AP and PP that are riding the wave. I am convinced with the new Sub41 and nfc warranty cards that Rolex is slowing down and controlling new SS models production in a more controlled pace. I have watched the distribution for the last 9 months since introduction before purchasing a 126610LN and it’s at a trickle. This coming from a guy that bought his Hulk and Daytona way below msrp when no one wanted a green Sub and you couldn’t give a Daytona away with a Zeinth movement. I have a very good working relationship with several big grey dealers and have always purchased through them for decades when their prices were below msrp. I am a capitalist tool and believe in the division of retail sales and customer so no AD games in my horological world.
Last edited by MystroX5; 08-14-2021 at 02:35 PM.. |
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08-14-2021, 02:38 PM | #8 |
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Rolex drives me crazy. Glad I bought my blue/black GMT below MSRP a few years ago. After I got it they were harder to get and prices started going up quick. I would love a ceramic Daytona won’t play the Rolex game anymore with the waiting and markups.
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08-14-2021, 07:19 PM | #9 |
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yuuuup. demand is off the charts with the new upper middle class into low upper class gaining numbers all the time, driving demand up, creating a swelling grey market. There are only so many people in Switzerland to build them
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08-15-2021, 04:53 PM | #10 | |
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Cross-continent road trip journal from BMW PCD to Alaska in new X7 M50i in this thread HERE!
New EVEN BIGGER road trip in X5 from BMW PCD to Alaska NOW ONGOING LIVE IN THIS THREAD! Wilderness road trip journal to Eastern Alaska in this thread And road trip journal to Denali and the Arctic Circle here in this thread! |
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08-16-2021, 10:12 AM | #11 | |
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08-16-2021, 12:56 PM | #12 | |
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Nobody outside of MB knows why yet. |
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08-16-2021, 02:59 PM | #13 | ||
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https://www.autoblog.com/amp/2021/08...v8-sales-2022/ Seems legit. |
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08-18-2021, 12:29 PM | #14 |
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Once my current lease expires, I'm really curious what's going to happen.
Under normal circumstances, a fully loaded luxury vehicle had tons of negative equity so you just turned it in, not even thinking about buying it. Right now, I'm not so sure this will necessarily be the case with my current X7 as well if things remain the same (or supply gets even worse).
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08-18-2021, 12:54 PM | #15 | |
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Last edited by MystroX5; 08-18-2021 at 01:04 PM.. |
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08-18-2021, 01:01 PM | #16 | |
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08-18-2021, 01:06 PM | #17 | |
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My neighbor is a vip in VW NA and he told me he is buying out his company car lease and expects it to be bad past 2024. |
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08-18-2021, 02:32 PM | #18 |
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Wow, yeah...
I just went to KBB and although their values were a bit inflated in the past (of course, I don't know if that is still the case), they list the trade-in between $88,324 and $95,382. I have about 18 months left on my lease (of 36) and my pay-off is $97,500. That's quite impressive. On my previous Audi Q7, I would have been about $25K upside down - LOL!
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08-18-2021, 03:14 PM | #19 | |
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08-18-2021, 03:14 PM | #20 | |
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Last edited by MystroX5; 08-18-2021 at 04:09 PM.. |
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08-18-2021, 04:27 PM | #21 | |
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Also tried my wife's 2016 X3 with 31k miles, they only offered $14k. |
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08-18-2021, 04:41 PM | #22 |
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Yup, it's hit or miss. Sometimes you just have to talk to vroom. Both were significantly higher than local dealers at the time. Car max is another option.
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