Quote:
Originally Posted by dms
Well, it also depends on the number that BMW decides to build. I think that they were caught a little flatfooted and built way too many 08s, resulting in the oversupply and therefore soft prices. I'm pretty sure that production rate is set far in advance with supplier contracts, and and BMW didn't have the option to really slow down.
If I were the product planner at BMW, I would revise my 09 supplier contracts to make it less likely I'd build too many. Prices for 09s next summer might be less soft.
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I went to the BMW Munich factory where I saw production of the 3 series and the 3tis on the same production line, they also informed us that all their production lines are capable of producing any model and multiple different models could be produced simultaneously on the same production line, which gives BMW the unique capability to increase or reduce production of a specific model without having to shut down entire production lines. I therefore agree that the production of 09s destined for specially the US market will be low, they might still produce other variants of the X5 where the demand is still high.
On my end I got a great dealof 8k below MSRP and 3k below wholesale/invoice, if you include the premium pkg discount, I got it for 1k below invoice. The dealer said they were selling it for a loss, possibly to move inventory and if someone else's statement is correct, to get the 3% manufacturer holdback. I also got the .9% financing with 0 down, which made the deal a no brainer:rofl:
Good Luck
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