[Carefree]

He’s a car salesman. One step below a politician on the evolutionary scale.

[hoyasaxa]

Originally Posted by StickyPickle

Sounds like they’re prepping you for trying to charge ADM on your vehicle, lying to you about the high demand and ….

I get that car dealerships are in this to make a living and want to make as much money as possible and if a dealership is charging ADM, just be honest about it. They won’t get any business from me but it’s totally their prerogative to ask for it. It’s shit like this though that is 100% unacceptable.

It’s their prerogative to ask for it before a deposit is placed on the understanding sale price will be MSRP. Once you’ve put your deposit down in reliance on that, they are in very, very murky waters trying to change the deal terms.

[CodeSlinger]

Originally Posted by StickyPickle

Sounds like they’re prepping you for trying to charge ADM on your vehicle, lying to you about the high demand and long list. They may tell you they have others paying ADM so they can’t honor your agreement anymore. It would be a very shitty and bold tactic to pull on someone.

I get that car dealerships are in this to make a living and want to make as much money as possible and if a dealership is charging ADM, just be honest about it. They won’t get any business from me but it’s totally their prerogative to ask for it. It’s shit like this though that is 100% unacceptable.

Yeah, we'll see. It wouldn't shock me, but they've already tried that once on me, I told them to fuck off since they gave me a MSRP sales agreement before and they backed down. From what other people have said it sounds like they are normally an MSRP dealer and it was just my sales guy trying to get extra money.

My hunch is he's just saying it (the huge list with many others paying a markup) to make me think he's a great guy and I should owe him for it.

[Tag]

Originally Posted by StickyPickle

...
I get that car dealerships are in this to make a living and want to make as much money as possible and if a dealership is charging ADM, just be honest about it. They won’t get any business from me but it’s totally their prerogative to ask for it. It’s shit like this though that is 100% unacceptable.

We're also trying to make a living by not getting price gouged and being smart about how we spend our $$$. Selling at MSRP and even ADM is a relatively new phenomenon which dealers are doing on practically every new car now. It wasn't that long ago when you use to be able to buy a car below MSRP but those days for the most part are gone now. Dealers however are digging their own graves with this tactic. People are sick of all the BS and are demanding car manufactures do something. Many manufacturers are looking at ways to directly sell you a car. There are challenges with that, but they are looking at ways to make it happen.

[Rx-7ames]

Originally Posted by AndyinHou

When you were at the Toyota dealership, how much of the ADM would go back to you?

It counted as gross profit. It's pretty normal to make 25% of gross profit on your commission.

[Game]

Anyone's HEA on the Glovis Companion?

[Rx-7ames]

I believe it is the dealer's prerogative to disclose ADM before they take a deposit, but it's also the responsibility of the buyer to make sure they know what they're buying.

I always get the client to agree to MSRP before taking an order or deposit and get it in writing, but my motivation is different. I've had numerous customers try to get a discount after the car arrives and I've even had people back out of a deal after placing a custom order.

I feel a customer renegotiating after agreeing to MSRP is just as bad as a dealer trying to add ADM after agreeing to MSRP. This can be a disgusting industry on both sides.

[rangerfan94]

Originally Posted by Rx-7ames

I believe it is the dealer's prerogative to disclose ADM before they take a deposit, but it's also the responsibility of the buyer to make sure they know what they're buying.

I always get the client to agree to MSRP before taking an order or deposit and get it in writing, but my motivation is different. I've had numerous customers try to get a discount after the car arrives and I've even had people back out of a deal after placing a custom order.

I feel a customer renegotiating after agreeing to MSRP is just as bad as a dealer trying to add ADM after agreeing to MSRP. This can be a disgusting industry on both sides.

I have so many problems with this statement that I am not even sure where to begin. Both sides? Seriously?!? I'll be respectful and hold my tongue, and will only say that if you didn't get a large enough deposit on the custom order that was not delivered, and the car ended up being a non-saleable ugly unicorn, shame on your shop for not requiring a larger deposit.

[02M3ForMe]

Originally Posted by Game

Anyone's HEA on the Glovis Companion?

Mine. It appears to be back on its way to the USA today. Current ETA to Port Brunswick (Georgia) is 3/10.

[Rx-7ames]

Originally Posted by rangerfan94

I have so many problems with this statement that I am not even sure where to begin. Both sides? Seriously?!? I'll be respectful and hold my tongue, and will only say that if you didn't get a large enough deposit on the custom order that was not delivered, and the car ended up being a non-saleable ugly unicorn, shame on your shop for not requiring a larger deposit.

We could require a larger deposit but all deposits are refundable. Keeping a deposit is a little skeezy isn't it? The client ordered an X6 M50 with every option checked. We don't sell X6 M50 at our store. It will sit here forever losing us money on flooring. But we refunded the deposit. That's the right thing to do. So yes, there are problems on both sides of the car business. All I can do is make sure that my transactions are honest and ethical on my side.

[02M3ForMe]

Originally Posted by Rx-7ames

I believe it is the dealer's prerogative to disclose ADM before they take a deposit, but it's also the responsibility of the buyer to make sure they know what they're buying.

I always get the client to agree to MSRP before taking an order or deposit and get it in writing, but my motivation is different. I've had numerous customers try to get a discount after the car arrives and I've even had people back out of a deal after placing a custom order.

I feel a customer renegotiating after agreeing to MSRP is just as bad as a dealer trying to add ADM after agreeing to MSRP. This can be a disgusting industry on both sides.

Agreed.

Regarding ADMs in a seller's market, not sure how that's any different than customers wanting discounts when it's a buyer's market.

Of course, the most successful businesses consider and incorporate tolerance for unreliable/finicky/fickle customers when firming up their business models. Ultimately, the businesses that allow themselves to be held to the highest possible standards regardless of the customer's behavior tend to acquire more customers and make more money in the long run.

[JustinHEMI]

Originally Posted by Rx-7ames

I believe it is the dealer's prerogative to disclose ADM before they take a deposit, but it's also the responsibility of the buyer to make sure they know what they're buying.

I always get the client to agree to MSRP before taking an order or deposit and get it in writing, but my motivation is different. I've had numerous customers try to get a discount after the car arrives and I've even had people back out of a deal after placing a custom order.

I feel a customer renegotiating after agreeing to MSRP is just as bad as a dealer trying to add ADM after agreeing to MSRP. This can be a disgusting industry on both sides.

Absolutely agree.

[xraymd]

Originally Posted by Game

Anyone's HEA on the Glovis Companion?

Yep. Left Altamira today just after noon Eastern.

[Game]

Originally Posted by xraymd

Yep. Left Altamira today just after noon Eastern.

Disappointing. That boat was supposed to have left 2/24 and arrived in Baltimore 3/4.

[xraymd]

Originally Posted by Game

Disappointing. That boat was supposed to have left 2/24 and arrived in Baltimore 3/4.

It was bizarre. It left Altamira to go to Tampa. Then it turned around and went back to Altamira again.

[Game]

Originally Posted by xraymd

It was bizarre. It left Altamira to go to Tampa. Then it turned around and went back to Altamira again.

Oh wow...captain probably left his wallet in Mexico.

[Carefree]

Originally Posted by xraymd

It was bizarre. It left Altamira to go to Tampa. Then it turned around and went back to Altamira again.

The cartel hadn’t finished the paperwork for release.

[BadgerDog]

Originally Posted by deneed4spd

Maybe that’s a problem with bmw. They should stop comparing it to their own lineup. Maybe that’s why the m2 came out ugly since they used the m4 as a basis. If they compared it to a rs3 or BW or Porsche, they would have design it to actually look good. And stop using a subpar manual when a CTR or BW which are both low volume have better ones.
On the flip side, I am intrigued how this will perform across all competitors.

Came out ugly? Are you blind? It's a gorgeous car!

[BadgerDog]

Originally Posted by hoyasaxa

They’re lying so that you think you got a good deal and so that you don’t look for another dealership and pull your deposit. They’re lying so that it creates the false impression the list is longer than it really is so you think your relative position is better than it really was.

It's this 100%. It's a classic sales tactic to make the person feel locked in because they stand to lose something they don't stand to lose.

It's like if you're looking at a used car and the other person tells you they have other interested parties. They might just be saying that to get you to buy. Different scenario but same basic idea.

[BadgerDog]

I'm entertained by the comments early in this thread about how much bmw is screwing up the release.

... Right next to all the comments about how it's impossible to get one of these cars because they're all selling.

Sounds like a hell of a successful launch to me, but what do I know?

[markcu24]

Originally Posted by hoyasaxa

These dealers really bank on having an information advantage and gambling they won’t find a litigious customer (or that litigation is economically irrational). If a dealer verbally agrees to sell you a car at a particular price, that’s a contract. If they fail to deliver it they can be sued for damages, which is usually the cost to cover. If the thing is that hard to get, they can be forced to sell that very one to you.

Same goes for emails promising a particular price.

The guy earlier in the thread saying his salesman is lying to him: that salesman is committing an actual crime. Any material false statements that cause a customer to part with money are criminal. Including your deposit. It’s just outright fraud. Allaying statements designed to conceal the fraud for longer (such as “you’re number X on the list, it’s coming,” when in fact you’re not or you’re being skipped) are criminal, too.

All these guys are just hoping and praying they won’t get caught and assuming that, if they do, customers won’t do anything.

Contracts need Offer, Acceptance, Consideration to be binding, typically. Offer and acceptance alone is not enough. Once you exchange some money, product, service, etc (deposit for example) then you have consideration and a binding contract in most States.

[Kingsingh15]

Mines been sitting at the New Jersey port for 3 weeks now