[Vaticous]

I recently built and put down a deposit on a 2023 M240i that has not entered production yet. After the M2 was announced, I spoke with my salesman who assured me the M240i can still be built and delivered without me needing to take ownership of it since I would like to get into an M2 instead. I was also told that he would let me know if and when his dealer hears about its M2 allocations.

Question: Should I still demand that the build on the M240i be cancelled and my deposit refunded? In theory, I would like to shift my deposit onto an M2 but it seems unlikely that BMW would be willing to build two cars under one deposit, if I can even get an M2 allocation. Not for nothing, but I am reading a lot of information here regarding order banks/allocations/etc. that he doesn't seem to know and it makes me less confident in the restructuring of this deal under his guidance.

[makethiscardriveable]

Not sure others experiences on this but it doesnt seem too hard to get an allocation for this car, multiple dealers offering me the 2nd spot for an allocation, not sure if its just not as desirable as the F87 was or what

[Schn3ll]

BMW corporate doesn't collect the deposit, the dealer does. You can conceivably order as many cars as the dealer allows without repercussions.

The dealer gets an allocation from the factory, the dealer inputs the order (whether it's a stock or customer order) and then once it arrives either a customer purchases the car or the dealership puts the car into inventory.

No reason you can't shift your deposit from one car to another, and no dealership is going to be sad they have an extra 240i to sell in their inventory.

TL;DR Deposit is with the dealership so just work it out with them.

[Game]

Originally Posted by makethiscardriveable

Not sure others experiences on this but it doesnt seem too hard to get an allocation for this car, multiple dealers offering me the 2nd spot for an allocation, not sure if its just not as desirable as the F87 was or what

Not sure if I believe that.

If it's true you should be receiving some PM's asking for that dealers info.

[makethiscardriveable]

Originally Posted by Game

Not sure if I believe that.

If it's true you should be receiving some PM's asking for that dealers info.

Not sure if they are lying or not but thats what I heard from multiple dealers in my market

[LivingInSalt]

Originally Posted by makethiscardriveable

Not sure if they are lying or not but thats what I heard from multiple dealers in my market

What are they charging you to get to that spot on the list?

[makethiscardriveable]

Originally Posted by LivingInSalt

What are they charging you to get to that spot on the list?

1k or 5k deposit depending on dealer

[LivingInSalt]

Originally Posted by makethiscardriveable

1k or 5k deposit depending on dealer

so at MSRP?

[makethiscardriveable]

Originally Posted by LivingInSalt

so at MSRP?

Correct

[Denver Coutu]

I am a client advisor in Canada and if you were my client i would untag the M240i order from your name and then move your deposit to a BOS for a M2 and keep your original sold date for the M2 waitlist.

[Vaticous]

Originally Posted by Denver Coutu

I am a client advisor in Canada and if you were my client i would untag the M240i order from your name and then move your deposit to a BOS for a M2 and keep your original sold date for the M2 waitlist.

Would this be something I could (or should) ask him to do for me? I would assume not every BMW dealership handles this process in the same way, but I don't want to miss my chance at being early on the waitlist if that opportunity hasn't already passed.

P.S. Big fan of your M240i videos - they helped me decide on initially ordering the car

[Denver Coutu]

Originally Posted by Vaticous

Would this be something I could (or should) ask him to do for me? I would assume not every BMW dealership handles this process in the same way, but I don't want to miss my chance at being early on the waitlist if that opportunity hasn't already passed.

P.S. Big fan of your M240i videos - they helped me decide on initially ordering the car

Yes you should ask your client advisor to do that and they should get you to sign a M2 BOS.

Appreciate you watching my videos!

[ScullyD]

Originally Posted by makethiscardriveable

Not sure others experiences on this but it doesnt seem too hard to get an allocation for this car, multiple dealers offering me the 2nd spot for an allocation, not sure if its just not as desirable as the F87 was or what

This is going to be an extremely easy car to get. For one, it's built in Mexico which facilitates ease of transporting cars to the US compared to Germany. Because of that, and the strength of the US dollar, bmw probably makes more money selling the M2 to a US customer than any other country.

Couple that to the fact that this model is running until the end of the decade, getting an allocation is going to be extremely easy at some point. So please don't pay an ADM for an allocation.

I had two dealers I work with regularly ask me if I wanted to get an MSRP immediate order in (which I turned down)

[02M3ForMe]

I wouldn’t count on this car being easy to get for the first year or so. Even G42 M240is aren’t that plentiful and that’s likely a higher volume product. We’re at least 6 months from the first cars hitting the road and no allocations have been distributed; expect the situation to get tougher as hype from impending deliveries builds and it becomes clearer what the actual allotment will be. That said, my semi-local high volume store already has ~40 people on their list.

No need for ADM, but don’t rest on your laurels if you want to take delivery in 2023.

[makethiscardriveable]

Originally Posted by ScullyD

This is going to be an extremely easy car to get. For one, it's built in Mexico which facilitates ease of transporting cars to the US compared to Germany. Because of that, and the strength of the US dollar, bmw probably makes more money selling the M2 to a US customer than any other country.

Couple that to the fact that this model is running until the end of the decade, getting an allocation is going to be extremely easy at some point. So please don't pay an ADM for an allocation.

I had two dealers I work with regularly ask me if I wanted to get an MSRP immediate order in (which I turned down)

My thoughts as well, I dont think this car will be particularly hard to get. Although BMW would like people to think it is

[P1]

Originally Posted by makethiscardriveable

My thoughts as well, I dont think this car will be particularly hard to get. Although BMW would like people to think it is

Correct. You'd be an idiot to pay over MSRP and really should be shooting for a few points below sticker.

[atl_1M]

Originally Posted by P1

Correct. You'd be an idiot to pay over MSRP and really should be shooting for a few points below sticker.

Speaking of which, has anyone been able to negotiate a discount yet?

[Game]

Originally Posted by ScullyD

This is going to be an extremely easy car to get. For one, it's built in Mexico which facilitates ease of transporting cars to the US compared to Germany. Because of that, and the strength of the US dollar, bmw probably makes more money selling the M2 to a US customer than any other country.

Couple that to the fact that this model is running until the end of the decade, getting an allocation is going to be extremely easy at some point. So please don't pay an ADM for an allocation.

I had two dealers I work with regularly ask me if I wanted to get an MSRP immediate order in (which I turned down)

Where are you getting any of your info? You're constantly wrong and giving out bad information so confidently..

The only way it'll be "extremely easy" to get this car is if you have the patience to wait 6+ months to get one. This isn't 2018 anymore. There will always be a line to get one...just like the G8X.

[Game]

Originally Posted by P1

Correct. You'd be an idiot to pay over MSRP and really should be shooting for a few points below sticker.

All depends on your market. Plenty of dealers still sell ADM and people pay it. Unless you have a relationship with a dealer, I think you'd struggle to get a discount on one.

Originally Posted by makethiscardriveable

My thoughts as well, I dont think this car will be particularly hard to get. Although BMW would like people to think it is

Depends on what you mean by "hard to get". This won't be a readily available car like the X3.

[02M3ForMe]

Nearly a year after the first G42 allocations, there are only about 40 new M240is listed nationwide on the usual classified sites. Contrast that with 200+ M4s and 100+ M3s, and those cars still have waitlists at many stores. There is no evidence that the G87 is going to be easy to get.

Originally Posted by P1

Correct. You'd be an idiot to pay over MSRP and really should be shooting for a few points below sticker.

This is ridiculous. If you expect to walk into a dealer and get a G87 allocation at a discount any time before 2024 without the world having melted down or some other macroeconomic disaster that destroys overall demand, you’re going to be disappointed.

[ScullyD]

Originally Posted by Game

Where are you getting any of your info? You're constantly wrong and giving out bad information so confidently..

The only way it'll be "extremely easy" to get this car is if you have the patience to wait 6+ months to get one. This isn't 2018 anymore. There will always be a line to get one...just like the G8X.

First off, customer deliveries of the M2 don't start until May, so everyone is looking at a minimum 6 month wait for the first car let alone people slightly farther down on the list.

I'm sure a bunch of dealerships would love to sell their first allocation at an ADM for those that have to have the car in May. Most people if they got on a waiting list today won't see their car for 9 months at best. That's ultimately based on release date.

But this is not a limited car and it has an 8 year model cycle. Everyone that wants one now is getting one, probably in the next couple years. It's not like this is a GT4 RS, where if they build as many as there is demand before they shut down ICE production, they will still run out of build slots.

Anyone suggesting otherwise, is just hoping they can order a car and flip it for a profit. In the current economic conditions, that's not going to happen.

[Game]

Originally Posted by ScullyD

First off, customer deliveries of the M2 don't start until May, so everyone is looking at a minimum 6 month wait for the first car let alone people slightly farther down on the list.

I'm sure a bunch of dealerships would love to sell their first allocation at an ADM for those that have to have the car in May. Most people if they got on a waiting list today won't see their car for 9 months at best. That's ultimately based on release date.

But this is not a limited car and it has an 8 year model cycle. Everyone that wants one now is getting one, probably in the next couple years. It's not like this is a GT4 RS, where if they build as many as there is demand before they shut down ICE production, they will still run out of build slots.

Anyone suggesting otherwise, is just hoping they can order a car and flip it for a profit. In the current economic conditions, that's not going to happen.

Actually deliveries will begin in April, with cars starting to reach dealers in March (mostly likely only the HEA).

The car is definitely not a limited production car in the sense that they're only going to produce X amount and be done...but there will be a substantial wait for them just like there's still a wait to get a G8X. BMW is not busting out these cars to sit on lots anymore. There is a new allocation process to ensure this.

Stores are going to only be allocated 0-2 per month. Then add 3 months (if all goes according to plan) for the car to get here once you finally get a slot. You're looking at a long wait. My store currently has 11 people in line and once the car is up on the builder...that number will spike. If you do the math, these people will already be waiting a year to get one and that list is only going to continue to grow.