How much can you reduced listed price of a car realistically speaking?

motorguy

neilmcl wrote: »

Nicely done. You're going to enjoy that, a lot

:beer:

Oh yes. Well pleased. :j

At £28K it would have been rude not to.

motorguy

AdrianC wrote: »

Which assumes they're ordering it in.

If it's something lurking in stock, they may be willing to go below cost, just to shift it.

Dealers dont "own" the cars generally until they are in stock six months then they can generally return them or pay for them.

It would be extremely rare for a dealer to have paid for a brand new car, have it for six months then sell it at a loss.

Something would be going very badly wrong for that to happen. A dealer may feign "selling a car at a loss" but the reality is they are making the profit on hitting a volume bonus, so its only a paper loss not an actual one.

There may be exceptions to that but in general discounts bottom out because they'd otherwise be losing money is why some cars you can only get 10% off across any broker, rather than because there is some price fixing.

neilmcl

motorguy wrote: »

:beer:

Oh yes. Well pleased. :j

At £28K it would have been rude not to.

Was going to get one myself but was doing too many miles so stuck with a 120d M Sport instead. Still sort of regret it, considering the M140i would've been around the same price.

motorguy

neilmcl wrote: »

Was going to get one myself but was doing too many miles so stuck with a 120d M Sport instead. Still sort of regret it, considering the M140i would've been around the same price.

If you're doing biggish miles and its any reassurance that you've done the right thing, we're getting 28.9mpg in the M140i....

I think it will loosen up and maybe we'll get early 30's on average but thats going to be as good as it gets.

We dont do big miles so its not a particular issue.

My son had a 120d M Sport - a great car! They respond well to a tuning box and we got his from 177BHP to around 220BHP. Lookup Bluespark or Racechip tuning boxes. It make a big difference to them, particularly given yours would be a higher BHP in the first place.

I'm probably preaching to the converted here but although the car will only ask for a service every 18K+ miles, get an oil and filter change done half way between. They are still prone to premature chain failure and for the sake of £100 a year...

Our Cooper S is chain driven too and i got it serviced there at 9K miles. The M140i will be getting that regime too.

Maybe not such an issue if you plan on just running it under warranty and moving on though.

Scrapit

In practice any vendor will not sell at a price they aren't happy with, courses aside.

It's a shame the forum isn't mobile compatible. Another of its failings.

oscarward

About 10 years ago a friend who ran a peugeot dealership told me they were given discounts for volume selling.


He then said if they reached target +1 then restospective discounts would apply to all sales that sales period.


So if he reached target then he could effectivley sell a car for £0 and still profit.

Car_54

Angus_Og wrote: »

Of course they can, they can stop supplying the dealer.

That is indirect price-fixing. Also illegal.


In the case involving Man United and the FA, Umbro were also fined £6.6 million. "In the course of its investigation, the OFT raided Umbro's HQ in Cheshire and seized documents which detailed a strategy to ensure stores sold their stock at pre-agreed prices. Any retailers refusing were to be struck off its supply list"

owen_money

Angus_Og wrote: »

Of course they can, they can stop supplying the dealer.

Read all of what the UK AND EC COMPETITION LAW says.

And how do you know what the dealer contract says?

You're just splitting hairs, anyway the manufacturer can't set a minimum price, end of.

As Car54 says there are plenty of documented cases.

fred990

Just got 16% off an Alfa Romeo Giulia Quadrifoglio. Feeling hard done by with this talk of 20% off elsewhere.......bummer.
I'll have to go badger them for some freebies before delivery!

motorguy

owen_money wrote: »

Read all of what the UK AND EC COMPETITION LAW says.

And how do you know what the dealer contract says?

You're just splitting hairs, anyway the manufacturer can't set a minimum price, end of.

As Car54 says there are plenty of documented cases.

Which simply reinforces my point that if prices for a particular car bottom out at say, 12% off, its because for a dealer to sell it for less they will be taking a loss.

Shifting volume is not the aim of a car dealership, making profit is.