Major profiteering from a BMW dealer

[B3pete]

Hello guys.

What do you think of this.

BMW sytner high wycombe took in an Alpina B10 as a part exchange for an Alpina B3 bi turbo.

They gave him £8000 for it in PX.

Have a look at this and see what it's on sale for.

. http://www.sytner.co.uk/used-cars/bmw-alpina-saloo...

[Kinky]

Is a business not allowed to make a profit?

[Lost soul]

they are not in it for the love after all , and you mate could always say no to the px if he thought he was getting shafted

[Targarama]

I think the customer should have tried to sell privately. Any main dealer needs to pay VAT, add in a warranty, pay for their chrome and glass showroom (esp. in this case). I guessed £12k for a 'normal' dealer. This price doesn't surprise me.

I bought a loaded Z4 in June for £11.5k privately. I'd test driven one from Sytner, and the sales guy was great but they didn't have quite the right car for me in stock. I couldn't help noticing the test drive car was £15k for less spec than the one I eventually bought...

[NickXX]

That does also seem very, very expensive to me. Would be surprised if anyone offered them anywhere near that amount.

[diffstar]

Let me guess, that was you that trade it in????

[B3pete]

Kinky said:

Is a business not allowed to make a profit?

Are you an old double glazing salesman?

[Lost soul]

B3pete said:

They gave him £8000 for it in PX.

Hold on just re read your original post , should it not read

"He accepted 8000 for it "

He (You) could have said no thank and walked

[Kinky]

B3pete said:

Kinky said:

Is a business not allowed to make a profit?

Are you an old double glazing salesman?

What's that got to do with your mate either being daft enough to give away his motor for peanuts; or a new punter being daft enough to pay over the odds for it.

My guess is that the price is top of book; and your mate gave it away for less than bottom book.

Is that wrong? Absolutely not. Unless you think car dealers, and every other profit-making business in the world, are charities. I take it you work for a charity, and not a profit-making business of some description?

[martin vr6]

Jesus Christ, that is strong money for that car, even taking the warranty and other costs involved

Can't see it selling quickly

[B3pete]

Kinky said:

Is a business not allowed to make a profit?

Well I did ask for opinions ,but "we had that punter over" comes to mind.Yes he didnt have to take it blah blah blah.Your right he was a "mug".

Are you my old sales manager
"you have to f... the f......g f.....s before the f......g f.....s f... you."

[B3pete]

diffstar said:

Let me guess, that was you that trade it in????

Guessed wrong ,it was a guy on the alpina forum the thread is still up. Not me can't afford a B3 Bi turbo.Wish I could, my old B3s was wonderful.With the miles I do the D3 is on my shopping list.

[Kinky]

B3pete said:

"we had that punter over"

Which could be x2 if they find a buyer at that price (where I guess it's top of book price+)

But then it's not as simple as that. What did your mate negotiate on the replacement?

Anyway - bottom line - business is business. Nothing wrong with that. Enough of us around here depend on that to make a living, pay mortgage, etc, etc.

[B3pete]

Kinky ,look we all have our views fair enough.Not my words, however.

We have to service it, replace any worn items & MOT it" - OK, but at trade rates, not retail
"We have to warranty it" - fair enough
"We have to valet it" - that's nice
"We have to make something on it" - yep, that's business
"We need some haggling room" - but £6k's worth?! - and I thought Hexagon were ambitious! I wonder how long that'll sit there...note in the diary to check back after the next Olympics...

Good luck fella ,Pete

[Kinky]

And good luck to them if they sell it

Let's check back in a few months

[dcb]

B3pete said:

"We have to make something on it" - yep, that's business

You also forget to mention that Alpinas aren't mainstream kit.

Low volume specialist cars do have more significant margins
than the high volume mainstream kit.

Something like a BMW 320D is mainstream, Alpina isn't.

[B3pete]

dcb said:

B3pete said:

"We have to make something on it" - yep, that's business

You also forget to mention that Alpinas aren't mainstream kit.

Low volume specialist cars do have more significant margins
than the high volume mainstream kit.

Something like a BMW 320D is mainstream, Alpina isn't.

Fair enough and I also think everybody finds it very hard to price these older Alpinas,officianados included.Also learnt I need to haggle harder!!!!

Edited by B3pete on Sunday 31st January 21:48

[pattyg]

What are people's views on here as to how much the markup should have been for it to be reasonable?

My trade-in is on sale at dealers at the moment and is priced £3k over what he gave me...and I feel he shafted me good and proper but I had to offset the trade in price against the replacement price .. which was one of the cheapest in the country.

[Kinky]

There's no such thing as reasonable.

Any sales person will purchase a product at the cheapest price they can get it for; and sell it for the most they can; as quickly as they can. If they can afford for it to sit on the forecourt for a few weeks/months, then so be it. That's reasonable.

If it's over-priced, then it won't sell. And anyone worth their salt will have researched and know that it's £x over-priced.

[christer]

B3pete said:

.Also learnt I need to haggle harder!!!!

Edited by B3pete on Sunday 31st January 21:48

a

so it wasn't your mate? lol

that's pathetic