New to the process of ordering a new car

mokrunka · 11-28-2016, 03:47 PM

Hello everyone. I've never bought a completely new car before, and certainly have never spec'd one out and ordered it. I'm considering doing it for a 2017 M2. I've read through the stickies, but they seem to gloss over some of the details.

Is there a deposit required to 'reserve' an allocation? Or is it just an informal waiting list? If so, how much is the deposit, and is it refundable? For example, if I put my name on multiple dealers waiting lists, do I need a deposit for each?

Calling around to dealers in SoCal, I'm hearing everything from 'almost a year' to '6-10 weeks' on delivery times. Why such a big discrepancy?

Does anyone know which dealers (preferably in SoCal) have the most allocations for the M2, or where several people have had luck getting one? I did see the Edmunds list in the sticky, but I'm just looking for feedback on people that have actually ordered one and have a delivery date.

Thank you.

mrcheezle19 · 11-28-2016, 05:23 PM

Go dealer to dealer and start hunting and hope for the best, unless you still wanna pay 2-10k over for a car on the ground. I know BMW Encinitas has several on the ground and trying to hold 5k over but you should be able to knock that down a bit.

jtfields · 11-28-2016, 06:17 PM

At least at my dealer there was no charge to be on the general waiting list. Once you received an allocation there was a $1,000 deposit that became non-refundable once the car actually entered production because at that point changes cannot be made to the configuration.

You'll hear stories all over the place though from dealer to dealer with regards to when the deposit was due and how much. From what I gather California dealers seem to be the worst when it comes to money.

mokrunka · 11-29-2016, 10:37 AM

Quote:

Originally Posted by jtfields

At least at my dealer there was no charge to be on the general waiting list. Once you received an allocation there was a $1,000 deposit that became non-refundable once the car actually entered production because at that point changes cannot be made to the configuration.

You'll hear stories all over the place though from dealer to dealer with regards to when the deposit was due and how much. From what I gather California dealers seem to be the worst when it comes to money.

Spoke with a dealer in SoCal yesterday about this. What I was told lines up with what you've just told me. It seems guesstimated delivery date would be March-ish if I were to take one of their allocations and make the $1k deposit today.

BEM-S4 · 11-29-2016, 02:21 PM

Quote:

Originally Posted by mokrunka

Quote:

Originally Posted by jtfields

At least at my dealer there was no charge to be on the general waiting list. Once you received an allocation there was a $1,000 deposit that became non-refundable once the car actually entered production because at that point changes cannot be made to the configuration.

You'll hear stories all over the place though from dealer to dealer with regards to when the deposit was due and how much. From what I gather California dealers seem to be the worst when it comes to money.

Spoke with a dealer in SoCal yesterday about this. What I was told lines up with what you've just told me. It seems guesstimated delivery date would be March-ish if I were to take one of their allocations and make the $1k deposit today.

Just make sure the deposit is refundable to you at any time before you take delivery at your sole discretion. Options are so limited it's not like you could even order something crazy that they couldn't sell.

11-28-2016, 03:47 PM	#1
mokrunka Second Lieutenant 140 Rep 192 Posts Drives: 2017 BMW M2, 2011 BMW 335i Join Date: Nov 2016 Location: LA iTrader: (0)	New to the process of ordering a new car Hello everyone. I've never bought a completely new car before, and certainly have never spec'd one out and ordered it. I'm considering doing it for a 2017 M2. I've read through the stickies, but they seem to gloss over some of the details. Is there a deposit required to 'reserve' an allocation? Or is it just an informal waiting list? If so, how much is the deposit, and is it refundable? For example, if I put my name on multiple dealers waiting lists, do I need a deposit for each? Calling around to dealers in SoCal, I'm hearing everything from 'almost a year' to '6-10 weeks' on delivery times. Why such a big discrepancy? Does anyone know which dealers (preferably in SoCal) have the most allocations for the M2, or where several people have had luck getting one? I did see the Edmunds list in the sticky, but I'm just looking for feedback on people that have actually ordered one and have a delivery date. Thank you.
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11-28-2016, 05:23 PM	#2
mrcheezle19 Lieutenant 375 Rep 507 Posts Drives: 21 M2C 6MT Join Date: Nov 2013 Location: lake elsinore iTrader: (0)	Go dealer to dealer and start hunting and hope for the best, unless you still wanna pay 2-10k over for a car on the ground. I know BMW Encinitas has several on the ground and trying to hold 5k over but you should be able to knock that down a bit.
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11-28-2016, 06:17 PM	#3
jtfields Captain 191 Rep 616 Posts Drives: M2, X2 M35i, X6,328i,230i Join Date: Jun 2016 Location: Texas iTrader: (0) Garage List 2017 BMW 230i [0.00] 2022 BMW X2 M35i [0.00] 2015 BMW 328i [0.00] 2008 Jeep Commander ... [0.00] 2017 BMW M2 [0.00] 1997 BMW Z3 1.9 Roa ... [0.00] 2014 BMW X6 xDrive35i [0.00]	At least at my dealer there was no charge to be on the general waiting list. Once you received an allocation there was a $1,000 deposit that became non-refundable once the car actually entered production because at that point changes cannot be made to the configuration. You'll hear stories all over the place though from dealer to dealer with regards to when the deposit was due and how much. From what I gather California dealers seem to be the worst when it comes to money.
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