Re: Miami dealer selling M3 over MSRP (archive)

But you are on at least 2 waiting lists??? Maybe more??? I wonder if this is somehow helping create this mad demand for the new M3. How many of those 150 people on the dealer's list are real?

Again, if I'm misreading this I apologize in advance - and I'm not looking to criticise you, just adding another perspective to this story.

adc, prospective M3 buyer

Two days ago I recieved in the mail my M3 deposit returned from my dealer that I placed 3/3/99. It was with a letter from the new car manager stating "They are unsure of manifacturing dates and no longer want to retain costomers monies." I later that day went to speack to him in person. After him beating around the bush for a while I finally got him to tell me that they are only alocated 34 cars for 2001 MY and have a list containing over 150 names. They are returning deposits, "but keeping the list for refrence." Because there is going to be a shortage of cars they are going to be selling cars with "AVAILABILITY PREMIEUMS in amounts that are at this time not known."

Early this year I went to the same dealership to purchase another car and saw a M5 in the showroom with a invoice on it's window with an "AVAILABLITY PREMEIUM" of $25,000.

The dealership is South Motors BMW located in Miami FL.

I am curious if any one of you know if BMW endorses these type of activties?

If not what can be done?

P.S. I am #2 on a list in Orlando...hopefully not totally screwed!

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