[CruiseControl]

https://www.motor1.com/news/526643/m...ling-v8s-2022/

[MystroX5]

What????? If this is for real, stock in the V8TT models are going to go through the roof. Nothing like telling the affluent they can’t have something they want. It’s almost a perfect marketing campaign. Look at Rolex and any new SS Professional model.

[jsmonet]

selfishly, I'm doing the anakin/vader "noooooo" because I'm not likely to buy one, but they sound so good

[crackerjack15]

Originally Posted by MystroX5

What????? If this is for real, stock in the V8TT models are going to go through the roof. Nothing like telling the affluent they can’t have something they want. It’s almost a perfect marketing campaign. Look at Rolex and any new SS Professional model.

Rolex isn't a supply chain issue though. It's a demand issue with jewelry stores making you buy crap you don't need. Then they will "allow" you to buy a sport model if you spend enough with them. I've bought two Omegas this year for the simple fact I do not have time to play games with AD's and I'm not paying double or triple retail. With that said, someone should start buying up the used V8's!!

[jsmonet]

I'm continually surprised by people not understanding the rolex situation isn't on rolex's side of things

[CarMan77]

I just traded my wife's 2020 GLE580 on a 2021 Porsche Cayenne E-Hybrid. The Porsche dealer gave me $3k less than I paid on a 16 month old vehicle with 9,000 miles. I thought that was a good deal considering, I negotiated $5k off the Cayenne.

If this happens with BMW, I feel sorry for those who need the new car smell, or prefer to lease.

[MystroX5]

Originally Posted by jsmonet

I'm continually surprised by people not understanding the rolex situation isn't on rolex's side of things

OT: I have been in the watch game for over 30 years. Things were bad 3 years ago. Covid did close down the Rolex factory and made production even lower than demand. Now with so much money floating around for luxury goods and the new wave of watch flippers that were flipping sneakers 4 years ago and have discovered Rolex, it’s only getting worse. It’s not just Rolex but AP and PP that are riding the wave. I am convinced with the new Sub41 and nfc warranty cards that Rolex is slowing down and controlling new SS models production in a more controlled pace. I have watched the distribution for the last 9 months since introduction before purchasing a 126610LN and it’s at a trickle. This coming from a guy that bought his Hulk and Daytona way below msrp when no one wanted a green Sub and you couldn’t give a Daytona away with a Zeinth movement. I have a very good working relationship with several big grey dealers and have always purchased through them for decades when their prices were below msrp. I am a capitalist tool and believe in the division of retail sales and customer so no AD games in my horological world.

[Patgilm]

Rolex drives me crazy. Glad I bought my blue/black GMT below MSRP a few years ago. After I got it they were harder to get and prices started going up quick. I would love a ceramic Daytona won’t play the Rolex game anymore with the waiting and markups.

[jsmonet]

yuuuup. demand is off the charts with the new upper middle class into low upper class gaining numbers all the time, driving demand up, creating a swelling grey market. There are only so many people in Switzerland to build them

[Wild Blue]

Originally Posted by MystroX5

OT: I have been in the watch game for over 30 years. Things were bad 3 years ago. Covid did close down the Rolex factory and made production even lower than demand. Now with so much money floating around for luxury goods and the new wave of watch flippers that were flipping sneakers 4 years ago and have discovered Rolex, it's only getting worse. It's not just Rolex but AP and PP that are riding the wave. I am convinced with the new Sub41 and nfc warranty cards that Rolex is slowing down and controlling new SS models production in a more controlled pace. I have watched the distribution for the last 9 months since introduction before purchasing a 126610LN and it's at a trickle. This coming from a guy that bought his Hulk and Daytona way below msrp when no one wanted a green Sub and you couldn't give a Daytona away with a Zeinth movement. I have a very good working relationship with several big grey dealers and have always purchased through them for decades when their prices were below msrp. I am a capitalist tool and believe in the division of retail sales and customer so no AD games in my horological world.

Lol, you're my kind of guy, MystroX5 between music, bimmers, and watches. I'm a Breitling guy and bought my high-end models many years ago. But I got myself an Apple Watch a few years ago, mostly for the health monitoring features. Wear it 24/7 now. I want to be wearing my nice Breitlings or my Omega, but just can't give up all the features.

[Al Pinã]

Originally Posted by CruiseControl

https://www.motor1.com/news/526643/m...ling-v8s-2022/

Wait, so now we're listening to some creep from a Reddit thread? Lolol

[thenew3]

Originally Posted by ALPINA_DREAMS

Wait, so now we're listening to some creep from a Reddit thread? Lolol

There are several discussions on mbworld where people have gotten cancellation or downgrade notices (from V8 to I6) for their orders. So it seems legit.
Nobody outside of MB knows why yet.

[CarMan77]

Originally Posted by thenew3

There are several discussions on mbworld where people have gotten cancellation or downgrade notices (from V8 to I6) for their orders. So it seems legit.
Nobody outside of MB knows why yet.

This is also being posted on auto news outlets as well.

https://www.autoblog.com/amp/2021/08...v8-sales-2022/

Seems legit.

[760Lifan]

Once my current lease expires, I'm really curious what's going to happen.
Under normal circumstances, a fully loaded luxury vehicle had tons of negative equity so you just turned it in, not even thinking about buying it.
Right now, I'm not so sure this will necessarily be the case with my current X7 as well if things remain the same (or supply gets even worse).

[MystroX5]

Originally Posted by 760Lifan

Once my current lease expires, I'm really curious what's going to happen.
Under normal circumstances, a fully loaded luxury vehicle had tons of negative equity so you just turned it in, not even thinking about buying it.
Right now, I'm not so sure this will necessarily be the case with my current X7 as well if things remain the same (or supply gets even worse).

I purchase all my vehicles out right. As you know, these were extremely rare in the best ordering circumstance and now they are so rare they are a white elephant. You wouldnt believe the cash offer my local BMW dealer that sold me my 2020 fully optioned X7M50i offered me. I just purchased this white elephant last July and have no plans on selling it but the cash offer now is staggering. Night vision, RES, ambient air, etc.. has a heck of a return investment all in one vehicle.

[dmanb2b]

Originally Posted by 760Lifan

Once my current lease expires, I'm really curious what's going to happen.
Under normal circumstances, a fully loaded luxury vehicle had tons of negative equity so you just turned it in, not even thinking about buying it.
Right now, I'm not so sure this will necessarily be the case with my current X7 as well if things remain the same (or supply gets even worse).

In this market your are better off buying out the lease or selling it right before lease expiration. I got paid to exit our MDX lease early!

[MystroX5]

Originally Posted by dmanb2b

In this market your are better off buying out the lease or selling it right before lease expiration. I got paid to exit our MDX lease early!

Yup,

My neighbor is a vip in VW NA and he told me he is buying out his company car lease and expects it to be bad past 2024.

[760Lifan]

Wow, yeah...

I just went to KBB and although their values were a bit inflated in the past (of course, I don't know if that is still the case), they list the trade-in between $88,324 and $95,382. I have about 18 months left on my lease (of 36) and my pay-off is $97,500. That's quite impressive.

On my previous Audi Q7, I would have been about $25K upside down - LOL!

[dmanb2b]

Originally Posted by 760Lifan

Wow, yeah...

I just went to KBB and although their values were a bit inflated in the past (of course, I don't know if that is still the case), they list the trade-in between $88,324 and $95,382. I have about 18 months left on my lease (of 36) and my pay-off is $97,500. That's quite impressive.

On my previous Audi Q7, I would have been about $25K upside down - LOL!

You can always check Carvana and Vroom for a real cash offer. I have sold cars to both in the past year.

[MystroX5]

Originally Posted by 760Lifan

Wow, yeah...

I just went to KBB and although their values were a bit inflated in the past (of course, I don't know if that is still the case), they list the trade-in between $88,324 and $95,382. I have about 18 months left on my lease (of 36) and my pay-off is $97,500. That's quite impressive.

On my previous Audi Q7, I would have been about $25K upside down - LOL!

It’s a lot higher than that depending on how many miles you have. I am over $108k cash and higher if I trade. That’s solid on a $126k msrp. But so what, now your back into a stripped down car industry and the way it looks you can’t replace a fully optioned X7 for at least 2 years. I keep a vehicle for at least 5 years so 2020 model year purchase timing was the luckiest move I could have made.

[thenew3]

Originally Posted by dmanb2b

You can always check Carvana and Vroom for a real cash offer. I have sold cars to both in the past year.

I tried both and got offers between $60k and $70k on a 2020 40i with a $90k MSRP and 6k miles on it. (my local BMW dealer offered much more)
Also tried my wife's 2016 X3 with 31k miles, they only offered $14k.

[dmanb2b]

Originally Posted by thenew3

I tried both and got offers between $60k and $70k on a 2020 40i with a $90k MSRP and 6k miles on it. (my local BMW dealer offered much more)
Also tried my wife's 2016 X3 with 31k miles, they only offered $14k.

Yup, it's hit or miss. Sometimes you just have to talk to vroom. Both were significantly higher than local dealers at the time. Car max is another option.