Number of SEs at dealerships or "arriving soon"

Discussion in 'Cooper SE' started by CuriousGeorge, Nov 4, 2022.

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  1. CuriousGeorge

    CuriousGeorge Well-Known Member

    I know some are tired of this topic, but nonetheless I thought it would be useful to collate this information in a single thread. For example, there may prove to be a "tipping point" at which too much stock impacts prices. In any case, here goes:

    8/16/2022 9
    9/2/2022 25
    10/22/2022 93
    10/25/2022 99
    10/26/2022 104
    10/27/2022 110
    11/4/2022 121

    Feel free to fill in/add to this as you see fit.

    ETA: Yowza. R^2=0.99, with on average 1.39 new cars arriving daily. (Think my dealer will sell me the extra 0.39 of a car for 39% of MSRP?)
     
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  3. AndysComputer

    AndysComputer Well-Known Member

    The problem is that dealers advertise cars that are already sold. Granted some of those will be cancelled by the customer but we don’t know how many. For the data to be useful we need the number of cars advertised that are on the lot for sale, not pre-sold?
     
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  4. Jkoya

    Jkoya Member

    What geographical area is the above data for ?
     
  5. SameGuy

    SameGuy Well-Known Member Subscriber

    YUL
    They also advertise their single demo SEs for which they will not entertain offers. While I was awaiting mine all summer, I went by the dealership and saw a L3 (Premier+ up here, Iconic in the US) practically identical to my order, with the flag on the antenna and all the promotional signage on it… so I asked, and was told, “Oh no, it’s not for sale, it’s our '23 demo.”
     
  6. CuriousGeorge

    CuriousGeorge Well-Known Member

    US (yes, I realize that this is an international forum).
     
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  8. CuriousGeorge

    CuriousGeorge Well-Known Member

    Unless you think that practice is increasing, the data should still be indicative of the underlying trend.

    FWIW, the dealer nearest me has gone from not advertising any SEs for sale/"coming soon" to now advertising five.
     
  9. gosjsgdi

    gosjsgdi Member

    Is your premise the same as mine in the other thread? (i.e., as supply increases, prices for new and used SEs will drop?). If so, then I would argue that the data you’re presenting is inconclusive in the short term; we don’t know yet which ones will end up being delivered to the parties that ordered them, thus we don’t know how many of these cars are available. It could just as easily be representative of the volume of orders being fulfilled plus the demo SEs at dealerships.
     
  10. teslarati97

    teslarati97 Well-Known Member

    As of Q3 2022 (YTD) there have been 29,191 fully-electric Cooper SEs sold worldwide. In North America, MINI has sold 6,761 2-door Coopers (ICE + BEV) YTD Q3 2022.

    When I check MINI UK for a 500 mile radius from Sheffield (covers most of England), there are 14 vehicles available?? England has a population of 55 million and USA has 336 million, so adjusting for USA's population (6.1 times) then there should be 84 vehicles! Clearly 121 USA electrics should extrapolate to 20 in England.
     
  11. Qisl

    Qisl Active Member

    I'm surprised at the number of Signature+ (not 2.0) models that keep showing up. Sure, since 22-oct-22, they have always been less than 5, but for a few days that number was 1, and now it is up to 3.
     
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  13. CuriousGeorge

    CuriousGeorge Well-Known Member

    It's such a niche product I'm not convinced that extra stock will have much impact on prices. Perhaps the cost of a used SE will drop a little, since it will be easier to locate a new one to buy off the lot. Countering that, though, is the general used vehicle market these days.
     
  14. polyphonic

    polyphonic Well-Known Member

    I’ve had multiple sales people say that they are legally obligated to post every vehicle on Autotrader despite sold status. Hard to believe.
    FWIW, when I bought my first SE in early October 2020 there were 62 listed on Autotrader nationwide.
     
  15. Puppethead

    Puppethead Well-Known Member

    I think the real indicator will be what the change in stock over the next couple months will be. If the inventory turns over quickly then it may be a delivery surge, but if the inventory stays high that could indicate the IRA is having an affect on desirability for the SE. Although in the current market I still don't see any better value for a BEV, new or used. Dollar for dollar the SE is one of the best BEVs on the market considering the build quality and fun factor.
     
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  16. CuriousGeorge

    CuriousGeorge Well-Known Member

    I suppose I should have specified that I've been going by MINI's website.
     
  17. AlexGoes

    AlexGoes New Member

    All summer 2022, I phoned dealers across the U.S. whenever a 2023 Cooper SE Countryman appeared on Cars.com. The response was always the same: a chuckle, the car was a social order and an offer to place an order. I finally placed an order.


    Sent from my iPhone using Inside EVs
     
  18. CuriousGeorge

    CuriousGeorge Well-Known Member

    11/6/2022 126
     
  19. Qisl

    Qisl Active Member

    How about a pretty graph...
     

    Attached Files:

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  20. teslarati97

    teslarati97 Well-Known Member

    How about a breakdown of the 127 (77 at dealers + 50 in transit) per state?
    1 (5m) - HI, VT, KS [3 states]
    2 (84m) - MO, NH, CO, WI, NC, CT, NM, GA, NY, MI, VA [11 states]
    3 (52m) - NJ, PA, UT, IL, MA, IN [6 states]
    4 (11.7m) - OH
    5 (5.7m) - MN
    6 (7.2m)- AZ
    8 (6.2m)- MD
    12 (51.3m) - FL, TX
    37 (39.2m)- CA

    On a per capita rating by state, California is 0.094 MINI Cooper SE per 100,000, but New Hampshire, Vermont, and Maryland is 0.144, 0.155, and 0.13 respectively. Let that MINI Cooper SE panic set in...
     
  21. teslarati97

    teslarati97 Well-Known Member

    Update...2 MINI's have sold in California so there's only 125 SE's left (75 at dealer lots + 50 in transit). After breaking down the in transit, the California amounts is within the average in-transit relative to other states (per 100,000 people).

    ministatsnov62022.JPG
     
  22. CuriousGeorge

    CuriousGeorge Well-Known Member

    11/8/2022 128

    Where will it stop? Is there a tipping point, or will SEs eventually be like Toyota Yaris's in those old commercials?

    (Wish I had thought to track ICE MINIs as well...that might help differentiate between supply and demand.)
     
  23. teslarati97

    teslarati97 Well-Known Member

    11/6/2022 127
    11/6/2022 126 (-1 SE sold in MINI of Stevens Creek in Santa Clara, CA)
    11/6/2022 125 (-1 SE sold in MINI of Concord in Concord CA)

    11/8/2022
    +1 in transit to MINI of Universal City in North Hollywood, CA (no SEs)
    +2 in transit to Nick Alexander MINI in Los Angeles, CA

    Looks like all the action is happening in California!
     

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