Originally Posted by JEllis
Agreed, I sense a fellow economist in our midst.
IMO, the estimates for the new M3 have become way over inflated some how. I think mostly because MB and Audi are selling there relatively low volume AMG's and R models, respectfully, at a significant premium (65K thereabouts). And, the M3's high sales volume (read supply and demand) in the USA is simply being disregarded by the media and most journalists that did better in English than Economics in school.
The bottom line is that we will all just have to wait and see.
But ask yourselves this.
What would you think if the M3 was 55k MSRP?
My opinion, the M3 would be the best bang for the buck luxury sports car in existence. A title the M3 has had for years.
Do you think BMW could sell 50,000 of these babies at 55k?
I like the way you are talking here, I hope BMW has a similar mindset.