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03-10-2008, 10:21 AM | #1 | |
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$100k for an M3 coupe!
I'm not sure if this is a repost. I search under $100k M3 price, no luck. Either, if it is a repost please merge, thanks. Back on topic, are people actually paying this price?
Here's the article from Autoblog that FiskeGTS posted. Quote:
Last edited by gbb357; 03-10-2008 at 02:12 PM.. |
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03-10-2008, 10:38 AM | #2 |
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Yes, it's kinda
http://www.m3post.com/forums/showthr...01#post2277901 Man, that's Hollywood. Best regards, south
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03-10-2008, 11:00 AM | #3 |
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M3 Markups Story on Autoblog Today
Seems a California dealer, big surprise, is happy to show his "Adjustment" openly to wanting buyers.
Full story: http://www.autoblog.com/2008/03/10/2...up-to-100-000/
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03-10-2008, 11:02 AM | #4 |
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Criminal, but that's LA for ya.
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03-10-2008, 11:05 AM | #5 |
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If you're dumb enough to get ripped of by the dealer like that, you deserve it
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03-10-2008, 11:08 AM | #6 |
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Might as well get an M6 for that price , you know they hardly go for sticker now...
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03-10-2008, 11:11 AM | #7 |
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Nothing criminal about it. Free market baby... supply vs demand. The way I see it if you're one of the people that will pay the markup to have that car now you probably need the 30K less than the dealer himself so it's a natural flow of cash from the ones that have it to the ones that need it.
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03-10-2008, 11:13 AM | #8 |
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why pay 30k when dealers across the usa would gladly take 10k over msrp.
just wait 4 months,, it will be MSRP.
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03-10-2008, 11:18 AM | #10 |
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03-10-2008, 11:22 AM | #12 |
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yes for sure it will be at msrp bmw has too many contesters out there like the gtr, isf, evo, c63 amg. So i doubt that its going to stay at 30k+ markup for long. Give it 3-4 months.
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03-10-2008, 11:22 AM | #13 |
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You can get a nicely optioned Carrera S for that.
Which one do you think will be worth more in 3 years?
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03-10-2008, 11:26 AM | #14 |
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Just got off the phone with my CA he said he sold a new M3 coupe last night for $99000.00!!!!! I guess there are some people out there willing to pay the markup.
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03-10-2008, 11:30 AM | #15 |
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Actually this is illegal i believe. You cant say supply and demand. This is called ripping people off for no reason.
Same as if there was a storm and just cus you have water you sell it for 10$ a glass. It's wrong and pretty sure illegal. So fuck that dealer i hope BMW gives them a warning or doesnt send them anymore M3's.
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03-10-2008, 11:33 AM | #16 |
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it only works cause someone is willing to pay it - if no one paid it, they would not do it - you wouldn't see that around here - guess there is too much money in LA!
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03-10-2008, 11:41 AM | #17 | |
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Bottom line, same OTD fees, he picked up the M6 for $200/month cheaper than he would have gotten the $25k cheaper M3 for |
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03-10-2008, 11:59 AM | #18 |
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nothing illegal about what this guy is doing, however some manufacturers have a policy concerning markups like this -- they stop sending cars to the dealer! however, what this guy may have done (we see it all the time in Dallas) is "sell" the car to someone, drive it 100 miles, buy it back, and sell it as technically "pre-owned". then he can charge whatever he wants without risking retribution from BMW.
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03-10-2008, 12:02 PM | #19 |
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Well, the sticker price doesn't mean anyone bought it.
It's just wistful thinking by the greedy dealer and it DID get them in the news.
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03-10-2008, 12:04 PM | #20 |
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03-10-2008, 12:05 PM | #22 | |
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As for your water/storm analogy, that's generally not illegal, either. Profiteering at others' expense may be immoral, but it's generally not illegal.
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