$100k for an M3 coupe! - M3 Forum 2011 2010 BMW M3 2009 BMW M3 BMW E90 M3 E92

gbb357 · 03-10-2008, 11:21 AM

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:

Originally Posted by Autoblog

2008 BMW M3 Coupe being marked up to $100,000:

We've been getting reports from all over that the 2008 BMW M3 Coupe has begun to arrive in U.S. dealerships. Dealers, however, have also begun taking advantage of the high interest in these Bavarian über coupes by marking up the price. Since we couldn't just take everyone's word for the extreme mark ups, we had to wait until someone surfaced with proof, which came today. Dragtimes.com is hosting an image of a brand spanking new M3 sitting in an unidentified California dealer at Century West BMW in North Hollywood with a window sticker displaying the car's $70,720 MSRP plus a $30,000 mark up. The extra monies demanded by the dealer is labeled as a "Dealer Market Adjustment" on the window sticker, which makes it seem like a special options package with heated seats and an extra cup holder. Rather, it's the reality that this dealer and many others know that someone out there will pay that much for a new 2008 BMW M3 Coupe. But as good a sports car as it the new M3 undoubtedly is, would you pay over $100,000 for it? Thanks for the tip, FikseGTS!

southlight · 03-10-2008, 11:38 AM

Yes, it's kinda

http://www.m3post.com/forums/showthr...01#post2277901

Man, that's Hollywood.

Best regards, south

Stinger · 03-10-2008, 12:00 PM

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/

E90Brian · 03-10-2008, 12:02 PM

Criminal, but that's LA for ya.

shift330 · 03-10-2008, 12:05 PM

If you're dumb enough to get ripped of by the dealer like that, you deserve it

KL2DC · 03-10-2008, 12:08 PM

Might as well get an M6 for that price

, you know they hardly go for sticker now...

noro · 03-10-2008, 12:11 PM

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.

Raja Ventureshield · 03-10-2008, 12:13 PM

why pay 30k when dealers across the usa would gladly take 10k over msrp.
just wait 4 months,, it will be MSRP.

335xi2k8 · 03-10-2008, 12:16 PM

100k!!! thats way too much for an m3

FifthStreetz · 03-10-2008, 12:18 PM

26.2 · 03-10-2008, 12:19 PM

Quote:

Originally Posted by 335xi2k8

100k!!! thats way too much for an m3

Not if you are Brittney Spears.

daniel6357 · 03-10-2008, 12:22 PM

Quote:

Originally Posted by Raja Ventureshield

why pay 30k when dealers across the usa would gladly take 10k over msrp.
just wait 4 months,, it will be MSRP.

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.

Majikthese42 · 03-10-2008, 12:22 PM

You can get a nicely optioned Carrera S for that.

Which one do you think will be worth more in 3 years?

Deathboy · 03-10-2008, 12:26 PM

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.

Laszlo · 03-10-2008, 12:27 PM

That's nuts. Only in New York City.

DasBlitz · 03-10-2008, 12:30 PM

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.

roadkillrob · 03-10-2008, 12:33 PM

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!

SteveMondragon · 03-10-2008, 12:41 PM

Quote:

Originally Posted by KL2DC

Might as well get an M6 for that price

, you know they hardly go for sticker now...

The ironic part about that comment is that my friend did get a M6 this weekend instead of the M3. He went in wanting to get the M3 at MSRP without paying a markup and was ready with cash, and after calling we found one that was willing to work with him. But even with a reduced (down to) $2500 markup for him, and after running the numbers with the current MF and residual on the M3, he then looked into the M6.

Bottom line, same OTD fees, he picked up the M6 for $200/month cheaper than he would have gotten the $25k cheaper M3 for

attorneyscott · 03-10-2008, 12:59 PM

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.

iatacs19 · 03-10-2008, 01:02 PM

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.

FikseGTS · 03-10-2008, 01:04 PM

http://www.autoblog.com/2008/03/10/2...up-to-100-000/

LI E90 · 03-10-2008, 01:04 PM

the M3 at my dealer is selling for MSRP, no mark adjustment

03-10-2008, 11:38 AM	#2
southlight Moderator Drives: BMW Join Date: Apr 2006 Location: Germany Posts: 5,253 iTrader: (0)	Yes, it's kinda http://www.m3post.com/forums/showthr...01#post2277901 Man, that's Hollywood. Best regards, south __________________ Join the 6 MT Club group

03-10-2008, 12:00 PM	#3
Stinger Major Drives: 2007 335i Convertible Join Date: Apr 2007 Location: Michigan Posts: 1,030 iTrader: (1) View Stinger's Garage	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/ __________________ http://e93fanatic.blogspot.com

03-10-2008, 12:02 PM	#4
E90Brian Lieutenant Drives: E90 335i Join Date: May 2006 Location: Out there... Posts: 413 iTrader: (0)	Criminal, but that's LA for ya. __________________ 1988 M5 Black/Natur (5/97-now) 2006 E90 330i Sparkling Graphite \| Gray \| Walnut \| STEPTRONIC \| ZSP \| ZPP \| ZCW \| Navi \| PDC \| CA \| sun shades (3/06-11/08) 2009 E90 335i Blue Water \| Oyster \| Walnut \| STEPTRONIC \| ZSP \| ZPP \| ZCW \| Navi \| PDC \| CA \| Logic 7 \| 6FL/6NF \| sun shades (12/08-now)

03-10-2008, 12:05 PM	#5
shift330 Blue Force Tracker Drives: blue car Join Date: Feb 2008 Location: Flagstaff, AZ Posts: 1,389 iTrader: (6) View shift330's Garage	If you're dumb enough to get ripped of by the dealer like that, you deserve it __________________ Stay safe 855th MP Company! Hosmer/Espinoza you're my boys!!

03-10-2008, 12:08 PM	#6
KL2DC Your Moderately Moderate Moderator Drives: E90 325i, W211 E350, W210 E55 Join Date: Jan 2006 Location: DC Metro Posts: 17,707 iTrader: (22) View KL2DC's Garage	Might as well get an M6 for that price , you know they hardly go for sticker now... __________________ Official DC Metro Registry - Current, New & Prospective Area Members Roll Call! BMW CCA Member # 364222 Join the club...

03-10-2008, 12:11 PM	#7
noro Colonel Drives: E30 M3 / E46 ZHP Join Date: Aug 2006 Location: Boston Posts: 2,471 iTrader: (0)	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. __________________

03-10-2008, 12:13 PM	#8
Raja Ventureshield Colonel Drives: BMW, Camel Join Date: May 2007 Location: Northern VA Posts: 2,575 iTrader: (0)	why pay 30k when dealers across the usa would gladly take 10k over msrp. just wait 4 months,, it will be MSRP.

03-10-2008, 12:16 PM	#9
335xi2k8 First Lieutenant Drives: 335 Join Date: Dec 2007 Location: - Posts: 363 iTrader: (0)	100k!!! thats way too much for an m3

03-10-2008, 12:18 PM	#10
FifthStreetz O! So Sour!! Drives: E92 M3 Join Date: Apr 2007 Location: Fort Lee, NJ Posts: 14,831 iTrader: (17) View FifthStreetz's Garage	__________________

03-10-2008, 12:22 PM	#13
Majikthese42 Philosopher-king Drives: E91 Join Date: Apr 2005 Location: People's Republic of New Jersey Posts: 884 iTrader: (0)	You can get a nicely optioned Carrera S for that. Which one do you think will be worth more in 3 years? __________________ E91 6MT Alpine, Terra, Xenons, ZSP, ZCW, ZPP, PDC, CA, alarm, tire pump, jack, floor mats, Euro rear fog light switch, Euro aspheric mirrors, rear power outlets, Garmin nüvi custom cupholder mount, Lidatek, V-1 built-in remote display.

03-10-2008, 12:26 PM	#14
Deathboy Second Lieutenant Drives: Space gray E92 M3 Join Date: Sep 2007 Location: West Palm Posts: 280 iTrader: (0)	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.

03-10-2008, 12:27 PM	#15
Laszlo Colonel Drives: '08 e90 M3, '05 325i, '76 2002 Join Date: Dec 2007 Location: San Francisco, California Posts: 2,269 iTrader: (0)	That's nuts. Only in New York City.

03-10-2008, 12:30 PM	#16
DasBlitz Major Drives: bmw 328i 07 Join Date: Jan 2007 Location: new england Posts: 1,045 iTrader: (1) View DasBlitz's Garage	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. __________________

03-10-2008, 12:33 PM	#17
roadkillrob Colonel Drives: 2008 335Cic, 2011 X5 35i Join Date: Jul 2007 Location: Boston Posts: 2,238 iTrader: (10)	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!

03-10-2008, 12:59 PM	#19
attorneyscott Smokin' a Siglo VI... Drives: 2008 E92 335i, Dinan Stage 3 Join Date: Jul 2007 Location: Dallas, TX Posts: 276 iTrader: (3)	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. __________________ '08 E92 335i black sapphire/saddle, 6MT, sport/prem., CA, PDC, Sirius, Ipod/usb, HDR, Htd. Sts., Dinan Stage 3 flash/oil cooler/intercooler/exhaust/Stage 3 susp., MORR VS7's, Goodyear Eagle F-1 GS-D3s, BMW Perf. Parts STSK, Dinan/Quaife 3.08 LSD!! '06 Land Rover Range Rover Supercharged; Zambezi Silver/Ivory/Piano Black Wood, SICK NASTY In Car Entertainment - seriously, will make your brain bleed

03-10-2008, 01:02 PM	#20
iatacs19 Major General Drives: axe murderer with headlights Join Date: Sep 2006 Location: Washington, DC Posts: 5,190 iTrader: (5) View iatacs19's Garage	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. __________________ If at first you don't succeed, failure may be your style. BMWCCA Referral

03-10-2008, 01:04 PM	#21
FikseGTS Private Drives: E55,Viper,Q7 Join Date: Jul 2007 Location: Miami Posts: 52 iTrader: (0) View FikseGTS's Garage	http://www.autoblog.com/2008/03/10/2...up-to-100-000/ __________________ 2009 Nissan GT-R - 11.03 @ 125.4 MPH 2008 Dodge Viper ACR - 11.02 @ 129.2 MPH 2009 BMW 335i Convertible 2007 Audi Q7 4.2

03-10-2008, 01:04 PM	#22
LI E90 Colonel Drives: E90 Join Date: Mar 2007 Location: Long Island Posts: 2,035 iTrader: (2)	the M3 at my dealer is selling for MSRP, no mark adjustment __________________ 2007 328i black/terra/burl:step,sport,prem,heated seats,xenon,sirius.matte black grille,chrome tips 50% tint. 2010 Mazda CX7 1969 Datsun Fairlady 2000 Roadster(for when there is zero chance of rain)