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11-17-2007, 02:16 PM | #1 |
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La autoshow said $65k for M3
Just came back from the La Autoshow and I talked to a rep at the BMW booths. They told me base MSRP will be about $65000. (I hope it is not true)
Looking at the new M3 and it looks Okay. It wasn't a WOW for me. Of course I looked at the M3 last after looking at Ferrari and Lambo. BTW The new Nissan GTR seemed to have the most people crowded around. Have to say it looks better in person than in the pics. For us Cali buyers we are looking at around Base 65k Options 9k (Premium, EDC, 19wheels, etc) Tax/Lic 7k Gas guz 2k Est total of $83k Not sure if this will be worth it. Please no flaming this is just what I heard from the rep
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11-17-2007, 02:41 PM | #2 |
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If 65K base is true, which would be right in line with prices in England and Europe, you are easily talking about a 73-75K M3 before you add "many" options. Easily this thing could wind up at 80K.
This would be a MAJOR MISTAKE BMW, if you are listening. M3 buyers from the e46 M3 will NOT spend that much money on an e92 M3, and people who ARE going to spend that much will look to brands with more image - Porsche. If M3's are priced like this in the US, there may be more M3's on the dealer lots than M5's and M6's. BMW have NOT done enough to move the 3 series in general and the M3 specifically this far upmarket. I think we are headed for a major M3 flop in the US, and there is no way BMW will come close to meeting their large scale production levels of 100,000 e92 M3's if 50% of those are going to be sold in the US, not with a base US MSRP of 65K. Last but not least, there is no WAY the base M3 can command a 25K premium over the base 335i. Even if you take all of the performance, styling, and prestige of the M3 over the 335, I think maximum you are looking at a 15K premium (base M3 of 55K). You can no longer argue that an M3 is going to be "exclusive" as BMW are trying to sell many more M3's than previous models. I am more and more thinking that I will either load up a 335 with options and a Proceed, save up for a couple of years and then add a track toy (cayman S, Elise) or just go for a 997S. Of course the 997S would be more expensive, but I think spending more than mid-60's for a very well-optioned M3 would be totally throwing money away. As it approaches Porsche range, I am more and more tempted to just get the Porsche, which has so much more brand power and image than any BMW ever will. I hope you're paying attention BMW, because I am the exact demographic you want to sell the M3 to, and I'm thinking you are going to miss me entirely.
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11-17-2007, 02:47 PM | #3 | |
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I'm pretty sure it's gonna be low $70's to mid $70k. W/ dealer mark-up ... shit, this thing is gonna be right where the rep said, $80k. I guess all the hopefuls are waiting for BMW to crush their spirits with the official MSRP. The 1 series is priced right next to the 3 series. The M3 will probably be right under the M5. |
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11-17-2007, 02:48 PM | #4 |
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Highly doubtful
As I have posted all the BMW folks there at the booth were very tight lipped to me. No one would say a word about price. I'm also certain it was not because they had any particular information to be tight lipped about. This $65k figure is pure RUMOR. I think the only real question on pricing is the following: Will it be just above or just below the important $60k psychological barrier.
Last edited by swamp2; 11-19-2007 at 11:07 AM.. |
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11-17-2007, 02:53 PM | #5 | |
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You're looking at an extra $5-8k in options and another $6k in taxes. That will bring it in the low $70k mark. |
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11-17-2007, 03:09 PM | #6 |
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I kind of had a feeling this might happen, but was really hoping it wouldn't. By this, I am referring to BMW delaying releasing pricing until 2008. It sounds like they will sit on that info until the last minute, which could very well be in all the way through January. In the greater scheme of things I guess it doesn't really hurt them; how many people do you think there are in the US who are like us, frantically checking websites on a daily basis for pricing? I'd say not more than 500. I'd even go as far as speculating the most of the 10000 or so future 2008 M3 owners don't even know much about the car, maybe other than the fact that it will be around sometime next year.
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11-17-2007, 03:11 PM | #7 |
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Reps at the BMW booth are about as "In the know" as anyone here is.
The estimates that put the M3 around 63K MSRP are based on the competition. If the C63 AMG and RS4 cost around 65K then so must the M3. This is kind of thinking is very flawed as the M3 historically is priced under its MB competition. However, only time will tell.... Jason
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11-17-2007, 07:29 PM | #8 | |
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The price of a loaded 335 is roughly 49k. The M3 has 116 extra hp, different suspension, etc. I would say that gives the M3 roughly a $7k premium for all the extra features it has over the 335. Bringing in the base MSRP around 56k. Add taxes($4k) and options($5-8k)and you're still looking at right under/over $70k. |
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11-17-2007, 08:08 PM | #9 | |
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I dont think that comparing the premium is wrong but tricky considering the premium over the 335i for the M3 is different in different countries. Just using England or Germany for comparison is also flawed. Especially considering that the US allocation is more than double that of any other country. Supply and Demand will have a large effect for us here in the States. Jason
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11-19-2007, 03:37 AM | #10 | |
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11-19-2007, 03:45 AM | #11 |
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hey just add 10 to your e46 M3 base price and that the M3 e92 base...thats what I heard..I hope it's true and the source I know I trust.....so we will see..but maybe they will finally give decent lease rates if the price is 65,000...thats seems extreme to me.
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11-19-2007, 07:34 AM | #12 |
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I have been told that the lease will be higher than the 335i because it is an "M" car. I have been told to expect 7% tax and low residual of 50-55%. I am expecting the car to be at $74,000 with technology package, 19" wheels and sunroof.
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11-19-2007, 12:06 PM | #13 |
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$65k would be too high
A base of $65K would be a big mistake for BMW NA. For buyers such as myself that are on the fence between the M3 and 335i, the pricing of the M3 will determine which way I go. I will only buy a car if I perceive the value to be high (i.e. I am getting a lot for my $$$). If the e46 M3 only cost $10k more than the e46 330, that in my book was a good deal for what you got in return. Now, if the e92 or e90 M3 costs $25k more than the similar 335i, then I do not perceive that as a good value. Would I pay $10k-15k more for the new M3 instead of the 335i, absolutely. But would I pay $20-25k more for the new M3, no way in Hell my friend. It is all about perceived value. Just because I can afford to buy an M3 does not mean that I will buy one. I have to feel good about my purchase and that I didn't get taken to the cleaners. Just my $0.02.
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11-20-2007, 05:58 PM | #14 |
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I wouldn't bet on it being 65k. I just came back from the LA autoshow and asked the same question. They told me $70k starting. I was like WTF? Get outta here, u don't even know what ur talking about. To confirm this dood's ignorance, he slided me a business card. He worked for NEW CENTURY BMW in ALHAMBRA !?!?! HAHA. He wasn't even a BMWNA rep ! Some nerve ....
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11-20-2007, 06:46 PM | #15 | |
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I am in the exact same boat - can afford the M3 at 70 to 80K, but perceived value is much lower, especially with the 335i so close in terms of power. For that kind of money, I would gladly spend just a few grand more to step into a nice Porsche.
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11-20-2007, 07:13 PM | #16 |
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Fixed. Your statement is wholly inaccurate without the bolded type.
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11-20-2007, 09:03 PM | #17 | |
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The stock 335 has been proven to out perform previous generation M3s. The 2008 M3 is .04 seconds faster than the 335 to 60 mph. That is a half a M3 across the line for $25,000 more than the 335. Throw in some Vishnu tuning and the 335 is a potent contender at a much lower cost. I for one am still debating whether I should sink $4,000 (engine and suspension tuning) into my 335 vs. paying $75,000 on a 2008 M3. I am personally buying the M3 to stand out in a crowd. I doubt that I will use the M3 to its full potential driving to work 3 days a week. Oh, the price of vanity!
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11-20-2007, 09:32 PM | #18 |
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11-21-2007, 01:18 AM | #19 | |
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that's what i would/will do. there is absolutely no justification for spending this much money on an entry level ///M car if you can have a 911 for the same price. and don't even get started on M3 vs. 911 performance/handling comparisons
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11-21-2007, 02:07 AM | #20 |
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Ugh
This thread is embarrasing. A bunch of poseurs talking about only wanting a car for looks and image. Are there any true enthusiasts among all you who are saying these things? If you really think this way do indeed go blow your money on a car that so many poseurs do as well, Porsche. But paying for image really costs you big time there.
Hmmm what's next, 335i outperforms the E46 M3? Not quite, it certainly does not outperform it at the Nurburgring (8:26 vs. 8:22). It will not out brake it and it does not outperform it in acceleration. The cars are very close 0-60 and 1/4 mi with most apples to apples test finding the E46 M3 slightly faster. Either way a total drivers race. 335i stock vs. E92 M3. 0-60 is going to be about .5 seconds (was the decimal off in the quote of .04s??). Hmmm what's next E92 M3 vs. Porsche. E92 M3 will destroy a Boxster, destroy a Cayman, destroy a 911 and pretty much run neck in neck with a 911S. Don't believe my claims, just check this thread that tracks all of these figures. A modded 335i is going to be a darn quick car and nice performer but it will be a long shot from the M3 is the twisties, in braking and in fun factor for sure. Is all that you guys care about is 0-60? I know I value 0-60 as well, it is hard letting go of "bragging rights", but at least look at 0-100, it is a better measure of a cars ability. |
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11-21-2007, 02:26 AM | #21 |
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This forum seems to live and breath 1/4 mile times/traps. Forget about the track or twisties.
As for the represenatives at the stands... they're all dealers/sales people and most don't now SH!T.
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Let me get this straight... You are swapping out parts designed by some of the top engineers in the world because some guys sponsored by a company told you it's "better??" But when you ask the same guy about tracking, "oh no, I have a kid now" or "I just detailed my car." or "i just got new tires."
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