2008 BMW M3 Coupe being marked up to $100,000
Posted Mar 10th 2008 11:31AM by John Neff
Filed under: Car Buying, Coupes, Sports/GTs, BMW
Click above for more high-res pics of the 2008 BMW M3 Coupe
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!
[Source:
Dragtimes]
Tags: 2008 bmw m3, 2008BmwM3, bmw, bmw m3, BmwM3, m3, m3 dealer mark up, m3 mark up, m3 price gouging, M3DealerMarkUp, M3MarkUp, M3PriceGouging
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Reader Comments (Page 1 of 6)
mcheddadi @ Mar 10th 2008 11:37AM
I think I'll just a couple of years and then buy a used GT-R
Tool @ Mar 10th 2008 1:32PM
$30,000 is nuts, but yes, someone will probably pay it. Especially in car crazy So Cal.
I went to a Los Angeles Mercedes dealer and could still custom order a C63 to my liking and have it delivered in early May. (It was one of their allocated cars that hadn't been built yet) For MSRP.
You can argue that a C63 isn't an M3, but it has a hell of an engine.
John R @ Mar 10th 2008 1:39PM
Oak, did you just imply that a Cobalt SS would fair better around the 'Ring than an M3?!
LMAO! That's gotta be sarcasm, you can't be serious.
ms.bittypoo @ Mar 10th 2008 2:27PM
O>K first I would never pay 70 grand for a BMW anymore !(old bmw fan) Second the cars interior still isn't as nice or cozy as a 2007 rs4. Second for the extra 30 grand you can move up into something more exotic or just more. So there you go. Bmw is so 80's
Mr. Oak @ Mar 10th 2008 11:38AM
...and you guys complain about the price of the ZR-1 a true supercar.
In 10 - 15 years this car won't be worth crap.
3seriesisking @ Mar 10th 2008 11:45AM
I think that's going a little far Mr. Oak. The first M3 with a V8 is going to be worth something. And I doubt it will be considered "worth crap" at any point in the car's lifetime. The M3 has never been labeled a super-car wither. I think it's a stretch to call the ZR-1 a super-car as well. This is like they said the dealer markup, not the price of the car itself.
bmw122487 @ Mar 10th 2008 11:48AM
Exactly, i love BMW but i would much rather spend $100,000 on a ZR1!!!!!! 620hp+>415ish
joe @ Mar 10th 2008 11:56AM
How much will the dealers markup ZR1s? With such an ultra-performing sportscar thats even more exclusive than the M3 and the GT-R, and the ZR1 MSRP is already at or near $100k, it's likely that the M3 and the GT-R mays till be considered a "better deal."
John @ Mar 10th 2008 11:58AM
I'm a big fan of the new ZR-1, but don't think for a second that ANYONE will be able to buy one of those at MSRP when they first come out either.
I bet the markups on the ZR-1 will be incredible.
3seriesisking @ Mar 10th 2008 11:58AM
Sorry, i didn't mean to say the ZR1 wasn't a super-car. My point was that the M3 is not one.
joe @ Mar 10th 2008 12:00PM
"Exactly, i love BMW but i would much rather spend $100,000 on a ZR1!!!!!! 620hp+>415ish"
-bmw122487-
dude.......what makes you think dealers will sell the ZR1 at MSRP?
Andrew @ Mar 10th 2008 12:08PM
This isn't supposed to be a supercar... and just because you don't see the value in it doesn't mean people won't spend the money.
BTW: I'd take the M3 over the ZR1 any day.
jg @ Mar 10th 2008 12:16PM
'In 10 - 15 years this car won't be worth crap.'
To you but who cares.
IMO only an idiot would pay $100000 for a Corvette. At least we won't have $100000 M3s in the same showroom as not quite as cool but attainable for the Walmart night manager $50000 M3s like you have at Corvette dealerships. An M3 is an M3. There are no levels. (A regular 3 is not lesser M3, different animals). Frankly aside from a closeness in price due to markup I don't see any reason to compare Corvettes and M3s.
armmat @ Mar 10th 2008 12:38PM
Neither will a ZR1, a true GM quality POS. I hate BMW's, but thinking a ZR-1 will keep value given how poor quality it is...you're smoking crack.
There are plenty of stupid BMW lovers out there ready to give their left testicle for one of these...why I don't know...but they are.
Paul @ Mar 10th 2008 12:48PM
"an M3 is an M3 there are no levels"
EXACTLY! Not like the rest of the 3 Series or anything...
Mr. Oak @ Mar 10th 2008 12:58PM
Don't get your panties in a bunch.
I see used M3s here in NJ that can be had for a song especially after the factory warranty expires. A used "Vette might just fetch a better price.
The problem with German cars, is that once out of warranty, no one with a brain wants them. Too damn expensive to keep running.
OK, let's forget the ZR-1, the CTS-V will destroy this joke.
Hell, can't wait to see how it measures up to the '08 Cobalt SS at the 'ring. Remember this thing is quite the little porker now. And yes, it's quite ugly too.
You have to really have a hard-on for BMWs to pay that for this car. That's almost Z8 money.
135 is a better buy, with a proper M3 inline 6 might just out quick this car.
Christian @ Mar 10th 2008 1:05PM
"A 3-series is not a lesser M3..." LOL Yes it IS. What are M3s built on a unique chassis? HAHAH. The majority of the parts are IDENTICAL. There are differences but its the same as comparing base C6 to ZR-1.
meshies @ Mar 10th 2008 1:22PM
Most of yall seriously need to stay away from drugs. The ZR1 will definitely appreciate in value in a few short centuries. The M3 might, but not as much as the vette. Its a Corvette, a ZR1 at that, the most powerful production vette in history. Its going to be an icon. Definite value in that. This generations M3 with no major milestones???? Not so much.
I don't even know why I replied to this stupid argument anyways. LOL.
Andrew @ Mar 10th 2008 1:28PM
Anyone who considers a car an investment is an idiot. Especially any 'Vette or M3. No one buys these in hopes that they'll appreciate. They buy these to drive.
3seriesisking @ Mar 10th 2008 1:33PM
Get a life Oak.