BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > M3 (E90 / E92 / E93) > General M3 Forum (E90 + E92 + E93)
 
European Auto Source (EAS)
Post Reply
 
Thread Tools Search this Thread
      04-04-2008, 09:47 AM   #1
Viral
Major
41
Rep
1,003
Posts

Drives: '06 330i
Join Date: Jul 2006
Location: NYC/T.O.

iTrader: (1)

New M3 and the current economy......thoughts?

What if the new M3 was launched in a different economy? I don't think they're flying out of dealerships the way they would have back in 2000.

It's interesting to see luxury goods being launched regardless of ecomonic conditions.........I get the feeling some people (not me of course) are recession-proof.
Appreciate 0
      04-04-2008, 10:19 AM   #2
Tallest
Major General
Tallest's Avatar
1282
Rep
6,304
Posts

Drives: 911
Join Date: Sep 2007
Location: Sweden

iTrader: (1)

Garage List
2011 911  [10.00]
luxury goods are on the up regardless. There is more rich people in the world these days then in 2000. Thank the oil prices. and while few lost their homes in the subrpime mess, others made millions. and economy is cyclical. up, down, up down, you get the picture. i bet in middle east they are in demand.
__________________
997.2
F30.F11.E86.E90.E90.E36
Appreciate 0
      04-04-2008, 11:03 AM   #3
LI E90
Colonel
LI E90's Avatar
130
Rep
2,086
Posts

Drives: E90
Join Date: Mar 2007
Location: Long Island

iTrader: (2)

Quote:
Originally Posted by 320what View Post
luxury goods are on the up regardless. There is more rich people in the world these days then in 2000. Thank the oil prices. and while few lost their homes in the subrpime mess, others made millions. and economy is cyclical. up, down, up down, you get the picture. i bet in middle east they are in demand.
not in the states, where the dollar is weaker than Erkel
__________________
2013 MB C300 4matic
2014 Ford Explorer Ltd
1973 Jeep Commando
Appreciate 0
      04-04-2008, 11:31 AM   #4
Viral
Major
41
Rep
1,003
Posts

Drives: '06 330i
Join Date: Jul 2006
Location: NYC/T.O.

iTrader: (1)

Quote:
Originally Posted by LI E90 View Post
not in the states, where the dollar is weaker than Erkel
that's more of where I was coming from...........the US economy and the amount of discretionary income people have to throw at cars, jewellery, etc.
Appreciate 0
      04-04-2008, 03:36 PM   #5
CRZ410S
First Lieutenant
CRZ410S's Avatar
United_States
17
Rep
397
Posts

Drives: 08 335i Vert
Join Date: Mar 2008
Location: Suburbs of Philly

iTrader: (0)

People's perception of whether they can afford a new M3 has more to do with the daily news brodcasts scaring the sh-t out of them about the economy then the economy itself. People are triger shy currently on large purchases. I think it will pass soon.
If you are shopping for a M3 I would take advantage of the brief slow down in demand.
__________________
E93 08 335i Vert | 6 spd | Barbera Red ext/Blk Int | Sprt/Prem pkgs | Comfort/Nav/Ipod/Sirius | + some custom work
Appreciate 0
      04-04-2008, 07:27 PM   #6
Viral
Major
41
Rep
1,003
Posts

Drives: '06 330i
Join Date: Jul 2006
Location: NYC/T.O.

iTrader: (1)

Quote:
Originally Posted by CRZ410S View Post
People's perception of whether they can afford a new M3 has more to do with the daily news brodcasts scaring the sh-t out of them about the economy then the economy itself. People are triger shy currently on large purchases. I think it will pass soon.
If you are shopping for a M3 I would take advantage of the brief slow down in demand.
true, however perception is reality for most people.

As great as the car may be, I have a feeling most people are still going to think twice about buying a 70K M3. I predict that the sales will be slower than forecasted.
Appreciate 0
      04-04-2008, 07:29 PM   #7
!Xoible
Banned
United_States
823
Rep
46,029
Posts

Drives: ....
Join Date: Nov 2006
Location: .

iTrader: (4)

Garage List
2008 M3  [4.00]
2007 335i  [9.00]
2008 528i  [8.00]
2006 Infiniti - G35 ...  [8.00]
what amazes me is all OC dealers still have like 20k markup like crevier and irvine. and they're getting picked up... and i can barely afford mine at msrp
Appreciate 0
      04-04-2008, 07:42 PM   #8
Ray
Member
Ray's Avatar
306
Rep
22,825
Posts

Drives: three series
Join Date: Aug 2006
Location: sfCA

iTrader: (0)

There a those that have it, and those that don't. The have-nots will encounter the greatest effects by the economy's fluctuations.
Appreciate 0
      04-06-2008, 08:34 PM   #9
Viral
Major
41
Rep
1,003
Posts

Drives: '06 330i
Join Date: Jul 2006
Location: NYC/T.O.

iTrader: (1)

Quote:
Originally Posted by mantis View Post
what amazes me is all OC dealers still have like 20k markup like crevier and irvine. and they're getting picked up... and i can barely afford mine at msrp
paying 20K markup is just silly.............why not get a 911? But hey, if they are able to make that extra profit, more power to 'em.
Appreciate 0
      04-06-2008, 08:38 PM   #10
Viral
Major
41
Rep
1,003
Posts

Drives: '06 330i
Join Date: Jul 2006
Location: NYC/T.O.

iTrader: (1)

Quote:
Originally Posted by Ray View Post
There a those that have it, and those that don't. The have-nots will encounter the greatest effects by the economy's fluctuations.
true, will always be the case till the end of time.

I doubt of any of those who "have it" are looking at M3's.......they can afford their 100K cars no matter what!

However, the hard-working person who can afford the M3 is perhaps thinking twice, given the state of the economy.
Appreciate 0
      04-06-2008, 08:40 PM   #11
j|rz44
Lieutenant Colonel
43
Rep
1,683
Posts

Drives: 335i|E92
Join Date: Oct 2006
Location: Lost

iTrader: (2)

Garage List
07 335i  [0.00]
^im sure thats a slight exaggeration..
they are a 6k mark up here in maui, but i told them i was in no hurry and there is no way in hell that i would pay anything more than msrp.
he said he could go 1k over for shipping or something like that...
but 20k. nonsense!
__________________
Life is Good
Appreciate 0
      04-06-2008, 10:33 PM   #12
L~R~G nor cal
Perfection Is In The Details
United_States
67
Rep
1,044
Posts

Drives: 06 E90
Join Date: Nov 2006
Location: Sacramento, CA

iTrader: (1)

Garage List
2006 325i  [0.00]
My SA said that the ones on the lot will have a mark-up because its only a couple of days untell someone walks up and wants it soo bad that they will buy it. But he also told me that if your order one that you only have to pay MSRP.
__________________
2006 E90 SG-Dinan Ram Air Intake-Dinan Throttle Body-Dinan Exhaust-19' Hyperblack CSL's-15/5 tint-Matte Black Grills-M3 Spoiler Lip-Amber Delete-Smoke Side Signals
Appreciate 0
      04-06-2008, 10:51 PM   #13
uberschnell
Brigadier General
uberschnell's Avatar
No_Country
674
Rep
4,080
Posts

Drives: Wide Body 1
Join Date: Mar 2007
Location: Bay Area

iTrader: (48)

If all that was available was the 330 or 328 then I'd probably be getting one. But I have a tuned 335, and I've got an LSD, and I've get way better gas mileage then a V8. I'm not knocking the M3, it looks amazing and I'm sure it's a dream on the road, but there are reasonable alternatives out there.
Appreciate 0
      04-07-2008, 03:09 PM   #14
omg516
Lieutenant
United_States
18
Rep
572
Posts

Drives: 07 e90 335i
Join Date: Apr 2007
Location: San Francisco

iTrader: (0)

I saw the e90 m3 at the dealer last weekend and although it looked nice, it didn't look $68k nice. You could get a brand new 335 and pick up used s2000 to take to the tracks for less than that.
Appreciate 0
      04-07-2008, 04:53 PM   #15
Kiemyster
Bimmerpost Resident Marijuana Consultant
Kiemyster's Avatar
Trinidad_and_tobago
448
Rep
3,195
Posts

Drives: 320i, 325xi, 335Xi, 335i, M3
Join Date: Nov 2006
Location: Queens/NYC

iTrader: (4)

Garage List
i remember when i though i was "recession-proof". wow, was i wrong. lol. is aight. ill coast it for the next 3 years till the real estate market picks up.

i have nothing to worry. my house and car were paid for in cash. so no one can take back anything thats mine. so im pretty much "safe". plus, here gas prices are some of the cheapest in the world.... 1.50 for a gallon of 96 octane rating (premium). *laughs at everyone else*
__________________
"AMG What! S-Line Who? If you ain't got that M I got no respect for you!"
'06 Alpine Weiss E90 320i | '06 The Green Machine E90 325xi | '11 Alpine Weiss E90 M3 ZCP | '10 Silverstone X5M | '11 Alpine Weiss E90 335xi
Appreciate 0
      04-07-2008, 10:51 PM   #16
Viral
Major
41
Rep
1,003
Posts

Drives: '06 330i
Join Date: Jul 2006
Location: NYC/T.O.

iTrader: (1)

Quote:
Originally Posted by Kiemyster View Post
i remember when i though i was "recession-proof". wow, was i wrong. lol. is aight. ill coast it for the next 3 years till the real estate market picks up.

i have nothing to worry. my house and car were paid for in cash. so no one can take back anything thats mine. so im pretty much "safe". plus, here gas prices are some of the cheapest in the world.... 1.50 for a gallon of 96 octane rating (premium). *laughs at everyone else*
so..........where's your new M3?
Appreciate 0
      04-07-2008, 11:41 PM   #17
Ray
Member
Ray's Avatar
306
Rep
22,825
Posts

Drives: three series
Join Date: Aug 2006
Location: sfCA

iTrader: (0)

Quote:
Originally Posted by Kiemyster View Post
i have nothing to worry. my house and car were paid for in cash. so no one can take back anything thats mine. so im pretty much "safe".
Assets can be repossessed in compensation for a debt(s) owed to other lenders.
Appreciate 0
      04-08-2008, 10:40 AM   #18
ALPINE6SPD
Lieutenant General
ALPINE6SPD's Avatar
United_States
156
Rep
10,411
Posts

Drives: 2010 BMW 328i Sport
Join Date: Dec 2005
Location: Highland Lakes NJ

iTrader: (2)

Quote:
Originally Posted by CRZ410S View Post
People's perception of whether they can afford a new M3 has more to do with the daily news brodcasts scaring the sh-t out of them about the economy then the economy itself. People are triger shy currently on large purchases. I think it will pass soon.
If you are shopping for a M3 I would take advantage of the brief slow down in demand.
This is correct. If they want the econmy to get better they should broadcast on the News how great the economy is looking and that they are confident it going to be great in the near future. If they did this more people would spend money and evrything would start to get better. The Media really almost runs this country now and it really is VERY VERY sad. People should really stop beleving everything in the news and do the research on their own to find the truth instead of relying on a very liberal run media.

I have a feeling BMW will just start making less cars to compensate for the slower demand. I sell BMW and this M3 is popular but not like previous M cars and CRZ410S stated it perfectly as to why.
__________________
2010 AW e90 328i: 6 speed, Black Leather, Dark Wood trim, ZPP, ZCW, ZVP,ZSP, Nav, Xenon
BMW Performance CF Rear spolier and Gloss black grills
2008 Candy White MKV GTI 2.0T 6 Speed Manul Gone
2008 AW X3 3.0si: 6 speed Returned
2006 AW e90 330i: 6 speed Dinan Stage 1 Returned
Appreciate 0
      04-08-2008, 11:02 AM   #19
E90330iS
Major General
Germany
143
Rep
6,333
Posts

Drives: BMW M4
Join Date: Jan 2006
Location: Arcadia, California

iTrader: (56)

Garage List
2006 330i  [0.00]
Quote:
Originally Posted by ALPINE6SPD View Post
This is correct. If they want the econmy to get better they should broadcast on the News how great the economy is looking and that they are confident it going to be great in the near future. If they did this more people would spend money and evrything would start to get better. The Media really almost runs this country now and it really is VERY VERY sad. People should really stop beleving everything in the news and do the research on their own to find the truth instead of relying on a very liberal run media.

I have a feeling BMW will just start making less cars to compensate for the slower demand. I sell BMW and this M3 is popular but not like previous M cars and CRZ410S stated it perfectly as to why.
I agree with you about the recession by media theory. However, it would be a good direction also if the BMW slow down its production.
__________________
Appreciate 0
      04-12-2008, 10:18 PM   #20
valeram
Major
37
Rep
1,413
Posts

Drives: 992 TTS, 991.2 GT3 T, F80 M3 C
Join Date: Oct 2006
Location: Dublin, OH

iTrader: (0)

Quote:
Originally Posted by Ray View Post
Assets can be repossessed in compensation for a debt(s) owed to other lenders.
In addition, the value of your property went down because of this sub-prime real estate problem.
Appreciate 0
      04-13-2008, 03:16 AM   #21
Keto
Lieutenant Colonel
Keto's Avatar
United_States
73
Rep
1,603
Posts

Drives: F80 M3
Join Date: Jul 2007
Location: WHO DAT NATION

iTrader: (1)

Garage List
2015 BMW M3  [10.00]
Quote:
Originally Posted by Ray View Post
Assets can be repossessed in compensation for a debt(s) owed to other lenders.
Are you a lawyer in Trinidad and Tobago?
__________________
2015 SO/SO MT M3 :: Exec : Lighting : Adaptive : HK : CF trim : Full leather : DAP : Black 19's : sunshade
Crystalline tint 40%/70% on windshield : M performance mirrors, spoiler, splitters : Status Gruppe CF lip : RKP diffuser : Fully dechromed
Bavsound Stage 1 : V1 Savvy hardwired : Self-coded
Appreciate 0
      04-13-2008, 03:18 AM   #22
oneginee
Banned
16
Rep
416
Posts

Drives: GT3 RS
Join Date: Oct 2007
Location: SE

iTrader: (0)

Glad to see there is some sense from people on this forum.

Now I know this is very controversial but had washington not decided to invade irak against the general consensus and lamely hijacked patriotism to turn it against anyone who would oppose this let's lynch someone to make us feel better mentality the economy would not be in such a disarray. Subprime mortgage crisis yes but let's not forget this very costly war that has done huge damages to the image of the country both as it is seen by others as well as self image. I was against it from day one and have never shifted my position one second after all these years. The american media should be lined up and shot.
Meanwhile we are paying tax dollars to support corrupted banks like Bearn stearn that make millions and let it to others (=tax dollars) to clean their fkn mess. WTF !!.

ok back to car talk.

Last edited by oneginee; 04-13-2008 at 02:22 PM..
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 08:12 AM.




m3post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST