[NickyC]

BMW prices are a complete joke now, I have no idea why somebody would spend $85k+ plus on an M4 when you can get a Z06 which absolutely and positively destroys the car (not to mention a myriad of other American cars in the $50k range which still put a beating on the M4).

I just don't know who the hell is buying BMWs these days at these prices. They have to be badge whores who just don't care they're being taken for a ride. I went to the dealer the other day and they had a 235i on the lot for $59k. $59k for a 2 series that wasn't even an ///M. Absolutely nuts! You can get a nice base Corvette for that, and still have money left over!

*Also just fyi, I was a bit confused at first but this post was in response to something in another thread. It must have been moved to a thread all its own here. I didn't create a thread just to complain about BMW pricing hah. ;P *

[Huz-Z]

Originally Posted by NickyC

BMW prices are a complete joke now, I have no idea why somebody would spend $85k+ plus on an M4 when you can get a Z06 which absolutely and positively destroys the car (not to mention a myriad of other American cars in the $50k range which still put a beating on the M4).

I just don't know who the hell is buying BMWs these days at these prices. They have to be badge whores who just don't care they're being taken for a ride. I went to the dealer the other day and they had a 235i on the lot for $59k. $59k for a 2 series that wasn't even an ///M. Absolutely nuts! You can get a nice base Corvette for that, and still have money left over!

I completely agree.

I think that a very large number of the new BMWs that get driven off the dealer lot are done so under a lease so the "owner" gets the car at an affordable payment. It seems to me that many BMW cars aren't actually owned until they are retuned from lease and sold at a more sensible price.

[NickyC]

Originally Posted by Huz-Z

I completely agree.

I think that a very large number of the new BMWs that get driven off the dealer lot are done so under a lease so the "owner" gets the car at an affordable payment. It seems to me that many BMW cars aren't actually owned until they are retuned from lease and sold at a more sensible price.

Here is how people are "affording" these cars.

http://www.zerohedge.com/news/2017-0...ect-us-economy

[wdb]

Interesting graph. I remember looking around me in the 90's as houses got bigger and bigger and the pools went into the back yard and the garages got filled with German cars and the occupants went on lavish vacations. I wasn't doing anywhere near that kind of spending and I was making a decent wage. I thought "what am I missing?" Turns out that what I was missing was the concept of using one's home as an ATM machine. Lots of others did not miss the boat though and mortgage companies were happy to accommodate them - much too happy in fact. When it blew up somehow it all became the government's fault which really blew my mind.

[MalibuBimmer]

Interesting graph from a pro-Russian website that lets us know everything that's wrong about America.

[Nikolas]

I've got de-ja-vu!

[-BEASTMW-]

C&D just tested a 230i and the price with options was just north of $50k. For a 4-cyl base model BMW below the 3-series.

What's funny is how they still charge for stuff like a backup camera, when they are legally mandated next year and come standard on $20k cars as it is. Kind of like how you stay at a 5* Vegas hotel and pay a $25 "resort fee" (which you can't opt out of, SMH) just to get wi-if, when a $49.99 Motel 6 has free wifi, breakfast, etc.

[No Boost]

Originally Posted by Huz-Z

I completely agree.

I think that a very large number of the new BMWs that get driven off the dealer lot are done so under a lease so the "owner" gets the car at an affordable payment. It seems to me that many BMW cars aren't actually owned until they are retuned from lease and sold at a more sensible price.

Exactly this. Good residual values coupled with pretty good money factors and dealer discounts enable a lessee to pay what, $1k-1.1k a month on an $85k (before discount) car with nothing down?

[c1pher]

Originally Posted by NickyC

BMW prices are a complete joke now, I have no idea why somebody would spend $85k+ plus on an M4 when you can get a Z06 which absolutely and positively destroys the car (not to mention a myriad of other American cars in the $50k range which still put a beating on the M4).

I just don't know who the hell is buying BMWs these days at these prices. They have to be badge whores who just don't care they're being taken for a ride. I went to the dealer the other day and they had a 235i on the lot for $59k. $59k for a 2 series that wasn't even an ///M. Absolutely nuts! You can get a nice base Corvette for that, and still have money left over!

I saw a M240i base model at BMW Sterling VA with a few appearance doodads and they were selling it in the mid $56k (they still have it) and had an AW M2for $10k over MSRP which I guess someone shelled out the cash for. I bought my 135is CPO so didn’t pay the $51k it was listed for in 2013. After a lot of shopping around and many test drives, I ended up with a Stingray 2LT. Thing is instead of a $10k markup, I paid $10k off sticker for the Vette which is really what I would have paid for a used M4 or a used F-Type S. I am extremely happy with it so far and it’s a nice alternative to the 135is for driving around. I might get a Vitesse throttle module and a Z06 lower grille but don’t plan any other mods. It’s great as it is.

[NickyC]

Originally Posted by MGM135is

I saw a M240i base model at BMW Sterling VA with a few appearance doodads and they were selling it in the mid $56k (they still have it) and had an AW M2for $10k over MSRP which I guess someone shelled out the cash for. I bought my 135is CPO so didn’t pay the $51k it was listed for in 2013. After a lot of shopping around and many test drives, I ended up with a Stingray 2LT. Thing is instead of a $10k markup, I paid $10k off sticker for the Vette which is really what I would have paid for a used M4 or a used F-Type S. I am extremely happy with it so far and it’s a nice alternative to the 135is for driving around. I might get a Vitesse throttle module and a Z06 lower grille but don’t plan any other mods. It’s great as it is.

Awesome, you're a smart man. The Stingrays have to be the best deal out there right now, nothing is close really. Enjoy!

[ny325]

Saw a 328i well north of $50k. It had a laundry list of options, that honestly, who really needs? Way too much to name. BMW has lost me. Fortunately, my E90 with some TLC , drives, and looks like the first day I picked it up from the dealer. If I were replacing my E90, I think I'll get a Honda Accord Sport. For half the price of a BMW, more standad options, and honesty, I feel it drives similar to the F series. Sorry BMW, you are a Euro Lexus in my book.

[c1pher]

I’m guessing there will be a correction soon with interest rates set to increase and people unable to afford to stretch a loan past 72 or even 84 months at this point which is kind of ridiculous. 60 months should be about the max since you’re not paying the car down fast enough to fend off negative equity even if your loan interest is really low. A car typically loses about half its value within two years, so 48 month loans are really where you should be considering you didn’t over pay to begin with which is the topic of this thread lol.

[allinon72]

Agreed, the value proposition is quickly evaporating for BMW. The enthusiasts are keeping things going, but for how long? It doesn't help that American manufacturers are literally giving cars away to anyone with a pulse. I can take a 20 minute drive and see 6+ Camaros, 6+ Chargers/Challengers, and at least 1 Vette.

[Ickdeep]

Maybe its just the new market but one I've noticed because I'll never buy a "new" car is that amount of drop in value after the first 3 years of ownership. My personal experience, my 2013 535xi fully loaded was MSRP at $70k when it came out. Three years (only 3 years), I was able to purchase the car for around $35k.

[damnitBobby]

Why get a M4 when you can get a Corvette Z06 that's faster? Wait why get a Corvette Z06 when you can get a GT350 that's cheaper and just as special? Wait why get a GT350 when you can get a Mustang 5.0 that still has a solid V8? Wait why get a Mustang when you can get a Miata that's more fun to drive than any of those cars?

You have to draw the line somewhere right? Well let's just say some people can draw the line much further up the hierarchy then others.

I heard Kia's are having some mad lease specials maybe check those out?

[c1pher]

Originally Posted by damnitBobby

Why get a M4 when you can get a Corvette Z06 that's faster? Wait why get a Corvette Z06 when you can get a GT350 that's cheaper and just as special? Wait why get a GT350 when you can get a Mustang 5.0 that still has a solid V8? Wait why get a Mustang when you can get a Miata that's more fun to drive than any of those cars?

You have to draw the line somewhere right? Well let's just say some people can draw the line much further up the hierarchy then others.

I heard Kia's are having some mad lease specials maybe check those out?

Obviously you're exaggerating a good bit. When people do this, they are making rational judgments. I think it's ignorant to just assume that an M4 is better than a less expensive car in the same or similar segment just because it costs more. Sure as a general rule of thumb that may be true, but sometimes expensive items are just that and the cache they carry is due to history, tradition or follow the herd mentality (e.g. "you know you've arrived when you own _______").

When you also have several car magazines/car review outlets compare something like a Vette and an M4 and say the Vette is better, wouldn't that cause you to consider their feedback, even partially, if you were looking to buy an M4? None of my wealthy friends just hand out money. That's why they are wealthy. They buy CPO/used Lexus/MB/BMWs etc and not new ones. Something I am learning to finally do in life. Some of them hang onto cars a really long time since they are considered liabilities, not typically investments.

I did buy the Corvette new because I got it $10,300 off sticker and 1-2 year old/low mileage used ones were going for about the same price. So when I factored in a new warranty etc, it made sense to buy new or possibly a last generation Corvette to bring the price down further. It also seems Corvette owners like to think their used cars command a very high resale value. I plan to drive mine instead of keep it in the garage and wipe it with a diaper, so I figure it won't be worth much when I'm done.....why let the next owner have all the fun?

[bimmer456]

Originally Posted by NickyC

BMW prices are a complete joke now, I have no idea why somebody would spend $85k+ plus on an M4 when you can get a Z06 which absolutely and positively destroys the car (not to mention a myriad of other American cars in the $50k range which still put a beating on the M4).

I just don't know who the hell is buying BMWs these days at these prices. They have to be badge whores who just don't care they're being taken for a ride. I went to the dealer the other day and they had a 235i on the lot for $59k. $59k for a 2 series that wasn't even an ///M. Absolutely nuts! You can get a nice base Corvette for that, and still have money left over!

*Also just fyi, I was a bit confused at first but this post was in response to something in another thread. It must have been moved to a thread all its own here. I didn't create a thread just to complain about BMW pricing hah. ;P *

The M6 is even worse, no point in buying it new for $100K+ when a 3 year old car with low miles can be had for $40K

[MalibuBimmer]

Originally Posted by bimmer456

The M6 is even worse, no point in buying it new for $100K+ when a 3 year old car with low miles can be had for $40K

One point is the new car warranty. Perhaps it's not worth the difference, but seats no one else has farted in also has value to me.

[Law]

Originally Posted by MalibuBimmer

One point is the new car warranty. Perhaps it's not worth the difference, but seats no one else has farted in also has value to me.

That gave me a good chuckle

[NorthernDancer]

Agree with the high new car BMW pricing. I've never bought new and never will. In 2009 my wife (w/o my knowledge) test drove a new 09 135 in Sedona red). Price was $53K. I told her WAY too much. Car didn't sell. Was driven likely by a salesman for 6-8 months, (now 2010) curb rash on some wheels and price dropped to $43K. Still way too much. Car did have options I did not want (auto trans) and did not have options I would want (6MT).

In early 2011, I saw a 08 128 6MT, sp pkg in Sedona red, low mileage which I was able to purchase for $20K. It came with new tires and full history. It was a new car as far as I was concerned. Still have it now in 2017, its been very reliable and I just love it to pieces.

[TheMidnightNarwhal]

I think we can all agree a brand new BMW is always and will always be crazy overpriced. I will never be able to afford a new one that's for sure. Any luxury car that is.

[TheMidnightNarwhal]

Originally Posted by MalibuBimmer

One point is the new car warranty. Perhaps it's not worth the difference, but seats no one else has farted in also has value to me.

True, depending on the car... if it's something unique ish like the i8 yeah but other more generic cars not so much. And anyways don't CPOs can come with them.