[Anderson11]

Originally Posted by Cryptic7

Quite a bit increase right? 3 grand or so? Still less than Porsche is doing

$3250 increase from my 2023 build.

[chrisk03]

Dayum...guess the deep state plan of ultimately getting rid of cars is in full motion. 😂 I'm fortunate enough that I can afford an M3, but not a shot in hell I'm spending ~$100k on one. Can't stand ID8, too, so perhaps a used one is how I'd go anyway. Crazy, expensive times we live in.

[Quadruple VANOS]

Originally Posted by skyline408

Man, you gone out to eat recently? For my family of four, 2 adults and 2 kids, dinner out is easily $90+.

Everything has gone up!

I think you’re even being reasonable. I just went to a mid-tier steak house (Bergen County NJ) and it was $90 for a filet entree and just ONE Jack on rocks! Isn’t fast food like $50 for a family of four?

[19G20]

Originally Posted by Eric500

any meaningful changes? or just a price increase?

Those interest rate increases are really helping inflation.

[vj123]

Originally Posted by Remonster

Sounds crazy but it's right in line with inflation. Factoring in the actual value of a US dollar now vs. end of 2020 / beginning of 2021, it's actually significantly cheaper now.

Agreed. And any reply to your comment is going to derail this discussion.

[harperium]

Originally Posted by geko29

One way of thinking about Select is it's a finance (purchase) option that is structured to look like a lease.

yep. and for cities like chicago that rape you with extra lease taxes, the Select plan avoids that and gives the city the middle finger.

[BadBoostedBMWM3]

I just picked my 23.

Are the 24’s still idrive 8?

[Limegrntaln]

24 vs my 22.

[Limegrntaln]

The depreciation in just under a years time, is almost enough to make you throw up.

[gemini.m3]

I have a MY22 with less than 2800 miles (need to drive it more) xdrive comp. I was debating getting the LCi with maybe an individual color and/or manual, but the new prices and rates just don't make it worthwhile to me.. and some would argue they would prefer idrive 7.

sucks. If LCI looks really good I might do it anyway but otherwise this one is a keeper.

[M4rchael]

Inflation pricing just makes the pill harder for those to swallow waiting for an allocation... My build used to be 87 for a 6MT with an indiv color but now is much closer to 94...

[snowbimmer]

Originally Posted by 19G20

Those interest rate increases are really helping inflation.

Actually, it's the other way around. But either way, everything now costs a shit-ton more, thanks to Uncle Joe's economy. And, the Fed says it ain't done with the rate hikes yet. Craptastic, man.

[davidmct-M3]

Originally Posted by snowbimmer

Actually, it's the other way around. But either way, everything now costs a shit-ton more, thanks to Uncle Joe's economy. And, the Fed says it ain't done with the rate hikes yet. Craptastic, man.

People seem to forget that inflation started taking off during the pandemic die to lockdowns crippling supply chains meaning demand outstripped supply. This was compounded by the government support plans which in the UK cost £400 billion. Henve we ended up with something like $1 trillion in household savings in the USA feeding through to more demand. In the UK consumer spending is still way up.

This was then compounded by the war and worker shortages leading to tight economies

Go figure.

/rant

[SolarTrans]

Originally Posted by chicagofan00

Select is similar to financing for the first 60 months, then at the end of the 5 year initial loan term you have a predetermined balloon payment to make. You can either A) pay off the balloon in one lump sum, B) finance the balloon payment to whatever terms/rates are available at the time, or C) trade the car in/sell and ensure you get enough to at least cover the balloon payment.

I did select financing on my M3 back in November of 2021. My balloon payment at the end of the initial loan term is set for just a little over $37k.

The biggest problem / overlooked aspect of Select is the ammortization.

Because you make 0 payments toward principal on the balloon portion, you are paying interest on that full amount every month for 5 years.

After that 60mo, you will have paid more $ in interest compared to traditional financing at the same rate. Can easily be the difference of a couple grand.

[manuelf]

Originally Posted by gknights1

Pretty absurd, not sure how they constantly justify price increases without exponentially improving things.

Maybe they looked at the hilarious approach of the competition (hint: AMG C63S E Perf.) and thought: Easy - we can up G8x prices ... there is no competition now and in the near future anyhow

[Cryptic7]

Originally Posted by manuelf

Maybe they looked at the hilarious approach of the competition (hint: AMG C63S E Perf.) and thought: Easy - we can up G8x prices ... there is no competition now and in the near future anyhow

Literally every mfg is doing this right now. My 22 Boxster stickered like 78k and would be over 85k now. 911s have inflated much worse and there’s a rumored new price increase coming soon from Porsche.

911 used to be the affordable dream car but they’re quickly approaching other exotic prices now

[bilalaman]

The 50 Year Emblems not compatible with the 2024 Model. How is that possible?

[ASAP]

My build on M3x now comes to $88K... not much different with another $1700... the increase makes sense given the demand but ultimately the real question is, is an M3 worth $90k? not sure about that...

[bilalaman]

Originally Posted by ASAP

My build on M3x now comes to $88K... not much different with another $1700... the increase makes sense given the demand but ultimately the real question is, is an M3 worth $90k? not sure about that...

Try buying a comparable sorts car with 500 HP. So definitely worth the sticker IMO

[bilalaman]

Is anyone tracking a MY24 M3 as im curious on the ordering timeline

[ASAP]

Originally Posted by bilalaman

Try buying a comparable sorts car with 500 HP. So definitely worth the sticker IMO

Corvette C8 immediately comes to mind - not the same class... but does come with a V8 and a DCT...

You have to remember, the M3 is in effect built on the same car as a 340i with the exact same tranny even... so $30K somehow goes into a different suspension and an S58 motor... BMW knows how make money here because the margins must be high.

[geko29]

Originally Posted by bilalaman

The 50 Year Emblems not compatible with the 2024 Model. How is that possible?

They weren't even available on all '23s (including my April 10th build). They were available for builds from March '22 to Feb '23.