BMW M3 Coupe Pricing Announced (US)

 BMW M3 Coupe Pricing Announced (US)
BMW M3 Coupe at Detroit Motor Show

During the North American Motor Show, BMW announced the pricing for the new M3 and its good news with the sedan coming in at $54,575 and the coupe at €57,275 which is much lower than had been originally anticipated. Recent reports had suggested it would be priced nearer the $62K mark.

The signicance of this is likely to be felt by Lexus who had recently announced the pricing of the IS F will be $57,000 which really puts the two rivals in a serious battle for superiority

Source: BMW

During its press conference today at the 2008 North American International Auto Show in Detroit, BMW announced the pricing for the highly anticipated 2008 M3 Coupe and M3 Sedan. When the vehicles go on sale in March, the Coupe will be priced at $57,275 and the Sedan at $54,575. Sharing the high-revving 414-horsepower V8 and balanced chassis designed to be “faster than its engine,” this March, BMW M GmbH will offer the most powerful, best performing series production M3s to the North American market.

The all-new 2008 M3 Coupe and M3 Sedan—the fourth generation of compact sport vehicles which set the standard in minimizing any compromises between race-inspired performance and luxury and convenience—feature the first V8 in a series-production BMW M3. They also feature driver-adjustable settings for crucial dynamic controls encompassing engine response, steering, damping and stability (with an available steering-wheel-mounted “MDrive” button to store the preferences) and a sumptuous interior which can be optimized to the driver’s desires including the comprehensive entertainment/navigation system operated through BMW’s latest iDrive controller.

Additionally, the 2008 M3 Coupe is the first production vehicle in its segment with a carbon fiber reinforced roof. The material shares the same safety properties as steel, but is four times lighter. Weighing around 11 lbs. less than a standard steel roof and approximately 44 lbs. less than a steel roof incorporating a moonroof, the carbon fiber reinforced roof provides significant weight saving at the highest point of the car—lowering the car’s center of gravity—to increase agility and responsiveness while limiting dive and roll in turns.

Racing provided the reason for the original M3’s 1986 creation as the company had to produce road-going homologation versions of its 3 Series Coupe to enter the motorsports version in the German Touring Car Championship. The original M3’s popularity provided the impetus to continue developing the M3, making it both a better performer and more inviting road car. The M3 has continued to evolve along with the underlying 3 Series, the company’s most popular, upon which it is based.

In 1987 North Americans received their first taste of the high-rpm, naturally aspirated 2.3-liter four-cylinder M3 Coupe’s 192-hp and thus was born a legend on this side of the Atlantic. The next generation arrived in 1995 with a 3.0-liter (and later, 3.2-liter) 240-hp inline-six powerplant. In 1997 the first M3 Sedan joined the family and the first M3 Convertible followed shortly thereafter. The most-recent version, available from 2001-2006 as either a coupe or convertible, again was offered with six-cylinder power, this time providing 333 hp from its 3.2 liters. This vehicle was BMW’s first use of SMG (Sequential Manual Gearbox) for the U.S. market.

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 ceven ceven
That is disgustingly inexpensive. Here (Germany) you get a fully equipped for a listed price of just EUR 85,265.00. That's the coupé. If you can live without this and that, you might end up buying one with less fancy equipment for circa EUR 60,000. ?. That's like ... 88,800 ?. 126,192.00 ? for the fully equipped one. sic!
January 15, 2008 6:28 pm
 ceven ceven
Argh. 126,192 US$. my bad.
January 15, 2008 6:29 pm
 Ferrariguy Ferrariguy
The MSRP might be 54k or so, but knowing BMW, after options and other goodies, the car will be around 65k or so before taxes, and that is for the sedan. As for the Coupe I believe it will be around 70k with options and such. This is just speculations from me, but we all know that european car manufacturers like BMW love to have lots of options like making leather optional as well, in which, it would quickly rise up the price. Only time will tell, but remember the lexus is 56k base, which, is pretty much fully loaded. All you need is the mark levinson/dvd option and that would put you around 59k or so and it is fully loaded. Plus the options on the lexus is already announced and that is pretty much it aside from a little bit more.
January 15, 2008 9:21 pm
 Homerlovesbeer Homerlovesbeer
The US pricing makes me sick. Why do they pay bugger all for a new M3 when here in Australia we pay $170000 for the coupe ($149000 US). It is a practice that really has to stop. Either make the cars a similar price in the UK, euro and Aus markets or charge more in the US. I don't care how "big" the US market is....combine the UK Uuro and aus markets and we'd kill the US. If we had LHD cars here in aus I guarantee motorists would be privately importing the M3 from the states in their thousands.
January 15, 2008 9:31 pm
 BMWil BMWil
You've got to remember, that Australia has high taxes to look after our diminishing motor industry. The sooner the stop making cars in australia the better. We have import duty, Luxury car tax, GST, stamp duty, ETC. US especially has a motor industry and it doesn't hurt them. But don't blame BMW wholely for our pricing. They are a "franchise" of BMW to so its about buying power.
January 15, 2008 11:56 pm
 Homerlovesbeer Homerlovesbeer
Wrong BMWil. Before ANY taxes are applied to the M3 it has a list price of Aus$125000. Then you add Luxury tax and GST on top of that price. The US pricing equates to aus$61,898.40 and aus$64,960.71 respectively. So we end up paying double BEFORE tax for our M3. Grrrrrrrrrrrr
January 16, 2008 5:24 am
 Ferrariguy Ferrariguy
Makes me proud to live in the USA, especially in Southern California, where the weather is awesome year round to enjoy these cars. =) I wonder how much 911 turbos' cost in the UK or Australia and converted to US currency?
January 16, 2008 7:20 am
 ceven ceven
997 911 Turbo: GBP 99,920.00 incl. VAT; 195,473.496 USD 997 911 Turbo Cabriolet: GBP 106,110.00 incl. VAT; 207,583.00 USD 997 911 GT3: GBP 80,660.00 incl. VAT; 158,521.10 USD 997 911 GT3 RS: GBP 95,640.00 incl. VAT; 187,961.30 USD 997 911 GT2: GBP 130,017.00 incl. VAT; 254,352.26 USD Poor me. I'll have to migrate before I'll be able to afford one. Ever.
January 16, 2008 9:48 am
 muellr muellr
well, german car buyers have to pay up to 30% more even compared to other EU countries, like Italy. that is why it is common to import from there na dsofe some bucks. also as ferrariguy put right that price is always without the salestax than can range from 0% in Portland to 10.5% in Chicago, plus title, delivery etc. so you have to add that to the equation and then its not that far off anymore. On the other hand euro cars for sale in the US are well equipped compared to the ones sold in Germany where they charge even for a little light iluminating the mirror in your sun visor... now that is sick. the option list in Germany is about 30 pages and in the US about 3 pages, without denying anything, most is simply already standart.
January 17, 2008 1:26 pm
 foose1397 foose1397
Couldn't agree more. This is why i have to laugh when some Americans say that we have it so bad when it comes to price. We pay a lot less for many goods, especially things related to vehicles (petrol, some car parts etc...) and especially the novelty cars (like m3 and audi rs4). The kicker is people still complain. But the only thing that is ok to complain about is the quality of our vehicles. Heck Americans can build quality cars every were else except for America. Back on track: this BMW has some nice specs but bland design for an m3
January 17, 2008 10:51 pm
In russia full specs M3 will cost you about 145000 USD. Can someone give me a greencard?
January 23, 2008 7:40 pm