New BMW M3 Price Rise

31 May, 2007 7 Comments

Pricing for the 2008 BMW M3 is yet to be announced by BMW Australia, however in UK, BMW have announced prices starting at £50,625 ($123,000 AUD) - which is roughly £6,500 ($16,000) more than the previous version.

The last generation M3 retailed in Australia from $140,000 to $156,000. Given the price hike in Europe, we can make an educated guess and estimate the new M3 will also rise in price by at least $15,000 plus on roads (we still pay roughly $30,000 more than the brits!).

Nonetheless, its competitor, the Audi RS4 starts at $165,000, so there is a good chance BMW Australia will raise the price to match the RS4. We estimate the likely starting price for the new BMW M3 will be $164,500.

It all makes sense when you consider the twin-turbo BMW 335i starts from around $110,000 and BMW needed to differentiate the two models considerably.

But what justifies the $15,000 price hike? Well the new M3 is now a V8 (engine specs here). Apart from putting a smaller version of BMW’s award winning V10 engine (in the M5/6), BMW have also given the new M3 a seven-speed DSG style gearbox. Lets not forget the Carbonfibre roof!

You can find more specifications on the BMW M3 here. Click here to watch the new BMW M3 in action.

Location: Home / BMW, Car News / ...

Rate Post: 1 Star 2 Stars 3 Stars 4 Stars 5 Stars (2 votes, average: 5 out of 5)
Loading ...

Print it:

2009 Pontiac G8 GT price rise
Pontiac has boasted its adopted Australian G8 GT model as the most powerful car under $30,000 in the US. However its

Toyota prices set to rise for 2009
Toyota Australia has today announced that it will increase new-vehicle prices across its entire fleet starting next year due to

HSV W427 with $168,000 price tag?
HSV has sent a letter out to customers who have lodged an expression of interest for the 7.0-litre V8 powered

Fuel prices continue to rise
Petrol giant Caltex has today warned motorists to expect rising petrol costs for 'a long time' to come, a result

Steel prices may bump up Nano’s cost
India's Tata Motors is rapidly making a name for itself in other parts of the world following its purchase of

7 Responses to “New BMW M3 Price Rise”

Bavarian Missile Says:
May 31st, 2007 at 7:03 pm
I don’t think thats bad,to get the individual paint option mine has costs $7,000. Thats over rated!!!!!!I understand they do the colours in runs and to do one colour slows production down. They are getting up there though by the time you get a few options on them. Better to buy a good second hand one I think that the money has already fallen out of in 12 months. I have even thought of bringing one in ex UK , MUCH cheaper. You can get an E46 over there for the price of a good E36 here.
(Report)
Sam™ Says:
May 31st, 2007 at 8:00 pm
import duties and taxes will kill you lisa, unless its a personal import. but its true, bimmers there are painfully cheap. a 99 e39 m5 here is pushing 60-70K depending on condition and k’s. in the uk u can pick them up for cheapest 25K, at most 40K.
(Report)
Bavarian Missile Says:
May 31st, 2007 at 8:35 pm
To be a personal import does that mean I have to buy it keep it in UK for 6 months before bringing over? Cause I could do that. Where there’s a will there’s a way!! We have UK agent for our products so I am wondering buy it keep it stored ship it over !! I did look in to it years ago but have forgoten since the crap you have to do in order to get one over cheap!!
(Report)
Sam™ Says:
May 31st, 2007 at 8:58 pm
actually its 12 months, and its not that easy. you have to have proper identification of you living there and then coming here for permanent residency, unless you get your friends to do that, so hopefully theyre the willing type! i think its also like the car cant be sold for 6 months or something, i dont know exactly, your best off talking to a customs broker who can give you professional advice.

i kno this because my dads best mate wanted to import a jag over to here as they are dirt cheap in uk, by the time he went to all the hassle of bringing it down under it came out about square of what one cost here. it sucks i know!

new zealand are lucky because they have very lenient import laws, hence why they have a huge car scene for such a small country.

but like u said if theres a will theres a way, and when ur getting 50% off on a prestige car im sure as hell theres alot of will!
(Report)
Bavarian Missile Says:
May 31st, 2007 at 9:11 pm
Thanks for the info Sam ,ok we have NZ agent too maybe I could work something out with that, then get it here?
(Report)
Bavarian Missile/ Says:
August 6th, 2007 at 7:41 pm
Have the latest Top Gear Mag {August} from overseas,Top Gear too have a blog…… Here is what the latest tester has said about it. http://www.topgear.com/blogs/d...../#thankyou

Hey Alborz,you any indication from BMW of its arrival?
(Report)
Bavarian Missile Says:
August 20th, 2007 at 3:07 pm
Anyone else read the latest write up on the new M3 in Motor ? I felt really disappointed with the cars new feel he gave. It seems to be a mini M5 not the raw M3 that I love . Is he right in thinking it is 2 steps foreward for BMW but 1 step back ?
(Report)