:thumbsup: Hello everyone. I have placed the deposit....and now have to wait. I have enjoyed all my bmw's and believe the next generation m3 will be what it should be-a luxury rocket that I hope will be around mid 4 sec 0-60 time. I've never had an m3 but have owned a 328i, 540i, and an m5 and know now I can't live without an M for long. cheers

you're crazy! :)

You realize what you just did......you loaned the dealership money for at least 2 years at 0% interest.

Didn't know you could place a deposit this early.

may be you couldn't but this exact dealer will sell you E90 M3 later .. same as you go and buy one when E90 M3 is launched?!

You realize what you just did......you loaned the dealership money for at least 2 years at 0% interest.

And...?

Think of it as buying an option - investors do it all the time. You're not GIVING them the money, so all you're missing out on is interest.

Assuming a $1000 deposit, over 2 years' time at even very optimistic interest rates amounts to no more than a couple hundred bucks (more realistically less than $100 at deposit rates).

For that ~$100 opportunity cost, you're buying the right to purchase a E90 M3 at MSRP, on or near the day of release, depending on how early you get in.

Given that at that same time, you almost certainly won't be able to walk into a dealership in the country and buy that car for less than $10k over MSRP that hundred bucks seems like pretty smart money to me.

So then, if you want an E90 M3, your options are:

1) Tie up $1000 for 2 years, and miss out on $1-200 interest income
2) Pay out the nose (I'm guessing $10k) to a profiteering dealer (these are generally not the ones that take deposits)
3) Wait... Probably 6-12 months or more until supply catches up with demand and you can get one without paying a premium.

Personally, it is a no-brainer - I chose option 1. The hundred bucks it'll likely cost me to have the very first M3 that my dealer gets will pay off many many times over in the enjoyment I'll have with the car during the time that I'd otherwise be waiting (because I'd NEVER pay a $10k ransom for a car).

:dance:

thanks for the last reply. that's the way I feel about it. I appreciate everyone's input though. the lost of interest money is not an issue- most of us can afford the loss thankfully and I have talked to my salesman and will get msrp.

Some dealers in the US received $10,000 over list when the 2001 M3 first came out ?That is crazy .My brother bought an 01 when it was first released in Canada and paid list.It was from a dealer we have used for many years.I have never heard of a dealer getting more than list on a new car in Canada.I definitely wouldn't pay more than list on any car.As for the $1000 deposit,i don't think there is anything wrong with doing it.If you really want the car when it is first released, it is probably the only way you will get it.