2015 Honda Accord Adds Equipment, Prices Increase $150

Popular sedan, coupe see changes for new model year. ...

Popular sedan, coupe see changes for new model year.

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Is The BMW i8 Worth The $100,000 Price Markup?

Supply and Demand. It’s what makes the capitalist economy go round and round. It’s no secret that the first year’s run of BMW i8s are sold out. But here’s the kicker, if you are willing to pay over sticker, they are still available. The quest...

Supply and Demand. It’s what makes the capitalist economy go round and round. It’s no secret that the first year’s run of BMW i8s are sold out. But here’s the kicker, if you are willing to pay over sticker, they are still available. The question is, how much will they cost you. Just this month a well heeled prospective buyer was told an i8 was available if he was willing to pay “Market Value.” “Good morning Mr. X, Thank you for your interest in our BMW i8. We are scheduled to get our first i8 in September but the information as to build and options is limited to us at this point. To date we have four clients who have given a deposit and you will be the fifth. The deposits at this point are just holding the clients place in line to have the right of refusal or purchase. However, this BMW will be sold at “Market Value”, not MSRP. In short, the input we are receiving is the selling price of the i8 will be between $50,000.00 to $75,000.00 above MSRP.”

Is The BMW i8 Worth The $100,000 Price Markup?

We have also learned that some dealers sold their i8s for as much as 100,000 over sticker, that’s nearly a 75% surcharge. Then there was the very special one-of- a-kind BMW i8 Concours d’Elegance Edition, which was auctioned off for $825,000, nearly $700,000 over sticker last week. This though was sold in a Gooding auction to raise money for a Pebble Beach Charity and can’t really be considered a market indicator.

Is The BMW i8 Worth The $100,000 Price Markup?

The i8 is truly a remarkable sports car. Its exotic looks are matched by its exotic construction, a carbon fiber reinforced plastic body with an aluminum subframe complete with a plug-in hybrid power train capable of 0-60 in 3.8 seconds. It can run up to 23 miles on pure electric mode at speeds up to 75mph. The front wheels are powered by an electric motor with 131 hp and provides instant off the line torque. The rear wheels are powered a three cylinder 1.5 liter motor putting out 231 hp and 236 lb-ft, making it the most powerful motor of any BMW production motor at 154hp/liter. Back in April when we test drove the i8 and parked it on Rodeo Drive, people literally swarmed the car, snapping cell phone pics and selfies with it. Driving it hard through the canyons revealed the i8 to be a true sports car.

Is The BMW i8 Worth The $100,000 Price Markup?

For a full review of our drive of the remarkable and revolutionary i8 read here. So this brings back to the original topic: why would anyone pay $100,000 over MSRP for the i8? 1. It’s a limited run of a very special car, the demand can readily outstrip the supply. Historically, this is a point at which in a free economy some are willing and able to pay over MSRP for the ability to purchase as vehicle they would not have otherwise gotten at that moment in time. 2. There is no question that the BMW i8 is a truly special car. Add to that the accolades from the automotive press and widely publicized fact that the first year’s run of i8s are sold out in the US and there is the perfect storm for i8’s going substantially over MSRP. 3. Some people just want to have the latest and greatest, at no cost and they enjoy the bragging rights. In this case, money is no object to them and this is just another toy. But why wouldn’t make sense to pay so much for the i8? 1. There is no way that the i8 is going to be a limited edition run car. BMWBLOG has been told by a BMW AG representative several months ago that BMW will manufacture as many i8 cars as customers want. That’s not to say there aren’t limitations in the rate of production. 2. The i8 is a incredibly complex gull winged carbon fiber machine. So for the near future, demand will exceed supply. Without a doubt some BMW Dealerships are shortsighted and choose to sell for what the market will bare. It is normal and not uncommon. Other stores will value long term relationships with their customers and immediate profit is not their long-term strategy. Only time will tell where the i8 will shake out in all of this, but it is my belief that supply will catch up with demand sometimes after 2015. BMW has invested too much into the new sub-brand BMW i to make the i8 a limited run production car. Let us know what you think. The article Is The BMW i8 Worth The $100,000 Price Markup? appeared first on BMW BLOG

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1964 Ferrari GTB/C Speciale Sells for $26.4 Million at Pebble Beach

Becomes the fourth-most expensive car to sell at auction. ...

Becomes the fourth-most expensive car to sell at auction.

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Long-Wheelbase Infiniti Q50L Debuts for China

Will be first Infiniti model produced in China. ...

Will be first Infiniti model produced in China.

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2015 Land Rover Discovery Sport Interior Teased on Video

Full reveal comes September 2. ...

Full reveal comes September 2.

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Entrancing Video: Driving Heaven in a F20

An entrancing and hypnotic driving video by a BIMMERPOST member encapsulating his 2 day, 22 hour, 9 alpine pass, 885 mile trip in his F20 1 Series. ...

An entrancing and hypnotic driving video by a BIMMERPOST member encapsulating his 2 day, 22 hour, 9 alpine pass, 885 mile trip in his F20 1 Series.

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FIA Testing BMW i8 as Official Formula E Safety Vehicles

Via FIA: The all-electric FIA Formula E Championship has today confirmed that its course cars for the inaugural season will be fitted with Qualcomm Halo wireless charging technology. With the final specification of car set to be announced shortly, t...

Via FIA: The all-electric FIA Formula E Championship has today confirmed that its course cars for the inaugural season will be fitted with Qualcomm Halo wireless charging technology. With the final specification of car set to be announced shortly, the championship’s technical team took advantage of today’s final test at Donington Park to trial two BMW i8 and two BMW i3 models with the aim to evaluate them for the series’ official course cars. Earlier this year, the German marque was part of the Global Launch event of the Formula E in London. All four BMWs have been specifically modified to meet FIA requirements, with one of the BMW i3 models featuring an inductive charging system from Qualcomm Incorporated (NASDAQ: QCOM), with the remaining three vehicles set to be adapted at a later stage. The technology has been developed by San Diego-based Qualcomm Incorporated, one of the official Founding and Technology Partners of the series and a global leader in 3G, 4G and next-generation wireless technologies. The Qualcomm Halo™ technology uses resonant magnetic induction to transfer energy between a ground-based pad and a charging pad fitted to the underside of the vehicle. The cars can then simply park over the base pad for charging to start automatically. The chosen safety car – which will be officially entitled the Qualcomm Safety Car – will be driven by experienced driver Bruno Correia, whilst the medical and extraction cars will be overseen by FIA Medical Delegate Dr Phil Rayner and his team. The cars will be positioned at the end of the pitlane, charging wirelessly and ready to be rapidly deployed as required during each practice, qualifying and race. Steve Pazol, GM, Wireless Charging at Qualcomm Incorporated, said: “Qualcomm is honoured to be an integral part of FIA’s Formula E Championship. As electric vehicles become more ubiquitous, charging them wirelessly is an obvious next step in the EV evolution and we are excited to showcase this in Formula E. Motorsport is a known proving ground for new technologies, and in addition to our wireless EV charging technology, Qualcomm will be bringing more of its technologies to bear as the series goes forward.” Alejandro Agag, CEO of Formula E, said: “Qualcomm’s wireless charging system is ground-breaking technology and represents an exciting evolution for charging electric vehicles. Wireless charging has the potential to radically improve the electric vehicle driver experience and Formula E provides the perfect platform in which to develop, test and showcase this exciting new technology.

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BMW Team RLL is aiming for more points.

Up next for BMW Team RLL is the United SportsCar Championship (USCC) event at Virginia International Raceway, in Alton, Virginia, on 24th August, which is round nine of the 2014 season.  The weekend will feature Grand Touring cars in a 2hour ...

Up next for BMW Team RLL is the United SportsCar Championship (USCC) event at Virginia International Raceway, in Alton, Virginia, on 24th August, which is round nine of the 2014 season. 

The weekend will feature Grand Touring cars in a 2hour 45minute standalone race for GTLM and GTD competitors around the venerable 3.27-mile (5.26 kilometres), 17-turn permanent road course.  BMW Team RLL has raced twice before at VIR, in the 2012 and 2013 American Le Mans Series (ALMS) seasons, with a best finish of fourth in both years. Recently the circuit has be resurfaced and widened in certain places to offer more passing opportunities. That is sure to increase the competitiveness of the GTLM class that on most weekends qualifies its field within one second.  BMW Team RLL claimed a well-deserved second place finish by the number 56 BMW Z4 GTLM of John Edwards and Dirk Müller at the last round at Road America on 10th August. Bill Auberlen and Andy Priaulx stand fourth in the driver points and Edwards and Müller have climbed to fifth. BMW Team RLL is fourth and fifth in the GTLM Team standings. BMW is still fourth in Manufacturer points, but gained four points at Road America to now be only two points from third.

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BMW X5 Security Plus Can Withstand Fire from an AK-47

Laminated glass and extra steel panels make this the toughest X5 yet. ...

Laminated glass and extra steel panels make this the toughest X5 yet.

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2015 Chevrolet Corvette Stingray Eight-Speed Automatic Review

It’s faster and more efficient than the manual, but is it mean enough? ...

It’s faster and more efficient than the manual, but is it mean enough?

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