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Wow this thread is short course in economics :-)
As an Aussie with an M235i on order (production date 31/3/14) let me put something in perspective. It doesn't really matter what it costs.....VALUE is in the eye of the beholder.
As a small, isolated convict colony that is geographically dispersed that also has a domestic car industry (only until 2017) we have protected our domestic industry with tariffs and taxes for years. And one could say that we pay way too much for cars in 2014...... But....let me share with you the glass half full perspective.
In Dec 1999, I paid $110,000 AUD for my brand new e46 328 CI. In that same year in Australia the following applied:
Median yearly wage. $45,000
Median house price. $220,000
Pint of guiness. $5
Ticket to the football. $25
Steak at a restaurant. $22
Litre of petrol. $0.70c
In March 2014 I have ordered an M235i fully optioned, which is 65% more powerful than the e46, 30% quicker! ...has M sport suspension, has M performance brakes, M sport aesthetics etc..... And it cost me $93k AUD
In 2014 the following applies
Median yearly wage. $75k
Median house price. $600k
Pint of guiness. $12
Ticket to the football. $70
Steak at a restaurant. $45
Litre of petrol. $1.50
I think compared to what the rest of the world pays for a M235i we are getting screwed....but when you look at my numbers above, the price of luxury motoring in this country has come down whilst every other luxury continues to go up. Given the price of houses, I have decided to buy an M235i and sleep in it as well. It now is Ultimate Living Pleasure..... And value for money!!
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