Say it aint so joe..

[Dr_Jones]

http://www.leftlanenews.com/bmw-to-h...ket-slump.html

[Brandon26pdx]

Of course they have to put a picture of that ugly ass M3 sedan along with the bad news text.

[4wheelcycle]

I think part of the problem for BMW is that a very high proportion of their cars are leased rather than purchased. Leases are basically loans, and since the credit market has frozen up I assume it is very hard to get a lease approved these days, or even for BMW to borrow money to offer leases to its own customers.

I did not realize such a high proportion of BMW's cars are leased rather than purchased (60%?) until I bought my first BMW (135i) in May and started reading posts on this forum.

[VFX]

How about some of the wise guy comments like this one...

No one is immune from the global slowdown — not even BMW, since “luxury cars” are generally inelastic when it comes to price sensitivity of potential consumers. Rich are rich — they have money to spend on cars, they generally will.

Guess those wannabes who want to drive the entry level 1- or 3- series won’t be able to afford to drive one off the lots now that credit is really tight in the US (and probably most of the world) now."

.

[future135i]

I guess we all can expect some awesome deals on all models in the near future!

[larryn]

'eh.. It's only for a week at two locations. Not that bad. I suppose it's better than massive layoffs, which may also not be out of the realm of possibility.

[Esmallstii]

Originally Posted by Brandon26pdx

Of course they have to put a picture of that ugly ass M3 sedan along with the bad news text.

UGLY? Wow,..I'd say you are in the minority around here. M3's are Damn sexy.
I Actally like the looks of the M3 Sedan better than the coupe, and Im usually a coupe lover. Sedan just looks better on this car IMO.