RE: Driven (briefly): BMW M3 CRT

RE: Driven (briefly): BMW M3 CRT

Author
Discussion

Thorney

408 posts

260 months

Wednesday 23rd January 2013
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I love BMW doing these kinds of models, it just validates what we and others do to the standard cars for less money. smile I'm not saying they are direct compares (OEM to aftermarket will always be different markets) but when BMW start adding better exhausts, remapping ECU's, stiffer springs etc it just conforms that what we do is a perfectly valid way of improving the standard cars.

161BMW

1,697 posts

165 months

Wednesday 23rd January 2013
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Thorney said:
I love BMW doing these kinds of models, it just validates what we and others do to the standard cars for less money. smile I'm not saying they are direct compares (OEM to aftermarket will always be different markets) but when BMW start adding better exhausts, remapping ECU's, stiffer springs etc it just conforms that what we do is a perfectly valid way of improving the standard cars.
Fair point but a limited edition factory special on the whole will always be worth more

Standard cars can always be improved. I remember u did a talk once at a BMWCCGB Gaydon festival. Like ECU chips supposedly have a more generic engine map put in to take into account poor fuel or poor maintenance etc and not always being run in optimal conditions. Are BMWs and other manufacturers are the engine map is a car delivered to UK/USA/Middle East/Scandanavia the same ?

161BMW

1,697 posts

165 months

Wednesday 23rd January 2013
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Dblue said:
Cheib said:
Mermaid said:
Cheib said:
Makes you realise just how cheap the CSL was......even though it seemed totally the wrong price at the time.
Amazing bit of kit, and it was offered at a smidge under £60k. But they did make 1400 or so. If they had made 200, the price would have been £100k I suppose.
Yeah I think it was originally supposed to be 1,000 but BMW couldn't help themselves....even then they were reputed to have lost money. The CSL has arguably a much more of a bespoke interior than the GTS and CRT, that would have cost a lot of money to do. They basically have fancy seats/leather and or a roll cage which is cheaper to do than all the carbon parts the CSL had.

A well bought CSL will be very cheap motoring in the long term I think.
The CRT and GTS have a much more special interior than the CSL. The CSL had bespoke seats and a lightweight bootfloor. The CRT has much more trick interior with 4 full carbon seats wrapped in leather for a start.
But its all irrelevant as the CRT all sold out instantly and none came here!

And , yes, you're quite right ,the CSL is a fantastic depreciation free bargain.
Havent driven a GTS or CRT but i would choose a M3 CSL over these.
The E90 M3 is a proper Q car though. I think they built the CRT as someone mentioned on here to testbed new technology such as light weight materials and look at ways of improving the costs of these materials for future M and Series cars .... not sure if this is correct ? Dont think BMW really needs the money. Quite surprised there was never a E92 M3 CSL .... though the GTS is kind of its successor ....

Thorney

408 posts

260 months

Wednesday 23rd January 2013
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161BMW said:
Standard cars can always be improved. I remember u did a talk once at a BMWCCGB Gaydon festival. Like ECU chips supposedly have a more generic engine map put in to take into account poor fuel or poor maintenance etc and not always being run in optimal conditions. Are BMWs and other manufacturers are the engine map is a car delivered to UK/USA/Middle East/Scandanavia the same ?
Yes all manufacturer released cars have this margin built in but also there are regional differences depending (amongst other things) the fuel quality available. For example, the US cars have different maps due to different fuel quality out there (even more so for California where some manufacturers even have a differnt map for Cali cars). Try getting decent 100 octane fuel in places like rural China or West Africa, whereas in Germany 100 octane is practically the norm (I'm over emphasising but you get my point). Manufacturers make World cars, but there is still a regional market place so for the most part the manufacturers have to build in excessive margin to recognise that, we just use some of that margin.

veevee

1,455 posts

151 months

Thursday 24th January 2013
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I'm confused about this, BMW seem to be too?

4 door + roll cage?
Lightened/carbon everywhere, but then add the heaviest 'luxury' options? The 'man maths part doesn't make sense', it doesn't matter how light it is compared to an optioned up saloon, surely that's irrelevant anyway.

Dale Lomas

218 posts

155 months

Thursday 24th January 2013
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GTS is roll-caged. The CRT here is a very plush 4-seater road car with track ability.

veevee

1,455 posts

151 months

Thursday 24th January 2013
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My mistake, bit early in the morning. The rest still stands, however.

shaun1275

13 posts

160 months

Friday 25th January 2013
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Cathode Ray Tube. Also, Wow it's 45kg(!!!) lighter. Wow! No wait, it's actually 70kg lighter than it should be, because that means something, I think.

Mermaid

Original Poster:

21,492 posts

171 months

Friday 25th January 2013
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shaun1275 said:
Cathode Ray Tube. Also, Wow it's 45kg(!!!) lighter. Wow! No wait, it's actually 70kg lighter than it should be, because that means something, I think.
About the difference between a lean and mean Italian & a well nourished German. wink

will261058

1,115 posts

192 months

Saturday 26th January 2013
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Needless to say I want one but I would be happy with a stock one for now!

Escort3500

11,893 posts

145 months

Saturday 26th January 2013
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Interesting discussion going on here. There's no doubt it's a phenomenal car in almost all respects, including the price, but with such limited numbers it'll only appeal to the well-heeled collector/investor. I doubt we'll see any being ragged on a track day. Its a great looking car (with the exception of the hideous interior colours), and though it would look better in 2 door form, as a 4 door it will blend into a car park pretty well and not attract the attention of chaos and twoccers.

TomTVR500

254 posts

161 months

Sunday 27th January 2013
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WCZ said:
sc4589 said:
Clearly not as they're all sold. They know their market, they're not stupid.
where's the roof though, could they have sold 60+ cars at £200k ?

it'd be interesting to have a time machine and keep upping the price!
I agree, it is less BMW knowing their market and more, there is an ever increasing proportion of stupidly wealthy idiots that are willing to pay almost anything to drive a limited edition, show off's version of the standard car just for bragging rights.

I admit there will be a few of those 67 people that bought it because they are enthusiasts, love it and want to drive it and they may not have bought it if it was £200k plus but if they hadn't someone else would have, just because they wanted the limited edition.

I would be willing to bet that BMW could have charged almost any figure and 67 people somewhere in the world would have bought them.


Don't get me wrong, I really like this CRT M3 (apart from the fact its DCT only, same mistake as the CSL) and I am sure it is every bit as good as everyone says it is.

BUT

Nothing winds me up more than car companies taking the P*** on price. Whichever way you cut it (M power fan boy or not) there is no way the CRT costs BMW £50k more than the standard car to produce and there is nothing done to it that justifies that premium to any sane person. RIDICULOUS!

HighwayStar

4,257 posts

144 months

Sunday 27th January 2013
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TomTVR500 said:
I agree, it is less BMW knowing their market and more, there is an ever increasing proportion of stupidly wealthy idiots that are willing to pay almost anything to drive a limited edition, show off's version of the standard car just for bragging rights.

I admit there will be a few of those 67 people that bought it because they are enthusiasts, love it and want to drive it and they may not have bought it if it was £200k plus but if they hadn't someone else would have, just because they wanted the limited edition.

I would be willing to bet that BMW could have charged almost any figure and 67 people somewhere in the world would have bought them.


Don't get me wrong, I really like this CRT M3 (apart from the fact its DCT only, same mistake as the CSL) and I am sure it is every bit as good as everyone says it is.

BUT

Nothing winds me up more than car companies taking the P*** on price. Whichever way you cut it (M power fan boy or not) there is no way the CRT costs BMW £50k more than the standard car to produce and there is nothing done to it that justifies that premium to any sane person. RIDICULOUS!
Now we know... Glad you explained that. BMW have no idea what they are doing wink. How about breaking it down, explaining how much the development costs, bespoke bits, engine come together to produce and what it SHOULD cost.
And of course it doesn't cost 50k more to produce... There will be PROFIT in there too!


TomTVR500

254 posts

161 months

Monday 28th January 2013
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HighwayStar said:
Now we know... Glad you explained that. BMW have no idea what they are doing wink. How about breaking it down, explaining how much the development costs, bespoke bits, engine come together to produce and what it SHOULD cost.
And of course it doesn't cost 50k more to produce... There will be PROFIT in there too!
No BMW know EXACTLY what they are doing, that’s what winds me up. But I suppose if 67 people are stupid enough to fall for it......

Yes of course there will be profit built in..... about 40k I suspect.

You could get another TT for that!

The fact that Thorney Motorsport can give you 440-460 Bhp for about £3,300, make it handle like this if not better for another £2,000 and Recaro will sell you a pair of Leather Pole Positions for another £2,200 totalling about £7,500 shows just what a silly price this CRT is.

AND

I can have my tuned M3 with a proper gearbox so I can actually enjoy driving it properly.

Dblue

3,252 posts

200 months

Monday 28th January 2013
quotequote all
TomTVR500 said:
HighwayStar said:
Now we know... Glad you explained that. BMW have no idea what they are doing wink. How about breaking it down, explaining how much the development costs, bespoke bits, engine come together to produce and what it SHOULD cost.
And of course it doesn't cost 50k more to produce... There will be PROFIT in there too!
No BMW know EXACTLY what they are doing, that’s what winds me up. But I suppose if 67 people are stupid enough to fall for it......

Yes of course there will be profit built in..... about 40k I suspect.

You could get another TT for that!



The fact that Thorney Motorsport can give you 440-460 Bhp for about £3,300, make it handle like this if not better for another £2,000 and Recaro will sell you a pair of Leather Pole Positions for another £2,200 totalling about £7,500 shows just what a silly price this CRT is.

AND

I can have my tuned M3 with a proper gearbox so I can actually enjoy driving it properly.
I think you may be missing the point here. These are not a series production vehicle, there were only 67 , they've all been sold and BMW were using them to experiment with and market their new Carbon composite technology.

And as the full retail price for the entire run in total comes to a little over £7m I suspect that if you truly want to allocate costs to the costs of the composite development, tooling and prototyping they are very much a loss leader.

Edited by Dblue on Monday 28th January 11:01


Edited by Dblue on Monday 28th January 16:51

HighwayStar

4,257 posts

144 months

Monday 28th January 2013
quotequote all
TomTVR500 said:
No BMW know EXACTLY what they are doing, that’s what winds me up. But I suppose if 67 people are stupid enough to fall for it......

Yes of course there will be profit built in..... about 40k I suspect.

You could get another TT for that!

The fact that Thorney Motorsport can give you 440-460 Bhp for about £3,300, make it handle like this if not better for another £2,000 and Recaro will sell you a pair of Leather Pole Positions for another £2,200 totalling about £7,500 shows just what a silly price this CRT is.

AND

I can have my tuned M3 with a proper gearbox so I can actually enjoy driving it properly.
Oh right, I see, that's exactly what BMW has done for +£50k.
And only £10k of actual parts and labour. Makes ya sick doesn't it. Man it really winds you up! Why I don't really. It costs a lot of money, other people have it to spend. Be it value for money or not I really could give a sh!t whether someone has wasted there money or not, it's theirs to spend as they please.
The CRT would be brand new, fully developed and fully warrantied.
Yours would just be a moded M3. Is a Ferrari really worth the actual price the charge? Is anything.
I never get why people get so wound up about stuff like this. If think something is overpriced I don't buy it, I don't need to go on forums b!tching about it...

Dale Lomas

218 posts

155 months

Monday 28th January 2013
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More food for thought as to why it costs so much:

The CFRP honeycomb technology is unique, not sure Recaro are using that yet. With the CRT you have effectively FOUR carbon bucket seats.

It has a built 4.4 stroker motor made with motorsport parts and fully warrantied. Ask yourself how much that would cost?

Plow 10k of parts into a regular M3 and ask "will I get 10k back?"

If a CRT came up for sale tomorrow, would some collector swoop on it for the same as its original RRP?

There's a guy here at the 'Ring who has one, and he drives it a lot and he takes it into terroristenfahrten without a second-thought. So they're not all bought by vacuum-bag car hoarders...

TomTVR500

254 posts

161 months

Monday 28th January 2013
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HighwayStar said:
Oh right, I see, that's exactly what BMW has done for +£50k.
And only £10k of actual parts and labour. Makes ya sick doesn't it. Man it really winds you up! Why I don't really. It costs a lot of money, other people have it to spend. Be it value for money or not I really could give a sh!t whether someone has wasted there money or not, it's theirs to spend as they please.
The CRT would be brand new, fully developed and fully warrantied.
Yours would just be a moded M3. Is a Ferrari really worth the actual price the charge? Is anything.
I never get why people get so wound up about stuff like this. If think something is overpriced I don't buy it, I don't need to go on forums b!tching about it...
It appears you have lost the ability to type a coherent message so I think we should agree to disagree on this.

However in reply to one of you little points in there, I think there are very few cars out there that justify the price they are asking these days.

To my mind car prices have spiralled out of control in the last decade with thousands being added on to the list price with each model revision to the point where even the new Fiesta ST will be a frankly ridiculous £17k list (nearly 5k more than the previous ST) Compared to just a few years ago when a Clio 200 could be yours for just £14,600 for a Cup.

I remember the Discovery 3 was about £26k list when it came out and the Discovery 4 is now more like £42k for a "poverty" spec one.

The Ferrari F430 was about £135k new, a lot of money but probably worth it, the 458... £200k!!! And that’s before you even think about putting it on the road most were more like £240k

£100,000 in one model revision???? Madness!!

I could literally go on all day giving examples of how I think car prices in the last few years have just gone mad. I am not singling the M3 CRT out really there are hundreds of cars that are the same.

BMW produce possibly the biggest relative performance bargain of 2013 the M135i (manual obviously)

The reason it winds me up is not because I want to tell people what to spend their money on it is because as someone who loves cars, I can see them getting further and further away to the point where I can't ever see myself behind the wheel of one.

I think car prices need to come back down to earth a bit, if they carry on at this rate we will be paying £100,000 for a hot hatch by 2020!!


Edited by TomTVR500 on Monday 28th January 11:35

HighwayStar

4,257 posts

144 months

Monday 28th January 2013
quotequote all
TomTVR500 said:
It appears you have lost the ability to type a coherent message so I think we should agree to disagree on this.

However in reply to one of you little points in there, I think there are very few cars out there that justify the price they are asking these days.

To my mind car prices have spiralled out of control in the last decade with thousands being added on to the list price with each model revision to the point where even the new Fiesta ST will be a frankly ridiculous £17k list (nearly 5k more than the previous ST) Compared to just a few years ago when a Clio 200 could be yours for just £14,600 for a Cup.

I remember the Discovery 3 was about £26k list when it came out and the Discovery 4 is now more like £42k for a "poverty" spec one.

The Ferrari F430 was about £135k new, a lot of money but probably worth it, the 458... £200k!!! And that’s before you even think about putting it on the road most were more like £240k

£100,000 in one model revision???? Madness!!

I could literally go on all day giving examples of how I think car prices in the last few years have just gone mad. I am not singling the M3 CRT out really there are hundreds of cars that are the same.

BMW produce possibly the biggest relative performance bargain of 2013 the M135i (manual obviously)

The reason it winds me up is not because I want to tell people what to spend their money on it is because as someone who loves cars, I can see them getting further and further away to the point where I can't ever see myself behind the wheel of one.

I think car prices need to come back down to earth a bit, if they carry on at this rate we will be paying £100,000 for a hot hatch by 2020!!


Edited by TomTVR500 on Monday 28th January 11:35
Oh c'mon man... I'm just having a lil fun with you. I have no ideal what I costs to develop a car, how much is pure profit etc but.... Ford are pretty efficient at making cars, have had the biggest market share in the UK like forever... They sell plenty in Europe and still Ford Europe can't make any money. Yes there's over capacity and Ford have had the axe out but companies are going to give the products away. We demand more and more, development costs get higher.
We can all look at it simplistically but it's just isn't that way.

Dblue

3,252 posts

200 months

Monday 28th January 2013
quotequote all
TomTVR500 said:
It appears you have lost the ability to type a coherent message so I think we should agree to disagree on this.

However in reply to one of you little points in there, I think there are very few cars out there that justify the price they are asking these days.

To my mind car prices have spiralled out of control in the last decade with thousands being added on to the list price with each model revision to the point where even the new Fiesta ST will be a frankly ridiculous £17k list (nearly 5k more than the previous ST) Compared to just a few years ago when a Clio 200 could be yours for just £14,600 for a Cup.

I remember the Discovery 3 was about £26k list when it came out and the Discovery 4 is now more like £42k for a "poverty" spec one.

The Ferrari F430 was about £135k new, a lot of money but probably worth it, the 458... £200k!!! And that’s before you even think about putting it on the road most were more like £240k

£100,000 in one model revision???? Madness!!

I could literally go on all day giving examples of how I think car prices in the last few years have just gone mad. I am not singling the M3 CRT out really there are hundreds of cars that are the same.

BMW produce possibly the biggest relative performance bargain of 2013 the M135i (manual obviously)

The reason it winds me up is not because I want to tell people what to spend their money on it is because as someone who loves cars, I can see them getting further and further away to the point where I can't ever see myself behind the wheel of one.

I think car prices need to come back down to earth a bit, if they carry on at this rate we will be paying £100,000 for a hot hatch by 2020!!


Edited by TomTVR500 on Monday 28th January 11:35
I do get what you mean Tom, you have a point but your not helping your case by exaggerating quite so much. A 430 listed at £135k a 458 "lists" at £172k.
The Discovery3 was launched when? nearly a decade ago I think. There is inflation. Though i have no idea whether your figures are a true comparison because I have no interest in the car but manufacturers are increasingly adept at adding value (sic) by including a whole raft of extra kit, paint and trim options and "personalisation"

Something that can probably be attributed to BMW in the first place, going back decades, and demonstrated in the modern context by the new MINI.

This car (CRT )specifically is very limited edition one off and can't really be held up in the same way as a rip off.

The fact is that it's driven by supply and demand as most markets are. If there is demand at the higher prices the manufacturer is going to pitch prices at the best they can get. The purpose of these private corporations is to make a profit not to give it away altruistically. Best to not dwell too much on it or you'll give yourself an ulcer