You can’t be serious
Posted by Bill @ 7:45 pmWhile getting paid in British pound sterling has been pretty nice with the dollar getting hammered some things remain expensive on this side of the pond.
In the photo below at a BMW dealership near my apartment you can see the price being asked for this 5 Series BMW is £36,795.
At today’s exchange rate of $1.99 to the pound that puts this car at $73,222. Now, a quick check on Edmunds.com for ZIP code 90292 (Marina del Rey, CA) and the base price of this car ranges from $44,300 - $58,500. With no particular special features listed on the vehicle and if we assume this is the top of the line 550i (I couldn’t see the rear of the vehicle for the specific model) we’re talking a minimum 25% premium over prices in Marina del Rey. If it’s the base model (which is most likely) it’s a 65% premium.
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