Demand>Supply=means innelastic in good, price up (archive)

: A lot of people here on the board are raving about the new M3 that we
: all haven't even seen. I believe this is due to brand recognition and our
: desire for wanting it. If that's the case, aren't we all doing ourselves a
: disservice by even guessing as to the pricing of the car and its
: ridiculous demand before the car even exist. Apart from making
: cars with symbolic performance achievements, BMW is no dummy.
: They are in the business of making money and creating an image for
: a product that has yet to be build. Aren't we all fueling into this
: level of demand where supply still is nilch. Come on guys, wise up.
: As long as this continues, we are playing into its hands. Don't for one moment
: that BMW does not read the posts of this board and come to the
: conclusion based on our guessing of its pricing and our ravings
: by then setting a price based on demand rather than on value.
: I for one know its gonna be a good car, but setting bogus demand on
: it before there's pricing or its existence is akin to "take my money,
: I demand the holy grail of M3s regardless of how much its gonna
: cost me".

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