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FWIW, BMW does NOT endorse this behavior. (archive)
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Posted by jedinite on December 03, 2000 at 15:35:46:

In Reply to: Miami dealer selling M3 over MSRP posted by ME on December 03, 2000 at 13:55:40:

But they can't do anything (outside of raising MSRP) to deal with it.

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