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Considering that BMW had to give away the last Z4M at the end of it's model with $10K under MSRP pricing why would they even consider making another one at this time.
The new Z4 35i is priced in the low to Mid $50s about the same price as the last Z4M. A new M version would have to be prices in the $60s which is a little on the high side for the performance this car would provide.
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