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tdhsteacher,
You are referring to the European Delivery program. I believe the price is a couple of thousand dollars less on a 3-series, but you are responsible for getting yourself to Germany to take delivery and back to the US whilst you await your new BMW. The cost is less because, once you have taken delivery in Germany, they can import the car as a used vehicle, lowering the import tariff. See the invoice pricing thread on the main page, which provides standard dealer invoice as well as European Delivery dealer invoice. Good luck with your purchase.
Edit: When you take delivery of your vehicle in Germany, it is a full US-specification vehicle, so there are no smog or crash test issues.
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