What do you really get when you buy an M3?

Me and my friend were talking today about BMW, mainly M3. I was saying that it's slower than an Evo, but yet its more expensive. He was saying that you get whatever you pay for. In this topic that is specifically dedicated to my friend, I will be talking about BMW M3 in general, without making any comparisons.
First, lets look at the design. It looks pretty nice, you can't deny that. Its put together really well, but thats the looks. Is it comfortable? No. Is it fast? Obviously not. So why do people buy this car? There are many answers. It can be either they have to much money that they don't know where to stick it in, or they like the looks and want to show off. Or maybe, their friends told them that its fast. A smart person would go out and buy an M3, drive it around, understand that he made a mistake and sell that car. A wise person won't buy the car at first place. It has a giant 420 hp V8 delivering 300lb-ft. The only problem is, it doesn't have any boost. Why would you make a high rev V8? I'd rather buy a turbocharged V6. It has seats made out of fake leather, sat-nav, A/C and boat load of other stuff you don't need in a car that's made for racing, especially track racing. It all adds up to 3, 704 lb! This car is engineered just as good as VW or even worse, a Yugo! This car is the proof that you cannot combine luxury and speed together, they just don't go along. And by speed I don't mean just 0-60 and top speed. I'm talking about handling, how fast the car enters and exits a corner and all the other stuff that other douche bags just don't get and they just stick to straight lines. If you wanna look nice and at the same time get ripped off by BMW, this car is perfect for you.