Are BMW M2 actually changing hands at a premium ?
Discussion
thatsprettyshady said:
sharper said:
I have driven an M2 and they are genuinely quick and the ride is surprisingly compliant. It's stiff don't get me wrong but well damped and settles quickly after the bumps.
My car was ordered nearly a year ago but unfortunately due to personal circumstances I will be selling it as soon as it arrives. Bit cheeky I know putting it up here but I would like to see it go to someone who's waiting rather than a garage. It's the cheapest anywhere and not much over list:
http://www.pistonheads.com/classifieds/used-cars/b...
Sensibly priced (for a change), you might get into bother for advertising here though My car was ordered nearly a year ago but unfortunately due to personal circumstances I will be selling it as soon as it arrives. Bit cheeky I know putting it up here but I would like to see it go to someone who's waiting rather than a garage. It's the cheapest anywhere and not much over list:
http://www.pistonheads.com/classifieds/used-cars/b...
sharper said:
I don't have the car but those photos show the colour which I think is much nicer than the turquoise blue - although I'm sure others will disagree.
Ultimately I will cancel the order if no one comes forward - would be nice to see a genuine enthusiast have it though.
If people are prepared to pay a premium over list for a nearly-new second-hand car I'd have thought you'd have no shortage of people happy to take your place in the queue for a brand new one! However, I didn't look at the spec and the price that closely so are you offering someone your slot or are you wanting them to pay you a premium for taking it?Ultimately I will cancel the order if no one comes forward - would be nice to see a genuine enthusiast have it though.
sharper said:
I don't have the car but those photos show the colour which I think is much nicer than the turquoise blue - although I'm sure others will disagree.
Ultimately I will cancel the order if no one comes forward - would be nice to see a genuine enthusiast have it though.
Nice to see that you're so keen for it to go to an enthusiast that you're only charging a £1500 premium, very philanthropic. Why not just cancel your order and let the next in line get it for list price?Ultimately I will cancel the order if no one comes forward - would be nice to see a genuine enthusiast have it though.
You should check the Ts&Cs on the back of your order, it will say something about not selling the car within x months of buying it.
sharper said:
It's about £1,500 over list at the asking price but everyone wants to pay a bit less than the sticker price. From what I can see it's easiest the smallest premium out there.
Suppose the question is whether the cars advertised at higher premiums are selling and if so are they selling at - or somewhere near - the asking price? Looking at the spec in your advert I think the price equates to a premium of around "only" 4% so if people aren't biting at that it perhaps suggests that M2 premium pricing is coming to an end.......sharper said:
I don't have the car but those photos show the colour which I think is much nicer than the turquoise blue - although I'm sure others will disagree.
Ultimately I will cancel the order if no one comes forward - would be nice to see a genuine enthusiast have it though.
How can you cancel the order when it's been built to your spec, surely you'll lose what you've already paid up front?Ultimately I will cancel the order if no one comes forward - would be nice to see a genuine enthusiast have it though.
MikeE said:
How can you cancel the order when it's been built to your spec, surely you'll lose what you've already paid up front?
Depends if the car has been "locked" for production already which only happens a few weeks before build time. If it hasn't you can pull out if it has then it's too late. Simples. rosino said:
Depends if the car has been "locked" for production already which only happens a few weeks before build time. If it hasn't you can pull out if it has then it's too late. Simples.
The advert says due for delivery to (UK) Dealer on 23rd September, that's only 16 days away so must be built by now and about to be dispatched to the UK?MikeE said:
rosino said:
Depends if the car has been "locked" for production already which only happens a few weeks before build time. If it hasn't you can pull out if it has then it's too late. Simples.
The advert says due for delivery to (UK) Dealer on 23rd September, that's only 16 days away so must be built by now and about to be dispatched to the UK?Snowyark said:
The dealer will happily allow him to walk away giving a full refund as they know they will sell the car at list price +
Don't think the dealer is allowed to sell at over list? However, if someone is trying to part-exchange I'm sure they'll get a low-ball offer for their existing car! Snowyark said:
The dealer will happily allow him to walk away giving a full refund as they know they will sell the car at list price +
My circs changed so couldn't go through with my order but the dealer cancelled my order and refunded deposit, the car was around a week away from build but he had a stack of people who could take my place. Absolutely no quibble on this type of car.JNW1 said:
Don't think the dealer is allowed to sell at over list? However, if someone is trying to part-exchange I'm sure they'll get a low-ball offer for their existing car!
Think they can't sell new cars above list but can sell used... So maybe they register in the dealerships name and then sell for whatever price they want. Kananga said:
JNW1 said:
Don't think the dealer is allowed to sell at over list? However, if someone is trying to part-exchange I'm sure they'll get a low-ball offer for their existing car!
Think they can't sell new cars above list but can sell used... So maybe they register in the dealerships name and then sell for whatever price they want. Kananga said:
Think they can't sell new cars above list but can sell used... So maybe they register in the dealerships name and then sell for whatever price they want.
You mean whatever price a buyer will pay?I had mine on delivery day back in April. Didn't like it, and sold to a dealer who could only get list for it. Anyone who pays over list for an M2 is a mug in my view.
I wonder how many people actually ordered an M2 for there own personal use and not just to try and make a quick buck on a planned resale.
There does seem to be a few people around now with a (change of circumstances) as the delivery date for there car approaches.
I think the waiting list for these cars will shrink as the chances for making money on them looks less likely in the near future.
There does seem to be a few people around now with a (change of circumstances) as the delivery date for there car approaches.
I think the waiting list for these cars will shrink as the chances for making money on them looks less likely in the near future.
mnewson said:
I wonder how many people actually ordered an M2 for there own personal use and not just to try and make a quick buck on a planned resale.
There does seem to be a few people around now with a (change of circumstances) as the delivery date for there car approaches.
I think the waiting list for these cars will shrink as the chances for making money on them looks less likely in the near future.
Spot on I think. There does seem to be a few people around now with a (change of circumstances) as the delivery date for there car approaches.
I think the waiting list for these cars will shrink as the chances for making money on them looks less likely in the near future.
mnewson said:
I wonder how many people actually ordered an M2 for there own personal use and not just to try and make a quick buck on a planned resale.
There does seem to be a few people around now with a (change of circumstances) as the delivery date for there car approaches.
I think the waiting list for these cars will shrink as the chances for making money on them looks less likely in the near future.
Trying to be fair some people will have placed orders many months ago and it's entirely possible that their work and/or personal situation could have changed in the meantime; however, in that scenario I think I'd just cancel my order rather than trying to make a few quid as some appear to be trying to do! I suspect it's probably true that at least a few stuck an order in with the prime intention of flipping the car for a quick profit in the belief the M2 was going to be another 1M; however, I've no sympathy whatsoever for those individuals if they've now found they can't make any money out of it and frankly it would serve them right if they end-up taking a modest loss!There does seem to be a few people around now with a (change of circumstances) as the delivery date for there car approaches.
I think the waiting list for these cars will shrink as the chances for making money on them looks less likely in the near future.
Still hard to gauge how the market for the M2 will settle down; with the more limited supply I guess we'll never see discounts at the same level as the M3/M4 but it would be nice to think we'll get to sensible delivery times - and perhaps even some modest discounts from list - by this time next year?
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