M2 Competition

[ben5575]

You'll get an interest rebate from BMW finance when you settle.

It's not going to make any difference if you buy the car from them today and sell it tomorrow or just sell it tomorrow, use the proceeds from the sale and (sadly) top up the difference yourself. The latter just means you don't have to find the whole amount yourself, just the difference.

Try motorway.co.uk (other sites are available). You'll get specialist garages bidding on your car and you can chose whether or not to accept the highest offer. Plus you're dealing the trade rather than tyre kickers.

You'll need to get a settlement figure from BMW finance, you send it to the winning bidder, if you owe money on top of what they are paying for the car, you send them the sort fall and they settle the finance direct. They'll send out a trailer/truck to pick it up from you as well. All very painless (apart from the lost £££) and takes about a week to ten days.

[Square Leg]

I can imagine after just 4 months, that’ll be an eye watering loss...

[AliMc99]

You might not be hit hard. Used car prices (maybe not diesels) are still very strong. I’ve just (out of interest- not because I want to sell) put mine (Sept 20 Manual) in to WBAC and it came back at £39k. Mine has both packs, BBK and sunroof- WBAC don’t factor in the value of any extras and given a zero option car new could be had for just over £40k (on the Stratstone deal at the time) you might not have lost much at all.

[dotty]

Is there no option to take it with you ?

You’ll likely lose a bit , but there is a bit of a demand for manual cars.

Is it well spec’d ?

[Square Leg]

AliMc99 said:

You might not be hit hard. Used car prices (maybe not diesels) are still very strong. I’ve just (out of interest- not because I want to sell) put mine (Sept 20 Manual) in to WBAC and it came back at £39k. Mine has both packs, BBK and sunroof- WBAC don’t factor in the value of any extras and given a zero option car new could be had for just over £40k (on the Stratstone deal at the time) you might not have lost much at all.

Lots of variables - how big a deposit he put in, did he pay list (a few people did...) spec etc.
Problem is, on a PCP getting out after only 4 months is not a cheap option.
Manuals are thin on the ground though, so hopefully will fare a bit better.

[Terminator X]

4 months in you will lose a fortune. Selling privately will give you the best price though.

TX.

[dotty]

bcadou said:

Hi guys,

possibly a bit off-topic but thought I should ask anyway.

So I took delivery of a brand new M2C less than 4 month ago (it was the last brand new manual M2C delivered in the country btw). Today I am told we have to relocate to Europe. I will probably have to sell the car. I bought the car on PCP (first time for me) from BMW Finance.

My question: what is the best course of action for me to sell the car without losing too much money? Pay the car in full to BMW Finance and then sell the car privately?

thank you

Ben

This may be of interest to you (Facebook m2 owners page)

However if you’re not on there you can email me and I can pass on a contact number / email address

[1PVJ]

I’m looking for a manual M2 Competition. Please get in touch if you are going to sell yours

[nickfrog]

If I was desperate for a manual M2 I would consider a OG M2. They may be very slow and have cheapo seats but the driving experience is very very close. Some would say it sounds better.

[Davislove]

has anyone weighted their car by any chance? the recent harry’s garage video on the M2 CS weighed 1450kg! nearly 200kgs less than quoted by BMW, would be interesting to know the real weight of an M2 comp

[nickfrog]

Harry's scales are lying by a similar amount about the Boxster 4.0 he had a few months ago so my assumption is that they are broken.

[Lord Flasheart]

WBAC just offered me £36,650 for my 2019 M2C. Its a poverty-spec manual that i bought as a 1-year car from BMW, so the offer is pretty solid. Have advertised it here at £37,999 with "no offers" which may (or may not) weed out people who call and ask "what will you take for cash?".

what a wonderful automobile. shame i knocked-up the missus again

[Luke.]

nickfrog said:

Harry's scales are lying by a similar amount about the Boxster 4.0 he had a few months ago so my assumption is that they are broken.

Obviously you're right and he's wrong.

[Terminator X]

Lord Flasheart said:

WBAC just offered me £36,650 for my 2019 M2C. Its a poverty-spec manual that i bought as a 1-year car from BMW, so the offer is pretty solid. Have advertised it here at £37,999 with "no offers" which may (or may not) weed out people who call and ask "what will you take for cash?".

what a wonderful automobile. shame i knocked-up the missus again

The Bradford massive are getting ready to call you

TX.

[nickfrog]

Luke. said:

nickfrog said:

Harry's scales are lying by a similar amount about the Boxster 4.0 he had a few months ago so my assumption is that they are broken.

Obviously you're right and he's wrong.

It's not obvious as I don't know for a fact, it's an assumption, as I said. DIN weight of the M2 CS is 1,550kgs anyway so perhaps the scales are "only" off by 100kgs.

I am very confident that BMW haven't over stated the weight by either 100kgs or 200kgs though, hence my view that those scales are faulty, which would also explain the massive discrepancy on the Boxster 4.0.

Edited by nickfrog on Thursday 8th April 14:30

[VerySideways]

nickfrog said:

If I was desperate for a manual M2 I would consider a OG M2. They may be very slow and have cheapo seats but the driving experience is very very close. Some would say it sounds better.

I actually think the power delivery of the N55 suits the manual gearbox better than the power delivery of the S55, if i wanted a manual M2 i would absolutely be seeking out an LCI non-Comp - and thee N55 definitely sounds better too.
Sadly i had to have something younger when i last purchased which forced me into the Comp, and it made more sense for the usage involved to get DCT.

[nickfrog]

VerySideways said:

I actually think the power delivery of the N55 suits the manual gearbox better than the power delivery of the S55, if i wanted a manual M2 i would absolutely be seeking out an LCI non-Comp - and thee N55 definitely sounds better too.
Sadly i had to have something younger when i last purchased which forced me into the Comp, and it made more sense for the usage involved to get DCT.

Yes I agree. Comp DCT is a brilliant combo. LCI manual N55 are very rare - a pre-LCI manual would do nicely too I think.

[Lord Flasheart]

mr momo said:

DC-1 said:

LCI = Life Cycle Impulse or basically BMW speak for a mid-life refresh of the model.

The main dials are digitally backlit.

DSC off is no traction control. MDM is M Dynamic Mode which loosens traction control but doesn't fully remove. I'd suggest trying it out on the dry and take it easy to see how you fair.

It allows a certain slip angle before intervention.

Brilliant - thanks. Dry day - DSC Off / MDM on....

Everything is off on mine the whole time. i figure that the sort of oversteer that i cant catch (i.e. liftoff) is the sort of versteer that DSC isn't going to catch on my behalf

[FTW]

Lord Flasheart said:

Everything is off on mine the whole time. i figure that the sort of oversteer that i cant catch (i.e. liftoff) is the sort of versteer that DSC isn't going to catch on my behalf

I think BMW M use Bosch for ESP and therefore will have IVC which looks at live steering, braking, throttle and various sensor data to predict vehicle dynamic behaviour (based on pre-programmed tyre Mu values) so in fact it can predict and manage liftoff oversteer on your behalf.

[ben5575]

Yep.

I was also reading the at the M performance DCT also has Stability Clutch Control which manages understeer as well.

https://www.bmwux.com/bmw-performance-technology/b...