M2 CS

Author
Discussion

JNW1

7,802 posts

195 months

Thursday 19th April 2018
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AW10 said:
Sub 30K M2s might happen once the demand for the competition version has been sated and discounting bings. As they don't arrive in dealerships till August that process will take a while yet. The original M2 is still a damn good car and the updates in the competition are very much evolutionary rather than revolutionary. But let's revisit this thread on 1 Jan 19! smile
Yes, on reflection sub-£30k on the AUC website by the end of this year might be overly pessimistic (or optimistic if you're a potential buyer!).

However, I'd have thought in a normal market an M2 would be worth several thousand pounds less than an M4 of the same age and there are already some 2016 M4's at mid-30's on the AUC website. Equivalent cars will probably be early 30's come the end of the year which is why I was thinking the first of the M2's might possibly dip to around or just under the £30k mark by then; as you say, though, something to revisit on 1st January 2019!

Brainpox

4,057 posts

152 months

Thursday 19th April 2018
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All this talk of epic devaluation on the M2 is really depressing. Although I guess it means there's little point in me selling on and may as well run it into the ground? biggrin

beanoir

1,327 posts

196 months

Thursday 19th April 2018
quotequote all
Brainpox said:
All this talk of epic devaluation on the M2 is really depressing. Although I guess it means there's little point in me selling on and may as well run it into the ground? biggrin
Welcome to M5 ownership wink

MDifficult

2,055 posts

186 months

Thursday 19th April 2018
quotequote all
beanoir said:
Brainpox said:
All this talk of epic devaluation on the M2 is really depressing. Although I guess it means there's little point in me selling on and may as well run it into the ground? biggrin
Welcome to M5 ownership wink
Hahaha, DITTO.

I'm just bitter because my F10 M5 plummets faster and harder than a bunker-busting bomb laugh

AmosMoses

4,042 posts

166 months

Thursday 19th April 2018
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Have been watching M2 values over the last few months, I think there are going to be £25k cars by the end of the year!

JNW1

7,802 posts

195 months

Thursday 19th April 2018
quotequote all
AmosMoses said:
Have been watching M2 values over the last few months, I think there are going to be £25k cars by the end of the year!
Can't see that in the BMW dealer network but for one of the first cars that's also basic spec and has done a highish mileage it might get down to that at an independent - £25k still seems low though!

Joscal

2,080 posts

201 months

Thursday 19th April 2018
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MDifficult said:
Hahaha, DITTO.

I'm just bitter because my F10 M5 plummets faster and harder than a bunker-busting bomb laugh
I know this feeling very well too...

p1stonhead

25,576 posts

168 months

tjlazer

875 posts

175 months

Tuesday 5th November 2019
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Nezquick

1,461 posts

127 months

Tuesday 5th November 2019
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p1stonhead said:
Looks stunning.

What are we thinking price-wise - £65k+ ?

p1stonhead

25,576 posts

168 months

Tuesday 5th November 2019
quotequote all
Nezquick said:
p1stonhead said:
Looks stunning.

What are we thinking price-wise - £65k+ ?
Limited edition so I’d expect at least £75k personally.

EDIT - £90k apparently!

Edited by p1stonhead on Tuesday 5th November 13:14

MellowshipSlinky

14,703 posts

190 months

Tuesday 5th November 2019
quotequote all
£90k. laugh

If that’s the case, I doubt we’ll see many on the road - all be in collectors garages.

And no matter how good it may be, no 2 series car is worth £90k!!

cowboyengineer

1,411 posts

115 months

Tuesday 5th November 2019
quotequote all
p1stonhead said:
Limited edition so I’d expect at least £75k personally.

EDIT - £90k apparently!

Edited by p1stonhead on Tuesday 5th November 13:14
Where did you get £90k from. It's not going to be the same price as the m3 cs was

thatsprettyshady

1,829 posts

166 months

Tuesday 5th November 2019
quotequote all
MellowshipSlinky said:
£90k. laugh

If that’s the case, I doubt we’ll see many on the road - all be in collectors garages.

And no matter how good it may be, no 2 series car is worth £90k!!
I bloody hope so, no chance of getting rid of my M2C laugh

p1stonhead

25,576 posts

168 months

Tuesday 5th November 2019
quotequote all
cowboyengineer said:
p1stonhead said:
Limited edition so I’d expect at least £75k personally.

EDIT - £90k apparently!

Edited by p1stonhead on Tuesday 5th November 13:14
Where did you get £90k from. It's not going to be the same price as the m3 cs was
Saw an article saying 95k euros.

cowboyengineer

1,411 posts

115 months

Tuesday 5th November 2019
quotequote all
p1stonhead said:
cowboyengineer said:
p1stonhead said:
Limited edition so I’d expect at least £75k personally.

EDIT - £90k apparently!

Edited by p1stonhead on Tuesday 5th November 13:14
Where did you get £90k from. It's not going to be the same price as the m3 cs was
Saw an article saying 95k euros.
Thanks. Won’t be swapping my comp for one

cowboyengineer

1,411 posts

115 months

Wednesday 6th November 2019
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So confirmed 75k price tag.

Ceramics are extra

AW10

4,440 posts

250 months

Wednesday 6th November 2019
quotequote all
AW10 said:
Sub 30K M2s might happen once the demand for the competition version has been sated and discounting begins. As they don't arrive in dealerships till August that process will take a while yet. The original M2 is still a damn good car and the updates in the competition are very much evolutionary rather than revolutionary. But let's revisit this thread on 1 Jan 19! smile

Edited by AW10 on Thursday 19th April 12:01
A bit later than Jan 2019; it's now Nov 2019. And this morning the cheapest AUC M2 was.... 29,999! It's an April 16 car, manual gearbox, heated electric seats, HK sound, visibility package, sun protection glass, reversing camera, comfort access and with 38K miles. It probably cost about £48K new? So about 37% depreciation over 38K miles and 3.5 years. Not too bad.

The other 142 cars on the AUC site are all over £30K.

mikeyscott

1,200 posts

209 months

Wednesday 6th November 2019
quotequote all
AW10 said:
AW10 said:
Sub 30K M2s might happen once the demand for the competition version has been sated and discounting begins. As they don't arrive in dealerships till August that process will take a while yet. The original M2 is still a damn good car and the updates in the competition are very much evolutionary rather than revolutionary. But let's revisit this thread on 1 Jan 19! smile

Edited by AW10 on Thursday 19th April 12:01
A bit later than Jan 2019; it's now Nov 2019. And this morning the cheapest AUC M2 was.... 29,999! It's an April 16 car, manual gearbox, heated electric seats, HK sound, visibility package, sun protection glass, reversing camera, comfort access and with 38K miles. It probably cost about £48K new? So about 37% depreciation over 38K miles and 3.5 years. Not too bad.

The other 142 cars on the AUC site are all over £30K.
I was offered £29k for my 67 plate DCT. Err

Seems the M2 was a st purchase in the end.

tjlazer

875 posts

175 months

Wednesday 6th November 2019
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£75,320 OTR. Not as bad as expected but a bit more than I'm likely to find down the sofa. A decent spec pre-reg Competition is 45k so that's quite some gap.