M2 used prices post Competition
Discussion
DUBU said:
The M2 is far from a lightweight , stripped out back to basics road racer , I don't think 55kg increase or less than a 4% increase is going to have much of a detrimental effect..
In fact the chassis improvements, bigger brakes and extra power will more than address it.
In fact it may well be an even more engaging and entertaining drive.
55kg is like having a 8 and a half stone passenger next to you. Its a fair bit for a small car isnt it?In fact the chassis improvements, bigger brakes and extra power will more than address it.
In fact it may well be an even more engaging and entertaining drive.
Edited by DUBU on Wednesday 2nd May 15:12
Edited by p1stonhead on Wednesday 2nd May 15:55
IMHO the new M2 will slightly depress the prices of the existing cars but only slightly. My logic:
- the current M2 is hardly a flawed car and will remain a desirable car and more so if/when the price lowers
- the upgrades are more like LCI upgrades than a new model
- there must be some degree of saturation of the M2's market. Sure, some people will want the latest one and will upgrade and it might attract some first time M2 buyers but many owners have already scratched their M2 itch
- the current M2 is hardly a flawed car and will remain a desirable car and more so if/when the price lowers
- the upgrades are more like LCI upgrades than a new model
- there must be some degree of saturation of the M2's market. Sure, some people will want the latest one and will upgrade and it might attract some first time M2 buyers but many owners have already scratched their M2 itch
p1stonhead said:
55kg is like having a 8 and a half stone passenger next to you. Its a fair bit for a small car isnt it?
It may be small but its not a light car. I can't see it making that much difference . In percentage terms it's not much. Edited by p1stonhead on Wednesday 2nd May 15:55
If you had a 8 and a half stone passenger jump into a m2 it wouldn't suddenly feel.like the car was carrying bags of cement in the boot.
In a lightweight car I agree 55kg is a significant difference, and would of course have an instantly noticeable difference.
Any weight gain isn't what you want to see but from what I've read the bulk of it seems to be due to the new engine and cooling requirements. Could they of compensated for this elsewhere? Absolutely but that would push the price up.
First road tests will tell, but I don't think the extra weight is going to make the new m2 a worse steer than the old one. Which I think is a great car btw.
DUBU said:
p1stonhead said:
55kg is like having a 8 and a half stone passenger next to you. Its a fair bit for a small car isnt it?
It may be small but its not a light car. I can't see it making that much difference . In percentage terms it's not much. Edited by p1stonhead on Wednesday 2nd May 15:55
If you had a 8 and a half stone passenger jump into a m2 it wouldn't suddenly feel.like the car was carrying bags of cement in the boot.
In a lightweight car I agree 55kg is a significant difference, and would of course have an instantly noticeable difference.
Any weight gain isn't what you want to see but from what I've read the bulk of it seems to be due to the new engine and cooling requirements. Could they of compensated for this elsewhere? Absolutely but that would push the price up.
First road tests will tell, but I don't think the extra weight is going to make the new m2 a worse steer than the old one. Which I think is a great car btw.
It might be the smallest in the range but it's still a big car. It uses the M4 axles for a start, so is damn near the same width depending on wheel size.
55kg is a lot of weight when static. When loaded in a corner or under braking the effect is multiplied. it really makes a difference. I’ve raced in championships where a win in race 1 led to a 30kg ballast penalty in race 2. That was always fixed as low as possible on the centre of the chassis. It made a big difference to pace and tyre wear. The car is quite different to drive.
As I said, This is really only a difference for the driver is is Mainly focussed on the driving experience. I’m sure the new car will be a lovely thing but for me the weight is a real problem.
As I said, This is really only a difference for the driver is is Mainly focussed on the driving experience. I’m sure the new car will be a lovely thing but for me the weight is a real problem.
Steve Rance said:
55kg is a lot of weight when static. When loaded in a corner or under braking the effect is multiplied. it really makes a difference. I’ve raced in championships where a win in race 1 led to a 30kg ballast penalty in race 2. That was always fixed as low as possible on the centre of the chassis. It made a big difference to pace and tyre wear. The car is quite different to drive.
As I said, This is really only a difference for the driver is is Mainly focussed on the driving experience. I’m sure the new car will be a lovely thing but for me the weight is a real problem.
On a road car!?As I said, This is really only a difference for the driver is is Mainly focussed on the driving experience. I’m sure the new car will be a lovely thing but for me the weight is a real problem.
AW10 said:
IMHO the new M2 will slightly depress the prices of the existing cars but only slightly. My logic:
- the current M2 is hardly a flawed car and will remain a desirable car and more so if/when the price lowers
- the upgrades are more like LCI upgrades than a new model
- there must be some degree of saturation of the M2's market. Sure, some people will want the latest one and will upgrade and it might attract some first time M2 buyers but many owners have already scratched their M2 itch
I'm starting to think it may actual firm current cars . The extras everyone's taking about on the competition aren't standard fit are they ? So pricey option for seats, brakes etc . That linked to no discount means there could be cars out there starting with a 6 . Makes my £42k new car sound decent value . And as said elsewhere 55kg extra weight is not great regardless of the extra power . - the current M2 is hardly a flawed car and will remain a desirable car and more so if/when the price lowers
- the upgrades are more like LCI upgrades than a new model
- there must be some degree of saturation of the M2's market. Sure, some people will want the latest one and will upgrade and it might attract some first time M2 buyers but many owners have already scratched their M2 itch
Bit more accurate info here.
https://www.bmw.co.uk/bmw-cars/bmw-m/2018-m2-compe...
Detuned M3/4 engine, whats not to like ? Wonder who’s going to have the 1st 560 horse M2 .
https://www.bmw.co.uk/bmw-cars/bmw-m/2018-m2-compe...
Detuned M3/4 engine, whats not to like ? Wonder who’s going to have the 1st 560 horse M2 .
so after starting this thread i've been following all the replies, really interesting to see the different opinions on which way it'll go.
I started it because i've been tearing my hair out trying to decide what to buy in about 5 months time when i've saved up the money to finally put a decent deposit down, take out a bank loan, and spend £35k on a car.
One thing i've been struggling to get my head around is roughly how much the car will be worth 4 years from now when it's been paid off.
Its quite unbelievable that decent limited edition BMW AUC E92 M3's with 30k on the clock are being priced at £30k. £5k more buys an M4.
I understand the charms of the E92 M3 but for me personally, it seems mental to buy the E92 when for 5k more you could get a thoroughly modern M2 or 2014-2015 M4 with significantly lower running costs and tax.
If I do a simple calc, take a 2016 M2 with say, 10k miles on it, which you can currently get for around £35k - and take the depreciation on a 15%/year straight line basis, after 4 years the book value of the car would be £11k.
But then i think to myself...imagine the year is 2022, and you see a 6 year old BMW M2 on autotrader for £11k, with 50k miles on the clock.
Well....if a 6 year old E92 M3 is still fetching on average £20k, then there is no way the M2 in this example would be worth such a low amount.
In reality the depreciation is obviously not a straight line but a curve that starts to flatten, and i'm trying to understand at what point in time that curve starts to flatten..........its a shame i don't have historical market prices for the E92 M3 over a 6 year period, then you could plot a curve, do some simple differentiation calcs, and see exactly what point in time the curve begins to flatten...
does that data exist anywhere?
I started it because i've been tearing my hair out trying to decide what to buy in about 5 months time when i've saved up the money to finally put a decent deposit down, take out a bank loan, and spend £35k on a car.
One thing i've been struggling to get my head around is roughly how much the car will be worth 4 years from now when it's been paid off.
Its quite unbelievable that decent limited edition BMW AUC E92 M3's with 30k on the clock are being priced at £30k. £5k more buys an M4.
I understand the charms of the E92 M3 but for me personally, it seems mental to buy the E92 when for 5k more you could get a thoroughly modern M2 or 2014-2015 M4 with significantly lower running costs and tax.
If I do a simple calc, take a 2016 M2 with say, 10k miles on it, which you can currently get for around £35k - and take the depreciation on a 15%/year straight line basis, after 4 years the book value of the car would be £11k.
But then i think to myself...imagine the year is 2022, and you see a 6 year old BMW M2 on autotrader for £11k, with 50k miles on the clock.
Well....if a 6 year old E92 M3 is still fetching on average £20k, then there is no way the M2 in this example would be worth such a low amount.
In reality the depreciation is obviously not a straight line but a curve that starts to flatten, and i'm trying to understand at what point in time that curve starts to flatten..........its a shame i don't have historical market prices for the E92 M3 over a 6 year period, then you could plot a curve, do some simple differentiation calcs, and see exactly what point in time the curve begins to flatten...
does that data exist anywhere?
p1stonhead said:
Saving up deposit, combined with a bank loan OP? This car will mean a lot in such circumstances.
Get something more special than a BMW.
V8 Vantage or the like all the way
not quite there yet in life..... maybe in 4 years time i can happily start thinking about V8 and V10 cars.... Get something more special than a BMW.
V8 Vantage or the like all the way
i've also been considering the PCP route but it all looks a bit scary to me and feels like it suuurely must be a rip off. So i'm sticking with savings and cheap bank loans. I think looking at the figures even if the car does suddenly drop 4k in value i really wouldn't care.......i'd be thoroughly enjoying it for all that time.
The decision has been made. Must get an M2 this year!
Edited by wioifoiee on Thursday 3rd May 21:50
Edited by wioifoiee on Thursday 3rd May 22:00
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