Help needed on M2 buying advice

[mikeulster500]

Hi all,

Appreciate your help here.

I have just sold my Golf R due to the crazy prices of used cars, where I got more than I paid for it.

Looking to get into an M2. Budget is 35K. I am buying outright and don't really want to borrow any extra. I am torn between going for a really clean, low mileage M2 LCI, or do I go for an M2 competition, which will be higher mileage and probably not as good condition wise.

Ideally I'd like a manual and will probably only do 5000 miles per annum, with may 2 track days per year

Anything else to look out for? Will obviously look for high spec where possible

Thanks in advance

[Steve Barrett]

If you are planning on modding for more power the Comp is the way to go with just a map you'll see 520bhp/700nm, the non Comp will take a hell of a lot more ££ to get near that which would go towards a Comp initial purchase price.
Both cars are superb in standard trim with very little to be excellent on track, mine has Goodridge lines, decent pads and decent fluid, lowered and wheel spacers and I was blown away by how good it was compared tomy previous Clubsport spec V8 M3 Coupe (AP's all round, Nitron coilovers etc etc)....


Steve

[bencollins4]

mikeulster500 said:

Hi all,

Appreciate your help here.

I have just sold my Golf R due to the crazy prices of used cars, where I got more than I paid for it.

Looking to get into an M2. Budget is 35K. I am buying outright and don't really want to borrow any extra. I am torn between going for a really clean, low mileage M2 LCI, or do I go for an M2 competition, which will be higher mileage and probably not as good condition wise.

Ideally I'd like a manual and will probably only do 5000 miles per annum, with may 2 track days per year

Anything else to look out for? Will obviously look for high spec where possible

Thanks in advance

You sold the R due to the high used prices?! Hope you weren't too disappointed by the fact M2's have gone up even more.....Man maths I guess......

It would be worth driving both but the Comp is the better car and worth the extra.

[mikeulster500]

Steve Barrett said:

If you are planning on modding for more power the Comp is the way to go with just a map you'll see 520bhp/700nm, the non Comp will take a hell of a lot more ££ to get near that which would go towards a Comp initial purchase price.
Both cars are superb in standard trim with very little to be excellent on track, mine has Goodridge lines, decent pads and decent fluid, lowered and wheel spacers and I was blown away by how good it was compared tomy previous Clubsport spec V8 M3 Coupe (AP's all round, Nitron coilovers etc etc)....

Thanks. Not looking for massive power, as it will mainly be used as a road car and the standard M2 will have enough for that

Steve

[mikeulster500]

bencollins4 said:

You sold the R due to the high used prices?! Hope you weren't too disappointed by the fact M2's have gone up even more.....Man maths I guess......

It would be worth driving both but the Comp is the better car and worth the extra.

Thanks. I’m aware used M2 prices have gone up as well. I work from home and have another car, so happy to wait a while for the ‘bubble to burst’ and then pick one up

[AliMc99]

If you are going for a ‘drivers car’ then @ £35k it would actually worth going for a low spec Comp. manuals are relatively rare on M2’s generally but more so on comps

[Don Phil]

Not sure you'll get a comp for 35k for a good while yet!? They were not down at that level even before prices started going up I don't think?

[ST66N]

If you're in Ulster, I'm looking to sell my OG M2 LCI in the next couple of weeks. Its a white manual with 5500 miles on it. It has the M Performance coilovers, exhaust, steering wheel, full carbon kit and black 763Ms.

[Shanksy87]

For £35k and with the requirement of a manual I think you're best looking at the LCI, they're very good cars and if the stock power is enough I wouldn't chase a Competition. Manual Competitions cars are well into the 40's and as mentioned quite rare so finding one with enough miles to get into your price bracket will be challenging

[UmpaLoompa]

M2 / Comp prices are a bit crazy at the moment, you definitely won't get an M2C manual for £35k!

[nickfrog]

I would buy on condition and mileage only irrespective of LCI or not. We had a back to back at Thruxton with my friend in a Comp (DCT). The Comp engine is obviously stronger but doesn't sound as good IMO. They handled, gripped and rode exactly the same though.

[nomis36]

https://www.ebay.co.uk/itm/294231191744

[nomis36]

^^^ On vcar though
There does seem to be loads of ‘normal’ M2’s for around £30k on eBay though.

[Nano2nd]

this one went cheap no? https://collectingcars.com/for-sale/2018-bmw-m2-lc... (even with the fee?)

was tempted to but a bid on myself

[PTF]

nomis36 said:

https://www.ebay.co.uk/itm/294231191744

£31k for a modded one on v-car.

No thanks!! The market is nuts. That's £25k max surely

[Peperami]

Manual comps on higher miles start at 38k. That’s for a 68 plate. There also aren’t many for sale at all!

Even LCI’s are moving up the 30’s now.

You’re best waiting until later in the year if you want to maximise profits from your Golf. Otherwise I can see M2’s having risen more than Golf’s currently.

[UmpaLoompa]

I actually sold my DCT M2 Competition earlier this week, as I've had a change of circumstances and need the money for something else. Deal was done within an hour by a specialist performance car garage who came to pick up the car that afternoon who said the market is crazy right now with lack of supply of new cars and good used stock hard to come by - for what it's worth in 12 months and 15,000 miles i only lost £1500 which shows you how well they've done. I also asked him about the manual car premium and he was of the view that they are being listed for big numbers over DCT cars but not actually selling... anyone here actually bought or sold a manual car in the last 3 months and did you end up getting / paying a big premium?