M2

Author
Discussion

Deep Thought

35,829 posts

198 months

Sunday 14th April
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zolder8 said:
Got a quote on a lease deal, what do you guys think?

M2 Auto
9+23

10k per £488.06 + £4,392.54
6k per £452.99 + £4076.91
Including vat?

zolder8

9 posts

40 months

Sunday 14th April
quotequote all
nickfrog said:
I would say it's probably less than the depreciation + the opportunity cost (at say 3.5%) if you owned it for 2 years.
Thanks, must say it is tempting!

Deep Thought said:
Including vat?
Yes including vat smile not sure if I'm allowed to link here but it's here https://www.contractcars.com/product/bmw-m2-2dr-co... - £600 fee is a bit of a joke though imo

rex

2,055 posts

267 months

Sunday 14th April
quotequote all
nickfrog said:
I would say it's probably less than the depreciation + the opportunity cost (at say 3.5%) if you owned it for 2 years.
I would say you are probably correct with that thought. Saw a 5 month old car today (demonstrator with 9800 miles). With the spec it has I have been offerred a new one at 71.5k against a list of nearly 78k.
The 5 month old car is up at just shy of 57k. That’s 20k+ depreciation in 5 months against list and 14.5k depreciation even against my current offer.
Leasing over 2 years is 16,200.

B1ggest

263 posts

168 months

Monday 15th April
quotequote all
Shop around, make it clear you are ready to do a deal immediately if one comes up.

I achieved over 18% on a Race-pack car (£76,145/£62,000) which had to be taken by last day pf December.

rex

2,055 posts

267 months

Monday 15th April
quotequote all
B1ggest said:
Shop around, make it clear you are ready to do a deal immediately if one comes up.

I achieved over 18% on a Race-pack car (£76,145/£62,000) which had to be taken by last day pf December.
That’s one hell of a discount. Nice going.

zolder8

9 posts

40 months

Tuesday 16th April
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Would any of you mind sharing your factory order delivery times please? I've heard 18 weeks but not sure if that's realistic? Thanks

Beaver

961 posts

285 months

Tuesday 16th April
quotequote all
rex said:
nickfrog said:
I would say it's probably less than the depreciation + the opportunity cost (at say 3.5%) if you owned it for 2 years.
I would say you are probably correct with that thought. Saw a 5 month old car today (demonstrator with 9800 miles). With the spec it has I have been offerred a new one at 71.5k against a list of nearly 78k.
The 5 month old car is up at just shy of 57k. That’s 20k+ depreciation in 5 months against list and 14.5k depreciation even against my current offer.
Leasing over 2 years is 16,200.
I have been looking too, there are a few new cars around with the spec I want - auto and track pack - but £70500 seems best price.

The used same spec car you reference at £57k is a good point - and then you realise that’s £57k at retail.

Imagine 5-10k margin in that so actual depreciation is probably £20k with 10,000 miles in 5 months

Might keep my GR Yaris.

Andy OH

1,906 posts

251 months

Friday 19th April
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zolder8 said:
Would any of you mind sharing your factory order delivery times please? I've heard 18 weeks but not sure if that's realistic? Thanks
We ordered one, in the exact spec we wanted which happened to be in production, on 8th March and the car is arriving next Thursday or Friday.

Not quite the answer you wanted but I don't think there is a long waiting time for them.

Barton

115 posts

200 months

Friday 19th April
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I picked mine up on Wednesday. Track pack, 10% discount 4.9% finance without really shopping around

Its on Pirellis.... drove home in a storm and hail stones, it was exciting to put it mildly.....

Still to run it in, but so far I am in love

greggy50

6,170 posts

192 months

Friday 19th April
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Andy OH said:
zolder8 said:
Would any of you mind sharing your factory order delivery times please? I've heard 18 weeks but not sure if that's realistic? Thanks
We ordered one, in the exact spec we wanted which happened to be in production, on 8th March and the car is arriving next Thursday or Friday.

Not quite the answer you wanted but I don't think there is a long waiting time for them.
My local dealer could get a car within a few weeks, I actually had to push mine back for another slot as it was too soon...

Mine comes in late May, I can't wait.

Gone for a red auto with the plus pack. I would have done the track pack but its not worth £9k for the seats IMO as the carbon roof and interior trim are standard in the UK anyway and mine will be a daily.

nickfrog

21,176 posts

218 months

Friday 19th April
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Seems like a popular car on PH for an ugly car. Makes no sense.

Pincher

8,567 posts

218 months

Saturday 20th April
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zolder8 said:
Would any of you mind sharing your factory order delivery times please? I've heard 18 weeks but not sure if that's realistic? Thanks

Probably not that far from accurate - don’t forget that they ship from Mexico and that can account for up to 6 weeks of your lead time.

Also depends on whether you have gone for a custom(ish) colour wink

NotSoSure

90 posts

236 months

Saturday 20th April
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Pincher said:

Probably not that far from accurate - don’t forget that they ship from Mexico and that can account for up to 6 weeks of your lead time.

Also depends on whether you have gone for a custom(ish) colour wink
Was at the local dealer today and quoted 10 weeks for a factory order. Luckily they had the spec I wanted in stock and i'm picking it up on Tuesday.

What's everyone's thoughts on the 1000M wheels? Do they impact the ride?


Pincher

8,567 posts

218 months

Saturday 20th April
quotequote all
Yeah, I think you’re closer to the mark actually - I got my months mixed up. That still includes the 4-6 week shipping timeframe though.

Also, don’t forget that there are really that many permutations of car that you can order, given that almost everything is covered by the packs.

Rockster

1,510 posts

161 months

Saturday 20th April
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Andy OH said:
I think the looks of the G87 M2 are somewhat challenging, however, I am about to put a deposit down on a new black G87 M2 to replace Mrs OH's 5 year old M240i.

When you are driving the car you don't see the challenging looks. It's the dynamics of the car that matter and it is one hell of a car and that's coming from someone who owns (and will probably never sell) a 981 Cayman GT4 which is an excellent car.

Having owned a few M3s and a F87 M2 the G87 M2 is a better car than most of those I've owned with the possible exception of the two E30 M3s I owned many years ago.
Yes in the car one can't see its looks. Which if one thinks the car is not pleasant to look at is I guess a win.

But if one likes the looks... As I approach the garage I like opening the garage door and seeing the car become visible as the door lifts. I then walk around the car before getting in.

Every time I park the car I favor it with a backward glance. And walking back to the car after my errand I enjoy taking it all in.

Because I really like the car and how it looks.

rex

2,055 posts

267 months

Sunday 21st April
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After test driving a 981 GT4 for a good 30-40 mins I much preferred M2. Did not gel with the GT4 at all and came away a bit underwhelmed.

Got an improved offer on the new one if 10% off a car with race pack, comfort pack and driver assist.

Decided to try a Lotus Evora 410 GT Sport. Should not depreciate like the M2 and would be better on the track than the M2. Oh wow. What a great car. Not quite the same pace as the BMW but wonderful to drive at any speed and the noise and looks are addictive. Just got to sell the Elise SC and GR Yaris now.

Familymad

665 posts

218 months

Sunday 21st April
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I can’t get a manual test drive as not sure about the auto box option. Local dealer has auto on test.

CRA1G

6,541 posts

196 months

Sunday 21st April
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Familymad said:
I can’t get a manual test drive as not sure about the auto box option. Local dealer has auto on test.
Go for the Manual....driving Remember this will be the last chance to buy a New ICE Manual ///M Car..

NotSoSure

90 posts

236 months

Sunday 21st April
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CRA1G said:
Go for the Manual....driving Remember this will be the last chance to buy a New ICE Manual ///M Car..
I went in thinking auto was the way to go, but after test driving them both, bought the manual.

The manual seems to get a slating in some of the reviews, but I don't think it's warranted.

Pincher

8,567 posts

218 months

Sunday 21st April
quotequote all
I’m a lazy git so went auto as it’s going to be my daily. I do have a couple of manual cars as well though, so I’m not a complete heathen biggrin