Modern ///M running costs.
Modern ///M running costs.
Author
Discussion

mat205125

Original Poster:

17,790 posts

244 months

Thursday 15th March 2018
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Hi all,

I’ve been too long out of the ///M saddle and need a new fix.

Looking to hear from owners with experience of either a current M4 or M2, or the earlier V8 M3, especially with respect to fuel economy.

Daily running of my old E46 M3 would be about 28mpg (less when playing, obviously), which is comparable to what my current E70 X5 drinks.

I’m imagining that the V8 would use more, however would hope that the M4 or M2 could do better, maybe?!?!

Brainpox

4,327 posts

182 months

Thursday 15th March 2018
quotequote all
M2 can get 33mpg on a long gentle journey. Keep it in Comfort though else it'll feel like it just wants to get up and go all the time. It's pretty crap in town, but then what car isn't...

mat205125

Original Poster:

17,790 posts

244 months

Friday 16th March 2018
quotequote all
Brainpox said:
M2 can get 33mpg on a long gentle journey. Keep it in Comfort though else it'll feel like it just wants to get up and go all the time. It's pretty crap in town, but then what car isn't...
Thanks for that. Must admit that the M2 is my favourite option to look to be able to aim for.

SebringMan

1,774 posts

217 months

Friday 16th March 2018
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If I were in a position to buy an M it would be the M2.

I've driven an M4 for quite some time and I can say it's a lovely machine! But boy, it feels massive to move it around, yet not as spacious on the inside.

That and my friend has been almost crying over the depreciation! His is a 2014 manual M4 which he bought in late 2016. IIRC he thinks he has lost £4-5k in that time.

R33FAL

595 posts

199 months

Friday 16th March 2018
quotequote all
SebringMan said:
If I were in a position to buy an M it would be the M2.

I've driven an M4 for quite some time and I can say it's a lovely machine! But boy, it feels massive to move it around, yet not as spacious on the inside.

That and my friend has been almost crying over the depreciation! His is a 2014 manual M4 which he bought in late 2016. IIRC he thinks he has lost £4-5k in that time.
£4-5k in 12-18 months is nothing for an M car

bmwmike

8,788 posts

139 months

Friday 16th March 2018
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4-5k over 18 months is about par for any new car. It's probably doing well.

And does anyone really care about <5mpg difference in the scheme of things? Amusing how practically every thread eventually mentions MPG yet the biggest running costs are glazed over.


Gruber

6,313 posts

245 months

Friday 16th March 2018
quotequote all
As far as I can see, the cheapest M car to run in recent years has been the 1M. Negligible depreciation, cheap-ish tax, bargain 5-year service plans were available, an achievable 30-ish mpg etc etc.

I guess the price of a brake change still takes your breath away though...

SebringMan

1,774 posts

217 months

Friday 16th March 2018
quotequote all
R33FAL said:
£4-5k in 12-18 months is nothing for an M car
I did think that myself, and it's a fair point, whether it's a new or old M-car which can raise the question of if an older M-Car is cheaper to run...

I was under the impression that an M2 lost alot less!

SebringMan

1,774 posts

217 months

Friday 16th March 2018
quotequote all
bmwmike said:
4-5k over 18 months is about par for any new car. It's probably doing well.

And does anyone really care about <5mpg difference in the scheme of things? Amusing how practically every thread eventually mentions MPG yet the biggest running costs are glazed over.
The MPG is a good point! If you are doing a fair few miles it will put on £700 or more depending on what car you are used to annually. I'm comparing mine E46 to my diesel W124 and that's before looking at parts etc. But for those wanting to keep the miles down on their cars? I doubt it makes alot of difference at all!


bmwmike

8,788 posts

139 months

Friday 16th March 2018
quotequote all
SebringMan said:
bmwmike said:
4-5k over 18 months is about par for any new car. It's probably doing well.

And does anyone really care about <5mpg difference in the scheme of things? Amusing how practically every thread eventually mentions MPG yet the biggest running costs are glazed over.
The MPG is a good point! If you are doing a fair few miles it will put on £700 or more depending on what car you are used to annually. I'm comparing mine E46 to my diesel W124 and that's before looking at parts etc. But for those wanting to keep the miles down on their cars? I doubt it makes alot of difference at all!
£700 extra per month? OK that's a fair cost but try to look at that in context of the servicing and depreciation plus interest if financed.

Edit just realised you said annually. Is less than 60 quid per month difference.

SebringMan

1,774 posts

217 months

Friday 16th March 2018
quotequote all
Many crumbs make a cake wink.

Factor in the tyres, extra insurance costs, and for a car outside of warranty, potentially large parts spend the MPG can put people off, even with fuel making part of the cost.

For low mileage users, I agree, it's not alot they'd spend at all.

I'll admit, it's put me off an E90 amongst their other costs and issues.

Brainpox

4,327 posts

182 months

Friday 16th March 2018
quotequote all
SebringMan said:
I did think that myself, and it's a fair point, whether it's a new or old M-car which can raise the question of if an older M-Car is cheaper to run...

I was under the impression that an M2 lost alot less!
I've probably lost £8k since getting mine (used, pre-LCI) in July 17.

SebringMan

1,774 posts

217 months

Friday 16th March 2018
quotequote all
Brainpox said:
I've probably lost £8k since getting mine (used, pre-LCI) in July 17.
That is surprising! How many miles have you covered? In my mate's scenario the car barely ever moves. It's barely done 2,000 miles since then.

Brainpox

4,327 posts

182 months

Friday 16th March 2018
quotequote all
SebringMan said:
That is surprising! How many miles have you covered? In my mate's scenario the car barely ever moves. It's barely done 2,000 miles since then.
Just over 6000. I picked the worst time to buy - mid-summer, just before the LCI model was due to come out. But the opportunity was there and I had to take it. Don't regret it one bit.

In fairness the one I have is pretty well optioned (not that there are many options on the M2) with a few M-Perf parts (kidney grille, side vents, alcantara steering wheel) so I may not be comparing apples to apples.

anonymous-user

85 months

Saturday 17th March 2018
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F80 M3, low speed urban commuting, 22mpg. 70mph long motorway run, 30mpg. Mixed, 25mpg. B road blast, 16mpg.

Imagine M4 will be similar and M2 slightly better.

PorkInsider

6,632 posts

172 months

Saturday 17th March 2018
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mat205125 said:
Looking to hear from owners with experience of either a current M4 or M2, or the earlier V8 M3, especially with respect to fuel economy.
Not sure fuel economy is something I’d factor in, unless you’re doing 30k+ miles per year.

For reference, I’ve done just under 5k miles in my M4 from new (it’s now 12 months old). I have no clue how many mpg it’s doing but I did once see the dash show 30mpg when I was on a 500 mile round trip on quiet motorways.

BUT... I do know it’s depeciated by £12k over the past year, even factoring in the very good discount I got.

So each one of those 400 miles per month has cost £2.50 in depreciation, whilst the fuel has probably cost 25p.

A set of OEM steel brakes for an M4 is around £2k at dealer prices.

I haven’t needed tyres yet, but an OEM pair of rears is £600 fitted via Blackcircles.

Not sure about other consumables.

PorkInsider

6,632 posts

172 months

Saturday 17th March 2018
quotequote all
SebringMan said:
Brainpox said:
I've probably lost £8k since getting mine (used, pre-LCI) in July 17.
That is surprising! How many miles have you covered? In my mate's scenario the car barely ever moves. It's barely done 2,000 miles since then.
M2s held well very early on when supply was short. The flip side is there was no discount available at that time due to the shortage of cars.

Now the network is awash with new and used ones they depreciate like any other M, so unless you got in early and then got out before the over-supply, there was no escaping the depreciation.


mikeyscott

1,200 posts

239 months

Saturday 17th March 2018
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How long till we see M2s at £30k smile

mat205125

Original Poster:

17,790 posts

244 months

Friday 23rd March 2018
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PorkInsider said:
mat205125 said:
Looking to hear from owners with experience of either a current M4 or M2, or the earlier V8 M3, especially with respect to fuel economy.
Not sure fuel economy is something I’d factor in, unless you’re doing 30k+ miles per year.

For reference, I’ve done just under 5k miles in my M4 from new (it’s now 12 months old). I have no clue how many mpg it’s doing but I did once see the dash show 30mpg when I was on a 500 mile round trip on quiet motorways.

BUT... I do know it’s depeciated by £12k over the past year, even factoring in the very good discount I got.

So each one of those 400 miles per month has cost £2.50 in depreciation, whilst the fuel has probably cost 25p.

A set of OEM steel brakes for an M4 is around £2k at dealer prices.

I haven’t needed tyres yet, but an OEM pair of rears is £600 fitted via Blackcircles.

Not sure about other consumables.
Fuel economy is something that needs to be considered, as it'll end up being either a few hundred a month, or several hundred depending on the mpg achieved.

Get the point regarding depreciation, however that'll be the case no matter what I choose ...... a £30k used M4 won't depreciate significantly differently to any other £30k newish car from any other brand (petrol, diesel, whatever), and therefore is almost considered a constant.

Not worried about tyres either, as my current X5 costs a grand to re-boot.

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Lots of conundrums to contemplate and consider, and one possible option could be to think about another E46 M3. They're still wonderful cars, still quick, really reliable when properly maintained, and pretty straight forward to self-maintain. I know them inside out from having my previous one, and with help from a mate, even did the chassis/subframe repair and reinforcement. I could choose another one of them, never lose a penny, and keep forever.