The M2 itch

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ash122000
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The M2 itch

Post by ash122000 » Wed Apr 18, 2018 7:28 am

Hi all

First post on this forum so hello to everyone.
Currently in the hunt for a M235i to replace my beloved 350Z but over the last couple of weeks I keep thinking I would be more satisfied with the M2. The thing is I don't really don't want to be splashing out for a brand new model and would prefer a used one with around 30k miles on.

So my question is, is it likely we will see more used M2's on the market once the new CS model is released in July and if so what would the used prices start to look like?
Is around the 30k mark too hopeful for a used M2?

Appreciate its trying to read a crystal ball but any predictions would be much appreciated :)

Cheers
Alex

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Re: The M2 itch

Post by Class2ldn » Wed Apr 18, 2018 7:32 am

There's some cracking deals around on pre reg ones now.
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swanny71
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Re: The M2 itch

Post by swanny71 » Wed Apr 18, 2018 7:51 am

I watched the M2 market closely from Nov-March before actually going for a 1M.
Prices have dipped significantly since Christmas and I can see another drop when Comp deliveries start.
My crystal ball says a choice of early cars at mid-low 30’s by year end, but nothing at 30.
Current: 130i & 1M
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JonD
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Re: The M2 itch

Post by JonD » Wed Apr 18, 2018 7:56 am

If the price is correct in the other thread, prices will bounce back, comp starting at £49k, for example that puts my list lci which was £54k to around late 50’s in the comp, that’s knocking on the door of M3/M4 territory.

All guess work until it’s released though

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napes5
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Re: The M2 itch

Post by napes5 » Wed Apr 18, 2018 11:50 am

You will be way more satisfied. I had an M135i prior and am very glad I did it. Worth the extra IMO.
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NISFAN
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Re: The M2 itch

Post by NISFAN » Wed Apr 18, 2018 12:16 pm

The GFV on an M2 is around the £26k mark at 4 years old (32,000 miles).

As GFV is closer to a trade price, it will be a while before you can pick one up for £30k. You might have to settle for a higher mileage example or a CAT C.


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ash122000
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Re: The M2 itch

Post by ash122000 » Wed Apr 18, 2018 1:13 pm

Thanks for the replies guys.
Around the 32K mark would be around what I would want to spend. Hopefully that will be enough to bag myself a M2 with maybe 40k mileage in a few months time

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Re: The M2 itch

Post by swanny71 » Wed Apr 18, 2018 2:15 pm

ash122000 wrote:
Wed Apr 18, 2018 1:13 pm
Thanks for the replies guys.
Around the 32K mark would be around what I would want to spend. Hopefully that will be enough to bag myself a M2 with maybe 40k mileage in a few months time
I reckon you’ll be OK at £32k.

See you all back here in Nov/Dec, find out who got the prices right?
Current: 130i & 1M
Previous: Exige V6, TVR's, e90 M3, 156 GTA, 182 Trophy, 306 GTi-6 + others (some crap, some not so crap)

ash122000
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Re: The M2 itch

Post by ash122000 » Mon Apr 23, 2018 7:27 am

So test drove an M2 yesterday which was very good, loved the car. Also spoke with one of the sales executives about used prices in the next couple of months. He thought that around 35k would be needed to grab one with 30k + mileage and also didn't think many people will jump ship to the new M2. That was his prediction anyway so will wait out and see what happens

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napes5
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Re: The M2 itch

Post by napes5 » Mon Apr 23, 2018 8:45 am

ash122000 wrote:
Mon Apr 23, 2018 7:27 am
So test drove an M2 yesterday which was very good, loved the car. Also spoke with one of the sales executives about used prices in the next couple of months. He thought that around 35k would be needed to grab one with 30k + mileage and also didn't think many people will jump ship to the new M2. That was his prediction anyway so will wait out and see what happens
Difficult not to love!

What did he mean by 'jump ship'? As in from the 'old' M2 to the comp?
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ash122000
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Re: The M2 itch

Post by ash122000 » Tue Apr 24, 2018 7:52 am

Yeah sorry current M2 to new M2. Although speaking to the dealer he didn't really refer the new 'comp' as a replacement for the current model which is why he didn't think prices would fall that much. Maybe he was saying that just to try and get me into a newer car. Time will tell I guess...

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Re: The M2 itch

Post by barneyrubble » Tue Apr 24, 2018 8:09 am

I'd be surprised if many "jump ship". It's really not different enough in my opinion. Yes the grills are different. The extra power can be sorted by a remap.Different wheels can be bought - the comp's ones are ugly though.

I really don't see why you would take the hit on the depreciation and then buy the same car - but then I might be biased having ordered an LCI knowing the comp was coming out
If it's got breasts or wheels - it's going to give you trouble

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napes5
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Re: The M2 itch

Post by napes5 » Tue Apr 24, 2018 8:59 am

You'd have to have more money than sense to do that - and if you had that money you probably wouldn't be in an M2.
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Re: The M2 itch

Post by Jcarr18322 » Tue Apr 24, 2018 3:35 pm

barneyrubble wrote:
Tue Apr 24, 2018 8:09 am
I'd be surprised if many "jump ship". It's really not different enough in my opinion. Yes the grills are different. The extra power can be sorted by a remap.Different wheels can be bought - the comp's ones are ugly though.

I really don't see why you would take the hit on the depreciation and then buy the same car - but then I might be biased having ordered an LCI knowing the comp was coming out
I echo this to be fair BUT my LCI is only 6 months old.... the new M2 just doesn't give me that little boy desire to have it like my M2 did and still does.
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Re: The M2 itch

Post by Quattrodave » Thu Apr 26, 2018 3:28 pm

Got a test drive in a pre reg M2 at Partridge BMW this weekend where I bought my M140i from. Though not sure about the choice of colours of the M2, most seem a bit too dull/boring (compared to my Valencia orange car!).

Depending on how th edrive goes and what they can offer it to me for I may end up sticking with mine until the comp is priced up, least they have it in orange now ;)

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