2018 BMW M2 sold at Mecum

IcewaterPete · 01-08-2023, 09:08 AM

A mineral grey 6 speed with 7,900 miles sold for $62,700 yesterday at the Kissimmee 2023 auction. I thought that was a solid number in this market and a good indication of long term pricing.

https://www.mecum.com/lots/FL0123-539206/2018-bmw-m2/

Al Bundy's Dodge · 01-08-2023, 10:05 AM

Interesting…definitely more than I would have expected.

Also, that picture of the front of the car from straight on shows a very misaligned hood line…like the front bumper is slightly crooked or something.

jefe2000 · 01-08-2023, 10:33 AM

Wow, >$60K for a non-Comp M2. Surprising! Must be the low mileage?

The misaligned hood jumped out at me, too. It shows up in other photos on the linked-to auction site. This M2 also has little blue pinstripe decals applied along the exterior body lines. Not my cup of tea…though I suppose it does complement the interior blue stitching.

k_mann · 01-08-2023, 11:10 AM

That’s an impressive price. I bought an 18 with 1700 miles on it last July under $60k.

captain slowly · 01-08-2023, 03:32 PM

I wouldn't take this as an indication of future pricing, its just a fool and his money being parted

m2ss · 01-08-2023, 03:46 PM

Quote:

Originally Posted by jefe2000

Wow, >$60K for a non-Comp M2. Surprising! Must be the low mileage?

Crazy times indeed, made out like a bandit on a couple of high end sports cars and "downgraded" to a 2020 M2C for $56k.

Invested the difference.

Hopefully the mkts recover and used cars collapse at the same time...

P4rD0nM3 · 01-08-2023, 04:06 PM

I thought used car sales are going down now? Is this just one instance?

I've just looked at the general used cars websites and it looks like N55 F87s are hovering close to MSRP if it's has low mileage and a little below MSRP if it has mid mileage.

Wow.

IcewaterPete · 01-08-2023, 08:47 PM

Quote:

Originally Posted by Al Bundy's Dodge

Interesting…definitely more than I would have expected.

Also, that picture of the front of the car from straight on shows a very misaligned hood line…like the front bumper is slightly crooked or something.

It sure does look off. Makes you wonder.

IcewaterPete · 01-08-2023, 08:49 PM

Quote:

Originally Posted by captain slowly

I wouldn't take this as an indication of future pricing, its just a fool and his money being parted

Well in an auction it takes two bidders to move the needle north...or one bidder and one shill...so maybe two fools.

IcewaterPete · 01-08-2023, 08:51 PM

Quote:

Originally Posted by P4rD0nM3

I thought used car sales are going down now? Is this just one instance?

I've just looked at the general used cars websites and it looks like N55 F87s are hovering close to MSRP if it's has low mileage and a little below MSRP if it has mid mileage.

Wow.

Right now it appears to be a one off. Could be someone got excited at the auction and was blinded by the casino atmosphere.

DanG · 01-08-2023, 09:31 PM

Also remember that there was a 10% buyers fee. Makes the price that much more unbelievable.

///MPhatic · 01-08-2023, 09:50 PM

Terrible set of pictures as well, which always hurts. The whole point of the pictures is to get the would-be buyer to take mental ownership before he sees it at the auction, making his bid that much higher. I'm always amazed that Mecum allows such terrible shots on their website.

IcewaterPete · 01-09-2023, 05:07 PM

Quote:

Originally Posted by DanG

Also remember that there was a 10% buyers fee. Makes the price that much more unbelievable.

Very good point. OUCH!

trey100 · 01-09-2023, 08:17 PM

How sad that someone owned that car and didn’t drive it. He/she got to stare at it for 5 years. Hopefully the next buyer uses it.

///393 · 01-09-2023, 08:31 PM

Quote:

Originally Posted by trey100

How sad that someone owned that car and didn’t drive it. He/she got to stare at it for 5 years. Hopefully the next buyer uses it.

They put a hideous blue pin stripe on it like it was a ‘91 Accord so clearly decision making wasn’t on point.

01-08-2023, 09:08 AM	#1
IcewaterPete Lieutenant Colonel 2142 Rep 1,528 Posts Drives: 2020 F33 M Sport, 2021 M2C 6MT Join Date: Sep 2020 Location: Illinois iTrader: (0)	2018 BMW M2 sold at Mecum A mineral grey 6 speed with 7,900 miles sold for $62,700 yesterday at the Kissimmee 2023 auction. I thought that was a solid number in this market and a good indication of long term pricing. https://www.mecum.com/lots/FL0123-539206/2018-bmw-m2/ Attached Images
	Appreciate 2 DanG10660.50 RenatoNYC98.00 Tweet Quote

01-08-2023, 10:05 AM	#2
Al Bundy's Dodge Captain 1640 Rep 906 Posts Drives: 2018 M2 6MT Join Date: Jan 2018 Location: Denver iTrader: (0)	Interesting…definitely more than I would have expected. Also, that picture of the front of the car from straight on shows a very misaligned hood line…like the front bumper is slightly crooked or something. __________________ 2009 328i xDrive 6MT (Retired and I miss her) 2015 335i xDrive 6MT (Retired and I dont miss her) 2018 M2 6MT (Never retiring)
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01-08-2023, 10:33 AM	#3
jefe2000 Lieutenant 740 Rep 483 Posts Drives: 2018 M2 6MT Join Date: Feb 2020 Location: San Francisco Bay Area iTrader: (0) Garage List 2018 BMW M2 [10.00]	Wow, >$60K for a non-Comp M2. Surprising! Must be the low mileage? The misaligned hood jumped out at me, too. It shows up in other photos on the linked-to auction site. This M2 also has little blue pinstripe decals applied along the exterior body lines. Not my cup of tea…though I suppose it does complement the interior blue stitching.
	Appreciate 1 IcewaterPete2142.00 Quote

01-08-2023, 11:10 AM	#4
k_mann Lieutenant 372 Rep 445 Posts Drives: 2018 M2 Join Date: Mar 2016 Location: Kansas City iTrader: (0) Garage List 2018 BMW M2 [10.00]	That’s an impressive price. I bought an 18 with 1700 miles on it last July under $60k. __________________ Current: 2018 M2 DCT Previous: 2011 E92 M3, 2007 E92 328xi Insta: @kmannc
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01-08-2023, 03:32 PM	#5
captain slowly I like turtles! 726 Rep 698 Posts Drives: '21 M2C 6MT Join Date: Feb 2017 Location: Long Island, NY iTrader: (0)	I wouldn't take this as an indication of future pricing, its just a fool and his money being parted
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01-08-2023, 04:06 PM	#7
P4rD0nM3 youtube.com/rodoabadtv 155 Rep 248 Posts Drives: 2017 Dinan M2, 2023 X3MC Join Date: Feb 2016 Location: Illinois iTrader: (0) Garage List 2017 Dinan BMW M2 [9.63]	I thought used car sales are going down now? Is this just one instance? I've just looked at the general used cars websites and it looks like N55 F87s are hovering close to MSRP if it's has low mileage and a little below MSRP if it has mid mileage. Wow. __________________ YouTube \| Instagram
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01-08-2023, 09:31 PM	#11
DanG Major General 10661 Rep 6,937 Posts Drives: 2018 M2 AW DCT Join Date: Aug 2012 Location: Seattle, WA iTrader: (1) Garage List 2018 BMW M2 [7.68]	Also remember that there was a 10% buyers fee. Makes the price that much more unbelievable. __________________ BMWCCA member Puget Sound Chapter
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01-08-2023, 09:50 PM	#12
///MPhatic The Seeker 13863 Rep 3,323 Posts Drives: OG M2 • Exige Join Date: Aug 2008 Location: USA iTrader: (2)	Terrible set of pictures as well, which always hurts. The whole point of the pictures is to get the would-be buyer to take mental ownership before he sees it at the auction, making his bid that much higher. I'm always amazed that Mecum allows such terrible shots on their website.
	Appreciate 0 Quote

01-09-2023, 08:17 PM	#14
trey100 Colonel 1125 Rep 2,564 Posts Drives: 2020 M2 Competition Join Date: Jul 2007 Location: New York iTrader: (0)	How sad that someone owned that car and didn’t drive it. He/she got to stare at it for 5 years. Hopefully the next buyer uses it.
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