01-31-2018, 06:00 PM | #45 |
Major General
5860
Rep 6,631
Posts |
Might just be the type of person who gets on the wait list that early or pays over sticker is the type of person who gets in and out of a new car every year or two. Maybe they just wanted out while the car still has low miles and before the Competition is announced/released.
|
Appreciate
0
|
01-31-2018, 06:01 PM | #46 |
Second Lieutenant
360
Rep 289
Posts |
Damn! You guys have "occasional wives" in Canada?!?
I like how you guys do things! For what it's worth (probably not much), I just searched So. Calif., and found numerous dealerships with NO M2's, but one (Irvine BMW) had 4 of them, one white, two black, one LLB and they were asking over $70k for all of them but one, and that one was $69,775. Another dealership was asking MSRP, and had only one, but there aren't very many around, in Southern California, based on my searching different dealership websites.... In any case, as others have stated, I have one on order and plan to enjoy and drive the hell out of it! I certainly expect it to decline in value over time. |
Appreciate
1
M3 Adjuster7904.50 |
01-31-2018, 06:11 PM | #47 | |
Major General
5860
Rep 6,631
Posts |
Quote:
|
|
Appreciate
0
|
01-31-2018, 06:17 PM | #48 | |
Private First Class
79
Rep 110
Posts |
Quote:
Shame on you Irvine! |
|
Appreciate
0
|
01-31-2018, 07:10 PM | #49 |
Major General
5860
Rep 6,631
Posts |
Another note about them is they list ALL the M2s as MT because they think it gets more interest. Read the options list and you will see some of them are DCT.
|
Appreciate
0
|
01-31-2018, 07:12 PM | #50 | |
NOOB
1601
Rep 1,356
Posts |
Quote:
__________________
@BMWclassicdivision
|
|
Appreciate
1
M3 Adjuster7904.50 |
01-31-2018, 07:13 PM | #51 |
Colonel
276
Rep 2,008
Posts |
To everyone getting totally bent out of shape about possible depreciation (or those "non-concerned"), the OP brings a valid point. No need to get over-defensive. More power to those that "don't care" if their car goes to $0 after 3-5yrs, but stating so is either stubbornness or dead money. My 2cents.
__________________
(Waitlist): #1 M2CSL
(Current): 2016 F15 X5 3.5xdrive - 2010 997.2 C4S Coupe (Past): 2016 F30 340xi M-Sport -2013 535i xdrive 2008 E92 M3 - 2006 E90 325i 2002 E46 325xi - 1991 E30 325i |
Appreciate
1
doug_9992538.50 |
01-31-2018, 08:51 PM | #52 | |
Major
676
Rep 1,012
Posts |
Quote:
|
|
Appreciate
0
|
01-31-2018, 09:41 PM | #53 |
Major General
5860
Rep 6,631
Posts |
I think if you research many sources you will find people generally REALLY like the car, and there isn't really anything else that is clearly better in its class if you want a car that checks these boxes. Maybe you could find something you would like better for the same price used though, I don't know, it depends on what you want.
|
Appreciate
0
|
01-31-2018, 10:55 PM | #54 |
#savethemanuals
2426
Rep 1,967
Posts |
Out west with low mileage you can sell close to what you paid. Kind of crazy, but I never see them, I see M3/M4 all the time have only seen one M2 just driving around. Rarely see one sit on a lot.
It is a great car for the $$$ - drive and enjoy - it is going to depreciate as all cars do. |
Appreciate
0
|
01-31-2018, 11:01 PM | #55 | |
#savethemanuals
2426
Rep 1,967
Posts |
Quote:
I am excited about the G80, but shocking to me how much size can affect my connection to a car. |
|
Appreciate
3
|
02-01-2018, 12:52 AM | #56 |
Private First Class
140
Rep 169
Posts |
Prices don't seem to be taking a hit in Canada, about 65 available and only 7 below MSRP with high mileage. Some are in the $80's & $90's. Only 26 in Ontario, the cheapest new one is $68,915.
|
Appreciate
0
|
02-01-2018, 09:15 AM | #57 |
SCM2016
26
Rep 20
Posts |
I can start with some data and then throw in some speculation.
On 11-27-17 there were 92 new and 63 used for a total of 155 M2's on Autotrader. Today there are 198 new and 96 used for a total of 294. And not all dealers list on Autotrader. Some new cars listed on Autotrader get posted by dealers but have been pre sold. I speculate this percentage has declined over time. As others have stated, in the end supply and demand will drive pricing. Supply is now available, and demand is likely declining as pent up demand has been satisfied and the anticipation of the M2 Competition likely has some postponing their purchase. Unless demand exceeds supply, I personally would expect recent low mileage used cars to sell at 15-20% below new. It is easy to find 2016 and 2017 M4's at 20-25% off new pricing. I am amazed at continuing to see used M2's listed at or near new car prices. So back to the title of this thread, it seems to me that M2 prices will take a hit. |
Appreciate
0
|
02-01-2018, 09:27 AM | #58 | |
Lieutenant General
4971
Rep 10,200
Posts
Drives: 2024 Golf R / 2022 718 Spyder
Join Date: Sep 2006
Location: Dallas, TX
|
Quote:
I wonder if people thought the M2 would mirror what we've seen with the 1M in this regard - very very little depreciation, or actual appreciation in some instances. However, it's obvious to me that we won't see any the same sort of reaction because of a few specific factors. 1) the 1M was an experiment to see if people really DID want an E46-sized M car instead of an E92-sized M car (resounding yes), and 2) the 1M had a very short production run and was numerically limited to ~1400 car worldwide or whatever it ended up being (I know they made some extras at the end). The M2 is much more "mass-produced" in the sense that there's not a numerically limited amount of cars. BMW does artificially limit the numbers produced (to keep demand high and to avoid M2s sitting on lots), but that's not the same thing as having a truly limited car. Therefore, the civic M2 will absolutely depreciate, especially those that are pre-LCI. They might do it at a slower rate than the average car or BMW, but it's already happening. I've never worried about a car depreciating...which is the main reason this topic is amusing to me...
__________________
Past rides: 2016 981 BGTS, 2020 MINI JCW, 2017 F80, 2015 981 CS, 2014 F22 235, 2011 E82 135, 2008 E82 135, 2007 E92 328, 2007 E92 328 (My lady drives an OG M2. So does my dad)
|
|
Appreciate
1
qnet676.00 |
02-01-2018, 09:57 AM | #59 |
Major
676
Rep 1,012
Posts |
I've never cared about depreciation when it's something I will keep for awhile. I was really into BMW and on forums a lot when I had my 95 M3. After several years, I lost track of what went on with BMW's, and missed out on the 1M.
|
Appreciate
0
|
02-01-2018, 10:04 AM | #60 |
Lieutenant General
4971
Rep 10,200
Posts
Drives: 2024 Golf R / 2022 718 Spyder
Join Date: Sep 2006
Location: Dallas, TX
|
I missed out on it too...will always be pissed about that.
__________________
Past rides: 2016 981 BGTS, 2020 MINI JCW, 2017 F80, 2015 981 CS, 2014 F22 235, 2011 E82 135, 2008 E82 135, 2007 E92 328, 2007 E92 328 (My lady drives an OG M2. So does my dad)
|
Appreciate
0
|
02-01-2018, 10:50 AM | #61 |
Captain
671
Rep 846
Posts |
This is a bullshit post. I just ran an employee lease on a totally base AW M2 with no options, MT, all discounts and 10K miles per year. In other words, the cheapest of the cheap and the payments are well into the $700's USD.
$600 Canadian is roughly $488 USD. No f_cking way. |
Appreciate
2
pz6193274.00 M3 Adjuster7904.50 |
02-01-2018, 12:22 PM | #62 | |
Lieutenant
273
Rep 486
Posts |
Quote:
|
|
Appreciate
1
M3 Adjuster7904.50 |
02-01-2018, 12:47 PM | #63 | |
Lieutenant General
4971
Rep 10,200
Posts
Drives: 2024 Golf R / 2022 718 Spyder
Join Date: Sep 2006
Location: Dallas, TX
|
Quote:
Regardless, the overall number of M2s will vastly outnumber that figure. EDIT - this thread has some good numbers on the overall pace of M2s, which (as you said) is already more than double the 1M: http://f87.bimmerpost.com/forums/sho....php?t=1321643
__________________
Past rides: 2016 981 BGTS, 2020 MINI JCW, 2017 F80, 2015 981 CS, 2014 F22 235, 2011 E82 135, 2008 E82 135, 2007 E92 328, 2007 E92 328 (My lady drives an OG M2. So does my dad)
Last edited by dmboone25; 02-01-2018 at 12:53 PM.. |
|
Appreciate
0
|
02-01-2018, 12:54 PM | #64 | |
Lieutenant General
4971
Rep 10,200
Posts
Drives: 2024 Golf R / 2022 718 Spyder
Join Date: Sep 2006
Location: Dallas, TX
|
Quote:
__________________
Past rides: 2016 981 BGTS, 2020 MINI JCW, 2017 F80, 2015 981 CS, 2014 F22 235, 2011 E82 135, 2008 E82 135, 2007 E92 328, 2007 E92 328 (My lady drives an OG M2. So does my dad)
|
|
Appreciate
1
M3 Adjuster7904.50 |
02-01-2018, 03:24 PM | #65 | |
Major
175
Rep 1,040
Posts |
Very different markets. No point to convert CAD to USD.
Quote:
|
|
Appreciate
0
|
02-01-2018, 04:02 PM | #66 |
New Member
6
Rep 25
Posts |
Not sure which dealership your friend works for, but IIRC one of the lower mainland dealerships leases out to their employees for 1% MSRP per month, in which case $965 would seem high.
|
Appreciate
0
|
Post Reply |
Bookmarks |
Thread Tools | Search this Thread |
|
|