Canadians: Pricing $61,000 - CONFIRMED

Dabozo · 04-09-2016, 08:08 PM

You guys know if select financing is available (balloon payment)?
If so, anyone have any details about it?

Benzima · 04-09-2016, 08:15 PM

Just drove my brother's 1M today! Wow!
The car is so solid and can't wait to get my M2.

mmmmmazing · 04-10-2016, 07:28 AM

Quote:

Originally Posted by Dabozo

You guys know if select financing is available (balloon payment)?
If so, anyone have any details about it?

I didn't opt for it but it is available:

$73,871.12 Financed
$11,932.78 Implicit Finance Charges
$85,804.50 Total Obligation over Term
@ 60 month payments at 4.99% financing
$1,120.60 monthly payment (5 years)
$1,223.78 monthly payment (4 years)

$18,568.50 Balloon Payment (5 years)
$24,758.00 Balloon Payment (4 years)

Dabozo · 04-10-2016, 07:58 AM

Thanks!
The lease residual at 59% is not too bad but that interest rate of 5.9...yikes.

Benzima · 04-10-2016, 07:16 PM

Only one Canadian car delivered so far?

parrnan · 04-10-2016, 07:57 PM

Quote:

Originally Posted by Benzima

Only one Canadian car delivered so far?

Probably because BMW AG prefer to sell M2 in the USA. Actually lots of car manufacturers prefer to sell their cars in the USA instead of Canada. Because of the weak canadian dollar it is way more profitable to sell in the USA. I guess that this is the real reason why we're waiting and we're waiting and still waiting...

In a Quebec TV magazine about cars I've heard about someone who ordered a Honda HR-V last October 2015 that was supposed to be delivered in January 2016 that is now scheduled to be delivered next July... So, even for a low cost car we canadians are waiting when americans don't.

gmzanatta · 04-10-2016, 08:09 PM

Quote:

Originally Posted by Benzima

Only one Canadian car delivered so far?

Official release is 16th so I'm guessing we'll see a few more by then. Very few early HEA cars in Canada too.

Benzima · 04-10-2016, 08:18 PM

Quote:

Originally Posted by gmzanatta

Official release is 16th so I'm guessing we'll see a few more by then. Very few early HEA cars in Canada too.

Official release on a Saturday?!?

Most of the dealers in Quebec are closed during the weekend...

parrnan · 04-10-2016, 11:41 PM

Quote:

Originally Posted by Benzima

Official release on a Saturday?!?

Most of the dealers in Quebec are closed during the weekend...

Anyway the only thing they can show us is a car on a PC screen... In USA lots of dealers will have at least one HEA M2 to show but here... nothing, only the usual BS...

Benzima · 04-11-2016, 07:52 AM

Quote:

Originally Posted by parrnan

Anyway the only thing they can show us is a car on a PC screen... In USA lots of dealers will have at least one HEA M2 to show but here... nothing, only the usual BS...

I am sure there are a few M2s in the Montreal area already, just not exposed yet in dealerships. We should see more this week...

gmzanatta · 04-11-2016, 08:23 AM

Quote:

Originally Posted by Benzima

Quote:

Originally Posted by gmzanatta

Official release is 16th so I'm guessing we'll see a few more by then. Very few early HEA cars in Canada too.

Official release on a Saturday?!?

Most of the dealers in Quebec are closed during the weekend...

At the rate things are going with the M2 launch, are you really surprised?

mmmmmazing · 04-11-2016, 09:11 AM

There's one or two M2's in the hands of customers in B.C. Saw an email where two were captured near Langley area...

Chinsterr · 04-12-2016, 08:44 AM

Quote:

Originally Posted by mmmmmazing

Quote:

Originally Posted by Dabozo

You guys know if select financing is available (balloon payment)?
If so, anyone have any details about it?

I didn't opt for it but it is available:

$73,871.12 Financed
$11,932.78 Implicit Finance Charges
$85,804.50 Total Obligation over Term
@ 60 month payments at 4.99% financing
$1,120.60 monthly payment (5 years)
$1,223.78 monthly payment (4 years)

$18,568.50 Balloon Payment (5 years)
$24,758.00 Balloon Payment (4 years)

Are you in the Toronto area? Would you be willing to drive the car to a meet? It would give other members the opportunity to see and hear it IRL.

Weather is supposed to be good this weekend!

Benzima · 04-12-2016, 09:15 AM

Quote:

Originally Posted by Chinsterr

Are you in the Toronto area? Would you be willing to drive the car to a meet? It would give other members the opportunity to see and hear it IRL.

Weather is supposed to be good this weekend!

Same can apply to the Montreal area. Anyone receiving their car for this weekend? I might come with the 1M if interested

7UP · 04-12-2016, 12:14 PM

So I've placed my deposit in early March this year (3K non-refundable, biggest dealer in Vancouver). My SA said the car should be arrived around June/July. If not, he will give me a MY2017 model. He didn't give me the production number or anything that I can track down. Just a deposit receipt. He said he will give me a call 1 or 2 months prior to car production.

Similar story to you guys in Canada? I really want to get the car before July but I doubt it will happen...

Ex-MINI · 04-12-2016, 12:30 PM

Quote:

Originally Posted by 7UP

So I've placed my deposit in early March this year (3K non-refundable, biggest dealer in Vancouver). My SA said the car should be arrived around June/July. If not, he will give me a MY2017 model. He didn't give me the production number or anything that I can track down. Just a deposit receipt. He said he will give me a call 1 or 2 months prior to car production.

Similar story to you guys in Canada? I really want to get the car before July but I doubt it will happen...

I'm in the same situation...deposit but no production number yet.

mmmmmazing · 04-12-2016, 12:31 PM

Quote:

Originally Posted by Chinsterr

Are you in the Toronto area? Would you be willing to drive the car to a meet? It would give other members the opportunity to see and hear it IRL.

Weather is supposed to be good this weekend!

I would but I'll be in the U.S. with the car on Friday.

Perhaps next weekend? PM me meet details.

SupraSaiyan · 04-12-2016, 12:46 PM

Quote:

Originally Posted by 7UP

So I've placed my deposit in early March this year (3K non-refundable, biggest dealer in Vancouver). My SA said the car should be arrived around June/July. If not, he will give me a MY2017 model. He didn't give me the production number or anything that I can track down. Just a deposit receipt. He said he will give me a call 1 or 2 months prior to car production.

Similar story to you guys in Canada? I really want to get the car before July but I doubt it will happen...

I'm in same boat, was promised June/July but changed his tone to late 2016 after a few weeks taking my deposit.

I'm guessing you went to BJ BMW?

parrnan · 04-12-2016, 12:48 PM

Quote:

Originally Posted by 7UP

So I've placed my deposit in early March this year (3K non-refundable, biggest dealer in Vancouver). My SA said the car should be arrived around June/July. If not, he will give me a MY2017 model. He didn't give me the production number or anything that I can track down. Just a deposit receipt. He said he will give me a call 1 or 2 months prior to car production.

Similar story to you guys in Canada? I really want to get the car before July but I doubt it will happen...

You will be very lucky if you really get the car on June/July !

I've placed my order with a similar deposit in December 2015. I have a production number for my car since two months now and according to my SA the car will be built in August (for a October delivery). To have a June/July delivery your car should be built late April or beginning of May, so if you don't already have a production number and a production schedule I don't think you will get your car soon. If you don't have an Euro delivery or don't do the M tour I guess you should prepare yourself to do what the majority of Canadians M2 buyers do, which is wait wait and wait...

gmzanatta · 04-12-2016, 12:52 PM

Quote:

Originally Posted by 7UP

So I've placed my deposit in early March this year (3K non-refundable, biggest dealer in Vancouver). My SA said the car should be arrived around June/July. If not, he will give me a MY2017 model. He didn't give me the production number or anything that I can track down. Just a deposit receipt. He said he will give me a call 1 or 2 months prior to car production.

Similar story to you guys in Canada? I really want to get the car before July but I doubt it will happen...

If you don't have a production number at this point, chances are you are looking at very late 2016 or early 2017 delivery at best.

All dealers across Canada know how many cars they are getting for 2016 (the year, not MY mind you) and should know the production weeks by now as well.

If he is refusing to give you production number even though he has a car, I would call BS on it and ask for a screenshot showing production week.

FYI, figures are hovering around only 80-200 cars for this year depending on who you ask. I have unconfirmed information of about 80 MY16's and another 50-80 MY17's but MY17 may increase as time goes on.

PS: I had a production number over a month ago for an MY17, August build/September delivery, so no excuses from SAs of not knowing, unless they are lying and want you to buy a car they don't have.

mmmmmazing · 04-12-2016, 02:00 PM

Quote:

Originally Posted by 7UP

So I've placed my deposit in early March this year (3K non-refundable, biggest dealer in Vancouver). My SA said the car should be arrived around June/July. If not, he will give me a MY2017 model. He didn't give me the production number or anything that I can track down. Just a deposit receipt. He said he will give me a call 1 or 2 months prior to car production.

Similar story to you guys in Canada? I really want to get the car before July but I doubt it will happen...

If you don't have production number/week then you don't have a car.

Call your SA and get it. E.g. I placed a deposit Jan and was given my production number/week 3 weeks ago.

King_Slayer · 04-12-2016, 02:58 PM

I think concrete info will be difficult to come by until more people start taking deliveries of their cars. I put a deposit down early December and was told I would be getting mine August/September which is a MY2017. I guess ill be patient for a few months to see how things are going.

P.S if you guys do a meet id love to see BSM too!

04-09-2016, 08:08 PM	#1475
Dabozo Major 625 Rep 1,418 Posts Drives: M2 BSM MT Join Date: Aug 2015 Location: Toronto iTrader: (0)	You guys know if select financing is available (balloon payment)? If so, anyone have any details about it?
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04-09-2016, 08:15 PM	#1476
Benzima Colonel 1324 Rep 2,924 Posts Drives: 2017 BMW M2 Join Date: Nov 2015 Location: Montreal, CANADA iTrader: (0)	Just drove my brother's 1M today! Wow! The car is so solid and can't wait to get my M2.
	Appreciate 0 Quote

04-10-2016, 07:58 AM	#1478
Dabozo Major 625 Rep 1,418 Posts Drives: M2 BSM MT Join Date: Aug 2015 Location: Toronto iTrader: (0)	Thanks! The lease residual at 59% is not too bad but that interest rate of 5.9...yikes.
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04-10-2016, 07:16 PM	#1479
Benzima Colonel 1324 Rep 2,924 Posts Drives: 2017 BMW M2 Join Date: Nov 2015 Location: Montreal, CANADA iTrader: (0)	Only one Canadian car delivered so far?
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04-11-2016, 09:11 AM	#1486
mmmmmazing Private First Class 156 Rep 182 Posts Drives: In my hands! Join Date: Feb 2016 Location: Ontario iTrader: (0)	There's one or two M2's in the hands of customers in B.C. Saw an email where two were captured near Langley area...
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04-12-2016, 12:14 PM	#1489
7UP Private 25 Rep 55 Posts Drives: 1M Join Date: Apr 2016 Location: BC iTrader: (0)	So I've placed my deposit in early March this year (3K non-refundable, biggest dealer in Vancouver). My SA said the car should be arrived around June/July. If not, he will give me a MY2017 model. He didn't give me the production number or anything that I can track down. Just a deposit receipt. He said he will give me a call 1 or 2 months prior to car production. Similar story to you guys in Canada? I really want to get the car before July but I doubt it will happen...
	Appreciate 0 Quote

04-12-2016, 02:58 PM	#1496
King_Slayer Second Lieutenant 130 Rep 241 Posts Drives: 2017 BMW M2 Join Date: Oct 2015 Location: GTA iTrader: (0)	I think concrete info will be difficult to come by until more people start taking deliveries of their cars. I put a deposit down early December and was told I would be getting mine August/September which is a MY2017. I guess ill be patient for a few months to see how things are going. P.S if you guys do a meet id love to see BSM too!
	Appreciate 0 Quote