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      02-22-2018, 10:31 AM   #1
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Very Expensive M2

My dealer has an LBB M2 on his lot with a factory sticker of $69,010.
https://www.bmwseattle.com/new/BMW/2...ecd673ba1d.htm

Getting very close to a stripped down M4. The last picture is of the sticker price.
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      02-22-2018, 10:51 AM   #2
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It basically has all the M performance parts you can get, even the exhaust - not surprising that the price gets high in a hurry.

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      02-22-2018, 10:56 AM   #3
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Quote:
Originally Posted by DanG View Post
My dealer has an LBB M2 on his lot with a factory sticker of $69,010.
https://www.bmwseattle.com/new/BMW/2...ecd673ba1d.htm

Getting very close to a stripped down M4. The last picture is of the sticker price.
You're saving money on labor since everything comes preinstalled. Assuming you want all those parts, this is actually a good deal.

If you took off the exhaust and all the carbon it would be 60k for lbb+dct+exec, which is normal.


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Originally Posted by dmboone25 View Post
It basically has all the M performance parts you can get, even the exhaust - not surprising that the price gets high in a hurry.

It doesn't have the performance suspension, pedals, steering wheel, floor mats or carbon/alancatara trim.

I guess they wanted to keep it under 70.
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      02-22-2018, 11:05 AM   #4
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Originally Posted by andrewc89 View Post
You're saving money on labor since everything comes preinstalled. Assuming you want all those parts, this is actually a good deal.

If you took off the exhaust and all the carbon it would be 60k for lbb+dct+exec, which is normal.




It doesn't have the performance suspension, pedals, steering wheel, floor mats or carbon/alancatara trim.

I guess they wanted to keep it under 70.
I noticed that the steering wheel was missing after I posted.

But that's still a lot of extra stuff that someone might not want...I wonder if this one will sit for a while. You're definitely right that it's a good deal if you do want it - you're not paying the labor on the back end this way...
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      02-22-2018, 11:38 AM   #5
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So, if you're up to installing the parts yourself (which you should be because it's simple), you can save $1,583 by buying the parts off ebay and ECS Tuning. There are a couple USA BMW dealers who list parts on there for below MSRP, and ECS has the exhaust for cheapest that I've found. I know this because I recently purchased all the M2 Carbon bits from ebay dealerships.

LBB M2 - $60795
Rear Winglets - $660
Front Winglets - $830
Mirror Caps - $455
Diffuser - $810
Grilles - $280
Side Grill - $116
Spoiler - $430
Exhaust w/ Tips - $3052

Total - $67.427

Personally, I would have someone else install the exhaust for me. I only own a floor jack and don't have friend to ask for help, so I don't wanna fumble around with a heavy exhaust by myself. So that would eat a little into the $1,583 I would save. Though I think I can find a mechanic to do it for $400 or so.
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      02-22-2018, 01:49 PM   #6
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Quote:
Originally Posted by Anthony1s View Post
So, if you're up to installing the parts yourself (which you should be because it's simple), you can save $1,583 by buying the parts off ebay and ECS Tuning. There are a couple USA BMW dealers who list parts on there for below MSRP, and ECS has the exhaust for cheapest that I've found. I know this because I recently purchased all the M2 Carbon bits from ebay dealerships.

LBB M2 - $60795
Rear Winglets - $660
Front Winglets - $830
Mirror Caps - $455
Diffuser - $810
Grilles - $280
Side Grill - $116
Spoiler - $430
Exhaust w/ Tips - $3052

Total - $67.427

Personally, I would have someone else install the exhaust for me. I only own a floor jack and don't have friend to ask for help, so I don't wanna fumble around with a heavy exhaust by myself. So that would eat a little into the $1,583 I would save. Though I think I can find a mechanic to do it for $400 or so.
I got quoted for $260 in labor for the exhaust install. Taking that into account, and the exhaust being the most labor intensive piece, I think it's a little high.
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      02-22-2018, 02:36 PM   #7
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Quote:
Originally Posted by DanG View Post
My dealer has an LBB M2 on his lot with a factory sticker of $69,010.
https://www.bmwseattle.com/new/BMW/2...ecd673ba1d.htm

Getting very close to a stripped down M4. The last picture is of the sticker price.
Seattle BMW loves to order that combo. The dealer demo car they got in was LBB with all the carbon add ons. I was number 15 on the list when they called me and offered it to me. At that point, only 4 slots had been filled. So they had called 10 other people before they got to me. I told them the same thing I'll be the other 10 did "Uh, no thanks. I'll wait for the one I want."
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      02-22-2018, 04:02 PM   #8
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Quote:
Originally Posted by sh_kross View Post
I got quoted for $260 in labor for the exhaust install. Taking that into account, and the exhaust being the most labor intensive piece, I think it's a little high.
Yea, I agree with calling it "a little high". What I don't agree with is "very expensive". And I'm unsure the general consumer would even agree it is a little high at first glace, as they probably only see the parts cost that BMW shows on the sticker and on their website, and see too that the dealer took $1,000 off MSRP on sticker... It took me some time to gather part numbers and search a bunch of websites for the cheapest price on the parts. Which I think the average person wouldn't do or believe they could only get the parts from BMW. So, in the dealers eyes, that price is fair to the average consumer.

Anyway, my post was more to put everything in perspective on exactly how cheap it could be had for. I don't believe someone would have much negotiation success going into it trying to convince the dealer the price is "very expensive". However, going into it thinking the price is "a little high" might work out more favorable for everyone involved.
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      02-22-2018, 04:07 PM   #9
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Quote:
Originally Posted by Anthony1s View Post
Yea, I agree with calling it "a little high". What I don't agree with is "very expensive". And I'm unsure most others would even agree it is a little high at first glace, as they probably only see the parts cost that BMW shows on the sticker and on their website, and see too that the dealer took $1,000 off MSRP on sticker... It took me some time to gather part numbers and search a bunch of websites for the cheapest price on the parts. Which I think the average person wouldn't do or believe they could only get the parts from BMW. So, in the dealers eyes, that price is fair to the average consumer.

Anyway, my post was more to put everything in perspective on exactly how cheap it could be had for. I don't believe someone would have much negotiation success going into it trying to convince the dealer the price is "very expensive". However, going into it thinking the price is "a little high" might work out more favorable for everyone involved.
Other than that, Mrs. Lincoln, how did you enjoy the play?



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      02-22-2018, 04:17 PM   #10
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I'd say that the car at US value with all the M Performance parts is probably worth around $64k on the high end if we set off from an MSRP of $56k. If you can get close to that number, you would be getting a pretty good deal. Either way, it could be an attractive option if you could get the dealer to budge a couple of grand off that $69k, you could chalk it up to saving yourself some hassle with coordinating the installation, shipping and all the coordination involved for those parts.
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      02-22-2018, 04:33 PM   #11
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Quote:
Originally Posted by sh_kross View Post
I'd say that the car at US value with all the M Performance parts is probably worth around $64k on the high end if we set off from an MSRP of $56k. If you can get close to that number, you would be getting a pretty good deal. Either way, it could be an attractive option if you could get the dealer to budge a couple of grand off that $69k, you could chalk it up to saving yourself some hassle with coordinating the installation, shipping and all the coordination involved for those parts.
I don't understand where you're getting your numbers from. The MSRP isn't $56k, it's $60,795, so you can't use $56k as a starting point for your reasoning.
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      02-22-2018, 05:39 PM   #12
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Quote:
Originally Posted by Anthony1s View Post
I don't understand where you're getting your numbers from. The MSRP isn't $56k, it's $60,795, so you can't use $56k as a starting point for your reasoning.
Since when? I've always seen $56k in the US. When I went to get a loan, even PenFed only valued $56k. It's one of the reasons I wasn't able to get the loan with them, the car in PR is much more expensive, and they could only go up 10% of $56k.

I even looked up the KBB value of the car new... high $55k, so $56k seems like an good number to me...
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      02-22-2018, 05:57 PM   #13
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Originally Posted by sh_kross View Post
Since when? I've always seen $56k in the US. When I went to get a loan, even PenFed only valued $56k. It's one of the reasons I wasn't able to get the loan with them, the car in PR is much more expensive, and they could only go up 10% of $56k.

I even looked up the KBB value of the car new... high $55k, so $56k seems like an good number to me...
MSRP stands for Manufacturers Suggested Retail Price, so you need to get the price from the manufacturer.

Here is a breakdown of the car posted in this thread according to bmwusa.com

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      02-22-2018, 06:19 PM   #14
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I know what it means. I guess I never thought about speccing it with DCT, though. I've configured the car more times that I can count, and it always added up to $56k high. Now it's $57k. Still I guess we're both right in a way. Depends on the transmission.
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      02-22-2018, 06:42 PM   #15
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Any way you slice it, $69k is a very expensive M2.

This particular car was built before the $1000 price increase last month so, without $9k+ of useless add-ons (that do nothing to make the car any faster or any more fun to drive), it would have been under $60k MSRP.
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      02-23-2018, 09:37 AM   #16
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Quote:
Originally Posted by bobert View Post
Any way you slice it, $69k is a very expensive M2.

This particular car was built before the $1000 price increase last month so, without $9k+ of useless add-ons (that do nothing to make the car any faster or any more fun to drive), it would have been under $60k MSRP.
I'd say it is a matter of perspective whether certain parts are useless or not. Some folks like the sound of that exhaust and that makes it more fun for them. Not my thing, but I get it and wouldn't proclaim it useless.

I find the aero parts provide me signficant fun, giving me every bit of downforce I can get, when I am heading up the Uphill Esses at VIR at 120+. That makes my laptimes faster and staying planted is fun, I can tell you that.

If you are heel-toeing your way to the grocery store, those aero parts are absolutely useless.

So I disagree on useless for everyone. I do agree you can install those parts yourself and get them a good bit cheaper from places like Sun Motorcars. Obviously buy the car with the options that make sense for you.
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      02-23-2018, 12:14 PM   #17
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I know a dealer that’s had an M240i on his lot for a year or more - loaded to the gills and priced more than an M2. I can’t believe he hasn’t learned the lesson that buyers want to decide what add-ons and accessories they need. Would you buy an overloaded, overpriced car that’s been through two winters on the lot at MSRP?

BTW, the M2s he’s been bringing in without any add-ons are selling pretty quickly.
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      02-23-2018, 08:07 PM   #18
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Originally Posted by arudeone View Post
I'd say it is a matter of perspective whether certain parts are useless or not. Some folks like the sound of that exhaust and that makes it more fun for them. Not my thing, but I get it and wouldn't proclaim it useless.

I find the aero parts provide me signficant fun, giving me every bit of downforce I can get, when I am heading up the Uphill Esses at VIR at 120+. That makes my laptimes faster and staying planted is fun, I can tell you that.

If you are heel-toeing your way to the grocery store, those aero parts are absolutely useless.

So I disagree on useless for everyone. I do agree you can install those parts yourself and get them a good bit cheaper from places like Sun Motorcars. Obviously buy the car with the options that make sense for you.
If someone likes the sound of the optional exhaust (I'm happy with the stock exhaust sound) or likes the looks of the aero bits, then by all means feel free to get them - get what makes you happy. But while the optional exhaust may increase auditory pleasure for those who prefer its sound over the stock unit, it doesn't make the driving experience any better. And until I see a professional driver compile two sets of certified lap times, one set without any aero add-ons and one set with them installed, so that I can then determine whether or not the aero bits lower the average lap time by a statistically significant amount of time, I'll remain rather skeptical that they actually reduce lap times (yes, I am fun at parties ).
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      02-23-2018, 09:00 PM   #19
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Quote:
Originally Posted by bobert View Post
If someone likes the sound of the optional exhaust (I'm happy with the stock exhaust sound) or likes the looks of the aero bits, then by all means feel free to get them - get what makes you happy. But while the optional exhaust may increase auditory pleasure for those who prefer its sound over the stock unit, it doesn't make the driving experience any better. And until I see a professional driver compile two sets of certified lap times, one set without any aero add-ons and one set with them installed, so that I can then determine whether or not the aero bits lower the average lap time by a statistically significant amount of time, I'll remain rather skeptical that they actually reduce lap times (yes, I am fun at parties ).
Lol. I actually do have PDR data from my Corvette, and a buddy of mine spent a day (yes, we are nerds) comparing stage 1,2 and 3 aero on his Z06 with an Aim Solo DL. So yeah, I have data that shows. Just average drivers but still seeing real differences. Slower down the back straight, but faster in the corners, overall better times.

Happy to show it to you...but not sure I want to go through that trouble with your requirements you listed and you discount it...so how about you bring you and your car down to VIR and we can make you a believer? My car with bullshit aero and yours without. Worst case you have a great time and stay skeptical. I'll be there with TrackDaze 3/19 and Audi Club 4/9.

But seriously...it's true man...it works. Remember the original Audi TT that was blowing off the Autobahn...they added a tiny little spoiler and voila.

Anyway...
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      02-23-2018, 09:35 PM   #20
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Originally Posted by arudeone View Post
Lol. I actually do have PDR data from my Corvette, and a buddy of mine spent a day (yes, we are nerds) comparing stage 1,2 and 3 aero on his Z06 with an Aim Solo DL. So yeah, I have data that shows. Just average drivers but still seeing real differences. Slower down the back straight, but faster in the corners, overall better times.

Happy to show it to you...but not sure I want to go through that trouble with your requirements you listed and you discount it...so how about you bring you and your car down to VIR and we can make you a believer? My car with bullshit aero and yours without. Worst case you have a great time and stay skeptical. I'll be there with TrackDaze 3/19 and Audi Club 4/9.

But seriously...it's true man...it works. Remember the original Audi TT that was blowing off the Autobahn...they added a tiny little spoiler and voila.

Anyway...
The TT on the autobahn was a different car in a different scenario but, yea, that was quite a tale, wasn't it?

Anyway, I'm not saying I can't be convinced but, at any rate, let's hear it for nerds - who says we aren't fun?
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      02-23-2018, 09:40 PM   #21
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Quote:
Originally Posted by bobert View Post
If someone likes the sound of the optional exhaust (I'm happy with the stock exhaust sound) or likes the looks of the aero bits, then by all means feel free to get them - get what makes you happy. But while the optional exhaust may increase auditory pleasure for those who prefer its sound over the stock unit, it doesn't make the driving experience any better. And until I see a professional driver compile two sets of certified lap times, one set without any aero add-ons and one set with them installed, so that I can then determine whether or not the aero bits lower the average lap time by a statistically significant amount of time, I'll remain rather skeptical that they actually reduce lap times (yes, I am fun at parties ).
Bobert, the thing you aren't grasping is that because something is worth less to you, doesn't make it "very expensive" or priced unfairly. The vehicle this thread is about is price appropriately or a little higher than it's market value. Lap times between exhaust have nothing to do with it.
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      02-23-2018, 10:02 PM   #22
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Quote:
Originally Posted by Anthony1s View Post
Bobert, the thing you aren't grasping is that because something is worth less to you, doesn't make it "very expensive" or priced unfairly. The vehicle this thread is about is price appropriately or a little higher than it's market value. Lap times between exhaust have nothing to do with it.
The thing you aren't grasping is that there are two different concepts in play here (aside from our brief and admittedly unrelated side conversation about exhaust systems and the effects of aero bits on lap times) - it's one thing for the OP to state a fact that he saw a "very expensive" M2, which simply means it had a lot of options, which is undeniable; it's another thing for you to talk about whether or not the asking price is a fair price or a good value. You are certainly entitled to your opinion on that matter, and we may agree or disagree on that, but I don't think the OP was trying to make a statement/opinion on the fairness of the asking price - maybe just pointing out that it was super-loaded with options.

PS - you also stated that the MSRP without those add-ons would have been $60,795, which was incorrectly based on the recent base price increase to $54,500, whereas the car in question was built prior to that price increase, as shown on its window sticker with the previous base price of $53,500.
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