[cc3]

Originally Posted by akkando

Every single time someone on this forum says they see many m2s just sitting on lots it's someone from the UK. So that seems to be the single market where people don't want them or they made WAY too many for that market.

Sadly the UK car industry has been shifting volume just to help keep the factory busy. Most are on finance which is a debt bubble waiting to burst. BMW has been a big player with ridiculous discounting which has hurt second hand values. Depreciation on many BMW models has been savage of late and it is a business model that is not sustainable

Cash buyers are now holding off changing because of poor trade in values

Sadly BMW uses the same model to shift M cars. They held back supply of M2's to start with but dealers will now discount. It's a road to ruin.

To compound matters BMW UK has become a major player in the pre reg market.

Punters overall love a deal but the knock on is low trade in's, a glut of second hand cars and a mountain of debt

Problem is the cycle has to continue unless BMW is prepared to cut production or find another market to take some of the UK allocation

New car sales are starting to come under pressure so should be an interesting winter