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New 911 Turbo S got revealed with a base price of around $205k, which is $13k over the previous Turbo S. Sure more horsepower and torque but more weight to offset the gains. Add another $20k for reasonable options and another $12k or so for taxes and you are looking at around $240k which is what some people pay for houses. Plus Porsche Turbos are known to experience massive depreciation.
Somehow $83.6k for a M2 CS with minimal options (no CCBS) doesn't seem that bad. At least it is smaller, more nimble, and weighs less than the 911 Turbo. Depreciation won't be as bad either due to less supply of CS.
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