[XRAVE]

I don't think the M2C had that big of an affect on the used car market, where it hit was the 2018's left on the lot and people getting out of their orders. I would say almost 0 lease returns. For those who did lease, it would make no sense to turn in a car that has a buyout of ~30k when you could turn it into carmax for well above that.

The OG M2 production while not limited, was fairly small. Compared the E9x platform, they produced about 1/3. Comparing directly to the E92, about 1/2. While its easier to find what you want because of only one package, one interior color, and 4 exterior, I don't see the affecting it too much. Sub 30k miles I think will stay in ~40k range for the next couple of years.

I would look at the E9x pricing as a forecast.