[infinitekidM2C]

there are some good m2 bargains. If you don't track or drive it to 8/10 or above, then you are better off with an m2 than an m2 comp considering the money savings.

[heavyD^2]

Is there even a guarantee BMW builds a next generation M2? Smaller RWD sporty cars like this are a dying breed as a lot of manufacturers are going AWD. After initial depreciation I can see these cars holding pretty decent value.

[akkando]

Originally Posted by heavyD^2

Is there even a guarantee BMW builds a next generation M2? Smaller RWD sporty cars like this are a dying breed as a lot of manufacturers are going AWD. After initial depreciation I can see these cars holding pretty decent value.

I mean last we checked they say they are going to make a next gen M2 with a manual and ZF8 transmission option.

[No1Cares]

definitely excited to see the m2 dropping in value. I'm wanting to get a beater car for my long commutes from va - pa but I want to have fun doing it! figure after this winter, next spring will be the perfect time as everyone slowly gets their m2c and returns older m2

definitely has to be manual though.

[thediamondguest]

Originally Posted by amancuso

There's only 3 below 45K within 150 miles of me (Southern NJ). Two are private seller and one is a dealer. Two manual, one DCT.

I actually traded in my M240 yesterday for a 2018 M2 in Long Beach Blue and I got it down for ~$45k. The dealer was seeking to get the 2018s off of the lot as they still have 2 M2s, but both are Sapphire Black.

[TheAMackAttack]

Originally Posted by thediamondguest

I actually traded in my M240 yesterday for a 2018 M2 in Long Beach Blue and I got it down for ~$45k. The dealer was seeking to get the 2018s off of the lot as they still have 2 M2s, but both are Sapphire Black.

Can you provide more details on this deal? I'm like stunned but also want to hear how you got one that cheaply? Was it new? If not, how many miles? That seems to be below trade in value....

I picked up a certified pre owned '16 LBB a few weeks ago with low miles from a dealer about 200 miles away and as far as I could tell, it was the least expensive CPO M2 in the country...

[JRF]

I got mine for about $3500 off a $59k sticker a month ago with exactly what I wanted on my trade.

In retrospect, speaking with other recent buyers, and in looking at existing dealer inventory/pricing, I probably could have pushed for and gotten $5-6k off sticker.

Used low mileage '16s or '17s for $45-$47k vs a new '18 for $53k-ish can become a more difficult decision.

[Beakster]

Originally Posted by JRF

I got mine for about $3500 off a $59k sticker a month ago with exactly what I wanted on my trade.

In retrospect, speaking with other recent buyers, and in looking at existing dealer inventory/pricing, I probably could have pushed for and gotten $5-6k off sticker.

Used low mileage '16s or '17s for $45-$47k vs a new '18 for $53k-ish can become a more difficult decision.

Same situation for me...got $4K off of a 59K MSRP 3 weeks ago after driving a few used 2017 M2's. Didn't find the "perfect" used one so I snapped up a 2018 optioned exactly as I wanted. A new 2018 for 45K doesn't sound right, especially since I had about 12 local dealers in the LA area trying to work deals for me. Ended up about 200 miles away from me to get mine with no test drive miles on it. There were quite a few with 60 - 140 miles on them that I didn't want.

[detroitm2]

Originally Posted by thediamondguest

I actually traded in my M240 yesterday for a 2018 M2 in Long Beach Blue and I got it down for ~$45k. The dealer was seeking to get the 2018s off of the lot as they still have 2 M2s, but both are Sapphire Black.

Saw this on reddit and was stunned. I bought my '18 with ~ 3200 miles on it, MPE, CF diffuser, MP pedals, exc package 6mt for $49.5K and it was the best deal around at the time.

[heavyD^2]

Originally Posted by akkando

I mean last we checked they say they are going to make a next gen M2 with a manual and ZF8 transmission option.

2 Series sales haven't been that great in North America though. ZF8 in an M2 or M4 is very disappointing as it's a grand touring transmission used in medium performance sedans like the S4. Heck even cars like the Dodge Challenger use it.

[TheAMackAttack]

Not trying to be a player hater... I just really need to know more about this 2018 being sold for $45k...?

Can thediamondguest fill us in on the details? I just wasted some serious shareholder value by spending the last 45min on Autotrader at work doing a nationwide search and can only find higher mileage 2016's for around that price....

[akkando]

Originally Posted by heavyD^2

2 Series sales haven't been that great in North America though. ZF8 in an M2 or M4 is very disappointing as it's a grand touring transmission used in medium performance sedans like the S4. Heck even cars like the Dodge Challenger use it.

I really like the DCT, but people who have tried the the zf8 on the m5 say it's really good.... maybe it is.

If it's not then I see a m2c in my future, or maybe a used individual color f80 dct after the g series is out and a MT g series m2.

[DanG]

Here is a cheap 2017 with a carbon roof. https://f87.bimmerpost.com/forums/sh....php?t=1537308

[thediamondguest]

Originally Posted by TheAMackAttack

Can you provide more details on this deal? I'm like stunned but also want to hear how you got one that cheaply? Was it new? If not, how many miles? That seems to be below trade in value....

I picked up a certified pre owned '16 LBB a few weeks ago with low miles from a dealer about 200 miles away and as far as I could tell, it was the least expensive CPO M2 in the country...

it was new, but it was ordered by the dealer on spec, and since in my immediate area (Inland Empire/SoCal), more people like White, Black, Gray, and not the LBB, it had been sitting around for a month. Additionally, my M240 was custom ordered, with every option, and also had the M Performance Exhaust, Limited Slip Differential and a few extras. In fact, between the time that I saw the M2 (and drove it) and signed the paperwork (6 hours later), they had already found another dealer that was looking for a M240 with all of the options. Additionally, because I had paid for the extra bits (Aftermarket M Performance goodies), we negotiated that as well since I only had the exhaust installed for 5 weeks and still had the original stock one in my garage.

Originally Posted by laszlof

Saw this on reddit and was stunned. I bought my '18 with ~ 3200 miles on it, MPE, CF diffuser, MP pedals, exc package 6mt for $49.5K and it was the best deal around at the time.

I was stunned as well because when I was first looking for a 2 Series (in December 2017), I was looking at the M2 in LBB, but I didn't want to wait for an allocation, so I went with the M240 in Estoril Blue. Then, this week, I was poking around on the BMW website, configuring an M4 and a M2C, when I texted my salesperson to ask him about what type of deal he could give me on a 2019 M2. That's when he told me about the 2018 that had been sitting around.

Originally Posted by TheAMackAttack

Not trying to be a player hater... I just really need to know more about this 2018 being sold for $45k...?

Can thediamondguest fill us in on the details? I just wasted some serious shareholder value by spending the last 45min on Autotrader at work doing a nationwide search and can only find higher mileage 2016's for around that price....

The dealer was going to give me $37k for the M240, without all of the M Performance Bits, but since they weren't going to fit on the M2, I had a bit of leverage, since I still had the OEM parts. For example, I calculated that I spent between $6-7k on upgrades to the car before trading it in, so when I came in at $45k, they were first going to offer me the M2 for $56k (it only had 23 miles on it), so the delta was $11k. But, after some negotiating work, like fine tuning a financing offer so I could get 0% interest (after bank-specific rebates), they were able to match the ~$45k price level, especially since they needed lot space for the 2019s and it was approaching the last week of the month (and potentially quarter, depending on when the dealer does their accounting).

I don't think the deal would have worked if the dealer could not have found a buyer/other dealer for the M240, although it would free a spot on the new car lot, and the M240 would move across the street to the CPO area.

[pit1]

I inquired trade value of my '16 M2 with 36k miles for M2C. They only offered me $34k.

[detroitm2]

Originally Posted by thediamondguest

it was new, but it was ordered by the dealer on spec, and since in my immediate area (Inland Empire/SoCal), more people like White, Black, Gray, and not the LBB, it had been sitting around for a month. Additionally, my M240 was custom ordered, with every option, and also had the M Performance Exhaust, Limited Slip Differential and a few extras. In fact, between the time that I saw the M2 (and drove it) and signed the paperwork (6 hours later), they had already found another dealer that was looking for a M240 with all of the options. Additionally, because I had paid for the extra bits (Aftermarket M Performance goodies), we negotiated that as well since I only had the exhaust installed for 5 weeks and still had the original stock one in my garage.



I was stunned as well because when I was first looking for a 2 Series (in December 2017), I was looking at the M2 in LBB, but I didn't want to wait for an allocation, so I went with the M240 in Estoril Blue. Then, this week, I was poking around on the BMW website, configuring an M4 and a M2C, when I texted my salesperson to ask him about what type of deal he could give me on a 2019 M2. That's when he told me about the 2018 that had been sitting around.



The dealer was going to give me $37k for the M240, without all of the M Performance Bits, but since they weren't going to fit on the M2, I had a bit of leverage, since I still had the OEM parts. For example, I calculated that I spent between $6-7k on upgrades to the car before trading it in, so when I came in at $45k, they were first going to offer me the M2 for $56k (it only had 23 miles on it), so the delta was $11k. But, after some negotiating work, like fine tuning a financing offer so I could get 0% interest (after bank-specific rebates), they were able to match the ~$45k price level, especially since they needed lot space for the 2019s and it was approaching the last week of the month (and potentially quarter, depending on when the dealer does their accounting).

I don't think the deal would have worked if the dealer could not have found a buyer/other dealer for the M240, although it would free a spot on the new car lot, and the M240 would move across the street to the CPO area.

Wait,

So what do the performance parts have to do with this? I'm confused here. Did they take the m240i performance parts as part of a trade in? If you're subtracting trade-in valuation, you didn't get an M2 for $45k.

[thediamondguest]

Originally Posted by laszlof

Wait,

So what do the performance parts have to do with this? I'm confused here. Did they take the m240i performance parts as part of a trade in? If you're subtracting trade-in valuation, you didn't get an M2 for $45k.

Now quite. The first round of discussion was taking the performance parts off of the M240 and refunding them, but that fell through for obvious reasons.

The second round involving taking the performance bits off and then I would sell them as a private party. It was at this point that I suggested that the performance parts make the M240 worth more than a normal M240.

The third round was negotiating as to how much the parts add to the overall value of the car, and how would that play into the trade.

And, since I had bought the M240 outright, there was no loan balance, and in addition to getting financing through a non BMW bank, the finance department regarded it as a cash sale, which also greatly helped negotiating.

ETA: I forgot to mention that according to the State of California, I'm a licensed Wholesale Auto Dealer/Broker (buy 1 or 2 cars per year from insurance auctions to fix them up, currently working on a Land Cruiser)

[detroitm2]

Originally Posted by thediamondguest

Now quite. The first round of discussion was taking the performance parts off of the M240 and refunding them, but that fell through for obvious reasons.

The second round involving taking the performance bits off and then I would sell them as a private party. It was at this point that I suggested that the performance parts make the M240 worth more than a normal M240.

The third round was negotiating as to how much the parts add to the overall value of the car, and how would that play into the trade.

And, since I had bought the M240 outright, there was no loan balance, and in addition to getting financing through a non BMW bank, the finance department regarded it as a cash sale, which also greatly helped negotiating.

So the M240i trade-in with extra goodies offset the cost on the M2? You're still not making any sense here.

It sounds like you took your trade value and added the m performance options to it as value, further reducing the out of pocket expense for the M2. It doesnt sound like the SALE PRICE of the M2 was $45K, its the net sale price after deducting the extra value from the M240i.

Can you share your sales doc(s)? Feel free to redact any sensitive info.

[M2PDX]

It's a great time to get one at a good price, and then use your savings to do some really cool things to it!

I got a 2017 with 5400 miles for a GREAT Price, and then invested in a few upgrades, which came out to less than buying a brand new one, even at today's discounted prices:

https://f87.bimmerpost.com/forums/sh....php?t=1530010

[thediamondguest]

Originally Posted by laszlof

So the M240i trade-in with extra goodies offset the cost on the M2? You're still not making any sense here.

It sounds like you took your trade value and added the m performance options to it as value, further reducing the out of pocket expense for the M2. It doesnt sound like the SALE PRICE of the M2 was $45K, its the net sale price after deducting the extra value from the M240i.

Can you share your sales doc(s)? Feel free to redact any sensitive info.

Correct, it wasn't a straight trade situation.

• The M240, without the performance bits was valued at $37,500
• The MSRP on the M2 was $62k
• The dealer discounted the price on the M2 from the $62k to $57,500 (so I was still looking at a delta of around $20k)
• When we tallied up all of the performance parts, I had paid $7,500. Their first option was for me to get all of the performance parts back and resell on my own. I countered with letting them keep the parts and applying the original sale price on either the trade or the price of the M2.
• So, all said, I was looking at a delta of around $12,500
• But, since I had paid for a maintenance program and PPF, I negotiated those prices to be subtracted from the remaining amount, which was $1500 for the PPF and an additional $2500, which dropped the amount remaining to around $8,500
• Adding on a loyalty bonus which was around $1000, so therefore I'm down to $7500
• Because the dealer was starting a sales event on the 21st, which involved an extra $1000 off, I was able to grab that discount too, so the remaining price was $6500
• And because they also had a promotion on an additional $1000 off if you apply and receive the BMW Branded Credit Card, I got that as well, which dropped the overall total to $5500

The fun part is the negotiating, then again, I must be the 5% of people who enjoys haggling at price.

[detroitm2]

Originally Posted by thediamondguest

Correct, it wasn't a straight trade situation.

• The M240, without the performance bits was valued at $37,500
• The MSRP on the M2 was $62k
• The dealer discounted the price on the M2 from the $62k to $57,500 (so I was still looking at a delta of around $20k)
• When we tallied up all of the performance parts, I had paid $7,500. Their first option was for me to get all of the performance parts back and resell on my own. I countered with letting them keep the parts and applying the original sale price on either the trade or the price of the M2.
• So, all said, I was looking at a delta of around $12,500
• But, since I had paid for a maintenance program and PPF, I negotiated those prices to be subtracted from the remaining amount, which was $1500 for the PPF and an additional $2500, which dropped the amount remaining to around $8,500
• Adding on a loyalty bonus which was around $1000, so therefore I'm down to $7500
• Because the dealer was starting a sales event on the 21st, which involved an extra $1000 off, I was able to grab that discount too, so the remaining price was $6500
• And because they also had a promotion on an additional $1000 off if you apply and receive the BMW Branded Credit Card, I got that as well, which dropped the overall total to $5500

The fun part is the negotiating, then again, I must be the 5% of people who enjoys haggling at price.

Ah, that makes sense. So the M2 was NOT $45K, it was actually quite a bit higher than that but you worked out some creative trade deals I think everyone was thinking that you walked out the door paying $45K (no trade) for a new 2018 M2, which wasnt the case

[ajvdh]

Originally Posted by heavyD^2

2 Series sales haven't been that great in North America though. ZF8 in an M2 or M4 is very disappointing as it's a grand touring transmission used in medium performance sedans like the S4. Heck even cars like the Dodge Challenger use it.

I had one in my 228, and while it felt like a step down from the DCT, it's still very good.

If there are performance issues, they're probably not hardware related: The race-only 235R came exclusively with the ZF8, albeit with modified programming. There were a couple at a WRL race I ran a year or so ago, and from the pit wall, it sure sounded like shifts were instantaneous. I spoke to a couple of the drivers who said it was indistinguishable from the DCT. They both said it was *the* transmission to have for an endurance race.