[DanG]

Originally Posted by DAC17

$1,000 is not a big deal. When I asked the question, I wondered if it might be closer to $5,000-$8,000??

I don’t think anyone knows. As I said before, the new generation of the two series coming out in your two year horizon makes guessing impossible. I think the $1,000 mark is very unlikely.

[f87kevin]

I'll say the unpopular thing for a auto forum. If you're buying a new car every two years it's already a financial bloodbath and hog are going to get hit with the worst part of the depreciation curve. I'd recommend going one of two different directions instead.

If you like changing cars frequently buy a 2-3 year old car each time. You can get nice cars coming off of leases that will still feel modern/nice and someone else has taken the hard side of deprecation for your.

Or, find a car that puts a big enough of a smile on your face you will hold onto it for a long time.

Alright, let the internet flogging commence. *Ducks*

[richard in NC]

I do 3 year leases.
The upside is a new/different car every 3 years and somewhat lower payments.
The downside is inability to really mod them, costly to buy out and keep long term if desired, and knowing I'll always have car payments.

[DanG]

Originally Posted by richard in NC

I do 3 year leases.
The upside is a new/different car every 3 years and somewhat lower payments.
The downside is inability to really mod them, costly to buy out and keep long term if desired, and knowing I'll always have car payments.

BMW doesn't want you to lease an M car. Their residual is way to low making payments relatively high. The M240 lease will be much more favorable.

[Al Bundy's Dodge]

Originally Posted by f87kevin

I'll say the unpopular thing for a auto forum. If you're buying a new car every two years it's already a financial bloodbath and hog are going to get hit with the worst part of the depreciation curve. I'd recommend going one of two different directions instead.

If you like changing cars frequently buy a 2-3 year old car each time. You can get nice cars coming off of leases that will still feel modern/nice and someone else has taken the hard side of deprecation for your.

Or, find a car that puts a big enough of a smile on your face you will hold onto it for a long time.

Alright, let the internet flogging commence. *Ducks*

Nothing wrong with this advice

[BigKutta]

Originally Posted by BigKutta

Since you trade every two years, you are taking major financial hits anyway so why do you care if you lose $1000 more or less?

Originally Posted by DAC17

$1,000 is not a big deal. When I asked the question, I wondered if it might be closer to $5,000-$8,000??

Originally Posted by f87kevin

I'll say the unpopular thing for a auto forum. If you're buying a new car every two years it's already a financial bloodbath and hog are going to get hit with the worst part of the depreciation curve. I'd recommend going one of two different directions instead.

If you like changing cars frequently buy a 2-3 year old car each time. You can get nice cars coming off of leases that will still feel modern/nice and someone else has taken the hard side of deprecation for your.

Or, find a car that puts a big enough of a smile on your face you will hold onto it for a long time.

Alright, let the internet flogging commence. *Ducks*

That was exactly my point. There is nothing wrong with your advice Kevin, its sound advice

[PLF69]

Always baught cars 2-4 years old was always getting more for my $, The M2 is the only car I baught new and it's the one that will end up costing me the most for sure.

[thebiglubinsky]

I just sold my m240 a few months ago and bought a brand new 2021 M2C. I had it for 3 years. Get the M2. The suspension is Goldilocks perfect, m240 meh, a little floaty. If your even slightly considering an M2C, get it, period. After a little while, the m240 will be like any old standard commuter car. I don't think that will happen with the M2, it gets your blood boiling. Also, go with the manual 😎

[GarageMadness]

Originally Posted by DAC17

Ok, I'm posting this on the M2 board, so the replies may be biased.

I'm considering either a new M240i or M2C. I usually trade/sell about every two years, so I'm curious to know opinions on how much "net" loss I'll take over that time by buying one over the other. I assume I can purchase the M240i for about 8% off MSRP and the M2C for about 6% off, but don't know how the residual value will change that equation. As a start, does anyone know the current 24 month lease residuals?

Thanks.

Why not just lease if you're getting a new car every two years?

[baege]

High performance cars tend to depreciate at a slower rate...

I had a 2016 Cayman S (manual) for 3 years and it only lost about 12k in value in those 3 years which is pretty low for a 75Kish car.

I had an m240i for 2 years and it lost about 16k in value in those 2 years which is pretty bad depreciation for a 50kish car.

I suspect the M2C depreciation will be closer to the Cayman's and quite different from the m240i. I think the introduction of the new 2 series will also impact the m240i depreciation more significantly in the short term

so bottom line, get the M2C, it probably won't cost you more than the m240i, but it's definitely more fun!

[akkando]

Originally Posted by richard in NC

I do 3 year leases.
The upside is a new/different car every 3 years and somewhat lower payments.
The downside is inability to really mod them, costly to buy out and keep long term if desired, and knowing I'll always have car payments.

And there might not be that many new cars you actually want in the near future, unless you like 4 cylinders and electric cars that are as big as a yacht.

[Fined]

either way, upgrading cars every 2 years is a super fashionable way of burning money.

[xxyion]

Would you be selling the car private party or trading into a dealership? For someone who switches every 2-3 years i'm assuming you're going to use it as a trade in rather than bothering with trying to sell it private party.

I traded in my M2C after about 9 months of ownership. 3000 miles on it. I owed 59k and dealership gave me 53k as trade in value. Honestly it could have been more but the issue is the M2C has only been out for 2 years and its a limited run compared to the M240i so used prices havnt averaged out yet. If you were to buy a 2021 now and attempt to trade it in 2 years from now, remember the G M2 will be coming out the next year. Either the new M2 will be something everyone wants and you'll get a crappy trade value or it will be the bane of everything we love about BMW and you might get a great trade value because everyone now wants what everyone is calling the last great M car.

[ASAP]

Originally Posted by xxyion

Would you be selling the car private party or trading into a dealership? For someone who switches every 2-3 years i'm assuming you're going to use it as a trade in rather than bothering with trying to sell it private party.

I traded in my M2C after about 9 months of ownership. 3000 miles on it. I owed 59k and dealership gave me 53k as trade in value. Honestly it could have been more but the issue is the M2C has only been out for 2 years and its a limited run compared to the M240i so used prices havnt averaged out yet. If you were to buy a 2021 now and attempt to trade it in 2 years from now, remember the G M2 will be coming out the next year. Either the new M2 will be something everyone wants and you'll get a crappy trade value or it will be the bane of everything we love about BMW and you might get a great trade value because everyone now wants what everyone is calling the last great M car.

Was this a lease or did you not put anything down?