Used og m2 prices going up?

Dj_Quik · 04-13-2021, 09:22 PM

Quote:

Originally Posted by ///M TOWN

AKA Hongcouver

AKA where people WILL pay 52000 for an OG lmfao.

///M TOWN · 04-13-2021, 09:43 PM

Quote:

Originally Posted by Dj_Quik

Quote:

Originally Posted by ///M TOWN

AKA Hongcouver

AKA where people WILL pay 52000 for an OG lmfao.

For sure

Djphonics · 04-13-2021, 10:08 PM

The market in the gta is also hovering around 50-55k for m2s. There were two dealers who had them at 47-49. 1 car had traveled Canada (bc to on) the other was tuned, and the third never got back to me...

voyagergab · 04-13-2021, 11:12 PM

Lol. Well I stopped by the dealership today to pick up an accessory.
Ended up looking at a grey m2c in manual.
Will see what the sales manager says my 18 lci is worth.
Though I do like my long beach blue colour a lot more.

Dj_Quik · 04-14-2021, 12:37 AM

Quote:

Originally Posted by voyagergab

Lol. Well I stopped by the dealership today to pick up an accessory.
Ended up looking at a grey m2c in manual.
Will see what the sales manager says my 18 lci is worth.
Though I do like my long beach blue colour a lot more.

Lol let us know what they say! Ima guess 40k

///M TOWN · 04-14-2021, 01:50 AM

Quote:

Originally Posted by voyagergab

Lol. Well I stopped by the dealership today to pick up an accessory.
Ended up looking at a grey m2c in manual.
Will see what the sales manager says my 18 lci is worth.
Though I do like my long beach blue colour a lot more.

The Competition wasn't made in Grey so it's another color or your actually looking at the Original Gangster M2 because

The OGM2 as well as Mineral Grey Metallic stopped production June 30th 2018

jkoral · 04-14-2021, 08:03 AM

For a good laugh, check out this 2017 low mileage CPO M2 at Boulder dealer:
https://www.gebhardtbmw.com/certifie...9e54825ee3.htm

I haven't been following prices, but was searching last night because of this thread. Are the listing prices unrealistic (like above) or are people paying marginally more these days?

F22leo · 04-14-2021, 08:40 AM

Quote:

Originally Posted by jkoral

For a good laugh, check out this 2017 low mileage CPO M2 at Boulder dealer:
https://www.gebhardtbmw.com/certifie...9e54825ee3.htm

I haven't been following prices, but was searching last night because of this thread. Are the listing prices unrealistic (like above) or are people paying marginally more these days?

Thats really how the market is, that price is a bit of an outlier but still similar to the sub 10k mileage cars I've seen

BATM2N · 04-14-2021, 09:22 AM

Good that prices are inflated here in Toronto I'm just gonna buy back my lease due next month and move on, anyone knows dealership in the gta that charges the lowest admin fee?

deneed4spd · 04-14-2021, 11:25 AM

Couple months back i did carvana on my 18 m2 with 9K miles with DCT. They offered 40K. I just did the same request and got back 45K. I think the used car market is crazy hot. Heck if Carvana gives me 50K for my car, ill swap up to a new competition.

riko///m2 · 04-14-2021, 12:37 PM

Quote:

Originally Posted by deneed4spd

Couple months back i did carvana on my 18 m2 with 9K miles with DCT. They offered 40K. I just did the same request and got back 45K. I think the used car market is crazy hot. Heck if Carvana gives me 50K for my car, ill swap up to a new competition.

Similar experience here. Carvana offered 36k for my 2017 6sp with 7k miles 4 months ago. Their offer today is $41.3k (with 8.3k miles now).

Still I am not selling.

If you are not familiar with Carvana, their online offer is serious/legit. If you accept, they will cut a check and send a truck to pick up the car.

Dasnub · 04-14-2021, 12:39 PM

Quote:

Originally Posted by riko///m2

Similar experience here. Carvana offered 36k for my 2017 6sp with 7k miles 4 months ago. Their offer today is $41.3k (with 8.3k miles now).

Still I am not selling.

If you are not familiar with Carvana, their online offer is serious/legit. If you accept, they will cut a check and a truck to pick up the car.

Vroom was higher for me on multiple occasions last fall by about $1.5k... both great alternatives to trading in.

voyagergab · 04-14-2021, 12:55 PM

Quote:

Originally Posted by ///M TOWN

Quote:

Originally Posted by voyagergab

Lol. Well I stopped by the dealership today to pick up an accessory.
Ended up looking at a grey m2c in manual.
Will see what the sales manager says my 18 lci is worth.
Though I do like my long beach blue colour a lot more.

The Competition wasn't made in Grey so it's another color or your actually looking at the Original Gangster M2 because

The OGM2 as well as Mineral Grey Metallic stopped production June 30th 2018

Quote:

Originally Posted by ///M TOWN

Quote:

Originally Posted by voyagergab

Lol. Well I stopped by the dealership today to pick up an accessory.
Ended up looking at a grey m2c in manual.
Will see what the sales manager says my 18 lci is worth.
Though I do like my long beach blue colour a lot more.

The Competition wasn't made in Grey so it's another color or your actually looking at the Original Gangster M2 because

The OGM2 as well as Mineral Grey Metallic stopped production June 30th 2018

It was a hockenheim silver. Kind of very light grey.

DanG · 04-14-2021, 01:18 PM

Quote:

Originally Posted by Dasnub

Vroom was higher for me on multiple occasions last fall by about $1.5k... both great alternatives to trading in.

Depends on your state tax. In Washington you only pay the tax on the difference between the price of your new car and your trade in value. With a 10.1% sales tax it is hard to get more than 10.1% above your trade in value.

jkoral · 04-14-2021, 02:07 PM

Quote:

Originally Posted by riko///m2

Carvana offered 36k for my 2017 6sp with 7k miles 4 months ago. Their offer today is $41.3k (with 8.3k miles now).

Cool, I had never tried it -- just put in my 2017 6MT with 17K miles and got $39.1K

Djphonics · 04-14-2021, 03:06 PM

Quote:

Originally Posted by BATM2N

Good that prices are inflated here in Toronto I'm just gonna buy back my lease due next month and move on, anyone knows dealership in the gta that charges the lowest admin fee?

Maranello charged 899! I bought out someone's lease. They made a bit of coin out of the transaction but I don't know how much. I tried to deal with budds but didn't hear back from them in time...or at all now that I think of it

Ggeezer · 04-14-2021, 10:45 PM

Quote:

Originally Posted by Djphonics

The market in the gta is also hovering around 50-55k for m2s. There were two dealers who had them at 47-49. 1 car had traveled Canada (bc to on) the other was tuned, and the third never got back to me...

Same in Montreal though a dealer listed a 18 LCI with 763M wheels for 61k

. With our lovely taxes, that comes out to almost 70k which is bonkers.

My car is an identical spec with 10k km less so perhaps I could undercut them ... but I love the OG and track season is around the corner.

stulio2181 · 04-15-2021, 10:35 AM

Found a recent article that gives a reasonable explanation.

https://www.jdpower.com/cars/shoppin...s-so-expensive

Dj_Quik · 04-15-2021, 11:15 AM

thats good info. hopefully it translates to getting a higher trade in when i decide to buy the upcoming g87 m2!

AndroidRobot · 04-16-2021, 12:38 AM

I bought mine, 2018 fully loaded, 6300 miles, M-DCT for ~$44K

AndroidRobot · 04-16-2021, 12:43 AM

Quote:

Originally Posted by jkoral

Quote:

Originally Posted by riko///m2

Carvana offered 36k for my 2017 6sp with 7k miles 4 months ago. Their offer today is $41.3k (with 8.3k miles now).

Cool, I had never tried it -- just put in my 2017 6MT with 17K miles and got $39.1K

NADA should be higher than that if you look at AVG trade. here's the book on my car when I bought it, I basically paid clean trade for it

TMR013 · 04-16-2021, 10:24 AM

I think it has more to do with a general shortage of used cars.
Interestingly, my Dealer has been begging me for months to "trade up" to an M2C. Made me wonder if they can't move them because of the CS.

04-13-2021, 10:08 PM	#25
Djphonics Private First Class 45 Rep 128 Posts Drives: MK7 GSW - E91 - 5th gen VFR Join Date: Mar 2021 Location: canada iTrader: (0)	The market in the gta is also hovering around 50-55k for m2s. There were two dealers who had them at 47-49. 1 car had traveled Canada (bc to on) the other was tuned, and the third never got back to me...
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04-13-2021, 11:12 PM	#26
voyagergab Major 633 Rep 1,083 Posts Drives: G82 M4 6MT, G01/F97 X3M Join Date: May 2014 Location: Calgary, AB iTrader: (0)	Lol. Well I stopped by the dealership today to pick up an accessory. Ended up looking at a grey m2c in manual. Will see what the sales manager says my 18 lci is worth. Though I do like my long beach blue colour a lot more.
	Appreciate 0 Quote

04-14-2021, 08:03 AM	#29
jkoral Lieutenant Colonel 1023 Rep 1,968 Posts Drives: 2017 M2 LBB 6MT Join Date: Oct 2007 Location: MA iTrader: (7)	For a good laugh, check out this 2017 low mileage CPO M2 at Boulder dealer: https://www.gebhardtbmw.com/certifie...9e54825ee3.htm I haven't been following prices, but was searching last night because of this thread. Are the listing prices unrealistic (like above) or are people paying marginally more these days?
	Appreciate 2 F22leo244.00 stulio2181375.50 Quote

04-14-2021, 09:22 AM	#31
BATM2N Enlisted Member 54 Rep 46 Posts Drives: M2 Join Date: Sep 2018 Location: Toronto iTrader: (0)	Good that prices are inflated here in Toronto I'm just gonna buy back my lease due next month and move on, anyone knows dealership in the gta that charges the lowest admin fee?
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04-14-2021, 11:25 AM	#32
deneed4spd Private First Class 150 Rep 171 Posts Drives: F87 M2 OG<E90 328i<E36 328i Join Date: May 2019 Location: Minnesota iTrader: (0)	Couple months back i did carvana on my 18 m2 with 9K miles with DCT. They offered 40K. I just did the same request and got back 45K. I think the used car market is crazy hot. Heck if Carvana gives me 50K for my car, ill swap up to a new competition.
	Appreciate 0 Quote

04-15-2021, 10:35 AM	#40
stulio2181 Second Lieutenant 376 Rep 236 Posts Drives: 2018 LBB M2 Join Date: Dec 2014 Location: Austin,TX iTrader: (0)	Found a recent article that gives a reasonable explanation. https://www.jdpower.com/cars/shoppin...s-so-expensive
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04-15-2021, 11:15 AM	#41
Dj_Quik Second Lieutenant 120 Rep 259 Posts Drives: 2018 F80 Join Date: Aug 2016 Location: Delta, BC iTrader: (1)	thats good info. hopefully it translates to getting a higher trade in when i decide to buy the upcoming g87 m2!
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04-16-2021, 12:38 AM	#42
AndroidRobot Major General 4332 Rep 6,121 Posts Drives: 2022 Porsche Boxster GTS Join Date: Apr 2018 Location: Houston, TX iTrader: (0) Garage List [0.00] 2022 Porsche Boxste ... [0.00]	I bought mine, 2018 fully loaded, 6300 miles, M-DCT for ~$44K __________________ 2022 Porsche Boxster GTS Gentian Blue 2023 Porsche Spyder Python Green (on order) 2022 BMW M3 Comp AWD IOMG/Kyalami Orange (SOLD) 2018 BMW M2 Mineral Grey(SOLD) 2019 BMW X5 50i Carbon Black/Tartufo (SOLD)
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04-16-2021, 10:24 AM	#44
TMR013 Opus Angelus 425 Rep 1,267 Posts Drives: 2018 LBB M2 Join Date: Apr 2009 Location: Chandler, AZ iTrader: (0)	I think it has more to do with a general shortage of used cars. Interestingly, my Dealer has been begging me for months to "trade up" to an M2C. Made me wonder if they can't move them because of the CS.
	Appreciate 0 Quote