[NPTM]

Originally Posted by mfarrzhp

Will be interesting to see how a different CS is holding up in the market.

https://carsandbids.com/auctions/3o1...2022-bmw-m5-cs

This car is so insane - legit one of best sedans ever made, one day! Something about the rear bucket seats just get me…

[Ro_Ja Boy]

Originally Posted by allinon72

Also a smaller buyer pool, which we certainly have currently, is going to increase volatility. You just don’t know when the right buyer is going to be looking to bid at any one given time.

I’m one of those people that have been interested in a CS, but the right car at the right deal hasn’t fallen in my lap. 🤞

[NPTM]

Would love to know how many CS’s are on the road now in the US (assume some totaled), and how many are weekend warriors vs daily drivers. If you’re picky on spec, trans and brakes, and you want one with moderate mileage, I could see why the right deal would take some time! I got super lucky and found my perfect spec reasonably quickly and somewhat local…paid fair market, which still stung but my gut was to jump on it as what I wanted was only going to get harder and harder to find…if you’re in it for the long term like me, I wasn’t going to lose my dream spec in hopes of saving a few bucks…have to stay rational, but also not risk losing the perfect car for you trying to time the market. My gut is, after the next few years, most of these cars are going to be in very long term hands, only making things harder.

[thrilla]

Originally Posted by NPTM

Would love to know how many CS’s are on the road now in the US (assume some totaled), and how many are weekend warriors vs daily drivers. If you’re picky on spec, trans and brakes, and you want one with moderate mileage, I could see why the right deal would take some time! I got super lucky and found my perfect spec reasonably quickly and somewhat local…paid fair market, which still stung but my gut was to jump on it as what I wanted was only going to get harder and harder to find…if you’re in it for the long term like me, I wasn’t going to lose my dream spec in hopes of saving a few bucks…have to stay rational, but also not risk losing the perfect car for you trying to time the market. My gut is, after the next few years, most of these cars are going to be in very long term hands, only making things harder.

Spot on. I bought my car at the peak of the market and I haven’t looked back. This one’s a keeper, and I “ruined” it with mods that suits my taste.

[gofast182]

Originally Posted by Ro_Ja Boy

I’m one of those people that have been interested in a CS, but the right car at the right deal hasn’t fallen in my lap. 🤞

I've wanted a CS since it came out but failed to convince my wife in 2020. I didn't mention it much for a couple of years but lately I feel we're at an inflection point in our lives where it's kind of now or never in terms of funds available for an extra "toy" car. Despite some recent, shall we say, heated discussions on the topic and my ideal 1/9 spec. car slipping away in Feb, she did let me bid on the recent BaT 5k mile car. Right now there's nothing in a spec. that I would want and/or at the right price but hopefully she's been convinced, even if it's reluctantly, to approve the purchase when the right one does pop up.

[NPTM]

Originally Posted by gofast182

I've wanted a CS since it came out but failed to convince my wife in 2020. I didn't mention it much for a couple of years but lately I feel we're at an inflection point in our lives where it's kind of now or never in terms of funds available for an extra "toy" car. Despite some recent, shall we say, heated discussions on the topic and my ideal 1/9 spec. car slipping away in Feb, she did let me bid on the recent BaT 5k mile car. Right now there's nothing in a spec. that I would want and/or at the right price but hopefully she's been convinced, even if it's reluctantly, to approve the purchase when the right one does pop up.

Awesome to hear - and to be honest, it’s an asset with defensible value. The stuff my wife loves that’s expensive is all worthless in the second hand market, or at least insanely depreciated on day 1. Diamonds, jewelry, clothes, bags - they don’t understand that a car like this is an asset with real residual value. Took my wife time, but after watching me buy many cars over the last decade, drive/enjoy them, and sell them for more than I bought them for, she finally realizes this isn’t the equivalent of lighting $80-100K on fire!

[///MPECABL]

Originally Posted by gofast182

I've wanted a CS since it came out but failed to convince my wife in 2020. I didn't mention it much for a couple of years but lately I feel we're at an inflection point in our lives where it's kind of now or never in terms of funds available for an extra "toy" car. Despite some recent, shall we say, heated discussions on the topic and my ideal 1/9 spec. car slipping away in Feb, she did let me bid on the recent BaT 5k mile car. Right now there's nothing in a spec. that I would want and/or at the right price but hopefully she's been convinced, even if it's reluctantly, to approve the purchase when the right one does pop up.

I wanted one when they came out as well, never could get an allocations and was late to the leftover, marked up ones. My wife and I had been battling over replacing my corvette with either a 911, M2 or RS5… but never got a chance to drive the M2 Comp, and the RS5 felt too numb. Drove the 911 and had a deposit and an allocation on one, and a deposit on a 2015 NA 911 GTS in a very nice spec, when I “fell into” an M2CS in my exact preferred spec that was located 1 hour from my house. Having NEVER driven the M2, I just trusted my gut, called and ran down to get it. I’ll never be able to thank myself enough and still tough to consider I’d ever get rid of it, but maybe for a special car one day that on my bucket list… Until then, keep looking… The right ones do come around every so often!

[gofast182]

Originally Posted by NPTM

Awesome to hear - and to be honest, it’s an asset with defensible value. The stuff my wife loves that’s expensive is all worthless in the second hand market, or at least insanely depreciated on day 1. Diamonds, jewelry, clothes, bags - they don’t understand that a car like this is an asset with real residual value. Took my wife time, but after watching me buy many cars over the last decade, drive/enjoy them, and sell them for more than I bought them for, she finally realizes this isn’t the equivalent of lighting $80-100K on fire!

Exactly! I don't view the CS as an investment but at the same time buying one isn't lighting the money on fire, it's just moving the money someplace else.

[gofast182]

Originally Posted by ///MPECABL

I wanted one when they came out as well, never could get an allocations and was late to the leftover, marked up ones. My wife and I had been battling over replacing my corvette with either a 911, M2 or RS5… but never got a chance to drive the M2 Comp, and the RS5 felt too numb. Drove the 911 and had a deposit and an allocation on one, and a deposit on a 2015 NA 911 GTS in a very nice spec, when I “fell into” an M2CS in my exact preferred spec that was located 1 hour from my house. Having NEVER driven the M2, I just trusted my gut, called and ran down to get it. I’ll never be able to thank myself enough and still tough to consider I’d ever get rid of it, but maybe for a special car one day that on my bucket list… Until then, keep looking… The right ones do come around every so often!

That's great! Glad it worked out like that for you. I've been checking Autotrader at least once a day for the past 2.5 years and have listing alerts set up with BaT and C&B. One day...

[NYNick]

Some of you guys have been sipping the Kool-Aid to try to justify the price of admission. Buying an M2 CS (or any car) new and hoping for it to retain its value was/is a gamble. To think it will continue to do so long term still is.

Wife/no wife, cash/financing, garage queen/daily driver, it all enters into the equation. I've never bought a car I couldn't afford and I've only bought one "classic" car I ever lost money on, primarily because I made the mistake of restoring it.

Do your homework and buy what you like and can afford. If it maintains its value you win. If it goes up in value you hit the jackpot. If it goes down in value you've had a great time driving a car you love.

Don't try to justify the purchase.

[gofast182]

Agree, NOT an investment and there's no guarantee of retaining value though the CS has been running ahead of the curve in terms of depreciation.

[NPTM]

Originally Posted by NYNick

Some of you guys have been sipping the Kool-Aid to try to justify the price of admission. Buying an M2 CS (or any car) new and hoping for it to retain its value was/is a gamble. To think it will continue to do so long term still is.

Wife/no wife, cash/financing, garage queen/daily driver, it all enters into the equation. I've never bought a car I couldn't afford and I've only bought one "classic" car I ever lost money on, primarily because I made the mistake of restoring it.

Do your homework and buy what you like and can afford. If it maintains its value you win. If it goes up in value you hit the jackpot. If it goes down in value you've had a great time driving a car you love.

Don't try to justify the purchase.

Think we are on the same page here - not justifying the CS purchase as an appreciating asset…just saying it’s nothing like buying a luxury bag that’s gonna worth half as much the day you use it. It’s a real asset, and will it depreciate? Yeah likely. Will it hold its value better than other fun cars? Likely yes. Should you only buy what you can afford? 1000%!

[ChiTownM]

The luxury bag market has had limited edition bags and special designs for quite zome time, you'd be surprised what appreciation is possible by getting yourself immersed in the industry. So get your wife a nice limited edition designer bag in return for you to getting a CS.

Market dynamics for cars have changed with the dramatic shift to EVs and smaller engines, I could see that positively impacting the long term value of the CS. Only time will tell.

Mine is a winter storage and fun in the summertime car....

[gofast182]

Next up: https://bringatrailer.com/listing/2020-bmw-m2-cs-36/

MB
Gold
CCB
MT
7k mi

Opened at $50k, appears it's being sold by a dealer, bid up to $77k already. Seems like a big atypical jump that soon into a 7 day auction.

[NPTM]

Just crazy to me how many of these are turning over in a short period of time…I “get it” now that we’re at the 3-4 year mark, but relative to the amount that were sold in US new vs turned over used, the rate is pretty high recently. Interesting one to watch, thanks for flagging this.

[mfarrzhp]

Originally Posted by NPTM

Just crazy to me how many of these are turning over in a short period of time…I “get it” now that we’re at the 3-4 year mark, but relative to the amount that were sold in US new vs turned over used, the rate is pretty high recently. Interesting one to watch, thanks for flagging this.

Most enthusiasts look to move on after the initial buyers high wears off after a few years. I’ve been guilty many times and I’ve regretted several, including my E46 M3, E46 ZHP and 135i Dinan Stage 3.

I still feel like the M2 CS is special 3+ years later. Maybe because I only drive it 1-2 days per week. Or maybe because I know it’s the last of its kind (short of the G87, which is heavier and not a visually appealing to me). Cars will keep getting faster but heavier and less engaging. I’m keeping this one. I want to drive it in 10–15 years from now.

Maybe one day I’ll hand it down to my now 13 year old son as he approaches 30, and he will get a great collector car.

[NPTM]

100% agree - this is a once in a generation type car…anyone who can swing it financially should hold on for as long as you can, experiences / packages like this likely won’t be on sale new again, especially from BMW. From things as small as the gauge cluster, manual inputs and non-dominating tech in the cabin to things as big as the design language and driving dynamics, this is a car worth holding onto for the long run.

I know most of us share the same love affair, but something that speaks volumes to me is my complete lack of lust for anything else in this class, new or old. That’s the sign of a good long term relationship haha.

[ChiTownM]

Originally Posted by mfarrzhp

Most enthusiasts look to move on after the initial buyers high wears off after a few years. I’ve been guilty many times and I’ve regretted several, including my E46 M3, E46 ZHP and 135i Dinan Stage 3.

I still feel like the M2 CS is special 3+ years later. Maybe because I only drive it 1-2 days per week. Or maybe because I know it’s the last of its kind (short of the G87, which is heavier and not a visually appealing to me). Cars will keep getting faster but heavier and less engaging. I’m keeping this one. I want to drive it in 10–15 years from now.

Maybe one day I’ll hand it down to my now 13 year old son as he approaches 30, and he will get a great collector car.

E46 ZHP with Alcantara interior trim. Still sellers remorse here too.

[NPTM]

Originally Posted by ChiTownM

E46 ZHP with Alcantara interior trim. Still sellers remorse here too.

E46 M3 Imola Red 6mt - sold about 10 years ago for 1/3 of current value. Only knock was the dove interior, would have been perfect with black.

Buddy of mine has white with cinnamon interior - owned it for about 5 years now and says never selling…but I’m slowly working on him haha.

[NYNick]

We're hitting the top of the theoretical investment curve, or have already started the downward trend, for original owners. It's fish or cut bait time. You're either in it now for the long term or you get out while you can still break even and the resale market is still strong. That's what some are thinking....not me.

It's like when your favorite stock has a bad month. Do I hold or do I sell?

Personally I don't care. The money's gone and the car is in the garage. It's a cool car to own and drive.

[BMW003E]

2001 Honda S2000 in Grand Prix white. Sold it for an Acura TSX because the now-ex wanted me to have something practical, but then she bailed after a month. I’ve always said I should have ditched the ex and kept the car.

I view the CS as the spiritual successor to that S2000. It’s just awesome and I love it. Even if I found another S2000, I wouldn’t sell the CS. I’m just attached to it more (plus, the wife loves it too).

[M2CSDaily]

I don’t plan on selling, definitely my favorite car I’ve owned and highly doubt that anything coming is going to tempt me to trade